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Huhtamaki Oyj
OTC:HOYFF

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Huhtamaki Oyj
OTC:HOYFF
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Price: 34.69 USD Market Closed
Market Cap: $3.6B

EV/IC

1.2
Current
2%
Cheaper
vs 3-y average of 1.3

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.2
=
Enterprise Value
$4.4B
/
Invested Capital
€3.4B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.2
=
Enterprise Value
$4.4B
/
Invested Capital
€3.4B

Valuation Scenarios

Huhtamaki Oyj is trading below its 3-year average

If EV/IC returns to its 3-Year Average (1.3), the stock would be worth $35.27 (2% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-3%
Maximum Upside
+13%
Average Upside
4%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.2 $34.69
0%
3-Year Average 1.3 $35.27
+2%
5-Year Average 1.3 $36.1
+4%
Industry Average 1.2 $33.74
-3%
Country Average 1.4 $39.14
+13%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
FI
Huhtamaki Oyj
OTC:HOYFF
2.9B USD 1.2 14.9
US
Westrock Co
LSE:0LW9
1.3T USD 55.7 4 402.6
US
Packaging Corp of America
NYSE:PKG
19.5B USD 2.4 26.4
UK
Amcor PLC
NYSE:AMCR
17.4B USD 0.9 29.3
US
International Paper Co
NYSE:IP
16.8B USD 0.7 -4.8
US
Avery Dennison Corp
NYSE:AVY
12.5B USD 2.1 18.2
UK
DS Smith PLC
LSE:SMDS
8B GBP 1.4 20.9
IE
Smurfit Kappa Group PLC
F:SK3
8.3B EUR 1.2 10.9
US
Sealed Air Corp
NYSE:SEE
6.2B USD 1.6 12.3
CH
SIG Group AG
SIX:SIGN
4.8B CHF 1.2 -59.1
CN
ShenZhen YUTO Packaging Technology Co Ltd
SZSE:002831
34.8B CNY 2.5 23.8
P/E Multiple
Earnings Growth PEG
FI
H
Huhtamaki Oyj
OTC:HOYFF
Average P/E: 506.6
14.9
18%
0.8
US
W
Westrock Co
LSE:0LW9
4 402.6
N/A N/A
US
Packaging Corp of America
NYSE:PKG
26.4
16%
1.7
UK
Amcor PLC
NYSE:AMCR
29.3
64%
0.5
US
International Paper Co
NYSE:IP
Negative Multiple: -4.8 N/A N/A
US
Avery Dennison Corp
NYSE:AVY
18.2
12%
1.5
UK
DS Smith PLC
LSE:SMDS
20.9
7%
3
IE
S
Smurfit Kappa Group PLC
F:SK3
10.9
13%
0.8
US
Sealed Air Corp
NYSE:SEE
12.3
N/A N/A
CH
SIG Group AG
SIX:SIGN
Negative Multiple: -59.1 N/A N/A
CN
S
ShenZhen YUTO Packaging Technology Co Ltd
SZSE:002831
23.8
15%
1.6

Market Distribution

In line with most companies in Finland
Percentile
51th
Based on 489 companies
51th percentile
1.4
Low
0 — 1
Typical Range
1 — 2.1
High
2.1 —
Distribution Statistics
Finland
Min 0
30th Percentile 1
Median 1.4
70th Percentile 2.1
Max 11.4

Huhtamaki Oyj
Glance View

Market Cap
3.6B USD
Industry
Packaging

In the heart of Finland lies Huhtamaki Oyj, a company that has unwrapped the potential of packaging innovation since its founding in 1920. Originally a confectionery manufacturer, Huhtamaki pivoted over the decades into becoming a global powerhouse in the food packaging industry. This evolution was driven by a keen eye for sustainable development and consumer trends, particularly in the realm of environmentally conscious solutions. Today, the company operates across more than 30 countries, where it funnels creativity and technology into crafting flexible and sustainable packaging options. These range from fiber-based packaging to flexible packaging and food service essentials, such as cups, plates, and containers, all meticulously designed to ensure the safe delivery of food products while minimizing environmental impact. Huhtamaki’s financial engine runs on a well-oiled B2B model. By serving large multinational food and beverage brands, Huhtamaki leverages economies of scale to manufacture and supply billions of packaging units each year. Their revenues are predominantly generated through long-term contracts and partnerships with these major corporations, allowing them to not only secure consistent income but also invest in research and development. This continuous investment enables them to stay at the forefront of sustainable packaging technology, consistently appealing to companies looking to improve their environmental footprint. Innovation, paired with an adept understanding of consumer and regulatory demands for sustainability, positions Huhtamaki as a front-runner in the global shift towards eco-friendly packaging solutions, a shift that is not just a trend but an enduring transformation in industry standards.

HOYFF Intrinsic Value
44.42 USD
Undervaluation 22%
Intrinsic Value
Price $34.69
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