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Aspocomp Group

6.12 EUR+0.33 %6.11, 17.29
4,284 following

ACG1V

NASDAQ Helsinki

Telecommunications

Technology

Overview
Financials & Estimates
Dividend
Short Selling
Investor views
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+0.33 %
+6.62 %
+13.75 %
+26.19 %
+20.47 %
+16.35 %
+61.48 %
+10.07 %
-92.75 %

Aspocomp Group operates in the telecom sector. The company specializes in research and development of circuit technology. In addition to its main business, it offers a wide range of technical solutions for logistics. The products are used in a number of different product areas, with the largest focus on telecom, automotive and the security industry. Aspocomp Group has its headquarters in Espoo.

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Market cap
46.07M EUR
Turnover
14.89K EUR
P/E (adj.) (26e)
30.85
EV/EBIT (adj.) (26e)
24.84
EV/S (26e)
1.32
Dividend yield-% (26e)
-
Coverage
Recommendation
Accumulate
Target price
7.20 EUR
Updated
29.10.2026
Disclaimer
Juha Kinnunen
Juha Kinnunen

Analyst

Latest research

Latest analysis report

Released: 29.10.2026

Latest extensive report

Released: 04.06.2026

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
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Press releases
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Forum discussions
Thank you @Juha_Kinnunen for the good analysis. There were IMO many good points and the same thoughts that I have had myself. Regarding the figures for the coming years, however, I am significantly more bullish, so I’d like to ask about them in a bit more detail. -For 2028 revenue...
10/29/2026, 10:38 AM
by Choyoba_Capital
10
A fresh article about Aspocomp in Kaleva. The expansion project is apparently progressing on schedule: “In practice, our production will probably grow by +50% by next summer.” An interesting comment on the state of the industry as well: “Printed circuit boards are and will continue...
10/20/2026, 2:55 PM
by Choyoba_Capital
9
Strong numbers indeed and a nice, nascent glimpse of the future profitability potential, even though I expect profitability to improve further going forward. (Of course, one must first take into account the 6-month ramp-up period for the expansion mentioned in the report, which will...
10/28/2026, 8:35 AM
by Choyoba_Capital
7
Aspocomp’s CEO Manu Skyttä was interviewed by Juha Topics: (00:00) Aspocomp’s Q3 performance (01:09) Profitability (01:43) Production at the Oulu plant (02:12) Operating cash flow was negative (03:39) Order intake (05:30) Installation and commissioning phase of the Oulu plant falls...
10/28/2026, 4:44 PM
by Sijoittaja-alokas
6
Here is an analysis of Aspocomp from Juha following Q3 We are upgrading our recommendation for Aspocomp to Accumulate (prev. Reduce) and raising the target price to EUR 7.2 (prev. EUR 5.2). The Q3 result clearly exceeded our expectations thanks to a leap in growth within the defense...
10/29/2026, 9:30 AM
by Sijoittaja-alokas
5
I’m eagerly waiting for foreign PCB manufacturers to start rolling out their Q3 earnings reports soon. In addition to comments and outlooks (especially regarding how much price increases have been passed on to products due to strong demand), it will be interesting to see whether ...
10/20/2026, 7:54 AM
by Choyoba_Capital
4
Personally, I wouldn’t call the Q3 profitability a “new normalized profitability level” just yet. I do, of course, expect profitability to have improved significantly now that the old, much-discussed low-margin orders were completed in Q2. But otherwise, the year 2026 will likely...
10/26/2026, 7:11 AM
by Choyoba_Capital
2
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
23.2
2027

Annual report '26

27.4
2027

Interim report Q1'27

28.4
2027

General meeting '27

Aspocomp Q3'26: Vækstens komponenter falder på plads
Research29.10.2026, 07.00
by Juha Kinnunen

Aspocomp Q3'26: Vækstens komponenter falder på plads

Aspocompis Q3-regnskabsmeddelelse oversteg vores forventninger klart takket være vækstappet i forsvarssektoren. Vi har opjusteret vores estimater for 2028 betydeligt og er fortrøstningsfulde med hensyn til en stærk indtjeningsvækst i de kommende år.

Aspocomp Group
Aspocomp Q3'26: Demand is sufficient24:46
Video28.10.2026, 15.14
by Juha Kinnunen

Aspocomp Q3'26: Demand is sufficient

Aspocomp's revenue grew by 20% in Q3.

Aspocomp Group
Regulatory press release28.10.2026, 08.00

Aspocomp’s Interim Report January–September 2026: Clear improvement in profitability, defense industry now the company's largest customer segment

Aspocomp Group

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Aspocomp Group Q3'26 preview: Gammel ballast forsvinder, indtjeningsevnen klarer op
Analyst Comment26.10.2026, 07.20
by Juha Kinnunen

Aspocomp Group Q3'26 preview: Gammel ballast forsvinder, indtjeningsevnen klarer op

Bortfallet af leverancer med lave dækningsbidrag løfter rentabiliteten markant i Q3.

Aspocomp Group
Press release20.10.2026, 08.00

Aspocomp will publish its Interim Report for January–September 2026 on Wednesday October 28, 2026

Aspocomp Group
Regulatory press release24.09.2026, 12.00

Change in Aspocomp's Management Team – Ville Raatikainen has been appointed Aspocomp's Chief Engineering and Technology Officer

Aspocomp Group
Regulatory press release23.09.2026, 09.00

Aspocomp’s financial reporting and Annual General Meeting in 2027

Aspocomp Group
Regulatory press release15.09.2026, 08.00

Aspocomp Group Plc: Composition of Shareholders’ Nomination Board

Aspocomp Group
Aspocomp Q2'26: Solid præstation i den rigtige retning
Research30.07.2026, 07.06
by Kaisa Vanha-Perttula

Aspocomp Q2'26: Solid præstation i den rigtige retning

Den rekordhøje ordrebog og afslutningen af lavmargenordrer styrkede udsigterne for slutningen af året.

Aspocomp Group
Regulatory press release29.07.2026, 08.00

Aspocomp’s Half-Year Report January–June 2026: Order book at a record high and revenue grew

Aspocomp Group
Aspocomp Q2'26 preview: Stærk efterspørgsel afspejles endnu ikke i resultatet
Analyst Comment22.07.2026, 06.43
by Kaisa Vanha-Perttula

Aspocomp Q2'26 preview: Stærk efterspørgsel afspejles endnu ikke i resultatet

På trods af den stærke efterspørgsel hæmmes indtjeningen efter vores vurdering stadig af ordrer, der tidligere er blevet bogført på ufordelagtige vilkår.

Aspocomp Group
Press release20.07.2026, 08.00

Aspocomp will publish its Half-Year Report for January–June 2026 on Wednesday July 29, 2026

Aspocomp Group
Regulatory press release02.07.2026, 13.00

Change in Aspocomp’s Management Team – Ilkka Lohi has been appointed as Aspocomp's Quality Director

Aspocomp Group
Aspocomp omfattende analyse: Ny vækstfase drevet af stærk efterspørgsel
Extensive research04.06.2026, 17.48
by Kaisa Vanha-Perttula

Aspocomp omfattende analyse: Ny vækstfase drevet af stærk efterspørgsel

Vi forventer, at regnskabsmeddelelsen vil vise en klar opjustering i de kommende år, men vi mener, at en betydelig del af denne udvikling allerede er indregnet i aktien.

Aspocomp Group
Regulatory press release20.05.2026, 13.05

Aspocomp Group Plc: Notification of management’s transaction – Skyttä (share-based incentive)

Aspocomp Group
Regulatory press release05.05.2026, 13.05

Aspocomp Group Plc: Notification of management’s transaction – Manu Skyttä (acquisition)

Aspocomp Group
Aspocomp Q1'26: Indtjeningsvækst i slutningen af året
Research29.04.2026, 19.36
by Kaisa Vanha-Perttula, Juha Kinnunen

Aspocomp Q1'26: Indtjeningsvækst i slutningen af året

En høj ordrebog og elimineringen af lavmargenordrer understøtter ifølge vores vurdering en resultatforbedring mod slutningen af året.

Aspocomp Group
Regulatory press release29.04.2026, 14.50

Aspocomp’s Board of Directors has resolved on a directed share issue to deliver the rewards of the long-term incentive scheme

Aspocomp Group
Regulatory press release29.04.2026, 12.30

Decisions of the Annual General Meeting 2026

Aspocomp Group
Aspocomp Q1’26 hurtig kommentar: Forbigående udfordringer bremsede leveringskapaciteten, mens efterspørgslen forblev stærk
Analyst Comment29.04.2026, 08.35
by Kaisa Vanha-Perttula

Aspocomp Q1’26 hurtig kommentar: Forbigående udfordringer bremsede leveringskapaciteten, mens efterspørgslen forblev stærk

Aspocomps regnskabsmeddelelse for 1. kvartal levede ikke op til vores forventninger, selvom det meste af svagheden skyldtes midlertidige faktorer.

Aspocomp Group