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Ovaro Kiinteistösijoitus

3.57 EUR

-1.65 %

4,292 following

OVARO

NASDAQ Helsinki

Real Estate Management & Development

Real Estate

-1.65 %
+14.79 %
+9.17 %
+19.40 %
+4.39 %
+5.31 %
+21.02 %
-13.56 %
-65.34 %

Ovaro Kiinteistösijoitus focuses on real estate investments and in particular real estate development, primarily buying, developing and selling offices and land. Ovaro also owns and rents offices and apartments. The company operates in various parts of Finland, but focuses its operations on Finland's growth centers, i.e. university cities and the capital region.

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Market cap
30.7M EUR
Turnover
6.87K EUR
P/E (adj.) (25e)
15.9
EV/EBIT (adj.) (25e)
12.91
P/B (25e)
0.64
EV/S (25e)
15.27
Dividend yield-% (25e)
-
Coverage
Recommendation
Accumulate
Target price
3.70 EUR
Updated
20.11.2025
Disclaimer
Frans-Mikael Rostedt
Frans-Mikael Rostedt

Analyst

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Risk
Business risk
Valuation risk
Low
High
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Forum discussions
This is indeed very surprising. Ovaro just raised additional debt and is now distributing large extraordinary dividends. Why weren’t share buybacks continued? Perhaps this is then a sensible way for owners to return/release capital?
12/1/2025, 8:31 AM
by popo1
4
Hardworking night owl Frans has completed the company report on Ovaro after the Q3 releases. Real estate development company Ovaro’s Q3 was slightly better than expected due to the positive development of net revenues and cost structure, even though development projects had not yet...
11/20/2025, 10:32 PM
by Sijoittaja-alokas
3
The distribution of dividends would somewhat indicate that the company has a good outlook on its financial situation. Discussions have certainly taken place with financiers, and one would assume that new financings include some form of covenants based on solvency. I would assume ...
12/2/2025, 7:48 AM
by investori86
2
Here are Frans’s comments on how Ovaro is proposing quite a significant additional dividend. Inderes Ovaron hallitus ehdottaa 0,36 euron lisäosinkoa (11 % osinkotuotto) - Inderes Ovaro arvostetaan pörssissä 44 %:n alennuksella suhteessa sen nettovarallisuuteen, ja osingonjako onkin...
12/1/2025, 8:19 AM
by Sijoittaja-alokas
2
Here are Frans’s comments on how Ovaro made a letter of intent for the construction of 100 student apartments in Kukkula, Jyväskylä. Inderes Ovaro teki aiesopimuksen 100 opiskelija-asunnon rakennuttamisesta Jyväskylän... Investointiarvoltaan 17 MEUR:n hanke on konkreettinen askel...
11/17/2025, 6:42 AM
by Sijoittaja-alokas
2
I estimate the same. I would have preferred share buybacks. I assessed point b) the same way, so I reduced a reasonable portion from my modest position, even though I still consider Ovaro reasonably affordable. Let’s see if I can get the shares back cheaper.
12/2/2025, 6:01 AM
by popo1
1
The market clearly thought it was good news when the stock, which had been languishing for a long time, rose almost 7.5%, but… When the P/B ratio is as low as it is, buying back shares would have seemed to me a smarter way to distribute funds, if it was even necessary to distribute...
12/1/2025, 7:49 PM
1
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