Market Closed -
Nasdaq Helsinki
11:29:32 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
32.98
EUR
|
+1.32%
|
|
+3.06%
|
-3.17%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
16,485
|
16,250
|
17,845
|
18,629
|
18,165
|
17,589
|
-
|
-
|
Enterprise Value (EV)
1 |
16,032
|
16,306
|
18,492
|
21,003
|
20,597
|
19,841
|
19,482
|
18,889
|
P/E ratio
|
15.5
x
|
29
x
|
13.9
x
|
12.2
x
|
46.7
x
|
15.6
x
|
11.9
x
|
11.7
x
|
Yield
|
4.21%
|
4.27%
|
3.89%
|
4.29%
|
4.4%
|
4.62%
|
4.95%
|
5.07%
|
Capitalization / Revenue
|
1.61
x
|
1.89
x
|
1.82
x
|
1.59
x
|
1.74
x
|
1.63
x
|
1.55
x
|
1.52
x
|
EV / Revenue
|
1.57
x
|
1.9
x
|
1.88
x
|
1.79
x
|
1.97
x
|
1.84
x
|
1.72
x
|
1.63
x
|
EV / EBITDA
|
8.66
x
|
11.3
x
|
10.2
x
|
8.28
x
|
13.1
x
|
9.72
x
|
7.78
x
|
7.09
x
|
EV / FCF
|
10.9
x
|
87.2
x
|
-102
x
|
-23.6
x
|
16.6
x
|
13.8
x
|
13.6
x
|
12
x
|
FCF Yield
|
9.16%
|
1.15%
|
-0.98%
|
-4.24%
|
6.03%
|
7.25%
|
7.33%
|
8.36%
|
Price to Book
|
1.64
x
|
1.74
x
|
1.65
x
|
1.49
x
|
1.63
x
|
1.5
x
|
1.43
x
|
1.38
x
|
Nbr of stocks (in thousands)
|
533,324
|
533,324
|
533,324
|
533,324
|
533,324
|
533,324
|
-
|
-
|
Reference price
2 |
30.91
|
30.47
|
33.46
|
34.93
|
34.06
|
32.98
|
32.98
|
32.98
|
Announcement Date
|
1/30/20
|
1/28/21
|
1/27/22
|
2/2/23
|
2/1/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
10,238
|
8,580
|
9,814
|
11,720
|
10,460
|
10,809
|
11,339
|
11,579
|
EBITDA
1 |
1,851
|
1,442
|
1,821
|
2,536
|
1,573
|
2,042
|
2,505
|
2,665
|
EBIT
1 |
1,404
|
948
|
1,471
|
2,096
|
1,013
|
1,377
|
1,782
|
1,965
|
Operating Margin
|
13.71%
|
11.05%
|
14.99%
|
17.88%
|
9.68%
|
12.74%
|
15.72%
|
16.97%
|
Earnings before Tax (EBT)
1 |
1,307
|
737
|
1,548
|
1,944
|
464
|
1,430
|
1,881
|
2,031
|
Net income
1 |
1,061
|
560
|
1,286
|
1,526
|
388
|
1,019
|
1,329
|
1,448
|
Net margin
|
10.36%
|
6.53%
|
13.1%
|
13.02%
|
3.71%
|
9.43%
|
11.72%
|
12.51%
|
EPS
2 |
1.990
|
1.050
|
2.410
|
2.860
|
0.7300
|
2.108
|
2.772
|
2.820
|
Free Cash Flow
1 |
1,469
|
187
|
-182
|
-890
|
1,243
|
1,439
|
1,428
|
1,578
|
FCF margin
|
14.35%
|
2.18%
|
-1.85%
|
-7.59%
|
11.88%
|
13.31%
|
12.59%
|
13.63%
|
FCF Conversion (EBITDA)
|
79.36%
|
12.97%
|
-
|
-
|
79.02%
|
70.47%
|
57%
|
59.22%
|
FCF Conversion (Net income)
|
138.45%
|
33.39%
|
-
|
-
|
320.36%
|
141.24%
|
107.47%
|
108.96%
|
Dividend per Share
2 |
1.300
|
1.300
|
1.300
|
1.500
|
1.500
|
1.522
|
1.633
|
1.673
|
Announcement Date
|
1/30/20
|
1/28/21
|
1/27/22
|
2/2/23
|
2/1/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
2,673
|
2,507
|
2,562
|
-
|
3,420
|
3,231
|
2,787
|
2,558
|
2,584
|
2,531
|
2,640
|
2,535
|
-
|
2,738
|
2,789
|
-
|
-
|
EBITDA
1 |
470
|
377
|
506
|
-
|
894
|
759
|
477
|
255
|
376
|
465
|
489
|
378
|
-
|
548.7
|
667.5
|
704
|
691
|
EBIT
1 |
461
|
277
|
387
|
664
|
779
|
653
|
356
|
114
|
220
|
323
|
333
|
239.1
|
497
|
401.5
|
453.6
|
549
|
536
|
Operating Margin
|
17.25%
|
11.05%
|
15.11%
|
-
|
22.78%
|
20.21%
|
12.77%
|
4.46%
|
8.51%
|
12.76%
|
12.61%
|
9.43%
|
-
|
14.67%
|
16.27%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
420
|
179
|
361
|
-
|
766
|
638
|
239
|
96
|
-52
|
180
|
332
|
206
|
-
|
344.5
|
485.3
|
539
|
526
|
Net income
1 |
334
|
133
|
283
|
-
|
611
|
498
|
183
|
77
|
-26
|
160
|
-
|
145.6
|
-
|
269.4
|
338.8
|
-
|
-
|
Net margin
|
12.5%
|
5.31%
|
11.05%
|
-
|
17.87%
|
15.41%
|
6.57%
|
3.01%
|
-1.01%
|
6.32%
|
-
|
5.75%
|
-
|
9.84%
|
12.15%
|
-
|
-
|
EPS
2 |
0.6300
|
0.2500
|
0.5300
|
-
|
1.150
|
0.9300
|
0.3300
|
0.1500
|
-0.0500
|
0.3000
|
0.5100
|
0.2722
|
-
|
0.5029
|
0.6366
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
1.299
|
-
|
-
|
1.500
|
-
|
-
|
-
|
-
|
-
|
1.525
|
-
|
-
|
-
|
-
|
1.500
|
Announcement Date
|
1/27/22
|
4/26/22
|
7/21/22
|
7/21/22
|
10/13/22
|
2/2/23
|
4/25/23
|
7/25/23
|
10/24/23
|
2/1/24
|
4/25/24
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
56
|
647
|
2,374
|
2,432
|
2,252
|
1,893
|
1,300
|
Net Cash position
1 |
453
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
0.0388
x
|
0.3553
x
|
0.9361
x
|
1.546
x
|
1.103
x
|
0.7556
x
|
0.4879
x
|
Free Cash Flow
1 |
1,469
|
187
|
-182
|
-890
|
1,243
|
1,439
|
1,428
|
1,578
|
ROE (net income / shareholders' equity)
|
10.7%
|
5.8%
|
12.7%
|
13%
|
3.2%
|
10.6%
|
12.3%
|
11.9%
|
ROA (Net income/ Total Assets)
|
7.47%
|
4.93%
|
7.27%
|
8.26%
|
3.68%
|
6.78%
|
8.45%
|
7.23%
|
Assets
1 |
14,198
|
11,361
|
17,683
|
18,465
|
10,537
|
15,034
|
15,729
|
20,040
|
Book Value Per Share
2 |
18.90
|
17.50
|
20.30
|
23.40
|
20.90
|
22.00
|
23.00
|
23.80
|
Cash Flow per Share
2 |
3.460
|
1.890
|
2.340
|
0.9500
|
4.250
|
3.320
|
4.160
|
4.010
|
Capex
1 |
378
|
818
|
1,432
|
1,398
|
1,026
|
550
|
549
|
654
|
Capex / Sales
|
3.69%
|
9.53%
|
14.59%
|
11.93%
|
9.81%
|
5.09%
|
4.85%
|
5.64%
|
Announcement Date
|
1/30/20
|
1/28/21
|
1/27/22
|
2/2/23
|
2/1/24
|
-
|
-
|
-
|
Last Close Price
32.98
EUR Average target price
35.26
EUR Spread / Average Target +6.93% Consensus |
1st Jan change
|
Capi.
|
---|
| -3.17% | 18.78B | | +7.10% | 14.99B | | +5.03% | 10.18B | | -1.67% | 6.08B | | +8.82% | 4.88B | | +17.55% | 3.98B | | +16.91% | 3.15B | | +63.21% | 2.67B | | +12.02% | 1.76B | | +15.48% | 1.52B |
Other Paper Products
|