Shareholders might have noticed that Tokmanni Group Oyj (HEL:TOKMAN) filed its quarterly result this time last week. The early response was not positive, with shares down 8.9% to €6.76 in the past week. Revenues came in at €458m, in line with estimates, while Tokmanni Group Oyj reported a statutory loss of €0.44 per share, well short of prior analyst forecasts for a profit. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
After the latest results, the five analysts covering Tokmanni Group Oyj are now predicting revenues of €1.81b in 2026. If met, this would reflect a credible 2.6% improvement in revenue compared to the last 12 months. Per-share earnings are expected to leap 19,527% to €0.67. Yet prior to the latest earnings, the analysts had been anticipated revenues of €1.81b and earnings per share (EPS) of €0.64 in 2026. So the consensus seems to have become somewhat more optimistic on Tokmanni Group Oyj's earnings potential following these results.
Check out our latest analysis for Tokmanni Group Oyj
The consensus price target was unchanged at €7.15, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. Currently, the most bullish analyst values Tokmanni Group Oyj at €7.40 per share, while the most bearish prices it at €7.00. This is a very narrow spread of estimates, implying either that Tokmanni Group Oyj is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. It's pretty clear that there is an expectation that Tokmanni Group Oyj's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 5.2% growth on an annualised basis. This is compared to a historical growth rate of 11% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 10% per year. Factoring in the forecast slowdown in growth, it seems obvious that Tokmanni Group Oyj is also expected to grow slower than other industry participants.
The Bottom Line
The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Tokmanni Group Oyj following these results. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for Tokmanni Group Oyj going out to 2028, and you can see them free on our platform here..
However, before you get too enthused, we've discovered 4 warning signs for Tokmanni Group Oyj (1 shouldn't be ignored!) that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.