NORDIC PAPER HOLDING AB |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 55.5 SEK | -0.54% |
|
+2.49% | +24.30% |
| Apr. 25 | Transcript : Nordic Paper Holding AB, Q1 2024 Earnings Call, Apr 25, 2024 | |
| Apr. 25 | Nordic Paper Holding AB Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,584 | 2,543 | 2,208 | 2,987 | 3,713 | - | - |
| Enterprise Value (EV) 1 | 3,303 | 3,860 | 3,164 | 3,738 | 4,785 | 4,738 | 5,096 |
| P/E ratio | 10 x | 17.7 x | 3.9 x | 7.18 x | 8.75 x | 8.51 x | 7.88 x |
| Yield | 5.18% | 5.26% | 14.1% | 8.96% | 7.21% | 6.66% | 9.01% |
| Capitalization / Revenue | 0.89 x | 0.82 x | 0.5 x | 0.67 x | 0.83 x | 0.83 x | 0.78 x |
| EV / Revenue | 1.14 x | 1.25 x | 0.71 x | 0.84 x | 1.06 x | 1.06 x | 1.07 x |
| EV / EBITDA | 7.21 x | 8.89 x | 3.85 x | 4.82 x | 6.52 x | 6.35 x | 6.12 x |
| EV / FCF | 13.2 x | 16.9 x | 7.62 x | 6.71 x | -90.3 x | 30 x | 77.2 x |
| FCF Yield | 7.57% | 5.91% | 13.1% | 14.9% | -1.11% | 3.33% | 1.3% |
| Price to Book | 4.35 x | 4.34 x | 2.12 x | 2.5 x | 2.75 x | 2.38 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 | 55.50 | 55.50 | 55.50 |
| Announcement Date | 1/28/21 | 1/28/22 | 1/27/23 | 1/30/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| 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 | - | - | - |
1SEK in Million2SEK
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 | 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 | - | - | - | - | - |
1SEK in Million2SEK
Estimates
Balance Sheet Analysis
| 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 | - | - | - |
1SEK in Million2SEK
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
55.5
SEK
Average target price
65
SEK
Spread / Average Target
+17.12%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +24.30% | 341M | |
| -2.94% | 18.78B | |
| +5.88% | 14.99B | |
| +6.52% | 10.18B | |
| -0.16% | 6.08B | |
| +12.94% | 4.88B | |
| +13.66% | 3.98B | |
| +19.28% | 3.15B | |
| +64.77% | 2.67B | |
| +15.49% | 1.76B |
- Stock Market
- Equities
- NPAPER Stock
- Financials Nordic Paper Holding AB
