As of 2025-06-26, the Intrinsic Value of UPM-Kymmene Oyj (UPM.HE) is 21.34 EUR. This UPM.HE valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 22.56 EUR, the upside of UPM-Kymmene Oyj is -5.40%.
The range of the Intrinsic Value is 14.39 - 37.07 EUR
Based on its market price of 22.56 EUR and our intrinsic valuation, UPM-Kymmene Oyj (UPM.HE) is overvalued by 5.40%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 14.39 - 37.07 | 21.34 | -5.4% |
| DCF (Growth 10y) | 19.21 - 44.83 | 27.12 | 20.2% |
| DCF (EBITDA 5y) | 16.25 - 23.81 | 19.93 | -11.7% |
| DCF (EBITDA 10y) | 19.40 - 28.78 | 23.80 | 5.5% |
| Fair Value | 4.47 - 4.47 | 4.47 | -80.19% |
| P/E | 5.05 - 17.43 | 9.90 | -56.1% |
| EV/EBITDA | 13.65 - 22.73 | 16.97 | -24.8% |
| EPV | 35.16 - 49.42 | 42.29 | 87.5% |
| DDM - Stable | 4.48 - 12.29 | 8.39 | -62.8% |
| DDM - Multi | 21.87 - 38.37 | 27.20 | 20.6% |
| Market Cap (mil) | 11,905.81 |
| Beta | 0.99 |
| Outstanding shares (mil) | 527.74 |
| Enterprise Value (mil) | 14,993.81 |
| Market risk premium | 5.68% |
| Cost of Equity | 8.57% |
| Cost of Debt | 4.25% |
| WACC | 7.39% |