Svolder AB is a Stockholm-listed investment holding company whose main asset is its stakes in private and listed Nordic industrial and financial businesses, with the asset management arm earning fees on the funds it runs. The case rests on a discount to the value of those underlying holdings, which the reported numbers do not capture well, since operating margin of -235.8% and ROE of -1.3% reflect fair-value swings and fee compression rather than the cash economics of the portfolio. Revenue fell 9.3% on the latest comparison, and a trailing P/E of 25.1 on a business with negative operating margins signals that per-share earnings are being driven by investment gains rather than recurring operations, so the first task is to separate the two. A deeper look would need to test the net asset value per share against the market cap of 10.2B SEK, check how much of the portfolio is marked to models versus traded prices, and see whether the management fee base is shrinking faster than the holdings are rising in value.
Plain-English pros, cons, and what to watch. Pro feature.
See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.
The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.
The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.
Trades are only made public after a delay. We show the delay so you know how old the news is.
Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.
| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 23 Oct 2026, 01:53 CEST | ACCE price target | kr 100 | first publication | kr 100 |
| 22 Oct 2026, 13:04 CEST | Fair value | kr 75.62 | first publication | kr 100 |
| 22 Oct 2026, 13:04 CEST | Rating | Overvalued | first publication | kr 100 |
Answered from Svolder AB (publ) fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| SVOL-A.ST Svolder AB (publ) | kr 100.00 | kr 76 | 32% above | 25.1x | -1.3% | 34 | 51 |
| CUPRUM.SN Cuprum | CLP 94.00 | - | - | 21.3x | 16.8% | 90 | 65 |
| HABITAT.SN A.F.P. Habitat | CLP 1313.50 | - | - | 7.8x | 47.0% | 100 | 75 |
| NUAM.SN Holding Bursátil Regional S.A. | CLP 8363.80 | - | - | 19.8x | 8.1% | 85 | 80 |
| PROVIDA.SN A.F.P. Provida | CLP 4990.00 | - | - | 18.5x | 13.4% | 90 | 69 |
| KINV-A.ST Kinnevik AB | kr 74.00 | - | - | - | -22.9% | 64 | 32 |
| PFCORFICOL.CL Corficolombiana preferred | COP 18120.00 | - | - | 12.1x | 7.0% | 45 | 68 |
Where SVOL-A.ST ranks against its sector peers on each metric.