contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Analyst

Erkki Vesola

Componenta is a manufacturing company. The company is a supplier of casting solutions that are further used in a number of industrial vehicles, mainly trucks and larger machines. In addition to the main business, related engineering services are offered. Customers are found on a global level, mainly around the European market. The head office is located in Vantaa.

Tommi has written a new company report on Componenta  Componenta’s financial statements release published on Friday was overall better than our expectations, as all main line items exceeded our forecasts. Contrary to our expectations, the company did not distribute a dividend, which we consider a justified move given the growth outlook and the company’s balance sheet position. The outlook for the 2026 financial year indicated growth in both revenue and operating profit, in line with our prior expectations. Forecast changes remained fine-tuning after the report, but the risks associated with our brisk growth expectations decreased. With growth, the upside potential in valuation multiples makes the risk-reward ratio attractive in our estimation. Quote from the report: Order book grew rapidly and organically The order book developed slightly better than our expectations and grew by 12% to EUR 19.6 million (forecast EUR 18.3 million). Componenta reports its order book for the next 2 months, so the metric provides accurate insight into the outlook for the next quarter, but it does not offer visibility into longer-term development. With the 12% growth in the order book, Componenta can start Q1’26 at the growth pace we forecasted. This mitigates the risk related to our forecast, as we previously expected revenue to accelerate towards the end of the financial year                   Inderes              Componenta Q4'25: Kasvu-ura pitää - Inderes    Componentan perjantaina julkaisema tilinpäätöstiedote oli kokonaisuudessaan odotuksiamme parempi kaikkien päärivien ylitettyä ennusteemme.

Amidst all the AI hype, it is indeed a rare pleasure to own a good old foundry company whose business is performing excellently from one quarter to the next. The breadth of customer segments brings stability, and the excellent execution of the strategy is clearly visible. To be honest, I was a bit nervous about how the profitability of the operations acquired from Fortaco would be turned around, especially since history has been a burden when it comes to acquisitions, but apparently, this too has crossed the finish line. Sivuranta also exudes confidence and competence from one webinar to another. I look forward to seeing how the funds saved from profit distribution will be put to work in practice. Full steam ahead!

Here are the quick comments from Tommi on the Q4 results.  Componenta released its Q4’25 report this morning. Revenue, which was higher than our expectations, also drove EBITDA above our forecast level. In addition, the development of the order book was slightly more upbeat than we expected, while the outlook provided by the company for the 2026 financial year was in line with our estimates. Componenta does not intend to pay a dividend for the 2025 financial year, which we consider a justified decision. Overall, the report was better than we expected. We expect operating profit to continue growing in the 2026 financial year, though following the positive report, forecast changes may nevertheless remain minor.                   Inderes              Componenta Q4'25 -pikakommentti: Käännevuosi sai arvoisensa sinetin - Inderes    Odotuksiamme korkeampi liikevaihto siivitti myös käyttökatteen ennustettamme korkeammalle tasolle.

Inderes              Componenta Q4'25 -tuloslive pe 6.3. klo 7:55 - Inderes    Aika: 06.03.2026 klo 07.55 Analyytikko Tommi Saarinen käy läpi Componenta Q4-tulosta livessä perjantaina 6.3. klo 7:55 alkaen.                             Live results session for Compo, let’s put this here on the forum side as well.  January–December 2025 Net sales were EUR 115.7 million (EUR 97.1 million)  EBITDA was EUR 9.7 million (EUR 7.9 million*)  Adjusted EBITDA was EUR 9.7 million (EUR 4.9 million)  Operating profit (EBIT) was EUR 4.3 million (EUR 2.6 million*)  Adjusted operating profit (EBIT) was EUR 4.3 million (-EUR 0.4 million*)  Cash flow from operating activities was EUR 7.3 million (EUR 8.2 million). October–December 2025 Net sales were EUR 31.2 million (EUR 26.9 million)  EBITDA was EUR 2.8 million (EUR 4.7 million*)  Adjusted EBITDA was EUR 2.8 million (EUR 1.8 million)  Operating profit (EBIT) was EUR 1.4 million (EUR 3.5 million*)  Adjusted operating profit (EBIT) was EUR 1.4 million (EUR 0.6 million*)  Cash flow from operating activities was EUR 7.7 million (EUR 7.2 million). No dividend, but… “The company has investment and development projects related to the Group’s growth strategy planned and underway, which is why the Board considers that retaining profits in the company best supports the implementation of the strategy and long-term value creation for shareholders.”  The global turmoil is showing up unpleasantly at the gas pumps and fertilizer prices are putting a damper on investments in the agricultural sector.

Here is a company preview report from Tommi, as Componenta reports its results on Friday, March 6th.  We expect Q4’25 revenue and operating profit adjusted for large one-off items to have improved, which would seal the significant turnaround in earnings levels achieved during the past financial year. We expect the company to guide for growth in revenue and EBITDA, but we slightly lowered our forecasts as the agricultural machinery market continues to develop more weakly than we expected. The lower forecasts combined with a slight rise in the share price turn the risk-reward ratio less attractive than before. Reflecting this, we reiterate our target price of EUR 4.7, but lower our recommendation to Reduce (prev. Accumulate).                   Inderes              Componenta Q4'25 -ennakko: Odotamme positiivista sinettiä käännevuodelle -...    Odotamme Q4’25:n liikevaihdon sekä kookkaista kertaeristä oikaistun liikevoiton parantuneen, mikä sinetöisi päättyneellä tilikaudella saavutetun merkittävän käänteen tulostasossa.

Here are Tomppa’s comments on Componenta recognizing a deferred tax asset of approximately EUR 5.7 million in its 2025 financial statements.  Componenta announced on Wednesday that it will recognize a total deferred tax asset of approximately EUR 5.7 million in its 2025 financial statements. The entry has a significant one-off positive impact on the reported result for the financial year, but it does not affect the company’s cash flow or operating result in the current financial year. The tax asset is larger in magnitude than our assumption of the tax benefit from confirmed losses in the coming years, and we will review our tax assumptions in connection with the next update. We will add the one-off item to our forecasts in connection with the earnings preview.                   Inderes              Componentan tiedottama kertaerä vihjaa odotuksiamme suuremmista verohyödyistä...    Noin 5,7 miljoonan euron verosaamisen kirjaus vihjaa odotuksiamme suurempiin verohyötyihin lähivuosina.

Yeah, it’s quiet. One thing that caught my eye in that release: “..the recognition is based on the recognition criteria in accordance with IFRS standards and the company’s assessment of future taxable profits. The assessment is supported by the group’s improved operational performance, favorable development in profitability, and a strengthened balance sheet and financial position.” Sounds pretty good indeed.

Componenta

On Monday, Componenta issued its second profit warning for 2023 within three months. However, we did not consider the warning very dramatic and the reasons are largely non-recurring. In addition, a positive indication was given for the demand outlook for 2024. Our forecast cuts for 2024 and 2025 are minor and the stock's valuation has fallen to very attractive levels.

<p>On Monday, Componenta issued its second profit warning for 2023 within three months. However, we did not consider the warning very dramatic and the reasons are largely non-recurring. In addition, a positive indication was given for the demand outlook for 2024. Our forecast cuts for 2024 and 2025 are minor and the stock's valuation has fallen to very attractive levels. </p> 

	2022	23e	24e
Revenue	109.1	101.0	107.0
growth-%	25.0 %	-7.4 %	6.0 %
EBIT (adj.)	1.8	-0.6	2.5
EBIT-% (adj.)	1.6 %	-0.6 %	2.3 %
EPS (adj.)	0.03	-0.28	0.10
Dividend	0.00	0.00	0.05
Dividend %			1.1 %
P/E (adj.)	90.5	neg.	46.6
EV/EBITDA	3.9	9.5	5.8

Componenta: Over the pit onto firm ground

Key Estimate Figures2024-01-15

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