H4N Stock Overview

Operates as a food production company in Finland. More details

H4N fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	2/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Revenue is forecast to grow 43.77% per year

Revenue grew by 50.2% over the past year

Risk Analysis

Highly volatile share price over the past 3 months compared to the German market

Earnings are forecast to decline by an average of 16.1% per year for the next 3 years

Currently unprofitable and not forecast to become profitable over the next 3 years

Does not have meaningful revenue (€4M)

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Solar Foods Oyj Competitors

Nabaltec

XTRA:NTG

€138.6m

H&R GmbH KGaA

XTRA:2HRA

€185.0m

Uzin Utz

XTRA:UZU

€310.2m

BRAIN Biotech

XTRA:BNN

€46.3m

Price History & Performance

Summary of share price highs, lows and changes for Solar Foods Oyj
Historical stock prices
Current Share Price	€5.70
52 Week High	€8.16
52 Week Low	€2.90
Beta	0
1 Month Change	-7.77%
3 Month Change	77.02%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-29.89%

Recent updates

Shareholder Returns

	H4N	DE Chemicals	DE Market
7D	3.6%	1.9%	1.2%
1Y	n/a	-2.3%	14.0%

Return vs Industry: Insufficient data to determine how H4N performed against the German Chemicals industry.

Return vs Market: Insufficient data to determine how H4N performed against the German Market.

Price Volatility

Is H4N's price volatile compared to industry and market?
H4N volatility
H4N Average Weekly Movement	14.1%
Chemicals Industry Average Movement	6.7%
Market Average Movement	6.4%
10% most volatile stocks in DE Market	13.0%
10% least volatile stocks in DE Market	3.1%

Stable Share Price: H4N's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: H4N's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
2017	42	Rami Jokela	solarfoods.com

Solar Foods Oyj operates as a food production company in Finland. The company offers Solein, a natural protein for food industry. Solar Foods Oyj was incorporated in 2017 and is based in Vantaa, Finland.

Solar Foods Oyj Fundamentals Summary

How do Solar Foods Oyj's earnings and revenue compare to its market cap?
H4N fundamental statistics
Market cap	€145.17m
Earnings (TTM)	-€11.02m
Revenue (TTM)	€4.43m

32.8x

P/S Ratio

-13.2x

P/E Ratio

Is H4N overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
H4N income statement (TTM)
Revenue	€4.43m
Cost of Revenue	€3.93m
Gross Profit	€501.93k
Other Expenses	€11.52m
Earnings	-€11.02m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Aug 14, 2025

Earnings per share (EPS)	-0.45
Gross Margin	11.32%
Net Profit Margin	-248.68%
Debt/Equity Ratio	85.4%

How did H4N perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/16 22:34
End of Day Share Price	2025/05/16 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Solar Foods Oyj is covered by 2 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Iiris Theman	Carnegie Commissioned Research
Thomas Westerholm	Inderes Oy

Solar Foods Oyj DB:H4N Stock Report