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Nordic Paper Holding AB
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Let's analyse Nordic Paper Holding AB together

PenkeI guess you are interested in Nordic Paper Holding AB. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Nordic Paper Holding AB. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Nordic Paper Holding AB (30 sec.)










What can you expect buying and holding a share of Nordic Paper Holding AB? (30 sec.)

How much money do you get?

How much money do you get?
kr0.47
When do you have the money?
1 year
How often do you get paid?
76.5%

What is your share worth?

Current worth
kr17.63
Expected worth in 1 year
kr19.71
How sure are you?
82.4%

+ What do you gain per year?

Total Gains per Share
kr7.04
Return On Investment
13.3%

For what price can you sell your share?

Current Price per Share
kr53.10
Expected price per share
kr43.55 - kr
How sure are you?
50%

1. Valuation of Nordic Paper Holding AB (5 min.)




Live pricePrice per Share (EOD)

kr53.10

Intrinsic Value Per Share

kr96.82 - kr114.08

Total Value Per Share

kr114.46 - kr131.71

2. Growth of Nordic Paper Holding AB (5 min.)




Is Nordic Paper Holding AB growing?

Current yearPrevious yearGrowGrow %
How rich?$112.2m$80.6m$26.5m24.8%

How much money is Nordic Paper Holding AB making?

Current yearPrevious yearGrowGrow %
Making money$9.7m$13.3m-$3.5m-36.0%
Net Profit Margin9.0%12.6%--

How much money comes from the company's main activities?

3. Financial Health of Nordic Paper Holding AB (5 min.)




4. Comparing to competitors in the Paper & Paper Products industry (5 min.)




  Industry Rankings (Paper & Paper Products)  


Richest
#81 / 120

Most Revenue
#64 / 120

Most Profit
#40 / 120

What can you expect buying and holding a share of Nordic Paper Holding AB? (5 min.)

Welcome investor! Nordic Paper Holding AB's management wants to use your money to grow the business. In return you get a share of Nordic Paper Holding AB.

What can you expect buying and holding a share of Nordic Paper Holding AB?

First you should know what it really means to hold a share of Nordic Paper Holding AB. And how you can make/lose money.

Speculation

The Price per Share of Nordic Paper Holding AB is kr53.10. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Nordic Paper Holding AB.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Nordic Paper Holding AB, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is kr17.63. Based on the TTM, the Book Value Change Per Share is kr0.52 per quarter. Based on the YOY, the Book Value Change Per Share is kr2.53 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is kr1.24 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Nordic Paper Holding AB.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 kr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Share
Usd Eps0.090.2%0.060.1%0.200.4%0.100.2%0.100.2%
Usd Book Value Change Per Share0.120.2%0.050.1%0.240.4%0.100.2%0.100.2%
Usd Dividend Per Share0.020.0%0.120.2%0.090.2%0.270.5%0.270.5%
Usd Total Gains Per Share0.130.3%0.170.3%0.330.6%0.370.7%0.370.7%
Usd Price Per Share4.20-3.60-3.17-2.73-2.73-
Price to Earnings Ratio11.63-16.32-5.73-6.66-6.66-
Price-to-Total Gains Ratio31.49-24.75-16.86-19.06-19.06-
Price to Book Ratio2.53-2.25-2.69-2.69-2.69-
Price-to-Total Gains Ratio31.49-24.75-16.86-19.06-19.06-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share4.9914
Number of shares200
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.120.27
Usd Book Value Change Per Share0.050.10
Usd Total Gains Per Share0.170.37
Gains per Quarter (200 shares)33.1073.27
Gains per Year (200 shares)132.41293.07
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1933912221578283
218778254430156576
3280117386645234869
43741565188603121162
546719565010753901455
656023478212904681748
765427391415055462041
8747312104617206242334
9840351117819367022627
10934390131021517802920

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%11.01.00.091.7%15.02.00.088.2%15.02.00.088.2%15.02.00.088.2%
Book Value Change Per Share3.01.00.075.0%8.04.00.066.7%9.05.03.052.9%9.05.03.052.9%9.05.03.052.9%
Dividend per Share3.00.01.075.0%9.00.03.075.0%13.00.04.076.5%13.00.04.076.5%13.00.04.076.5%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%14.02.01.082.4%14.02.01.082.4%14.02.01.082.4%

Fundamentals of Nordic Paper Holding AB

About Nordic Paper Holding AB

Nordic Paper Holding AB (publ) engages in the production and sale of natural greaseproof and kraft paper in Sweden, Italy, Germany, rest of Europe, the United States, and internationally. It offers a range of kraft paper, including sack/machine finished paper, machine glazed paper, absorbent kraft paper, and steel interleaving paper for carrier bags and food packaging, as well as in packaging for building materials and other industrial applications; and baking paper, paper for baking cups, food packaging and barrier paper, and lamination paper for building materials. The company was founded in 1871 and is headquartered in Karlstad, Sweden.

Fundamental data was last updated by Penke on 2024-03-11 11:29:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Nordic Paper Holding AB.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Nordic Paper Holding AB earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare Nordic Paper Holding AB to the Paper & Paper Products industry mean.
  • A Net Profit Margin of 6.7% means that kr0.07 for each kr1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Nordic Paper Holding AB:

  • The MRQ is 6.7%. The company is making a profit. +1
  • The TTM is 9.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.7%TTM9.0%-2.3%
TTM9.0%YOY12.6%-3.5%
TTM9.0%5Y9.0%0.0%
5Y9.0%10Y9.0%0.0%
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ6.7%2.8%+3.9%
TTM9.0%3.5%+5.5%
YOY12.6%5.6%+7.0%
5Y9.0%4.4%+4.6%
10Y9.0%4.5%+4.5%
1.1.2. Return on Assets

Shows how efficient Nordic Paper Holding AB is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Nordic Paper Holding AB to the Paper & Paper Products industry mean.
  • 1.7% Return on Assets means that Nordic Paper Holding AB generated kr0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Nordic Paper Holding AB:

  • The MRQ is 1.7%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.8%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.7%TTM2.8%-1.2%
TTM2.8%YOY4.1%-1.2%
TTM2.8%5Y2.3%+0.6%
5Y2.3%10Y2.3%0.0%
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7%0.8%+0.9%
TTM2.8%0.9%+1.9%
YOY4.1%1.8%+2.3%
5Y2.3%1.1%+1.2%
10Y2.3%1.2%+1.1%
1.1.3. Return on Equity

Shows how efficient Nordic Paper Holding AB is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Nordic Paper Holding AB to the Paper & Paper Products industry mean.
  • 5.4% Return on Equity means Nordic Paper Holding AB generated kr0.05 for each kr1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Nordic Paper Holding AB:

  • The MRQ is 5.4%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 9.2%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ5.4%TTM9.2%-3.7%
TTM9.2%YOY16.5%-7.3%
TTM9.2%5Y8.4%+0.7%
5Y8.4%10Y8.4%0.0%
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ5.4%1.6%+3.8%
TTM9.2%1.6%+7.6%
YOY16.5%2.9%+13.6%
5Y8.4%2.3%+6.1%
10Y8.4%2.4%+6.0%

1.2. Operating Efficiency of Nordic Paper Holding AB.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Nordic Paper Holding AB is operating .

  • Measures how much profit Nordic Paper Holding AB makes for each kr1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Nordic Paper Holding AB to the Paper & Paper Products industry mean.
  • An Operating Margin of 13.5% means the company generated kr0.13  for each kr1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Nordic Paper Holding AB:

  • The MRQ is 13.5%. The company is operating less efficient.
  • The TTM is 13.7%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ13.5%TTM13.7%-0.2%
TTM13.7%YOY15.6%-1.9%
TTM13.7%5Y12.3%+1.4%
5Y12.3%10Y12.3%0.0%
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ13.5%7.2%+6.3%
TTM13.7%2.8%+10.9%
YOY15.6%7.7%+7.9%
5Y12.3%6.7%+5.6%
10Y12.3%6.1%+6.2%
1.2.2. Operating Ratio

Measures how efficient Nordic Paper Holding AB is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Paper & Paper Products industry mean).
  • An Operation Ratio of 0.48 means that the operating costs are kr0.48 for each kr1 in net sales.

Let's take a look of the Operating Ratio trends of Nordic Paper Holding AB:

  • The MRQ is 0.482. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.768. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.482TTM0.768-0.286
TTM0.768YOY0.837-0.069
TTM0.7685Y0.855-0.087
5Y0.85510Y0.8550.000
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4821.568-1.086
TTM0.7681.452-0.684
YOY0.8371.241-0.404
5Y0.8551.298-0.443
10Y0.8551.156-0.301

1.3. Liquidity of Nordic Paper Holding AB.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Nordic Paper Holding AB is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Paper & Paper Products industry mean).
  • A Current Ratio of 1.44 means the company has kr1.44 in assets for each kr1 in short-term debts.

Let's take a look of the Current Ratio trends of Nordic Paper Holding AB:

  • The MRQ is 1.442. The company is just able to pay all its short-term debts.
  • The TTM is 1.550. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.442TTM1.550-0.109
TTM1.550YOY1.537+0.013
TTM1.5505Y1.502+0.048
5Y1.50210Y1.5020.000
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4421.633-0.191
TTM1.5501.501+0.049
YOY1.5371.561-0.024
5Y1.5021.5020.000
10Y1.5021.347+0.155
1.3.2. Quick Ratio

Measures if Nordic Paper Holding AB is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Nordic Paper Holding AB to the Paper & Paper Products industry mean.
  • A Quick Ratio of 0.89 means the company can pay off kr0.89 for each kr1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Nordic Paper Holding AB:

  • The MRQ is 0.890. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.988. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.890TTM0.988-0.098
TTM0.988YOY0.942+0.045
TTM0.9885Y0.944+0.043
5Y0.94410Y0.9440.000
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8900.688+0.202
TTM0.9880.679+0.309
YOY0.9420.808+0.134
5Y0.9440.722+0.222
10Y0.9440.646+0.298

1.4. Solvency of Nordic Paper Holding AB.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Nordic Paper Holding AB assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Nordic Paper Holding AB to Paper & Paper Products industry mean.
  • A Debt to Asset Ratio of 0.69 means that Nordic Paper Holding AB assets are financed with 68.9% credit (debt) and the remaining percentage (100% - 68.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Nordic Paper Holding AB:

  • The MRQ is 0.689. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.691. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.689TTM0.691-0.002
TTM0.691YOY0.756-0.065
TTM0.6915Y0.617+0.073
5Y0.61710Y0.6170.000
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6890.487+0.202
TTM0.6910.470+0.221
YOY0.7560.476+0.280
5Y0.6170.489+0.128
10Y0.6170.520+0.097
1.4.2. Debt to Equity Ratio

Measures if Nordic Paper Holding AB is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Nordic Paper Holding AB to the Paper & Paper Products industry mean.
  • A Debt to Equity ratio of 221.5% means that company has kr2.22 debt for each kr1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Nordic Paper Holding AB:

  • The MRQ is 2.215. The company is just not able to pay all its debts with equity.
  • The TTM is 2.240. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.215TTM2.240-0.025
TTM2.240YOY3.136-0.895
TTM2.2405Y2.378-0.138
5Y2.37810Y2.3780.000
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2150.950+1.265
TTM2.2400.886+1.354
YOY3.1360.974+2.162
5Y2.3781.001+1.377
10Y2.3781.168+1.210

2. Market Valuation of Nordic Paper Holding AB

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every kr1 in earnings Nordic Paper Holding AB generates.

  • Above 15 is considered overpriced but always compare Nordic Paper Holding AB to the Paper & Paper Products industry mean.
  • A PE ratio of 11.63 means the investor is paying kr11.63 for every kr1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Nordic Paper Holding AB:

  • The EOD is 13.828. Based on the earnings, the company is underpriced. +1
  • The MRQ is 11.628. Based on the earnings, the company is underpriced. +1
  • The TTM is 16.317. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD13.828MRQ11.628+2.201
MRQ11.628TTM16.317-4.689
TTM16.317YOY5.734+10.583
TTM16.3175Y6.660+9.657
5Y6.66010Y6.6600.000
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
EOD13.8285.496+8.332
MRQ11.6285.238+6.390
TTM16.3174.397+11.920
YOY5.7348.029-2.295
5Y6.6607.625-0.965
10Y6.66010.641-3.981
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Nordic Paper Holding AB:

  • The EOD is 14.200. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 11.940. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -89.658. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD14.200MRQ11.940+2.260
MRQ11.940TTM-89.658+101.598
TTM-89.658YOY12.725-102.383
TTM-89.6585Y-24.287-65.371
5Y-24.28710Y-24.2870.000
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
EOD14.2002.430+11.770
MRQ11.9402.155+9.785
TTM-89.6583.218-92.876
YOY12.7252.828+9.897
5Y-24.2873.999-28.286
10Y-24.2873.766-28.053
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Nordic Paper Holding AB is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Paper & Paper Products industry mean).
  • A PB ratio of 2.53 means the investor is paying kr2.53 for each kr1 in book value.

Let's take a look of the Price to Book Ratio trends of Nordic Paper Holding AB:

  • The EOD is 3.011. Based on the equity, the company is fair priced.
  • The MRQ is 2.532. Based on the equity, the company is underpriced. +1
  • The TTM is 2.248. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD3.011MRQ2.532+0.479
MRQ2.532TTM2.248+0.284
TTM2.248YOY2.686-0.439
TTM2.2485Y2.691-0.444
5Y2.69110Y2.6910.000
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
EOD3.0110.961+2.050
MRQ2.5320.926+1.606
TTM2.2480.941+1.307
YOY2.6861.105+1.581
5Y2.6911.131+1.560
10Y2.6911.258+1.433
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Nordic Paper Holding AB compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1.2520.519+141%2.533-51%1.037+21%1.037+21%
Book Value Per Share--17.63416.930+4%12.812+38%11.765+50%11.765+50%
Current Ratio--1.4421.550-7%1.537-6%1.502-4%1.502-4%
Debt To Asset Ratio--0.6890.6910%0.756-9%0.617+12%0.617+12%
Debt To Equity Ratio--2.2152.240-1%3.136-29%2.378-7%2.378-7%
Dividend Per Share--0.1661.242-87%0.999-83%2.860-94%2.860-94%
Eps--0.9600.619+55%2.115-55%1.084-11%1.084-11%
Free Cash Flow Per Share--0.9351.989-53%1.549-40%1.403-33%1.403-33%
Free Cash Flow To Equity Per Share--0.5640.742-24%-0.444+179%0.731-23%0.731-23%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--114.076--------
Intrinsic Value_10Y_min--96.822--------
Intrinsic Value_1Y_max--6.692--------
Intrinsic Value_1Y_min--6.571--------
Intrinsic Value_3Y_max--23.719--------
Intrinsic Value_3Y_min--22.571--------
Intrinsic Value_5Y_max--45.101--------
Intrinsic Value_5Y_min--41.550--------
Market Cap3552857280.000+15%3023175595.0002579574738.750+17%2263131629.675+34%2040056185.032+48%2040056185.032+48%
Net Profit Margin--0.0670.090-26%0.126-47%0.090-26%0.090-26%
Operating Margin--0.1350.137-1%0.156-13%0.123+10%0.123+10%
Operating Ratio--0.4820.768-37%0.837-42%0.855-44%0.855-44%
Pb Ratio3.011+16%2.5322.248+13%2.686-6%2.691-6%2.691-6%
Pe Ratio13.828+16%11.62816.317-29%5.734+103%6.660+75%6.660+75%
Price Per Share53.100+16%44.65038.288+17%33.775+32%29.055+54%29.055+54%
Price To Free Cash Flow Ratio14.200+16%11.940-89.658+851%12.725-6%-24.287+303%-24.287+303%
Price To Total Gains Ratio37.455+16%31.49524.745+27%16.864+87%19.064+65%19.064+65%
Quick Ratio--0.8900.988-10%0.942-6%0.944-6%0.944-6%
Return On Assets--0.0170.028-41%0.041-58%0.023-26%0.023-26%
Return On Equity--0.0540.092-41%0.165-67%0.084-35%0.084-35%
Total Gains Per Share--1.4181.761-19%3.532-60%3.897-64%3.897-64%
Usd Book Value--112236000.000107230500.000+5%80675500.000+39%75416752.941+49%75416752.941+49%
Usd Book Value Change Per Share--0.1180.049+141%0.238-51%0.098+21%0.098+21%
Usd Book Value Per Share--1.6581.591+4%1.204+38%1.106+50%1.106+50%
Usd Dividend Per Share--0.0160.117-87%0.094-83%0.269-94%0.269-94%
Usd Eps--0.0900.058+55%0.199-55%0.102-11%0.102-11%
Usd Free Cash Flow--5950155.35012626538.838-53%9752500.000-39%8828809.138-33%8828809.138-33%
Usd Free Cash Flow Per Share--0.0880.187-53%0.146-40%0.132-33%0.132-33%
Usd Free Cash Flow To Equity Per Share--0.0530.070-24%-0.042+179%0.069-23%0.069-23%
Usd Market Cap333968584.320+15%284178505.930242480025.443+17%212734373.189+34%191765281.393+48%191765281.393+48%
Usd Price Per Share4.991+16%4.1973.599+17%3.175+32%2.731+54%2.731+54%
Usd Profit--6110000.0009799500.000-38%13324500.000-54%8395305.882-27%8395305.882-27%
Usd Revenue--91274000.000105115500.000-13%104316500.000-13%86916823.529+5%86916823.529+5%
Usd Total Gains Per Share--0.1330.166-19%0.332-60%0.366-64%0.366-64%
 EOD+4 -4MRQTTM+15 -20YOY+14 -215Y+14 -2110Y+14 -21

3.2. Fundamental Score

Let's check the fundamental score of Nordic Paper Holding AB based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1513.828
Price to Book Ratio (EOD)Between0-13.011
Net Profit Margin (MRQ)Greater than00.067
Operating Margin (MRQ)Greater than00.135
Quick Ratio (MRQ)Greater than10.890
Current Ratio (MRQ)Greater than11.442
Debt to Asset Ratio (MRQ)Less than10.689
Debt to Equity Ratio (MRQ)Less than12.215
Return on Equity (MRQ)Greater than0.150.054
Return on Assets (MRQ)Greater than0.050.017
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Nordic Paper Holding AB based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5077.201
Ma 20Greater thanMa 5047.278
Ma 50Greater thanMa 10044.957
Ma 100Greater thanMa 20044.163
OpenGreater thanClose53.500
Total5/5 (100.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. All numbers in thousands.

Summary
Total Assets3,837,000
Total Liabilities2,643,000
Total Stockholder Equity1,193,000
 As reported
Total Liabilities 2,643,000
Total Stockholder Equity+ 1,193,000
Total Assets = 3,837,000

Assets

Total Assets3,837,000
Total Current Assets1,910,000
Long-term Assets1,927,000
Total Current Assets
Cash And Cash Equivalents 496,000
Net Receivables 683,000
Inventory 661,000
Other Current Assets 70,000
Total Current Assets  (as reported)1,910,000
Total Current Assets  (calculated)1,910,000
+/-0
Long-term Assets
Property Plant Equipment 920,000
Goodwill 734,000
Long-term Assets Other 245,000
Long-term Assets  (as reported)1,927,000
Long-term Assets  (calculated)1,899,000
+/- 28,000

Liabilities & Shareholders' Equity

Total Current Liabilities1,325,000
Long-term Liabilities1,318,000
Total Stockholder Equity1,193,000
Total Current Liabilities
Short-term Debt 270,000
Accounts payable 569,000
Other Current Liabilities 411,000
Total Current Liabilities  (as reported)1,325,000
Total Current Liabilities  (calculated)1,250,000
+/- 75,000
Long-term Liabilities
Long-term Liabilities  (as reported)1,318,000
Long-term Liabilities  (calculated)0
+/- 1,318,000
Total Stockholder Equity
Common Stock19,000
Retained Earnings 1,154,000
Other Stockholders Equity 20,000
Total Stockholder Equity (as reported)1,193,000
Total Stockholder Equity (calculated)1,193,000
+/-0
Other
Cash and Short Term Investments 496,000
Common Stock Shares Outstanding 67,708
Current Deferred Revenue75,000
Liabilities and Stockholders Equity 3,837,000
Net Debt 737,000
Net Working Capital 585,000
Short Long Term Debt Total 1,233,000



Balance Sheet

All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-06-30
> Total Assets 
0
0
2,333,000
0
2,349,000
2,458,000
2,504,000
2,592,000
3,252,000
3,429,000
3,389,000
3,587,000
3,626,000
3,648,000
3,593,000
3,668,000
3,837,000
3,837,0003,668,0003,593,0003,648,0003,626,0003,587,0003,389,0003,429,0003,252,0002,592,0002,504,0002,458,0002,349,00002,333,00000
   > Total Current Assets 
0
0
1,352,700
1,354,000
1,351,000
1,459,000
1,511,000
1,568,000
1,528,000
1,664,000
1,584,000
1,755,000
1,830,000
1,879,000
1,777,000
1,869,000
1,910,000
1,910,0001,869,0001,777,0001,879,0001,830,0001,755,0001,584,0001,664,0001,528,0001,568,0001,511,0001,459,0001,351,0001,354,0001,352,70000
       Cash And Cash Equivalents 
0
0
411,600
0
415,000
486,000
480,000
590,000
360,000
384,000
170,000
405,000
325,000
308,000
235,000
494,000
496,000
496,000494,000235,000308,000325,000405,000170,000384,000360,000590,000480,000486,000415,0000411,60000
       Net Receivables 
0
0
532,200
466,000
436,000
527,000
564,000
537,000
546,000
630,000
741,000
664,000
881,000
937,000
822,000
753,000
683,000
683,000753,000822,000937,000881,000664,000741,000630,000546,000537,000564,000527,000436,000466,000532,20000
       Other Current Assets 
0
0
483,900
12,000
491,000
551,000
581,000
561,000
696,000
745,000
868,000
-1,000
-1,000
-1,000
18,000
-1,000
70,000
70,000-1,00018,000-1,000-1,000-1,000868,000745,000696,000561,000581,000551,000491,00012,000483,90000
   > Long-term Assets 
0
0
980,300
0
997,000
999,000
993,000
1,024,000
1,724,000
1,765,000
1,805,000
1,832,000
1,796,000
1,769,000
1,816,000
1,799,000
1,927,000
1,927,0001,799,0001,816,0001,769,0001,796,0001,832,0001,805,0001,765,0001,724,0001,024,000993,000999,000997,0000980,30000
       Property Plant Equipment 
0
0
632,900
639,000
643,000
645,000
637,000
670,000
725,000
738,000
756,000
769,000
774,000
758,000
739,000
751,000
920,000
920,000751,000739,000758,000774,000769,000756,000738,000725,000670,000637,000645,000643,000639,000632,90000
       Goodwill 
0
0
343,400
0
343,000
343,000
343,000
343,000
726,000
745,000
750,000
762,000
740,000
737,000
765,000
758,000
734,000
734,000758,000765,000737,000740,000762,000750,000745,000726,000343,000343,000343,000343,0000343,40000
       Intangible Assets 
0
0
1,200
0
1,000
5,000
7,000
6,000
256,000
263,000
274,000
275,000
255,000
247,000
278,000
266,000
0
0266,000278,000247,000255,000275,000274,000263,000256,0006,0007,0005,0001,00001,20000
       Other Assets 
0
0
7,700
7,000
1,995,000
6,000
6,000
5,000
18,000
19,000
25,000
26,000
27,000
0
0
24,000
0
024,0000027,00026,00025,00019,00018,0005,0006,0006,0001,995,0007,0007,70000
> Total Liabilities 
0
0
983,400
0
1,756,000
1,799,000
1,940,000
2,048,000
2,668,000
2,666,000
2,600,000
2,747,000
2,585,000
2,438,000
2,548,000
2,554,000
2,643,000
2,643,0002,554,0002,548,0002,438,0002,585,0002,747,0002,600,0002,666,0002,668,0002,048,0001,940,0001,799,0001,756,0000983,40000
   > Total Current Liabilities 
0
0
784,300
846,000
620,000
669,000
736,000
839,000
970,000
964,000
1,079,000
1,182,000
1,245,000
1,103,000
1,195,000
1,191,000
1,325,000
1,325,0001,191,0001,195,0001,103,0001,245,0001,182,0001,079,000964,000970,000839,000736,000669,000620,000846,000784,30000
       Short-term Debt 
0
0
163,900
0
175,000
214,000
239,000
255,000
283,000
294,000
307,000
303,000
295,000
290,000
300,000
304,000
270,000
270,000304,000300,000290,000295,000303,000307,000294,000283,000255,000239,000214,000175,0000163,90000
       Short Long Term Debt 
0
0
157,400
0
165,000
203,000
229,000
246,000
273,000
286,000
295,000
292,000
284,000
279,000
289,000
294,000
0
0294,000289,000279,000284,000292,000295,000286,000273,000246,000229,000203,000165,0000157,40000
       Accounts payable 
0
0
249,000
290,000
218,000
220,000
245,000
336,000
382,000
317,000
348,000
447,000
419,000
318,000
352,000
442,000
569,000
569,000442,000352,000318,000419,000447,000348,000317,000382,000336,000245,000220,000218,000290,000249,00000
       Other Current Liabilities 
0
0
371,400
164,000
227,000
235,000
252,000
248,000
305,000
353,000
424,000
432,000
531,000
495,000
12,000
13,000
411,000
411,00013,00012,000495,000531,000432,000424,000353,000305,000248,000252,000235,000227,000164,000371,40000
   > Long-term Liabilities 
0
0
199,100
0
1,136,000
1,130,000
1,204,000
1,209,000
1,698,000
1,702,000
1,521,000
1,565,000
1,340,000
1,335,000
1,353,000
1,363,000
1,318,000
1,318,0001,363,0001,353,0001,335,0001,340,0001,565,0001,521,0001,702,0001,698,0001,209,0001,204,0001,130,0001,136,0000199,10000
       Other Liabilities 
0
0
194,100
189,000
176,000
166,000
242,000
243,000
334,000
341,000
344,000
391,000
370,000
0
0
398,000
0
0398,00000370,000391,000344,000341,000334,000243,000242,000166,000176,000189,000194,10000
> Total Stockholder Equity
0
0
1,349,600
0
593,000
659,000
564,000
544,000
584,000
763,000
789,000
840,000
1,041,000
1,210,000
1,045,000
1,114,000
1,193,000
1,193,0001,114,0001,045,0001,210,0001,041,000840,000789,000763,000584,000544,000564,000659,000593,00001,349,60000
   Common Stock
0
0
19,100
19,000
19,000
19,000
19,000
19,000
19,000
19,000
19,000
19,000
19,000
19,000
19,000
19,000
19,000
19,00019,00019,00019,00019,00019,00019,00019,00019,00019,00019,00019,00019,00019,00019,10000
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
-30,000
-30,000
5,000
0
05,000-30,000-30,0000000000000000
   Capital Surplus 00000000000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
0
0
-20,600
-32,000
-15,000
-31,000
-27,000
-30,000
-33,000
-16,000
-20,000
-5,000
-23,000
-30,000
-30,000
5,000
20,000
20,0005,000-30,000-30,000-23,000-5,000-20,000-16,000-33,000-30,000-27,000-31,000-15,000-32,000-20,60000



Balance Sheet

All numbers in thousands.




Cash Flow

Currency in SEK. All numbers in thousands.




Income Statement

Currency in SEK. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue4,472,000
Cost of Revenue-2,123,000
Gross Profit2,349,0002,349,000
 
Operating Income (+$)
Gross Profit2,349,000
Operating Expense-3,802,000
Operating Income670,000-1,453,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative925,000
Selling And Marketing Expenses0
Operating Expense3,802,000925,000
 
Net Interest Income (+$)
Interest Income0
Interest Expense-74,000
Other Finance Cost-74,000
Net Interest Income0
 
Pretax Income (+$)
Operating Income670,000
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)536,000804,000
EBIT - interestExpense = 596,000
536,000
490,000
Interest Expense74,000
Earnings Before Interest and Taxes (EBIT)670,000610,000
Earnings Before Interest and Taxes (EBITDA)822,000
 
After tax Income (+$)
Income Before Tax536,000
Tax Provision-120,000
Net Income From Continuing Ops416,000416,000
Net Income416,000
Net Income Applicable To Common Shares416,000
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,679,000
Total Other Income/Expenses Net-134,0000
 

Technical Analysis of Nordic Paper Holding AB
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Nordic Paper Holding AB. The general trend of Nordic Paper Holding AB is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Nordic Paper Holding AB's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Nordic Paper Holding AB.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: .

The bearish price targets are: 47.00 > 46.65 > 43.55.

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Nordic Paper Holding AB Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Nordic Paper Holding AB. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Nordic Paper Holding AB Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Nordic Paper Holding AB. The current macd is 2.34776095.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Nordic Paper Holding AB price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Nordic Paper Holding AB. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Nordic Paper Holding AB price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Nordic Paper Holding AB Daily Moving Average Convergence/Divergence (MACD) ChartNordic Paper Holding AB Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Nordic Paper Holding AB. The current adx is 41.38.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Nordic Paper Holding AB shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Nordic Paper Holding AB Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Nordic Paper Holding AB. The current sar is 46.36.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Nordic Paper Holding AB Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Nordic Paper Holding AB. The current rsi is 77.20. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending down: The RSI is trending down. -1
Nordic Paper Holding AB Daily Relative Strength Index (RSI) ChartNordic Paper Holding AB Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Nordic Paper Holding AB. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Nordic Paper Holding AB price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Nordic Paper Holding AB Daily Stochastic Oscillator ChartNordic Paper Holding AB Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Nordic Paper Holding AB. The current cci is 113.51.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Nordic Paper Holding AB Daily Commodity Channel Index (CCI) ChartNordic Paper Holding AB Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Nordic Paper Holding AB. The current cmo is 62.41.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Nordic Paper Holding AB Daily Chande Momentum Oscillator (CMO) ChartNordic Paper Holding AB Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Nordic Paper Holding AB. The current willr is -5.907173.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Nordic Paper Holding AB Daily Williams %R ChartNordic Paper Holding AB Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Nordic Paper Holding AB.

Nordic Paper Holding AB Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Nordic Paper Holding AB. The current atr is 1.37573739.

Nordic Paper Holding AB Daily Average True Range (ATR) ChartNordic Paper Holding AB Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Nordic Paper Holding AB. The current obv is 3,801,800.

Nordic Paper Holding AB Daily On-Balance Volume (OBV) ChartNordic Paper Holding AB Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Nordic Paper Holding AB. The current mfi is 91.93.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
Nordic Paper Holding AB Daily Money Flow Index (MFI) ChartNordic Paper Holding AB Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Nordic Paper Holding AB.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-10RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-09CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-25CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-22MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Nordic Paper Holding AB Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Nordic Paper Holding AB based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5077.201
Ma 20Greater thanMa 5047.278
Ma 50Greater thanMa 10044.957
Ma 100Greater thanMa 20044.163
OpenGreater thanClose53.500
Total5/5 (100.0%)
Penke

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