Table of Contents :
• Stock Rating & Target Price
• Investment Thesis
• Fundamental Models Used
• Company Description
• Corporate Timeline
• Key Metrics (KPI ) and Recently Reported Earnings Review
• Business Highlights, Strategic Announcements & Outlook
• Quarter-over-Quarter (Q-o-Q) and Year-over-Year (Y-o-Y) Growth Analysis
• Key Catalysts Driving Growth
• Historical Financial Statement Analysis & CAGR Trends
• Quarterly Key Financial Ratios and Performance Metrics
• Annual Financial Performance Analysis: Horizontal and Vertical Financial Analysis, Trends
• Financial Forecasts
• Annual Forecasts: Income Statement
• Annual Forecasts: Cash Flow Statements
• Net Debt Levels
• A Closer Look at DCF: Our Assumptions and Methodology
• Terminal Value Calculation
• Target Price Analysis
• Valuation Multiples
• Supplementary Valuation Analysis: Multiples Approach
• Scenario/Sensitivity Analysis – Base Case , Bull Case ,Bear Case
• Holistic Peer Review & Trading Comps: Financial Data, Operational Metrics, and Valuation Multiples
• Implied Price Per Share
• Ownership Activity/ Insider Trades
• Ownership Summary
• An analysis of ESG Risk Rating
• Key Professionals
• Key Board Members
• Key Risks Considerations
• Analyst Ratings
• Analyst Industry Views
• Disclosures
International Paper: Can the DS Smith Acquisition and These Overhaul Strategies Ensure LT Profitability and Unlock Value?
Initiation of Coverage : International Paper Company, a producer and seller of renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa, operates through two segments, Industrial Packaging and Global Cellulose Fibers. In its most recent reported second quarter earnings, it showcased adjusted operating earnings per share of $0.55, a significant increase from $0.17 in the first quarter. This improvement was driven by higher sales and better selling prices across the portfolio, as well as seasonally higher box volumes. However, IP's packaging volumes lagged behind market expectations, reflecting ongoing challenges. The company's capital allocation over the past decade included $35 billion spent on dividends, share repurchases, acquisitions, and CapEx, but these investments have not generated the expected returns. The second quarter saw a sequential improvement in earnings, but year-over-year results remained relatively unchanged. Price and mix contributed $0.23 per share, while volume added $0.06 per share. Operations and costs had a negative impact of $0.01 per share, with maintenance outages and input costs remaining stable.
