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KPY

3.60 EUR0.00 %9.9. klo 17.57
Less than 1K followers

KPYOSK

First North Finland

Investment

Financials

Overview
Financials & Estimates
Ownership
Dividend
Short Selling
Investor views
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-9.09 %
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-21.91 %

KPY is a Finnish investment company focused on long-term ownership and development of companies in several industries. The company invests primarily in Finnish growth-oriented and mid-cap companies, as well as infrastructure-related assets. Its investment strategy is structured around three areas: infrastructure, private equity and direct balance sheet investments. The company was founded in 1883 and is headquartered in Kuopio.

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Market cap
98.1M EUR
Turnover
21.02K EUR
P/E (adj.) (26e)
EV/EBIT (adj.) (26e)
P/B (26e)
EV/S (26e)
Dividend yield-% (26e)
NAV (Q2)
NAV per share (Q2)
P/NAV
Coverage
Recommendation
Accumulate
Target price
Updated
28.08.2026
Disclaimer
Revenue and EBIT-%
EPS and dividend
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Forum discussions
We weren’t involved in the IPO. But do you mean that this didn’t come across in our initiation of coverage report? In that case, I have indeed failed in my communication. On the front page of the report, I wrote this: At the end of Q1’26, infrastructure accounted for 47% of the group...
8/27/2026, 7:43 PM
by Frans-Mikael Rostedt
20
Here are Frans’s quick comments on the H1 result KPY’s first earnings report after listing was weaker than our expectations, as the result fell short of our forecasts. The fact that the earnings level fell short of expectations was explained by factors such as the weighting of Voimatel...
8/27/2026, 7:24 AM
by Sijoittaja-alokas
7
In connection with the IPO, the term “infrastructure investment” was used for Novapolis, although even back then, in my opinion, that was at best very stretched marketing jargon. Now that the IPO is done, the company and its risks should be described more directly: it is an office...
8/27/2026, 2:30 PM
by mutu_sijoittaja
5
Here is the company report from Frans following KPY’s H1 results KPY’s result for the beginning of the year fell short of our expectations, and the NAV per share decreased. At the heart of the investment thesis is a strategic transformation towards a hybrid of a fund manager and ...
8/28/2026, 6:32 AM
by Sijoittaja-alokas
4
From the Inderes report: “We forecast the interest on equity (osuuskorko) to be 2-3% in the coming years. In our projections, the payout ratio rises to just under 60% relative to the result adjusted for goodwill amortization. Thus, in our estimates, investor returns rely more on ...
7/28/2026, 10:02 AM
by Hodl_the_door
4
I tried to look into Sentica’s fundraising, but didn’t get very far. In the Inderes interview, the CEO practically didn’t answer anything related to Sentica, which in my opinion is a bad sign. When is the first closing of Sentica’s newest fund supposed to happen, and is it possible...
8/28/2026, 1:06 PM
by Nimimerkki
3
KPY is now available for under €4, and it feels like there is no end in sight to the decline. At these prices, the P/B ratio (tasealennus) is around 0.6x (realistically closer to 0.5x, as the balance sheet has likely been inflated somewhat). At what point will the market catch on...
7/22/2026, 9:33 AM
by Camelride
3
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Frans-Mikael Rostedt
Frans-Mikael Rostedt

Analyst

NAVPS and growth-%

NAVPS

NAV per share growth

NAV = Net Asset Value.

EPS and dividend

EPS (adj.)

Dividend %

KPY osk, Yhtiötilaisuus
Webcast02.06.2026 klo 18.00

KPY osk, Yhtiötilaisuus

KPY

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