🚀 VC round data is live in beta, check it out!
- Public Comps
- Billerud
Billerud Valuation Multiples
Discover revenue and EBITDA valuation multiples for Billerud and similar public comparables like Semapa, Celulosa Argentina, Lee & Man Paper, Sylvamo and more.
Billerud Overview
About Billerud
Billerud AB produces a variety of packaging, paper, and board products. Its product offerings include Cartonboard, Sack Paper, Coated Web, Hardwood Pulp, and Containerboard among others. Billerud organizes itself into three segments: Region Europe which also generates key revenue, Region North America, and Solutions and Other.
Founded
2012
HQ

Employees
5.8K
Website
Sectors
Financials (LTM)
EV
$3B
Billerud Financials
Billerud reported last 12-month revenue of $4B and EBITDA of $455M.
In the same LTM period, Billerud generated $523M in gross profit, $455M in EBITDA, and $81M in net income.
Revenue (LTM)
Billerud P&L
In the most recent fiscal year, Billerud reported revenue of $5B and EBITDA of $463M.
Billerud expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $4B | XXX | $5B | XXX | XXX | XXX |
| Gross Profit | $523M | XXX | $2B | XXX | XXX | XXX |
| Gross Margin | 12% | XXX | 46% | XXX | XXX | XXX |
| EBITDA | $455M | XXX | $463M | XXX | XXX | XXX |
| EBITDA Margin | 10% | XXX | 10% | XXX | XXX | XXX |
| EBIT Margin | 3% | XXX | 3% | XXX | XXX | XXX |
| Net Profit | $81M | XXX | $81M | XXX | XXX | XXX |
| Net Margin | 2% | XXX | 2% | XXX | XXX | XXX |
| Net Debt | — | — | $608M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Billerud Stock Performance
Billerud has current market cap of $2B, and enterprise value of $3B.
Market Cap Evolution
Billerud's stock price is $8.21.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $3B | $2B | -1.0% | XXX | XXX | XXX | $0.33 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialBillerud Valuation Multiples
Billerud trades at 0.6x EV/Revenue multiple, and 6.0x EV/EBITDA.
EV / Revenue (LTM)
Billerud Financial Valuation Multiples
As of April 21, 2026, Billerud has market cap of $2B and EV of $3B.
Equity research analysts estimate Billerud's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Billerud has a P/E ratio of 25.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV/Revenue | 0.6x | XXX | 0.6x | XXX | XXX | XXX |
| EV/EBITDA | 6.0x | XXX | 5.8x | XXX | XXX | XXX |
| EV/EBIT | 19.7x | XXX | 19.3x | XXX | XXX | XXX |
| EV/Gross Profit | 5.2x | XXX | 1.3x | XXX | XXX | XXX |
| P/E | 25.2x | XXX | 25.2x | XXX | XXX | XXX |
| EV/FCF | 33.2x | XXX | 47.7x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Billerud Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Billerud Margins & Growth Rates
Billerud's revenue in the last 12 month declined by (4%).
Billerud's revenue per employee in the last FY averaged $0.8M, while opex per employee averaged $0.3M for the same period.
Billerud's rule of 40 is 7% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Billerud's rule of X is 2% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Billerud Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (4%) | XXX | (7%) | XXX | XXX | XXX |
| EBITDA Margin | 10% | XXX | 10% | XXX | XXX | XXX |
| EBITDA Growth | 4% | XXX | (6%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 7% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 2% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.8M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 44% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Billerud Public Comps
See public comps and valuation multiples for other Paper & Forest Products comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Billerud | XXX | XXX | XXX | XXX | XXX | XXX |
| Semapa | XXX | XXX | XXX | XXX | XXX | XXX |
| Celulosa Argentina | XXX | XXX | XXX | XXX | XXX | XXX |
| Lee & Man Paper | XXX | XXX | XXX | XXX | XXX | XXX |
| Sylvamo | XXX | XXX | XXX | XXX | XXX | XXX |
| Aditya Birla Real Estate | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Billerud M&A Activity
Billerud acquired XXX companies to date.
Last acquisition by Billerud was on XXXXXXXX, XXXXX. Billerud acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Billerud
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialBillerud Investment Activity
Billerud invested in XXX companies to date.
Billerud made its latest investment on XXXXXXXX, XXXXX. Billerud invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Billerud
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Billerud
| When was Billerud founded? | Billerud was founded in 2012. |
| Where is Billerud headquartered? | Billerud is headquartered in Sweden. |
| How many employees does Billerud have? | As of today, Billerud has over 5K employees. |
| Who is the CEO of Billerud? | Billerud's CEO is Ivar Vatne. |
| Is Billerud publicly listed? | Yes, Billerud is a public company listed on Nasdaq Stockholm. |
| What is the stock symbol of Billerud? | Billerud trades under BILL ticker. |
| When did Billerud go public? | Billerud went public in 2001. |
| Who are competitors of Billerud? | Billerud main competitors are Semapa, Celulosa Argentina, Lee & Man Paper, Sylvamo. |
| What is the current market cap of Billerud? | Billerud's current market cap is $2B. |
| What is the current revenue of Billerud? | Billerud's last 12 months revenue is $4B. |
| What is the current revenue growth of Billerud? | Billerud revenue growth (NTM/LTM) is (4%). |
| What is the current EV/Revenue multiple of Billerud? | Current revenue multiple of Billerud is 0.6x. |
| Is Billerud profitable? | Yes, Billerud is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Billerud? | Billerud's last 12 months EBITDA is $455M. |
| What is Billerud's EBITDA margin? | Billerud's last 12 months EBITDA margin is 10%. |
| What is the current EV/EBITDA multiple of Billerud? | Current EBITDA multiple of Billerud is 6.0x. |
| What is the current FCF of Billerud? | Billerud's last 12 months FCF is $82M. |
| What is Billerud's FCF margin? | Billerud's last 12 months FCF margin is 2%. |
| What is the current EV/FCF multiple of Billerud? | Current FCF multiple of Billerud is 33.2x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.