contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    id
  }
  tags {
    name
    id
  }
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

Investor is a Swedish investment and holding company that manages shareholdings and wholly owned companies through long-term ownership and active board involvement. The company invests in listed companies, unlisted businesses and private equity funds, and collaborates with management teams to create value in markets internationally. Investor was founded in 1916 and is headquartered in Stockholm, Sweden.

My habit when a report is released has been to look at the adjusted NAV and compare it to the current share price (at that stage, the IBI Index usually shows the previously reported value). It’s just a rough ballpark estimate. Investor is now at a historical high relative to its net asset value (NAV). Edit: I’ll add my own questions here, as Jussi_Koskinen’s question reminded me of these.  Has anyone looked more closely into the IBI Index calculation? From memory, unlisted holdings are included as adjusted estimates based on the latest report. Are there any adjustments made between reports? Does anyone use the actual calculated unadjusted NAV? Has anyone tracked it over a longer period? Has anyone found an IBI Index-like analysis for it? My own thought is that Investor AB’s adjusted value is the “best estimate at the time.” There is, of course, always the possibility of window dressing or, on the other hand, a misjudgment by the company. Has anyone dug deeper into the adjusted values and done a comparison?

Have you compared the adjusted NAV and the share price for the same day?

As a small observation of a fairly rare situation, Investor’s share price is above the reported NAV, and at the same time, the value calculated in the IB index is hitting a ten-year high.                   ibindex.se              ibindex

Here is the Q1/2026 report:            vp053.alertir.com              202604201095-1.pdf    6.78 MB                             “Investor’s strong financial position is a key strength in today’s volatile environment. Beyond a solid balance sheet, the recurring cash flow is a core enabler of strategy execution. Dividends from Listed Companies, underlying cash flow from Patricia Industries, and contributions from Investments in EQT , provide a strong foundation for capital deployment in the years ahead. ” Christian Cederholm President & CEO of Investor Adjusted net asset value (NAV) amounted to SEK 1,125.1bn (SEK 367 per share) on March 31, 2026, a change of SEK 38.0bn, or 3 percent, during the quarter. Total shareholder return amounted to 7 percent, compared to -1 percent for the SIXRX return index.   Listed Companies generated a total return of 5 percent. Investor acquired shares in Nasdaq and Atlas Copco for SEK 142m and SEK 30m respectively, and divested shares in SEB for SEK 1,520m.   Based on estimated market values, the total return for Patricia Industries amounted to 4 percent (5 percent excluding cash), driven by cash flow, a positive translation effect as the USD strengthened sequentially during the quarter, and multiple expansion.   Within Patricia Industries, sales growth for the major subsidiaries amounted to -7 percent, of which 3 percent organically in constant currency. Reported EBITA declined 7 percent and adjusted EBITA declined 4 percent.   Mölnlycke reported organic sales growth of 3 percent in constant currency, with the largest business area Wound Care growing 2 percent. The EBITA margin improved compared to last year.   The value change of investments in EQT was -13 percent. Total net cash flow to Investor amounted to SEK -206m, including Investor’s purchase of shares in EQT AB for SEK 1,378m.   Leverage was 1.2 percent as of March 31, 2026 (2.1 percent as of December 31, 2025). Gross cash amounted to SEK 37,378m and the average maturity of Investor AB’s debt portfolio was 8.9 years on March 31, 2026.

Investor AB topped up on EQT AB shares for the second time this year already: https://www.marketscreener.com/news/major-shareholder-investor-acquires-eqt-shares-for-sek-319-million-ce7e5cdddf88ff27

Investor increases its stake in EQT by 2.3 million shares. At the same time, the incoming Chairman of the Board bought shares for 760 million SEK. EQT has fallen from the 370 SEK level to below 300 SEK over the last few weeks, apparently as part of this global software slump. I also jumped on board with EQT today. https://www.marketscreener.com/news/investor-acquires-eqt-shares-for-sek-657-million-ce7e5adeda81fe23

Bloomberg also has a video on the topic today. Duration 11 min.

Investor

Den 4 november 2026 kommer Investor att arrangera en Capital Markets Update där vi ger en uppdatering på våra strategiska prioriteringar, vår portfölj, och på hur Investor fortsätter att bygga...

<p><span>Den 4 november 2026 kommer Investor att arrangera en Capital Markets Update där vi ger en uppdatering på våra strategiska prioriteringar, vår portfölj, och på hur Investor fortsätter att bygga starka och hållbara bolag. </span></p><p><span>Detaljerad information om format och agenda kommer att kommuniceras närmare eventet.</span></p><div></div>