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Solar Foods

4.58 EUR

-2.55 %

Less than 1K followers
Corporate customer

SFOODS

First North Finland

Food Producers

Consumer Goods & Services

-2.55 %
-19.08 %
-2.03 %
-13.91 %
-18.65 %
+38.37 %
-
-
-61.19 %

Solar Foods established in 2017 is a global leader in sustainable protein production, solving the global food production problem by offering a completely new alternative to existing animal and plant proteins. Solar Foods’ first product is the naturally occurring single-cell protein Solein®, which can be used as a food raw material with high protein content. In the long run, Solein production will improve global availability of protein and increase price and quality stability of food raw materials by disconnecting food production from agriculture.

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Market cap
136.87M EUR
Turnover
39K EUR
P/E (adj.) (25e)
-10.27
EV/EBIT (adj.) (25e)
-13.28
P/B (25e)
6.65
EV/S (25e)
386.94
Dividend yield-% (25e)
-
Coverage
Recommendation
Reduce
Target price
5.30 EUR
Updated
29.01.2026
Disclaimer
Thomas Westerholm
Thomas Westerholm

Analyst

Latest research

Latest analysis report

Released: 29.01.2026

Latest extensive report

Released: 12.09.2024

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
26.2
2026

Annual report '25

31.3
2026

General meeting '26

11.8
2026

Interim report Q2'26

Risk
Business risk
Valuation risk
Low
High
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Forum discussions
Generally, I still assume that the main impact caused by iron will be restrictions on Solein concentrations and various use cases, such as foods consumed in large daily quantities, like pasta or bread. Of course, the risk of black swans can never be completely ignored in business...
2/11/2026, 12:39 PM
by Thomas Westerholm
8
Daniel and Thomas discussed Solar Foods in light of recent news. Inderes Solar Foods: Rahoitus varmistettu - mitä seuraavaksi? - Inderes Aika: 23.01.2026 klo 19.19 Solar Foods keräsi onnistuneesti 25 MEUR:n bruttovarat suunnatulla osakeannilla Factory 02 -tuotantolaitoksen rahoituksen...
1/23/2026, 7:53 PM
by Sijoittaja-alokas
5
AI went through your link and had this to say. I don’t have the expertise myself. Is there anything negative in this? A negative perspective can only be found in certain scenarios, and they mostly arise in discussions (e.g., on the Inderes forum or other places): Risk of hemoglobin...
1/23/2026, 3:23 PM
by makuasia
4
I guess you didn’t try very hard? Scroll up this discussion to September 2024, and you’ll be able to read about it. There was a lot of discussion about it here, on Nordnet, in Solar Foods’ CMD, on Karo’s Grill, etc. Thomas also likely interviewed the CEO on the topic. The problem...
1/23/2026, 1:08 PM
by OsakasOssi
4
Thomas has written a new company report following the latest developments at Solar Foods. The successful EUR 25 million capital raise removes the liquidity risk that had been overshadowing Solar Foods, demonstrates partner and investor confidence in the Factory 02 investment, and...
1/29/2026, 10:51 AM
by Sijoittaja-alokas
3
Intake recommendations refer to the amount of iron consumed. Not the amount absorbed. This is because so many factors affect absorption, ranging from individual differences to the substance consumed. In other words, the limit considered safe for consuming iron is that 45mg/day.
1/23/2026, 2:43 PM
by OsakasOssi
2
In my opinion, the iron problem was mainly in one user’s head. I couldn’t find anything where iron was mentioned as a problem.
1/23/2026, 12:50 PM
by makuasia
2
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