Arvo Sijoitusosuuskunta

82.99 EUR

+0.59 %

1,905 following
Corporate customer

ARVOSK

First North Finland

Investment

Financials

+0.59 %
-1.33 %
+3.74 %
+4.39 %
+14.90 %
+46.94 %
-
-
+5.06 %

Arvo Sijoitusosuuskunta is an investment company. The company is run as a cooperative with members who are active in the company and get to share in large parts of the company's profits. The vision is to create long-term returns and to drive business development within each investment, mainly via greater ownership and board representation in unlisted local companies in Finland. The company was founded in 1914 and has its headquarters in Ylivieska, Finland.

Read more
Market cap
67.59M EUR
Turnover
4.45K EUR
P/E (adj.) (26e)
8.05
EV/EBIT (adj.) (26e)
7.35
P/B (26e)
0.67
EV/S (26e)
3.3
Dividend yield-% (26e)
7.23 %
Coverage
Recommendation
Accumulate
Target price
89.00 EUR
Updated
2026-03-11
Disclaimer
Frans-Mikael Rostedt
Frans-Mikael Rostedt

Analyst

Latest research

Latest analysis report

Released: 2026-03-11

Latest extensive report

Released: 2025-11-21

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
20/8
2026

Interim report Q2'26

Risk
Business risk
Valuation risk
Low
High
ShowingAll content types

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
Research by
Frans-Mikael Rostedt

Arvo sijoitusosuuskunta H1'25: Likvida tillgångar stödde värdeutvecklingen

Arvos siffror för H1-rapporten var som väntat starka, även om det också fanns negativa poster. Värdet på vår sum-of-the-parts-kalkyl ökade framför allt tack vare värdeökningen på de nya noterade innehaven (Hanza och Summa Defence). NAV-nedsättningen har minskat något, men vi anser att den nuvarande nedsättningen på -46 % tillsammans med en avkastning på 7–9 % gör den förväntade avkastningen attraktiv.

Arvo Sijoitusosuuskunta
Forum discussions
The lock-ups expired quickly, and Arvo pulled the trigger even faster than my expectations. HANZA’s development has certainly been good, but IMO, expectations are also starting to get quite high. The valuation (with Tikr as the source) on a forward 12-month basis is at an adj. EV...
3/11/2026, 8:02 AM
by Frans-Mikael Rostedt
12
The corporate form does not restrict this, but currently the board does not have authorization from the cooperative meeting to acquire its own units. So, such authorization would be needed from the spring cooperative meeting
3/12/2026, 9:24 AM
by Frans-Mikael Rostedt
8
Arvo Sijoitusosuuskunta has sold all of its 896,806 shares in HANZA AB at a sale price of approximately 139.5 million Swedish krona (MSEK), which translates to a positive earnings impact of approximately 6.8 million euros (MEUR) for the current financial year. The final capital gain...
3/10/2026, 5:36 PM
by Blackparta
8
Arvo made an additional investment in Nordic Bites Group (a minority investment with Juuri Partners) to enable acquisitions and growth plans. At the same time, NBG is acquiring nine Subway restaurants in the Turku, Tampere, Nokia, and Salo regions, increasing the number of its own...
3/27/2026, 2:32 PM
by Frans-Mikael Rostedt
5
Absolutely agree. In Arvo’s case, I would see it as very sensible capital allocation to start buying back its own shares. Especially when there are so many highly liquid assets. This would be a clear driver for narrowing the discount to book value.
3/12/2026, 7:21 AM
by Frans-Mikael Rostedt
4
I support share buybacks; it would make sense right now! Is there an authorization for share buybacks? I didn’t find one at a quick glance. Even now after the news, volume is low and the spread is often wide. It would definitely improve pricing efficiency. EDIT: Could the company...
3/12/2026, 8:41 AM
by Kopi1
3
I agree with Hanza’s valuation and that now was a good time to exit. I would say the estimate for the interest payout is a good conservative one, but it naturally depends on whether there will be other exits. Furthermore, thanks to its very strong equity ratio, the company could ...
3/11/2026, 7:04 PM
by Janne
3
Read more on our forum
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.