Sofina stock trades 1.56 percent above Xetra close at EUR 261.00

Published on 10/21/2026 at 10:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NAV per share was EUR 326.48 on June 30, 2026. Sofina stock costs EUR 261.00 on October 21, 2026 versus EUR 257.00 Xetra close.

NAV discount shapes valuation

Sofina's NAV per share reached EUR 326.48 on June 30, 2026.
Portfolio value creation reached 8.00 percent in the first half of 2026.
Sofina stock trades at EUR 261.00 at 10:17 a.m. CEST at Lang & Schwarz on October 21, 2026, 1.56 percent above the Xetra close of October 20, 2026.
Annual 2026 earnings are scheduled for March 22, 2027.

Schwarzweißes Reportagefoto von Fondsmanagern in einer Sitzung mit Diagrammen — Sofina S.A. (BE0003717312) illustriert dokumentarisch Fondsmanager bei Besprechung von Portfolio-Charts in Schwarzweiß, Illustration mit AI erstellt.

Sofina (BE0003717312) traded at EUR 261.00 at Lang & Schwarz on October 21, 2026 at 10:17 a.m. CEST, 1.56 percent above the Xetra close of October 20, 2026 at EUR 257.00. The holding company's latest reported NAV per share was EUR 326.48 at June 30, 2026, according to Sofina.

The valuation gap remains the central stock question. At EUR 261.00, the share price sits 20.06 percent below the June 30 NAV per share. MarketScreener lists an average target of EUR 301.00 from four analysts, which is 15.33 percent above the current Lang & Schwarz price.

What does the NAV gap mean?

The discount reflects the difference between Sofina's listed share price and the value assigned to its direct investments and private funds. The investor page reports NAV of EUR 11.5 billion at June 30, 2026, with Sofina Direct and Private Funds each representing 50 percent of the portfolio, according to Sofina. Management's half-year call also put portfolio value creation at 8.00 percent in the first half of 2026, while loan to value stood at 1.90 percent, according to Yahoo Finance.

Three dates explain the setup

On June 30, 2026, Sofina reported NAV of EUR 326.48 per share. On September 3, 2026, its half-year results showed consolidated net income of EUR 857 million, compared with a EUR 394 million loss in the first half of 2025, according to Stock Sentinel. On October 16, 2026, CVC was reported to be in talks to combine Panzani and Sofina-backed Cerealis into a EUR 1.8 billion food group, according to MarketScreener.

Upcoming reporting date

Sofina's next identified reporting date is March 22, 2027, when the company is scheduled to release annual 2026 earnings, according to MarketScreener.

Discount remains the key stock measure

Sofina is listed on Euronext Brussels under ticker 8FS and ISIN BE0003717312, according to Global Banking and Finance Review. The current discount to NAV leaves the market balancing stronger portfolio value creation against the liquidity and valuation risks attached to private assets.

Sofina was trading at EUR 261.00 at Lang & Schwarz on October 21, 2026 at 10:17 a.m. CEST, 1.56 percent above the Xetra close of October 20, 2026 at EUR 257.00. The further course of trading is shown by the continuously updated real-time quote of Sofina stock.