These 4 Measures Indicate That Packaging Corporation of America (NYSE:PKG) Is Using Debt Reasonably Well
May 12
U.S. Paper Packaging Industry Analysis
UpdatedMay 30, 2023
DataAggregated Company Financials
Companies15
- 7D-2.8%
- 3M-9.5%
- 1Y-22.7%
- YTD-10.4%
Over the last 7 days, the Paper Packaging industry has dropped 2.7%, driven by declines in Amcor and Avery Dennison of 4.7% and 4.6%, respectively. Overall the industry is down 23% in 12 months. As for the next few years, earnings are expected to grow by 12% per annum.
Industry Valuation and Performance
Has the U.S. Paper Packaging Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 30 May 2023 | US$71.8b | US$97.5b | US$4.1b | 11.8x | 17.3x | 0.7x |
| Thu, 27 Apr 2023 | US$75.0b | US$98.1b | US$6.5b | 12.4x | 11.5x | 0.8x |
| Sat, 25 Mar 2023 | US$76.0b | US$98.1b | US$6.6b | 12.3x | 11.5x | 0.8x |
| Mon, 20 Feb 2023 | US$81.9b | US$98.1b | US$6.4b | 12.8x | 12.8x | 0.8x |
| Wed, 18 Jan 2023 | US$83.7b | US$97.7b | US$6.6b | 13.6x | 12.6x | 0.9x |
| Fri, 16 Dec 2022 | US$81.9b | US$97.7b | US$6.6b | 12.5x | 12.3x | 0.8x |
| Sun, 13 Nov 2022 | US$81.5b | US$97.7b | US$6.7b | 12.3x | 12.2x | 0.8x |
| Tue, 11 Oct 2022 | US$73.3b | US$94.9b | US$5.7b | 12.1x | 12.8x | 0.8x |
| Thu, 08 Sep 2022 | US$85.1b | US$94.9b | US$5.7b | 13.4x | 14.8x | 0.9x |
| Sat, 06 Aug 2022 | US$86.9b | US$94.4b | US$5.9b | 13.2x | 14.7x | 0.9x |
| Mon, 04 Jul 2022 | US$66.8b | US$76.9b | US$3.9b | 14x | 17x | 0.9x |
| Wed, 01 Jun 2022 | US$74.4b | US$76.9b | US$3.9b | 15.9x | 18.9x | 1x |
| Fri, 29 Apr 2022 | US$76.1b | US$75.0b | US$3.9b | 16.4x | 19.6x | 1x |
| Sun, 27 Mar 2022 | US$76.4b | US$73.6b | US$3.7b | 18.3x | 20.5x | 1x |
| Tue, 22 Feb 2022 | US$77.1b | US$73.2b | US$3.7b | 18.5x | 20.8x | 1.1x |
| Thu, 20 Jan 2022 | US$78.1b | US$74.3b | US$4.2b | 20.1x | 18.5x | 1.1x |
| Sat, 18 Dec 2021 | US$76.0b | US$74.3b | US$4.2b | 19.7x | 18x | 1x |
| Mon, 15 Nov 2021 | US$82.4b | US$74.3b | US$4.2b | 21x | 19.5x | 1.1x |
| Wed, 13 Oct 2021 | US$82.4b | US$72.0b | US$1.8b | 22x | 46.6x | 1.1x |
| Fri, 10 Sep 2021 | US$86.9b | US$72.0b | US$1.8b | 24x | 49.2x | 1.2x |
| Sun, 08 Aug 2021 | US$83.8b | US$72.0b | US$1.8b | 22.5x | 47.3x | 1.2x |
| Sat, 01 May 2021 | US$85.4b | US$69.2b | US$1.6b | 27.6x | 51.8x | 1.2x |
| Tue, 02 Feb 2021 | US$70.2b | US$68.7b | US$1.2b | 25.8x | 60x | 1x |
| Fri, 06 Nov 2020 | US$60.9b | US$68.7b | US$1.0b | 21.9x | 59.4x | 0.9x |
| Mon, 10 Aug 2020 | US$49.2b | US$64.5b | US$2.8b | 18.2x | 17.3x | 0.8x |
Price to Earnings Ratio
15.5x
Current Industry PE
- Investors are pessimistic on the American Paper Packaging industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 17.3x which is lower than its 3-year average PE of 30.1x.
- The industry is trading close to its 3-year average PS ratio of 0.96x.
Past Earnings Growth
- The earnings for companies in the Paper Packaging industry have grown 9.1% per year over the last three years.
- Revenues for these companies have grown 14% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. Paper Packaging compare with similar industries?
| US Market | 0.061% | |
| Materials | -2.65% | |
| Packaging | -2.18% | |
| Paper Packaging | -2.77% | |
| Metal and Glass Containers | -1.41% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| WRK WestRock | US$28.47 | 1.0% +US$74.3m | -41.3% | PS0.3x | |
| OCTO Eightco Holdings | US$1.90 | 0.5% +US$23.7k | -99.6% | PS0.1x |