Dashboard
1
Poor Management Efficiency with a low ROE of 5.92%
- The company has been able to generate a Return on Equity (avg) of 5.92% signifying low profitability per unit of shareholders funds
2
Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 5.92%
3
The company has declared Negative results for the last 7 consecutive quarters
4
Consistent Underperformance against the benchmark over the last 3 years
Stock DNA
Paper, Forest & Jute Products
SEK 42,098 Million (Mid Cap)
30.00
NA
3.34%
0.10
3.56%
0.74
Revenue and Profits:
Net Sales:
5,573 Million
(Quarterly Results - Jun 2025)
Net Profit:
602 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-2.78%
0%
-2.78%
6 Months
-10.22%
0%
-10.22%
1 Year
-16.28%
0%
-16.28%
2 Years
-21.5%
0%
-21.5%
3 Years
-19.38%
0%
-19.38%
4 Years
-14.68%
0%
-14.68%
5 Years
-6.72%
0%
-6.72%
Holmen AB for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
6.59%
EBIT Growth (5y)
4.76%
EBIT to Interest (avg)
48.15
Debt to EBITDA (avg)
0.60
Net Debt to Equity (avg)
0.06
Sales to Capital Employed (avg)
0.38
Tax Ratio
22.24%
Dividend Payout Ratio
49.95%
Pledged Shares
0
Institutional Holding
0.15%
ROCE (avg)
7.25%
ROE (avg)
5.92%
Valuation key factors
Factor
Value
P/E Ratio
30
Industry P/E
Price to Book Value
1.00
EV to EBIT
24.47
EV to EBITDA
15.63
EV to Capital Employed
1.00
EV to Sales
2.72
PEG Ratio
NA
Dividend Yield
2.50%
ROCE (Latest)
4.10%
ROE (Latest)
3.38%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Shareholding Snapshot : Mar 2025
Shareholding Compare (%holding) 
Majority shareholders
Foreign Institutions
Domestic Funds
Held in 0 Schemes (0%)
Foreign Institutions
Held by 1 Foreign Institutions (0.14%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ
Jun'25
Mar'25
Change(%)
Net Sales
5,573.00
5,973.00
-6.70%
Operating Profit (PBDIT) excl Other Income
917.00
1,108.00
-17.24%
Interest
35.00
27.00
29.63%
Exceptional Items
260.00
238.00
9.24%
Consolidate Net Profit
602.00
752.00
-19.95%
Operating Profit Margin (Excl OI)
98.20%
125.20%
-2.70%
USD in Million.
Net Sales
QoQ Growth in quarter ended Jun 2025 is -6.70% vs 8.34% in Mar 2025
Consolidated Net Profit
QoQ Growth in quarter ended Jun 2025 is -19.95% vs 34.77% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
22,759.00
22,795.00
-0.16%
Operating Profit (PBDIT) excl Other Income
2,850.00
1,845.00
54.47%
Interest
101.00
100.00
1.00%
Exceptional Items
869.00
586.00
48.29%
Consolidate Net Profit
2,861.00
3,697.00
-22.61%
Operating Profit Margin (Excl OI)
64.20%
21.30%
4.29%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -0.16% vs -4.83% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -22.61% vs -37.06% in Dec 2023
About Holmen AB 
Holmen AB
Paper, Forest & Jute Products
Holmen AB is a Sweden-based company active primarily within the paper products sector. The Company is engaged in the manufacture of printing paper, paperboard and sawn timber and conducting forestry and energy production operations. The Company’s operations are divided into five business areas. The Holmen Paper business area manufactures magazine and book paper, white and colored newsprint, and telephone directory paper at two mills in Sweden and one in Spain. The Iggesund Paperboard business area produces solid bleached board (SBB) and folding boxboard (FBB) for consumer packaging and graphics printing at one mill in Sweden and one in the United Kingdom. The Holmen Timber business area produces pine joinery timber and spruce construction timber at two Swedish sawmills. The Holmen Skog business area is responsible for the Company’s forests and wood supply. The Holmen Energi business area is in charge of the Company’s hydro and wind power operations.
Company Coordinates 
Company Details
Strandvagen 1 , STOCKHOLM NY : 114 51
Registrar Details






