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Profile - Sappi Limited (NYSE:SPP)
As of 31-Aug-2001
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Location
48 Ameshoff Street, Braamfontein
Johannesburg 2001, South Africa
Phone: (212) 815-2207
Fax: (212) 571-3050
Email: corporateaffairs@za.sappi.com
Employees (last reported count): 19,276
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Basic Materials
 ·Industry: Paper & Paper Products
Company Website
 ·Home Page

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Ownership
·Insider and 5%+ Owners: 27%
·Institutional: 10% (14% of float)
(72 institutions)
·Net Inst. Buying: 8.85M shares (+26.89%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Sappi Limited is the world's leading producer of coated woodfree paper (which is used in high-quality publications such as annual reports, catalogues, brochures and magazines) and has a 15% share of the world market. Sappi is the largest producer in North America, Europe and Africa producing one in every four sheets of coated woodfree paper in the western world. The Company is also the world's leading producer of dissolving pulp in the world (used typically in the manufacture of viscose textiles) with a market share of 15%. The Company has manufacturing operations on three continents, in eight countries and customers in more than 150 countries. The Company annually produces five million tons of paper and three million tons of pulp. More than 80% of the paper produced is fine paper.
More from Market Guide: Expanded Business Description

Financial Summary
Sappi Limited is a South African-based international forest products company which produces fine paper, commodity products, and pulp. For the nine months ended 6/30/01, revenues fell 8% to $3.19 billion. Net income before U.S. GAAP fell 61% to $91 million. Revenues reflect lower prices and a decrease in the Fine Paper and Forest products segments. Net income reflects an increase in selling, general and administrative expenses.
More from Market Guide: Significant Developments

Officers

Position
Eugene Van As, 62Chairman
Donald WilsonExec. Director Fin.
Monte Haymon, 63Pres and CEO of Sappi Fine Paper North America
John Job, Ph.D.Chairman of Sappi Forest Products, Director
Wolfgang Pfarl, 57CEO of Sappi Fine Paper Europe
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NYSE:SPPAs of 31-Aug-2001
Price and Volume
52-Week Low
on 18-Oct-2000
$5.75 
Recent Price$10.36 
52-Week High
on 21-May-2001
$10.37 
Beta0.67 
Daily Volume (3-month avg)302.7K
Daily Volume (10-day avg)276.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y]
52-Week Change+18.4%
52-Week Change
relative to S&P500
+58.8%
Share-Related Items
Market Capitalization$2.38B
Shares Outstanding229.9M
Float167.8M
Dividends & Splits
Annual Dividendnone 
Last Split: 10 for 1 on 27-Oct-1999
Per-Share Data
Book Value (mrq)$6.42 
Earnings (ttm)$0.90 
Earnings (mrq)-$0.29 
Sales (ttm)$18.52 
Cash (mrq)$0.95 
Valuation Ratios
Price/Book (mrq)1.61 
Price/Earnings (ttm)11.46 
Price/Sales (ttm)0.56 
Income Statements
Sales (ttm)$4.43B
EBITDA (ttm)$385.6M
Income available to common (ttm)$219.6M
Profitability
Profit Margin (ttm)5.1%
Operating Margin (ttm)12.5%
Fiscal Year
Fiscal Year EndsSep 30
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)4.72%
Return on Equity (ttm)13.65%
Financial Strength
Current Ratio (mrq)1.05 
Debt/Equity (mrq)1.00 
Total Cash (mrq)$219.0M
Short Interest
As of 8-Aug-2001
Shares Short348.0K
Percent of Float0.2%
Shares Short
(Prior Month)
481.0K
Short Ratio1.26 
Daily Volume276.0K
ADR Information
Shares/ADR1
See Profile Help for a description of each item above;   K = thousands;   M = millions;   B = billions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

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