Professional
Added to YB: 2024-08-13
Pitch date: 2024-07-01
METSB.HE [bullish]
Metsä Board Oyj
-59.57%
current return
Author Info
No bio for this author
Company Info
Metsä Board Oyj engages in the folding boxboard, fresh fibre linerboard, and market pulp businesses worldwide.
Market Cap
EUR 2.2B
Pitch Price
EUR 7.27
Price Target
N/A
Dividend
4.07%
EV/EBITDA
26.30
P/E
183.26
EV/Sales
1.41
Sector
Containers and Packaging
Category
value
Protean Funds Scandinavia AB Portfolio Holding: Metsä Board Oyj
METSB.HE: Finnish packaging producer, 51% owned by Metsäliitto Cooperative. Recent struggles (destocking, strikes, plant explosion) mask 25% capacity increase in paperboard, 1m tonne net long pulp position. Cancelled €1bn+ Koskinen project eases concerns about cooperative's interests. Normalized earnings underestimated; price momentum creates good setup.
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