GRK Infra

13.13 EUR

+1.83 %

Less than 1K followers

GRK

NASDAQ Helsinki

Construction & Materials

Industrials

Overview

Financials & Estimates

+1.83 %

-9.40 %

-8.47 %

+2.21 %

-3.47 %

-

-

-

+29.96 %

GRK Infra operates in the infrastructure sector. The company's core competence includes the implementation of various infrastructure projects, project management of large and small projects and extensive railway expertise. Customers include the state, municipalities and cities as well as the private sector. In addition to the parent company GRK Infra Oyj, the GRK Group includes companies in each country of operation: GRK Suomi Oy in Finland, GRK Eesti AS in Estonia and GRK Sverige AB in Sweden.

Market cap

537.76M EUR

Turnover

53.44K EUR

P/E (adj.) (26e)

12.86

EV/EBIT (adj.) (26e)

7.13

P/B (26e)

2.63

EV/S (26e)

0.46

Dividend yield-% (26e)

4.27 %

Coverage

Recommendation

Accumulate

Target price

14.50 EUR

Updated

13.02.2026

Atte Jortikka

Analyst

Latest research

Latest analysis report

Released: 13.02.2026

Latest extensive report

Released: 28.05.2025

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar

30.3

2026

General meeting '26

31.3

2026

Bonus dividend

31.3

2026

Annual dividend

Risk

Business risk

Valuation risk

Low

High

All

Research

Press releases

ShowingAll content types

GRK Q4'25: Growth sprint exhausted for now

Research2/13/2026, 9:16 AM by

GRK Q4'25: Growth sprint exhausted for now

GRK's profitability in Q4 was below our estimates, although the guidance for 2026 was quite well in line with our expectations.

GRK Q4'25 flash comment: Earnings missed, guidance in line with expectations

Analyst Comment2/12/2026, 7:52 AM by

GRK Q4'25 flash comment: Earnings missed, guidance in line with expectations

The Q4 result was clearly below our forecasts in terms of profitability, while the 2026 guidance was largely in line with our expectations.

Regulatory press release2/12/2026, 6:30 AM

GRK Financial Statement Release January–December 2025: Record-strong year

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Regulatory press release2/12/2026, 6:30 AM

GRK raises its long-term growth target

GRK Q4'25 preview: Strong year behind

Analyst Comment2/5/2026, 8:28 AM by

GRK Q4'25 preview: Strong year behind

Press release1/30/2026, 12:00 PM

GRK continues the maintenance of railways in Southwest Finland – the value of the option year is approximately EUR 10 million

Press release1/29/2026, 1:00 PM

Invitation to GRK Group Plc’s Financial Statements Release briefing for January–December 2025

Regulatory press release1/27/2026, 1:30 PM

Proposals of GRK Infra Oyj’s Shareholders’ Nomination Board to the Annual General Meeting 2026

GRK won a contract for a section of the extensive Norrbotniabanan project in Sweden

Analyst Comment12/22/2025, 6:50 AM by

GRK won a contract for a section of the extensive Norrbotniabanan project in Sweden

The project is relatively small for the company in terms of size, but it is a strategically important reference in Sweden's growing rail market.

Press release12/19/2025, 9:00 AM

GRK selected to participate in the construction of the Norrbotniabanan coastal railway - project value approximately EUR 14.5 million

Regulatory press release12/2/2025, 11:00 AM

GRK Infra Plc: Notification pursuant to Chapter 9, Section 10 of the Finnish Securities Markets Act

Regulatory press release12/2/2025, 11:00 AM

GRK Infra Plc: Notification pursuant to Chapter 9, Section 10 of the Finnish Securities Markets Act

Regulatory press release12/2/2025, 7:00 AM

GRK Infra Plc cancels all treasury shares held by the company

Analyst Comment11/28/2025, 9:05 AM by

Kreate and GRK signed a contract for the implementation of the first phase of the Vantaa light rail

The total estimated construction cost for the eastern part is 280 MEUR, which will be split equally between GRK and Kreate.

Kreate Group GRK Infra

Regulatory press release11/27/2025, 12:30 PM

GRK Infra Plc's Board of Directors has resolved to cancel all treasury shares held by the company

Press release11/27/2025, 9:00 AM

GRK has signed an agreement on the implementation of the first phase of the eastern section of the Vantaa tramway – EUR 45 million added to order backlog

GRK Q3'25: Projects progressed faster than expected

Research10/31/2025, 12:55 PM by

Antti Viljakainen, Kasper Mellas

GRK Q3'25: Projects progressed faster than expected

GRK’s Q3 result was better than expected, largely due to the order book being executed faster than anticipated. We did not see the need for any significant changes to our estimates.

GRK Q3'25 flash comment: Order book delivery remained strong

Analyst Comment10/30/2025, 9:43 AM by

Antti Viljakainen, Kasper Mellas

GRK Q3'25 flash comment: Order book delivery remained strong

GRK published a stronger Q3 result than we expected, with both revenue and profitability developing more favorably than anticipated.

Regulatory press release10/30/2025, 6:30 AM

GRK Interim Report 1–9/2025: Our strong profit development continued

Press release10/24/2025, 8:00 AM

GRK to start an infrastructure project worth approximately EUR 14 million in the Port of Umeå

Forum discussions

GRK – 27 Nov 25 GRK ja Kreate allekirjoittivat sopimuksen Vantaan ratikan itäosan ensimmäisen... Kreaten ja GRK:nmuodostama ryhmittymä on allekirjoittanut 27.11.2025 Vantaan kaupungin kanssa sopimuksen Vantaan ratikan itäosan ensimmäisestä toteutusvaiheesta. GRK kirjaa ensimmäisest...

11/27/2025, 10:01 AM

by Buccaneer

5

Indeed, the Vantaa City Council decided to build a tram line after a vote. Therefore, the transfer of the eastern part’s project development project to GRK’s (and Kreate’s) order book and implementation should, in my understanding, materialize. However, let’s still wait for the company...

11/18/2025, 6:55 AM

by Antti Viljakainen

5

https://www.grk.fi/tiedotteet/#/embedded/announcement/71646206?publisherId=69819211&widget=true GRK’s Board of Directors decided to cancel all treasury shares held by the company. The cancellation concerns over 2.3 million treasury shares held by the company, corresponding to slightly...

11/27/2025, 12:46 PM

by Atte Jortikka

3

Apparently, the budget has grown a bit, as GRK now estimates its share to be a total of 140 MEUR (previously ~110 MEUR). Now, the share of the first phase, i.e., 45 MEUR, will be recorded in the order book.

11/27/2025, 10:56 AM

by Kasper Mellas

3

Atte has written his quick comment on GRK’s results from this morning. GRK published its 2025 financial statement release this morning. The fourth-quarter result fell clearly short of our profitability forecasts, while the 2026 guidance was largely in line with our expectations. ...

2/12/2026, 8:29 AM

by Sijoittaja-alokas

1

Here are Atte’s comments on GRK winning a contract for the construction of a section of the Norrbotniabanan railway line. GRK announced on Friday that it won a contract for the construction of a section of the Norrbotniabanan railway line in Northern Sweden. The contract is relatively...

12/22/2025, 5:54 AM

by Sijoittaja-alokas

1

Here are Ate’s comments on the recent GRK (and Kreate) contract. Kreate and GRK announced that they had signed an agreement with the City of Vantaa regarding the first implementation phase of the eastern section of the Vantaa Light Rail. The total estimated construction cost for ...

11/28/2025, 9:16 PM

by Sijoittaja-alokas

1

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