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Tulikivi Oyj (TULAV.HE)

EUR0.54 +0.01 (+1.49%)
FI HEL Basic Materials Construction Materials
Address Kuhnustantie 83900
Juuka, FI
CEO Heikki Vauhkonen
IPO 2000-01-03
ISIN FI0009900583

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Description

Tulikivi Corporation manufactures and sells fireplaces, sauna heaters, and interior stone products in Finland, the United States, and rest of Europe. The company offers heat-retaining and convection fireplaces. It also provides electric sauna and wood burning heaters, as well as sauna control panel and smoke sauna heaters. In addition, the company offers soapstone tiles. Tulikivi Corporation was founded in 1893 and is headquartered in Juuka, 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
EUR0.54 +0.01 (+1.49%)
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Volume Profile
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Liquidity & share structure
Average Volume
46.0K
Beta
0.19
Float Shares
50.55M
Free Float %
84.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.36% -4.92% +1.75% +12.84% +30.63% +16.00% +21.34% +13.50% +76.29% +205.26% -25.26%
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
0.54
DCF (Unlevered) 2.14 +292.9%
DCF (Levered) 1.63 +200.2%

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) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.71
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Construction Materials: +2.8%
    -11.4% Q1'26: +5.0% (vs Q1'25)
  • EPS growth Construction Materials: +14.1%
    -201.0% Q1'26: -21.9% (vs Q1'25)
  • FCF margin FCF growth · Construction Materials: +32.9%
    +1.0% Q1'26: -15.9% (vs Q1'25)
  • EBIT margin Construction Materials: +9.5%
    -2.7% Q1'26: -14.3% (vs Q1'25)
  • ROIC Construction Materials: +5.1%
    -2.8% Q1'26: -15.5% (vs Q1'25)
  • Share dilution Construction Materials: +0.0%
    -8.0% Q1'26: +0.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Construction Materials: 0.56×
    6.19× Q1'26: -6.67× (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 (0.18) × ERP
WACC = 74% × Ke + 26% × Kd (6.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 2.14 Current price: 0.54
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 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
44.29M
est: 43.40M (+2.0%)
46.47M
est: 46.60M (-0.3%)
33.30M
est: 34.34M (-3.0%)
29.50M
est: 29.52M (-0.1%)
30.09M
30.09M – 30.09M
+1.9% YoY
31.70M
31.70M – 31.70M
+5.3% YoY
33.16M
33.16M – 33.16M
+4.6% YoY
34.48M
34.48M – 34.48M
+4.0% YoY
EBITDA
6.74M
est: 6.13M (+10.1%)
7.13M
est: 6.58M (+8.3%)
5.00M
est: 4.56M (+9.7%)
1.90M
est: 3.92M (-51.5%)
3.99M
3.99M – 3.99M
+1.9% YoY
4.21M
4.21M – 4.21M
+5.3% YoY
4.40M
4.40M – 4.40M
+4.6% YoY
4.58M
4.58M – 4.58M
+4.0% YoY
EBIT
4.67M
est: 3.55M (+31.6%)
5.53M
est: 3.81M (+44.9%)
2.20M
est: 2.37M (-7.1%)
-800.0K
est: 2.04M (-139.3%)
2.08M
2.08M – 2.08M
+1.9% YoY
2.19M
2.19M – 2.19M
+5.3% YoY
2.29M
2.29M – 2.29M
+4.6% YoY
2.38M
2.38M – 2.38M
+4.0% YoY
Net Income
4.83M
est: 4.18M (+15.5%)
3.76M
est: 4.18M (-10.0%)
1.18M
est: 1.10M (+7.5%)
-1.10M
est: -706.4K (-55.7%)
342.9K
342.9K – 342.9K
+148.5% YoY
1.38M
1.38M – 1.38M
+303.5% YoY
1.86M
1.86M – 1.86M
+34.5% YoY
2.06M
2.06M – 2.06M
+10.8% YoY
SGA
7.32M
est: 8.20M (-10.7%)
19.14M
est: 8.80M (+117.5%)
1.38M
est: 6.49M (-78.7%)
4.80M
est: 5.58M (-13.9%)
5.69M
5.69M – 5.69M
+1.9% YoY
5.99M
5.99M – 5.99M
+5.3% YoY
6.26M
6.26M – 6.26M
+4.6% YoY
6.51M
6.51M – 6.51M
+4.0% YoY
EPS
0.08
est: 0.07 (+15.4%)
0.06
est: 0.07 (-10.0%)
0.02
est: 0.02 (-1.0%)
-0.02
est: -0.01 (-55.7%)
0.01
0.01 – 0.01
+148.5% YoY
0.03
0.03 – 0.03
+303.5% YoY
0.03
0.03 – 0.03
+34.5% YoY
0.04
0.04 – 0.04
+10.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-05-07 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-05-06 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-05-05 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-05-04 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-04-30 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-29 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-28 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-27 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-24 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-23 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-22 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-21 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-20 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-17 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5
2026-04-16 C+ 2/5 5/5 1/5 1/5 1/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
629.4K
OE per share TTM
0.01
Owner's Yield
1.75%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
22.5%

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

This company is not held by any ETF in our universe.

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
-3.7K
Shares Outstanding
59.75M

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
Heikki Vauhkonen Chief Executive Officer, MD & Director 289.3K male
Markku Rönkkö Secretary 6.3K male
Erkki Kuronen Managing Director of Nordic Talc Oy male
Jouko Toivanen Director of Finance & Administration male
Markku Prättälä Sales Director of Finland male
Mikko Kuoppa Head of the Sauna Business 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