CROWN HOLDINGS INC (CCK) Stock Fundamental Analysis
NYSE:CCK - US2283681060 - Common Stock
99.38 USD
-0.75 (-0.75%)
99.38 USD
0 (0%)
Overall CCK gets a fundamental rating of 6 out of 10. We evaluated CCK against 22 industry peers in the Containers & Packaging industry. While CCK has a great profitability rating, there are some minor concerns on its financial health. CCK may be a bit undervalued, certainly considering the very reasonable score on growth
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.
CCK had positive earnings in 4 of the past 5 years.
Each year in the past 5 years CCK had a positive operating cash flow.
1.2 Ratios
CCK's Return On Assets of 3.85% is fine compared to the rest of the industry. CCK outperforms 72.73% of its industry peers.
CCK has a Return On Equity of 19.27%. This is amongst the best in the industry. CCK outperforms 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 90.91% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CCK is above the industry average of 7.26%.
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
CCK has a better Profit Margin (4.64%) than 68.18% of its industry peers.
In the last couple of years the Profit Margin of CCK has declined.
CCK has a Operating Margin of 13.58%. This is amongst the best in the industry. CCK outperforms 86.36% of its industry peers.
CCK's Operating Margin has improved in the last couple of years.
CCK has a Gross Margin of 22.30%. This is in the better half of the industry: CCK outperforms 68.18% 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.
Compared to 1 year ago, CCK has less shares outstanding
CCK has less shares outstanding than it did 5 years ago.
The debt/assets ratio for CCK has been reduced compared to a year ago.
2.2 Solvency
CCK has an Altman-Z score of 2.19. 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.
With a decent Altman-Z score value of 2.19, CCK is doing good in the industry, outperforming 77.27% of the companies in the same industry.
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's Debt to FCF ratio of 6.50 is amongst the best of the industry. CCK outperforms 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.
With a Debt to Equity ratio value of 2.01, CCK is not doing good in the industry: 77.27% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.01 | ||
| Debt/FCF | 6.5 | ||
| Altman-Z | 2.19 |
ROIC/WACC1.6
WACC7.27%
2.3 Liquidity
CCK has a Current Ratio of 1.06. This is a normal value and indicates that CCK is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of CCK (1.06) is worse than 72.73% of its industry peers.
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: 72.73% 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.
CCK shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.64% yearly.
The Revenue has been growing slightly by 2.23% in the past 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 6.14% 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 Y16.68%
EPS Next 2Y11.91%
EPS Next 3Y10.74%
EPS Next 5Y6.14%
Revenue Next Year3.23%
Revenue Next 2Y2.98%
Revenue Next 3Y3.07%
Revenue Next 5Y3.77%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 13.43 indicates a correct valuation of CCK.
CCK's Price/Earnings ratio is a bit cheaper when compared to the industry. CCK is cheaper than 77.27% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.13. CCK is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 12.38 indicates a correct valuation of CCK.
Based on the Price/Forward Earnings ratio, CCK is valued a bit cheaper than 63.64% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CCK to the average of the S&P500 Index (22.76), we can say CCK is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.43 | ||
| Fwd PE | 12.38 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CCK is valued a bit cheaper than 72.73% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CCK is valued cheaply inside the industry as 81.82% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.59 | ||
| EV/EBITDA | 8.16 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of CCK may justify a higher PE ratio.
PEG (NY)0.8
PEG (5Y)2.9
EPS Next 2Y11.91%
EPS Next 3Y10.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.04%, CCK has a reasonable but not impressive dividend return.
CCK's Dividend Yield is slightly below the industry average, which is at 3.16.
With a Dividend Yield of 1.04, CCK pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.04% |
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
21.36% of the earnings are spent on dividend by CCK. This is a low number and sustainable payout ratio.
DP21.36%
EPS Next 2Y11.91%
EPS Next 3Y10.74%
99.38
-0.75 (-0.75%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners102.82%
Inst Owner Change-0.86%
Ins Owners0.79%
Ins Owner Change-2.03%
Market Cap11.57B
Analysts80
Price Target126.11 (26.9%)
Short Float %4.09%
Short Ratio3.92
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.04% |
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)3.54%
PT rev (3m)8.58%
EPS NQ rev (1m)0.03%
EPS NQ rev (3m)-1.71%
EPS NY rev (1m)4.62%
EPS NY rev (3m)5.16%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.86%
Revenue NY rev (1m)0.21%
Revenue NY rev (3m)0.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.43 | ||
| Fwd PE | 12.38 | ||
| P/S | 0.96 | ||
| P/FCF | 11.59 | ||
| P/OCF | 8.82 | ||
| P/B | 4 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.16 |
EPS(TTM)7.4
EY7.45%
EPS(NY)8.03
Fwd EY8.08%
FCF(TTM)8.58
FCFY8.63%
OCF(TTM)11.27
OCFY11.34%
SpS103.22
BVpS24.84
TBVpS-10.98
PEG (NY)0.8
PEG (5Y)2.9
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 | 2.19 |
F-Score9
WACC7.27%
ROIC/WACC1.6
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 Y16.68%
EPS Next 2Y11.91%
EPS Next 3Y10.74%
EPS Next 5Y6.14%
Revenue 1Y (TTM)2.23%
Revenue growth 3Y1.18%
Revenue growth 5Y4.3%
Sales Q2Q%3.59%
Revenue Next Year3.23%
Revenue Next 2Y2.98%
Revenue Next 3Y3.07%
Revenue Next 5Y3.77%
EBIT growth 1Y17%
EBIT growth 3Y3.82%
EBIT growth 5Y8.43%
EBIT Next Year29.2%
EBIT Next 3Y11.36%
EBIT Next 5Y8.25%
FCF growth 1Y1302.41%
FCF growth 3Y106.96%
FCF growth 5Y1.54%
OCF growth 1Y45.78%
OCF growth 3Y9.62%
OCF growth 5Y0.49%