SEALED AIR CORP (SEE)

US81211K1007 - Common Stock

31.5  +0.03 (+0.1%)

After market: 31.5 0 (0%)

Fundamental Rating

5

Taking everything into account, SEE scores 5 out of 10 in our fundamental rating. SEE was compared to 23 industry peers in the Containers & Packaging industry. SEE has an excellent profitability rating, but there are concerns on its financial health. SEE is not valued too expensively and it also shows a decent growth rate. SEE also has an excellent dividend rating.



8

1. Profitability

1.1 Basic Checks

In the past year SEE was profitable.
SEE had a positive operating cash flow in the past year.
Each year in the past 5 years SEE has been profitable.
Each year in the past 5 years SEE had a positive operating cash flow.

1.2 Ratios

SEE has a better Return On Assets (4.74%) than 65.22% of its industry peers.
SEE has a better Return On Equity (62.17%) than 100.00% of its industry peers.
SEE has a Return On Invested Capital of 10.20%. This is amongst the best in the industry. SEE outperforms 82.61% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SEE is significantly above the industry average of 8.25%.
Industry RankSector Rank
ROA 4.74%
ROE 62.17%
ROIC 10.2%
ROA(3y)6.93%
ROA(5y)6.72%
ROE(3y)136.27%
ROE(5y)N/A
ROIC(3y)14.05%
ROIC(5y)12.96%

1.3 Margins

SEE has a Profit Margin of 6.22%. This is in the better half of the industry: SEE outperforms 73.91% of its industry peers.
SEE's Profit Margin has improved in the last couple of years.
SEE has a better Operating Margin (14.81%) than 100.00% of its industry peers.
In the last couple of years the Operating Margin of SEE has remained more or less at the same level.
With an excellent Gross Margin value of 29.90%, SEE belongs to the best of the industry, outperforming 86.96% of the companies in the same industry.
SEE's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 14.81%
PM (TTM) 6.22%
GM 29.9%
OM growth 3Y-2.89%
OM growth 5Y0.07%
PM growth 3Y-15.33%
PM growth 5Y8.91%
GM growth 3Y-3.06%
GM growth 5Y-1.19%

2

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so SEE is creating value.
The number of shares outstanding for SEE remains at a similar level compared to 1 year ago.
SEE has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, SEE has a worse debt to assets ratio.

2.2 Solvency

SEE has an Altman-Z score of 1.72. This is a bad value and indicates that SEE is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.72, SEE is doing worse than 65.22% of the companies in the same industry.
The Debt to FCF ratio of SEE is 17.24, which is on the high side as it means it would take SEE, 17.24 years of fcf income to pay off all of its debts.
SEE's Debt to FCF ratio of 17.24 is on the low side compared to the rest of the industry. SEE is outperformed by 82.61% of its industry peers.
A Debt/Equity ratio of 8.47 is on the high side and indicates that SEE has dependencies on debt financing.
With a Debt to Equity ratio value of 8.47, SEE is not doing good in the industry: 86.96% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 8.47
Debt/FCF 17.24
Altman-Z 1.72
ROIC/WACC1.37
WACC7.42%

2.3 Liquidity

SEE has a Current Ratio of 1.30. This is a normal value and indicates that SEE is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.30, SEE is in line with its industry, outperforming 47.83% of the companies in the same industry.
A Quick Ratio of 0.79 indicates that SEE may have some problems paying its short term obligations.
SEE has a Quick ratio of 0.79. This is comparable to the rest of the industry: SEE outperforms 43.48% of its industry peers.
Industry RankSector Rank
Current Ratio 1.3
Quick Ratio 0.79

4

3. Growth

3.1 Past

The earnings per share for SEE have decreased strongly by -22.20% in the last year.
The Earnings Per Share has been growing slightly by 4.91% on average over the past years.
Looking at the last year, SEE shows a decrease in Revenue. The Revenue has decreased by -2.71% in the last year.
SEE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.01% yearly.
EPS 1Y (TTM)-22.2%
EPS 3Y-0.1%
EPS 5Y4.91%
EPS growth Q2Q-11.11%
Revenue 1Y (TTM)-2.71%
Revenue growth 3Y3.83%
Revenue growth 5Y3.01%
Revenue growth Q2Q-2.02%

3.2 Future

The Earnings Per Share is expected to grow by 12.17% on average over the next years. This is quite good.
SEE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.76% yearly.
EPS Next Y-9.23%
EPS Next 2Y1.82%
EPS Next 3Y5%
EPS Next 5Y12.17%
Revenue Next Year-1.32%
Revenue Next 2Y0.81%
Revenue Next 3Y1.33%
Revenue Next 5Y3.76%

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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.

6

4. Valuation

4.1 Price/Earnings Ratio

SEE is valuated reasonably with a Price/Earnings ratio of 9.87.
Based on the Price/Earnings ratio, SEE is valued cheaper than 82.61% of the companies in the same industry.
SEE is valuated cheaply when we compare the Price/Earnings ratio to 24.76, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 10.88 indicates a reasonable valuation of SEE.
Based on the Price/Forward Earnings ratio, SEE is valued cheaply inside the industry as 86.96% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of SEE to the average of the S&P500 Index (21.26), we can say SEE is valued slightly cheaper.
Industry RankSector Rank
PE 9.87
Fwd PE 10.88

4.2 Price Multiples

SEE's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SEE is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 16.73
EV/EBITDA 8.37

4.3 Compensation for Growth

The excellent profitability rating of SEE may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.01
EPS Next 2Y1.82%
EPS Next 3Y5%

7

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 2.54%, SEE has a reasonable but not impressive dividend return.
SEE's Dividend Yield is a higher than the industry average which is at 3.01.
Compared to an average S&P500 Dividend Yield of 2.44, SEE has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 2.54%

5.2 History

The dividend of SEE has a limited annual growth rate of 4.95%.
SEE has paid a dividend for at least 10 years, which is a reliable track record.
SEE has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.95%
Div Incr Years0
Div Non Decr Years15

5.3 Sustainability

SEE pays out 34.51% of its income as dividend. This is a sustainable payout ratio.
The dividend of SEE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP34.51%
EPS Next 2Y1.82%
EPS Next 3Y5%

SEALED AIR CORP

NYSE:SEE (4/19/2024, 7:15:37 PM)

After market: 31.5 0 (0%)

31.5

+0.03 (+0.1%)

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 Cap4.55B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 2.54%
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 RankSector Rank
PE 9.87
Fwd PE 10.88
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)N/A
PEG (5Y)2.01
Profitability
Industry RankSector Rank
ROA 4.74%
ROE 62.17%
ROCE
ROIC
ROICexc
ROICexgc
OM 14.81%
PM (TTM) 6.22%
GM 29.9%
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 Turnover0.76
Health
Industry RankSector Rank
Debt/Equity 8.47
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 1.3
Quick Ratio 0.79
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)-22.2%
EPS 3Y-0.1%
EPS 5Y
EPS growth Q2Q
EPS Next Y-9.23%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-2.71%
Revenue growth 3Y3.83%
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