{"id":"INVE-B.ST-20260801","symbol":"INVE-B.ST","date":"2026-08-01","facts":{"symbol":"INVE-B.ST","name":"Investor AB (publ)","sector":"Financial Services","industry":"Asset Management","country":"Sweden","summary":"Investor AB (publ) is a private equity firm specializing in mature, middle market, buyouts and growth capital investments. For core investments, the firm invests in health care, financial services, IT and fintech sectors, life sciences, mathematics, data, materials science, AI, quantum technology and considers investments in listed companies in leading minority positions. The firm seeks to invest globally. For its operating investments, the firm seeks to focus on medium-sized to large companies headquartered in Northern Europe. It prefers to invests in North Africa, Sub-Saharan Africa, Asia-Pacific, Channel Island, Greenland, The Faroe Islands, Finland, Iceland, Ireland, Jan Mayen, Svalbard, Sweden, Isle of Man, Estonia, Latvia, Lithuania, Great Lakes, Mountain, Latin America and Caribbean region. It seeks to invest between $200 million and $700 million. The firm considers majority or minority investments in both listed and unlisted companies. It acquires controlling interest or minority position with significant influence in its portfolio companies within operating investments. For financial investments, it acquires minority ownership in financial holdings for shorter horizon. The firm seeks to exit its private equity investments between three years and seven years. The firm seeks to take board membership in its portfolio companies. Investor AB (publ) was founded in 1916 and is based in Stockholm, Sweden.","tradeCcy":"SEK","finCcy":"SEK","isPence":false,"price":411,"priceMajor":411,"mcap":1259110793216,"shares":1816766725,"ev":1365195882496,"beta":0.778,"high52":416.55,"low52":278.7,"drawdown":-0.013323730644580478,"ret6m":0.14714748241598752,"ret12m":0.4494286923402455,"trailingPE":4.7957993,"forwardPE":null,"priceToBook":1.1595495,"dividendYield":0.0137,"revenueTTM":328016003072,"ebitda":271980494848,"grossMargin":0.89444,"opMargin":0.88697,"profitMargin":0.80067,"roe":0.27254,"revGrowthTTM":1.17,"ocfTTM":23918000128,"fcfTTM":166005374976,"totalCash":20027000832,"totalDebt":125865000960,"netDebt":105838000128,"est":{"rev0y":68142110000,"eps0y":48.44555,"rev1y":68513054500,"eps1y":26.99111,"growth1y":null,"target":393.8,"nAnalysts":5,"rec":"hold"},"hist":{"years":["2022","2023","2024","2025"],"revenue":[-27305000000,180485000000,168909000000,216578000000],"netIncome":[-74681000000,127045000000,113338000000,157494000000],"fcf":[12242000000,17245000000,19162000000,18987000000],"ocf":[],"opIncome":[],"eps":[-24.38,41.46,36.98,51.39],"equity":[604865000000,716768000000,819364000000,953705000000],"revCAGR3":null,"lossYears":1},"cyclicality":0.8156264149916044,"isFinancial":true,"chartPts":[{"d":"2024-07-28","c":272.96},{"d":"2024-08-04","c":276.01},{"d":"2024-08-11","c":287.04},{"d":"2024-08-18","c":292.51},{"d":"2024-08-25","c":295.56},{"d":"2024-09-01","c":284.67},{"d":"2024-09-08","c":291.4},{"d":"2024-09-15","c":300.21},{"d":"2024-09-22","c":301.85},{"d":"2024-09-29","c":297.55},{"d":"2024-10-06","c":301.9},{"d":"2024-10-13","c":300.02},{"d":"2024-10-20","c":296.19},{"d":"2024-10-27","c":292.47},{"d":"2024-11-03","c":294.2},{"d":"2024-11-10","c":287.88},{"d":"2024-11-17","c":290.02},{"d":"2024-11-24","c":290.8},{"d":"2024-12-01","c":299.5},{"d":"2024-12-08","c":288.52},{"d":"2024-12-15","c":282.44},{"d":"2024-12-22","c":285.31},{"d":"2024-12-29","c":288.32},{"d":"2025-01-05","c":290.94},{"d":"2025-01-12","c":304.06},{"d":"2025-01-19","c":306.3},{"d":"2025-01-26","c":307.37},{"d":"2025-02-02","c":301.97},{"d":"2025-02-09","c":310.23},{"d":"2025-02-16","c":313},{"d":"2025-02-23","c":310.72},{"d":"2025-03-02","c":304.26},{"d":"2025-03-09","c":300.47},{"d":"2025-03-16","c":301.54},{"d":"2025-03-23","c":296.24},{"d":"2025-03-30","c":266.6},{"d":"2025-04-06","c":262.33},{"d":"2025-04-13","c":269.76},{"d":"2025-04-20","c":278.07},{"d":"2025-04-27","c":280.94},{"d":"2025-05-04","c":279.82},{"d":"2025-05-11","c":288.54},{"d":"2025-05-18","c":275.44},{"d":"2025-05-25","c":277.9},{"d":"2025-06-01","c":279.72},{"d":"2025-06-08","c":270.71},{"d":"2025-06-15","c":270.91},{"d":"2025-06-22","c":277.9},{"d":"2025-06-29","c":277.01},{"d":"2025-07-06","c":284.79},{"d":"2025-07-13","c":287.65},{"d":"2025-07-20","c":287.65},{"d":"2025-07-27","c":276.23},{"d":"2025-08-03","c":283.56},{"d":"2025-08-10","c":290.75},{"d":"2025-08-17","c":293.66},{"d":"2025-08-24","c":286.91},{"d":"2025-08-31","c":286.12},{"d":"2025-09-07","c":281.3},{"d":"2025-09-14","c":279.62},{"d":"2025-09-21","c":283.71},{"d":"2025-09-28","c":298.78},{"d":"2025-10-05","c":298.93},{"d":"2025-10-12","c":302.03},{"d":"2025-10-19","c":310.79},{"d":"2025-10-26","c":308.77},{"d":"2025-11-02","c":309.26},{"d":"2025-11-09","c":315.69},{"d":"2025-11-16","c":309.16},{"d":"2025-11-23","c":317.97},{"d":"2025-11-30","c":319.35},{"d":"2025-12-07","c":317.57},{"d":"2025-12-14","c":319.65},{"d":"2025-12-21","c":321.63},{"d":"2025-12-28","c":322.47},{"d":"2026-01-04","c":336.96},{"d":"2026-01-11","c":345.62},{"d":"2026-01-18","c":335.23},{"d":"2026-01-25","c":339.54},{"d":"2026-02-01","c":358.28},{"d":"2026-02-08","c":354.97},{"d":"2026-02-15","c":364.07},{"d":"2026-02-22","c":373.72},{"d":"2026-03-01","c":352.3},{"d":"2026-03-08","c":347.9},{"d":"2026-03-15","c":334.34},{"d":"2026-03-22","c":341.76},{"d":"2026-03-29","c":350.86},{"d":"2026-04-05","c":369.81},{"d":"2026-04-12","c":381.48},{"d":"2026-04-19","c":368.37},{"d":"2026-04-26","c":368.03},{"d":"2026-05-03","c":369.45},{"d":"2026-05-10","c":364.5},{"d":"2026-05-17","c":380.55},{"d":"2026-05-24","c":380.75},{"d":"2026-05-31","c":379.95},{"d":"2026-06-07","c":379.1},{"d":"2026-06-14","c":391.15},{"d":"2026-06-21","c":394.35},{"d":"2026-06-28","c":405.8},{"d":"2026-07-05","c":394.4},{"d":"2026-07-12","c":397},{"d":"2026-07-19","c":403.5},{"d":"2026-07-26","c":407.9},{"d":"2026-07-31","c":411}],"problems":["Finansiel virksomhed: FCF-DCF er uegnet; der bruges i stedet en egenkapital-baseret model (justified P/B)."],"fetchedUtc":"2026-08-01T07:39:04.614Z","pct":{"roe":55,"opMargin":95,"fwdPE":null,"fcfYield":95,"revGrowth":95,"ret12m":80},"fcfYieldTTM":0.1318433420398151},"val":{"viable":true,"model":"pb","scenarios":{"bear":{"perShare":992.94,"prob":0.25,"note":"ROE −30 %, afkastkrav 11,5 %"},"base":{"perShare":1614.48,"prob":0.5,"note":"ROE −10 % (normalisering), afkastkrav 10 %"},"bull":{"perShare":2122.01,"prob":0.25,"note":"ROE fastholdt, afkastkrav 9 %"}},"weighted":1585.98,"upside":2.859,"assumptions":["Finansiel model: justified P/B = (ROE − g)/(r − g), ROE 27,3 %, vækst 3 %, bogført værdi/aktie 524.9 SEK."],"impliedG1":null,"sensitivity":null},"verdict":{"label":"ATTRAKTIV","tone":"bull","body":"Sandsynlighedsvægtet fair value ligger 285,9 % over kursen. Modellen ser en reel sikkerhedsmargin. Selskabet er stærkt cyklisk — fair value-viften er bred, og timing dominerer."},"nar":{"bull":["Høj driftsmargin på 88,7 %","Stærk omsætningsvækst på 117,0 %","Høj ROE på 27,3 %","Høj FCF-yield på 13,2 %","Stor upside på 285,9 % til fair value"],"bear":["Lav konsensus-anbefaling på 'hold'","Kursen allerede indregner 9 % afkastkrav","Reverse-DCF-tal på 992,94 SEK i bear-scenarie","Høj cyklikalitet på 0,82","Nedgang på 1,3 % fra 52-ugerstoppet"],"risks":["Høj gæld på 105,8 mia. SEK","Afhængighed af private equity-markedet","Konkurrence fra andre investeringsfirmaer","Økonomiske nedgangsrisici"],"catalysts":["Øget investeringsaktivitet i sundhedssektoren","Stigende efterspørgsel på IT- og fintech-investeringer","Forbedring af den økonomiske situation i Europa"],"oneLiner":"Investor AB (publ) har stærke fundamentale nøgletal, men kursen er allerede høj og indeholder risici.","source":"ai"},"engine":"v1"}