UPM-Kymmene

25.34 EUR

+0.64%

21,595 following

UPM

NASDAQ Helsinki

Paper & Forest Products

Basic Materials

+0.64 %
-4.92 %
-8.68 %
+2.22 %
+4.11 %
+1.20 %
-14.16 %
-22.46 %
+213.88 %

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
13.37B EUR
Turnover
15.16M EUR
P/E (adj.) (26e)
16.41
EV/EBIT (adj.) (26e)
14.77
P/B (26e)
1.33
EV/S (26e)
1.61
Dividend yield-% (26e)
5.92 %
Coverage
Recommendation
Reduce
Target price
24.00 EUR
Updated
2026-04-29
Antti Viljakainen

Head of Research

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
23/7
2026

Interim report Q2'26

28/10
2026

Interim report Q3'26

30/10
2026

Half year dividend

Risk
Business risk
Valuation risk
Low
High

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UPM Q1'26: Vi behåller vår bevakningsposition
Research by

UPM Q1'26: Vi behåller vår bevakningsposition

Den övergripande bilden av UPM:s Q1-rapport var enligt vår mening ganska neutral. Vi gjorde inga betydande estimatrevideringar efter rapporten. Aktien är inte billig på kort sikt (2026e: P/E 16x), även om resultatet förväntas vända till tillväxt från en låg nivå i år, trots risker relaterade till verksamhetsmiljön. Därmed upprepar vi vår riktkurs på 24,00 EUR och vår Minska-rekommendation för UPM.

Forum discussions
New plywood company WISA pulls a “Mandatum” - but only halfway? The arrival of a new plywood company on the Hesuli (Helsinki Stock Exchange) listings from under UPM’s wing might not be just an ordinary day. Based on current information, UPM shareholders will receive a slice of WISA...
UPM’s list of largest shareholders has been updated. Here are a few observations regarding movements in April. Main takeaway: Ilmarinen +970,000 shares (+5.9%), now holding 17.42 million shares and 3.30% of the company. This was the largest actual purchase of the entire month. Pension...
Stora Enso’s planned mega-sawmill investment has taken another step forward. Operations are clearly being centralized at “mega-sites” in Imatra and Oulu, where strategic moves have also been observed on the sawmilling side. If this project is realized, Stora Enso’s Honkalahti sawmill...
As a counterargument, one could defend such a common chemical forest industry chain, as basic industry companies are cyclical and significantly dependent on external conditions as well as the actions of competitors.
Miksu spoke with Metsä Board CEO Esa Kaikkonen about the company’s Q1 results Inderes Metsä Board Q1'26: Lähi-idästä vastatuulta tuloskäänteelle - Inderes Aika: 30.04.2026 klo 14.55 Lähi-idän tilanteen makroheijasteet eivät helpota tuloskäännettä, vaikka käynnissä olevat tehostustoimet...
Here is the latest company report on Stora Enso from Viljakainen. In our view, the overall picture of Stora Enso’s Q1 report was fairly neutral, even though the risk level related to the operating environment is somewhat elevated. Following the report, we only slightly lowered our...
Here are Antti’s quick comments on Stora Enso’s Q1 results. Stora Enso released its Q1 report this morning, which proved to be operationally better than market fears regarding the Q1 result. Stora Enso does not provide earnings guidance, and in its Q2 outlook, the company continued...
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