HLSE:PIHLIS
HLSE:PIHLISHealthcare

Pihlajalinna (HLSE:PIHLIS) Profit Margin Surges, Challenging Market Doubts on Earnings Quality

Pihlajalinna (HLSE:PIHLIS) reported a net profit margin of 5.9%, up from last year’s 1.4%, with EPS soaring 323.8% year over year. While annualized earnings growth averaged 16.3% over the past five years, the company now faces a forecasted revenue decline of -3.8% per year and just 1% annual earnings growth, trailing the Finnish market’s 17.2%. With its shares trading at €14.9, well below the estimated fair value of €39.51, the market is weighing a mix of sharply improved profitability and...
HLSE:KALMAR
HLSE:KALMARMachinery

Kalmar (HLSE:KALMAR) Margin Expansion Underscores Optimistic Narrative as Shares Trade Below Fair Value

Kalmar Oyj (HLSE:KALMAR) reported net profit margins of 8.6%, up from 8.1% a year ago, signaling better profitability. Annual revenue is projected to rise by 4.9%, topping the Finnish market’s average of 4.2%. Earnings are expected to grow by 12.3% per year after breaking a five-year earnings decline with a 0.5% uptick in the most recent period. With shares currently trading at €35.94, well below their assessed fair value of €55.75, and quality of earnings described as high, the absence of...
HLSE:MEKKO
HLSE:MEKKOLuxury

Marimekko (HLSE:MEKKO) Profit Margin Rises, Testing Market Views on Earnings Quality

Marimekko (HLSE:MEKKO) reported revenue growth projected at 5.7% per year, overtaking the Finnish market average of 4.2%. EPS is forecast to climb 11.9% annually, though this pace trails the market’s expected 16.7% gain. A net profit margin of 13.1% puts Marimekko slightly ahead of last year’s 12.9%, and five-year annualized earnings growth stands at 7%, with the most recent year reaching 7.1%. Investors may see ongoing profit growth and a recent margin uptick as positive signals, especially...
HLSE:ANORA
HLSE:ANORABeverage

Anora Group (HLSE:ANORA) Profit Growth Outlook Reinforces Bullish Narrative Despite Slower Revenue Forecast

Anora Group Oyj (HLSE:ANORA) is posting an earnings turnaround, with revenue forecast to grow 1.3% per year. This trails the Finnish market's 4.2% pace. However, EPS is expected to jump by an impressive 20.2% every year, outstripping the local market growth benchmark of 16.7%. The company has returned to profitability with accelerating profit growth and improving net profit margins after several challenging years, even though earnings have declined by 34.5% per year on average over the past...
HLSE:ALMA
HLSE:ALMAMedia

Alma Media (HLSE:ALMA) Margins Reach 17%, Surpassing Bullish Community Expectations

Alma Media Oyj (HLSE:ALMA) reported a net profit margin of 17%, a touch above last year’s 16.5%, with five-year annual earnings growth averaging 9.2%. The most recent year saw earnings growth of 7.6%, slightly below the longer-term trend. Looking ahead, earnings are forecast to rise at 11.86% per year and revenue by 3.4% per year, both lagging behind Finnish market averages. Shares currently trade at €14.8, below an estimated fair value of €24.14. However, the Price-to-Earnings Ratio stands...
HLSE:LEMON
HLSE:LEMONSoftware

Lemonsoft (HLSE:LEMON) Net Margin Falls to 14.2%, Pressuring Bullish Profit Narratives

Lemonsoft (HLSE:LEMON) posted a net profit margin of 14.2%, down from last year’s 17%. Current forecasts call for earnings growth of 13.69% annually. Revenue is expected to grow 4.4% per year, just above the Finnish market average. The shares are currently trading at €7, below an estimated fair value of €8.34 calculated using discounted cash flow. The combination of consistent profit and revenue growth alongside some margin pressure sets a stable but cautious tone for the recent earnings...
HLSE:QTCOM
HLSE:QTCOMSoftware

Why Qt Group Oyj (HLSE:QTCOM) Is Down 12.0% After Flat Q3 Revenue and Profit Warning

Qt Group Oyj recently reported Q3 2025 revenue of US$40.7 million, flat year-over-year on a constant currency basis, and issued a profit warning due to postponed large deals and a lower EBITDA margin, while keeping full-year guidance unchanged. Additionally, the company completed its acquisition of IAR Systems, which is expected to broaden its product suite and reinforce its position within the embedded markets segment. We will examine how the flat revenue and profit warning with maintained...
HLSE:NOKIA
HLSE:NOKIACommunications

Nokia Oyj (HLSE:NOKIA) Is Up 9.9% After Nvidia’s $1 Billion AI Investment and 5G-6G Partnership Has The Bull Case Changed?

In late October 2025, Nvidia announced a US$1 billion equity investment in Nokia for a 2.9% stake, launching a partnership to integrate Nvidia's AI technology with Nokia’s 5G and 6G network infrastructure and accelerate development of AI-native mobile networks. This collaboration signals a pivotal expansion for both firms, connecting AI and telecommunications to create next-generation wireless services and infrastructure. Nokia’s ability to leverage Nvidia’s AI capabilities for advanced...
HLSE:YIT
HLSE:YITConsumer Durables

YIT (HLSE:YIT) Losses Deepen, Challenging Optimistic Growth and Value Narratives

YIT Oyj (HLSE:YIT) remains unprofitable, with losses accelerating at an annual rate of 64.6% over the past five years. While margin comparisons to previous years are not meaningful given ongoing negative earnings, investors are watching closely as the company stays in the red. See our full analysis for YIT Oyj. Now, let's put these earnings in context by examining how they compare with the key narratives the market and investors focus on, highlighting where expectations meet reality and where...
HLSE:GRK
HLSE:GRKConstruction

GRK Infra (HLSE:GRK) Margins Leap to 6.1%, Challenging Bearish Outlook on Growth Prospects

GRK Infra Oyj (HLSE:GRK) posted a net profit margin of 6.1%, up from 4.5% a year ago, and notched 80.1% earnings growth over the past year, outpacing its five-year average annual rate of 27.6%. Over the last five years, the company’s profits grew at an average rate of 27.6% per year. Looking ahead, both revenue and earnings are projected to decline annually by 1.6% and 0.9% respectively. Investors have a mixed picture: strong historical growth and improved margins are set against shifting...
HLSE:CTY1S
HLSE:CTY1SReal Estate

Citycon (HLSE:CTY1S): Losses Accelerate 45.5% Annually, Valuation Discount Draws Investor Scrutiny Ahead of Earnings

Citycon Oyj (HLSE:CTY1S) continues to report losses, with net losses accelerating at a 45.5% annual rate over the past five years. However, with earnings projected to grow by 8.03% per year and profitability expected within the next three years, investors are weighing this turnaround potential against a much slower 1.8% annual revenue growth forecast, which lags the Finnish market average of 4.2%. Despite these mixed trends, the company’s discounted share price and attractive valuation...
HLSE:ALMA
HLSE:ALMAMedia

Alma Media Oyj (HLSE:ALMA): Assessing Valuation After Record Profit and Digital Growth Momentum

Alma Media Oyj (HLSE:ALMA) just posted its third-quarter results, catching the market’s attention with both record operating profit and 5% revenue growth. Most of its revenue now comes from digital channels and smart acquisitions. See our latest analysis for Alma Media Oyj. Alma Media Oyj’s robust quarter comes after a year of strong momentum, with digital transformation and smart acquisitions propelling its 2025 operating profit to record highs. Despite a minor dip this week, the stock’s...
HLSE:ELISA
HLSE:ELISATelecom

Elisa (HLSE:ELISA): Exploring Valuation After Sales and Net Income Growth with Fresh 2025 Guidance

Elisa Oyj (HLSE:ELISA) just released its latest earnings, showing higher sales and net income for both the third quarter and the first nine months of 2025. The company also shared updated full-year guidance. See our latest analysis for Elisa Oyj. Elisa Oyj’s latest earnings update follows a year where momentum has faded, with the company’s share price slipping 13.8% over the past month and recording a year-to-date share price return of -9.7%. Its 1-year total shareholder return of -8.5%...
HLSE:YIT
HLSE:YITConsumer Durables

European Stocks That May Be Trading Below Estimated Value

As European markets experience a period of growth, with major indices like the STOXX Europe 600 and Germany's DAX posting gains, investors may find opportunities in stocks that are potentially trading below their estimated value. In this environment, identifying undervalued stocks involves assessing companies that demonstrate solid fundamentals and potential for recovery or growth despite current market fluctuations.
HLSE:NESTE
HLSE:NESTEOil and Gas

Will Neste Oyj’s (HLSE:NESTE) Strong Q3 Net Income Shift Its Sales-Driven Investment Story?

Neste Oyj released its third quarter and nine-month 2025 earnings, reporting a year-on-year decline in sales but a significant rise in net income for the quarter, with EUR 4.53 billion in sales and EUR 106 million net income. Management reaffirmed full-year 2025 guidance, expecting renewable and oil product sales volumes to surpass 2024 levels despite lower net income across the nine-month period. We'll explore how the improved quarterly earnings and unchanged sales outlook contribute to...