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Relais Group

14.90 EUR-1.65 %31/7 17:29
3,889 following

RELAIS

NASDAQ Helsinki

Automobiles

Consumer Goods & Services

Overview
Financials & Estimates
Dividend
Investor consensus
Compare
-1.65 %
-0.33 %
+2.41 %
-13.37 %
-10.78 %
-12.61 %
+15.95 %
-38.17 %
+102.72 %

Relais Group is an importer and wholesaler for the automotive industry. The group focuses mainly on the development of automotive electronic equipment for trucks. Examples of products that the company supplies include lighting products, applications for warning lights, camera systems, and other spare parts for heavy vehicles. The largest operations are found in the Nordic and Baltic markets, with customers in the aftermarket industry.

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Market cap
276.7M EUR
Turnover
8.65K EUR
P/E (adj.) (26e)
10.88
EV/EBIT (adj.) (26e)
11.25
P/B (26e)
2.02
EV/S (26e)
1.17
Dividend yield-% (26e)
2.55 %
Coverage
Recommendation
Buy
Target price
18.00 EUR
Updated
2026-05-13
Disclaimer
Petri Gostowski
Petri Gostowski

Co. Head of Research

Latest research

Latest analysis report

Released: 2026-05-15

Latest extensive report

Released: 2025-06-18

Revenue and EBIT-%
EPS and dividend
Financial calendar
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Business risk
Valuation risk
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Forum discussions
Small-cap quirks: Relais stock value dropped nearly 7 percent today. The reason for the decline, however, isn’t due to any company news (at least as far as I know), but rather because someone dumped 777 shares at a price of 13.50 euros in the final minute of trading. So, a trade ...
7/14/2026, 8:11 PM
by Big Lynx
28
Having had some time to look into Tershine myself this morning, it certainly seems like a good acquisition. Of course, since the purchase price is unknown, it’s hard to state that definitively, but one should probably trust that Relais has followed roughly the same approach as in...
7/29/2026, 6:38 AM
by Jageksi
21
New acquisition: Relais Group Plc: Leading vehicle care brand tershine joins Relais Group Founded in 2017, tershine has built a uniquely strong vehicle care brand in less than a decade. This is evidenced by the fact that the company was the second most influential brand in Sweden...
7/28/2026, 6:11 AM
by Tulokas
21
I agree with Tershine, it seems like a very suitable acquisition target. In my opinion, segment lead Johan Carlos gave a good presentation at the CMD, which specifically delved into this topic of how such a product can have a really strong brand and loyal, passionate customers. Strands...
7/29/2026, 10:23 AM
by JP199
18
Nordea considers the deal positive because, according to them, it takes Relais into a new, fast-growing market. Relais is acquiring 70% of vehicle care company tershine from its founder and entrepreneur who will continue to lead tershine. Closing is expected as of today and Relais...
7/28/2026, 1:27 PM
by Sijoittaja-alokas
17
The previous posters have made some good points in the Auroora vs. Relais comparison. I would also like to bring up the fact that Auroora’s CEO is the third-largest shareholder in the company. CEO Rauhala owns over 5% of the company, meaning he has significant skin in the game. This...
7/29/2026, 1:05 PM
by Tyhjätasku
16
Here are Petri’s comments on Relais’ recent acquisition Relais announced this morning that it is acquiring 70% of the Swedish automotive care products company Tershine AB. The acquisition strengthens Relais’ Products and Solutions business area, and we consider this small bolt-on...
7/28/2026, 7:47 AM
by Sijoittaja-alokas
16
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
13/8
2026

Interim report Q2'26

28/10
2026

Interim report Q3'26

Regulatory press release2026-07-31 11:30

Relais Group Oyj: The Board of Directors of Relais Group has resolved on directed share issues following an acquisition

Relais Group
Third party research2026-07-30 07:06

Relais: Seasonally slower quarter ahead - Nordea

Ahead of Relais' Q2 report, we include the tershine acquisition in our estimates and take a slightly more cautious near-term view on a seasonally slow Q2. We expect solid underlying demand, with 2% y/y organic growth for Q2, while acquisitions in Commercial...

Relais Group
Regulatory press release2026-07-29 12:05

Relais Group Oyj: Share subscriptions with stock options 2023A and 2023B

Relais Group

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Press release2026-07-28 12:02

DNB Carnegie Access: Relais Group: We expect a seasonally soft quarter – Q2 preview

Relais Group
Third party research2026-07-28 08:52

Relais: Expansion of vehicle care offering through acquisition of tershine - Nordea

Relais is acquiring 70% of vehicle care company tershine from its founder and entrepreneur who will continue to lead tershine. Closing is expected as of today and Relais will consolidate tershine from the beginning of August. tershine was founded in ...

Relais Group
Relais makes complementary acquisition in Sweden
Analyst Comment2026-07-28 08:44 by
Petri Gostowski

Relais makes complementary acquisition in Sweden

Relais announced this morning that it will acquire 70% of Tershine AB, a Swedish company selling vehicle care products.

Relais Group
Press release2026-07-28 07:30

Relais Group Oyj: The premium vehicle care brand tershine joins Relais Group

Relais Group
Regulatory press release2026-07-16 17:30

Relais Group Plc - Managers' transactions - Seppänen

Relais Group
Regulatory press release2026-07-16 17:30

Relais Group Plc - Managers' transactions - Ekholm

Relais Group
Regulatory press release2026-07-16 17:30

Relais Group Plc - Managers' transactions - Popov

Relais Group
Regulatory press release2026-07-16 17:30

Relais Group Plc - Managers' transactions - Popov

Relais Group
Regulatory press release2026-07-16 17:30

Relais Group Plc - Managers' transactions - Garcia

Relais Group
Regulatory press release2026-07-16 17:30

Relais Group Plc - Managers' transactions - Carlos

Relais Group
Regulatory press release2026-07-16 17:30

Relais Group Plc - Managers' transactions - Seppänen

Relais Group
Regulatory press release2026-07-16 17:30

Relais Group Plc - Managers' transactions - Carlos

Relais Group
Regulatory press release2026-07-16 17:30

Relais Group Plc - Managers' transactions - Garcia

Relais Group
Regulatory press release2026-07-16 17:30

Relais Group Plc - Managers' transactions - Ekholm

Relais Group
Third party research2026-06-17 09:25

Relais: Director of M&A and Business Development promoted as interim CFO - Nordea

Director of M&A and Business Development, Sebastian Seppänen, has been appointed as interim CFO of Relais. Current CFO, as earlier announced, is leaving no later than October 2026. Mr. Seppänen is well into group financials due to his current role and...

Relais Group
Regulatory press release2026-06-17 07:00

Relais Group Oyj: Sebastian Seppänen appointed as the interim Chief Financial Officer of Relais Group

Relais Group
Regulatory press release2026-06-16 16:35

Relais Group Oyj: Relais Group Plc's Board of Directors decided to establish Board committees

Relais Group