Market Closed -
Nasdaq Stockholm
11:29:46 2024-05-15 am EDT
|
5-day change
|
1st Jan Change
|
60.4
SEK
|
-0.49%
|
|
+4.77%
|
+35.27%
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
2,584
|
2,543
|
2,208
|
2,987
|
4,041
|
-
|
-
|
Enterprise Value (EV)
1 |
3,303
|
3,860
|
3,164
|
3,738
|
5,113
|
5,066
|
5,424
|
P/E ratio
|
10
x
|
17.7
x
|
3.9
x
|
7.18
x
|
9.53
x
|
9.27
x
|
8.58
x
|
Yield
|
5.18%
|
5.26%
|
14.1%
|
8.96%
|
6.62%
|
6.12%
|
8.28%
|
Capitalization / Revenue
|
0.89
x
|
0.82
x
|
0.5
x
|
0.67
x
|
0.9
x
|
0.9
x
|
0.85
x
|
EV / Revenue
|
1.14
x
|
1.25
x
|
0.71
x
|
0.84
x
|
1.14
x
|
1.13
x
|
1.14
x
|
EV / EBITDA
|
7.21
x
|
8.89
x
|
3.85
x
|
4.82
x
|
6.97
x
|
6.79
x
|
6.51
x
|
EV / FCF
|
13.2
x
|
16.9
x
|
7.62
x
|
6.71
x
|
-96.5
x
|
32.1
x
|
82.2
x
|
FCF Yield
|
7.57%
|
5.91%
|
13.1%
|
14.9%
|
-1.04%
|
3.12%
|
1.22%
|
Price to Book
|
4.35
x
|
4.34
x
|
2.12
x
|
2.5
x
|
2.99
x
|
2.59
x
|
-
|
Nbr of stocks (in thousands)
|
66,909
|
66,909
|
66,909
|
66,909
|
66,909
|
-
|
-
|
Reference price
2 |
38.62
|
38.00
|
33.00
|
44.65
|
60.40
|
60.40
|
60.40
|
Announcement Date
|
1/28/21
|
1/28/22
|
1/27/23
|
1/30/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,903
|
3,083
|
4,440
|
4,472
|
4,499
|
4,487
|
4,762
|
EBITDA
1 |
458
|
434
|
821
|
775
|
734.1
|
745.6
|
833
|
EBIT
1 |
348
|
316
|
676
|
623
|
586.1
|
591.6
|
653
|
Operating Margin
|
11.99%
|
10.25%
|
15.23%
|
13.93%
|
13.03%
|
13.18%
|
13.71%
|
Earnings before Tax (EBT)
1 |
328
|
182
|
709
|
536
|
539.1
|
547.1
|
589
|
Net income
1 |
258
|
144
|
566
|
416
|
424.2
|
436.1
|
471
|
Net margin
|
8.89%
|
4.67%
|
12.75%
|
9.3%
|
9.43%
|
9.72%
|
9.89%
|
EPS
2 |
3.850
|
2.150
|
8.460
|
6.220
|
6.341
|
6.519
|
7.040
|
Free Cash Flow
1 |
250
|
228
|
415
|
557
|
-53
|
158
|
66
|
FCF margin
|
8.61%
|
7.4%
|
9.35%
|
12.46%
|
-1.18%
|
3.52%
|
1.39%
|
FCF Conversion (EBITDA)
|
54.59%
|
52.53%
|
50.55%
|
71.87%
|
-
|
21.19%
|
7.92%
|
FCF Conversion (Net income)
|
96.9%
|
158.33%
|
73.32%
|
133.89%
|
-
|
36.23%
|
14.01%
|
Dividend per Share
2 |
2.000
|
2.000
|
4.650
|
4.000
|
4.000
|
3.695
|
5.000
|
Announcement Date
|
1/28/21
|
1/28/22
|
1/27/23
|
1/30/24
|
-
|
-
|
-
|
Fiscal Period: December |
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
|
2025 Q2
|
---|
Net sales
1 |
810
|
1,052
|
1,144
|
1,037
|
1,206
|
1,305
|
1,120
|
1,077
|
971
|
1,209
|
1,160
|
1,027
|
1,103
|
1,269
|
1,205
|
EBITDA
1 |
124
|
237
|
247
|
77
|
260
|
282
|
215
|
108
|
170
|
231
|
205
|
60
|
238
|
272
|
226
|
EBIT
1 |
93
|
202
|
211
|
40
|
223
|
244
|
178
|
69
|
132
|
194
|
168
|
23
|
201
|
235
|
189
|
Operating Margin
|
11.48%
|
19.2%
|
18.44%
|
3.86%
|
18.49%
|
18.7%
|
15.89%
|
6.41%
|
13.59%
|
16.05%
|
14.48%
|
2.24%
|
18.22%
|
18.52%
|
15.68%
|
Earnings before Tax (EBT)
|
52
|
203
|
206
|
51
|
249
|
220
|
178
|
48
|
89
|
195
|
-
|
-
|
-
|
219
|
173
|
Net income
1 |
45
|
162
|
164
|
38
|
202
|
173
|
145
|
34
|
65
|
149
|
125
|
10
|
153
|
181
|
145
|
Net margin
|
5.56%
|
15.4%
|
14.34%
|
3.66%
|
16.75%
|
13.26%
|
12.95%
|
3.16%
|
6.69%
|
12.32%
|
10.78%
|
0.97%
|
13.87%
|
14.26%
|
12.03%
|
EPS
2 |
0.6700
|
2.420
|
2.440
|
0.5700
|
3.030
|
2.590
|
2.160
|
0.5000
|
0.9600
|
2.230
|
1.860
|
0.1400
|
2.290
|
2.710
|
2.170
|
Dividend per Share
|
2.000
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
1/28/22
|
4/28/22
|
7/20/22
|
10/28/22
|
1/27/23
|
4/28/23
|
7/20/23
|
10/31/23
|
1/30/24
|
4/25/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
719
|
1,317
|
956
|
751
|
1,072
|
1,025
|
1,383
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.57
x
|
3.035
x
|
1.164
x
|
0.969
x
|
1.46
x
|
1.375
x
|
1.66
x
|
Free Cash Flow
1 |
250
|
228
|
415
|
557
|
-53
|
158
|
66
|
ROE (net income / shareholders' equity)
|
22.3%
|
24.4%
|
69.7%
|
37.2%
|
33.4%
|
29.8%
|
28.7%
|
ROA (Net income/ Total Assets)
|
11.3%
|
5.14%
|
16.5%
|
11.1%
|
10.8%
|
10.8%
|
10.5%
|
Assets
1 |
2,292
|
2,800
|
3,439
|
3,732
|
3,928
|
4,035
|
4,486
|
Book Value Per Share
2 |
8.880
|
8.760
|
15.60
|
17.80
|
20.20
|
23.30
|
-
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
1 |
102
|
180
|
145
|
208
|
500
|
498
|
550
|
Capex / Sales
|
3.51%
|
5.84%
|
3.27%
|
4.65%
|
11.11%
|
11.09%
|
11.55%
|
Announcement Date
|
1/28/21
|
1/28/22
|
1/27/23
|
1/30/24
|
-
|
-
|
-
|
Last Close Price
60.4
SEK Average target price
65
SEK Spread / Average Target +7.62% Consensus |
1st Jan change
|
Capi.
|
---|
| +35.27% | 378M | | +1.76% | 20.09B | | -9.15% | 12.66B | | +4.91% | 6.64B | | +12.06% | 5.23B | | +14.33% | 4.05B | | +25.03% | 3.43B | | +67.62% | 2.74B | | +23.23% | 1.94B | | +18.01% | 1.6B |
Other Paper Products
|