UPM-Kymmene Oyj (STU:RPL) EV-to-FCF: 19.90 (As of Jul. 14, 2026) — 52% Above Median

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STU:RPL UPM-Kymmene Oyj STU:RPL
77 GF Score
Price €23.11
GF Value €26.01
Valuation Modestly Undervalued
! 5 Warning Signs
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What is UPM-Kymmene Oyj EV-to-FCF?

UPM-Kymmene Oyj STU:RPL -0.34% 77 EV-to-FCF is 19.90 as of Jul. 14, 2026, which is 52% above its 10-year median of 13.12. GuruFocus rates STU:RPL with a GF Score™ of 77/100 and a GF Value™ of €26.01 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 144 Forest Products companies, UPM-Kymmene Oyj ranks worse than 54.17% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, UPM-Kymmene Oyj's Enterprise Value is €15,579 Mil. UPM-Kymmene Oyj's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €783 Mil. Therefore, UPM-Kymmene Oyj's EV-to-FCF for today is 19.90.

The historical rank and industry rank for UPM-Kymmene Oyj's EV-to-FCF or its related term are showing as below:

STU:RPL' s EV-to-FCF Range Over the Past 10 Years
Min: -161.86   Med: 13.12   Max: 176.03
Current: 19.85

During the past 13 years, the highest EV-to-FCF of UPM-Kymmene Oyj was 176.03. The lowest was -161.86. And the median was 13.12.

STU:RPL's EV-to-FCF is ranked worse than
54.17% of 144 companies
in the Forest Products industry
Industry Median: 15.715 vs STU:RPL: 19.85

EV-to-FCF 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.

As of today (2026-07-14), UPM-Kymmene Oyj's stock price is €23.11. UPM-Kymmene Oyj's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €1.020. Therefore, UPM-Kymmene Oyj's PE Ratio (TTM) for today is 22.66.


UPM-Kymmene Oyj  (STU:RPL) EV-to-FCF Explanation

EV-to-FCF 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:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=23.11/1.020
=22.66

UPM-Kymmene Oyj's share price for today is €23.11.
UPM-Kymmene Oyj's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.020.

* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


UPM-Kymmene Oyj EV-to-FCF Related Terms


UPM-Kymmene Oyj EV-to-FCF Historical Data

* Premium members only.

The historical data trend for UPM-Kymmene Oyj's EV-to-FCF 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.

UPM-Kymmene Oyj EV-to-FCF Chart

UPM-Kymmene Oyj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -70.73 -22.51 17.83 23.13 16.75

UPM-Kymmene Oyj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.77 20.12 19.80 16.75 22.31

STU:RPL vs SLVM: EV-to-FCF Comparison

For the Paper & Paper Products subindustry, UPM-Kymmene Oyj's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, UPM-Kymmene Oyj's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where UPM-Kymmene Oyj's EV-to-FCF falls into.


STU:RPL
77GF Score
UPM-Kymmene Oyj STU:RPL
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UPM-Kymmene Oyj EV-to-FCF Calculation

UPM-Kymmene Oyj's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=15579.464/783
=19.90

UPM-Kymmene Oyj's current Enterprise Value is €15,579 Mil.
UPM-Kymmene Oyj's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €783 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 19.90 mean?
UPM-Kymmene Oyj (STU:RPL) has a EV-to-FCF of 19.90 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on UPM-Kymmene Oyj and its competitors. This is 52% above median its historical median of 13.12. According to the industry distribution chart, UPM-Kymmene Oyj ranks #78 out of 144 companies in the Forest Products industry, placing it in the top 54.2%.
Is UPM-Kymmene Oyj's EV-to-FCF too high?
UPM-Kymmene Oyj's current EV-to-FCF of 19.90 is 52% above median its 10-year median of 13.12. The Forest Products industry median EV-to-FCF is 15.72. UPM-Kymmene Oyj's value of 19.90 is 26.6% above this industry median. Based on the distribution chart, UPM-Kymmene Oyj ranks #78 out of 144 companies in the Forest Products industry, which is below the industry midpoint. Overall, UPM-Kymmene Oyj has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does UPM-Kymmene Oyj's EV-to-FCF compare to SLVM?
According to the Forest Products industry distribution chart, UPM-Kymmene Oyj ranks #78 out of 144 companies for EV-to-FCF. This places UPM-Kymmene Oyj in the lower half of its industry. The industry median EV-to-FCF is 15.72. UPM-Kymmene Oyj's value of 19.90 is 26.6% above this benchmark. While the company's 10-year median is 13.12 vs. the industry median of 15.72, 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-FCF for a Forest Products company?
The median EV-to-FCF among Forest Products companies is 15.72, based on 144 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. UPM-Kymmene Oyj's current EV-to-FCF of 19.90 is 26.6% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on UPM-Kymmene Oyj and its competitors. For the Forest Products industry, the median EV-to-FCF is 15.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UPM-Kymmene Oyj's current EV-to-FCF is 19.90, which is 52% above median its own 10-year median of 13.12. 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 (STU:RPL) is currently considered Modestly Undervalued. The stock's GF Value™ is €26.01, compared to a current price of €23.11 — trading 11.1% below its estimated fair value. The current EV-to-FCF is 19.90, which is 52% above median its 10-year median of 13.12 and 26.6% above the Forest Products industry median of 15.72. UPM-Kymmene Oyj's overall GF Score™ is 77/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For UPM-Kymmene Oyj (STU:RPL), the current EV-to-FCF is 19.90 as of Jul. 14, 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 (STU:RPL) Overvalued in 2026?

Based on GuruFocus' analysis, UPM-Kymmene Oyj stock appears to be undervalued. The current stock price of €23.11 is trading 11.1% below its estimated GF Value™ of €26.01. GuruFocus considers UPM-Kymmene Oyj to be Modestly Undervalued.

Key valuation signals for STU:RPL:

  • EV-to-FCF: 19.90 (52% above median its 10-year median of 13.12)
  • GF Value™: €26.01 vs. price of €23.11 (11.1% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 26.6% above the Forest Products median (#78 of 144)

No single metric tells the full story. See the STU:RPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UPM-Kymmene Oyj Business Description

Address Alvar Aallon katu 1, P.O. Box 380, Helsinki, FIN, FI-00100
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.
77GF Score

Get the complete analysis for STU:RPL

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€23.11
Price
€26.01
GF Value