Etteplan Oyj (ETTE.HE)
Espoo, FI
Etteplan Oyj specializes in offering comprehensive solutions and services across industrial equipment and plant engineering, software and embedded systems development, and technical documentation. The company maintains a significant market presence in Finland, Scandinavia, Central Europe, and China. Its operations are structured around three core segments: Engineering Solutions, Software and Embedded Solutions, and Technical Documentation Solutions. Within Engineering Solutions, Etteplan delivers a range of services from engineering analysis, project management, and advanced additive manufacturing to specialized fields like safety, systems, electrical, plant, and mechanical engineering. This segment also encompasses climate testing facilities, portable power services including traction and stationary batteries, automation solutions, and virtual machine simulation models. The Software and Embedded Solutions segment is adept at creating solutions for cellular, local area, and low-power wide area networks, alongside high-speed design, electromagnetic simulation, electronics design, cybersecurity, and embedded software development. For Technical Documentation Solutions, the company streamlines information management for assets, products, installations, users, operators, maintenance, and parts. This includes localization and technical translation, advanced visualizations, dedicated technical documentation software, and digital product and training content. Beyond these core areas, Etteplan offers critical support services such as failure analysis, quality assurance, regulatory compliance consulting, software test automation, product safety, and training. It also conducts a wide array of specialized testing, including EMC, HVAC, environmental, RF spectrum, antenna, RF IOP, and radio interference testing, as well as production testing and measurement. Additionally, Etteplan engages in application development, provides business-critical solutions, and specializes in user experience (UX) and service design. Its extensive client base spans diverse sectors, including aerospace, defense, automotive, consumer goods, energy and power transmission, industrial machinery and components, lifting and hoisting, medical technology, metals, mining and materials handling, offshore and marine, telecommunications, and the forest, pulp, and paper industries. Established in 1983 and headquartered in Espoo, Finland, Etteplan Oyj operates as a subsidiary of Ingman Group Oy Ab.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| +1.83% | +8.03% | -0.76% | -12.75% | -18.41% | -16.31% | -33.33% | -53.01% | -50.79% | +80.14% | +310.53% |
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 | 1 | 0 |
| Hold | 0 | -1 |
| Sell | 0 | 0 |
| Strong Sell | 1 | 0 |
-
Revenue growth Engineering & Construction: +6.7%+0.1% Q1'26: -4.6% (vs Q1'25)
-
EPS growth Engineering & Construction: +20.8%+2.4% Q1'26: -55.6% (vs Q1'25)
-
FCF margin FCF growth · Engineering & Construction: +51.6%+7.7% Q1'26: +4.5% (vs Q1'25)
-
EBIT margin Engineering & Construction: +7.0%+4.9% Q1'26: +3.2% (vs Q1'25)
-
ROIC Engineering & Construction: +6.4%+7.0% ★ Q1'26: +4.5% (vs Q1'25)
-
Share dilution Engineering & Construction: +0.0%+0.0% Q1'26: +0.2% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Engineering & Construction: -0.38×3.02× Q1'26: 3.38× (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 3 Rev. Ana. 3 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. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
141.14M
est: 140.20M (+0.7%)
|
183.94M
est: 181.40M (+1.4%)
|
214.77M
est: 214.83M (0.0%)
|
236.48M
est: 238.18M (-0.7%)
|
263.29M
est: 263.71M (-0.2%)
|
259.70M
est: 259.90M (-0.1%)
|
300.11M
est: 297.27M (+1.0%)
|
350.17M
est: 356.06M (-1.7%)
|
359.95M
est: 364.89M (-1.4%)
|
361.02M
est: 362.80M (-0.5%)
|
361.42M
est: 363.00M (-0.4%)
|
360.68M
357.61M – 364.30M
-0.6% YoY
|
373.13M
370.46M – 377.65M
+3.5% YoY
|
386.83M
386.35M – 387.30M
+3.7% YoY
|
395.00M
391.92M – 399.39M
+2.1% YoY
|
| EBITDA |
11.66M
est: 18.36M (-36.5%)
|
15.16M
est: 23.75M (-36.2%)
|
20.88M
est: 28.13M (-25.8%)
|
26.09M
est: 31.19M (-16.4%)
|
37.53M
est: 34.53M (+8.7%)
|
40.25M
est: 34.03M (+18.3%)
|
44.19M
est: 38.93M (+13.5%)
|
43.96M
est: 46.63M (-5.7%)
|
44.40M
est: 43.84M (+1.3%)
|
37.41M
est: 43.58M (-14.2%)
|
36.47M
est: 43.61M (-16.4%)
|
43.33M
42.96M – 43.77M
-0.6% YoY
|
44.83M
44.51M – 45.37M
+3.5% YoY
|
46.47M
46.41M – 46.53M
+3.7% YoY
|
47.45M
47.08M – 47.98M
+2.1% YoY
|
| EBIT |
8.46M
est: 10.25M (-17.4%)
|
10.19M
est: 13.26M (-23.1%)
|
15.36M
est: 15.71M (-2.2%)
|
20.15M
est: 17.41M (+15.7%)
|
22.82M
est: 19.28M (+18.3%)
|
22.07M
est: 19.00M (+16.1%)
|
26.35M
est: 21.73M (+21.2%)
|
23.94M
est: 26.03M (-8.0%)
|
25.36M
est: 24.04M (+5.5%)
|
19.09M
est: 23.90M (-20.1%)
|
17.87M
est: 23.91M (-25.3%)
|
23.76M
23.56M – 24.00M
-0.6% YoY
|
24.58M
24.41M – 24.88M
+3.5% YoY
|
25.48M
25.45M – 25.51M
+3.7% YoY
|
26.02M
25.82M – 26.31M
+2.1% YoY
|
| Net Income |
6.12M
est: 7.92M (-22.7%)
|
7.44M
est: 9.42M (-21.1%)
|
11.47M
est: 12.20M (-6.0%)
|
15.28M
est: 15.50M (-1.4%)
|
17.39M
est: 18.08M (-3.8%)
|
17.08M
est: 17.93M (-4.7%)
|
20.04M
est: 20.20M (-0.8%)
|
18.15M
est: 23.88M (-24.0%)
|
16.65M
est: 15.85M (+5.0%)
|
10.40M
est: 15.69M (-33.7%)
|
10.57M
est: 15.94M (-33.7%)
|
15.36M
12.54M – 18.17M
-3.7% YoY
|
17.10M
16.68M – 25.14M
+11.4% YoY
|
20.43M
20.19M – 25.09M
+19.5% YoY
|
23.23M
23.00M – 23.57M
+13.7% YoY
|
| SGA |
20.38M
est: 1.22M (+1,572.0%)
|
26.44M
est: 1.58M (+1,576.1%)
|
29.02M
est: 1.87M (+1,453.5%)
|
8.28M
est: 2.07M (+299.9%)
|
8.29M
est: 2.29M (+261.5%)
|
8.24M
est: 2.26M (+264.4%)
|
867.0K
est: 2.58M (-66.5%)
|
1.13M
est: 3.10M (-63.5%)
|
937.0K
est: 8.52M (-89.0%)
|
1.10M
est: 8.47M (-87.0%)
|
37.96M
est: 8.48M (+347.7%)
|
8.42M
8.35M – 8.51M
-0.6% YoY
|
8.71M
8.65M – 8.82M
+3.5% YoY
|
9.03M
9.02M – 9.05M
+3.7% YoY
|
9.23M
9.15M – 9.33M
+2.1% YoY
|
| EPS |
0.28
est: 0.31 (-10.7%)
|
0.33
est: 0.37 (-11.6%)
|
0.47
est: 0.48 (-2.8%)
|
0.62
est: 0.61 (+1.0%)
|
0.70
est: 0.72 (-2.2%)
|
0.69
est: 0.71 (-2.8%)
|
0.81
est: 0.80 (+1.3%)
|
0.72
est: 0.95 (-23.9%)
|
0.66
est: 0.63 (+4.2%)
|
0.41
est: 0.62 (-33.9%)
|
0.42
est: 0.63 (-33.3%)
|
0.63
0.50 – 0.72
-0.8% YoY
|
0.81
0.66 – 1.00
+28.8% YoY
|
0.93
0.80 – 0.99
+14.9% YoY
|
0.92
0.91 – 0.93
-0.5% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-11 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-08 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-07 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-06 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-05 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-04 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-30 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-29 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-28 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-27 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-24 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-23 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-22 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-21 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-20 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-17 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-16 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
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
This company is not held by any ETF in our universe.
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 |
|---|---|---|---|
| Juha Nakki | President, Chief Executive Officer & Chairman of the Management Group | 626.0K | male |
| Harri Saikkonen | Senior VP of Software & Embedded Solutions and Member of Group Management | — | male |
| Helena Kukkonen | Chief Financial Officer & Member of Management Board | — | female |
| Jukka Lahtinen | Senior Vice President of Global Sales & Management Group Member | — | male |
| Mikael Vatn | Senior Vice President of Tech. Comm. Sol. & Data Solutions and Member of Mngt. Group | — | male |
| Minna Tornikoski | Senior Vice President of Human Resources & Member of Management Group | — | female |
| Outi Torniainen | Senior Vice President of Communications & Marketing and Member of Management Group | — | female |
| Per-Anders Gådin | Senior Vice President of Mergers, Acquisitions & Business Development | — | male |
| Riku Riikonen | Senior Vice President of Engineering Solutions & Member of Management Group | — | male |
| Eric Tengstrand | Senior Vice President of Solutions & Technologies Group Function and Member of Group Management | — | male |
| Tero Leppanen | Senior Vice President of Software & Embedded Solutions and Member of Management Group | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for ETTE.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.

MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
