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Harvia

44.90 EUR+0.34 %16/10 17:29
15,174 following

HARVIA

NASDAQ Helsinki

Home Products

Consumer Goods & Services

Overview
Financials & Estimates
Dividend
Short Selling
Investor views
Compare
+0.34 %
+5.65 %
+10.05 %
+25.77 %
+4.66 %
+27.74 %
+78.46 %
-13.98 %
+798.00 %

Harvia is a manufacturer of sauna systems. The product range consists of complete solutions that include ready-made sauna and spa systems, as well as electric sauna heaters, wood-burning sauna stoves and related furnishings. In addition, the company manufactures infrared sauna systems. Operations are held on a global level, where the company's products are found through partners. The company was founded in 1950 and has its headquarters in Muurame.

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Market cap
839.37M EUR
Turnover
605.99K EUR
P/E (adj.) (26e)
25.81
EV/EBIT (adj.) (26e)
19.76
P/B (26e)
5.72
EV/S (26e)
3.97
Dividend yield-% (26e)
1.83 %
Coverage
Recommendation
Accumulate
Target price
47.00 EUR
Updated
2026-10-06
Disclaimer
Rauli Juva
Rauli Juva

Analyst

Latest research

Latest analysis report

Released: 2026-10-06

Latest extensive report

Released: 2026-10-06

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
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Forum discussions
Harvia’s comprehensive report is out today, accessible to everyone as usual. No material changes to our view or forecasts, meaning we still expect strong growth to continue, but there are a couple of things I’d still like to highlight. First, regarding the content of the report, ...
10/6/2026, 6:24 AM
by Rauli_Juva
61
Good catch. In the recent extensive report, I actually mentioned that Costco is likely Harvia’s largest customer nowadays. The company doesn’t mention it by name, but the share of the largest customer had turned back upward in 2025, after having consistently declined previously (...
10/7/2026, 7:52 AM
by Rauli_Juva
52
The Motley Fool – 29 Sep 26 Costco (COST) Q4 2026 Earnings Call Transcript | The Motley Fool Executive membership hit record penetration as sales surged 11.2% in fiscal 2026. Based on the June–August quarter, sauna and massage chair sales grew “over 50%” according to Costco’s CFO...
10/7/2026, 7:29 AM
by OttoJ
45
Good to hear that this method could be useful for some other companies as well Those shipment counts can also be converted into kilograms, which gives at least some indication of volume as well. Below is the same table measured in kilos instead of shipment counts. Edit: In addition...
10/7/2026, 10:03 AM
39
Today 14.10. DNB Carnegie raises Harvia’s target price to EUR 52.00 (prev. 49.00), reiterates Buy recommendation.
10/14/2026, 5:04 AM
by Iltsu
37
OP updated its forecast today, raising the target price to €46 (prev. €43) and upgrading the recommendation to Accumulate (prev. Reduce) Headline in the Q3 preview: “Conditions in place for a positive earnings surprise”
10/8/2026, 5:40 AM
by Montau
31
Regarding Q3, it’s worth keeping in mind that there is sales shifted over from Q2 due to the production disruption in Muurame, so the figures will be strong partly because of that. Of course, I believe that growth will remain strong in the US as well (which wasn’t really affected...
10/8/2026, 6:36 AM
by Rauli_Juva
26
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
29/10
2026

Interim report Q3'26

10/2
2027

Annual report '26

31/3
2027

General meeting '27

Regulatory press release2026-10-15 12:00

Harvia Plc distributes a dividend of EUR 0.38 per share

Harvia
Harvia Plc, Webcast, Q3'26
Webcast2026-10-29 10:00

Harvia Plc, Webcast, Q3'26

Harvia
Harvia extensive report: Sauna industry leader expands through US momentum
Extensive research2026-10-06 11:13 by
Rauli Juva

Harvia extensive report: Sauna industry leader expands through US momentum

Harvia is a leading company in its field, boasting clear competitive advantages and strong growth potential.

Harvia

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Regulatory press release2026-09-08 14:30

Composition of the shareholders’ nomination board of Harvia Plc

Harvia
Regulatory press release2026-09-01 13:00

Harvia Plc: Managers' transactions - Wörmanseder

Harvia
Regulatory press release2026-08-12 13:00

Harvia Plc’s financial information and Annual General Meeting in 2027

Harvia
Harvia Q2'26: US-driven growth continues
Research2026-08-07 08:39 by
Rauli Juva

Harvia Q2'26: US-driven growth continues

Harvia reported stronger-than-expected Q2 figures, driven by strong growth in North America.

Harvia
Harvia Plc, Webcast, Q2'26
Webcast2026-08-06 10:00

Harvia Plc, Webcast, Q2'26

Harvia
Regulatory press release2026-08-06 08:00

Harvia’s Half-year financial review 1 January – 30 June 2026

Harvia
Harvia Q2'26 preview: Upgrades in Muurame likely to weigh temporarily on earnings
Analyst Comment2026-08-04 08:38 by
Rauli Juva

Harvia Q2'26 preview: Upgrades in Muurame likely to weigh temporarily on earnings

The IT system upgrade at the Muurame factory weighs on the Q2 EBIT margin, pushing it to an exceptionally low 15%.

Harvia
Press release2026-07-30 13:00

Harvia will publish its half-year report for January–June 2026 on Thursday, 6 August 2026 at around 9:00 a.m. EEST

Harvia
Press release2026-06-09 11:00

Jyväskylä Universities and Gradia Join Forces with Harvia to Build a cutting-edge Ecosystem for Knowledge and Innovation

Harvia
Regulatory press release2026-06-01 10:30

Harvia Plc: Managers' transactions - Castrén

Harvia
Regulatory press release2026-06-01 10:30

Harvia Plc: Managers' transactions - Richter

Harvia
Regulatory press release2026-06-01 10:30

Harvia Plc: Managers' transactions - Liitola

Harvia
Regulatory press release2026-06-01 10:30

Harvia Plc: Managers' transactions - Holmén

Harvia
Regulatory press release2026-06-01 10:30

Harvia Plc: Managers' transactions - Von Stackelberg-Hammarén

Harvia
Regulatory press release2026-06-01 10:30

Harvia Plc: Managers' transactions - Korhonen

Harvia
Regulatory press release2026-05-29 08:00

CHANGES IN HARVIA PLC’S OWN SHARES

Harvia
Harvia's markets and market shares are growing
Analyst Comment2026-05-27 08:11 by
Rauli Juva

Harvia's markets and market shares are growing

We believe Harvia's target markets will continue to grow in the coming years, and the company will be able to continue gaining market share.

Harvia