Why Inderes stock moves
Inderes rose, while the Helsinki market fell slightly.
Written after the close on ·
Why today
20,421 news analyzed todayInderes rose, while the Helsinki market fell slightly.
The CEO's small share purchase that day is unlikely to explain the move on its own.
Over the last five trading days, Inderes rose slightly and moved more than the market, which also rose slightly.
Trading was thin, well below its usual level.
The share trades near its highest level of the past year.
Today's move of +1.52% was 1.7 times a normal day's 0.9%. OMX Helsinki 25 moved −0.52% on the same day.
Inderes +1.52%OMX Helsinki 25 −0.52%Against the market
Has the share price followed the business?
Price and earnings moved in the same direction: 3 out of 3 years. Across Nordic companies, that happens in about 60% of years. In 2025, the price changed −21% and earnings per share −54%.
Revenue, profit and market cap
RevenueProfitMarket capm EUR
Assets, liabilities and market cap
AssetsLiabilitiesMarket capm EUR
Price and earnings moved in the same direction: 3 out of 3 years.Market cap (Now): 29.3 m EURRevenue 2025: 19.1 m EUR
What the key figures say about Inderes
The figures connect what Inderes earns with what investors pay.
The line shows the share price in the same year, on its own scale.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: 0.05 EUR–0.26 EUR. Peers: Athanase Innovation -2.32 SEK, Qliro -0.71 SEK, Hvidbjerg Bank 17.88 DKK.
What the company sold during the year.
2022–2025: 13.5 m EUR–19.1 m EUR. Peers: Athanase Innovation 25.4 m SEK, Qliro 374 m SEK, Hvidbjerg Bank 138 m DKK.
The percentage of revenue left after the costs of running the business.
2022–2025: 4.5%–6.4%. Peers: Qliro −0.5%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: 1.2%–7.1%. Peers: Athanase Innovation −14.0%, Qliro −2.0%, Hvidbjerg Bank 9.6%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 76.5–390.0. Peers: Hvidbjerg Bank 10.3.
What investors pay for each unit the company sells.
2022–2025: 1.44–3.18. Peers: Athanase Innovation 11.84, Qliro 2.10, Hvidbjerg Bank 2.23.
Money paid to shareholders per share, summed by calendar year.
2022–2025: 0.80 EUR–0.87 EUR.
The ordinary yearly dividend as a percentage of the share price.
2022–2025: 3.1%–5.5%. Peers: Athanase Innovation 0.0%, Qliro 0.0%, Hvidbjerg Bank 0.0%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: -1.10–-0.21.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 4.63–5.49. Peers: Athanase Innovation 0.84, Qliro 1.29, Hvidbjerg Bank 0.99.
Market cap plus net debt, divided by operating earnings. This includes debt.
2022–2025: 29.6–56.1.
Cash left after investments, divided by the number of shares.
2022–2025: 0.53 EUR–1.66 EUR.
The percentage of assets financed by shareholders’ equity.
2022–2025: 41.1%–46.9%.
The dividend explained
A dividend is money paid to shareholders. Inderes paid 0.45 EUR per share in the twelve months through November 6, 2026.
On the ex-dividend day, October 21, 2026, Inderes traded without the right to the 0.23 EUR dividend. The price went from 16.75 EUR to 16.90 EUR; including the dividend, the day's change was +2.3%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2022: 0.80 EUR2023: 0.82 EUR2024: 0.85 EUR2025: 0.87 EUR2026 so far: 0.45 EUR
People on the board and in management must report their trades in the share, and the company publishes them. May 7: Buy about 8 thousand EUR. May 5: Buy about 8 thousand EUR.
More about Inderes
Insider trades
People on the board and in management must report their trades in the share, and the company publishes them.
- Mikael Rautanen, CEOBuyabout 8 thousand EUR
- Mikael Rautanen, CEOBuyabout 8 thousand EUR
Earnings report
On its last 13 report days Inderes usually moved about 1.6%. On a normal day it moves 0.9%.
−2.65% Why? +1.46% +2.56% −0.93%
10,000 EUR in Inderes bought on October 11, 2021 is worth 4,540 EUR today, with dividends reinvested.
The same amount in OMX Helsinki with dividends would have become 13,100 EUR.
What would 10,000 EUR in Inderes be worth today? →
What would 10,000 EUR in Inderes be worth today?
4,540 EUR
with dividends reinvested, bought on October 11, 2021. The same amount in OMX Helsinki with dividends would have become 13,100 EUR.
At worst it was worth 3,860 EUR (March 26, 2026).
The five biggest days of the journey
· +15.1% · the whole market rose 0.2% the same day
· +13.1% · the whole market rose 2.1% the same day
· +9.6% · the whole market fell 1.4% the same day
· −9.2% · the whole market fell 0.5% the same day
· +7.8% · the whole market rose 0.9% the same day
Earlier days
+1.52% market +0.50% Inderes rose slightly over the week, moving more than the broader Helsinki market, which also edged up. Read →
Inderes rose slightly over the week, moving more than the broader Helsinki market, which also edged up.
The shares climbed clearly on the last session, while the market slipped.
Likely drivers were the CEO's share purchase on 6 November and the completed share buyback reported on 3 November.
Trading was thin and the shares remain near their one-year high.
+1.85% market +1.62% Inderes rose after announcing a new share buyback programme. Read →
Inderes rose after announcing a new share buyback programme.
The market also rose sharply over the same day, so the move mostly matched the market.
The new buyback, which the company said is a tool to grow shareholder value, likely added some support.
Over the last five trading days the shares were roughly unchanged, while OMX Helsinki 25 rose slightly, so Inderes moved a little less than the market.
−0.92% market −0.39% Inderes fell clearly without a company-news explanation. Read →
Inderes fell clearly without a company-news explanation.
Over the same session, OMX Helsinki 25 fell slightly, so Inderes dropped more than the index.
Over the last five trading days, Inderes fell clearly, moving in line with the OMX Helsinki 25, which also fell clearly.
That is a big move for Inderes, about twice its usual five-day swing.
The concluded share buyback programme was announced in the last session, but a buyback that has ended is background rather than a likely cause of the drop.
−1.20% market −1.25% Inderes fell in line with the market. Read →
Inderes fell in line with the market.
No company news from that session explains the move.
Over the last five trading days, Inderes was roughly flat, as was the Helsinki market.
Earlier this week, the company reported stronger third-quarter revenue and profit, and raised its full-year revenue guidance, the outlook it gives for the year ahead.
Trading was lighter than usual, so the move reflects a quiet market rather than heavy selling.
+0.30% market +0.22% Inderes Oyj was roughly flat over the week, while the OMX Helsinki 25 index was also roughly flat. Read →
Inderes Oyj was roughly flat over the week, while the OMX Helsinki 25 index was also roughly flat.
Its third-quarter report on 27 October showed revenue up 11% and a stronger profit margin (EBITA, a measure of operating profit before depreciation), which likely supported the shares early in the week.
The stock fell clearly in the last session, moving in line with the broader market.
Trading was well below its usual level.
+0.91% market +0.16% Inderes rose slightly without a company-news explanation. Read →
Inderes rose slightly without a company-news explanation.
Over the same day the OMX Helsinki 25 was roughly flat, so the stock moved while the market did not.
Over the last five trading days Inderes rose slightly, in line with the market.
The move was an ordinary one for Inderes, and trading volume was well below its usual level.
The shares sit near their highest close of the past year, set in mid-August.
−2.65% market −0.14% Inderes fell, while the Helsinki market was roughly flat. Read →
Inderes fell, while the Helsinki market was roughly flat.
The Q3 2026 report, published that morning, showed revenue up 11% and a higher profit margin.
It also raised full-year guidance (the company's own sales and profit outlook).
The shares traded without their dividend last week, which took about that amount off the quoted price.
Over the last five trading days, Inderes was roughly unchanged, as was the market.
+3.34% market +1.83% Inderes rose very sharply. Read →
Inderes rose very sharply.
Inderes rose sharply in the last session while OMX Helsinki 25 also rose sharply, so Inderes outpaced the index.
The move was very big for Inderes, about four times a normal day, and similar moves happened roughly eight times in the past year.
Its latest close is near the highest of the past year, reached in mid August, and well above the low from late March.
The company's own share buyback, which buys back its shares on the market, ran through this week, but the buyback alone does not explain the rise.
−0.60% market −0.38% Inderes fell slightly, with no company news explaining it. Read →
Inderes fell slightly, with no company news explaining it.
Over the same day, OMX Helsinki 25 fell slightly, so Inderes moved more than the market.
The shares traded without their dividend earlier this week, which took about that amount off the quoted price.
The move was an ordinary one for Inderes, on trading well above its usual level.
Over the last five trading days, Inderes fell slightly while the market fell clearly, so it held up better.
−1.60% market −3.27% Inderes edged lower over the last five trading days, falling less than the broader Helsinki market, which dropped clearly. Read →
Inderes edged lower over the last five trading days, falling less than the broader Helsinki market, which dropped clearly.
The main company news was a change in its finance leadership: CFO Mikko Wartiovaara is leaving at year-end, and Krista Monto will act as interim CFO from January.
The shares traded without their dividend earlier this week, which took about that amount off the quoted price.
−2.07% market −1.41% Inderes fell sharply, with no company news explaining it. Read →
Inderes fell sharply, with no company news explaining it.
Over the last five trading days it was roughly unchanged, slightly outperforming a small market decline.
Over the same days the OMX Helsinki 25 fell clearly, so Inderes moved in line with the market in the last session.
The market's broad drop likely drove the move.
+2.30% market +0.61% Inderes rose sharply, with no clear company news explaining it. Read →
Inderes rose sharply, with no clear company news explaining it.
Over the same day, OMX Helsinki 25 rose only slightly, so Inderes moved more than the market.
Over the last five trading days, Inderes rose slightly while the market fell clearly, so it moved against the market.
Trading was well below its usual level, so the move came on thin volume.
Learn more · Why do stocks go up and down?