CROWN HOLDINGS INC (CCK)
US2283681060 - Common Stock
Overall CCK gets a fundamental rating of 4 out of 10. We evaluated CCK against 23 industry peers in the Containers & Packaging industry. There are concerns on the financial health of CCK while its profitability can be described as average. CCK has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
CCK had positive earnings in the past year.
CCK had a positive operating cash flow in the past year.
Of the past 5 years CCK 4 years were profitable.
CCK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CCK has a worse Return On Assets (2.99%) than 60.87% of its industry peers.
With a decent Return On Equity value of 18.67%, CCK is doing good in the industry, outperforming 73.91% of the companies in the same industry.
CCK's Return On Invested Capital of 9.50% is fine compared to the rest of the industry. CCK outperforms 73.91% of its industry peers.
CCK had an Average Return On Invested Capital over the past 3 years of 9.61%. This is in line with the industry average of 8.25%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.99% | ||
| ROE | 18.67% | ||
| ROIC | 9.5% |
ROA(3y)1.35%
ROA(5y)2.16%
ROE(3y)9.57%
ROE(5y)16.96%
ROIC(3y)9.61%
ROIC(5y)8.32%
1.3 Margins
CCK's Profit Margin of 3.75% is on the low side compared to the rest of the industry. CCK is outperformed by 60.87% of its industry peers.
In the last couple of years the Profit Margin of CCK has remained more or less at the same level.
Looking at the Operating Margin, with a value of 11.52%, CCK is in the better half of the industry, outperforming 73.91% of the companies in the same industry.
CCK's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 20.52%, CCK is not doing good in the industry: 60.87% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of CCK has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.52% | ||
| PM (TTM) | 3.75% | ||
| GM | 20.52% |
OM growth 3Y0.11%
OM growth 5Y2.3%
PM growth 3Y-15.29%
PM growth 5Y-0.98%
GM growth 3Y-1.77%
GM growth 5Y1.45%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CCK is still creating some value.
CCK has more shares outstanding than it did 1 year ago.
CCK has less shares outstanding than it did 5 years ago.
The debt/assets ratio for CCK is higher compared to a year ago.
2.2 Solvency
CCK has an Altman-Z score of 1.92. This is not the best score and indicates that CCK is in the grey zone with still only limited risk for bankruptcy at the moment.
CCK has a Altman-Z score (1.92) which is comparable to the rest of the industry.
The Debt to FCF ratio of CCK is 11.32, which is on the high side as it means it would take CCK, 11.32 years of fcf income to pay off all of its debts.
CCK has a Debt to FCF ratio of 11.32. This is comparable to the rest of the industry: CCK outperforms 47.83% of its industry peers.
A Debt/Equity ratio of 2.79 is on the high side and indicates that CCK has dependencies on debt financing.
CCK has a worse Debt to Equity ratio (2.79) than 82.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.79 | ||
| Debt/FCF | 11.32 | ||
| Altman-Z | 1.92 |
ROIC/WACC1.32
WACC7.2%
2.3 Liquidity
CCK has a Current Ratio of 1.15. This is a normal value and indicates that CCK is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.15, CCK is not doing good in the industry: 69.57% of the companies in the same industry are doing better.
A Quick Ratio of 0.77 indicates that CCK may have some problems paying its short term obligations.
CCK's Quick ratio of 0.77 is on the low side compared to the rest of the industry. CCK is outperformed by 65.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
The earnings per share for CCK have decreased strongly by -13.20% in the last year.
The Earnings Per Share has been growing slightly by 2.38% on average over the past years.
The Revenue has decreased by -7.21% in the past year.
The Revenue has been growing slightly by 1.50% on average over the past years.
EPS 1Y (TTM)-13.2%
EPS 3Y-0.4%
EPS 5Y2.38%
EPS growth Q2Q5.98%
Revenue 1Y (TTM)-7.21%
Revenue growth 3Y8.54%
Revenue growth 5Y1.5%
Revenue growth Q2Q-5.11%
3.2 Future
CCK is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.35% yearly.
CCK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.73% yearly.
EPS Next Y3.35%
EPS Next 2Y8.25%
EPS Next 3Y8.63%
EPS Next 5Y10.35%
Revenue Next Year-0.11%
Revenue Next 2Y1.36%
Revenue Next 3Y1.99%
Revenue Next 5Y3.73%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
CCK is valuated correctly with a Price/Earnings ratio of 13.28.
65.22% of the companies in the same industry are more expensive than CCK, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 24.76. CCK is valued slightly cheaper when compared to this.
CCK is valuated correctly with a Price/Forward Earnings ratio of 12.85.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CCK is on the same level as its industry peers.
CCK is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.26, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.28 | ||
| Fwd PE | 12.85 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as CCK.
Based on the Price/Free Cash Flow ratio, CCK is valued a bit cheaper than 65.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.21 | ||
| EV/EBITDA | 8.2 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CCK does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)3.96
PEG (5Y)5.57
EPS Next 2Y8.25%
EPS Next 3Y8.63%
5. Dividend
5.1 Amount
CCK has a Yearly Dividend Yield of 1.26%. Purely for dividend investing, there may be better candidates out there.
CCK's Dividend Yield is slightly below the industry average, which is at 2.92.
Compared to an average S&P500 Dividend Yield of 2.40, CCK's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
5.2 History
The dividend of CCK decreases each year by -1.45%.
CCK has been paying a dividend for over 5 years, so it has already some track record.
The dividend of CCK decreased in the last 3 years.
Dividend Growth(5Y)-1.45%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
CCK pays out 25.56% of its income as dividend. This is a sustainable payout ratio.
DP25.56%
EPS Next 2Y8.25%
EPS Next 3Y8.63%
CROWN HOLDINGS INC
NYSE:CCK (4/19/2024, 7:04:00 PM)
After market: 77.67 0 (0%)77.67
+0.75 (+0.98%)
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 Cap9.38B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
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)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
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 | 13.28 | ||
| Fwd PE | 12.85 | ||
| 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)3.96
PEG (5Y)5.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.99% | ||
| ROE | 18.67% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 11.52% | ||
| PM (TTM) | 3.75% | ||
| GM | 20.52% | ||
| 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 Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.79 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.77 | ||
| 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)-13.2%
EPS 3Y-0.4%
EPS 5Y
EPS growth Q2Q
EPS Next Y3.35%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-7.21%
Revenue growth 3Y8.54%
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