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Tokmanni Group

7.71 EUR

-0.64 %

13,782 following
Corporate customer

TOKMAN

NASDAQ Helsinki

Retailers

Consumer Goods & Services

Overview
Financials & Estimates
Ownership
Investor consensus
Compare
-0.64 %
+0.26 %
-0.26 %
-13.18 %
-11.02 %
-42.38 %
-36.23 %
-51.69 %
+15.07 %

Tokmanni Group is a variety discount retailer in the Nordics. The group has stores in Finland, Sweden and Denmark under the brand names Tokmanni, Dollarstore, Big Dollar, Click Shoes and Miny. In addition, Tokmanni has online stores. Tokmanni's headquarter and logistics centres are located in Mäntsälä, Finland. Dollarstore is headquartered in Kista, Stockholm with a central warehouse in Örebro. The group own a procurement company located in Shanghai together with a Norwegian discount store chain Europris.

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Market cap
453.88M EUR
Turnover
1.19M EUR
P/E (adj.) (25e)
EV/EBIT (adj.) (25e)
P/B (25e)
EV/S (25e)
Dividend yield-% (25e)
Coverage
Recommendation
Reduce
Target price
Updated
15.12.2025
Disclaimer
Arttu Heikura
Arttu Heikura

Analyst

Latest research

Latest analysis report

Released: 17.11.2025

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
6.3.
2026

Annual report '25

28.4.
2026

General meeting '26

8.5.
2026

Business review Q1'26

Risk
Business risk
Valuation risk
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Research
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Press releases
ShowingAll content types
Regulatory press release1/30/2026, 8:30 AM

Tokmanni Group Oyj: Change in Tokmanni Group's Executive Team: Janne Pihkala appointed Chief Sourcing and Buying Officer

Tokmanni Group
Regulatory press release1/20/2026, 2:30 PM

Tokmanni Group Oyj: Change in Tokmanni Group's Executive Team: Chief Sourcing and Buying Officer Juha Valtonen to pursue new opportunities outside the company

Tokmanni Group
Regulatory press release1/9/2026, 9:30 AM

Tokmanni Group Oyj: Proposal of the Shareholders' Nomination Board for the composition and remuneration of Tokmanni Group's Board of Directors

Tokmanni Group

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Regulatory press release1/2/2026, 9:45 AM

Tokmanni Group Oyj: Tokmanni Group Corporation: Disclosure under chapter 9, section 10 of the securities market act (The Goldman Sachs Group, Inc.)

Tokmanni Group
Analyst Comment1/2/2026, 7:05 AM by
Arttu Heikura

Finnish trade was stagnant in November

November's performance was weaker than the year-to-date (January-November 2-3% y/y) but broadly in line with our expectations.

KeskoTokmanni Group
Regulatory press release12/11/2025, 1:00 PM

Tokmanni Group Oyj: Tokmanni Group Corporation: Disclosure under chapter 9, section 10 of the securities market act (The Goldman Sachs Group, Inc.)

Tokmanni Group
Regulatory press release12/3/2025, 12:15 PM

Tokmanni Group Oyj: Tokmanni Group Corporation: Managers' Transactions - Mika Rautiainen

Tokmanni Group
Regulatory press release12/1/2025, 1:50 PM

Tokmanni Group Oyj: Change in the holding of Tokmanni Group Corporation's own shares

Tokmanni Group
Regulatory press release12/1/2025, 1:45 PM

Tokmanni Group Oyj: Tokmanni Group Corporation: Managers' Transactions - Mika Rautiainen

Tokmanni Group
Analyst Comment12/1/2025, 7:11 AM by
Rauli Juva, Olli Vilppo

Finnish trade grew nicely in October

According to figures reported by PTY, the grocery consumer market relevant to Kesko grew by 4.5% in October, while the target market for Tokmanni, i.e., sales of non-grocery products in department store and hypermarket chains, increased by 5%.

KeskoTokmanni Group
Regulatory press release11/28/2025, 9:00 AM

Tokmanni Group Oyj: Tokmanni Group Corporation: Managers' Transactions - Sompa Capital Oy

Tokmanni Group
Regulatory press release11/27/2025, 8:45 AM

Tokmanni Group Oyj: Tokmanni Group Corporation: Managers' Transactions - Seppo Saastamoinen

Tokmanni Group
Regulatory press release11/27/2025, 8:45 AM

Tokmanni Group Oyj: Tokmanni Group Corporation: Managers' Transactions - Eliisa Saastamoinen

Tokmanni Group
Regulatory press release11/26/2025, 8:15 AM

Tokmanni Group Oyj: Tokmanni Group Corporation: Managers' Transactions - Janne Pihkala

Tokmanni Group
Regulatory press release11/25/2025, 10:00 AM

Tokmanni Group Oyj: Tokmanni Group Corporation files listing application and publishes listing prospectus in respect of its EUR 100 million notes

Tokmanni Group
Regulatory press release11/19/2025, 7:20 AM

Tokmanni Group Oyj: Tokmanni Group Corporation: Managers' Transactions - Tapio Arimo

Tokmanni Group
Regulatory press release11/19/2025, 7:15 AM

Tokmanni Group Oyj: Tokmanni Group Corporation: Managers' Transactions - Timo Heimo

Tokmanni Group
Tokmanni Q3'25: Dollarstore as a big question mark
Research11/17/2025, 2:10 PM by
Olli Vilppo

Tokmanni Q3'25: Dollarstore as a big question mark

Tokmanni's Q3 result weakened due to Dollarstore's poor performance, and the good development in Finland was not enough to compensate for this.

Tokmanni Group
Regulatory press release11/14/2025, 6:15 AM

Tokmanni Group Oyj: Tokmanni Group's financial reporting and Annual General Meeting in 2026

Tokmanni Group
Regulatory press release11/14/2025, 6:00 AM

Tokmanni Group Oyj: Tokmanni Group's Business Review for January-September 2025: A twofold quarter, record result in Tokmanni segment, Dollarstore segment's result declined due to increased expenses

Tokmanni Group
Forum discussions
Indeed, in that video, I tried to explain my train of thought to you investors as openly as possible in advance, so that you know what it would mean for the investment case if a profit warning is avoided or if it materializes. Rarely does a profit warning play such a prominent role...
1/28/2026, 6:42 AM
by Olli Vilppo
26
Ilta-Sanomat – 29 Jan 26 Yllättävä tieto: Saivatko suomalaiset tarpeekseen Kiina-kaupoista? Onko buumin loppu käsillä? Possibly good news for Tokmanni: “Only just under six percent of Finns intend to shift their shopping to Asian discount stores. Meanwhile, the share of those switching...
1/30/2026, 4:18 AM
by Blackparta
16
By the way, I’m looking forward to Inderes’ earnings preview and recommendation. At the end of the year, the message was clear; they were weighing between “add” and “reduce” recommendations, stating, “If that profit warning doesn’t come by the end of the year, then this case is much...
1/27/2026, 8:11 PM
by JuhaR
16
Exactly, meaning that the weakened dollar should provide some benefit to the gross margin. Tokmanni hedges about half of its USD-denominated purchases 6 months ahead, so the impact will come with a slight delay. From what I understand, all Asian imports are purchased in USD. The ...
1/29/2026, 8:52 AM
by Arttu Heikura
14
Europris’s ÖoB concept is showing signs of improvement in Sweden. ÖoB’s Q4 like-for-like growth in local currency was 4% (less than one percent for the full year). Customer numbers were slightly down, so growth has come through an increase in the average spend. According to management...
1/29/2026, 6:34 AM
by Arttu Heikura
10
This is starting to drift a bit into the “personal experience” category. But as I understand it, the change process at Dollarstore has already been going on for a while. Out of curiosity, I went to check the situation at a Dollarstore, and I thought to myself, “what is the logic ...
1/27/2026, 3:32 PM
by KBusiness
9
In terms of operating profit, Dollarstore has always trailed Tokmanni. In 2023, Dollarstore’s profitability was approximately 4%, while for Tokmanni it was around 7%.
1/27/2026, 2:38 PM
by Arttu Heikura
9
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