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Aallon Group

10.15 EUR

-1.46 %

3,702 following
Corporate customer

AALLON

First North Finland

IT Services

Technology

Overview
Financials & Estimates
Ownership
Investor consensus
Compare
-1.46 %
-3.33 %
-4.69 %
-8.97 %
-9.37 %
+9.85 %
-8.56 %
-8.97 %
+14.39 %

Aallon Group is an accounting firm that offer financial management services, such as bookkeeping and payroll. In addition to traditional accounting office services, the company produces various advisory services related to business operations and taxation, and financial management consulting. In addition, the company does its own application development in digital services and automation of financial administration. The oldest company in the group was founded in 1957.

Read more
Market cap
39.74M EUR
Turnover
11.97K EUR
P/E (adj.) (25e)
EV/EBIT (adj.) (25e)
P/B (25e)
EV/S (25e)
Dividend yield-% (25e)
Coverage
Recommendation
Accumulate
Target price
Updated
02.09.2025
Disclaimer
Atte Riikola
Atte Riikola

Analyst

Latest research

Latest analysis report

Released: 12.08.2025

Latest extensive report

Released: 12.08.2025

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
12.2.
2026

Annual report '25

17.3.
2026

General meeting '26

17.8.
2026

Interim report Q2'26

Risk
Business risk
Valuation risk
Low
High
All
Research
ShowingAll content types
Aallon Group Extensive Report: Profit growth and cash flow from accounting services
Extensive research8/12/2025, 7:26 AM by
Atte Riikola

Aallon Group Extensive Report: Profit growth and cash flow from accounting services

The stock’s valuation (2026e, adj. P/E 10.6x) strikes us as low relative to the company's stable and strong cash-generating business and medium-term earnings growth prospects.

Aallon Group
Analyst Comment10/7/2022, 8:28 AM by
Juha Kinnunen, Frans-Mikael Rostedt

Case: Cost structures and profitability of expert companies

In this review, we examine the cost structures of Nasdaq Helsinki’s expert companies. The group clearly focuses on the IT service sector, but it also includes expert companies from accounting firms to engineers and legal services.

Aallon GroupDigiaEtteplanFondiaGoforeInnofactorLoihdeNetum GroupNixuSiili SolutionsSitowise GroupSolteqSolwersTalenomWitted MegacorpVincit

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Forum discussions
Keronen’s LinkedIn post regarding the topic. That doesn’t sound like a bad idea at all
yesterday
by samamies
15
Regarding these reported employee counts in general: Typically, these report everyone on the company’s payroll, meaning for example employees on parental leave or part-time staff. Therefore, completely direct conclusions regarding the revenue/employee figure cannot be drawn based...
yesterday
by Atte Riikola
15
More acquisitions. Approx. ~1% of Aallon’s revenue. Inderes Aallon Group Oyj:n hankkii Tekodo Oy:n liiketoiminnan - Inderes Tilitoimisto Aallon Group Oyj jatkaa strategiansa mukaista kasvua hankkimalla Oulussa sijaitsevan tilitoimisto Tekodo Oy:n liiketoiminnan.AALLON GROUP OYJ Lehdist...
1/30/2026, 7:39 AM
by N.K
10
After Atte’s message, you probably realized that all eight people are not necessarily full-time resources, so could you tell the rest of us how you concluded they actually are, since you decided to publish the aforementioned calculation anyway? According to the financial statement...
yesterday
by BoomDriver
3
If they already had a branch in Vantaa, they could achieve savings by merging these, but they don’t.
1/28/2026, 3:37 PM
by Kryptoniitti
2
That’s probably the first acquisition in Vantaa. The intention is likely to acquire all the small offices in the area. They’ve had a high pace of acquisitions up until now as well.
1/30/2026, 6:39 AM
by Mamma94
1
Revenue of 198k and five people, they’re not making a profit with that, are they?
1/28/2026, 2:44 PM
by Tilihenkilö
1
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