Is Holmen (STO:HOLM B) A Risky Investment?
Sep 01
Swedish (OMX) Paper and Forestry Products Industry Analysis
UpdatedSep 20, 2023
DataAggregated Company Financials
Companies5
- 7D3.9%
- 3M6.9%
- 1Y-1.1%
- YTD6.0%
All of the companies in the Paper and Forestry Products industry have been up over the last week, with the industry up 3.9%. Overall in the last year, the industry is flat. Looking forward, earnings are expected to remain mostly flat in the next few years.
Industry Valuation and Performance
Has the Swedish Paper and Forestry Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Sep 2023 | kr176.6b | kr57.0b | kr11.0b | 8.8x | 16.1x | 3.1x |
| Sat, 19 Aug 2023 | kr164.7b | kr56.6b | kr11.0b | 8.2x | 15x | 2.9x |
| Mon, 17 Jul 2023 | kr171.0b | kr59.1b | kr13.3b | 6.4x | 12.8x | 2.9x |
| Wed, 14 Jun 2023 | kr174.8b | kr59.1b | kr13.3b | 7x | 13.1x | 3x |
| Fri, 12 May 2023 | kr175.2b | kr59.1b | kr13.3b | 7.2x | 13.2x | 3x |
| Sun, 09 Apr 2023 | kr165.1b | kr58.5b | kr14.0b | 5.4x | 11.8x | 2.8x |
| Tue, 07 Mar 2023 | kr179.7b | kr58.6b | kr14.0b | 5.7x | 12.9x | 3.1x |
| Thu, 02 Feb 2023 | kr183.6b | kr61.4b | kr14.1b | 5.1x | 13x | 3x |
| Sat, 31 Dec 2022 | kr168.3b | kr56.2b | kr14.4b | 5.4x | 11.7x | 3x |
| Mon, 28 Nov 2022 | kr172.5b | kr56.2b | kr14.4b | 5.4x | 12x | 3.1x |
| Wed, 26 Oct 2022 | kr176.8b | kr55.7b | kr14.4b | 5.9x | 12.3x | 3.2x |
| Fri, 23 Sep 2022 | kr175.5b | kr54.8b | kr13.7b | 6.1x | 12.8x | 3.2x |
| Sun, 21 Aug 2022 | kr195.7b | kr55.5b | kr13.7b | 7.7x | 14.3x | 3.5x |
| Tue, 19 Jul 2022 | kr179.9b | kr51.6b | kr11.8b | 12.5x | 15.2x | 3.5x |
| Thu, 16 Jun 2022 | kr194.2b | kr51.6b | kr11.8b | 11.3x | 16.4x | 3.8x |
| Sat, 14 May 2022 | kr214.1b | kr51.6b | kr11.8b | 11.7x | 18.1x | 4.1x |
| Mon, 11 Apr 2022 | kr232.5b | kr49.0b | kr9.9b | 16x | 23.6x | 4.7x |
| Wed, 09 Mar 2022 | kr187.1b | kr49.4b | kr9.9b | 15.1x | 19x | 3.8x |
| Fri, 04 Feb 2022 | kr193.7b | kr49.1b | kr9.7b | 18.6x | 20x | 3.9x |
| Sun, 02 Jan 2022 | kr189.9b | kr47.7b | kr8.2b | 22.1x | 23.3x | 4x |
| Tue, 30 Nov 2021 | kr178.1b | kr47.7b | kr8.2b | 21.6x | 21.8x | 3.7x |
| Thu, 28 Oct 2021 | kr166.0b | kr46.5b | kr5.2b | 21.3x | 31.7x | 3.6x |
| Sat, 25 Sep 2021 | kr167.9b | kr45.2b | kr5.0b | 21.1x | 33.8x | 3.7x |
| Mon, 23 Aug 2021 | kr192.6b | kr45.2b | kr5.0b | 23x | 38.8x | 4.3x |
| Sat, 10 Jul 2021 | kr168.4b | kr45.2b | kr5.0b | 22.1x | 33.9x | 3.7x |
| Fri, 02 Apr 2021 | kr178.2b | kr43.4b | kr3.5b | 22.2x | 50.5x | 4.1x |
| Mon, 04 Jan 2021 | kr170.5b | kr43.8b | kr3.1b | 21.4x | 55.7x | 3.9x |
| Thu, 08 Oct 2020 | kr146.7b | kr41.5b | kr22.0b | 6.6x | 6.7x | 3.5x |
Price to Earnings Ratio
6.7x
Current Industry PE
- Investors are pessimistic on the Swedish Forestry industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 16.1x which is lower than its 3-year average PE of 23.4x.
- The 3-year average PS ratio of 3.6x is higher than the industry's current PS ratio of 3.1x.
Past Earnings Growth
- The earnings for companies in the Forestry industry have declined 21% per year over the last three years.
- Meanwhile revenues for these companies have grown 11% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Swedish Materials industry?
| SE Market | -0.21% | |
| Materials | 1.78% | |
| Paper and Forestry Products | 3.92% | |
| Paper Products | 4.22% | |
| Forestry Products | 3.72% | |
Industry PE
- Investors are most optimistic about the Forestry Products industry even though it's trading below its 3-year average PE ratio of 33.0x.
- Analysts are expecting annual earnings growth of 6.9%, which is higher than its past year's earnings decline of 33.4% per year.
- Investors are most pessimistic about the Paper Products industry, which is trading below its 3-year average of 18.9x.
Forecasted Growth
- Analysts are most optimistic on the Forestry Products industry, expecting annual earnings growth of 6.9% over the next 5 years.
- This is better than its past earnings decline of 33% per year.
- In contrast, the Paper Products industry is expected to see its earnings decline by 11% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SCA B Svenska Cellulosa Aktiebolaget | kr149.75 | 5.2% +kr5.2b | 1.3% | PE20.9x | |
| HOLM B Holmen | kr429.20 | 5.2% +kr3.4b | -0.9% | PE13.7x | |
| NPAPER Nordic Paper Holding | kr32.40 | 6.1% +kr123.8m | -0.3% | PE3.9x | |
| RROS Rottneros | kr11.32 | 4.8% +kr79.3m | -15.3% | PE4x | |
| BRG B Bergs Timber | kr25.65 | 1.6% +kr13.9m | -27.5% | PS0.3x |