The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

INVE-B.ST

Concerning the House

Investor AB (publ) is a private equity firm specializing in mature, middle market, buyouts and growth capital investments. For core investments, the firm invests in health care, financial services, IT and fintech sectors, life sciences, mathematics, data, materials science, AI, quantum technology and considers investments in listed companies in leading minority positions. The firm seeks to invest globally. For its operating investments, the firm seeks to focus on medium-sized to large companies headquartered in Northern Europe. It prefers to invests in North Africa, Sub-Saharan Africa, Asia-Pacific, Channel Island, Greenland, The Faroe Islands, Finland, Iceland, Ireland, Jan Mayen, Svalbard, Sweden, Isle of Man, Estonia, Latvia, Lithuania, Great Lakes, Mountain, Latin America and Caribbean region. It seeks to invest between $200 million and $700 million. The firm considers majority or minority investments in both listed and unlisted companies. It acquires controlling interest or minority position with significant influence in its portfolio companies within operating investments. For financial investments, it acquires minority ownership in financial holdings for shorter horizon. The firm seeks to exit its private equity investments between three years and seven years. The firm seeks to take board membership in its portfolio companies. Investor AB (publ) was founded in 1916 and is based in Stockholm, Sweden.

Sweden · www.investorab.com

The Ledger
LineDec 2024Mar 2025Jun 2025Dec 2025
Revenue-$17.55B$10.67B$59.24B$71.32B
Net income-$31.70B-$3.03B$45.30B$55.40B
Diluted EPS-10.35-0.9914.7818.07
Free cash flow$3.93B$1.51B$11.78B$4.43B
CapEx-$1.80B-$871.00M-$962.00M-$728.00M
Quotation

$414.50

-3.40 (-0.8%)

52w hi$424.05
52w lo$276.77
Vol2.27M
As ofAug 13
The Verdict

Hold

Our score +0.18

Short-0.14
Medium+0.24
Long+0.70

computed 2026-08-13

By the Numbers

Investor AB (publ)

Financial Services · Asset Management

Market cap$1.27T
Enterprise value$1.39T
Trailing P/E4.84x
Forward P/E26.32x
EV / EBITDA5.10x
P / S (ttm)
Profit margin80.1%
Return on equity27.3%
Revenue growth+117.0%
Earnings growth+158.9%
Debt / equity11.59
Risk Metrics
Beta vs SPX0.27
Corr SPX0.23
Annual vol19.0%
Annual ret+19.2%
Sharpe1.01
Max DD-22.0%

Window: 504 trading days (490 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.47
Sector+0.09
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$419.00$420.15$412.65$414.502.27M
Aug 12$420.30$420.60$417.65$417.901.54M
Aug 11$422.70$423.20$419.35$419.352.03M
Aug 10$424.20$424.90$420.75$422.701.95M
Aug 7$423.80$426.50$422.05$423.702.26M