View ValuationNoHo Partners Oyj 将来の成長Future 基準チェック /36NoHo Partners Oyj利益と収益がそれぞれ年間18.5%と4.9%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に13.6% 20.5%なると予測されています。主要情報18.5%収益成長率20.46%EPS成長率Hospitality 収益成長20.9%収益成長率4.9%将来の株主資本利益率13.62%アナリストカバレッジLow最終更新日06 May 2026今後の成長に関する最新情報Price Target Changed • Nov 10Price target decreased by 13% to €9.30Down from €10.70, the current price target is an average from 2 analysts. New target price is 20% above last closing price of €7.76. Stock is up 9.3% over the past year. The company is forecast to post earnings per share of €1.52 for next year compared to €0.54 last year.分析記事 • Aug 08NoHo Partners Oyj Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedHLSE:NOHO 1 Year Share Price vs Fair Value Explore NoHo Partners Oyj's Fair Values from the Community and select yours...Price Target Changed • May 12Price target increased by 11% to €11.87Up from €10.70, the current price target is an average from 3 analysts. New target price is 23% above last closing price of €9.68. Stock is up 20% over the past year. The company is forecast to post earnings per share of €1.78 for next year compared to €0.54 last year.分析記事 • May 09NoHo Partners Oyj Just Missed Earnings - But Analysts Have Updated Their ModelsThe analysts might have been a bit too bullish on NoHo Partners Oyj ( HEL:NOHO ), given that the company fell short of...Major Estimate Revision • May 06Consensus EPS estimates increase by 34%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €438.7m to €418.2m. EPS estimate rose from €1.03 to €1.37. Net income forecast to grow 120% next year vs 18% growth forecast for Hospitality industry in Finland. Consensus price target of €10.70 unchanged from last update. Share price was steady at €9.45 over the past week.Major Estimate Revision • Apr 07Consensus EPS estimates increase by 37%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €460.1m to €438.7m. EPS estimate rose from €0.75 to €1.03. Net income forecast to grow 91% next year vs 15% growth forecast for Hospitality industry in Finland. Consensus price target of €10.70 unchanged from last update. Share price fell 3.5% to €8.65 over the past week.すべての更新を表示Recent updatesDeclared Dividend • May 17First quarter dividend of €0.08 announcedShareholders will receive a dividend of €0.08. Ex-date: 11th August 2026 Payment date: 19th August 2026 Dividend yield will be 4.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 75% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 06First quarter 2026 earnings released: EPS: €0.01 (vs €0.009 loss in 1Q 2025)First quarter 2026 results: EPS: €0.01 (up from €0.009 loss in 1Q 2025). Revenue: €83.6m (up 8.3% from 1Q 2025). Net income: €300.0k (up €500.0k from 1Q 2025). Profit margin: 0.4% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 30Upcoming dividend of €0.07 per shareEligible shareholders must have bought the stock before 07 May 2026. Payment date: 15 May 2026. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Finnish dividend payers (5.4%). In line with average of industry peers (3.2%).お知らせ • Apr 16+ 1 more updateNoHo Partners Oyj Approves Dividend for the Financial Period Ended 31 December 2025, Payable on 15 May 2026, 19 August 2026, and 18 November 2026NoHo Partners Oyj at its Annual General Meeting 2026 was held on 15 April 2026, The AGM approved the Board of Directors’ proposal that a dividend of EUR 0.23 (EUR 0.46) per share shall be paid based on the adopted balance sheet of the financial period ending on 31 December 2025. The dividend shall be paid in three instalments. The first instalment of EUR 0.07 per share shall be paid to a shareholder who is registered in the shareholder register of the Company maintained by Euroclear Finland Oy on the dividend record date 8 May 2026. The payment date for this instalment is 15 May 2026. The second instalment of EUR 0.08 per share shall be paid to a shareholder who is registered in the shareholder register of the Company maintained by Euroclear Finland Oy on the dividend record date 12 August 2026. The payment date for this instalment is 19 August 2026. The third instalment of EUR 0.08 per share shall be paid to a shareholder who is registered in the shareholder register of the Company maintained by Euroclear Finland Oy on the dividend record date 11 November 2026. The payment date for this instalment is 18 November 2026.Reported Earnings • Mar 24Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: €0.43 (up from €0.37 in FY 2024). Revenue: €358.0m (up 3.1% from FY 2024). Net income: €9.10m (up 17% from FY 2024). Profit margin: 2.5% (up from 2.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Mar 20Noho Partners Oyj Announces Non- Availability for Re-Election of Petri Olkinuora as Member of the Board of DirectorsNoHo Partners Plc’s at the Annual General Meeting convening on 15 April 2026 announced that the current member of the Board of Directors Petri Olkinuora has served on the company's Board of Directors for 13 years and is not available for re-election.分析記事 • Feb 18We Think You Can Look Beyond NoHo Partners Oyj's (HEL:NOHO) Lackluster EarningsThe most recent earnings report from NoHo Partners Oyj ( HEL:NOHO ) was disappointing for shareholders. However, our...Reported Earnings • Feb 12Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: €1.55. Revenue: €365.1m (down 14% from FY 2024). Net income: €9.10m (down 20% from FY 2024). Profit margin: 2.5% (in line with FY 2024). Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Hospitality industry in Europe.New Risk • Nov 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings are forecast to decline by an average of 2.7% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€95k sold).Price Target Changed • Nov 10Price target decreased by 13% to €9.30Down from €10.70, the current price target is an average from 2 analysts. New target price is 20% above last closing price of €7.76. Stock is up 9.3% over the past year. The company is forecast to post earnings per share of €1.52 for next year compared to €0.54 last year.お知らせ • Nov 04NoHo Partners Oyj, Annual General Meeting, Apr 15, 2026NoHo Partners Oyj, Annual General Meeting, Apr 15, 2026. Location: tampere Finland分析記事 • Nov 04NoHo Partners Oyj (HEL:NOHO) Is Paying Out A Larger Dividend Than Last YearNoHo Partners Oyj ( HEL:NOHO ) will increase its dividend from last year's comparable payment on the 13th of November...お知らせ • Nov 04+ 3 more updatesNoHo Partners Oyj to Report Nine Months, 2026 Results on Nov 03, 2026NoHo Partners Oyj announced that they will report nine months, 2026 results on Nov 03, 2026Upcoming Dividend • Oct 29Upcoming dividend of €0.16 per shareEligible shareholders must have bought the stock before 05 November 2025. Payment date: 13 November 2025. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Finnish dividend payers (5.9%). Higher than average of industry peers (3.0%).Recent Insider Transactions • Sep 23Founder & Chairman recently sold €95k worth of stockOn the 17th of September, Timo Rainer sold around 10k shares on-market at roughly €9.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Timo's only on-market trade for the last 12 months.分析記事 • Sep 15NoHo Partners Oyj (HEL:NOHO) Is Increasing Its Dividend To €0.16NoHo Partners Oyj ( HEL:NOHO ) has announced that it will be increasing its dividend from last year's comparable...分析記事 • Aug 19NoHo Partners Oyj's (HEL:NOHO) Dividend Will Be Increased To €0.16The board of NoHo Partners Oyj ( HEL:NOHO ) has announced that it will be paying its dividend of €0.16 on the 13th of...Declared Dividend • Aug 15Second quarter dividend of €0.16 announcedShareholders will receive a dividend of €0.16. Ex-date: 5th November 2025 Payment date: 13th November 2025 Dividend yield will be 5.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (74% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 7.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 1.1% over the next 3 years. However, it would need to fall by 18% to increase the payout ratio to a potentially unsustainable range.分析記事 • Aug 08NoHo Partners Oyj Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedHLSE:NOHO 1 Year Share Price vs Fair Value Explore NoHo Partners Oyj's Fair Values from the Community and select yours...New Risk • Aug 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.03% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings are forecast to decline by an average of 0.03% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 05Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: €1.15. Revenue: €89.5m (down 16% from 2Q 2024). Net income: €1.80m (down 18% from 2Q 2024). Profit margin: 2.0% (down from 2.1% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 8.1%. Earnings per share (EPS) also missed analyst estimates by 4.2%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Hospitality industry in Europe.分析記事 • Aug 05NoHo Partners Oyj (HEL:NOHO) Has Announced A Dividend Of €0.15The board of NoHo Partners Oyj ( HEL:NOHO ) has announced that it will pay a dividend on the 14th of August, with...お知らせ • Aug 05NoHo Partners Oyj (HLSE:NOHO) agreed to acquire Smoothie Heaven Oy.NoHo Partners Oyj (HLSE:NOHO) agreed to acquire Smoothie Heaven Oy on August 4, 2025. The transaction is subject to approval of The Finnish Competition and Consumer Authority. According to the Competition Act, mergers that exceed certain turnover thresholds must be notified to the KKV, and the merger must not be implemented before it has been approved by the KKV.Upcoming Dividend • Jul 30Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 06 August 2025. Payment date: 14 August 2025. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Finnish dividend payers (5.9%). Higher than average of industry peers (2.8%).Declared Dividend • May 16First quarter dividend of €0.15 announcedShareholders will receive a dividend of €0.15. Ex-date: 6th August 2025 Payment date: 14th August 2025 Dividend yield will be 4.8%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 7.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 3.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • May 15NoHo Partners Oyj's (HEL:NOHO) Strong Earnings Are Of Good QualityEven though NoHo Partners Oyj's ( HEL:NOHO ) recent earnings release was robust, the market didn't seem to notice. Our...Price Target Changed • May 12Price target increased by 11% to €11.87Up from €10.70, the current price target is an average from 3 analysts. New target price is 23% above last closing price of €9.68. Stock is up 20% over the past year. The company is forecast to post earnings per share of €1.78 for next year compared to €0.54 last year.分析記事 • May 09NoHo Partners Oyj Just Missed Earnings - But Analysts Have Updated Their ModelsThe analysts might have been a bit too bullish on NoHo Partners Oyj ( HEL:NOHO ), given that the company fell short of...Reported Earnings • May 07First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: €0.04 (up from €0.03 loss in 1Q 2024). Revenue: €101.3m (up 8.3% from 1Q 2024). Net income: €800.0k (up €1.40m from 1Q 2024). Profit margin: 0.8% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 93%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • May 06Consensus EPS estimates increase by 34%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €438.7m to €418.2m. EPS estimate rose from €1.03 to €1.37. Net income forecast to grow 120% next year vs 18% growth forecast for Hospitality industry in Finland. Consensus price target of €10.70 unchanged from last update. Share price was steady at €9.45 over the past week.Upcoming Dividend • Apr 30Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 07 May 2025. Payment date: 15 May 2025. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 4.9%. Lower than top quartile of Finnish dividend payers (6.1%). Higher than average of industry peers (3.1%).分析記事 • Apr 17NoHo Partners Oyj (HEL:NOHO) Has Announced A Dividend Of €0.15NoHo Partners Oyj ( HEL:NOHO ) will pay a dividend of €0.15 on the 15th of May. This takes the dividend yield to 5.0...お知らせ • Apr 09+ 1 more updateNoHo Partners Oyj Approves Dividend for the Financial Period Ended 31 December 2024, Payable on 15 May 2025, 14 August 2025 and 13 November 2025NoHo Partners Oyj announced that at its AGM held on 9 April 2025, The AGM approved the board of directors' proposal that a dividend of EUR 0.46 (0.43) per share shall be paid based on the adopted balance sheet of the financial period ended on 31 December 2024. The dividend shall be paid in three instalments. The first instalment of EUR 0.15 per share shall be paid to a shareholder who is registered in the shareholder register of the Company maintained by Euroclear Finland Oy on the dividend record date 8 May 2025. The payment date for this instalment is 15 May 2025. The second instalment of EUR 0.15 per share shall be paid to a shareholder who is registered in the shareholder register of the Company maintained by Euroclear Finland Oy on the dividend record date 7 August 2025. The payment date for this instalment is 14 August 2025. The third instalment of EUR 0.16 per share shall be paid to a shareholder who is registered in the shareholder register of the Company maintained by Euroclear Finland Oy on the dividend record date 6 November 2025. The payment date for this instalment is 13 November 2025.Major Estimate Revision • Apr 07Consensus EPS estimates increase by 37%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €460.1m to €438.7m. EPS estimate rose from €0.75 to €1.03. Net income forecast to grow 91% next year vs 15% growth forecast for Hospitality industry in Finland. Consensus price target of €10.70 unchanged from last update. Share price fell 3.5% to €8.65 over the past week.分析記事 • Apr 03NoHo Partners Oyj (HEL:NOHO) Will Pay A Dividend Of €0.15The board of NoHo Partners Oyj ( HEL:NOHO ) has announced that it will pay a dividend of €0.15 per share on the 15th of...お知らせ • Apr 03Intera Partners Oy have agreed on an arrangement to acquire an additional unknown minority stake in Better Burger Society from NoHo Partners Oyj (HLSE:NOHO).Intera Partners Oy have agreed on an arrangement to acquire an additional unknown minority stake in Better Burger Society from NoHo Partners Oyj (HLSE:NOHO) on April 1, 2025. Jarno Suominen will continue to be active owners and serve on the Board of Directors of Better Burger Society. Operational cooperation will also continue unchanged. As of 1 April 2025, Better Burger Society will no longer be NoHo Partners group’s subgroup, but will instead be consolidated into NoHo Partners group as an associated company. NoHo Partners’ voting rights in Better Burger Society will drop to 49.6%, with NoHo Partners continuing to be the largest owner of the company with a holding of 50.7%. The transaction is subject to approval by the Finnish Competition and Consumer Authority. For the period ending December 31, 2024, Better Burger Society reported total revenue of €80 million.Reported Earnings • Mar 20Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: €0.54 (up from €0.38 in FY 2023). Revenue: €427.1m (up 15% from FY 2023). Net income: €11.3m (up 43% from FY 2023). Profit margin: 2.6% (up from 2.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 17NoHo Partners Oyj (HEL:NOHO) Will Pay A Dividend Of €0.15The board of NoHo Partners Oyj ( HEL:NOHO ) has announced that it will pay a dividend on the 15th of May, with...Price Target Changed • Mar 06Price target increased by 8.4% to €11.45Up from €10.57, the current price target is an average from 3 analysts. New target price is 23% above last closing price of €9.34. Stock is up 16% over the past year. The company is forecast to post earnings per share of €0.75 for next year compared to €0.54 last year.お知らせ • Mar 05Noho Partners OYJ Ordinary Shares to Be Deleted from OTC EquityNoho Partners OYJ Ordinary Shares (Finland) will be deleted from OTC Equity effective March 04, 2025, due to Inactive Security.分析記事 • Mar 01NoHo Partners Oyj (HEL:NOHO) Is Due To Pay A Dividend Of €0.15NoHo Partners Oyj ( HEL:NOHO ) will pay a dividend of €0.15 on the 15th of May. This will take the annual payment to...Declared Dividend • Feb 28Dividend of €0.15 announcedShareholders will receive a dividend of €0.15. Ex-date: 7th May 2025 Payment date: 15th May 2025 Dividend yield will be 4.7%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Feb 13Price target increased by 10% to €10.58Up from €9.60, the current price target is an average from 2 analysts. New target price is 15% above last closing price of €9.18. Stock is up 12% over the past year. The company is forecast to post earnings per share of €0.73 for next year compared to €0.54 last year.Reported Earnings • Feb 13Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: €0.54 (up from €0.38 in FY 2023). Revenue: €434.4m (up 17% from FY 2023). Net income: €11.3m (up 43% from FY 2023). Profit margin: 2.6% (up from 2.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 13+ 1 more updateNoho Partners Oyj Provides Earnings Guidance for Financial Year 2025NoHo Partners Oyj provided earnings guidance for financial year 2025. For the period, the company estimates that the EBIT margin of Finnish operations will remain at the current good level, and the Group's earnings per share will increase.お知らせ • Feb 12NoHo Partners Oyj to Report Fiscal Year 2024 Final Results on Mar 19, 2025NoHo Partners Oyj announced that they will report fiscal year 2024 final results on Mar 19, 2025Price Target Changed • Jan 28Price target increased by 10% to €10.57Up from €9.60, the current price target is an average from 3 analysts. New target price is 32% above last closing price of €8.00. Stock is down 5.0% over the past year. The company is forecast to post earnings per share of €0.48 for next year compared to €0.38 last year.分析記事 • Nov 13We Think NoHo Partners Oyj's (HEL:NOHO) Robust Earnings Are ConservativeEven though NoHo Partners Oyj's ( HEL:NOHO ) recent earnings release was robust, the market didn't seem to notice. Our...分析記事 • Nov 08NoHo Partners Oyj Just Missed Earnings - But Analysts Have Updated Their ModelsAs you might know, NoHo Partners Oyj ( HEL:NOHO ) last week released its latest quarterly, and things did not turn out...Reported Earnings • Nov 06Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: €0.14 (up from €0.03 loss in 3Q 2023). Revenue: €108.1m (up 13% from 3Q 2023). Net income: €2.90m (up €3.50m from 3Q 2023). Profit margin: 2.7% (up from net loss in 3Q 2023). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.お知らせ • Nov 05+ 4 more updatesNoHo Partners Oyj, Annual General Meeting, Apr 09, 2025NoHo Partners Oyj, Annual General Meeting, Apr 09, 2025.Upcoming Dividend • Oct 30Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 06 November 2024. Payment date: 14 November 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.9%. Lower than top quartile of Finnish dividend payers (6.2%). Higher than average of industry peers (2.7%).お知らせ • Aug 27NoHo Partners Plc Appoints Maria Koivula as Deputy CEONoHo Partners Plc has strengthened the structure of its Executive Team to accelerate the implementation of its new strategy. The broader composition of the Executive Team supports the company's ambitious growth targets as well as operational development. At the same time, Business Director Maria Koivula has been appointed as the Deputy CEO. When the new structure enters into force, the operation of the separate Executive Team of Finland will cease.Price Target Changed • Aug 15Price target decreased by 7.7% to €9.60Down from €10.40, the current price target is an average from 2 analysts. New target price is 22% above last closing price of €7.88. Stock is down 8.6% over the past year. The company is forecast to post earnings per share of €0.56 for next year compared to €0.38 last year.分析記事 • Aug 09NoHo Partners Oyj Just Missed Earnings - But Analysts Have Updated Their ModelsAs you might know, NoHo Partners Oyj ( HEL:NOHO ) last week released its latest quarterly, and things did not turn out...Reported Earnings • Aug 07Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: €0.11 (down from €0.17 in 2Q 2023). Revenue: €109.0m (up 17% from 2Q 2023). Net income: €2.20m (down 35% from 2Q 2023). Profit margin: 2.0% (down from 3.6% in 2Q 2023). Revenue missed analyst estimates by 7.0%. Earnings per share (EPS) also missed analyst estimates by 69%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Aug 06NoHo Partners Oyj Announces CEO ChangesNoHo Partners’ Board of Directors has appointed Jarno Suominen as CEO as of 1 September 2024. Current CEO Aku Vikström will continue in his position until Suominen assumes the duties of the CEO. Jarno Suominen (born 1972) has extensive experience from the restaurant industry, and he has worked at NoHo Partners since 2005, serving as CFO in 2005–2020. Suominen has acted as the Deputy CEO of NoHo Partners since 2020 and he is also the Country Manager of company’s operations in Finland as well as the Chairman of the Finnish Executive Team. He is also a significant shareholder of the company also a significant shareholder of the company. Jarno Suominen has very strong and versatile experience in the restaurant industry, and he has played a key role in NoHo Partners’ growth story to its current size. He also has strong expertise in business arrangements and investment activities in the restaurant industry, which, in accordance with companies new strategy, the company focus on to accelerate especially the growth of the international business. The Board of Directors is confident that Jarno is the right person to lead the company towards its next growth targets while also enhancing continuity in the company’s management. As announced on 20 March 2024, NoHo Partners’ current CEO Aku Vikström will step down from his role to join Orkla Foods Europe as their new CEO. Vikström has acted as the CEO of NoHo Partners since 2018.Upcoming Dividend • Jul 31Upcoming dividend of €0.14 per shareEligible shareholders must have bought the stock before 07 August 2024. Payment date: 15 August 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.3%. Lower than top quartile of Finnish dividend payers (6.1%). Higher than average of industry peers (3.0%).Price Target Changed • Jul 23Price target increased by 8.2% to €10.98Up from €10.15, the current price target is an average from 2 analysts. New target price is 38% above last closing price of €7.94. Stock is down 13% over the past year. The company is forecast to post earnings per share of €0.64 for next year compared to €0.38 last year.New Risk • May 17New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Dividend is not well covered by earnings (164% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin).分析記事 • May 10NoHo Partners Oyj Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest ForecastsNoHo Partners Oyj ( HEL:NOHO ) came out with its quarterly results last week, and we wanted to see how the business is...お知らせ • May 08Noho Partners plc Provides Earnings Guidance for the Financial Year 2024Noho Partners plc provided earnings guidance for the financial year 2024. For the year, the company estimated that, during the financial year 2024, it will achieve total turnover of approx. EUR 430 million and EBIT margin of approx. 9.5%.Reported Earnings • May 07First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: €0.03 loss per share (down from €0.09 profit in 1Q 2023). Revenue: €95.4m (up 26% from 1Q 2023). Net loss: €600.0k (down 132% from profit in 1Q 2023). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Apr 24NoHo Partners Oyj Announces Composition of Audit Committee and Remuneration CommitteeNoHo Partners Oyj's Board of Directors has decided the composition of the Audit Committee and the Remuneration Committee. Kai Seikku was elected as Chairman and Petri Olkinuora and Timo Mänty as members of the Audit Committee. Timo Mänty was elected as Chairman and Maarit Vannas and Timo Laine as members of the Remuneration Committee.お知らせ • Apr 10+ 1 more updateNoHo Partners Oyj Approves Board ChangesNoHo Partners Oyj at its AGM held on April 10, 2024, resolved Timo Mänty and Maarit Vannas shall be elected as new members of the Board of Directors for a term of office ending at the close of the Annual General Meeting 2025. The AGM elected Timo Mänty as Vice-Chairman of the Board.お知らせ • Mar 21NoHo Partners Plc Announces Stepping Down of Aku Vikström as CEONoHo Partners Plc's CEO Aku Vikström has informed the company's Board of Directors that he will step down from the role of CEO. Vikström will join Orkla Foods Europe Oy as their new CEO, starting at the latest on 1 September 2024. Until then, he continues in his role as the CEO of NoHo Partners. The Board of Directors has initiated a search for his successor.Declared Dividend • Mar 18Dividend of €0.14 announcedShareholders will receive a dividend of €0.14. Ex-date: 7th May 2024 Payment date: 16th May 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (114% earnings payout ratio). However, it is well covered by cash flows (17% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 26% to bring the payout ratio under control. EPS is expected to grow by 78% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.New Risk • Mar 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 40% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Dividend is not well covered by earnings (114% payout ratio). Large one-off items impacting financial results. Significant insider selling over the past 3 months (€107k sold).分析記事 • Feb 22We Think NoHo Partners Oyj's (HEL:NOHO) Robust Earnings Are ConservativeEven though NoHo Partners Oyj's ( HEL:NOHO ) recent earnings release was robust, the market didn't seem to notice. Our...分析記事 • Feb 18Results: NoHo Partners Oyj Beat Earnings Expectations And Analysts Now Have New ForecastsNoHo Partners Oyj ( HEL:NOHO ) last week reported its latest annual results, which makes it a good time for investors...Reported Earnings • Feb 16Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: €0.38 (up from €0.074 in FY 2022). Revenue: €380.0m (up 22% from FY 2022). Net income: €7.90m (up 427% from FY 2022). Profit margin: 2.1% (up from 0.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 23%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.New Risk • Jan 24New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €127k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Dividend is not well covered by earnings (179% payout ratio). Large one-off items impacting financial results. Significant insider selling over the past 3 months (€127k sold).お知らせ • Dec 21NoHo Partners Revises Its Profit Guidance for 2023NoHo Partners updates its profit guidance for 2023. The company now expects the EBIT margin to be over 9.5% in 2023 with the comparable EBIT margin being over 10%. The company also refines its guidance for 2023 total turnover, and now expects it to be approximately EUR 370 million. NoHo Partners' profitability development has been strong despite the fluctuating demand environment. The business of Holy Cow!, which was acquired in July 2023, has developed better than expected and the integration is progressing excellently. At the same time, the pre- Christmas season has met the company's expectations. NoHo Partners estimates that, during the financial year 2023, it will achieve total turnover of approximately EUR 370 million and EBIT margin of over 9.5% in the restaurant business. The comparable EBIT will reach the 10% EBIT margin defined in the company's long-term financial targets. The company will reach the targets set for the strategy cycle ending in 2024 ahead of time. The company will update its long-term strategic and financial targets for the next strategy cycle 2024-2026 and publish them during the first half of 2024. NoHo Partners estimates that, during the financial year 2023, it will achieve total turnover of approximately EUR 380 million and EBIT margin of approximately 9% in the restaurant business. The company will reach the targets set for the strategy cycle ending in 2024 ahead of time. The company will update its long-term strategic and financial targets for the next strategy cycle 2024-2026 and publish them during the first half of 2024.of 2024.NoHo Partners updates its profit guidance for 2023. The company now expects the EBITmargin to be over 9.5% in 2023 with the comparable EBIT margin being over 10%. Thecompany also refines its guidance for 2023 total turnover, and now expects it to beapproximately MEUR 370.NoHo Partners updates its profit guidance for 2023. The company now expects the EBITmargin to be over 9.5% in 2023 with the comparable EBIT margin being over 10%. Thecompany also refines its guidance for 2023 total turnover, and now expects it to beapproximately MEUR 370.NoHo Partners estimates that, during the financial year 2023, it will achieve total turnover ofapproximately MEUR 370 and EBIT margin of over 9.5% in the restaurant business. Thecomparable EBIT will reach the 10% EBIT margin defined in the company's long-term financialtargets.Price Target Changed • Nov 21Price target decreased by 13% to €10.15Down from €11.68, the current price target is an average from 2 analysts. New target price is 30% above last closing price of €7.80. Stock is up 9.7% over the past year. The company is forecast to post earnings per share of €0.35 for next year compared to €0.074 last year.Reported Earnings • Nov 08Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: €0.03 loss per share (improved from €0.19 loss in 3Q 2022). Revenue: €97.8m (up 14% from 3Q 2022). Net loss: €600.0k (loss narrowed 84% from 3Q 2022). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 08Noho Partners plc Strengthens Its LeadershipNoHo Partners Plc is strengthening its leadership with two strategic new roles. NoHo Partners has been appointed Rainer Lindqvist as the Chief Customer Officer of the group. Rainer is an experienced marketing professional with over 20 years of expertise in customer understanding and consumer marketing in a rapidly evolving environment. Rainer is transitioning to this role from his position as the Marketing Director of Kotipizza. He has previously worked as the Business Director at Ehrenstråhlen&Co and as the CEO of the advertising agency DDB Helsinki Oy. Rainer will start in his new role in January 2024. NoHo Partners has been appointed Jaakko Sorsa as the Quality Director for its dining restaurants. Jaakko brings with him an impressive 30 years of experience from the top of the culinary industry and world-class kitchens. Jaakko began his culinary career nearly three decades ago as a kitchen intern at Palace Gourmet Restaurant. Since then, he has worked in various top kitchens around the world, from the Middle East to Bermuda, from the Fiji Islands to Japan and Indonesia. For the last 19 years, Jaakko has been leading some of the best restaurants in Hong Kong. Jaakko will start in his new role in January 2024.お知らせ • Oct 06Noho Partners plc Announces Second Dividend Instalment for the Financial Year 2022, Payable on 20 October 2023The board of directors of NoHo Partners Plc has decided on the payment of the second dividend instalment of EUR 0.20 per share for the financial year 2022, based on the authorization of the Annual General Meeting held on 19 April 2023. The dividend will be paid to shareholders who are registered in the shareholders' register maintained by Euroclear Finland Ltd. on the record date 13 October 2023. The dividend payment date will be 20 October 2023. The first dividend instalment of EUR 0.20 per share was paid on 24 May 2023.お知らせ • Oct 05+ 4 more updatesNoHo Partners Oyj to Report Nine Months, 2024 Results on Nov 05, 2024NoHo Partners Oyj announced that they will report nine months, 2024 results on Nov 05, 2024New Risk • Aug 14New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €69k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Dividend is not well covered by earnings (dividend per share is over 5x earnings per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Significant insider selling over the past 3 months (€69k sold).お知らせ • Aug 10+ 1 more updateNoHo Partners Oyj Revises Earnings Guidance for the Year 2023NoHo Partners Oyj revised earnings guidance for the year 2023. The company now estimates that, during the financial year 2023, it will achieve total turnover of approximately EUR 380 million and EBIT margin of approximately 9% in the restaurant business. Previously, the company estimated that it will achieve total turnover of over EUR 350 million and EBIT margin of approximately 9% in the restaurant business during the financial year 2023.New Risk • Aug 09New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Dividend is not well covered by earnings (dividend per share is over 5x earnings per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin).Reported Earnings • Aug 09Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: €0.17 (down from €0.45 in 2Q 2022). Revenue: €93.3m (up 3.4% from 2Q 2022). Net income: €3.40m (down 62% from 2Q 2022). Profit margin: 3.6% (down from 9.9% in 2Q 2022). Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) exceeded analyst estimates by 3.0%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jul 20Now 21% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be €11.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings is also forecast to grow by 23% per annum over the same time period.業績と収益の成長予測HLSE:NOHO - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2028412184272312/31/2027393154069312/31/202637512346333/31/2026363105662N/A12/31/202535895566N/A9/30/202535394859N/A6/30/2025350105366N/A3/31/202535196175N/A12/31/202434786375N/A9/30/202435867084N/A6/30/202436535976N/A3/31/202437045269N/A12/31/202337285471N/A9/30/202335355370N/A6/30/202334315470N/A3/31/202334076177N/A12/31/202231325570N/A9/30/202229435265N/A6/30/202227085265N/A3/31/2022214-54453N/A12/31/2021186-113645N/A9/30/2021148-231422N/A6/30/2021142-241016N/A3/31/2021127-2905N/A12/31/2020157-2728N/A9/30/2020200-142534N/A6/30/2020221-73143N/A3/31/202027084055N/A12/31/201927321N/A57N/A9/30/201926522N/A46N/A6/30/201925517N/A31N/A3/31/201921419N/A22N/A12/31/201821014N/A19N/A9/30/201819611N/A16N/A6/30/201818612N/A22N/A3/31/20182045N/A20N/A12/31/20171875N/A18N/A9/30/20171666N/A16N/A6/30/20171466N/A12N/A3/31/20171366N/A12N/A12/31/20161316N/A14N/A9/30/20161305N/A12N/A6/30/20161245N/A13N/A3/31/20161175N/A14N/A12/31/20151145N/A12N/A9/30/20151095N/A12N/A6/30/20151024N/A12N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: NOHOの予測収益成長率 (年間18.5% ) は 貯蓄率 ( 2.3% ) を上回っています。収益対市場: NOHOの収益 ( 18.5% ) はFinnish市場 ( 14% ) よりも速いペースで成長すると予測されています。高成長収益: NOHOの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: NOHOの収益 ( 4.9% ) Finnish市場 ( 4.7% ) よりも速いペースで成長すると予測されています。高い収益成長: NOHOの収益 ( 4.9% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: NOHOの 自己資本利益率 は、3年後には低くなると予測されています ( 13.6 %)。成長企業の発掘7D1Y7D1Y7D1YConsumer-services 業界の高成長企業。View Past Performance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2026/05/24 12:35終値2026/05/22 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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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NoHo Partners Oyj 3 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。5 アナリスト機関Iiris ThemanCarnegie Investment Bank ABPia Rosqvist-HeinsalmiDNB Carnegienull nullEvli Bank plc2 その他のアナリストを表示
Price Target Changed • Nov 10Price target decreased by 13% to €9.30Down from €10.70, the current price target is an average from 2 analysts. New target price is 20% above last closing price of €7.76. Stock is up 9.3% over the past year. The company is forecast to post earnings per share of €1.52 for next year compared to €0.54 last year.
分析記事 • Aug 08NoHo Partners Oyj Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedHLSE:NOHO 1 Year Share Price vs Fair Value Explore NoHo Partners Oyj's Fair Values from the Community and select yours...
Price Target Changed • May 12Price target increased by 11% to €11.87Up from €10.70, the current price target is an average from 3 analysts. New target price is 23% above last closing price of €9.68. Stock is up 20% over the past year. The company is forecast to post earnings per share of €1.78 for next year compared to €0.54 last year.
分析記事 • May 09NoHo Partners Oyj Just Missed Earnings - But Analysts Have Updated Their ModelsThe analysts might have been a bit too bullish on NoHo Partners Oyj ( HEL:NOHO ), given that the company fell short of...
Major Estimate Revision • May 06Consensus EPS estimates increase by 34%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €438.7m to €418.2m. EPS estimate rose from €1.03 to €1.37. Net income forecast to grow 120% next year vs 18% growth forecast for Hospitality industry in Finland. Consensus price target of €10.70 unchanged from last update. Share price was steady at €9.45 over the past week.
Major Estimate Revision • Apr 07Consensus EPS estimates increase by 37%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €460.1m to €438.7m. EPS estimate rose from €0.75 to €1.03. Net income forecast to grow 91% next year vs 15% growth forecast for Hospitality industry in Finland. Consensus price target of €10.70 unchanged from last update. Share price fell 3.5% to €8.65 over the past week.
Declared Dividend • May 17First quarter dividend of €0.08 announcedShareholders will receive a dividend of €0.08. Ex-date: 11th August 2026 Payment date: 19th August 2026 Dividend yield will be 4.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 75% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 06First quarter 2026 earnings released: EPS: €0.01 (vs €0.009 loss in 1Q 2025)First quarter 2026 results: EPS: €0.01 (up from €0.009 loss in 1Q 2025). Revenue: €83.6m (up 8.3% from 1Q 2025). Net income: €300.0k (up €500.0k from 1Q 2025). Profit margin: 0.4% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 30Upcoming dividend of €0.07 per shareEligible shareholders must have bought the stock before 07 May 2026. Payment date: 15 May 2026. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Finnish dividend payers (5.4%). In line with average of industry peers (3.2%).
お知らせ • Apr 16+ 1 more updateNoHo Partners Oyj Approves Dividend for the Financial Period Ended 31 December 2025, Payable on 15 May 2026, 19 August 2026, and 18 November 2026NoHo Partners Oyj at its Annual General Meeting 2026 was held on 15 April 2026, The AGM approved the Board of Directors’ proposal that a dividend of EUR 0.23 (EUR 0.46) per share shall be paid based on the adopted balance sheet of the financial period ending on 31 December 2025. The dividend shall be paid in three instalments. The first instalment of EUR 0.07 per share shall be paid to a shareholder who is registered in the shareholder register of the Company maintained by Euroclear Finland Oy on the dividend record date 8 May 2026. The payment date for this instalment is 15 May 2026. The second instalment of EUR 0.08 per share shall be paid to a shareholder who is registered in the shareholder register of the Company maintained by Euroclear Finland Oy on the dividend record date 12 August 2026. The payment date for this instalment is 19 August 2026. The third instalment of EUR 0.08 per share shall be paid to a shareholder who is registered in the shareholder register of the Company maintained by Euroclear Finland Oy on the dividend record date 11 November 2026. The payment date for this instalment is 18 November 2026.
Reported Earnings • Mar 24Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: €0.43 (up from €0.37 in FY 2024). Revenue: €358.0m (up 3.1% from FY 2024). Net income: €9.10m (up 17% from FY 2024). Profit margin: 2.5% (up from 2.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Mar 20Noho Partners Oyj Announces Non- Availability for Re-Election of Petri Olkinuora as Member of the Board of DirectorsNoHo Partners Plc’s at the Annual General Meeting convening on 15 April 2026 announced that the current member of the Board of Directors Petri Olkinuora has served on the company's Board of Directors for 13 years and is not available for re-election.
分析記事 • Feb 18We Think You Can Look Beyond NoHo Partners Oyj's (HEL:NOHO) Lackluster EarningsThe most recent earnings report from NoHo Partners Oyj ( HEL:NOHO ) was disappointing for shareholders. However, our...
Reported Earnings • Feb 12Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: €1.55. Revenue: €365.1m (down 14% from FY 2024). Net income: €9.10m (down 20% from FY 2024). Profit margin: 2.5% (in line with FY 2024). Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Hospitality industry in Europe.
New Risk • Nov 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings are forecast to decline by an average of 2.7% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€95k sold).
Price Target Changed • Nov 10Price target decreased by 13% to €9.30Down from €10.70, the current price target is an average from 2 analysts. New target price is 20% above last closing price of €7.76. Stock is up 9.3% over the past year. The company is forecast to post earnings per share of €1.52 for next year compared to €0.54 last year.
お知らせ • Nov 04NoHo Partners Oyj, Annual General Meeting, Apr 15, 2026NoHo Partners Oyj, Annual General Meeting, Apr 15, 2026. Location: tampere Finland
分析記事 • Nov 04NoHo Partners Oyj (HEL:NOHO) Is Paying Out A Larger Dividend Than Last YearNoHo Partners Oyj ( HEL:NOHO ) will increase its dividend from last year's comparable payment on the 13th of November...
お知らせ • Nov 04+ 3 more updatesNoHo Partners Oyj to Report Nine Months, 2026 Results on Nov 03, 2026NoHo Partners Oyj announced that they will report nine months, 2026 results on Nov 03, 2026
Upcoming Dividend • Oct 29Upcoming dividend of €0.16 per shareEligible shareholders must have bought the stock before 05 November 2025. Payment date: 13 November 2025. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Finnish dividend payers (5.9%). Higher than average of industry peers (3.0%).
Recent Insider Transactions • Sep 23Founder & Chairman recently sold €95k worth of stockOn the 17th of September, Timo Rainer sold around 10k shares on-market at roughly €9.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Timo's only on-market trade for the last 12 months.
分析記事 • Sep 15NoHo Partners Oyj (HEL:NOHO) Is Increasing Its Dividend To €0.16NoHo Partners Oyj ( HEL:NOHO ) has announced that it will be increasing its dividend from last year's comparable...
分析記事 • Aug 19NoHo Partners Oyj's (HEL:NOHO) Dividend Will Be Increased To €0.16The board of NoHo Partners Oyj ( HEL:NOHO ) has announced that it will be paying its dividend of €0.16 on the 13th of...
Declared Dividend • Aug 15Second quarter dividend of €0.16 announcedShareholders will receive a dividend of €0.16. Ex-date: 5th November 2025 Payment date: 13th November 2025 Dividend yield will be 5.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (74% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 7.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 1.1% over the next 3 years. However, it would need to fall by 18% to increase the payout ratio to a potentially unsustainable range.
分析記事 • Aug 08NoHo Partners Oyj Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedHLSE:NOHO 1 Year Share Price vs Fair Value Explore NoHo Partners Oyj's Fair Values from the Community and select yours...
New Risk • Aug 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.03% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings are forecast to decline by an average of 0.03% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 05Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: €1.15. Revenue: €89.5m (down 16% from 2Q 2024). Net income: €1.80m (down 18% from 2Q 2024). Profit margin: 2.0% (down from 2.1% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 8.1%. Earnings per share (EPS) also missed analyst estimates by 4.2%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Hospitality industry in Europe.
分析記事 • Aug 05NoHo Partners Oyj (HEL:NOHO) Has Announced A Dividend Of €0.15The board of NoHo Partners Oyj ( HEL:NOHO ) has announced that it will pay a dividend on the 14th of August, with...
お知らせ • Aug 05NoHo Partners Oyj (HLSE:NOHO) agreed to acquire Smoothie Heaven Oy.NoHo Partners Oyj (HLSE:NOHO) agreed to acquire Smoothie Heaven Oy on August 4, 2025. The transaction is subject to approval of The Finnish Competition and Consumer Authority. According to the Competition Act, mergers that exceed certain turnover thresholds must be notified to the KKV, and the merger must not be implemented before it has been approved by the KKV.
Upcoming Dividend • Jul 30Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 06 August 2025. Payment date: 14 August 2025. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Finnish dividend payers (5.9%). Higher than average of industry peers (2.8%).
Declared Dividend • May 16First quarter dividend of €0.15 announcedShareholders will receive a dividend of €0.15. Ex-date: 6th August 2025 Payment date: 14th August 2025 Dividend yield will be 4.8%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 7.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 3.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • May 15NoHo Partners Oyj's (HEL:NOHO) Strong Earnings Are Of Good QualityEven though NoHo Partners Oyj's ( HEL:NOHO ) recent earnings release was robust, the market didn't seem to notice. Our...
Price Target Changed • May 12Price target increased by 11% to €11.87Up from €10.70, the current price target is an average from 3 analysts. New target price is 23% above last closing price of €9.68. Stock is up 20% over the past year. The company is forecast to post earnings per share of €1.78 for next year compared to €0.54 last year.
分析記事 • May 09NoHo Partners Oyj Just Missed Earnings - But Analysts Have Updated Their ModelsThe analysts might have been a bit too bullish on NoHo Partners Oyj ( HEL:NOHO ), given that the company fell short of...
Reported Earnings • May 07First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: €0.04 (up from €0.03 loss in 1Q 2024). Revenue: €101.3m (up 8.3% from 1Q 2024). Net income: €800.0k (up €1.40m from 1Q 2024). Profit margin: 0.8% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 93%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • May 06Consensus EPS estimates increase by 34%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €438.7m to €418.2m. EPS estimate rose from €1.03 to €1.37. Net income forecast to grow 120% next year vs 18% growth forecast for Hospitality industry in Finland. Consensus price target of €10.70 unchanged from last update. Share price was steady at €9.45 over the past week.
Upcoming Dividend • Apr 30Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 07 May 2025. Payment date: 15 May 2025. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 4.9%. Lower than top quartile of Finnish dividend payers (6.1%). Higher than average of industry peers (3.1%).
分析記事 • Apr 17NoHo Partners Oyj (HEL:NOHO) Has Announced A Dividend Of €0.15NoHo Partners Oyj ( HEL:NOHO ) will pay a dividend of €0.15 on the 15th of May. This takes the dividend yield to 5.0...
お知らせ • Apr 09+ 1 more updateNoHo Partners Oyj Approves Dividend for the Financial Period Ended 31 December 2024, Payable on 15 May 2025, 14 August 2025 and 13 November 2025NoHo Partners Oyj announced that at its AGM held on 9 April 2025, The AGM approved the board of directors' proposal that a dividend of EUR 0.46 (0.43) per share shall be paid based on the adopted balance sheet of the financial period ended on 31 December 2024. The dividend shall be paid in three instalments. The first instalment of EUR 0.15 per share shall be paid to a shareholder who is registered in the shareholder register of the Company maintained by Euroclear Finland Oy on the dividend record date 8 May 2025. The payment date for this instalment is 15 May 2025. The second instalment of EUR 0.15 per share shall be paid to a shareholder who is registered in the shareholder register of the Company maintained by Euroclear Finland Oy on the dividend record date 7 August 2025. The payment date for this instalment is 14 August 2025. The third instalment of EUR 0.16 per share shall be paid to a shareholder who is registered in the shareholder register of the Company maintained by Euroclear Finland Oy on the dividend record date 6 November 2025. The payment date for this instalment is 13 November 2025.
Major Estimate Revision • Apr 07Consensus EPS estimates increase by 37%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €460.1m to €438.7m. EPS estimate rose from €0.75 to €1.03. Net income forecast to grow 91% next year vs 15% growth forecast for Hospitality industry in Finland. Consensus price target of €10.70 unchanged from last update. Share price fell 3.5% to €8.65 over the past week.
分析記事 • Apr 03NoHo Partners Oyj (HEL:NOHO) Will Pay A Dividend Of €0.15The board of NoHo Partners Oyj ( HEL:NOHO ) has announced that it will pay a dividend of €0.15 per share on the 15th of...
お知らせ • Apr 03Intera Partners Oy have agreed on an arrangement to acquire an additional unknown minority stake in Better Burger Society from NoHo Partners Oyj (HLSE:NOHO).Intera Partners Oy have agreed on an arrangement to acquire an additional unknown minority stake in Better Burger Society from NoHo Partners Oyj (HLSE:NOHO) on April 1, 2025. Jarno Suominen will continue to be active owners and serve on the Board of Directors of Better Burger Society. Operational cooperation will also continue unchanged. As of 1 April 2025, Better Burger Society will no longer be NoHo Partners group’s subgroup, but will instead be consolidated into NoHo Partners group as an associated company. NoHo Partners’ voting rights in Better Burger Society will drop to 49.6%, with NoHo Partners continuing to be the largest owner of the company with a holding of 50.7%. The transaction is subject to approval by the Finnish Competition and Consumer Authority. For the period ending December 31, 2024, Better Burger Society reported total revenue of €80 million.
Reported Earnings • Mar 20Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: €0.54 (up from €0.38 in FY 2023). Revenue: €427.1m (up 15% from FY 2023). Net income: €11.3m (up 43% from FY 2023). Profit margin: 2.6% (up from 2.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 17NoHo Partners Oyj (HEL:NOHO) Will Pay A Dividend Of €0.15The board of NoHo Partners Oyj ( HEL:NOHO ) has announced that it will pay a dividend on the 15th of May, with...
Price Target Changed • Mar 06Price target increased by 8.4% to €11.45Up from €10.57, the current price target is an average from 3 analysts. New target price is 23% above last closing price of €9.34. Stock is up 16% over the past year. The company is forecast to post earnings per share of €0.75 for next year compared to €0.54 last year.
お知らせ • Mar 05Noho Partners OYJ Ordinary Shares to Be Deleted from OTC EquityNoho Partners OYJ Ordinary Shares (Finland) will be deleted from OTC Equity effective March 04, 2025, due to Inactive Security.
分析記事 • Mar 01NoHo Partners Oyj (HEL:NOHO) Is Due To Pay A Dividend Of €0.15NoHo Partners Oyj ( HEL:NOHO ) will pay a dividend of €0.15 on the 15th of May. This will take the annual payment to...
Declared Dividend • Feb 28Dividend of €0.15 announcedShareholders will receive a dividend of €0.15. Ex-date: 7th May 2025 Payment date: 15th May 2025 Dividend yield will be 4.7%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Feb 13Price target increased by 10% to €10.58Up from €9.60, the current price target is an average from 2 analysts. New target price is 15% above last closing price of €9.18. Stock is up 12% over the past year. The company is forecast to post earnings per share of €0.73 for next year compared to €0.54 last year.
Reported Earnings • Feb 13Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: €0.54 (up from €0.38 in FY 2023). Revenue: €434.4m (up 17% from FY 2023). Net income: €11.3m (up 43% from FY 2023). Profit margin: 2.6% (up from 2.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 13+ 1 more updateNoho Partners Oyj Provides Earnings Guidance for Financial Year 2025NoHo Partners Oyj provided earnings guidance for financial year 2025. For the period, the company estimates that the EBIT margin of Finnish operations will remain at the current good level, and the Group's earnings per share will increase.
お知らせ • Feb 12NoHo Partners Oyj to Report Fiscal Year 2024 Final Results on Mar 19, 2025NoHo Partners Oyj announced that they will report fiscal year 2024 final results on Mar 19, 2025
Price Target Changed • Jan 28Price target increased by 10% to €10.57Up from €9.60, the current price target is an average from 3 analysts. New target price is 32% above last closing price of €8.00. Stock is down 5.0% over the past year. The company is forecast to post earnings per share of €0.48 for next year compared to €0.38 last year.
分析記事 • Nov 13We Think NoHo Partners Oyj's (HEL:NOHO) Robust Earnings Are ConservativeEven though NoHo Partners Oyj's ( HEL:NOHO ) recent earnings release was robust, the market didn't seem to notice. Our...
分析記事 • Nov 08NoHo Partners Oyj Just Missed Earnings - But Analysts Have Updated Their ModelsAs you might know, NoHo Partners Oyj ( HEL:NOHO ) last week released its latest quarterly, and things did not turn out...
Reported Earnings • Nov 06Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: €0.14 (up from €0.03 loss in 3Q 2023). Revenue: €108.1m (up 13% from 3Q 2023). Net income: €2.90m (up €3.50m from 3Q 2023). Profit margin: 2.7% (up from net loss in 3Q 2023). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
お知らせ • Nov 05+ 4 more updatesNoHo Partners Oyj, Annual General Meeting, Apr 09, 2025NoHo Partners Oyj, Annual General Meeting, Apr 09, 2025.
Upcoming Dividend • Oct 30Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 06 November 2024. Payment date: 14 November 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.9%. Lower than top quartile of Finnish dividend payers (6.2%). Higher than average of industry peers (2.7%).
お知らせ • Aug 27NoHo Partners Plc Appoints Maria Koivula as Deputy CEONoHo Partners Plc has strengthened the structure of its Executive Team to accelerate the implementation of its new strategy. The broader composition of the Executive Team supports the company's ambitious growth targets as well as operational development. At the same time, Business Director Maria Koivula has been appointed as the Deputy CEO. When the new structure enters into force, the operation of the separate Executive Team of Finland will cease.
Price Target Changed • Aug 15Price target decreased by 7.7% to €9.60Down from €10.40, the current price target is an average from 2 analysts. New target price is 22% above last closing price of €7.88. Stock is down 8.6% over the past year. The company is forecast to post earnings per share of €0.56 for next year compared to €0.38 last year.
分析記事 • Aug 09NoHo Partners Oyj Just Missed Earnings - But Analysts Have Updated Their ModelsAs you might know, NoHo Partners Oyj ( HEL:NOHO ) last week released its latest quarterly, and things did not turn out...
Reported Earnings • Aug 07Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: €0.11 (down from €0.17 in 2Q 2023). Revenue: €109.0m (up 17% from 2Q 2023). Net income: €2.20m (down 35% from 2Q 2023). Profit margin: 2.0% (down from 3.6% in 2Q 2023). Revenue missed analyst estimates by 7.0%. Earnings per share (EPS) also missed analyst estimates by 69%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Aug 06NoHo Partners Oyj Announces CEO ChangesNoHo Partners’ Board of Directors has appointed Jarno Suominen as CEO as of 1 September 2024. Current CEO Aku Vikström will continue in his position until Suominen assumes the duties of the CEO. Jarno Suominen (born 1972) has extensive experience from the restaurant industry, and he has worked at NoHo Partners since 2005, serving as CFO in 2005–2020. Suominen has acted as the Deputy CEO of NoHo Partners since 2020 and he is also the Country Manager of company’s operations in Finland as well as the Chairman of the Finnish Executive Team. He is also a significant shareholder of the company also a significant shareholder of the company. Jarno Suominen has very strong and versatile experience in the restaurant industry, and he has played a key role in NoHo Partners’ growth story to its current size. He also has strong expertise in business arrangements and investment activities in the restaurant industry, which, in accordance with companies new strategy, the company focus on to accelerate especially the growth of the international business. The Board of Directors is confident that Jarno is the right person to lead the company towards its next growth targets while also enhancing continuity in the company’s management. As announced on 20 March 2024, NoHo Partners’ current CEO Aku Vikström will step down from his role to join Orkla Foods Europe as their new CEO. Vikström has acted as the CEO of NoHo Partners since 2018.
Upcoming Dividend • Jul 31Upcoming dividend of €0.14 per shareEligible shareholders must have bought the stock before 07 August 2024. Payment date: 15 August 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.3%. Lower than top quartile of Finnish dividend payers (6.1%). Higher than average of industry peers (3.0%).
Price Target Changed • Jul 23Price target increased by 8.2% to €10.98Up from €10.15, the current price target is an average from 2 analysts. New target price is 38% above last closing price of €7.94. Stock is down 13% over the past year. The company is forecast to post earnings per share of €0.64 for next year compared to €0.38 last year.
New Risk • May 17New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Dividend is not well covered by earnings (164% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin).
分析記事 • May 10NoHo Partners Oyj Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest ForecastsNoHo Partners Oyj ( HEL:NOHO ) came out with its quarterly results last week, and we wanted to see how the business is...
お知らせ • May 08Noho Partners plc Provides Earnings Guidance for the Financial Year 2024Noho Partners plc provided earnings guidance for the financial year 2024. For the year, the company estimated that, during the financial year 2024, it will achieve total turnover of approx. EUR 430 million and EBIT margin of approx. 9.5%.
Reported Earnings • May 07First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: €0.03 loss per share (down from €0.09 profit in 1Q 2023). Revenue: €95.4m (up 26% from 1Q 2023). Net loss: €600.0k (down 132% from profit in 1Q 2023). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Apr 24NoHo Partners Oyj Announces Composition of Audit Committee and Remuneration CommitteeNoHo Partners Oyj's Board of Directors has decided the composition of the Audit Committee and the Remuneration Committee. Kai Seikku was elected as Chairman and Petri Olkinuora and Timo Mänty as members of the Audit Committee. Timo Mänty was elected as Chairman and Maarit Vannas and Timo Laine as members of the Remuneration Committee.
お知らせ • Apr 10+ 1 more updateNoHo Partners Oyj Approves Board ChangesNoHo Partners Oyj at its AGM held on April 10, 2024, resolved Timo Mänty and Maarit Vannas shall be elected as new members of the Board of Directors for a term of office ending at the close of the Annual General Meeting 2025. The AGM elected Timo Mänty as Vice-Chairman of the Board.
お知らせ • Mar 21NoHo Partners Plc Announces Stepping Down of Aku Vikström as CEONoHo Partners Plc's CEO Aku Vikström has informed the company's Board of Directors that he will step down from the role of CEO. Vikström will join Orkla Foods Europe Oy as their new CEO, starting at the latest on 1 September 2024. Until then, he continues in his role as the CEO of NoHo Partners. The Board of Directors has initiated a search for his successor.
Declared Dividend • Mar 18Dividend of €0.14 announcedShareholders will receive a dividend of €0.14. Ex-date: 7th May 2024 Payment date: 16th May 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (114% earnings payout ratio). However, it is well covered by cash flows (17% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 26% to bring the payout ratio under control. EPS is expected to grow by 78% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
New Risk • Mar 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 40% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Dividend is not well covered by earnings (114% payout ratio). Large one-off items impacting financial results. Significant insider selling over the past 3 months (€107k sold).
分析記事 • Feb 22We Think NoHo Partners Oyj's (HEL:NOHO) Robust Earnings Are ConservativeEven though NoHo Partners Oyj's ( HEL:NOHO ) recent earnings release was robust, the market didn't seem to notice. Our...
分析記事 • Feb 18Results: NoHo Partners Oyj Beat Earnings Expectations And Analysts Now Have New ForecastsNoHo Partners Oyj ( HEL:NOHO ) last week reported its latest annual results, which makes it a good time for investors...
Reported Earnings • Feb 16Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: €0.38 (up from €0.074 in FY 2022). Revenue: €380.0m (up 22% from FY 2022). Net income: €7.90m (up 427% from FY 2022). Profit margin: 2.1% (up from 0.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 23%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
New Risk • Jan 24New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €127k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Dividend is not well covered by earnings (179% payout ratio). Large one-off items impacting financial results. Significant insider selling over the past 3 months (€127k sold).
お知らせ • Dec 21NoHo Partners Revises Its Profit Guidance for 2023NoHo Partners updates its profit guidance for 2023. The company now expects the EBIT margin to be over 9.5% in 2023 with the comparable EBIT margin being over 10%. The company also refines its guidance for 2023 total turnover, and now expects it to be approximately EUR 370 million. NoHo Partners' profitability development has been strong despite the fluctuating demand environment. The business of Holy Cow!, which was acquired in July 2023, has developed better than expected and the integration is progressing excellently. At the same time, the pre- Christmas season has met the company's expectations. NoHo Partners estimates that, during the financial year 2023, it will achieve total turnover of approximately EUR 370 million and EBIT margin of over 9.5% in the restaurant business. The comparable EBIT will reach the 10% EBIT margin defined in the company's long-term financial targets. The company will reach the targets set for the strategy cycle ending in 2024 ahead of time. The company will update its long-term strategic and financial targets for the next strategy cycle 2024-2026 and publish them during the first half of 2024. NoHo Partners estimates that, during the financial year 2023, it will achieve total turnover of approximately EUR 380 million and EBIT margin of approximately 9% in the restaurant business. The company will reach the targets set for the strategy cycle ending in 2024 ahead of time. The company will update its long-term strategic and financial targets for the next strategy cycle 2024-2026 and publish them during the first half of 2024.of 2024.NoHo Partners updates its profit guidance for 2023. The company now expects the EBITmargin to be over 9.5% in 2023 with the comparable EBIT margin being over 10%. Thecompany also refines its guidance for 2023 total turnover, and now expects it to beapproximately MEUR 370.NoHo Partners updates its profit guidance for 2023. The company now expects the EBITmargin to be over 9.5% in 2023 with the comparable EBIT margin being over 10%. Thecompany also refines its guidance for 2023 total turnover, and now expects it to beapproximately MEUR 370.NoHo Partners estimates that, during the financial year 2023, it will achieve total turnover ofapproximately MEUR 370 and EBIT margin of over 9.5% in the restaurant business. Thecomparable EBIT will reach the 10% EBIT margin defined in the company's long-term financialtargets.
Price Target Changed • Nov 21Price target decreased by 13% to €10.15Down from €11.68, the current price target is an average from 2 analysts. New target price is 30% above last closing price of €7.80. Stock is up 9.7% over the past year. The company is forecast to post earnings per share of €0.35 for next year compared to €0.074 last year.
Reported Earnings • Nov 08Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: €0.03 loss per share (improved from €0.19 loss in 3Q 2022). Revenue: €97.8m (up 14% from 3Q 2022). Net loss: €600.0k (loss narrowed 84% from 3Q 2022). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 08Noho Partners plc Strengthens Its LeadershipNoHo Partners Plc is strengthening its leadership with two strategic new roles. NoHo Partners has been appointed Rainer Lindqvist as the Chief Customer Officer of the group. Rainer is an experienced marketing professional with over 20 years of expertise in customer understanding and consumer marketing in a rapidly evolving environment. Rainer is transitioning to this role from his position as the Marketing Director of Kotipizza. He has previously worked as the Business Director at Ehrenstråhlen&Co and as the CEO of the advertising agency DDB Helsinki Oy. Rainer will start in his new role in January 2024. NoHo Partners has been appointed Jaakko Sorsa as the Quality Director for its dining restaurants. Jaakko brings with him an impressive 30 years of experience from the top of the culinary industry and world-class kitchens. Jaakko began his culinary career nearly three decades ago as a kitchen intern at Palace Gourmet Restaurant. Since then, he has worked in various top kitchens around the world, from the Middle East to Bermuda, from the Fiji Islands to Japan and Indonesia. For the last 19 years, Jaakko has been leading some of the best restaurants in Hong Kong. Jaakko will start in his new role in January 2024.
お知らせ • Oct 06Noho Partners plc Announces Second Dividend Instalment for the Financial Year 2022, Payable on 20 October 2023The board of directors of NoHo Partners Plc has decided on the payment of the second dividend instalment of EUR 0.20 per share for the financial year 2022, based on the authorization of the Annual General Meeting held on 19 April 2023. The dividend will be paid to shareholders who are registered in the shareholders' register maintained by Euroclear Finland Ltd. on the record date 13 October 2023. The dividend payment date will be 20 October 2023. The first dividend instalment of EUR 0.20 per share was paid on 24 May 2023.
お知らせ • Oct 05+ 4 more updatesNoHo Partners Oyj to Report Nine Months, 2024 Results on Nov 05, 2024NoHo Partners Oyj announced that they will report nine months, 2024 results on Nov 05, 2024
New Risk • Aug 14New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €69k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Dividend is not well covered by earnings (dividend per share is over 5x earnings per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Significant insider selling over the past 3 months (€69k sold).
お知らせ • Aug 10+ 1 more updateNoHo Partners Oyj Revises Earnings Guidance for the Year 2023NoHo Partners Oyj revised earnings guidance for the year 2023. The company now estimates that, during the financial year 2023, it will achieve total turnover of approximately EUR 380 million and EBIT margin of approximately 9% in the restaurant business. Previously, the company estimated that it will achieve total turnover of over EUR 350 million and EBIT margin of approximately 9% in the restaurant business during the financial year 2023.
New Risk • Aug 09New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Dividend is not well covered by earnings (dividend per share is over 5x earnings per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin).
Reported Earnings • Aug 09Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: €0.17 (down from €0.45 in 2Q 2022). Revenue: €93.3m (up 3.4% from 2Q 2022). Net income: €3.40m (down 62% from 2Q 2022). Profit margin: 3.6% (down from 9.9% in 2Q 2022). Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) exceeded analyst estimates by 3.0%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Hospitality industry in Europe. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jul 20Now 21% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be €11.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings is also forecast to grow by 23% per annum over the same time period.