Olvi Oyj (HEL:OLVAS) in Smallvalue Q4 2024

Finnish Beverage Company with Strong Financial Standing

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Jul 04, 2025
Summary
  • Investment rationale: Attractive trading multiples and strong ROIC.
  • Market positioning: Established presence in Finland and the Baltic countries.
  • Risks and challenges: Impact of the Russia-Ukraine conflict.
  • Recent performance: Healthy net cash position and potential upside scenarios.
  • Future outlook: Multiple scenarios indicate potential upside in market price.

Olvi Oyj (HEL:OLVAS, Financial) was discussed in the Smallvalue Q4 2024 fund letter as a strong investment due to its attractive trading multiples and solid financial standing. Despite geopolitical challenges, the company maintains a healthy net cash position and a strong return on invested capital, suggesting potential upside in its market valuation.

"Our model suggests multiple scenarios, none of which indicate a value lower than the company’s current market price, with all scenarios showing potential upside." — Smallvalue, Q4 2024 Fund Letter

Read full letter at gurufocus Smallvalue 2024 Q4 page.