Copyright © Inderes 2011 - present. All rights reserved.

Sanoma

9.00 EUR

-1.10 %

7,381 following
Corporate customer

SANOMA

NASDAQ Helsinki

Media & Entertainment

Consumer Goods & Services

-1.10 %
-7.88 %
-5.26 %
-10.54 %
-13.46 %
+3.81 %
-2.28 %
-39.92 %
-86.47 %

Sanoma is an innovative and agile learning and media company with two business segments: Learning and Media Finland. Learning's educational products and services reach 25 million students in K-12 education in 12 European countries. Media Finland has Finland's leading multichannel media offering (digital and print newspapers, magazines, TV and streaming services, and radio and audio services), through which it reaches 97% of Finns every week, enabling effective marketing solutions for corporate clients. The company's operations have a positive impact on the lives of millions of people every day.

Read more
Market cap
1.47B EUR
Turnover
650.45K EUR
P/E (adj.) (26e)
11.1
EV/EBIT (adj.) (26e)
10.95
P/B (26e)
2.32
EV/S (26e)
1.56
Dividend yield-% (26e)
4.89 %
Coverage
Recommendation
Buy
Target price
11.50 EUR
Updated
11.02.2026
Disclaimer
Petri Gostowski
Petri Gostowski

Co. Head of Research

Latest research

Latest analysis report

Released: 12.02.2026

Latest extensive report

Released: 01.04.2025

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
7.5
2026

Interim report Q1'26

7.5
2026

General meeting '26

8.5
2026

Triannual dividend

Risk
Business risk
Valuation risk
Low
High
ShowingAll content types

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
Forum discussions
Here is Juho Torati’s analysis of Sanoma after the Q4 results. Sanoma’s growth drivers through 2026 remain unchanged, however. Sales of Learning’s educational materials are expected to grow in its largest market areas—Poland, Spain, and the Netherlands—driven by curriculum reforms...
2/13/2026, 4:39 PM
by Sijoittaja-alokas
5
Petri managed to interview Sanoma’s CEO Rob Kolkman right after the Q4 results “appeared” Inderes Sanoma Q4'25: Tähtäimessä vahvaa kasvua (eng.) - Inderes Aika: 11.02.2026 klo 13.03 Sanoman ohjeistus viitoittaa kuluvalle vuodelle vahvaa tuloskasvua. Lisää kasvumahdollisuuksia aukenee...
2/11/2026, 11:31 AM
by Sijoittaja-alokas
5
Pelilisenssit.fi – 27 Nov 25 Sanoma Oyj: Suomen rahapelijärjestelmän uudistuksessa jättimäinen... Sanoma Oyj ennustaa rahapelimarkkinan vapautumisen tuovan yli 20 miljoonan euron lisäyksen mainosmyyntiin vuodessa. Lisenssijärjestelmän avautuminen voi nostaa rahapelialan markkinointibudjeti...
11/30/2025, 1:43 PM
by Marko
4
Petri has released a new company report following the Q4 results. Sanoma’s operating result was well in line with our estimates in Q4, and the dividend proposal also matched our forecast. The earnings guidance provided for the current year also fell exactly within our expected range...
2/12/2026, 8:24 AM
by Sijoittaja-alokas
3
Petri has likely updated Sanoma’s company report from Torstaikalle. We have reviewed our forecasts following Sanoma’s Capital Markets Day and updated financial targets. Our forecasts were also well-aligned with the current targets, and the forecast changes we made were primarily ...
12/11/2025, 9:01 PM
by Sijoittaja-alokas
3
Here are Aapeli’s comments on Sanoma’s Capital Markets Day. Sanoma held a Capital Markets Day (CMD) on Tuesday. In the day’s presentations, the company provided more background on its updated financial targets and presented an overview of its business operations. The recording of...
11/26/2025, 6:30 AM
by Sijoittaja-alokas
3
And here are Petri’s quick comments on the results. *Sanoma released its Q4 results this morning, which were operationally well in line with our expectations. The company is also raising its dividend in line with our forecast. In the report, the main focus was on the guidance for...
2/11/2026, 10:45 AM
by Sijoittaja-alokas
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.