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Kalmar Oyj (KALMAR.HE)

EUR38.04 +0.22 (+0.58%)
FI HEL Industrials Integrated Freight & Logistics
Address ItAemerenkatu 25 180
Helsinki, FI
CEO Sami Niiranen
IPO 2024-07-01
ISIN FI4000571054

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Description

Headquartered in Helsinki, Finland, Kalmar Oyj specializes in furnishing a wide array of material handling machinery and advanced automated terminal systems. These solutions are designed for deployment in various demanding settings, including maritime ports, intermodal terminals, expansive distribution centers, and heavy industry operations. The firm's comprehensive product range features specialized equipment such as straddle and shuttle carriers, powerful reach stackers, empty container handlers, robust terminal tractors, and a variety of forklift trucks. Additionally, Kalmar provides extensive after-sales support, encompassing custom maintenance agreements, expert technical assistance, a readily available supply of spare parts, operator training programs, modernization services for existing equipment, and innovative digital offerings.

News Sentiment (7d)
46 Neutral

Based on only 2 articles — low confidence

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
EUR38.04 +0.22 (+0.58%)
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Volume Profile
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Liquidity & share structure
Average Volume
53.4K
Beta
0.86
Float Shares
35.49M
Free Float %
65.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-3.12% -4.10% -17.36% -10.72% +6.19% -2.36% +30.07% +50.76% +50.76% +50.76% +50.76%
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
38.04
DCF (Unlevered) 39.07 +2.7%
DCF (Levered) 62.68 +64.8%

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) 60% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 2 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.37
Safe zone
Piotroski F-Score
8 / 9
Strong
MOAT Score
5 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Integrated Freight & Logistics: +6.5%
    +1.2% Q1'26: +5.4% (vs Q1'25)
  • EPS growth Integrated Freight & Logistics: +7.1%
    +27.6% Q1'26: +15.1% (vs Q1'25)
  • FCF margin FCF growth · Integrated Freight & Logistics: +60.0%
    +6.9% Q1'26: +9.0% (vs Q1'25)
  • EBIT margin Integrated Freight & Logistics: +6.9%
    +12.5% Q1'26: +11.9% (vs Q1'25)
  • ROIC Integrated Freight & Logistics: +6.4%
    +20.8% Q1'26: +23.9% (vs Q1'25)
  • Share dilution Integrated Freight & Logistics: +0.1%
    -0.1% Q1'26: 0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Integrated Freight & Logistics: 0.95×
    1.34× Q1'26: 1.09× (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 (1.05) × ERP
WACC = 88% × Ke + 12% × Kd (4.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 39.66 Current price: 38.04
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 2024
actual
Dec 2025
actual
Dec 2026
5 Rev. Ana.
5 EPS Ana.
Dec 2027
5 Rev. Ana.
5 EPS Ana.
Dec 2028
1 Rev. Ana.
2 EPS Ana.
Dec 2029
2 Rev. Ana.
1 EPS Ana.
Revenue
1.72B
est: 1.71B (+0.6%)
1.74B
est: 1.72B (+1.3%)
1.81B
1.78B – 1.84B
+5.6% YoY
1.94B
1.90B – 1.98B
+6.9% YoY
2.04B
2.00B – 2.08B
+5.5% YoY
2.26B
2.21B – 2.30B
+10.3% YoY
EBITDA
250.60M
est: 269.12M (-6.9%)
273.30M
est: 270.28M (+1.1%)
285.34M
279.26M – 289.49M
+5.6% YoY
304.92M
299.27M – 312.04M
+6.9% YoY
321.64M
315.25M – 327.78M
+5.5% YoY
354.88M
347.83M – 361.66M
+10.3% YoY
EBIT
189.50M
est: 214.86M (-11.8%)
216.80M
est: 215.79M (+0.5%)
227.82M
222.97M – 231.13M
+5.6% YoY
243.45M
238.94M – 249.14M
+6.9% YoY
256.80M
251.70M – 261.70M
+5.5% YoY
283.34M
277.71M – 288.75M
+10.3% YoY
Net Income
127.90M
est: 159.48M (-19.8%)
163.30M
est: 164.49M (-0.7%)
179.43M
172.48M – 188.56M
+9.1% YoY
203.77M
197.16M – 219.86M
+13.6% YoY
223.60M
217.83M – 229.16M
+9.7% YoY
239.48M
233.30M – 245.43M
+7.1% YoY
SGA
198.10M
est: 185.18M (+7.0%)
185.10M
est: 185.98M (-0.5%)
196.34M
192.16M – 199.20M
+5.6% YoY
209.81M
205.93M – 214.72M
+6.9% YoY
221.32M
216.92M – 225.55M
+5.5% YoY
244.19M
239.34M – 248.85M
+10.3% YoY
EPS
1.99
est: 2.48 (-19.8%)
2.55
est: 2.56 (-0.3%)
2.79
2.68 – 2.93
+9.1% YoY
3.17
3.07 – 3.42
+13.6% YoY
3.48
3.39 – 3.56
+9.7% YoY
3.72
3.63 – 3.82
+7.1% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-05-11 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-05-08 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-05-07 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-05-06 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-05-05 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-05-04 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-04-30 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-04-29 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-28 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-27 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-24 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-23 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-22 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-21 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-20 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-17 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-16 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
98.84M
OE per share TTM
1.54
Owner's Yield
3.69%
Maintenance CapEx ratio
8.07%
Maint CapEx / Avg PPE
14.8%

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 96 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Global X Robo Global Robotics and Automation ETF ROBO.AX 1.06% 2.28M 0.69%
2 iShares MSCI Finland ETF EFNL 0.86% 2.12M 0.53%
3 UBS MSCI EMU Small Cap UCITS ETF EUR dis UEFD.DE 0.27% 2.02M 0.33%
4 iShares MSCI EMU Small Cap UCITS ETF CES1.L 0.27% 2.83M 0.58%
5 WisdomTree Europe Hedged Equity Fund HEDJ 0.24% 4.40M 0.58%
6 WisdomTree Europe Equity UCITS ETF - USD Hedged HEDJ.L 0.23% 260.3K 0.58%
7 WisdomTree Europe Equity UCITS ETF - USD Hedged Acc HEDK.L 0.23% 260.3K 0.58%
8 WisdomTree Europe Equity UCITS ETF - GBP Hedged HEDP.L 0.23% 348.1K 0.35%
9 WisdomTree Europe Equity UCITS ETF - EUR Acc WTDF.DE 0.23% 296.5K 0.32%
10 iShares International Developed Small Cap Value Factor ETF ISVL 0.22% 695.4K 0.31%

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
41.7K
Shares Outstanding
54.62M

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
Alf-Gunnar Karlgren President of Counter Balanced male
Arto Keskinen President of Horizontal Transportation male
Carina Geber-Teir Senior Vice President of IR, Marketing & Communications female
Hanna Reijonen Senior Vice President of Human Resources female
Sakari Ahdekivi Chief Financial Officer male
Sami Niiranen President & Chief Executive Officer male
Shushu Zhang President of Bromma female
Thomas Malmborg President of Services male
Thor Brenden President of Terminal Tractors male
Tommi Pettersson SVP of Strategy, Sustainability & Technology male
Ulla Bono SVP, General Counsel & Secretary to the Board female
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