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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.

Panostaja

0.30 EUR+3.10 %6/11 17:29
4,228 following

PNA1V

NASDAQ Helsinki

Investment

Financials

Overview
Financials & Estimates
Dividend
Short Selling
Investor views
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+3.10 %
+12.83 %
+5.65 %
-9.67 %
-12.83 %
-25.06 %
-40.44 %
-56.67 %
+509.52 %

Panostaja is an investment company. The company acquires and develops small and medium-sized companies with long-term development potential. In addition to growth potential, the companies focus on actively owning and driving strategic changes. The investment portfolio is focused on several industries with the greatest concentration on healthcare and industry across the European market. The company's headquarters are located in Tampere.

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Market cap
15.95M EUR
Turnover
56K EUR
P/E (adj.) (26e)
-5.83
EV/EBIT (adj.) (26e)
-192.85
P/B (26e)
0.68
EV/S (26e)
0.49
Dividend yield-% (26e)
-
Coverage
Recommendation
Accumulate
Target price
0.33 EUR
Updated
2026-11-02
Disclaimer
Arttu Heikura
Arttu Heikura

Analyst

Latest research

Latest analysis report

Released: 2026-11-02

Latest extensive report

Released: 2025-09-09

Revenue and EBIT-%
EPS and dividend
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Business risk
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Forum discussions
Tärkeimmät talousuutiset | Kauppalehti – 30 Oct 26 Panostajan sijoituskohde CoreHW allekirjoitti merkittävän, noin 17 miljoonan... Tärkeimmät ajankohtaiset talousuutiset, pörssikurssit ja kattavat sijoittajapalvelut löydät Kauppalehdestä. Soon the RTLS side will start pulling its...
10/30/2026, 7:20 AM
by Tunturisusi
8
I consider the purchase price reasonable and fair. At this ARR, multiples of 4-6x have been paid for comparable companies. An interesting company that generates revenue with a relatively small number of clients. Annual billing per customer is around €24k. Quite notable companies ...
yesterday
by Tunturisusi
5
A really big contract relative to the company’s size. Likely means a full design workload for the coming years. Hopefully the margins are good.
10/30/2026, 10:01 AM
by Hosuheikki
3
Tässä on Artun kommentit tästä Panostajan uudesta ostoksesta. Panostaja tiedotti torstaina sijoittaneensa 3,9 MEUR riskienhallintaohjelmistoja kehittävään Inclusiin. Inclus on kooltaan vielä pienehkö yhtiö, mutta se omaa näkemyksemme mukaan merkittävän arvonnousupotentiaalin vahvan...
yesterday
by Sijoittaja-alokas
2
Inderes Panostaja sijoittaa riskienhallintaohjelmistoyhtiö Inclusiin - Inderes 5.11.2026 13:00:09 EET | Panostaja Oyj | SisäpiiritietoPanostaja Oyj Pörssitiedote, sisäpiiritieto 5.11.2026 klo 13.00 Panostaja sijoittaa riskienhallintaohjelmistoyhtiö Inclusiin Panostaja ... When your...
11/5/2026, 11:25 AM
by Blackparta
2
CoreHW’s improved situation indeed improves Panostaja’s situation, both through the increased value of the ownership stake and the improved quality of receivables. After all, Panostaja has significant loans granted to CoreHW, whose “value” increases (risk decreases).
11/2/2026, 11:44 AM
by Hosuheikki
2
Inderes – 2 Nov 26 Panostaja: Merkittävä sopimus nostaa CoreHW:n tulostasoa - Inderes Suunnittelusopimus nostaa kohdeyhtiön tulostasoa ja laskee ennusteriskiä.
11/2/2026, 6:16 AM
by Tunturisusi
2
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
19/11
2026

Business review Q3'26

Panostaja investerar i riskhanteringsprogramvarubolaget Inclus
Analyst Comment2026-11-06 06:50
by Arttu Heikura

Panostaja investerar i riskhanteringsprogramvarubolaget Inclus

Vi anser att placeringen är en intressant start med tanke på marknadens tillväxtpotential och internationaliseringsvinkeln.

Panostaja
Regulatory press release2026-11-05 12:00

Panostaja Invests in Enterprise Risk Management SaaS-Company Inclus

Panostaja
Panostaja: Ett betydande avtal lyfter CoreHW:s vinstnivå
Research2026-11-02 06:00
by Arttu Heikura

Panostaja: Ett betydande avtal lyfter CoreHW:s vinstnivå

Planeringsavtalet höjer målbolagets vinstnivå och minskar estimatrisken.

Panostaja

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Regulatory press release2026-10-30 08:00

Panostaja’s portfolio company CoreHW signs a significant design services agreement worth approximately EUR 17 million

Panostaja
Analyst Comment2026-10-30 07:55
by Arttu Heikura

Panostaja: Granos förhandlingar om nedskärningar har avslutats

Dessa tillfälliga anpassningsåtgärder stöder Granos kostnadseffektivitet under resten av året

Panostaja
Regulatory press release2026-10-29 11:00

Change negotiations at Panostaja’s portfolio company Grano concluded

Panostaja
Analyst Comment2026-10-15 06:40
by Arttu Heikura

Panostaja: Grano anpassar sina kostnader genom tillfälliga permitteringar

Förhandlingarna omfattar ungefär 630 personer, och eventuella permitteringar avses genomföras före utgången av det innevarande året.

Panostaja
Regulatory press release2026-10-14 15:31

Correction: Panostaja's Portfolio Company Grano initiates change negotiations concerning temporary layoffs

Panostaja
Regulatory press release2026-10-14 13:00

Panostaja's Portfolio Company Grano initiates change negotiations concerning temporary layoffs

Panostaja
Regulatory press release2026-09-17 13:00

Changes in Panostaja Oyj’s Senior Management Team

Panostaja
Panostaja Q2'26: Blandad utveckling
Research2026-08-27 07:48
by Arttu Heikura

Panostaja Q2'26: Blandad utveckling

CoreHW:s tillväxtutsikter för produktverksamheten verkar senareläggas, vilket enligt vår ståndpunkt tynger aktiens avkastningsförväntning.

Panostaja
Regulatory press release2026-08-26 09:30

Panostaja Oyj’s Half Year Financial Report January 1, 2026-June 30, 2026

Panostaja
Panostaja Q2'26 förhandskommentar: Kassan i arbete
Research2026-08-20 06:10
by Arttu Heikura

Panostaja Q2'26 förhandskommentar: Kassan i arbete

Vårt huvudfokus ligger på marknadsutvecklingen, dessutom på CoreHW:s produktverksamhet och Infomaati-förvärvet.

Panostaja
Panostaja dubblar insatserna i Lenio
Analyst Comment2026-06-03 07:15
by Olli Vilppo

Panostaja dubblar insatserna i Lenio

Företagsförvärvet fördubblar Lenios storlek och tar hälften av moderbolagets nettokassa.

Panostaja
Regulatory press release2026-06-02 11:15

Panostaja’s Lenio investment expands through acquisition as Infomaatti joins the group

Panostaja
Panostaja Q1'26: Jämn grå prestation
Research2026-05-22 07:01
by Olli Vilppo

Panostaja Q1'26: Jämn grå prestation

Panostajas Q1 var sämre än våra förväntningar på bred front och endast Oscar presterade i linje med våra förväntningar.

Panostaja
Regulatory press release2026-05-21 09:00

Panostaja Oyj’s Business Review Q1 January 1, 2026-March 31, 2026

Panostaja
Panostaja Q1'26 förhandskommentar: Värdedrivaren CoreHW:s positionering förväntas bli mer exakt i Japan
Analyst Comment2026-05-19 06:15
by Olli Vilppo

Panostaja Q1'26 förhandskommentar: Värdedrivaren CoreHW:s positionering förväntas bli mer exakt i Japan

Panostaja publicerar sin Q1-verksamhetsöversikt torsdagen den 21 maj. I rapporten kommer vi särskilt att finna intresse i kommersialiseringen av CoreHW:s produktverksamhet, eftersom japanska kunder vid det här skedet av våren borde ha landat i beslut om möjliga utökningar av pilotprojekten.

Panostaja
Regulatory press release2026-04-27 13:15

Panostaja Oyj´s Share-Based Incentive and Commitment Plan

Panostaja
Regulatory press release2026-04-15 15:00

Panostaja Oyj's Annual General Meeting April 15, 2026

Panostaja