ARDAGH METAL PACKAGING SA (AMBP)
LU2369833749 - Common Stock
Overall AMBP gets a fundamental rating of 2 out of 10. We evaluated AMBP against 23 industry peers in the Containers & Packaging industry. Both the profitability and financial health of AMBP have multiple concerns. AMBP does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
AMBP had positive earnings in the past year.
In the past year AMBP had a positive cash flow from operations.
In multiple years AMBP reported negative net income over the last 5 years.
In the past 5 years AMBP always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of -1.31%, AMBP is doing worse than 78.26% of the companies in the same industry.
With a Return On Equity value of -74.00%, AMBP is not doing good in the industry: 91.30% of the companies in the same industry are doing better.
AMBP's Return On Invested Capital of 3.47% is on the low side compared to the rest of the industry. AMBP is outperformed by 73.91% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AMBP is below the industry average of 8.25%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.31% | ||
| ROE | -74% | ||
| ROIC | 3.47% |
ROA(3y)-0.47%
ROA(5y)0.05%
ROE(3y)-32.59%
ROE(5y)-39.97%
ROIC(3y)4.89%
ROIC(5y)5.11%
1.3 Margins
The Operating Margin of AMBP (3.78%) is worse than 78.26% of its industry peers.
AMBP's Operating Margin has declined in the last couple of years.
AMBP has a Gross Margin of 11.76%. This is amonst the worse of the industry: AMBP underperforms 91.30% of its industry peers.
AMBP's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.78% | ||
| PM (TTM) | N/A | ||
| GM | 11.76% |
OM growth 3Y-17.21%
OM growth 5Y-11.38%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-9.9%
GM growth 5Y-5.82%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AMBP is destroying value.
AMBP has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, AMBP has less shares outstanding
AMBP has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.33, we must say that AMBP is in the distress zone and has some risk of bankruptcy.
AMBP has a Altman-Z score of -0.33. This is amonst the worse of the industry: AMBP underperforms 86.96% of its industry peers.
AMBP has a debt to FCF ratio of 15.06. This is a negative value and a sign of low solvency as AMBP would need 15.06 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 15.06, AMBP is doing worse than 73.91% of the companies in the same industry.
A Debt/Equity ratio of 36.40 is on the high side and indicates that AMBP has dependencies on debt financing.
AMBP has a Debt to Equity ratio of 36.40. This is amonst the worse of the industry: AMBP underperforms 91.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 36.4 | ||
| Debt/FCF | 15.06 | ||
| Altman-Z | -0.33 |
ROIC/WACC0.66
WACC5.28%
2.3 Liquidity
AMBP has a Current Ratio of 0.99. This is a bad value and indicates that AMBP is not financially healthy enough and could expect problems in meeting its short term obligations.
AMBP has a Current ratio of 0.99. This is amonst the worse of the industry: AMBP underperforms 86.96% of its industry peers.
A Quick Ratio of 0.68 indicates that AMBP may have some problems paying its short term obligations.
With a Quick ratio value of 0.68, AMBP is not doing good in the industry: 78.26% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
AMBP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -60.00%.
AMBP shows a small growth in Revenue. In the last year, the Revenue has grown by 2.62%.
The Revenue has been growing slightly by 7.59% on average over the past years.
EPS 1Y (TTM)-60%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-80%
Revenue 1Y (TTM)2.62%
Revenue growth 3Y11.72%
Revenue growth 5Y7.59%
Revenue growth Q2Q5.2%
3.2 Future
AMBP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 36.98% yearly.
Based on estimates for the next years, AMBP will show a small growth in Revenue. The Revenue will grow by 3.22% on average per year.
EPS Next Y25.8%
EPS Next 2Y33.38%
EPS Next 3Y36.98%
EPS Next 5YN/A
Revenue Next Year4.22%
Revenue Next 2Y3.51%
Revenue Next 3Y3.22%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 31.08, AMBP can be considered very expensive at the moment.
Based on the Price/Earnings ratio, AMBP is valued expensively inside the industry as 82.61% of the companies are valued cheaper.
Compared to an average S&P500 Price/Earnings ratio of 25.25, AMBP is valued a bit more expensive.
With a Price/Forward Earnings ratio of 24.71, AMBP is valued on the expensive side.
AMBP's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. AMBP is more expensive than 78.26% of the companies in the same industry.
AMBP is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.67, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.08 | ||
| Fwd PE | 24.71 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, AMBP is valued cheaply inside the industry as 82.61% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.99 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
AMBP's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
AMBP's earnings are expected to grow with 36.98% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.2
PEG (5Y)N/A
EPS Next 2Y33.38%
EPS Next 3Y36.98%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.59%, AMBP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.01, AMBP pays a better dividend. On top of this AMBP pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, AMBP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.59% |
5.2 History
AMBP has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
AMBP has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-355.41%
EPS Next 2Y33.38%
EPS Next 3Y36.98%
ARDAGH METAL PACKAGING SA
NYSE:AMBP (4/24/2024, 7:04:00 PM)
After market: 3.64 -0.09 (-2.41%)3.73
+0.02 (+0.54%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.23B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.59% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.08 | ||
| Fwd PE | 24.71 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.2
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.31% | ||
| ROE | -74% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 3.78% | ||
| PM (TTM) | N/A | ||
| GM | 11.76% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.85
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 36.4 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-60%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y25.8%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)2.62%
Revenue growth 3Y11.72%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y