• Forum
  • Stock Markets
    • MarketsLive prices, indices, and market performance
    • Morning ReviewDaily market recap and key overnight highlights
    • Stock CalendarUpcoming earnings, listings, and corporate events
    • Dividends CalendarFuture and past dividends
  • Companies
    • CompaniesBrowse and filter the full list of listed companies
    • DiscoveryInspiration for your next investment
    • IPOsNew listings and upcoming public offerings
    • AGM InvitationsAnnual general meeting dates and shareholder info
  • Stock Research
    • ResearchExpert stock analysis and recommendations
    • ArticlesNews, insights, and market commentary
    • PortfolioInderes model portfolio
    • inderesTVVideo hub for stock research, analysis, and expert commentary
    • TranscriptsFull text records of earnings calls and investor meetings
    • Stock ComparisonCompare financials and performance across multiple stocks
    • Earnings SeasonCompare EPS estimates to reported results
    • Compound Interest CalculatorSee how your savings grow with the power of compound interest.
Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Q&A
  • Terms of service
  • Privacy policy
  • Disclaimer

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.

KPY

4.18 EUR

-0.24 %

Less than 1K followers

KPYOSK

First North Finland

Investment

Financials

Overview
Financials & Estimates
Dividend
Compare
-0.24 %
-
-
-
-
-
-
-
-9.33 %

KPY is a Finnish investment company focused on long-term ownership and development of companies in several industries. The company invests primarily in Finnish growth-oriented and mid-cap companies, as well as infrastructure-related assets. Its investment strategy is structured around three areas: infrastructure, private equity and direct balance sheet investments. The company was founded in 1883 and is headquartered in Kuopio.

Read more
Market cap
114.84M EUR
Turnover
89.63K EUR
P/E (adj.) (26e)
25.61
EV/EBIT (adj.) (26e)
22.65
P/B (26e)
0.65
EV/S (26e)
1.35
Dividend yield-% (26e)
2.39 %
NAV (Q4)
246.3M EUR
NAV per share (Q4)
9.66
P/NAV
0.43
Coverage
Recommendation
Accumulate
Target price
5.10 EUR
Updated
2026-06-16
Disclaimer
Frans-Mikael Rostedt
Frans-Mikael Rostedt

Analyst

Latest research

Latest analysis report

Released: 2026-06-16

Latest extensive report

Released: 2026-06-16

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
Low
High
All
Research
Webcasts
ShowingAll content types

Forum discussions
Thanks for the link It’s nice to have a good challenger for Arvo in KPY. There are strong intentions in Kuopio to seriously expand into asset management and create growth in Finland. This is needed here, although growth, of course, does not directly equate to a good investment. The...
6/16/2026, 11:45 AM
by Frans-Mikael Rostedt
23
I read Inderes’ analysis and feel compelled to comment. Regarding the communication from the Savonians (KPY), the responsibility has been shifted to the listener before, but there were also a few things in that analysis that left me wondering. Particularly interesting to me is Sentica...
6/17/2026, 12:18 PM
by MikkoP
22
New coverage company, extensive report freely available for everyone: KPY Seurannan aloitus: Strategiamurroksen keskellä onnistuneesti pörssiin - Inderes KPY is transitioning from a traditional balance sheet investor toward a hybrid of a balance sheet investor and a fund manager,...
6/16/2026, 7:03 AM
by NukkeNukuttaja
13
Here is another video on KPY, made together with @Frans-Mikael_Rostedt!
6/16/2026, 2:59 PM
by Iikka Numminen
12
Thanks for the great challenge. I welcome challenges and comments, as the valuation of this case is difficult during the current transition phase. Sentica I agree that KPY has a great deal to prove for a valuation of EUR 28 million to be justified; also, as you described, my own ...
6/18/2026, 10:37 AM
by Frans-Mikael Rostedt
11
KPY – 11 Jun 26 KPY:n listautumisanti on ylimerkitty ja listautuminen toteutetaan... KPY on elinvoiman ja liike-elämän kiihdyttäjä. Rakennamme yhteistyötä ja uusia yhteyksiä sekä kehitämme ja kasvatamme omistusyhtiöitämme. "Commitments made in the public offering will be accepted...
6/11/2026, 11:31 AM
by Huhtis
8
Might be that I’ll participate, but then again, might be that I won’t. We’ll see; tomorrow is often the busiest day of the week.
6/5/2026, 4:03 AM
by Tikkaa heittävä Apina
7
Read more on our forum
NAVPS and growth-%

NAVPS

NAV per share growth

NAV = Net Asset Value.

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
27/8
2026

Interim report Q2'26

KPY: Framgångsrikt noterat mitt i ett strategiskt skifte
Extensive research2026-06-16 08:42 by
Frans-Mikael Rostedt

KPY: Framgångsrikt noterat mitt i ett strategiskt skifte

KPY övergår för närvarande från att vara en traditionell balansräkningsinvesterare mot en hybrid av balansräkningsinvesterare och fondförvaltare, då bolaget samlar en ny kapitalplaceringsfond och siktar även på infrastrukturfonder.

KPY
KPY osk, Yhtiötilaisuus
Webcast2026-06-02 17:00

KPY osk, Yhtiötilaisuus

KPY

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