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Added to YB: 2026-02-05

Pitch date: 2026-02-02

TOKMAN.HE [neutral]

Tokmanni Group Oyj

+4.35%

current return

Author Info

No bio for this author

Company Info

Tokmanni Group Oyj operates as a variety discount retailer in Finland, Sweden, and Denmark. It offers beauty care and cleaning, health and well-being, and cosmetics products; laundry and clothing care, clear-out, and home washing, cleaning, and storage products, as well as toilet paper, kitchen paper, and handkerchiefs; shoes for women, men, and children; clothing and accessories for women, men, and children; wallets, training bags, backpacks, and rain gears; and reflectors, including reflective strips, hanging reflectors, and reflective vests and harnesses.

Market Cap

EUR 449.9M

Pitch Price

EUR 7.70

Price Target

N/A

Dividend

8.85%

EV/EBITDA

6.34

P/E

12.99

EV/Sales

0.80

Sector

Broadline Retail

Category

turnaround

Show full summary:
Tokmanni Group - Turnaround or value trap?

TOKMAN.HE (overview): Nordic discount retailer struggling with Dollarstore integration - Finnish core strong but Swedish ops dragged Q3 EBIT to €1.1M vs €5.1M prior. 3.6x net debt/EBITDA vs 2.25x target creates asymmetric downside risk. €21.7M synergies realized YTD but customer traffic -4.9%. Trading 13x EV/EBIT 2026e, €6-8 price target. Turnaround potential if integration succeeds & debt reduces, but high leverage limits upside until proven.

Read full article (6 min)