Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-7.65%
0%
-7.65%
6 Months
-3.03%
0%
-3.03%
1 Year
7.21%
0%
7.21%
2 Years
85.61%
0%
85.61%
3 Years
36.47%
0%
36.47%
4 Years
-11.66%
0%
-11.66%
5 Years
273.54%
0%
273.54%
Harvia Oyj for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
15.71%
EBIT Growth (5y)
13.64%
EBIT to Interest (avg)
10.51
Debt to EBITDA (avg)
1.01
Net Debt to Equity (avg)
0.34
Sales to Capital Employed (avg)
1.09
Tax Ratio
22.88%
Dividend Payout Ratio
57.82%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
26.83%
ROE (avg)
28.08%
Valuation key factors
Factor
Value
P/E Ratio
26
Industry P/E
Price to Book Value
5.79
EV to EBIT
19.00
EV to EBITDA
15.88
EV to Capital Employed
4.31
EV to Sales
3.79
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
22.68%
ROE (Latest)
22.50%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
Mildly Bullish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ
Jun'25
Mar'25
Change(%)
Net Sales
47.30
52.00
-9.04%
Operating Profit (PBDIT) excl Other Income
9.90
13.80
-28.26%
Interest
2.10
1.70
23.53%
Exceptional Items
-0.90
-0.00
Consolidate Net Profit
4.40
8.40
-47.62%
Operating Profit Margin (Excl OI)
172.90%
229.30%
-5.64%
USD in Million.
Net Sales
QoQ Growth in quarter ended Jun 2025 is -9.04% vs 1.96% in Mar 2025
Consolidated Net Profit
QoQ Growth in quarter ended Jun 2025 is -47.62% vs 55.56% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
175.20
150.50
16.41%
Operating Profit (PBDIT) excl Other Income
42.60
38.60
10.36%
Interest
4.30
3.40
26.47%
Exceptional Items
-2.80
-0.80
-250.00%
Consolidate Net Profit
24.20
23.30
3.86%
Operating Profit Margin (Excl OI)
207.90%
217.90%
-1.00%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 16.41% vs -12.70% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is 3.86% vs -17.08% in Dec 2023
About Harvia Oyj 
Harvia Oyj
Electronics & Appliances
Harvia Oyj is a Finland-based sauna and spa company. Its product and service offering is divided into five groups: sauna heaters, sauna rooms, control units, steam generators and spare parts, services and other products. Heaters comprise products for small, family and commercial saunas. Sauna rooms include infrared and steam rooms. Other products are comprised of spa modules, digital control units and various sauna accessories suitable for different sauna and spa cultures. Additionally, the Company offers a range of interior solutions from panelling boards to speakers and lighting. Harvia Oyj operates in China, Estonia, Finland and Russia. Its primary markets consist of Finland, Germany, Russia, Sweden and the United States. Clients mainly consist of retailers and wholesale customers, who sell products to builders and end customers.
Company Coordinates 
Company Details
Pl 12, Teollisuustie 1-7 , MUURAME None : 40950
Registrar Details






