Vef Ab (VEFAB.ST)
Stockholm, SE
VEF AB (publ) is a venture capital firm specializing in early venture, emerging growth and growth capital investments. The firm primarily invests in modern financial services and fintech sector. The financial services sector includes payments providers, Credit, mobile money and all forms of financial marketplaces. It seeks to invest in Asia/Pacific, Africa/Middle East, European Emerging Market, Mexico, Brazil and Colombia. It typically invests in the emerging and frontier markets. It prefers to take a minority stakes and board representation. VEF AB (publ) was founded in 2015 and is based in Stockholm, Sweden.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +1.94% | +11.97% | +10.79% | +0.72% | -9.27% | -2.09% | +12.57% | -4.75% | -43.72% | -43.72% | -43.72% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 2 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Asset Management: +17.4%-235.9% Q1'26: -99.3% (vs Q1'25)
-
EPS growth Asset Management: +22.7%+192.7% ★ Q1'26: -626.3% (vs Q1'25)
-
FCF margin FCF growth · Asset Management: +27.7%+21,683.8% Q1'26: -4,347.5% (vs Q1'25)
-
EBIT margin Asset Management: +50.6%+22,688.1% ★ Q1'26: -35,355.7% (vs Q1'25)
-
ROIC Asset Management: +6.5%+19.8% ★ Q1'26: -24.8% (vs Q1'25)
-
Share dilution Asset Management: +0.0%-1.4% ★ Q1'26: -2.4% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Asset Management: -0.03×0.29× Q1'26: 0.00× (vs Q1'25)
* 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.
| Metric |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. |
Dec 2027 1 Rev. Ana. |
|---|---|---|---|---|---|---|---|
| Revenue |
-33.64M
est: 165.11M (-120.4%)
|
431.0K
est: 371.92M (-99.9%)
|
74.93M
est: -2.73M (+2,844.6%)
|
-290.0K
est: -27.69M (+99.0%)
|
394.0K
est: 30.85M (-98.7%)
|
2.29M
2.29M – 2.29M
-92.6% YoY
|
98.5K
98.5K – 98.5K
-95.7% YoY
|
| EBITDA |
275.65M
est: 30.07M (+816.8%)
|
-374.22M
est: 67.73M (-652.5%)
|
68.22M
est: -497.1K (+13,822.8%)
|
-81.70M
est: -5.04M (-1,520.5%)
|
89.44M
est: 5.62M (+1,491.9%)
|
416.2K
416.2K – 416.2K
-92.6% YoY
|
17.9K
17.9K – 17.9K
-95.7% YoY
|
| EBIT |
275.54M
est: 30.04M (+817.2%)
|
-374.32M
est: 67.67M (-653.1%)
|
68.16M
est: -496.7K (+13,822.8%)
|
-81.75M
est: -5.04M (-1,522.9%)
|
89.39M
est: 5.61M (+1,492.3%)
|
415.8K
415.8K – 415.8K
-92.6% YoY
|
17.9K
17.9K – 17.9K
-95.7% YoY
|
| Net Income |
275.51M
|
-377.36M
est: -370.15M (-1.9%)
|
60.07M
est: -4.01M (+1,596.4%)
|
-89.86M
est: -29.43M (-205.4%)
|
85.45M
est: 23.48M (+263.9%)
|
—
— – —
-100.0% YoY
|
—
— – —
|
| SGA |
3.44M
est: 122.43M (-97.2%)
|
2.88M
est: 275.78M (-99.0%)
|
7.12M
est: -10.73M (+166.3%)
|
1.86M
est: -108.86M (+101.7%)
|
7.64M
est: 121.31M (-93.7%)
|
8.99M
8.99M – 8.99M
-92.6% YoY
|
387.3K
387.3K – 387.3K
-95.7% YoY
|
| EPS |
0.30
|
-0.36
est: -0.36 (-1.3%)
|
0.06
est: 0.00 (+1,577.0%)
|
-0.09
est: -0.03 (-201.0%)
|
0.08
est: 0.02 (+250.0%)
|
—
— – —
-100.0% YoY
|
—
— – —
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-28 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-27 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-26 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-25 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-22 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-21 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-20 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-19 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-18 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-15 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-13 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-12 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-11 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-08 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-07 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-06 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-05 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-05-04 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-30 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-29 | A- | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-28 | A- | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-27 | A- | 4/5 | 3/5 | 4/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-24 | A- | 4/5 | 3/5 | 3/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-23 | A- | 4/5 | 3/5 | 3/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-22 | A- | 4/5 | 3/5 | 3/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-21 | A- | 4/5 | 3/5 | 3/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-20 | A- | 4/5 | 3/5 | 3/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-17 | A- | 4/5 | 3/5 | 3/5 | 5/5 | 1/5 | 4/5 | 4/5 |
| 2026-04-16 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
This company is not held by any ETF in our universe.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| David Francis Nangle | Co-Founder, CEO & Director | 1M | male |
| Cathal Carroll | Investment Manager | — | male |
| Eire Smith | Principal | — | female |
| Evin McKay | Principal | — | male |
| Helena Caan Mattsson | General Counsel & Head of Sustainability | — | female |
| Kim Ståhl | Chief Financial Officer | — | male |
| Alexis Koumoudos | Chief Investment Officer | — | male |
| Shashi Shekhar Mahajan | Principal | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for VEFAB.ST
Short-term intention
Target Price Distribution
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.

MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
