Wellness and RecoveryHome ImprovementConsumer Electronics
Description
Harvia Oyj (Harvia) offers development and production of sauna and spa equipment. Harvia has become a distinguished name in the wellness industry by combining innovative technologies with traditional practices.
Business Segments
Harvia’s operations…
Analysis
Beloved champion
Harvia Oyj sits in the top corner of our grid: excellent business, premium price; every investor already knows the story. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is expensive. The owner-earnings multiple stands at 39.8×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 15% a year, against analyst forecasts of 13%. The price, in other words, assumes less than the experts do.
Growth is moderate; the safety picture is adequate. The company scores 14/20 on our value-creation score: strong value creator.
Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202321
37
2023202420252026
All-time high
65
Mar 2026
All-time low
14
Jan 2024
Average rank
38
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
14
13
13
11
Price/Earnings
28
18
17
17
Price/Book
19
7
10
7
Dividend Yield
51
40
46
59
Value (overall)
21
11
11
15
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.