Betolar

1.28 EUR

+34.74 %

1,522 following

BETOLAR

First North Finland

Industrial Goods & Services

Industrials

Overview

Financials & Estimates

Dividend

Investor consensus

+34.74 %

+6.67 %

+21.90 %

+21.90 %

+4.92 %

+42.22 %

-54.12 %

-

-80.49 %

Betolar is a pioneering materials technology company focusing on turning industrial side streams into value. Betolar offers continuous competitive edge to the construction industry and enable the transition towards a sustainable built environment - socially, environmentally and economically.

Market cap

27.61M EUR

Turnover

128.21K EUR

P/E (adj.) (26e)

-5.39

EV/EBIT (adj.) (26e)

-7.18

P/B (26e)

-9.5

EV/S (26e)

9.15

Dividend yield-% (26e)

-

Coverage

Recommendation

Reduce

Target price

1.10 EUR

Updated

2026-03-29

Tommi Saarinen

Analyst

Latest research

Latest analysis report

Released: 2026-03-30

Latest extensive report

Released: 2025-10-06

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar

23/4

2026

Business review Q1'26

12/8

2026

Interim report Q2'26

28/10

2026

Business review Q3'26

Risk

Business risk

Valuation risk

Low

High

All

Research

Webcasts

Press releases

ShowingAll content types

Betolar erbjuder en lösning för skydd av kritisk infrastruktur

Analyst Comment12 hours ago by

Betolar erbjuder en lösning för skydd av kritisk infrastruktur

Betolar meddelade i morse att de har utvecklat en ny lösning för att skydda kritisk infrastruktur, såsom transformatorstationer, mot drönarattacker och andra fysiska hot.

Press release13 hours ago

Betolar Oyj: Betolar introduces a solution to protect critical infrastructure from drone and other threats

Betolar: Sales for projects for the rest of the year is ongoing

Research3/30/2026, 7:04 AM by

Betolar: Sales for projects for the rest of the year is ongoing

We lowered our revenue estimates as we interpret new sales to have progressed slower than our estimates.

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Regulatory press release3/18/2026, 10:10 AM

Betolar Oyj: Betolar Plc: Resolutions of the Annual General Meeting and the Constitutive Meeting of the Board of Directors

Regulatory press release2/25/2026, 6:35 AM

Betolar Oyj: Notice to the Annual General Meeting of Betolar Plc

Regulatory press release2/25/2026, 6:30 AM

Betolar Oyj: Betolar Plc's Annual Report 2025 has been published

Betolar meddelade om ett samarbetsprojekt som har potential att stödja företagets finansiella ställning

Analyst Comment2/12/2026, 6:33 AM by

Betolar meddelade om ett samarbetsprojekt som har potential att stödja företagets finansiella ställning

Den offentliga finansiering som söks skulle ge företaget avgörande extra tid att driva tekniken mot ett kommersiellt genombrott.

Press release2/12/2026, 6:15 AM

Betolar Oyj: Betolar, EcoGraf and GTK collaborate to transform Epanko mine tailings using Betolar's metal extraction technology

Betolar H2'25: Significant growth expected this year

Research2/6/2026, 8:03 AM by

Betolar H2'25: Significant growth expected this year

We expect the company to need additional funding by early 2027.

Betolar, Webcast, Q4'25

Webcast2/5/2026, 8:00 AM

Betolar, Webcast, Q4'25

Betolar H2'25 -snabbkommentar: Guidning som visar tydlig tillväxt med stöd av en stor order, men balansräkningen behöver förstärkas

Analyst Comment2/5/2026, 7:30 AM by

Betolar H2'25 -snabbkommentar: Guidning som visar tydlig tillväxt med stöd av en stor order, men balansräkningen behöver förstärkas

Den stora order som meddelades i oktober låg till grund för den väntade nivåkorrigeringen i orderingången.

Regulatory press release2/5/2026, 6:30 AM

Betolar Oyj: Betolar Plc's Financial Statements Release 1-12/2025: Record high order intake and success in metal extraction

Regulatory press release1/29/2026, 1:15 PM

Betolar Oyj: Betolar Plc's Shareholders' Nomination Committee's proposals to the Annual General Meeting 2026

Press release1/29/2026, 8:00 AM

Betolar Oyj: Betolar Plc: Financial Statements Bulletin 1-12/2025 will be published on 5 February - Invitation to Webcast

Betolar H2'25 preview: Large order provides some breathing room, but the need for financing is approaching

Analyst Comment1/27/2026, 7:03 AM by

Betolar H2'25 preview: Large order provides some breathing room, but the need for financing is approaching

We expect guidance to indicate revenue growth.

Regulatory press release1/19/2026, 11:00 AM

Betolar Oyj: Trading in Betolar's shares will begin on 20 January 2026 on the OTCQX International marketplace in the United States

Betolar uppdaterade sina affärsmässiga och finansiella mål

Analyst Comment12/16/2025, 6:46 AM by

Petri Gostowski

Betolar uppdaterade sina affärsmässiga och finansiella mål

De uppdaterade målen återspeglar företagets strategiska fokus på kommersialisering av metallsepareringsteknik.

Regulatory press release12/16/2025, 6:05 AM

Betolar Oyj: Betolar Plc: Amir has been invited to join the Management Team

Regulatory press release12/16/2025, 6:00 AM

Betolar Oyj: Betolar Plc: Betolar Updates Business and Financial Targets

Regulatory press release12/8/2025, 6:30 AM

Betolar Oyj: Change to Betolar's Financial Calendar and the date of the Annual General Meeting 2026

Forum discussions

Betolar’s metal separation business is progressing. Now a project is starting in Africa. betolar.com Betolar, EcoGraf ja GTK tekevät yhteistyötä Epankon kaivoksen... Betolar Oyj Lehdistötiedote 12.2.2026 klo 8.15 Betolar, EcoGraf ja GTK tekevät yhteistyötä Epankon kaivoksen rikastushiekkoj...

2/12/2026, 3:53 PM

by j.sälli

4

The stock has entered a strong rally with this announcement. Trading volume is still quite low, of course. Linking to the defense sector is a sure way to generate at least some hype . There is real potential here, and I hope things start working out. I have a small portion of the...

10 hours ago

by Optimistinen verkkapöksy

3

Betolar Oyj has developed a solution for protecting critical infrastructure, such as substations. The protection solution has been designed to respond to the rapidly tightened security situation in Finland and internationally. Inderes Betolar Oyj: Betolarilta ratkaisu kriittisen ...

10 hours ago

by Index

3

Here is a new company report from Tommi on Betolar Betolar has not reported sales successes in early 2025 similar to Q4’25, based on which we estimate sales development to have been weaker than our expectations. As a result, we have lowered our revenue forecasts for the current year...

3/30/2026, 4:47 AM

by Sijoittaja-alokas

3

To me, that seems more like an April Fool’s joke. That’s how much business value it has. Betolar’s operations are indeed becoming desperate.

10 hours ago

by Tuokki

2

CEO’s review of last week’s General Meeting! Inderes Betolarin yhtiökokous | Toimitusjohtajan katsaus 18.3.2026 - Inderes Aika: 26.03.2026 klo 09.14 Toimitusjohtaja Tuija Kalpalan katsaus Betolarin yhtiökokouksesta 18.3.2026.

3/26/2026, 7:16 AM

by Sara Antonacci

2

Tommi spoke with Betolar’s CEO Tuija Kalpala about H2 and the company’s outlook. Inderes Betolar H2'25: Merkittävää kasvua odotuksissa - Inderes Aika: 05.02.2026 klo 11.53 Betolarin H2:n uudet tilaukset olivat ennätystasolla, mutta kiristynyt tasetilanne vaatinee lisärahoitusta. ...

2/5/2026, 1:09 PM

by Sijoittaja-alokas

2

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