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Kalmar

37.06 EUR-0.75 %6/11 17:29
2,631 following

KALMAR

NASDAQ Helsinki

Transport & Logistics

Industrials

Overview
Financials & Estimates
Dividend
Short Selling
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-0.75 %
-3.79 %
-3.99 %
-10.91 %
-8.58 %
+4.28 %
-
-
+40.38 %

Kalmar operates in freight handling for ports, terminals, distribution centers and heavy industry. The company develops various solutions, and provides, among other things, border tractors, terminal tractors, reach stackers, empty container handlers and forklifts. Kalmar is a spin-off of the Cargotec group. The company has its headquarters in Helsinki.

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Market cap
2.38B EUR
Turnover
1.48M EUR
P/E (adj.) (26e)
13.7
EV/EBIT (adj.) (26e)
9.94
P/B (26e)
2.91
EV/S (26e)
1.26
Dividend yield-% (26e)
3.23 %
Coverage
Recommendation
Buy
Target price
46.00 EUR
Updated
2026-10-30
Disclaimer
Aapeli Pursimo
Aapeli Pursimo

Analyst

Latest research

Latest analysis report

Released: 2026-10-30

Latest extensive report

Released: 2026-01-30

Revenue and EBIT-%
EPS and dividend
Financial calendar
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Forum discussions
At first glance, the Q3 report indeed seemed to be quite well in line with both our own and consensus expectations. Orders showed a small beat, of course, which is also partly explained by the orders announced this morning. The bigger news, then, was the updated targets, which reflect...
10/29/2026, 7:33 AM
by Aapeli Pursimo
22
Inderes – 30 Oct 26 Kalmar Q3'26: Kasvun kautta seuraavalle strategiakaudelle - Inderes Kalmarin Q3-tulos oli linjassa odotuksiimme, kun taas saadut tilaukset ylittivät ennusteet hieman. Kalmar’s Q3 results were in line with our expectations, while order intake slightly exceeded ...
10/30/2026, 6:33 AM
by Montau
19
Inderes Sisäpiiritieto: Kalmar päivittää strategiansa ja asettaa uudet tavoitteet... KALMAR OYJ, SISÄPIIRITIETO, 29.10.2026 KLO 9.10 Sisäpiiritieto: Kalmar päivittää strategiansa ja asettaa uudet tavoitteet vuodelle 2030 sisältäen uudistetun viitekehyksen pääoman allokoinnille......
10/29/2026, 7:11 AM
by Montau
17
Market Leader Kalmar’s Shares Drop into the Bargain Bin Kalmar, which generates a strong return on capital, has an attractive valuation, with the company’s EV/EBIT multiple standing below ten. Shares of Helsinki-listed Kalmar have fallen 27 percent from their 2026 peak. The company...
10/19/2026, 12:00 PM
by Index
17
Inderes Kalmarin osavuosikatsaus tammi–syyskuulta 2026: Vakaa kolmas neljännes, hyvä... KALMAR OYJ, PÖRSSITIEDOTE, 29.10.2026 KELLO 9.00 Kalmarin osavuosikatsaus tammi–syyskuulta 2026: Vakaa kolmas neljännes, hyvä tilauskertymä ja vahva kassavirta Saadut tilaukset kasvoivat 22 .....
10/29/2026, 7:02 AM
by Montau
14
Here are comprehensive comments from Aapeli regarding the takeaways from Kalmar’s CMD Kalmar held its Capital Markets Day (CMD) on Monday. The recording in English is available here, and the CEO’s interview in Finnish can be watched here. In the presentations, the company provided...
11/3/2026, 6:42 AM
by Sijoittaja-alokas
10
Aapeli interviewed Kalmar’s CEO Sami Niiranen regarding the CMD Topics: (00:00) Intro (00:11) Key takeaways from the Capital Markets Day (00:41) Growth at the core of the strategy (02:17) M&A strategy (04:30) Financial targets (06:01) Drivers for improving profitability
11/2/2026, 6:28 PM
by Sijoittaja-alokas
9
Read more on our forum
Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
11/2
2027

Annual report '26

22/3
2027

General meeting '27

28/4
2027

Interim report Q1'27

Kalmar CMD: Shifting into a higher growth gear
Analyst Comment2026-11-03 13:07
by Aapeli Pursimo

Kalmar CMD: Shifting into a higher growth gear

During the event, the company provided more information about the updated strategy announced last week and how it plans to achieve its new financial targets.

Kalmar
Kalmar Capital Markets Day 2026
Webcast2026-11-02 12:00

Kalmar Capital Markets Day 2026

Kalmar Corporation will arrange a Capital Markets Day 2026 for investors, analysts and media on Monday, 2 November 2026 at 13:00 EET.

Kalmar
Kalmar Q3'26: Growth leads the way into the next strategy period
Research2026-10-30 12:00
by Aapeli Pursimo

Kalmar Q3'26: Growth leads the way into the next strategy period

Kalmar’s Q3 results were in line with our expectations, while order intake slightly exceeded our forecasts.

Kalmar

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Kalmar’s Interim Report for January–September 2026
Webcast2026-10-29 09:00

Kalmar’s Interim Report for January–September 2026

Kalmar
Press release2026-10-29 08:30

Kalmar to supply Tropical Shipping with straddle carrier and reachstacker

Kalmar
Press release2026-10-29 08:20

Kalmar secures a significant order from the Port of Virginia for Electric Straddle Carriers

Kalmar
Regulatory press release2026-10-29 08:10

Inside information: Kalmar updates its strategy and sets new performance targets for 2030 including a renewed framework for the capital allocation

Kalmar
Regulatory press release2026-10-29 08:00

Kalmar's interim report January–September 2026: Resilient third quarter with strong orders and robust cash generation

Kalmar
Regulatory press release2026-10-28 15:15

Kalmar’s financial information in 2027

Kalmar
Kalmar Q3'26 preview: Orders expected to have grown, earnings to have declined slightly
Analyst Comment2026-10-27 09:17
by Aapeli Pursimo

Kalmar Q3'26 preview: Orders expected to have grown, earnings to have declined slightly

Kalmar will publish its Q3 report on Thursday, October 29, at around 9:00 am EET.

Kalmar
Press release2026-10-15 12:00

Kalmar’s Interim Report for January–September 2026 to be published on Thursday, 29 October 2026

Kalmar
Press release2026-10-07 17:30

Kalmar and Port of Halmstad continue partnership with the signing of a Kalmar Complete Care service contract

Kalmar
Press release2026-10-06 15:00

Kalmar announces proactive safety update for Ottawa T2 terminal tractors

Kalmar
Kalmar: Market outlook broadly unchanged, as expected
Analyst Comment2026-10-06 11:10
by Aapeli Pursimo

Kalmar: Market outlook broadly unchanged, as expected

On Monday, Kalmar held an analyst and investor call ahead of the Q3 silent period.

Kalmar
Press release2026-10-02 08:00

Kalmar receives order for first two electric reachstackers from Port of Helsingborg under frame agreement signed in Q2

Kalmar
Press release2026-09-30 08:15

Kalmar wins preventive and corrective maintenance contract for STS and ASC cranes at TTI Algeciras

Kalmar
Press release2026-09-16 08:03

Kalmar and ICTSI continue collaboration with hybrid straddle carrier order for new South Luzon Container Terminal

Kalmar
Kalmar plans to simplify its operating model
Analyst Comment2026-09-04 09:00
by Aapeli Pursimo

Kalmar plans to simplify its operating model

The measures aim to achieve annual cost savings of around 10 MEUR

Kalmar
Regulatory press release2026-09-03 16:00

Inside information: Kalmar plans to simplify its operating model to accelerate growth, enhance customer focus, and optimize operational efficiency

Kalmar
Press release2026-09-03 15:00

Kalmar opens industry-first automated Test Centre in Ljungby, Sweden

Kalmar