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Alma Media

13.80 EUR+2.99 %16.10, 17.29
5,798 following

ALMA

NASDAQ Helsinki

Media & Entertainment

Consumer Goods & Services

Overview
Financials & Estimates
Dividend
Short Selling
Investor views
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+2.99 %
+0.73 %
+3.76 %
+9.09 %
-3.83 %
-8.00 %
+60.09 %
+19.17 %
+130.00 %

Alma Media operates in the media sector. The company's main focus is on digital media, where the offering consists of news content that touches on lifestyle, career and finance. The group operates several brands, the better-known of which include Kauppalehti. The customers are found in the Nordic countries, the Baltics and Europe and consist of private users. The head office is located in Helsinki.

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Market cap
1.14B EUR
Turnover
69.41K EUR
P/E (adj.) (26e)
15.56
EV/EBIT (adj.) (26e)
12.75
P/B (26e)
4.04
EV/S (26e)
3.55
Dividend yield-% (26e)
3.77 %
Coverage
Recommendation
Buy
Target price
16.50 EUR
Updated
12.08.2026
Disclaimer
Petri Gostowski
Petri Gostowski

Co. Head of Research

Latest research

Latest analysis report

Released: 13.08.2026

Latest extensive report

Released: 11.06.2024

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
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Forum discussions
Alma’s partial peer and competitor Vend Marketplaces’ share price is on a rollercoaster in the stock market. Among others, Nordea slashed its target price with a “monster cut” from 315 to 130 kroner. AI agents are eating away at the marketplace companies’ business model, and Nordea...
10/8/2026, 2:25 PM
by PörssiPatruuna
11
Nordea indeed slashed the target price of Vendi—a partial competitor and peer of Alma Media—in one fell swoop by nearly 60% (from NOK 315 to 130). The reasoning behind this is the advent of AI & AI agents, along with their potential disruption to online marketplaces (cars, recruitment...
10/13/2026, 9:59 AM
by PörssiPatruuna
9
I usually reflect on that risk meter around the earnings releases, let’s look at it again in Q3. Generally speaking, Alma Media’s risk level is below average, so in my opinion, a 2 has been justified. I’ve talked a lot with the company about the threat posed by AI and, of course,...
10/12/2026, 12:58 PM
by Petri Gostowski
8
Maybe, at long last, as someone from the Stone Age, I’ve finally wrapped my moss-covered brain around the idea and brought it into modern times—and it’s fantastic to see interesting discussion emerge in such a dead thread and stock! When Alma is stacking up record results, there ...
10/13/2026, 11:58 AM
by Latela
7
Petri has written a company report on strong Alma Alma Media’s Q2 results exceeded our forecasts, driven by strong performance across all business areas. The company’s impressive operational performance provides a solid foundation for robust earnings growth in the coming years. In...
8/13/2026, 4:02 AM
by Sijoittaja-alokas
7
You have understood correctly. This is roughly the framework Nordea uses to assess the outlook for marketplace companies. Investment bank Arctic, on the other hand, has reached the opposite conclusion—that AI is more of a benefit. The latest “take” was submitted by Pareto Securities...
10/14/2026, 6:46 AM
by PörssiPatruuna
6
An article about Alma from a financial perspective: ”Lead Analyst Petri Gostowski notes that this year, for example, Sanoma and Alma have delivered solid results, even though advertisers have spent less on media advertising. Alma’s News Media division is quite profitable. Sanoma ...
10/5/2026, 5:36 PM
by PörssiPatruuna
5
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
29.10
2026

Interim report Q3'26

Regulatory press release12.10.2026, 14.00

Alma Media Corporation: Share repurchase during week 41

Alma Media
Regulatory press release08.10.2026, 08.00

Changes in Alma Media's Organizational Structure and Group Management Team

Alma Media
Regulatory press release05.10.2026, 14.00

Alma Media Corporation: Share repurchase during week 40

Alma Media

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Regulatory press release28.09.2026, 14.00

Alma Media Corporation: Share repurchase during week 39

Alma Media
Analyst Comment24.09.2026, 08.56 by
Petri Gostowski

Ad investments remained flat in August

According to statistics published by Fifty5Blue, media advertising volumes in Finland showed stable development in August.

SanomaAlma MediaKeskisuomalainenIlkka
Regulatory press release21.09.2026, 14.00

Alma Media Corporation: Share repurchase during week 38

Alma Media
Regulatory press release14.09.2026, 14.00

Alma Media Corporation: Share repurchase during week 37

Alma Media
Regulatory press release07.09.2026, 14.00

Alma Media Corporation: Share repurchase during week 36

Alma Media
Regulatory press release31.08.2026, 14.00

Alma Media Corporation: Share repurchase during week 35

Alma Media
Analyst Comment27.08.2026, 08.43 by
Petri Gostowski

Ad investments nearly flat in July

According to statistics published by Fifty5Blue (formerly Kantar), the volume of Finnish media advertising decreased by nearly 1% in July year-on-year.

SanomaAlma MediaIlkkaKeskisuomalainen
Regulatory press release24.08.2026, 14.00

Alma Media Corporation: Share repurchase during week 34

Alma Media
Regulatory press release17.08.2026, 14.00

Alma Media Corporation: Share repurchase during week 33

Alma Media
Alma Media Q2'26: Earnings growth raises the expected return high
Research13.08.2026, 11.19 by
Petri Gostowski

Alma Media Q2'26: Earnings growth raises the expected return high

Alma Media's Q2 earnings exceeded our estimates, supported by strong performance across all business segments.

Alma Media
Alma Media Oyj, Q2'26
Webcast12.08.2026, 08.30

Alma Media Oyj, Q2'26

Alma Media
Alma Media Q2’26 flash comment: Compelling performance across all segments
Analyst Comment12.08.2026, 08.21 by
Petri Gostowski

Alma Media Q2’26 flash comment: Compelling performance across all segments

Revenue development was slightly better than estimated, but with very strong margin development, earnings clearly exceeded estimates.

Alma Media
Regulatory press release12.08.2026, 07.00

Alma Media's Half-Year Report January-June 2026: Strong profitability with all segments improving results

Alma Media
Regulatory press release10.08.2026, 14.00

Alma Media Corporation: Share repurchase during week 32

Alma Media
Alma Media Q2'26 preview: We expect the upward trajectory in performance to have continued
Analyst Comment10.08.2026, 08.29 by
Petri Gostowski

Alma Media Q2'26 preview: We expect the upward trajectory in performance to have continued

We expect the company's revenue and operational result to have grown from the comparison period.

Alma Media
Press release07.08.2026, 13.15

Modular Finance IR Consensus: Alma Media – Consensus estimates Q2 2026

Alma Media
Press release04.08.2026, 12.00

Alma Media's Half-Year Report 2026 to be published on 12 August 2026

Alma Media