Financials Stora Enso Oyj

Equities

STERV

FI0009005961

Paper Packaging

Market Closed - Nasdaq Helsinki 11:29:47 2024-04-26 am EDT 5-day change 1st Jan Change
12.71 EUR +0.12% Intraday chart for Stora Enso Oyj -0.51% +1.48%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 10,328 12,383 12,809 10,503 9,864 10,030 - -
Enterprise Value (EV) 1 13,645 15,478 15,118 12,356 13,031 13,215 12,922 12,614
P/E ratio 11.6 x 19.8 x 10.1 x 6.71 x -27.8 x 27.4 x 15.1 x 12.6 x
Yield 3.86% 1.92% 3.41% 4.56% 0.8% 2.41% 3.1% 3.79%
Capitalization / Revenue 1.03 x 1.45 x 1.26 x 0.9 x 1.05 x 1.08 x 1 x 0.95 x
EV / Revenue 1.36 x 1.81 x 1.49 x 1.06 x 1.39 x 1.42 x 1.29 x 1.2 x
EV / EBITDA 8.85 x 12.2 x 6.92 x 4.89 x 13.2 x 10.9 x 8.11 x 6.95 x
EV / FCF 12.8 x 33.1 x 18.2 x 14.1 x -55 x -63.7 x 25.5 x 16.8 x
FCF Yield 7.78% 3.02% 5.5% 7.1% -1.82% -1.57% 3.92% 5.94%
Price to Book 1.38 x 1.4 x 1.19 x 0.83 x 0.9 x 0.9 x 0.86 x 0.84 x
Nbr of stocks (in thousands) 788,620 788,620 788,620 788,620 788,620 788,620 - -
Reference price 2 12.96 15.64 16.14 13.15 12.52 12.71 12.71 12.71
Announcement Date 1/30/20 1/29/21 1/28/22 1/31/23 2/1/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 10,055 8,553 10,164 11,680 9,396 9,292 10,017 10,536
EBITDA 1 1,542 1,270 2,184 2,529 989 1,218 1,594 1,814
EBIT 1 953 650 1,528 1,891 342 596.9 948.4 1,144
Operating Margin 9.48% 7.6% 15.03% 16.19% 3.64% 6.42% 9.47% 10.86%
Earnings before Tax (EBT) 1 1,137 773 1,419 1,858 -495 437.2 802 972
Net income 1 880 617 1,268 1,536 -357 261 617.2 759.2
Net margin 8.75% 7.21% 12.48% 13.15% -3.8% 2.81% 6.16% 7.21%
EPS 2 1.120 0.7900 1.600 1.960 -0.4500 0.4634 0.8445 1.010
Free Cash Flow 1 1,062 467 831 877 -237 -207.4 506.4 749.8
FCF margin 10.56% 5.46% 8.18% 7.51% -2.52% -2.23% 5.06% 7.12%
FCF Conversion (EBITDA) 68.87% 36.77% 38.05% 34.68% - - 31.77% 41.33%
FCF Conversion (Net income) 120.68% 75.69% 65.54% 57.1% - - 82.05% 98.75%
Dividend per Share 2 0.5000 0.3000 0.5500 0.6000 0.1000 0.3063 0.3934 0.4814
Announcement Date 1/30/20 1/29/21 1/28/22 1/31/23 2/1/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

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 2,719 2,798 3,054 2,963 2,864 2,721 2,374 2,127 2,174 2,164 2,335 2,328 2,346 2,631 2,746
EBITDA 1 602 662 663 689 515 399 198 180 212 298 282.5 337.2 342.1 436 481
EBIT 1 426 503 505 527 355 234 37 21 51 156 128.6 180.4 186.9 276 321
Operating Margin 15.67% 17.98% 16.54% 17.79% 12.4% 8.6% 1.56% 0.99% 2.35% 7.21% 5.51% 7.75% 7.97% 10.49% 11.69%
Earnings before Tax (EBT) 1 793 374 370 448 666 228 -304 -41 -378 101 107 189.5 149.7 226 271
Net income 1 616 287 303 372 584 185 -226 -33 -287 84 105 144 127 - -
Net margin 22.66% 10.26% 9.92% 12.55% 20.39% 6.8% -9.52% -1.55% -13.2% 3.88% 4.5% 6.18% 5.41% - -
EPS 2 0.7800 0.3700 0.3800 0.4700 0.7400 0.2400 -0.2900 -0.0400 -0.3600 0.1100 0.1026 0.1379 0.1634 - -
Dividend per Share 2 0.5500 - - - 0.6000 - - - - - 0.4500 - - - 0.5500
Announcement Date 1/28/22 4/28/22 7/22/22 10/21/22 1/31/23 4/25/23 7/21/23 10/24/23 2/1/24 4/25/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 3,317 3,095 2,309 1,853 3,167 3,185 2,891 2,583
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.151 x 2.437 x 1.057 x 0.7327 x 3.202 x 2.615 x 1.814 x 1.424 x
Free Cash Flow 1 1,062 467 831 877 -237 -207 506 750
ROE (net income / shareholders' equity) 12.1% 7.6% 13% 13.3% -3.8% 3.28% 5.39% 6.53%
ROA (Net income/ Total Assets) 6.31% 3.8% 6.96% 7.69% -1.71% 2.05% 3.29% 4.19%
Assets 1 13,951 16,245 18,229 19,977 20,838 12,759 18,784 18,125
Book Value Per Share 2 9.420 11.20 13.60 15.90 13.90 14.10 14.70 15.10
Cash Flow per Share 2 2.090 1.430 1.870 2.000 0.9500 1.170 1.580 1.740
Capex 1 587 661 645 705 989 1,051 703 688
Capex / Sales 5.84% 7.73% 6.35% 6.04% 10.53% 11.31% 7.02% 6.53%
Announcement Date 1/30/20 1/29/21 1/28/22 1/31/23 2/1/24 - - -
1EUR in Million2EUR
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
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
12.71 EUR
Average target price
13.15 EUR
Spread / Average Target
+3.49%
Consensus
  1. Stock Market
  2. Equities
  3. STERV Stock
  4. Financials Stora Enso Oyj