TheScreener - Tokmanni Group Oyj (TOKMAN) Increased risk weighs on TOKMANNI GROUP, penalising its rating down to Neutral

Report

TheScreener

EUR 13.23 For Business Accounts Only

Increased risk weighs on TOKMANNI GROUP, penalising its rating down to Neutral

The independent financial analyst theScreener just lowered the general evaluation of TOKMANNI GROUP (FI), active in the Broadline Retailers industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as moderately risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Neutral. As of the analysis date October 29, 2021, the closing price was EUR 19.68 and its target price was estimated at EUR 18.70.

30/10/2021 6 EN

Underlying

Tokmanni Group Oyj

Tokmanni Group Oyj is a Finland-based company, which is primarily involved in the retail industry. The Company operates a retail chain with more than 150 stores in Finland. Tokmanni Group Oy's product assortment comprises approximately 25 000 active stock keeping units (SKU's) in six different product categories, such as home cleaning and personal care, groceries, clothing, tools and electrical equipment, leisure and home electronics, home and garden decoration. The home cleaning and personal care product category is divided into four subcategories: personal care, home care, household paper products, other products. The groceries product category is divided into six subcategories: beverages, snacks, cookies and candies, pet food and pet accessories, diet and nutrition, canned food, fresh food. The clothing product category includes mainly casual wear for daily use. The tools and electrical equipment product category includes various do-it-yourself goods, power, hand and other tools.

See profile

FI4000197934 Nasdaq Nordic Helsinki Finland

Provider

TheScreener

Empowering Investors

theScreener is the market leader for independent valuations of financial securities, equities, sectors and markets, and new funds. theScreener's ratings, analyses are used by leading banks, asset managers and financial portals. Approximately 10,000 workstations benefit from theScreener's services, with over millions of customer accounts actively analysed.

Worldwide coverage: theScreener analyses cover around 6'500 Stocks, i.e 95% of the world Market Capitalization. theScreener state of art: We provide
theScreener state of art: We provide easy to use and complete analyses over Stocks, including Fundamentals / Technical / Risk/ Peer / Alternatives analyses.
For Research Pool community, we provide twice a week around 500 new equity analyses. We produce analyses about equities which have been upgraded or downgraded.

See profile

Other Reports on these Companies

DnB Markets

Tokmanni (Buy, TP: EUR13.50) - Aisle of opportunity

We have upgraded Tokmanni to BUY (HOLD) and raised our target price to EUR13.5 (13.0). We believe the recent market reaction overly penalised Tokmanni, with a PEG of c0.6x offering a good entry point in one of the largest variety discounters in the Nordics. Although overall economic uncertainty has risen, we believe Tokmanni’s low exposure to cyclical demand supports sustained growth and continue to see higher margins through operational scaling. For Q1e, we are close to consensus and expect 2025 guidance to be maintained.

Free Trial

April 8, 2025 April 8, 2025 1 EN

DnB Markets

Tokmanni (Hold, TP: EUR13.00) - Fewer dollars on the bottom line

While LFL sales and traffic improved sequentially in Q4, we believe this was driven by extensive campaigns and uptake in consumables, with lower gross margins questioning the competitiveness of Tokmanni’s accretive margin range, particularly in Sweden. In our view, the broad profit guidance indicates a cautious outlook and low visibility. We have reduced our target price to EUR13 (14), having cut our 2025–2026e clean EPS by c6.5% on average, mostly on lower DollarStore gross margin projections, and reiterate our HOLD.

Free Trial

March 7, 2025 March 7, 2025 1 EN

DnB Markets

Tokmanni (Hold, TP: EUR14.00) - Neutral view intact

We expect a slightly positive Q4 (our sales estimate is slightly below consensus, but our clean EBIT is c3.5% above), as the company’s performance should reflect modestly better trading conditions and margin expansion. We reiterate our HOLD, but have raised our target price to EUR14 (12.5), following our more de-risked view of its 2025–2026e profit outlook, supported by the recently announced SPAR International licence agreement.

Free Trial

February 28, 2025 February 28, 2025 1 EN

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

AC ENERGY CORP (PH), a company active in the Alternative Electricity industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 4 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date April 8, 2022, the closing price was PHP 8.54 and its expected value was estimated at PHP 8.53.

Free Trial

April 9, 2022 April 9, 2022 1 EN

With a more favourable environment, VUKILE PROPERTY improves to Positive

VUKILE PROPERTY (ZA), a company active in the Real Estate Holding & Development industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date April 5, 2022, the closing price was ZAR 13.72 and its potential was estimated at ZAR 15.16.

Free Trial

April 6, 2022 April 6, 2022 1 EN

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of ROYAL BAFOKENG PLATINUM (ZA), active in the Platinum & Precious Metals industry. As regards its fundamental valuation, the title still shows 0 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date April 5, 2022, the closing price was ZAR 159.78 and its target price was estimated at ZAR 127.50.

Free Trial

April 6, 2022 April 6, 2022 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

Increased risk weighs on TOKMANNI GROUP, penalising its rating down to Neutral

Empowering Investors

Tokmanni (Buy, TP: EUR13.50) - Aisle of opportunity

Tokmanni (Hold, TP: EUR13.00) - Fewer dollars on the bottom line

Tokmanni (Hold, TP: EUR14.00) - Neutral view intact

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe