Koskisen Oyj（EZ8）株式概要Koskisen Oyjは、フィンランド、日本、ドイツ、ポーランド、その他のヨーロッパ諸国、および国際的な木材産業で事業を展開している。 詳細EZ8 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長4/6過去の実績1/6財務の健全性5/6配当金2/6報酬当社が推定した公正価値より51.5%で取引されている 収益は年間41.71%増加すると予測されています リスク分析利益率(1.4%)は昨年より低い(3.3%) German市場と比較した過去 3 か月間の株価の変動1.64%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見るEZ8 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW480,107 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA480,107 investors already sharing narrativesYour Fair Value€Current Price€8.166.6% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0523m2016201920222025202620282031Revenue €523.4mEarnings €7.5mAdvancedSet Fair ValueView all narrativesKoskisen Oyj 競合他社DelignitSymbol: XTRA:DLXMarket cap: €25.2mEisen- und HüttenwerkeSymbol: DB:EISMarket cap: €253.4mUzin UtzSymbol: XTRA:UZUMarket cap: €302.7mNabaltecSymbol: XTRA:NTGMarket cap: €103.8m価格と性能株価の高値、安値、推移の概要Koskisen Oyj過去の株価現在の株価€8.1652週高値€10.7052週安値€7.72ベータ0.0991ヶ月の変化-0.24%3ヶ月変化-23.74%1年変化-5.34%3年間の変化33.99%5年間の変化n/aIPOからの変化28.75%最新ニュースReported Earnings • May 20First quarter 2026 earnings released: EPS: €0.04 (vs €0.18 in 1Q 2025)First quarter 2026 results: EPS: €0.04 (down from €0.18 in 1Q 2025). Revenue: €105.5m (up 22% from 1Q 2025). Net income: €896.0k (down 79% from 1Q 2025). Profit margin: 0.8% (down from 4.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.お知らせ • Apr 24+ 1 more updateKoskisen Oyj Announce Dividend for the Financial Year of 2025, Payable on 5 May 2026Koskisen Corporation at its Annual General Meeting held on April 23, 2026, announced that a dividend of EUR 0.14 per share shall be paid based on the adopted balance sheet regarding the financial year 2025 and that the profit shall be recorded in retained earnings. The record date for the payment of the dividend is 27 April 2026 and the dividend shall be paid on 5 May 2026.お知らせ • Feb 14+ 1 more updateKoskisen Oyj Provides Group Earnings Guidance for the Fiscal Year 2026Koskisen Oyj provided group earnings guidance for the fiscal year 2026. For the period, the Group’s revenue for 2026 is expected to increase from the level of 2025.お知らせ • Jan 02Koskisen Oyj(HLSE:KOSKI) dropped from OMX Nordic Small Cap IndexKoskisen Oyj removed from OMX Nordic Small Cap Index.お知らせ • Nov 19Koskisen Oyj to Report Nine Months, 2026 Results on Nov 12, 2026Koskisen Oyj announced that they will report nine months, 2026 results on Nov 12, 2026お知らせ • Nov 12+ 3 more updatesKoskisen Oyj to Report First Half, 2026 Results on Aug 13, 2026Koskisen Oyj announced that they will report first half, 2026 results on Aug 13, 2026最新情報をもっと見るRecent updatesReported Earnings • May 20First quarter 2026 earnings released: EPS: €0.04 (vs €0.18 in 1Q 2025)First quarter 2026 results: EPS: €0.04 (down from €0.18 in 1Q 2025). Revenue: €105.5m (up 22% from 1Q 2025). Net income: €896.0k (down 79% from 1Q 2025). Profit margin: 0.8% (down from 4.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.お知らせ • Apr 24+ 1 more updateKoskisen Oyj Announce Dividend for the Financial Year of 2025, Payable on 5 May 2026Koskisen Corporation at its Annual General Meeting held on April 23, 2026, announced that a dividend of EUR 0.14 per share shall be paid based on the adopted balance sheet regarding the financial year 2025 and that the profit shall be recorded in retained earnings. The record date for the payment of the dividend is 27 April 2026 and the dividend shall be paid on 5 May 2026.お知らせ • Feb 14+ 1 more updateKoskisen Oyj Provides Group Earnings Guidance for the Fiscal Year 2026Koskisen Oyj provided group earnings guidance for the fiscal year 2026. For the period, the Group’s revenue for 2026 is expected to increase from the level of 2025.お知らせ • Jan 02Koskisen Oyj(HLSE:KOSKI) dropped from OMX Nordic Small Cap IndexKoskisen Oyj removed from OMX Nordic Small Cap Index.お知らせ • Nov 19Koskisen Oyj to Report Nine Months, 2026 Results on Nov 12, 2026Koskisen Oyj announced that they will report nine months, 2026 results on Nov 12, 2026お知らせ • Nov 12+ 3 more updatesKoskisen Oyj to Report First Half, 2026 Results on Aug 13, 2026Koskisen Oyj announced that they will report first half, 2026 results on Aug 13, 2026お知らせ • Oct 02Koskisen Oyj, Annual General Meeting, Apr 23, 2026Koskisen Oyj, Annual General Meeting, Apr 23, 2026.お知らせ • Aug 18Koskisen Oyj Provides Unchanged Earnings Guidance for the Fiscal Year 2025Koskisen Oyj provided unchanged earnings guidance for the fiscal year 2025. For the period, the Group’s revenue for 2025 is expected to grow from the level of 2024.お知らせ • May 15Koskisen Oyj Approves Dividend for Financial Year 2024, Payable on 26 May 2025Koskisen Oyj at its AGM held on May 15, 2025 approved dividend of EUR 0.12 per share shall be paid based on the adopted balance sheet regarding the financial year 2024 and that the profit shall be recorded in retained earnings. The record date for the payment of the dividend is 19 May 2025 and the dividend shall be paid on 26 May 2025.お知らせ • May 12Koskisen Launches a New Thin Perterwood Product, Zero ThinPlyKoskisen announced launching a new thin plywood product, Zero ThinPly, made entirely from bio-based materials, containing no added formaldehyde, phenolic compounds, or urea. This fossil-free thin plywood responds to customers' increasing demands for a broader range of fully bio-based material options. The bio-bonded thin plywood is intended for indoor use, for example in laser-cut design products such as lamps, jewelry, and various interior decoration items, where Koskisen's traditional thin plywood is already widely used. It is particularly well-suited for indoor air-critical applications, where strict formaldehyde emission limits apply. The new bio-based adhesive is non-toxic and shows virtually no difference in strength compared to traditional adhesives. Strength values achieved in dry conditions for the bio-bonded Zero ThinPly match those of conventionally bonded products. The adhesive used in Zero ThinPly has been developed in collaboration with Plantics, a company specializing in bio-based plastics and binders. Previously, the Zero product family introduced the Zero Furniture Board, the world's first particleboard made entirely from bio-based material. The wood raw material for the Zero Furniture Board comes from Koskisen's own production side streams, and lignin, a wood-derived binder, is used as its adhesive. The main source of emissions in plywood and chipboard products is the production of fossil-based adhesives. Koskisen's sustainability program commits to reducing emissions from its own operations and value chain. The increased use of bio-based binders in panel products advances the achievement of the goal.お知らせ • Apr 13Koskisen Corporation Announces Eva Wathén and Kari Koskinen Not Available for Election as Members of Board of DirectorsKoskisen Corporation at its Annual General Meeting to be held on 15 May 2025, announced that of the current members of the Board of Directors, Eva Wathén and Kari Koskinen have informed that they are not available for election of members of the Board of Directors.お知らせ • Apr 10Koskisen Corporation Proposes Dividend for the Financial Year 2024, Payable on 26 May 2025Koskisen Corporation at its Annual General Meeting to be held on 15 May 2025, proposed dividend of EUR 0.12 per share shall be paid based on the adopted balance sheet regarding the financial year of 2024 and that the profit shall be recorded in retained earnings. The record date for the payment of the dividend is 19 May 2025 and the dividend shall be paid on 26 May 2025.お知らせ • Mar 12Koskisen Oyj (HLSE:KOSKI) agreed to acquire Business operations of Iisveden Metsä Oy from Iisveden Metsa Oy for €26.5 million.Koskisen Oyj (HLSE:KOSKI) agreed to acquire Business operations of Iisveden Metsä Oy from Iisveden Metsa Oy for €26.5 million on March 10, 2025. The debt-free purchase price of the transaction is €22.5 million and its cash part will be adjusted at the time of the completion of the transaction by a net working capital adjustment, which is not expected to be significant. In addition, Koskisen will pay the seller a maximum earnout of €4 million if the conditions specified for the payment of the earnout, mainly related to sales price of sawn timber, are met during 2025–2027. Any earnout price will be paid during the first half of 2028. The purchase price will be paid partly in new Koskisen shares and partly in cash upon the completion of the transaction. In the share issue directed for the seller, Iisveden Metsä Oy, 1,000,000 new Koskisen shares, corresponding to approximately 4.3 percent of all the shares of Koskisen, will be transferred to the seller as consideration shares as part of the purchase price. The subscription price of the consideration share in the transaction is €7.3 per share. The subscription price has been determined based on the negotiations between Koskisen and Iisveden Metsä and takes into account the volume-weighted average price of Koskisen’s share before signing of the transaction. The volume-weighted average price of Koskisen’s share on public trading on Nasdaq Helsinki Ltd was €7.13 three months before signing of the transaction, €7.03 six months before signing of the transaction, €7.10 nine months before signing of the transaction and €7.07 twelve months before signing of the transaction. If the consideration shares are not entitled to dividend in 2025, the amount of dividend per share possibly resolved by the General Meeting will be deducted from the subscription price of the consideration share and will be added to the cash part of the purchase price. The cash part of the purchase price to be paid at completion of the transaction, estimated at approximately €15.2 million is financed using Koskisen’s existing cash and cash equivalents. Any earnout will be paid in cash. Iisveden Metsä is committed to a transfer restriction for 15 months from the completion of the transaction, during which the consideration shares may not be transferred. The transaction will be carried out as a business acquisition, including, with certain limited exceptions, the entire business of Iisveden Metsä, including the factory property located in Suonenjoki with machinery and equipment, as well as inventories. The personnel of Iisveden Metsä, approximately 50 people, will be transferred to Koskisen as “old employees”. The transferred business does not include the target company’s receivables, cash and cash equivalents or other financial assets or liabilities. If completed, the transaction will increase Koskisen’s revenue and EBITDA. The transaction is expected to create synergies in raw material sourcing, especially for birch logs, thus supporting the organic growth and profitability of the Panel Industry. The transaction will also have positive effects on the production efficiency and the optimisation of market-specific concepts of Sawn Timber Industry. The completion of the transaction is currently not expected to have an impact on Koskisen’s profit guidance for 2025. For the period ending December 31, 2024, Business operations of Iisveden Metsä Oy reported total revenue of €52.7 million and EBITDA of €1.4 million. The completion of the transaction requires the approval of Finnish and Estonian competition authorities, approval by a qualified majority at the Annual General Meeting of Iisveden Metsä and the fulfilment of certain other ordinary closing conditions. Koskisen expects the transaction to be completed during the first half of 2025.Reported Earnings • Nov 17Third quarter 2024 earnings released: €0.02 loss per share (vs €0.042 loss in 3Q 2023)Third quarter 2024 results: €0.02 loss per share (improved from €0.042 loss in 3Q 2023). Revenue: €68.2m (up 23% from 3Q 2023). Net loss: €446.0k (loss narrowed 54% from 3Q 2023). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Forestry industry in Europe.お知らせ • Oct 15Koskisen Oyj to Report Nine Months, 2024 Results on Oct 15, 2024Koskisen Oyj announced that they will report nine months, 2024 results on Oct 15, 2024お知らせ • Sep 25Koskisen Oyj, Annual General Meeting, May 15, 2025Koskisen Oyj, Annual General Meeting, May 15, 2025.お知らせ • Sep 24+ 3 more updatesKoskisen Oyj to Report First Half, 2025 Results on Aug 18, 2025Koskisen Oyj announced that they will report first half, 2025 results on Aug 18, 2025Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: €0.21 (vs €0.43 in 2Q 2023)Second quarter 2024 results: EPS: €0.21 (down from €0.43 in 2Q 2023). Revenue: €78.4m (up 6.0% from 2Q 2023). Net income: €4.93m (down 50% from 2Q 2023). Profit margin: 6.3% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Forestry industry in Europe.Buy Or Sell Opportunity • Jul 02Now 25% undervaluedOver the last 90 days, the stock has risen 16% to €7.64. The fair value is estimated to be €10.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last year. Earnings per share has declined by 72%. For the next 3 years, revenue is forecast to grow by 9.1% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.お知らせ • Jun 26Koskisen Corporation Appoints Olli Nikitin as General Counsel, Effective 12 August 2024Olli Nikitin (LL.M.) has been appointed General Counsel of Koskisen Corporation. Nikitin will start in his position from 12 August 2024 at the latest. He reported to CEO Jukka Pahta and is a member of the Group Management Team. Nikitin joins Koskisen from a law firm Merilampi, where he has worked as a partner. CV - Olli Nikitin, b. 1981, Master of Laws (LL.M.), Member of the Executive Board from 12 August 2024, Merilampi Attorneys Ltd., Partner 2021-, Specialist Counsel 2018-2021, Senior Associate 2012-2017, Associate 2010-2012, Glaston Corporation, Secondment 2010-2011, Veikko Palotie & Co Ltd., associate 2008-2010.Buy Or Sell Opportunity • Jun 21Now 21% undervaluedOver the last 90 days, the stock has risen 7.2% to €7.00. The fair value is estimated to be €8.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last year. Earnings per share has declined by 72%. For the next 3 years, revenue is forecast to grow by 9.1% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.Buy Or Sell Opportunity • Jun 10Now 21% undervaluedOver the last 90 days, the stock has risen 13% to €7.32. The fair value is estimated to be €9.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last year. Earnings per share has declined by 72%. For the next 3 years, revenue is forecast to grow by 9.1% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.お知らせ • Jun 05Koskisen Expands its Kore Business in PolandThe wood products company Koskisen is expanding its operations and investing approximately EUR 3 million in the Kore business, which manufactures interior solutions for light commercial vehicles. The investment will focus on machinery, such as CNC machines and other needed equipment from the production point of view. The new production unit to be established in Skwierzyna, Poland. The already completed production facilities have been leased for a long-term agreement with a purchase option. With the new production unit, the production facilities of the Kore business will grow from the current 3,000 m3 to 8,000 m3. The new facilities enable scaling of production capacity to more than double. The investment supports the expansion of Kore's product range into new end-uses and the expansion of the current market area. Key market drivers support the investment in the new production unit. Growing logistics volumes, strong growth in e-commerce deliveries and electrification are increasing the demand for light commercial vehicles and wood panels used in their equipment and interior solutions. Kore products, which include floor and lining components, wheel arches and accessories for light commercial vehicles, are manufactured according to customer requirements from plywood and other materials. Koskisen started producing interior solutions for light commercial vehicles under the Kore brand in Toporów, Poland, in 2010. The production unit currently employs about 70 people. The personnel requirement for the new unit to be established in Skwierzyna is approximately 30–40 employees. The Kore business is part of the Panel Industry segment.Reported Earnings • May 19First quarter 2024 earnings released: EPS: €0.10 (vs €0.38 in 1Q 2023)First quarter 2024 results: EPS: €0.10 (down from €0.38 in 1Q 2023). Revenue: €64.2m (down 13% from 1Q 2023). Net income: €2.26m (down 74% from 1Q 2023). Profit margin: 3.5% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Forestry industry in Europe.Upcoming Dividend • May 10Upcoming dividend of €0.32 per shareEligible shareholders must have bought the stock before 17 May 2024. Payment date: 27 May 2024. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.2%).Reported Earnings • Apr 23Full year 2023 earnings released: EPS: €0.88 (vs €2.48 in FY 2022)Full year 2023 results: EPS: €0.88 (down from €2.48 in FY 2022). Revenue: €271.5m (down 15% from FY 2022). Net income: €20.2m (down 49% from FY 2022). Profit margin: 7.5% (down from 13% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Forestry industry in Europe.お知らせ • Apr 14Koskisen Corporation Proposes Dividend for the Financial Year of 2023, Payable on 27 May 2024Koskisen Corporation at its Annual General Meeting to be held on 16 May 2024, proposed dividend of EUR 0.32 per share shall be paid based on the adopted balance sheet regarding the financial year of 2023 and that the profit shall be recorded in retained earnings. The record date for the payment of the dividend is 20 May 2024 and the dividend shall be paid on 27 May 2024.Declared Dividend • Apr 14Dividend reduced to €0.32Dividend of €0.32 is 26% lower than last year. Ex-date: 17th May 2024 Payment date: 27th May 2024 Dividend yield will be 4.6%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (36% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 20Full year 2023 earnings released: EPS: €0.88 (vs €2.48 in FY 2022)Full year 2023 results: EPS: €0.88 (down from €2.48 in FY 2022). Revenue: €275.3m (down 13% from FY 2022). Net income: €20.2m (down 49% from FY 2022). Profit margin: 7.3% (down from 13% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Forestry industry in Europe.New Risk • Nov 19New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.1% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.6% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (126% cash payout ratio). Profit margins are more than 30% lower than last year (8.1% net profit margin).お知らせ • Nov 18Koskisen Oyj Reaffirms Revenue Guidance for the Year 2023Koskisen Oyj reaffirmed revenue guidance for the year 2023. Koskisen’s revenue for 2023 is not expected to exceed the level of 2022.Buying Opportunity • Oct 26Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.5%. The fair value is estimated to be €7.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last year. Earnings per share has declined by 55%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings is forecast to decline by 13% per annum over the same time period.お知らせ • Sep 14+ 4 more updatesKoskisen Oyj, Annual General Meeting, May 16, 2024Koskisen Oyj, Annual General Meeting, May 16, 2024.お知らせ • Aug 25Koskisen Oyj Reaffirms Earnings Guidance for the Year 2023Koskisen Oyj reaffirmed earnings guidance for the year 2023. The company’s profit guidance for 2023 unchanged (published on 16 March 2023). The company’s revenue for 2023 is not expected to exceed the level of 2022.Board Change • Jul 26Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Hanna Sievinen was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Dec 16+ 1 more updateKoskisen Oyj to Report First Half, 2023 Results on Aug 25, 2023Koskisen Oyj announced that they will report first half, 2023 results on Aug 25, 2023株主還元EZ8DE ForestryDE 市場7D-1.0%4.3%0.1%1Y-5.3%-7.0%-0.5%株主還元を見る業界別リターン: EZ8過去 1 年間で-7 % の収益を上げたGerman Forestry業界を上回りました。リターン対市場: EZ8は、過去 1 年間で-0.5 % のリターンを上げたGerman市場を下回りました。価格変動Is EZ8's price volatile compared to industry and market?EZ8 volatilityEZ8 Average Weekly Movement10.1%Forestry Industry Average Movement3.8%Market Average Movement5.3%10% most volatile stocks in DE Market12.7%10% least volatile stocks in DE Market2.7%安定した株価: EZ8の株価は、 German市場と比較して過去 3 か月間で変動しています。時間の経過による変動: EZ8の weekly volatility ( 10% ) は過去 1 年間安定していますが、依然としてGermanの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19091,030Jukka Pahtakoskisen.fiKoskisen Oyjは、フィンランド、日本、ドイツ、ポーランド、その他ヨーロッパ諸国、および国際的に木材産業を展開している。2つのセグメントで事業を展開している：製材産業とパネル産業である。同社は、製材、合板、チップボード、薄板合板、単板、チップボード、ゼロ家具用ボード、パーティクルボード製品を加工・生産している。また、Koreブランドで小型実用車の内装ソリューションも提供している。Koskisen Oyjは1909年に設立され、本社はフィンランドのカルコラにある。もっと見るKoskisen Oyj 基礎のまとめKoskisen Oyj の収益と売上を時価総額と比較するとどうか。EZ8 基礎統計学時価総額€205.28m収益（TTM）€5.33m売上高(TTM)€373.92m38.5xPER（株価収益率0.5xP/SレシオEZ8 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計EZ8 損益計算書（TTM）収益€373.92m売上原価€243.98m売上総利益€129.95mその他の費用€124.62m収益€5.33m直近の収益報告Mar 31, 2026次回決算日Aug 13, 2026一株当たり利益（EPS）0.22グロス・マージン34.75%純利益率1.43%有利子負債／自己資本比率28.4%EZ8 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.6%現在の配当利回り63%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/23 00:46終値2026/07/23 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Koskisen Oyj 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Antti-Pekka ViljakainenInderes OyEemeli OikarainenInderes OyJoni SandvallNordea Markets
Reported Earnings • May 20First quarter 2026 earnings released: EPS: €0.04 (vs €0.18 in 1Q 2025)First quarter 2026 results: EPS: €0.04 (down from €0.18 in 1Q 2025). Revenue: €105.5m (up 22% from 1Q 2025). Net income: €896.0k (down 79% from 1Q 2025). Profit margin: 0.8% (down from 4.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 24+ 1 more updateKoskisen Oyj Announce Dividend for the Financial Year of 2025, Payable on 5 May 2026Koskisen Corporation at its Annual General Meeting held on April 23, 2026, announced that a dividend of EUR 0.14 per share shall be paid based on the adopted balance sheet regarding the financial year 2025 and that the profit shall be recorded in retained earnings. The record date for the payment of the dividend is 27 April 2026 and the dividend shall be paid on 5 May 2026.
お知らせ • Feb 14+ 1 more updateKoskisen Oyj Provides Group Earnings Guidance for the Fiscal Year 2026Koskisen Oyj provided group earnings guidance for the fiscal year 2026. For the period, the Group’s revenue for 2026 is expected to increase from the level of 2025.
お知らせ • Jan 02Koskisen Oyj(HLSE:KOSKI) dropped from OMX Nordic Small Cap IndexKoskisen Oyj removed from OMX Nordic Small Cap Index.
お知らせ • Nov 19Koskisen Oyj to Report Nine Months, 2026 Results on Nov 12, 2026Koskisen Oyj announced that they will report nine months, 2026 results on Nov 12, 2026
お知らせ • Nov 12+ 3 more updatesKoskisen Oyj to Report First Half, 2026 Results on Aug 13, 2026Koskisen Oyj announced that they will report first half, 2026 results on Aug 13, 2026
Reported Earnings • May 20First quarter 2026 earnings released: EPS: €0.04 (vs €0.18 in 1Q 2025)First quarter 2026 results: EPS: €0.04 (down from €0.18 in 1Q 2025). Revenue: €105.5m (up 22% from 1Q 2025). Net income: €896.0k (down 79% from 1Q 2025). Profit margin: 0.8% (down from 4.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 24+ 1 more updateKoskisen Oyj Announce Dividend for the Financial Year of 2025, Payable on 5 May 2026Koskisen Corporation at its Annual General Meeting held on April 23, 2026, announced that a dividend of EUR 0.14 per share shall be paid based on the adopted balance sheet regarding the financial year 2025 and that the profit shall be recorded in retained earnings. The record date for the payment of the dividend is 27 April 2026 and the dividend shall be paid on 5 May 2026.
お知らせ • Feb 14+ 1 more updateKoskisen Oyj Provides Group Earnings Guidance for the Fiscal Year 2026Koskisen Oyj provided group earnings guidance for the fiscal year 2026. For the period, the Group’s revenue for 2026 is expected to increase from the level of 2025.
お知らせ • Jan 02Koskisen Oyj(HLSE:KOSKI) dropped from OMX Nordic Small Cap IndexKoskisen Oyj removed from OMX Nordic Small Cap Index.
お知らせ • Nov 19Koskisen Oyj to Report Nine Months, 2026 Results on Nov 12, 2026Koskisen Oyj announced that they will report nine months, 2026 results on Nov 12, 2026
お知らせ • Nov 12+ 3 more updatesKoskisen Oyj to Report First Half, 2026 Results on Aug 13, 2026Koskisen Oyj announced that they will report first half, 2026 results on Aug 13, 2026
お知らせ • Oct 02Koskisen Oyj, Annual General Meeting, Apr 23, 2026Koskisen Oyj, Annual General Meeting, Apr 23, 2026.
お知らせ • Aug 18Koskisen Oyj Provides Unchanged Earnings Guidance for the Fiscal Year 2025Koskisen Oyj provided unchanged earnings guidance for the fiscal year 2025. For the period, the Group’s revenue for 2025 is expected to grow from the level of 2024.
お知らせ • May 15Koskisen Oyj Approves Dividend for Financial Year 2024, Payable on 26 May 2025Koskisen Oyj at its AGM held on May 15, 2025 approved dividend of EUR 0.12 per share shall be paid based on the adopted balance sheet regarding the financial year 2024 and that the profit shall be recorded in retained earnings. The record date for the payment of the dividend is 19 May 2025 and the dividend shall be paid on 26 May 2025.
お知らせ • May 12Koskisen Launches a New Thin Perterwood Product, Zero ThinPlyKoskisen announced launching a new thin plywood product, Zero ThinPly, made entirely from bio-based materials, containing no added formaldehyde, phenolic compounds, or urea. This fossil-free thin plywood responds to customers' increasing demands for a broader range of fully bio-based material options. The bio-bonded thin plywood is intended for indoor use, for example in laser-cut design products such as lamps, jewelry, and various interior decoration items, where Koskisen's traditional thin plywood is already widely used. It is particularly well-suited for indoor air-critical applications, where strict formaldehyde emission limits apply. The new bio-based adhesive is non-toxic and shows virtually no difference in strength compared to traditional adhesives. Strength values achieved in dry conditions for the bio-bonded Zero ThinPly match those of conventionally bonded products. The adhesive used in Zero ThinPly has been developed in collaboration with Plantics, a company specializing in bio-based plastics and binders. Previously, the Zero product family introduced the Zero Furniture Board, the world's first particleboard made entirely from bio-based material. The wood raw material for the Zero Furniture Board comes from Koskisen's own production side streams, and lignin, a wood-derived binder, is used as its adhesive. The main source of emissions in plywood and chipboard products is the production of fossil-based adhesives. Koskisen's sustainability program commits to reducing emissions from its own operations and value chain. The increased use of bio-based binders in panel products advances the achievement of the goal.
お知らせ • Apr 13Koskisen Corporation Announces Eva Wathén and Kari Koskinen Not Available for Election as Members of Board of DirectorsKoskisen Corporation at its Annual General Meeting to be held on 15 May 2025, announced that of the current members of the Board of Directors, Eva Wathén and Kari Koskinen have informed that they are not available for election of members of the Board of Directors.
お知らせ • Apr 10Koskisen Corporation Proposes Dividend for the Financial Year 2024, Payable on 26 May 2025Koskisen Corporation at its Annual General Meeting to be held on 15 May 2025, proposed dividend of EUR 0.12 per share shall be paid based on the adopted balance sheet regarding the financial year of 2024 and that the profit shall be recorded in retained earnings. The record date for the payment of the dividend is 19 May 2025 and the dividend shall be paid on 26 May 2025.
お知らせ • Mar 12Koskisen Oyj (HLSE:KOSKI) agreed to acquire Business operations of Iisveden Metsä Oy from Iisveden Metsa Oy for €26.5 million.Koskisen Oyj (HLSE:KOSKI) agreed to acquire Business operations of Iisveden Metsä Oy from Iisveden Metsa Oy for €26.5 million on March 10, 2025. The debt-free purchase price of the transaction is €22.5 million and its cash part will be adjusted at the time of the completion of the transaction by a net working capital adjustment, which is not expected to be significant. In addition, Koskisen will pay the seller a maximum earnout of €4 million if the conditions specified for the payment of the earnout, mainly related to sales price of sawn timber, are met during 2025–2027. Any earnout price will be paid during the first half of 2028. The purchase price will be paid partly in new Koskisen shares and partly in cash upon the completion of the transaction. In the share issue directed for the seller, Iisveden Metsä Oy, 1,000,000 new Koskisen shares, corresponding to approximately 4.3 percent of all the shares of Koskisen, will be transferred to the seller as consideration shares as part of the purchase price. The subscription price of the consideration share in the transaction is €7.3 per share. The subscription price has been determined based on the negotiations between Koskisen and Iisveden Metsä and takes into account the volume-weighted average price of Koskisen’s share before signing of the transaction. The volume-weighted average price of Koskisen’s share on public trading on Nasdaq Helsinki Ltd was €7.13 three months before signing of the transaction, €7.03 six months before signing of the transaction, €7.10 nine months before signing of the transaction and €7.07 twelve months before signing of the transaction. If the consideration shares are not entitled to dividend in 2025, the amount of dividend per share possibly resolved by the General Meeting will be deducted from the subscription price of the consideration share and will be added to the cash part of the purchase price. The cash part of the purchase price to be paid at completion of the transaction, estimated at approximately €15.2 million is financed using Koskisen’s existing cash and cash equivalents. Any earnout will be paid in cash. Iisveden Metsä is committed to a transfer restriction for 15 months from the completion of the transaction, during which the consideration shares may not be transferred. The transaction will be carried out as a business acquisition, including, with certain limited exceptions, the entire business of Iisveden Metsä, including the factory property located in Suonenjoki with machinery and equipment, as well as inventories. The personnel of Iisveden Metsä, approximately 50 people, will be transferred to Koskisen as “old employees”. The transferred business does not include the target company’s receivables, cash and cash equivalents or other financial assets or liabilities. If completed, the transaction will increase Koskisen’s revenue and EBITDA. The transaction is expected to create synergies in raw material sourcing, especially for birch logs, thus supporting the organic growth and profitability of the Panel Industry. The transaction will also have positive effects on the production efficiency and the optimisation of market-specific concepts of Sawn Timber Industry. The completion of the transaction is currently not expected to have an impact on Koskisen’s profit guidance for 2025. For the period ending December 31, 2024, Business operations of Iisveden Metsä Oy reported total revenue of €52.7 million and EBITDA of €1.4 million. The completion of the transaction requires the approval of Finnish and Estonian competition authorities, approval by a qualified majority at the Annual General Meeting of Iisveden Metsä and the fulfilment of certain other ordinary closing conditions. Koskisen expects the transaction to be completed during the first half of 2025.
Reported Earnings • Nov 17Third quarter 2024 earnings released: €0.02 loss per share (vs €0.042 loss in 3Q 2023)Third quarter 2024 results: €0.02 loss per share (improved from €0.042 loss in 3Q 2023). Revenue: €68.2m (up 23% from 3Q 2023). Net loss: €446.0k (loss narrowed 54% from 3Q 2023). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Forestry industry in Europe.
お知らせ • Oct 15Koskisen Oyj to Report Nine Months, 2024 Results on Oct 15, 2024Koskisen Oyj announced that they will report nine months, 2024 results on Oct 15, 2024
お知らせ • Sep 25Koskisen Oyj, Annual General Meeting, May 15, 2025Koskisen Oyj, Annual General Meeting, May 15, 2025.
お知らせ • Sep 24+ 3 more updatesKoskisen Oyj to Report First Half, 2025 Results on Aug 18, 2025Koskisen Oyj announced that they will report first half, 2025 results on Aug 18, 2025
Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: €0.21 (vs €0.43 in 2Q 2023)Second quarter 2024 results: EPS: €0.21 (down from €0.43 in 2Q 2023). Revenue: €78.4m (up 6.0% from 2Q 2023). Net income: €4.93m (down 50% from 2Q 2023). Profit margin: 6.3% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Forestry industry in Europe.
Buy Or Sell Opportunity • Jul 02Now 25% undervaluedOver the last 90 days, the stock has risen 16% to €7.64. The fair value is estimated to be €10.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last year. Earnings per share has declined by 72%. For the next 3 years, revenue is forecast to grow by 9.1% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.
お知らせ • Jun 26Koskisen Corporation Appoints Olli Nikitin as General Counsel, Effective 12 August 2024Olli Nikitin (LL.M.) has been appointed General Counsel of Koskisen Corporation. Nikitin will start in his position from 12 August 2024 at the latest. He reported to CEO Jukka Pahta and is a member of the Group Management Team. Nikitin joins Koskisen from a law firm Merilampi, where he has worked as a partner. CV - Olli Nikitin, b. 1981, Master of Laws (LL.M.), Member of the Executive Board from 12 August 2024, Merilampi Attorneys Ltd., Partner 2021-, Specialist Counsel 2018-2021, Senior Associate 2012-2017, Associate 2010-2012, Glaston Corporation, Secondment 2010-2011, Veikko Palotie & Co Ltd., associate 2008-2010.
Buy Or Sell Opportunity • Jun 21Now 21% undervaluedOver the last 90 days, the stock has risen 7.2% to €7.00. The fair value is estimated to be €8.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last year. Earnings per share has declined by 72%. For the next 3 years, revenue is forecast to grow by 9.1% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.
Buy Or Sell Opportunity • Jun 10Now 21% undervaluedOver the last 90 days, the stock has risen 13% to €7.32. The fair value is estimated to be €9.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last year. Earnings per share has declined by 72%. For the next 3 years, revenue is forecast to grow by 9.1% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.
お知らせ • Jun 05Koskisen Expands its Kore Business in PolandThe wood products company Koskisen is expanding its operations and investing approximately EUR 3 million in the Kore business, which manufactures interior solutions for light commercial vehicles. The investment will focus on machinery, such as CNC machines and other needed equipment from the production point of view. The new production unit to be established in Skwierzyna, Poland. The already completed production facilities have been leased for a long-term agreement with a purchase option. With the new production unit, the production facilities of the Kore business will grow from the current 3,000 m3 to 8,000 m3. The new facilities enable scaling of production capacity to more than double. The investment supports the expansion of Kore's product range into new end-uses and the expansion of the current market area. Key market drivers support the investment in the new production unit. Growing logistics volumes, strong growth in e-commerce deliveries and electrification are increasing the demand for light commercial vehicles and wood panels used in their equipment and interior solutions. Kore products, which include floor and lining components, wheel arches and accessories for light commercial vehicles, are manufactured according to customer requirements from plywood and other materials. Koskisen started producing interior solutions for light commercial vehicles under the Kore brand in Toporów, Poland, in 2010. The production unit currently employs about 70 people. The personnel requirement for the new unit to be established in Skwierzyna is approximately 30–40 employees. The Kore business is part of the Panel Industry segment.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: €0.10 (vs €0.38 in 1Q 2023)First quarter 2024 results: EPS: €0.10 (down from €0.38 in 1Q 2023). Revenue: €64.2m (down 13% from 1Q 2023). Net income: €2.26m (down 74% from 1Q 2023). Profit margin: 3.5% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Forestry industry in Europe.
Upcoming Dividend • May 10Upcoming dividend of €0.32 per shareEligible shareholders must have bought the stock before 17 May 2024. Payment date: 27 May 2024. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.2%).
Reported Earnings • Apr 23Full year 2023 earnings released: EPS: €0.88 (vs €2.48 in FY 2022)Full year 2023 results: EPS: €0.88 (down from €2.48 in FY 2022). Revenue: €271.5m (down 15% from FY 2022). Net income: €20.2m (down 49% from FY 2022). Profit margin: 7.5% (down from 13% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Forestry industry in Europe.
お知らせ • Apr 14Koskisen Corporation Proposes Dividend for the Financial Year of 2023, Payable on 27 May 2024Koskisen Corporation at its Annual General Meeting to be held on 16 May 2024, proposed dividend of EUR 0.32 per share shall be paid based on the adopted balance sheet regarding the financial year of 2023 and that the profit shall be recorded in retained earnings. The record date for the payment of the dividend is 20 May 2024 and the dividend shall be paid on 27 May 2024.
Declared Dividend • Apr 14Dividend reduced to €0.32Dividend of €0.32 is 26% lower than last year. Ex-date: 17th May 2024 Payment date: 27th May 2024 Dividend yield will be 4.6%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (36% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 20Full year 2023 earnings released: EPS: €0.88 (vs €2.48 in FY 2022)Full year 2023 results: EPS: €0.88 (down from €2.48 in FY 2022). Revenue: €275.3m (down 13% from FY 2022). Net income: €20.2m (down 49% from FY 2022). Profit margin: 7.3% (down from 13% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Forestry industry in Europe.
New Risk • Nov 19New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.1% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.6% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (126% cash payout ratio). Profit margins are more than 30% lower than last year (8.1% net profit margin).
お知らせ • Nov 18Koskisen Oyj Reaffirms Revenue Guidance for the Year 2023Koskisen Oyj reaffirmed revenue guidance for the year 2023. Koskisen’s revenue for 2023 is not expected to exceed the level of 2022.
Buying Opportunity • Oct 26Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.5%. The fair value is estimated to be €7.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last year. Earnings per share has declined by 55%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings is forecast to decline by 13% per annum over the same time period.
お知らせ • Sep 14+ 4 more updatesKoskisen Oyj, Annual General Meeting, May 16, 2024Koskisen Oyj, Annual General Meeting, May 16, 2024.
お知らせ • Aug 25Koskisen Oyj Reaffirms Earnings Guidance for the Year 2023Koskisen Oyj reaffirmed earnings guidance for the year 2023. The company’s profit guidance for 2023 unchanged (published on 16 March 2023). The company’s revenue for 2023 is not expected to exceed the level of 2022.
Board Change • Jul 26Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Hanna Sievinen was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 16+ 1 more updateKoskisen Oyj to Report First Half, 2023 Results on Aug 25, 2023Koskisen Oyj announced that they will report first half, 2023 results on Aug 25, 2023
