(KINV-B) Kinnevik Investment ser. - Ratings and Ratios

Kinnevik Investment AB ser. B is a Swedish venture capital firm with a rich history dating back to 1936. Headquartered in Stockholm, with an additional office in London, the firm has a global investment scope, focusing on regions such as Europe, particularly the Nordics, as well as Latin America, Asia, Australia, Africa, and North America. Kinneviks investment strategy is centered around digital consumer businesses, including e-commerce, marketplaces, entertainment, healthcare, and financial services, with a preference for disruptive, technology-enabled, and value-added consumer services in both developed and emerging markets.

The firms investment approach involves both direct and indirect investments, with a particular emphasis on early to late-stage venture and growth capital, as well as investments in venture capital funds. Kinnevik is known for taking an active role on the boards of its subsidiaries and associated companies, often acting as a long-term lead shareholder in large listed entities. This hands-on strategy allows the firm to drive growth and value creation in its portfolio companies.

From a technical analysis perspective, Kinneviks stock (KINV-B) is currently trading at 80.98 SEK, slightly above its 20-day simple moving average (SMA) of 80.67 SEK, indicating a potential bullish trend. The stocks 50-day SMA stands at 75.98 SEK, and its 200-day SMA is at 78.57 SEK, both of which are below the current price, further supporting the bullish outlook. The average true range (ATR) is 2.60, representing a 3.22% daily volatility. Given the current technical setup and fundamental data, including a market capitalization of 23,453.23M SEK and a forward P/E ratio of 588.24, we can forecast a potential price target for KINV-B.

Considering Kinneviks historical price movements and current technical indicators, along with its fundamental data, a potential short-term price target could be around 85-90 SEK, representing a 5-11% increase from the current price. However, this forecast is contingent upon the firms ability to continue delivering on its investment strategy and the overall market conditions. The negative return on equity (RoE) of -14.27% is a concern that needs to be monitored, as it may impact the stocks performance. Nonetheless, Kinneviks diversified investment portfolio and active management approach position the firm for potential long-term growth.