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Updated 1d ago
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Mondi plcLSE:MNDI Stock Report

Market Cap UK£3.6b
Updated 1d ago
Share Price
n/a
1Y-17.9%
7D-2.3%
1D-0.7%
Portfolio Value
​
View

Mondi plc

LSE:MNDI Stock Report

Market Cap: UK£3.6b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

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 Growth4/6
Past Performance0/6
Financial Health2/6
Dividends2/6

Rewards

Trading at 17.7% below our estimate of its fair value

Earnings are forecast to grow 81.91% per year

Trading at good value compared to peers and industry

Risk Analysis

Has a high level of debt

Dividend of 2.94% is not well covered by earnings


MNDI Community Fair Values

Create Narrative

See what 44 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
2.3% undervalued intrinsic discount
AnalystConsensusTarget
•29d ago

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

278
0
25
AN
AnalystHighTarget
23.4% undervalued intrinsic discount
AnalystHighTarget
•15d ago

Rising E-Commerce And Sustainability Will Drive Premium Packaging

84
0
3
AN
AnalystLowTarget
19.4% overvalued intrinsic discount
AnalystLowTarget
•1d ago

Oversupply And Regulation Will Erode Margins Despite Capacity Ramps

72
0
1

Top Analyst Narratives

AN
AnalystConsensusTarget
2.3% undervalued intrinsic discount
AnalystConsensusTarget
•29d ago

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

278
0
25
AN
AnalystHighTarget
23.4% undervalued intrinsic discount
AnalystHighTarget
•15d ago

Rising E-Commerce And Sustainability Will Drive Premium Packaging

84
0
3
AN
AnalystLowTarget
19.4% overvalued intrinsic discount
AnalystLowTarget
•1d ago

Oversupply And Regulation Will Erode Margins Despite Capacity Ramps

72
0
1
View all narratives

Mondi plc Competitors

James Cropper

Symbol: AIM:CRPR
Market cap: UK£50.0m

Croda International

Symbol: LSE:CRDA
Market cap: UK£4.5b

Johnson Matthey

Symbol: LSE:JMAT
Market cap: UK£2.7b

Hill & Smith

Symbol: LSE:HILS
Market cap: UK£2.2b

Price History & Performance

Summary of share price highs, lows and changes for Mondi
Historical stock prices
Current Share PriceUK£8.26
52 Week HighUK£10.58
52 Week LowUK£6.60
Beta0.61
1 Month Change-8.53%
3 Month Change14.79%
1 Year Change-17.93%
3 Year Change-43.07%
5 Year Change-61.90%
Change since IPO50.18%

Recent News & Updates

User avatar
Narrative Update • Sep 09

MNDI: Persistent Cost Pressure Will Constrain Future Earnings And Multiple Repricing

Mondi’s analyst price target has moved higher, with cited fair value rising from £6.39 to £6.92. Analysts point to updated assumptions on discount rates, revenue growth, profit margins and future P/E expectations, supported by recent target changes between £750 and £1,040 across major banks.
User avatar
Narrative Update • Aug 26

MNDI: Higher Margin Outlook Will Support Re Rating As Cost Pressures Persist

Analysts have lifted the fair value estimate for Mondi from £9.63 to £10.78. This reflects a higher average of recent price targets, which range from £6.60 to £10.40, and mixed views on cost pressures and demand across the paper and packaging sector.
User avatar
Narrative Update • Aug 12

MNDI: Cost Pressures And Index Shift Will Shape Future Risk Reward Balance

The analyst fair value target for Mondi has moved from £7.72 to £8.45, reflecting updated views on margins, discount rates and sector pricing that draw on the recent mix of higher and lower Street price targets between £660 and £1,040. Analyst Commentary Recent Street commentary on Mondi points to a mixed but engaged analyst community, with targets spread between 660 GBp and 1,040 GBp. This range reflects different views on how the company can execute on margins, handle costs and manage exposure to broader paper and packaging trends.
Analysis Article • Aug 02

Results: Mondi plc Beat Earnings Expectations And Analysts Now Have New Forecasts

Shareholders will be ecstatic, with their stake up 22% over the past week following Mondi plc 's ( LON:MNDI ) latest...

Recent updates

User avatar
Narrative Update • Sep 09

MNDI: Persistent Cost Pressure Will Constrain Future Earnings And Multiple Repricing

Mondi’s analyst price target has moved higher, with cited fair value rising from £6.39 to £6.92. Analysts point to updated assumptions on discount rates, revenue growth, profit margins and future P/E expectations, supported by recent target changes between £750 and £1,040 across major banks.
User avatar
Narrative Update • Aug 26

MNDI: Higher Margin Outlook Will Support Re Rating As Cost Pressures Persist

Analysts have lifted the fair value estimate for Mondi from £9.63 to £10.78. This reflects a higher average of recent price targets, which range from £6.60 to £10.40, and mixed views on cost pressures and demand across the paper and packaging sector.
User avatar
Narrative Update • Aug 12

MNDI: Cost Pressures And Index Shift Will Shape Future Risk Reward Balance

The analyst fair value target for Mondi has moved from £7.72 to £8.45, reflecting updated views on margins, discount rates and sector pricing that draw on the recent mix of higher and lower Street price targets between £660 and £1,040. Analyst Commentary Recent Street commentary on Mondi points to a mixed but engaged analyst community, with targets spread between 660 GBp and 1,040 GBp. This range reflects different views on how the company can execute on margins, handle costs and manage exposure to broader paper and packaging trends.
Analysis Article • Aug 02

Results: Mondi plc Beat Earnings Expectations And Analysts Now Have New Forecasts

Shareholders will be ecstatic, with their stake up 22% over the past week following Mondi plc 's ( LON:MNDI ) latest...
User avatar
Narrative Update • Jul 29

MNDI: Cost Pressures And Index Shift Will Shape Balanced Future Returns

Mondi’s updated analyst price target has moved lower by around £1.90 per share, with recent revisions citing ongoing cost pressures, softer profit assumptions, a lower fair value estimate of 7.72, and a reduced future P/E of about 15x, despite slightly firmer revenue growth expectations. Analyst Commentary Recent research on Mondi points to a more cautious tone overall, with several large banks trimming price targets and reassessing how much near term upside they see in the stock.
User avatar
Narrative Update • Jul 15

MNDI: Future Margin Resilience Will Support Re Rating As Cost Pressures Persist

The analyst price target for Mondi has been revised lower by £0.74 to reflect reduced fair value and P/E assumptions, as analysts factor in ongoing cost pressures and macro challenges in paper and packaging highlighted in recent research reports. Analyst Commentary Street research on Mondi points to a mixed but nuanced view, with several firms trimming price targets to reflect sector cost pressures and macro headwinds in paper and packaging.
User avatar
Narrative Update • Jul 01

MNDI: Cost Pressures And Oversupply Will Restrain Multiples Yet Keep Risks Balanced

The analyst price target for Mondi has been revised lower to reflect a fair value move from £6.82 to £6.39, with analysts citing persistent cost pressures and ongoing macro and oversupply challenges in paper and packaging as key reasons for their more cautious stance. Analyst Commentary Recent research on Mondi points to a more cautious tone, with several bearish analysts trimming price targets and, in some cases, lowering ratings as they reassess risks around costs, demand and capacity in paper and packaging markets.
User avatar
Narrative Update • Jun 17

MNDI: Future Dividend Resilience Will Support Re Rating As Pricing Pressures Ease

Mondi’s updated analyst price target has been cut from about £13.78 to roughly £10.37 per share, as analysts factor in softer profit margin assumptions, a slightly higher discount rate, and sector research pointing to ongoing macro pressure on paper and packaging prices. Analyst Commentary Recent Street research on Mondi points to a cautious overall stance, with several firms trimming price targets and highlighting ongoing macro pressure on paper and packaging markets.
User avatar
Narrative Update • Jun 03

MNDI: Cautious Revenue And Margin Assumptions Will Temper Multiples Yet Keep Risks Balanced

Analysts have reduced Mondi's fair value estimate from £7.60 to £6.82 after recent price target cuts from several banks and more cautious assumptions on revenue growth, profit margins and the P/E multiple that investors may be willing to pay. Analyst Commentary Recent Street research on Mondi has tilted more cautious, with several Bearish analysts cutting price targets and only limited offset from more constructive views.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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...
User avatar
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.
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.

Shareholder Returns

MNDIGB ForestryGB Market
7D-2.3%1.6%-0.7%
1Y-17.9%0.7%16.1%

Return vs Industry: MNDI underperformed the UK Forestry industry which returned 0.7% over the past year.

Return vs Market: MNDI underperformed the UK Market which returned 16.1% over the past year.

Price Volatility

Is MNDI's price volatile compared to industry and market?
MNDI volatility
MNDI Average Weekly Movement4.6%
Forestry Industry Average Movement3.5%
Market Average Movement4.8%
10% most volatile stocks in GB Market10.3%
10% least volatile stocks in GB Market2.6%

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
200722,200Andrew 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£3.64b
Earnings (TTM)-UK£223.48m
Revenue (TTM)UK£6.64b
0.5x
P/S Ratio
-16.3x
P/E Ratio

Is MNDI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MNDI income statement (TTM)
Revenue€7.73b
Cost of Revenue€4.71b
Gross Profit€3.02b
Other Expenses€3.28b
Earnings-€260.00m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.59
Gross Margin39.07%
Net Profit Margin-3.36%
Debt/Equity Ratio52.5%

How did MNDI perform over the long term?

See historical performance and comparison

Dividends

2.9%
Current Dividend Yield
-24%
Payout Ratio

Does MNDI pay a reliable dividends?

See MNDI dividend history and benchmarks
When do you need to buy MNDI by to receive an upcoming dividend?
Mondi dividend dates
Ex Dividend DateAug 20 2026
Dividend Pay DateSep 25 2026
Days until Ex dividend22 days
Days until Dividend pay date14 days

Does MNDI pay a reliable dividends?

See MNDI dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 00:16
End of Day Share Price 2026/09/10 00:00
Earnings2026/06/30
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
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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 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 23 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
Caroline LearmonthBarclays
Pallav MittalBarclays
Joseph BloomfieldBerenberg

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