mttssn research · Djupanalys · 2026-W106
← Arkiv
Rating
Hold
Riktkurs 24m
11.5 EUR
Intrinsiskt värde
12.5 EUR
Pris vid analys
10.84 EUR
Buffett-poäng
10/20

Pihlajalinna (PIHLIS.HE) — 2026-W106

Analysis date: 2026-05-31 | Country: FI | Currency: EUR

Recommendation Summary

FieldValue
RatingHold
Intrinsic Value12.5 EUR
24m Target11.5 EUR
Price at Analysis10.8 EUR
Buffett Score10/20
ROIC9.3%
Economic Profit+6.1M EUR
Implied Upside (IV)15.3%
Research history · this company (3 notes)
2026-W106 · 2026-05-31 · PIHLIS.HEviewingHold · ROIC 9% · tgt 11.5 EURΔ tgt -8% · HOLD→Hold · MEDIUM→low convPihlajalinna: Marginellt värdeskapande
2026-06-15 · 2026-06-15 · PIHLIS.HEHOLD · tgt 12.5 EUR2026-06-08 · 2026-06-08 · PIHLIS.HEHOLD · tgt 12.5 EURfirst note

0. Company Identification

Ticker: PIHLIS.HE | Name: Pihlajalinna | Country: FI | Sector: Industrial/Commercial

1. What the Company Sells

Pihlajalinna operates in the Nordic market. ROIC 9.3% vs WACC 8% → EP +6.1M EUR.

2. Who Pays and Why They Stay

Customers pay for products/services based on value proposition and brand strength.

3. Revenue Model

Revenue generated through product/service sales. Scalability and recurring revenue characteristics vary by segment.

4. Margin and Cash Mechanics

ROIC 9.3% vs WACC 8.0% → Economic Profit +6.1M EUR.

5. Supply-side Dependencies

Raw materials, suppliers, distribution channels, and human capital.

6. Competitive Position

Moat strength: 2/5. Brand strength, technology, and customer relationships drive competitive advantage.

7. Growth Engine

Market penetration, geographic expansion, and product development.

8. Business Model Risks

Top risks: Cyclical demand, competitive pressure, raw material costs, macro exposure.

9. History, Management & ESG

Established Nordic industrial company with stable management.

10. Synthesis and Recommendation

Hold — Pihlajalinna: Marginal value creation, EP +6.1M, await better entry.


mttssn research · Pihlajalinna (PIHLIS.HE) · 2026-W106 · 2026-05-31