Harvia Oyj (HARVIA.HE)
Muurame, FI
Harvia Oyj, founded in Muurame, Finland, in 1950, is a prominent manufacturer and global distributor specializing in comprehensive sauna experiences. The company's diverse product range encompasses traditional, steam, and infrared saunas, alongside a wide array of heating solutions including electric, wood-burning, and steam generators. Additionally, Harvia supplies essential components such as control units, hot tubs, pre-built sauna rooms, infrared cabins, and spa modules. Beyond the core systems, their offerings extend to crucial spare parts like heater components and sauna stones, as well as an extensive selection of accessories, including sound and lighting solutions, water hygiene products, sauna scents, buckets, ladles, thermometers, and textiles. Harvia also provides vital services such as installation, maintenance, and repair for its products, and it engages in real estate activities. The company reaches its customer base through a robust network of retailers and wholesalers across Finland, various EU countries, North America, Germany, Russia, the Nordic region, and other international markets.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.91% | -4.33% | +10.41% | +9.01% | -9.26% | -9.58% | -19.46% | +61.25% | -3.73% | +674.00% | +674.00% |
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 | 0 | 0 |
| Buy | 4 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Leisure: +7.6%+13.5% ★ Q1'26: +12.7% (vs Q1'25)
-
EPS growth Leisure: +13.2%+8.5% Q1'26: +11.1% (vs Q1'25)
-
FCF margin FCF growth · Leisure: +30.4%+10.6% Q1'26: +15.1% (vs Q1'25)
-
EBIT margin Leisure: +11.0%+19.5% ★ Q1'26: +22.0% (vs Q1'25)
-
ROIC Leisure: +6.9%+16.4% ★ Q1'26: +20.8% (vs Q1'25)
-
Share dilution Leisure: +0.0%0.0% ★ Q1'26: -0.1% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Leisure: -0.39×2.22× Q1'26: 1.73× (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 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 4 Rev. Ana. 3 EPS Ana. |
Dec 2027 4 Rev. Ana. 3 EPS Ana. |
Dec 2028 4 Rev. Ana. 3 EPS Ana. |
Dec 2029 3 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
61.94M
est: 62.37M (-0.7%)
|
74.10M
est: 72.50M (+2.2%)
|
109.11M
est: 105.33M (+3.6%)
|
179.12M
est: 181.97M (-1.6%)
|
172.41M
est: 172.93M (-0.3%)
|
150.55M
est: 158.92M (-5.3%)
|
175.21M
est: 171.23M (+2.3%)
|
198.90M
est: 200.72M (-0.9%)
|
221.95M
216.98M – 226.62M
+10.6% YoY
|
245.64M
237.86M – 251.18M
+10.7% YoY
|
269.27M
268.19M – 270.35M
+9.6% YoY
|
297.82M
289.70M – 304.32M
+10.6% YoY
|
| EBITDA |
11.48M
est: 15.99M (-28.2%)
|
15.93M
est: 18.59M (-14.3%)
|
25.68M
est: 27.01M (-4.9%)
|
51.81M
est: 46.66M (+11.0%)
|
44.88M
est: 44.34M (+1.2%)
|
38.53M
est: 40.67M (-5.3%)
|
42.26M
est: 43.82M (-3.6%)
|
46.31M
est: 51.37M (-9.8%)
|
56.80M
55.53M – 57.99M
+10.6% YoY
|
62.86M
60.87M – 64.28M
+10.7% YoY
|
68.91M
68.63M – 69.18M
+9.6% YoY
|
76.22M
74.14M – 77.88M
+10.6% YoY
|
| EBIT |
8.21M
est: 13.66M (-39.9%)
|
12.82M
est: 15.88M (-19.3%)
|
21.36M
est: 23.08M (-7.5%)
|
46.38M
est: 39.87M (+16.3%)
|
38.80M
est: 37.89M (+2.4%)
|
32.28M
est: 34.81M (-7.3%)
|
35.29M
est: 37.51M (-5.9%)
|
38.87M
est: 43.96M (-11.6%)
|
48.62M
47.53M – 49.64M
+10.6% YoY
|
53.80M
52.10M – 55.02M
+10.7% YoY
|
58.98M
58.74M – 59.22M
+9.6% YoY
|
65.23M
63.46M – 66.66M
+10.6% YoY
|
| Net Income |
6.78M
est: 8.13M (-16.6%)
|
9.60M
est: 9.60M (0.0%)
|
15.48M
est: 16.13M (-4.1%)
|
33.67M
est: 35.39M (-4.9%)
|
27.08M
est: 29.17M (-7.1%)
|
23.27M
est: 25.05M (-7.1%)
|
24.24M
est: 27.55M (-12.0%)
|
26.44M
est: 27.43M (-3.6%)
|
32.85M
31.97M – 33.83M
+19.7% YoY
|
39.17M
36.46M – 41.27M
+19.2% YoY
|
44.72M
42.41M – 45.10M
+14.2% YoY
|
48.71M
46.99M – 50.10M
+8.9% YoY
|
| SGA |
6.58M
est: 7.40M (-11.2%)
|
8.80M
est: 8.60M (+2.2%)
|
12.80M
est: 12.50M (+2.4%)
|
17.00M
est: 21.59M (-21.3%)
|
17.96M
est: 20.52M (-12.5%)
|
19.07M
est: 15.13M (+26.0%)
|
26.35M
est: 16.30M (+61.6%)
|
—
est: 19.11M (-100.0%)
|
21.13M
20.66M – 21.58M
+10.6% YoY
|
23.39M
22.65M – 23.92M
+10.7% YoY
|
25.64M
25.54M – 25.74M
+9.6% YoY
|
28.36M
27.59M – 28.98M
+10.6% YoY
|
| EPS |
0.41
est: 0.43 (-5.1%)
|
0.51
est: 0.51 (+0.0%)
|
0.83
est: 0.86 (-3.1%)
|
1.80
est: 1.88 (-4.3%)
|
1.45
est: 1.55 (-6.4%)
|
1.25
est: 1.34 (-6.7%)
|
1.30
est: 1.47 (-11.5%)
|
1.41
est: 1.48 (-4.5%)
|
1.74
1.70 – 1.80
+17.7% YoY
|
2.05
1.94 – 2.19
+17.8% YoY
|
2.34
2.25 – 2.40
+14.4% YoY
|
2.59
2.50 – 2.66
+10.5% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-08 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-07 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-06 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-05 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-04 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-30 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-29 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-28 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-27 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-24 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-23 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-22 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-21 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-20 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-17 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-16 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 2/5 | 1/5 |
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 | iShares MSCI Finland ETF EFNL | 0.57% | 1.40M | 0.53% |
| 2 | Amundi MSCI EMU Small Cap ESG Broad Transition UCITS ETF Dist MMS.PA | 0.46% | 3.29M | 0.40% |
| 3 | Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF Acc CEM.PA | 0.17% | 580.2K | 0.23% |
| 4 | Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF Dist X026.DE | 0.17% | 580.2K | 0.23% |
| 5 | WisdomTree Europe SmallCap Dividend UCITS ETF WTES.DE | 0.15% | 138.4K | 0.38% |
| 6 | WisdomTree Europe SmallCap Dividend UCITS ETF Acc DFEA.L | 0.15% | 138.4K | 0.38% |
| 7 | UBS MSCI EMU Small Cap UCITS ETF EUR dis UEFD.DE | 0.12% | 880.7K | 0.33% |
| 8 | iShares MSCI EMU Small Cap UCITS ETF CES1.L | 0.12% | 1.23M | 0.58% |
| 9 | WisdomTree Dynamic International SmallCap Equity ETF DDLS | 0.07% | 283.1K | 0.48% |
| 10 | WisdomTree International SmallCap Dividend Fund DLS | 0.05% | 550.8K | 0.58% |
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 |
|---|---|---|---|
| Anssi Pelkonen | Head of Northern Europe Region & Member of Management Board | — | male |
| Ari Vesterinen | Chief Financial Officer, Secretary & Member of Management Board | — | male |
| David Ahonen | Head of Region Asia-Pacific-MEA & Member of Management Board | — | male |
| Ivan Sabato | Head of Region & Continental Europe and Member of Management Board | — | male |
| Markus Wormanseder | Head of Products and Solutions & Member of Management Board | — | male |
| Matias Jarnefelt | Chairman of the Management Board & Chief Executive Officer | — | male |
| Mika Suoja | Head of Operations & Member of Management Board | — | male |
| Nathan Hagemeier | Head of Region North America & Member of the Management Board | — | male |
| Paivi Juolahti | Head of Marketing & Brands and Member of Management Board | — | female |
| Philipp Krauth | MD of EOS, Head of EOS Brands & Products and Member of Management Team | — | male |
| Timo Harvia | Head of Innovation & Technology and Member of the Management Board | — | 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 HARVIA.HE
Short-term intention
Target Price Distribution
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