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Harvia Oyj
OMXH:HARVIA

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Harvia Oyj
OMXH:HARVIA
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Price: 36.3 EUR -1.89%
Market Cap: €678.4m

Operating Margin

19.3%
Current
Declining
by 1.3%
vs 3-y average of 20.5%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
19.3%
=
Operating Income
€38.3m
/
Revenue
€198.9m

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
19.3%
=
Operating Income
€38.3m
/
Revenue
€198.9m

Peer Comparison

Country Company Market Cap Operating
Margin
FI
Harvia Oyj
OMXH:HARVIA
691.5m EUR
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JP
Bandai Namco Holdings Inc
TSE:7832
2.7T JPY
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US
Hasbro Inc
NASDAQ:HAS
14B USD
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JP
Shimano Inc
TSE:7309
1.4T JPY
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UK
Games Workshop Group PLC
LSE:GAW
5.9B GBP
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US
Acushnet Holdings Corp
NYSE:GOLF
6B USD
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CA
BRP Inc
TSX:DOO
7.3B CAD
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CN
Zhejiang CFMoto Power Co Ltd
SSE:603129
36.8B CNY
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US
Brunswick Corp
NYSE:BC
5.4B USD
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US
Mattel Inc
NASDAQ:MAT
5.1B USD
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IT
Technogym SpA
MIL:TGYM
3.7B EUR
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Market Distribution

Higher than 87% of companies in Finland
Percentile
87th
Based on 625 companies
87th percentile
19.3%
Low
-41 526.1% — 1.5%
Typical Range
1.5% — 10.8%
High
10.8% — 59.4%
Distribution Statistics
Finland
Min -41 526.1%
30th Percentile 1.5%
Median 5.5%
70th Percentile 10.8%
Max 59.4%

Harvia Oyj
Glance View

Harvia Oyj engages in the manufacture of sauna and spa products. The company is headquartered in Muurame, Lansi-Suomen and currently employs 824 full-time employees. The company went IPO on 2018-03-22. 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.

HARVIA Intrinsic Value
37.64 EUR
Undervaluation 4%
Intrinsic Value
Price
H
What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
19.3%
=
Operating Income
€38.3m
/
Revenue
€198.9m
What is Harvia Oyj's current Operating Margin?

The current Operating Margin for Harvia Oyj is 19.3%, which is below its 3-year median of 20.5%.

How has Operating Margin changed over time?

Over the last 3 years, Harvia Oyj’s Operating Margin has decreased from 20.7% to 19.3%. During this period, it reached a low of 18.7% on Sep 30, 2025 and a high of 22.2% on Mar 31, 2024.

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