Added to YB: 2026-09-03
Pitch date: 2026-08-31
IBG.MC [neutral]
Iberpapel Gestión, S.A.
-0.83%
current return
Author Info
XIX Value looks for cheap, overlooked, and unpopular stocks, preferably those trading below their Book Value or that are “net-nets”, just as Walter Schloss and the young Warren Buffett did. Sign up for the newsletter.
Company Info
Iberpapel Gestión, S.A., together with its subsidiaries, engages in the manufacture and sells paper products in Spain, rest of the European Union, South America, Africa, and internationally.
Market Cap
EUR 195.6M
Pitch Price
EUR 18.05
Price Target
N/A
Dividend
1.00%
EV/EBITDA
29.21
P/E
2.5K
EV/Sales
0.38
Sector
Paper and Forest Products
Category
value
Unloved Paper Stock Trading at 0.61x Book Value - $IBG.MC
IBG.MC (watchlist): Kept on the watchlist rather than bought, Iberpapel trades at 0.61x book and roughly 4x normalized operating profit, with €114.7M of net cash equal to 57% of market value. H1 2026 EBITDA fell 78%, although a €7.4M accounting reversal drove much of the reported loss and operating cash flow rose to €11.6M. The unresolved question is whether industry weakness is cyclical or reflects print’s structural decline.
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