profit from every €100 of sales.
€0€100
The Navigator
€3.03-0.13% today
+0.7% in 1 year
1-year low €2.931-year high €3.55
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay €14.88 for every €1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What The Navigator sold, what it kept, and what it did with the cash.
Sales went from €2.46 billion in 2022 to €1.97 billion in 2025, with €145 million of profit last year.
SalesProfit
The Navigator handed back more cash to shareholders than it generated last year.
€175M
Free cash flow 2025€96M
Bought back its own shares–
Paid as dividends€175M
Cash vs. debt€130M vs. €966M
The Navigator vs. similar companies
The Navigator grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
| The Navigator | 14.9× · Cheap | ||
 UPM-Kymmene Oyj | 24.2× · Fair price | ||
 Suzano | 4.9× · Cheap | ||
 Svenska Cellulosa Aktiebolaget SCA (publ) | 26.1× · Fair price | ||
 Shandong Sunpaper | 11.7× · Cheap |
AI analysis
An AI analyst reads The Navigator's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2,465 | 1,953 | 2,088 | 1,970 | |
| 1,548 | 1,072 | 1,207 | 1,084 | |
| 587 | 366 | 381 | 204 | |
| 695 | 514 | 550 | 382 | |
| 393 | 275 | 287 | 145 | |
| 0.55 | 0.39 | 0.40 | 0.20 | |
| 62.8% | 54.9% | 57.8% | 55.0% | |
| 23.8% | 18.7% | 18.2% | 10.4% | |
| 15.9% | 14.1% | 13.7% | 7.3% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 2,912 | 2,809 | 3,353 | 3,189 |
| Cash | 343 | 169 | 287 | 130 |
| Total debt | 787 | 729 | 1,016 | 966 |
| Total liabilities | 1,652 | 1,494 | 1,997 | 1,775 |
| 1,259 | 1,315 | 1,356 | 1,413 | |
| 711 | 711 | 711 | 711 | |
| 20.5% | 14.4% | 12.8% | 6.9% | |
| 31.2% | 20.9% | 21.2% | 10.2% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| – | – | – | – | |
| 124 | 202 | 224 | 237 | |
| 502 | 168 | 187 | 96 | |
| Dividends paid | 132 | 200 | 150 | 175 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 14.9×
- –
- –
- 1.8×
- 1.1×
- 22.4×
- 7.8×
- 4.5%
- 6.7%
- 8.1%
Profitability
- 55.0%
- 10.4%
- 7.3%
- –
- 6.9%
- 13.7%
- –
- –
- –
- –
Growth
- −7.2%
- −28.4%
- –
- –
- +0.0%
Financial health
- 2.2×
- 0.68
- –
- 6.5×
- 1.41
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 46%of 989
Top 49%of 958
Top 30%of 774
Bottom 18%of 935
Top 32%of 990
8.1%of the share price, paid each year
On $1,000 invested$81a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
121.0% of its profit
Room to growStretchedMore than it earns: 182.2%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
50No pass
Benjamin Graham
69Pass
Philip Fisher
45No pass
Peter Lynch
21No pass
Joel Greenblatt
38No pass
Charlie Munger
45No pass
Terry Smith
34No pass
Questions about The Navigator
Is The Navigator a good stock to buy?
A business with weak numbers, and the price looks low. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the The Navigator AI analysis
What does The Navigator do?
The Navigator Company, S.A. manufactures and markets pulp and paper products worldwide. It operates through Market Pulp, UWF Paper, Tissue Paper, Biomass Renewable Energy, and Support segments. It is in Paper & Paper Products, based in Setúbal, Portugal, with 3,932 employees.
Does The Navigator pay a dividend?
Yes. At today's price the dividend is 8.1% a year, about 121% of its yearly profit. In 2025 it paid out €175 million in dividends.
Is The Navigator stock halal?
No. The Navigator does not pass our halal screen: its debt is 45% of its market value, at or above the 33% limit. How we check
How has The Navigator stock done over the past year?
Up 0.7% over the past twelve months, to €3.03. It traded between €2.93 and €3.55 and is 14.9% below its high.
Who are The Navigator's competitors?
The largest listed companies in the same industry are UPM-Kymmene Oyj, Suzano, Svenska Cellulosa Aktiebolaget SCA (publ) and Shandong Sunpaper. The peers table on this page compares their profit, growth and price with The Navigator's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.