CapMan Oyj (CAPMAN.HE)
Helsinki, FI
CapMan Oyj stands as a prominent Nordic alternative asset manager, distinguished by its proactive approach to enhancing value. The firm specializes in private equity and venture capital, deploying strategies that span growth capital, industry consolidation, turnarounds, recapitalizations, middle market buyouts, and offering credit and mezzanine financing for unlisted entities. Beyond private companies, CapMan also invests in value-add and income-generating real estate, alongside critical infrastructure projects in the energy, transportation, and telecommunications sectors. Primarily, CapMan operates through typically closed-end funds, strategically directing capital into businesses and assets across the Nordic region, all in line with specific fund mandates. These funds generally divest their holdings within a three to six-year timeframe, either through strategic trade sales or initial public offerings (IPOs). The company also oversees a selection of open-ended investment vehicles. Established in 1989, CapMan Oyj is headquartered in Helsinki, Finland, maintaining an international presence with additional offices in Stockholm, Copenhagen, Oslo, Luxembourg, and London. Listed on Nasdaq Helsinki since 2001, the firm further underlines its dedication to sustainable practices by having been a signatory to the UN Principles for Responsible Investment (PRI) since 2012.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -2.04% | -4.11% | -1.37% | -3.58% | -8.68% | -12.39% | -6.70% | -35.84% | -33.62% | +83.62% | -21.55% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
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.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Asset Management: +17.4%+9.4% Q1'26: +25.5% (vs Q1'25)
-
EPS growth Asset Management: +22.7%-81.0% Q1'26: -17.4% (vs Q1'25)
-
FCF margin FCF growth · Asset Management: +27.7%+26.3% ★ Q1'26: +75.4% (vs Q1'25)
-
EBIT margin Asset Management: +50.6%+36.9% Q1'26: +34.4% (vs Q1'25)
-
ROIC Asset Management: +6.5%+9.1% ★ Q1'26: +9.0% (vs Q1'25)
-
Share dilution Asset Management: +0.0%+1.8% Q1'26: +24.9% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Asset Management: -0.03×4.04× Q1'26: 4.12× (vs Q1'25)
* 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.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
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 2 Rev. Ana. 2 EPS Ana. |
Dec 2028 2 Rev. Ana. 2 EPS Ana. |
Dec 2029 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
31.77M
est: 31.80M (-0.1%)
|
26.68M
est: 29.80M (-10.5%)
|
34.84M
est: 33.33M (+4.5%)
|
33.68M
est: 35.21M (-4.3%)
|
48.98M
est: 43.93M (+11.5%)
|
42.99M
est: 40.31M (+6.6%)
|
52.78M
est: 53.33M (-1.0%)
|
67.53M
est: 67.13M (+0.6%)
|
49.31M
est: 64.51M (-23.6%)
|
57.62M
est: 57.78M (-0.3%)
|
63.06M
est: 60.81M (+3.7%)
|
75.44M
73.54M – 77.35M
+24.1% YoY
|
87.54M
85.31M – 89.77M
+16.0% YoY
|
85.85M
85.65M – 86.05M
-1.9% YoY
|
89.30M
87.03M – 91.57M
+4.0% YoY
|
| EBITDA |
9.67M
est: 15.61M (-38.0%)
|
19.54M
est: 14.62M (+33.6%)
|
21.23M
est: 16.36M (+29.8%)
|
12.24M
est: 17.28M (-29.2%)
|
25.81M
est: 21.55M (+19.7%)
|
14.08M
est: 19.78M (-28.8%)
|
46.06M
est: 26.17M (+76.0%)
|
56.46M
est: 32.94M (+71.4%)
|
4.15M
est: 32.80M (-87.4%)
|
19.20M
est: 29.38M (-34.7%)
|
26.27M
est: 30.92M (-15.0%)
|
38.36M
37.39M – 39.33M
+24.1% YoY
|
44.51M
43.38M – 45.65M
+16.0% YoY
|
43.65M
43.55M – 43.76M
-1.9% YoY
|
45.41M
44.26M – 46.56M
+4.0% YoY
|
| EBIT |
9.35M
est: 14.34M (-34.8%)
|
19.28M
est: 13.44M (+43.5%)
|
19.51M
est: 15.03M (+29.8%)
|
12.06M
est: 15.88M (-24.0%)
|
20.23M
est: 19.80M (+2.1%)
|
12.58M
est: 18.18M (-30.8%)
|
44.58M
est: 24.04M (+85.4%)
|
52.28M
est: 30.27M (+72.7%)
|
2.66M
est: 30.06M (-91.2%)
|
16.66M
est: 26.93M (-38.1%)
|
23.24M
est: 28.34M (-18.0%)
|
35.16M
34.27M – 36.05M
+24.1% YoY
|
40.80M
39.76M – 41.84M
+16.0% YoY
|
40.01M
39.92M – 40.10M
-1.9% YoY
|
41.62M
40.56M – 42.68M
+4.0% YoY
|
| Net Income |
6.05M
est: 8.65M (-30.0%)
|
15.29M
est: 10.98M (+39.2%)
|
15.47M
est: 24.96M (-38.0%)
|
8.06M
est: 8.35M (-3.4%)
|
13.96M
est: 16.91M (-17.5%)
|
5.14M
est: 2.48M (+106.9%)
|
34.32M
est: 36.62M (-6.3%)
|
39.62M
est: 46.33M (-14.5%)
|
1.35M
est: 3.03M (-55.6%)
|
68.57M
est: 67.98M (+0.9%)
|
13.18M
est: 14.35M (-8.1%)
|
21.45M
21.10M – 22.53M
+49.5% YoY
|
28.05M
27.54M – 29.26M
+30.8% YoY
|
25.10M
22.73M – 26.23M
-10.5% YoY
|
24.83M
24.01M – 25.65M
-1.1% YoY
|
| SGA |
2.51M
|
2.23M
|
1.48M
|
1.44M
|
761.0K
|
—
|
—
|
—
|
—
|
—
|
—
|
—
— – —
|
—
— – —
|
—
— – —
|
—
— – —
|
| EPS |
0.06
est: 0.05 (+18.9%)
|
0.16
est: 0.06 (+154.2%)
|
0.10
est: 0.14 (-30.1%)
|
0.06
est: 0.05 (+14.9%)
|
0.09
est: 0.10 (-5.4%)
|
3.30
est: 0.01 (+23,057.9%)
|
0.22
est: 0.21 (+4.8%)
|
0.25
est: 0.27 (-5.9%)
|
0.01
est: 0.02 (-50.2%)
|
0.39
est: 0.38 (+1.8%)
|
0.08
est: 0.08 (-7.2%)
|
0.12
0.12 – 0.13
+52.0% YoY
|
0.16
0.16 – 0.16
+30.2% YoY
|
0.14
0.13 – 0.15
-13.8% YoY
|
0.14
0.14 – 0.14
+1.4% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-07 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-06 | B- | 3/5 | 3/5 | 2/5 | 5/5 | 2/5 | 1/5 | 2/5 |
| 2026-05-05 | B- | 3/5 | 3/5 | 2/5 | 5/5 | 2/5 | 1/5 | 2/5 |
| 2026-05-04 | B- | 3/5 | 3/5 | 2/5 | 5/5 | 2/5 | 1/5 | 2/5 |
| 2026-04-30 | B | 3/5 | 3/5 | 3/5 | 5/5 | 2/5 | 1/5 | 2/5 |
| 2026-04-29 | B | 3/5 | 3/5 | 3/5 | 5/5 | 2/5 | 1/5 | 2/5 |
| 2026-04-28 | B | 3/5 | 3/5 | 3/5 | 5/5 | 2/5 | 1/5 | 2/5 |
| 2026-04-27 | B | 3/5 | 3/5 | 3/5 | 5/5 | 2/5 | 1/5 | 2/5 |
| 2026-04-24 | B | 3/5 | 3/5 | 3/5 | 5/5 | 2/5 | 1/5 | 2/5 |
| 2026-04-23 | B | 3/5 | 3/5 | 3/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-22 | B | 3/5 | 3/5 | 3/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-21 | B | 3/5 | 3/5 | 3/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-20 | B | 3/5 | 3/5 | 3/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-17 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-16 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 2/5 | 2/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Avantis International Equity ETF AVDE | 0.00% | 7.5K | 0.23% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Pia Maria Kall | Chief Executive Officer | 482.2K | female |
| Antti Kiviluoto | IT Director | — | male |
| Atte Rissanen | Chief Financial Officer | — | male |
| Charlotte Wessman | Head of Communication & Director of Marketing | — | female |
| Edward Williams | Managing Partner | — | male |
| Essi Orenius | General Counsel | — | female |
| Heidi Sulin | Chief Operating Officer | — | female |
| Mika Matikainen | Managing Partner | — | male |
| Nea Säynäjoki | Compliance Officer | — | — |
| Anders Björkell | Buyout Partner | — | male |
| Torsten Bjerregaard | Managing Partner & CIO | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for CAPMAN.HE
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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