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Marimekko

11.36 EUR

+1.25 %

10,547 following
Corporate customer

MEKKO

NASDAQ Helsinki

Personal Goods

Consumer Goods & Services

+1.25 %
-13.15 %
-12.21 %
-7.34 %
-4.22 %
-9.27 %
+18.21 %
+7.58 %
+2,351.80 %

Marimekko is a textile and clothing company. The range includes clothing, bags, accessories and household items ranging from upholstery fabrics to porcelain. The products are sold through physical stores under the company's brand throughout the global market, primarily in Europe, North America and Asia. Marimekko was founded in 1951 and is headquartered in Helsinki.

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Market cap
461.77M EUR
Turnover
288.23K EUR
P/E (adj.) (26e)
17.39
EV/EBIT (adj.) (26e)
13.14
P/B (26e)
5.52
EV/S (26e)
2.25
Dividend yield-% (26e)
6.16 %
Coverage
Recommendation
Accumulate
Target price
12.50 EUR
Updated
2026-02-13
Disclaimer
Rauli Juva
Rauli Juva

Analyst

Latest research

Latest analysis report

Released: 2025-11-03

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
16/4
2026

General meeting '26

17/4
2026

Annual dividend

13/5
2026

Interim report Q1'26

Risk
Business risk
Valuation risk
Low
High
ShowingAll content types
Third party research

Marimekko: Resilience to continue - Evli

Marimekko's Q4 came in slightly below our estimates, with profitability disappointing, particularly due to higher fixed costs. We expect stable and resilient performance to continue in 2026.

Marimekko

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Third party research

Marimekko: Earnings fell short of estimates - Evli

Marimekko's fourth quarter revenue missed our estimates slightly, weighed down by wholesale weakness outside APAC. However, the important APAC region performed well and above our expectations. The company's profitability fell clearly short of estimates...

Marimekko
Third party research

Marimekko: A solid finish to the year expected - Evli

Marimekko is set to report its Q4'25 results on Thursday, February 12. We expect Q3 momentum to have carried into Q4 despite weak market conditions, driving mid-single-digit sales growth and a y/y improvement in EBIT.

Marimekko
Third party research

Marimekko: Strong momentum set to continue - Evli

Marimekko’s Q3 brought no major surprises, with both net sales and profitability roughly in line with estimates. Despite the subdued market environment, we expect the strong development to continue in Q4.

Marimekko
Third party research

Marimekko: Well in line with estimates - Evli

Marimekko’s Q3 results were well in line with expectations. Both domestic and international sales posted solid growth, supported in particular by strong wholesale performance. Operating profit improved by 13%, driven by higher volumes.

Marimekko
Forum discussions
The only non-verbal cue I understood in this latest one was that Tiina was steadily backing away from me during the interview. I don’t know what to make of that, but it certainly didn’t affect the recommendation
2/13/2026, 11:10 AM
by Rauli_Juva
17
A refreshingly critical post! Although I own a fair amount of the company myself and like the brand, the concerns raised by Almanakka are very well-founded. Management incentive scheme: After the financial year, the company introduced a new share-based management incentive program...
yesterday
by Tyhjätasku
9
This was asked, and perhaps the clearest part of the answer was that in Asia, partners are mainly responsible for marketing, so Marimekko cannot push marketing funds there on its own. Here is the full interview: Inderes Marimekko Q4'25: Vaisuksi jäänyt kasvu näkyi tulosrivillä - ...
2/12/2026, 4:50 PM
by Rauli_Juva
9
Almanakka has written their own analysis on Marimekko following the Q4 results. After Q2, I myself grew tired of listening to management beating around the bush regarding Asia-related questions. Now, in my opinion, the market has quite deservedly punished the company for its poorly...
yesterday
by Sijoittaja-alokas
7
Thanks Rauli! It’s great that you’re bringing up questions from here on the forum. Tiina’s answer was very logical; if the partners are primarily responsible for marketing, it’s difficult to invest. On the other hand, strategically, that loose-franchise partner model is a bit of ...
2/12/2026, 5:30 PM
by Tyhjätasku
7
Inderes Marimekko Q4'25: Tuotto-odotus löysi uuden kuosin - Inderes Mielestämme osinko ja tuloskasvu tarjoavat yli 10 % tuotto-odotuksen arvostuksen ollessa neutraali vuodelle 2026. Adding a link to @Rauli_Juva’s new report; the rating has turned to Accumulate, meaning Rauli finally...
2/13/2026, 8:57 AM
by NukkeNukuttaja
6
Here are Rauli’s quick comments on Marimekko’s Q4 Marimekko grew by only 1% in Q4, which meant the company’s adj. operating profit remained at EUR 8.8 million, falling below the level of the comparison period and clearly below our forecast. As expected, the company provides guidance...
2/12/2026, 7:59 AM
by Sijoittaja-alokas
6
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