Incap Oyj
Research Incap Oyj (ICP1V) on Bullrun: valuation model: 19.3% undervalued, market cap EUR 237.94M, P/E 15.0. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerICP1V
- ExchangeHE
- CountryFinland
- SectorTechnology
- IndustryElectronic Components
- CurrencyEUR
- Valuation signal19.3% undervalued
- Market capEUR 237.94M
- P/E15.0
- Financial periodQ2 2026
- RevenueEUR 74.26M
- Net incomeEUR 2.87M
- Gross margin165.2%
Valuation Snapshot
Bullrun's latest valuation model marks Incap Oyj as 19.3% undervalued; latest market cap is EUR 237.94M; P/E is 15.0.
Peer valuation comparison
Latest P/E is 14.96x versus a Technology sector median of 28.57x (47.6% below).
Latest P/E is 14.96x versus a Finland median of 18.47x (19.0% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | EUR 214.59M | EUR 13.97M | n/a | n/a | 0.47 | EUR 80.76M | EUR 19.59M | EUR 135.24M |
| FY2024 | EUR 230.06M | EUR 22.73M | n/a | n/a | 0.77 | EUR 72.17M | EUR 21.61M | EUR 132.97M |
| FY2023 | EUR 221.59M | EUR 19.82M | n/a | n/a | 0.67 | EUR 42.55M | EUR 25.91M | EUR 106.76M |
| FY2022 | EUR 263.76M | EUR 27.60M | n/a | 175.8% | 0.94 | EUR 7.56M | EUR 14.33M | EUR 87.43M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-24 | EUR 237.94M | 15.0 | n/a | n/a |
About Incap Oyj
Incap Oyj, together with its subsidiaries, provides electronics manufacturing services in Europe, North America, and Asia. The company offers prototyping and engineering, PCB assembly manufacturing, box-build assembly, customized solutions, cable and wire harness assemblies, magnetic assemblies, engineering, and after sales services. It serves aerospace, automotive, consumer electronics, data storage and media, oil, gas and mining, power, security, telecom, transport and infrastructure, and gaming markets.
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Frequently asked questions
Is Incap Oyj overvalued or undervalued?
Bullrun's valuation model currently marks Incap Oyj as 19.3% undervalued.
What is Incap Oyj's market cap?
Incap Oyj's market capitalization is EUR 237.94M.
What is Incap Oyj's P/E ratio?
Incap Oyj's price-to-earnings (P/E) ratio is 15.0.
What does Incap Oyj do?
Incap Oyj, together with its subsidiaries, provides electronics manufacturing services in Europe, North America, and Asia. The company offers prototyping and engineering, PCB assembly manufacturing, box-build assembly, customized solutions, cable and wire harness assemblies, magnetic assemblies, engineering, and after sales services. It serves aerospace, automotive, consumer electronics, data storage and media, oil, gas and mining, power, security, telecom, transport and infrastructure, and gaming markets. Incap Oyj was incorporated in 1985 and is headquartered in Helsinki, Finland.