Talenom Oyj (TNOM) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Talenom Oyj stock €1.12, price €1.13, that is 0.7% below the price, quality 51 out of 100. Rating: fairly valued. Calculated from audited financials with 22 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range €1.05 – €15.16 · fair‑value band €1.04 – €1.24 · the €1.13 price screens above the €1.12 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
Follow Talenom in your weekly email
Every Wednesday you see whether Talenom is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Talenom Oyj provides accounting and other services for small and medium-sized enterprises in Finland, Sweden, Spain, and internationally.
Show moreShow less
The company provides financial management software that automates reporting, integrates with banking systems, and provides real-time visibility into financial performance; bookkeeping, financial reporting, tax advisory, labor, and payroll services; and specialized tax advisory service.
The company also provides accounting, sales invoicing, invoice payments, payroll, performance monitoring, care, financial management software, and enterprise report planning and reporting solutions. The company was founded in 1972 and is based in Oulu, Finland.
Stock analysis
Talenom Oyj (TNOM) currently trades at €1.13, while our model-based Fair Value estimate is €1.12, so the stock looks roughly fairly valued today (gap 0.7%).
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of €4.30 per share, and 13 of the 21 models we run sit above the €1.13 price.
Bear case: the Earnings-Based group reads lowest at €0.1200, and 8 of the 21 models stay below the price. Data coverage for this calculation is medium.
Scenario range: €1.04 (bear) to €1.24 (bull), the price of €1.13 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 51/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Talenom Oyj reported revenue of €109M in FY2025 versus €82.8M in FY2021, a compound +7.1%/yr. Reported net income was €464K in FY2025, compounding −54.5%/yr from FY2021.
Key figures
Market cap €51.5M Micro · P/E ratio 112.8 · P/S ratio 0.48 · EPS (TTM) €0.0100 · Dividend yield 4.4% · Net margin 0.4% · Return on equity 4.8% · Return on assets (EBIT) 7.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 43 out of 100 (low confidence).
What moves the price
The share trades about 64% below its 52-week high and 7% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −12% fair-value upside, at −1%, TNOM screens cheaper than that median.
Fair Value models
Bear€1.04Fair Value €1.12Bull€1.24
Price €1.13 · Downside -0.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.82/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−13.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.9%
Start year 2020 (pandemic). Over 10 years: +12.7% a year
Revenue growth 12 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+12.7%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−41.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−46.2%
Dividend (yield on the price)4.4%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−46.2% vs 1.7%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.20% → 6%
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Specialty Business Services · 229 stocks
Beats the industry median on 2/11 measures
Overall it trails its industry peers.
Valuation
Quality Score51 · Below median
Fair Value upside−0.7% · Below median
Profitability
Return on equity (12 months)4.8% · Below median
Return on assets0.3% · Bottom 25%
Net margin (12 months)24.1% · Top 25%
Operating margin (12 months)5.2% · Below median
Growth and dividend
Revenue growth (quarter YoY)3.6% · Below median
Dividend yield (12 months)4.4% · Above median
Balance sheet
Debt / equity1.93× · Highest 25%
Valuation Multiplesvs Specialty Business Services median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Talenom Oyj Fair Value". https://www.fairvalue-calculator.com/stock/TNOM
Frequently asked questions
Is Talenom Oyj (TNOM) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of €1.12 versus a price of €1.13, about 1% lower (fairly valued).
What is the fair value of TNOM?
Our model-based fair value for Talenom Oyj is €1.12 (as of Nov 7, 2026), built from audited fundamentals. The current price: €1.13.
What is the quality score of TNOM?
Talenom Oyj has a Quality Score of 51/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Talenom Oyj (TNOM)?
Our model-based price target is the fair value of €1.12 (as of Nov 7, 2026) from 22 valuation models. Cautious scenario €1.04, optimistic scenario €1.24. It is a calculation from audited fundamentals, not an analyst target.
What is the Talenom Oyj stock forecast for 2026?
Our models put fair value at €1.12, about 1% lower versus a price of €1.13 (fairly valued). Cautious scenario €1.04, optimistic scenario €1.24. The calculation is refreshed regularly with new filings.
What is the revenue of Talenom Oyj (TNOM)?
Talenom Oyj reported trailing-twelve-month revenue of about €111M (latest available figure, as of Nov 7, 2026).
Does Talenom Oyj pay a dividend?
Talenom Oyj currently shows a dividend yield of 4.43% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Talenom Oyj (TNOM) and when is the ex-dividend date?
Talenom Oyj pays a dividend of €0.05 per share a year, a dividend yield of 4.4%. The last ex-dividend date was Apr 24, 2026. A dividend has been paid every year since at least 2016. Free cash flow covers the dividend 11.45 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What is the intrinsic value of Talenom Oyj (TNOM)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Talenom Oyj it is €1.12 per share (as of Nov 7, 2026), against a price of €1.13. It is the blended result of 22 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Growth DCF, Economic Profit, Growth Earnings).
Is Talenom Oyj stock overvalued or undervalued in 2026?
As of Nov 7, 2026, TNOM trades above its calculated fair value: price €1.13, fair value €1.12, a gap of about −1% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TNOM?
No. The price is what the market pays today (€1.13); the fair value is what the company's own numbers justify (€1.12). For Talenom Oyj the two are €0.0080 per share apart. That gap is exactly why we show both numbers side by side.
How much is Talenom Oyj worth?
The market values Talenom Oyj at about €51.5M (market capitalisation, as of Nov 7, 2026). Per share that is €1.13; our models calculate a fair value of €1.12 per share.
What do the bullish and bearish scenarios say about TNOM?
Our models span a range for Talenom Oyj: cautious scenario €1.04, base €1.12, optimistic €1.24 per share (as of Nov 7, 2026, price €1.13). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TNOM?
Talenom Oyj trades at a price-to-earnings ratio of 112.8 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €1.12 is built from several models across several years. Median P/E at fiscal year-end, 6 fiscal years (2020 to 2025), reported earnings: 57.6. Other multiples: PEG 1.8.
What is the PEG ratio of TNOM?
The PEG ratio of Talenom Oyj is 1.84 (P/E divided by earnings growth, as of Nov 7, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Talenom Oyj (TNOM)?
Balance-sheet figures for Talenom Oyj (as of Nov 7, 2026): return on equity 4.8%, debt of 1.93 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is TNOM from its 52-week high?
Talenom Oyj trades at €1.13, about 64% below its 52-week high of €3.17 and 7% above the low of €1.05 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €1.12 is for.
Which stocks are comparable to Talenom Oyj?
From the same area (Industrials) we also value Cintas Corporation, Thomson Reuters Corporation, Copart, Inc, Global Payments Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Talenom Oyj stock attractive at the current price?
The data as of Nov 7, 2026: price €1.13, calculated fair value €1.12 (−1%), Quality Score 51/100, from 22 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TNOM calculated?
We run Talenom Oyj through 22 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of €1.12 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Talenom Oyj itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Talenom Oyj (TNOM)?
The closing price on Nov 6, 2026 was €1.13. Our model-based fair value is €1.12, about 1% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Talenom Oyj right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Where does the earnings growth of Talenom Oyj (TNOM) come from?
Earnings per share at Talenom Oyj grew +25.3 % a year from 2014 to 2025. Broken into its drivers: revenue per share +12.2 %, EBIT margin +4.7 %, tax rate +5.9 %, residual (interest, one-offs) +0.7 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Talenom Oyj
How large is the market capitalisation of Talenom Oyj (TNOM)?
The market capitalisation of Talenom Oyj is €51.5M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Talenom Oyj (TNOM)?
The price-to-sales ratio of Talenom Oyj is 0.48 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Talenom Oyj (TNOM)?
Earnings per share at Talenom Oyj are €0.0100 (price ÷ EPS = P/E 112.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Talenom Oyj (TNOM)?
The dividend yield of Talenom Oyj is 4.4%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Talenom Oyj (TNOM)?
The net margin of Talenom Oyj is 0.4% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Talenom Oyj (TNOM)?
The return on equity (ROE) of Talenom Oyj is 4.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Talenom Oyj (TNOM)?
On an EBIT basis the return on assets of Talenom Oyj is 7.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Talenom Oyj (TNOM)?
The operating margin of Talenom Oyj is 5.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Talenom Oyj (TNOM)?
Revenue at Talenom Oyj is growing +3.6% versus a year earlier (3y avg +2.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Talenom Oyj (TNOM)?
Earnings per share at Talenom Oyj are growing −8.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Talenom Oyj (TNOM) generate?
The free cash flow of Talenom Oyj is €26.1M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Talenom Oyj (TNOM) carry?
The net debt of Talenom Oyj is €97.3M (fiscal year 2025, ≈ 3.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Talenom Oyj in the live analysis
One click puts Talenom Oyj on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Some data
Nov 7, 2026