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Martela

0.61 EUR-0.65 %16.10, 17.29
4,458 following

MARAS

NASDAQ Helsinki

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Consumer Goods & Services

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-0.65 %
-3.17 %
+22.24 %
+13.81 %
-15.28 %
-45.54 %
-55.47 %
-74.58 %
-93.85 %

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
12.63M EUR
Turnover
24.79K EUR
P/E (adj.) (26e)
-2.96
EV/EBIT (adj.) (26e)
-10.53
P/B (26e)
4.85
EV/S (26e)
0.34
Dividend yield-% (26e)
-
Coverage
Recommendation
Reduce
Target price
0.50 EUR
Updated
06.10.2026
Disclaimer
Thomas Westerholm
Thomas Westerholm

Analyst

Latest research

Latest analysis report

Released: 06.10.2026

Revenue and EBIT-%
EPS and dividend
Financial calendar
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Forum discussions
I wrote a bit more extensively on Substack. karohmlinen.substack.com Martela vetää tuolin vähemmistöomistajien alta Toimistokalustevalmistaja pyyhkii pöytää sijoittajilla poikkeuksellisen röyhkeästi.
9/22/2026, 6:45 AM
by Karo Hämäläinen
13
Has the company justified this apparent departure from the previous plan in any way? At the AGM, it could be read between the lines, but even there it wasn’t stated directly. The media hasn’t picked up on the additional offering at all, and Martela couldn’t have carried out the offering...
10/2/2026, 12:00 PM
by Karo Hämäläinen
8
The situation took an interesting turn when the terms of Martela’s offering were published yesterday. Retail investors are also being offered the opportunity to subscribe for shares in the public offering. Granted, with a minimum of 1,000 shares and a maximum of 150,000. Investors...
10/1/2026, 10:59 AM
by Thomas Westerholm
4
@Karo_Hamalainen has shared his thoughts on Martela’s share issue. https://x.com/KaroHamalainen/status/2101324315048243268
9/19/2026, 3:51 PM
by Sijoittaja-alokas
4
Isku Inspira Oy withdraws its demand to convene an extraordinary general meeting - Inderes Good that it turned out this way. From the outcome of the offering, it can also be inferred that Isku had the opportunity to subscribe for shares in proportion to its holding, if they had the...
10/13/2026, 9:13 AM
by Hosuheikki
2
Here are Thomas’s comments regarding the news above Inderes – 14 Oct 26 Martela: Isku vetäytyy tarkastusvaatimuksestaan - Inderes Isku Inspira on vetänyt pois vaatimuksensa ylimääräisen yhtiökokouksen koollekutsumiseksi ja erityisen tarkastuksen toimittamiseksi. Iskun alkuperäinen...
10/14/2026, 6:21 AM
by Sijoittaja-alokas
1
Quite an interesting “tussle” going on at Martela. With its help, the company is putting together a fairly substantial financing package and getting a genuine shot at a turnaround. I consider this quite good for us retail shareholders as well. I don’t believe such a large offering...
10/3/2026, 9:29 PM
by Hosuheikki
1
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Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
11.11
2026

Interim report Q3'26

Regulatory press release14.10.2026, 15.30

Martela Corporation's 10 largest registered shareholders after the combination of shares series and directed share issues

Martela
Analyst Comment14.10.2026, 07.25 by
Thomas Westerholm

Martela: Isku trækker sit krav om specialundersøgelse tilbage

Isku Inspira har trukket sit krav om indkaldelse til en ekstraordinær generalforsamling og gennemførelse af en særlig undersøgelse tilbage. Iskus oprindelige krav var knyttet til, at selskabet modsatte sig den nyligt gennemførte rettede emission.

Martela
Regulatory press release13.10.2026, 11.00

Isku Inspira Oy withdraws its request to convene an Extraordinary General Meeting

Martela

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Regulatory press release12.10.2026, 15.15

Martela Oyj - Managers' Transactions – Martela

Martela
Regulatory press release12.10.2026, 15.15

Martela Oyj - Managers' Transactions – Mattila

Martela
Regulatory press release12.10.2026, 15.00

Martela Corporation: Notification of change in holdings according to chapter 9, section 10 of the Securities Market Act

Martela
Regulatory press release12.10.2026, 15.00

Martela Corporation: Notification of change in holdings according to chapter 9, section 10 of the Securities Market Act

Martela
Regulatory press release12.10.2026, 15.00

Martela Corporation: Notification of change in holdings according to chapter 9, section 10 of the Securities Market Act

Martela
Regulatory press release12.10.2026, 15.00

Martela Corporation: Notification of change in holdings according to chapter 9, section 10 of the Securities Market Act

Martela
Regulatory press release12.10.2026, 15.00

Martela Corporation: Notification of change in holdings according to chapter 9, section 10 of the Securities Market Act

Martela
Regulatory press release12.10.2026, 15.00

Martela Corporation: Notification of change in holdings according to chapter 9, section 10 of the Securities Market Act

Martela
Regulatory press release12.10.2026, 15.00

Martela Corporation: Notification of change in holdings according to chapter 9, section 10 of the Securities Market Act

Martela
Regulatory press release12.10.2026, 15.00

Martela Corporation: Notification of change in holdings according to chapter 9, section 10 of the Securities Market Act

Martela
Regulatory press release12.10.2026, 15.00

Martela Corporation: Notification of change in holdings according to chapter 9, section 10 of the Securities Market Act

Martela
Regulatory press release12.10.2026, 15.00

Martela Corporation: Notification of change in holdings according to chapter 9, section 10 of the Securities Market Act

Martela
Regulatory press release12.10.2026, 15.00

Martela Corporation: Notification of change in holdings according to chapter 9, section 10 of the Securities Market Act

Martela
Regulatory press release12.10.2026, 10.45

Combination of Martela Corporation’s share series and new shares registered with the Trade Register

Martela
Regulatory press release08.10.2026, 11.00

Martela Oyj - Managers' Transactions - Westerlund

Martela
Regulatory press release08.10.2026, 11.00

Martela Oyj - Managers' Transactions - Ala-Nikkola

Martela
Regulatory press release08.10.2026, 11.00

Martela Oyj - Managers' Transactions - Berg

Martela