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Investor Ab Class A Shares(IVSXF US)

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ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

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IVSXF US​

Investor Ab Class A Shares — Company Profile

Investor AB (publ) operates as a prominent investment firm, strategically allocating capital to mature and mid-market buyouts, alongside growth equity opportunities. Its multifaceted approach is organized into four distinct business segments: Core Investments, Private Equity, Operating Investments, and Financial Investments. Within its Core Investments segment, the firm concentrates on the healthcare, financial services, information technology, and fintech sectors. It typically secures significant minority ownership in publicly listed enterprises, pursuing global investment prospects and actively seeking board representation. The Operating Investments arm primarily targets medium-to-large companies with headquarters in Northern Europe. Here, Investor AB aims to secure either controlling stakes or influential minority positions within its portfolio companies, considering both publicly traded and privately held entities. The Private Equity division encompasses both venture capital and buyout strategies. Through its dedicated subsidiary, Investor Growth Capital, the firm provides venture capital to companies in information technology, general technology, engineering, financial services, and healthcare, spanning Europe, the United States, and Asia. These investments range from nascent startups to businesses on the cusp of expansion, with capital commitments typically between SEK 20 million (approximately $2.94 million) and SEK 200 million (approximately $29.43 million). Investor Growth Capital acquires minority interests, anticipating an ownership duration of three to seven years. For buyouts, the firm channels capital through its EQT subsidiary, which executes buyout transactions involving mature, medium-sized companies located in Northern Europe and Greater China. Across its private equity ventures, Investor AB generally plans for an exit horizon of three to seven years and frequently takes a seat on the board of directors. Its Financial Investments involve acquiring minority stakes in various financial holdings, typically for shorter investment periods. Established in 1916, Investor AB (publ) maintains its headquarters in Stockholm, Sweden, complemented by a global network of additional offices situated in Amsterdam, Netherlands; Beijing, China; Menlo Park, California; Hong Kong, China; New York, New York; and Tokyo, Japan.

Sector
Financials
Industry
Capital Markets
Exchange
UU
CEO
Ulf Christian Cederholm
Headquarters
Stockholm, V7, SE
IPO Date
Feb 22, 2010
Employees
19,351
Website
www.investorab.com

Key Metrics

Price
$40.20
Market Cap
$123.15B
Revenue (TTM)
$25.84B
Net Income (TTM)
$30.01B
EPS (TTM)
9.76
P/E (TTM)
0.65
P/B (TTM)
0.13
Dividend Yield
1.54%
ROE (TTM)
3.06%
ROA (TTM)
2.64%
Operating Margin
123.57%
Beta
0.15

Dividends

Last Dividend
$0.43
Last Yield
0.02%

Summary

Investor AB (publ) operates as a prominent investment firm, strategically allocating capital to mature and mid-market buyouts, alongside growth equity opportunities. Its multifaceted approach is organized into four distinct business segments: Core Investments, Private Equity, Operating Investments, and Financial Investments. Within its Core Investments segment, the firm concentrates on the healthcare, financial services, information technology, and fintech sectors. It typically secures significant minority ownership in publicly listed enterprises, pursuing global investment prospects and actively seeking board representation. The Operating Investments arm primarily targets medium-to-large companies with headquarters in Northern Europe. Here, Investor AB aims to secure either controlling stakes or influential minority positions within its portfolio companies, considering both publicly traded and privately held entities. The Private Equity division encompasses both venture capital and buyout strategies. Through its dedicated subsidiary, Investor Growth Capital, the firm provides venture capital to companies in information technology, general technology, engineering, financial services, and healthcare, spanning Europe, the United States, and Asia. These investments range from nascent startups to businesses on the cusp of expansion, with capital commitments typically between SEK 20 million (approximately $2.94 million) and SEK 200 million (approximately $29.43 million). Investor Growth Capital acquires minority interests, anticipating an ownership duration of three to seven years. For buyouts, the firm channels capital through its EQT subsidiary, which executes buyout transactions involving mature, medium-sized companies located in Northern Europe and Greater China. Across its private equity ventures, Investor AB generally plans for an exit horizon of three to seven years and frequently takes a seat on the board of directors. Its Financial Investments involve acquiring minority stakes in various financial holdings, typically for shorter investment periods. Established in 1916, Investor AB (publ) maintains its headquarters in Stockholm, Sweden, complemented by a global network of additional offices situated in Amsterdam, Netherlands; Beijing, China; Menlo Park, California; Hong Kong, China; New York, New York; and Tokyo, Japan.

Website
www.investorab.com
Location
Stockholm, V7, SE
Phone46 8 61 42 000
Employees19,351
CEOUlf Christian Cederholm
Sector
Financials
Industry
Capital Markets
IPO DateFeb 22, 2010

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Latest Documents

SEC Filings(269)

Expand
  • N-PXAnnual report of proxy voting record31 Aug
  • 13F-HRQuarterly report (institutional investment manager holdings)14 Aug
  • 4Statement of changes in beneficial ownership15 Jun
  • 13F-HRQuarterly report (institutional investment manager holdings)15 May
  • 13F-HRQuarterly report (institutional investment manager holdings)17 Feb
  • 4Statement of changes in beneficial ownership13 Feb
  • 13F-HRQuarterly report (institutional investment manager holdings)14 Nov 2025
  • N-PXAnnual report of proxy voting record29 Aug 2025
  • N-PXAnnual report of proxy voting record29 Aug 2025
  • 13F-HRQuarterly report (institutional investment manager holdings)14 Aug 2025
  • 13F-HRQuarterly report (institutional investment manager holdings)15 May 2025
  • SC 13D/AERICSSON LM TELEPHONE CO4 Apr 2025
  • 13F-HRQuarterly report (institutional investment manager holdings)14 Feb 2025
  • 13F-HRQuarterly report (institutional investment manager holdings)14 Nov 2024
  • 13F-HRQuarterly report (institutional investment manager holdings)14 Aug 2024
  • SC 13DERICSSON LM TELEPHONE CO21 May 2024
  • 13F-HRQuarterly report (institutional investment manager holdings)15 May 2024
  • 13F-HRQuarterly report (institutional investment manager holdings)14 Feb 2024
  • 13F-HRQuarterly report (institutional investment manager holdings)14 Nov 2023
  • SC 13D/ANASDAQ, INC.6 Nov 2023

News

  • Marvell: Investor Day Resets The AI Growth Story8 Oct

Mentions in Filings

  • # 6.800%, 11/29/32 ...... 2,507 2,807,934 6.000%, 06/17/34 ...... 101 108,205 Eurofins Scientific SE 3.875%, 02/05/33 ...... EUR 712 854,334 JAB Holdings BV 5.000%, 06/12/33 ...... EUR 5,700 7,333,191 4.375%, 04/25/34 ...... EUR 200 245,565 2.250%, 12/19/39 ...... EUR 200 185,924 SELP Finance Sarl 3.750%, 01/16/32, MTN . EUR 1,573 1,890,963 TOTAL LUXEMBOURG .... 17,667,475 MEXICO — (0.1%) …
    Dimensional ETF TrustInvestor Ab Class A Shares·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … ffs and squeeze outs. He has served as an advisory director of Morgan Stanley from 1995 to 2005 and from 2014 to the present. Mr. Sexton was a member of the board of directors of Morgan Stanley from 2005 to 2014 and of <strong>Investor AB</strong>, a publicly traded Swedish investment company, from 2003 to 2015. He received a B.S.E. cum laude from Princeton and an M.B.A. from Stanford and is a former U.S. naval aviator and Vietnam veteran. Mr. Sexton’s broad ex …
    Hamilton Lane INCInvestor Ab Class A Shares·DEF 14A - Definitive proxy statement·Q4 26·23 Jul
  • 8 • Deep Industry Expertise. AB-PCI invests most often in companies that possess certain qualities: recurring revenue, a competitive advantage, secular growth/recovery, a diversified business model, and a strong management team, while avoiding companies that have single-points of failure and high Loss Given Default profiles. These target investment characteristics have led to AB-PCI historically investing most often in the following industries: s …
    AB Private Lending FundInvestor Ab Class A Shares·ARS - Annual report to security holders·FY25·24 Jun
  • … d currently serves as our Chairman. Mr. Tsai is a founding member of the Alibaba Partnership and a board member of our affiliate Ant Group. From 1995 to 1999, Mr. Tsai was a private equity investor based in Asia with <strong>Investor AB</strong> of Sweden’s Wallenberg family. Prior to that, he was general counsel of Rosecliff, Inc., a management buyout firm based in New York. From 1990 to 1993, Mr. Tsai was an associate attorney in the tax group of Sullivan & …
    Alibaba Group Holding LtdInvestor Ab Class A Shares·EX-99.1 - 6-K - Current report (foreign private issuer)·18 Jun·18 Jun
  • … mber 2023 and currently serves as our Chairman. Joe is a founding member of the Alibaba Partnership and a board member of our affiliate Ant Group. From 1995 to 1999, Joe was a private equity investor based in Asia with <strong>Investor AB</strong> of Sweden’s Wallenberg family. Prior to that, he was general counsel of Rosecliff, Inc., a management buyout firm based in New York. From 1990 to 1993, Mr. Tsai was an associate attorney in the tax group of Sullivan & C …
    Alibaba Group Holding LtdInvestor Ab Class A Shares·20-F - Annual report (foreign private issuer)·20 May·20 May
  • … race Reksten Skaugen, a Norwegian national, has extensive experience working with a broad array of European companies. She currently chairs Orrön Energy AB (Chair of the Compensation Committee) and is a board member of <strong>Investor AB</strong> (Chair of the Audit and Risk Committee). Ms. Skaugen is also a trustee and Honorary Treasurer of the International Institute for Strategic Studies (IISS) in London. In 2009, Ms. Skaugen co-founded the Norwegian Institut …
    PJT Partners Inc.Investor Ab Class A Shares·DEF 14A - Definitive proxy statement·Q4 25·29 Apr

Key Stats

Trading

Px/Chg 1D$40.20 / +0.00%
Prev Close$42.20
% of 52Wk H97.01%
Avg Volume431.64
Beta0.15
Mkt Cap123.15B
FD Mkt Cap129.28B

Float

Shrs Out/Float3.06B / 2.44B
Short Float0.00%
Days to Cover1.00
Stock Repurchased$0.00

Current Valuation

EV245.13B
EV/EBITDA1.26
EV/Sales1.04
P/B0.13
P/S0.52
FCF Yield9.02%
ROE3.06%
ROA2.64%
Current Ratio31.16

Dividend

Cash$0.43
Yield1.54%
Yield (TTM)1.54%

Estimates

P/E0.65
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMar '23Mar '24Mar '25Mar '26Oct '26
PRICE-BASED RATIOS
Price / Earnings1.34-0.840.600.851.994.10
Price / Sales0.94-2.540.420.561.514.77
Price / Book Value0.110.100.110.120.120.13
Price / Free Cash Flow10.115.144.435.0124.8611.08
ENTERPRISE VALUE METRICS
Enterprise Value183,255.4141,758.4147,438.8178,136.0203,812.7245,131.4
Enterprise Value / Sales1.68-5.710.801.032.799.49
Enterprise Value / EBITDA2.43-1.921.151.563.577.78
Enterprise Value / EBIT2.43-1.921.151.563.577.78

Financials

Full Financials
Millions SEK5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue-4.5%266,897.0-24,816.0183,957.0172,828.0221,857.0
Gross Income-4.8%264,794.0-27,305.0180,485.0168,909.0217,176.0
EBITDA-8.4%228,322.0-73,684.0127,686.0114,386.0160,771.7
EBIT-8.4%228,322.0-73,684.0127,686.0114,386.0160,771.7
Net Income-8.8%228,065.0-74,681.0127,045.0113,338.0157,494.0
EPS (Diluted)-8.8%74.41-24.3841.4636.9851.39
BALANCE SHEET
Cash & ST Inv4.9%18,330.013,164.018,794.017,220.022,193.0
Total Assets8.5%795,542.0724,365.0838,450.0952,090.01,102,807.0
Total Liabilities7.4%112,037.0118,712.0121,019.0132,338.0148,909.0
Total Shareholder Equity8.7%682,614.0604,865.0716,768.0819,364.0953,705.0
CASH FLOW
Net Operating Cash Flow11.7%14,256.016,609.020,966.023,582.022,164.0
Cap Ex-4.4%-3,799.0-4,368.0-3,721.0-4,420.0-3,177.0
Free Cash Flow16.1%10,457.012,241.017,245.019,162.018,987.0

Enterprise Value Bridge

Millions SEK23 Oct '26
Price (As of 23 Oct '26)40.57
Basic Shares3,063.53
Market Cap124,287.4
Diluted Shares304.84
Fully Diluted Shares Outstanding304.84
Fully Diluted Market Cap12,367.4
+Consolidated Debt127,799.5
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest284.2
+Pension Liabilities—
Enterprise Value252,371.1

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