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U.S. Packaging Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies29
- 7D1.4%
- 3M7.4%
- 1Y27.9%
- YTD18.2%
Over the last 7 days, the Packaging industry has remained flat, although notably Smurfit Westrock gained 9.2%. The past year has been better, since the industry has gained 25% in that time. Looking forward, earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the U.S. Packaging Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | US$180.0b | US$153.3b | US$5.9b | 23.8x | 30.3x | 1.2x |
| Sat, 19 Oct 2024 | US$177.7b | US$148.6b | US$6.7b | 28.1x | 26.6x | 1.2x |
| Mon, 16 Sep 2024 | US$175.5b | US$148.6b | US$7.0b | 25.8x | 25.1x | 1.2x |
| Wed, 14 Aug 2024 | US$162.3b | US$148.5b | US$6.9b | 23.8x | 23.4x | 1.1x |
| Fri, 12 Jul 2024 | US$160.6b | US$149.6b | US$6.6b | 20.5x | 24.4x | 1.1x |
| Sun, 09 Jun 2024 | US$159.7b | US$156.8b | US$6.1b | 22.5x | 26.4x | 1x |
| Tue, 07 May 2024 | US$157.1b | US$156.9b | US$6.2b | 21.9x | 25.4x | 1x |
| Thu, 04 Apr 2024 | US$156.0b | US$159.1b | US$4.4b | 18.8x | 35.2x | 1x |
| Sat, 02 Mar 2024 | US$149.7b | US$159.1b | US$4.4b | 17.5x | 33.7x | 0.9x |
| Mon, 29 Jan 2024 | US$143.2b | US$155.8b | US$5.4b | 15.3x | 26.6x | 0.9x |
| Wed, 27 Dec 2023 | US$141.9b | US$155.9b | US$5.4b | 15.7x | 26.3x | 0.9x |
| Fri, 24 Nov 2023 | US$131.8b | US$156.1b | US$5.4b | 14.5x | 24.2x | 0.8x |
| Sun, 22 Oct 2023 | US$121.8b | US$159.5b | US$7.0b | 12.3x | 17.3x | 0.8x |
| Tue, 19 Sep 2023 | US$132.7b | US$159.5b | US$7.0b | 13.1x | 18.8x | 0.8x |
| Thu, 17 Aug 2023 | US$131.8b | US$160.0b | US$7.0b | 13.8x | 18.8x | 0.8x |
| Sat, 15 Jul 2023 | US$134.3b | US$168.2b | US$7.9b | 12.7x | 17x | 0.8x |
| Mon, 12 Jun 2023 | US$131.5b | US$168.2b | US$7.9b | 13.3x | 16.6x | 0.8x |
| Wed, 10 May 2023 | US$132.8b | US$168.5b | US$8.0b | 13.2x | 16.7x | 0.8x |
| Fri, 07 Apr 2023 | US$136.2b | US$170.0b | US$10.8b | 12.5x | 12.6x | 0.8x |
| Sun, 05 Mar 2023 | US$143.6b | US$170.0b | US$10.8b | 12.9x | 13.3x | 0.8x |
| Tue, 31 Jan 2023 | US$144.3b | US$170.3b | US$9.9b | 14.9x | 14.5x | 0.8x |
| Thu, 29 Dec 2022 | US$136.4b | US$170.4b | US$10.0b | 12.9x | 13.7x | 0.8x |
| Sat, 26 Nov 2022 | US$142.1b | US$170.1b | US$10.0b | 13.7x | 14.3x | 0.8x |
| Mon, 24 Oct 2022 | US$130.0b | US$166.6b | US$8.5b | 13.4x | 15.3x | 0.8x |
| Wed, 21 Sep 2022 | US$134.8b | US$166.6b | US$8.5b | 13.4x | 15.8x | 0.8x |
| Fri, 19 Aug 2022 | US$155.0b | US$166.4b | US$8.6b | 14.6x | 18x | 0.9x |
| Sun, 17 Jul 2022 | US$144.7b | US$160.5b | US$7.6b | 18.4x | 19.1x | 0.9x |
| Tue, 14 Jun 2022 | US$130.1b | US$146.4b | US$6.7b | 16.3x | 19.6x | 0.9x |
| Thu, 12 May 2022 | US$137.1b | US$146.1b | US$6.7b | 17.6x | 20.5x | 0.9x |
| Sat, 09 Apr 2022 | US$151.5b | US$140.2b | US$5.8b | 17.1x | 26.1x | 1.1x |
| Mon, 07 Mar 2022 | US$148.1b | US$140.3b | US$5.8b | 18.7x | 25.4x | 1.1x |
| Wed, 02 Feb 2022 | US$153.3b | US$135.3b | US$7.2b | 22.1x | 21.3x | 1.1x |
| Fri, 31 Dec 2021 | US$152.3b | US$136.8b | US$7.7b | 23.4x | 19.9x | 1.1x |
| Sun, 28 Nov 2021 | US$153.8b | US$136.4b | US$7.6b | 22.9x | 20.2x | 1.1x |
Price to Earnings Ratio
20.2x
Current Industry PE
- Investors are optimistic on the American Packaging industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 30.3x which is higher than its 3-year average PE of 21.3x.
- The 3-year average PS ratio of 0.94x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Packaging industry have declined 7.7% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.0% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the U.S. Materials industry?
| US Market | -1.04% | |
| Materials | 0.08% | |
| Packaging | 1.38% | |
| Paper Packaging | 3.02% | |
| Metal and Glass Containers | -1.76% | |
Industry PE
- Investors are most optimistic about the Metal and Glass Containers industry which is trading above its 3-year average PE ratio of 21.1x.
- Analysts are expecting annual earnings growth of 9.7%, which is higher than its past year's earnings decline of 31.8% per year.
- Investors are most pessimistic about the Paper Packaging industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 23.2x.
Forecasted Growth
- Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 21% over the next 5 years.
- This is better than its past earnings decline of 11% per year.
- In contrast, the Metal and Glass Containers industry is expected to see its earnings grow by 9.7% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SW Smurfit Westrock | US$55.70 | 9.2% +US$2.4b | 68.2% | PE130.6x | |
| IP International Paper | US$58.84 | 4.4% +US$854.6m | 78.7% | PE48.7x | |
| PKG Packaging Corporation of America | US$244.10 | 2.4% +US$513.6m | 58.3% | PE28.4x | |
| AMCR Amcor | US$10.34 | 2.3% +US$331.3m | 11.4% | PE19.4x | |
| BERY Berry Global Group | US$69.00 | 3.0% +US$229.2m | 7.7% | PE15.3x |
