1. Sweden Stocks

  2. •

    Basic Materials

  3. •

    Paper, Lumber & Forest Products
Holmen AB (publ)

Holmen AB (publ)

HLMNY
Holmen AB (publ)US flagOther OTC
16.85
USD
- -
- -
5.07BMarket Cap
Holmen AB (publ)
HLMNY
(Other OTC)

Recent

price

16.85

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
52.32
55.53
53.13
48.31
47.6
47.66
46.17
48.02
47.78
51.05
50.42
60.15
73.94
71.03
71.67
70.75
71.52
Revenue per Share
2.1
11.77
5.52
2.12
2.7
1.66
4.24
4.96
6.75
26.28
6.11
9.28
18.13
11.52
9.01
9.24
8.6
Basic EPS, GAAP
-0.4
0.82
1.19
3.04
4.2
5.02
3.54
5.41
3.87
5.56
4.38
5.19
13.13
13.28
4.28
6.03
11.51
Free Cash Flow per Basic Share
1.75
1.75
2
2.25
2.25
2.5
2.63
3
3.25
3.41
1.75
5.38
5.75
8.08
5.77
6.06
5.95
Dividend per Share
49.04
58.65
62.12
62.15
62.2
61.85
63.09
65.39
68.76
88.17
94.78
98.7
111.07
112.1
114.51
115.06
- -
Book Value per Share
50.28
58.77
61.77
61.89
62.07
61.75
62.97
65.32
69.6
120.53
129.57
143.44
174.48
175.76
179.1
176.17
175.58
Tangible Book Value per Share
336
336
336
336
336
336
336
336
336
332
324
324
324
321
318
312
317
Basic Weighted Avg Shares
17,581
18,656
17,852
16,231
15,994
16,014
15,513
16,133
16,055
16,959
16,327
19,479
23,952
22,795
22,759
22,056
22,691
Sales/Revenue/Turnover
12.23
29.05
8.92
6.89
10.62
8.07
12.6
13.08
14.63
65.78
14.27
16.98
28.94
20.53
15.96
14.03
15.79
Operating Margin (%)
1,251
1,260
1,313
1,370
1,265
1,240
1,018
991
1,012
1,141
1,172
1,261
1,345
1,360
1,388
1,464
1,426
Depreciation Expense
704
3,955
1,853
711
907
559
1,424
1,668
2,268
8,731
1,979
3,004
5,874
3,697
2,861
2,879
2,728
Net Income, GAAP
49.28
25.79
- -
18.37
20.23
17.67
23.45
21.06
3.78
21.22
18.79
18.64
21.06
21.42
21.8
9.04
21.99
Effective Tax Rate (%)
4
21.2
10.38
4.38
5.67
3.49
9.18
10.34
14.13
51.48
12.12
15.42
24.52
16.22
12.57
13.05
12.02
Profit Margin (%)
943
137
-1,788
-497
-392
-196
-128
146
1,113
703
2,443
3,521
9,222
4,080
3,106
2,704
2,448
Working Capital
- -
3,259
1,689
2,715
2,400
2,200
800
500
1,000
2,171
4,075
4,073
3,058
2,060
2,632
3,605
119
LT Debt
16,913
19,773
20,813
20,854
20,969
20,853
21,243
22,035
23,453
40,111
42,516
46,992
56,950
56,923
57,370
55,405
56,195
Total Equity
6.49
18.96
- -
3.37
5.04
4.09
5.93
6.6
8.65
24.48
4.1
5.45
9.8
6.16
4.76
4.66
4.94
Return on Invested Capital (%)
4.98
19.81
- -
3.22
3.82
2.45
5.72
6.79
8.9
28.99
5.83
8.49
15.75
9.77
7.62
7.5
1,138.15
Return on Capital (%)
4.3
21.86
9.13
3.41
4.34
2.68
6.78
7.73
10.06
33.33
6.6
9.59
17.29
10.28
7.91
7.97
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
95
120
115
LT Borrowings
2,500
- -
- -
LT Finance Leases
132
124
119
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
158
157
156
Market Capitalization
75,086
73,505
64,085

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
9,999
11,987
10,247
Cash, Cash Equivalents & STI
234
1,565
324
Accounts Receivable, Net
2,823
2,975
2,822
Inventories
5,697
5,670
5,824
Total Current Liabilities
6,893
10,138
7,799
Payables & Accruals
- -
- -
- -
ST Debt
95
120
115
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.81%
5.81%
-3.43%
Free Cash Flow
15.54%
28.35%
38.16%
Net Income, GAAP
50.38%
17.66%
0.63%
Sales/Revenue/Turnover
3.65%
6.84%
-3.09%
Total Cash Common Dividend
20.84%
45.39%
3.11%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,720
5,894
5,632
5,513
22,759
2025
5,973
5,573
5,183
- -
22,056
2026
5,473
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.35
2.35
2.55
1.75
9.01
2025
2.4
1.9
1.9
- -
9.24
2026
2
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
5.78
- -
- -
5.77
2025
- -
5.96
- -
- -
6.06
2026
- -
- -
- -
- -
- -
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Business
Holmen AB (publ) (HLMNY) owns and manages forest land in Sweden and produces renewable wood products, paperboard, paper, and energy. The company refines timber from its 1.2 million hectares of productive forest land into sawn and processed wood products including construction timber, planed wood for joinery, glulam, cross-laminated timber (CLT), and customized solutions for large-scale climate-smart wood construction via subsidiary Martinsons; premium paperboard such as Invercote for packaging and graphical applications; book papers and magazine papers; logs, biofuel; and renewable electricity from hydro power and wind farms including Blåbergsliden (operational since 2022, 1.8 TWh annual capacity). Holmen operates five modern sawmills (Braviken, Iggesund, Linghem, and others), paperboard and paper mills, and energy facilities primarily in Sweden, with sales offices in the United States, Australia, and Asia targeting builders' merchants, construction firms, packaging converters, publishers, and energy-intensive industries. Founded in 1609 and headquartered in Stockholm, Sweden, Holmen maintains a circular business model emphasizing fossil-free production, biodiversity conservation, and chain-of-custody certified sustainable forestry. Recent developments include a November 2025 European Investment Bank loan of SEK 1.1 billion (EUR 100 million) to expand onshore wind power capacity in northern Sweden; an ongoing SEK 1 billion investment to increase Iggesund Sawmill capacity by 20% and ramp up glulam/CLT production; share buyback program initiated November 2025 for up to 1 million Class B shares to optimize capital structure ahead of the 2026 AGM; and a corporate PPA for renewable energy supply to support its paper and board operations.

Company News

APIChatGPT

  • seekingalpha.com

    Holmen AB (publ) (HLMNY) Q4 2025 Earnings Call Transcript

  • seekingalpha.com

    Holmen AB (publ) (HLMNY) Q3 2025 Earnings Call Transcript

  • seekingalpha.com

    Holmen AB: Lower Energy Prices Support Profit Growth

  • seekingalpha.com

    Holmen AB: Buybacks May Be A Little Too Early

  • seekingalpha.com

    Holmen: Integrated Timber And Lumber Company Manages Commodity Downturn

  • seekingalpha.com

    Holmen AB: Put Options Are Still My Favored Investment Option

  • seekingalpha.com

    Holmen AB: A Solid Swedish Forestry Business