Privacy preferences
Inderes uses cookies to provide a better user experience and a personalised service. By consenting to the use of cookies, we can develop an even better service and will be able to provide content that is interesting to you.
  • Forum
  • Stock Markets
    • MarketsLive prices, indices, and market performance
    • Stock CalendarUpcoming earnings, listings, and corporate events
    • Dividends CalendarFuture and past dividends
  • Companies
    • CompaniesBrowse and filter the full list of listed companies
    • DiscoveryInspiration for your next investment
    • IPOsNew listings and upcoming public offerings
    • AGM InvitationsAnnual general meeting dates and shareholder info
  • Stock Research
    • ResearchExpert stock analysis and recommendations
    • ArticlesNews, insights, and market commentary
    • inderesTVVideo hub for stock research, analysis, and expert commentary
    • TranscriptsFull text records of earnings calls and investor meetings
    • Stock ComparisonCompare financials and performance across multiple stocks
    • Earnings SeasonCompare EPS estimates to reported results
    • Compound Interest CalculatorSee how your savings grow with the power of compound interest.
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer

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.

Etteplan

7.88 EUR-1.50 %7.10, 17.25
4,964 following

ETTE

NASDAQ Helsinki

Industrial Goods & Services

Industrials

Overview
Financials & Estimates
Dividend
Investor views
Compare
-1.50 %
-6.86 %
+8.84 %
-2.48 %
-16.88 %
-21.59 %
-44.11 %
-56.10 %
+3.68 %

Etteplan operates in the industrial sector. The company offers consulting and installation services for industrial machinery and related systems. Examples of solutions include system development, automated solutions, technical documentation services and risk and control systems. Customers are found in various industries on a global level, especially in the automotive, aerospace and defense industries. The head office is located in Vantaa.

Read more
Market cap
199.76M EUR
Turnover
5.44K EUR
P/E (adj.) (26e)
12.08
EV/EBIT (adj.) (26e)
10.4
P/B (26e)
1.56
EV/S (26e)
0.72
Dividend yield-% (26e)
2.74 %
Coverage
Recommendation
Accumulate
Target price
8.50 EUR
Updated
29.09.2026
Disclaimer
Roni Peuranheimo
Roni Peuranheimo

Analyst

Latest research

Latest analysis report

Released: 30.09.2026

Latest extensive report

Released: 04.09.2026

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
Low
High
All
Research
Webcasts
Press releases
3rd party
ShowingAll content types

Forum discussions
Etteplan neged, announced it a moment ago: Etteplan Oyj, Stock Exchange Release / Inside Information, September 16, 2026, at 12:00 noon Etteplan issues a profit warning and lowers its guidance for 2026 Revenue is estimated to be EUR 355–365 million and operating profit (EBIT) EUR...
9/16/2026, 10:30 AM
by Sijoittaja-alokas
4
Here are Ronin’s pre-report comments ahead of Etteplan’s earnings release on Wednesday. The beginning of the year was exceptionally difficult for the company, as geopolitical uncertainties froze customer decision-making. We expect the demand situation in Q2 to have been better than...
8/3/2026, 6:38 AM
by Sijoittaja-alokas
3
Roni on tehnyt uuden yhtiöraportin Etteplanista Syyskuun tulosvaroitus oli odotettu, ja se johti enää vain hyvin pieniin lyhyen pään (pääasiassa Q3:n) ennusteleikkauksiin. Odotuksia hitaammin käynnistyneestä kysynnästä huolimatta Etteplan on palaamassa tuloskasvuun loppuvuonna, joskin...
9/30/2026, 5:49 AM
by Sijoittaja-alokas
2
So mild of a negative that it’s almost a positive. Operating profit is 10% lower than previously estimated and the drop in revenue is even smaller.
9/16/2026, 2:08 PM
by Jukka
2
Alongside the extensive report, a video with @Roni_Peuranheimo was also filmed! In the video, I tried to ask whether there’s any turning back to the success of past years or how much of the weakness can be blamed on the difficult cycle. On the other hand, we have seen lively developments...
9/4/2026, 10:37 AM
by Tomi Valkeajärvi
2
A rather challenging end of the year ahead. Full-year guidance based on averages.
8/5/2026, 12:38 PM
by Sergio
2
Here are Roni’s comments regarding the recent announcement. Etteplan announced that it is significantly deepening its long-term engineering cooperation with Patria and establishing a new center of excellence focused on the defense industry. Naturally, we view the news as positive...
6/12/2026, 4:59 AM
by Sijoittaja-alokas
2
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
29.10
2026

Interim report Q3'26

11.2
2027

Annual report '26

9.4
2027

General meeting '27

Etteplan Oyj, Webcast, Q3'26
Webcast29.10.2026, 08.30

Etteplan Oyj, Webcast, Q3'26

Etteplan
Etteplan: Med på cyklussens vendepunkt
Research30.09.2026, 07.00 by
Roni Peuranheimo

Etteplan: Med på cyklussens vendepunkt

Nedjusteringen i september var forventet og medførte blot ganske små nedjusteringer af estimaterne på den korte bane (primært for Q3).

Etteplan
Etteplan sænker sin guidance, da opsvinget i efterspørgslen trækker ud
Analyst Comment17.09.2026, 06.48 by
Roni Peuranheimo

Etteplan sænker sin guidance, da opsvinget i efterspørgslen trækker ud

De sænkede forventninger svarer allerede til vores estimater.

Etteplan

Join Inderes community

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

Inderes account
Followings and notifications on followed companies
Analyst comments and recommendations
Stock comparison tool & other popular tools
Create account
Regulatory press release16.09.2026, 13.00

Etteplan Oyj's financial information in 2027

Etteplan
Regulatory press release16.09.2026, 11.00

Etteplan issues a profit warning and lowers its guidance for 2026

Etteplan
Etteplan omfattende analyse: Teknologisk omvæltning i vente, cyklisk vendepunkt for døren
Extensive research04.09.2026, 07.00 by
Roni Peuranheimo

Etteplan omfattende analyse: Teknologisk omvæltning i vente, cyklisk vendepunkt for døren

Efterspørgselsudsigterne viser tegn på bedring, selvom situationen visse kundesegmenter a er fortsat vanskelig.

Etteplan
Etteplan Q2'26: Svagt kvartal, men tegn på forbedring
Research06.08.2026, 07.00 by
Roni Peuranheimo

Etteplan Q2'26: Svagt kvartal, men tegn på forbedring

Etteplans Q2-resultater lå under vores estimater, da den fortsatte omsætningsnedgang også førte til en svag rentabilitetsudvikling.

Etteplan
Etteplan Oyj, Webcast, Q2'26
Webcast05.08.2026, 13.30

Etteplan Oyj, Webcast, Q2'26

Etteplan
Regulatory press release05.08.2026, 12.00

ETTEPLAN Q2 2026: Demand shows first signs of recovery amid uncertainty

Etteplan
Etteplan Q2'26 preview: Første halvår skal forbedres
Analyst Comment03.08.2026, 06.00 by
Roni Peuranheimo

Etteplan Q2'26 preview: Første halvår skal forbedres

Vi forventer, at indtjeningsniveauet var bedre end i begyndelsen af året.

Etteplan
Press release29.07.2026, 12.00

Etteplan's January-June 2026 half year financial report to be published on August 5, 2026

Etteplan
Press release22.06.2026, 09.00

Etteplan supports the engineering of J5L Production's special vehicles with the AI-based Etteplan LEAN service solution

Etteplan
Etteplan uddyber samarbejdet med Patria inden for forsvarsindustrien
Analyst Comment12.06.2026, 06.41 by
Roni Peuranheimo

Etteplan uddyber samarbejdet med Patria inden for forsvarsindustrien

Det langvarige samarbejde uddybes betydeligt.

Etteplan
Press release11.06.2026, 13.00

Etteplan and Patria deepen their engineering collaboration significantly - Etteplan to establish a competence centre for Patria's vehicle engineering

Etteplan
Press release10.06.2026, 14.00

Etteplan strengthens long-term strategic cooperation with KHS in technical communication services

Etteplan
Analyst Comment28.05.2026, 07.36 by
Roni Peuranheimo, Frans-Mikael Rostedt

Case: Ekspertvirksomhedernes personalemargener er fortsat med at falde

Dækningsbidraget pr. medarbejder i konsulentvirksomheder er faldet støt i løbet af de seneste fem år.

Aallon GroupAdministerDigiaDigital WorkforceEtteplanFondiaGoforeLoihdeNetum GroupSiili SolutionsSitowise GroupSolteqSolwersTalenomVincitWitted Megacorp
Regulatory press release15.05.2026, 15.00

Etteplan Oyj - Managers' Transactions

Etteplan
Regulatory press release11.05.2026, 15.00

Etteplan Oyj - Managers' Transactions

Etteplan
Regulatory press release11.05.2026, 15.00

Etteplan Oyj - Managers' Transactions

Etteplan
Third party research08.05.2026, 08.56

Etteplan: Slow start, gradual recovery to follow - Evli

Etteplan’s Q1 was weaker than expected with all three service areas missing our EBITA estimates. The company trimmed the upper end of its 2026 EBIT guidance while maintaining the revenue range, implying a clear improvement in profitability and activity...

Etteplan