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Harvia

40.00 EUR

+1.01 %

15,082 following

HARVIA

NASDAQ Helsinki

Home Products

Consumer Goods & Services

Overview
Financials & Estimates
Ownership
Dividend
Investor consensus
Compare
+1.01 %
+12.68 %
+8.11 %
-6.76 %
-2.68 %
-16.75 %
+81.16 %
-17.10 %
+700.00 %

Harvia is a manufacturer of sauna systems. The product range consists of complete solutions that include ready-made sauna and spa systems, as well as electric sauna heaters, wood-burning sauna stoves and related furnishings. In addition, the company manufactures infrared sauna systems. Operations are held on a global level, where the company's products are found through partners. The company was founded in 1950 and has its headquarters in Muurame.

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Market cap
747.77M EUR
Turnover
593.6K EUR
P/E (adj.) (26e)
EV/EBIT (adj.) (26e)
P/B (26e)
EV/S (26e)
Dividend yield-% (26e)
Coverage
Recommendation
Accumulate
Target price
Updated
07.05.2026
Disclaimer
Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
Low
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Press releases
ShowingAll content types

Forum discussions
Target price increases: OP: €38 → €43 (“strong growth will continue in the coming years”), recommendation ACCUMULATE. Danske: €47 → €49 Nordea: €49 → €52
5/8/2026, 12:11 PM
by HH82
55
Matias went through the impacts of the IT reforms in the webcast. I will directly quote a couple of points from the webcast transcript here. Matias: "Now, this is quite a significant piece of work for us, and it will have an impact on our deliveries during Quarter Two. It will include...
5/7/2026, 5:50 PM
by Von Vetelä
51
I can’t say for sure; there might be some residual tails from the Thermasol integration, but other things are perhaps more likely. It’s no secret that Harvia is constantly scouting for new acquisitions. In connection with the Q4 results, the commentary sounded to me like something...
5/8/2026, 6:09 AM
by Rauli_Juva
44
Almanakka has written about Harvia once again Valuation: Harvia is valued at ~16x the next 12-month forward EBIT. In my opinion, this is closer to a buying level than a trimming level. If Harvia weren’t already the largest holding in my portfolio, I would certainly be adding at prices...
5/15/2026, 11:32 AM
by Sijoittaja-alokas
41
An interview with the well-spoken CEO, Järnefelt. Harvia Q1’26: The year began with record-breaking heat Harvia’s revenue rose to a record level driven by strong organic growth, and the gross margin remained high. Particularly positive was the broad-based nature of the growth across...
5/7/2026, 12:09 PM
40
The sauna folk of the North are starting to wake up from their hibernation and the US continues to roll forward excellently; this is a joy to own. It would be interesting to hear how the revenue is distributed between the APAC & MEA countries—which Asian countries are seen as having...
5/7/2026, 10:06 AM
by Löylykauha
38
Yeah, after Friday’s share price drop, the gap to the target prices just keeps growing… Rauli remains on a cautious stance…
5/10/2026, 9:34 AM
by Kunhalvallasaa
12
Read more on our forum
Rauli Juva
Rauli Juva

Analyst

Latest research

Latest analysis report

Released: 08.05.2026

Latest extensive report

Released: 08.10.2025

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
6.8.
2026

Interim report Q2'26

16.10.
2026

Half year dividend

29.10.
2026

Interim report Q3'26

Regulatory press releaseyesterday

Harvia Plc: Managers' transactions - Castrén

Harvia
Regulatory press releaseyesterday

Harvia Plc: Managers' transactions - Richter

Harvia
Regulatory press releaseyesterday

Harvia Plc: Managers' transactions - Liitola

Harvia

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Regulatory press releaseyesterday

Harvia Plc: Managers' transactions - Holmén

Harvia
Regulatory press releaseyesterday

Harvia Plc: Managers' transactions - Von Stackelberg-Hammarén

Harvia
Regulatory press releaseyesterday

Harvia Plc: Managers' transactions - Korhonen

Harvia
Regulatory press release5/29/2026, 6:00 AM

CHANGES IN HARVIA PLC’S OWN SHARES

Harvia
Harvia's markets and market shares are growing
Analyst Comment5/27/2026, 6:11 AM by
Rauli Juva

Harvia's markets and market shares are growing

We believe Harvia's target markets will continue to grow in the coming years, and the company will be able to continue gaining market share.

Harvia
Harvia Q1'26: A strong start to the year9:07
Video5/22/2026, 8:33 AM by
Rauli Juva, Pia Maljanen

Harvia Q1'26: A strong start to the year

Harvia's Q1 earnings exceeded our estimates, but the estimate changes for the full year remained small.

Harvia
Harvia Q1'26: Strong start to the year, temporary weakness in Q2
Research5/8/2026, 5:59 AM by
Rauli Juva

Harvia Q1'26: Strong start to the year, temporary weakness in Q2

We expect Harvia to continue its strong earnings growth and value creation in the coming years, which offers a good expected return.

Harvia
Harvia Plc, Webcast, Q1'26
Webcast5/7/2026, 8:00 AM

Harvia Plc, Webcast, Q1'26

Harvia
Regulatory press release5/7/2026, 6:00 AM

Harvia’s Interim report 1 January – 31 March 2026

Harvia
Harvia Q1'26 preview: We expect earnings to fall from the strong comparison period
Analyst Comment5/5/2026, 5:43 AM by
Rauli Juva

Harvia Q1'26 preview: We expect earnings to fall from the strong comparison period

We forecast adjusted EBIT to decrease to 11.4 MEUR, mainly due to a strong comparison period.

Harvia
Press release4/30/2026, 10:00 AM

Harvia will publish its Interim Report for January−March 2026 on Thursday, 7 May 2026 at around 9:00 a.m. EEST

Harvia
Regulatory press release4/15/2026, 12:00 PM

Decisions of the Organisational Meeting of Harvia Plc’s Board of Directors on 15 April 2026

Harvia
Regulatory press release4/15/2026, 11:00 AM

Resolutions of Harvia Plc’s Annual General Meeting on 15 April 2026

Harvia
Harvia: Still against strong comparables in Q1
Research4/14/2026, 7:00 AM by
Rauli Juva

Harvia: Still against strong comparables in Q1

We do not expect the war in Iran to have a significant impact on Harvia.

Harvia
Regulatory press release4/2/2026, 10:00 AM

The Board of Directors of Harvia Plc have decided on a new performance period for the Long-term Performance Share Plan for the key employees

Harvia
Regulatory press release3/25/2026, 2:00 PM

Harvia Plc: Managers' transactions - Anssi Pelkonen

Harvia
Regulatory press release3/25/2026, 2:00 PM

Harvia Plc: Managers' transactions - Markus Wörmanseder

Harvia