Download PDF

1. Company Snapshot

1.a. Company Description

Norske Skog ASA produces and sells newsprint and magazine papers.It operates in two segments, Publication Paper Europe, and Publication Paper Australasia.The company offers standard newsprint and other paper qualities; and magazine paper comprising super calendared and lightweight coated paper.


Its products are primarily used in newspapers and magazines, catalogues, inserts/flyers, supplements, free-sheets, directories, direct mail, brochures, and book paper.The company sells its products under the Nornews, Norbright, NorX, Norstar, Norcote, NorSC, Norbook, and Vantage brands.It operates in Norway, rest of Europe, North America, Australasia, Asia, and Africa.


The company was founded in 1962 and is headquartered in Oslo, Norway.

Show Full description

1.b. Last Insights on NSKOG

Have nothing to say about that one ...

1.c. Company Highlights

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

Request Coverage

3. NewsRoom

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (5.73%)

6. Segments

Publication Paper Europe

Expected Growth: 6%

Norske Skog ASA's Publication Paper Europe segment growth is driven by increasing demand for sustainable paper products, cost savings from operational efficiency, and strategic capacity adjustments. Additionally, the company's focus on specialty papers and packaging solutions contributes to growth, as well as its strong market position in Europe.

Publication Paper Australasia

Expected Growth: 5%

Norske Skog ASA's Publication Paper Australasia segment growth is driven by increasing demand for sustainable packaging, rising e-commerce sales, and growing need for paper-based products in the Australasian region. Additionally, the company's cost-cutting initiatives, operational efficiencies, and strategic partnerships contribute to its 5% growth.

Other

Expected Growth: 4%

Norske Skog ASA's 4% growth in 'Other' segment is driven by increasing demand for sustainable packaging, expansion into new markets, and strategic partnerships. Additionally, the company's focus on innovation and cost savings initiatives have contributed to improved operational efficiency, further boosting growth.

Eliminations

Expected Growth: 3%

Norske Skog ASA's 3% growth is driven by increasing demand for sustainable packaging, cost savings from operational efficiencies, and strategic investments in emerging markets. Additionally, the company's focus on product diversification, particularly in the packaging and specialty paper segments, contributes to its growth momentum.

Packaging Paper

Expected Growth: 8%

Norske Skog ASA's Packaging Paper segment growth is driven by increasing demand for sustainable packaging, e-commerce growth, and substitution of plastic packaging. Additionally, the company's focus on cost reduction, operational efficiency, and strategic investments in growth markets contribute to the 8% growth rate.

7. Detailed Products

Newsprint

A type of paper used for printing newspapers, flyers, and other publications

Magazine Paper

A high-quality paper used for printing magazines, catalogs, and other publications

Packaging Paper

A type of paper used for packaging and wrapping products

Specialty Paper

A type of paper used for specialty applications such as filters, labels, and more

Recycled Fiber

A type of fiber used to produce recycled paper products

8. Norske Skog ASA's Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Norske Skog ASA is medium due to the availability of alternative products such as digital media and other paper products.

Bargaining Power Of Customers

The bargaining power of customers for Norske Skog ASA is low due to the company's strong market position and limited buyer concentration.

Bargaining Power Of Suppliers

The bargaining power of suppliers for Norske Skog ASA is medium due to the company's dependence on wood pulp and other raw materials.

Threat Of New Entrants

The threat of new entrants for Norske Skog ASA is low due to the high barriers to entry in the paper and pulp industry.

Intensity Of Rivalry

The intensity of rivalry for Norske Skog ASA is high due to the competitive nature of the paper and pulp industry.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 45.06%
Debt Cost 5.30%
Equity Weight 54.94%
Equity Cost 6.47%
WACC 5.94%
Leverage 82.02%

11. Quality Control: Norske Skog ASA passed 4 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Miquel y Costas

A-Score: 7.0/10

Value: 6.8

Growth: 4.9

Quality: 7.1

Yield: 6.9

Momentum: 7.5

Volatility: 8.7

1-Year Total Return ->

View Full Report
Stock-Card
Altri

A-Score: 6.0/10

Value: 5.6

Growth: 4.4

Quality: 5.4

Yield: 8.8

Momentum: 4.0

Volatility: 8.0

1-Year Total Return ->

View Full Report
Stock-Card
Corticeira Amorim

A-Score: 5.7/10

Value: 6.4

Growth: 4.0

Quality: 6.1

Yield: 6.9

Momentum: 1.0

Volatility: 9.7

1-Year Total Return ->

View Full Report
Stock-Card
ENCE Energía y Celulosa

A-Score: 5.5/10

Value: 8.1

Growth: 4.9

Quality: 2.3

Yield: 5.6

Momentum: 4.0

Volatility: 8.0

1-Year Total Return ->

View Full Report
Stock-Card
James Latham

A-Score: 4.9/10

Value: 6.7

Growth: 4.8

Quality: 5.1

Yield: 4.4

Momentum: 1.0

Volatility: 7.7

1-Year Total Return ->

View Full Report
Stock-Card
Norske Skog

A-Score: 2.5/10

Value: 9.6

Growth: 1.3

Quality: 2.7

Yield: 0.0

Momentum: 0.0

Volatility: 1.3

1-Year Total Return ->

View Full Report

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

17.64$

Current Price

17.64$

Potential

-0.00%

Expected Cash-Flows