Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Relais Group Oyj is a Finnish company operating primarily in the trading, distribution, and logistics of automotive electrical equipment and spare parts. As a key player in the capital goods sector, its main function is to facilitate the flow of specialized components and products to professional customers in the automotive aftermarket. Serving a wide network of clients across Europe, Relais Group Oyj connects manufacturers and end-users, ensuring efficient supply chain management and reliable product availability. Founded in 1996 and headquartered in Helsinki, the company has grown to become a significant distributor in its niche, leveraging partnerships and acquisitions to expand its reach and capabilities. Relais Group Oyj's activities support the maintenance, repair, and enhancement of vehicles, thereby underpinning the broader transportation and mobility industries. Its focus on trading and distribution places the company at the heart of automotive sector developments, addressing both commercial and technical operational needs for workshops, service providers, and industrial clients alike.
€13.90
€0.45 (-3.14%)
EOD Jul 2, 2026
Operating margin is thin at 7.84%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 18.8%, still solid. Margins contracted 2.2pp, which offsets some of the top-line progress.
Free cash flow declined 10% versus the prior year, cash generation momentum has weakened. ROIC dropped from 9.42% to 7.10%, capital efficiency is deteriorating.
17.8x earnings, 9.1x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (FY)
€383M
▲ +18.8% YoY
Net Income (FY)
€16M
▼ -15.3% YoY
Op. Margin
7.84%
▼ -2.2pp YoY
ROIC
7.10%
▼ -2.3pp YoY
Cash Flow & Balance Sheet
FCF (FY)
€29M
▼ -10.1% YoY
Op. Cash Flow (FY)
€32M
▼ -1.6% YoY
Net Debt
€197M
Cash & Equiv.
€34M
3Y CAGR: +13.7%
3Y CAGR: +2.0%
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At a P/E of 17.8 and a price-to-free-cash-flow of 9.1, Relais Group Oyj (RELAIS.XHEL) trades below a two-stage DCF intrinsic value of about €66.41 per share, so at €13.90 the stock looks undervalued (377.8% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Relais Group Oyj scores 60/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 3.5%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about €66.41 per share for RELAIS.XHEL, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around €49.81. At today's €13.90, that puts the stock about 377.8% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Relais Group Oyj scores 60 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 7.8% operating margin and a 7.1% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Relais Group Oyj pays a regular dividend of about €0.48 per share per year (typically in quarterly installments), a yield of roughly 3.5% at the current price. Relais Group Oyj has grown the dividend at roughly 15.1% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For RELAIS.XHEL's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. RELAIS.XHEL currently trades below its estimated intrinsic value and scores 60/100 on quality (solid). It also yields about 3.5%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.