We’ll cover all the numbers we track for Investor in this writeup. This will be exclusive for paid subscribers. The Net Asset Value section is available to all.
Topics for Today:
Net Asset Value
Underlying Operating Income
Today’s Valuation on Consolidated Profits vs Historically
The Dividends
Key Developments + Graphs for all subsidiaries
A little look into an interesting Outsider’ within the Portfolio
I) Net Asset Value
Investor’s Adjusted NAV reached SEK 960 billion by Q2 2025, down 1% since 2024. Below, we break down the contribution to NAV from each subsidiary.
At the end of Q2 2025, the shareprice discount to that NAV was ~12%. If you would like to know the discount right now, we recommend: IBINDEX.SE (~11% July 30th).
As of Q2, the share price traded at a ~12% discount to NAV. For a more up-to-date figure, we recommend checking ibindex.se (approx. 11% as of July 30th).
That said, regular readers know our focus isn’t primarily on the discount. Instead, we prefer to look under the hood of this conglomerate. We believe this view provides a clearer picture of where value is created—and what price you’re truly paying for the underlying businesses.