Copyright © Inderes 2011 - present. All rights reserved.

Panostaja

0.29 EUR

-1.67 %

4,200 following
Corporate customer

PNA1V

NASDAQ Helsinki

Investment

Financials

-1.67 %
-5.47 %
-21.39 %
-14.29 %
-24.03 %
-22.51 %
-53.92 %
-58.36 %
+499.33 %

Panostaja is an investment company. The company acquires and develops small and medium-sized companies with long-term development potential. In addition to growth potential, the companies focus on actively owning and driving strategic changes. The investment portfolio is focused on several industries with the greatest concentration on healthcare and industry across the European market. The company's headquarters are located in Tampere.

Read more
Market cap
15.68M EUR
Turnover
13.61K EUR
P/E (adj.) (26e)
-39.89
EV/EBIT (adj.) (26e)
32.83
P/B (26e)
0.61
EV/S (26e)
0.46
Dividend yield-% (26e)
3.4 %
Coverage
Recommendation
Reduce
Target price
0.31 EUR
Updated
12.03.2026
Disclaimer
Olli Vilppo
Olli Vilppo

Analyst

Latest research

Latest analysis report

Released: 12.03.2026

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
21.5
2026

Business review Q1'26

26.8
2026

Interim report Q2'26

19.11
2026

Business review Q3'26

Risk
Business risk
Valuation risk
Low
High
ShowingAll content types
Panostaja: Granos restruktureringsforhandlinger resulterer i årlige besparelser på 2,5 MEUR
Analyst Comment by
Olli Vilppo

Panostaja: Granos restruktureringsforhandlinger resulterer i årlige besparelser på 2,5 MEUR

Grano har afsluttet de restruktureringsforhandlinger, der startede i februar, og hvis foranstaltninger vil opnå permanente årlige omkostningsbesparelser på cirka 2,5 MEUR. Det realiserede besparelsesbeløb var lidt lavere end de tidligere estimerede cirka 3 MEUR, men dette påvirker ikke vores investeringsbetragtning af Panostajas værdi.

Panostaja

Join Inderes community

Don't miss out - create an account and get all the possible benefits

Inderes account
Followings and notifications on followed companies
Analyst comments and recommendations
Stock comparison tool & other popular tools
Create account
Panostaja: Svag afslutning på det forlængede regnskabsår
Research by
Olli Vilppo

Panostaja: Svag afslutning på det forlængede regnskabsår

Panostajas regnskabsmeddelelse for november-december levede ikke op til vores forventninger, da driftsresultatet for den vigtigste ejerandel, Grano, faldt markant år-til-år. Vi må også fortsat afvente større ordrer for CoreHW's produktforretning, som er den mest potentielle vækstdriver.

Panostaja
Forum discussions
Corehw’s position in Japan is strengthening, and from what I’ve researched, it seems incredible that they practically have a monopoly on the Japanese market. BLE AoA/AoD in Japan falls under the SRE (specified radio equipment) category. It requires mandatory certification before ...
4/8/2026, 1:18 PM
by Tunturisusi
4
It looks like Panostaja’s management team has been paid share-based rewards. These performances didn’t exactly seem to align with the shareholders, did they? For example: Inderes Panostaja Oyj:n johdon liiketoimet, Tommila - Inderes 12.3.2026 16:30:03 EET | Panostaja Oyj | Johtohenkil...
3/17/2026, 2:37 PM
by Raha-aasi
4
Hi! The cash flow statement now shows how much was received from the sale of subsidiaries, which was about 1.7 MEUR. In connection with the previous report, I estimated that the sale would reduce Grano’s net debt by about 3 MEUR (incl. IFRS 16 liabilities), as the information was...
3/12/2026, 8:57 AM
by Olli Vilppo
4
A slightly more comprehensive update from Takalo on where they operate and where potential future revenue lies. Takalo is the CEO and a founding member of CoreHW. CoreHW – 18 Mar 26 The Future of Semiconductors: A Deep Dive with Tomi-Pekka Takalo | CoreHW CoreHW CEO Tomi-Pekka Takalo...
3/18/2026, 1:07 PM
by Tunturisusi
3
Vuosikertomus 2025 CoreHW - Vuosikertomus 2025 Menestyksekäs vuosi toi uusia asiakkuuksia ja kansainvälistä kasvua CoreHW saavutti vuonna 2025 merkittäviä edistysaskeleita strategiansa mukaisesti. Sekä suunnittelupalveluliiketoiminta (DS) että moduuli- ja laiteliiketoiminta (RTLS...
3/31/2026, 8:09 AM
by Tunturisusi
2
It looks correct and indeed, it was sold for less than we expected. Note, however, that Grano owned only 50% of Diesel, not the whole company.
3/12/2026, 3:54 PM
by Olli Vilppo
2
Thanks @Olli_Vilppo for the report. A couple of small questions regarding the latest analysis. You write that “Based on the development of Grano’s net debt, the purchase price for Grano Diesel fell short of our expectations, and the loss incurred during the review period also increased...
3/12/2026, 8:24 AM
by Raha-aasi
2
Read more on our forum
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.