INDU A (Industrivarden AB) vs OMX Stockholm 30 Comparison

INDU A

OMX Stockholm 30

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

INDU A

OMX Stockholm 30

Difference

1Y 3Y 5Y 10Y 15Y 20Y

INDU A

OMX Stockholm 30

Add Stock

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

OMX Stockholm 30

INDU A

BRK.A

INVE B

EXO

BAJAJHLDNG

Add Stock

1Y 3Y 5Y 10Y 15Y 20Y

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

Industrivarden AB
Glance View

Market Cap

153.9B SEK

Industry

Financial Services

Industrivärden AB, one of Sweden's most venerable investment companies, has woven its legacy into the fabric of Nordic industry since its founding in 1944. Emerging from the rich industrial tapestry of post-war Europe, Industrivärden was established to foster and manage industrial investments. Over the decades, it deftly transitioned from being a tool for industrial companies seeking financing to a cornerstone of strategic ownership, all while maintaining a clear focus on long-term value creation. Its prowess lies in a carefully curated portfolio comprising significant ownership stakes in some of the Nordic region's industrial giants, such as Volvo, Ericsson, and Sandvik. This model not only ensures dividend flows but also grants Industrivärden influential leverages in corporate governance, allowing it to steer these companies toward sustainable growth and profitability. The company thrives on the twin pillars of strategic shareholding and adept capital allocation. Industrivärden operates through an active management approach, wherein seasoned investment professionals engage closely with the executive boards of its portfolio companies, aligning on key strategic initiatives and long-term objectives. This involvement in governance and strategic planning is not merely passive but a means to enact changes and drive efficiencies that enhance each firm's competitive edge. Revenue for Industrivärden predominantly stems from capital gains and dividends generated by its holdings, which are reinvested to compound returns over time. By maintaining a diversified yet focused investment roster, Industrivärden not only secures its financial performance but also reinforces the resilience of its business model, even amidst shifting economic tides.

View INDU A Analysis

INDU A Intrinsic Value

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

US		Berkshire Hathaway Inc NYSE:BRK.A	Add
ZA	R	Remgro Ltd JSE:REM	Add
SE		Investor AB STO:INVE B	Add
NL		Exor NV AEX:EXO	Add
IN		Bajaj Holdings and Investment Ltd NSE:BAJAJHLDNG	Add
SE		L E Lundbergforetagen AB (publ) STO:LUND B	Add
MC		HAL Trust AEX:HAL	Add
BE		Groep Brussel Lambert NV XBRU:GBLB	Add
SA		Kingdom Holding Company SJSC SAU:4280	Add
BE		Sofina SA XBRU:SOF	Add

US		Berkshire Hathaway Inc NYSE:BRK.A	Select
ZA	R	Remgro Ltd JSE:REM	Select
SE		Investor AB STO:INVE B	Select
NL		Exor NV AEX:EXO	Select
IN		Bajaj Holdings and Investment Ltd NSE:BAJAJHLDNG	Select
SE		L E Lundbergforetagen AB (publ) STO:LUND B	Select
MC		HAL Trust AEX:HAL	Select
BE		Groep Brussel Lambert NV XBRU:GBLB	Select
SA		Kingdom Holding Company SJSC SAU:4280	Select
BE		Sofina SA XBRU:SOF	Select

US		Berkshire Hathaway Inc NYSE:BRK.A	Add
ZA	R	Remgro Ltd JSE:REM	Add
SE		Investor AB STO:INVE B	Add
NL		Exor NV AEX:EXO	Add
IN		Bajaj Holdings and Investment Ltd NSE:BAJAJHLDNG	Add
SE		L E Lundbergforetagen AB (publ) STO:LUND B	Add
MC		HAL Trust AEX:HAL	Add
BE		Groep Brussel Lambert NV XBRU:GBLB	Add
SA		Kingdom Holding Company SJSC SAU:4280	Add
BE		Sofina SA XBRU:SOF	Add

HR	C	CROBEX INDX:CRBEX	Add
SA	T	Tadawul All Share INDX:TASI	Add
TH	S	SET Index INDX:SET	Add
ID	J	Jakarta Composite Index INDX:JKSE	Add
GR	A	Athens General Composite INDX:ATG	Add
BR	B	BOVESPA INDX:BVSP	Add
AR	S	S&P Merval INDX:MERV	Add
MX	M	Mexico S&P/BMV IPC INDX:MXX	Add
CZ	P	PX Prague Stock Index INDX:PX	Add
RU	M	MOEX Russia INDX:IMOEX	Add

	Franklin Covey Co NYSE:FC	36.14 USD -2.48%
	Mohawk Industries Inc NYSE:MHK	117.77 USD 0.39%
	Ardmore Shipping Corp NYSE:ASC	12.1 USD -1.94%
	ASGN Inc NYSE:ASGN	85.27 USD 0.26%
	Skyworks Solutions Inc NASDAQ:SWKS	90.905 USD 2.31%
	Weatherford International PLC NASDAQ:WFRD	73.51 USD 0.67%

INDU A

vs

OMX Stockholm 30

Stocks Performance
INDU A vs OMX Stockholm 30

Performance Gap
INDU A vs OMX Stockholm 30

Performance By Year
INDU A vs OMX Stockholm 30

Competitors Performance
Industrivarden AB vs Peers

Industrivarden AB
Glance View

Company

Help

Tools

Stocks

	Johnson & Johnson NYSE:JNJ	143.66 USD -0.37%
	Bank of America Corp NYSE:BAC	45.4 USD 1.32%
	Mastercard Inc NYSE:MA	511.93 USD -1.81%
	Salesforce Inc NYSE:CRM	330.53 USD -0.71%
	Abbvie Inc NYSE:ABBV	180.1 USD -0.62%
	Home Depot Inc NYSE:HD	389.37 USD 0.05%

	Arista Networks Inc NYSE:ANET	118.98 USD 3.28%
	Visa Inc NYSE:V	313.04 USD -0.59%
	Texas Pacific Land Corp NYSE:TPL	1 226.63 USD 1.29%
	KLA Corp NASDAQ:KLAC	690.3 USD 5.07%
	Manhattan Associates Inc NASDAQ:MANH	271.36 USD -0.54%
	Pinduoduo Inc NASDAQ:PDD	99.02 USD 2.27%

	Salesforce Inc NYSE:CRM	330.53 USD -0.71%
	ServiceNow Inc NYSE:NOW	1 077.05 USD 0.31%
	EOG Resources Inc NYSE:EOG	126.39 USD -0.14%
	Copart Inc NASDAQ:CPRT	56.58 USD -0.58%
	Applied Materials Inc NASDAQ:AMAT	177.48 USD 4.36%
	Synopsys Inc NASDAQ:SNPS	501.06 USD 1.49%

INDU A vs OMX Stockholm 30

Stocks Performance INDU A vs OMX Stockholm 30

Performance Gap INDU A vs OMX Stockholm 30

Performance By Year INDU A vs OMX Stockholm 30

Competitors Performance Industrivarden AB vs Peers

Industrivarden AB Glance View

Company

Help

Tools

Stocks

INDU A

vs

OMX Stockholm 30

Stocks Performance
INDU A vs OMX Stockholm 30

Performance Gap
INDU A vs OMX Stockholm 30

Performance By Year
INDU A vs OMX Stockholm 30

Competitors Performance
Industrivarden AB vs Peers

Industrivarden AB
Glance View