Billerud Valuation
Is BILL undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of BILL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BILL (SEK104.1) is trading below our estimate of fair value (SEK155.92)
Significantly Below Fair Value: BILL is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BILL?
Other financial metrics that can be useful for relative valuation.
What is BILL's n/a Ratio? | |
---|---|
n/a | 0x |
n/a | n/a |
Market Cap | SEK 25.89b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 0.8x |
Enterprise Value/EBITDA | 8.9x |
PEG Ratio | 1.2x |
Price to Earnings Ratio vs Peers
How does BILL's PE Ratio compare to its peers?
Company | Forward PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 11.6x | ||
HPOL B HEXPOL | 15x | 5.7% | SEK 37.4b |
SSAB A SSAB | 4.4x | -7.6% | SEK 44.8b |
ALLEI Alleima | 13.9x | 17.6% | SEK 17.1b |
GRNG Gränges | 12.9x | 20.9% | SEK 12.8b |
BILL Billerud | 36.9x | 31.7% | SEK 25.9b |
Price-To-Earnings vs Peers: BILL is expensive based on its Price-To-Earnings Ratio (36.9x) compared to the peer average (11.6x).
Price to Earnings Ratio vs Industry
How does BILL's PE Ratio compare vs other companies in the European Packaging Industry?
Price-To-Earnings vs Industry: BILL is expensive based on its Price-To-Earnings Ratio (36.9x) compared to the European Packaging industry average (15x).
Price to Earnings Ratio vs Fair Ratio
What is BILL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 36.9x |
Fair PE Ratio | 25.4x |
Price-To-Earnings vs Fair Ratio: BILL is expensive based on its Price-To-Earnings Ratio (36.9x) compared to the estimated Fair Price-To-Earnings Ratio (25.4x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
---|---|---|---|---|---|---|---|
Current | SEK 104.10 | SEK 128.17 +23.1% | 9.1% | SEK 145.00 | SEK 112.00 | n/a | 6 |
Sep ’25 | SEK 107.90 | SEK 122.86 +13.9% | 13.7% | SEK 145.00 | SEK 91.00 | n/a | 7 |
Aug ’25 | SEK 106.60 | SEK 118.57 +11.2% | 15.4% | SEK 145.00 | SEK 91.00 | n/a | 7 |
Jul ’25 | SEK 98.45 | SEK 116.33 +18.2% | 14.7% | SEK 140.00 | SEK 91.00 | n/a | 6 |
Jun ’25 | SEK 105.10 | SEK 111.83 +6.4% | 18.1% | SEK 140.00 | SEK 87.00 | n/a | 6 |
May ’25 | SEK 92.35 | SEK 104.33 +13.0% | 14.0% | SEK 130.00 | SEK 87.00 | n/a | 6 |
Apr ’25 | SEK 96.02 | SEK 103.17 +7.4% | 12.9% | SEK 126.00 | SEK 88.00 | n/a | 6 |
Mar ’25 | SEK 90.76 | SEK 102.00 +12.4% | 14.5% | SEK 126.00 | SEK 83.00 | n/a | 7 |
Feb ’25 | SEK 91.84 | SEK 102.71 +11.8% | 14.4% | SEK 126.00 | SEK 83.00 | n/a | 7 |
Jan ’25 | SEK 102.40 | SEK 103.57 +1.1% | 13.9% | SEK 126.00 | SEK 84.00 | n/a | 7 |
Dec ’24 | SEK 104.25 | SEK 103.57 -0.7% | 13.9% | SEK 126.00 | SEK 84.00 | n/a | 7 |
Nov ’24 | SEK 103.00 | SEK 102.57 -0.4% | 14.0% | SEK 126.00 | SEK 84.00 | n/a | 7 |
Oct ’24 | SEK 101.35 | SEK 94.71 -6.5% | 13.8% | SEK 112.00 | SEK 75.00 | n/a | 7 |
Sep ’24 | SEK 90.58 | SEK 91.57 +1.1% | 12.1% | SEK 110.00 | SEK 75.00 | SEK 107.90 | 7 |
Aug ’24 | SEK 87.86 | SEK 91.57 +4.2% | 12.1% | SEK 110.00 | SEK 75.00 | SEK 106.60 | 7 |
Jul ’24 | SEK 81.96 | SEK 100.86 +23.1% | 7.0% | SEK 110.00 | SEK 91.00 | SEK 98.45 | 7 |
Jun ’24 | SEK 85.10 | SEK 108.57 +27.6% | 10.5% | SEK 125.00 | SEK 91.00 | SEK 105.10 | 7 |
May ’24 | SEK 98.36 | SEK 113.57 +15.5% | 12.3% | SEK 135.00 | SEK 91.00 | SEK 92.35 | 7 |
Apr ’24 | SEK 106.55 | SEK 127.43 +19.6% | 6.0% | SEK 135.00 | SEK 110.00 | SEK 96.02 | 7 |
Mar ’24 | SEK 122.65 | SEK 131.00 +6.8% | 2.4% | SEK 135.00 | SEK 125.00 | SEK 90.76 | 7 |
Feb ’24 | SEK 122.90 | SEK 134.83 +9.7% | 3.5% | SEK 142.00 | SEK 130.00 | SEK 91.84 | 6 |
Jan ’24 | SEK 127.10 | SEK 148.00 +16.4% | 11.0% | SEK 178.00 | SEK 130.00 | SEK 102.40 | 5 |
Dec ’23 | SEK 146.10 | SEK 161.00 +10.2% | 19.6% | SEK 215.00 | SEK 130.00 | SEK 104.25 | 5 |
Nov ’23 | SEK 141.80 | SEK 165.00 +16.4% | 17.2% | SEK 215.00 | SEK 140.00 | SEK 103.00 | 5 |
Oct ’23 | SEK 131.40 | SEK 160.80 +22.4% | 19.0% | SEK 215.00 | SEK 130.00 | SEK 101.35 | 5 |
Sep ’23 | SEK 136.35 | SEK 159.25 +16.8% | 21.3% | SEK 215.00 | SEK 130.00 | SEK 90.58 | 4 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.