Stora Enso: Not yet convinced of the rationale for optimism
Following the company's weak Q3 report, our near-term estimate revisions for Stora Enso were small but negative.
Stora Enso
11.22
10.5
Reduce
Reduce
Stora Enso is a global forest industry group. The business segments include the production and development of newsprint and book paper, consumer boxes, industrial packaging and other wood products. The group is active on a global level with the largest presence in Europe and North America. The company was founded in 1998 at the merger of Finska Enso and Swedish Stora Kopparbergs Bergslags Aktiebolag. The head office is located in Helsinki.
Read more on company pageKey Estimate Figures24.10.2023
2022 | 23e | 24e | |
---|---|---|---|
Revenue | 11,679.8 | 9,511.0 | 9,396.6 |
growth-% | 14.9 % | -18.6 % | -1.2 % |
EBIT (adj.) | 1,890.2 | 357.9 | 796.6 |
EBIT-% (adj.) | 16.2 % | 3.8 % | 8.5 % |
EPS (adj.) | 1.84 | 0.23 | 0.66 |
Dividend | 0.60 | 0.30 | 0.40 |
Dividend % | 4.6 % | 3.4 % | 4.5 % |
P/E (adj.) | 7.13 | 37.76 | 13.41 |
EV/EBITDA | 4.70 | 13.88 | 7.41 |