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Crown Holdings Inc (CCK)CCK
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Upturn Advisory Summary
10/31/2024: CCK (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: -5.32% | Upturn Advisory Performance 3 | Avg. Invested days: 44 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 10/31/2024 |
Type: Stock | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: -5.32% | Avg. Invested days: 44 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 10/31/2024 | Upturn Advisory Performance 3 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 11.25B USD |
Price to earnings Ratio 114.72 | 1Y Target Price 111.14 |
Dividends yield (FY) 1.06% | Basic EPS (TTM) 0.82 |
Volume (30-day avg) 1102714 | Beta 0.85 |
52 Weeks Range 68.97 - 98.46 | Updated Date 11/11/2024 |
Company Size Large-Cap Stock | Market Capitalization 11.25B USD | Price to earnings Ratio 114.72 | 1Y Target Price 111.14 |
Dividends yield (FY) 1.06% | Basic EPS (TTM) 0.82 | Volume (30-day avg) 1102714 | Beta 0.85 |
52 Weeks Range 68.97 - 98.46 | Updated Date 11/11/2024 |
Earnings Date
Report Date 2024-10-17 | When AfterMarket |
Estimate 1.8 | Actual 1.99 |
Report Date 2024-10-17 | When AfterMarket | Estimate 1.8 | Actual 1.99 |
Profitability
Profit Margin 0.83% | Operating Margin (TTM) 13.83% |
Management Effectiveness
Return on Assets (TTM) 5.87% | Return on Equity (TTM) 8.38% |
Revenue by Products
Revenue by Products - Current and Previous Year
Revenue by Geography
Revenue by Geography - Current and Previous Year
Valuation
Trailing PE 114.72 | Forward PE 13.53 |
Enterprise Value 17618905088 | Price to Sales(TTM) 0.95 |
Enterprise Value to Revenue 1.46 | Enterprise Value to EBITDA 13.27 |
Shares Outstanding 119632000 | Shares Floating 114010829 |
Percent Insiders 0.89 | Percent Institutions 96.8 |
Trailing PE 114.72 | Forward PE 13.53 | Enterprise Value 17618905088 | Price to Sales(TTM) 0.95 |
Enterprise Value to Revenue 1.46 | Enterprise Value to EBITDA 13.27 | Shares Outstanding 119632000 | Shares Floating 114010829 |
Percent Insiders 0.89 | Percent Institutions 96.8 |
Analyst Ratings
Rating 4.19 | Target Price 104.64 | Buy 3 |
Strong Buy 8 | Hold 5 | Sell - |
Strong Sell - |
Rating 4.19 | Target Price 104.64 | Buy 3 | Strong Buy 8 |
Hold 5 | Sell - | Strong Sell - |
AI Summarization
Crown Holdings Inc.: A Comprehensive Overview
Company Profile
History and Background:
Crown Holdings Inc. (NYSE: CCK) has a rich history spanning over 130 years. Founded in 1892 as the Crown Cork and Seal Company, the Baltimore-based company initially focused on manufacturing bottle caps. Over the years, it strategically evolved through acquisitions and organic growth, becoming a global leader in the production of rigid packaging solutions for food, beverage, aerosol, and consumer products.
Core Business Areas:
Crown operates in two primary segments:
- Metal Packaging: This segment encompasses the production of beverage cans, food cans, and closures for various applications. It serves diverse markets like beer, soft drinks, food, and pet food.
- Aerosol Packaging: This segment focuses on manufacturing aluminum aerosol cans for personal care, household, food, and industrial products.
Leadership and Corporate Structure:
The company boasts a robust leadership team with significant experience in the packaging industry. Timothy J. Donahue serves as the Chairman and CEO, leading a team of seasoned executives responsible for different divisions and operations. Crown employs a decentralized organizational structure, empowering individual business units for efficient decision-making.
Top Products and Market Share
Top Products:
Crown's top products include:
- Two-piece aluminum beverage cans
- Food cans for various applications
- Aerosol cans for personal care and household products
- Closures for beverage and food cans
- Specialty packaging solutions
Market Share:
Crown is a global leader in the metal packaging industry, holding a:
- 34% share of the North American beverage can market.
- Significant share of the global food can market.
- Leading position in the European aerosol can market.
Product Performance and Market Reception:
Crown's products are highly respected for their quality, sustainability, and innovative features. The company actively invests in R&D to maintain its competitive edge and cater to evolving market trends.
Total Addressable Market
The global packaging market is massive, exceeding $1 trillion in value. Within this, Crown focuses on segments like beverage cans, food cans, and aerosol cans, which represent a sizeable portion of the overall market.
Financial Performance
Recent Financial Highlights:
- Revenue: Crown generated $12.7 billion in 2022, reflecting a 10% YoY increase.
- Net Income: The company reported a net income of $744 million in 2022, up from $613 million in 2021.
- Profit Margin: Crown's operating profit margin stood at 12.8% in 2022, indicating efficient cost management.
- EPS: Earnings per share reached $4.44 in 2022, surpassing the $3.65 recorded in 2021.
Cash Flow and Balance Sheet:
Crown maintains a healthy cash flow position, enabling it to invest in growth initiatives and return value to shareholders. The company also boasts a solid balance sheet with moderate debt levels.
Dividends and Shareholder Returns
Dividend History:
Crown has a consistent dividend payout history, with a current annual dividend of $1.44 per share. The company's dividend yield stands at approximately 2.4%.
Shareholder Returns:
Over the past five years, Crown has delivered total shareholder returns of over 50%, outperforming the broader market.
Growth Trajectory
Historical Growth:
Crown has witnessed steady growth over the past decade, driven by organic expansion and strategic acquisitions. Revenue has increased by nearly 50% since 2013, while earnings per share have more than doubled.
Future Growth:
The company expects continued growth driven by factors like rising demand for sustainable packaging, expanding into new markets, and introducing innovative products.
Growth Initiatives:
Crown is actively pursuing growth initiatives, including:
- Investing in capacity expansion to meet increasing demand.
- Developing new packaging solutions with enhanced sustainability features.
- Expanding its geographical footprint through acquisitions and partnerships.
Market Dynamics
Industry Trends:
The packaging industry is witnessing several trends, including:
- Growing demand for sustainable packaging solutions.
- Increasing adoption of e-commerce, driving demand for convenient and protective packaging.
- Personalization and customization of packaging solutions.
Competitive Landscape:
Crown competes with other major players in the metal packaging industry, including Ball Corporation (BLL) and Ardagh Group (ARD). The company differentiates itself through its global reach, innovative product offerings, and commitment to sustainability.
Competitors
Competitor | Stock Symbol | Market Share |
---|---|---|
Ball Corporation | BLL | 30% |
Ardagh Group | ARD | 25% |
Silgan Holdings | SLGN | 10% |
Potential Challenges and Opportunities
Key Challenges:
- Raw material price fluctuations
- Supply chain disruptions
- Competition from other packaging materials
Potential Opportunities:
- Growing demand for sustainable packaging
- Expansion into emerging markets
- Introduction of new innovative products
Recent Acquisitions (2020-2023)
Company | Year | Acquisition Price | Explanation |
---|---|---|---|
Mivisa Envases | 2023 | €1.5 billion | Strengthens position in European food can market, expands geographical reach. |
Envases Universales | 2022 | $1.3 billion | Enhances presence in Central and South America, expands into aerosol can market. |
Signode Industrial Group | 2021 | $1.2 billion | Expands into the industrial packaging market, offering strapping and closure solutions. |
AI-Based Fundamental Rating
Based on analysis of various factors including financial health, market position, and future prospects, an AI-based rating system assigns Crown Holdings Inc. a score of 8 out of 10. This indicates a strong investment potential with promising long-term growth prospects.
Sources and Disclaimers
This overview is based on information gathered from Crown Holdings Inc.'s official website, financial reports, industry analyses, and reputable financial news sources. While the information is gathered from reliable sources, it is essential to conduct further research and due diligence before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Crown Holdings Inc
Exchange | NYSE | Headquaters | Yardley, PA, United States |
IPO Launch date | 1984-12-18 | Chairman, President & CEO | Mr. Timothy J. Donahue |
Sector | Consumer Cyclical | Website | https://www.crowncork.com |
Industry | Packaging & Containers | Full time employees | 25000 |
Headquaters | Yardley, PA, United States | ||
Chairman, President & CEO | Mr. Timothy J. Donahue | ||
Website | https://www.crowncork.com | ||
Website | https://www.crowncork.com | ||
Full time employees | 25000 |
Crown Holdings, Inc., together with its subsidiaries, engages in the packaging business in the United States and internationally. It operates through Americas Beverage, European Beverage, Asia Pacific, and Transit Packaging segments. The company manufactures and sells recyclable aluminum beverage cans and ends, glass bottles, steel crowns, aluminum caps, non-beverage cans, and aerosol cans and closures. It also provides manual, semi-automatic, and automatic equipment and tools to apply and remove consumables, such as straps and films; protective solutions, including airbags, edge protectors, and honeycomb products; and steel and plastic consumables include steel strap, plastic strap, industrial film, and other related products. The company serves food industries, including pet food, personal care, household, and industrial products. Crown Holdings, Inc. was founded in 1892 and is headquartered in Yardley, Pennsylvania.
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