The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

HOLM-B.ST

Concerning the House

Holmen AB (publ) engages in the forest, paperboard, paper, wood products, and renewable energy businesses in Sweden and internationally. The company operates through Forest, Renewable Energy, Wood Products, and Board and Paper segments. Its Forest segment offers logs, pulpwood, and biofuel to sawmills, pulp mills, and board and paper mills. The Renewable energy segment provides renewable energy from hydro and wind power to the Nordic electricity market. Its Wood Products segment provides construction and joinery timber; CLT and glulam; and plus wood for pallets and packaging to construction, joinery, and packaging industries, as well as builders' merchants. The Board and Paper segment offers paperboards for consumer packaging and paper products for books, magazines, advertising, and transport packaging to brand owners, converters, wholesalers, publishers, printers, and retailers. The company was founded in 1609 and is headquartered in Stockholm, Sweden.

Sweden · www.holmen.com

The Ledger
LineMar 2025Jun 2025Dec 2025Mar 2026
Revenue$5.97B$5.57B$5.18B$5.47B
Gross profit$2.85B$2.93B$2.43B$2.60B
Operating income$986.00M$807.00M$734.00M$827.00M
Net income$752.00M$602.00M$581.00M$618.00M
Diluted EPS4.803.803.804.00
Free cash flow$606.00M$1.24B$1.26B$1.06B
Quotation

$322.00

-1.20 (-0.4%)

52w hi$368.54
52w lo$298.00
Vol110.48K
As ofAug 13
The Verdict

Hold

Our score -0.26

Short+0.01
Medium-0.34
Long-0.62

computed 2026-08-13

By the Numbers

Holmen AB (publ)

Basic Materials · Paper & Paper Products

Market cap$49.41B
Enterprise value$54.06B
Trailing P/E18.18x
Forward P/E15.44x
EV / EBITDA15.62x
P / S (ttm)2.17x
Profit margin12.3%
Return on equity4.9%
Revenue growth-8.4%
Earnings growth-16.7%
Debt / equity11.11
Risk Metrics
Beta vs SPX0.13
Corr SPX0.10
Annual vol20.7%
Annual ret-9.9%
Sharpe-0.48
Max DD-32.5%

Window: 504 trading days (490 obs)

Layer Breakdown
LayerRawContribution
Fundamental-0.00
Sector+0.03
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$323.20$324.60$322.00$322.00110.48K
Aug 12$323.80$325.20$321.00$323.20102.24K
Aug 11$325.20$327.00$322.00$323.80124.10K
Aug 10$329.60$330.20$327.60$328.20135.88K
Aug 7$328.00$330.40$325.40$329.00124.12K