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Lindex Group OyjHLSE:LINDEX Stock Report

Market Cap €357.8m
Share Price
€2.18
€2.75
20.7% undervalued intrinsic discount
1Y-21.2%
7D1.4%
1D
Portfolio Value
View

Lindex Group Oyj

HLSE:LINDEX Stock Report

Market Cap: €357.8m

Lindex Group Oyj (LINDEX) Stock Overview

Engages in the retailing business in Finland and internationally. More details

LINDEX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance5/6
Financial Health3/6
Dividends0/6

LINDEX Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Lindex Group Oyj Competitors

Price History & Performance

Summary of share price highs, lows and changes for Lindex Group Oyj
Historical stock prices
Current Share Price€2.18
52 Week High€3.12
52 Week Low€2.10
Beta0.72
1 Month Change-7.04%
3 Month Change-12.80%
1 Year Change-21.16%
3 Year Change11.00%
5 Year Change43.23%
Change since IPO-76.43%

Recent News & Updates

Narrative Update May 13

LINDEX: 2026 Revenue Guidance Will Support Long-Term Upside Potential

Analysts have reduced their price target for Lindex Group Oyj from €2.85 to €2.75, citing slightly higher assumed discount rates along with updated views on revenue growth, profit margins and future P/E levels. What's in the News Lindex Group Oyj issued revenue guidance for full year 2026, stating that it expects revenue in local currencies to grow compared to 2025 (Corporate guidance).
Narrative Update Apr 22

LINDEX: 2026 Guidance And Board Stability Will Support Long-Term Upside

Analysts have trimmed their price target for Lindex Group Oyj from €2.95 to €2.85, reflecting updated assumptions for slightly lower revenue growth, a modestly reduced profit margin and a marginally lower future P/E multiple. What's in the News Lindex Group Oyj has scheduled a board meeting for March 26, 2026, with the agenda to consider and approve Sari Pohjonen as Chair and Roland Neuwald as Vice Chair (Key Developments).
Narrative Update Apr 07

LINDEX: 2026 Guidance And Stable Board Outlook Will Support Long-Term Upside

Analysts have kept their price target for Lindex Group Oyj unchanged at €2.95, reflecting consistent views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Lindex Group Oyj has scheduled a board meeting for March 26, 2026, to consider and approve the appointments of Sari Pohjonen as Chair and Roland Neuwald as Vice Chair (Key Developments).

Recent updates

Narrative Update May 13

LINDEX: 2026 Revenue Guidance Will Support Long-Term Upside Potential

Analysts have reduced their price target for Lindex Group Oyj from €2.85 to €2.75, citing slightly higher assumed discount rates along with updated views on revenue growth, profit margins and future P/E levels. What's in the News Lindex Group Oyj issued revenue guidance for full year 2026, stating that it expects revenue in local currencies to grow compared to 2025 (Corporate guidance).
Narrative Update Apr 22

LINDEX: 2026 Guidance And Board Stability Will Support Long-Term Upside

Analysts have trimmed their price target for Lindex Group Oyj from €2.95 to €2.85, reflecting updated assumptions for slightly lower revenue growth, a modestly reduced profit margin and a marginally lower future P/E multiple. What's in the News Lindex Group Oyj has scheduled a board meeting for March 26, 2026, with the agenda to consider and approve Sari Pohjonen as Chair and Roland Neuwald as Vice Chair (Key Developments).
Narrative Update Apr 07

LINDEX: 2026 Guidance And Stable Board Outlook Will Support Long-Term Upside

Analysts have kept their price target for Lindex Group Oyj unchanged at €2.95, reflecting consistent views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Lindex Group Oyj has scheduled a board meeting for March 26, 2026, to consider and approve the appointments of Sari Pohjonen as Chair and Roland Neuwald as Vice Chair (Key Developments).
Narrative Update Mar 23

LINDEX: 2026 Guidance And Steady Assumptions Will Support Long Term Upside

Analysts kept their fair value estimate for Lindex Group Oyj steady at €2.95 per share, citing unchanged assumptions around discount rate, revenue growth, profit margin and future P/E as the basis for maintaining the previous price target level. What's in the News Lindex Group issued earnings guidance for 2026, stating that revenue in local currencies is expected to be higher than in 2025 (Corporate Guidance).
Narrative Update Mar 09

LINDEX: Department Store Separation And 2026 Guidance Will Support Long Term Upside

Analysts have kept their price target for Lindex Group Oyj steady at €2.95, reflecting unchanged assumptions on fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News Lindex Group issued earnings guidance for 2026, indicating that revenue in local currencies is expected to grow compared to 2025 (company guidance).
Narrative Update Feb 23

LINDEX: Department Store Separation Review Will Support Higher Long Term Upside

Analysts now set their price target for Lindex Group Oyj at €2.95, up from €2.85, reflecting updated assumptions on slightly higher revenue growth, a lower profit margin and a higher future P/E multiple. What's in the News Lindex Group Oyj issued earnings guidance for 2026, stating that revenue in local currencies is expected to be higher compared to 2025 (Corporate Guidance).
Narrative Update Feb 09

LINDEX: Department Store Separation And Stable Outlook Will Shape Balanced Return Potential

Analysts have kept their fair value estimate for Lindex Group Oyj steady at €2.85. Only slight tweaks to inputs such as the discount rate and future P/E assumption informed this unchanged price target.
Narrative Update Jan 24

LINDEX: Future Separation Of Department Stores Will Unlock Hidden Upside

Analysts have cut their fair value estimate for Lindex Group Oyj from €3.50 to €2.85, citing updated assumptions for revenue growth, profit margins, and a lower future P/E multiple. What's in the News Lindex Group Oyj is conducting a broad review of options for the Stockmann department store business, with the aim of finding a long-term solution for the unit and its shareholders.
Analysis Article Dec 23

Lindex Group Oyj's (HEL:LINDEX) Popularity With Investors Is Under Threat From Overpricing

Lindex Group Oyj's ( HEL:LINDEX ) price-to-earnings (or "P/E") ratio of 27.3x might make it look like a sell right now...
Analysis Article Nov 01

We Think Lindex Group Oyj's (HEL:LINDEX) Healthy Earnings Might Be Conservative

The market seemed underwhelmed by last week's earnings announcement from Lindex Group Oyj ( HEL:LINDEX ) despite the...
Analysis Article Jun 10

Estimating The Intrinsic Value Of Lindex Group Oyj (HEL:LINDEX)

Key Insights The projected fair value for Lindex Group Oyj is €3.76 based on 2 Stage Free Cash Flow to Equity With...
Analysis Article Apr 10

With Lindex Group Oyj (HEL:LINDEX) It Looks Like You'll Get What You Pay For

With a price-to-earnings (or "P/E") ratio of 32.1x Lindex Group Oyj ( HEL:LINDEX ) may be sending very bearish signals...
User avatar
New Narrative Mar 18

Digital Initiatives And Sustainability Efforts Will Strengthen Future Customer Loyalty

Potential restructuring around Lindex could refine business strategy and boost long-term revenue and earnings.
Analysis Article Feb 15

Investors Can Find Comfort In Lindex Group Oyj's (HEL:LINDEX) Earnings Quality

Investors were disappointed with the weak earnings posted by Lindex Group Oyj ( HEL:LINDEX ). While the headline...
Analysis Article Feb 12

Results: Lindex Group Oyj Beat Earnings Expectations And Analysts Now Have New Forecasts

Shareholders might have noticed that Lindex Group Oyj ( HEL:LINDEX ) filed its annual result this time last week. The...
Analysis Article Jul 13

Is Stockmann Oyj Abp (HEL:STOCKA) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Mar 16

Should Shareholders Have Second Thoughts About A Pay Rise For Stockmann Oyj Abp's (HEL:STOCKA) CEO This Year?

The underwhelming performance at Stockmann Oyj Abp ( HEL:STOCKA ) recently has probably not pleased shareholders. The...
Analysis Article Mar 08

Stockmann Oyj Abp (HEL:STOCKA) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Stockmann Oyj Abp's ( HEL:STOCKA ) robust earnings report didn't manage to move the market for its stock. We did some...

Shareholder Returns

LINDEXFI Multiline RetailFI Market
7D1.4%-0.8%4.9%
1Y-21.2%-9.0%35.1%

Return vs Industry: LINDEX underperformed the Finnish Multiline Retail industry which returned -7% over the past year.

Return vs Market: LINDEX underperformed the Finnish Market which returned 34.4% over the past year.

Price Volatility

Is LINDEX's price volatile compared to industry and market?
LINDEX volatility
LINDEX Average Weekly Movement4.3%
Multiline Retail Industry Average Movement5.4%
Market Average Movement5.1%
10% most volatile stocks in FI Market8.1%
10% least volatile stocks in FI Market3.2%

Stable Share Price: LINDEX has not had significant price volatility in the past 3 months compared to the Finnish market.

Volatility Over Time: LINDEX's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18625,794Susanne Ehnbagewww.lindexgroup.com

Lindex Group Oyj engages in the retailing business in Finland and internationally. The company operates through Lindex and Stockmann segments. It also offers women's clothing, lingerie and underwear, children's clothing, and cosmetics and accessories.

Lindex Group Oyj Fundamentals Summary

How do Lindex Group Oyj's earnings and revenue compare to its market cap?
LINDEX fundamental statistics
Market cap€357.79m
Earnings (TTM)€26.70m
Revenue (TTM)€959.30m
13.4x
P/E Ratio
0.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LINDEX income statement (TTM)
Revenue€959.30m
Cost of Revenue€398.80m
Gross Profit€560.50m
Other Expenses€533.80m
Earnings€26.70m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 17, 2026

Earnings per share (EPS)0.16
Gross Margin58.43%
Net Profit Margin2.78%
Debt/Equity Ratio19.6%

How did LINDEX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/26 13:24
End of Day Share Price 2026/05/26 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Lindex Group Oyj is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tommy IlmoniCarnegie Investment Bank AB
Kalle KarppinenDanske Bank
Stefan LyckeDeutsche Bank