contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


tekova-solmi-aiesopimuksen-mittavan-kokoisesta-hankkeesta

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Analyst

Atte Jortikka

Tekova is a construction company in Finland, specializing in the construction of business premises, offices, logistics, production and sports facilities. The projects are tailored to the needs of the customers. The regional companies include Tekova Länsi-Suomi Oy in Tampere and Tekova Pohjois-Suomi Oy in Kempele. Tekova was founded in 2018 and has its headquarters in Vantaa.

FWIW: An analysis on Tekova published in January that hasn’t been in the thread. I noticed Gemini used this as one of its sources when I was sparring something. LINC Fundamental Analysis: Tekova / Full report (PDF)  Profitability by Design, Not by Cycle  LINC (Lund University Finance Society), Ville Nordmark  18 January 2026 Target price EUR 2.4  Current price EUR 1.4  Upside 75%  Key takeaways (headings + a couple of my own picks):   Structural Demand Supports Order Intake The Company is already operating at all-time-high revenue levels despite a weak construction environment. Datacenter projects, characterized by high technical complexity and low tolerance for errors, favour contractors with proven delivery, positioning Tekova’s standardized turnkey model as a reliable and repeatable solution. Growth Without Incremental Resources Management estimates that Tekova can grow revenue by approximately 48% from current levels without adding incremental headcount, as the existing organization and operating setup are already sized for higher volumes. Quality-Driven Pricing Power […] reliable delivery with minimal delays and rework lowers total project cost for customers despite higher upfront pricing.

Inderes’ Atte agrees with your interpretation; order intake (34 MEUR) significantly exceeded forecasts (25 MEUR). The company itself did not comment in its announcement whether it went well or not.                    Inderes              Tekova: Q1-tilauskertymä oli odotuksiamme vahvempi - Inderes    Tekovan ensimmäinen vuosineljännes oli näkemyksemme mukaan kaupallisesti vahva.

Tekova              Tekova teki Q1/2026 aikana sopimukset kuudesta hankkeesta – yhteisarvo noin...                              Q1 went quite well, at least according to Tekova itself

Tekova awarded contracts for a complex of four commercial properties | Kauppalehti

Tekova built new facilities for Kamux in Jyväskylä. Here’s how it went, straight from the customer:               Marketing material from the Kerava-Sipoo Energy Arena, which was even praised by Hesari:               And one more case announced this year that hasn’t been in the thread yet: A new mega-store was completed for POWER in Raisio.

Also an updated report from Juho Tilli at Evli:   Tekova - High dividend yield supports while we wait for profitability to settle Very much in line with Inderes. However, a slightly larger cut to the target price and the recommendation changed: buy → accumulate. Evidence of the profitability of self-developed projects is expected this year.  We lower our target price to EUR 1.45 (EUR 1.7) and change rating ACCUMULATE (BUY).   Tekova’s Q4 was strong but EBIT guidance for 2026 was wide. Current year is likely to be a gap year after very strong 2025, but it will reveal the profitability of real estate development. A high dividend yield of almost 7% supports positive rating, but we cut profitability estimates for the coming years.   Valuation is still low but wide guidance leaves question marks for 2026. With current EPS estimates P/E ratio for 2026 and 2027 is 8.4 and 7.3. We see P/E of 8 as a fair level until profitability of real estate development is proven. Current dividend yield of 6.7 % contributes meaningfully to expected return while we wait to see how profitability for 2026 unfolds.

Atte has published a new company report on Tekova following the release of the Q4 results.  Tekova’s revenue grew even more strongly than our forecasts in Q4 as the company’s massive data center project progressed faster than we expected. Reflecting the order backlog recognized at a high pace last year and the company’s guidance, we have lowered our forecasts for the current year. Despite the changes, the valuation remains at a modest level, and the expected return consequently stays attractive. In addition to the modest valuation, the expected return is supported by a strong dividend yield. Following the forecast changes, we are lowering our target price to EUR 1.50 (previously EUR 1.65); our recommendation remains at Accumulate. Quoted from the report: Valuation does not require miracles. Despite the negative forecast changes, the stock’s pricing still appears attractive in our view. Based on our 2026 forecast, Tekova’s stock is valued at a P/E ratio of 8x, while the EV/EBIT multiple, which takes into account the significant net cash, is around 4x. Based on the current year’s forecast and our acceptable valuation (P/E: 8–10x, EV/EBIT: 6–8x), the stock still has upside potential. However, in our view, a more significant upside from current levels would require earnings growth to accelerate more strongly than we expect. On the other hand, a dividend yield of approximately 7% also supports the stock’s expected return in the coming years.                   Inderes              Tekova Q4'25: Hengähdys vahvan kasvuvuoden jälkeen - Inderes    Viime vuonna vauhdilla tuloutunutta tilauskantaa sekä yhtiön ohjeistusta peilaten olemme laskeneet ennusteitamme kuluvalle vuodelle.

Tekova

Omakehitteinen hanke on kokoluokaltaan merkittävä ja tukee ennusteissamme vahvalla tasolla säilyvää liikevaihtoa sekä kannattavuutta tulevina vuosina.

Tekova tiedotti tiistaina allekirjoittaneensa aiesopimuksen noin 17 MEUR:n arvoisesta omakehitteisest&#xe4; hankkeesta. Hanke on kokoluokaltaan yhti&#xf6;lle merkitt&#xe4;v&#xe4; ja tukee ennusteissamme vahvalla tasolla s&#xe4;ilyv&#xe4;&#xe4; liikevaihtoa, sek&#xe4; kannattavuutta tulevina vuosina. 
<h2>Aiesopimus tuotanto- ja varastohankkeesta</h2>
Tekova on allekirjoittanut aiesopimuksen sijoittajan kanssa Kanta-H&#xe4;meeseen toteutettavasta tuotanto- ja varastorakennushankkeesta. Hankkeen kiinteist&#xf6;kaupan kokonaisarvon arvioidaan olevan noin 17 MEUR, ja sille on l&#xf6;ytynyt my&#xf6;s tuleva vuokralainen, jonka kanssa on niin ik&#xe4;&#xe4;n tehty aiesopimus. Tavoitteena on allekirjoittaa lopulliset sopimukset l&#xe4;hikuukausien aikana, jolloin hanke siirtyisi my&#xf6;s yhti&#xf6;n tilauskirjaan. 
Rakentamisen on m&#xe4;&#xe4;r&#xe4; alkaa kev&#xe4;&#xe4;ll&#xe4; 2026 ja valmistua vuoden 2027 aikana. Noin 17 MEUR:n kokoluokka on Tekovalle varsin merkitt&#xe4;v&#xe4; ja vastaa noin 8 % liikevaihtoennusteestamme vuosille 2026&#x2013;2027. Tiedote tukee ennusteitamme tuleville vuosille, mutta ei aiheuta niihin muutospaineita. Odotamme liikevaihdon kasvun maltillistuvan ensi vuonna mutta kannattavuuden pysyv&#xe4;n yh&#xe4; vahvalla tasolla, jota tukee juuri omakehitteisten hankkeiden kasvava m&#xe4;&#xe4;r&#xe4; yhti&#xf6;n projektiportfoliossa.

	2024	25e	26e
Revenue	65.5	103.2	104.3
growth-%	17.1 %	57.6 %	1.0 %
EBIT (adj.)	6.0	10.2	9.8
EBIT-% (adj.)	9.1 %	9.9 %	9.4 %
EPS (adj.)	0.11	0.18	0.18
Dividend	0.04	0.08	0.09
Dividend %	4.6 %	5.9 %	6.3 %
P/E (adj.)	7.7	7.4	7.6
EV/EBITDA	3.9	3.6	3.5

Tekova solmi aiesopimuksen mittavan kokoisesta hankkeesta

Aiesopimus tuotanto- ja varastohankkeesta

Key Estimate Figures31.10.2025

Forum discussions