Arctic Paper Future Growth

Future criteria checks 2/6

Arctic Paper is forecast to grow earnings and revenue by 9.3% and 7.3% per annum respectively. EPS is expected to grow by 12.6% per annum. Return on equity is forecast to be 12.6% in 3 years.

Key information

9.3%

Earnings growth rate

12.6%

EPS growth rate

Forestry earnings growth	20.8%
Revenue growth rate	7.3%
Future return on equity	12.6%
Analyst coverage	Low
Last updated	02 Dec 2024

Recent future growth updates

Recent updates

We Think That There Are More Issues For Arctic Paper (WSE:ATC) Than Just Sluggish Earnings

Nov 15

Arctic Paper (WSE:ATC) Has A Pretty Healthy Balance Sheet

Aug 10

Arctic Paper (WSE:ATC) Is Reducing Its Dividend To PLN1.00

May 31

We Take A Look At Why Arctic Paper S.A.'s (WSE:ATC) CEO Compensation Is Well Earned

May 23

Arctic Paper's (WSE:ATC) Shareholders Will Receive A Smaller Dividend Than Last Year

May 02

Why The 34% Return On Capital At Arctic Paper (WSE:ATC) Should Have Your Attention

Aug 04

Are Investors Undervaluing Arctic Paper S.A. (WSE:ATC) By 24%?

Jun 15

Here's Why We Think Arctic Paper (WSE:ATC) Might Deserve Your Attention Today

May 12

Why The 25% Return On Capital At Arctic Paper (WSE:ATC) Should Have Your Attention

Nov 03

These 4 Measures Indicate That Arctic Paper (WSE:ATC) Is Using Debt Reasonably Well

Oct 19

These 4 Measures Indicate That Arctic Paper (WSE:ATC) Is Using Debt Reasonably Well

Feb 25

Slowing Rates Of Return At Arctic Paper (WSE:ATC) Leave Little Room For Excitement

Jan 03

The Returns At Arctic Paper (WSE:ATC) Aren't Growing

Jun 02

Here's Why Arctic Paper (WSE:ATC) Has A Meaningful Debt Burden

May 12

Will The ROCE Trend At Arctic Paper (WSE:ATC) Continue?

Mar 03

Is Arctic Paper (WSE:ATC) Using Too Much Debt?

Feb 10

Here's Why I Think Arctic Paper (WSE:ATC) Might Deserve Your Attention Today

Jan 20

Can You Imagine How Arctic Paper's (WSE:ATC) Shareholders Feel About The 64% Share Price Increase?

Dec 30

Is Arctic Paper S.A. (WSE:ATC) Popular Amongst Insiders?

Dec 09

Earnings and Revenue Growth Forecasts

WSE:ATC - Analysts future estimates and past financials data (PLN Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	4,056	247	781	340	2
12/31/2025	3,871	242	726	327	2
12/31/2024	3,549	262	-110	140	1
9/30/2024	3,450	179	-163	205	N/A
3/31/2024	3,482	222	224	466	N/A
12/31/2023	3,549	247	271	471	N/A
9/30/2023	3,808	272	299	471	N/A
6/30/2023	4,356	442	367	516	N/A
3/31/2023	4,816	618	506	653	N/A
12/31/2022	4,894	631	453	607	N/A
9/30/2022	4,763	601	457	614	N/A
6/30/2022	4,250	416	248	420	N/A
3/31/2022	3,741	219	67	232	N/A
12/31/2021	3,413	127	78	238	N/A
9/30/2021	3,174	86	-8	129	N/A
6/30/2021	2,987	93	68	196	N/A
3/31/2021	2,816	85	25	165	N/A
12/31/2020	2,847	111	75	211	N/A
9/30/2020	2,872	120	156	305	N/A
6/30/2020	2,964	102	137	307	N/A
3/31/2020	3,110	123	202	353	N/A
12/31/2019	3,117	83	205	342	N/A
9/30/2019	3,146	34	144	305	N/A
6/30/2019	3,169	33	105	254	N/A
3/31/2019	3,191	5	45	207	N/A
12/31/2018	3,158	8	-27	149	N/A
9/30/2018	3,130	31	8	168	N/A
6/30/2018	3,048	27	N/A	158	N/A
3/31/2018	2,967	31	N/A	241	N/A
12/31/2017	2,953	42	N/A	262	N/A
9/30/2017	2,920	61	N/A	249	N/A
6/30/2017	2,944	65	N/A	273	N/A
3/31/2017	2,962	61	N/A	207	N/A
12/31/2016	2,967	46	N/A	185	N/A
9/30/2016	2,970	39	N/A	159	N/A
6/30/2016	2,941	24	N/A	132	N/A
3/31/2016	2,908	30	N/A	135	N/A
12/31/2015	2,900	26	N/A	173	N/A
9/30/2015	2,891	53	N/A	139	N/A
6/30/2015	2,888	73	N/A	201	N/A
3/31/2015	2,893	74	N/A	213	N/A
12/31/2014	2,865	71	N/A	206	N/A
9/30/2014	2,899	18	N/A	218	N/A
6/30/2014	2,955	-26	N/A	129	N/A
3/31/2014	3,025	-121	N/A	121	N/A
12/31/2013	3,105	-132	N/A	15	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ATC's forecast earnings growth (9.3% per year) is above the savings rate (4.1%).

Earnings vs Market: ATC's earnings (9.3% per year) are forecast to grow slower than the Polish market (16.2% per year).

High Growth Earnings: ATC's earnings are forecast to grow, but not significantly.

Revenue vs Market: ATC's revenue (7.3% per year) is forecast to grow faster than the Polish market (5% per year).

High Growth Revenue: ATC's revenue (7.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ATC's Return on Equity is forecast to be low in 3 years time (12.6%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 15:37
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 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 Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 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 here.

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 .

Analyst Sources

Arctic Paper S.A. is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	ABG Sundal Collier Sponsored
Kamil Kliszcz	Biuro maklerskie mBanku
Jakub Sargsyan	Biuro maklerskie mBanku

Arctic Paper Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 30%

Consensus EPS estimates fall by 16%

Consensus EPS estimates increase by 26%

Arctic Paper Provides Production Guidance for the Year 2024

Consensus EPS estimates increase by 18%

Arctic Paper S.A. Provides Earnings Guidance for the Second Quarter of 2023

Recent updates

Arctic Paper S.A. (WSE:ATC) signed an agreement to acquire 4-megawatt solar park in Poland from Coral W. Perkowski, J.perkowski Sp.k.

We Think That There Are More Issues For Arctic Paper (WSE:ATC) Than Just Sluggish Earnings

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus EPS estimates fall by 30%

Arctic Paper (WSE:ATC) Has A Pretty Healthy Balance Sheet

Second quarter 2024 earnings released: EPS: zł0.26 (vs zł0.57 in 2Q 2023)

Consensus EPS estimates fall by 16%

Upcoming dividend of zł1.00 per share

Arctic Paper (WSE:ATC) Is Reducing Its Dividend To PLN1.00

Arctic Paper Declares Dividend for the Year 2023, Payable on June 18, 2024

We Take A Look At Why Arctic Paper S.A.'s (WSE:ATC) CEO Compensation Is Well Earned

First quarter 2024 earnings released: EPS: zł1.19 (vs zł1.07 in 1Q 2023)

Arctic Paper S.A., Annual General Meeting, May 29, 2024

Arctic Paper's (WSE:ATC) Shareholders Will Receive A Smaller Dividend Than Last Year

Arctic Paper S.A., Annual General Meeting, May 29, 2024

Arctic Paper S.A. Recommends Dividend for the Year 2023

Full year 2023 earnings released: EPS: zł3.57 (vs zł9.11 in FY 2022)

Consensus EPS estimates increase by 26%

Arctic Paper Provides Production Guidance for the Year 2024

Third quarter 2023 earnings released: EPS: zł0.74 (vs zł3.20 in 3Q 2022)

Consensus EPS estimates increase by 18%

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: zł0.57 (vs zł3.12 in 2Q 2022)

Arctic Paper S.A. Appoints Fabian Langenskiöld as A Member of the Company's Management Board with Effect from August 14, 2023

Arctic Paper S.A. Provides Earnings Guidance for the Second Quarter of 2023

Why The 34% Return On Capital At Arctic Paper (WSE:ATC) Should Have Your Attention

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 17%

Are Investors Undervaluing Arctic Paper S.A. (WSE:ATC) By 24%?

Now 24% undervalued

Arctic Paper S.A. Dividend for the Financial Year 2022, Payable on 21 June 2023

Upcoming dividend of zł2.70 per share at 11% yield

Now 21% undervalued after recent price drop

Arctic Paper S.A., Annual General Meeting, Jun 06, 2023

Here's Why We Think Arctic Paper (WSE:ATC) Might Deserve Your Attention Today

Investor sentiment improves as stock rises 15%

Arctic Paper S.A. Announces Executive Changes

Full year 2022 earnings released: EPS: zł9.11 (vs zł1.84 in FY 2021)

Now 22% undervalued

Now 21% undervalued

Arctic Paper S.A. Recommends Dividend for the Year 2022

Arctic Paper S.A.(OM:ARP) dropped from OMX Nordic Small Cap Index

Arctic Paper S.A. to Report Q3, 2023 Results on Nov 07, 2023

Third quarter 2022 earnings released: EPS: zł3.20 (vs zł0.53 in 3Q 2021)

Why The 25% Return On Capital At Arctic Paper (WSE:ATC) Should Have Your Attention

These 4 Measures Indicate That Arctic Paper (WSE:ATC) Is Using Debt Reasonably Well

Investor sentiment deteriorated over the past week

With EPS Growth And More, Arctic Paper (WSE:ATC) Makes An Interesting Case

We Like These Underlying Return On Capital Trends At Arctic Paper (WSE:ATC)

Investor sentiment improved over the past week

Upcoming dividend of zł0.40 per share

Investor sentiment improved over the past week

Arctic Paper (WSE:ATC) Will Pay A Larger Dividend Than Last Year At zł0.40

Arctic Paper S.A., Annual General Meeting, Jun 22, 2022

First quarter 2022 earnings released: EPS: zł1.74 (vs zł0.42 in 1Q 2021)

Calculating The Fair Value Of Arctic Paper S.A. (WSE:ATC)

Arctic Paper's (WSE:ATC) Returns Have Hit A Wall

Is Now The Time To Put Arctic Paper (WSE:ATC) On Your Watchlist?

These 4 Measures Indicate That Arctic Paper (WSE:ATC) Is Using Debt Reasonably Well

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Arctic Paper S.A. Announces Dividend

Slowing Rates Of Return At Arctic Paper (WSE:ATC) Leave Little Room For Excitement

Third quarter 2021 earnings released: EPS zł0.53 (vs zł0.64 in 3Q 2020)

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS zł0.27 (vs zł0.15 in 2Q 2020)

Upcoming dividend of zł0.30 per share

The Returns At Arctic Paper (WSE:ATC) Aren't Growing

First quarter 2021 earnings released: EPS zł0.42 (vs zł0.79 in 1Q 2020)