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Kinnevik AB Class A
(KINV.A)
Select Model
Select Model
Rating:59Neutral
Price Target:
kr76.00
▼(-8.32% Downside)
Action:Reiterated
Date:09/10/26
The score is held back primarily by weak and volatile fundamentals (recent large losses and negative operating/free cash flow), partially cushioned by a conservative balance sheet with low leverage. Technicals are supportive (price above key moving averages and positive MACD), but valuation remains pressured due to losses (negative P/E) and no provided dividend yield.
Positive Factors
Active long-term investment model
An active ownership model can create value beyond passive holdings by supporting portfolio development and reallocating capital over time. Exposure to healthcare services, software, marketplaces, and online consumer services also provides access to several long-term digital growth themes.
Negative Factors
Persistent and volatile losses
The recurring scale of recent losses shows that earnings power is not currently consistent. Continued dependence on volatile investment results makes it harder to fund operations from internally generated profits and may constrain the company’s ability to compound capital predictably.
Read all positive and negative factors
Positive Factors
Negative Factors
Active long-term investment model
An active ownership model can create value beyond passive holdings by supporting portfolio development and reallocating capital over time. Exposure to healthcare services, software, marketplaces, and online consumer services also provides access to several long-term digital growth themes.
Read all positive factors
Kinnevik AB Class A (KINV.A) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr16.90B
Dividend Yield18.69%
Average Volume (3M)11.82K
Price to Earnings (P/E)―
Beta (1Y)0.83
Revenue Growth400.00%
EPS Growth-184.07%
CountrySE
Employees45
SectorFinancial
Sector Strength70
IndustryFinancial - Conglomerates
Share Statistics
EPS (TTM)-25.94
Shares Outstanding33,752,914
10 Day Avg. Volume9,475
30 Day Avg. Volume11,818
Financial Highlights & Ratios
PEG Ratio-0.23
Price to Book (P/B)0.65
Price to Sales (P/S)2317.71
P/FCF Ratio-107.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)5.24
Revenue Forecast (FY)kr716.02M
Kinnevik AB Class A Business Overview & Revenue Model
Company Description
Kinnevik AB, formerly known as Investment AB Kinnevik, operates as a venture capital firm dedicated to growth-stage investments. It primarily targets digital consumer enterprises, educational platforms, communication services, e-commerce ventures,...
How the Company Makes Money
Kinnevik does not primarily generate revenue by selling products or services itself; instead, it makes money through investment returns from its portfolio. Key value and cash-generation mechanisms include: (1) Capital gains and changes in fair val...
Kinnevik AB Class A Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
74
Positive
Cash Flow
42
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -6.21B | 10.00M | -2.55B | -4.67B | -19.45B | 14.84B |
| Gross Profit | -6.25B | -4.24B | -2.60B | -4.72B | -19.50B | 14.80B |
| EBITDA | -8.39B | -4.55B | -2.62B | -4.77B | -19.52B | 14.78B |
| Net Income | -7.19B | -3.35B | -2.62B | -4.77B | -19.52B | 14.78B |
Balance Sheet | ||||||
| Total Assets | 31.84B | 38.12B | 44.11B | 53.51B | 57.73B | 78.59B |
| Cash, Cash Equivalents and Short-Term Investments | 9.36B | 10.39B | 14.62B | 2.37B | 13.85B | 10.54B |
| Total Debt | 2.06B | 2.00B | 3.49B | 3.49B | 3.49B | 4.69B |
| Total Liabilities | 2.22B | 2.25B | 4.91B | 5.35B | 4.82B | 6.20B |
| Stockholders Equity | 29.62B | 35.87B | 39.20B | 48.16B | 52.91B | 72.39B |
Cash Flow | ||||||
| Free Cash Flow | -138.00M | -215.00M | -220.00M | 600.00M | 3.18B | 1.31B |
| Operating Cash Flow | -138.00M | -215.00M | -220.00M | 600.00M | 3.18B | 1.31B |
| Investing Cash Flow | -2.21B | -2.65B | 8.87B | -2.84B | 1.38B | -215.00M |
| Financing Cash Flow | 0.00 | -1.50B | -6.37B | 0.00 | -1.21B | 1.86B |
Kinnevik AB Class A Technical Analysis
Positive
82.90
Price Trends
64.77
Positive
65.62
Positive
69.58
Positive
Market Momentum
1.80
Negative
55.75
Neutral
49.30
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:KINV.A, the sentiment is Positive. The current price of 82.9 is above the 20-day moving average (MA) of 67.20, above the 50-day MA of 64.77, and above the 200-day MA of 69.58, indicating a bullish trend. The MACD of 1.80 indicates Negative momentum. The RSI at 55.75 is Neutral, neither overbought nor oversold. The STOCH value of 49.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:KINV.A.
Kinnevik AB Class A Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | kr18.39B | 16.03 | 5.47% | 1.01% | 1.34% | 17.47% | |
61 Neutral | kr23.09B | 4.52 | 24.04% | 0.90% | -3.49% | ― | |
59 Neutral | kr16.90B | -2.34 | -21.95% | 18.69% | 400.00% | -184.07% | |
58 Neutral | kr6.15B | -79.11 | -1.33% | 2.34% | 78.30% | 62.60% | |
49 Neutral | kr2.40B | -1.88 | -25.72% | 35.34% | -29.17% | -2541.25% | |
46 Neutral | kr1.60B | -10.56 | -8.17% | 4.96% | -33.39% | -187.36% |
* Financial Sector Average
SE:KINV.A
Kinnevik AB Class A
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-20.37%
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.