S

Stora Enso Oyj
OMXH:STERV

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Stora Enso Oyj
OMXH:STERV
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Price: 10.235 EUR -0.58% Market Closed
Market Cap: €8.1B

EV/EBITDA

13.7
Current
81%
More Expensive
vs 3-y average of 7.6

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
13.7
=
Enterprise Value
€12B
/
EBITDA
€805m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
13.7
=
Enterprise Value
€12B
/
EBITDA
€805m

Valuation Scenarios

Stora Enso Oyj is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (7.6), the stock would be worth €5.65 (45% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-45%
Maximum Upside
No Upside Scenarios
Average Downside
32%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 13.7 €10.24
0%
3-Year Average 7.6 €5.65
-45%
5-Year Average 8.8 €6.58
-36%
Industry Average 9.1 €6.82
-33%
Country Average 11.5 €8.59
-16%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
€12B
/
Jan 2026
€805m
=
13.7
Current
€12B
/
Dec 2026
€1.4B
=
8.7
Forward
€12B
/
Dec 2027
€1.6B
=
7.6
Forward
€12B
/
Dec 2028
€1.7B
=
7.1
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
FI
Stora Enso Oyj
OMXH:STERV
8.1B EUR 13.7 11.5
FI
UPM-Kymmene Oyj
OMXH:UPM
14B EUR 14.2 28.2
BR
Suzano SA
BOVESPA:SUZB3
57.7B BRL 6.1 4.2
ZA
Sappi Ltd
JSE:SAP
9.6B ZAR 7.4 -2.1
CN
Shandong Sun Paper Co Ltd
SZSE:002078
40.7B CNY 12.9 12.5
SE
Holmen AB
STO:HOLM B
50.5B SEK 13.6 16.9
JP
Oji Holdings Corp
TSE:3861
834B JPY 10.7 31
UK
Mondi PLC
LSE:MNDI
3.3B GBP 6 23
HK
Nine Dragons Paper (Holdings) Ltd
HKEX:2689
30.1B HKD 14.5 8.1
ID
Indah Kiat Pulp & Paper Tbk PT
IDX:INKP
54.3T IDR 6.1 7
CL
Empresas CMPC SA
SGO:CMPC
2.8T CLP 107.6 16.2

Market Distribution

In line with most companies in Finland
Percentile
58th
Based on 419 companies
58th percentile
13.7
Low
0.5 — 8.7
Typical Range
8.7 — 16.5
High
16.5 —
Distribution Statistics
Finland
Min 0.5
30th Percentile 8.7
Median 11.5
70th Percentile 16.5
Max 368.3

Stora Enso Oyj
Glance View

Market Cap
8.1B EUR
Industry
Paper & Forest

Stora Enso Oyj, nestled in the heart of Helsinki, is one of the world’s leading forces in the transformation of paper and packaging sectors. With roots stretching back multiple centuries, it has weathered the storms of industrial evolution to emerge as a sustainability-fronting juggernaut. The company operates through divisions such as Packaging Solutions, Biomaterials, Wood Products, and Paper. Its diversified operations thrive on converting raw materials, primarily wood and biomass, into renewable, recyclable, and biodegradable solutions. By transforming by-products like lignin and cellulose into composite materials and bio-based chemicals, Stora Enso not only reduces waste but also diversifies its revenue streams into eco-friendly territories. A clear market player in fostering a circular economy, Stora Enso’s business model integrates forestry operations with robust research and development initiatives. This symbiotic relationship between sustainable forestry and cutting-edge innovation forms the backbone of its operations. The company's adeptness at tailoring products to meet customer needs allows it to capture market share across various sectors including consumer packaging, building solutions, and the industrial sector. Through continuous improvement and customer-centric innovation, Stora Enso ensures a steady inflow of revenue, enhancing shareholder value while contributing to an accountable environmental footprint. Its operations are a testament to successfully marrying industrial heritage with future-facing sustainability efforts, underpinning its global market relevance.

STERV Intrinsic Value
12.2 EUR
Undervaluation 16%
Intrinsic Value
Price €10.235
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