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UPM-Kymmene

26.71 EUR

-1.29 %

21,433 following

UPM

NASDAQ Helsinki

Paper & Forest Products

Basic Materials

Overview
Financials & Estimates
Dividend
Investor consensus
Compare
-1.29 %
-1.00 %
+7.75 %
+7.75 %
+13.47 %
+5.99 %
-13.70 %
-13.76 %
+230.85 %

UPM-Kymmene is active in the forest industry. The company currently works with the development of wood biomass and biofuel. The product portfolio is broad and includes, for example, biochemicals, printing materials, paper, and timber. The company has operations on a global level, with the largest presence around the European market. The head office is located in Helsinki.

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Market cap
14.1B EUR
Turnover
27.64M EUR
P/E (adj.) (26e)
17.73
EV/EBIT (adj.) (26e)
15.6
P/B (26e)
1.41
EV/S (26e)
1.67
Dividend yield-% (26e)
5.62 %
Coverage
Recommendation
Reduce
Target price
24.00 EUR
Updated
2026-02-05
Antti Viljakainen
Antti Viljakainen

Head of Research

Latest research

Latest analysis report

Released: 2026-02-05

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
9/4
2026

General meeting '26

10/4
2026

Half year dividend

29/4
2026

Interim report Q1'26

Risk
Business risk
Valuation risk
Low
High
All
Research
Webcasts
Press releases
ShowingAll content types
Press release3/30/2026, 8:00 AM

UPM-Kymmene Oyj: UPM strengthens presence in India with a new Adhesive Materials terminal near New Delhi

UPM-Kymmene
Konsensusestimaten för skogsbolagen fortsatte att sjunka innan kriget i Iran bröt ut
Analyst Comment3/24/2026, 5:55 AM by
Antti Viljakainen

Konsensusestimaten för skogsbolagen fortsatte att sjunka innan kriget i Iran bröt ut

Skogsbolagens konsensusestimat för 2026, som nästan oavbrutet har sjunkit, fortsatte att minska i samband med Q4-rapportperioden.

UPM-KymmeneStora EnsoMetsä BoardKoskisen
Regulatory press release3/16/2026, 7:00 AM

UPM-Kymmene Oyj: Changes in UPM's Group Executive Team

UPM-Kymmene

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Press release3/5/2026, 8:00 AM

UPM-Kymmene Oyj: UPM to modernize Tyrvää power plant - supports the growth of clean and flexible electricity generation

UPM-Kymmene
Regulatory press release3/4/2026, 7:15 AM

UPM-Kymmene Oyj: UPM Annual Report 2025, Corporate Governance Statement and Remuneration Report published

UPM-Kymmene
Regulatory press release2/27/2026, 3:15 PM

UPM-Kymmene Oyj: UPM-Kymmene Corporation: Managers' Transactions (Reynaudo)

UPM-Kymmene
Regulatory press release2/27/2026, 3:15 PM

UPM-Kymmene Oyj: UPM-Kymmene Corporation: Managers' Transactions (Korpeinen)

UPM-Kymmene
Regulatory press release2/27/2026, 3:15 PM

UPM-Kymmene Oyj: UPM-Kymmene Corporation: Managers' Transactions (Kirchen)

UPM-Kymmene
Regulatory press release2/27/2026, 3:15 PM

UPM-Kymmene Oyj: UPM-Kymmene Corporation: Managers' Transactions (Kekki)

UPM-Kymmene
Regulatory press release2/27/2026, 3:15 PM

UPM-Kymmene Oyj: UPM-Kymmene Corporation: Managers' Transactions (Temmes)

UPM-Kymmene
Regulatory press release2/6/2026, 9:00 AM

UPM-Kymmene Oyj: UPM-Kymmene Corporation: Managers' Transactions (Kekki)

UPM-Kymmene
UPM Q4'25: Den nedåtgående trenden i estimaten har ännu inte vänt
Research2/5/2026, 6:47 AM by
Antti Viljakainen

UPM Q4'25: Den nedåtgående trenden i estimaten har ännu inte vänt

Den övergripande bilden av UPM:s Q4-rapport var enligt vår mening något dyster, särskilt vad gäller guidningen för början av året. Vi sänkte våra estimat ytterligare något efter rapporten. Aktien är inte billig på kort sikt (2026e: P/E 17x), även om vinsten väntas vända till tillväxt från en låg nivå i år. Därför upprepar vi vår riktkurs på EUR 24,00 för UPM och vår Minska-rekommendation.

UPM-Kymmene
Regulatory press release2/4/2026, 1:45 PM

UPM-Kymmene Oyj: Notice of the Annual General Meeting of UPM-Kymmene Corporation

UPM-Kymmene
Regulatory press release2/4/2026, 12:00 PM

UPM-Kymmene Oyj: The new plans commencing in 2026 within UPM share incentive arrangements

UPM-Kymmene
UPM Financial Statement Release for the year 2025
Webcast2/4/2026, 11:15 AM

UPM Financial Statement Release for the year 2025

UPM-Kymmene
Regulatory press release2/4/2026, 7:20 AM

UPM-Kymmene Oyj: UPM financial statements release 2025: Positive finish to the year - strong cash flow and decisive strategic actions

UPM-Kymmene
Article1/31/2026, 8:00 AM by
Daniel Vähä-Antila

Utdelningsutsikter 2026: börsens direktavkastning minskar

Helsingforsbörsens direktavkastning förväntas minska från jämförelseperioden. Utdelningssänkningar är att vänta, men hög direktavkastning finns också tillgänglig från utvalda företag.

MandatumFortumNordea BankVerkkokauppa.comArvo SijoitusosuuskuntaTerveystaloPihlajalinnaMetsä BoardOriolaFiskarsTitaniumStora EnsoUPM-Kymmene
UPM Q4'25 förhandskommentar: Konsensus verkar optimistisk gällande de kortsiktiga utsikterna
Analyst Comment1/29/2026, 5:59 AM by
Antti Viljakainen

UPM Q4'25 förhandskommentar: Konsensus verkar optimistisk gällande de kortsiktiga utsikterna

Det största intresset och överraskningsmomentet är dock relaterat till UPM:s guidning, där vi anser att riskerna är något nedåtriktade i förhållande till förväntningarna.

UPM-Kymmene
Press release1/28/2026, 8:00 AM

UPM-Kymmene Oyj: Invitation to UPM's webcast on Financial Statements 2025

UPM-Kymmene
Press release1/12/2026, 8:00 AM

UPM-Kymmene Oyj: UPM receives leadership scores in CDP 2025 assessment

UPM-Kymmene
Forum discussions
An interesting walkthrough of UPM and its prospects. It’s also worth paying attention to the analysis of the value of UPM’s different parts: biochemistry (Leuna, etc.) at zero, as there’s no guarantee of profits, and on the other hand, it’s pointed out that energy production is significant...
3/25/2026, 6:40 AM
by PörssiPatruuna
29
Regarding the price of natural gas, Metsä Group has long been planning to build biogas plants next to its pulp mills to replace expensive natural gas purchased from the Gasgrid network and elsewhere. I once followed the project related to Metsä Fibre’s Joutseno pulp mill, which was...
3/19/2026, 10:37 PM
10
GS initiates coverage, UPM ‘Neutral’, Stora ‘Sell’ (8.0€) Goldman’s most bearish call is Stora Enso, where an €8.0 target implies 16% downside. The brokerage is 12-17% below consensus on 2026-27 EBITDA, arguing that the company’s new 750,000-tonne Oulu consumer board’ mill will ramp...
3/24/2026, 1:53 PM
by Opa
9
Here are Antti’s comments on the consensus estimates for forest companies The almost continuous decline in forest companies’ 2026 consensus estimates continued in connection with the Q4 earnings season. There has been a certain divergence in the share price development of forest ...
3/24/2026, 6:35 AM
by Sijoittaja-alokas
9
The downturn in the pulp market continues, and in the big picture, softwood pulp is being partially replaced by eucalyptus pulp. Maaseudun Tulevaisuus – 20 Mar 26 Pysäyttävä ennustus: Uusia havusellutehtaita ei rakenneta ehkä enää koskaan Sellun markkinoilla on ollut tahmea alkuvuosi...
3/20/2026, 1:31 PM
by Logitech
7
Dark clouds gather over Joutseno “History in this region has shown that long production stoppages and layoffs are often followed by the closure of the factory.” Metsälehti Käynnistyykö Joutseno vielä? – "Eihän tilanne hyvältä näytä" - Metsälehti Moni pelkää, että Metsä Fibren Joutsenon...
15 hours ago
by Aloittelija
6
CEO’s review of yesterday’s AGM! Inderes Metsä Boardin yhtiökokous | Toimitusjohtajan katsaus 19.3.2026 - Inderes Aika: 20.03.2026 klo 18.25 Toimitusjohtaja Esa Kaikkosen katsaus Metsä Boardin yhtiökokouksesta 19.3.2026.
3/20/2026, 4:29 PM
by Sara Antonacci
6
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