Holmen AB (publ) Just Recorded A 6.8% EPS Beat: Here's What Analysts Are Forecasting Next
Aug 18
Swedish (OMX) Paper and Forestry Products Industry Analysis
UpdatedAug 18, 2024
DataAggregated Company Financials
Companies4
- 7D2.3%
- 3M-15.1%
- 1Y3.3%
- YTD-7.2%
Over the last 7 days, the Paper and Forestry Products industry has risen 2.3%, driven by gains from Holmen of 3.7%. This means that the industry has gained 3.3% over the past year. Looking forward, earnings are forecast to grow by 15% annually.
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 |
|---|---|---|---|---|---|---|
| Sun, 18 Aug 2024 | SEK 167.8b | SEK 51.5b | SEK 6.6b | 22.4x | 25.4x | 3.3x |
| Tue, 16 Jul 2024 | SEK 180.8b | SEK 50.5b | SEK 6.7b | 27.7x | 27x | 3.6x |
| Thu, 13 Jun 2024 | SEK 179.8b | SEK 50.5b | SEK 6.7b | 27.7x | 26.8x | 3.6x |
| Sat, 11 May 2024 | SEK 192.7b | SEK 50.5b | SEK 6.7b | 29.4x | 28.7x | 3.8x |
| Mon, 08 Apr 2024 | SEK 186.8b | SEK 51.3b | SEK 7.9b | 16.9x | 23.6x | 3.6x |
| Wed, 06 Mar 2024 | SEK 169.6b | SEK 50.5b | SEK 7.9b | 15.8x | 21.4x | 3.4x |
| Fri, 02 Feb 2024 | SEK 169.3b | SEK 54.4b | SEK 7.8b | 16.1x | 21.6x | 3.1x |
| Sun, 31 Dec 2023 | SEK 180.1b | SEK 55.9b | SEK 9.2b | 12.4x | 19.7x | 3.2x |
| Tue, 28 Nov 2023 | SEK 185.3b | SEK 55.9b | SEK 9.2b | 12.4x | 20.2x | 3.3x |
| Thu, 26 Oct 2023 | SEK 174.8b | SEK 57.0b | SEK 11.0b | 8.6x | 15.9x | 3.1x |
| Sat, 23 Sep 2023 | SEK 174.5b | SEK 57.0b | SEK 11.0b | 8.7x | 15.9x | 3.1x |
| Mon, 21 Aug 2023 | SEK 163.8b | SEK 57.0b | SEK 11.0b | 8.1x | 14.9x | 2.9x |
| Wed, 19 Jul 2023 | SEK 171.0b | SEK 59.1b | SEK 13.3b | 6.5x | 12.9x | 2.9x |
| Fri, 16 Jun 2023 | SEK 174.4b | SEK 59.1b | SEK 13.3b | 6.9x | 13.1x | 3x |
| Sun, 14 May 2023 | SEK 174.7b | SEK 59.1b | SEK 13.3b | 7x | 13.1x | 3x |
| Tue, 11 Apr 2023 | SEK 165.1b | SEK 58.5b | SEK 14.0b | 5.4x | 11.8x | 2.8x |
| Thu, 09 Mar 2023 | SEK 181.2b | SEK 59.4b | SEK 14.0b | 5.7x | 13x | 3x |
| Sat, 04 Feb 2023 | SEK 191.2b | SEK 58.4b | SEK 13.9b | 5.7x | 13.7x | 3.3x |
| Mon, 02 Jan 2023 | SEK 165.4b | SEK 56.2b | SEK 14.4b | 5.4x | 11.5x | 2.9x |
| Wed, 30 Nov 2022 | SEK 175.1b | SEK 56.2b | SEK 14.4b | 5.2x | 12.1x | 3.1x |
| Fri, 28 Oct 2022 | SEK 171.8b | SEK 55.6b | SEK 14.3b | 5.5x | 12x | 3.1x |
| Sun, 25 Sep 2022 | SEK 171.6b | SEK 54.8b | SEK 13.7b | 6.1x | 12.5x | 3.1x |
| Tue, 23 Aug 2022 | SEK 193.6b | SEK 54.8b | SEK 13.7b | 7.6x | 14.1x | 3.5x |
| Thu, 21 Jul 2022 | SEK 185.6b | SEK 51.6b | SEK 11.8b | 12.8x | 15.7x | 3.6x |
| Sat, 18 Jun 2022 | SEK 186.9b | SEK 51.6b | SEK 11.8b | 11.4x | 15.8x | 3.6x |
| Mon, 16 May 2022 | SEK 214.1b | SEK 51.6b | SEK 11.8b | 11.7x | 18.1x | 4.1x |
| Wed, 13 Apr 2022 | SEK 231.5b | SEK 49.0b | SEK 9.9b | 15.7x | 23.5x | 4.7x |
| Fri, 11 Mar 2022 | SEK 200.2b | SEK 48.4b | SEK 9.9b | 15.5x | 20.3x | 4.1x |
| Sun, 06 Feb 2022 | SEK 192.0b | SEK 49.3b | SEK 9.7b | 18.4x | 19.7x | 3.9x |
| Tue, 04 Jan 2022 | SEK 188.2b | SEK 47.7b | SEK 8.2b | 22.8x | 23.1x | 3.9x |
| Thu, 02 Dec 2021 | SEK 179.9b | SEK 47.7b | SEK 8.2b | 21.8x | 22.1x | 3.8x |
| Sat, 30 Oct 2021 | SEK 162.5b | SEK 46.9b | SEK 5.4b | 21.2x | 30.2x | 3.5x |
| Mon, 27 Sep 2021 | SEK 167.9b | SEK 45.2b | SEK 5.0b | 21.1x | 33.8x | 3.7x |
| Wed, 25 Aug 2021 | SEK 190.7b | SEK 45.2b | SEK 5.0b | 23.2x | 38.4x | 4.2x |
Price to Earnings Ratio
38.4x
Current Industry PE
- Investors are optimistic on the Swedish Forestry industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 25.4x which is higher than its 3-year average PE of 19.1x.
- The industry is trading close to its 3-year average PS ratio of 3.4x.
Past Earnings Growth
- The earnings for companies in the Forestry industry have grown 10% per year over the last three years.
- Revenues for these companies have grown 4.4% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Swedish Materials industry?
| SE Market | 2.33% | |
| Materials | 1.01% | |
| Paper and Forestry Products | 2.35% | |
| Paper Products | 3.42% | |
| Forestry Products | 1.58% | |
Industry PE
- Investors are most optimistic about the Forestry Products industry which is trading above its 3-year average PE ratio of 22.0x.
- Analysts are expecting annual earnings growth of 18.4%, which is higher than its past year's earnings decline of 34.9% per year.
- Investors are most pessimistic about the Paper Products industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 17.1x.
Forecasted Growth
- Analysts are most optimistic on the Forestry Products industry, expecting annual earnings growth of 18% over the next 5 years.
- This is better than its past earnings decline of 35% per year.
- In contrast, the Paper Products industry is expected to see its earnings grow 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 | |
|---|---|---|---|---|---|
| HOLM B Holmen | SEK 411.60 | 3.7% +SEK 2.3b | 4.3% | PE22.4x | |
| SCA B Svenska Cellulosa Aktiebolaget | SEK 138.10 | 1.6% +SEK 1.5b | 1.0% | PE29.6x | |
| NPAPER Nordic Paper Holding | SEK 54.95 | 0.5% +SEK 16.7m | 79.3% | PE8.8x |