Mandatum stock
MANTA.HEHELMandatum Oyj, Financial ServicesISIN FI4000552526
50Score 50 out of 100, Neutral
Price and trend
45 / 100
Price history
−9.5% in one yearThe chart shows daily closes over 3 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 6.5% below it.
Since June 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 55).
The price is 21% below its 52-week high. Largest decline in 3 years: 27% (April 2026 to June 2026).
Chart figures for advanced users
- SMA 50$6.69
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$6.91
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)55
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$5.98
- The lowest closing price of the last twelve months.
- Resistance$8.21
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Mandatum Oyj belongs to the Financial (Conglomerates) industry (Finland) and, with a market value of $3.25B, is number 17 of 25 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $502.08M (up 1.4% year on year) and earnings of $172.86M (down 5.4%).
- MEQIRI Score 50 out of 100 (Neutral): rank 855 of 975 in Financial Services, median 68.
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- The P/E is 26.7 (Financial (Conglomerates) median 18.2, own median of recent years 13.6).
- Our model puts fair value at $6.38, with the price 1% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
None of our strength checks applies.
Weaknesses
- Revenue shrinkingRevenue down 22.6% a year since 2020.Growth 16
- Dividend not coveredPayouts over the last 12 months were 389% of earnings.Capital allocation 52
- Dividend at riskDividend yield 14.6%. At yields this high (12 to 15%), the dividend was cut by at least a fifth within a year in 44 of 100 cases from 2011 to 2025, against 7 of 100 at 2 to 4%.Capital allocation 52
Its standout strength is fundamentals, while technical analysis and growth hold the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 54 to 50.
The fundamentals are strong overall.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk low
How well MEQIRI warnsOne of the 30% with the lowest crash risk among smaller stocks.
From 2016 to 2025, 14 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What lowers it
- low growth grade (crashed less often in the backtest)
Valuation
Valuation signal
Fairly valuedIn our model the price counts as cheap below $4.91 and expensive above $9.12 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $8.37 (cash-flow model) and $4.40 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 7.6%. At 8.6% the fair value would be $5.64, at 6.6% it would be $7.50.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (18.2).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In fiscal 2025, revenue rose 1.4% on the prior year. Revenue has declined since 2020 (-23% per year), so it is worth watching closely.
Margins
- Operating margin
- Net margin
In fiscal 2025: operating 40%, net 34%. Banks and insurers have no gross margin, and their net margin is not comparable with other industries. The score leaves both out. Last 12 months: net 9%.
Debt & balance sheet
latest quarterFor banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.
Earnings
- Next earnings
- 11 Feb 2027in 90 days
- Last reported
- 10 Nov 2026EPS reported $0.07 (expected $0.07)below expectations
Analyst estimates
Analysts have cut their 2026 earnings estimate by 3.5% since 15 Oct 2026. Falling estimates often precede bad news.
- Earnings per share
- $0.28−3.5%
- Revenue
- $305.48M−2.4%
- Earnings per share
- $0.37−1.2%
- Revenue
- $350.45M−0.8%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
What happened at Mandatum
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
975 rated companies in Financial Services
- This company
- 50
- Sector median
- 68
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Financial (Conglomerates)
The next larger and next smaller companies by market value
- Authum Investment & InfrastructureAIIL.NS $5.3B70
- Guangzhou Yuexiu Financial Holdings Group000987.SZ $5.05B52
- Compagnie de l'OdetODET.PA $4.76B43
- BB BiotechBION.SW $3.63B69
- Financière MonceyFMONC.PA $2.16B41
- KinnevikKINV-B.ST $1.97B32
- Storskogen GroupSTOR-B.ST $1.96B61
- RatosRATO-B.ST $1.39B51
ETFs that hold Mandatum
Held by 28 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares EURO STOXX Small UCITS ETFIQQS | 0.95% | 0.40% | €407.46M |
| Amundi MSCI EMU Small Cap ESG Broad Transition UCITS ETF DISTLGWU | 0.66% | 0.40% | €580.62M |
| iShares STOXX Europe 600 Financial Services UCITS ETF (DE)EXH2 | 0.54% | 0.46% | €98.93M |
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| UBS MSCI EMU Small Cap UCITS ETF EUR disUEFD | 0.50% | 0.28% | €630.46M |
| iShares STOXX Europe Small 200 UCITS ETF (DE)EXSE | 0.42% | 0.20% | €632.25M |
| Ossiam Europe ESG Machine LearningOSX4 | 0.40% | 0.65% | €68.34M |
| Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF DistX026 | 0.37% | 0.23% | €321.86M |
| iShares Ageing Population UCITS ETF2B77 | 0.29% | 0.40% | €813.42M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = €0.9024)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 18 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.