PACTIV EVERGREEN INC (PTVE) Stock Fundamental Analysis
USA - NASDAQ:PTVE - US69526K1051 - Common Stock
18.01 USD
+0.05 (+0.28%)
18.02 USD
+0.01 (+0.06%)
Taking everything into account, PTVE scores 4 out of 10 in our fundamental rating. PTVE was compared to 22 industry peers in the Containers & Packaging industry. PTVE has a medium profitability rating, but doesn't score so well on its financial health evaluation. PTVE has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
PTVE had positive earnings in the past year.
PTVE had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: PTVE reported negative net income in multiple years.
In the past 5 years PTVE always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of PTVE (-2.37%) is worse than 83.33% of its industry peers.
PTVE has a Return On Equity of -12.58%. This is in the lower half of the industry: PTVE underperforms 79.17% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.90%, PTVE is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PTVE is in line with the industry average of 7.26%.
The last Return On Invested Capital (7.90%) for PTVE is above the 3 year average (5.29%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.37% | ||
| ROE | -12.58% | ||
| ROIC | 7.9% |
ROA(3y)-0.52%
ROA(5y)-0.32%
ROE(3y)-2.95%
ROE(5y)-1.91%
ROIC(3y)5.29%
ROIC(5y)4.02%
1.3 Margins
With a Operating Margin value of 9.56%, PTVE perfoms like the industry average, outperforming 54.17% of the companies in the same industry.
In the last couple of years the Operating Margin of PTVE has grown nicely.
PTVE has a Gross Margin of 19.09%. This is in the lower half of the industry: PTVE underperforms 70.83% of its industry peers.
PTVE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.56% | ||
| PM (TTM) | N/A | ||
| GM | 19.09% |
OM growth 3Y63.34%
OM growth 5Y5.38%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y21.8%
GM growth 5Y3.17%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PTVE is still creating some value.
The number of shares outstanding for PTVE has been increased compared to 1 year ago.
The number of shares outstanding for PTVE has been increased compared to 5 years ago.
PTVE has a worse debt/assets ratio than last year.
2.2 Solvency
PTVE has an Altman-Z score of 1.78. This is a bad value and indicates that PTVE is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.78, PTVE is doing worse than 62.50% of the companies in the same industry.
PTVE has a debt to FCF ratio of 21.01. This is a negative value and a sign of low solvency as PTVE would need 21.01 years to pay back of all of its debts.
PTVE has a Debt to FCF ratio of 21.01. This is comparable to the rest of the industry: PTVE outperforms 41.67% of its industry peers.
A Debt/Equity ratio of 2.90 is on the high side and indicates that PTVE has dependencies on debt financing.
PTVE has a Debt to Equity ratio of 2.90. This is in the lower half of the industry: PTVE underperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.9 | ||
| Debt/FCF | 21.01 | ||
| Altman-Z | 1.78 |
ROIC/WACC1.12
WACC7.06%
2.3 Liquidity
PTVE has a Current Ratio of 1.54. This is a normal value and indicates that PTVE is financially healthy and should not expect problems in meeting its short term obligations.
PTVE's Current ratio of 1.54 is fine compared to the rest of the industry. PTVE outperforms 70.83% of its industry peers.
PTVE has a Quick Ratio of 1.54. This is a bad value and indicates that PTVE is not financially healthy enough and could expect problems in meeting its short term obligations.
PTVE has a Quick ratio (0.74) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.54 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 855.56% over the past year.
The Earnings Per Share has been growing by 34.94% on average over the past years. This is a very strong growth
Looking at the last year, PTVE shows a decrease in Revenue. The Revenue has decreased by -6.57% in the last year.
Measured over the past years, PTVE shows a decrease in Revenue. The Revenue has been decreasing by -0.17% on average per year.
EPS 1Y (TTM)855.56%
EPS 3Y34.94%
EPS 5YN/A
EPS Q2Q%-42.42%
Revenue 1Y (TTM)-6.57%
Revenue growth 3Y-1.8%
Revenue growth 5Y-0.17%
Sales Q2Q%15.46%
3.2 Future
PTVE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 30.10% yearly.
The Revenue is expected to grow by 2.22% on average over the next years.
EPS Next Y49.38%
EPS Next 2Y30.1%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.61%
Revenue Next 2Y2.22%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
PTVE is valuated rather expensively with a Price/Earnings ratio of 20.94.
Based on the Price/Earnings ratio, PTVE is valued a bit more expensive than 66.67% of the companies in the same industry.
PTVE is valuated rather cheaply when we compare the Price/Earnings ratio to 27.38, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 14.02, PTVE is valued correctly.
The rest of the industry has a similar Price/Forward Earnings ratio as PTVE.
PTVE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.94 | ||
| Fwd PE | 14.02 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PTVE is valued a bit cheaper than the industry average as 62.50% of the companies are valued more expensively.
The rest of the industry has a similar Price/Free Cash Flow ratio as PTVE.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.96 | ||
| EV/EBITDA | 8.18 |
4.3 Compensation for Growth
PTVE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as PTVE's earnings are expected to grow with 30.10% in the coming years.
PEG (NY)0.42
PEG (5Y)N/A
EPS Next 2Y30.1%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PTVE has a Yearly Dividend Yield of 2.22%. Purely for dividend investing, there may be better candidates out there.
PTVE's Dividend Yield is comparable with the industry average which is at 3.24.
PTVE's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.22% |
5.2 History
PTVE has paid a dividend for less than 5 years, so there is no long track record yet.
PTVE has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
The earnings of PTVE are negative and hence is the payout ratio. PTVE will probably not be able to sustain this dividend level.
DP-51.8%
EPS Next 2Y30.1%
EPS Next 3YN/A
18.01
+0.05 (+0.28%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners22.82%
Inst Owner Change-97.35%
Ins Owners0.86%
Ins Owner Change-38207.8%
Market Cap3.25B
Analysts50
Price Target18.19 (1%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.22% |
Yearly Dividend0.4
Dividend Growth(5Y)N/A
DP-51.8%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-26.05%
Min EPS beat(2)-49.15%
Max EPS beat(2)-2.95%
EPS beat(4)1
Avg EPS beat(4)-5.04%
Min EPS beat(4)-49.15%
Max EPS beat(4)65.09%
EPS beat(8)3
Avg EPS beat(8)-130.46%
EPS beat(12)7
Avg EPS beat(12)-8.25%
EPS beat(16)8
Avg EPS beat(16)-14.91%
Revenue beat(2)1
Avg Revenue beat(2)3.89%
Min Revenue beat(2)-4.85%
Max Revenue beat(2)12.63%
Revenue beat(4)1
Avg Revenue beat(4)-0.04%
Min Revenue beat(4)-4.85%
Max Revenue beat(4)12.63%
Revenue beat(8)1
Avg Revenue beat(8)-2.47%
Revenue beat(12)3
Avg Revenue beat(12)-1.29%
Revenue beat(16)7
Avg Revenue beat(16)0.34%
PT rev (1m)0%
PT rev (3m)1.9%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10.11%
EPS NY rev (1m)-1.95%
EPS NY rev (3m)-1.95%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.79%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.94 | ||
| Fwd PE | 14.02 | ||
| P/S | 0.63 | ||
| P/FCF | 19.96 | ||
| P/OCF | 8.24 | ||
| P/B | 2.94 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.18 |
EPS(TTM)0.86
EY4.78%
EPS(NY)1.28
Fwd EY7.13%
FCF(TTM)0.9
FCFY5.01%
OCF(TTM)2.19
OCFY12.14%
SpS28.5
BVpS6.12
TBVpS-9.11
PEG (NY)0.42
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.37% | ||
| ROE | -12.58% | ||
| ROCE | 10.01% | ||
| ROIC | 7.9% | ||
| ROICexc | 8.15% | ||
| ROICexgc | 19.23% | ||
| OM | 9.56% | ||
| PM (TTM) | N/A | ||
| GM | 19.09% | ||
| FCFM | 3.17% |
ROA(3y)-0.52%
ROA(5y)-0.32%
ROE(3y)-2.95%
ROE(5y)-1.91%
ROIC(3y)5.29%
ROIC(5y)4.02%
ROICexc(3y)5.55%
ROICexc(5y)4.23%
ROICexgc(3y)12.09%
ROICexgc(5y)9.06%
ROCE(3y)6.69%
ROCE(5y)5.09%
ROICexcg growth 3Y84.3%
ROICexcg growth 5Y35.68%
ROICexc growth 3Y73.17%
ROICexc growth 5Y22.28%
OM growth 3Y63.34%
OM growth 5Y5.38%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y21.8%
GM growth 5Y3.17%
F-Score6
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.9 | ||
| Debt/FCF | 21.01 | ||
| Debt/EBITDA | 4.01 | ||
| Cap/Depr | 75.82% | ||
| Cap/Sales | 4.51% | ||
| Interest Coverage | 2.21 | ||
| Cash Conversion | 49.5% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.54 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 1.78 |
F-Score6
WACC7.06%
ROIC/WACC1.12
Cap/Depr(3y)66.47%
Cap/Depr(5y)73.84%
Cap/Sales(3y)4.61%
Cap/Sales(5y)5.55%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)855.56%
EPS 3Y34.94%
EPS 5YN/A
EPS Q2Q%-42.42%
EPS Next Y49.38%
EPS Next 2Y30.1%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-6.57%
Revenue growth 3Y-1.8%
Revenue growth 5Y-0.17%
Sales Q2Q%15.46%
Revenue Next Year1.61%
Revenue Next 2Y2.22%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y151.02%
EBIT growth 3Y60.39%
EBIT growth 5Y5.2%
EBIT Next Year75.67%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-34.54%
FCF growth 3YN/A
FCF growth 5Y-9.4%
OCF growth 1Y-26.03%
OCF growth 3Y14.81%
OCF growth 5Y-15.11%