Kinnevik B, SE0022060521

Pareto backs Kinnevik plan. Kinnevik stock trades at a 41.00 percent NAV discount

Published on 10/06/2026 at 10:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kinnevik's Q2 NAV reached SEK 29.60 billion, up 6.00 percent. Kinnevik stock costs EUR 5.57 on October 6, 2026 after EUR 5.56, plus 0.18 percent.

Modernes Glasgebäude am Stockholmer Hafen bei Dämmerung, Symbolbild für Kinnevik AB — Kinnevik AB (ISIN SE0015810247) zeigt modernes Bürogebäude am Wasser, symbolisch für schwedische Investment-Holding bei Dämmerung, Illustration mit AI erstellt.

Kinnevik (ISIN SE0022060521) was trading at EUR 5.57 at Lang & Schwarz on October 6, 2026 at 10:05 a.m. CEST, up 0.18 percent from the prior close of EUR 5.56. On September 10, 2026, MarketScreener reported that Pareto Securities continued to support Kinnevik's capital allocation plan, including SEK 1.50 billion for existing holdings and SEK 5.00 billion for new investments.

Capital allocation sets the direction

Pareto's plan is designed to shift Kinnevik toward more mature and profitable companies. The same report said the portfolio's net asset value discount stood at 41.00 percent, giving the market a clear measure of the gap between the share price and the value of the investment portfolio.

The allocation figures matter because Kinnevik remains a portfolio company rather than a conventional operating business. Capital deployment, exits and changes in the valuation of private holdings can therefore influence the stock more directly than quarterly sales growth.

Q2 NAV reached SEK 29.60 billion

In the second quarter of 2026, Kinnevik's NAV increased to SEK 29.60 billion, or SEK 107.00 per share, representing growth of 6.00 percent. Yahoo Finance published the Q2 2026 earnings call transcript on September 27, 2026, which also stated that the portfolio grew 8.00 percent during the quarter.

The transcript adds an important counterweight to the NAV increase. Kinnevik invested SEK 57.00 million in the second quarter, while management said annual cash costs are targeted at SEK 200.00 million from 2027, compared with SEK 313.00 million in 2025.

Next report arrives October 15

Kinnevik's next scheduled interim report covers the nine months through September 30, 2026. The company's investor-relations calendar lists October 15, 2026 as the reporting date, providing the next formal test of NAV development, portfolio valuations and capital allocation.

For investors, the key comparison is between the EUR 5.57 Lang & Schwarz indication and Kinnevik's SEK 107.00 Q2 NAV per share. Currency differences prevent a direct discount calculation from those two figures, but the 41.00 percent NAV discount reported by Pareto remains the central valuation reference.

Kinnevik stock stays tied to NAV

Kinnevik was trading at EUR 5.57 at Lang & Schwarz on October 6, 2026 at 10:05 a.m. CEST, up 0.18 percent versus the prior close of EUR 5.56. The further course of trading is shown by the continuously updated real-time quote of Kinnevik stock.