Swedish real estate company owning and developing residential and commercial properties, mainly in Gothenburg and Stockholm.
Swedish real estate company owning and developing residential and commercial properties, mainly in Gothenburg and Stockholm.
Rents in Sweden are set through collective negotiation with the tenants' union rather than by the market, so rental growth is gradual. It builds new rental housing mainly for its own portfolio and keeps wind power to supply its own demand and sell surplus electricity. Founder Hans Wallenstam is the largest shareholder.
In one line: A regional Swedish REIT like a smaller AvalonBay/Boston Properties hybrid.
Moat: narrow (installed base, scale). Concentrated, well-located urban portfolio in growth cities gives some pricing power on rents.
Headquarters: Gothenburg, Sweden · Founded: 1944 · Employees: 249
Size Wallenstam (WALL-B.ST) is a Sweden Real Estate company (Real Estate Development) with a market value of $2.57B, the 65th largest of 221 Sweden companies the cockpit tracks. Shares closed at SEK 39.52 on 6 Nov 2026.
Performance Over six months the shares fell 1.6%, against -14.0% for the median peer and +8.2% for the Sweden market (cap-weighted) — 4th highest of 20 in its peer set.
Growth Revenue grew 1.9% over the last twelve months (peer median +7.1%); the operating margin is 60.2% (peer median 28.6%).
Valuation It trades at 19.3× forward earnings against a peer median of 15.6× (8th most expensive of 17).
Next results Next results expected around 5 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | SEK 3.31B | SEK 3.25B | SEK 3.16B | SEK 3.34B | SEK 2.79B |
| Revenue growth | — | +3% | -5% | +20% | — |
| Gross profit | SEK 2.44B | SEK 2.38B | SEK 2.29B | SEK 2.25B | SEK 2.05B |
| EBITDA | SEK 2.06B | SEK 2.03B | SEK 1.99B | SEK 1.93B | SEK 1.79B |
| Net income | SEK 2.94B | SEK 2.56B | SEK 774M | -SEK 450M | SEK 1.10B |
| Free cash flow | SEK 1.41B | SEK 1.38B | SEK 1.22B | SEK 1.33B | SEK 1.18B |
| Capital expenditure | SEK 3.00M | SEK 17.0M | SEK 10.0M | SEK 11.0M | SEK 27.0M |
| Total debt | SEK 35.0B | SEK 33.9B | SEK 31.0B | SEK 29.6B | SEK 28.8B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Wallenstam WALL-B.ST | $2.57B | -2% | +2% | 60% | 19.3× | n/a |
| Fabege FABG.ST | $2.02B | -16% | +27% | 59% | 14.7× | n/a |
| Atrium Ljungberg ATRLJ-B.ST | $1.45B | -24% | +8% | 55% | 12.3× | n/a |
| Castellum CAST.ST | $5.94B | +10% | -3% | 67% | 16.1× | n/a |
| Platzer Fastigheter PLAZ-B.ST | $776M | -12% | +1% | 74% | 9.2× | n/a |
| Hufvudstaden HUFV-A.ST | $2.14B | -5% | -4% | 47% | 20.9× | n/a |
| HEBA Fastighets HEBA-B.ST | $397M | -7% | +5% | 66% | 16.4× | n/a |
| Samhallsbyggnadsbolaget I Norden SBB-B.ST | $429M | -31% | -30% | 45% | n/a | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | WALL-B.ST | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +13.7% | -2.6% | 4th highest of 21 |
| 6-month return | -1.6% | -14.0% | 4th highest of 20 |
| Distance from 52-week high | -13.7% | -29.4% | 4th highest of 21 |
| Revenue growth (TTM) | +1.9% | +7.1% | 8th lowest of 20 |
| Operating margin | 60.2% | 28.6% | 5th highest of 20 |
| Forward P/E | 19.3× | 15.6× | 8th most expensive of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Wallenstam WALL-B.ST | Sweden | $2.57B | -2% | +2% | 60% | 19.3× | n/a | n/a |
| Savills SVS.L | United Kingdom | $2.56B | +37% | +7% | 5% | 13.4× | n/a | n/a |
| Eaglerock Land LLC EROK | United States | $2.60B | n/a | n/a | n/a | 29.6× | n/a | n/a |
| Catena CATE.ST | Sweden | $2.61B | -11% | +17% | 82% | 13.4× | n/a | n/a |
| TAG Immobilien TEG.DE | Germany | $2.51B | -20% | -5% | 31% | 10.1× | n/a | n/a |
| Greenland 600606.SS | China | $2.66B | -20% | -30% | -12% | 63.0× | n/a | n/a |
| Vantone Neo Development 600246.SS | China | $2.69B | -14% | +22% | -152% | n/a | n/a | n/a |
| Highwealth Construction 2542.TW | Taiwan | $2.42B | -5% | +111% | 25% | 4.3× | n/a | n/a |
| Shenzhen Special Economic Zone Real Estate and Properties (Group) 000029.SZ | China | $2.73B | -6% | -24% | 14% | n/a | n/a | n/a |
| Frasers Property TQ5.SI | Singapore | $2.80B | -20% | -21% | 29% | 26.8× | n/a | n/a |
| Onewo 2602.HK | Hong Kong | $2.84B | +6% | +8% | 3% | 20.6× | n/a | n/a |
| Relo 8876.T | Japan | $2.30B | +21% | +7% | 20% | 15.5× | n/a | n/a |
| Wihlborgs Fastigheter WIHL.ST | Sweden | $2.28B | -14% | +7% | 70% | 10.8× | n/a | n/a |
| Investis IREN.SW | Switzerland | $2.26B | -2% | +10% | 67% | 32.9× | n/a | n/a |
| Green Development Electricity Group of Tianjin 000537.SZ | China | $2.19B | -28% | +13% | 31% | 37.3× | n/a | n/a |
| Hysan Development 0014.HK | Hong Kong | $2.16B | -20% | -2% | 72% | 7.5× | n/a | n/a |
| Newmark NMRK | United States | $2.16B | -29% | +16% | 7% | 6.1× | n/a | n/a |
| Xiangcai 600095.SS | China | $3.07B | -19% | -3% | 12% | 26.5× | n/a | n/a |
| Hang Lung 0010.HK | Hong Kong | $2.14B | -25% | +9% | 53% | n/a | n/a | n/a |
| Singapore Land U06.SI | Singapore | $3.08B | -25% | +4% | 36% | n/a | n/a | n/a |
| Lumo Homes LUMO.HE | Finland | $2.14B | -3% | +1% | 59% | 15.8× | n/a | n/a |