---
title: International Paper (IP) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/ip
ticker: IP
as_of: 2026-10-17
sector: Basic Materials
industry: Paper, Lumber & Forest Products
---
# International Paper (IP)

International Paper (IP) closed at $34.05 on Oct 16, 2026, undervalued by 37% vs its model value of $54.23 (from its peers' median EV/Revenue).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $34.05 (Oct 16, 2026) |
| Model value (from its peers' median EV/Revenue) | $54.23 |
| Price vs model | undervalued by 37% vs model |
| Range of that model | $47.71 – $56.87 |
| Market value | $18.0B |
| P/E (fiscal 2025) | — |
| Net margin (fiscal 2025) | -14.1% |
| Free cash flow (fiscal 2025) | -$159.0M |
| Dividend yield (trailing twelve months) | 5.43% |
| Beta | 0.89 |
| Cost of capital (WACC) | 7.44% |
| Business classification | Loss-Making (Moderate growth (~12% recent), Currently unprofitable, Strong dividend yield, Highly cyclical earnings, Negative free cash flow) |

## On the stock lists

| List | Place | Figure | Page |
| --- | ---: | ---: | --- |
| Highest dividend yield | #20 | 5.43% | https://sweetvaluelab.com/lists/highest-dividend-yield |

## Dividends

| Figure | Value |
| --- | ---: |
| Trailing dividend yield | 5.43% |
| Dividends per share, last 12 months | $1.85 |
| Coverage | — |
| Raised | — |
| Growth over 5 years | -1.0% a year |
| Latest payment | $0.4625, ex-date Aug 14, 2026, paid Sep 15, 2026 |

| Year of payments | Dividends per share |
| --- | ---: |
| To Aug 13, 2021 | $1.94 |
| To Aug 12, 2022 | $1.85 |
| To Aug 14, 2023 | $1.85 |
| To Aug 15, 2024 | $1.85 |
| To Aug 15, 2025 | $1.85 |
| Trailing twelve months (to Aug 14, 2026) | $1.85 |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| DCF · Perpetuity growth · 5y | primary | $0.00 | $0.00 | $0.00 |
| DCF · Perpetuity growth · 10y | cross check | $0.00 | $0.00 | $0.00 |
| DCF · EBITDA exit · 5y | cross check | $0.00 | $0.00 | $0.00 |
| DCF · EBITDA exit · 10y | cross check | $0.00 | $0.00 | $0.00 |
| EV/EBITDA · peers | cross check | $0.00 | $0.00 | $0.00 |
| EV/Revenue · peers | cross check | $54.23 | $47.71 | $56.87 |
| Earnings power value | cross check | $0.00 | $0.00 | $0.00 |
| Dividend discount | cross check | $0.00 | $0.00 | $0.00 |

## Insider activity (SEC Form 4)

Past 90 days: 0 open-market buys ($0) and 2 open-market sales ($1.2M); 10b5-1 plan sales included.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Oct 1, 2026 | Ryerkerk Lori | Director | Grant / award | 5,952 | $0 |
| Oct 1, 2026 | Collins Katherine | Director | Grant / award | 6,129 | $0 |
| Aug 7, 2026 | Hamic William Thomas | Exec. VP & President | Open-market sell | 24,500 | $1.0M |
| Aug 7, 2026 | Hamic William Thomas | Exec. VP & President | Discretionary transaction | 24,291 | $1.0M |
| Aug 4, 2026 | Goughnour Holly G. | VP & Chief Accounting Officer | Open-market sell | 3,500 | $146,860 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Oct 8, 2026 | 8-K | 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/51434/000005143426000140/ip-20261008.htm |
| Aug 5, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/51434/000005143426000123/ip-20260630.htm |
| Jul 30, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/51434/000005143426000115/ip-20260730.htm |
| Jul 17, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/51434/000005143426000112/ip-20260714.htm |
| May 11, 2026 | 8-K | 5.07 Submission of Matters to a Shareholder Vote | https://www.sec.gov/Archives/edgar/data/51434/000005143426000075/ip-20260511.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Bridgewater | 2026-06-30 | 31,310 | $1.2M |

1 tracked managers in all.

## About

International Paper Company, established in 1898 and headquartered in Memphis, Tennessee, functions as a leading global packaging enterprise. Its extensive operational footprint spans the United States, Europe, the Middle East, Africa, the Pacific Rim, Asia, and various other regions across the Americas. The company's business activities are structured into two principal divisions: Industrial Packaging and Global Cellulose Fibers. The Industrial Packaging segment is dedicated to producing a diverse range of containerboards, which encompass linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. Concurrently, the Global Cellulose Fibers division supplies fluff, market, and specialized pulps. These pulps are integral components for a wide array of products, including absorbent hygiene items such as baby diapers, feminine care, and adult incontinence produc…

---

Source: https://sweetvaluelab.com/stocks/ip (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.