VEF (Q4 review): In search of new investments - Redeye

Redeye updates its estimates and valuation after VEF’s Q4 2025 report. Positive operational development and the value accretive partial exit in Juspay are offset by FX headwinds from a stronger SEK against the USD. This leads to a slight negative adjustment to our fair value range as we lower our base case and bull case, whereas our bear case remains intact.

Länk till analysen i sin helhet: https://www.redeye.se/research/1146142/vef-q4-review-in-search-of-new-investments?utm_source=finwire&utm_medium=RSS