CROWN HOLDINGS INC (CCK) Stock Fundamental Analysis
USA - NYSE:CCK - US2283681060 - Common Stock
99.6 USD
+5.19 (+5.5%)
99.6 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. CCK scores excellent on profitability, but there are some minor concerns on its financial health. CCK is valued quite cheap, while showing a decent growth score. This is a good combination!
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'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.
CCK's Return On Invested Capital of 11.67% is amongst the best of the industry. CCK outperforms 90.91% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CCK is above the industry average of 7.27%.
The 3 year average ROIC (9.67%) for CCK is below the current ROIC(11.67%), indicating increased profibility in the last year.
| 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 68.18% of its industry peers.
In the last couple of years the Profit Margin of CCK has declined.
CCK's Operating Margin of 13.58% is amongst the best of the industry. CCK outperforms 86.36% of its industry peers.
CCK's Operating Margin has improved in the last couple of years.
The Gross Margin of CCK (22.30%) is better than 68.18% of its industry peers.
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 | 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CCK is creating some value.
Compared to 1 year ago, CCK has less shares outstanding
Compared to 5 years ago, CCK has less shares outstanding
The debt/assets ratio for CCK has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.16 indicates that CCK is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.16, CCK is in the better half of the industry, outperforming 72.73% 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.
With an excellent Debt to FCF ratio value of 6.50, CCK belongs to the best of the industry, outperforming 86.36% of the companies in the same industry.
CCK has a Debt/Equity ratio of 2.01. This is a high value indicating a heavy dependency on external financing.
CCK's Debt to Equity ratio of 2.01 is on the low side compared to the rest of the industry. CCK is outperformed by 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.01 | ||
| Debt/FCF | 6.5 | ||
| Altman-Z | 2.16 |
ROIC/WACC1.42
WACC8.2%
2.3 Liquidity
A Current Ratio of 1.06 indicates that CCK should not have too much problems paying its short term obligations.
The Current ratio of CCK (1.06) is worse than 72.73% of its industry peers.
A Quick Ratio of 0.69 indicates that CCK may have some problems paying its short term obligations.
The Quick ratio of CCK (0.69) is worse than 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
CCK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.24%, which is quite impressive.
The Earnings Per Share has been growing slightly by 4.64% on average over the past years.
CCK shows a decrease in Revenue. In the last year, the revenue decreased by -1.74%.
CCK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.30% yearly.
EPS 1Y (TTM)26.24%
EPS 3Y-5.77%
EPS 5Y4.64%
EPS Q2Q%12.56%
Revenue 1Y (TTM)-1.74%
Revenue growth 3Y1.18%
Revenue growth 5Y4.3%
Sales Q2Q%4.16%
3.2 Future
CCK is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.14% yearly.
The Revenue is expected to grow by 3.77% on average over the next years.
EPS Next Y16.68%
EPS Next 2Y11.91%
EPS Next 3Y10.75%
EPS Next 5Y6.14%
Revenue Next Year3.1%
Revenue Next 2Y2.87%
Revenue Next 3Y2.92%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 13.02, the valuation of CCK can be described as correct.
Based on the Price/Earnings ratio, CCK is valued a bit cheaper than the industry average as 77.27% of the companies are valued more expensively.
CCK's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.69.
The Price/Forward Earnings ratio is 12.41, which indicates a correct valuation of CCK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CCK indicates a somewhat cheap valuation: CCK is cheaper than 68.18% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.18. CCK is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.02 | ||
| Fwd PE | 12.41 |
4.2 Price Multiples
72.73% of the companies in the same industry are more expensive than CCK, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, CCK is valued cheaply inside the industry as 86.36% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.61 | ||
| EV/EBITDA | 7.88 |
4.3 Compensation for Growth
CCK's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CCK has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.78
PEG (5Y)2.81
EPS Next 2Y11.91%
EPS Next 3Y10.75%
5. Dividend
5.1 Amount
CCK has a Yearly Dividend Yield of 1.11%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.36, CCK is paying slightly less dividend.
With a Dividend Yield of 1.11, CCK pays less dividend than the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
5.2 History
CCK has paid a dividend for at least 10 years, which is 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 2Y11.91%
EPS Next 3Y10.75%
99.6
+5.19 (+5.5%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners100.86%
Inst Owner Change1.12%
Ins Owners0.74%
Ins Owner Change-2.03%
Market Cap11.59B
Analysts81.05
Price Target126.74 (27.25%)
Short Float %4.77%
Short Ratio4.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
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)0%
PT rev (3m)4.06%
EPS NQ rev (1m)-0.36%
EPS NQ rev (3m)3.81%
EPS NY rev (1m)0%
EPS NY rev (3m)4.62%
Revenue NQ rev (1m)-0.19%
Revenue NQ rev (3m)-0.06%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.02 | ||
| Fwd PE | 12.41 | ||
| P/S | 0.96 | ||
| P/FCF | 11.61 | ||
| P/OCF | 8.83 | ||
| P/B | 4.01 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.88 |
EPS(TTM)7.65
EY7.68%
EPS(NY)8.03
Fwd EY8.06%
FCF(TTM)8.58
FCFY8.61%
OCF(TTM)11.27
OCFY11.32%
SpS103.22
BVpS24.84
TBVpS-10.98
PEG (NY)0.78
PEG (5Y)2.81
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 | 2.16 |
F-Score9
WACC8.2%
ROIC/WACC1.42
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)26.24%
EPS 3Y-5.77%
EPS 5Y4.64%
EPS Q2Q%12.56%
EPS Next Y16.68%
EPS Next 2Y11.91%
EPS Next 3Y10.75%
EPS Next 5Y6.14%
Revenue 1Y (TTM)-1.74%
Revenue growth 3Y1.18%
Revenue growth 5Y4.3%
Sales Q2Q%4.16%
Revenue Next Year3.1%
Revenue Next 2Y2.87%
Revenue Next 3Y2.92%
Revenue Next 5Y3.77%
EBIT growth 1Y17%
EBIT growth 3Y3.82%
EBIT growth 5Y8.43%
EBIT Next Year30.08%
EBIT Next 3Y11.76%
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%