contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


incap-balance-sheet-put-work-planned-acquisition

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Head of Research

Antti Viljakainen

Incap operates in the industrial sector. The company supplies equipment and services for industrial players, where the range includes PCB assembly, system integration, box building integration, design validation, and inspection methods. The largest operations are found in the Nordic, Baltic and Asian regions. The company was originally established in 1985 and is headquartered in Helsinki.

Incap Group’s financial statements release for January–December 2025 will be published on Thursday, 26 February 2026 at approximately 9:00. Finnish and English reporting materials will be available at that time on the company’s website at https://incapcorp.com/fi/raportit-ja-esitykset/. Webcast  The company will hold a webcast in English on Thursday, 26 February 2026 starting at 11:00. The results will be presented by Incap Corporation’s President and CEO Otto Pukk and CFO Antti Pynnönen. The live webcast can be followed at https://events.teams.microsoft.com/event/101baaa5-110d-4a6d-8b7d-b6fbb5b996da@abb82829-72d6-49fe-9638-f934f5da4760. During the webcast, questions can be submitted through the webcast platform’s Q&A function at the address mentioned above. Questions can also be addressed to President and CEO Otto Pukk and CFO Antti Pynnönen here in the Inderes discussion forum. The answers will be published on the company’s own website and in this discussion thread. A recording of the webcast will be available on the company’s website at https://incapcorp.com/fi/raportit-ja-esitykset/ later that same day.  Incap Group’s financial statements release for January–December 2025 will be published on Thursday, 26 February 2026 at approximately 9:00 EET. At that time, reporting materials in Finnish and English will be available on the company’s website at https://incapcorp.com/reports-and-presentations/. Webcast  The company will hold a webcast on Thursday, 26 February 2026 at 11:00 EET. The result will be presented by Incap Corporation’s President and CEO Otto Pukk and CFO Antti Pynnönen. The live webcast can be followed at https://events.teams.microsoft.com/event/101baaa5-110d-4a6d-8b7d-b6fbb5b996da@abb82829-72d6-49fe-9638-f934f5da4760. During the webcast, questions can be asked through the webcast Q&A function at the address mentioned above. Questions can also be addressed to President and CEO Otto Pukk and CFO Antti Pynnönen here in the Inderes discussion forum. The answers will be published on the company’s website and in this thread. The recording of the webcast will be available on the company’s website at https://incapcorp.com/reports-and-presentations/ later that day.

The Norwegian guy has snapped up some more shares for his portfolio again, 130,000 shares this time. Seems like a pretty smart guy based on the article, and he must be since he’s also invested in Incap  for many making money as investors, a big problem is that they want to do it quickly without looking for so-called “reasonably priced stocks where the herd is not.” https://www.dn.no/marked/aasulv-tveitereid/finans/aat-invest/for-forste-gang-er-aasulv-tveitereid-mer-investert-utenfor-norge-et-hav-av-muligheter/2-1-1842006

@Isa_Hudd and Antti discussed Incap.                    Inderes              Incap: The Lacon acquisition - Inderes    Time: 29.01.2026 klo 10.14 In December, Incap announced it would acquire the shares of the German company Lacon.

Free trade is definitely positive for export companies like Incap, especially in the long run. In the short term, however, there may not necessarily be direct effects that are radically visible in the figures, unless the trade agreement acts as a specific trigger for a customer to shift production to India. Europe is the largest market for Incap’s Indian factory (i.e., the lion’s share of VE deliveries), and there is capacity to take on more customers. Comments from the India factory visit, where this topic was touched upon, can be found here.

Regarding Incap, it would be interesting to hear how the free trade agreement between India and the EU affects Incap. As I understand it, volumes at the Indian factories are already high, but there is still plenty of capacity for expansion. @Antti_Viljakainen, it would be great to hear your comments on this.

Inderes              Incap: Taseen työ tukee osakkeen nousuvaraa - Inderes    Näemme Lacon- yritysostossa strategista logiikkaa, mutta lähtötason korkeintaan neutraalin arvostuksen myötä kaupan arvonluonti perustuu mielestämme etenkin Laconin kannattavaan kasvattamiseen osana Incapiä ja yhtiöiden välisten kaupallisten...

Today, so far, 2.9 MEUR turnover (>300k shares). edit: As an interesting detail, a new name has appeared on the shareholder list:     4.12.2025: Ivar Løge AS, 75 000     Ivar is apparently a Norwegian investor. An interesting headline came up in a Google search: “Investor Ivar Løge har hatt enorm avkastning på børs…”, i.e., “Investor Ivar Løge has had enormous returns on the stock market”

Incap

Incap announced yesterday it has acquired the US EMS company Pennatronics. We find the acquisition strategically good and also believe the acquisition price is quite reasonable. 


<p>Incap announced yesterday it has acquired the US EMS company Pennatronics. We find the acquisition strategically good and also believe the acquisition price is quite reasonable. We included the immediate acquisition in our estimates for Incap and the changes at EPS level were slightly positive for the next few years. Despite the slight decreasing effect of the acquisition, Incap's risk profile remains highish, but we believe that the share valuation is low (2024e: P/E 11x, EV/EBIT 7x). Thus, looking beyond the challenges of this year the share’s risk-adjusted expected return is sufficient in our opinion.</p> 

	2022	23e	24e
Revenue	263.8	250.8	294.4
growth-%	55.4 %	-4.9 %	17.4 %
EBIT (adj.)	40.0	32.1	39.8
EBIT-% (adj.)	15.2 %	12.8 %	13.5 %
EPS (adj.)	0.98	0.80	0.99
Dividend	0.00	0.00	0.10
Dividend %			1.0 %
P/E (adj.)	17.5	12.2	9.8
EV/EBITDA	12.0	7.6	5.6

Incap: Balance sheet put to work with a planned acquisition

Key Estimate Figures03.07.2023

Forum discussions