International Paper Co (IP)
UndervaluedFundamental
46
Price
$32.15
Market Cap
$18.01B
Part 1 · What the company is worth
Overview
International Paper Company produces and sells renewable fiber-based packaging in North America, Latin America, Europe, South America, and North Africa. It operates through two segments, Packaging Solutions North America and Packaging Solutions EMEA. The company offers linerboard, medium, whitetop, and saturating kraft; and converts containerboard into corrugated boxes, bulk bins, shipping containers and specialty packaging through its converting facilities. Its products support customers in various industries, such as food and beverage, agriculture, industrial manufacturing, personal care pharmaceuticals and consumer goods. The company was founded in 1898 and is headquartered in Memphis, Tennessee.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated on September 18, 2026 with claude-haiku-4-5 — shared with all users
The third-largest US containerboard producer, it bids for the same North American corrugated box contracts and sells surplus containerboard into the same domestic market.
Formed by the 2024 Smurfit Kappa–WestRock merger, it is the only other producer with integrated containerboard mills and corrugated box plants across both North America and Europe, selling to the same food, beverage and e-commerce shippers International Paper serves.
A privately held Koch Industries subsidiary with large US containerboard mills and box plants, it competes directly for North American corrugated packaging customers.
A European corrugated and paper-based packaging group whose containerboard and box operations overlap directly with the European business International Paper gained through DS Smith.
A fiber-based packaging producer that competes for the same consumer-goods and food-service accounts, offering paperboard cartons as an alternative to corrugated solutions.
Balance Sheet & Liquidity
Revenue
$24.20B
Trailing 12 months (through 6/30/2026)
Net Income
$-3.44B
Trailing 12 months (through 6/30/2026)
Free Cash Flow
$-159M
Total Equity
$14.83B
Total Liabilities
$23.14B
Current Ratio
1.10
Interest Coverage
-
Debt/EBITDA
2.52
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$87.24
Current Price
$32.15
Margin of Safety
+63.1%
Fair Value Range
$56.70 - $117.77
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
-
ROE
-23.7%
P/B Ratio
1.22
P/FCF
35.70
Gross Margin
29.6%
ROIC
-
Profitability Radar
Value Creation (Economic Moat)
ROIC
-
WACC
7.9%
ROIC − WACC
-
Fundamental Analysis Criteria
Passed (9)
- P/B Ratio 1.22
- Debt/Equity ratio
- Positive Free Cash Flow
- Current Ratio
- Debt/EBITDA
- DCF valuation (Undervalued)
- Revenue Growth 5Y 6.1%
- Analyst Consensus 76% Buy
- Earnings Surprise avg 112.5%
Failed (11)
- EPS shows upward trend
- Price CAGR -3.73%
- Gross Margin 29.6%
- P/FCF 35.70
- CapEx intensity
- Return on Tangible Assets
- Low reliance on intangibles
- ROE -22.4%
- Share Dilution 42.6%
- Net Margin Trend -14.2% vs -0.1%
- Piotroski F-Score 4/9
Unavailable (7)
- ROIC NaN%
- Dividend Payout NaN%
- Operating Margin NaN%
- Interest Coverage
- Price below Graham Number
- PEG Ratio (need PE > 0 and growth > 0)
- Earnings Quality (OCF/Net Income)
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
Low quality: investigate accounting
Share Dilution
Issuing new shares, diluting ownership
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Andrew K. Silvernail | CEO & Chairman | 54 |
| Mr. Lance T. Loeffler | Senior VP & CFO | 48 |
| Mr. Joseph R. Saab | Senior VP, General Counsel & Corporate Secretary | 56 |
| Mr. Timothy S. Nicholls | Executive VP & President of DS Smith | 64 |
| Mr. William Thomas Hamic | EVP & President of North American Packaging Solutions | 59 |
| Michael H. Anderson | VP & Chief Information Officer | - |
| Mandi Gilliland | Senior Director of Investor Relations | - |
| Ms. Melissa S. Flores | Senior Vice President & Chief Human Resources Officer | 42 |
| Ms. Sophie N. Beckham | VP & Chief Sustainability Officer | - |
| Mr. Errol A. Harris | VP & Treasurer | - |
Audit Risk
5
Board Risk
8
Compensation Risk
2
Shareholder Rights Risk
2
Part 2 · The price and when to enter
This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-02-27
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-08-05
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-07-30
via SEC EDGAR
Income History
via SEC EDGAR
Latest News
Recent headlines for IP, sourced from Markets Gazette.
- 4/16/2026POSITIVEInternational Paper Buys Major US Paper Mill In $360 Million Deal
International Paper has announced its acquisition of North Pacific Paper Co. for $360 million, a strategic move aimed at bolstering its presence on the West Coast and increasing its capacity for recycled containerboard production. This acquisition is expected to enhance International Paper's market position in a key region and align with growing demand for sustainable packaging solutions. For investors, this deal signifies a commitment to growth and operational expansion, potentially leading to improved market share and profitability.
via Markets Gazette