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Panostaja

0.28 EUR-1.75 %18.9. klo 12.40
4,221 following

PNA1V

NASDAQ Helsinki

Investment

Financials

Overview
Financials & Estimates
Ownership
Dividend
Short Selling
Investor views
Compare
-1.75 %
-1.41 %
-6.04 %
-13.85 %
-18.37 %
-31.20 %
-53.33 %
-59.30 %
+470.79 %

Panostaja is an investment company. The company acquires and develops small and medium-sized companies with long-term development potential. In addition to growth potential, the companies focus on actively owning and driving strategic changes. The investment portfolio is focused on several industries with the greatest concentration on healthcare and industry across the European market. The company's headquarters are located in Tampere.

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Market cap
14.93M EUR
Turnover
4.77K EUR
P/E (adj.) (26e)
EV/EBIT (adj.) (26e)
P/B (26e)
EV/S (26e)
Dividend yield-% (26e)
Coverage
Recommendation
Reduce
Target price
Updated
27.08.2026
Disclaimer
Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
Low
High
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Forum discussions
In my opinion, the current order of priority for Grano is: Cash flow Net debt reduction EBITDA EBIT and not the other way around. EBIT is important for pricing a future exit, but at the moment, I believe Grano’s value creation is more clearly reflected in debt reduction than in the...
8/27/2026, 7:43 AM
by Tunturisusi
3
The value creation of the current portfolio relies on successful exits rather than current cash flows. What these successful exits require is scaling up the businesses, accelerating ARR growth, and favorable (or above-average) valuation multiples at the time of sale. Regarding CoreHW...
8/27/2026, 7:07 AM
by Arttu Heikura
3
I came across a comment stating that marketing and advertising costs are going to rise next year as demand increases when the betting market opens up and new gaming companies start acquiring ad space. A lot of it relies on digital platforms, of course, but could Granito (Grano) benefit...
9/8/2026, 1:48 PM
by Kanye_Cash
2
Thanks​ I challenge because there is a lot of potential in the portfolio companies. Hopefully they’ll get successful investment exits and through that, the existence of Panostaja’s administrative bureaucracy would feel justified​
8/27/2026, 8:39 AM
by NOKNOK
2
Yes. That is surely next up as operations are streamlined and trimmed. Let’s hope that the tweaking fully translates to the bottom line this time too
8/27/2026, 8:23 AM
by Tunturisusi
2
First of all, thank you for the good challenges; this makes me, as a new analyst at Panostaja, think about things from new perspectives as well. In a more mature phase, yes, but if Lenio is aiming for internationalization and CoreHW is investing in growing its product business, I...
8/27/2026, 8:20 AM
by Arttu Heikura
2
Hardly for free, but it’s not worth expecting too many pennies from it. The buyer is a company with a turnover of a couple of million, and that Solutions hasn’t lately generated more than minimal revenue at a loss.
9/8/2026, 7:46 PM
by Tunturisusi
1
Read more on our forum
Arttu Heikura
Arttu Heikura

Analyst

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
19.11.
2026

Business review Q3'26

Regulatory press release17.09.2026 klo 14.00

Changes in Panostaja Oyj’s Senior Management Team

Panostaja
Regulatory press release26.08.2026 klo 10.30

Panostaja Oyj’s Half Year Financial Report January 1, 2026-June 30, 2026

Panostaja
Regulatory press release02.06.2026 klo 12.15

Panostaja’s Lenio investment expands through acquisition as Infomaatti joins the group

Panostaja

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Regulatory press release21.05.2026 klo 10.00

Panostaja Oyj’s Business Review Q1 January 1, 2026-March 31, 2026

Panostaja
Regulatory press release27.04.2026 klo 14.15

Panostaja Oyj´s Share-Based Incentive and Commitment Plan

Panostaja
Regulatory press release15.04.2026 klo 16.00

Panostaja Oyj's Annual General Meeting April 15, 2026

Panostaja
Regulatory press release01.04.2026 klo 10.30

Panostaja's Portfolio Company Grano has concluded change negotiations

Panostaja
Regulatory press release24.03.2026 klo 14.00

Panostaja Group Annual Report, Remuneration Policy, Remuneration Report and Corporate Governance Statement 2025 published

Panostaja
Regulatory press release12.03.2026 klo 16.30

Panostaja Oyj Managers' Transactions, Korelin

Panostaja
Regulatory press release12.03.2026 klo 16.30

Panostaja Oyj Managers' Transactions, Tukiainen

Panostaja
Regulatory press release12.03.2026 klo 16.30

Panostaja Oyj Managers' Transactions, Tommila

Panostaja
Regulatory press release12.03.2026 klo 16.30

Panostaja Oyj Managers' Transactions, Skyttä

Panostaja
Regulatory press release12.03.2026 klo 16.30

Panostaja Oyj Managers' Transactions, Forss

Panostaja
Regulatory press release12.03.2026 klo 16.30

Panostaja Oyj Managers' Transactions, Pääkkönen

Panostaja
Regulatory press release12.03.2026 klo 16.30

Panostaja Oyj Managers' Transactions, Juusela

Panostaja
Regulatory press release12.03.2026 klo 16.00

Paying Panostaja Oyj Board Members’ Fees in the Form of Shares Held by the Company

Panostaja
Regulatory press release11.03.2026 klo 13.00

Invitation to the Annual General Meeting

Panostaja
Regulatory press release11.03.2026 klo 10.00

Panostaja Oyj’s Financial Statement Bulletin 1.11.2024-31.12.2025

Panostaja
Regulatory press release02.03.2026 klo 10.30

Panostaja's portfolio company Hygga has completed the divestment of its clinic operations

Panostaja
Regulatory press release25.02.2026 klo 13.00

Panostaja's portfolio company Grano initiates change negotiations

Panostaja