KH Group

0.548 EUR

-0.72 %

7,804 following

KHG

NASDAQ Helsinki

Conglomerates

Industrials

Overview

Financials & Estimates

-0.72%

+8.3%

+1.86%

+3.01%

-8.67%

-35.07%

-64.83%

-41.83%

-93.9%

Sievi Capital is now a conglomerate with a new name KH Group. Our medium-term objective is to become an industrial group built around the business of KH-Koneet Group. KH Group’s share is listed on Nasdaq Helsinki.

Market cap

31.83M EUR

Turnover

4.22K EUR

P/E (adj.) (25e)

74.39

EV/EBIT (adj.) (25e)

25.14

P/B (25e)

0.63

EV/S (25e)

0.9

Dividend yield-% (25e)

Coverage

Recommendation

Accumulate

Target price

0.65 EUR

Updated

2025-03-24

Disclaimer

Thomas Westerholm

Analyst

Latest research

Latest analysis report

Released: 2025-03-24

Latest extensive report

Released: 2024-03-11

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar

6/5

2025

Interim report Q1'25

6/5

2025

General meeting '25

15/8

2025

Interim report Q2'25

Risk

Business risk

Valuation risk

Low

High

All

Research

Webcasts

Press releases

ShowingAll content types

Regulatory press releaseyesterday

Updated Proposal of KH Group Plc’s Shareholders’ Nomination Board on the Composition of KH Group’s Board of Directorsp Plc:

KH Group

Researchyesterday by

Thomas Westerholm

KH Group Q4'24: Divestments are approaching

KH Group’s Q4 followed a familiar formula: KH-Koneet and NRG performed well, considering the circumstances, but Indoor Group’s situation deteriorated further. In connection with initiating Indoor’s sales process, KH Group wrote down in full Indoor’s equity and capital loans granted to the company.

KH Group

Webcast3/21/2025, 11:00 AM

KH Group, Webcast, Q4'24

KH Group

Join Inderes community

Don't miss out - create an account and get all the possible benefits

Inderes account

Followings and notifications on followed companies

Analyst comments and recommendations

Stock comparison tool & other popular tools

Create account

Regulatory press release3/21/2025, 6:00 AM

KH Group Plc’s Financial Statements Release for 1 January – 31 December 2024: Net sales increased – profitability declined; Sale process for Indoor Group initiated

KH Group

Research3/17/2025, 8:32 AM by

Thomas Westerholm

KH Group: Quality differences are highlighted

Based on KH Group's preliminary data, Indoor Group's Q4 figures were weaker than we expected, but other businesses performed convincingly despite a challenging business environment.

KH Group

Regulatory press release3/13/2025, 8:00 PM

Insider information: KH Group has initiated a sale process for Indoor Group and publishes preliminary results for 2024

KH Group

Regulatory press release1/31/2025, 2:45 PM

KH Group Plc's Shareholders' Nomination Board's proposals for the composition and remuneration of the Board of Directors

KH Group

Press release1/15/2025, 11:00 AM

Indoor Group continues efficiency measures to improve profitability. In connection with this, CEO Lauri Veijalainen will leave the company.

KH Group

Analyst Comment12/5/2024, 7:15 AM by

Thomas Westerholm

Change negotiations for KH Group subsidiary Indoor Group concluded

The change negotiations are part of the company's operating model reform, which is expected to deliver at least 10 MEUR of annual EBIT improvement by the end of 2026.

KH Group

Press release12/4/2024, 6:50 AM

KH Group: Indoor Group’s change negotiations have been concluded — the new operating model will be rolled out across the country

KH Group

Research11/4/2024, 10:56 AM by

Thomas Westerholm

KH Group Q3'24: Profitability held its own

The Q3 profitability of KH Group’s largest subsidiaries held their own better than we expected, but NRG’s convincing turnaround took a break due to weak earnings development. Overall, forecast changes were minor in connection with the report.

KH Group

Regulatory press release11/4/2024, 9:30 AM

KH Group’s financial information and Annual General Meeting in 2025

KH Group

Regulatory press release11/1/2024, 6:00 AM

KH Group Plc’s Business Review January–September 2024: Moderate profitability in a demanding market

KH Group

Press release10/10/2024, 10:00 AM

KH Group: The reform of Indoor Group’s operating model is moving forward — the company will commence change negotiations

KH Group

Regulatory press release10/3/2024, 1:30 PM

Composition of KH Group Plc’s Shareholders’ Nomination Board

KH Group

Regulatory press release8/21/2024, 1:30 PM

KH Group Plc: Flagging notification in accordance with Chapter 9 Section 5 of the Finnish Securities Markets Act: Mikko Laakkonen’s holding in KH Group has crossed the threshold of 10 %, direct and indirect holding 15.04 % in total

KH Group

Research8/19/2024, 11:16 AM by

Thomas Westerholm

KH Group Q2'24: Challenges during the review period limited to Indoor

After a severe profit warning, KH Group’s Q2 report was a relief, as it confirmed that the deteriorating performance was solely due to the extremely poor performance of the Group’s source of grief, Indoor Group.

KH Group

Regulatory press release8/16/2024, 5:00 AM

KH Group Plc’s Half-Year-Report 1 January–30 June 2024: Progress in line with strategy; business performance mainly positive

KH Group

Regulatory press release8/15/2024, 7:00 PM

Inside information: KH Group’s group company Indoor Group launches an operating model reform programme aimed at improving profitability

KH Group

Research8/12/2024, 1:30 PM by

Thomas Westerholm

KH Group Q2'24 preview: The value melts as Indoor sputters

On Friday, KH Group revised its guidance for the current year for a second time, referring to Indoor’s poor performance and sending a message about really weak Q2 figures. We cut our estimates especially for indoor Group, but also slightly for KH-Koneet.

KH Group