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Mondi plc (MNDI) AI Stock Analysis
Mondi plc
(LSE:MNDI)
The score is held back primarily by weakened financial quality (low margins, earnings volatility, and inconsistent free-cash-flow conversion) and bearish technical signals (below major moving averages with negative MACD). Valuation provides limited support due to a negative P/E and only a modest dividend yield.
Mondi plc (MNDI) vs. iShares MSCI United Kingdom ETF (EWC)
- Market Cap
- GBP 3.35B
- Dividend Yield
- 1.63%
- Average Volume (3M)
- 1.16M
- Price to Earnings (P/E)
- -15.4
- Beta (1Y)
- 1.16
- Revenue Growth
- 5.34%
- EPS Growth
- -241.62%
- Country
- UK
- Employees
- 22,200
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Paper, Lumber & Forest Products
Mondi plc Business Overview & Revenue Model
Company Description
Mondi plc is a global enterprise specializing in the production and distribution of packaging and paper solutions, with its headquarters located in Weybridge, UK. Established in 1967, its extensive operations reach across Africa, the Americas (North...
How the Company Makes Money
Mondi makes money primarily by manufacturing and selling packaging and paper products, earning revenue from both the production of paper/pulp inputs and the conversion of those inputs into higher-value packaging solutions. Its core revenue model is b...
Mondi plc Earnings Call Summary
The call communicates a mixed but controlled picture: management emphasised a resilient operating performance (EUR 1.0bn underlying EBITDA), strong cash generation (EUR 1.072bn), disciplined CapEx and successful integration of Schumacher with upgraded synergies, supported by productivity gains and liquidity headroom. Offsetting these positives are persistent cyclical market weakness, significant margin pressure (notably in uncoated fine paper, pulp and recycled containerboard), a material rise in net debt to EUR 2.6 billion (2.6x leverage), and short‑term losses/optimization needs at newly commissioned assets (e.g., Duino). Management’s actions on cost, CapEx discipline and plant/footprint optimization signal a proactive response, but industry overcapacity and pricing dynamics remain meaningful near‑term risks.
Q4-2025 Updates
Positive Updates
Negative Updates
Company Guidance
The management guided to a cautious, cash-focused 2026 while flagging key 2025 metrics: underlying EBITDA ~EUR 1.0bn (vs EUR 1,049m prior year), cash generated from operations EUR 1.072bn, PP&E spend EUR 673m (below prior EUR 750–850m guide), dividends paid EUR 352m and net cash after interest/tax/other of EUR 767m; year‑end net debt rose from EUR 1.7bn to EUR 2.6bn (2.6x leverage) with available liquidity ~EUR 1.3bn, no covenants and no debt maturities until 2028. For 2026 they expect cash capex ~EUR 550m (base ~EUR 500m, ~EUR 50m still to flow for growth projects), maintenance/downtime guidance ~EUR 100m (EUR 20m H1 / EUR 80m H2), input costs broadly flat in early 2026 versus 2025, cost actions (≈1,000 headcount reductions in past 12 months plus ~200 more from three plant closures and ~13% fewer group services roles) to offset labor inflation, and Schumacher acquisition synergies of EUR 32m over three years (up from EUR 22m); the Board recommends an ordinary dividend of EUR 0.2825/share, returning to a 2–3x dividend cover policy.
Mondi plc Financial Statement Overview
Summary
Revenue rebounded strongly in 2025, but profitability has weakened materially with low net margin (~2.2%) and volatile earnings (including a loss in 2023). Leverage has risen year-over-year (debt-to-equity ~0.64), and free cash flow is thin and inconsistent (negative in 2024, only modestly positive in 2025), limiting financial flexibility.
Income Statement
52NeutralBalance Sheet
61PositiveCash Flow
46Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.73B | 7.66B | 7.42B | 7.33B | 8.90B | 6.97B |
| Gross Profit | 3.02B | 3.11B | 3.08B | 2.74B | 3.43B | 2.76B |
| EBITDA | 448.23M | 908.00M | 981.00M | 946.00M | 1.66B | 1.16B |
| Net Income | -260.00M | 165.00M | 218.00M | -153.00M | 1.45B | 756.00M |
Balance Sheet | ||||||
| Total Assets | 10.05B | 10.16B | 9.34B | 9.96B | 10.85B | 9.26B |
| Cash, Cash Equivalents and Short-Term Investments | 169.92M | 296.36M | 278.00M | 1.61B | 1.07B | 473.00M |
| Total Debt | 2.81B | 2.88B | 2.02B | 2.02B | 2.07B | 2.23B |
| Total Liabilities | 5.03B | 4.95B | 3.99B | 3.87B | 4.59B | 4.37B |
| Stockholders Equity | 4.53B | 4.73B | 4.86B | 5.66B | 5.79B | 4.50B |
Cash Flow | ||||||
| Free Cash Flow | 262.33M | 213.08M | -143.00M | 465.00M | 891.00M | 624.00M |
| Operating Cash Flow | 865.01M | 923.03M | 851.00M | 1.36B | 1.45B | 1.15B |
| Investing Cash Flow | -592.15M | -1.19B | -936.00M | -482.00M | 32.00M | -670.00M |
| Financing Cash Flow | -280.07M | 295.57M | -1.23B | -541.00M | -572.00M | -372.00M |
Mondi plc Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:MNDI, the sentiment is Negative. The current price of 759.80 is below the 20-day moving average (MA) of 770.03, below the 50-day MA of 810.29, and below the 200-day MA of 803.78, indicating a bearish trend. The MACD of -13.87 indicates Negative momentum. The RSI at 42.72 is Neutral, neither overbought nor oversold. The STOCH value of 69.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:MNDI.
Mondi plc Peers Comparison
Overall Rating
GB:VSVS69Neutral
GB:CRDA66Neutral
GB:SRC66Neutral
GB:JMAT51Neutral- GB:MNDI48Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| GB:VSVS | 69Neutral | GBP 1.15B | 30.50 | 3.36% | 5.01% | 1.89% | -44.49% |
| GB:CRDA | 66Neutral | GBP 5.09B | 64.43 | 3.65% | 3.05% | 3.36% | -43.08% |
| GB:SRC | 66Neutral | GBP 1.37B | 15.35 | 10.54% | ― | 4.46% | 100.00% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| GB:JMAT | 51Neutral | GBP 2.97B | -41.89 | -4.66% | 4.49% | 7.70% | -128.58% |
| GB:MNDI | 48Neutral | GBP 3.35B | -15.42 | -5.62% | 1.63% | 5.34% | -241.62% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| GB:MNDI | Mondi plc | 759.80 | -68.42 | -8.26% | |
| GB:CRDA | Croda International | 3644.00 | 919.53 | 33.75% | |
| GB:EVR | EVRAZ plc | 81.00 | 0.00 | 0.00% | |
| GB:JMAT | Johnson Matthey (Uk) | 2388.00 | 270.54 | 12.78% | |
| GB:SRC | SigmaRoc plc | 123.30 | 10.10 | 8.92% | |
| GB:VSVS | Vesuvius plc | 470.60 | 114.51 | 32.16% |
Mondi plc Corporate Events
Silchester Doubles Mondi Stake, Now Holds Over 10% Voting Rights
PositiveMondi plc has disclosed that Silchester International Investors LLP has increased its stake in the company, crossing the 10% threshold of voting rights attached to Mondi shares. The position, representing 44,187,804 voting rights, marks a significant...
Mondi reports investor uptake in 2026 interim dividend reinvestment plans
NeutralMondi plc has reported the take-up of its Dividend Reinvestment Plans linked to the 2026 interim dividend of 9.42 euro cents per share, paid on 25 September to shareholders on its UK and South African registers. The plans allow investors to reinvest...
Mondi executives acquire shares under UK employee incentive plan
PositiveMondi plc, the London- and Johannesburg-listed packaging and paper group, continues to use UK-approved all-employee share plans to align staff and leadership with shareholder interests. Under its Share Incentive Plan, employees can buy Mondi shares v...
Mondi addresses shareholder dissent over key governance resolutions at 2026 AGM
NeutralMondi has issued an update on shareholder voting at its 2026 AGM after notable minority opposition to two governance resolutions, despite both being passed with around 78% support. The board emphasised that the authorities sought, including disapplic...
Mondi Chief People Officer Exercises Incentive Options and Sells Shares
NeutralMondi plc disclosed that Chief People Officer Marita Erler has exercised a nil-cost option under the group’s Long Term Incentive Plan, acquiring 5,281 ordinary shares of €0.22 each and subsequently selling the same number of shares off-ma...
Coronation Fund Managers Cuts Stake in Mondi Below Major Threshold
NeutralMondi plc has disclosed that Coronation Fund Managers has significantly reduced its shareholding below a major notification threshold. The South African asset manager now holds 4.78% of Mondi’s voting rights, down from 9.00%, representing 21,11...
Mondi Sets FX Rates for 2026 Interim Dividend Across Key Markets
NeutralMondi plc has confirmed the exchange rates for its 2026 interim dividend of 9.42 euro cents per ordinary share, payable on 25 September 2026. UK shareholders will receive the dividend in sterling at a conversion rate of EUR 1 to GBP 0.85898, resultin...
Mondi executives acquire shares under UK-approved employee incentive plan
PositiveMondi plc has disclosed transactions under its UK-approved Share Incentive Plan involving its top executives, further underscoring the role of equity-based compensation in its corporate culture. The plan allows UK employees, including directors, to b...
Mondi’s Senior Independent Director Sue Clark Takes New Board Role at Hill & Smith
PositiveMondi plc has announced that its Senior Independent Director, Sue Clark, will take on an additional non-executive role at Hill & Smith PLC from 2 October 2026 and will become that company’s Senior Independent Director from 1 January 2027. T...
Public Investment Corporation trims Mondi stake below 9%
NeutralSouth Africa’s Public Investment Corporation SOC Ltd has reduced its shareholding in Mondi plc, crossing a regulatory threshold after disposing of voting rights. The investor’s stake in Mondi fell from 9.811% to 8.963%, equivalent to 39,5...
Mondi CEO and CFO acquire shares under UK employee incentive plan
PositiveMondi plc, an international packaging and paper group with listings in London and Johannesburg, operates an all-employee Share Incentive Plan in the UK. Through this HM Revenue and Customs-approved scheme, employees can buy ordinary Mondi shares via...
Mondi sets currency terms for 2026 interim dividend across UK and South African registers
PositiveMondi has declared an interim dividend of 9.42 euro cents per ordinary share for the year ending 31 December 2026, payable on 25 September 2026 to shareholders on the UK main and South African branch registers as of 21 August 2026. UK shareholders wi...
Public Investment Corporation Trims Stake in Mondi Below 10% Threshold
NeutralMondi plc has disclosed that South Africa’s Public Investment Corporation SOC Ltd has reduced its holding in the group, falling below a key notification threshold. The investor’s stake in Mondi now stands at 9.811% of the company’s...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 16, 2026