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Mondi plcLSE:MNDI Stock Report

Market Cap UK£3.2b
Share Price
UK£7.38
UK£9.62
23.3% undervalued intrinsic discount
1Y-39.6%
7D-2.7%
Portfolio Value
View

Mondi plc

LSE:MNDI Stock Report

Market Cap: UK£3.2b

Mondi (MNDI) Stock Overview

Engages in the manufacture and sale of packaging and paper solutions in Africa, Western Europe, Emerging Europe, North America, South America, Asia, and Australia. More details

MNDI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance1/6
Financial Health3/6
Dividends3/6

MNDI Community Fair Values

Create Narrative

See what 39 others think this stock is worth. Follow their fair value or set your own to get alerts.

Mondi plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mondi
Historical stock prices
Current Share PriceUK£7.38
52 Week HighUK£12.51
52 Week LowUK£7.22
Beta0.56
1 Month Change-13.91%
3 Month Change-21.09%
1 Year Change-39.65%
3 Year Change-48.11%
5 Year Change-65.18%
Change since IPO34.15%

Recent News & Updates

Narrative Update Apr 29

MNDI: Reset Expectations And Mixed Broker Stance Will Support Future Returns

Analysts have trimmed Mondi's fair value estimate from about £10.19 to £9.62 per share, reflecting a series of recent price target cuts from Citi, Deutsche Bank, JPMorgan and Morgan Stanley, which were partly offset by one price target increase and new neutral initiations. Analyst Commentary Recent Street research on Mondi points to a mixed but generally more cautious stance on the shares, with several firms adjusting price targets lower and a smaller number tightening or lifting targets while keeping ratings broadly unchanged.
Narrative Update Apr 15

MNDI: Future Dividend Resilience Will Support Re Rating Despite Mixed Broker Views

Mondi's updated analyst price target reflects a modest recalibration, with fair value now at £13.78 compared with £13.64 previously. Analysts are balancing recent target changes from JPMorgan, Citi, Morgan Stanley and others against small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions.
Narrative Update Mar 31

MNDI: Future Dividend Resilience Will Drive Re Rating Despite Mixed Broker Stances

Analysts have trimmed Mondi's fair value only slightly, to about £13.64 from £13.66, reflecting a series of reduced price targets in the £780 to £1,030 range as they factor in updated assumptions on discount rates, revenue growth, profit margins and future P/E. Analyst Commentary Recent Street research on Mondi presents a mixed but informative picture, with price targets spread across a wide range and ratings spanning Buy, Neutral and Underweight.

Recent updates

Narrative Update Apr 29

MNDI: Reset Expectations And Mixed Broker Stance Will Support Future Returns

Analysts have trimmed Mondi's fair value estimate from about £10.19 to £9.62 per share, reflecting a series of recent price target cuts from Citi, Deutsche Bank, JPMorgan and Morgan Stanley, which were partly offset by one price target increase and new neutral initiations. Analyst Commentary Recent Street research on Mondi points to a mixed but generally more cautious stance on the shares, with several firms adjusting price targets lower and a smaller number tightening or lifting targets while keeping ratings broadly unchanged.
Narrative Update Apr 15

MNDI: Future Dividend Resilience Will Support Re Rating Despite Mixed Broker Views

Mondi's updated analyst price target reflects a modest recalibration, with fair value now at £13.78 compared with £13.64 previously. Analysts are balancing recent target changes from JPMorgan, Citi, Morgan Stanley and others against small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions.
Narrative Update Mar 31

MNDI: Future Dividend Resilience Will Drive Re Rating Despite Mixed Broker Stances

Analysts have trimmed Mondi's fair value only slightly, to about £13.64 from £13.66, reflecting a series of reduced price targets in the £780 to £1,030 range as they factor in updated assumptions on discount rates, revenue growth, profit margins and future P/E. Analyst Commentary Recent Street research on Mondi presents a mixed but informative picture, with price targets spread across a wide range and ratings spanning Buy, Neutral and Underweight.
Narrative Update Mar 17

MNDI: Future Dividend Resilience Will Support Re Rating Despite Mixed Coverage

The updated analyst price target for Mondi has increased to £13.66 from £12.55. Analysts attribute the change to adjusted discount rate assumptions, slightly higher revenue growth expectations and a higher future P/E multiple, despite a series of recent target cuts and mixed ratings across the Street.
Narrative Update Mar 03

MNDI: Reset Expectations Will Support Future Returns Despite Recent Rating Downgrades

Mondi's updated analyst price target has edged lower, with recent cuts to around £7.80 to £9.00. This reflects more cautious assumptions on growth, margins and fair value, while still incorporating a higher future P/E multiple.
Narrative Update Feb 17

MNDI: Future Dividend Resilience Will Support Re Rating After Cautious Coverage

The latest analyst price target for Mondi has been adjusted to £12.55 from £12.36, as analysts factor in slightly different assumptions for discount rates, revenue growth, profit margins and future P/E, while recent research incorporates more cautious views on valuation and sector fundamentals. Analyst Commentary Recent research around Mondi reflects a mixed backdrop, but there are still some clear positives that more optimistic voices are focusing on, especially around valuation support and the potential for improved execution over time.
Narrative Update Feb 03

MNDI: Weaker Sector Fundamentals Will Pressure Multiples And Heighten Dividend Risk

Analysts have trimmed their price targets for Mondi to a range of about £7.60 to £8.00 per share, reflecting weaker sector fundamentals, more cautious assumptions on revenue growth and profit margins, and concerns that current trading levels sit above the company's long term valuation multiples. Analyst Commentary Bearish analysts have turned more cautious on Mondi, cutting ratings and resetting price targets closer to where they see long term valuation multiples and weaker sector conditions lining up.
Narrative Update Jan 20

MNDI: Future Dividend Resilience Will Underpin Rebound After Cautious Downgrades

The analyst price target for Mondi has been cut in line with a lower fair value estimate to reflect what analysts see as weak market fundamentals and overly optimistic consensus expectations, following recent target reductions to £8.00 and £7.60 and downgrades to Underweight. Analyst Commentary Recent research on Mondi has turned more cautious, with price targets reduced to £8.00 and £7.60 and ratings cut to Underweight.
Narrative Update Jan 05

MNDI: Future Dividend Resilience Will Drive Rebound After Recent Downgrades

Narrative update The analyst price target for Mondi has been reduced in light of a lower fair value estimate of €13.76 from €17.67 and more cautious assumptions on revenue growth and future P/E, as analysts reassess expectations and highlight risks to dividends and prior target levels ranging from £7.60 to £12.50. Analyst Commentary Recent Street research on Mondi points to a mixed but still constructive set of views, with some firms turning more cautious while others maintain a more positive stance on execution and valuation support.
Narrative Update Dec 18

MNDI Will Face Mounting Dividend Risk As Expectations Reset

Mondi's analyst price targets have been cut meaningfully, with a lower fair value estimate falling from roughly 10.8 to 7.5, as analysts temper expectations for revenue growth, margins, and future earnings multiples while flagging elevated risks to near term dividends and catalysts. Analyst Commentary Recent Street research reflects a notable reset in expectations for Mondi, with several bearish analysts cutting price targets and, in some cases, ratings.
Narrative Update Dec 04

MNDI: Business Reorganisation Will Drive Future Returns Despite Mounting Dividend Concerns

The analyst price target for Mondi has been revised lower to about £10.38 per share from roughly £10.36, as analysts temper revenue growth expectations and highlight softer sector sentiment, along with rising concerns over optimistic consensus forecasts and dividend sustainability. Analyst Commentary Recent Street research reflects a more balanced, yet cautious, stance on Mondi, with several firms trimming price targets and reassessing ratings as they recalibrate expectations for earnings growth, cash generation, and shareholder returns.
Narrative Update Nov 20

MNDI: Business Reorganisation Will Drive Long-Term Value Despite Dividend Risks

The analyst price target for Mondi has declined significantly in recent updates. The consensus decrease reflects cautious sentiment from analysts who cite risks to future dividends and skepticism about optimistic growth expectations.
Narrative Update Nov 05

MNDI: Market Reorganization Will Drive Gradual Recovery Amid Reduced Forward Multiples

Analysts have reduced their price targets for Mondi. The consensus fair value estimate has decreased from £10.48 to £10.30 per share, reflecting a less optimistic outlook amid limited near-term catalysts for the company.
Narrative Update Oct 22

Analyst Commentary Highlights Reduced Price Targets and Ongoing Caution for Mondi Shares

The analyst price target for Mondi has been significantly reduced, dropping from approximately £12.20 to £10.48 per share. Analysts cite weaker projections for revenue growth and profitability as the reason for this change.
Narrative Update Oct 08

Capacity Expansion And Sustainable Packaging Will Unlock Market Potential

The average analyst price target for Mondi has been reduced from approximately £13.80 to £12.20. This change reflects analysts' expectations of softer revenue growth and profit margins in the near term.
Analysis Article Sep 18

Investors Still Waiting For A Pull Back In Mondi plc (LON:MNDI)

When close to half the companies in the United Kingdom have price-to-earnings ratios (or "P/E's") below 16x, you may...
Analysis Article Aug 18

Here's Why Mondi (LON:MNDI) Can Manage Its Debt Responsibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Narrative Update Aug 07

Capacity Expansion And Sustainable Packaging Will Unlock Market Potential

Despite the consensus analyst price target for Mondi remaining stable at £13.78, the company’s future P/E ratio has declined notably, reflecting lower market expectations for future earnings growth. Valuation Changes Summary of Valuation Changes for Mondi The Consensus Analyst Price Target remained effectively unchanged, at £13.78.
Analysis Article Aug 01

A Look At The Intrinsic Value Of Mondi plc (LON:MNDI)

Key Insights Mondi's estimated fair value is UK£12.28 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysis Article May 11

Mondi plc's (LON:MNDI) P/E Still Appears To Be Reasonable

Mondi plc's ( LON:MNDI ) price-to-earnings (or "P/E") ratio of 27.7x might make it look like a strong sell right now...
Analysis Article Apr 26

These 4 Measures Indicate That Mondi (LON:MNDI) Is Using Debt Reasonably Well

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Mar 05

Investors Can Find Comfort In Mondi's (LON:MNDI) Earnings Quality

The market for Mondi plc's ( LON:MNDI ) shares didn't move much after it posted weak earnings recently. Our analysis...
User avatar
New Narrative Feb 23

Acquisition Of Schumacher's Assets Will Expand Global Packaging Presence

Strategic acquisitions and CapEx investments aim to boost Mondi’s North American presence and improve efficiency, supporting revenue growth and synergies.
Analysis Article Jan 26

Mondi plc (LON:MNDI) Shares Could Be 23% Below Their Intrinsic Value Estimate

Key Insights Mondi's estimated fair value is UK£15.99 based on 2 Stage Free Cash Flow to Equity Mondi's UK£12.29 share...
Analysis Article Oct 18

Is There An Opportunity With Mondi plc's (LON:MNDI) 33% Undervaluation?

Key Insights The projected fair value for Mondi is UK£19.08 based on 2 Stage Free Cash Flow to Equity Mondi's UK£12.87...
Analysis Article Aug 22

Why Investors Shouldn't Be Surprised By Mondi plc's (LON:MNDI) P/E

Mondi plc's ( LON:MNDI ) price-to-earnings (or "P/E") ratio of 19.4x might make it look like a sell right now compared...
Analysis Article Aug 04

Here's Why Mondi (LON:MNDI) Has A Meaningful Debt Burden

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article May 21

Calculating The Intrinsic Value Of Mondi plc (LON:MNDI)

Key Insights The projected fair value for Mondi is UK£19.53 based on 2 Stage Free Cash Flow to Equity With UK£16.04...
Analysis Article May 03

Investor Optimism Abounds Mondi plc (LON:MNDI) But Growth Is Lacking

It's not a stretch to say that Mondi plc's ( LON:MNDI ) price-to-earnings (or "P/E") ratio of 15.9x right now seems...
Analysis Article Mar 28

Earnings Troubles May Signal Larger Issues for Mondi (LON:MNDI) Shareholders

Mondi plc's ( LON:MNDI ) recent weak earnings report didn't cause a big stock movement. We think that investors are...
Analysis Article Mar 15

We Think Mondi (LON:MNDI) Can Stay On Top Of Its Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jan 17

Little Excitement Around Mondi plc's (LON:MNDI) Earnings

With a price-to-earnings (or "P/E") ratio of 10.5x Mondi plc ( LON:MNDI ) may be sending bullish signals at the moment...
Analysis Article Nov 18

Mondi (LON:MNDI) Is Reinvesting At Lower Rates Of Return

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Oct 11

Estimating The Intrinsic Value Of Mondi plc (LON:MNDI)

Key Insights Mondi's estimated fair value is UK£11.82 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysis Article Sep 25

Here's Why Mondi (LON:MNDI) Can Manage Its Debt Responsibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Jun 22

We Think Mondi (LON:MNDI) Can Stay On Top Of Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article May 19

Mondi (LON:MNDI) Hasn't Managed To Accelerate Its Returns

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article May 01

Are Mondi plc (LON:MNDI) Investors Paying Above The Intrinsic Value?

Key Insights The projected fair value for Mondi is UK£9.44 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Mar 20

We Think Mondi (LON:MNDI) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Shareholder Returns

MNDIGB ForestryGB Market
7D-2.7%1.2%0.2%
1Y-39.6%-10.9%16.8%

Return vs Industry: MNDI underperformed the UK Forestry industry which returned -10.9% over the past year.

Return vs Market: MNDI underperformed the UK Market which returned 16.8% over the past year.

Price Volatility

Is MNDI's price volatile compared to industry and market?
MNDI volatility
MNDI Average Weekly Movement5.2%
Forestry Industry Average Movement4.2%
Market Average Movement5.7%
10% most volatile stocks in GB Market11.9%
10% least volatile stocks in GB Market3.1%

Stable Share Price: MNDI has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: MNDI's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200724,040Andrew Charles Kingwww.mondigroup.com

Mondi plc, together with its subsidiaries, engages in the manufacture and sale of packaging and paper solutions in Africa, Western Europe, Emerging Europe, North America, South America, Asia, and Australia. The company operates through Corrugated Packaging, and Flexible Packaging segments. The Corrugated Packaging segment provides virgin and recycled containerboards for fresh fruit packaging and heavy and fragile goods transport packaging applications; and corrugated solutions, such as corrugated boxes and packaging products.

Mondi plc Fundamentals Summary

How do Mondi's earnings and revenue compare to its market cap?
MNDI fundamental statistics
Market capUK£3.23b
Earnings (TTM)UK£142.79m
Revenue (TTM)UK£6.63b
22.8x
P/E Ratio
0.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MNDI income statement (TTM)
Revenue€7.66b
Cost of Revenue€4.56b
Gross Profit€3.11b
Other Expenses€2.94b
Earnings€165.00m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Jul 30, 2026

Earnings per share (EPS)0.37
Gross Margin40.55%
Net Profit Margin2.15%
Debt/Equity Ratio51.9%

How did MNDI perform over the long term?

See historical performance and comparison

Dividends

3.3%
Current Dividend Yield
75%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 00:08
End of Day Share Price 2026/05/20 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

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

Mondi plc is covered by 20 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Caroline LearmonthBarclays
Pallav MittalBarclays
Joseph BloomfieldBerenberg