Mayr-Melnhof Karton (MMK) Stock Overview
Manufactures and sells carton boards, paper, and folding cartons primarily in Europe. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
MMK Community Fair Values
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Analyst Price Targets
Mayr-Melnhof Karton AG Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €81.80 |
| 52 Week High | €102.40 |
| 52 Week Low | €69.70 |
| Beta | 0.56 |
| 1 Month Change | -7.57% |
| 3 Month Change | -17.04% |
| 1 Year Change | 8.63% |
| 3 Year Change | -39.85% |
| 5 Year Change | -50.30% |
| Change since IPO | 201.73% |
Recent News & Updates
Narrative Update • May 03
MMK: Dividend Outlook And Higher Margin Guidance Will Support Re Rating Potential
Analysts have adjusted their price target for Mayr-Melnhof Karton from €105.00 to €96.00, based on updated assumptions for revenue growth, profit margins, the discount rate and future P/E multiples. What's in the News An annual dividend of €2.00 per share has been proposed, with an ex-dividend date on May 6, 2026, a record date on May 7, 2026, and a payment date on May 13, 2026 (company announcement).Narrative Update • Apr 19
MMK: Dividend And Earnings Outlook Will Support Continued Re rating Potential
Analysts have kept their €105 price target for Mayr-Melnhof Karton unchanged, citing a mix of slightly adjusted assumptions on discount rate, revenue growth, profit margin, and future P/E that together point to a broadly steady view of the company’s valuation. What's in the News Ordinary Shareholders’ Meeting scheduled for April 29, 2026, includes a proposal to amend the Articles of Association in Section 22 (7) (company filing).Analysis Article • Apr 15
There May Be Some Bright Spots In Mayr-Melnhof Karton's (VIE:MMK) Earnings
The market was pleased with the recent earnings report from Mayr-Melnhof Karton AG ( VIE:MMK ), despite the profit...Recent updates
Narrative Update • May 03
MMK: Dividend Outlook And Higher Margin Guidance Will Support Re Rating Potential
Analysts have adjusted their price target for Mayr-Melnhof Karton from €105.00 to €96.00, based on updated assumptions for revenue growth, profit margins, the discount rate and future P/E multiples. What's in the News An annual dividend of €2.00 per share has been proposed, with an ex-dividend date on May 6, 2026, a record date on May 7, 2026, and a payment date on May 13, 2026 (company announcement).Narrative Update • Apr 19
MMK: Dividend And Earnings Outlook Will Support Continued Re rating Potential
Analysts have kept their €105 price target for Mayr-Melnhof Karton unchanged, citing a mix of slightly adjusted assumptions on discount rate, revenue growth, profit margin, and future P/E that together point to a broadly steady view of the company’s valuation. What's in the News Ordinary Shareholders’ Meeting scheduled for April 29, 2026, includes a proposal to amend the Articles of Association in Section 22 (7) (company filing).Analysis Article • Apr 15
There May Be Some Bright Spots In Mayr-Melnhof Karton's (VIE:MMK) Earnings
The market was pleased with the recent earnings report from Mayr-Melnhof Karton AG ( VIE:MMK ), despite the profit...Narrative Update • Apr 04
MMK: Future Dividend Stream Will Support Confidence In Earnings Recovery
Analysts have trimmed their price target on Mayr-Melnhof Karton from €110 to €105, reflecting updated assumptions for the discount rate, revenue growth, profit margin, and future P/E levels. What's in the News Announced an annual dividend of €2.0000 per share, with ex date on May 6, 2026, record date on May 7, 2026, and payment on May 13, 2026 (Key Developments).
Narrative Update • Mar 20
MMK: Future Dividend And Impairment Guidance Will Shape Earnings Outlook
Analysts have trimmed their price target on Mayr-Melnhof Karton from €82.20 to €78.00, as updated assumptions around revenue growth, profit margins and the future P/E multiple feed into a slightly lower fair value view. What's in the News Announced an annual dividend of €2.0000 per share, with payment scheduled for May 13, 2026, ex date on May 06, 2026 and record date on May 07, 2026 (Key Developments).
Narrative Update • Mar 05
MMK: Asset Impairment Expectations Will Shape A Balanced Yet Cautious Outlook
Analysts have kept their €90.07 price target for Mayr-Melnhof Karton steady, with small tweaks to inputs such as the discount rate, profit margin assumptions and future P/E, which help to underpin their unchanged view on fair value. What's in the News Mayr-Melnhof Karton issued earnings guidance for the 2025 financial year based on its annual IFRS asset valuation.Narrative Update • Feb 19
MMK: Impairment Outlook And Stable Guidance Will Support Balanced Future Earnings Multiple
Analysts have maintained their price target for Mayr Melnhof Karton at €110.00, with small adjustments to the discount rate, revenue growth, and profit margin assumptions used to support that view. What's in the News Mayr Melnhof Karton issued earnings guidance for the 2025 financial year, outlining projected figures under IFRS for the MM Group (Key Developments).Narrative Update • Feb 05
MMK: Stable Assumptions Will Sustain An Overstretched Risk Profile
Analysts have maintained their fair value estimate for Mayr-Melnhof Karton at €90.07 per share, making only minor adjustments to inputs. These include a slightly lower discount rate and small changes to assumptions for revenue growth, profit margin and future P/E, which together support this unchanged price target.Analysis Article • Jan 23
Mayr-Melnhof Karton AG's (VIE:MMK) Price Is Right But Growth Is Lacking
When close to half the companies in Austria have price-to-earnings ratios (or "P/E's") above 17x, you may consider...Narrative Update • Jan 21
MMK: Refined Assumptions Will Shape A Steady Future Risk Profile
Analysts have maintained their fair value estimate for Mayr-Melnhof Karton at €90.07. Small adjustments to the discount rate, long-term revenue growth and profit margin assumptions, as well as the future P/E input, reflect a more finely tuned view of the company’s risk and earnings profile.Narrative Update • Jan 07
MMK: Lower Discount Rate Will Support Higher Future Earnings Multiple
Analysts have adjusted their price target on Mayr-Melnhof Karton from €115.00 to €110.00, citing updated assumptions for the discount rate, revenue growth, profit margins and future P/E, which result in a slightly lower fair value estimate. Valuation Changes Fair Value Estimate reduced slightly from €115.00 to €110.00, reflecting updated model assumptions.Narrative Update • Dec 19
MMK: Index Addition And Stable Outlook Will Shape Balanced Future Risk Profile
Analysts have raised their price target for Mayr-Melnhof Karton by €0.00 to reflect slightly higher discount rate assumptions and marginally improved long term profitability expectations. What's in the News Mayr-Melnhof Karton AG has been added to the S&P Global BMI Index, which may increase its visibility among international institutional investors (Key Developments) Valuation Changes Discount Rate, risen slightly from 6.71 percent to 6.71 percent; this implies a marginally higher required return Revenue Growth, effectively unchanged at around 1.07 percent; this indicates stable top line expectations Net Profit Margin, effectively unchanged at around 3.28 percent; this reflects steady long term profitability assumptions Future P/E, risen slightly from 14.58x to 14.58x; this suggests a marginally higher valuation multiple on expected earnings Fair Value Estimate, unchanged at approximately €90.07 per share; this indicates that overall valuation remains stable despite minor input adjustmentsNarrative Update • Dec 05
MMK: Index Membership Shifts Will Shape Future Risk And Opportunity Balance
Analysts have nudged their price target for Mayr-Melnhof Karton slightly higher to reflect modest improvements in the company’s discount rate and long term profitability assumptions, while keeping fair value broadly unchanged at approximately €90.07 per share. What's in the News Added to the S&P Global BMI Index, expanding the company’s visibility among global equity investors (Index Constituent Adds) Removed from the Austria ATX Index, potentially reducing its weight in domestic benchmark portfolios (Index Constituent Drops) Valuation Changes Fair Value per Share, unchanged at approximately €90.07, indicating no material revision to the intrinsic valuation.Narrative Update • Nov 21
MMK: Index Changes And Revised Projections Will Drive Renewed Share Momentum
Analysts have slightly increased their price target for Mayr-Melnhof Karton to €90.07 per share. They cite improved anticipated revenue growth, although this is partially offset by expectations of a lower profit margin and a higher future price-to-earnings ratio.Analysis Article • Nov 07
Mayr-Melnhof Karton AG (VIE:MMK) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Last week, you might have seen that Mayr-Melnhof Karton AG ( VIE:MMK ) released its quarterly result to the market. The...Narrative Update • Nov 06
MMK: Improved Margins And Index Inclusion Will Support Long-Term Upside
Analysts have revised their price target for Mayr-Melnhof Karton downward from €93.90 to €90.07. This reflects more cautious expectations for revenue growth, even though there is an improved profit margin outlook.Analysis Article • Nov 06
Is Mayr-Melnhof Karton (VIE:MMK) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Apr 23
Here's Why It's Unlikely That Mayr-Melnhof Karton AG's (VIE:MMK) CEO Will See A Pay Rise This Year
Key Insights Mayr-Melnhof Karton will host its Annual General Meeting on 30th of April CEO Peter Oswald's total...Analysis Article • Mar 25
Mayr-Melnhof Karton (VIE:MMK) Has Announced That It Will Be Increasing Its Dividend To €1.80
The board of Mayr-Melnhof Karton AG ( VIE:MMK ) has announced that it will be paying its dividend of €1.80 on the 14th...
New Narrative • Feb 06
Packaging Firm To Strengthen Market Position With Cost Reductions And New Product Launches
Profit improvement strategies, including cost reduction and price increases, aim to boost margins and profitability in the long term.Analysis Article • Jan 30
These 4 Measures Indicate That Mayr-Melnhof Karton (VIE:MMK) Is Using Debt Extensively
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Dec 22
Mayr-Melnhof Karton AG's (VIE:MMK) P/E Is On The Mark
With a price-to-earnings (or "P/E") ratio of 29.9x Mayr-Melnhof Karton AG ( VIE:MMK ) may be sending very bearish...Analysis Article • Nov 15
Why Mayr-Melnhof Karton's (VIE:MMK) Shaky Earnings Are Just The Beginning Of Its Problems
A lackluster earnings announcement from Mayr-Melnhof Karton AG ( VIE:MMK ) last week didn't sink the stock price...Analysis Article • Sep 20
Does Mayr-Melnhof Karton (VIE:MMK) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Jul 02
Mayr-Melnhof Karton AG's (VIE:MMK) Price In Tune With Revenues
With a median price-to-sales (or "P/S") ratio of close to 0.6x in the Packaging industry in Austria, you could be...Analysis Article • Apr 18
We Think Mayr-Melnhof Karton AG's (VIE:MMK) CEO Compensation Package Needs To Be Put Under A Microscope
Key Insights Mayr-Melnhof Karton will host its Annual General Meeting on 24th of April Salary of €1.28m is part of CEO...Analysis Article • Apr 11
Mayr-Melnhof Karton's (VIE:MMK) Weak Earnings May Only Reveal A Part Of The Whole Picture
Mayr-Melnhof Karton AG's ( VIE:MMK ) recent weak earnings report didn't cause a big stock movement. We think that...Analysis Article • Mar 15
Earnings Miss: Mayr-Melnhof Karton AG Missed EPS By 28% And Analysts Are Revising Their Forecasts
Mayr-Melnhof Karton AG ( VIE:MMK ) shareholders are probably feeling a little disappointed, since its shares fell 5.6...Analysis Article • Dec 11
Does Mayr-Melnhof Karton (VIE:MMK) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Aug 27
Does Mayr-Melnhof Karton (VIE:MMK) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • May 26
Is Mayr-Melnhof Karton (VIE:MMK) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Analysis Article • Apr 05
Mayr-Melnhof Karton (VIE:MMK) Is Increasing Its Dividend To €4.20
Mayr-Melnhof Karton AG's ( VIE:MMK ) dividend will be increasing from last year's payment of the same period to €4.20...Analysis Article • Mar 17
Mayr-Melnhof Karton's (VIE:MMK) Upcoming Dividend Will Be Larger Than Last Year's
The board of Mayr-Melnhof Karton AG ( VIE:MMK ) has announced that the dividend on 10th of May will be increased to...Analysis Article • Feb 26
An Intrinsic Calculation For Mayr-Melnhof Karton AG (VIE:MMK) Suggests It's 37% Undervalued
Key Insights Using the 2 Stage Free Cash Flow to Equity, Mayr-Melnhof Karton fair value estimate is €245 Mayr-Melnhof...Analysis Article • Jan 09
Here's Why Mayr-Melnhof Karton (VIE:MMK) Can Manage Its Debt Responsibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Shareholder Returns
| MMK | AT Packaging | AT Market | |
|---|---|---|---|
| 7D | 3.7% | -1.5% | -0.4% |
| 1Y | 8.6% | -23.2% | 24.5% |
Return vs Industry: MMK exceeded the Austrian Packaging industry which returned -23.2% over the past year.
Return vs Market: MMK underperformed the Austrian Market which returned 24.5% over the past year.
Price Volatility
| MMK volatility | |
|---|---|
| MMK Average Weekly Movement | 5.8% |
| Packaging Industry Average Movement | 5.3% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in AT Market | 6.8% |
| 10% least volatile stocks in AT Market | 2.8% |
Stable Share Price: MMK has not had significant price volatility in the past 3 months compared to the Austrian market.
Volatility Over Time: MMK's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1888 | 13,190 | Peter Oswald | www.mm.group |
Mayr-Melnhof Karton AG, together with its subsidiaries, manufactures and sells carton boards, paper, and folding cartons primarily in Europe. It operates through three segments: MM Food & Premium Packaging, MM Pharma & Healthcare Packaging, and MM Board & Paper. The MM Food & Premium segment processes carton boards into folding cartons primarily for the food industry and other consumer goods industries.
Mayr-Melnhof Karton AG Fundamentals Summary
| MMK fundamental statistics | |
|---|---|
| Market cap | €1.59b |
| Earnings (TTM) | €75.60m |
| Revenue (TTM) | €3.89b |
21.0x
P/E Ratio0.4x
P/S RatioIs MMK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MMK income statement (TTM) | |
|---|---|
| Revenue | €3.89b |
| Cost of Revenue | €2.18b |
| Gross Profit | €1.70b |
| Other Expenses | €1.63b |
| Earnings | €75.60m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Aug 20, 2026
| Earnings per share (EPS) | 3.89 |
| Gross Margin | 43.78% |
| Net Profit Margin | 1.95% |
| Debt/Equity Ratio | 61.2% |
How did MMK perform over the long term?
See historical performance and comparisonDividends
2.4%
Current Dividend Yield52%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/22 18:39 |
| End of Day Share Price | 2026/05/22 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Mayr-Melnhof Karton AG is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Virginia Nordback | Berenberg |
| Matthias Pfeifenberger | Deutsche Bank |
| Michael Marschallinger | Erste Group Bank AG |