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
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.
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