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Finland's largest construction company, building residential housing, business premises and infrastructure.
Finland's largest construction company, building residential housing, business premises and infrastructure.
Earns from selling the apartments it develops, to home buyers and to investors who buy whole buildings, and from contracts paid as work progresses for roads, rail and building projects. Housing sales swing with mortgage rates and buyer confidence, while infrastructure work is steadier.
Moat: narrow (scale, brand, installed base). Largest construction group in Finland with scale across residential, infrastructure and commercial segments.
Headquarters: Helsinki, Finland · Founded: 1912 · Employees: 4,052
Size YIT (YIT.HE) is a Finland Industrials company (Engineering & Construction) with a market value of $938M, the 36th largest of 65 Finland companies the cockpit tracks. Shares closed at €3.63 on 6 Nov 2026.
Performance Over six months the shares gained 44.8%, against -5.3% for the median peer and -2.9% for the Finland market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue grew 9.8% over the last twelve months (peer median +8.1%); the operating margin is 3.0% (peer median 7.0%).
Valuation It trades at 75.2× forward earnings against a peer median of 15.8× (2nd most expensive of 18).
Price implies For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is -11%, so the hurdle is +23 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 3.6 points below its cost of capital (7.0% WACC).
Credit YIT has 2 bonds outstanding ($278M).
Next results Next results expected around 5 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €1.89B | €1.76B | €1.82B | €2.16B | €2.40B |
| Revenue growth | — | -3% | -16% | -10% | — |
| Gross profit | €201M | €152M | €143M | €190M | €276M |
| EBITDA | €75.0M | €53.0M | -€39.0M | €10.0M | €98.0M |
| Net income | -€62.0M | -€32.0M | -€117M | -€2.00M | -€374M |
| Free cash flow | €79.0M | €15.0M | €62.0M | -€139M | -€268M |
| Capital expenditure | €4.00M | €3.00M | €7.00M | €4.00M | €5.00M |
| Total debt | €868M | €908M | €992M | €1.10B | €977M |
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 |
|---|---|---|---|---|---|---|
| YIT YIT.HE | $938M | +45% | +10% | 3% | 75.2× | 12.8% |
| Skanska SKA-B.ST | $12.1B | +16% | -6% | 4% | 17.1× | 8.3% |
| NCC NCC-A.ST | $1.69B | -3% | -17% | 3% | 22.2× | -1.6% |
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 | YIT.HE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -12.2% | -6.7% | 4th lowest of 21 |
| 6-month return | +44.8% | -5.3% | 2nd highest of 21 |
| Distance from 52-week high | -20.6% | -26.5% | 10th highest of 21 |
| Revenue growth (TTM) | +9.8% | +8.1% | 8th highest of 21 |
| Operating margin | 3.0% | 7.0% | 7th lowest of 21 |
| Forward P/E | 75.2× | 15.8× | 2nd most expensive of 18 |
| Growth the price implies (Req g, 7 yrs) | 12.8% | 0.1% | 4th most demanding of 12 |
| Growth delivered (Del g) | -10.6% | +4.7% | lowest of 12 |
| Hurdle (Req g minus delivered) | +23.4 pp | -3.6 pp | most demanding of 12 |
| ROIC minus cost of capital | -3.6 pp | -0.0 pp | 5th lowest of 18 |
| Net debt / EBITDA | 10.1× | -0.9× | most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| YIT YIT.HE | Finland | $938M | +45% | +10% | 3% | 75.2× | 12.8% | -10.6% |
| KEC International KEC.NS | India | $939M | -46% | -2% | 5% | 13.3× | n/a | n/a |
| Raito Kogyo 1926.T | Japan | $928M | -5% | +9% | 13% | 11.6× | -8.0% | +5.2% |
| Shenzhen Cheng Chung Design 002811.SZ | China | $949M | +48% | +28% | 13% | n/a | 9.1% | -6.2% |
| Galliford Try GFRD.L | United Kingdom | $925M | +31% | +3% | 3% | 14.5× | -0.8% | +11.4% |
| Sentia SNTIA.OL | Norway | $924M | +8% | +15% | 5% | 14.3× | -11.1% | +4.2% |
| LS Marine Solution 060370.KS | South Korea | $924M | -35% | +21% | 6% | 55.0× | n/a | n/a |
| Hubei Chutian Smart Communication 600035.SS | China | $918M | -1% | +34% | 9% | n/a | n/a | n/a |
| Shanghai Geoharbour Construction 605598.SS | China | $913M | -48% | +9% | -3% | 541.7× | n/a | n/a |
| JSTI 300284.SZ | China | $963M | -25% | -4% | 1% | 39.1× | 10.5% | -5.4% |
| RAIZNEXT 6379.T | Japan | $972M | +29% | +13% | 8% | 15.8× | -0.9% | +3.6% |
| GRK Infra GRK.HE | Finland | $903M | +30% | -7% | 8% | 10.0× | -1.5% | +24.6% |
| I.CO.P ICOP.MI | Italy | $901M | -6% | +138% | 11% | 17.1× | n/a | n/a |
| Taihei Dengyo Kaisha 1968.T | Japan | $899M | -22% | +19% | 11% | 11.2× | n/a | n/a |
| Kanadevia 7004.T | Japan | $979M | -23% | +8% | 2% | 6.3× | n/a | n/a |
| GR Engineering Services GNG.AX | Australia | $891M | +40% | +3% | 11% | 18.3× | 14.9% | +4.7% |
| Costain COST.L | United Kingdom | $890M | +30% | -6% | 5% | 16.5× | 0.1% | +1.3% |
| Ningbo Construction 601789.SS | China | $885M | -34% | +10% | 2% | n/a | n/a | n/a |
| Welspun Enterprises WELENT.NS | India | $995M | +29% | +1% | 19% | 22.3× | n/a | n/a |
| Acter Technology Integration 603163.SS | China | $997M | -32% | +1% | 11% | 28.4× | 18.6% | +22.2% |
| Shenzhen Tagen 000090.SZ | China | $883M | -11% | +1% | 0% | 7.7× | 13.8% | +5.6% |
YIT has 2 bonds outstanding with $278M face value.