Industrivarden AB ser. A

INDU-A · ST · Financial Services / Asset Management

543.00SEK-5.50 (-1.00%)

Price History

Full chart

Market Stats

Previous Close548.50

Open548.00

Day Range542.50 – 548.00

52-Week Range377.00 – 571.00

Volume43.18K

Market Cap229.34B

P/E (TTM)4.26

Forward P/E30.49

EPS124.61

Dividend Yield1.65%

Beta0.91

50-Day Avg527.67

200-Day Avg511.06

About

AB Industrivärden is a publicly owned investment manager. The firm invests in the public equity markets of Nordic region. It employs fundamental analysis, with a focus on factors like long term return potential, proven business model, balance between risk and return, and attractive valuation to create its portfolio. AB Industrivärden was founded in 1944 and is based in Stockholm, Sweden.

Company Details

SectorFinancial Services
IndustryAsset Management
CEOMs. Helena Stjernholm
Employees15
HeadquartersStorgatan 10, Stockholm, Sweden, 114 51, Sweden
Websitehttps://www.industrivarden.se/en-GB

Leadership

Ms. Helena StjernholmPresident, CEO & Director · b. 1970
Mr. Karl ÅbergDeputy CEO and Head of Investments & Finance Function · b. 1979
Ms. Jennie KnutssonGeneral Counsel · b. 1976
Mr. Sverker SivallHead of Corporate Communications & Sustainability · b. 1970
Ms. Sofie ForsbergHuman Resource Manager
Mr. Carl-Olof ByExecutive VP & Senior Advisor · b. 1945
Ms. Madeleine WallmarkInvestment Manager · b. 1982
Mr. Peter Nyström CFAInvestment Manager · b. 1960
Mr. Peter SigfridInvestment Manager · b. 1974
Mr. Beniam PoutiainenInvestment Analyst · b. 1987

Financials

Income Statement

Currency: SEK	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: SEK	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	9.39B	3.54B	5.84B	220.00M	198.00M	-1.73B	-28.52B	21.28B	15.50B	-15.04B	11.60B	12.92B	5.87B	3.39B	16.69B	15.65B	-8.30B	29.94B	8.50B	26.69B	-13.96B	27.20B	12.92B	9.53B
Growth (%)	-	-62.32%	+65.00%	-96.23%	-10.00%	-971.72%	-1552.32%	+174.61%	-27.14%	-197.04%	+177.12%	+11.36%	-54.54%	-42.31%	+392.74%	-6.23%	-153.02%	+460.79%	-71.63%	+214.11%	-152.33%	+294.77%	-52.51%	-26.20%
Cost of Revenue	-	-	-	220.00M	198.00M	-	-	-	534.00M	601.00M	591.00M	598.00M	411.00M	284.00M	222.00M	87.00M	20.00M	-	40.00M	41.00M	81.00M	197.00M	181.00M	6.00M
Gross Profit	9.39B	3.54B	5.84B	2.41B	11.94B	-1.73B	-28.52B	21.28B	14.97B	-15.64B	11.01B	12.32B	5.46B	3.10B	16.47B	15.57B	-8.32B	29.94B	8.50B	26.69B	-13.96B	27.00B	12.73B	9.53B
Gross Margin	100.00%	100.00%	100.00%	1096.36%	6031.82%	100.00%	100.00%	100.00%	96.56%	103.99%	94.91%	95.37%	93.00%	91.62%	98.67%	99.44%	100.24%	100.00%	100.00%	100.00%	100.00%	99.28%	98.60%	100.00%
Operating Expense	5.38B	4.16B	-1.46B	-11.63B	272.00M	376.00M	595.00M	609.00M	99.00M	2.00M	3.00M	182.00M	197.00M	0	21.00M	12.00M	11.00M	12.00M	9.00M	12.00M	-68.00M	13.00M	13.00M	-26.12B
Operating Income	4.01B	-623.00M	7.30B	14.04B	11.67B	-2.10B	-29.11B	20.67B	14.87B	-15.65B	11.01B	12.14B	5.26B	3.10B	16.45B	15.55B	-8.33B	29.93B	8.49B	26.68B	-13.90B	26.99B	12.72B	35.66B
Operating Margin	42.74%	-17.61%	125.07%	6382.73%	5894.44%	121.78%	102.09%	97.14%	95.92%	104.01%	94.88%	93.96%	89.65%	91.62%	98.54%	99.37%	100.37%	99.96%	99.89%	99.96%	99.51%	99.23%	98.50%	374.06%
EBITDA	4.16B	-488.00M	7.43B	14.08B	11.67B	-2.10B	-29.11B	20.67B	14.87B	-15.65B	11.01B	12.14B	5.26B	3.10B	16.45B	15.55B	-8.33B	29.93B	8.49B	26.68B	-13.90B	26.99B	12.72B	35.66B
EBITDA Margin	44.34%	-13.80%	127.33%	6401.82%	5894.44%	121.78%	102.09%	97.14%	95.92%	104.01%	94.88%	93.96%	89.65%	91.62%	98.54%	99.37%	100.37%	99.96%	99.89%	99.96%	99.51%	99.25%	98.50%	374.06%
Net Income	3.90B	867.00M	7.46B	14.20B	11.62B	-1.94B	-29.11B	20.67B	14.87B	-15.65B	11.01B	12.14B	5.26B	3.10B	16.45B	15.55B	-8.33B	29.84B	8.44B	26.59B	-13.97B	26.84B	12.65B	35.40B
Net Income Margin	41.56%	24.51%	127.79%	6455.45%	5869.19%	112.51%	102.09%	97.14%	95.92%	104.01%	94.88%	93.96%	89.65%	91.62%	98.54%	99.37%	100.37%	99.65%	99.34%	99.65%	100.02%	98.70%	97.97%	371.39%
R&D	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.98	0.99	1.02	1	13.51	3.31	2.55	4.2	-	-
R&D as % of Total Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00%	0.00%	-0.00%	0.00%	0.00%	0.00%	-0.00%	0.00%	-	-
Interest Expense	0	0	0	220.00M	198.00M	289.00M	515.00M	523.00M	534.00M	601.00M	591.00M	598.00M	411.00M	284.00M	222.00M	87.00M	20.00M	23.00M	40.00M	41.00M	81.00M	197.00M	181.00M	141.00M
Interest Expense % of Total Revenue	0.00%	0.00%	0.00%	100.00%	100.00%	-16.74%	-1.81%	2.46%	3.44%	-3.99%	5.09%	4.63%	7.00%	8.38%	1.33%	0.56%	-0.24%	0.08%	0.47%	0.15%	-0.58%	0.72%	1.40%	1.48%

Balance Sheet

Currency: SEK	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: SEK	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	24.27B	21.07B	42.53B	54.16B	64.71B	66.29B	35.98B	53.79B	71.55B	57.12B	68.60B	78.56B	84.06B	82.54B	95.62B	108.36B	93.24B	117.01B	129.11B	150.75B	134.76B	158.53B	167.44B	198.90B
Total Liabilities	5.54B	4.66B	7.36B	5.93B	6.22B	11.46B	12.39B	11.25B	15.22B	17.98B	20.22B	19.28B	16.65B	14.69B	13.49B	12.48B	8.10B	4.48B	8.13B	7.67B	8.58B	8.65B	8.27B	7.88B
Total Equity	18.73B	16.41B	35.17B	48.23B	58.49B	54.84B	23.58B	42.54B	56.33B	39.14B	48.38B	59.28B	67.41B	67.85B	82.13B	95.88B	85.14B	112.53B	120.98B	143.08B	126.18B	149.88B	159.18B	191.02B
Cash	-	-	-	78.00M	738.00M	257.00M	1.10B	-	-	57.00M	55.00M	490.00M	-	5.00M	823.00M	613.00M	786.00M	56.00M	0	697.00M	795.00M	869.00M	843.00M	1.34B
Total Debt	-	-	-	5.39B	5.32B	11.29B	11.99B	10.86B	14.93B	17.40B	19.62B	18.92B	16.32B	14.32B	13.18B	12.13B	7.82B	4.19B	7.78B	7.22B	8.18B	8.20B	7.79B	7.28B
Net Debt	-	-	-	5.31B	4.58B	11.03B	10.90B	10.86B	14.93B	17.34B	19.56B	18.43B	16.32B	14.32B	12.35B	11.52B	7.04B	4.13B	7.78B	6.53B	7.39B	7.33B	6.95B	5.94B

Cash Flow

Currency: SEK	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: SEK	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	825.00M	767.00M	1.03B	1.22B	1.61B	1.93B	2.40B	1.34B	2.64B	4.45B	1.81B	1.92B	2.46B	2.77B	2.85B	2.59B	3.49B	3.87B	491.00M	6.99B	-13.97B	6.06B	8.29B	9.21B
Investing Cash Flow	3.92B	-93.00M	-2.47B	892.00M	-1.12B	-6.60B	-332.00M	440.00M	-2.55B	-4.46B	-1.11B	1.39B	-1.56B	1.89B	834.00M	-103.00M	3.25B	1.16B	-4.11B	-2.26B	-3.18B	-2.85B	-4.57B	-4.65B
Financing Cash Flow	-3.65B	-2.12B	1.39B	1.64B	-1.05B	4.19B	-1.23B	-2.88B	1.81B	2.43B	-699.00M	-2.84B	-1.39B	-4.66B	-2.87B	-2.70B	-6.57B	-5.76B	3.56B	-4.03B	-1.96B	-3.13B	-3.75B	-4.06B
Capital Expenditure	113.00M	62.00M	61.00M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	9.21B
Free Cash Flow	712.00M	705.00M	968.00M	1.22B	1.61B	1.93B	2.40B	1.34B	2.64B	4.45B	1.81B	1.92B	2.46B	2.77B	2.85B	2.59B	3.49B	3.87B	491.00M	6.99B	-13.97B	6.06B	8.29B	9.21B
Dividends Paid	1.62B	1.12B	1.06B	1.16B	1.35B	1.74B	1.93B	1.74B	1.16B	1.54B	1.74B	1.95B	2.28B	2.70B	2.16B	2.29B	2.39B	2.50B	2.72B	3.59B	2.92B	3.13B	3.35B	3.56B
FCF to OCF	86.30%	91.92%	94.07%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	227.53%	158.87%	109.71%	94.84%	84.08%	90.24%	80.42%	129.60%	43.95%	34.73%	96.08%	101.46%	92.84%	97.37%	75.75%	88.09%	68.56%	64.62%	553.91%	51.37%	-20.87%	51.69%	40.37%	38.68%

Earnings

Report Date	Mar 31, 1999	May 3, 2007	Aug 3, 2007	Oct 31, 2007	Feb 13, 2008	May 5, 2008	Aug 4, 2008	Oct 31, 2008	Feb 12, 2009	May 4, 2009	Aug 4, 2009	Nov 2, 2009	Feb 11, 2010	Apr 8, 2010	Jul 5, 2010	Oct 5, 2010	Feb 9, 2011	Apr 5, 2011	Jul 5, 2011	Oct 5, 2011	Feb 8, 2012	Apr 5, 2012	Jul 5, 2012	Oct 5, 2012	Feb 6, 2013	Apr 5, 2013	Jul 5, 2013	Oct 7, 2013	Feb 6, 2015	Apr 8, 2015	Jul 6, 2015	Oct 5, 2015	Feb 5, 2016	Apr 5, 2016	Jul 6, 2016	Oct 6, 2016	Feb 9, 2017	Apr 5, 2017	Jul 5, 2017	Oct 5, 2017	Feb 8, 2018	Apr 10, 2018	Jul 5, 2018	Oct 5, 2018	Feb 8, 2019	Apr 9, 2019	Jul 5, 2019	Oct 4, 2019	Feb 7, 2020	Apr 7, 2020	Jul 7, 2020	Oct 6, 2020	Feb 9, 2021	Apr 9, 2021	Jul 6, 2021	Oct 11, 2021	Feb 10, 2022	Apr 7, 2022	Jul 7, 2022	Oct 6, 2022	Feb 3, 2023	Apr 5, 2023	Jul 6, 2023	Oct 6, 2023	Feb 2, 2024	Apr 8, 2024	Jul 8, 2024	Oct 17, 2024	Jan 31, 2025	Apr 8, 2025	Jul 8, 2025	Oct 16, 2025	Feb 9, 2026	Apr 6, 2026	Jul 8, 2026	Jul 9, 2026	Oct 8, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	-	-	-	-	-	-	-	-	-	-	36.41	-45.88	-16.02	-14.27	43.83	27.35	3.63	-4.88	36.05	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.24	17.22	16.93	-8.02	-31.16	-16.73	-12.27	-20.80	-25.56	-1.98	24.15	21.51	9.83	9.42	0.28	9.74	15.10	-9.16	-2.01	-41.15	11.82	16.99	-6.01	6.87	6.83	18.58	-9.26	8.91	0.00	0.00	-5.63	0.00	0.00	0.00	0.00	0.00	0.00	23.86	7.40	3.49	1.04	3.46	2.61	14.64	-39.85	35.11	13.99	-7.75	27.21	-42.59	28.98	12.62	20.38	41.93	-1.35	-15.60	36.41	-45.88	-16.02	-14.27	43.83	27.35	3.63	-4.88	36.05	38.25	-17.09	15.52	-7.38	17.96	4.27	17.10	42.64	28.77	57.03	57.03	-3.83
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01%	0.00%	0.01%	-0.03%	0.00%	0.01%	0.01%	-0.06%	0.01%	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	After-hours	Pre-market	Pre-market	-	Pre-market	After-hours	Pre-market	-	Pre-market	Pre-market	Pre-market	Pre-market	-	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	-	Pre-market	-	-	-

Key Statistics & Ratios

Market Cap229.34B

Enterprise Value233.23B

Trailing P/E4.26

Forward P/E30.49

PEG Ratio4.62

Price / Sales4.23

Price / Book1.04

EPS124.61

Book Value515.50

Revenue (TTM)54.25B

Gross Profit (TTM)54.25B

EBITDA54.13B

Profit Margin99.21%

Operating Margin102.47%

Return on Equity27.23%

Return on Assets16.50%

Shares Outstanding210.63M

Shares Float301.75M

Beta0.91

Dividend Yield1.65%

Dividend Rate8.75

Payout Ratio7.02%

Dividends

20261×

8.75Apr 14, 2026

20251×

8.25Apr 11, 2025

20241×

7.75Apr 12, 2024

20231×

7.25Apr 18, 2023

20221×

6.75Apr 22, 2022

20211×

6.25Apr 22, 2021

20191×

5.75Apr 18, 2019

20181×

5.50Apr 18, 2018

20171×

5.25May 10, 2017

20161×

5.00May 10, 2016

20151×

6.25May 7, 2015

20141×

5.50May 7, 2014

20131×

5.00May 8, 2013

20121×

4.50May 7, 2012

20111×

4.00May 6, 2011

20101×

3.00May 6, 2010

20091×

4.50May 11, 2009

20081×

5.00Apr 16, 2008

20071×

4.50Mar 28, 2007

20061×

3.50May 9, 2006

20051×

3.00Apr 21, 2005

20041×

2.75Mar 30, 2004

20031×

0.40Apr 3, 2003

20021×

2.50Apr 18, 2002

Stock Splits

Apr 25, 20072:1
May 27, 19984:1