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Incap

8.71 EUR

-0.57 %

6,364 following

ICP1V

NASDAQ Helsinki

Electrical Equipment

Industrials

Overview
Financials & Estimates
Ownership
Dividend
Investor consensus
Compare
-0.57 %
-3.97 %
-8.03 %
-11.30 %
-11.57 %
-19.94 %
-8.32 %
+22.16 %
-80.47 %

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
256.49M EUR
Turnover
413.4K 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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Forum discussions
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
I’m pondering whether Incap is cheap or “cheap” The company has a strong order backlog and, if I’ve understood various comments correctly, there is and will continue to be plenty of demand—most likely. Looking ahead, it is also promising that the company has stated it hasn’t lost...
6/20/2026, 8:42 AM
by Sijoittaja-alokas
28
Hi! Good reflections @Sijoittaja-alokas In my opinion, Incap is cheap. I currently own 4,350 shares, and it has been a long few years waiting for a return to prices above 20 euros, and it will probably take a little while longer. This is one of those stocks where if we finally get...
6/20/2026, 3:18 PM
by Belfastinbingviini
20
Here are Viljakainen’s comments from the site visit to Incap’s facility in Karlsfeld, Germany. Yesterday, we visited Incap’s factory in Karlsfeld, Germany. The Karlsfeld facility became part of Incap through the Lacon acquisition completed in February. The company announced yesterday...
6/9/2026, 5:26 AM
by Sijoittaja-alokas
20
https://incapcorp.com/fi/mfn_news/incap-slovakia-liittyi-slovakian-turvallisuus-ja-puolustusteollisuusjarjestoon/
5/28/2026, 6:22 PM
by Belfastinbingviini
12
Here are Antti’s comments regarding how the Pennsylvania factory has been closed since Monday due to a storm. Inderes – 10 Jun 26 Myrskystä johtuneella USA:n tehtaan väliaikaisella sululla ei ole merkittäviä... Incapin arvion mukaan tilapäisellä sulkemisella ei ole tällä hetkellä...
6/10/2026, 5:07 AM
by Sijoittaja-alokas
8
Significant additions among the top 20 names, although there were some individual trimmings (additions outweighed them, however). Interesting entirely new names on the long list (top 100): Acadian Asset Management +72,156 shares Laakkosen Arvopaperi Oy +50,000 shares (additionally...
5 hours ago
by yellowbeak
7
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

Visiting Incap’s factory in Germany, interview with CEO Otto Pukk10:57
Video25.06.2026 klo 15.28 by
Antti Viljakainen

Visiting Incap’s factory in Germany, interview with CEO Otto Pukk

We visited Incap’s factory in Karlsfeld, Germany. CEO Otto Pukk interviewed by analyst Antti Viljakainen.

Incap
Press release22.06.2026 klo 09.00

Save the date: Incap’s Capital Markets Day on 17 November 2026

Incap
Press release17.06.2026 klo 12.45

Adam Ryder appointed as Managing Director of Incap UK

Incap

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Press release10.06.2026 klo 15.45

Incap’s US factory resumes production after power outage

Incap
Regulatory press release10.06.2026 klo 09.00

Changes in Incap’s Management Team: Incap updates its leadership model to support its growth strategy

Incap
The temporary shutdown of the US factory due to the storm has no significant financial impact on Incap
Analyst Comment10.06.2026 klo 09.18 by
Antti Viljakainen

The temporary shutdown of the US factory due to the storm has no significant financial impact on Incap

Incap estimates that the temporary shutdown currently has no significant financial impact on the company.

Incap
Press release09.06.2026 klo 12.30

Incap’s US factory in Pennsylvania closed due to power outage following severe storms

Incap
We visited Incap's factory in Karlsfeld, Germany
Analyst Comment09.06.2026 klo 09.42 by
Antti Viljakainen

We visited Incap's factory in Karlsfeld, Germany

The Karlsfeld factory became part of Incap in the Lacon acquisition, which was completed in February.

Incap
Press release01.06.2026 klo 09.00

Incap India receives Leading Importer award from Central Warehousing Corporation

Incap
Press release28.05.2026 klo 13.00

Incap Slovakia joins Slovak Security and Defence Industry Association

Incap
Regulatory press release26.05.2026 klo 18.15

Incap Corporation: Managers' Transactions – Ralf Hasler

Incap
Regulatory press release20.05.2026 klo 16.30

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

Incap
Press release12.05.2026 klo 09.00

Incap India invests in testing and SMT upgrades to scale production

Incap
Third party research04.05.2026 klo 08.10

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
Research04.05.2026 klo 09.46 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 research30.04.2026 klo 11.44

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 release30.04.2026 klo 09.15

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

Incap
Third party research27.04.2026 klo 08.14

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 release22.04.2026 klo 19.00

Incap Corporation: Notice to convene Annual General Meeting

Incap
Press release20.04.2026 klo 10.00

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

Incap