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Tokmanni Group

8.35 EUR

-0.71 %

13,772 following
Corporate customer

TOKMAN

NASDAQ Helsinki

Retailers

Consumer Goods & Services

Overview
Financials & Estimates
Investor consensus
Compare
-0.71 %
+8.38 %
+7.96 %
+14.47 %
-8.15 %
-40.48 %
-39.62 %
-55.18 %
+24.55 %

Tokmanni Group is a variety discount retailer in the Nordics. The group has stores in Finland, Sweden and Denmark under the brand names Tokmanni, Dollarstore, Big Dollar, Click Shoes and Miny. In addition, Tokmanni has online stores. Tokmanni's headquarter and logistics centres are located in Mäntsälä, Finland. Dollarstore is headquartered in Kista, Stockholm with a central warehouse in Örebro. The group own a procurement company located in Shanghai together with a Norwegian discount store chain Europris.

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Market cap
491.26M EUR
Turnover
1.73M EUR
P/E (adj.) (25e)
12.87
EV/EBIT (adj.) (25e)
15.21
P/B (25e)
1.75
EV/S (25e)
0.74
Dividend yield-% (25e)
5.27 %
Coverage
Recommendation
Reduce
Target price
7.70 EUR
Updated
15.12.2025
Disclaimer
Arttu Heikura
Arttu Heikura

Analyst

Latest research

Latest analysis report

Released: 17.11.2025

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
6.3
2026

Annual report '25

28.4
2026

General meeting '26

8.5
2026

Business review Q1'26

Risk
Business risk
Valuation risk
Low
High
All
Research
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Press releases
ShowingAll content types
Analyst Comment2/2/2026, 8:34 AM by
Arttu Heikura

Finnish trade grew slightly in December

The sales growth was driven by moderate growth in daily consumer goods, while the development in consumer durables was negative, following last year's trend.

KeskoTokmanni Group
Regulatory press release1/30/2026, 8:30 AM

Tokmanni Group Oyj: Change in Tokmanni Group's Executive Team: Janne Pihkala appointed Chief Sourcing and Buying Officer

Tokmanni Group
Regulatory press release1/20/2026, 2:30 PM

Tokmanni Group Oyj: Change in Tokmanni Group's Executive Team: Chief Sourcing and Buying Officer Juha Valtonen to pursue new opportunities outside the company

Tokmanni Group

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Regulatory press release1/9/2026, 9:30 AM

Tokmanni Group Oyj: Proposal of the Shareholders' Nomination Board for the composition and remuneration of Tokmanni Group's Board of Directors

Tokmanni Group
Regulatory press release1/2/2026, 9:45 AM

Tokmanni Group Oyj: Tokmanni Group Corporation: Disclosure under chapter 9, section 10 of the securities market act (The Goldman Sachs Group, Inc.)

Tokmanni Group
Analyst Comment1/2/2026, 7:05 AM by
Arttu Heikura

Finnish trade was stagnant in November

November's performance was weaker than the year-to-date (January-November 2-3% y/y) but broadly in line with our expectations.

KeskoTokmanni Group
Regulatory press release12/11/2025, 1:00 PM

Tokmanni Group Oyj: Tokmanni Group Corporation: Disclosure under chapter 9, section 10 of the securities market act (The Goldman Sachs Group, Inc.)

Tokmanni Group
Regulatory press release12/3/2025, 12:15 PM

Tokmanni Group Oyj: Tokmanni Group Corporation: Managers' Transactions - Mika Rautiainen

Tokmanni Group
Regulatory press release12/1/2025, 1:50 PM

Tokmanni Group Oyj: Change in the holding of Tokmanni Group Corporation's own shares

Tokmanni Group
Regulatory press release12/1/2025, 1:45 PM

Tokmanni Group Oyj: Tokmanni Group Corporation: Managers' Transactions - Mika Rautiainen

Tokmanni Group
Analyst Comment12/1/2025, 7:11 AM by
Rauli Juva, Olli Vilppo

Finnish trade grew nicely in October

According to figures reported by PTY, the grocery consumer market relevant to Kesko grew by 4.5% in October, while the target market for Tokmanni, i.e., sales of non-grocery products in department store and hypermarket chains, increased by 5%.

KeskoTokmanni Group
Regulatory press release11/28/2025, 9:00 AM

Tokmanni Group Oyj: Tokmanni Group Corporation: Managers' Transactions - Sompa Capital Oy

Tokmanni Group
Regulatory press release11/27/2025, 8:45 AM

Tokmanni Group Oyj: Tokmanni Group Corporation: Managers' Transactions - Seppo Saastamoinen

Tokmanni Group
Regulatory press release11/27/2025, 8:45 AM

Tokmanni Group Oyj: Tokmanni Group Corporation: Managers' Transactions - Eliisa Saastamoinen

Tokmanni Group
Regulatory press release11/26/2025, 8:15 AM

Tokmanni Group Oyj: Tokmanni Group Corporation: Managers' Transactions - Janne Pihkala

Tokmanni Group
Regulatory press release11/25/2025, 10:00 AM

Tokmanni Group Oyj: Tokmanni Group Corporation files listing application and publishes listing prospectus in respect of its EUR 100 million notes

Tokmanni Group
Regulatory press release11/19/2025, 7:20 AM

Tokmanni Group Oyj: Tokmanni Group Corporation: Managers' Transactions - Tapio Arimo

Tokmanni Group
Regulatory press release11/19/2025, 7:15 AM

Tokmanni Group Oyj: Tokmanni Group Corporation: Managers' Transactions - Timo Heimo

Tokmanni Group
Tokmanni Q3'25: Dollarstore as a big question mark
Research11/17/2025, 2:10 PM by
Olli Vilppo

Tokmanni Q3'25: Dollarstore as a big question mark

Tokmanni's Q3 result weakened due to Dollarstore's poor performance, and the good development in Finland was not enough to compensate for this.

Tokmanni Group
Regulatory press release11/14/2025, 6:15 AM

Tokmanni Group Oyj: Tokmanni Group's financial reporting and Annual General Meeting in 2026

Tokmanni Group
Forum discussions
I don’t understand how? Isn’t this a bit like comparing Motonet and K-Rauta?
2/9/2026, 11:53 AM
by All in aina
11
Tokmanni sells a lot of rugs, small furniture, and summer furniture. A major competitor is now gone.
2/9/2026, 12:19 PM
by StockTycoon
10
The “Finland’s cheapest” campaign is the best thing that has happened at Tokmanni in years. A differentiator after the Tokmanni truck and bucket, which were launched years ago. And Tokmanni needs a draw more than anything, because at the moment, not many people are wandering into...
2/9/2026, 3:09 PM
by TTTT
9
This could also be a risk for Tokmanni if Jula and Rusta start grabbing these spaces.
2/9/2026, 12:46 PM
by Blackparta
9
A strong hunch, without knowing anything for sure. Actually, Tokmanni has very few rugs; I believe Ikea is where “the cheap ones” are bought, and those who have the cash have bought from Asko/Isku and will move to Veke, Vepsäläinen, or the like (or online). In garden furniture, Masku...
2/9/2026, 12:40 PM
by All in aina
8
Well, for instance, like this: tokmanni.fi Sisustuskalusteet | tokmanni.fi Sisustuskalusteet -tuotteet edulliseen hintaan Tokmannin verkkokaupasta. Toimitus 2–5 arkipäivää. Tutustu ja tilaa! And on top of that, rugs, bedding, lighting…. And above all, the summer furniture.
2/9/2026, 12:33 PM
by JuhaR
8
I’ve never really thought of Sotka and Asko as Tokmanni’s competitors, but I think there’s a good point here. I don’t think we’re talking about anything massive on Tokmanni’s scale, but Tokmanni could benefit quite a bit in a category like outdoor furniture. In many smaller towns...
2/9/2026, 12:40 PM
by Blackparta
7
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