Price Target Changed • Apr 23
Price target increased by 13% to €4.50 Up from €4.00, the current price target is provided by 1 analyst. New target price is 7.9% above last closing price of €4.17. Stock is up 4.3% over the past year. The company is forecast to post earnings per share of €0.21 for next year compared to €0.14 last year. Upcoming Dividend • Mar 11
Upcoming dividend of €0.10 per share Eligible shareholders must have bought the stock before 18 March 2026. Payment date: 26 March 2026. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Finnish dividend payers (5.6%). Higher than average of industry peers (2.2%). Declared Dividend • Feb 18
Final dividend of €0.10 announced Shareholders will receive a dividend of €0.10. Ex-date: 18th March 2026 Payment date: 26th March 2026 Dividend yield will be 4.8%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by earnings (74% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 134% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Feb 16
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% 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 Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 104% Paying a dividend despite having no free cash flows. High level of non-cash earnings (32% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (4.4% net profit margin). Market cap is less than US$100m (€58.1m market cap, or US$68.9m). Reported Earnings • Feb 16
Full year 2025 earnings released Full year 2025 results: Revenue: €45.0m (up 4.0% from FY 2024). Net income: €1.97m (down 43% from FY 2024). Profit margin: 4.4% (down from 8.0% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Building industry in Europe. 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 104% Paying a dividend despite having no free cash flows. High level of non-cash earnings (73% accrual ratio). Minor Risks High level of debt (61% net debt to equity). Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (€58.1m market cap, or US$69.0m). Duyuru • Oct 27
LapWall Oyj, Annual General Meeting, Mar 17, 2026 LapWall Oyj, Annual General Meeting, Mar 17, 2026. New Risk • Sep 16
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 104% The company is paying a dividend despite having no free cash flows. Dividend yield: 4.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough 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. 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 104% Paying a dividend despite having no free cash flows. High level of non-cash earnings (73% accrual ratio). Minor Risks High level of debt (61% net debt to equity). Market cap is less than US$100m (€56.9m market cap, or US$67.5m). Upcoming Dividend • Sep 05
Upcoming dividend of €0.09 per share Eligible shareholders must have bought the stock before 12 September 2025. Payment date: 22 September 2025. Payout ratio is on the higher end at 75% but the company is not cash flow positive. Trailing yield: 4.6%. Lower than top quartile of Finnish dividend payers (5.9%). Higher than average of industry peers (2.0%). New Risk • Aug 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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: Major Risk High level of non-cash earnings (52% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Paying a dividend despite having no free cash flows. Market cap is less than US$100m (€58.7m market cap, or US$68.5m). Major Estimate Revision • Jun 26
Consensus EPS estimates fall by 19% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.16 to €0.13. Revenue forecast unchanged from €42.3m at last update. Net income forecast to shrink 44% next year vs 24% growth forecast for Building industry in Finland . Consensus price target of €4.00 unchanged from last update. Share price fell 5.3% to €3.58 over the past week. Major Estimate Revision • May 02
Consensus EPS estimates fall by 33% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €44.8m to €42.3m. EPS estimate also fell from €0.24 per share to €0.16 per share. Net income forecast to shrink 36% next year vs 18% growth forecast for Building industry in Finland . Consensus price target down from €4.40 to €4.00. Share price fell 6.5% to €3.75 over the past week. Price Target Changed • May 02
Price target decreased by 9.1% to €4.00 Down from €4.40, the current price target is an average from 2 analysts. New target price is 6.7% above last closing price of €3.75. Stock is up 19% over the past year. The company is forecast to post earnings per share of €0.16 for next year compared to €0.24 last year. Upcoming Dividend • Mar 12
Upcoming dividend of €0.18 per share Eligible shareholders must have bought the stock before 19 March 2025. Payment date: 27 March 2025. Payout ratio is on the higher end at 75% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of Finnish dividend payers (6.0%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 07
Full year 2024 earnings released Full year 2024 results: Revenue: €43.4m (up 3.7% from FY 2023). Net income: €3.46m (up 36% from FY 2023). Profit margin: 8.0% (up from 6.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Building industry in Europe. Duyuru • Dec 23
LapWall Oyj, Annual General Meeting, Mar 18, 2025 LapWall Oyj, Annual General Meeting, Mar 18, 2025. Price Target Changed • Nov 01
Price target increased by 9.5% to €4.05 Up from €3.70, the current price target is an average from 2 analysts. New target price is 11% above last closing price of €3.66. Stock is up 27% over the past year. The company is forecast to post earnings per share of €0.22 for next year compared to €0.18 last year. Major Estimate Revision • Oct 27
Consensus EPS estimates increase by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from €42.9m to €43.7m. EPS estimate increased from €0.18 to €0.205 per share. Net income forecast to grow 21% next year vs 23% growth forecast for Building industry in Finland. Consensus price target up from €3.70 to €3.85. Share price rose 7.2% to €3.57 over the past week. Price Target Changed • Aug 21
Price target increased by 8.8% to €3.70 Up from €3.40, the current price target is an average from 2 analysts. New target price is 15% above last closing price of €3.22. Stock is up 0.6% over the past year. The company is forecast to post earnings per share of €0.18 for next year compared to €0.18 last year. Upcoming Dividend • Mar 06
Upcoming dividend of €0.13 per share Eligible shareholders must have bought the stock before 13 March 2024. Payment date: 21 March 2024. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 4.4%. Lower than top quartile of Finnish dividend payers (5.7%). In line with average of industry peers (4.1%). New Risk • Jul 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (€47.6m market cap, or US$51.8m). Duyuru • May 23
LapWall Oyj (HLSE:LAPWALL) agreed to acquire Element business of KW-Component for €4.2 million. LapWall Oyj (HLSE:LAPWALL) agreed to acquire Element business of KW-Component for €4.2 million on May 22, 2023. KW-Component's element business generated net sales of around €14 million in 2022. The transaction is expected to be completed on May 31, 2023.