Copyright © Inderes 2011 - present. All rights reserved.
Log in to your Inderes Free account to see all free content on this page.
Create account

Tokmanni Group

7.23 EUR

+0.14 %

13,812 following
Corporate customer

TOKMAN

NASDAQ Helsinki

Retailers

Consumer Goods & Services

+0.14 %
-12.89 %
-6.47 %
-2.56 %
-24.92 %
-42.85 %
-46.48 %
-61.50 %
+7.91 %

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.

Read more
Market cap
425.62M EUR
Turnover
2.36M EUR
P/E (adj.) (26e)
EV/EBIT (adj.) (26e)
P/B (26e)
EV/S (26e)
Dividend yield-% (26e)
Coverage
Recommendation
Reduce
Target price
Updated
09.03.2026
Disclaimer
Arttu Heikura
Arttu Heikura

Analyst

Latest research

Latest analysis report

Released: 09.03.2026

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
28.4.
2026

General meeting '26

29.4.
2026

Half year dividend

8.5.
2026

Business review Q1'26

Risk
Business risk
Valuation risk
Low
High
ShowingAll content types

Join Inderes community

Don't miss out - create an account and get all the possible benefits

FREE account
Stock market's most popular morning newsletter
Analyst comments and recommendations
Stock comparison tool
PREMIUM account
All company reports and content
Premium tools (e.g. insider transactions & stock screener)
Model portfolio
Create account
Forum discussions
OP highlighted the following from the conference call in their Monday earnings comment: “According to the company, the first three Tokmanni-EUROSPAR stores are performing well. Sales have reportedly grown by double digits in all of them.” I have now visited the Ylöjärvi store a few...
3/11/2026, 9:35 PM
by JuhaR
33
Yeah, they definitely don’t. Puuilo’s selection is of very good quality. In my opinion, Tokmanni’s quality is also good. I personally suspect the biggest problem is shaping consumer perceptions. I don’t know exactly what the Swedes think, but I’m speculating like this: A customer...
3/10/2026, 6:43 AM
by Blackparta
26
I guess @Arttu_Heikura will soon have to start working on the infamous “sum-of-the-parts” calculation, i.e., what the separate values of Tokmanni Finland and Dollarstore are; at least I don’t recall seeing such a thing in the reports. In the cases of Kamux and Talenom, the sum-of...
18 hours ago
by NukkeNukuttaja
22
The market was disappointed with Tokmanni’s results. My expectations were apparently so low that I was positively surprised by a couple of things. Gross margin % improved in Q4. Cash flow was very strong. The dividend level is a bit of a disappointment. Likewise, Dollarstore’s difficulties...
3/10/2026, 7:46 AM
by Sergio
18
It’s certainly starting to look like Mr Tokmanni overpaid for the Dollarstore acquisition. Interim reports hype up the synergy benefits achieved, but strangely, these haven’t trickled down to the bottom line yet. If you compare the purchase price of Dollarstore to its earnings performance...
10 hours ago
15
Nordic discount retailers are showing quite different performance in (almost the same) market area. Share price last 6 months • HEL/Tokmanni -26% • STO/Rusta +40% Yesterday’s Rusta figures for the latest quarter (Nov-Jan) Summary of the third quarter 2025/2026: Net sales amounted...
18 hours ago
by PerusPiensijoittaja
13
I suppose even the Swedes are “Temu-ing” these trinkets nowadays, so the concept has to change. Dollarstore’s owners were very much on the ball. Temu was founded in 2022, and it was surely evident right away how effective it would be compared to previous “China shops.” One wonders...
3/10/2026, 2:36 PM
by MyrtsiZzz
11
Read more on our forum
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.