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UPM-Kymmene OyjHAM:RPL -0.95%57 EV-to-OCF is 13.61 as of Aug. 17, 2026, which is 23% above its 10-year median of 11.07. GuruFocus rates HAM:RPL with a GF Score™ of 57/100 and a GF Value™ of €25.30 (Fairly Valued). The stock has 5 warning signs investors should review. Among 285 Forest Products companies, UPM-Kymmene Oyj ranks worse than 67.72% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, UPM-Kymmene Oyj's Enterprise Value is €15,823 Mil.
UPM-Kymmene Oyj's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €1,163 Mil. Therefore, UPM-Kymmene Oyj's EV-to-OCF for today is 13.61.
The historical rank and industry rank for UPM-Kymmene Oyj's EV-to-OCF or its related term are showing as below:
HAM:RPL'
s EV-to-OCF Range Over the Past 10 Years
Min: -156.16 Med: 11.07 Max: 43.39
Current: 13.61
During the past 13 years, the highest EV-to-OCF of UPM-Kymmene Oyj was 43.39. The lowest was -156.16. And the median was 11.07.
HAM:RPL's EV-to-OCF is ranked worse than 67.72% of 285
companies
in the Forest Products industry
Industry Median: 7.9
vs HAM:RPL: 13.61
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
UPM-Kymmene Oyj's PE Ratio (TTM) for today is calculated as:
UPM-Kymmene Oyj's share price for today is €22.98.
UPM-Kymmene Oyj's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.190.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
UPM-Kymmene Oyj EV-to-OCF Related Terms
UPM-Kymmene Oyj EV-to-OCF Historical Data
* Premium members only.
The historical data trend for UPM-Kymmene Oyj's EV-to-OCF 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 EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, UPM-Kymmene Oyj's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where UPM-Kymmene Oyj's EV-to-OCF falls into.
UPM-Kymmene Oyj's current Enterprise Value is €15,823 Mil.
UPM-Kymmene Oyj's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,163 Mil.
* 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 (HAM:RPL) has a EV-to-OCF of 13.61 as of Aug. 17, 2026. This is 23% above median its historical median of 11.07. According to the industry distribution chart, UPM-Kymmene Oyj ranks #193 out of 285 companies in the Forest Products industry, placing it in the top 67.7%.
Is UPM-Kymmene Oyj's EV-to-OCF too high?
UPM-Kymmene Oyj's current EV-to-OCF of 13.61 is 23% above median its 10-year median of 11.07. The Forest Products industry median EV-to-OCF is 7.90. UPM-Kymmene Oyj's value of 13.61 is 72.3% above this industry median. Based on the distribution chart, UPM-Kymmene Oyj ranks #193 out of 285 companies in the Forest Products industry, which is below the industry midpoint. Overall, UPM-Kymmene Oyj has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does UPM-Kymmene Oyj's EV-to-OCF compare to SLVM?
According to the Forest Products industry distribution chart, UPM-Kymmene Oyj ranks #193 out of 285 companies for EV-to-OCF. This places UPM-Kymmene Oyj in the lower half of its industry. The industry median EV-to-OCF is 7.90. UPM-Kymmene Oyj's value of 13.61 is 72.3% above this benchmark. While the company's 10-year median is 11.07 vs. the industry median of 7.90, UPM-Kymmene Oyj has consistently been above 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 EV-to-OCF for a Forest Products company?
The median EV-to-OCF among Forest Products companies is 7.90, based on 285 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. UPM-Kymmene Oyj's current EV-to-OCF of 13.61 is 72.3% above 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Forest Products industry, the median EV-to-OCF is 7.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UPM-Kymmene Oyj's current EV-to-OCF is 13.61, which is 23% above median its own 10-year median of 11.07. 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 (HAM:RPL) is currently considered Fairly Valued. The stock's GF Value™ is €25.30, compared to a current price of €22.98 — trading 9.2% below its estimated fair value. The current EV-to-OCF is 13.61, which is 23% above median its 10-year median of 11.07 and 72.3% above the Forest Products industry median of 7.90. UPM-Kymmene Oyj's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For UPM-Kymmene Oyj (HAM:RPL), the current EV-to-OCF is 13.61 as of Aug. 17, 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 (HAM:RPL) Overvalued in 2026?
Based on GuruFocus' analysis, UPM-Kymmene Oyj stock appears to be undervalued.
The current stock price of €22.98 is trading 9.2% below its estimated GF Value™ of €25.30.
GuruFocus considers UPM-Kymmene Oyj to be Fairly Valued.
Key valuation signals for HAM:RPL:
EV-to-OCF: 13.61 (23% above median its 10-year median of 11.07)
GF Value™: €25.30 vs. price of €22.98 (9.2% below fair value)
Industry Position: 72.3% above the Forest Products median (#193 of 285)
No single metric tells the full story. See the HAM: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.
57GF Score
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