UPM-Kymmene Oyj (UPM.HE)
Helsinki, FI
UPM-Kymmene Oyj, established in 1871 and headquartered in Helsinki, Finland, is a global player in the forest-based bioindustry. The company organizes its diverse operations across several key segments, including UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and other business areas. UPM is a significant producer of wood-derived materials, supplying softwood, birch, and eucalyptus pulp used in the creation of tissue, specialty, graphic papers, and packaging. It also provides sawn timber for various applications in joinery, packaging, furniture, planning, and construction. Beyond traditional timber products, the company innovates in sustainable fuels, producing wood-based renewable diesel and naphtha for the petrochemical sector, and generates electricity from its hydro and nuclear power plants. In the realm of paper and labeling, UPM offers self-adhesive label materials crucial for branding, promotion, and functional labeling across diverse industries such as food, beverage, personal care, pharmaceuticals, and logistics. Its product range also includes label papers, release base papers, office papers, and flexible packaging for printing, packing, and commercial siliconizing, alongside graphic papers tailored for advertising, publishing, and home/office use. Furthermore, UPM is a leading supplier of plywood and veneer products, which are vital for construction, vehicle flooring, liquefied natural gas (LNG) shipbuilding, parquet manufacturing, and various other industrial applications. The company also extends its expertise through forestry services, providing wood and biomass to forest investors and owners. Its innovative offerings encompass wood-based lignin for industrial applications, cell hydrogels for 3D cell culturing, UPM ProFi decking products, UPM formi granules, and a range of biomedical products. UPM maintains an expansive international presence, conducting operations across Europe, North America, Asia, and other global markets.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.47% | -2.70% | -5.52% | -9.26% | +3.45% | +0.16% | +0.56% | -14.70% | -22.95% | +52.88% | +19.34% |
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 | 1 | 0 |
| Buy | 5 | 0 |
| Hold | 5 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 3 | 0 |
-
Revenue growth Paper, Lumber & Forest Products: +0.4%-6.6% Q1'26: -5.3% (vs Q1'25)
-
EPS growth Paper, Lumber & Forest Products: -12.0%+11.0% ★ Q1'26: +42.3% (vs Q1'25)
-
FCF margin FCF growth · Paper, Lumber & Forest Products: +37.3%+10.9% ★ Q1'26: +0.3% (vs Q1'25)
-
EBIT margin Paper, Lumber & Forest Products: +5.4%+8.2% ★ Q1'26: +10.1% (vs Q1'25)
-
ROIC Paper, Lumber & Forest Products: +2.9%+4.2% ★ Q1'26: +6.3% (vs Q1'25)
-
Share dilution Paper, Lumber & Forest Products: +0.0%-0.9% ★ Q1'26: +1.6% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Paper, Lumber & Forest Products: 0.66×2.74× Q1'26: 2.48× (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 12 Rev. Ana. 10 EPS Ana. |
Dec 2027 13 Rev. Ana. 10 EPS Ana. |
Dec 2028 11 Rev. Ana. 6 EPS Ana. |
Dec 2029 5 Rev. Ana. 4 EPS Ana. |
Dec 2030 5 Rev. Ana. 2 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
10.14B
est: 10.10B (+0.4%)
|
9.81B
est: 9.84B (-0.3%)
|
10.01B
est: 9.98B (+0.3%)
|
10.48B
est: 10.45B (+0.3%)
|
10.24B
est: 10.30B (-0.6%)
|
8.58B
est: 8.55B (+0.4%)
|
9.81B
est: 9.70B (+1.2%)
|
11.72B
est: 11.99B (-2.3%)
|
10.46B
est: 10.30B (+1.5%)
|
10.34B
est: 10.33B (+0.1%)
|
9.66B
est: 9.74B (-0.9%)
|
9.86B
9.58B – 10.43B
+1.1% YoY
|
10.08B
9.34B – 10.92B
+2.3% YoY
|
10.12B
10.01B – 10.23B
+0.4% YoY
|
9.79B
9.29B – 10.48B
-3.3% YoY
|
8.72B
8.28B – 9.34B
-10.9% YoY
|
| EBITDA |
1.74B
est: 1.59B (+9.9%)
|
1.69B
est: 1.55B (+9.3%)
|
1.73B
est: 1.57B (+10.3%)
|
2.34B
est: 1.64B (+42.4%)
|
1.84B
est: 1.62B (+13.5%)
|
1.26B
est: 1.34B (-6.4%)
|
2.06B
est: 1.52B (+34.9%)
|
2.51B
est: 1.88B (+33.0%)
|
1.08B
est: 1.61B (-33.0%)
|
1.16B
est: 1.62B (-28.1%)
|
1.39B
est: 1.53B (-9.1%)
|
1.54B
1.50B – 1.63B
+1.1% YoY
|
1.58B
1.46B – 1.71B
+2.3% YoY
|
1.58B
1.57B – 1.60B
+0.4% YoY
|
1.53B
1.45B – 1.64B
-3.3% YoY
|
1.37B
1.30B – 1.46B
-10.9% YoY
|
| EBIT |
1.20B
est: 1.09B (+10.2%)
|
1.19B
est: 1.06B (+12.1%)
|
1.28B
est: 1.07B (+19.6%)
|
1.88B
est: 1.12B (+67.6%)
|
1.36B
est: 1.11B (+22.8%)
|
786.00M
est: 918.68M (-14.4%)
|
1.59B
est: 1.04B (+52.7%)
|
2.05B
est: 1.29B (+58.9%)
|
544.00M
est: 1.09B (-50.0%)
|
587.00M
est: 1.09B (-46.2%)
|
793.00M
est: 1.03B (-22.9%)
|
1.04B
1.01B – 1.10B
+1.1% YoY
|
1.06B
986.77M – 1.15B
+2.3% YoY
|
1.07B
1.06B – 1.08B
+0.4% YoY
|
1.03B
980.86M – 1.11B
-3.3% YoY
|
921.41M
874.42M – 986.53M
-10.9% YoY
|
| Net Income |
916.00M
est: 893.70M (+2.5%)
|
879.00M
est: 862.85M (+1.9%)
|
973.00M
est: 947.34M (+2.7%)
|
1.50B
est: 1.18B (+26.6%)
|
1.06B
est: 1.09B (-2.3%)
|
560.00M
est: 698.57M (-19.8%)
|
1.29B
est: 1.15B (+12.3%)
|
1.53B
est: 1.64B (-7.1%)
|
388.00M
est: 432.00M (-10.2%)
|
436.00M
est: 859.75M (-49.3%)
|
480.00M
est: 643.63M (-25.4%)
|
848.49M
663.27M – 1.05B
+31.8% YoY
|
1.05B
764.81M – 1.29B
+23.4% YoY
|
1.12B
868.52M – 1.35B
+6.5% YoY
|
1.21B
1.13B – 1.32B
+8.5% YoY
|
1.06B
987.03M – 1.15B
-12.7% YoY
|
| SGA |
1.31B
est: 1.14B (+14.4%)
|
790.00M
est: 1.11B (-29.0%)
|
888.00M
est: 1.13B (-21.4%)
|
891.00M
est: 1.18B (-24.6%)
|
802.00M
est: 1.17B (-31.2%)
|
781.00M
est: 967.03M (-19.2%)
|
894.00M
est: 1.10B (-18.6%)
|
1.00B
est: 1.36B (-26.2%)
|
1.02B
est: 978.20M (+4.7%)
|
2.07B
est: 980.64M (+111.3%)
|
—
est: 925.28M (-100.0%)
|
935.92M
909.77M – 990.10M
+1.1% YoY
|
957.40M
887.26M – 1.04B
+2.3% YoY
|
961.13M
950.78M – 971.48M
+0.4% YoY
|
929.34M
881.95M – 995.02M
-3.3% YoY
|
828.49M
786.24M – 887.05M
-10.9% YoY
|
| EPS |
1.72
est: 1.68 (+2.6%)
|
1.65
est: 1.62 (+2.0%)
|
1.82
est: 1.78 (+2.5%)
|
2.80
est: 2.21 (+26.4%)
|
1.99
est: 2.04 (-2.3%)
|
1.05
est: 1.31 (-19.8%)
|
2.41
est: 2.15 (+12.2%)
|
2.86
est: 3.08 (-7.1%)
|
0.73
est: 0.81 (-9.9%)
|
0.82
est: 1.61 (-48.9%)
|
0.91
est: 1.20 (-24.3%)
|
1.58
1.25 – 1.99
+31.2% YoY
|
2.04
1.45 – 2.45
+29.1% YoY
|
2.13
1.64 – 2.56
+4.9% YoY
|
2.29
2.14 – 2.50
+7.3% YoY
|
2.00
1.87 – 2.18
-12.7% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-11 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-05-08 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-05-07 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-05-06 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-05-05 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-05-04 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-30 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-04-29 | B+ | 3/5 | 5/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-28 | B+ | 3/5 | 5/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-27 | B+ | 3/5 | 5/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-24 | B+ | 3/5 | 5/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-23 | B+ | 3/5 | 5/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-22 | B+ | 3/5 | 5/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-21 | B+ | 3/5 | 5/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-20 | B+ | 3/5 | 5/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-17 | B+ | 3/5 | 5/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-16 | B+ | 3/5 | 5/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-15 | B+ | 3/5 | 5/5 | 3/5 | 5/5 | 1/5 | 2/5 | 3/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
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 |
|---|---|---|---|
| Massimo Reynaudo | President & Chief Executive Officer | 1M | male |
| Harald Dialer | Executive Vice President & Chief Technology Officer | — | male |
| Juha Makela | Senior Adviser | — | male |
| Kari Stahlberg | Executive Vice President of Strategy | — | male |
| Kenneth Raman | Senior Vice President of Treasury & Risk Management | — | male |
| Mika Mikkola | Vice President of Investor Relations | — | male |
| Riitta Savonlahti | Executive Vice President of Human Resources | — | female |
| Saara Tahvanainen | Executive Vice President of Marketing, Sustainability & Communications | — | female |
| Sami Pauni | Executive VP, General Counsel | — | male |
| Anu Ahola | Senior Vice President of SBU Newspaper Publishing for UPM Paper Europe & North America | — | female |
| Tapio Juhani Korpeinen | Chief Financial Officer & Executive Vice President of UPM Energy | — | male |
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 UPM.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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