Linc AB (LINC) AI Stock Analysis

Linc AB

(Nasdaq OMX AB:LINC)

Select Model

Rating:55Neutral

Price Target:SEK 70.00▼(-1.13% Downside)

Action:reiterated

Date:10/27/26

The strong, debt-free balance sheet is the primary positive factor, but negative cash flow and inconsistent profitability weigh heavily on the score. Technical signals are mixed to weak, while the high P/E further limits the investment case.

Positive Factors

Debt-free balance sheetA debt-free structure materially reduces refinancing and interest-burden risk, preserving flexibility through earnings volatility. It also gives Linc greater capacity to support portfolio companies, pursue investments, and absorb periods of weaker cash generation without relying on external leverage.

Negative Factors

Highly volatile earningsLarge swings between losses and profits make reported earnings difficult to treat as a stable measure of underlying performance. The volatility can complicate planning, reduce confidence in recurring earnings power, and make future shareholder returns more dependent on investment outcomes.

Linc AB (LINC) vs. iShares MSCI Sweden ETF (EWD)

Market Cap: SEK 4.10B
Dividend Yield: ―
Average Volume (3M): 38.11K
Price to Earnings (P/E): 56.6
Beta (1Y): 0.65
Revenue Growth: 7.98%
EPS Growth: ―
Country: Sweden
Employees: 2
Sector: Financial
Sector Strength: 68
Industry: Asset Management

Linc AB Business Overview & Revenue Model

Company Description

Linc AB operates as a private equity and venture capital firm, dedicating its investments to the pharmaceutical, life sciences, and med-tech sectors across early, mid, and late venture stages. The firm prioritizes investment opportunities within Nord...

Linc AB Financial Statement Overview

Summary

The debt-free balance sheet is exceptionally strong, but negative TTM operating and free cash flow, negative gross profit, declining revenue, and historically volatile earnings materially weaken financial quality.

Income Statement

58Neutral

Balance Sheet

92Very Positive

Cash Flow

25Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.94M	9.70M	0	3.65M	2.37M	4.14M
Gross Profit	-1.55M	6.29M	-7.88M	-1.89M	-2.66M	-2.44M
EBITDA	73.48M	-406.77M	1.30B	666.10M	-895.91M	-36.93M
Net Income	72.54M	-399.65M	1.30B	619.46M	-723.34M	-30.03M
Balance Sheet
Total Assets	4.59B	4.44B	4.84B	3.53B	2.91B	3.76B
Cash, Cash Equivalents and Short-Term Investments	65.59M	283.98M	549.66M	519.98M	600.55M	828.69M
Total Debt	0	0	0	0	0	0
Total Liabilities	3.52M	11.62M	8.76M	2.92M	2.85M	130.48M
Stockholders Equity	4.59B	4.43B	4.83B	3.53B	2.91B	3.63B
Cash Flow
Free Cash Flow	-11.57M	-265.68M	29.68M	-80.57M	-228.15M	-353.84M
Operating Cash Flow	-11.57M	4.25M	29.68M	-80.57M	-228.15M	-353.84M
Investing Cash Flow	-189.50M	-181.93M	0	0	-199.75M	-339.45M
Financing Cash Flow	-93.68M	-88.00M	0	0	-5.00M	1.16B

Linc AB Technical Analysis

Technical Analysis SentimentPositive

Last Price70.80

Price Trends

50DMA70.19Positive

100DMA71.28Negative

200DMA70.54Positive

Market Momentum

MACD0.11Negative

RSI59.81Neutral

STOCH76.95Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:LINC, the sentiment is Positive. The current price of 70.80 is above the 20-day moving average (MA) of 68.02, above the 50-day MA of 70.19, and above the 200-day MA of 70.54, indicating a bullish trend. The MACD of 0.11 indicates Negative momentum. The RSI at 59.81 is Neutral, neither overbought nor oversold. The STOCH value of 76.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:LINC.

Linc AB Peers Comparison

Overall Rating

UnderperformOutperform

Sector (68)

Financial Indicators

SE:LINC against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SE:SVOL.B	75Outperform	SEK 6.56B	15.63	7.21%	2.18%	1359.94%	4701.57%
SE:ORES	74Outperform	SEK 6.70B	5.32	―	5.02%	-8.09%	220.60%
SE:CRED.A	72Outperform	SEK 11.26B	5.75	16.53%	1.93%	6.97%	50.85%
Sector *	68Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
SE:LINC	55Neutral	SEK 4.10B	56.64	1.63%	―	7.98%	―
SE:NAXS	54Neutral	SEK 355.01M	8.00	―	52.33%	-100.00%	―
SE:VEFAB	45Neutral	SEK 1.77B	55.95	―	―	―	―

* Financial Sector Average

Performance Comparison

SE:LINC and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SE:LINC	Linc AB	70.80	-1.50	-2.07%
SE:CRED.A	Creades AB Class A	82.95	9.18	12.45%
SE:SVOL.B	Svolder AB Class B	62.05	7.61	13.97%
SE:NAXS	NAXS AB	34.40	-3.52	-9.27%
SE:ORES	Investment AB Oresund	147.40	36.02	32.34%
SE:VEFAB	VEF AB	1.70	-0.52	-23.33%

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.

Date of analysis: Oct 27, 2026

Linc AB AI Stock Analysis