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UPM-Kymmene OyjXTER:RPL +2.68%78 Debt-to-Equity is 0.39 as of Jun. 2026, which is 39% above its 10-year median of 0.28. GuruFocus rates XTER:RPL with a GF Score™ of 78/100 and a GF Value™ of €25.63 (Fairly Valued). The stock has 5 warning signs investors should review. Among 257 Forest Products companies, UPM-Kymmene Oyj ranks better than 57.98% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for UPM-Kymmene Oyj's Debt-to-Equity or its related term are showing as below:
XTER:RPL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.28 Max: 0.48
Current: 0.37
During the past 13 years, the highest Debt-to-Equity Ratio of UPM-Kymmene Oyj was 0.48. The lowest was 0.08. And the median was 0.28.
XTER:RPL's Debt-to-Equity is ranked better than 57.98% of 257
companies
in the Forest Products industry
Industry Median: 0.48
vs XTER:RPL: 0.37
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
UPM-Kymmene Oyj Debt-to-Equity Related Terms
UPM-Kymmene Oyj Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for UPM-Kymmene Oyj's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Paper & Paper Products subindustry, UPM-Kymmene Oyj's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
UPM-Kymmene Oyj Debt-to-Equity vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, UPM-Kymmene Oyj's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where UPM-Kymmene Oyj's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
UPM-Kymmene Oyj (XTER:RPL) has a Debt-to-Equity of 0.39 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on UPM-Kymmene Oyj and its competitors. This is 39% above median its historical median of 0.28. Over the past decade, UPM-Kymmene Oyj's Debt-to-Equity has ranged from 0.08 to 0.48. According to the industry distribution chart, UPM-Kymmene Oyj ranks #108 out of 257 companies in the Forest Products industry, placing it in the top 42%.
Is UPM-Kymmene Oyj's Debt-to-Equity too high?
UPM-Kymmene Oyj's current Debt-to-Equity of 0.39 is 39% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.48. The Forest Products industry median Debt-to-Equity is 0.48. UPM-Kymmene Oyj's value of 0.39 is 18.8% below this industry median. Based on the distribution chart, UPM-Kymmene Oyj ranks #108 out of 257 companies in the Forest Products industry, which is above the industry midpoint. Overall, UPM-Kymmene Oyj has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does UPM-Kymmene Oyj's Debt-to-Equity compare to SLVM?
According to the Forest Products industry distribution chart, UPM-Kymmene Oyj ranks #108 out of 257 companies for Debt-to-Equity. This puts UPM-Kymmene Oyj in the upper half of its industry. The industry median Debt-to-Equity is 0.48. UPM-Kymmene Oyj's value of 0.39 is 18.8% below this benchmark. Historically, UPM-Kymmene Oyj's own Debt-to-Equity has ranged from 0.08 to 0.48 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.48, UPM-Kymmene Oyj has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Forest Products company?
The median Debt-to-Equity among Forest Products companies is 0.48, based on 257 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. UPM-Kymmene Oyj's current Debt-to-Equity of 0.39 is 18.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on UPM-Kymmene Oyj and its competitors. For the Forest Products industry, the median Debt-to-Equity is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UPM-Kymmene Oyj's current Debt-to-Equity is 0.39, which is 39% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UPM-Kymmene Oyj stock overvalued right now?
Based on GuruFocus' analysis, UPM-Kymmene Oyj (XTER:RPL) is currently considered Fairly Valued. The stock's GF Value™ is €25.63, compared to a current price of €24.10 — trading 6% below its estimated fair value. The current Debt-to-Equity is 0.39, which is 39% above median its 10-year median of 0.28 and 18.8% below the Forest Products industry median of 0.48. UPM-Kymmene Oyj's overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For UPM-Kymmene Oyj (XTER:RPL), the current Debt-to-Equity is 0.39 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is UPM-Kymmene Oyj (XTER:RPL) Overvalued in 2026?
Based on GuruFocus' analysis, UPM-Kymmene Oyj stock appears to be undervalued.
The current stock price of €24.10 is trading 6% below its estimated GF Value™ of €25.63.
GuruFocus considers UPM-Kymmene Oyj to be Fairly Valued.
Key valuation signals for XTER:RPL:
Debt-to-Equity: 0.39 (39% above median its 10-year median of 0.28)
GF Value™: €25.63 vs. price of €24.10 (6% below fair value)
Industry Position: 18.8% below the Forest Products median (#108 of 257)
No single metric tells the full story. See the XTER:RPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
UPM-Kymmene Oyj is a Finnish paper and biomaterials company. The company produces products related to the forestry industry, including paper, pulp, and plywood. UPM is also the majority electricity generator in Finland and is one of the globalised producers of self-adhesive labeling materials. It delivers responsible solutions and innovation for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, and UPM Plywood. Geographically, the company has operational footprints in Sweden, Finland, the Netherlands, and other regions.
78GF Score
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