Projected Income Statement: Stora Enso Oyj

Forecast Balance Sheet: Stora Enso Oyj

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 2,309 1,853 3,167 3,707 3,181 3,346 3,063 2,840
Change - -19.75% 70.91% 17.05% -14.19% 5.19% -8.46% -7.28%
Announcement Date 28/01/22 31/01/23 01/02/24 11/02/25 04/02/26 - - -
1EUR in Million
Estimates

Cash Flow Forecast: Stora Enso Oyj

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 645 705 989 1,113 775 584.7 591 617.6
Change - 9.3% 40.28% 12.54% -30.37% -24.56% 1.08% 4.51%
Free Cash Flow (FCF) 1 831 877 -237 -161 -130 413.8 612 654.1
Change - 5.54% -127.02% 32.07% 19.25% 418.29% 47.89% 6.89%
Announcement Date 28/01/22 31/01/23 01/02/24 11/02/25 04/02/26 - - -
1EUR in Million
Estimates

Forecast Financial Ratios: Stora Enso Oyj

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 21.49% 21.65% 10.53% 13.52% 12.27% 13.69% 15.26% 15.64%
EBIT Margin (%) 15.03% 16.19% 3.64% 6.61% 5.66% 7.28% 8.93% 9.46%
EBT Margin (%) 13.96% 15.91% -5.27% -1.3% 8.4% 5.43% 7.75% 8.42%
Net margin (%) 12.48% 13.15% -3.8% -1.5% 7.45% 4.67% 6.36% 7.04%
FCF margin (%) 8.18% 7.51% -2.52% -1.78% -1.39% 4.38% 6.27% 6.57%
FCF / Net Income (%) 65.54% 57.1% 66.39% 118.38% -18.71% 93.79% 98.65% 93.35%

Profitability

        
ROA 6.96% 7.69% -1.71% -0.67% 1.71% 2.38% 3.12% 3.6%
ROE 13% 13.3% -3.8% -1.7% 6.64% 3.96% 5.34% 5.74%

Financial Health

        
Leverage (Debt/EBITDA) 1.06x 0.73x 3.2x 3.03x 2.78x 2.59x 2.06x 1.83x
Debt / Free cash flow 2.78x 2.11x -13.36x -23.02x -24.47x 8.09x 5x 4.34x

Capital Intensity

        
CAPEX / Current Assets (%) 6.35% 6.04% 10.53% 12.3% 8.31% 6.19% 6.06% 6.21%
CAPEX / EBITDA (%) 29.53% 27.88% 100% 91.01% 67.74% 45.2% 39.68% 39.69%
CAPEX / FCF (%) 77.62% 80.39% -417.3% -691.3% -596.15% 141.3% 96.58% 94.42%

Items per share

        
Cash flow per share 1 1.87 2.004 0.9531 1.207 0.8168 1.256 1.548 1.615
Change - 7.14% -52.44% 26.6% -32.31% 53.79% 23.28% 4.3%
Dividend per Share 1 0.55 0.6 0.1 0.25 0.25 0.2855 0.3624 0.3836
Change - 9.09% -83.33% 150% 0% 14.19% 26.95% 5.86%
Book Value Per Share 1 13.55 15.89 13.93 13.4 13.69 14 14.39 14.95
Change - 17.27% -12.33% -3.77% 2.13% 2.25% 2.81% 3.92%
EPS 1 1.6 1.96 -0.45 -0.17 0.88 0.534 0.7573 0.837
Change - 22.5% -122.96% 62.22% 617.65% -39.32% 41.82% 10.52%
Nbr of stocks (in thousands) 788,620 788,620 788,620 788,620 788,620 788,620 788,620 788,620
Announcement Date 28/01/22 31/01/23 01/02/24 11/02/25 04/02/26 - - -
1EUR
Estimates
2026 *2027 *
P/E 17.7x 12.4x
PBR 0.67x 0.66x
EV / Sales 1.14x 1.08x
Yield 3.03% 3.84%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
9.426EUR
Average target price
11.58EUR
Spread / Average Target
+22.89%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. STERV Stock
  4. Financials Stora Enso Oyj