Kinnevik AB (KINV.B) AI Stock Analysis

• Market Cap: kr23.97B
• Dividend Yield: N/A
• Average Volume (3M): 959.46K
• Price to Earnings (P/E): 194.0
• Beta (1Y): 1.30
• Revenue Growth: -97.64%
• EPS Growth: N/A
• Country: SE
• Employees: 47
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Asset Management
• EPS (TTM): 2.67
• Shares Outstanding: 243,219,760
• 10 Day Avg. Volume: 1,352,625
• 30 Day Avg. Volume: 959,459
• PEG Ratio: 0.18
• Price to Book (P/B): 0.53
• Price to Sales (P/S): 495.29
• P/FCF Ratio: -94.55
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: kr112.00
• Price Target Upside: 30.54% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: ―

Kinnevik AB's stock score reflects significant challenges in financial performance, primarily due to declining revenue and profitability. The company's strong balance sheet and lack of debt are positives but don't fully offset the negative income trends. Technical analysis suggests positive momentum, yet the high stochastic value warns of overbought conditions. The negative P/E ratio and absence of a dividend yield further weigh down the valuation aspect.

Kinnevik AB Business Overview & Revenue Model

Company Description

Kinnevik AB formerly known as Investment AB Kinnevik, is a venture capital firm specializing in investments in growth capital. It prefers to invest in digital consumer business, education, communication, e-commerce and marketplaces, entertainment, healthcare, and financial services but may also invest in other areas. The firm invests worldwide, especially in Europe with a focus on the Nordics, Latin America, Asia, Australia, Africa, and North America. The firm looks for disruptive, technology-enabled and value-added consumer services in developed and emerging markets. It takes an active role on the boards of its subsidiaries and associated companies. It acts as a long-term lead shareholder in large listed entities. Kinnevik AB was founded in 1936 and is based in Stockholm, Sweden.

How the Company Makes Money

Kinnevik AB generates revenue primarily through its strategic investments in digital consumer businesses. The company acquires equity stakes in promising startups and established firms, focusing on sectors with significant growth potential, such as e-commerce, fintech, and online healthcare. Kinnevik earns returns on its investments through capital appreciation as the value of its portfolio companies increases. Additionally, the company may realize profits by selling its stakes in these companies at a higher price than the initial investment. Dividends from profitable companies within its portfolio also contribute to Kinnevik's earnings. The firm's strong network and expertise in the digital consumer sector enhance its ability to identify and support high-potential investments, which is a significant factor contributing to its financial success.

Kinnevik AB Financial Statement Overview

Summary

Kinnevik AB's financial performance presents a mixed picture. The income statement reveals substantial challenges with declining revenue and profitability, while the balance sheet remains strong with a high equity ratio and no debt. Cash flow management needs attention due to recent negative free cash flow, although the company holds a healthy cash position. Strategic adjustments may be required to enhance revenue generation and profitability.

Income Statement

The company has experienced significant volatility in its revenue, with a noticeable shift to negative revenue in the recent years. Gross profit and net income margins are also negative, indicating challenges in profitability. Revenue growth rate has been negative, reflecting declining business performance.

Balance Sheet

The balance sheet showcases a strong equity position with a high equity ratio, indicating a robust financial foundation. The company has no debt in the latest period, which reduces financial risk. However, the significant decline in total assets suggests potential asset management issues.

Cash Flow

Cash flow from operations has declined, but the company maintains a solid cash position. The free cash flow has turned negative in the latest period, which could impact future investment capabilities. The company has managed investing and financing activities effectively in the past.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	-2.36B	-2.55B	-4.67B	-19.45B	14.84B	41.53B
Gross Profit	-2.52B	-2.60B	-4.72B	-19.50B	14.80B	41.53B
EBITDA	-2.53B	-2.62B	-4.77B	-19.52B	14.78B	41.13B
Net Income	-2.53B	-2.62B	-4.77B	-19.52B	14.78B	40.27B
Balance Sheet
Total Assets	40.07B	44.11B	53.51B	57.73B	78.59B	115.75B
Cash, Cash Equivalents and Short-Term Investments	11.56B	14.62B	2.37B	13.85B	10.54B	3.71B
Total Debt	2.06B	3.49B	3.49B	3.49B	4.69B	2.89B
Total Liabilities	3.27B	4.91B	5.35B	4.82B	6.20B	4.08B
Stockholders Equity	36.80B	39.20B	48.16B	52.91B	72.39B	111.67B
Cash Flow
Free Cash Flow	-284.00M	-220.00M	600.00M	3.18B	1.31B	1.33B
Operating Cash Flow	-284.00M	-220.00M	600.00M	3.18B	1.31B	1.33B
Investing Cash Flow	-3.36B	8.87B	-2.84B	1.38B	-215.00M	6.21B
Financing Cash Flow	-7.87B	-6.37B	0.00	-1.21B	1.86B	-3.84B

Kinnevik AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 85.80
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:KINV.B, the sentiment is Positive. The current price of 85.8 is above the 20-day moving average (MA) of 84.39, above the 50-day MA of 84.66, and above the 200-day MA of 82.66, indicating a bullish trend. The MACD of -1.23 indicates Positive momentum. The RSI at 55.42 is Neutral, neither overbought nor oversold. The STOCH value of 58.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:KINV.B.

Kinnevik AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ORES	74 Outperform	kr5.50B	13.89	―	6.42%	-0.22%	-58.80%
CRED.A	74 Outperform	kr10.08B	7.77	12.47%	2.21%	4.72%	-38.28%
RATO.B	70 Neutral	kr12.24B	14.61	6.59%	3.80%	-22.65%	-14.05%
SVOL.B	64 Neutral	€5.81B	660.12	0.16%	0.83%	-96.46%	-99.03%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
KINV.B	59 Neutral	kr23.97B	193.97	0.33%	―	-97.64%	―
BURE	58 Neutral	€19.86B	-6.85	-23.18%	1.11%	22.38%	-153.85%