Financials Metsä Board Oyj

Equities

METSB

FI0009000665

Paper Packaging

Real-time Estimate Tradegate 04:03:57 2024-06-10 am EDT 5-day change 1st Jan Change
7.403 EUR -0.43% Intraday chart for Metsä Board Oyj -4.64% +2.92%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,136 3,065 3,086 3,153 2,571 2,677 - -
Enterprise Value (EV) 1 2,447 3,304 3,009 3,250 2,718 2,963 2,862 2,796
P/E ratio 14.6 x 18 x 10.5 x 7.62 x 26.6 x 18 x 13 x 9.29 x
Yield 4% 3.02% 4.76% 6.62% 3.48% 3.22% 4.69% 5.62%
Capitalization / Revenue 1.11 x 1.62 x 1.48 x 1.27 x 1.32 x 1.26 x 1.14 x 1.08 x
EV / Revenue 1.27 x 1.75 x 1.44 x 1.31 x 1.4 x 1.4 x 1.22 x 1.13 x
EV / EBITDA 8.77 x 10.5 x 6.37 x 5.39 x 12.6 x 9.46 x 6.12 x 5.59 x
EV / FCF 18.2 x 19.9 x 20.5 x 122 x 21.8 x 429 x 16.1 x 10.1 x
FCF Yield 5.48% 5.02% 4.87% 0.82% 4.58% 0.23% 6.2% 9.92%
Price to Book 1.59 x 2.22 x 1.8 x 1.5 x 1.34 x 1.3 x 1.22 x 1.13 x
Nbr of stocks (in thousands) 355,513 355,513 355,513 354,513 354,812 355,035 - -
Reference price 2 5.995 8.620 8.610 8.765 7.190 7.435 7.435 7.435
Announcement Date 2/12/20 2/11/21 2/10/22 2/9/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,932 1,889 2,084 2,480 1,942 2,122 2,354 2,483
EBITDA 1 279 316 472.2 602.8 216 313.3 467.3 500.1
EBIT 1 184.4 221 386.6 520.7 122.2 197.7 348.3 375.8
Operating Margin 9.55% 11.7% 18.55% 21% 6.29% 9.32% 14.8% 15.13%
Earnings before Tax (EBT) 1 165.6 212.3 365.8 524.9 120.9 191.7 338.7 367
Net income 1 144.6 170.1 314 461.3 101.6 146.5 203.8 284.5
Net margin 7.49% 9% 15.07% 18.6% 5.23% 6.91% 8.66% 11.46%
EPS 2 0.4100 0.4800 0.8200 1.150 0.2700 0.4134 0.5736 0.8003
Free Cash Flow 1 134.2 165.7 146.6 26.7 124.4 6.9 177.5 277.5
FCF margin 6.95% 8.77% 7.03% 1.08% 6.41% 0.33% 7.54% 11.18%
FCF Conversion (EBITDA) 48.1% 52.44% 31.05% 4.43% 57.59% 2.2% 37.98% 55.49%
FCF Conversion (Net income) 92.81% 97.41% 46.69% 5.79% 122.44% 4.71% 87.08% 97.54%
Dividend per Share 2 0.2400 0.2600 0.4100 0.5800 0.2500 0.2394 0.3489 0.4181
Announcement Date 2/12/20 2/11/21 2/10/22 2/9/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 518.5 582 650.5 647.3 599.8 542.1 498.2 479 422.6 483.7 487.2 584.5 592.4 608 608
EBITDA 1 109.1 142.7 167.2 176.1 116.8 113.7 52.7 23.5 26 57.8 34.89 106 122.8 159 159
EBIT 1 91.3 121.5 145.9 152.5 100.8 88.7 27.3 5.5 0.7 31.5 4.566 75.99 92.85 125 125
Operating Margin 17.61% 20.88% 22.43% 23.56% 16.81% 16.36% 5.48% 1.15% 0.17% 6.51% 0.94% 13% 15.67% 20.56% 20.56%
Earnings before Tax (EBT) 1 90.7 139.1 140 152.4 93.4 87.7 27.5 4.3 1.4 20.1 2.052 73.49 90.35 123 123
Net income 1 78.5 110.7 106.4 132.9 89.6 75.9 19.8 2.8 0.9 14.8 -0.4954 59.61 72.15 102 102
Net margin 15.14% 19.02% 16.36% 20.53% 14.94% 14% 3.97% 0.58% 0.21% 3.06% -0.1% 10.2% 12.18% 16.78% 16.78%
EPS 2 0.1900 0.3100 0.3000 0.3300 0.2100 0.1900 0.0600 0.0100 0.0100 0.0400 -0.0148 0.1554 0.1782 - -
Dividend per Share 2 0.4100 - - - - - - - - - 0.1766 - - - 0.2873
Announcement Date 2/10/22 4/28/22 7/28/22 10/27/22 2/9/23 4/27/23 7/27/23 10/26/23 2/8/24 4/25/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 311 238 - 96.8 147 287 185 120
Net Cash position 1 - - 77.2 - - - - -
Leverage (Debt/EBITDA) 1.114 x 0.7544 x - 0.1606 x 0.6782 x 0.9152 x 0.3958 x 0.2392 x
Free Cash Flow 1 134 166 147 26.7 124 6.9 178 278
ROE (net income / shareholders' equity) 10.9% 12.5% 19.4% 22.5% 4.7% 7.31% 11.1% 13%
ROA (Net income/ Total Assets) 6.35% 7.44% 12% 14.3% 3.21% 6.5% 8.88% 12.1%
Assets 1 2,277 2,287 2,612 3,232 3,161 2,255 2,296 2,351
Book Value Per Share 2 3.760 3.890 4.780 5.860 5.350 5.710 6.070 6.600
Cash Flow per Share 2 0.5700 0.8700 0.8600 0.6500 0.9100 0.5700 0.9200 1.200
Capex 1 94.3 154 214 274 218 199 151 134
Capex / Sales 4.88% 8.16% 10.25% 11.06% 11.25% 9.37% 6.41% 5.4%
Announcement Date 2/12/20 2/11/21 2/10/22 2/9/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
5
Last Close Price
7.435 EUR
Average target price
8.36 EUR
Spread / Average Target
+12.44%
Consensus
  1. Stock Market
  2. Equities
  3. METSB Stock
  4. Financials Metsä Board Oyj