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.
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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.
Verkkokauppa.com Oyj is a leading Finnish online retailer specializing in consumer electronics, home technology, and leisure products. Founded in 1992 and headquartered in Helsinki's Jätkäsaari district, it pioneered online retail in Finland, operating an omnichannel model that integrates a robust e-commerce platform with four megastores in Helsinki, Oulu, Pirkkala, and Raisio, plus over 2,500 pickup locations nationwide. The company offers more than 70,000 products from over 1,000 manufacturers across 25 categories, including computers, mobile phones, appliances, bicycles, toys, grills, and pet supplies, complemented by over 250 private label brands. Verkkokauppa.com enhances customer experience through rapid delivery—often within an hour—installation, maintenance services, real-time availability, uncensored reviews, and a 32-day return policy, supported by advanced automation and robotics. Serving both consumers and businesses, it attracts around 75 million annual online visitors with a scalable model, employing approximately 600 professionals. Recognized as Finland's most popular and usable online store, it plays a pivotal role in accelerating retail digitalization. In 2024, revenue reached EUR 468 million.
€3.13
+€0.06 (+2.12%)
EOD Jul 2, 2026
Operating margin is thin at 3.65%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue up 12.5% YoY with margins expanding 3.2pp.
Even for strong businesses, today's 12x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
11.6x earnings, 8.9x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€534M
▲ +12.5% YoY
Net Income (TTM)
€12M
▲ +1642.1% YoY
Op. Margin
3.46%
▲ +3.2pp YoY
ROIC
20.23%
▲ +17.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€16M
▲ +68.9% YoY
Op. Cash Flow (TTM)
€16M
▲ +58.5% YoY
Net Debt
-€6M
Net Cash Position
Cash & Equiv.
€47M
3Y CAGR: -1.0%
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At a P/E of 11.6 and a price-to-free-cash-flow of 8.9, Verkkokauppa.com Oyj (VERK.XHEL) trades below a two-stage DCF intrinsic value of about €17.91 per share, so at €3.13 the stock looks undervalued (473.1% 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, Verkkokauppa.com Oyj scores 64/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. 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 €17.91 per share for VERK.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 €13.43. At today's €3.13, that puts the stock about 473.1% 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.
Verkkokauppa.com Oyj scores 64 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 3.5% operating margin and a 20.2% 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.
That depends on valuation and quality together, not either alone. VERK.XHEL currently trades below its estimated intrinsic value and scores 64/100 on quality (solid). 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.