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Tekova

1.22 EUR-0.41 %4.8, 17.29
Less than 1K followers

TEKOVA

First North Finland

Construction & Materials

Industrials

Overview
Financials & Estimates
Dividend
Investor consensus
Compare
-0.41 %
+1.67 %
-8.27 %
-9.29 %
-6.51 %
+28.96 %
-
-
+33.33 %

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
53.29M EUR
Turnover
7.66K EUR
P/E (adj.) (26e)
7.31
EV/EBIT (adj.) (26e)
3.26
P/B (26e)
2.83
EV/S (26e)
0.28
Dividend yield-% (26e)
7.38 %
Coverage
Recommendation
Accumulate
Target price
1.40 EUR
Updated
23.07.2026
Disclaimer
Atte Jortikka
Atte Jortikka

Analyst

Latest research

Latest analysis report

Released: 23.07.2026

Revenue and EBIT-%
EPS and dividend
Financial calendar
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Business risk
Valuation risk
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Forum discussions
Inderes Q2 report on Tekova. Tekova Q2'26: Lyhyen aikavälin ajurit hukassa - Inderes @Atte_Jortikka Where does the valuation risk rating of 3/5 come from when P/E = 7 and EV/EBIT = 3? The valuation multiples are likely the lowest on the Helsinki Stock Exchange and half the median...
7/23/2026, 7:22 AM
by Onni Mäihä
16
Here is Ate’s quick commentary on Tekova’s Q2 results. Tekova’s Q2 result exceeded our expectations, particularly in terms of revenue, as the order backlog was cleared faster than anticipated and the company continued to grow despite a strong comparison period. In our view, profitability...
7/22/2026, 5:38 AM
by Sijoittaja-alokas
9
Excellent point, and that metric could justifiably be lowered to 2/5. I don’t see any room for the multiples to decline; rather the opposite, as I tried to explain in the report. On the other hand, I consider a certain discount relative to peers to be quite justified, even if the...
7/23/2026, 7:45 AM
by Atte Jortikka
8
Even though Myllymäki and partners are tough businessmen, I have personally adopted a principle of not investing in any company where they hold a large stake. Tekova is a good example of this, because while I like the company itself and its financial figures, I consider the ownership...
6/20/2026, 12:20 PM
8
Miksu interviewed Atte regarding Tekova’s Q2 results
7/23/2026, 5:33 PM
by Sijoittaja-alokas
6
The growing scale of projects and, consequently, risk management is, in my opinion, the biggest factor limiting Tekova’s opportunities in data center projects. However, I still do not rule out the company’s potential to win new data center contracts, such as capacity expansion projects...
7/22/2026, 10:28 AM
by Atte Jortikka
6
These are already slightly old news, but here are some takeaways from the June 30, 2026 shareholder list: Forcapital is on the selling side; the sales likely took place on June 16 and June 17, when looking at the volume graph, with a total of 304k shares sold and 649k remaining in...
7/14/2026, 9:25 AM
by Hodl_the_door
5
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 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

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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
Tekova meddelt, at de i Q2 modtog nye ordrer for 24 MEUR
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
Tekova: Ordreindgangen i 1. kvartal var stærkere end forventet
Analyst Comment02.04.2026, 08.06 by
Atte Jortikka

Tekova: Ordreindgangen i 1. kvartal var stærkere end forventet

Tekovas første kvartal var ifølge vores investeringsbetragtning kommercielt stærkt.

Tekova
Analyst Comment25.03.2026, 06.47 by
Atte Jortikka, Tommi Saarinen, Frans-Mikael Rostedt

Forventningerne til boligbyggeriet er tydeligt nedjusteret i byggebranchens konjunkturrapport

I gennemgangen blev estimaterne for påbegyndelse af boligbyggeri for indeværende år reduceret betydeligt.

SRV GroupYITKreate GroupGRK InfraConstiTekovaEcoUpHonkarakenneLapWallToivo Group
Third party research13.02.2026, 09.59

Tekova: High dividend yield supports while we wait for profitability to settle - Evli

Tekova’s Q4 was strong but EBIT guidance for 2026 was wide. Current year is likely to be a gap year after very strong 2025, but it will reveal the profitability of real estate development. A high dividend yield of almost 7% supports positive rating, ...

Tekova
Tekova Q4'25: En pause efter et stærkt vækstår
Research13.02.2026, 05.30 by
Atte Jortikka

Tekova Q4'25: En pause efter et stærkt vækstår

I lyset af den hurtige omsætning af ordrebogen sidste år og selskabets guidance har vi sænket vores estimater for indeværende år.

Tekova
Third party research12.02.2026, 11.22

Tekova: Revenue beat, but EBIT guidance range is wide - Evli

Profitability was mainly in line with our expectations and didn’t offer surprises. Guidance range for the revenue was as expected but EBIT guidance range is quite wide and below our estimates.

Tekova
Tekova Q4'25 - kort kommentar: Væksten aftager i indeværende år
Analyst Comment12.02.2026, 07.30 by
Atte Jortikka

Tekova Q4'25 - kort kommentar: Væksten aftager i indeværende år

Forventningerne til 2026 afspejler en udfladning efter et usædvanligt stærkt vækstår.

Tekova