Huhtamäki

26.78 EUR

-1.76 %

13,505 following

HUH1V

NASDAQ Helsinki

Paper & Forest Products

Basic Materials

-1.76 %
-3.67 %
-10.73 %
-9.95 %
-9.28 %
-19.48 %
-20.20 %
-32.76 %
+197.62 %

Huhtamäki is a manufacturing company. The company conducts operations in the packaging industry. The company's packaging is used for food products and includes fiber packaging, cartons, copper and other containers. The products are mainly delivered to customers in the food industry on a global level, mainly in Europe, South America and Asia. The company's head office is located in Espoo, Finland.

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Market cap
2.89B EUR
Turnover
12.48M EUR
P/E (adj.) (26e)
10.95
EV/EBIT (adj.) (26e)
9.55
P/B (26e)
1.43
EV/S (26e)
0.96
Dividend yield-% (26e)
4.33 %
Coverage
Recommendation
Buy
Target price
36.00 EUR
Updated
22.04.2026
Antti Viljakainen
Antti Viljakainen

Head of Research

Latest research

Latest analysis report

Released: 22.04.2026

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
29.4
2026

General meeting '26

29.4
2026

Interim report Q1'26

30.4
2026

Half year dividend

Risk
Business risk
Valuation risk
Low
High
ShowingAll content types
Huhtamäki Q1'26 preview: Årets indtjeningsvækst er ved at glide ud af hænderne
Research by
Antti Viljakainen

Huhtamäki Q1'26 preview: Årets indtjeningsvækst er ved at glide ud af hænderne

Vi gentager vores Køb-anbefaling på Huhtamäki og justerer selskabets kursmål til 36,00 EUR (tidligere 37,00 EUR), efter at estimaterne for indeværende år er blevet sænket som følge af de negative konsekvenser af krigen i Iran på forbrugersektoren og råvaremarkederne. Huhtamäkis indtjeningsvækstforventninger er igen blevet udskudt, men den lave værdiansættelse (2026e: P/E 12x) og udbyttet opfordrer efter vores mening stadig til tålmodighed.

Huhtamäki

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Huhtamäki Q4'25: Intet nyt fra fødevareemballagefronten
Research by
Antti Viljakainen

Huhtamäki Q4'25: Intet nyt fra fødevareemballagefronten

Vi gentager vores Køb-anbefaling på Huhtamäki og selskabets kursmål på 37,00 EUR. Huhtamäkis lave værdiansættelse, det moderate indtjeningsvækstpotentiale på mellemlang sigt og et udbytteafkast på knap 4 % løfter efter vores mening aktiens forventede afkast tydeligt over afkastkravet på både kort og lang sigt. 

Huhtamäki
Forum discussions
Hi! Apologies for the delay! The factory is still experiencing technical start-up difficulties. The background for this is a large wave in the US market to replace Styrofoam packaging with fiber packaging for eggs. While egg cartons in other markets are grey/brown, i.e., made from...
3/23/2026, 5:43 PM
by Kristian Tammela
98
Yes, we have two factories in the Flexible Packaging segment in the UAE and one factory in the Foodservice Packaging segment in Saudi Arabia. Assessing the impacts of the situation is difficult; it depends very much on the duration of the situation. Energy as a cost relative to net...
3/12/2026, 5:17 PM
by Kristian Tammela
89
Having stagnated for years, Huhtamäki is drawing more and more talk among investors as the share price continues to slide. But is it a value trap? I challenged Antti on this at the end of last year, but the video hasn’t aged a bit. That’s why I’m bringing it back to the thread as...
yesterday
by Verneri Pulkkinen
44
The chronic undervaluation is truly baffling. P/E 11, growing dividend yield of 4%, free cash flow of €311M, and yet the share price just keeps wallowing lower. If the earnings performance is like this during sluggish demand, what will it be if the market situation improves?
4/20/2026, 7:47 AM
by Korville
42
Based on stock prices, many listed peers haven’t performed particularly strongly in recent years either. There are, of course, significant differences in the companies’ product portfolios and geographical distribution.
4/20/2026, 8:22 AM
by Ilkka
40
Here is a quick read about Huhtamäki from SalkunRakentaja. The positive expected return is driven by a combination of low valuation, a strengthened balance sheet, and dividend yield. For a contrarian investor, Huhtamäki is a typical case where market caution has pushed multiples ...
4/19/2026, 5:33 PM
by Sijoittaja-alokas
38
It seems to be much the same in other capital-intensive sectors as well; I just compared Valmet and Huhtamäki’s charts and key figures for fun, and to put it bluntly, they are exactly the same, both in terms of share price movements and valuation based on the figures. So I was thinking...
4/20/2026, 3:18 PM
by jnaltu
29
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