Talenom Oyj (TNOM) Stock Overview
Provides accounting and other services for small and medium-sized enterprises in Finland, Sweden, Spain, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
TNOM Community Fair Values
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Analyst Price Targets
Talenom Oyj Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €1.16 |
| 52 Week High | €4.11 |
| 52 Week Low | €1.12 |
| Beta | 1.24 |
| 1 Month Change | -2.19% |
| 3 Month Change | -13.61% |
| 1 Year Change | -69.10% |
| 3 Year Change | -84.73% |
| 5 Year Change | -91.56% |
| Change since IPO | 2.83% |
Recent News & Updates
Narrative Update • Jun 03
TNOM: 2026 Earnings Guidance And Selective Acquisitions Will Support Upside Potential
Analysts have maintained their price target for Talenom Oyj at €2.90, citing largely unchanged views on fair value, discount rate and future P/E assumptions that together support a steady outlook for the stock’s valuation framework. What's in the News The Board of Directors proposed a total dividend of up to €0.05 per share for the financial year 2025, compared with €0.20 per share previously, with €0.03 per share to be paid after the AGM and a possible additional €0.02 per share at a later date at the Board's discretion.Narrative Update • May 13
TNOM: 2026 Guidance And Selective Acquisitions Will Support Dividend Recovery Potential
Analysts have maintained their €2.90 fair value estimate for Talenom Oyj, citing only modest shifts in the discount rate, revenue growth, profit margin and future P/E assumptions that do not materially alter their overall valuation view. What's in the News The Annual General Meeting on April 23, 2026, approved a dividend of €0.03 per share for the financial year 2025, with payment scheduled for May 5, 2026, to shareholders on record as of April 27, 2026 (AGM resolution).Narrative Update • Apr 24
TNOM: 2026 Guidance And Selective Acquisitions Will Support Dividend Recovery Potential
Analysts have reiterated their €2.90 price target for Talenom Oyj, noting only marginal adjustments in assumptions for the discount rate and forward P/E, while keeping fair value estimates effectively unchanged. What's in the News The Board of Directors proposed a maximum dividend of €0.05 per share for Talenom Plc, compared with €0.20 previously, with €0.03 per share planned after the Annual General Meeting and a possible additional €0.02 per share later at the Board's discretion (Key Developments).Narrative Update • Apr 08
TNOM: 2026 Guidance And Selective Acquisitions Will Support Upside Potential
Analysts have kept their €2.90 fair value estimate for Talenom Oyj unchanged, as a slightly higher discount rate and a modestly higher future P/E assumption are seen as offsetting factors in their valuation work. What's in the News Talenom Plc reaffirmed earnings guidance for 2026, estimating net sales of around €110 to €120 million.Recent updates
Narrative Update • Jun 03
TNOM: 2026 Earnings Guidance And Selective Acquisitions Will Support Upside Potential
Analysts have maintained their price target for Talenom Oyj at €2.90, citing largely unchanged views on fair value, discount rate and future P/E assumptions that together support a steady outlook for the stock’s valuation framework. What's in the News The Board of Directors proposed a total dividend of up to €0.05 per share for the financial year 2025, compared with €0.20 per share previously, with €0.03 per share to be paid after the AGM and a possible additional €0.02 per share at a later date at the Board's discretion.Narrative Update • May 13
TNOM: 2026 Guidance And Selective Acquisitions Will Support Dividend Recovery Potential
Analysts have maintained their €2.90 fair value estimate for Talenom Oyj, citing only modest shifts in the discount rate, revenue growth, profit margin and future P/E assumptions that do not materially alter their overall valuation view. What's in the News The Annual General Meeting on April 23, 2026, approved a dividend of €0.03 per share for the financial year 2025, with payment scheduled for May 5, 2026, to shareholders on record as of April 27, 2026 (AGM resolution).Narrative Update • Apr 24
TNOM: 2026 Guidance And Selective Acquisitions Will Support Dividend Recovery Potential
Analysts have reiterated their €2.90 price target for Talenom Oyj, noting only marginal adjustments in assumptions for the discount rate and forward P/E, while keeping fair value estimates effectively unchanged. What's in the News The Board of Directors proposed a maximum dividend of €0.05 per share for Talenom Plc, compared with €0.20 previously, with €0.03 per share planned after the Annual General Meeting and a possible additional €0.02 per share later at the Board's discretion (Key Developments).Narrative Update • Apr 08
TNOM: 2026 Guidance And Selective Acquisitions Will Support Upside Potential
Analysts have kept their €2.90 fair value estimate for Talenom Oyj unchanged, as a slightly higher discount rate and a modestly higher future P/E assumption are seen as offsetting factors in their valuation work. What's in the News Talenom Plc reaffirmed earnings guidance for 2026, estimating net sales of around €110 to €120 million.Narrative Update • Mar 25
TNOM: 2026 Guidance And Selective Acquisitions Will Support Upside Potential
Analysts have trimmed their price target for Talenom Oyj slightly to €2.90 from €2.95, citing updated assumptions for revenue growth, profit margins and future P/E multiples. What's in the News Board proposes a maximum dividend of €0.05 per share, compared with the previous €0.20, with €0.03 to be paid after the AGM and a maximum of €0.02 at a later date at the Board's discretion (Key Developments).Narrative Update • Mar 08
TNOM: 2026 Guidance And Demerger Execution Will Support Upside Potential
Analysts have trimmed their price target on Talenom Oyj from €3.43 to €2.95, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E levels. What's in the News The Board of Directors proposed that Talenom's Articles of Association will remain unchanged upon registration of the completion of the demerger, so no bylaw amendments are planned in connection with that step (Key Developments).Narrative Update • Feb 20
TNOM: Demerger And 2026 Profitability Guidance Will Support Future Upside Potential
Analysts have maintained their fair value estimate for Talenom Oyj at €3.43. The minor adjustments to the discount rate, margin and future P/E assumptions reflect only fine tuning of their valuation inputs rather than a change in the overall direction of the price target.Narrative Update • Feb 06
TNOM: Profitability Improvements And Demerger Will Support Future Upside Potential
Analysts have adjusted their price target for Talenom Oyj to reflect updated assumptions around the discount rate and future P/E, with the new fair value estimate holding at €3.43 per share. What's in the News The Board of Directors has proposed that Talenom's Articles of Association will remain unchanged upon registration of the completion of the demerger.Narrative Update • Jan 22
TNOM: Fair Value Will Be Supported By Improving Profitability And Demerger Plan
Analysts have lifted their price target for Talenom Oyj by roughly €0.28, reflecting updated assumptions on fair value, discount rate, revenue growth, profit margins and a slightly higher future P/E multiple. What's in the News Talenom issued earnings guidance for 2026, estimating net sales of around €110 million to €120 million, with net sales growth expected to be mainly organic and supported by acquisitions made during 2025 (Corporate Guidance).
New Narrative • Jan 21
Regulatory Digitalisation And ONE Talenom Model Will Transform Long Term Earnings Quality
Catalysts About Talenom Oyj Talenom Oyj is an accounting firm focused on serving SME customers with accounting, payroll and advisory services, supported by its Easor financial management software platform. What are the underlying business or industry changes driving this perspective?Narrative Update • Jan 06
TNOM: Fair Value Is Expected To Hold As Guidance Softens And Software Spin-Off Advances
Analysts have trimmed their price target on Talenom Oyj from €3.35 to €3.15, pointing to slightly more cautious assumptions on revenue growth, profit margins and discount rate, while longer term valuation multiples such as future P/E are kept broadly in line. What's in the News Talenom issued earnings guidance for 2026, estimating net sales of around €110 million to €120 million and indicating that net sales growth is expected to be mainly organic, with acquisitions made during 2025 supporting growth (Corporate guidance).Narrative Update • Dec 16
TNOM: Fair Value Is Expected To Persist As Spanish Software Expansion Progresses
Analysts have trimmed their price target on Talenom Oyj slightly to €3.35 from €3.50, citing modestly softer expectations for long term revenue growth, profit margins, and future valuation multiples. What's in the News Easor, the software business spun off from Talenom in early 2025, has launched its accounting software concept in Spain and begun distributing it to accounting firms outside the Talenom Group, expanding its market reach beyond internal use (Key Developments).Narrative Update • Dec 02
TNOM: Fair Value Expected To Hold As Software Expansion Advances In Spain
Analysts have maintained their fair value estimate for Talenom Oyj at €3.50 per share. They cited minor adjustments to profit margin and revenue growth expectations, which resulted in only a negligible revision to the price target.Narrative Update • Nov 18
TNOM: Fair Value Expected To Hold As Software Unit Expands In Spain
Analysts have reaffirmed their price target for Talenom Oyj at €3.50, citing stable growth projections and unchanged fair value expectations. This comes despite a slight adjustment in the discount rate and future P/E ratio.Narrative Update • Nov 03
TNOM: Increased Focus On Spanish Market Will Drive Long-Term Opportunities
Analysts have lowered their price target for Talenom Oyj from €3.70 to €3.50. This adjustment is due to more cautious revenue growth forecasts and a higher discount rate, despite improved profit margin expectations and a lower projected future price-to-earnings ratio.Narrative Update • Oct 20
Spain And Italy Expansion Will Unlock Future Market Potential
Analysts have lowered their fair value estimate for Talenom Oyj from €4.10 to €3.70. This change reflects updated assumptions about future revenue growth, profit margins, and valuation multiples.Analysis Article • Sep 20
Talenom Oyj (HEL:TNOM) Not Lagging Market On Growth Or Pricing
With a price-to-earnings (or "P/E") ratio of 28.1x Talenom Oyj ( HEL:TNOM ) may be sending bearish signals at the...Analysis Article • May 10
Talenom Oyj (HEL:TNOM) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable
Talenom Oyj ( HEL:TNOM ) shares have had a really impressive month, gaining 28% after a shaky period beforehand...Analysis Article • Apr 25
At €3.46, Is It Time To Put Talenom Oyj (HEL:TNOM) On Your Watch List?
Talenom Oyj ( HEL:TNOM ), is not the largest company out there, but it received a lot of attention from a substantial...Analysis Article • Apr 10
Talenom Oyj (HEL:TNOM) Takes On Some Risk With Its Use Of Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Mar 13
Should Shareholders Have Second Thoughts About A Pay Rise For Talenom Oyj's (HEL:TNOM) CEO This Year?
Key Insights Talenom Oyj to hold its Annual General Meeting on 19th of March Total pay for CEO Otto-Pekka Huhtala...Analysis Article • Feb 07
Talenom Oyj's (HEL:TNOM) Performance Is Even Better Than Its Earnings Suggest
Investors were underwhelmed by the solid earnings posted by Talenom Oyj ( HEL:TNOM ) recently. We have done some...Analysis Article • Feb 06
Talenom Oyj (HEL:TNOM) Stocks Pounded By 25% But Not Lagging Market On Growth Or Pricing
Talenom Oyj ( HEL:TNOM ) shareholders won't be pleased to see that the share price has had a very rough month, dropping...
New Narrative • Jan 16
Digitalization Will Unlock Opportunities With SMEs In Southern Europe
Legislative digitalization and e-invoicing mandates present growth opportunities for Talenom, potentially increasing revenue from SME digital platform adoption.Analysis Article • Dec 21
Talenom Oyj (HEL:TNOM) Is Reinvesting At Lower Rates Of Return
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...Analysis Article • Nov 29
Is Talenom Oyj (HEL:TNOM) A Risky Investment?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Analysis Article • Oct 29
The Price Is Right For Talenom Oyj (HEL:TNOM) Even After Diving 25%
Talenom Oyj ( HEL:TNOM ) shares have had a horrible month, losing 25% after a relatively good period beforehand. The...Analysis Article • Aug 23
Talenom Oyj (HEL:TNOM) Shares Could Be 22% Below Their Intrinsic Value Estimate
Key Insights Talenom Oyj's estimated fair value is €6.24 based on 2 Stage Free Cash Flow to Equity Talenom Oyj is...Analysis Article • Jul 20
These 4 Measures Indicate That Talenom Oyj (HEL:TNOM) Is Using Debt Extensively
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Mar 18
Talenom Oyj (HEL:TNOM) Is Paying Out A Larger Dividend Than Last Year
The board of Talenom Oyj ( HEL:TNOM ) has announced that it will be paying its dividend of €0.19 on the 26th of March...Analysis Article • Feb 29
Talenom Oyj (HEL:TNOM) Has Announced That It Will Be Increasing Its Dividend To €0.19
Talenom Oyj ( HEL:TNOM ) will increase its dividend from last year's comparable payment on the 26th of March to €0.19...Analysis Article • Feb 08
Some May Be Optimistic About Talenom Oyj's (HEL:TNOM) Earnings
The most recent earnings report from Talenom Oyj ( HEL:TNOM ) was disappointing for shareholders. While the headline...Analysis Article • Dec 21
Here's Why Talenom Oyj (HEL:TNOM) Has A Meaningful Debt Burden
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Shareholder Returns
| TNOM | FI Professional Services | FI Market | |
|---|---|---|---|
| 7D | 2.5% | 1.7% | 1.6% |
| 1Y | -69.1% | -32.1% | 30.8% |
Return vs Industry: TNOM underperformed the Finnish Professional Services industry which returned -32.2% over the past year.
Return vs Market: TNOM underperformed the Finnish Market which returned 30.1% over the past year.
Price Volatility
| TNOM volatility | |
|---|---|
| TNOM Average Weekly Movement | 6.1% |
| Professional Services Industry Average Movement | 4.7% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in FI Market | 8.0% |
| 10% least volatile stocks in FI Market | 3.2% |
Stable Share Price: TNOM has not had significant price volatility in the past 3 months compared to the Finnish market.
Volatility Over Time: TNOM's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1972 | 1,352 | Juho Ahosola | talenom.com/fi-fi/ |
Talenom Oyj provides accounting and other services for small and medium-sized enterprises in Finland, Sweden, Spain, and internationally. The company provides financial management software that automates reporting, integrates with banking systems, and provides real-time visibility into financial performance; bookkeeping, financial reporting, tax advisory, labor, and payroll services; and specialized tax advisory service. The company also provides accounting, sales invoicing, invoice payments, payroll, performance monitoring, care, financial management software, and enterprise report planning and reporting solutions.
Talenom Oyj Fundamentals Summary
| TNOM fundamental statistics | |
|---|---|
| Market cap | €53.04m |
| Earnings (TTM) | €2.86m |
| Revenue (TTM) | €109.11m |
18.5x
P/E Ratio0.5x
P/S RatioIs TNOM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TNOM income statement (TTM) | |
|---|---|
| Revenue | €109.11m |
| Cost of Revenue | €73.41m |
| Gross Profit | €35.70m |
| Other Expenses | €32.84m |
| Earnings | €2.86m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Aug 13, 2026
| Earnings per share (EPS) | 0.063 |
| Gross Margin | 32.72% |
| Net Profit Margin | 2.62% |
| Debt/Equity Ratio | 194.1% |
How did TNOM perform over the long term?
See historical performance and comparisonDividends
4.3%
Current Dividend Yield79%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/17 09:21 |
| End of Day Share Price | 2026/06/17 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Talenom Oyj is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Lepisto | Danske Bank |
| Emil Immonen | DNB Carnegie |
| Juha Kinnunen | Inderes Oy |