HUH1V.HE

Huhtamäki Oyj

Huhtamäki Oyj provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally. It operates through Foodservice Packaging, North America, Flexible Packaging, and Fiber Packaging segments. Th… Huhtamäki Oyj provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally. It operates through Foodservice Packaging, North America, Flexible Packaging, and Fiber Packaging segments. The company offers beverage-to-go packaging solutions, which includes single and double-wall paper, coffee and cold drinks cups, cup carriers, lids, accessories and short run prints customized paper cups; food-to-go packaging solutions, such as trays, containers, clamshells, scoops, bowls, wraps, and various accessories for take-away and dining; and egg trays, egg cartons, fruit trays, and wine bottle separators. In addition, it provides stickpacks, sachets, and valve pouches for coffee packaging; stand-up and spouted pouches for liquid drinks; and tea bag envelopes, paper tags, and outer packaging for tea packaging, as well as powder drinks packaging. Further, the company offers packaged food consisting of satchets, stand up pouches, cube laminates, and cartons for culinary, ice cream, confectionary, stock cube, and other retail food markets; and pet food packaging, such as 4-side seal pouches and stand-up pouches for dry food, wet food, and snacks and treats. Additionally, it provides wicketed bags, stand-up pouches, sachets, and flowwraps for beauty, cleaning and laundry, and family care products; OTC/nutritional supplements, prescriptive, and transdermal patches packaging; and paper-based products for ice cream, yoghurt, dairy, spreads, and other snacks. The company also provides retail, catering disposables, and vending cups packaging products under the Chinet brand. It serves food, beverage, and petfood companies, quick service and fast casual restaurants, foodservice operators, fresh produce packers, and retailers, as well as home and personal care, industrial, FMCG, and healthcare sectors. Huhtamäki Oyj was founded in 1920 and is headquartered in Espoo, Finland.
Market price
EUR 26.58
Undervalued by 107.0%
Base value (EV/EBITDA (12x)) is 107.0% above the market price
5-year outlook: 8.9% per year · forecast
Data: Price updated 06 Nov 2026 14:47; TTM through 30 Sep 2026, period ended 30 Sep 2026 from EODHD (downloaded 8 min ago). Last earnings: 29 Oct 2026
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Verdict

Looks undervalued

PriceEUR 26.58
Fair value range43.95–66.10base 55.03
Estimate reliabilityHigh
5-year outlook8.9% / yr≈ EUR 40.69 in 5 yrs

Why: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.

Start with the price and fair value range, then review the data dates and assumptions below. Estimates are not predictions or investment advice.

EV/EBITDA (12x)

Market price below modeled range

Showing the EV/EBITDA (12x) you selected on the company card, using 2% growth, 2.4% terminal growth and 9.2% discount. The range varies these assumptions slightly; it is illustrative, not investment advice.

Assumptions: growth 2%, discount rate 9.20%, terminal growth 2.40% (sector defaults). See a worked example.

Blended growth assumption: 2.0% (sector default 5.3%, own revenue history -4.0%, analyst revenue consensus 3.3%).

5-year outlook: relative outlook of about 8.9% a year (High confidence), anchored to a 7% market return and adjusted for how this company ranks against others. A ranking aid, not a prediction. See the full forecast.

Analyst consensus expects revenue growth of 3.3% a year; the growth assumption used is 2.0%.

Adjust assumptions

Show the recommended model instead

Why this model: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.

Compare models
  • Recommended: Free-cash-flow DCF — EUR 23.89 (-10.1%)
  • EPS-based Gordon proxy — EUR 28.19 (+6.1%)
    Not used: Treats all earnings as if paid out and ignores the cash kept for reinvestment, so it overstates value for companies that retain most profit.
  • DCF (trailing free cash flow) — EUR 23.89 (-10.1%)
    Not used: Not chosen: Free-cash-flow DCF ranks ahead of it for this company.
  • FCFF (steady state) — EUR 24.50 (-7.8%)
    Not used: Assumes only the long-run terminal growth rate from today, so it ignores the near-term growth expected.
  • EV/EBITDA (12x) — EUR 55.03 (+107.0%)
    Not used: Used only when free cash flow is far below earnings even after averaging three years; a fixed 12x multiple also ignores sector differences.
  • Fade DCF (10-year growth fade) — EUR 23.91 (-10.0%)
    Not used: An alternative growth path (fading over 10 years) shown for comparison; the automatic choice does not use it.
  • EV/Sales (Rule of 40) — EUR 114.37 (+330.3%)
    Not used: Used only for technology and communication companies whose cash-flow value is far below the price.
Illustrative range / share EUR 43.95–66.10
Base scenario / share EUR 55.03
Margin of safety (share of value) Cheap even in the bear case
Bear EUR 43.9539.5%
Base EUR 55.0351.7%
Bull EUR 66.1059.8%

Margin = (value − price) / value, so it is measured against the value and reads lower than the upside to value, which is measured against the price. Positive means the price is below that case.

Track record: see the methodology page for how this model has performed historically, including its limits. Treat it as a screen, not a forecast.

Price history and fair value

No chartable saved daily price history is available for this range. The chart uses stored EODHD prices only and will appear after history is saved.

Latest news

Headlines provided by EODHD. Articles may mention multiple companies and are not investment recommendations.

More detail: quality, peers, price history, dividends and financials

Quality score: 64 / 100

Five equal checks on reported history: profitability, cash generation, revenue growth, balance sheet and margins. It describes business quality, not whether the price is attractive.

Profitability5 of 5 years profitable20 / 20
Cash generationfree cash flow positive in 5 of 5 years20 / 20
Growthrevenue -3.1% a year4 / 20
Balance sheetnet debt 2.1x EBITDA10 / 20
MarginsEBITDA margin 15%10 / 20

Peers in Consumer Staples

Same-sector companies with a valuation, most undervalued first. Compare the margin of safety, yield and quality score side by side.

CompanyPriceMargin of safetyP/EP/BYieldQuality
HUH1V.HE (this company) EUR 26.58 -11.3% 13.4 1.4 4.1% 64
ORK.OL Orkla ASA NOK 102.30 32.1% 14.5 2.3 9.8% 82
KHC Kraft Heinz USD 24.46 27.8% – 0.8 6.5% 36
WN.TO George Weston Limited CAD 109.72 26.2% 39.8 9.1 1.2% 72
CA.PA Carrefour SA EUR 13.49 24.7% 28.9 0.8 8.8% 72
ABF.L Associated British Foods plc GBP 19.60 20.0% 14.9 1.2 3.2% 82
ADM Archer Daniels Midland USD 70.55 16.7% 13.8 1.4 3.0% 64
AXFO.ST Axfood AB SEK 283.20 8.1% 24.9 8.2 3.1% 70
DLTR Dollar Tree USD 135.65 1.9% 16.1 7.6 – 72
Peer median 16.1 1.9

Dividends

Paid in the last 12 months: EUR 1.14 per share · yield 4.29% at the current price.

YearDividends per share
2026 (so far)1.140
20251.100
20241.050
20231.000
20220.940
20210.920
Sector Consumer Staples
Exchange Nasdaq Helsinki
Currency EUR

Trailing 12-month financials

TTM through 30 Sep 2026 · quarterly EODHD data · data downloaded 06 Nov 2026 17:19

RevenueEUR 3,954,100,000
EBITDAEUR 581,800,000
EBITEUR 366,900,000
Net incomeEUR 209,100,000
Free cash flowEUR 250,600,000
Capital expendituresEUR 151,800,000
DebtEUR 1,562,600,000
CashEUR 363,700,000
Working capitalEUR 577,900,000
Shares outstanding105,087,719