Added to YB: 2026-05-19
Pitch date: 2026-05-15
HARVIA.HE [bullish]
Harvia Oyj
Author Info
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Company Info
Harvia Oyj designs, manufactures, and markets a range of sauna products worldwide. The company provides sauna heaters and rooms, infrared and steam saunas, steam showers, spa components, Scandinavian hot tubs, control units, heater stones, and sauna accessories; and sauna interior solutions, such as sauna benches, audio speakers, and lighting solutions.
Market Cap
EUR 717.6M
Pitch Price
N/A
Price Target
N/A
Dividend
2.01%
EV/EBITDA
16.37
P/E
26.49
EV/Sales
3.74
Sector
Leisure Products
Category
growth
Two Contrarian Buying Opportunities - Harvia Oyj
HARVIA.HE: Q1 organic growth 18.3% (>20% ex-ThermaSol) outpacing consumer peers (TSCO, HD, POOL). 45% organic ROIIC, market leader investing in growth. Major facility upgrade (7-10% Q sales) shifts rev to Q3/Q4 peak season w/ no lost sales. IT upgrade = one-off cost pressure now, productivity gains ahead not in estimates. Catalysts: replacement cycle, int'l expansion, Europe demand recovery, staycation trend. Target 19% CAGR.
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