3 European Penny Stocks Under €60M Market Cap To Consider

Market Cap: €28.44M

Tulikivi Corporation, with a market cap of €28.44 million, has experienced challenges in recent performance, reporting a net loss of €0.9 million for Q1 2025 compared to a profit the previous year. Despite this setback, the company has not diluted shareholders recently and maintains high-quality earnings. Its short-term assets exceed both short- and long-term liabilities, indicating financial stability. However, Tulikivi faces pressure from high net debt to equity ratios and low return on equity at 1%. While its management team is seasoned with an average tenure of 10.4 years, interest coverage remains inadequate at just 1.4x EBIT.

HLSE:TULAV Debt to Equity History and Analysis as at Jun 2025

Simply Wall St Financial Health Rating: ★★★★★☆

Overview: Saga Pure ASA is an investment company focused on industry, energy, and real estate sectors with a market capitalization of NOK652.16 million.

Operations: The company’s revenue segments include an investment segment with a revenue of -NOK28.74 million and a segment adjustment of NOK8.88 million.

Market Cap: NOK652.16M

Saga Pure ASA, with a market cap of NOK652.16 million, is currently pre-revenue and unprofitable. The company has more cash than its total debt, and its short-term assets significantly exceed both short- and long-term liabilities, indicating solid financial positioning. Despite this, it has experienced increasing losses over the past five years at a rate of 35.6% annually. Recent developments include Tycoon Industrier AS acquiring an additional stake in Saga Pure, triggering a mandatory offer for remaining shares amidst board changes following their Annual General Meeting in May 2025. The acquisition highlights ongoing strategic shifts within the company’s ownership structure.

OB:SAGA Financial Position Analysis as at Jun 2025

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.

Companies discussed in this article include BVB:PBK HLSE:TULAV and OB:SAGA.

This article was originally published by Simply Wall St.

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