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UPM-Kymmene

23.67 EUR+0.38 %21/8 17:29
21,979 following

UPM

NASDAQ Helsinki

Paper & Forest Products

Basic Materials

Overview
Financials & Estimates
Dividend
Investor consensus
Compare
+0.38 %
+1.11 %
-6.48 %
-12.27 %
-4.52 %
-3.66 %
-18.63 %
-31.03 %
+193.20 %

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
12.49B EUR
Turnover
26.06M EUR
P/E (adj.) (26e)
17.42
EV/EBIT (adj.) (26e)
16.56
P/B (26e)
1.26
EV/S (26e)
1.69
Dividend yield-% (26e)
6.34 %
Coverage
Recommendation
Reduce
Target price
22.00 EUR
Updated
2026-07-24
Antti Viljakainen
Antti Viljakainen

Head of Research

Latest research

Latest analysis report

Released: 2026-07-24

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
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Forum discussions
Is Inderes planning to release a more detailed analysis with investment recommendations on WISA at some point? In principle, it could be an interesting investment target after the initial settling-in period; Potential dumping similar to Mandatum at the beginning of the listing Positive...
10 hours ago
by AP_1981
12
I don’t even remember what I predicted, but it wasn’t far off. Regardless, let’s just put it on the record for the future: of course, the total spun-off portion would have affected UPM’s share price. Let’s calculate it as if the current corporation were one entity. Demokraatti.fi...
1 hour ago
by TervanKypsyttelijä
3
The synergies of such industrial processes are almost always aimed to be maximized. Steam, nitrogen, electricity, wastewater treatment, etc., are often shared infrastructure. If, for example, a pulp mill goes under, the other facility has to cover the maintenance costs of the shared...
yesterday
by Simo Hijoittaja
3
There are certainly synergies, and they support each other in their operations. With my message, I mainly meant that the existence of a BCTMP mill at the factory site won’t save the pulp mill. In all likelihood, both would be shut down if the pulp production is closed; it’s hardly...
yesterday
by Jekkku
2
Surely, however, they have some synergies? Wood handling, steam, water treatment, chemicals, logistics, etc.? Wouldn’t the profitability of both suffer if one were to cease operations? Electricity can be bought from the power exchange, and through that, it probably circulates between...
yesterday
by Logitech
2
Doesn’t Enocell still have a sawmill next to it, not just a pulp mill? I wonder what the profitability of the BCTMP business is, and whether the mills are now in logistically sensible locations. Kaskinen is also suffering a bit now, as the mill had been receiving some wood by train...
8/21/2026, 1:52 PM
by KooAP
1
The chemical pulp mill is capable of operating independently even if the pulp mill were to be shut down. I believe the BCTMP mill is running even now in Joutseno, while pulp production is dormant. It seems electricity has to be purchased from the grid since there are no recovery ...
8/21/2026, 1:01 PM
by Jekkku
1
Read more on our forum
Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
31/8
2026

Extraordinary general meeting '26

28/10
2026

Interim report Q3'26

30/10
2026

Half year dividend

Regulatory press release2026-08-17 15:00

UPM-Kymmene Oyj: The Finnish Financial Supervisory Authority has approved a supplement to WISA Group Plc's demerger and listing prospectus

UPM-Kymmene
Regulatory press release2026-07-29 12:00

UPM-Kymmene Corporation: Managers' Transactions (Kekki)

UPM-Kymmene
UPM Q2'26: Utsikterna på kort sikt svek, precis som vi befarade
Research2026-07-24 05:55 by
Antti Viljakainen

UPM Q2'26: Utsikterna på kort sikt svek, precis som vi befarade

Den övergripande bilden av UPM:s Q2-rapport var enligt vår mening dyster, eftersom företagets H2-guidning inte levde upp till förväntningarna, precis som vi befarade i vår förhandskommentar.

UPM-Kymmene

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UPM Interim Report for January–June 2026
Webcast2026-07-23 12:15

UPM Interim Report for January–June 2026

UPM-Kymmene
Regulatory press release2026-07-23 08:30

UPM Half Year Financial Report 2026: Improved second quarter results in all businesses and portfolio change progressing

UPM-Kymmene
UPM Q2'26 förhandskommentar: Riskerna för den närmaste tidens utsikter är fortsatt nedåtriktade
Analyst Comment2026-07-21 06:49 by
Antti Viljakainen

UPM Q2'26 förhandskommentar: Riskerna för den närmaste tidens utsikter är fortsatt nedåtriktade

Det svaga nyhetsflödet från skogssektorn gör att riskerna för vinstprognosen för slutet av året är nedåtriktade.

UPM-Kymmene
Regulatory press release2026-07-16 15:00

UPM-Kymmene Oyj: The Finnish Financial Supervisory Authority has approved WISA Group Plc's demerger and listing prospectus. WISA Group Plc's Group Leadership Team appointed.

UPM-Kymmene
Regulatory press release2026-07-16 12:00

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

UPM-Kymmene
Press release2026-07-16 09:00

UPM-Kymmene Oyj: Invitation to UPM's webcast on the half-year financial report 2026

UPM-Kymmene
Press release2026-07-02 10:00

UPM-Kymmene Oyj: UPM achieves a Platinum rating from EcoVadis and an A score from CDP for its supplier engagement

UPM-Kymmene
Press release2026-06-25 09:00

UPM-Kymmene Oyj: UPM and ANDRITZ partner to advance tailored tissue innovation

UPM-Kymmene
Press release2026-06-18 08:40

UPM-Kymmene Oyj: Production curtailments at UPM's pulp mills in Finland

UPM-Kymmene
Press release2026-06-15 13:00

UPM-Kymmene Oyj: UPM Adhesive Materials highlights climate progress and value chain collaboration in its 2025 Climate Review

UPM-Kymmene
Press release2026-06-11 10:00

UPM-Kymmene Oyj: New climate report from UPM Communication Papers marks major progress toward 2030 climate target

UPM-Kymmene
Press release2026-06-08 13:00

UPM-Kymmene Oyj: UPM delivers purpose-built adhesive solutions for demanding label applications

UPM-Kymmene
Regulatory press release2026-06-03 09:00

Changes in UPM's Group Executive Team: Joonas Rauramo appointed Executive Vice President, UPM Energy

UPM-Kymmene
UPM:s och Sappis fusion av pappersaffärsområden är i praktiken endast beroende av konkurrensmyndigheterna
Analyst Comment2026-05-29 06:00 by
Antti Viljakainen

UPM:s och Sappis fusion av pappersaffärsområden är i praktiken endast beroende av konkurrensmyndigheterna

Konkurrensmyndigheternas inställning till arrangemanget är fortfarande svår att bedöma.

UPM-Kymmene
Regulatory press release2026-05-28 08:27

Inside information: UPM and Sappi have signed a definitive agreement on the graphic paper Joint Venture

UPM-Kymmene
Press release2026-05-13 18:00

UPM-Kymmene Oyj: UPM acquires Ray Technology® intellectual property from Avantium, broadening its bio-based glycols IP portfolio

UPM-Kymmene
Press release2026-05-07 14:00

UPM-Kymmene Oyj: UPM introduces receipt materials for order accuracy at quick-service restaurants

UPM-Kymmene