Metsä Board Oyj produces barrier boards, folding boxboard, food service boards, and white kraftliners worldwide. More Details
Flawless balance sheet with solid track record.
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 is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: METSB's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: METSB exceeded the Finnish Forestry industry which returned 47.5% over the past year.
Return vs Market: METSB exceeded the Finnish Market which returned 38.6% over the past year.
Long-Term 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
16 hours ago | Simply Wall StDoes Metsä Board Oyj (HEL:METSB) Have A Healthy Balance Sheet?
2 weeks ago | Simply Wall StMetsä Board Oyj's (HEL:METSB) Returns On Capital Are Heading Higher
4 weeks ago | Simply Wall StWhat Does Metsä Board Oyj's (HEL:METSB) Share Price Indicate?
Is Metsä Board Oyj undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: METSB (€10.09) is trading above our estimate of fair value (€5.82)
Significantly Below Fair Value: METSB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: METSB is good value based on its PE Ratio (16.8x) compared to the European Forestry industry average (20x).
PE vs Market: METSB is good value based on its PE Ratio (16.8x) compared to the Finnish market (24.9x).
Price to Earnings Growth Ratio
PEG Ratio: METSB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: METSB is overvalued based on its PB Ratio (2.5x) compared to the XE Forestry industry average (1.3x).
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 earnings are forecast to decline over the next 3 years (-4.4% per year).
Earnings vs Market: METSB's earnings are forecast to decline over the next 3 years (-4.4% per year).
High Growth Earnings: METSB's earnings are forecast to decline over the next 3 years.
Revenue vs Market: METSB's revenue (1.6% per year) is forecast to grow slower than the Finnish market (3.2% per year).
High Growth Revenue: METSB's revenue (1.6% 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 (14.1%).
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 (11%) are higher than last year (5.6%).
Past Earnings Growth Analysis
Earnings Trend: METSB's earnings have grown by 9.2% per year over the past 5 years.
Accelerating Growth: METSB's earnings growth over the past year (96.9%) exceeds its 5-year average (9.2% per year).
Earnings vs Industry: METSB earnings growth over the past year (96.9%) exceeded the Forestry industry -19.7%.
Return on Equity
High ROE: METSB's Return on Equity (13.4%) is considered low.
How is Metsä Board Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: METSB's short term assets (€1.2B) exceed its short term liabilities (€482.2M).
Long Term Liabilities: METSB's short term assets (€1.2B) exceed its long term liabilities (€556.0M).
Debt to Equity History and Analysis
Debt Level: METSB's debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: METSB's debt to equity ratio has reduced from 68.2% to 28.1% over the past 5 years.
Debt Coverage: METSB's debt is well covered by operating cash flow (55.1%).
Interest Coverage: METSB's interest payments on its debt are well covered by EBIT (23.9x coverage).
What is Metsä Board Oyj current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: METSB's dividend (2.58%) is higher than the bottom 25% of dividend payers in the Finnish market (1.78%).
High Dividend: METSB's dividend (2.58%) is low compared to the top 25% of dividend payers in the Finnish market (3.73%).
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 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.2%), METSB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: METSB's dividends in 3 years are forecast to be covered by earnings (54% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mika Joukio (56 yo)
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 ($USD2.84M) is above average for companies of similar size in the Finnish market ($USD1.66M).
Compensation vs Earnings: Mika's compensation has been consistent with company performance over the past year.
Experienced Management: METSB's management team is seasoned and experienced (5.1 years average tenure).
Experienced Board: METSB's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
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
- Founded: 1986
- Industry: Paper Products
- Sector: Materials
- Market Cap: €3.594b
- Shares outstanding: 355.51m
- Website: https://www.metsaboard.com
Number of Employees
- Metsä Board Oyj
- Revontulenpuisto 2
Metsä Board Oyj produces barrier boards, folding boxboard, food service boards, and white kraftliners worldwide. The company offers lightweight paperboards for consumer goods packaging, retail-ready, and f...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/18 18:48|
|End of Day Share Price||2021/05/18 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.