UPM-Kymmene Oyj

HLSE:UPM Stock Report

Market Cap: €12.6b

UPM-Kymmene Oyj Future Growth

Future criteria checks 4/6

UPM-Kymmene Oyj is forecast to grow earnings and revenue by 27.8% and 3.3% per annum respectively. EPS is expected to grow by 28.7% per annum. Return on equity is forecast to be 12.7% in 3 years.

Key information

27.8%

Earnings growth rate

28.67%

EPS growth rate

Forestry earnings growth21.2%
Revenue growth rate3.3%
Future return on equity12.75%
Analyst coverage

Good

Last updated02 Jun 2025

Recent future growth updates

UPM-Kymmene Oyj Just Missed EPS By 15%: Here's What Analysts Think Will Happen Next

Nov 02
UPM-Kymmene Oyj Just Missed EPS By 15%: Here's What Analysts Think Will Happen Next

Recent updates

UPM-Kymmene Oyj (HEL:UPM) Will Pay A Dividend Of €0.75

May 27
UPM-Kymmene Oyj (HEL:UPM) Will Pay A Dividend Of €0.75

UPM-Kymmene Oyj's (HEL:UPM) Soft Earnings Don't Show The Whole Picture

May 08
UPM-Kymmene Oyj's (HEL:UPM) Soft Earnings Don't Show The Whole Picture

UPM-Kymmene Oyj (HEL:UPM) Has Affirmed Its Dividend Of €0.75

Apr 24
UPM-Kymmene Oyj (HEL:UPM) Has Affirmed Its Dividend Of €0.75

UPM-Kymmene Oyj (HEL:UPM) Has Affirmed Its Dividend Of €0.75

Apr 10
UPM-Kymmene Oyj (HEL:UPM) Has Affirmed Its Dividend Of €0.75

Returns On Capital Signal Tricky Times Ahead For UPM-Kymmene Oyj (HEL:UPM)

Apr 07
Returns On Capital Signal Tricky Times Ahead For UPM-Kymmene Oyj (HEL:UPM)

UPM-Kymmene Oyj (HEL:UPM) Has A Somewhat Strained Balance Sheet

Feb 25
UPM-Kymmene Oyj (HEL:UPM) Has A Somewhat Strained Balance Sheet

Is UPM-Kymmene Oyj (HEL:UPM) Trading At A 26% Discount?

Jan 17
Is UPM-Kymmene Oyj (HEL:UPM) Trading At A 26% Discount?
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Innovative Strategies And Green Solutions Propel Future Growth Amidst Market Uncertainty

Optimization in Uruguay and leveraging advanced materials could boost UPM's profitability and revenue growth amid rising demand for CO2-free energy.

UPM-Kymmene Oyj's (HEL:UPM) Soft Earnings Don't Show The Whole Picture

Nov 06
UPM-Kymmene Oyj's (HEL:UPM) Soft Earnings Don't Show The Whole Picture

UPM-Kymmene Oyj Just Missed EPS By 15%: Here's What Analysts Think Will Happen Next

Nov 02
UPM-Kymmene Oyj Just Missed EPS By 15%: Here's What Analysts Think Will Happen Next

UPM-Kymmene Oyj (HEL:UPM) Is Due To Pay A Dividend Of €0.75

Oct 17
UPM-Kymmene Oyj (HEL:UPM) Is Due To Pay A Dividend Of €0.75

Investors Could Be Concerned With UPM-Kymmene Oyj's (HEL:UPM) Returns On Capital

Oct 10
Investors Could Be Concerned With UPM-Kymmene Oyj's (HEL:UPM) Returns On Capital

UPM-Kymmene Oyj (HEL:UPM) Has A Somewhat Strained Balance Sheet

Sep 25
UPM-Kymmene Oyj (HEL:UPM) Has A Somewhat Strained Balance Sheet

UPM-Kymmene Oyj's (HEL:UPM) Dividend Will Be €0.75

Sep 25
UPM-Kymmene Oyj's (HEL:UPM) Dividend Will Be €0.75

UPM-Kymmene Oyj's (HEL:UPM) Dividend Will Be €0.75

Aug 24
UPM-Kymmene Oyj's (HEL:UPM) Dividend Will Be €0.75

UPM-Kymmene Oyj (HEL:UPM) Has Affirmed Its Dividend Of €0.75

Aug 05
UPM-Kymmene Oyj (HEL:UPM) Has Affirmed Its Dividend Of €0.75

UPM-Kymmene Oyj (HEL:UPM) Is Paying Out A Dividend Of €0.75

Jul 22
UPM-Kymmene Oyj (HEL:UPM) Is Paying Out A Dividend Of €0.75

UPM-Kymmene Oyj (HEL:UPM) Will Want To Turn Around Its Return Trends

Jul 12
UPM-Kymmene Oyj (HEL:UPM) Will Want To Turn Around Its Return Trends

UPM-Kymmene Oyj's (HEL:UPM) Dividend Will Be €0.75

Jun 23
UPM-Kymmene Oyj's (HEL:UPM) Dividend Will Be €0.75

Earnings and Revenue Growth Forecasts

HLSE:UPM - Analysts future estimates and past financials data (EUR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202711,4761,3891,6022,12611
12/31/202611,1401,1431,4211,93214
12/31/202510,5547951,0881,62014
3/31/202510,3453017591,306N/A
12/31/202410,3394367561,352N/A
9/30/202410,2386955981,237N/A
6/30/202410,3014328241,635N/A
3/31/202410,3134849751,890N/A
12/31/202310,4603881,1892,269N/A
9/30/202311,1607262,0813,390N/A
6/30/202311,9961,3641,1782,548N/A
3/31/202312,0001,569-2361,210N/A
12/31/202211,7201,526-969508N/A
9/30/202211,1621,363-2,196-662N/A
6/30/202210,2651,239-1,684-143N/A
3/31/202210,0871,195-5351,045N/A
12/31/20219,8141,286-2711,250N/A
9/30/20219,3291,138-1721,190N/A
6/30/20218,834731621,238N/A
3/31/20218,5275941221,085N/A
12/31/20208,5805601301,005N/A
9/30/20208,8396385551,250N/A
6/30/20209,3048047921,384N/A
3/31/20209,8329471,1601,664N/A
12/31/201910,2381,0611,4441,847N/A
9/30/201910,5221,3891,2611,639N/A
6/30/201910,6791,4671,1631,544N/A
3/31/201910,6641,4911,0681,436N/A
12/31/201810,4831,495N/A1,330N/A
9/30/201810,3231,145N/A1,354N/A
6/30/201810,1661,106N/A1,435N/A
3/31/201810,0401,041N/A1,376N/A
12/31/201710,010973N/A1,558N/A
9/30/20179,915917N/A1,556N/A
6/30/20179,867899N/A1,576N/A
3/31/20179,848892N/A1,741N/A
12/31/20169,812879N/A1,686N/A
9/30/20169,910885N/A1,671N/A
6/30/20169,9951,025N/A1,528N/A
3/31/201610,098988N/A1,418N/A
12/31/201510,138916N/A1,185N/A
9/30/201510,095731N/A1,257N/A
6/30/20159,980505N/A1,194N/A
3/31/20159,873474N/A1,085N/A
12/31/20149,868512N/A1,241N/A
9/30/20149,925540N/A1,041N/A
6/30/20149,982496N/A1,027N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: UPM's forecast earnings growth (27.8% per year) is above the savings rate (1.7%).

Earnings vs Market: UPM's earnings (27.8% per year) are forecast to grow faster than the Finnish market (13.3% per year).

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

Revenue vs Market: UPM's revenue (3.3% per year) is forecast to grow faster than the Finnish market (2.9% per year).

High Growth Revenue: UPM's revenue (3.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: UPM's Return on Equity is forecast to be low in 3 years time (12.7%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/09 07:32
End of Day Share Price 2025/06/09 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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

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

UPM-Kymmene Oyj is covered by 33 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Pallav MittalBarclays
Ramchandra KamathBarclays