APTARGROUP INC (ATR) Stock Fundamental Analysis
NYSE:ATR - New York Stock Exchange, Inc. - US0383361039 - Common Stock - Currency: USD
Overall ATR gets a fundamental rating of 6 out of 10. We evaluated ATR against 22 industry peers in the Containers & Packaging industry. ATR has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. ATR is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year ATR was profitable.
ATR had a positive operating cash flow in the past year.
In the past 5 years ATR has always been profitable.
In the past 5 years ATR always reported a positive cash flow from operatings.
1.2 Ratios
ATR's Return On Assets of 8.18% is amongst the best of the industry. ATR outperforms 90.91% of its industry peers.
Looking at the Return On Equity, with a value of 14.59%, ATR is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
The Return On Invested Capital of ATR (11.39%) is better than 86.36% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ATR is above the industry average of 7.58%.
The 3 year average ROIC (10.32%) for ATR is below the current ROIC(11.39%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.18% | ||
| ROE | 14.59% | ||
| ROIC | 11.39% |
ROA(3y)6.84%
ROA(5y)6.36%
ROE(3y)13.05%
ROE(5y)12.62%
ROIC(3y)10.32%
ROIC(5y)9.7%
1.3 Margins
ATR has a Profit Margin of 10.42%. This is amongst the best in the industry. ATR outperforms 100.00% of its industry peers.
In the last couple of years the Profit Margin of ATR has grown nicely.
ATR has a Operating Margin of 14.33%. This is amongst the best in the industry. ATR outperforms 90.91% of its industry peers.
ATR's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 38.24%, ATR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
ATR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.33% | ||
| PM (TTM) | 10.42% | ||
| GM | 38.24% |
OM growth 3Y7.03%
OM growth 5Y0.47%
PM growth 3Y11.39%
PM growth 5Y4.3%
GM growth 3Y1.82%
GM growth 5Y0.74%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ATR is creating some value.
Compared to 1 year ago, ATR has more shares outstanding
The number of shares outstanding for ATR has been increased compared to 5 years ago.
Compared to 1 year ago, ATR has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.08 indicates that ATR is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 5.08, ATR belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
The Debt to FCF ratio of ATR is 2.83, which is a good value as it means it would take ATR, 2.83 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ATR (2.83) is better than 100.00% of its industry peers.
ATR has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
ATR's Debt to Equity ratio of 0.28 is amongst the best of the industry. ATR outperforms 95.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 2.83 | ||
| Altman-Z | 5.08 |
ROIC/WACC1.34
WACC8.47%
2.3 Liquidity
ATR has a Current Ratio of 1.25. This is a normal value and indicates that ATR is financially healthy and should not expect problems in meeting its short term obligations.
ATR has a Current ratio (1.25) which is in line with its industry peers.
ATR has a Quick Ratio of 1.25. This is a bad value and indicates that ATR is not financially healthy enough and could expect problems in meeting its short term obligations.
ATR has a Quick ratio of 0.85. This is comparable to the rest of the industry: ATR outperforms 50.00% of its industry peers.
The current and quick ratio evaluation for ATR is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.25 | ||
| Quick Ratio | 0.85 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.63% over the past year.
ATR shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.38% yearly.
The Revenue has been growing slightly by 0.34% in the past year.
ATR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.61% yearly.
EPS 1Y (TTM)9.63%
EPS 3Y13.38%
EPS 5Y7.38%
EPS Q2Q%-4.76%
Revenue 1Y (TTM)0.34%
Revenue growth 3Y3.55%
Revenue growth 5Y4.61%
Sales Q2Q%-3.07%
3.2 Future
Based on estimates for the next years, ATR will show a small growth in Earnings Per Share. The EPS will grow by 5.71% on average per year.
Based on estimates for the next years, ATR will show a small growth in Revenue. The Revenue will grow by 6.17% on average per year.
EPS Next Y5.78%
EPS Next 2Y7.75%
EPS Next 3Y9.33%
EPS Next 5Y5.71%
Revenue Next Year3.17%
Revenue Next 2Y4.2%
Revenue Next 3Y4.96%
Revenue Next 5Y6.17%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 28.53, ATR can be considered very expensive at the moment.
77.27% of the companies in the same industry are cheaper than ATR, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.53, ATR is valued at the same level.
With a Price/Forward Earnings ratio of 24.31, ATR is valued on the expensive side.
Based on the Price/Forward Earnings ratio, ATR is valued a bit more expensive than 77.27% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ATR to the average of the S&P500 Index (36.71), we can say ATR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.53 | ||
| Fwd PE | 24.31 |
4.2 Price Multiples
ATR's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. ATR is more expensive than 72.73% of the companies in the same industry.
63.64% of the companies in the same industry are more expensive than ATR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.53 | ||
| EV/EBITDA | 14.16 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ATR does not grow enough to justify the current Price/Earnings ratio.
ATR has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)4.94
PEG (5Y)3.86
EPS Next 2Y7.75%
EPS Next 3Y9.33%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.15%, ATR has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.95, ATR is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.34, ATR's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.15% |
5.2 History
The dividend of ATR has a limited annual growth rate of 3.89%.
ATR has been paying a dividend for at least 10 years, so it has a reliable track record.
ATR has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.89%
Div Incr Years31
Div Non Decr Years31
5.3 Sustainability
31.58% of the earnings are spent on dividend by ATR. This is a low number and sustainable payout ratio.
The dividend of ATR is growing, but earnings are growing more, so the dividend growth is sustainable.
DP31.58%
EPS Next 2Y7.75%
EPS Next 3Y9.33%
159.17
+3.72 (+2.39%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners95.92%
Inst Owner Change-0.37%
Ins Owners0.8%
Ins Owner Change3.36%
Market Cap10.51B
Analysts85.45
Price Target174.93 (9.9%)
Short Float %1.52%
Short Ratio2.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.15% |
Yearly Dividend1.72
Dividend Growth(5Y)3.89%
DP31.58%
Div Incr Years31
Div Non Decr Years31
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.84%
Min EPS beat(2)2.87%
Max EPS beat(2)18.81%
EPS beat(4)3
Avg EPS beat(4)6.36%
Min EPS beat(4)-0.12%
Max EPS beat(4)18.81%
EPS beat(8)7
Avg EPS beat(8)7.12%
EPS beat(12)10
Avg EPS beat(12)6.34%
EPS beat(16)11
Avg EPS beat(16)4.3%
Revenue beat(2)0
Avg Revenue beat(2)-1.86%
Min Revenue beat(2)-2.24%
Max Revenue beat(2)-1.47%
Revenue beat(4)0
Avg Revenue beat(4)-2.39%
Min Revenue beat(4)-3.44%
Max Revenue beat(4)-1.47%
Revenue beat(8)1
Avg Revenue beat(8)-1.65%
Revenue beat(12)4
Avg Revenue beat(12)-0.83%
Revenue beat(16)8
Avg Revenue beat(16)-0.03%
PT rev (1m)0.78%
PT rev (3m)-0.39%
EPS NQ rev (1m)-0.11%
EPS NQ rev (3m)10.64%
EPS NY rev (1m)0.11%
EPS NY rev (3m)6.17%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)3.72%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)1.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.53 | ||
| Fwd PE | 24.31 | ||
| P/S | 2.96 | ||
| P/FCF | 29.53 | ||
| P/OCF | 16.58 | ||
| P/B | 4.14 | ||
| P/tB | 7.88 | ||
| EV/EBITDA | 14.16 |
EPS(TTM)5.58
EY3.51%
EPS(NY)6.55
Fwd EY4.11%
FCF(TTM)5.39
FCFY3.39%
OCF(TTM)9.6
OCFY6.03%
SpS53.83
BVpS38.42
TBVpS20.19
PEG (NY)4.94
PEG (5Y)3.86
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.18% | ||
| ROE | 14.59% | ||
| ROCE | 15.35% | ||
| ROIC | 11.39% | ||
| ROICexc | 11.85% | ||
| ROICexgc | 18.53% | ||
| OM | 14.33% | ||
| PM (TTM) | 10.42% | ||
| GM | 38.24% | ||
| FCFM | 10.01% |
ROA(3y)6.84%
ROA(5y)6.36%
ROE(3y)13.05%
ROE(5y)12.62%
ROIC(3y)10.32%
ROIC(5y)9.7%
ROICexc(3y)10.97%
ROICexc(5y)10.33%
ROICexgc(3y)17.95%
ROICexgc(5y)17.23%
ROCE(3y)13.65%
ROCE(5y)12.84%
ROICexcg growth 3Y5.78%
ROICexcg growth 5Y-0.35%
ROICexc growth 3Y9.34%
ROICexc growth 5Y0.75%
OM growth 3Y7.03%
OM growth 5Y0.47%
PM growth 3Y11.39%
PM growth 5Y4.3%
GM growth 3Y1.82%
GM growth 5Y0.74%
F-Score7
Asset Turnover0.79
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 2.83 | ||
| Debt/EBITDA | 0.93 | ||
| Cap/Depr | 104.82% | ||
| Cap/Sales | 7.82% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 81.82% | ||
| Profit Quality | 96.14% | ||
| Current Ratio | 1.25 | ||
| Quick Ratio | 0.85 | ||
| Altman-Z | 5.08 |
F-Score7
WACC8.47%
ROIC/WACC1.34
Cap/Depr(3y)124.89%
Cap/Depr(5y)124.02%
Cap/Sales(3y)8.95%
Cap/Sales(5y)9%
Profit Quality(3y)83.88%
Profit Quality(5y)84.61%
High Growth Momentum
Growth
EPS 1Y (TTM)9.63%
EPS 3Y13.38%
EPS 5Y7.38%
EPS Q2Q%-4.76%
EPS Next Y5.78%
EPS Next 2Y7.75%
EPS Next 3Y9.33%
EPS Next 5Y5.71%
Revenue 1Y (TTM)0.34%
Revenue growth 3Y3.55%
Revenue growth 5Y4.61%
Sales Q2Q%-3.07%
Revenue Next Year3.17%
Revenue Next 2Y4.2%
Revenue Next 3Y4.96%
Revenue Next 5Y6.17%
EBIT growth 1Y8.56%
EBIT growth 3Y10.83%
EBIT growth 5Y5.11%
EBIT Next Year68.05%
EBIT Next 3Y24.9%
EBIT Next 5Y17.05%
FCF growth 1Y117.31%
FCF growth 3Y84.62%
FCF growth 5Y5.48%
OCF growth 1Y30.74%
OCF growth 3Y20.98%
OCF growth 5Y4.57%