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Nurminen Logistics

0.84 EUR

-3.56 %

4,225 following
Corporate customer

NLG1V

NASDAQ Helsinki

Transport & Logistics

Industrials

-3.56 %
-7.69 %
-11.30 %
-9.68 %
-20.75 %
-20.00 %
-6.67 %
+20.00 %
-18.12 %

Nurminen Logistics is an industrial group that offers transport and logistics services. The company's services include freight forwarding and freight handling services via rail transport, where the largest market is found in the Nordic and Baltic markets. In addition, customized services for various projects are offered, as well as access to terminal services. The company was founded in 1886 and has its headquarters in Helsinki.

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Market cap
67.82M EUR
Turnover
9.22K EUR
P/E (adj.) (26e)
8.68
EV/EBIT (adj.) (26e)
6.07
P/B (26e)
1.73
EV/S (26e)
0.97
Dividend yield-% (26e)
3.57 %
Coverage
Recommendation
Accumulate
Target price
1.00 EUR
Updated
27.02.2026
Disclaimer
Aapeli Pursimo
Aapeli Pursimo

Analyst

Latest research

Latest analysis report

Released: 27.02.2026

Latest extensive report

Released: 19.06.2025

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
23.4
2026

Interim report Q1'26

28.4
2026

General meeting '26

24.7
2026

Interim report Q2'26

Risk
Business risk
Valuation risk
Low
High
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Nurminen Logistics Q2'25: Valuation still moderate
Research by
Aapeli Pursimo

Nurminen Logistics Q2'25: Valuation still moderate

The Q2 result fell short of our expectations, reflecting the development of the Baltic operations. However, the development of the Railway business met our expectations well, even though the quarter's progress was hampered by maintenance shutdowns at North Rail's customers' factories.

Nurminen Logistics
Forum discussions
Nurminen (North Rail) trains ran 22.5% less this January compared to a year ago. The low volume of trains is due to fertilizer trains, which saw their lowest numbers in over a year. Typically, the beginning of the year has been a busy time for fertilizers, but not this time. The ...
2/2/2026, 2:11 PM
by Iikka Numminen
15
Here is the CEO’s interview. Good highlights include the impact of ice conditions on transport and, of course, the launch of service between Italy and Sweden. Inderes Nurminen Logistics Q4'25: Italia–Ruotsi‑junayhteys alkoi - Inderes Aika: 26.02.2026 klo 14.58 Nurmisen liikevaihto...
2/26/2026, 1:00 PM
by Iikka Numminen
9
Who needs profit when we have cash flow? Inderes Nurminen Logistics Q4'25: Kassavirta antaa selkänojaa kansainvälistymiselle -... Nurminen Logisticsin Q4-luvut jäivät operatiivisesti hieman odotuksistamme. Thus, we see the cash flow yield as being quite attractive despite the shares...
2/27/2026, 6:32 AM
by Verneri Pulkkinen
8
I really focused on listening to Olli’s storytelling and it made me feel good. He speaks like a person who wants his message to be understood. Of course, everyone probably wants that, but I’ve followed many interviews lately that leave you wondering what they were actually trying...
2/27/2026, 5:47 PM
by Cezeta
6
If you’re interested in railway matters, here’s some brief reflection on a seminar held earlier this month. Before the Nurminen representative’s part, there are comments from Fenniarail CEO Helke, and a segment on UPM’s rail transports after Nurminen. Nurminen’s segment lasts about...
1/28/2026, 4:23 PM
by KooAP
6
Outlook is probably the reason? “The Group estimates that revenue and comparable operating profit for the first half of 2026 will be lower than in the comparison period, as the timing of the recovery of the Baltic operations is still uncertain. Additionally, the impact of the investments...
2/26/2026, 8:30 AM
by Täystumpelo
5
Inderes Nurminen Logistics Oyj:n tilinpäätöstiedote tammi-joulukuu 2025: Vuoden 2025... Nurminen Logistics Oyj Tilinpäätöstiedote 26.2.2026, klo 09.00 Tämä tiedote on tiivistelmä Nurminen Logistics Oyj:n vuoden 2025 tilinpäätöstiedotteesta. Tilinpäätöstiedote on kokonaisuudessaan...
2/26/2026, 8:11 AM
by Af Ämbar
5
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