Toivo Group Oyj

Capital Structure and Liquidity Toivo Group Oyj maintains a debt-to-equity ratio of 0.93, indicating a relatively balanced capital structure. The company holds 13.194 million euros in cash and equivalents, but its operating cash flow is negative at -3.607 million euros, suggesting reliance on financing for liquidity. The current ratio of 2.07 indicates the company can cover its short-term liabilities with its current assets [doc:TOIVO.HE-FinancialSnapshot]. ### Profitability and Returns The company's return on equity (ROE) is 5.8%, and its return on assets (ROA) is 2.53%. These figures are below the industry median for homebuilders, which typically report ROE in the 8-12% range and ROA in the 4-6% range. The net income of 4.273 million euros on 61.709 million euros in revenue yields a net margin of 6.92%, which is in line with the industry median of 7.0% [doc:TOIVO.HE-ValuationSnapshot]. ### Segments and Geographic Exposure Toivo Group Oyj operates primarily in Finland, with a small presence in Sweden through its subsidiary Toivo Sweden AB. The company's housing portfolio is concentrated in Finland, with no material revenue diversification reported in the financial snapshot. The company has approximately 1,200 apartments under development and 750 under construction, indicating a focus on domestic market expansion [doc:TOIVO.HE-Description]. ### Growth Trajectory The company's revenue growth is not explicitly stated in the financial snapshot, but the presence of a large number of apartments under development and construction suggests a forward-looking growth strategy. Analysts have assigned a mean price target of 1.20 euros, with a single "Buy" recommendation and no "Strong Buy" or "Hold" ratings, indicating cautious optimism [doc:TOIVO.HE-IRObservations]. ### Risk Factors The company faces medium liquidity risk due to its negative net cash position after subtracting total debt. The risk of dilution is assessed as low, with no near-term pressure expected. The company's capital structure includes 68.33 million euros in long-term debt, which could increase financial risk if interest rates rise or if the company's cash flow remains negative [doc:TOIVO.HE-RiskAssessment]. ### Recent Events No recent filings or transcripts are provided in the input data to indicate material changes in the company's operations or strategy. The company's financial snapshot reflects a stable but cautious financial position, with a focus on long-term property ownership and development [doc:TOIVO.HE-FinancialSnapshot].