Metsä Board Oyj produces folding boxboard, food service boards and white kraftliners worldwide.
Flawless balance sheet and fair value.
Share Price & News
How has Metsä Board Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: METSB has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: METSB underperformed the Finnish Forestry industry which returned 2.1% over the past year.
Return vs Market: METSB underperformed the Finnish Market which returned 11% over the past year.
Price Volatility Vs. Market
How volatile is Metsä Board Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StMetsä Board Oyj Yearly Results Just Came Out: Here's What Analysts Are Forecasting For Next Year
1 week ago | Simply Wall StWhy Metsä Board Oyj (HEL:METSB) Could Be Worth Watching
3 weeks ago | Simply Wall StIs Metsä Board Oyj's (HEL:METSB) CEO Being Overpaid?
Is Metsä Board Oyj undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: METSB (€5.53) is trading below our estimate of fair value (€7.24)
Significantly Below Fair Value: METSB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: METSB is poor value based on its PE Ratio (13.5x) compared to the Forestry industry average (11.2x).
PE vs Market: METSB is good value based on its PE Ratio (13.5x) compared to the Finnish market (21.5x).
Price to Earnings Growth Ratio
PEG Ratio: METSB is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: METSB is overvalued based on its PB Ratio (1.5x) compared to the XE Forestry industry average (1.1x).
How is Metsä Board Oyj forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: METSB's forecast earnings growth (6.7% per year) is above the savings rate (-0.1%).
Earnings vs Market: METSB's earnings (6.7% per year) are forecast to grow slower than the Finnish market (10% per year).
High Growth Earnings: METSB's earnings are forecast to grow, but not significantly.
Revenue vs Market: METSB's revenue (1.8% per year) is forecast to grow faster than the Finnish market (0.08% per year).
High Growth Revenue: METSB's revenue (1.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: METSB's Return on Equity is forecast to be low in 3 years time (11.3%).
How has Metsä Board Oyj performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: METSB has high quality earnings.
Growing Profit Margin: METSB's current net profit margins (7.4%) are lower than last year (10.4%).
Past Earnings Growth Analysis
Earnings Trend: METSB's earnings have grown by 16.9% per year over the past 5 years.
Accelerating Growth: METSB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: METSB had negative earnings growth (-28.9%) over the past year, making it difficult to compare to the Forestry industry average (-11.4%).
Return on Equity
High ROE: METSB's Return on Equity (10.8%) is considered low.
Return on Assets
Return on Capital Employed
How is Metsä Board Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: METSB's short term assets (€836.4M) exceed its short term liabilities (€391.0M).
Long Term Liabilities: METSB's short term assets (€836.4M) exceed its long term liabilities (€541.4M).
Debt to Equity History and Analysis
Debt Level: METSB's debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: METSB's debt to equity ratio has reduced from 78.3% to 32.6% over the past 5 years.
Debt Coverage: METSB's debt is well covered by operating cash flow (45.9%).
Interest Coverage: METSB's interest payments on its debt are well covered by EBIT (8.9x coverage).
Inventory Level: METSB has a high level of physical assets or inventory.
Debt Coverage by Assets: METSB's debt is covered by short term assets (assets are 1.9x debt).
What is Metsä Board Oyj's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Metsä Board Oyj before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: METSB's dividend (4.34%) is higher than the bottom 25% of dividend payers in the Finnish market (2.09%).
High Dividend: METSB's dividend (4.34%) is low compared to the top 25% of dividend payers in the Finnish market (4.42%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, METSB has been paying a dividend for less than 10 years.
Growing Dividend: METSB's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (58.5%), METSB's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: METSB's dividends in 3 years are forecast to be covered by earnings (60.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mika Joukio (55yo)
Mr. Mika Joukio, M.Sc. (Eng), MBA, has been the Chief Executive Officer of Metsa Board Oyj since October 1, 2014. Mr. Joukio has been Chief Executive Officer of Metsä Board Corporation since 2014. He has b ...
CEO Compensation Analysis
Compensation vs Market: Mika's total compensation ($USD1.92M) is above average for companies of similar size in the Finnish market ($USD1.21M).
Compensation vs Earnings: Mika's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Chief Executive Officer||5.3yrs||€1.77m||0.070% €1.4m|
|Chief Financial Officer||3.4yrs||no data||0.016% €323.6k|
|Vice President of Investor Relations||0yrs||no data||no data|
|Vice President of Communications||0yrs||no data||no data|
|Senior Vice President of Sales & Marketing||2.7yrs||no data||0.014% €287.5k|
|Senior Vice President of Human Resources||0.7yrs||no data||no data|
|Senior Vice President of Development||6.1yrs||no data||0.011% €223.2k|
|Senior Vice President of Production||2.4yrs||no data||no data|
Experienced Management: METSB's management team is considered experienced (3 years average tenure).
|Independent Director||7.1yrs||no data||0.016% €320.6k|
|Independent Director||12.1yrs||no data||0.058% €1.1m|
|Director||1.9yrs||no data||0.031% €611.4k|
|Director||2.9yrs||no data||0.0025% €50.0k|
|Vice Chairman of the Board||12.1yrs||no data||0.014% €274.8k|
|Chairman of the Board||1.9yrs||no data||0.037% €728.9k|
|Independent Director||10.1yrs||no data||0.019% €378.3k|
|Independent Director||12.8yrs||no data||0.047% €928.9k|
|Independent Director||10.9yrs||no data||0.049% €962.4k|
Experienced Board: METSB's board of directors are seasoned and experienced ( 10.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Metsä Board Oyj's company bio, employee growth, exchange listings and data sources
- Name: Metsä Board Oyj
- Ticker: METSB
- Exchange: HLSE
- Industry: Paper Products
- Sector: Materials
- Market Cap: €1.984b
- Shares outstanding: 355.51m
- Website: https://www.metsaboard.com
Number of Employees
- Metsä Board Oyj
- Revontulenpuisto 2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MTSA.F||OTCPK (Pink Sheets LLC)||Yes||Series B Shares||US||USD||Dec 1987|
|METSB||HLSE (OMX Nordic Exchange Helsinki)||Yes||Series B Shares||FI||EUR||Dec 1987|
|0O7A||LSE (London Stock Exchange)||Yes||Series B Shares||GB||EUR||Dec 1987|
|MSRB||DB (Deutsche Boerse AG)||Yes||Series B Shares||DE||EUR||Dec 1987|
|METSBH||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Series B Shares||GB||EUR||Dec 1987|
|METSA||HLSE (OMX Nordic Exchange Helsinki)||Series A Shares||FI||EUR||Jun 1992|
|0O79||LSE (London Stock Exchange)||Series A Shares||GB||EUR||Jun 1992|
|METSAH||BATS-CHIXE (BATS 'Chi-X Europe')||Series A Shares||GB||EUR||Jun 1992|
Metsä Board Oyj produces folding boxboard, food service boards and white kraftliners worldwide. The company offers lightweight paperboards for consumer goods, retail-ready, and food service applications, as well as market pulp products. It serves brand owners, retailers, converters, and merchants. The company was formerly known as M-real Corporation and changed its name to Metsä Board Oyj in March 2012. Metsä Board Oyj is headquartered in Espoo, Finland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 20:58|
|End of Day Share Price||2020/02/14 00:00|
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 here.