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Kamux

1.29 EUR+4.37 %6.11, 17.29
12,360 following

KAMUX

NASDAQ Helsinki

Automobiles

Consumer Goods & Services

Overview
Financials & Estimates
Dividend
Short Selling
Investor views
Compare
+4.37 %
-10.54 %
-19.98 %
-21.63 %
-40.55 %
-33.51 %
-77.37 %
-90.75 %
-82.94 %

Kamux operates in the automotive industry. The company offers sales of used cars and related services within service, insurance and loan financing. Sales are made via the company's physical stores but also via the e-commerce platform. The largest operations are in the Nordic market. The company was founded in 2003 and has its headquarters in Hämeenlinna.

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Market cap
51.62M EUR
Turnover
80.83K EUR
P/E (adj.) (26e)
-215.64
EV/EBIT (adj.) (26e)
50.21
P/B (26e)
0.58
EV/S (26e)
0.11
Dividend yield-% (26e)
3.88 %
Coverage
Recommendation
Reduce
Target price
1.40 EUR
Updated
16.10.2026
Disclaimer
Rauli Juva
Rauli Juva

Analyst

Latest research

Latest analysis report

Released: 16.10.2026

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
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Forum discussions
According to accounting legislation, inventory must be written down if the probable selling price is lower than the acquisition cost. I don’t know how Kamux implements this in practice, but at the very latest, a write-down should certainly be made if a car’s asking price falls below...
11/2/2026, 7:26 AM
by Rauli_Juva
7
I traded in my diesel earlier this year and, out of curiosity, browsed similar cars on Nettiauto yesterday. I honestly had to put my glasses on when reading those asking prices—the depreciation over this year has been staggering. It’s probably fine to take in diesel cars, but you...
10/27/2026, 5:38 PM
by UrheiluHemmo
7
And what gut feeling is this tax claim based on? Inventory write-downs are indeed recorded in the financial statements in this industry as well. Of course, there have to be justifications for the write-down. Signed, someone who has run a multi-million-euro car dealership and its ...
11/2/2026, 4:36 AM
4
In my opinion, you’d have to be pretty deaf and blind not to have noticed how diesel engines have been “in the crosshairs” for probably over ten years now. In many different ways. There is no so-called rational reason for this, given that diesel engines are more fuel-efficient than...
10/31/2026, 12:38 PM
by Mailman
4
Those “write-downs” will likely show up on the income statement when they are forced to sell below the estimated price. Write-downs aren’t typically done in this industry, and the tax authority only accepts realized impairments, not write-downs for tax purposes. But at this rate,...
11/1/2026, 6:05 PM
by Maratoonari
3
Here are Rauli’s and Thomas’s comments on October’s car market trends First registrations of new passenger cars unexpectedly turned downward in October, and used car sales continued their downward trend. The development of new cars was surprising, and the October figure is the weakest...
11/3/2026, 6:46 AM
by Sijoittaja-alokas
2
In connection with Q2, Kamux commented that diesel car prices had fallen. Is there any legally mandated timeframe for inventory write-downs, meaning is it possible that a write-down on inventory value could be made in connection with Q3?
10/31/2026, 3:53 PM
by kimmonev
1
Read more on our forum
Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
12.11
2026

Interim report Q3'26

2.3
2027

Annual report '26

14.4
2027

General meeting '27

Press release05.11.2026, 11.00

Invitation to news conference: Kamux Corporation publishes its Interim Report for January–September on November 12, 2026

Kamux
Analyst Comment03.11.2026, 07.15
by Rauli Juva, Thomas Westerholm

Det finske bilmarked var svagt i oktober

Både registreringerne af nye biler og salget af brugte biler faldt i oktober.

KamuxWetteri
Kamux: Forventet nedjustering, Q3 skuffede i forhold til vores estimat
Research16.10.2026, 07.00
by Rauli Juva

Kamux: Forventet nedjustering, Q3 skuffede i forhold til vores estimat

Kamux var som forventet nødt til at sænke sin guidance. Selskabets Q3-regnskab lå under vores estimater.

Kamux

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Regulatory press release15.10.2026, 14.15

Inside information, profit warning: Kamux lowers its outlook for the year 2026 and provides preliminary information on its financial performance for the third quarter

Kamux
Kamux, Q3'26
Webcast12.11.2026, 10.00

Kamux, Q3'26

Kamux
Kamux: German adventure to the scrap heap
Research09.10.2026, 07.00
by Rauli Juva

Kamux: German adventure to the scrap heap

Kamux's decision to withdraw from Germany significantly raised the earnings estimates, although quite large non-recurring costs dampened its impact on the company's value.

Kamux
Regulatory press release08.10.2026, 10.00

Inside information: Kamux closes down its operations in Germany

Kamux
Kamux: Nedjustering lurer også i år
Research05.10.2026, 07.35
by Rauli Juva

Kamux: Nedjustering lurer også i år

Markedet for brugte biler på Kamux' operative markeder er fortsat med at falde i Q3.

Kamux
Analyst Comment02.10.2026, 06.40
by Thomas Westerholm, Rauli Juva

September var toget delt på det finske bilmarked

Væksten i førstegangsregistreringer af nye personbiler fortsatte i september, mens brugbilssalget lå lidt under sammenligningsperioden.

KamuxWetteri
Regulatory press release17.09.2026, 10.15

Kamux Corporation’s financial reporting and AGM in 2027

Kamux
Regulatory press release07.09.2026, 08.50

Composition of Kamux’s Shareholders’ Nomination Board

Kamux
Analyst Comment02.09.2026, 06.40
by Rauli Juva, Thomas Westerholm

Salg af nye biler tog fart i august, mens brugtbilssalget faldt

Førsteindregistreringerne steg med 26 % i august, mens brugen af biler faldt.

WetteriKamux
Kamux Q2'26: Strategiopdatering forventes i slutningen af året
Research13.08.2026, 06.30
by Rauli Juva

Kamux Q2'26: Strategiopdatering forventes i slutningen af året

Kamux' Q2-regnskabsmeddelelse sænkede vores forventninger mere end ventet, selvom omsætningen steg, da den svage efterspørgsel efter dieselbiler trak ned i rentabiliteten.

Kamux
Kamux, Webcast, Q2'26
Webcast12.08.2026, 10.00

Kamux, Webcast, Q2'26

Kamux
Regulatory press release12.08.2026, 08.00

Kamux Corporation’s Half Year Report for January 1—June 30, 2026: Revenue increased and adjusted operating result decreased, significant change in demand for different powertrains

Kamux
Kamux Q2'26 preview: Volumen genoprettes, men indtjeningsmaskinen hoster stadig
Analyst Comment10.08.2026, 07.48
by Rauli Juva

Kamux Q2'26 preview: Volumen genoprettes, men indtjeningsmaskinen hoster stadig

Vi estimerer, at omsætningen vil vokse, men at den justerede EBIT vil falde til 1,8 MEUR.

Kamux
Press release05.08.2026, 11.00

Kamux Corporation publishes its Half Year Report for January–June on August 12, 2026

Kamux
Analyst Comment04.08.2026, 07.26
by Thomas Westerholm, Rauli Juva

Juli var todelt i den finske bilhandel

Juli var todelt, men lysere end juni, for bilsalget i Finland.

KamuxWetteri
Analyst Comment02.07.2026, 06.30
by Kasper Mellas

Juni bragte ingen bedring til bilsalget

Salg af brugte biler faldt med 2 % i juni, hvilket reducerede den samlede omsætning for første halvår med 1,5 % år-til-år.

WetteriKamux
Regulatory press release15.06.2026, 13.20

Change in Kamux Corporation’s holding of treasury shares

Kamux