Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Arctic Paper S.A. is a leading European producer of high-quality graphical fine paper and pulp products, operating through three mills in Sweden and Poland. The company specializes in premium uncoated and coated wood-free papers, wood-containing papers, packaging papers, and various pulps, serving printing houses, publishers, distributors, and advertising industries across Poland, Germany, France, the United Kingdom, Scandinavia, and other regions in Western, Central, and Eastern Europe, as well as internationally. Its renowned brands include Munken, Arctic Volume, G, and Amber, known for quality, design versatility, and sustainable production processes, with most grades FSC-certified to minimize environmental impact. Arctic Paper S.A. also engages in energy generation, heat production, hydro power, and owns a majority stake in Swedish pulp producer Rottneros AB, diversifying into packaging and logistics services. Founded with roots tracing back to 1740 at its Grycksbo mill, headquartered in Kostrzyn nad Odrą, Poland, the company upholds centuries-old papermaking craftsmanship while prioritizing eco-friendly innovation and efficiency in niche markets. With around 1,500 employees, it delivers over 600,000 tonnes annually, playing a key role in the paper products sector.
PLN 1.30
+PLN 0.01 (+1.09%)
EOD Jun 25, 2026 · Twelve Data
The business is unprofitable at the operating level (-5.27% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 6.9% YoY. Margins deteriorated 9.7pp alongside, both lines moving the wrong way.
ROIC dropped from 6.46% to -6.67%, capital efficiency is deteriorating. Negative free cash flow of -PLN 182M. The business is consuming cash, not generating it.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
PLN 3.19B
▼ -6.9% YoY
Net Income (TTM)
-PLN 185M
▼ -208.9% YoY
Op. Margin
-5.10%
▼ -9.7pp YoY
ROIC
-6.67%
▼ -13.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-PLN 138M
▲ +22.4% YoY
Op. Cash Flow (TTM)
PLN 64M
▼ -135.7% YoY
Net Debt
PLN 122M
Cash & Equiv.
PLN 153M
3Y CAGR: -13.2%
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Arctic Paper (ARP.XSTO)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Arctic Paper scores 10/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full . This is analysis, not investment advice.
Arctic Paper scores 10 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -5.1% operating margin and a -6.7% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. you should weigh ARP.XSTO's valuation and scores 10/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.