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Norrhydro Group

1.17 EUR

0.00 %

1,749 following

NORRH

First North Finland

Industrial Goods & Services

Industrials

0.00 %
-4.88 %
-11.03 %
-2.50 %
-27.55 %
-30.97 %
-63.44 %
-
-71.70 %

Norrhydro Group operates in the industrial sector. The company specializes in the manufacture of hydraulic cylinders. In addition to its main operations, the company is engaged in research and development. Customers are found in various sectors, with the greatest concentration in the industrial sector. Norrhydro Group operates primarily in the Nordic region and has its headquarters in Finland.

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Market cap
12.97M EUR
Turnover
5.23K EUR
P/E (adj.) (25e)
68.79
EV/EBIT (adj.) (25e)
16.32
P/B (25e)
1.6
EV/S (25e)
0.77
Dividend yield-% (25e)
-
Coverage
Recommendation
Accumulate
Target price
1.60 EUR
Updated
2025-12-02
Disclaimer
Pauli Lohi
Pauli Lohi

Analyst

Latest research

Latest analysis report

Released: 2025-12-03

Latest extensive report

Released: 2025-12-03

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
19/2
2026

Annual report '25

24/3
2026

General meeting '26

22/4
2026

Business review Q1'26

Risk
Business risk
Valuation risk
Low
High
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Norrhydro Group H1’25 -snabbkommentar: Omsättningen vände till tydlig tillväxt, nedersta raden hamnade under våra estimat
Analyst Comment by
Pauli Lohi

Norrhydro Group H1’25 -snabbkommentar: Omsättningen vände till tydlig tillväxt, nedersta raden hamnade under våra estimat

Norrhydro Group rapporterade idag sin H1-rapport. Omsättningen ökade mer än väntat, men de nedersta raderna i rapporten understeg våra estimat. Marknadsutsikterna innehåller inga större ändringar och bolaget upprepade sin guidning om att omsättningen och EBITDA förväntas öka under 2025. Även om marknaden utvecklades med en uppåtgående trend under H1, är det fortfarande delvis oklart hur den geopolitiska osäkerheten kommer att påverka efterfrågan under årets andra hälft.

Norrhydro Group
Research by
Pauli Lohi

Norrhydro Group: Högriskbolag med vändningspotential

Norrhydro Group har under de senaste åren investerat i en ny modern fabrik, ökat sin kundbas och även satsat på nya produktområden med högre förädlingsvärde, vilket enligt vår mening stöder bolagets möjligheter till vinsttillväxt på medellång sikt. Å andra sidan har belastningen från investeringarna tillsammans med den svaga konjunkturen inom branschen ökat skuldsättningen. Vi förutser att en återhämtning i efterfrågan och kostnadsbesparingar kommer att stödja en ökning av resultatnivån under de närmaste åren, vilket med våra nuvarande antaganden skulle hjälpa bolaget att gradvis minska skuldbördan. Om estimaten infrias skulle de nuvarande höga värderingsmultiplarna sänkas ganska snabbt under de kommande åren. Hög skuldsättningsgrad och en utmanande balansräkning ökar risknivån för aktien.

Norrhydro Group
Forum discussions
Our bull case is primarily based on the upward development of the traditional cylinder business. This would likely enable the company to reduce its debt in the coming years (debt has been at a relatively high level for the past 3 years) and would reduce earnings-based valuation multiples...
12/8/2025, 7:45 AM
by Pauli Lohi
17
Regarding the previous point, when you refer to Harvia’s Järnefelt. He organized the planning of organizational changes at the end of 2024. In 2025, the reorganization began, and they changed sales, country/regional organizations, and personnel. New professionals from outside the...
12/13/2025, 3:15 PM
4
Based on Parviainen’s LinkedIn, he has at least done several interim CEO roles. Was there a phase where an interim person was needed, or did he get fired anyway? It’s probably useless to speculate about this. In any case, it’s a shame that the Company can’t find, or Yrjö won’t give...
12/11/2025, 3:10 PM
by Virtuaali
4
That’s incorrect. Norrhydro was listed at the end of -21. Parviainen started as Norrhydro’s CEO in 11/22 (though he was fired already in 5/23): sttinfo.fi Matias Parviainen on nimetty Norrhydro Group Oyj:n toimitusjohtajaksi... NORRHYDRO GROUP OYJ - YHTIÖTIEDOTE 08.08.2022 klo 10...
12/11/2025, 2:54 PM
by HH82
3
Lately, I’ve been inclined to think that this is Yrjö’s personal matter and doesn’t seem to be related to the company. If it were related to the company, one would think that other insiders would also be selling. Of course, Yrjö’s sales certainly make all of us following the company...
12/11/2025, 2:43 PM
by Mikko Marttinen
3
Shares are indeed being sold off at a rapid pace. I have indeed expressed my stance before regarding the company’s situation, which is not very flattering. The balance sheet is tight. I have followed the company a bit less lately, but how exactly did the CEO situation unfold? When...
12/11/2025, 1:28 PM
3
It’s challenging to find a CEO willing to tackle and rectify the balance sheet situation. That expertise isn’t available internally, with the exception of Yrjö. Yrjö certainly knows how to operate the company in its current state, but one wonders about the rest of the management.
12/12/2025, 4:10 PM
2
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