New Risk • Mar 20
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 238% Dividend yield: 2.9% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (238% payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (€39.9m market cap, or US$46.1m). New Risk • Feb 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (€44.5m market cap, or US$52.8m). Major Estimate Revision • Aug 17
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €59.2m to €58.2m. EPS estimate also fell from €0.16 per share to €0.14 per share. Net income forecast to grow 68% next year vs 23% growth forecast for Electronic industry in Finland. Consensus price target of €6.20 unchanged from last update. Share price rose 2.2% to €5.62 over the past week. 공시 • Apr 16
Tamtron Group Plc Elects Matti Nevala as New Ordinary Member of the Board Tamtron Group Plc at its Annual General Meeting was held on 16 April, 2025, approved Matti Nevala was elected as a new ordinary member of the Board. 공시 • Apr 08
Tamtron Group plc Launches Next Generation Excavator Scale Tamtron has introduced a new excavator scale to the market, designed to meet the growing demands of the construction and earthmoving industries through more efficient and accurate material management. This next generation weighing technology is engineered to improve productivity, reduce errors, and support smooth operations across all types of job sites. The product was officially launched at Bauma 2025 in Munich, at Tamtron's stand on April 7 at 1:30 PM. The excavator scale enables weighing during loading, significantly streamlining work processes and minimizing unnecessary interruptions. Compatible with all excavator brands, the scale features a modern, user-friendly interface that ensures smooth and error-free operation. In addition, the device is equipped with internet connectivity, allowing cloud-based reporting and Tamtron's remote service and support. 공시 • Mar 18
Tamtron Group Oyj, Annual General Meeting, Apr 16, 2025 Tamtron Group Oyj, Annual General Meeting, Apr 16, 2025, at 13:00 FLE Standard Time. Location: at the companys premises, located at vestonkatu 11, 33580 tampere Finland Reported Earnings • Mar 12
Full year 2024 earnings released Full year 2024 results: Revenue: €54.0m (down 2.9% from FY 2023). Net income: €597.0k (down 24% from FY 2023). Profit margin: 1.1% (down from 1.4% in FY 2023). New Risk • Mar 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (45% net debt to equity). Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (€42.0m market cap, or US$43.7m). Major Estimate Revision • Feb 20
Consensus EPS estimates increase by 25% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.12 to €0.15. Revenue forecast unchanged at €54.8m. Net income forecast to grow 29% next year vs 35% growth forecast for Electronic industry in Finland. Consensus price target up from €6.00 to €6.20. Share price rose 9.0% to €5.84 over the past week. 공시 • Oct 29
Tamtron Group Oyj to Report First Half, 2025 Results on Aug 14, 2025 Tamtron Group Oyj announced that they will report first half, 2025 results on Aug 14, 2025 Major Estimate Revision • Aug 22
Consensus EPS estimates fall by 25% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €57.1m to €54.8m. EPS estimate also fell from €0.16 per share to €0.12 per share. Net income forecast to grow 29% next year vs 23% growth forecast for Electronic industry in Finland. Consensus price target down from €6.20 to €6.00. Share price was steady at €5.50 over the past week. 공시 • Mar 19
Tamtron Group Oyj, Annual General Meeting, Apr 11, 2024 Tamtron Group Oyj, Annual General Meeting, Apr 11, 2024, at 13:00 E. Europe Standard Time. Location: Vestonkatu 11, 33580 Tampere Tampere Finland Agenda: To Presentation of the financial statements, the consolidated financial statements, the report of the Board of Directors and the auditors’ report for the financial year 2023; to Resolution on the remuneration of the members of the Board of Directors; and to discuss other matters. New Risk • Mar 13
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 11% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€35.5m market cap, or US$38.9m). Buying Opportunity • Jul 19
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 3.7%. The fair value is estimated to be €6.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Buying Opportunity • Jul 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 3.7%. The fair value is estimated to be €6.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. 공시 • May 12
Tamtron Group Oyj Announces Changes in the Management Team of the Company Tamtron Group Oyj announced that company's new executive team consists of CEO Mikko Keskinen, CFO Miika Tuominen and the new business unit heads Managing Director Industrial Weighing, Juho Koskinen, Executive Vice President On-board Weighing, Markus Ritala and Executive Vice President Digital Services, Matti Sipilä. The new executive team takes effect from May 11, 2023 onwards. Reported Earnings • Mar 24
Full year 2022 earnings released Full year 2022 results: Revenue: €37.2m (up 27% from FY 2021). Net loss: €380.0k (down 359% from profit in FY 2021). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Electronic industry in Finland. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €6.22, the stock trades at a trailing P/E ratio of 79.4x. Average trailing P/E is 23x in the Electronic industry in Finland. 공시 • Feb 04
Tamtron Group Oyj Provides Earnings Guidance for the Year 2023 Tamtron Group Oyj provided earnings guidance for the year 2023. For the year, the company expects turnover will be EUR 38-42 million for the financial period 2023 (average annual growth of approx. 14-19% from the financial period 2021). 
