KINV-B Stock Analysis: Kinnevik Investment ser. | ST
Asset Management | ST, Sweden | Market Cap: 14.659m SEK | 12M Return: -36.2% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 64.1M
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Kinnevik AB is a Stockholm-based investment company founded in 1936, operating as a long-term lead shareholder and active board participant in its portfolio companies. The firm focuses on early to late-stage venture and growth capital, with additional indirect investments through other venture capital funds, targeting disruptive, technology-enabled consumer services in sectors such as digital consumer businesses, education, communication, e-commerce, marketplaces, entertainment, healthcare, and financial services. It invests globally with a strong emphasis on the Nordics and Europe, while also maintaining exposure to Latin America, Asia, Australia, Africa, and North America, and operates an additional office in London.
As a publicly listed investment entity, Kinnevik functions similarly to a holding or investment company, where its valuation is driven by the performance of its underlying portfolio stakes rather than standalone operational revenues. Venture capital and growth equity firms like Kinnevik typically generate returns through capital appreciation and dividends from listed holdings, with a longer investment horizon than traditional private equity.
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| Net Income: -8.28b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -0.18 > 1.0 |
| NWC/Revenue: 79.0k% < 20% (prev -235.7%; Δ 79.3k% < -1%) |
| CFO/TA -0.00 > 3% & CFO -99.0m > Net Income -8.28b |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 6.27 > 1.5 & < 3 |
| Outstanding Shares: last quarter (277.0m) vs 12m ago 0.0% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 0.03% > 50% (prev -13.39%; Δ 13.42% > 0%) |
| Interest Coverage Ratio: -120.8 > 6 (EBIT TTM -9.30b / Interest Expense TTM 77.0m) |
| A: 0.26 (Total Current Assets 9.40b - Total Current Liabilities 1.50b) / Total Assets 30.1b |
| B: 0.90 (Retained Earnings 27.0b / Total Assets 30.1b) |
| C: -0.27 (EBIT TTM -9.30b / Avg Total Assets 34.7b) |
| D: 12.62 (Book Value of Equity 27.9b / Total Liabilities 2.21b) |
| Altman-Z'' = 16.09 = AAA |
As of July 07, 2026, the stock is trading at SEK 53.68 with a total of 765,205 shares traded. Over the past week, the price has changed by +3.95%, over one month by -9.05%, over three months by +8.05% and over the past year by -36.20%.
Current recommended Stop Loss: 50.10 (which is 6.7% or 2 ATR below the current price).
Kinnevik Investment ser. has no consensus analysts rating.
P/E Forward = 588.2353
P/S = 115.0145
P/B = 0.5259
P/EG = 4.7636
Revenue TTM = 10.0m SEK
EBIT TTM = -9.30b SEK
EBITDA TTM = -9.30b SEK
Long Term Debt = 550.0m SEK (from longTermDebt, two quarters ago)
Short Term Debt = 1.50b SEK (from shortTermDebt, last quarter)
Debt = 2.06b SEK (from shortLongTermDebtTotal, last quarter)
Net Debt = -7.35b SEK (calculated: Debt 2.06b - CCE 9.40b)
Enterprise Value = 7.31b SEK (14.7b + Debt 2.06b - CCE 9.40b)
Interest Coverage Ratio = -120.8 (Ebit TTM -9.30b / Interest Expense TTM 77.0m)
EV/FCF = -34.00x (Enterprise Value 7.31b / FCF TTM -215.0m)
FCF Yield = -2.94% (FCF TTM -215.0m / Enterprise Value 7.31b)
FCF Margin = -2.15k% (FCF TTM -215.0m / Revenue TTM 10.0m)
Net Margin = -82.8k% (Net Income TTM -8.28b / Revenue TTM 10.0m)
Gross Margin = unknown ((Revenue TTM 10.0m - Cost of Revenue TTM 35.0m) / Revenue TTM)
Tobins Q-Ratio = 0.24 (Enterprise Value 7.31b / Total Assets 30.1b)
Interest Expense / Debt = 3.75% (Interest Expense 77.0m / Debt 2.06b)
Taxrate = 25.0% (non-US conservative default 25%)
NOPAT = -6.98b (EBIT -9.30b * (1 - 25.00%)) [loss with tax shield]
Current Ratio = 6.27 (Total Current Assets 9.40b / Total Current Liabilities 1.50b)
Debt / Equity = 0.07 (Debt 2.06b / totalStockholderEquity, last quarter 27.9b)
Debt / EBITDA = 0.79 (negative EBITDA) (Net Debt -7.35b / EBITDA -9.30b)
Debt / FCF = 34.18 (negative FCF - burning cash) (Net Debt -7.35b / FCF TTM -215.0m)
Total Stockholder Equity = 34.5b (last 4 quarters mean from totalStockholderEquity)
RoA = -23.84% (Net Income -8.28b / Total Assets 30.1b)
RoE = -23.97% (Net Income TTM -8.28b / Total Stockholder Equity 34.5b)
RoCE = -26.52% (EBIT -9.30b / Capital Employed (Equity 34.5b + L.T.Debt 550.0m))
RoIC = -23.16% (negative operating profit) (NOPAT -6.98b / Invested Capital 30.1b)
WACC = 8.50% (E(14.7b)/V(16.7b) * Re(9.30%) + D(2.06b)/V(16.7b) * Rd(3.75%) * (1-Tc(0.25)))
Discount Rate = 9.30% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -30.43 | Cagr: -0.74%
[DCF] Fair Price = unknown (Cash Flow -215.0m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: N/A | # QB: 0
EPS current Year (2025-12-31): EPS=1.01 | Chg30d=+0.07% | Revisions=+25% | GrowthEPS=+110.9% | GrowthRev=+1171.6%
EPS next Year (2026-12-31): EPS=5.24 | Chg30d=+5.38% | Revisions=+25% | GrowthEPS=+143.4% | GrowthRev=+0.0%