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Makes weather, environmental and industrial measurement instruments and systems.
Makes weather, environmental and industrial measurement instruments and systems.
Sells measuring instruments and complete observation systems, with calibration, maintenance and software services earning repeat income from the installed base. National weather agencies buy through public tenders, so project timing is lumpy, while industrial and life-science customers reorder steadily.
Moat: narrow (IP / patents, installed base, process know-how). Long-standing precision-measurement expertise and installed base with national weather agencies.
Headquarters: Vantaa, Finland · Founded: 1936 · Employees: 2,465
Size Vaisala (VAIAS.HE) is a Finland Information Technology company (Electronic Equipment/Instruments) with a market value of $2.54B, the 20th largest of 65 Finland companies the cockpit tracks. Shares closed at €62.20 on 6 Nov 2026.
Performance Over six months the shares gained 22.2%, against -25.2% for the median peer and -2.9% for the Finland market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 1.9% over the last twelve months (peer median +11.0%); the operating margin is 16.3% (peer median 8.8%).
Valuation It trades at 26.9× forward earnings against a peer median of 19.8× (6th most expensive of 17).
Price implies For today's price to make sense, revenue must grow about 10% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is +0 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 15.4 points above its cost of capital (8.1% WACC).
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €614M | €597M | €565M | €540M | €514M |
| Revenue growth | — | +6% | +4% | +5% | — |
| Gross profit | €355M | €312M | €303M | €285M | €266M |
| EBITDA | €127M | €112M | €107M | €90.0M | €85.9M |
| Net income | €75.7M | €59.8M | €63.7M | €48.9M | €45.0M |
| Free cash flow | €102M | €69.0M | -€5.90M | €69.8M | €16.1M |
| Capital expenditure | €14.1M | €21.4M | €84.8M | €14.0M | €13.7M |
| Total debt | €97.2M | €107M | €130M | €62.1M | €63.5M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Vaisala VAIAS.HE | $2.54B | +22% | +2% | 16% | 26.9× | 9.7% |
| Thermo Fisher Scientific TMO | $257B | +50% | +8% | 19% | 25.8× | 20.9% |
| Honeywell Technologies HON | $69.8B | -1% | -17% | 18% | 23.2× | 4.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | VAIAS.HE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.6% | -11.6% | 4th highest of 21 |
| 6-month return | +22.2% | -25.2% | 3rd highest of 21 |
| Distance from 52-week high | -7.2% | -50.8% | highest of 21 |
| Revenue growth (TTM) | +1.9% | +11.0% | 6th lowest of 21 |
| Operating margin | 16.3% | 8.8% | 7th highest of 21 |
| Forward P/E | 26.9× | 19.8× | 6th most expensive of 17 |
| Growth the price implies (Req g, 7 yrs) | 9.7% | 14.1% | 5th least demanding of 14 |
| Growth delivered (Del g) | +9.5% | +13.5% | 5th lowest of 14 |
| Hurdle (Req g minus delivered) | +0.2 pp | -2.2 pp | 6th most demanding of 14 |
| ROIC minus cost of capital | +15.4 pp | -1.5 pp | 3rd highest of 21 |
| EV / EBITDA | 17.7× | 8.5× | 2nd most expensive of 6 |
| Net debt / EBITDA | -0.2× | -1.1× | 3rd most indebted of 6 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Vaisala VAIAS.HE | Finland | $2.54B | +22% | +2% | 16% | 26.9× | 9.7% | +9.5% |
| Dexerials 4980.T | Japan | $2.55B | -4% | +5% | 35% | 13.8× | 15.0% | +11.6% |
| Suzhou HYC Technology 688001.SS | China | $2.59B | -31% | +19% | 6% | 61.1× | 37.6% | +5.9% |
| Shenzhen CSL Vacuum Science & Technology 688785.SS | China | $2.62B | -21% | -2% | 18% | n/a | n/a | n/a |
| Ningbo Sanxing Medical Electric 601567.SS | China | $2.66B | -37% | -11% | 3% | 15.8× | 4.8% | +15.1% |
| Focuslight Technologies 688167.SS | China | $2.71B | -44% | +22% | -9% | 284.8× | n/a | n/a |
| Oxford Nanopore Technologies ONT.L | United Kingdom | $2.71B | +75% | +15% | -55% | n/a | n/a | n/a |
| Sineng Electric 300827.SZ | China | $2.35B | -25% | +29% | 12% | 24.7× | n/a | n/a |
| Kehua Data 002335.SZ | China | $2.81B | -41% | +5% | 5% | 31.4× | 16.7% | +14.4% |
| GeniuS Electronic Optical 3406.TW | Taiwan | $2.81B | +59% | +16% | 20% | 20.1× | 5.9% | +9.5% |
| Keli Sensing Technology (Ningbo) 603662.SS | China | $2.28B | -4% | +24% | 19% | 51.6× | 24.7% | +13.4% |
| Ginlong Technologies 300763.SZ | China | $2.98B | -47% | +4% | 11% | 19.2× | 10.0% | +27.2% |
| Shanghai Lingang 600848.SS | China | $3.00B | -9% | -26% | 15% | 19.4× | 12.9% | +15.1% |
| Addsino 000547.SZ | China | $3.02B | -49% | -6% | -54% | n/a | n/a | n/a |
| Syntec Technology 7750.TW | Taiwan | $3.15B | -46% | +60% | 25% | 13.2× | 17.2% | +24.3% |
| ULVAC 6728.T | Japan | $2.01B | -34% | +7% | 7% | 15.5× | 14.1% | +8.0% |
| GRG Banking Equipment 002152.SZ | China | $3.26B | -25% | 0% | 9% | 23.0× | 4.0% | +13.5% |
| Diebold Nixdorf DBD | United States | $1.96B | -25% | +6% | 9% | 10.5× | -2.0% | -0.5% |
| Goodwe Technologies 688390.SS | China | $1.93B | -51% | +53% | 5% | 17.1× | 17.4% | +41.2% |
| Shenzhen SEICHI Technologies 688627.SS | China | $3.37B | -24% | +65% | 3% | 89.1× | n/a | n/a |
| Shenzhen Everbest Machinery Industry 002980.SZ | China | $1.90B | -16% | +64% | 23% | n/a | n/a | n/a |