• EN

    • -+ 0.00%
    -+ 0.00%
    -+ 0.00%

    Kalmar Oyj (HLSE:KALMAR) Could Be 12% Below Fair Value Following APM Terminals Partnership

    Simply Wall St·08/12/2026 16:38:49
    Listen to the news

    Partnership news puts Kalmar Oyj in focus

    Kalmar Oyj (HLSE:KALMAR) has drawn fresh attention after announcing a partnership with APM Terminals to co develop its Kalmar One automation software and align product roadmaps for next generation terminal technology.

    See our latest analysis for Kalmar Oyj.

    Kalmar Oyj’s share price is €38.44, with a 30 day share price return of 2.34% after a year to date share price decline of 5.69%, while the 1 year total shareholder return is down 3.90%. Recent contract wins and the APM Terminals agreement have kept interest in the stock alive, even as some investors reassess risk following leadership changes announced in late July 2026.

    If this kind of automation story has caught your attention, it can be useful to see what else is setting up for growth in related areas through our 39 robotics and automation stocks.

    Kalmar Oyj now sits at €38.44 after the APM Terminals partnership and fresh contract news, while recent returns remain mixed. Is that a fair price to pay today, or does it still make sense to wait?

    Most Popular Narrative: 12.2% Undervalued

    Kalmar Oyj’s most followed valuation narrative sets a fair value of €43.80 against a last close of €38.44, which frames the current partnership news against an existing view that the shares trade at a discount.

    The increasing share of eco portfolio sales (44% of total sales and orders) demonstrates Kalmar's ability to capture customer demand for sustainable, electric, and hybrid equipment. This supports both top line growth and higher gross margins as ports and logistics shift to decarbonized operations.

    Read the complete narrative.

    Want to see what sits behind that fair value gap? The narrative leans on steady revenue growth, firmer margins and a future earnings multiple that is lower than many peers. Curious which assumptions matter most for Kalmar Oyj?

    Result: Fair Value of €43.80 (UNDERVALUED)

    Have a read of the narrative in full and understand what's behind the forecasts.

    However, there are still pressure points for Kalmar Oyj, including softer U.S. demand and tougher price competition in AMEA regions, which could curb revenue and margin ambitions.

    Find out about the key risks to this Kalmar Oyj narrative.

    Next Steps

    The tone so far has been cautiously optimistic, so if Kalmar Oyj interests you it can make sense to look at the details yourself and act promptly. To see what the market already views as potential upside, take a closer look at the 4 key rewards.

    Looking for more investment ideas beyond Kalmar Oyj?

    If Kalmar Oyj has sharpened your interest in automation and industrial opportunities, it can be useful to scan other stocks with solid fundamentals and different risk profiles.

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.