Added to YB: 2026-07-10
Pitch date: 2026-07-08
INVE-B.ST [neutral]
Investor AB (publ)
+0.18%
current return
Author Info
No bio for this author
Company Info
Investor AB (publ) is a private equity firm specializing in mature, middle market, buyouts and growth capital investments.
Market Cap
SEK 1.2T
Pitch Price
SEK 390.00
Price Target
N/A
Dividend
1.43%
EV/EBITDA
6.46
P/E
6.30
EV/Sales
5.11
Sector
Financial Services
Category
value
Investor - NAV discount gone
INVE-B.ST (overview): Europe's premier holding co, +22% YTD 2026, now at 24x EV/NOPAT & just 1% NAV discount (vs decade-low levels) after multiple expansion drove 21% CAGR vs 15% fundamentals. Author sees no more re-rating tailwind; base case assumes 21x multiple, 16% ROIIC, ~2% valuation headwind/yr. Ultra-conservative 1.2% net debt/NAV = untapped optionality. TSR-linked comp praised. Downside: no NAV cushion if ABB/EQT/Atlas fall. Prefers MBB for opportunistic upside.
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