Stora Enso vs UPM-Kymmene: Stock Comparison & AI Equity Analysis
Stora Enso vs UPM-Kymmene — overview
Compare Stora Enso (NASDAQ Helsinki: STERV.HE) and UPM-Kymmene (NASDAQ Helsinki: UPM.HE) side by side. Both are Paper, Lumber & Forest Products stocks covered by Valuatum's AI equity research. This comparison puts their recommendations, 12-month price targets, implied upside, valuation multiples and value-pool allocation in one view.
Ratings, price targets & valuation — side by side
| Metric | Stora Enso (STERV.HE) | UPM-Kymmene (UPM.HE) |
|---|---|---|
| Recommendation | BUY | BUY |
| 12-month price target | 12.76 EUR | 34.00 EUR |
| Current price | 10.05 EUR | 25.31 EUR |
| Implied upside | +27.0% | +34.3% |
| Market cap | EUR 7.9 bn | EUR 13.1 bn |
| Enterprise value | EUR 11.2 bn | EUR 16.6 bn |
| P/E 2026E | 19.8x | 16.4x |
| EV/EBITDA 2026E | 7.8x | 7.8x |
| FCF Yield 2026E | 1.8% | 9.8% |
| Dividend Yield 2026E | 4.0% | 4.9% |
| Net Debt/EBITDA 2026E | 2.4x | 1.3x |
Value pool comparison
How each company's enterprise value is allocated across its businesses, from Valuatum's value pool analysis.
Stora Enso
UPM-Kymmene
Stora Enso or UPM-Kymmene: which is the better buy?
On Valuatum's current AI equity reports, Stora Enso (STERV.HE) is rated BUY and UPM-Kymmene (UPM.HE) is rated BUY. UPM-Kymmene screens with the higher implied upside to its price target (34.3% versus 27%). The full reasoning — value-pool allocation, reverse valuation, financial forecasts, risks and catalysts — is in each company's report below. This is AI-generated research for information only, not investment advice.
Stora Enso vs UPM-Kymmene — frequently asked questions
Stora Enso vs UPM-Kymmene: which stock has more upside?
UPM-Kymmene currently screens with the higher implied upside to Valuatum's 12-month price target. See the comparison table above for both targets, recommendations and valuation multiples.
Is Stora Enso (STERV.HE) a buy or a sell?
Valuatum's latest AI equity report rates Stora Enso BUY, with a 12.76 EUR 12-month price target versus a 10.05 EUR share price. Read the Stora Enso report for the rationale.
Is UPM-Kymmene (UPM.HE) a buy or a sell?
Valuatum's latest AI equity report rates UPM-Kymmene BUY, with a 34.00 EUR 12-month price target versus a 25.31 EUR share price. Read the UPM-Kymmene report for the rationale.
How are Stora Enso and UPM-Kymmene valued?
Both companies are valued with Valuatum's value-pool analysis and a reverse valuation (a DCF-style framework), with segment financial estimates, key ratios, risks and catalysts in each report.
Methodology
Ratings, price targets and value pools are from Valuatum's AI equity research framework — a structured enterprise-value and value-pool methodology with reverse valuation, built on 25+ years of equity research practice. See the methodology.
Disclaimer: AI-generated research for informational purposes only. Not investment advice. Valuatum Oy, Helsinki, Finland.