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Kalmar OyjHLSE:KALMAR Stock Report

Market Cap €2.4b
Share Price
n/a
1Y7.2%
7D-6.4%
1D-1.0%
Portfolio Value
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Kalmar Oyj

HLSE:KALMAR Stock Report

Market Cap: €2.4b

Kalmar Oyj (KALMAR) Stock Overview

Provides heavy material handling equipment and services for ports, terminals, distribution centres, manufacturing, and heavy logistics industries in the Americas, Europe, Asia, the Middle East, and Africa. More details

KALMAR fundamental analysis
Snowflake Score
Valuation6/6
Future Growth3/6
Past Performance5/6
Financial Health5/6
Dividends3/6

KALMAR Community Fair Values

Create Narrative

See what 16 others think this stock is worth. Follow their fair value or set your own to get alerts.

Kalmar Oyj Competitors

Price History & Performance

Summary of share price highs, lows and changes for Kalmar Oyj
Historical stock prices
Current Share Price€37.86
52 Week High€51.15
52 Week Low€33.16
Beta0
1 Month Change-11.58%
3 Month Change-12.24%
1 Year Change7.19%
3 Year Changen/a
5 Year Changen/a
Change since IPO43.41%

Recent News & Updates

Narrative Update Jun 24

KALMAR: Electrification Orders And Aftermarket Upgrade Will Support Future Returns

Analysts have kept their price target for Kalmar Oyj steady at €47.0, citing small adjustments to assumptions for discount rate, revenue growth, profit margin and future P/E rather than any broad change in view on the company. What's in the News Kalmar Oyj secured an order from C.
Analysis Article Jun 18

Kalmar Oyj (HLSE:KALMAR) Stock Could Be 14% Undervalued After Rotterdam Electric Reachstacker Order

Kalmar Oyj (HLSE:KALMAR) stock is in focus after the company received an order for two electric reachstackers and related services from C. Steinweg in Rotterdam, highlighting demand for its electric and aftermarket offering. See our latest analysis for Kalmar Oyj. The latest contract win comes after a period where the 1 year total shareholder return for Kalmar Oyj is 24.60%. At the same time, the year to date share price return is slightly negative and recent 90 day share price performance...
Narrative Update Jun 10

KALMAR: Electrification And Shanghai Expansion Will Support Future Returns

Kalmar Oyj's analyst price target is reiterated at €47.0, with analysts pointing to largely unchanged fair value assumptions, along with slightly adjusted discount rate, margin and P/E inputs to reflect updated risk and profitability views. What's in the News Kalmar expanded its Shanghai manufacturing plant, centralising post-assembly work and adding capacity for EV assembly to support future production flexibility.
Narrative Update May 26

KALMAR: Electrification Rollout And Plant Expansion Will Support Long Term Returns

Analysts have trimmed their price target on Kalmar Oyj by €2.60 to €47.00, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News Completion of an expansion at Kalmar's Shanghai manufacturing plant in May 2026, aimed at optimising operations, centralising post-assembly work and providing capacity for future EV assembly across key global regions (Business expansion).

Recent updates

Narrative Update Jun 24

KALMAR: Electrification Orders And Aftermarket Upgrade Will Support Future Returns

Analysts have kept their price target for Kalmar Oyj steady at €47.0, citing small adjustments to assumptions for discount rate, revenue growth, profit margin and future P/E rather than any broad change in view on the company. What's in the News Kalmar Oyj secured an order from C.
Analysis Article Jun 18

Kalmar Oyj (HLSE:KALMAR) Stock Could Be 14% Undervalued After Rotterdam Electric Reachstacker Order

Kalmar Oyj (HLSE:KALMAR) stock is in focus after the company received an order for two electric reachstackers and related services from C. Steinweg in Rotterdam, highlighting demand for its electric and aftermarket offering. See our latest analysis for Kalmar Oyj. The latest contract win comes after a period where the 1 year total shareholder return for Kalmar Oyj is 24.60%. At the same time, the year to date share price return is slightly negative and recent 90 day share price performance...
Narrative Update Jun 10

KALMAR: Electrification And Shanghai Expansion Will Support Future Returns

Kalmar Oyj's analyst price target is reiterated at €47.0, with analysts pointing to largely unchanged fair value assumptions, along with slightly adjusted discount rate, margin and P/E inputs to reflect updated risk and profitability views. What's in the News Kalmar expanded its Shanghai manufacturing plant, centralising post-assembly work and adding capacity for EV assembly to support future production flexibility.
Narrative Update May 26

KALMAR: Electrification Rollout And Plant Expansion Will Support Long Term Returns

Analysts have trimmed their price target on Kalmar Oyj by €2.60 to €47.00, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News Completion of an expansion at Kalmar's Shanghai manufacturing plant in May 2026, aimed at optimising operations, centralising post-assembly work and providing capacity for future EV assembly across key global regions (Business expansion).
Narrative Update May 03

KALMAR: Electrification Orders And Leadership Transition Will Support Steady Long Term Returns

Analysts have nudged their price target for Kalmar Oyj slightly higher to €49.60 from €49.20, reflecting updated assumptions around discount rates, revenue growth, profit margins and forward P/E multiples. What's in the News Kalmar secured a major order from Maher Terminals in New Jersey for 30 hybrid straddle carriers, with delivery scheduled for the fourth quarter of 2026.
Narrative Update Apr 19

KALMAR: Electrification Orders And New Leadership Will Support Steady Long Term Returns

Analysts have kept their price target for Kalmar Oyj steady at €49.20. This reflects only marginal adjustments to discount rate, revenue growth, profit margin and future P/E assumptions that do not materially change their overall valuation view.
Narrative Update Apr 05

KALMAR: Electrification Orders And Margin Guidance Will Support Steady Long Term Returns

Analysts have reaffirmed their €49.20 price target for Kalmar Oyj, with only minor adjustments to the discount rate and long term P/E assumptions. This reflects a broadly unchanged view of the company’s valuation drivers.
Narrative Update Mar 21

KALMAR: Electrification Orders And Margin Guidance Will Support Attractive Long Term Returns

Analysts have kept their price target for Kalmar Oyj steady at €49.20, reflecting only minimal model tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions, rather than any shift in the core outlook. What's in the News New earnings guidance for 2026, with Kalmar Oyj expecting its comparable operating profit margin to be above 12.5% of sales.
Narrative Update Mar 07

KALMAR: Electrification And Margin Guidance Will Support Balanced Long Term Returns

Analysts have maintained their €49.20 price target for Kalmar Oyj, reflecting only marginal tweaks to model inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions, rather than a shift in their overall view of the shares. What's in the News Launch of the TT7 series terminal tractor for European port, yard, distribution and logistics operations, with three models at 70,000 kg, 85,000 kg and 95,000 kg GCW and lifting capacities up to 32,000 kg.
Narrative Update Feb 20

KALMAR: Service Agreements And Electrification Will Support Balanced Long Term Returns

Analysts have raised their price target on Kalmar Oyj from €45.8 to €49.2 after incorporating updated assumptions for revenue growth, profit margins, the discount rate and future P/E. They view these changes as better reflecting the company’s current outlook.
Analysis Article Feb 18

Earnings Update: Here's Why Analysts Just Lifted Their Kalmar Oyj (HEL:KALMAR) Price Target To €49.20

Investors in Kalmar Oyj ( HEL:KALMAR ) had a good week, as its shares rose 9.9% to close at €48.36 following the...
Analysis Article Feb 16

Kalmar Oyj (HEL:KALMAR) Has Announced That It Will Be Increasing Its Dividend To €1.10

The board of Kalmar Oyj ( HEL:KALMAR ) has announced that it will be increasing its dividend by 10% on the 13th of...
New Narrative Feb 06

Electrification And Services Expansion Will Reshape Long Term Earnings Power

Catalysts About Kalmar Oyj Kalmar Oyj supplies equipment, services and solutions for ports, terminals, distribution and heavy logistics customers worldwide. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 06

KALMAR: Service Agreements And Electrification Efforts Will Support Balanced Future Returns

The analyst price target for Kalmar Oyj has been revised from €42.80 to €45.80, with analysts pointing to updated assumptions for the discount rate, revenue growth, profit margin and future P/E as the key drivers of the change. What's in the News Kalmar signed a three-year Kalmar Complete Care service agreement with Yilport Oslo Terminal Investments AS, taking full responsibility for maintenance, spare parts and 24/7 technical support for equipment at Norway's largest container port.
Narrative Update Jan 22

KALMAR: Service Contracts And Electrification Initiatives Will Support Steady Profitability

Analysts have lifted their fair value estimate for Kalmar Oyj from €39.20 to €42.80, citing updated assumptions on discount rates, revenue growth, profit margins and a higher expected future P/E multiple. What's in the News Signed a three-year Kalmar Complete Care service agreement with Yilport Oslo, covering full maintenance responsibility for Norway's largest container port, including 24/7 technical support and spare parts logistics (Client Announcements).
New Narrative Jan 22

Tariffs And Electrification Pressures Will Challenge Margins And Limit Long Term Earnings Potential

Catalysts About Kalmar Oyj Kalmar Oyj provides equipment and services for ports, terminals, heavy logistics and industrial customers, including an expanding range of low emission and electric solutions. What are the underlying business or industry changes driving this perspective?
Analysis Article Jan 02

Is Kalmar Oyj (HEL:KALMAR) Trading At A 23% Discount?

Key Insights The projected fair value for Kalmar Oyj is €52.39 based on 2 Stage Free Cash Flow to Equity Kalmar Oyj is...
Analysis Article Dec 06

Returns on Capital Paint A Bright Future For Kalmar Oyj (HEL:KALMAR)

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Nov 08

Kalmar Oyj's (HEL:KALMAR) Solid Earnings Have Been Accounted For Conservatively

Shareholders appeared to be happy with Kalmar Oyj's ( HEL:KALMAR ) solid earnings report last week. This reaction by...
Analysis Article Nov 05

Kalmar Oyj Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

It's been a good week for Kalmar Oyj ( HEL:KALMAR ) shareholders, because the company has just released its latest...
Analysis Article Nov 01

We Think Kalmar Oyj (HEL:KALMAR) Can Stay On Top Of Its Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Narrative Update Oct 24

Hybrid Equipment Orders And Expanded Services Will Drive Global Port Efficiency Gains

Analysts have slightly lowered their price target for Kalmar Oyj from €39.80 to €39.20, citing modest revisions in profit margin and growth expectations. What's in the News Kalmar has secured an order for 14 hybrid AutoStrad machines from Patrick Terminals, to be delivered to Sydney AutoStrad terminal by the end of 2026 (Key Developments).
Narrative Update Oct 10

Automation And Sustainable Electrification Will Drive Global Port Optimization

Analysts have revised their price target for Kalmar Oyj downward from €41.40 to €39.80. They cite updated assessments of revenue growth and discount rates as key factors in the adjustment.
Narrative Update Sep 24

Automation And Sustainable Electrification Will Drive Global Port Optimization

Kalmar Oyj’s consensus price target has been revised downward, primarily reflecting a modest decrease in future P/E expectations, with fair value now set at €41.40. Valuation Changes Summary of Valuation Changes for Kalmar Oyj The Consensus Analyst Price Target has fallen slightly from €43.20 to €41.40.
Narrative Update Aug 20

Automation And Sustainable Electrification Will Drive Global Port Optimization

The upward revision in Kalmar Oyj's consensus price target primarily reflects a higher projected future P/E multiple, with the fair value estimate rising from €40.50 to €43.20. Valuation Changes Summary of Valuation Changes for Kalmar Oyj The Consensus Analyst Price Target has risen from €40.50 to €43.20.
Analysis Article Jul 28

Kalmar Oyj Just Recorded A 11% EPS Beat: Here's What Analysts Are Forecasting Next

Last week, you might have seen that Kalmar Oyj ( HEL:KALMAR ) released its quarterly result to the market. The early...
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New Narrative Jul 20

Container Challenges And Eco Orders Will Shape Long-Term Prospects

Slower-than-expected market growth and customer caution may limit revenue expansion and increase margin volatility amid ongoing global and industry uncertainties.
Analysis Article Jul 18

We Like These Underlying Return On Capital Trends At Kalmar Oyj (HEL:KALMAR)

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Jun 27

An Intrinsic Calculation For Kalmar Oyj (HEL:KALMAR) Suggests It's 32% Undervalued

Key Insights Using the 2 Stage Free Cash Flow to Equity, Kalmar Oyj fair value estimate is €51.58 Current share price...
Analysis Article May 30

These 4 Measures Indicate That Kalmar Oyj (HEL:KALMAR) Is Using Debt Reasonably Well

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article May 02

Kalmar Oyj Just Missed EPS By 13%: Here's What Analysts Think Will Happen Next

It's shaping up to be a tough period for Kalmar Oyj ( HEL:KALMAR ), which a week ago released some disappointing...
Analysis Article Mar 12

There May Be Reason For Hope In Kalmar Oyj's (HEL:KALMAR) Disappointing Earnings

Kalmar Oyj's ( HEL:KALMAR ) stock was strong despite it releasing a soft earnings report last week. However, we think...
Analysis Article Feb 11

Kalmar Oyj (HEL:KALMAR) Seems To Use Debt Quite Sensibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Jan 14

Kalmar Oyj's (HEL:KALMAR) Intrinsic Value Is Potentially 57% Above Its Share Price

Key Insights Using the 2 Stage Free Cash Flow to Equity, Kalmar Oyj fair value estimate is €47.52 Kalmar Oyj is...
Analysis Article Nov 03

Kalmar Oyj's (HEL:KALMAR) Price Is Out Of Tune With Revenues

With a median price-to-sales (or "P/S") ratio of close to 0.8x in the Machinery industry in Finland, you could be...
Analysis Article Oct 01

Are Investors Undervaluing Kalmar Oyj (HEL:KALMAR) By 48%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Kalmar Oyj fair value estimate is €56.19 Current share price...

Shareholder Returns

KALMARFI MachineryFI Market
7D-6.4%-1.8%0.1%
1Y7.2%13.3%29.1%

Return vs Industry: KALMAR underperformed the Finnish Machinery industry which returned 13.3% over the past year.

Return vs Market: KALMAR underperformed the Finnish Market which returned 29.1% over the past year.

Price Volatility

Is KALMAR's price volatile compared to industry and market?
KALMAR volatility
KALMAR Average Weekly Movement5.5%
Machinery Industry Average Movement6.4%
Market Average Movement4.8%
10% most volatile stocks in FI Market8.2%
10% least volatile stocks in FI Market3.1%

Stable Share Price: KALMAR has not had significant price volatility in the past 3 months compared to the Finnish market.

Volatility Over Time: KALMAR's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20245,290Sami Niiranenwww.kalmarglobal.com

Kalmar Oyj provides heavy material handling equipment and services for ports, terminals, distribution centres, manufacturing, and heavy logistics industries in the Americas, Europe, Asia, the Middle East, and Africa. It operates in two segments, Equipment and Services. The company offers reach stackers, forklift trucks, empty container handlers, terminal tractors, straddle carriers, and spreaders.

Kalmar Oyj Fundamentals Summary

How do Kalmar Oyj's earnings and revenue compare to its market cap?
KALMAR fundamental statistics
Market cap€2.42b
Earnings (TTM)€168.50m
Revenue (TTM)€1.76b
14.4x
P/E Ratio
1.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KALMAR income statement (TTM)
Revenue€1.76b
Cost of Revenue€1.31b
Gross Profit€456.50m
Other Expenses€288.00m
Earnings€168.50m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 22, 2026

Earnings per share (EPS)2.63
Gross Margin25.89%
Net Profit Margin9.56%
Debt/Equity Ratio30.1%

How did KALMAR perform over the long term?

See historical performance and comparison

Dividends

2.9%
Current Dividend Yield
42%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/26 23:30
End of Day Share Price 2026/06/26 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Kalmar Oyj is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan MounseyBNP Paribas
Andreas KoskiBNP Paribas
Panu LaitinmäkiDanske Bank