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Martela

0.63 EUR

-3.08 %

4,387 following
Corporate customer

MARAS

NASDAQ Helsinki

Home Products

Consumer Goods & Services

-3.08 %
-13.93 %
-12.50 %
-28.73 %
-34.78 %
-17.75 %
-74.29 %
-77.42 %
-93.65 %

Martela designs, implements and maintains work environments. The product portfolio is broad and consists of chairs, sofas, tables, storage and other office accessories. In addition, a wide range of services are offered, including ergonomic guidance, office interior design, design, needs analysis and premises maintenance, as well as removal and recycling services. The company is headquartered in Helsinki.

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Market cap
2.92M EUR
Turnover
406.75 EUR
P/E (adj.) (26e)
-1.63
EV/EBIT (adj.) (26e)
63.63
P/B (26e)
-0.78
EV/S (26e)
0.27
Dividend yield-% (26e)
-
Coverage
Recommendation
Sell
Target price
0.40 EUR
Updated
26.02.2026
Disclaimer
Thomas Westerholm
Thomas Westerholm

Analyst

Latest research

Latest analysis report

Released: 26.02.2026

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
8.4
2026

General meeting '26

12.5
2026

Interim report Q1'26

12.8
2026

Interim report Q2'26

Risk
Business risk
Valuation risk
Low
High
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Forum discussions
Expected result again. I think I’ll get rid of the last few shares while I can still get some money for them. I really don’t understand why I’ve kept them at all However, this is no surprise, considering the company’s communication: Even the Finnish headline is bleak, but the English...
12/11/2025, 11:41 AM
by Timo™
9
Martela’s share target prices sound theatrical. A target price of €0.70 means a market capitalization of €3.2M, and a target price of €0.50 is a market capitalization of €2.3M. If the communication were changed to be market-cap-based, it could go as follows: “The analyst estimates...
12/11/2025, 8:11 PM
by Bensatankki
5
Martela is certainly in a dire situation unless profitability improves radically during this year. With a market cap of 3 million euros, a successful share issue of sufficient size to repair the balance sheet would heavily dilute current shareholders, and I don’t consider it a foregone...
2/25/2026, 1:52 PM
by Farseer
4
Here is a fresh company report from Thomas on Martela following a negative profit warning. Martela issued a sharp negative profit warning, due to which we have lowered our forecasts. The profit warning was a clear disappointment, as the seasonally important Q4 is expected to be markedly...
12/11/2025, 2:18 PM
by Sijoittaja-alokas
2
Thomas has prepared a new company report on Martela after the Q3 results were released. Martela’s Q3 report fell short of our expectations due to weak development in new orders. However, supported by cost savings, the company improved its earnings level. In our view, the stock’s ...
11/13/2025, 6:09 AM
by Sijoittaja-alokas
1
Here are Thomas’s quick comments on the Q3 results. In Martela’s Q3 report, declining orders were the key surprise, leading to weaker revenue and profitability than our expectations. Driven by cost savings and an improved gross margin, the company was able to improve its profitability...
11/12/2025, 8:56 AM
by Sijoittaja-alokas
1
Here is a company report on Martela from Thomas following the Q4 results In the big picture, Martela’s Q4 figures were unsurprising following the updated guidance in December. Due to the weak order intake in H2, the outlook for the current year is challenging, and the company guided...
2/26/2026, 6:19 AM
by Sijoittaja-alokas
0
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