Kinnevik AB

OM:KINV B Stock Report

Market Cap: SEK 26.1b

Kinnevik Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 KINV B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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

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

Key Valuation Metric

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

Key metric: As KINV B 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 KINV B. This is calculated by dividing KINV B's market cap by their current book value.
What is KINV B's PB Ratio?
PB Ratio0.7x
BookSEK 39.20b
Market CapSEK 26.10b

Price to Book Ratio vs Peers

How does KINV B's PB Ratio compare to its peers?

The above table shows the PB ratio for KINV B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.1x
CRED A Creades
1.1xn/aSEK 11.0b
LUND B L E Lundbergföretagen
1.2xn/aSEK 136.4b
SVOL B Svolder
1.1xn/aSEK 5.9b
ORES Investment AB Öresund
1.1xn/aSEK 5.1b
KINV B Kinnevik
0.7x110.8%SEK 26.1b

Price-To-Book vs Peers: KINV B is good value based on its Price-To-Book Ratio (0.7x) compared to the peer average (1.1x).

Price to Book Ratio vs Industry

How does KINV B's PB Ratio compare vs other companies in the European Diversified Financial Industry?

7 CompaniesPrice / BookEstimated GrowthMarket Cap
KINV B 0.7xIndustry Avg. 1.1xNo. of Companies19PB00.81.62.43.24+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: KINV B is good value based on its Price-To-Book Ratio (0.7x) compared to the European Diversified Financial industry average (1.1x).

Price to Book Ratio vs Fair Ratio

What is KINV B'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.

KINV B PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.7x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate KINV B'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 KINV B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 92.19
SEK 109.33
+18.6%
11.9%SEK 135.00SEK 94.00n/a6
Feb ’26SEK 87.80
SEK 104.50
+19.0%
14.5%SEK 130.00SEK 81.00n/a6
Jan ’26SEK 73.74
SEK 101.50
+37.6%
14.8%SEK 130.00SEK 81.00n/a6
Dec ’25SEK 75.79
SEK 99.83
+31.7%
12.0%SEK 120.00SEK 81.00n/a6
Nov ’25SEK 75.70
SEK 103.00
+36.1%
8.4%SEK 120.00SEK 94.00n/a6
Oct ’25SEK 81.30
SEK 107.50
+32.2%
10.6%SEK 130.00SEK 94.00n/a6
Sep ’25SEK 81.57
SEK 107.50
+31.8%
10.6%SEK 130.00SEK 94.00n/a6
Aug ’25SEK 88.04
SEK 107.50
+22.1%
10.6%SEK 130.00SEK 94.00n/a6
Jul ’25SEK 88.80
SEK 125.36
+41.2%
14.1%SEK 154.00SEK 104.00n/a6
Jun ’25SEK 121.45
SEK 139.00
+14.5%
14.0%SEK 165.00SEK 114.00n/a6
May ’25SEK 116.50
SEK 136.50
+17.2%
12.2%SEK 165.00SEK 114.00n/a6
Apr ’25SEK 119.95
SEK 138.80
+15.7%
13.0%SEK 165.00SEK 114.00n/a5
Mar ’25SEK 108.10
SEK 138.80
+28.4%
13.0%SEK 165.00SEK 114.00n/a5
Feb ’25SEK 103.60
SEK 140.00
+35.1%
14.8%SEK 165.00SEK 110.00SEK 87.805
Jan ’25SEK 108.10
SEK 132.40
+22.5%
17.8%SEK 165.00SEK 107.00SEK 73.745
Dec ’24SEK 97.94
SEK 132.40
+35.2%
17.8%SEK 165.00SEK 107.00SEK 75.795
Nov ’24SEK 94.46
SEK 144.20
+52.7%
21.0%SEK 180.00SEK 107.00SEK 75.705
Oct ’24SEK 109.20
SEK 171.60
+57.1%
14.7%SEK 215.00SEK 145.00SEK 81.305
Sep ’24SEK 126.20
SEK 171.60
+36.0%
14.7%SEK 215.00SEK 145.00SEK 81.575
Aug ’24SEK 141.75
SEK 171.60
+21.1%
14.7%SEK 215.00SEK 145.00SEK 88.045
Jul ’24SEK 149.40
SEK 170.40
+14.1%
14.9%SEK 215.00SEK 145.00SEK 88.805
Jun ’24SEK 156.25
SEK 176.33
+12.9%
15.1%SEK 215.00SEK 145.00SEK 121.456
May ’24SEK 167.85
SEK 176.33
+5.1%
15.1%SEK 215.00SEK 145.00SEK 116.506
Apr ’24SEK 154.50
SEK 173.33
+12.2%
14.2%SEK 205.00SEK 144.00SEK 119.956
Mar ’24SEK 152.70
SEK 173.33
+13.5%
14.2%SEK 205.00SEK 144.00SEK 108.106
Feb ’24SEK 163.55
SEK 170.20
+4.1%
16.0%SEK 210.00SEK 137.00SEK 103.605
Analyst Price Target
Consensus Narrative from 6 Analysts
SEK 109.33
Fair Value
15.7% undervalued intrinsic discount
6
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/15 23:54
End of Day Share Price 2025/02/14 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Kinnevik AB is covered by 16 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.

AnalystInstitution
Adonis CaticABG Sundal Collier
Pierre-Yves GauthierAlphaValue
Philip MiddletonBofA Global Research