Metsä Board Oyj (METSB.HE)
Espoo, FI
Metsä Board Oyj is engaged in the manufacturing of folding boxboard, fresh fiber linerboard, and market pulp. The company offers a diverse portfolio of products, including barrier boards, food service boards, and white kraft liners, alongside lightweight paperboards. These materials are utilized in packaging solutions for a broad array of industries, such as consumer goods, electronics, beauty care, tobacco, healthcare, beverages, food service, and graphical applications. With a global operational footprint, Metsä Board serves markets across Europe (including Germany, Italy, Sweden, Turkey, Finland, the United Kingdom, Russia, Spain, France, Poland, Norway, the Netherlands, and Belgium), the Middle East, North America (the United States and Canada), and Asia. Its client base includes brand owners, converters, corrugated box manufacturers, and merchants. Established in 1986, the company operated as M-real Corporation until March 2012, when it officially adopted the name Metsä Board Oyj. Its corporate headquarters are situated in Espoo, Finland.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -3.59% | -6.56% | -5.94% | -11.21% | -2.06% | -10.38% | -18.80% | -60.31% | -72.00% | -40.75% | -76.29% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 4 | 0 |
| Sell | 1 | 0 |
| Strong Sell | 1 | 0 |
-
Revenue growth Packaging & Containers: +2.6%-8.4% Q1'26: -18.1% (vs Q1'25)
-
EPS growth Packaging & Containers: +8.0%-717.1% Q1'26: -107.0% (vs Q1'25)
-
FCF margin FCF growth · Packaging & Containers: +34.6%+7.5% Q1'26: -19.2% (vs Q1'25)
-
EBIT margin Packaging & Containers: +7.0%-7.5% Q1'26: -2.2% (vs Q1'25)
-
ROIC Packaging & Containers: +6.2%-6.6% Q1'26: -2.0% (vs Q1'25)
-
Share dilution Packaging & Containers: +0.2%-0.1% Q1'26: +1.5% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Packaging & Containers: 0.83×17.53× Q1'26: 1.42× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 5 Rev. Ana. 3 EPS Ana. |
Dec 2027 6 Rev. Ana. 4 EPS Ana. |
Dec 2028 6 Rev. Ana. 4 EPS Ana. |
Dec 2029 5 Rev. Ana. 2 EPS Ana. |
Dec 2030 3 Rev. Ana. 2 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
2.01B
est: 2.02B (-0.4%)
|
1.72B
est: 1.74B (-0.9%)
|
1.85B
est: 1.85B (-0.1%)
|
1.94B
est: 1.96B (-0.6%)
|
1.93B
est: 1.92B (+0.7%)
|
1.89B
est: 1.89B (+0.0%)
|
2.08B
est: 2.09B (-0.2%)
|
2.48B
est: 2.52B (-1.5%)
|
1.94B
est: 1.90B (+2.2%)
|
1.94B
est: 1.98B (-2.2%)
|
1.78B
est: 1.80B (-1.5%)
|
1.68B
1.60B – 1.77B
-6.7% YoY
|
1.80B
1.64B – 1.94B
+6.8% YoY
|
1.88B
1.86B – 1.89B
+4.5% YoY
|
1.97B
1.84B – 2.10B
+5.1% YoY
|
1.86B
1.73B – 1.98B
-5.8% YoY
|
| EBITDA |
296.70M
est: 284.94M (+4.1%)
|
221.80M
est: 245.40M (-9.6%)
|
284.90M
est: 261.37M (+9.0%)
|
208.70M
est: 276.38M (-24.5%)
|
233.00M
est: 271.02M (-14.0%)
|
317.90M
est: 266.89M (+19.1%)
|
344.90M
est: 295.10M (+16.9%)
|
448.60M
est: 355.85M (+26.1%)
|
190.40M
est: 211.53M (-10.0%)
|
181.90M
est: 220.64M (-17.6%)
|
32.20M
est: 200.56M (-83.9%)
|
187.09M
178.44M – 196.45M
-6.7% YoY
|
199.90M
182.30M – 215.70M
+6.8% YoY
|
208.95M
207.14M – 210.76M
+4.5% YoY
|
219.67M
204.73M – 233.98M
+5.1% YoY
|
206.88M
192.80M – 220.35M
-5.8% YoY
|
| EBIT |
193.20M
est: 191.72M (+0.8%)
|
127.00M
est: 165.12M (-23.1%)
|
204.80M
est: 175.86M (+16.5%)
|
242.60M
est: 185.96M (+30.5%)
|
138.40M
est: 182.36M (-24.1%)
|
223.40M
est: 179.58M (+24.4%)
|
259.30M
est: 198.56M (+30.6%)
|
366.40M
est: 239.44M (+53.0%)
|
96.60M
est: 107.22M (-9.9%)
|
68.30M
est: 111.84M (-38.9%)
|
-133.40M
est: 101.66M (-231.2%)
|
94.83M
90.45M – 99.58M
-6.7% YoY
|
101.33M
92.40M – 109.33M
+6.8% YoY
|
105.91M
104.99M – 106.83M
+4.5% YoY
|
111.35M
103.77M – 118.60M
+5.1% YoY
|
104.86M
97.73M – 111.69M
-5.8% YoY
|
| Net Income |
137.30M
est: 124.31M (+10.4%)
|
90.40M
est: 95.00M (-4.8%)
|
150.50M
est: 134.69M (+11.7%)
|
203.40M
est: 203.70M (-0.1%)
|
144.60M
est: 146.64M (-1.4%)
|
170.10M
est: 164.30M (+3.5%)
|
292.10M
est: 307.27M (-4.9%)
|
409.90M
est: 417.10M (-1.7%)
|
94.80M
est: 11.10M (+754.1%)
|
25.30M
est: 47.87M (-47.2%)
|
-156.70M
est: -86.81M (-80.5%)
|
9.30M
3.74M – 11.23M
+110.7% YoY
|
85.40M
74.53M – 96.26M
+817.9% YoY
|
111.45M
86.71M – 113.62M
+30.5% YoY
|
124.14M
113.16M – 134.66M
+11.4% YoY
|
—
— – —
-100.0% YoY
|
| SGA |
147.90M
est: 71.27M (+107.5%)
|
78.00M
est: 61.38M (+27.1%)
|
76.40M
est: 65.37M (+16.9%)
|
139.90M
est: 69.12M (+102.4%)
|
144.20M
est: 67.78M (+112.7%)
|
128.70M
est: 66.75M (+92.8%)
|
117.90M
est: 73.81M (+59.7%)
|
129.00M
est: 89.00M (+44.9%)
|
—
est: 76.18M (-100.0%)
|
—
est: 79.46M (-100.0%)
|
163.00M
est: 72.23M (+125.7%)
|
67.38M
64.27M – 70.75M
-6.7% YoY
|
71.99M
65.65M – 77.68M
+6.8% YoY
|
75.25M
74.60M – 75.90M
+4.5% YoY
|
79.11M
73.73M – 84.27M
+5.1% YoY
|
74.51M
69.44M – 79.36M
-5.8% YoY
|
| EPS |
0.39
est: 0.35 (+11.4%)
|
0.25
est: 0.27 (-6.6%)
|
0.42
est: 0.38 (+10.7%)
|
0.57
est: 0.57 (-0.7%)
|
0.41
est: 0.41 (-0.7%)
|
0.48
est: 0.46 (+3.7%)
|
0.82
est: 0.87 (-5.3%)
|
1.15
est: 1.17 (-2.1%)
|
0.27
est: 0.03 (+705.2%)
|
0.07
est: 0.14 (-47.3%)
|
-0.44
est: -0.25 (-79.4%)
|
0.02
0.01 – 0.03
+109.3% YoY
|
0.24
0.21 – 0.27
+943.8% YoY
|
0.28
0.24 – 0.32
+19.3% YoY
|
0.35
0.32 – 0.38
+23.0% YoY
|
—
— – —
-100.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-11 | C+ | 2/5 | 3/5 | 1/5 | 1/5 | 3/5 | 1/5 | 4/5 |
| 2026-05-08 | B- | 2/5 | 3/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-05-07 | B- | 2/5 | 3/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-05-06 | B- | 2/5 | 3/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-05-05 | B- | 2/5 | 3/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-05-04 | B- | 2/5 | 3/5 | 1/5 | 1/5 | 3/5 | 1/5 | 5/5 |
| 2026-04-30 | C+ | 2/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 5/5 |
| 2026-04-29 | C+ | 2/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 5/5 |
| 2026-04-28 | C+ | 2/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 5/5 |
| 2026-04-27 | C+ | 2/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 4/5 |
| 2026-04-24 | C+ | 2/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 4/5 |
| 2026-04-23 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-22 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-21 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-20 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-17 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-16 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares MSCI Finland ETF EFNL | 0.45% | 1.11M | 0.53% |
| 2 | iShares MSCI EMU Small Cap UCITS ETF CES1.L | 0.08% | 830.0K | 0.58% |
| 3 | UBS MSCI EMU Small Cap UCITS ETF EUR dis UEFD.DE | 0.07% | 548.1K | 0.33% |
| 4 | State Street SPDR MSCI Europe Small Cap Value Weighted UCITS ETF EUR Acc ZPRX.DE | 0.05% | 397.5K | 0.30% |
| 5 | Schwab Fundamental International Small Company Index ETF FNDC | 0.04% | 1.17M | 0.39% |
| 6 | Xtrackers MSCI Europe Small Cap UCITS ETF 1C XXSC.L | 0.03% | 981.6K | 0.30% |
| 7 | iShares MSCI Europe Small-Cap ETF IEUS | 0.03% | 49.6K | 0.41% |
| 8 | Schwab International Small-Cap Equity ETF SCHC | 0.02% | 956.9K | 0.06% |
| 9 | Avantis International Small Cap Value ETF AVDV | 0.02% | 2.95M | 0.36% |
| 10 | Dimensional - International Small Cap ETF DFIS | 0.01% | 846.3K | 0.39% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Esa Antero Kaikkonen | Chief Executive Officer | 434.3K | male |
| Erja Hyrsky | Senior Vice President of Commercial Operations | 93.5K | female |
| Eeva Impio-Loimaala | General Counsel | — | — |
| Jussi Noponen | Executive Vice President of Metsä Wood | — | male |
| Katri Sundström | Vice President of Investor Relations | — | female |
| Laura Remes | Senior Vice President Production and Supply Chain | — | female |
| Anssi Tammilehto | Chief Financial Officer | — | male |
| Minna Bjorkman | Senior VP of Containerboard | — | female |
| Camilla Wikstrom | Senior Vice President of Human Resources | — | female |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for METSB.HE
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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