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Tulikivi

0.452

 

EUR

 

-1.74 %

4,152 following

TULAV

NASDAQ Helsinki

Home Products

Consumer Goods & Services

Overview
Financials & Estimates
Investor consensus

Tulikivi is a manufacturer of wood burning stoves. The product range is wide and the ovens are made of soapstone. In addition to the main business, sauna heaters adapted for both electric saunas and wood-fired saunas are also offered, as well as furnishing stones for kitchens, bathrooms, and saunas. The largest operations are in the Nordic region, where the products are sold through external resellers.

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Market cap
27.06M EUR
Turnover
10.87K EUR
P/E (adj.) (25e)
23.81
EV/EBIT (adj.) (25e)
15.56
P/B (25e)
1.4
EV/S (25e)
1.05
Dividend yield-% (25e)
3.08 %
Coverage
Recommendation
Sell
Target price
0.42 EUR
Updated
2025-05-12
Disclaimer
Thomas Westerholm
Thomas Westerholm

Analyst

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
15/8
2025

Interim report Q2'25

7/11
2025

Interim report Q3'25

Risk
Business risk
Valuation risk
Low
High
All
Research
Webcasts
Press releases
ShowingAll content types
What to look for in a Consumer Goods Company? | Consumer Goods Night June 9, 2025
Video6/9/2025, 1:00 PM

What to look for in a Consumer Goods Company? | Consumer Goods Night June 9, 2025

The operating environment has been challenging for Consumer Goods Companies.

MarimekkoOrthexTulikiviRapala VMCFiskarsNokian TyresOlviFifaxNokian PanimoAtriaHKFoodsApetitRaisioSolar FoodsFodeliaAnora Group
Regulatory press release5/23/2025, 3:00 PM

Tulikivi Corporation - Managers' Transactions: Jaakko Aspara

Tulikivi
Regulatory press release5/9/2025, 10:00 AM

Tulikivi Corporation Interim report 1–3/2025: Difficult operating environment, increasing order flow

Tulikivi

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Press release5/9/2025, 7:30 AM

Environmental permit application for the Suomussalmi talc project submitted to the Regional State Administrative Agency of Northern Finland

Tulikivi
Regulatory press release4/24/2025, 11:00 AM

RESOLUTIONS OF THE ANNUAL GENERAL MEETING OF TULIKIVI CORPORATION

Tulikivi
Regulatory press release3/28/2025, 11:00 AM

Tulikivi Corporation’s annual report for 2024 has been published

Tulikivi
Regulatory press release3/27/2025, 11:00 AM

NOTICE TO THE ANNUAL GENERAL MEETING OF TULIKIVI CORPORATION 2025

Tulikivi
Regulatory press release3/7/2025, 11:00 AM

Tulikivi Corporation financial statements release 1–12/2024: Stronger balance sheet position, equity ratio 51.9%

Tulikivi
Regulatory press release2/7/2025, 2:00 PM

Notification in accordance with Chapter 9, section 5, of the Securities Markets Act

Tulikivi
Regulatory press release1/2/2025, 5:00 PM

Notification in accordance with Chapter 9, section 5, of the Securities Markets Act

Tulikivi
Press release11/25/2024, 11:37 AM

Analyst Group: Analyst Group Interview Tulikivi's CEO Heikki Vauhkonen

Tulikivi
Regulatory press release11/14/2024, 11:00 AM

Tulikivi Corporation financial reporting in 2025

Tulikivi
Regulatory press release11/13/2024, 7:00 AM

Tulikivi Corporation - Managers' Transactions: NENAN Invest Oy

Tulikivi
Regulatory press release11/1/2024, 11:00 AM

Tulikivi Corporation interim report 1–9/2024: Strategic projects made good progress

Tulikivi
Regulatory press release10/21/2024, 6:00 AM

Tulikivi Corporation has appointed Mikko Kuoppa as the head of the sauna business and a member of the company's management team

Tulikivi
Regulatory press release10/16/2024, 8:00 PM

Tulikivi is revising downward and focusing its guidance for 2024: Net sales are expected to be EUR 33 to 37 million and comparable operating profit is expected to be approximately EUR 2 to 3 million

Tulikivi
Regulatory press release8/16/2024, 10:00 AM

Tulikivi Corporation half year financial report 1–6/2024: Key projects progressing well

Tulikivi
Press release6/28/2024, 10:00 AM

The EIA report of the Suomussalmi talc project submitted to ELY center

Tulikivi
Consumer Goods Companies as Investments | Consumer Goods Night June 11, 2024
Webcast6/11/2024, 1:00 PM by
Thomas Westerholm

Consumer Goods Companies as Investments | Consumer Goods Night June 11, 2024

Thomas Westerholm, Analyst, talks about Consumer Goods Companies as Investments.

OrthexRapala VMCMarimekkoFiskarsNokian TyresHarviaTulikivi
Regulatory press release5/8/2024, 7:00 AM

Tulikivi Corporation – Managers’ Transactions: Heikki Vauhkonen

Tulikivi
Forum discussions
Hej alla, jag följer Tulikivi som analytiker och ifall någon har frågor angående bolaget svarar jag gärna. Tulikivi är marknadsledare inom värme lagrande brasugnar. Bolaget konkurrerar bland annat med NIBEs Stoves segment. Vid sidan av brasugnar tillverkar bolaget också bastuaggregat...
9/5/2023, 6:30 PM
by Thomas Westerholm
6
This fits perfectly here! Inderes — Connecting Investors and Companies Strong demand has invigorated profitability levels on the fireplace market 2022 was a challenging year for many consumer product companies due to consumers’ weakened purchasing power and extremely low consumer...
9/22/2023, 5:52 AM
by börsen84
3
Yes! With all the regulatory changes and the massive demand boom driven by the energy crisis I figured investors could find an overview of the fireplace market interesting. I wrote this with the Finnish market in mind, but I hope even NIBE investors find the article useful!
9/23/2023, 8:58 AM
by Thomas Westerholm
2
På lång sikt ser jag definitivt Europas mål att minska sitt beroende av rysk naturgas som en positiv drivare. Detta kommer nog att leda till investeringar i energieffektivitet, vilket borde stöda efterfrågan för bland annat värmepumpar, isolering, solpaneler och brasugnar. Ifall ...
9/6/2023, 6:30 AM
by Thomas Westerholm
2
Tack för det utmärkta meddelandet! Det verkar som att Tysklands Bim SchV-reglering kan hjälpa företaget på kort sikt. Vilka faktorer stöder företaget på lång sikt förutom det som nämnts tidigare? I det här företaget är det utmanande för mig att bedöma hur de kommer att klara sig ...
9/6/2023, 4:44 AM
by börsen84
2
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