Kinnevik AB

BATS-CHIXE:KINVBs Stock Report

Market Cap: SEK 21.3b

Kinnevik Valuation

Is KINVBs undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of KINVBs when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate KINVBs's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate KINVBs's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KINVBs?

Key metric: As KINVBs is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for KINVBs. This is calculated by dividing KINVBs's market cap by their current book value.
What is KINVBs's PB Ratio?
PB Ratio0.6x
BookSEK 37.40b
Market CapSEK 21.34b

Price to Book Ratio vs Peers

How does KINVBs's PB Ratio compare to its peers?

The above table shows the PB ratio for KINVBs vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average0.8x
CLDN Caledonia Investments
0.6xn/aUK£1.8b
MNG M&G
1.3x28.5%UK£4.7b
HICL HICL Infrastructure
0.8xn/aUK£2.4b
OSB OSB Group
0.7x-3.8%UK£1.4b
KINVBs Kinnevik
0.6x102.2%SEK 21.3b

Price-To-Book vs Peers: KINVBs is good value based on its Price-To-Book Ratio (0.6x) compared to the peer average (0.8x).

Price to Book Ratio vs Industry

How does KINVBs's PB Ratio compare vs other companies in the GB Diversified Financial Industry?

4 CompaniesPrice / BookEstimated GrowthMarket Cap
NBS Nationwide Building Society
0.07xn/aUS$1.51b
CIN City of London Group
0.3xn/aUS$14.23m
ORCH Orchard Funding Group
0.3xn/aUS$6.82m
VCAP Vector Capital
0.2xn/aUS$5.97m
No more companies available in this PB range
No. of Companies4PB01.63.24.86.48+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: KINVBs is good value based on its Price-To-Book Ratio (0.6x) compared to the UK Diversified Financial industry average (1.3x).

Price to Book Ratio vs Fair Ratio

What is KINVBs's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KINVBs PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.6x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate KINVBs's Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst KINVBs forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
SEK 99.83
0%
12.0%SEK 120.00SEK 81.00n/a6
Nov ’25SEK 73.13
SEK 103.00
+40.8%
8.4%SEK 120.00SEK 94.00n/a6
Oct ’25SEK 82.28
SEK 107.50
+30.7%
10.6%SEK 130.00SEK 94.00n/a6
Sep ’25n/a
SEK 107.50
0%
10.6%SEK 130.00SEK 94.00n/a6
Aug ’25n/a
SEK 107.50
0%
10.6%SEK 130.00SEK 94.00n/a6
Jul ’25SEK 87.55
SEK 125.36
+43.2%
14.1%SEK 154.00SEK 104.00n/a6
Jun ’25n/a
SEK 139.00
0%
14.0%SEK 165.00SEK 114.00n/a6
May ’25n/a
SEK 136.50
0%
12.2%SEK 165.00SEK 114.00n/a6
Apr ’25n/a
SEK 138.80
0%
13.0%SEK 165.00SEK 114.00n/a5
Mar ’25SEK 106.73
SEK 138.80
+30.1%
13.0%SEK 165.00SEK 114.00n/a5
Feb ’25n/a
SEK 140.00
0%
14.8%SEK 165.00SEK 110.00n/a5
Jan ’25n/a
SEK 132.40
0%
17.8%SEK 165.00SEK 107.00n/a5
Dec ’24n/a
SEK 132.40
0%
17.8%SEK 165.00SEK 107.00n/a5
Nov ’24n/a
SEK 144.20
0%
21.0%SEK 180.00SEK 107.00SEK 73.135
Oct ’24n/a
SEK 171.60
0%
14.7%SEK 215.00SEK 145.00SEK 82.285
Sep ’24n/a
SEK 171.60
0%
14.7%SEK 215.00SEK 145.00n/a5
Aug ’24n/a
SEK 171.60
0%
14.7%SEK 215.00SEK 145.00n/a5
Jul ’24n/a
SEK 170.40
0%
14.9%SEK 215.00SEK 145.00SEK 87.555
Jun ’24SEK 153.28
SEK 176.33
+15.0%
15.1%SEK 215.00SEK 145.00n/a6
May ’24n/a
SEK 176.33
0%
15.1%SEK 215.00SEK 145.00n/a6
Apr ’24SEK 150.45
SEK 173.33
+15.2%
14.2%SEK 205.00SEK 144.00n/a6
Mar ’24SEK 153.40
SEK 173.33
+13.0%
14.2%SEK 205.00SEK 144.00SEK 106.736
Feb ’24SEK 163.65
SEK 170.20
+4.0%
16.0%SEK 210.00SEK 137.00n/a5
Jan ’24n/a
SEK 170.20
0%
16.0%SEK 210.00SEK 137.00n/a5
Dec ’23SEK 165.10
SEK 174.20
+5.5%
17.8%SEK 210.00SEK 137.00n/a5
Nov ’23n/a
SEK 174.80
0%
17.4%SEK 210.00SEK 140.00n/a5

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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