Financials International Paper Company

Equities

IP

US4601461035

Paper Packaging

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
33.83 USD +0.92% Intraday chart for International Paper Company -4.35% -6.42%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 18,057 19,545 18,194 12,317 12,509 11,750 - -
Enterprise Value (EV) 1 27,311 27,043 22,478 18,435 16,989 16,425 16,150 15,801
P/E ratio 15 x 40.8 x 10.5 x 8.45 x 44.1 x 17.4 x 12.1 x 10.3 x
Yield 4.37% 4.12% 4.26% 5.34% 5.12% 5.46% 5.49% 5.84%
Capitalization / Revenue 0.81 x 0.95 x 0.94 x 0.58 x 0.66 x 0.62 x 0.6 x 0.59 x
EV / Revenue 1.22 x 1.31 x 1.16 x 0.87 x 0.9 x 0.86 x 0.82 x 0.79 x
EV / EBITDA 7.29 x 9.56 x 8.29 x 6.46 x 7.61 x 7.48 x 6.29 x 5.89 x
EV / FCF 11.7 x 11.7 x 15.2 x 14.8 x 24.5 x 22.6 x 15.4 x 12.8 x
FCF Yield 8.55% 8.55% 6.59% 6.74% 4.07% 4.43% 6.48% 7.83%
Price to Book 2.38 x 2.5 x 2.03 x 1.43 x 1.5 x 1.46 x 1.39 x 1.26 x
Nbr of stocks (in thousands) 392,116 393,095 387,263 355,670 346,017 347,323 - -
Reference price 2 46.05 49.72 46.98 34.63 36.15 33.83 33.83 33.83
Announcement Date 1/30/20 2/4/21 1/27/22 1/31/23 2/1/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 22,376 20,580 19,363 21,161 18,916 19,004 19,737 19,966
EBITDA 1 3,747 2,830 2,711 2,854 2,232 2,195 2,566 2,682
EBIT 1 2,441 1,543 1,501 1,814 1,222 1,178 1,610 1,660
Operating Margin 10.91% 7.5% 7.75% 8.57% 6.46% 6.2% 8.16% 8.32%
Earnings before Tax (EBT) 1 1,604 650 999 1,511 382 912.7 1,272 1,472
Net income 1 1,225 482 1,752 1,504 288 676.8 964.4 1,111
Net margin 5.47% 2.34% 9.05% 7.11% 1.52% 3.56% 4.89% 5.56%
EPS 2 3.070 1.220 4.470 4.100 0.8200 1.940 2.798 3.280
Free Cash Flow 1 2,334 2,312 1,481 1,243 692 727.5 1,046 1,237
FCF margin 10.43% 11.23% 7.65% 5.87% 3.66% 3.83% 5.3% 6.2%
FCF Conversion (EBITDA) 62.29% 81.7% 54.63% 43.55% 31% 33.14% 40.78% 46.12%
FCF Conversion (Net income) 190.53% 479.67% 84.53% 82.65% 240.28% 107.49% 108.5% 111.34%
Dividend per Share 2 2.013 2.050 2.000 1.850 1.850 1.846 1.858 1.975
Announcement Date 1/30/20 2/4/21 1/27/22 1/31/23 2/1/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 5,714 5,086 5,237 5,389 5,402 5,133 5,020 4,682 4,613 4,601 4,619 4,758 4,837 4,868 4,734
EBITDA 1 937 643 597 825 710 722 539 570 590 533 423 520.6 634.5 668.4 552.1
EBIT 1 619 366 336 558 449 471 298 326 332 266 145 259.9 373.8 407.6 288.6
Operating Margin 10.83% 7.2% 6.42% 10.35% 8.31% 9.18% 5.94% 6.96% 7.2% 5.78% 3.14% 5.46% 7.73% 8.37% 6.1%
Earnings before Tax (EBT) 1 916 44 362 514 313 322 221 255 232 -326 85 188.6 250.5 305.1 222.7
Net income 1 864 107 360 511 951 -318 172 235 165 -284 56 142.2 188.8 229.8 167
Net margin 15.12% 2.1% 6.87% 9.48% 17.6% -6.2% 3.43% 5.02% 3.58% -6.17% 1.21% 2.99% 3.9% 4.72% 3.53%
EPS 2 2.200 0.2800 0.9500 1.380 2.640 -0.9000 0.4900 0.6800 0.4700 -0.8200 0.1600 0.4050 0.5450 0.6600 0.4800
Dividend per Share 2 0.5125 0.4625 0.4625 0.4625 0.4625 0.4625 0.4625 0.4625 0.4625 0.4625 0.4600 0.4600 0.4600 0.4600 -
Announcement Date 10/27/21 1/27/22 4/28/22 7/28/22 10/27/22 1/31/23 4/27/23 7/27/23 10/26/23 2/1/24 4/25/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 9,254 7,498 4,284 6,118 4,480 4,675 4,400 4,051
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.47 x 2.649 x 1.58 x 2.144 x 2.007 x 2.13 x 1.715 x 1.51 x
Free Cash Flow 1 2,334 2,312 1,481 1,243 692 727 1,046 1,237
ROE (net income / shareholders' equity) 23.5% 14.2% 14.8% 13.3% 8.96% 7% 10.6% 11.8%
ROA (Net income/ Total Assets) 5.27% 3.4% 4.41% 4.75% 3.2% 3.2% 4.1% -
Assets 1 23,228 14,192 39,759 31,666 9,003 21,150 23,521 -
Book Value Per Share 2 19.30 19.80 23.10 24.30 24.10 23.20 24.30 26.80
Cash Flow per Share 2 9.050 7.740 5.170 5.920 5.250 5.130 5.860 6.010
Capex 1 1,276 751 549 931 1,141 915 979 1,019
Capex / Sales 5.7% 3.65% 2.84% 4.4% 6.03% 4.82% 4.96% 5.1%
Announcement Date 1/30/20 2/4/21 1/27/22 1/31/23 2/1/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
9
Last Close Price
33.83 USD
Average target price
40.09 USD
Spread / Average Target
+18.49%
Consensus
  1. Stock Market
  2. Equities
  3. IP Stock
  4. Financials International Paper Company