Holmen AB (publ)
Research Holmen AB (publ) (HOLM-B) on Bullrun: valuation model: 26.0% undervalued, market cap SEK 48.10B, P/E 18.5, dividend yield 2.9%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerHOLM-B
- ExchangeST
- CountrySweden
- SectorBasic Materials
- IndustryPaper & Paper Products
- CurrencySEK
- Valuation signal26.0% undervalued
- Market capSEK 48.10B
- P/E18.5
- Dividend yield2.9%
- Financial periodQ1 2026
- RevenueSEK 5.47B
- Net incomeSEK 618.00M
- Free cash flowSEK 1.07B
- Gross margin47.4%
Valuation Snapshot
Bullrun's latest valuation model marks Holmen AB (publ) as 26.0% undervalued; latest market cap is SEK 48.10B; P/E is 18.5; dividend yield is 2.9%.
Peer valuation comparison
Latest P/E is 18.47x versus a Basic Materials sector median of 17.36x (6.4% above).
Latest dividend yield is 2.92% versus a Basic Materials sector median of 2.19% (33.3% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | SEK 22.62B | SEK 2.88B | n/a | 46.6% | n/a | SEK 390.00M | SEK 5.10B | SEK 55.41B |
| FY2024 | SEK 22.76B | SEK 2.86B | SEK 1.36B | 43.9% | 18 | SEK 234.00M | SEK 2.73B | SEK 57.37B |
| FY2023 | SEK 22.80B | SEK 3.70B | SEK 4.31B | 47.4% | 23 | SEK 1.20B | n/a | SEK 56.92B |
| FY2022 | SEK 23.95B | SEK 5.87B | SEK 4.26B | 56.5% | 36.3 | SEK 1.94B | n/a | SEK 56.95B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-24 | SEK 48.10B | 18.5 | 3.0% | 9.5 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 9.5 SEK, yield 2.9%.
| Year | Dividends/share |
|---|---|
| FY2024 | 11.5 SEK |
| FY2023 | 16 SEK |
| FY2022 | 11.5 SEK |
About Holmen AB (publ)
Holmen AB (publ) engages in the forest, paperboard, paper, wood products, and renewable energy businesses in Sweden and internationally. The company operates through Forest, Renewable Energy, Wood Products, and Board and Paper segments. Its Forest segment offers logs, pulpwood, and biofuel to sawmills, pulp mills, and board and paper mills. The Renewable energy segment provides renewable energy from hydro and wind power to the Nordic electricity market.
Related stock research
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Frequently asked questions
Is Holmen AB (publ) overvalued or undervalued?
Bullrun's valuation model currently marks Holmen AB (publ) as 26.0% undervalued.
What is Holmen AB (publ)'s market cap?
Holmen AB (publ)'s market capitalization is SEK 48.10B.
What is Holmen AB (publ)'s P/E ratio?
Holmen AB (publ)'s price-to-earnings (P/E) ratio is 18.5.
Does Holmen AB (publ) pay a dividend?
Holmen AB (publ) has a dividend yield of 2.9%.
What does Holmen AB (publ) do?
Holmen AB (publ) engages in the forest, paperboard, paper, wood products, and renewable energy businesses in Sweden and internationally. The company operates through Forest, Renewable Energy, Wood Products, and Board and Paper segments. Its Forest segment offers logs, pulpwood, and biofuel to sawmills, pulp mills, and board and paper mills. The Renewable energy segment provides renewable energy from hydro and wind power to the Nordic electricity market.