Swedish investment company holding stakes in digital consumer, healthtech and life-sciences growth companies.
Swedish investment company holding stakes in digital consumer, healthtech and life-sciences growth companies.
Has no operating sales; returns come from rising values of its holdings and from selling or floating them, with dividends a minor part. A family sphere linked to the Stenbeck family controls it through high-vote A shares, and it has been shifting toward fewer, private growth-stage holdings.
In one line: A European growth-investment holding company like a smaller Prosus.
Moat: narrow (scale, brand). Long history of early-stage bets (e.g., Zalando) gives sourcing/network advantages, but returns are portfolio-dependent.
Headquarters: Stockholm, Sweden · Founded: 1936 · Employees: 45
Size Kinnevik (KINV-A.ST) is a Sweden Financials company (Financial Conglomerates) with a market value of $2.04B, the 84th largest of 221 Sweden companies the cockpit tracks. Shares closed at SEK 77.20 on 6 Nov 2026.
Performance Over six months the shares gained 26.6%, against +2.2% for the median peer and +8.2% for the Sweden market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue grew 675.0% over the last twelve months (peer median +14.1%); the operating margin is -9,422.6% (peer median 15.1%).
Valuation It trades at 7,720.0× forward earnings against a peer median of 12.0× (most expensive of 15).
Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | SEK 93.0M | SEK 10.0M | SEK 42.0M | SEK 947M | SEK 3.55B |
| Revenue growth | — | -76% | -96% | -73% | — |
| Net income | -SEK 7.71B | -SEK 3.35B | -SEK 2.62B | -SEK 4.77B | -SEK 19.5B |
| Free cash flow | -SEK 208M | -SEK 215M | -SEK 220M | SEK 600M | SEK 3.18B |
| Capital expenditure | SEK 0 | SEK 0 | SEK 0 | SEK 0 | SEK 0 |
| Total debt | SEK 2.01B | SEK 2.00B | SEK 3.49B | SEK 3.49B | SEK 3.49B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Kinnevik KINV-A.ST | $2.04B | +27% | +675% | -9,423% | 7,720.0× | n/a |
| Investor INVE-A.ST | $133B | +16% | +2% | 158% | 65.1× | n/a |
| Prosus PRX.AS | $83.9B | -3% | +45% | 3% | 10.1× | 55.8% |
| Eqt EQT.ST | $39.2B | +1% | -18% | 59% | 22.6× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | KINV-A.ST | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +7.5% | +4.5% | 4th highest of 21 |
| 6-month return | +26.6% | +2.2% | 4th highest of 21 |
| Distance from 52-week high | -16.1% | -14.2% | 11th highest of 21 |
| Revenue growth (TTM) | +675.0% | +14.1% | highest of 17 |
| Operating margin | -9,422.6% | 15.1% | 2nd lowest of 18 |
| Forward P/E | 7,720.0× | 12.0× | most expensive of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Kinnevik KINV-A.ST | Sweden | $2.04B | +27% | +675% | -9,423% | 7,720.0× | n/a | n/a |
| Georgia Capital CGEO.L | United Kingdom | $2.03B | +20% | n/a | n/a | n/a | n/a | n/a |
| Storskogen STOR-B.ST | Sweden | $1.97B | +25% | +2% | 6% | 11.6× | n/a | n/a |
| Financiere Moncey FMONC.PA | France | $2.19B | -21% | n/a | n/a | n/a | n/a | n/a |
| Bure Equity BURE.ST | Sweden | $2.30B | +12% | -3% | 2,018% | n/a | n/a | n/a |
| IndiGrid Infrastructure Trust INDIGRID.NS | India | $1.72B | -1% | +52% | 41% | 21.4× | n/a | n/a |
| Tamburi Investment Partners TIP.MI | Italy | $1.72B | +5% | +353% | -539% | 14.0× | n/a | n/a |
| Hyperliquid Strategies PURR | United States | $2.45B | +104% | n/a | -60% | 24.0× | n/a | n/a |
| Zhejiang Provincial New Energy Investment 600032.SS | China | $2.59B | -27% | -6% | 27% | n/a | n/a | n/a |
| Yangzijiang Maritime Development 8YZ.SI | Singapore | $1.59B | -14% | +18% | 74% | 12.4× | n/a | n/a |
| Peugeot Invest PEUG.PA | France | $1.54B | -16% | -101% | n/a | 6.3× | n/a | n/a |
| Strive ASST | United States | $2.73B | +35% | +650% | -14,416% | 4.2× | n/a | n/a |
| LunR Royalties LUNR.TO | Canada | $1.46B | -28% | n/a | -53% | 311.3× | n/a | n/a |
| Hyosung 004800.KS | South Korea | $1.42B | -49% | +10% | 15% | 6.2× | n/a | n/a |
| Kyivstar KYIV | United States | $2.96B | -4% | +26% | 36% | 9.0× | n/a | n/a |
| Roko ROKO-B.ST | Sweden | $2.97B | +14% | +20% | 18% | 25.6× | n/a | n/a |
| Ratos RATO-A.ST | Sweden | $1.38B | +24% | -23% | 5% | 9.7× | n/a | n/a |
| Golub Capital BDC GBDC | United States | $3.31B | -3% | -9% | 60% | 9.9× | n/a | n/a |
| Viel & Cie VIL.PA | France | $1.25B | -1% | +6% | 15% | n/a | n/a | n/a |
| BB Biotech BION.SW | Switzerland | $3.45B | +13% | +125% | 491% | 20.0× | n/a | n/a |
| Next Generation Technology 319A.T | Japan | $1.17B | +55% | +35% | 13% | n/a | n/a | n/a |