View ValuationArctic Paper 将来の成長Future 基準チェック /36Arctic Paper利益と収益がそれぞれ年間103.7%と3.4%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に3.7% 122.4%なると予測されています。主要情報103.7%収益成長率122.39%EPS成長率Forestry 収益成長18.3%収益成長率3.4%将来の株主資本利益率3.66%アナリストカバレッジLow最終更新日12 May 2026今後の成長に関する最新情報分析記事 • May 15Earnings Release: Here's Why Analysts Cut Their Arctic Paper S.A. (WSE:ATC) Price Target To zł7.15Last week, you might have seen that Arctic Paper S.A. ( WSE:ATC ) released its first-quarter result to the market. The...お知らせ • Feb 20+ 1 more updateArctic Paper S.A. Provides Consolidated and Standalone Earnings Guidance for the Fourth Quarter and Full Year 2025Arctic Paper S.A. provided consolidated and standalone earnings guidance for the fourth quarter and full year 2025. For the quarter on consolidated basis, the company estimated sales revenues PLN 745.1 million, estimated net loss of PLN 75.4 million. For the quarter, on standalone basis, the company estimated sales revenues PLN 4.6 million, estimated net loss of PLN 18.0 million. For the year, on consolidated basis, the company estimated sales revenues PLN 3,197.6 million, estimated net loss of PLN 175.4 million. For the year, on standalone basis, the company estimated sales revenues PLN 63.5 million, estimated net profit of PLN 16.1 million.Major Estimate Revision • Nov 14Consensus EPS estimates upgraded to zł0.68 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -zł1.21 to -zł0.68 per share. Revenue forecast steady at zł3.22b. Forestry industry in Poland expected to see average net income growth of 16% next year. Consensus price target of zł9.15 unchanged from last update. Share price was steady at zł8.13 over the past week.Major Estimate Revision • Aug 30Consensus EPS estimates fall by 30%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from zł3.70b to zł3.54b. EPS estimate also fell from zł3.61 per share to zł2.51 per share. Net income forecast to shrink 1.8% next year vs 28% growth forecast for Forestry industry in Poland . Consensus price target of zł24.72 unchanged from last update. Share price was steady at zł20.30 over the past week.Major Estimate Revision • Jul 02Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from zł3.89b to zł3.73b. EPS estimate also fell from zł4.30 per share to zł3.61 per share. Net income forecast to grow 14% next year vs 7.4% growth forecast for Forestry industry in Poland. Consensus price target of zł26.70 unchanged from last update. Share price was steady at zł24.24 over the past week.Major Estimate Revision • Nov 14Consensus EPS estimates increase by 26%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from zł2.97 to zł3.73. Revenue forecast steady at zł3.49b. Net income forecast to shrink 32% next year vs 32% decline forecast for Forestry industry in Poland. Consensus price target of zł16.60 unchanged from last update. Share price was steady at zł19.20 over the past week.すべての更新を表示Recent updates分析記事 • May 15Earnings Release: Here's Why Analysts Cut Their Arctic Paper S.A. (WSE:ATC) Price Target To zł7.15Last week, you might have seen that Arctic Paper S.A. ( WSE:ATC ) released its first-quarter result to the market. The...Reported Earnings • Apr 22Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: zł1.44 loss per share (down from zł2.23 profit in FY 2024). Revenue: zł3.20b (down 6.9% from FY 2024). Net loss: zł99.7m (down 165% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 112%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.お知らせ • Feb 20+ 1 more updateArctic Paper S.A. Provides Consolidated and Standalone Earnings Guidance for the Fourth Quarter and Full Year 2025Arctic Paper S.A. provided consolidated and standalone earnings guidance for the fourth quarter and full year 2025. For the quarter on consolidated basis, the company estimated sales revenues PLN 745.1 million, estimated net loss of PLN 75.4 million. For the quarter, on standalone basis, the company estimated sales revenues PLN 4.6 million, estimated net loss of PLN 18.0 million. For the year, on consolidated basis, the company estimated sales revenues PLN 3,197.6 million, estimated net loss of PLN 175.4 million. For the year, on standalone basis, the company estimated sales revenues PLN 63.5 million, estimated net profit of PLN 16.1 million.お知らせ • Jan 16+ 3 more updatesArctic Paper S.A. to Report First Half, 2026 Results on Aug 11, 2026Arctic Paper S.A. announced that they will report first half, 2026 results on Aug 11, 2026Major Estimate Revision • Nov 14Consensus EPS estimates upgraded to zł0.68 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -zł1.21 to -zł0.68 per share. Revenue forecast steady at zł3.22b. Forestry industry in Poland expected to see average net income growth of 16% next year. Consensus price target of zł9.15 unchanged from last update. Share price was steady at zł8.13 over the past week.New Risk • Nov 12New major risk - Revenue and earnings growthEarnings have declined by 6.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 6.2% per year over the past 5 years.Reported Earnings • Nov 07Third quarter 2025 earnings released: EPS: zł0.03 (vs zł0.44 in 3Q 2024)Third quarter 2025 results: EPS: zł0.03 (down from zł0.44 in 3Q 2024). Revenue: zł796.2m (down 2.8% from 3Q 2024). Net income: zł2.08m (down 93% from 3Q 2024). Profit margin: 0.3% (down from 3.8% in 3Q 2024). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.分析記事 • Jul 11Investors Aren't Entirely Convinced By Arctic Paper S.A.'s (WSE:ATC) EarningsThere wouldn't be many who think Arctic Paper S.A.'s ( WSE:ATC ) price-to-earnings (or "P/E") ratio of 14.5x is worth a...分析記事 • May 23Arctic Paper's (WSE:ATC) Problems Go Beyond Poor ProfitThe recent earnings release from Arctic Paper S.A. ( WSE:ATC ) was disappointing to investors. We think that they may...分析記事 • May 21Analysts Just Shaved Their Arctic Paper S.A. (WSE:ATC) Forecasts DramaticallyThe analysts covering Arctic Paper S.A. ( WSE:ATC ) delivered a dose of negativity to shareholders today, by making a...お知らせ • May 19Arctic Paper S.A., Annual General Meeting, Jun 11, 2025Arctic Paper S.A., Annual General Meeting, Jun 11, 2025.Reported Earnings • May 02Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: zł2.23 (down from zł3.57 in FY 2023). Revenue: zł3.43b (down 3.2% from FY 2023). Net income: zł154.5m (down 38% from FY 2023). Profit margin: 4.5% (down from 7.0% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 26%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.分析記事 • Mar 21Arctic Paper S.A.'s (WSE:ATC) Low P/E No Reason For ExcitementArctic Paper S.A.'s ( WSE:ATC ) price-to-earnings (or "P/E") ratio of 6.4x might make it look like a buy right now...お知らせ • Feb 18+ 4 more updatesArctic Paper S.A. to Report Q3, 2025 Results on Nov 06, 2025Arctic Paper S.A. announced that they will report Q3, 2025 results on Nov 06, 2025New Risk • Jan 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 8.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 8.1% per year for the foreseeable future. High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.お知らせ • Nov 15Arctic Paper S.A. (WSE:ATC) signed an agreement to acquire 4-megawatt solar park in Poland from Coral W. Perkowski, J.perkowski Sp.k.Arctic Paper S.A. (WSE:ATC) signed an agreement to acquire 4-megawatt solar park in Poland from Coral W. Perkowski, J.perkowski Sp.k. on November 14, 2024.分析記事 • Nov 15We Think That There Are More Issues For Arctic Paper (WSE:ATC) Than Just Sluggish EarningsInvestors were disappointed by Arctic Paper S.A.'s ( WSE:ATC ) latest earnings release. We did some further digging and...Reported Earnings • Nov 08Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: zł0.44 (down from zł0.74 in 3Q 2023). Revenue: zł819.3m (down 4.2% from 3Q 2023). Net income: zł30.8m (down 40% from 3Q 2023). Profit margin: 3.8% (down from 6.0% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 47%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Aug 30Consensus EPS estimates fall by 30%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from zł3.70b to zł3.54b. EPS estimate also fell from zł3.61 per share to zł2.51 per share. Net income forecast to shrink 1.8% next year vs 28% growth forecast for Forestry industry in Poland . Consensus price target of zł24.72 unchanged from last update. Share price was steady at zł20.30 over the past week.分析記事 • Aug 10Arctic Paper (WSE:ATC) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: zł0.26 (vs zł0.57 in 2Q 2023)Second quarter 2024 results: EPS: zł0.26 (down from zł0.57 in 2Q 2023). Revenue: zł839.2m (flat on 2Q 2023). Net income: zł17.9m (down 55% from 2Q 2023). Profit margin: 2.1% (down from 4.8% in 2Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Jul 02Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from zł3.89b to zł3.73b. EPS estimate also fell from zł4.30 per share to zł3.61 per share. Net income forecast to grow 14% next year vs 7.4% growth forecast for Forestry industry in Poland. Consensus price target of zł26.70 unchanged from last update. Share price was steady at zł24.24 over the past week.Upcoming Dividend • Jun 04Upcoming dividend of zł1.00 per shareEligible shareholders must have bought the stock before 11 June 2024. Payment date: 18 June 2024. Payout ratio is a comfortable 31% and the cash payout ratio is 84%. Trailing yield: 4.4%. Lower than top quartile of Polish dividend payers (7.6%). Higher than average of industry peers (3.1%).分析記事 • May 31Arctic Paper (WSE:ATC) Is Reducing Its Dividend To PLN1.00Arctic Paper S.A.'s ( WSE:ATC ) dividend is being reduced from last year's payment covering the same period to PLN1.00...お知らせ • May 30Arctic Paper Declares Dividend for the Year 2023, Payable on June 18, 2024Arctic Paper's ordinary general meeting decided to pay a total dividend of PLN 69.29 million (EUR 16.24 million) from 2023 profit, which translates into PLN 1 (EUR 0.23) per share. The dividend date was set as June 12, 2024 and the dividend payment date as June 18, 2024.分析記事 • May 23We Take A Look At Why Arctic Paper S.A.'s (WSE:ATC) CEO Compensation Is Well EarnedKey Insights Arctic Paper will host its Annual General Meeting on 29th of May CEO Michal Jarczynski's total...Reported Earnings • May 15First quarter 2024 earnings released: EPS: zł1.19 (vs zł1.07 in 1Q 2023)First quarter 2024 results: EPS: zł1.19 (up from zł1.07 in 1Q 2023). Revenue: zł965.4m (up 3.3% from 1Q 2023). Net income: zł82.5m (up 12% from 1Q 2023). Profit margin: 8.5% (up from 7.9% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 03Arctic Paper S.A., Annual General Meeting, May 29, 2024Arctic Paper S.A., Annual General Meeting, May 29, 2024, at 13:00 Central European Standard Time. Location: Fabryczna 1 street Kostrzyn Nad Odra Poland Agenda: To adopting a resolution on non-appointment of a Returning Committee of the Shareholders Meeting; to consider a resolution on the consideration and approval of the Management Board's report on the operations of the Company for the financial year 2023; to consider a resolution on the consideration and approval of the Company's financial statement for the financial year 2023; to consider the Management Board's report on the operations of the Company's Capital Group for the financial year 2023; to consider adoption of a resolution on appointment of Company's Supervisory Board for next term of office; and to consider any other matters.分析記事 • May 02Arctic Paper's (WSE:ATC) Shareholders Will Receive A Smaller Dividend Than Last YearArctic Paper S.A.'s ( WSE:ATC ) dividend is being reduced from last year's payment covering the same period to PLN1.00...お知らせ • Apr 23Arctic Paper S.A. Recommends Dividend for the Year 2023Arctic Paper S.A. announced that on April 22nd 2024 it received information that the Supervisory Board of the Company adopted a resolution approving the submission to the Ordinary Shareholders Meeting of the recommendation of the Management’s Board regarding the payment of dividend to the shareholders from part of the Company's net profit of the financial year 2023 in the amount of PLN 69,287,783.00. The dividend per share will amount to PLN 1.00 gross. The Management Board’s recommendation and the Supervisory Board’s opinion will be presented as a subject of the resolution of the Ordinary Shareholders Meeting. The final decision on the distribution of the Company's net profit of 2023 and the payment of dividend will be taken by the Ordinary Shareholders Meeting.Reported Earnings • Apr 10Full year 2023 earnings released: EPS: zł3.57 (vs zł9.11 in FY 2022)Full year 2023 results: EPS: zł3.57 (down from zł9.11 in FY 2022). Revenue: zł3.55b (down 28% from FY 2022). Net income: zł247.1m (down 61% from FY 2022). Profit margin: 7.0% (down from 13% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 48% per year.Major Estimate Revision • Nov 14Consensus EPS estimates increase by 26%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from zł2.97 to zł3.73. Revenue forecast steady at zł3.49b. Net income forecast to shrink 32% next year vs 32% decline forecast for Forestry industry in Poland. Consensus price target of zł16.60 unchanged from last update. Share price was steady at zł19.20 over the past week.お知らせ • Nov 08Arctic Paper Provides Production Guidance for the Year 2024Arctic Paper provided production guidance for the year 2024. For the year, the company expects to increase production of paper and cellulose year-on-year.Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: zł0.74 (vs zł3.20 in 3Q 2022)Third quarter 2023 results: EPS: zł0.74 (down from zł3.20 in 3Q 2022). Revenue: zł854.8m (down 39% from 3Q 2022). Net income: zł51.5m (down 77% from 3Q 2022). Profit margin: 6.0% (down from 16% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Oct 12Consensus EPS estimates increase by 18%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from zł2.52 to zł2.97. Revenue forecast steady at zł3.48b. Net income forecast to shrink 59% next year vs 33% decline forecast for Forestry industry in Poland. Consensus price target of zł16.60 unchanged from last update. Share price rose 8.9% to zł16.38 over the past week.New Risk • Sep 12New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 32% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 32% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: zł0.57 (vs zł3.12 in 2Q 2022)Second quarter 2023 results: EPS: zł0.57 (down from zł3.12 in 2Q 2022). Revenue: zł836.2m (down 36% from 2Q 2022). Net income: zł39.8m (down 82% from 2Q 2022). Profit margin: 4.8% (down from 17% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 7.9% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 10Arctic Paper S.A. Appoints Fabian Langenskiöld as A Member of the Company's Management Board with Effect from August 14, 2023Arctic Paper S.A. has appointed Fabian Langenskiöld as a member of the company's management board with effect from August 14, 2023. Fabian Langenskiöld joined Arctic Paper in 2019 and holds the position of Executive Vice President of Sales & Marketing. Fabian Langenskiöld has a Master of Science in Economics from the Hanken School of Economics in Helsinki, Finland. He has many years of marketing and sales experience in the paper industry and has held key positions at companies such as Stora Enso and Shandong Chenming Paper Holdings.お知らせ • Aug 04Arctic Paper S.A. Provides Earnings Guidance for the Second Quarter of 2023Arctic Paper S.A. provided earnings guidance for the second quarter of 2023. The company expects an EBITDA result for the second quarter of 2023 in the range of PLN 60- PLN 70 million, which is lower than current market estimates. The lower result is due to a significantly lower revenue of PLN 836 million (1,296); this in turn is due to the general economic slowdown and customers destocking. Arctic Paper focuses on margins and has adapted production with a high degree of cost efficiency to meet the weaker market.分析記事 • Aug 04Why The 34% Return On Capital At Arctic Paper (WSE:ATC) Should Have Your AttentionWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...Buying Opportunity • Jul 20Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.0%. The fair value is estimated to be zł22.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 75%.Buying Opportunity • Jul 04Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 5.7%. The fair value is estimated to be zł23.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 75%.Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to zł20.15, the stock trades at a trailing P/E ratio of 2.3x. Average forward P/E is 11x in the Forestry industry in Poland. Total returns to shareholders of 473% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at zł27.72 per share.分析記事 • Jun 15Are Investors Undervaluing Arctic Paper S.A. (WSE:ATC) By 24%?Key Insights Arctic Paper's estimated fair value is zł27.82 based on 2 Stage Free Cash Flow to Equity Arctic Paper is...Buying Opportunity • Jun 15Now 24% undervaluedOver the last 90 days, the stock is up 1.2%. The fair value is estimated to be zł27.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 75%.お知らせ • Jun 07Arctic Paper S.A. Dividend for the Financial Year 2022, Payable on 21 June 2023Arctic Paper S.A. at the AGM held on 6 June 2023, decided to allocate part of the Company's net profit of the financial year 2022, in the amount of PLN 187,077,014.10 for payment of dividend among the Company's shareholders. The dividend per share will amount to PLN 2.70 gross. Ordinary Shareholders Meeting set a dividend day on 15 June 2023 and dividend payment date on 21 June 2023.Upcoming Dividend • Jun 07Upcoming dividend of zł2.70 per share at 11% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 21 June 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of Polish dividend payers (7.4%). Higher than average of industry peers (5.6%).Buying Opportunity • May 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.1%. The fair value is estimated to be zł27.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 75%.お知らせ • May 12Arctic Paper S.A., Annual General Meeting, Jun 06, 2023Arctic Paper S.A., Annual General Meeting, Jun 06, 2023. Location: head office at Fabryczna 1 street, 66-470 Kostrzyn nad Odr Kostrzyn Poland Agenda: To consider adopting a resolution on non-appointment of a Returning Committee of the Shareholders Meeting; to consider adopting a resolution on the consideration and approval of the Management Board's report on the operations of the Company for the financial year 2021; to consider adopting a resolution on the consideration and approval of the Company's financial statement for the financial year 2022; and to transact such other business matter.分析記事 • May 12Here's Why We Think Arctic Paper (WSE:ATC) Might Deserve Your Attention TodayThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to zł21.10, the stock trades at a trailing P/E ratio of 2.3x. Average forward P/E is 11x in the Forestry industry in Poland. Total returns to shareholders of 398% over the past three years.お知らせ • May 10+ 2 more updatesArctic Paper S.A. Announces Executive ChangesArctic Paper S.A. informed that on 9th of May 2023, a Member of the Management Board Mr. Göran Eklund resigned from the position of Member of the Company's Management Board and the Company's Financial Director with effect as of 29th of May 2023. The reason for resignation is retirement. At the same time the Management Board of Arctic Paper S.A. informs that the Supervisory Board by resolution dated 9th of May 2023 appointed with effect as of 29th of May 2023, Mrs. Katarzyna Wojtkowiak as Member of the Management Board of the Company. She will also hold the position of Chief Financial Officer. Mrs. Katarzyna Wojtkowiak has many years of experience in positions in financial departments. She has been associated with the Arctic Paper Group for 11 years, where she was the Chief Accountant and Group Treasury. Ms. Katarzyna Wojtkowiak graduated from the Pozna University of Economics with a specialization in Capital Investments and Corporate Financial Strategies. She is also a certified auditor and a member of the Association of Chartered Certified Accountants (ACCA).Reported Earnings • Mar 30Full year 2022 earnings released: EPS: zł9.11 (vs zł1.84 in FY 2021)Full year 2022 results: EPS: zł9.11 (up from zł1.84 in FY 2021). Revenue: zł4.89b (up 43% from FY 2021). Net income: zł631.0m (up 396% from FY 2021). Profit margin: 13% (up from 3.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 9.9% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 74% per year and the company’s share price has also increased by 74% per year.Buying Opportunity • Mar 13Now 22% undervaluedOver the last 90 days, the stock is up 1.4%. The fair value is estimated to be zł27.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 71%. Revenue is forecast to decline by 3.5% in a year. Earnings is forecast to decline by 15% in the next year.Buying Opportunity • Feb 23Now 21% undervaluedOver the last 90 days, the stock is up 5.6%. The fair value is estimated to be zł26.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 71%. Revenue is forecast to decline by 3.5% in a year. Earnings is forecast to decline by 15% in the next year.お知らせ • Feb 17Arctic Paper S.A. Recommends Dividend for the Year 2022Arctic Paper S.A. announced that Management Board will recommend a dividend of PLN 2.7 per share for the year 2022.お知らせ • Jan 04Arctic Paper S.A.(OM:ARP) dropped from OMX Nordic Small Cap IndexArctic Paper Spólka Akcyjna has been removed from OMX Nordic Small Cap Indexお知らせ • Jan 03+ 3 more updatesArctic Paper S.A. to Report Q3, 2023 Results on Nov 07, 2023Arctic Paper S.A. announced that they will report Q3, 2023 results on Nov 07, 2023Reported Earnings • Nov 09Third quarter 2022 earnings released: EPS: zł3.20 (vs zł0.53 in 3Q 2021)Third quarter 2022 results: EPS: zł3.20 (up from zł0.53 in 3Q 2021). Revenue: zł1.40b (up 58% from 3Q 2021). Net income: zł221.9m (up zł185.0m from 3Q 2021). Profit margin: 16% (up from 4.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Nov 03Why The 25% Return On Capital At Arctic Paper (WSE:ATC) Should Have Your AttentionIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Oct 19These 4 Measures Indicate That Arctic Paper (WSE:ATC) Is Using Debt Reasonably WellDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Valuation Update With 7 Day Price Move • Sep 26Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to zł17.20, the stock trades at a trailing P/E ratio of 2.9x. Average trailing P/E is 11x in the Forestry industry in Poland. Total returns to shareholders of 533% over the past three years.分析記事 • Sep 09With EPS Growth And More, Arctic Paper (WSE:ATC) Makes An Interesting CaseThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...分析記事 • Aug 02We Like These Underlying Return On Capital Trends At Arctic Paper (WSE:ATC)Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improved over the past weekAfter last week's 19% share price gain to zł18.54, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 17x in the Forestry industry in Poland. Total returns to shareholders of 612% over the past three years.Upcoming Dividend • Jun 22Upcoming dividend of zł0.40 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Polish dividend payers (8.2%). Lower than average of industry peers (3.5%).Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improved over the past weekAfter last week's 21% share price gain to zł14.20, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 7x in the Forestry industry in Poland. Total returns to shareholders of 504% over the past three years.分析記事 • May 28Arctic Paper (WSE:ATC) Will Pay A Larger Dividend Than Last Year At zł0.40Arctic Paper S.A.'s ( WSE:ATC ) dividend will be increasing to zł0.40 on 8th of July. The announced payment will take...Reported Earnings • May 10First quarter 2022 earnings released: EPS: zł1.74 (vs zł0.42 in 1Q 2021)First quarter 2022 results: EPS: zł1.74 (up from zł0.42 in 1Q 2021). Revenue: zł1.11b (up 42% from 1Q 2021). Net income: zł120.7m (up 315% from 1Q 2021). Profit margin: 11% (up from 3.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • May 10Calculating The Fair Value Of Arctic Paper S.A. (WSE:ATC)In this article we are going to estimate the intrinsic value of Arctic Paper S.A. ( WSE:ATC ) by taking the forecast...分析記事 • Apr 14Arctic Paper's (WSE:ATC) Returns Have Hit A WallFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...分析記事 • Mar 23Is Now The Time To Put Arctic Paper (WSE:ATC) On Your Watchlist?Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...分析記事 • Feb 25These 4 Measures Indicate That Arctic Paper (WSE:ATC) Is Using Debt Reasonably WellDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Feb 22Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: zł2.54 (up from zł1.60 in FY 2020). Revenue: zł3.41b (up 20% from FY 2020). Net income: zł175.9m (up 58% from FY 2020). Profit margin: 5.2% (up from 3.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 18Arctic Paper S.A. Announces DividendArctic Paper S.A. announced dividend of PLN 0.40 per share from 2021 profits.分析記事 • Jan 03Slowing Rates Of Return At Arctic Paper (WSE:ATC) Leave Little Room For ExcitementIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS zł0.53 (vs zł0.64 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: zł889.7m (up 27% from 3Q 2020). Net income: zł36.8m (down 17% from 3Q 2020). Profit margin: 4.1% (down from 6.3% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 15% share price gain to zł8.99, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 12x in the Forestry industry in Poland. Total returns to shareholders of 157% over the past three years.Reported Earnings • Aug 21Second quarter 2021 earnings released: EPS zł0.27 (vs zł0.15 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł786.6m (up 28% from 2Q 2020). Net income: zł18.4m (up 76% from 2Q 2020). Profit margin: 2.3% (up from 1.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 23Upcoming dividend of zł0.30 per shareEligible shareholders must have bought the stock before 30 June 2021. Payment date: 14 July 2021. Trailing yield: 4.9%. Lower than top quartile of Polish dividend payers (5.9%). Higher than average of industry peers (2.8%).分析記事 • Jun 02The Returns At Arctic Paper (WSE:ATC) Aren't GrowingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Reported Earnings • May 16First quarter 2021 earnings released: EPS zł0.42 (vs zł0.79 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł782.8m (down 3.8% from 1Q 2020). Net income: zł29.1m (down 47% from 1Q 2020). Profit margin: 3.7% (down from 6.8% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.分析記事 • May 12Here's Why Arctic Paper (WSE:ATC) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improved over the past weekAfter last week's 15% share price gain to zł6.47, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 20x in the Forestry industry in Poland. Total returns to shareholders of 84% over the past three years.業績と収益の成長予測WSE:ATC - アナリストの将来予測と過去の財務データ ( )PLN Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20283,46569-30170312/31/20273,38147-44159312/31/20263,179-21-1433733/31/20263,189-108162129N/A12/31/20253,198-100118118N/A9/30/20253,263-33-226134N/A6/30/20253,286-5-297105N/A3/31/20253,29259-35072N/A12/31/20243,435154-235188N/A9/30/20243,450179-163205N/A6/30/20243,48520098409N/A3/31/20243,482222224466N/A12/31/20233,549247271471N/A9/30/20233,808272299471N/A6/30/20234,356442367516N/A3/31/20234,816618506653N/A12/31/20224,894631453607N/A9/30/20224,763601457614N/A6/30/20224,250416248420N/A3/31/20223,74121967232N/A12/31/20213,41312778238N/A9/30/20213,17486-8129N/A6/30/20212,9879368196N/A3/31/20212,8168525165N/A12/31/20202,84711175211N/A9/30/20202,872120156305N/A6/30/20202,964102137307N/A3/31/20203,110123202353N/A12/31/20193,11783N/A342N/A9/30/20193,14634N/A305N/A6/30/20193,16933N/A254N/A3/31/20193,1915N/A207N/A12/31/20183,1588N/A149N/A9/30/20183,13031N/A168N/A6/30/20183,04827N/A158N/A3/31/20182,96731N/A241N/A12/31/20172,95342N/A262N/A9/30/20172,92061N/A249N/A6/30/20172,94465N/A273N/A3/31/20172,96261N/A207N/A12/31/20162,96746N/A185N/A9/30/20162,97039N/A159N/A6/30/20162,94124N/A132N/A3/31/20162,90830N/A135N/A12/31/20152,90026N/A173N/A9/30/20152,89153N/A139N/A6/30/20152,88873N/A201N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: ATCは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 5.3% ) よりも高い成長率であると考えられます。収益対市場: ATC今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: ATC今後 3 年以内に収益を上げることが予想されます。収益対市場: ATCの収益 ( 3.4% ) Polish市場 ( 4.5% ) よりも低い成長が予測されています。高い収益成長: ATCの収益 ( 3.4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: ATCの 自己資本利益率 は、3年後には低くなると予測されています ( 3.7 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 13:08終値2026/05/20 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Arctic Paper S.A. 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。8 アナリスト機関null nullABG Sundal Colliernull nullABG Sundal Collier SponsoredBeata Szparaga-WasniewskaBiuro maklerskie mBanku5 その他のアナリストを表示
分析記事 • May 15Earnings Release: Here's Why Analysts Cut Their Arctic Paper S.A. (WSE:ATC) Price Target To zł7.15Last week, you might have seen that Arctic Paper S.A. ( WSE:ATC ) released its first-quarter result to the market. The...
お知らせ • Feb 20+ 1 more updateArctic Paper S.A. Provides Consolidated and Standalone Earnings Guidance for the Fourth Quarter and Full Year 2025Arctic Paper S.A. provided consolidated and standalone earnings guidance for the fourth quarter and full year 2025. For the quarter on consolidated basis, the company estimated sales revenues PLN 745.1 million, estimated net loss of PLN 75.4 million. For the quarter, on standalone basis, the company estimated sales revenues PLN 4.6 million, estimated net loss of PLN 18.0 million. For the year, on consolidated basis, the company estimated sales revenues PLN 3,197.6 million, estimated net loss of PLN 175.4 million. For the year, on standalone basis, the company estimated sales revenues PLN 63.5 million, estimated net profit of PLN 16.1 million.
Major Estimate Revision • Nov 14Consensus EPS estimates upgraded to zł0.68 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -zł1.21 to -zł0.68 per share. Revenue forecast steady at zł3.22b. Forestry industry in Poland expected to see average net income growth of 16% next year. Consensus price target of zł9.15 unchanged from last update. Share price was steady at zł8.13 over the past week.
Major Estimate Revision • Aug 30Consensus EPS estimates fall by 30%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from zł3.70b to zł3.54b. EPS estimate also fell from zł3.61 per share to zł2.51 per share. Net income forecast to shrink 1.8% next year vs 28% growth forecast for Forestry industry in Poland . Consensus price target of zł24.72 unchanged from last update. Share price was steady at zł20.30 over the past week.
Major Estimate Revision • Jul 02Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from zł3.89b to zł3.73b. EPS estimate also fell from zł4.30 per share to zł3.61 per share. Net income forecast to grow 14% next year vs 7.4% growth forecast for Forestry industry in Poland. Consensus price target of zł26.70 unchanged from last update. Share price was steady at zł24.24 over the past week.
Major Estimate Revision • Nov 14Consensus EPS estimates increase by 26%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from zł2.97 to zł3.73. Revenue forecast steady at zł3.49b. Net income forecast to shrink 32% next year vs 32% decline forecast for Forestry industry in Poland. Consensus price target of zł16.60 unchanged from last update. Share price was steady at zł19.20 over the past week.
分析記事 • May 15Earnings Release: Here's Why Analysts Cut Their Arctic Paper S.A. (WSE:ATC) Price Target To zł7.15Last week, you might have seen that Arctic Paper S.A. ( WSE:ATC ) released its first-quarter result to the market. The...
Reported Earnings • Apr 22Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: zł1.44 loss per share (down from zł2.23 profit in FY 2024). Revenue: zł3.20b (down 6.9% from FY 2024). Net loss: zł99.7m (down 165% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 112%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 20+ 1 more updateArctic Paper S.A. Provides Consolidated and Standalone Earnings Guidance for the Fourth Quarter and Full Year 2025Arctic Paper S.A. provided consolidated and standalone earnings guidance for the fourth quarter and full year 2025. For the quarter on consolidated basis, the company estimated sales revenues PLN 745.1 million, estimated net loss of PLN 75.4 million. For the quarter, on standalone basis, the company estimated sales revenues PLN 4.6 million, estimated net loss of PLN 18.0 million. For the year, on consolidated basis, the company estimated sales revenues PLN 3,197.6 million, estimated net loss of PLN 175.4 million. For the year, on standalone basis, the company estimated sales revenues PLN 63.5 million, estimated net profit of PLN 16.1 million.
お知らせ • Jan 16+ 3 more updatesArctic Paper S.A. to Report First Half, 2026 Results on Aug 11, 2026Arctic Paper S.A. announced that they will report first half, 2026 results on Aug 11, 2026
Major Estimate Revision • Nov 14Consensus EPS estimates upgraded to zł0.68 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -zł1.21 to -zł0.68 per share. Revenue forecast steady at zł3.22b. Forestry industry in Poland expected to see average net income growth of 16% next year. Consensus price target of zł9.15 unchanged from last update. Share price was steady at zł8.13 over the past week.
New Risk • Nov 12New major risk - Revenue and earnings growthEarnings have declined by 6.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 6.2% per year over the past 5 years.
Reported Earnings • Nov 07Third quarter 2025 earnings released: EPS: zł0.03 (vs zł0.44 in 3Q 2024)Third quarter 2025 results: EPS: zł0.03 (down from zł0.44 in 3Q 2024). Revenue: zł796.2m (down 2.8% from 3Q 2024). Net income: zł2.08m (down 93% from 3Q 2024). Profit margin: 0.3% (down from 3.8% in 3Q 2024). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.
分析記事 • Jul 11Investors Aren't Entirely Convinced By Arctic Paper S.A.'s (WSE:ATC) EarningsThere wouldn't be many who think Arctic Paper S.A.'s ( WSE:ATC ) price-to-earnings (or "P/E") ratio of 14.5x is worth a...
分析記事 • May 23Arctic Paper's (WSE:ATC) Problems Go Beyond Poor ProfitThe recent earnings release from Arctic Paper S.A. ( WSE:ATC ) was disappointing to investors. We think that they may...
分析記事 • May 21Analysts Just Shaved Their Arctic Paper S.A. (WSE:ATC) Forecasts DramaticallyThe analysts covering Arctic Paper S.A. ( WSE:ATC ) delivered a dose of negativity to shareholders today, by making a...
お知らせ • May 19Arctic Paper S.A., Annual General Meeting, Jun 11, 2025Arctic Paper S.A., Annual General Meeting, Jun 11, 2025.
Reported Earnings • May 02Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: zł2.23 (down from zł3.57 in FY 2023). Revenue: zł3.43b (down 3.2% from FY 2023). Net income: zł154.5m (down 38% from FY 2023). Profit margin: 4.5% (down from 7.0% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 26%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
分析記事 • Mar 21Arctic Paper S.A.'s (WSE:ATC) Low P/E No Reason For ExcitementArctic Paper S.A.'s ( WSE:ATC ) price-to-earnings (or "P/E") ratio of 6.4x might make it look like a buy right now...
お知らせ • Feb 18+ 4 more updatesArctic Paper S.A. to Report Q3, 2025 Results on Nov 06, 2025Arctic Paper S.A. announced that they will report Q3, 2025 results on Nov 06, 2025
New Risk • Jan 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 8.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 8.1% per year for the foreseeable future. High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
お知らせ • Nov 15Arctic Paper S.A. (WSE:ATC) signed an agreement to acquire 4-megawatt solar park in Poland from Coral W. Perkowski, J.perkowski Sp.k.Arctic Paper S.A. (WSE:ATC) signed an agreement to acquire 4-megawatt solar park in Poland from Coral W. Perkowski, J.perkowski Sp.k. on November 14, 2024.
分析記事 • Nov 15We Think That There Are More Issues For Arctic Paper (WSE:ATC) Than Just Sluggish EarningsInvestors were disappointed by Arctic Paper S.A.'s ( WSE:ATC ) latest earnings release. We did some further digging and...
Reported Earnings • Nov 08Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: zł0.44 (down from zł0.74 in 3Q 2023). Revenue: zł819.3m (down 4.2% from 3Q 2023). Net income: zł30.8m (down 40% from 3Q 2023). Profit margin: 3.8% (down from 6.0% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 47%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Aug 30Consensus EPS estimates fall by 30%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from zł3.70b to zł3.54b. EPS estimate also fell from zł3.61 per share to zł2.51 per share. Net income forecast to shrink 1.8% next year vs 28% growth forecast for Forestry industry in Poland . Consensus price target of zł24.72 unchanged from last update. Share price was steady at zł20.30 over the past week.
分析記事 • Aug 10Arctic Paper (WSE:ATC) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: zł0.26 (vs zł0.57 in 2Q 2023)Second quarter 2024 results: EPS: zł0.26 (down from zł0.57 in 2Q 2023). Revenue: zł839.2m (flat on 2Q 2023). Net income: zł17.9m (down 55% from 2Q 2023). Profit margin: 2.1% (down from 4.8% in 2Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Jul 02Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from zł3.89b to zł3.73b. EPS estimate also fell from zł4.30 per share to zł3.61 per share. Net income forecast to grow 14% next year vs 7.4% growth forecast for Forestry industry in Poland. Consensus price target of zł26.70 unchanged from last update. Share price was steady at zł24.24 over the past week.
Upcoming Dividend • Jun 04Upcoming dividend of zł1.00 per shareEligible shareholders must have bought the stock before 11 June 2024. Payment date: 18 June 2024. Payout ratio is a comfortable 31% and the cash payout ratio is 84%. Trailing yield: 4.4%. Lower than top quartile of Polish dividend payers (7.6%). Higher than average of industry peers (3.1%).
分析記事 • May 31Arctic Paper (WSE:ATC) Is Reducing Its Dividend To PLN1.00Arctic Paper S.A.'s ( WSE:ATC ) dividend is being reduced from last year's payment covering the same period to PLN1.00...
お知らせ • May 30Arctic Paper Declares Dividend for the Year 2023, Payable on June 18, 2024Arctic Paper's ordinary general meeting decided to pay a total dividend of PLN 69.29 million (EUR 16.24 million) from 2023 profit, which translates into PLN 1 (EUR 0.23) per share. The dividend date was set as June 12, 2024 and the dividend payment date as June 18, 2024.
分析記事 • May 23We Take A Look At Why Arctic Paper S.A.'s (WSE:ATC) CEO Compensation Is Well EarnedKey Insights Arctic Paper will host its Annual General Meeting on 29th of May CEO Michal Jarczynski's total...
Reported Earnings • May 15First quarter 2024 earnings released: EPS: zł1.19 (vs zł1.07 in 1Q 2023)First quarter 2024 results: EPS: zł1.19 (up from zł1.07 in 1Q 2023). Revenue: zł965.4m (up 3.3% from 1Q 2023). Net income: zł82.5m (up 12% from 1Q 2023). Profit margin: 8.5% (up from 7.9% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 03Arctic Paper S.A., Annual General Meeting, May 29, 2024Arctic Paper S.A., Annual General Meeting, May 29, 2024, at 13:00 Central European Standard Time. Location: Fabryczna 1 street Kostrzyn Nad Odra Poland Agenda: To adopting a resolution on non-appointment of a Returning Committee of the Shareholders Meeting; to consider a resolution on the consideration and approval of the Management Board's report on the operations of the Company for the financial year 2023; to consider a resolution on the consideration and approval of the Company's financial statement for the financial year 2023; to consider the Management Board's report on the operations of the Company's Capital Group for the financial year 2023; to consider adoption of a resolution on appointment of Company's Supervisory Board for next term of office; and to consider any other matters.
分析記事 • May 02Arctic Paper's (WSE:ATC) Shareholders Will Receive A Smaller Dividend Than Last YearArctic Paper S.A.'s ( WSE:ATC ) dividend is being reduced from last year's payment covering the same period to PLN1.00...
お知らせ • Apr 23Arctic Paper S.A. Recommends Dividend for the Year 2023Arctic Paper S.A. announced that on April 22nd 2024 it received information that the Supervisory Board of the Company adopted a resolution approving the submission to the Ordinary Shareholders Meeting of the recommendation of the Management’s Board regarding the payment of dividend to the shareholders from part of the Company's net profit of the financial year 2023 in the amount of PLN 69,287,783.00. The dividend per share will amount to PLN 1.00 gross. The Management Board’s recommendation and the Supervisory Board’s opinion will be presented as a subject of the resolution of the Ordinary Shareholders Meeting. The final decision on the distribution of the Company's net profit of 2023 and the payment of dividend will be taken by the Ordinary Shareholders Meeting.
Reported Earnings • Apr 10Full year 2023 earnings released: EPS: zł3.57 (vs zł9.11 in FY 2022)Full year 2023 results: EPS: zł3.57 (down from zł9.11 in FY 2022). Revenue: zł3.55b (down 28% from FY 2022). Net income: zł247.1m (down 61% from FY 2022). Profit margin: 7.0% (down from 13% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 48% per year.
Major Estimate Revision • Nov 14Consensus EPS estimates increase by 26%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from zł2.97 to zł3.73. Revenue forecast steady at zł3.49b. Net income forecast to shrink 32% next year vs 32% decline forecast for Forestry industry in Poland. Consensus price target of zł16.60 unchanged from last update. Share price was steady at zł19.20 over the past week.
お知らせ • Nov 08Arctic Paper Provides Production Guidance for the Year 2024Arctic Paper provided production guidance for the year 2024. For the year, the company expects to increase production of paper and cellulose year-on-year.
Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: zł0.74 (vs zł3.20 in 3Q 2022)Third quarter 2023 results: EPS: zł0.74 (down from zł3.20 in 3Q 2022). Revenue: zł854.8m (down 39% from 3Q 2022). Net income: zł51.5m (down 77% from 3Q 2022). Profit margin: 6.0% (down from 16% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Oct 12Consensus EPS estimates increase by 18%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from zł2.52 to zł2.97. Revenue forecast steady at zł3.48b. Net income forecast to shrink 59% next year vs 33% decline forecast for Forestry industry in Poland. Consensus price target of zł16.60 unchanged from last update. Share price rose 8.9% to zł16.38 over the past week.
New Risk • Sep 12New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 32% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 32% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: zł0.57 (vs zł3.12 in 2Q 2022)Second quarter 2023 results: EPS: zł0.57 (down from zł3.12 in 2Q 2022). Revenue: zł836.2m (down 36% from 2Q 2022). Net income: zł39.8m (down 82% from 2Q 2022). Profit margin: 4.8% (down from 17% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 7.9% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 10Arctic Paper S.A. Appoints Fabian Langenskiöld as A Member of the Company's Management Board with Effect from August 14, 2023Arctic Paper S.A. has appointed Fabian Langenskiöld as a member of the company's management board with effect from August 14, 2023. Fabian Langenskiöld joined Arctic Paper in 2019 and holds the position of Executive Vice President of Sales & Marketing. Fabian Langenskiöld has a Master of Science in Economics from the Hanken School of Economics in Helsinki, Finland. He has many years of marketing and sales experience in the paper industry and has held key positions at companies such as Stora Enso and Shandong Chenming Paper Holdings.
お知らせ • Aug 04Arctic Paper S.A. Provides Earnings Guidance for the Second Quarter of 2023Arctic Paper S.A. provided earnings guidance for the second quarter of 2023. The company expects an EBITDA result for the second quarter of 2023 in the range of PLN 60- PLN 70 million, which is lower than current market estimates. The lower result is due to a significantly lower revenue of PLN 836 million (1,296); this in turn is due to the general economic slowdown and customers destocking. Arctic Paper focuses on margins and has adapted production with a high degree of cost efficiency to meet the weaker market.
分析記事 • Aug 04Why The 34% Return On Capital At Arctic Paper (WSE:ATC) Should Have Your AttentionWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Buying Opportunity • Jul 20Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.0%. The fair value is estimated to be zł22.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 75%.
Buying Opportunity • Jul 04Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 5.7%. The fair value is estimated to be zł23.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 75%.
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to zł20.15, the stock trades at a trailing P/E ratio of 2.3x. Average forward P/E is 11x in the Forestry industry in Poland. Total returns to shareholders of 473% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at zł27.72 per share.
分析記事 • Jun 15Are Investors Undervaluing Arctic Paper S.A. (WSE:ATC) By 24%?Key Insights Arctic Paper's estimated fair value is zł27.82 based on 2 Stage Free Cash Flow to Equity Arctic Paper is...
Buying Opportunity • Jun 15Now 24% undervaluedOver the last 90 days, the stock is up 1.2%. The fair value is estimated to be zł27.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 75%.
お知らせ • Jun 07Arctic Paper S.A. Dividend for the Financial Year 2022, Payable on 21 June 2023Arctic Paper S.A. at the AGM held on 6 June 2023, decided to allocate part of the Company's net profit of the financial year 2022, in the amount of PLN 187,077,014.10 for payment of dividend among the Company's shareholders. The dividend per share will amount to PLN 2.70 gross. Ordinary Shareholders Meeting set a dividend day on 15 June 2023 and dividend payment date on 21 June 2023.
Upcoming Dividend • Jun 07Upcoming dividend of zł2.70 per share at 11% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 21 June 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of Polish dividend payers (7.4%). Higher than average of industry peers (5.6%).
Buying Opportunity • May 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.1%. The fair value is estimated to be zł27.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 75%.
お知らせ • May 12Arctic Paper S.A., Annual General Meeting, Jun 06, 2023Arctic Paper S.A., Annual General Meeting, Jun 06, 2023. Location: head office at Fabryczna 1 street, 66-470 Kostrzyn nad Odr Kostrzyn Poland Agenda: To consider adopting a resolution on non-appointment of a Returning Committee of the Shareholders Meeting; to consider adopting a resolution on the consideration and approval of the Management Board's report on the operations of the Company for the financial year 2021; to consider adopting a resolution on the consideration and approval of the Company's financial statement for the financial year 2022; and to transact such other business matter.
分析記事 • May 12Here's Why We Think Arctic Paper (WSE:ATC) Might Deserve Your Attention TodayThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to zł21.10, the stock trades at a trailing P/E ratio of 2.3x. Average forward P/E is 11x in the Forestry industry in Poland. Total returns to shareholders of 398% over the past three years.
お知らせ • May 10+ 2 more updatesArctic Paper S.A. Announces Executive ChangesArctic Paper S.A. informed that on 9th of May 2023, a Member of the Management Board Mr. Göran Eklund resigned from the position of Member of the Company's Management Board and the Company's Financial Director with effect as of 29th of May 2023. The reason for resignation is retirement. At the same time the Management Board of Arctic Paper S.A. informs that the Supervisory Board by resolution dated 9th of May 2023 appointed with effect as of 29th of May 2023, Mrs. Katarzyna Wojtkowiak as Member of the Management Board of the Company. She will also hold the position of Chief Financial Officer. Mrs. Katarzyna Wojtkowiak has many years of experience in positions in financial departments. She has been associated with the Arctic Paper Group for 11 years, where she was the Chief Accountant and Group Treasury. Ms. Katarzyna Wojtkowiak graduated from the Pozna University of Economics with a specialization in Capital Investments and Corporate Financial Strategies. She is also a certified auditor and a member of the Association of Chartered Certified Accountants (ACCA).
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: zł9.11 (vs zł1.84 in FY 2021)Full year 2022 results: EPS: zł9.11 (up from zł1.84 in FY 2021). Revenue: zł4.89b (up 43% from FY 2021). Net income: zł631.0m (up 396% from FY 2021). Profit margin: 13% (up from 3.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 9.9% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 74% per year and the company’s share price has also increased by 74% per year.
Buying Opportunity • Mar 13Now 22% undervaluedOver the last 90 days, the stock is up 1.4%. The fair value is estimated to be zł27.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 71%. Revenue is forecast to decline by 3.5% in a year. Earnings is forecast to decline by 15% in the next year.
Buying Opportunity • Feb 23Now 21% undervaluedOver the last 90 days, the stock is up 5.6%. The fair value is estimated to be zł26.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 71%. Revenue is forecast to decline by 3.5% in a year. Earnings is forecast to decline by 15% in the next year.
お知らせ • Feb 17Arctic Paper S.A. Recommends Dividend for the Year 2022Arctic Paper S.A. announced that Management Board will recommend a dividend of PLN 2.7 per share for the year 2022.
お知らせ • Jan 04Arctic Paper S.A.(OM:ARP) dropped from OMX Nordic Small Cap IndexArctic Paper Spólka Akcyjna has been removed from OMX Nordic Small Cap Index
お知らせ • Jan 03+ 3 more updatesArctic Paper S.A. to Report Q3, 2023 Results on Nov 07, 2023Arctic Paper S.A. announced that they will report Q3, 2023 results on Nov 07, 2023
Reported Earnings • Nov 09Third quarter 2022 earnings released: EPS: zł3.20 (vs zł0.53 in 3Q 2021)Third quarter 2022 results: EPS: zł3.20 (up from zł0.53 in 3Q 2021). Revenue: zł1.40b (up 58% from 3Q 2021). Net income: zł221.9m (up zł185.0m from 3Q 2021). Profit margin: 16% (up from 4.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Nov 03Why The 25% Return On Capital At Arctic Paper (WSE:ATC) Should Have Your AttentionIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Oct 19These 4 Measures Indicate That Arctic Paper (WSE:ATC) Is Using Debt Reasonably WellDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to zł17.20, the stock trades at a trailing P/E ratio of 2.9x. Average trailing P/E is 11x in the Forestry industry in Poland. Total returns to shareholders of 533% over the past three years.
分析記事 • Sep 09With EPS Growth And More, Arctic Paper (WSE:ATC) Makes An Interesting CaseThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
分析記事 • Aug 02We Like These Underlying Return On Capital Trends At Arctic Paper (WSE:ATC)Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improved over the past weekAfter last week's 19% share price gain to zł18.54, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 17x in the Forestry industry in Poland. Total returns to shareholders of 612% over the past three years.
Upcoming Dividend • Jun 22Upcoming dividend of zł0.40 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Polish dividend payers (8.2%). Lower than average of industry peers (3.5%).
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improved over the past weekAfter last week's 21% share price gain to zł14.20, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 7x in the Forestry industry in Poland. Total returns to shareholders of 504% over the past three years.
分析記事 • May 28Arctic Paper (WSE:ATC) Will Pay A Larger Dividend Than Last Year At zł0.40Arctic Paper S.A.'s ( WSE:ATC ) dividend will be increasing to zł0.40 on 8th of July. The announced payment will take...
Reported Earnings • May 10First quarter 2022 earnings released: EPS: zł1.74 (vs zł0.42 in 1Q 2021)First quarter 2022 results: EPS: zł1.74 (up from zł0.42 in 1Q 2021). Revenue: zł1.11b (up 42% from 1Q 2021). Net income: zł120.7m (up 315% from 1Q 2021). Profit margin: 11% (up from 3.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • May 10Calculating The Fair Value Of Arctic Paper S.A. (WSE:ATC)In this article we are going to estimate the intrinsic value of Arctic Paper S.A. ( WSE:ATC ) by taking the forecast...
分析記事 • Apr 14Arctic Paper's (WSE:ATC) Returns Have Hit A WallFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
分析記事 • Mar 23Is Now The Time To Put Arctic Paper (WSE:ATC) On Your Watchlist?Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
分析記事 • Feb 25These 4 Measures Indicate That Arctic Paper (WSE:ATC) Is Using Debt Reasonably WellDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Feb 22Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: zł2.54 (up from zł1.60 in FY 2020). Revenue: zł3.41b (up 20% from FY 2020). Net income: zł175.9m (up 58% from FY 2020). Profit margin: 5.2% (up from 3.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 18Arctic Paper S.A. Announces DividendArctic Paper S.A. announced dividend of PLN 0.40 per share from 2021 profits.
分析記事 • Jan 03Slowing Rates Of Return At Arctic Paper (WSE:ATC) Leave Little Room For ExcitementIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS zł0.53 (vs zł0.64 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: zł889.7m (up 27% from 3Q 2020). Net income: zł36.8m (down 17% from 3Q 2020). Profit margin: 4.1% (down from 6.3% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 15% share price gain to zł8.99, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 12x in the Forestry industry in Poland. Total returns to shareholders of 157% over the past three years.
Reported Earnings • Aug 21Second quarter 2021 earnings released: EPS zł0.27 (vs zł0.15 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł786.6m (up 28% from 2Q 2020). Net income: zł18.4m (up 76% from 2Q 2020). Profit margin: 2.3% (up from 1.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 23Upcoming dividend of zł0.30 per shareEligible shareholders must have bought the stock before 30 June 2021. Payment date: 14 July 2021. Trailing yield: 4.9%. Lower than top quartile of Polish dividend payers (5.9%). Higher than average of industry peers (2.8%).
分析記事 • Jun 02The Returns At Arctic Paper (WSE:ATC) Aren't GrowingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Reported Earnings • May 16First quarter 2021 earnings released: EPS zł0.42 (vs zł0.79 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł782.8m (down 3.8% from 1Q 2020). Net income: zł29.1m (down 47% from 1Q 2020). Profit margin: 3.7% (down from 6.8% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
分析記事 • May 12Here's Why Arctic Paper (WSE:ATC) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improved over the past weekAfter last week's 15% share price gain to zł6.47, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 20x in the Forestry industry in Poland. Total returns to shareholders of 84% over the past three years.