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Marimekko

11.18 EUR

-1.93 %

10,547 following
Corporate customer

MEKKO

NASDAQ Helsinki

Personal Goods

Consumer Goods & Services

-1.93 %
-15.43 %
-13.60 %
-10.56 %
-7.14 %
-10.13 %
+16.70 %
+12.14 %
+2,312.95 %

Marimekko is a textile and clothing company. The range includes clothing, bags, accessories and household items ranging from upholstery fabrics to porcelain. The products are sold through physical stores under the company's brand throughout the global market, primarily in Europe, North America and Asia. Marimekko was founded in 1951 and is headquartered in Helsinki.

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Market cap
454.46M EUR
Turnover
446.39K EUR
P/E (adj.) (26e)
17.11
EV/EBIT (adj.) (26e)
12.93
P/B (26e)
5.43
EV/S (26e)
2.22
Dividend yield-% (26e)
6.26 %
Coverage
Recommendation
Accumulate
Target price
12.50 EUR
Updated
13.02.2026
Disclaimer
Rauli Juva
Rauli Juva

Analyst

Latest research

Latest analysis report

Released: 16.05.2022

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
16.4
2026

General meeting '26

17.4
2026

Annual dividend

13.5
2026

Interim report Q1'26

Risk
Business risk
Valuation risk
Low
High
ShowingAll content types
Third party research

Marimekko: Resilience to continue - Evli

Marimekko's Q4 came in slightly below our estimates, with profitability disappointing, particularly due to higher fixed costs. We expect stable and resilient performance to continue in 2026.

Marimekko
Third party research

Marimekko: Earnings fell short of estimates - Evli

Marimekko's fourth quarter revenue missed our estimates slightly, weighed down by wholesale weakness outside APAC. However, the important APAC region performed well and above our expectations. The company's profitability fell clearly short of estimates...

Marimekko

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Third party research

Marimekko: A solid finish to the year expected - Evli

Marimekko is set to report its Q4'25 results on Thursday, February 12. We expect Q3 momentum to have carried into Q4 despite weak market conditions, driving mid-single-digit sales growth and a y/y improvement in EBIT.

Marimekko
Third party research

Marimekko: Strong momentum set to continue - Evli

Marimekko’s Q3 brought no major surprises, with both net sales and profitability roughly in line with estimates. Despite the subdued market environment, we expect the strong development to continue in Q4.

Marimekko
Third party research

Marimekko: Well in line with estimates - Evli

Marimekko’s Q3 results were well in line with expectations. Both domestic and international sales posted solid growth, supported in particular by strong wholesale performance. Operating profit improved by 13%, driven by higher volumes.

Marimekko
Third party research

Marimekko: Expecting strong development - Evli

Marimekko is set to report Q3 figures on Friday, October 31. We expect sales growth to accelerate from H1, driven by APAC and domestic wholesale. Stronger sales should also support earnings.

Marimekko
Third party research

Marimekko: Awaiting acceleration in H2 - Evli

Marimekko’s domestic sales proved more resilient in Q2 than we expected while international growth was soft. With APAC forecasted to grow in FY 2025, we anticipate growth to accelerate in the second half of the year.

Marimekko
Forum discussions
The only non-verbal cue I understood in this latest one was that Tiina was steadily backing away from me during the interview. I don’t know what to make of that, but it certainly didn’t affect the recommendation
2/13/2026, 11:10 AM
by Rauli_Juva
15
This was asked, and perhaps the clearest part of the answer was that in Asia, partners are mainly responsible for marketing, so Marimekko cannot push marketing funds there on its own. Here is the full interview: Inderes Marimekko Q4'25: Vaisuksi jäänyt kasvu näkyi tulosrivillä - ...
2/12/2026, 4:50 PM
by Rauli_Juva
9
Thanks Rauli! It’s great that you’re bringing up questions from here on the forum. Tiina’s answer was very logical; if the partners are primarily responsible for marketing, it’s difficult to invest. On the other hand, strategically, that loose-franchise partner model is a bit of ...
2/12/2026, 5:30 PM
by Tyhjätasku
7
Personally, I see it more as a question of the balance between margin and growth rather than about dividends—especially if we were talking about just a couple of years of “outsized” investments. If I remember correctly, I have asked Tiina about this in an interview before, and the...
2/2/2026, 10:05 AM
by Rauli_Juva
7
Inderes Marimekko Q4'25: Tuotto-odotus löysi uuden kuosin - Inderes Mielestämme osinko ja tuloskasvu tarjoavat yli 10 % tuotto-odotuksen arvostuksen ollessa neutraali vuodelle 2026. Adding a link to @Rauli_Juva’s new report; the rating has turned to Accumulate, meaning Rauli finally...
2/13/2026, 8:57 AM
by NukkeNukuttaja
6
Here are Rauli’s quick comments on Marimekko’s Q4 Marimekko grew by only 1% in Q4, which meant the company’s adj. operating profit remained at EUR 8.8 million, falling below the level of the comparison period and clearly below our forecast. As expected, the company provides guidance...
2/12/2026, 7:59 AM
by Sijoittaja-alokas
6
A couple more target price changes from Kauppalehti’s news briefs: Evli lowered Marimekko’s target price to 12.50 euros from 14 euros. Recommendation remains Add. DNB Carnegie lowers Marimekko’s target price to 14.00 euros (prev. 14.50 euros), reiterates Buy recommendation.
2/13/2026, 9:51 AM
by NukkeNukuttaja
3
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