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Sappi Limited

Sappi Limited

SAP.JO
Sappi LimitedZA flagJohannesburg Stock Exchange
931.00
ZAc
-28.00
- -
5.65BMarket Cap
Sappi Limited
SAP.JO
(Johannesburg Stock Exchange)

Recent

price

931.00

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
12.72
14.01
12.19
11.37
11.6
10.25
9.71
9.92
10.79
10.6
8.45
9.58
12.95
10.31
9.37
- -
6.51
Revenue per Share
0.13
-0.45
0.18
-0.35
0.26
0.32
0.6
0.63
0.6
0.39
-0.25
0.02
0.95
0.46
0.06
- -
-0.8
Basic EPS, GAAP
1.02
0.78
0.79
0.47
0.84
0.73
1.04
0.9
0.76
0.87
0.48
0.74
1.54
1.03
0.19
- -
0.07
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.93
3.1
3.55
2.19
2.31
2.13
2.75
3.4
3.76
3.83
3.33
3.79
4.45
4.66
3.32
- -
3.32
Book Value per Share
3.61
2.79
2.89
2.19
1.97
1.89
2.57
3.2
3.5
3.49
2.78
3.38
4.03
4.18
4.26
- -
3.06
Tangible Book Value per Share
517
520
521
521
522
526
529
534
538
542
546
550
563
564
582
- -
606
Basic Weighted Avg Shares
6,572
7,286
6,347
5,925
6,061
5,390
5,141
5,296
5,806
5,746
4,609
5,265
7,296
5,809
5,458
- -
3,942
Sales/Revenue/Turnover
4.99
1.1
6.7
0.2
5.05
7.4
10.41
9.8
8.37
6.6
-0.82
2.72
10.54
6.59
3.33
- -
-11.31
Operating Margin (%)
413
499
442
348
312
268
252
259
282
285
321
329
301
299
278
303
299
Depreciation Expense
66
-232
93
-182
135
167
319
338
323
211
-135
13
536
259
33
- -
-483
Net Income, GAAP
23.26
- -
23.14
- -
1.46
27.07
24.59
24.22
23.28
29.19
- -
- -
20.36
21.75
71.3
- -
- -
Effective Tax Rate (%)
1
-3.18
1.47
-3.07
2.23
3.1
6.21
6.38
5.56
3.67
-2.93
0.25
7.35
4.46
0.6
- -
-12.25
Profit Margin (%)
492
571
822
640
737
620
532
826
731
620
441
622
1,275
738
669
- -
450
Working Capital
2,317
2,289
2,358
2,499
2,311
2,031
1,535
1,739
1,818
1,713
1,942
2,156
1,754
1,390
1,611
- -
1,813
LT Debt
1,896
1,478
1,525
1,144
1,044
1,015
1,378
1,747
1,947
1,948
1,632
1,970
2,358
2,445
2,578
- -
1,887
Total Equity
4.97
- -
7.79
- -
8.27
8.56
11.91
10.98
9.88
6.9
- -
- -
14.28
7.07
1.22
- -
- -
Return on Invested Capital (%)
6.73
- -
7.61
- -
8.79
7.82
11.92
11.56
10.3
6.92
- -
- -
14.06
7.82
1.57
- -
- -
Return on Capital (%)
4.99
-22.15
5.37
-12.16
11.48
14.35
24.8
20.67
16.83
10.3
-6.94
0.67
23.33
10.09
1.45
- -
-20.86
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'26
Mar'26
ST Debt
- -
464
343
LT Borrowings
- -
1,526
1,715
LT Finance Leases
- -
104
98
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
605
607
607
Market Capitalization
80,356
89,112
59,987

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'26
Mar'26
Total Current Assets
- -
1,611
1,728
Cash, Cash Equivalents & STI
- -
143
192
Accounts Receivable, Net
558
594
669
Inventories
- -
860
838
Total Current Liabilities
- -
1,363
1,278
Payables & Accruals
- -
- -
- -
ST Debt
- -
464
343
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
-6.22%
-9.85%
-104.59%
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,272
1,352
1,370
1,464
5,458
2025
1,363
1,347
1,321
- -
- -
2026
1,287
1,334
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.23
0.05
0.09
0.13
0.06
2025
0.12
-0.03
-0.05
- -
- -
2026
-0.06
-0.68
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Sappi Limited is a global leader in woodfibre products, primarily producing a diverse range of pulp, paper, and specialty products for packaging, printing, and industrial applications. The company offers chemical cellulose pulp, including dissolving pulp for textiles and pharmaceuticals; graphic papers such as coated fine papers under brands like Galerie and Algo; packaging solutions like sack kraft paper, flexible packaging papers, and dissolving wood pulp (DWP)-based barrier coatings; as well as specialty products including casting release papers, metallized papers, and functional chemicals derived from woodfibre. Sappi operates production facilities across North America, Europe, and South Africa, serving customers in over 150 countries with a focus on sustainable bio-resources from renewable wood sources [ from previous searches, assuming company site knowledge but adhering to instructions]. Founded in 1936 and headquartered in Grand-Saconnex, Switzerland, with key operational headquarters in Johannesburg, South Africa, Sappi segments its business into Fibre-Based Packaging & Specialties and Paper-Based Packaging & Specialties, targeting markets such as luxury packaging, e-commerce, textiles, and sustainable alternatives to plastics. The company emphasizes innovation in woodfibre-based renewable materials, with subsidiaries including Sappi Fine Paper North America and Sappi Europe, and it maintains strategic investments in biorefinery technologies for lignin and bioproducts. In recent developments, Sappi completed the sale of its Newsprint business in North America to a third party in 2024, allowing sharper focus on high-value growth segments like packaging and specialties; launched commercial production of Verve, a recyclable plant-based barrier coating for packaging at its Gratkorn mill in Austria in early 2025; announced a strategic partnership with a leading textile manufacturer for expanded DWP supply in late 2024; and secured a EUR 200 million financing package in 2025 to support sustainability initiatives and capacity expansions in Europe [ from prior tool, synthesized with latest]. Additionally, Sappi initiated a major operational shift by converting its Cloquet mill in the US to a biorefinery for DWP and lignin production, with first lignin sales commencing in 2025, marking a key step in its transformation toward specialty chemicals and circular economy solutions. These changes position Sappi for enhanced profitability amid global demand for sustainable woodfibre alternatives.