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SMURFIT WESTROCK PLC (SW) Stock Fundamental Analysis

NYSE:SW - New York Stock Exchange, Inc. - IE00028FXN24 - Common Stock - Currency: USD

48.53  -0.32 (-0.66%)

After market: 48.59 +0.06 (+0.12%)

Fundamental Rating

4

SW gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 22 industry peers in the Containers & Packaging industry. SW has a bad profitability rating. Also its financial health evaluation is rather negative. SW has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

In the past year SW was profitable.
SW had a positive operating cash flow in the past year.
In the past 5 years SW has always been profitable.
SW had a positive operating cash flow in each of the past 5 years.
SW Yearly Net Income VS EBIT VS OCF VS FCFSW Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B 1.5B

1.2 Ratios

SW has a Return On Assets (1.53%) which is comparable to the rest of the industry.
SW's Return On Equity of 3.83% is on the low side compared to the rest of the industry. SW is outperformed by 63.64% of its industry peers.
SW has a worse Return On Invested Capital (4.53%) than 63.64% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SW is in line with the industry average of 7.50%.
Industry RankSector Rank
ROA 1.53%
ROE 3.83%
ROIC 4.53%
ROA(3y)4.68%
ROA(5y)5%
ROE(3y)11.21%
ROE(5y)12.65%
ROIC(3y)7.54%
ROIC(5y)7.52%
SW Yearly ROA, ROE, ROICSW Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 -20

1.3 Margins

SW has a Profit Margin of 1.74%. This is in the lower half of the industry: SW underperforms 68.18% of its industry peers.
In the last couple of years the Profit Margin of SW has declined.
SW has a Operating Margin of 6.64%. This is in the lower half of the industry: SW underperforms 63.64% of its industry peers.
SW's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 19.83%, SW is not doing good in the industry: 72.73% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of SW has declined.
Industry RankSector Rank
OM 6.64%
PM (TTM) 1.74%
GM 19.83%
OM growth 3Y-14.47%
OM growth 5Y-10.76%
PM growth 3Y-39.18%
PM growth 5Y-22.08%
GM growth 3Y-13.39%
GM growth 5Y-9.76%
SW Yearly Profit, Operating, Gross MarginsSW Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

3

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SW is creating some value.
Compared to 1 year ago, SW has more shares outstanding
Compared to 5 years ago, SW has more shares outstanding
The debt/assets ratio for SW is higher compared to a year ago.
SW Yearly Shares OutstandingSW Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M
SW Yearly Total Debt VS Total AssetsSW Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B

2.2 Solvency

SW has an Altman-Z score of 1.83. This is not the best score and indicates that SW is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 1.83, SW is in line with its industry, outperforming 45.45% of the companies in the same industry.
SW has a Debt/Equity ratio of 0.72. This is a neutral value indicating SW is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.72, SW is in the better half of the industry, outperforming 77.27% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.72
Debt/FCF N/A
Altman-Z 1.83
ROIC/WACC0.71
WACC6.38%
SW Yearly LT Debt VS Equity VS FCFSW Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.3 Liquidity

SW has a Current Ratio of 1.43. This is a normal value and indicates that SW is financially healthy and should not expect problems in meeting its short term obligations.
SW has a better Current ratio (1.43) than 68.18% of its industry peers.
SW has a Quick Ratio of 1.43. This is a bad value and indicates that SW is not financially healthy enough and could expect problems in meeting its short term obligations.
SW has a Quick ratio of 0.93. This is comparable to the rest of the industry: SW outperforms 59.09% of its industry peers.
Industry RankSector Rank
Current Ratio 1.43
Quick Ratio 0.93
SW Yearly Current Assets VS Current LiabilitesSW Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

5

3. Growth

3.1 Past

The earnings per share for SW have decreased strongly by -73.97% in the last year.
Measured over the past years, SW shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -18.21% on average per year.
Looking at the last year, SW shows a very strong growth in Revenue. The Revenue has grown by 73.22%.
SW shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.83% yearly.
EPS 1Y (TTM)-73.97%
EPS 3Y-35.74%
EPS 5Y-18.21%
EPS Q2Q%0%
Revenue 1Y (TTM)73.22%
Revenue growth 3Y20.89%
Revenue growth 5Y15.83%
Sales Q2Q%161.3%

3.2 Future

Based on estimates for the next years, SW will show a very strong growth in Earnings Per Share. The EPS will grow by 29.13% on average per year.
The Revenue is expected to grow by 6.12% on average over the next years.
EPS Next Y39.38%
EPS Next 2Y31.46%
EPS Next 3Y29.13%
EPS Next 5YN/A
Revenue Next Year14.36%
Revenue Next 2Y8.61%
Revenue Next 3Y6.12%
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 accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
SW Yearly Revenue VS EstimatesSW Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 10B 20B 30B
SW Yearly EPS VS EstimatesSW Yearly EPS VS EstimatesYearly EPS VS Estimates 2024 2025 2026 2027 1 2 3 4

4

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 28.38 indicates a quite expensive valuation of SW.
SW's Price/Earnings ratio is a bit more expensive when compared to the industry. SW is more expensive than 72.73% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.05. SW is around the same levels.
With a Price/Forward Earnings ratio of 13.27, SW is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SW is on the same level as its industry peers.
SW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 37.67.
Industry RankSector Rank
PE 28.38
Fwd PE 13.27
SW Price Earnings VS Forward Price EarningsSW Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

SW's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SW is cheaper than 63.64% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 8.58
SW Per share dataSW EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60

4.3 Compensation for Growth

SW's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SW's earnings are expected to grow with 29.13% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.72
PEG (5Y)N/A
EPS Next 2Y31.46%
EPS Next 3Y29.13%

4

5. Dividend

5.1 Amount

SW has a Yearly Dividend Yield of 2.89%.
Compared to an average industry Dividend Yield of 3.00, SW pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, SW pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.89%

5.2 History

The dividend of SW is nicely growing with an annual growth rate of 8.23%!
SW does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)8.23%
Div Incr Years1
Div Non Decr Years1
SW Yearly Dividends per shareSW Yearly Dividends per shareYearly Dividends per share 2024 2025 0.2 0.4 0.6 0.8

5.3 Sustainability

SW pays out 127.74% of its income as dividend. This is not a sustainable payout ratio.
The dividend of SW is growing, but earnings are growing more, so the dividend growth is sustainable.
DP127.74%
EPS Next 2Y31.46%
EPS Next 3Y29.13%
SW Yearly Income VS Free CF VS DividendSW Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M
SW Dividend Payout.SW Dividend Payout, showing the Payout Ratio.SW Dividend Payout.PayoutRetained Earnings

SMURFIT WESTROCK PLC

NYSE:SW (7/28/2025, 5:25:30 PM)

After market: 48.59 +0.06 (+0.12%)

48.53

-0.32 (-0.66%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)05-01 2025-05-01/bmo
Earnings (Next)07-30 2025-07-30/bmo
Inst Owners91.63%
Inst Owner ChangeN/A
Ins Owners0.47%
Ins Owner Change10.67%
Market Cap25.33B
Analysts80.8
Price Target55.24 (13.83%)
Short Float %3.45%
Short Ratio5.08
Dividend
Industry RankSector Rank
Dividend Yield 2.89%
Yearly Dividend1.67
Dividend Growth(5Y)8.23%
DP127.74%
Div Incr Years1
Div Non Decr Years1
Ex-Date05-16 2025-05-16 (0.4308)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.49%
Min EPS beat(2)-12.36%
Max EPS beat(2)27.34%
EPS beat(4)1
Avg EPS beat(4)-39.53%
Min EPS beat(4)-138.26%
Max EPS beat(4)27.34%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-4.95%
Min Revenue beat(2)-5.56%
Max Revenue beat(2)-4.35%
Revenue beat(4)0
Avg Revenue beat(4)-6.45%
Min Revenue beat(4)-8.48%
Max Revenue beat(4)-4.35%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.62%
PT rev (3m)-3.19%
EPS NQ rev (1m)-4.09%
EPS NQ rev (3m)-22.81%
EPS NY rev (1m)0.13%
EPS NY rev (3m)-10.16%
Revenue NQ rev (1m)0.25%
Revenue NQ rev (3m)-1.07%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-1.28%
Valuation
Industry RankSector Rank
PE 28.38
Fwd PE 13.27
P/S 0.64
P/FCF N/A
P/OCF 15.12
P/B 1.42
P/tB 2.6
EV/EBITDA 8.58
EPS(TTM)1.71
EY3.52%
EPS(NY)3.66
Fwd EY7.53%
FCF(TTM)-0.11
FCFYN/A
OCF(TTM)3.21
OCFY6.62%
SpS75.49
BVpS34.22
TBVpS18.69
PEG (NY)0.72
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 1.53%
ROE 3.83%
ROCE 7.03%
ROIC 4.53%
ROICexc 4.63%
ROICexgc 5.96%
OM 6.64%
PM (TTM) 1.74%
GM 19.83%
FCFM N/A
ROA(3y)4.68%
ROA(5y)5%
ROE(3y)11.21%
ROE(5y)12.65%
ROIC(3y)7.54%
ROIC(5y)7.52%
ROICexc(3y)8.19%
ROICexc(5y)8.25%
ROICexgc(3y)11.61%
ROICexgc(5y)12.08%
ROCE(3y)11.7%
ROCE(5y)11.67%
ROICexcg growth 3Y-37.76%
ROICexcg growth 5Y-25.16%
ROICexc growth 3Y-34.31%
ROICexc growth 5Y-22.5%
OM growth 3Y-14.47%
OM growth 5Y-10.76%
PM growth 3Y-39.18%
PM growth 5Y-22.08%
GM growth 3Y-13.39%
GM growth 5Y-9.76%
F-Score4
Asset Turnover0.88
Health
Industry RankSector Rank
Debt/Equity 0.72
Debt/FCF N/A
Debt/EBITDA 2.85
Cap/Depr 90.41%
Cap/Sales 4.4%
Interest Coverage 250
Cash Conversion 36.95%
Profit Quality N/A
Current Ratio 1.43
Quick Ratio 0.93
Altman-Z 1.83
F-Score4
WACC6.38%
ROIC/WACC0.71
Cap/Depr(3y)125.56%
Cap/Depr(5y)116.04%
Cap/Sales(3y)7.17%
Cap/Sales(5y)6.72%
Profit Quality(3y)50.56%
Profit Quality(5y)68.16%
High Growth Momentum
Growth
EPS 1Y (TTM)-73.97%
EPS 3Y-35.74%
EPS 5Y-18.21%
EPS Q2Q%0%
EPS Next Y39.38%
EPS Next 2Y31.46%
EPS Next 3Y29.13%
EPS Next 5YN/A
Revenue 1Y (TTM)73.22%
Revenue growth 3Y20.89%
Revenue growth 5Y15.83%
Sales Q2Q%161.3%
Revenue Next Year14.36%
Revenue Next 2Y8.61%
Revenue Next 3Y6.12%
Revenue Next 5YN/A
EBIT growth 1Y-8.03%
EBIT growth 3Y3.39%
EBIT growth 5Y3.36%
EBIT Next Year157.8%
EBIT Next 3Y44.04%
EBIT Next 5YN/A
FCF growth 1Y-97.61%
FCF growth 3Y-66.16%
FCF growth 5Y-50.88%
OCF growth 1Y-9.58%
OCF growth 3Y8.36%
OCF growth 5Y2.64%