Stora Enso Oyj (STERV.HE) stock analysis

In our weekly check, Stora Enso Oyj is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 13 pass, warnings: 5, red flags: 7.

About Stora Enso Oyj

Stora Enso Oyj is a Basic Materials company (Paper, Lumber & Forest Products) based in Finland, listed on HEL as STERV.HE.

What our checks show for STERV.HE

Red flags

• The net margin fell by 6.3 points over 5 years, to 6.2%: the company keeps less of each sale as profit.
• The gross margin fell by 23.9 points, to 22.1%: costs are rising faster than prices.
• Revenue fell 7.3% a year over the last 3 years.
• Free cash flow is negative (-0.5% of revenue): the business spends more cash than it brings in.
• The stock has fallen as much as 81% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 8.6 years.
• Pay in shares equals 0% of free cash flow: it dilutes shareholders.

Warning signs

• Analysts expect only about 3.2% a year of growth in revenue.
• Earnings per share fell 28% a year over the last 3 years.
• Net profit fell 28% a year over the last 3 years.
• The net margin is only 6.2%: little room if costs rise.
• Return on capital (ROCE) is only 5.2%.

Strengths

• The dividend takes 34% of profit: there is a cushion.
• The price is 13.2 times earnings (P/E), reasonable for its growth.
• Beta 0.56: the stock usually moves less than the market.

Next earnings report: 2026-10-30

Similar companies

SON · CCK · AVY · SLGN · GEF · BALL

Questions

What grade does Stora Enso Oyj (STERV.HE) have?

In our weekly check, Stora Enso Oyj is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 13 pass, warnings: 5, red flags: 7. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of STERV.HE stock?

This week's biggest flags for Stora Enso Oyj: Margins falling, Gross margin falling, Weak revenue growth. In total 12 of 25 checks show a warning or a red flag.

What does Stora Enso Oyj do?

Stora Enso Oyj is a Basic Materials company (Paper, Lumber & Forest Products) based in Finland, listed on HEL as STERV.HE.

When does Stora Enso Oyj report earnings next?

The next earnings report is expected on 2026-10-30. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

Open the full analysis