Mayr-Melnhof Karton AG

WBAG:MMK Stock Report

Market Cap: €1.5b

Mayr-Melnhof Karton Future Growth

Future criteria checks 3/6

Mayr-Melnhof Karton is forecast to grow earnings and revenue by 27.7% and 2% per annum respectively. EPS is expected to grow by 28% per annum. Return on equity is forecast to be 7.8% in 3 years.

Key information

27.7%

Earnings growth rate

28.04%

EPS growth rate

Packaging earnings growth33.2%
Revenue growth rate2.0%
Future return on equity7.75%
Analyst coverage

Low

Last updated28 Apr 2026

Recent future growth updates

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...

Recent updates

Narrative Update Jun 22

MMK: Governance Amendments Will Support Bullish Long-Term Outlook

Analysts have kept their €90.50 price target for Mayr-Melnhof Karton unchanged, citing only very small model adjustments around the discount rate, revenue growth, profit margin, and future P/E assumptions that do not materially alter their view of the stock. What’s in the News for Mayr-Melnhof Karton Mayr-Melnhof Karton AG plans to present a proposal at its Ordinary Shareholders’ Meeting on April 29, 2026, to amend the Articles of Association in Section 22 (7).
Narrative Update Jun 06

MMK: Dividend And Bylaw Changes Will Shape Bullish Long-Term Outlook

Analysts have maintained their €90.50 price target for Mayr-Melnhof Karton, citing updated assumptions for discount rate, revenue growth, profit margin and future P/E that remain broadly consistent with prior estimates. What's in the News An Ordinary Shareholders’ Meeting is scheduled for April 29, 2026, for Mayr-Melnhof Karton AG.
Narrative Update May 22

MMK: Dividend Policy And Bylaw Amendments Will Shape Future Outlook

Analysts have raised their price target for Mayr-Melnhof Karton from €78.00 to €90.50, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margins and future P/E. 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), indicating upcoming changes in company bylaws (Key Developments).
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 adjustments
Narrative 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...
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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...

Earnings and Revenue Growth Forecasts

WBAG:MMK - Analysts future estimates and past financials data (EUR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20284,1181831513872
12/31/20273,9861521383753
12/31/20263,840113753182
12/31/20253,88576-2231N/A
9/30/20253,990223135328N/A
6/30/20254,06623532212N/A
3/31/20254,097118152336N/A
12/31/20244,080108295516N/A
9/30/20244,03748333627N/A
6/30/20244,02761484837N/A
3/31/20244,06763350772N/A
12/31/20234,16487361786N/A
9/30/20234,428120-41371N/A
6/30/20234,645201-66312N/A
3/31/20234,744299-33318N/A
12/31/20224,682344-30300N/A
9/30/20224,41337557360N/A
6/30/20223,999333-8296N/A
3/31/20223,489225-17241N/A
12/31/20213,07018921270N/A
9/30/20212,73217329260N/A
6/30/20212,552138107308N/A
3/31/20212,523160132312N/A
12/31/20202,528161165318N/A
9/30/20202,524160186332N/A
6/30/20202,535182181320N/A
3/31/20202,548191198340N/A
12/31/20192,544190195331N/A
9/30/20192,499184N/A295N/A
6/30/20192,443172N/A270N/A
3/31/20192,388166N/A277N/A
12/31/20182,338164N/A250N/A
9/30/20182,351168N/A240N/A
6/30/20182,357166N/A231N/A
3/31/20182,344159N/A210N/A
12/31/20172,337155N/A217N/A
9/30/20172,308151N/A215N/A
6/30/20172,281145N/A221N/A
3/31/20172,281151N/A233N/A
12/31/20162,273153N/A219N/A
9/30/20162,278149N/A231N/A
6/30/20162,254155N/A235N/A
3/31/20162,224145N/A211N/A
12/31/20152,182142N/A207N/A
9/30/20152,134141N/A205N/A
6/30/20152,124137N/A177N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MMK's forecast earnings growth (27.7% per year) is above the savings rate (2.3%).

Earnings vs Market: MMK's earnings (27.7% per year) are forecast to grow faster than the Austrian market (11.5% per year).

High Growth Earnings: MMK's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MMK's revenue (2% per year) is forecast to grow slower than the Austrian market (4.7% per year).

High Growth Revenue: MMK's revenue (2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MMK's Return on Equity is forecast to be low in 3 years time (7.8%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/28 22:41
End of Day Share Price 2026/06/26 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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.

AnalystInstitution
Virginia NordbackBerenberg
Matthias PfeifenbergerDeutsche Bank
Michael MarschallingerErste Group Bank AG