Privacy preferences
Inderes uses cookies to provide a better user experience and a personalised service. By consenting to the use of cookies, we can develop an even better service and will be able to provide content that is interesting to you.
  • Forum
  • Stock Markets
    • MarketsLive prices, indices, and market performance
    • Stock CalendarUpcoming earnings, listings, and corporate events
    • Dividends CalendarFuture and past dividends
  • Companies
    • CompaniesBrowse and filter the full list of listed companies
    • DiscoveryInspiration for your next investment
    • IPOsNew listings and upcoming public offerings
    • AGM InvitationsAnnual general meeting dates and shareholder info
  • Stock Research
    • ResearchExpert stock analysis and recommendations
    • ArticlesNews, insights, and market commentary
    • inderesTVVideo hub for stock research, analysis, and expert commentary
    • TranscriptsFull text records of earnings calls and investor meetings
    • Stock ComparisonCompare financials and performance across multiple stocks
    • Earnings SeasonCompare EPS estimates to reported results
    • Short SellingSee which listed companies have disclosed short interest
    • Compound Interest CalculatorSee how your savings grow with the power of compound interest.
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer

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.

Tekova

1.05 EUR-1.41 %23.10, 17.29
Less than 1K followers

TEKOVA

First North Finland

Construction & Materials

Industrials

Overview
Financials & Estimates
Dividend
Short Selling
Investor views
Compare
-1.41 %
-7.08 %
-13.93 %
-22.51 %
-19.54 %
-29.53 %
-
-
+14.75 %

Tekova is a construction company in Finland, specializing in the construction of business premises, offices, logistics, production and sports facilities. The projects are tailored to the needs of the customers. The regional companies include Tekova Länsi-Suomi Oy in Tampere and Tekova Pohjois-Suomi Oy in Kempele. Tekova was founded in 2018 and has its headquarters in Vantaa.

Read more
Market cap
45.86M EUR
Turnover
63.72K EUR
P/E (adj.) (26e)
6.65
EV/EBIT (adj.) (26e)
3.04
P/B (26e)
2.49
EV/S (26e)
0.25
Dividend yield-% (26e)
7.14 %
Coverage
Recommendation
Accumulate
Target price
1.30 EUR
Updated
14.10.2026
Disclaimer
Atte Jortikka
Atte Jortikka

Analyst

Latest research

Latest analysis report

Released: 15.10.2026

Latest extensive report

Released: 15.10.2026

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
Low
High
All
Research
Webcasts
3rd party
ShowingAll content types

Forum discussions
I checked this with the Tuusula building inspection; the building permit became legally binding in September. So, in reality, what’s likely missing is “only” an agreement with the property buyer for this to move into the order backlog. This is a project totaling around 10,000 m²....
10/8/2026, 9:49 AM
by ollikohan
21
Hi, I wasn’t able to check this with the company due to the silent period, so this comment is based entirely on my own understanding. I will, of course, ask the company about this, among other things, in connection with the earnings release. Simply put, I don’t believe that the self...
10/8/2026, 6:49 AM
by Atte Jortikka
21
New data center project: Inderes Tekova kehittää ja suunnittelee datakeskushanketta Perhon kuntaan - Inderes Tekova kehittää ja suunnittelee datakeskushanketta Perhon kuntaanLehdistötiedote, 22.10.2026 klo 14:30Valtakunnallisesti toimiva toimitilarakentaja Tekova Oyj (”Tekova" tai...
10/22/2026, 11:34 AM
18
This was an interesting opening. While researching the company, I was indeed wondering why—if and when the company develops properties itself—this activity hasn’t been expanded into the data center sector, where it’s possible to make a huge profit with relatively small absolute investments...
10/22/2026, 11:48 AM
by ollikohan
12
Tekova’s order backlog, like that of most other companies, includes all projects for which a contract has been signed and where there is remaining unbilled work/other deliverables. Therefore, the order backlog also includes projects already under construction if contracts have been...
10/8/2026, 6:48 AM
by ollikohan
11
Here are Atte’s comments regarding the Perho deal. Tekova announced on Thursday that it is planning an approximately 50-megawatt data center project in the municipality of Perho. We consider the news interesting for the company, as, if realized, the project would likely be significant...
yesterday
by Sijoittaja-alokas
4
The project is indeed significant, but it also carries a lot of risk. Based on conservative ballpark estimates using AI, the development margin Tekova earns could be in the range of 5–10 million euros. In addition to this, one could expect a similar margin of 5–10 million euros from...
10/22/2026, 5:51 PM
by hoooo
4
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
27.10
2026

Interim report Q3'26

Tekova planlægger 50 megawatt datacentersprojekt i Perho
Analyst Comment23.10.2026, 07.30 by
Atte Jortikka

Tekova planlægger 50 megawatt datacentersprojekt i Perho

Næsten alt er stadig åbent, men hvis projektet bliver gennemført, vil det sandsynligvis være væsentligt.

Tekova
Tekova Q3'26-preview: Udsigterne under luppen
Analyst Comment22.10.2026, 06.55 by
Atte Jortikka

Tekova Q3'26-preview: Udsigterne under luppen

Ordrereserven faldt efter vores vurdering klart i kvartalet, hvilket gør ordretilgangen i de kommende kvartaler kritisk.

Tekova
Tekova omfattende analyse: Uden indtjeningsvækst
Extensive research15.10.2026, 07.30 by
Atte Jortikka

Tekova omfattende analyse: Uden indtjeningsvækst

Aktien er billig efter sidste års vækstsprang på næsten alle målestokke, men vores estimater mangler indtjeningsvækst.

Tekova

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
Analyst Comment13.10.2026, 10.01 by
Atte Jortikka, Tommi Saarinen, Frans-Mikael Rostedt

RT's economic review reinforced the picture of a mixed market

ConstiKreate GroupGRK InfraYITSRV GroupEcoUpHonkarakenneTekovaLapWallToivo Group
Tekova: Q3-ordreindgang lå klart under forventningerne
Analyst Comment08.10.2026, 07.20 by
Atte Jortikka

Tekova: Q3-ordreindgang lå klart under forventningerne

Projekternes samlede værdi på 11 MEUR lå klart under vores forventninger på cirka 25 MEUR.

Tekova
Analyst Comment03.09.2026, 09.15 by
Atte Jortikka, Tommi Saarinen, Christoffer Jennel

Case: Data centers jump-starting construction

We estimate that data center construction is partly filling the gap left in the construction market by the decline in residential construction in recent years.

Kreate GroupYITSRV GroupGRK InfraSitowise GroupTekovaLapWallConstiNYABEltelEnersense International
Tekova Q2'26: Kortsigtede drivere mangler
Research23.07.2026, 06.50 by
Atte Jortikka

Tekova Q2'26: Kortsigtede drivere mangler

Aktien er stadig prissat meget moderat, selvom vi på kort sigt ikke ser klare katalysatorer for en stigning i multiplerne.

Tekova
Tekova, Webcast, Q2'26
Webcast22.07.2026, 09.00

Tekova, Webcast, Q2'26

Tekova
Tekova Q2'26 – kort kommentar: Operationelt en smule bedre kvartal end forventet
Analyst Comment22.07.2026, 07.25 by
Atte Jortikka

Tekova Q2'26 – kort kommentar: Operationelt en smule bedre kvartal end forventet

På trods af en lille operationel indtjeningsoverraskelse landede indtjeningen per aktie på linje med vores estimater.

Tekova
Tekova Q2'26 preview: Stærk sammenligningsperiode i vente
Analyst Comment16.07.2026, 07.15 by
Atte Jortikka

Tekova Q2'26 preview: Stærk sammenligningsperiode i vente

Vi forventer, at selskabets omsætning er faldet en smule fra den stærke sammenligningsperiode. Vi vurderer dog, at rentabiliteten har holdt sig på et godt niveau.

Tekova
Analyst Comment03.07.2026, 06.00 by
Kasper Mellas

Tekova meddelt, at de i Q2 modtog nye ordrer for 24 MEUR

Udviklingen i ordrebeholdningen og den hurtige opstart af projekter understøtter selskabets omsætningsudvikling i slutningen af året.

Tekova
Tekova hævede forventningernes nedre grænser som forventet
Analyst Comment17.06.2026, 06.47 by
Atte Jortikka

Tekova hævede forventningernes nedre grænser som forventet

Præciseringen af forventningerne var forventet og medfører ingen ændringer i vores estimater.

Tekova
Third party research24.04.2026, 09.44

Tekova: Q1 beat lifts earnings confidence; valuation remains undemanding - Evli

Tekova’s Q1 results exceeded expectations, reinforcing confidence that operating profit will land in the upper half of guidance. Combined with reduced earnings risk and an undemanding valuation, this supports an upgrade to BUY.

Tekova
Third party research24.04.2026, 08.52

Tekova: Q1 beat lifts earnings confidence; valuation remains undemanding - Evli

Tekova’s Q1 results exceeded expectations, reinforcing confidence that operating profit will land in the upper half of guidance. Combined with reduced earnings risk and an undemanding valuation, this supports an upgrade to BUY.

Tekova
Tekova Q1'26: Omsætningsudviklingen er ved at stabilisere sig
Research24.04.2026, 06.45 by
Atte Jortikka

Tekova Q1'26: Omsætningsudviklingen er ved at stabilisere sig

Tekovas omsætningsudvikling i første kvartal var klart stærkere end vores forventninger. Vi forventer dog, at udviklingen vil aftage fra andet kvartal og frem, da sammenligningsperioderne bliver mere udfordrende.

Tekova
Third party research23.04.2026, 10.01

Tekova: Multiple projects deliveries led to strong results - Evli

Tekova Q1 result was strong start to the year. Revenue, EBIT and EPS all exceeded estimates.

Tekova
Tekova, Webcast, Q1'26
Webcast23.04.2026, 09.00

Tekova, Webcast, Q1'26

Tekova
Tekova Q1'26 - kort kommentar: Stærk omsætningsvækst fortsatte
Analyst Comment23.04.2026, 07.44 by
Atte Jortikka

Tekova Q1'26 - kort kommentar: Stærk omsætningsvækst fortsatte

Den hurtige afvikling af ordrebeholdningen drev omsætningen til en vækst på 17 %, hvilket klart oversteg vores estimater.

Tekova
Third party research20.04.2026, 09.28

Tekova: Q1 revenue supported by project completions; margins to soften - Evli

We expect modest revenue growth in Q1, supported by project completions, but with some near-term margin pressure from recent investments.

Tekova
Tekova Q1'26 preview: Vi forventer, at resultatet vil være lavere end den stærke sammenligningsperiode
Analyst Comment20.04.2026, 07.00 by
Atte Jortikka

Tekova Q1'26 preview: Vi forventer, at resultatet vil være lavere end den stærke sammenligningsperiode

Vi estimerer, at rentabiliteten forbliver på et godt niveau, selvom vores estimater ligger under sammenligningsperiodens meget stærke margin.

Tekova