Market Closed -
Nasdaq Stockholm
16:29:49 31/05/2024 BST
|
5-day change
|
1st Jan Change
|
163
SEK
|
+2.64%
|
|
+2.00%
|
+8.81%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
67,039
|
100,923
|
112,944
|
92,768
|
106,040
|
113,109
|
-
|
-
|
Enterprise Value (EV)
1 |
75,636
|
108,594
|
120,696
|
102,757
|
116,805
|
124,965
|
123,646
|
124,923
|
P/E ratio
|
4.3
x
|
131
x
|
18.5
x
|
13.6
x
|
28.9
x
|
26.5
x
|
21.4
x
|
19.4
x
|
Yield
|
-
|
1.4%
|
1.4%
|
1.89%
|
1.82%
|
1.9%
|
2.13%
|
2.28%
|
Capitalization / Revenue
|
3.42
x
|
5.48
x
|
6
x
|
4.46
x
|
5.86
x
|
5.53
x
|
5.12
x
|
4.81
x
|
EV / Revenue
|
3.86
x
|
5.9
x
|
6.41
x
|
4.94
x
|
6.46
x
|
6.11
x
|
5.6
x
|
5.31
x
|
EV / EBITDA
|
14.2
x
|
24.5
x
|
13.3
x
|
10.1
x
|
17.2
x
|
16.1
x
|
13.8
x
|
12.7
x
|
EV / FCF
|
75
x
|
94.7
x
|
114
x
|
165
x
|
122
x
|
61.6
x
|
35.2
x
|
27.9
x
|
FCF Yield
|
1.33%
|
1.06%
|
0.87%
|
0.61%
|
0.82%
|
1.62%
|
2.84%
|
3.58%
|
Price to Book
|
0.97
x
|
1.39
x
|
1.36
x
|
0.96
x
|
1.02
x
|
1.06
x
|
1.04
x
|
1
x
|
Nbr of stocks (in thousands)
|
702,342
|
702,342
|
702,342
|
702,342
|
702,342
|
702,342
|
-
|
-
|
Reference price
2 |
95.00
|
143.3
|
160.8
|
132.0
|
151.1
|
160.8
|
160.8
|
160.8
|
Announcement Date
|
30/01/20
|
29/01/21
|
28/01/22
|
27/01/23
|
26/01/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
19,591
|
18,410
|
18,822
|
20,794
|
18,081
|
20,461
|
22,088
|
23,507
|
EBITDA
1 |
5,319
|
4,440
|
9,109
|
10,194
|
6,807
|
7,753
|
8,959
|
9,807
|
EBIT
1 |
3,703
|
2,839
|
7,634
|
8,642
|
4,857
|
5,733
|
6,983
|
7,755
|
Operating Margin
|
18.9%
|
15.42%
|
40.56%
|
41.56%
|
26.86%
|
28.02%
|
31.61%
|
32.99%
|
Earnings before Tax (EBT)
1 |
19,539
|
1,028
|
7,527
|
8,603
|
4,443
|
5,169
|
6,529
|
7,193
|
Net income
1 |
15,522
|
767
|
6,101
|
6,821
|
3,625
|
4,248
|
5,219
|
5,726
|
Net margin
|
79.23%
|
4.17%
|
32.41%
|
32.8%
|
20.05%
|
20.76%
|
23.63%
|
24.36%
|
EPS
2 |
22.10
|
1.090
|
8.690
|
9.712
|
5.230
|
6.080
|
7.526
|
8.282
|
Free Cash Flow
1 |
1,008
|
1,147
|
1,056
|
623
|
959
|
2,028
|
3,514
|
4,477
|
FCF margin
|
5.15%
|
6.23%
|
5.61%
|
3%
|
5.3%
|
9.91%
|
15.91%
|
19.05%
|
FCF Conversion (EBITDA)
|
18.95%
|
25.83%
|
11.59%
|
6.11%
|
14.09%
|
26.16%
|
39.22%
|
45.65%
|
FCF Conversion (Net income)
|
6.49%
|
149.54%
|
17.31%
|
9.13%
|
26.46%
|
47.74%
|
67.33%
|
78.18%
|
Dividend per Share
2 |
-
|
2.000
|
2.250
|
2.500
|
2.750
|
3.064
|
3.427
|
3.672
|
Announcement Date
|
30/01/20
|
29/01/21
|
28/01/22
|
27/01/23
|
26/01/24
|
-
|
-
|
-
|
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 |
4,763
|
5,015
|
5,899
|
5,007
|
4,873
|
4,813
|
4,582
|
4,302
|
4,384
|
4,558
|
5,177
|
5,305
|
5,414
|
5,962
|
5,943
|
EBITDA
1 |
2,806
|
2,608
|
3,121
|
2,484
|
1,981
|
2,055
|
1,700
|
1,417
|
1,635
|
1,596
|
1,969
|
1,967
|
2,116
|
2,414
|
2,442
|
EBIT
1 |
2,408
|
2,223
|
2,735
|
2,094
|
1,590
|
1,596
|
1,229
|
913
|
1,119
|
1,077
|
1,457
|
1,507
|
1,701
|
2,002
|
2,084
|
Operating Margin
|
50.56%
|
44.33%
|
46.36%
|
41.82%
|
32.63%
|
33.16%
|
26.82%
|
21.22%
|
25.52%
|
23.63%
|
28.14%
|
28.4%
|
31.42%
|
33.58%
|
35.07%
|
Earnings before Tax (EBT)
1 |
2,380
|
2,208
|
2,730
|
2,097
|
1,568
|
1,537
|
1,126
|
802
|
978
|
954
|
1,296
|
1,476
|
1,593
|
2,015
|
1,994
|
Net income
1 |
1,995
|
1,760
|
2,180
|
1,649
|
1,215
|
1,213
|
916
|
663
|
833
|
789
|
1,062
|
1,066
|
1,251
|
1,592
|
1,575
|
Net margin
|
41.89%
|
35.09%
|
36.96%
|
32.93%
|
24.93%
|
25.2%
|
19.99%
|
15.41%
|
19%
|
17.31%
|
20.51%
|
20.1%
|
23.11%
|
26.7%
|
26.5%
|
EPS
2 |
2.840
|
2.510
|
3.104
|
2.350
|
1.730
|
1.727
|
1.320
|
0.9600
|
1.220
|
1.120
|
1.552
|
1.556
|
1.645
|
1.973
|
-
|
Dividend per Share
2 |
2.250
|
-
|
-
|
-
|
2.500
|
-
|
-
|
-
|
-
|
-
|
1.917
|
-
|
-
|
-
|
3.250
|
Announcement Date
|
28/01/22
|
29/04/22
|
22/07/22
|
28/10/22
|
27/01/23
|
28/04/23
|
21/07/23
|
27/10/23
|
26/01/24
|
26/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
8,597
|
7,671
|
7,752
|
9,989
|
10,765
|
11,856
|
10,536
|
11,813
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.616
x
|
1.728
x
|
0.851
x
|
0.9799
x
|
1.581
x
|
1.529
x
|
1.176
x
|
1.205
x
|
Free Cash Flow
1 |
1,008
|
1,147
|
1,056
|
623
|
959
|
2,028
|
3,514
|
4,477
|
ROE (net income / shareholders' equity)
|
5.29%
|
1.09%
|
10.3%
|
7.6%
|
3.61%
|
4.1%
|
4.85%
|
5.21%
|
ROA (Net income/ Total Assets)
|
3.57%
|
0.75%
|
5.47%
|
5.34%
|
2.54%
|
2.85%
|
3.41%
|
4.04%
|
Assets
1 |
435,107
|
101,859
|
111,454
|
127,794
|
142,654
|
148,819
|
153,188
|
141,703
|
Book Value Per Share
2 |
97.60
|
103.0
|
118.0
|
137.0
|
148.0
|
151.0
|
155.0
|
160.0
|
Cash Flow per Share
2 |
4.690
|
5.270
|
8.510
|
9.010
|
5.540
|
7.070
|
8.770
|
9.670
|
Capex
1 |
2,289
|
2,557
|
4,918
|
5,702
|
2,935
|
2,479
|
2,247
|
2,371
|
Capex / Sales
|
11.68%
|
13.89%
|
26.13%
|
27.42%
|
16.23%
|
12.11%
|
10.17%
|
10.08%
|
Announcement Date
|
30/01/20
|
29/01/21
|
28/01/22
|
27/01/23
|
26/01/24
|
-
|
-
|
-
|
Last Close Price
160.8
SEK Average target price
160.2
SEK Spread / Average Target -0.42% Consensus |
1st Jan change
|
Capi.
|
---|
| +3.20% | 20.33B | | -12.46% | 11.93B | | +3.22% | 6.63B | | +13.01% | 5.23B | | +16.76% | 3.96B | | +13.13% | 3.1B | | +65.34% | 2.7B | | +19.21% | 1.88B | | +21.13% | 1.71B |
Other Paper Products
|