Want to see SE:BILL full AI Analyst Report?
Top Page
BillerudKorsnas AB
(BILL)
Select Model
Select Model
Rating:61Neutral
Price Target:
kr90.00
▲(16.28% Upside)
Action:Reiterated
Date:10/23/26
The score is held back primarily by weakened financial performance—near-breakeven profitability and sharply reduced free cash flow—despite strong revenue growth. Support comes from a resilient balance sheet with moderate leverage and positive (though reduced) cash generation. Technicals are a positive contributor with the price above key moving averages and positive MACD, while valuation is constrained by a negative P/E and only a moderate dividend yield.
Positive Factors
Moderate Leverage
Moderate leverage provides financial resilience and preserves flexibility for operating needs, investment, and downturn management. Debt-to-equity has remained broadly stable, while the equity base is substantial relative to debt, reducing balance-sheet strain despite weak current earnings.
Negative Factors
Near-Breakeven Profitability
Weak profitability reduces the company’s ability to convert substantial sales into earnings and limits internal funding capacity. The shift from meaningfully higher prior-year margins to near-breakeven results indicates that pricing, costs, or other expenses are weighing on durable earnings power.
Read all positive and negative factors
Positive Factors
Negative Factors
Moderate Leverage
Moderate leverage provides financial resilience and preserves flexibility for operating needs, investment, and downturn management. Debt-to-equity has remained broadly stable, while the equity base is substantial relative to debt, reducing balance-sheet strain despite weak current earnings.
Read all positive factors
BillerudKorsnas AB (BILL) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr21.56B
Dividend Yield2.31%
Average Volume (3M)461.72K
Price to Earnings (P/E)93.2
Beta (1Y)0.84
Revenue Growth-9.00%
EPS Growth-80.79%
CountrySE
Employees5,522
SectorGeneral
Sector StrengthN/A
IndustryPaper, Lumber & Forest Products
Share Statistics
EPS (TTM)0.93
Shares Outstanding249,611,420
10 Day Avg. Volume368,115
30 Day Avg. Volume461,721
Financial Highlights & Ratios
PEG Ratio-0.55
Price to Book (P/B)0.84
Price to Sales (P/S)0.58
P/FCF Ratio43.73
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr94.33Price Target Upside21.88% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)1.24
Revenue Forecast (FY)kr39.91B
BillerudKorsnas AB Business Overview & Revenue Model
Company Description
BillerudKorsnäs AB (publ), a company founded in 1926 and headquartered in Solna, Sweden, specializes in delivering fiber-based packaging materials and comprehensive solutions across Sweden and international markets. The firm organizes its operatio...
How the Company Makes Money
BillerudKorsnäs makes money primarily by manufacturing and selling fiber-based packaging materials and related paper products to brand owners, converters, and industrial customers. Revenue is generated from the sale of paperboard and paper grades ...
BillerudKorsnas AB Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
71
Positive
Cash Flow
56
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 38.89B | 40.49B | 43.45B | 41.30B | 42.59B | 26.21B |
| Gross Profit | 13.09B | 19.47B | 21.21B | 18.95B | 23.16B | 13.36B |
| EBITDA | 2.79B | 3.92B | 4.82B | 3.33B | 8.51B | 3.88B |
| Net Income | 233.00M | 711.00M | 1.75B | 484.00M | 4.59B | 1.49B |
Balance Sheet | ||||||
| Total Assets | 48.92B | 47.39B | 50.23B | 47.93B | 51.41B | 37.98B |
| Cash, Cash Equivalents and Short-Term Investments | 1.39B | 1.28B | 2.56B | 2.30B | 2.05B | 3.56B |
| Total Debt | 7.41B | 7.39B | 7.97B | 7.58B | 5.43B | 6.73B |
| Total Liabilities | 20.76B | 19.65B | 21.29B | 20.98B | 22.16B | 17.94B |
| Stockholders Equity | 28.16B | 27.74B | 28.98B | 26.95B | 29.25B | 20.04B |
Cash Flow | ||||||
| Free Cash Flow | 293.00M | 534.00M | 593.00M | 113.00M | 3.50B | 2.37B |
| Operating Cash Flow | 2.63B | 3.19B | 3.03B | 3.29B | 6.83B | 3.89B |
| Investing Cash Flow | -2.43B | -2.64B | -2.41B | -3.13B | -9.42B | -1.50B |
| Financing Cash Flow | -573.00M | -1.62B | -545.00M | 154.00M | 895.00M | -1.90B |
BillerudKorsnas AB Technical Analysis
Positive
77.40
Price Trends
81.11
Positive
74.49
Positive
73.55
Positive
Market Momentum
1.33
Negative
66.65
Neutral
80.64
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BILL, the sentiment is Positive. The current price of 77.4 is below the 20-day moving average (MA) of 82.39, below the 50-day MA of 81.11, and above the 200-day MA of 73.55, indicating a bullish trend. The MACD of 1.33 indicates Negative momentum. The RSI at 66.65 is Neutral, neither overbought nor oversold. The STOCH value of 80.64 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:BILL.
BillerudKorsnas AB Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | kr45.92B | 22.10 | ― | 3.11% | -5.15% | -24.57% | |
62 Neutral | kr87.48B | 40.39 | 2.14% | 2.41% | -3.07% | -38.98% | |
61 Neutral | kr21.56B | 93.23 | 0.84% | 2.31% | -9.00% | -80.79% | |
60 Neutral | kr45.92B | 22.10 | 3.83% | 3.14% | -5.15% | -24.57% | |
60 Neutral | kr87.48B | 40.39 | 2.14% | 2.42% | -3.07% | -38.98% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
43 Neutral | kr650.15M | -2.35 | -18.41% | 14.38% | -10.40% | 38.81% |
* General Sector Average
SE:BILL
BillerudKorsnas AB
86.70
-0.46
-0.52%
SE:HOLM.A
Holmen AB
303.00
-39.08
-11.42%
SE:SCA.B
Svenska Cellulosa SCA AB
124.60
2.06
1.68%
SE:HOLM.B
Holmen AB
305.40
-38.84
-11.28%
SE:RROS
Rottneros AB
2.44
-0.59
-19.50%
SE:SCA.A
Svenska Cellulosa Aktiebolaget Class A
124.00
1.46
1.19%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.