Sofina stock trades at EUR 258.80 as NAV per share reaches EUR 326.48

Published on 10/19/2026 at 09:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

H1 2026 net income reached EUR 857 million, versus a EUR 394 million loss. Sofina stock costs EUR 258.80 on October 19, 2026.

Net income and NAV define valuation

Sofina reported EUR 857 million in net income for the first half of 2026.
NAV per share stood at EUR 326.48 on June 30, 2026.
Sofina stock trades at EUR 258.80 at 9:36 a.m. CEST at Lang & Schwarz on October 19, 2026.
Four analysts tracked by Makkler set an average 12-month target of EUR 301.00 on October 14, 2026.

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 stock (ISIN BE0003717312) was trading at EUR 258.80 at Lang & Schwarz at 9:36 a.m. CEST on October 19, 2026. The valuation case rests on a net asset value per share of EUR 326.48 at June 30, 2026, while first-half net income reached EUR 857 million.

The latest market context is Sofina's discount to the value of its investment portfolio. The investor-relations page states that net asset value totaled EUR 11.5 billion on June 30, 2026, with direct investments and private funds each accounting for 50 percent of the portfolio, according to Sofina.

What does the NAV mean?

The reported NAV gives investors a reference point for the holding company's listed price. At EUR 326.48 per share, it was EUR 67.68 above the Lang & Schwarz price of EUR 258.80 on October 19, 2026. The comparison uses figures from different moments in the trading day and the June 30 reporting date, so it describes valuation rather than a trading return.

Three dated Sofina developments

On September 3, 2026, Sofina published half-year results for the six months ended June 30, reporting EUR 857 million of consolidated net income versus a EUR 394 million loss in the first half of 2025, according to StockSentinel. On October 8, 2026, the same research report put the share's valuation at a 25.3 percent discount to NAV. On October 16, 2026, CVC was reported to be in talks to merge a pasta business with a Sofina-backed cereal company, according to Marketscreener.

Analyst target remains higher

Four analysts tracked by Makkler had an average 12-month target of EUR 301.00 on October 14, 2026, with a low of EUR 275.00 and a high of EUR 315.00. That target sits EUR 42.20 above the Lang & Schwarz price, but the gap does not represent a guaranteed return.

Price and valuation

Sofina was trading at EUR 258.80 at Lang & Schwarz on October 19, 2026 at 9:36 a.m. CEST. Its primary listing is Euronext Brussels, and the company's investment portfolio was valued at EUR 11.5 billion at June 30, 2026. The further course of trading is shown by the continuously updated real-time quote of Sofina stock.