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Anora Group Oyj (ANORA.HE)

EUR3.75 +0.05 (+1.35%)
FI HEL Consumer Defensive Beverages - Wineries & Distilleries
Address Kaapeliaukio 1 180
Helsinki, FI
CEO Kirsi Puntila
Website anora.com
IPO 2018-03-23
ISIN FI4000292438

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Description

Anora Group Oyj operates as a prominent alcoholic beverage company, overseeing the production, importation, marketing, distribution, and sale of these products throughout the Nordic and Baltic countries. Its extensive offerings encompass wines, spirits, and other drinks, alongside industrial commodities such as barley starch, grain spirits, technical ethanol, and feed components. The company also provides specialized contract manufacturing services. Furthermore, Anora Group manages core operations including distillation, bottling, and logistics, in addition to producing neutral potable ethanol. Its diverse customer base includes state-run alcohol retail monopolies, wholesale distributors of alcoholic beverages, restaurants, grocery stores, the travel retail sector, importers in export markets, and industrial clients. The company markets its products under well-recognized proprietary brands like Koskenkorva, Linie, O.P. Anderson, Larsen, Skagerrak, Chill Out, Ruby Zin, Blossa, Wongraven, and Falling Feather, as well as partner brands. Anora Group exports its goods to around 30 nations across Europe, Asia, and North America. Founded in 1888, Anora Group Oyj is headquartered in Helsinki, Finland.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR3.75 +0.05 (+1.35%)
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Volume Profile
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Liquidity & share structure
Average Volume
52.6K
Beta
0.64
Float Shares
31.77M
Free Float %
47.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.31% -0.62% -21.22% -23.46% -10.77% -17.60% +2.22% -38.36% -69.47% -58.16% -58.16%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
3.75
DCF (Unlevered) 9.38 +150.3%
DCF (Levered) 15.10 +302.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 33% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 1 0
Sell 0 0
Strong Sell 1 0
Quality scores
Altman Z-Score
1.09
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Beverages - Wineries & Distilleries: -2.7%
    -4.9% Q1'26: -4.0% (vs Q1'25)
  • EPS growth Beverages - Wineries & Distilleries: -4.2%
    -46.7% Q1'26: -33.3% (vs Q1'25)
  • FCF margin FCF growth · Beverages - Wineries & Distilleries: +19.1%
    +5.7% Q1'26: -29.9% (vs Q1'25)
  • EBIT margin Beverages - Wineries & Distilleries: +16.0%
    +5.1% Q1'26: +0.1% (vs Q1'25)
  • ROIC Beverages - Wineries & Distilleries: +6.4%
    +4.7% Q1'26: +0.1% (vs Q1'25)
  • Share dilution Beverages - Wineries & Distilleries: +0.0%
    +1.2% Q1'26: -11.9% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Beverages - Wineries & Distilleries: -0.29×
    4.01× Q1'26: 10.37× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.92) × ERP
WACC = 44% × Ke + 56% × Kd (8.9%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 9.31 Current price: 3.75
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
2 Rev. Ana.
2 EPS Ana.
Dec 2027
3 Rev. Ana.
3 EPS Ana.
Dec 2028
3 Rev. Ana.
3 EPS Ana.
Dec 2029
2 Rev. Ana.
1 EPS Ana.
Dec 2030
1 Rev. Ana.
Revenue
357.30M
est: 355.39M (+0.5%)
359.50M
est: 359.73M (-0.1%)
342.40M
est: 337.50M (+1.5%)
478.20M
est: 598.60M (-20.1%)
702.80M
est: 705.92M (-0.4%)
727.60M
est: 712.30M (+2.1%)
692.00M
est: 690.05M (+0.3%)
657.90M
est: 664.92M (-1.1%)
646.32M
642.84M – 649.80M
-2.8% YoY
649.92M
642.15M – 655.04M
+0.6% YoY
655.84M
652.73M – 658.95M
+0.9% YoY
655.23M
649.54M – 659.58M
-0.1% YoY
668.00M
662.20M – 672.44M
+1.9% YoY
EBITDA
34.20M
est: 31.98M (+6.9%)
44.10M
est: 32.37M (+36.2%)
40.00M
est: 30.37M (+31.7%)
63.00M
est: 53.87M (+17.0%)
69.30M
est: 63.53M (+9.1%)
7.80M
est: 62.79M (-87.6%)
63.70M
est: 60.83M (+4.7%)
70.80M
est: 58.61M (+20.8%)
56.97M
56.66M – 57.28M
-2.8% YoY
57.29M
56.60M – 57.74M
+0.6% YoY
57.81M
57.54M – 58.09M
+0.9% YoY
57.76M
57.26M – 58.14M
-0.1% YoY
58.88M
58.37M – 59.27M
+1.9% YoY
EBIT
19.90M
est: 15.95M (+24.8%)
26.20M
est: 16.14M (+62.3%)
22.60M
est: 15.15M (+49.2%)
42.50M
est: 26.86M (+58.2%)
36.10M
est: 31.68M (+14.0%)
-25.60M
est: 29.75M (-186.0%)
36.80M
est: 28.82M (+27.7%)
33.20M
est: 27.77M (+19.5%)
27.00M
26.85M – 27.14M
-2.8% YoY
27.15M
26.82M – 27.36M
+0.6% YoY
27.39M
27.26M – 27.52M
+0.9% YoY
27.37M
27.13M – 27.55M
-0.1% YoY
27.90M
27.66M – 28.09M
+1.9% YoY
Net Income
15.10M
est: 38.76M (-61.0%)
18.40M
est: 39.61M (-53.6%)
17.80M
est: 48.89M (-63.6%)
31.00M
est: 48.44M (-36.0%)
17.90M
est: 34.45M (-48.0%)
-39.90M
est: -31.10M (-28.3%)
10.50M
est: 18.50M (-43.2%)
5.50M
est: 24.72M (-77.8%)
28.72M
26.80M – 30.63M
+16.2% YoY
29.93M
26.97M – 40.78M
+4.2% YoY
31.97M
31.19M – 36.15M
+6.8% YoY
30.67M
30.32M – 30.93M
-4.1% YoY
— – —
-100.0% YoY
SGA
13.70M
est: 26.12M (-47.6%)
12.30M
est: 26.44M (-53.5%)
9.30M
est: 24.81M (-62.5%)
18.40M
est: 44.00M (-58.2%)
29.90M
est: 51.88M (-42.4%)
134.10M
est: 48.48M (+176.6%)
51.90M
est: 46.97M (+10.5%)
est: 45.26M (-100.0%)
43.99M
43.75M – 44.23M
-2.8% YoY
44.24M
43.71M – 44.59M
+0.6% YoY
44.64M
44.43M – 44.85M
+0.9% YoY
44.60M
44.21M – 44.89M
-0.1% YoY
45.47M
45.07M – 45.77M
+1.9% YoY
EPS
0.42
est: 0.57 (-26.4%)
0.51
est: 0.58 (-12.6%)
0.49
est: 0.72 (-31.9%)
0.67
est: 0.71 (-6.1%)
0.26
est: 0.51 (-48.7%)
-0.59
est: -0.45 (-30.3%)
0.16
est: 0.27 (-40.6%)
0.08
est: 0.36 (-77.8%)
0.42
0.39 – 0.45
+16.0% YoY
0.47
0.39 – 0.59
+13.0% YoY
0.49
0.45 – 0.53
+4.1% YoY
0.45
0.44 – 0.45
-9.2% YoY
— – —
-100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-07 B+ 3/5 5/5 2/5 3/5 2/5 1/5 5/5
2026-05-06 B+ 3/5 5/5 2/5 3/5 2/5 1/5 5/5
2026-05-05 B+ 3/5 5/5 2/5 3/5 2/5 1/5 5/5
2026-05-04 B+ 3/5 5/5 2/5 3/5 2/5 1/5 5/5
2026-04-30 B 3/5 5/5 2/5 3/5 1/5 1/5 5/5
2026-04-29 B 3/5 5/5 2/5 3/5 1/5 1/5 5/5
2026-04-28 B 3/5 5/5 2/5 3/5 1/5 1/5 5/5
2026-04-27 B 3/5 5/5 2/5 3/5 1/5 1/5 5/5
2026-04-24 B+ 3/5 5/5 2/5 4/5 1/5 1/5 5/5
2026-04-23 B 3/5 4/5 2/5 4/5 1/5 1/5 5/5
2026-04-22 B 3/5 4/5 2/5 4/5 1/5 1/5 5/5
2026-04-21 B 3/5 4/5 2/5 4/5 1/5 1/5 5/5
2026-04-20 B 3/5 4/5 2/5 4/5 1/5 1/5 5/5
2026-04-17 B 3/5 4/5 2/5 4/5 1/5 1/5 5/5
2026-04-16 B 3/5 4/5 2/5 4/5 1/5 1/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
67.10M
OE per share TTM
1.16
Owner's Yield
34.30%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
23.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 10 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Dimensional - International Small Cap Value ETF DISV 0.01% 432.6K 0.42%
2 Avantis International Small Cap Equity ETF AVDS 0.01% 18.5K 0.30%
3 Dimensional - International Small Cap ETF DFIS 0.00% 171.8K 0.39%
4 Dimensional - International Vector Equity ETF DXIV 0.00% 4.9K 0.53%
5 Dimensional International Sustainability Core 1 ETF DFSI 0.00% 11.1K 0.24%
6 Dimensional - International Core Equity 2 ETF DFIC 0.00% 139.2K 0.22%
7 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 110.2K 0.28%
8 Avantis International Equity ETF AVDE 0.00% 51.6K 0.23%
9 Avantis Responsible International Equity ETF AVSD 0.00% 1.3K 0.23%
10 Dimensional - International Core Equity Market ETF DFAI 0.00% 0.18%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
27.4K
Shares Outstanding
67.55M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Kirsi Puntila Chief Executive Officer 513.5K female
Hannu Vaihamurto Senior Vice President of Anora Industrial male
Imre Avalo Senior Vice President of Spirits male
Johanna Sunden Chief People & Communications Officer female
Kari Kilpinen Senior Vice President of Finland & Exports male
Matti Nurmi Chief Information Officer male
Mikkel Pilemand Senior Vice President and Chief Growth & Transformation Officer male
Milena Haeggstrom Director of Investor Relations
Stein Alexander Eriksen Chief Financial Officer male
Anne Kadenius Managing Director of Vingruppen Finland
Thomas Heinonen Group General Counsel male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits