Kinnevik AB logo

Kinnevik AB

KINV-A.ST
Financial - Conglomerates · Financial Services
Price
kr 71.50
-1.20 (-1.65%)
Market Cap
kr 19.80B
Exchange
Stockholm Stock Exchange
Winston Score
Winston looking sleepy
No score yet — Winston is napping.
We couldn’t gather enough financial data to score this stock reliably.

Kinnevik AB is a Swedish investment company that owns stakes in other businesses rather than selling products itself. It focuses on technology-driven companies in sectors like healthcare, financial services, and consumer internet. Some of its well-known holdings have included companies like Zalando, Babylon Health, and Budbee, and it targets businesses that are disrupting traditional industries across Europe and beyond.

Kinnevik makes money when the value of its portfolio companies rises, and it earns returns by selling stakes over time — a model called private and growth equity investing. It is headquartered in Stockholm and is one of Sweden's oldest and most prominent investment firms, giving it strong deal access and a long track record of backing early-stage European tech companies. The main risk is that many of its portfolio companies are unprofitable growth businesses, meaning a downturn in investor appetite for high-growth tech can sharply reduce the value of its holdings.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-164.6% YoY

YoY Growth Rate

Revenue declining

EPS Growth

-162.5% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$0/ year

0.0% of revenue

Below sector average (7%)

Research and development spending

Insider Activity

78.8%ownership

Insiders own a meaningful stake in the company

Cash Runway

5+ years

$596M cash & investments at current burn rate

Winston looking concerned
Revenue declining

Kinnevik AB's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
100.1%
Premium pricing power — 100.1% gross margin
Operating Margin
100.1%
Excellent — 100.1% operating margin
ROCE
-26.6%
Weak — -26.6% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
N/A
Data not available
EPS YoY
N/A
Data not available
EPS Consistency
4/8 quarters
Earnings inconsistent quarter-to-quarter

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
N/A
Data not available
FCF Margin
N/A
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
0.07
Conservative — low debt load (0.07)
Interest Cover
N/A
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio
N/M
Negative earnings — P/E not meaningful
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial