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Incap

9.11 EUR

-4.51 %

6,356 following

ICP1V

NASDAQ Helsinki

Electrical Equipment

Industrials

Overview
Financials & Estimates
Ownership
Dividend
Investor consensus
Compare
-4.51 %
-3.70 %
-12.91 %
-7.23 %
-8.63 %
-17.33 %
-9.80 %
+14.16 %
-79.57 %

Incap operates in the industrial sector. The company supplies equipment and services for industrial players, where the range includes PCB assembly, system integration, box building integration, design validation, and inspection methods. The largest operations are found in the Nordic, Baltic and Asian regions. The company was originally established in 1985 and is headquartered in Helsinki.

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Market cap
268.27M EUR
Turnover
360.16K EUR
P/E (adj.) (26e)
EV/EBIT (adj.) (26e)
P/B (26e)
EV/S (26e)
Dividend yield-% (26e)
Coverage
Recommendation
Accumulate
Target price
Updated
03.05.2026
Disclaimer
Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
Low
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ShowingAll content types

Forum discussions
Hello Everyone here at Incap forum! And thank you for your excellent questions during the Q1 Webcast! Please find below summary of the Q&A: Q: How much of the delayed Q1 revenue will be delivered in Q2, and how confident are you that the component availability is improving? A: We...
5/4/2026, 5:29 PM
by Antti Pynnönen
60
Ralf Hasler, Director of Germany and Romania operations, has put his money where his mouth is to the tune of nearly 50,000 euros. Transaction details (1): Volume: 5000 Unit price: 9.45 EUR Inderes Incap Oyj: Johdon liiketoimet – Ralf Hasler - Inderes Incap Oyj | Pörssitiedote | 26...
5/26/2026, 5:40 PM
by Ituhippinen
39
No more flame emojis! So much better! Thank you Incap
5/7/2026, 9:22 AM
by Belfastinbingviini
37
Inderes Incap Intia investoi testaukseen ja uuteen SMT-linjaan tuotannon... Incap Oyj | Lehdistötiedote | 12.05.2026 klo 09:00:00 EESTIncap Intia on ottanut käyttöön uuden flying probe -testausjärjestelmän sekä päivitetyn SMT-tuotantolinjan (Surface-Mount Technology...
5/12/2026, 8:52 AM
by Jamppa
20
Viljakainen has completed the Incap update following the Q1 results. Incap’s Q1 was weak in terms of earnings and clearly below expectations, particularly due to revenue falling short. However, the company reiterated its guidance, and comments regarding the development of the order...
5/4/2026, 5:24 AM
by Sijoittaja-alokas
15
Exactly. The largest customer’s revenue actually grew last year. Not much, of course, but it grew nonetheless (whereas the entire company’s revenue declined). On a pro-forma revenue basis, the largest customer’s share is likely in the 30% range. Everyone can price any potential additional...
4/30/2026, 1:17 PM
by Antti Viljakainen
15
https://incapcorp.com/fi/mfn_news/incap-slovakia-liittyi-slovakian-turvallisuus-ja-puolustusteollisuusjarjestoon/
5/28/2026, 6:22 PM
by Belfastinbingviini
10
Read more on our forum
Antti Viljakainen
Antti Viljakainen

Head of Research

Latest research

Latest analysis report

Released: 04.05.2026

Latest extensive report

Released: 23.06.2025

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
30.7.
2026

Interim report Q2'26

29.10.
2026

Interim report Q3'26

Press release6/1/2026, 6:00 AM

Incap India receives Leading Importer award from Central Warehousing Corporation

Incap
Press release5/28/2026, 10:00 AM

Incap Slovakia joins Slovak Security and Defence Industry Association

Incap
Regulatory press release5/26/2026, 3:15 PM

Incap Corporation: Managers' Transactions – Ralf Hasler

Incap

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Regulatory press release5/20/2026, 1:30 PM

Incap Corporation: Resolutions of Annual General Meeting and the constitutive meeting of the Board of Directors

Incap
Press release5/12/2026, 6:00 AM

Incap India invests in testing and SMT upgrades to scale production

Incap
Third party research5/4/2026, 5:10 AM

Incap: Risks related to revenue volatility have not abated - Nordea

We expected positive organic revenue growth for Q1, but organic growth was flat. A weaker-than-expected EBITA margin also indicates an unfavourable sales mix in the quarter. Moreover, the integration of Lacon in February could have affected profitability...

Incap
Incap Q1'26: Plenty of catching up after Q1
Research5/4/2026, 6:46 AM by
Antti Viljakainen

Incap Q1'26: Plenty of catching up after Q1

Incap's Q1 figures we weak and clearly worse than expected, especially due to lower-than-anticipated revenue. However, the company reiterated its guidance, and comments on order book development were exceptionally positive.

Incap
Third party research4/30/2026, 8:44 AM

Incap: A weak start of the year, but full year guidance is unchanged - Nordea

Profitability (adj. EBITA margin) was weaker than we expected in Q1. Organic growth was flat in Q1, one reason being component availability problems. But no major problems in logistics or in transportation. Some orders were postponed from Q1 to Q2 but...

Incap
Regulatory press release4/30/2026, 6:15 AM

Incap Corporation: Incap Group’s business review for January–March 2026 (unaudited)

Incap
Third party research4/27/2026, 5:14 AM

Incap: Q1 to be coloured by impacts from Lacon - Nordea

Reported growth is set to be very strong for Q1, due to the acquisition of Lacon Group. However, organic growth should also pick up after three negative quarters. Germany has remained a challenging market, but there are some positive signals in the trade...

Incap
Regulatory press release4/22/2026, 4:00 PM

Incap Corporation: Notice to convene Annual General Meeting

Incap
Press release4/20/2026, 7:00 AM

Incap Corporation: Incap Group’s business review for January–March 2026 and webcast on 30 April 2026

Incap
Regulatory press release4/17/2026, 6:15 PM

Incap Corporation: Incap’s Annual and Sustainability Report 2025 published

Incap
Press release4/1/2026, 6:00 AM

Incap Legends returns, bringing gamers together for global esports tournament

Incap
Regulatory press release3/31/2026, 1:00 PM

The Board of Directors of Incap Corporation decided on a new long-term key employee incentive plan for the performance period 2026–2028

Incap
Regulatory press release3/17/2026, 2:30 PM

Change in Incap’s Management Team

Incap
Press release3/2/2026, 8:00 AM

Incap US receives ISO 14001 and ISO 45001 certifications

Incap
Regulatory press release2/27/2026, 7:00 AM

Ralf Hasler appointed as member of Incap Group’s Management Team

Incap
Third party research2/27/2026, 6:25 AM

Incap: Organic growth could return in 2026 - Nordea

Incap's Q4 net sales missed market consensus (LSEG Data & Analytics), but profitability was better than expected. Organic growth was not strong, and revenue growth was -7% y/y in 2025. However, organic growth in 2026 could exceed 10% if the US tariffs...

Incap
Incap Q4'25: Situation developing favorably
Research2/27/2026, 8:05 AM by
Antti Viljakainen

Incap Q4'25: Situation developing favorably

Incap's Q4 report was positive overall due to strong profitability and cash flow.

Incap