Market Closed -
Nasdaq Stockholm
11:29:57 2024-05-03 am EDT
|
5-day change
|
1st Jan Change
|
162.2
SEK
|
-0.25%
|
|
+2.24%
|
+7.38%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
67,039
|
100,923
|
112,944
|
92,768
|
106,040
|
114,042
|
-
|
-
|
Enterprise Value (EV)
1 |
75,636
|
108,594
|
120,696
|
102,757
|
116,805
|
125,752
|
124,553
|
125,450
|
P/E ratio
|
4.3
x
|
131
x
|
18.5
x
|
13.6
x
|
28.9
x
|
26.2
x
|
21.8
x
|
19.7
x
|
Yield
|
-
|
1.4%
|
1.4%
|
1.89%
|
1.82%
|
1.89%
|
2.11%
|
2.26%
|
Capitalization / Revenue
|
3.42
x
|
5.48
x
|
6
x
|
4.46
x
|
5.86
x
|
5.58
x
|
5.2
x
|
4.89
x
|
EV / Revenue
|
3.86
x
|
5.9
x
|
6.41
x
|
4.94
x
|
6.46
x
|
6.15
x
|
5.67
x
|
5.38
x
|
EV / EBITDA
|
14.2
x
|
24.5
x
|
13.3
x
|
10.1
x
|
17.2
x
|
15.9
x
|
14
x
|
12.9
x
|
EV / FCF
|
75
x
|
94.7
x
|
114
x
|
165
x
|
122
x
|
62.9
x
|
36.8
x
|
29.7
x
|
FCF Yield
|
1.33%
|
1.06%
|
0.87%
|
0.61%
|
0.82%
|
1.59%
|
2.72%
|
3.37%
|
Price to Book
|
0.97
x
|
1.39
x
|
1.36
x
|
0.96
x
|
1.02
x
|
1.07
x
|
1.05
x
|
1.02
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
|
162.2
|
162.2
|
162.2
|
Announcement Date
|
1/30/20
|
1/29/21
|
1/28/22
|
1/27/23
|
1/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
19,591
|
18,410
|
18,822
|
20,794
|
18,081
|
20,445
|
21,951
|
23,306
|
EBITDA
1 |
5,319
|
4,440
|
9,109
|
10,194
|
6,807
|
7,888
|
8,876
|
9,689
|
EBIT
1 |
3,703
|
2,839
|
7,634
|
8,642
|
4,857
|
5,974
|
6,907
|
7,663
|
Operating Margin
|
18.9%
|
15.42%
|
40.56%
|
41.56%
|
26.86%
|
29.22%
|
31.47%
|
32.88%
|
Earnings before Tax (EBT)
1 |
19,539
|
1,028
|
7,527
|
8,603
|
4,443
|
5,287
|
6,448
|
7,123
|
Net income
1 |
15,522
|
767
|
6,101
|
6,821
|
3,625
|
4,328
|
5,158
|
5,691
|
Net margin
|
79.23%
|
4.17%
|
32.41%
|
32.8%
|
20.05%
|
21.17%
|
23.5%
|
24.42%
|
EPS
2 |
22.10
|
1.090
|
8.690
|
9.712
|
5.230
|
6.188
|
7.447
|
8.222
|
Free Cash Flow
1 |
1,008
|
1,147
|
1,056
|
623
|
959
|
2,000
|
3,387
|
4,225
|
FCF margin
|
5.15%
|
6.23%
|
5.61%
|
3%
|
5.3%
|
9.78%
|
15.43%
|
18.13%
|
FCF Conversion (EBITDA)
|
18.95%
|
25.83%
|
11.59%
|
6.11%
|
14.09%
|
25.35%
|
38.15%
|
43.61%
|
FCF Conversion (Net income)
|
6.49%
|
149.54%
|
17.31%
|
9.13%
|
26.46%
|
46.21%
|
65.66%
|
74.25%
|
Dividend per Share
2 |
-
|
2.000
|
2.250
|
2.500
|
2.750
|
3.064
|
3.427
|
3.672
|
Announcement Date
|
1/30/20
|
1/29/21
|
1/28/22
|
1/27/23
|
1/26/24
|
-
|
-
|
-
|
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
|
5,311
|
5,470
|
5,587
|
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
|
2,009
|
2,081
|
2,226
|
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
|
1,494
|
1,647
|
1,864
|
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%
|
28.13%
|
30.1%
|
33.36%
|
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
|
1,364
|
1,476
|
1,773
|
2,015
|
1,994
|
Net income
1 |
1,995
|
1,760
|
2,180
|
1,649
|
1,215
|
1,213
|
916
|
663
|
833
|
789
|
1,038
|
1,038
|
1,240
|
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%
|
19.55%
|
18.98%
|
22.2%
|
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
|
1.505
|
1.518
|
1.634
|
1.973
|
-
|
Dividend per Share
2 |
2.250
|
-
|
-
|
-
|
2.500
|
-
|
-
|
-
|
-
|
-
|
2.875
|
-
|
-
|
-
|
3.250
|
Announcement Date
|
1/28/22
|
4/29/22
|
7/22/22
|
10/28/22
|
1/27/23
|
4/28/23
|
7/21/23
|
10/27/23
|
1/26/24
|
4/26/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
8,597
|
7,671
|
7,752
|
9,989
|
10,765
|
11,710
|
10,511
|
11,408
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.616
x
|
1.728
x
|
0.851
x
|
0.9799
x
|
1.581
x
|
1.485
x
|
1.184
x
|
1.177
x
|
Free Cash Flow
1 |
1,008
|
1,147
|
1,056
|
623
|
959
|
2,000
|
3,387
|
4,225
|
ROE (net income / shareholders' equity)
|
5.29%
|
1.09%
|
10.3%
|
7.6%
|
3.61%
|
4.27%
|
4.78%
|
5.17%
|
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
|
151,600
|
151,397
|
140,821
|
Book Value Per Share
2 |
97.60
|
103.0
|
118.0
|
137.0
|
148.0
|
152.0
|
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
|
2,506
|
2,254
|
2,380
|
Capex / Sales
|
11.68%
|
13.89%
|
26.13%
|
27.42%
|
16.23%
|
12.26%
|
10.27%
|
10.21%
|
Announcement Date
|
1/30/20
|
1/29/21
|
1/28/22
|
1/27/23
|
1/26/24
|
-
|
-
|
-
|
Last Close Price
162.2
SEK Average target price
160.2
SEK Spread / Average Target -1.28% Consensus |
1st Jan change
|
Capi.
|
---|
| +7.38% | 10.56B | | -1.67% | 19.24B | | +6.36% | 15.05B | | +1.25% | 6.34B | | +11.76% | 5.07B | | +14.18% | 3.98B | | +17.98% | 3.21B | | +60.60% | 2.63B | | +12.70% | 1.77B | | -8.96% | 1.42B |
Other Paper Products
|