L E Lundbergföretagen
Look-through NAV vs. the share price — the "basket" (sum of its stakes + private assets − net debt) against what the market pays for the holdco. The gap is the discount/premium; watch it widen and narrow. S&P 500 · LUND-B.ST.
Discount
-16.7%
NAV / share
kr 670.48
Price
kr 558.5
z-score
1.82
Mark-to-mkt
80%
Cheap vs own history:65ᵗʰ percentile of its 3yr discount rangez +1.4 6mz +1.8 1yz +0.1 3y
NAV / share (basket) Share pricekr per share
Discount / premium to NAV over time
Look-through basket · kr 166.3B NAV
| Holmen HOLM-B.ST | kr 16.4B | 10% | |
| Indutrade INDT.ST | kr 19.7B | 12% | |
| Industrivärden INDU-C.ST↳ double discount · +3% own NAV | kr 49.7B | 30% | |
| Hufvudstaden HUFV-A.ST | kr 11.4B | 7% | |
| Husqvarna HUSQ-B.ST | kr 1.7B | 1% | |
| Alleima ALLEI.ST | kr 2.3B | 1% | |
| Skanska SKA-B.ST | kr 5.8B | 3% | |
| Sandvik SAND.ST | kr 16.5B | 10% | |
| Handelsbanken SHB-A.ST | kr 9.4B | 6% | |
| Other / private / cash (static, 2026-05) | kr 33.4B | net cash kr 0M | |
Lundberg family holdco — listed core (Holmen, Indutrade, Industrivärden, Hufvudstaden, Husqvarna, Sandvik, Skanska, Alleima) + a wholly-owned property arm (Lundbergs Fastigheter ≈ the otherNAV). NAV ≈ SEK 652/sh, ~−30%. Property value + deferred tax make otherNAV approximate.
Stake prices + FX live; net debt / private NAV / share counts are estimates — verify against the holdco's NAV statement. Not investment advice.