VEFABS Stock Overview

A venture capital firm specializing in early venture, emerging growth and growth capital investments. More details

VEFABS fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 68.8% below our estimate of its fair value

Risk Analysis

Shares are highly illiquid

Earnings have declined by 24% per year over past 5 years

Makes less than USD$1m in revenue ($-29M)

My Notes

Capture your thoughts, links and company narrative

VEF AB (publ) Competitors

Symphony International Holdings

LSE:SIHL

US$190.5m

Rights and Issues Investment Trust

LSE:RIII

UK£106.3m

EJF Investments

LSE:EJFI

UK£78.0m

Livermore Investments Group

AIM:LIV

UK£91.8m

Price History & Performance

Summary of share price highs, lows and changes for VEF
Historical stock prices
Current Share Price	SEK 2.56
52 Week High	SEK 0
52 Week Low	SEK 0
Beta	1.5
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	20.75%

Recent updates

Shareholder Returns

	VEFABS	GB Capital Markets	GB Market
7D	0%	4.2%	4.1%
1Y	n/a	26.9%	10.9%

Return vs Industry: Insufficient data to determine how VEFABS performed against the UK Capital Markets industry.

Return vs Market: Insufficient data to determine how VEFABS performed against the UK Market.

Price Volatility

Is VEFABS's price volatile compared to industry and market?
VEFABS volatility
VEFABS Average Weekly Movement	n/a
Capital Markets Industry Average Movement	3.9%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	11.2%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: VEFABS has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine VEFABS's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2015	2	Dave Nangle	www.vef.vc

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.

VEF AB (publ) Fundamentals Summary

How do VEF's earnings and revenue compare to its market cap?
VEFABS fundamental statistics
Market cap	SEK 2.12b
Earnings (TTM)	-SEK 449.33m
Revenue (TTM)	n/a

-7.0x

P/S Ratio

-4.7x

P/E Ratio

Is VEFABS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VEFABS income statement (TTM)
Revenue	-US$28.85m
Cost of Revenue	US$0
Gross Profit	-US$28.85m
Other Expenses	US$14.16m
Earnings	-US$43.02m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 23, 2024

Earnings per share (EPS)	-0.041
Gross Margin	100.00%
Net Profit Margin	149.09%
Debt/Equity Ratio	8.5%

How did VEFABS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/08/18 15:38
End of Day Share Price	2024/05/21 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

VEF AB (publ) is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Herman Wartoft	Pareto Securities

VEF BATS-CHIXE:VEFABS Stock Report