Vintage Santa Ornament with Animals Paper Mache?

Sweet vintage two-sided ornament shows Santa with forest wild life animals, approx 4 " in length, this oval ornament feels like it may be paper mache over a very light plastic? The image appears to be decoupaged on. It has gold trimming around the edge of the ornament, plastic embellishments at the top and a red cord hanger. An adorable addition to your vintage Christmas collection!