Subscribe

Investor AB (publ) (INVE-B.ST)

SEK396.80 +4.85 (+1.24%)
SE STO Financial Services Asset Management
Address Arsenalsgatan 8C 103 32
Stockholm, SE
CEO Christian Cederholm
IPO 2000-01-03
ISIN SE0015811963

Explore sections of this company profile

Also trades on CBOE Europe · INVEAS.XD (SEK) Other OTC · IVSBF (USD) Other OTC · IVSXF (USD) Stockholm Stock Exchange · INVE-A.ST (SEK) Stockholm Stock Exchange · INVE-B.ST (SEK)
Description

Investor AB (publ) functions as an investment firm primarily focused on venture capital activities. Its expertise lies in growth capital, buyouts, and investments within mature, mid-market companies. The company’s operations are structured into four main segments: Core Investments, Private Equity, Operating Investments, and Financial Investments. For its Core Investments, Investor AB targets significant minority stakes in publicly traded companies across the healthcare, financial services, information technology, and fintech sectors. These investments are pursued globally, with the explicit goal of securing a board seat within the portfolio companies. In its Operating Investments division, the firm concentrates on medium to large enterprises, predominantly those headquartered in Northern Europe. Here, Investor AB aims for either a controlling interest or a substantial minority position that grants significant influence over its portfolio companies, which may be both listed or unlisted. The Private Equity segment encompasses both venture capital and buyout strategies. Its venture capital efforts are channeled through its subsidiary, Investor Growth Capital, which targets innovative companies ranging from early-stage startups to those poised for expansion. These investments, which typically involve minority stakes, have a commitment range of SEK 20 million ($2.94 million) to SEK 200 million ($29.43 million). The focus areas include information technology, general technology, engineering, financial services, and healthcare, with a geographical scope covering Europe, the United States, and Asia. The holding period for these venture capital investments generally spans three to seven years. For buyouts, the firm invests through its affiliated fund, EQT, which concentrates on mature, mid-sized companies located in Northern Europe and Greater China. Across all private equity investments, the firm usually seeks to exit positions within a three-to-seven-year timeframe and often pursues board representation. Finally, the Financial Investments arm involves acquiring minority ownership in various financial holdings, typically for shorter-term horizons. Founded in 1916, Investor AB (publ) is headquartered in Stockholm, Sweden, and maintains an international footprint with additional offices in Amsterdam, Netherlands; Beijing, China; Menlo Park, California; Hong Kong, China; New York, New York; and Tokyo, Japan.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
SEK396.80 +4.85 (+1.24%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
3M
Beta
0.78
Float Shares
2.44B
Free Float %
79.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.75% -0.79% +2.35% +0.79% +18.47% +16.81% +34.92% +73.15% +98.72% +421.79% +1,158.68%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
396.80
DCF (Unlevered) 68.22 -82.8%
Ratings Trend (MoM) 33% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 2 -1
Hold 3 0
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
5.30
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
1 / 5
Low
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Asset Management: +13.3%
    +28.4% Q1'26: +117.7% (vs Q1'25)
  • EPS growth Asset Management: +19.3%
    +38.9% Q1'26: +1,091.9% (vs Q1'25)
  • FCF margin Asset Management: +27.4%
    +68.8% Q1'26: +43.0% (vs Q1'25)
  • EBIT margin Asset Management: +53.6%
    +71.4% Q1'26: +122.0% (vs Q1'25)
  • ROIC Asset Management: +5.7%
    +15.0% Q1'26: +11.6% (vs Q1'25)
  • Share dilution Asset Management: +0.0%
    +0.0% Q1'26: +0.1% (vs Q1'25)
  • Debt / EBITDA Asset Management: 0.00×
    0.74× Q1'26: 0.97× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.78) × ERP
WACC = 91% × Ke + 9% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 68.22 Current price: 396.80
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
2 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
41.86B
est: 24.71B (+69.4%)
63.19B
est: 32.33B (+95.4%)
77.50B
est: 33.89B (+128.7%)
39.46B
est: 35.41B (+11.5%)
143.91B
est: 42.02B (+242.5%)
90.63B
est: 44.00B (+106.0%)
266.90B
est: 40.76B (+554.9%)
-24.82B
est: 43.59B (-156.9%)
183.96B
est: 68.44B (+168.8%)
172.83B
est: 56.64B (+205.1%)
221.86B
est: 65.50B (+238.7%)
66.79B
65.84B – 67.74B
+2.0% YoY
69.72B
67.76B – 71.68B
+4.4% YoY
72.76B
71.73B – 73.79B
+4.4% YoY
EBITDA
19.65B
est: 18.77B (+4.7%)
34.98B
est: 24.55B (+42.5%)
47.43B
est: 25.74B (+84.3%)
-914.00M
est: 26.89B (-103.4%)
102.65B
est: 31.92B (+221.6%)
53.13B
est: 33.42B (+59.0%)
228.32B
est: 30.95B (+637.6%)
-73.68B
est: 33.11B (-322.6%)
127.69B
est: 51.98B (+145.6%)
114.39B
est: 44.47B (+157.2%)
158.45B
est: 51.43B (+208.1%)
52.44B
51.69B – 53.18B
+2.0% YoY
54.74B
53.20B – 56.28B
+4.4% YoY
57.13B
56.32B – 57.94B
+4.4% YoY
EBIT
19.65B
est: 18.77B (+4.7%)
34.98B
est: 24.55B (+42.5%)
47.43B
est: 25.74B (+84.3%)
-914.00M
est: 26.89B (-103.4%)
102.65B
est: 31.92B (+221.6%)
53.13B
est: 33.42B (+59.0%)
228.32B
est: 30.95B (+637.6%)
-73.68B
est: 33.11B (-322.6%)
127.69B
est: 51.98B (+145.6%)
114.39B
est: 44.47B (+157.2%)
158.45B
est: 51.43B (+208.1%)
52.44B
51.69B – 53.18B
+2.0% YoY
54.74B
53.20B – 56.28B
+4.4% YoY
57.13B
56.32B – 57.94B
+4.4% YoY
Net Income
17.43B
est: 12.90B (+35.1%)
33.67B
est: 16.38B (+105.5%)
44.32B
est: 12.72B (+248.4%)
-2.25B
est: 6.80B (-133.1%)
101.23B
est: 11.41B (+786.8%)
52.79B
est: 50.60B (+4.3%)
228.07B
est: 103.57B (+120.2%)
-74.76B
est: -51.81B (-44.3%)
127.05B
est: 64.54B (+96.9%)
113.34B
est: 50.28B (+125.4%)
157.49B
est: 164.37B (-4.2%)
122.99B
120.72B – 125.26B
-25.2% YoY
78.43B
76.98B – 79.87B
-36.2% YoY
80.72B
79.23B – 82.21B
+2.9% YoY
SGA
22.01B
est: -3.70B (+695.6%)
27.26B
est: -4.83B (+663.9%)
31.36B
est: -5.07B (+718.8%)
38.41B
est: -5.29B (+825.4%)
38.32B
est: -6.28B (+709.7%)
34.32B
est: -6.58B (+621.7%)
36.24B
est: -6.09B (+694.5%)
46.08B
est: -6.52B (+806.9%)
52.11B
est: -10.24B (+609.1%)
53.81B
est: -9.86B (+645.5%)
56.72B
est: -11.41B (+597.2%)
-11.63B
-11.80B – -11.47B
-2.0% YoY
-12.14B
-12.48B – -11.80B
-4.4% YoY
-12.67B
-12.85B – -12.49B
-4.4% YoY
EPS
5.72
est: 4.21 (+35.8%)
11.02
est: 5.34 (+106.2%)
14.49
est: 4.15 (+249.1%)
-0.74
est: 2.22 (-133.4%)
33.07
est: 3.72 (+787.9%)
17.24
est: 16.51 (+4.4%)
74.45
est: 33.79 (+120.3%)
-24.41
est: -16.90 (-44.4%)
41.48
est: 21.06 (+97.0%)
37.00
est: 16.40 (+125.6%)
51.42
est: 53.62 (-4.1%)
40.12
39.38 – 40.86
-25.2% YoY
25.58
25.11 – 26.06
-36.2% YoY
26.33
25.85 – 26.82
+2.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-05-28 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-05-27 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-05-26 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-05-25 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-05-22 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-05-21 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-05-20 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-05-19 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-05-18 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-05-15 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-05-13 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-05-12 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-05-11 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-05-08 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-05-07 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-05-06 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-05-05 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-05-04 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-04-30 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-04-29 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-04-28 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-04-27 A- 4/5 1/5 5/5 5/5 3/5 4/5 3/5
2026-04-24 A- 4/5 1/5 5/5 5/5 2/5 4/5 3/5
2026-04-23 A- 4/5 1/5 5/5 5/5 2/5 4/5 3/5
2026-04-22 A- 4/5 1/5 5/5 5/5 2/5 4/5 3/5
2026-04-21 A- 4/5 1/5 5/5 5/5 2/5 4/5 3/5
2026-04-20 A- 4/5 1/5 5/5 5/5 2/5 4/5 3/5
2026-04-17 A- 4/5 1/5 5/5 5/5 2/5 4/5 3/5
2026-04-16 A- 4/5 1/5 5/5 5/5 2/5 4/5 3/5
2026-04-15 A- 4/5 1/5 5/5 5/5 2/5 4/5 3/5
2026-04-14 A- 4/5 1/5 5/5 5/5 2/5 4/5 3/5
2026-04-13 A- 4/5 1/5 5/5 5/5 2/5 4/5 3/5
2026-04-10 A- 4/5 1/5 5/5 5/5 2/5 4/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
37.33B
OE per share TTM
12.17
Owner's Yield
3.20%
Maintenance CapEx ratio
1.12%
Maint CapEx / Avg PPE
6.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
8.31M
Shares Outstanding
3.06B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Catharina Thornell Head of Treasury female
Christian Cederholm President, CEO, Director & Member of Management Board male
Daniel Nodhall Head of Listed Companies & Member of Management Board male
Jacob Lund Chief Communications & Sustainability Officer male
Jenny Ashman Haquinius Chief Financial Officer female
Jessica Haggstrom Head of Human Resources female
Magnus Dalhammar Head of Investor Relations male
Petra Hedengran MD, Head of Corporate Governance & Investments in EQT, General Counsel and Member of Mgmt. Board female
Sofia Jonsson Head of Sustainability
Thomas Kidane Co-Head of Patricia Industries & Member of Management Board male
Yuriy A. Prilutskiy Co-Head of Patricia Industries male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits