company background image
NPAP

Nordic Paper Holding OM:NPAPER Stock Report

Last Price

kr38.60

Market Cap

kr2.5b

7D

3.3%

1Y

-8.0%

Updated

23 Jun, 2022

Data

Company Financials +
NPAPER fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends3/6

NPAPER Stock Overview

Nordic Paper Holding AB (publ) produces and sells natural greaseproof and kraft paper in Sweden, Italy, Germany, rest of Europe, the United States, and internationally.

Nordic Paper Holding Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nordic Paper Holding
Historical stock prices
Current Share Pricekr38.60
52 Week Highkr46.40
52 Week Lowkr30.05
Beta0
1 Month Change2.93%
3 Month Change20.06%
1 Year Change-7.99%
3 Year Changen/a
5 Year Changen/a
Change since IPO-8.09%

Recent News & Updates

May 06
We Like The Quality Of Nordic Paper Holding's (STO:NPAPER) Earnings

We Like The Quality Of Nordic Paper Holding's (STO:NPAPER) Earnings

Nordic Paper Holding AB (publ)'s ( STO:NPAPER ) solid earnings announcement recently didn't do much to the stock price...

Shareholder Returns

NPAPERSE ForestrySE Market
7D3.3%-4.5%-3.3%
1Y-8.0%13.5%-20.4%

Return vs Industry: NPAPER underperformed the Swedish Forestry industry which returned 13.5% over the past year.

Return vs Market: NPAPER exceeded the Swedish Market which returned -20.4% over the past year.

Price Volatility

Is NPAPER's price volatile compared to industry and market?
NPAPER volatility
NPAPER Average Weekly Movement6.2%
Forestry Industry Average Movement6.2%
Market Average Movement7.4%
10% most volatile stocks in SE Market12.1%
10% least volatile stocks in SE Market4.7%

Stable Share Price: NPAPER is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: NPAPER's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1871675Anita Sjolanderhttps://www.nordic-paper.com

Nordic Paper Holding AB (publ) produces and sells natural greaseproof and kraft paper in Sweden, Italy, Germany, rest of Europe, the United States, and internationally. It offers a range of kraft paper, including sack/machine finished paper, machine glazed paper, absorbent kraft paper, and steel interleaving paper for carrier bags and food packaging, as well as in packaging for building materials and other industrial applications; and natural greaseproof paper, such as baking paper, paper for baking cups, food packaging and barrier paper, and lamination paper for building materials. The company was founded in 1871 and is headquartered in Karlstad, Sweden.

Nordic Paper Holding Fundamentals Summary

How do Nordic Paper Holding's earnings and revenue compare to its market cap?
NPAPER fundamental statistics
Market Capkr2.51b
Earnings (TTM)kr225.00m
Revenue (TTM)kr3.37b

11.5x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NPAPER income statement (TTM)
Revenuekr3.37b
Cost of Revenuekr1.53b
Gross Profitkr1.85b
Other Expenseskr1.62b
Earningskr225.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 20, 2022

Earnings per share (EPS)3.36
Gross Margin54.68%
Net Profit Margin6.67%
Debt/Equity Ratio214.7%

How did NPAPER perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

59%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is NPAPER undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NPAPER?

Other financial metrics that can be useful for relative valuation.

NPAPER key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.1x
Enterprise Value/EBITDA7.2x
PEG Ratio1.6x

Price to Earnings Ratio vs Peers

How does NPAPER's PE Ratio compare to its peers?

NPAPER PE Ratio vs Peers
The above table shows the PE ratio for NPAPER vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average8.9x

Price-To-Earnings vs Peers: NPAPER is expensive based on its Price-To-Earnings Ratio (11.5x) compared to the peer average (8.9x).


Price to Earnings Ratio vs Industry

How does NPAPER's PE Ratio compare vs other companies in the Forestry Industry?

Price-To-Earnings vs Industry: NPAPER is expensive based on its Price-To-Earnings Ratio (11.5x) compared to the Swedish Forestry industry average (11.2x)


Price to Earnings Ratio vs Fair Ratio

What is NPAPER's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NPAPER PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.5x
Fair PE Ratio11x

Price-To-Earnings vs Fair Ratio: NPAPER is expensive based on its Price-To-Earnings Ratio (11.5x) compared to the estimated Fair Price-To-Earnings Ratio (11x).


Share Price vs Fair Value

What is the Fair Price of NPAPER when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NPAPER (SEK38.6) is trading below our estimate of fair value (SEK48.33)

Significantly Below Fair Value: NPAPER is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: NPAPER is poor value based on its PEG Ratio (1.6x)


Discover undervalued companies

Future Growth

How is Nordic Paper Holding forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


7.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NPAPER's forecast earnings growth (7.3% per year) is above the savings rate (0.3%).

Earnings vs Market: NPAPER's earnings (7.3% per year) are forecast to grow slower than the Swedish market (9.6% per year).

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

Revenue vs Market: NPAPER's revenue (5.6% per year) is forecast to grow faster than the Swedish market (5.6% per year).

High Growth Revenue: NPAPER's revenue (5.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NPAPER's Return on Equity is forecast to be high in 3 years time (38.2%)


Discover growth companies

Past Performance

How has Nordic Paper Holding performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


3.7%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: NPAPER has a large one-off loss of SEK113.0M impacting its March 31 2022 financial results.

Growing Profit Margin: NPAPER's current net profit margins (6.7%) are lower than last year (7.6%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if NPAPER's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare NPAPER's past year earnings growth to its 5-year average.

Earnings vs Industry: NPAPER earnings growth over the past year (3.7%) underperformed the Forestry industry 94.4%.


Return on Equity

High ROE: Whilst NPAPER's Return on Equity (29.53%) is high, this metric is skewed due to their high level of debt.


Discover strong past performing companies

Financial Health

How is Nordic Paper Holding's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NPAPER's short term assets (SEK1.7B) exceed its short term liabilities (SEK964.0M).

Long Term Liabilities: NPAPER's short term assets (SEK1.7B) do not cover its long term liabilities (SEK1.7B).


Debt to Equity History and Analysis

Debt Level: NPAPER's net debt to equity ratio (164.3%) is considered high.

Reducing Debt: Insufficient data to determine if NPAPER's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: NPAPER's debt is well covered by operating cash flow (25.3%).

Interest Coverage: NPAPER's interest payments on its debt are well covered by EBIT (17.2x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Nordic Paper Holding current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


5.18%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: NPAPER's dividend (5.18%) is higher than the bottom 25% of dividend payers in the Swedish market (1.65%).

High Dividend: NPAPER's dividend (5.18%) is low compared to the top 25% of dividend payers in the Swedish market (5.34%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether NPAPER's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if NPAPER's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (59.5%), NPAPER's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (63.4%), NPAPER's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.4yrs

Average management tenure


CEO

Anita Sjolander (56 yo)

3.42yrs

Tenure

Ms. Anita Sjolander is Chief Executive Officer at Nordic Paper Holding AB (publ) since 2019. She has been with the Nordic Paper Holding AB (publ) since 2018. She has been CEO of Nordic Paper AS since April...


Leadership Team

Experienced Management: NPAPER's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: NPAPER's board of directors are considered experienced (3.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: NPAPER insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Nordic Paper Holding AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Nordic Paper Holding AB (publ)
  • Ticker: NPAPER
  • Exchange: OM
  • Founded: 1871
  • Industry: Paper Products
  • Sector: Materials
  • Implied Market Cap: kr2.512b
  • Shares outstanding: 66.91m
  • Website: https://www.nordic-paper.com

Number of Employees


Location

  • Nordic Paper Holding AB (publ)
  • Tullhusgatan 1B
  • Karlstad
  • Värmland County
  • 652 09
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/23 00:00
End of Day Share Price2022/06/23 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.