CROWN HOLDINGS INC (CCK) Stock Fundamental Analysis
NYSE:CCK - New York Stock Exchange, Inc. - US2283681060 - Common Stock - Currency: USD
Overall CCK gets a fundamental rating of 5 out of 10. We evaluated CCK against 22 industry peers in the Containers & Packaging industry. While CCK has a great profitability rating, there are quite some concerns on its financial health. CCK has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
CCK had positive earnings in the past year.
In the past year CCK had a positive cash flow from operations.
Of the past 5 years CCK 4 years were profitable.
Each year in the past 5 years CCK had a positive operating cash flow.
1.2 Ratios
The Return On Assets of CCK (3.85%) is better than 68.18% of its industry peers.
The Return On Equity of CCK (19.27%) is better than 86.36% of its industry peers.
Looking at the Return On Invested Capital, with a value of 11.67%, CCK belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CCK is above the industry average of 7.54%.
The last Return On Invested Capital (11.67%) for CCK is above the 3 year average (9.67%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.85% | ||
| ROE | 19.27% | ||
| ROIC | 11.67% |
ROA(3y)3.71%
ROA(5y)2.11%
ROE(3y)24.46%
ROE(5y)14.09%
ROIC(3y)9.67%
ROIC(5y)9.08%
1.3 Margins
The Profit Margin of CCK (4.64%) is better than 63.64% of its industry peers.
In the last couple of years the Profit Margin of CCK has declined.
The Operating Margin of CCK (13.58%) is better than 86.36% of its industry peers.
In the last couple of years the Operating Margin of CCK has grown nicely.
The Gross Margin of CCK (22.30%) is better than 63.64% of its industry peers.
CCK's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.58% | ||
| PM (TTM) | 4.64% | ||
| GM | 22.3% |
OM growth 3Y2.61%
OM growth 5Y3.95%
PM growth 3YN/A
PM growth 5Y-7.6%
GM growth 3Y1.2%
GM growth 5Y0.72%
2. Health
2.1 Basic Checks
CCK has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
CCK has less shares outstanding than it did 1 year ago.
CCK has less shares outstanding than it did 5 years ago.
CCK has a better debt/assets ratio than last year.
2.2 Solvency
CCK has a debt to FCF ratio of 6.50. This is a slightly negative value and a sign of low solvency as CCK would need 6.50 years to pay back of all of its debts.
CCK has a better Debt to FCF ratio (6.50) than 86.36% of its industry peers.
CCK has a Debt/Equity ratio of 2.01. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 2.01, CCK is doing worse than 68.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.01 | ||
| Debt/FCF | 6.5 | ||
| Altman-Z | N/A |
ROIC/WACC1.64
WACC7.1%
2.3 Liquidity
A Current Ratio of 1.06 indicates that CCK should not have too much problems paying its short term obligations.
With a Current ratio value of 1.06, CCK is not doing good in the industry: 77.27% of the companies in the same industry are doing better.
CCK has a Quick Ratio of 1.06. This is a bad value and indicates that CCK is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.69, CCK is not doing good in the industry: 81.82% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 27.59% over the past year.
Measured over the past 5 years, CCK shows a small growth in Earnings Per Share. The EPS has been growing by 4.64% on average per year.
Looking at the last year, CCK shows a small growth in Revenue. The Revenue has grown by 2.23% in the last year.
The Revenue has been growing slightly by 4.30% on average over the past years.
EPS 1Y (TTM)27.59%
EPS 3Y-5.77%
EPS 5Y4.64%
EPS Q2Q%18.78%
Revenue 1Y (TTM)2.23%
Revenue growth 3Y1.18%
Revenue growth 5Y4.3%
Sales Q2Q%3.59%
3.2 Future
Based on estimates for the next years, CCK will show a small growth in Earnings Per Share. The EPS will grow by 6.95% on average per year.
Based on estimates for the next years, CCK will show a small growth in Revenue. The Revenue will grow by 3.77% on average per year.
EPS Next Y11.53%
EPS Next 2Y9.97%
EPS Next 3Y9.71%
EPS Next 5Y6.95%
Revenue Next Year3.02%
Revenue Next 2Y2.84%
Revenue Next 3Y2.86%
Revenue Next 5Y3.77%
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.31, CCK is valued correctly.
77.27% of the companies in the same industry are more expensive than CCK, based on the Price/Earnings ratio.
CCK is valuated cheaply when we compare the Price/Earnings ratio to 27.24, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 12.70, CCK is valued correctly.
CCK's Price/Forward Earnings ratio is in line with the industry average.
CCK is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.42, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.31 | ||
| Fwd PE | 12.7 |
4.2 Price Multiples
CCK's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. CCK is cheaper than 68.18% of the companies in the same industry.
90.91% of the companies in the same industry are more expensive than CCK, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.49 | ||
| EV/EBITDA | 8.11 |
4.3 Compensation for Growth
CCK's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of CCK may justify a higher PE ratio.
PEG (NY)1.15
PEG (5Y)2.87
EPS Next 2Y9.97%
EPS Next 3Y9.71%
5. Dividend
5.1 Amount
CCK has a Yearly Dividend Yield of 1.05%. Purely for dividend investing, there may be better candidates out there.
CCK's Dividend Yield is slightly below the industry average, which is at 3.17.
With a Dividend Yield of 1.05, CCK pays less dividend than the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.05% |
5.2 History
CCK has been paying a dividend for at least 10 years, so it has a reliable track record.
CCK has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
CCK pays out 21.36% of its income as dividend. This is a sustainable payout ratio.
DP21.36%
EPS Next 2Y9.97%
EPS Next 3Y9.71%
98.49
+0.34 (+0.35%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners102.17%
Inst Owner Change0.75%
Ins Owners0.87%
Ins Owner Change-1%
Market Cap11.46B
Analysts82.11
Price Target121.8 (23.67%)
Short Float %4.36%
Short Ratio4.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.05% |
Yearly Dividend1
Dividend Growth(5Y)N/A
DP21.36%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)23.91%
Min EPS beat(2)13.67%
Max EPS beat(2)34.15%
EPS beat(4)4
Avg EPS beat(4)15.38%
Min EPS beat(4)4.31%
Max EPS beat(4)34.15%
EPS beat(8)6
Avg EPS beat(8)8.13%
EPS beat(12)9
Avg EPS beat(12)5.98%
EPS beat(16)13
Avg EPS beat(16)5.79%
Revenue beat(2)2
Avg Revenue beat(2)0.88%
Min Revenue beat(2)0.35%
Max Revenue beat(2)1.4%
Revenue beat(4)2
Avg Revenue beat(4)0.14%
Min Revenue beat(4)-0.68%
Max Revenue beat(4)1.4%
Revenue beat(8)2
Avg Revenue beat(8)-2.21%
Revenue beat(12)2
Avg Revenue beat(12)-3.31%
Revenue beat(16)5
Avg Revenue beat(16)-1.07%
PT rev (1m)5.01%
PT rev (3m)11%
EPS NQ rev (1m)3.98%
EPS NQ rev (3m)-1.74%
EPS NY rev (1m)0.42%
EPS NY rev (3m)3.93%
Revenue NQ rev (1m)0.76%
Revenue NQ rev (3m)0.86%
Revenue NY rev (1m)0.74%
Revenue NY rev (3m)1.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.31 | ||
| Fwd PE | 12.7 | ||
| P/S | 0.95 | ||
| P/FCF | 11.49 | ||
| P/OCF | 8.74 | ||
| P/B | 3.96 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.11 |
EPS(TTM)7.4
EY7.51%
EPS(NY)7.75
Fwd EY7.87%
FCF(TTM)8.58
FCFY8.71%
OCF(TTM)11.27
OCFY11.45%
SpS103.22
BVpS24.84
TBVpS-10.98
PEG (NY)1.15
PEG (5Y)2.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.85% | ||
| ROE | 19.27% | ||
| ROCE | 16.14% | ||
| ROIC | 11.67% | ||
| ROICexc | 12.83% | ||
| ROICexgc | 23.12% | ||
| OM | 13.58% | ||
| PM (TTM) | 4.64% | ||
| GM | 22.3% | ||
| FCFM | 8.31% |
ROA(3y)3.71%
ROA(5y)2.11%
ROE(3y)24.46%
ROE(5y)14.09%
ROIC(3y)9.67%
ROIC(5y)9.08%
ROICexc(3y)10.6%
ROICexc(5y)9.89%
ROICexgc(3y)18.87%
ROICexgc(5y)17.94%
ROCE(3y)13.18%
ROCE(5y)12.39%
ROICexcg growth 3Y-1.42%
ROICexcg growth 5Y4.63%
ROICexc growth 3Y2.86%
ROICexc growth 5Y11.73%
OM growth 3Y2.61%
OM growth 5Y3.95%
PM growth 3YN/A
PM growth 5Y-7.6%
GM growth 3Y1.2%
GM growth 5Y0.72%
F-Score9
Asset Turnover0.83
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.01 | ||
| Debt/FCF | 6.5 | ||
| Debt/EBITDA | 2.81 | ||
| Cap/Depr | 71.04% | ||
| Cap/Sales | 2.61% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 63.29% | ||
| Profit Quality | 179.17% | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | N/A |
F-Score9
WACC7.1%
ROIC/WACC1.64
Cap/Depr(3y)143.76%
Cap/Depr(5y)145.91%
Cap/Sales(3y)5.5%
Cap/Sales(5y)5.98%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)27.59%
EPS 3Y-5.77%
EPS 5Y4.64%
EPS Q2Q%18.78%
EPS Next Y11.53%
EPS Next 2Y9.97%
EPS Next 3Y9.71%
EPS Next 5Y6.95%
Revenue 1Y (TTM)2.23%
Revenue growth 3Y1.18%
Revenue growth 5Y4.3%
Sales Q2Q%3.59%
Revenue Next Year3.02%
Revenue Next 2Y2.84%
Revenue Next 3Y2.86%
Revenue Next 5Y3.77%
EBIT growth 1Y17%
EBIT growth 3Y3.82%
EBIT growth 5Y8.43%
EBIT Next Year25.27%
EBIT Next 3Y10.42%
EBIT Next 5Y8.2%
FCF growth 1Y1302.41%
FCF growth 3Y106.96%
FCF growth 5Y1.54%
OCF growth 1Y45.78%
OCF growth 3Y9.62%
OCF growth 5Y0.49%