Graphic Packaging Holding Company Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Aug 02
U.S. Packaging Industry Analysis
UpdatedAug 02, 2024
DataAggregated Company Financials
Companies25
- 7D1.3%
- 3M4.1%
- 1Y9.8%
- YTD9.5%
The Packaging industry is up 1.3% in the last week, with Ball up 4.0%. Meanwhile, Smurfit Westrock actually underperformed within the industry, shrinking 9.2% in the last week. This means that the industry has gained 9.8% over the past year. Looking forward, earnings are forecast to grow by 11% 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 |
|---|---|---|---|---|---|---|
| Fri, 02 Aug 2024 | US$172.6b | US$148.7b | US$6.8b | 24.3x | 25.3x | 1.2x |
| Sun, 30 Jun 2024 | US$151.1b | US$156.8b | US$6.1b | 21.6x | 25x | 1x |
| Tue, 28 May 2024 | US$161.5b | US$156.7b | US$6.1b | 23.5x | 26.4x | 1x |
| Thu, 25 Apr 2024 | US$149.2b | US$159.2b | US$4.4b | 18.5x | 33.6x | 0.9x |
| Sat, 23 Mar 2024 | US$154.4b | US$159.1b | US$4.4b | 19x | 34.8x | 1x |
| Mon, 19 Feb 2024 | US$140.6b | US$154.0b | US$4.1b | 19.2x | 34.3x | 0.9x |
| Wed, 17 Jan 2024 | US$141.3b | US$155.9b | US$5.4b | 15.2x | 26.1x | 0.9x |
| Fri, 15 Dec 2023 | US$141.6b | US$155.9b | US$5.4b | 15.6x | 26.2x | 0.9x |
| Sun, 12 Nov 2023 | US$128.2b | US$156.5b | US$5.4b | 14.4x | 23.8x | 0.8x |
| Tue, 10 Oct 2023 | US$128.2b | US$159.5b | US$7.0b | 12.8x | 18.2x | 0.8x |
| Thu, 07 Sep 2023 | US$131.1b | US$159.5b | US$7.0b | 13.3x | 18.6x | 0.8x |
| Sat, 05 Aug 2023 | US$136.6b | US$160.5b | US$7.1b | 14.5x | 19.3x | 0.9x |
| Mon, 03 Jul 2023 | US$133.5b | US$168.2b | US$7.9b | 12.5x | 16.9x | 0.8x |
| Wed, 31 May 2023 | US$127.1b | US$168.6b | US$7.9b | 12.3x | 16.1x | 0.8x |
| Fri, 28 Apr 2023 | US$133.1b | US$169.5b | US$10.6b | 12.5x | 12.5x | 0.8x |
| Sun, 26 Mar 2023 | US$132.3b | US$170.0b | US$10.8b | 12.5x | 12.3x | 0.8x |
| Tue, 21 Feb 2023 | US$144.1b | US$170.2b | US$10.5b | 14x | 13.8x | 0.8x |
| Thu, 19 Jan 2023 | US$142.4b | US$170.4b | US$10.0b | 13.9x | 14.3x | 0.8x |
| Sat, 17 Dec 2022 | US$137.0b | US$170.4b | US$10.0b | 12.9x | 13.7x | 0.8x |
| Mon, 14 Nov 2022 | US$138.4b | US$170.7b | US$10.0b | 13x | 13.8x | 0.8x |
| Wed, 12 Oct 2022 | US$125.3b | US$166.6b | US$8.5b | 12.7x | 14.7x | 0.8x |
| Fri, 09 Sep 2022 | US$147.8b | US$166.6b | US$8.5b | 14.1x | 17.4x | 0.9x |
| Sun, 07 Aug 2022 | US$145.1b | US$166.0b | US$8.6b | 13.6x | 16.8x | 0.9x |
| Tue, 05 Jul 2022 | US$130.7b | US$146.4b | US$6.7b | 16.2x | 19.7x | 0.9x |
| Thu, 02 Jun 2022 | US$141.0b | US$146.1b | US$6.7b | 17.6x | 21.1x | 1x |
| Sat, 30 Apr 2022 | US$147.0b | US$143.8b | US$6.4b | 16.3x | 22.9x | 1x |
| Mon, 28 Mar 2022 | US$155.9b | US$140.4b | US$5.8b | 19.3x | 26.7x | 1.1x |
| Wed, 23 Feb 2022 | US$148.2b | US$135.5b | US$6.0b | 20x | 24.5x | 1.1x |
| Fri, 21 Jan 2022 | US$150.2b | US$136.8b | US$7.7b | 22x | 19.6x | 1.1x |
| Sun, 19 Dec 2021 | US$148.3b | US$136.8b | US$7.7b | 22.1x | 19.3x | 1.1x |
| Tue, 16 Nov 2021 | US$158.3b | US$135.7b | US$7.6b | 24.3x | 20.9x | 1.2x |
| Thu, 14 Oct 2021 | US$153.7b | US$132.2b | US$5.3b | 20.5x | 29x | 1.2x |
| Sat, 11 Sep 2021 | US$159.5b | US$131.4b | US$5.4b | 20x | 29.8x | 1.2x |
| Mon, 09 Aug 2021 | US$152.6b | US$125.1b | US$5.0b | 20.7x | 30.3x | 1.2x |
Price to Earnings Ratio
30.3x
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 25.3x which is higher than its 3-year average PE of 21.5x.
- 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 grown 11% per year over the last three years.
- Revenues for these companies have grown 5.9% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Materials industry?
| US Market | 0.32% | |
| Materials | 1.40% | |
| Packaging | 1.26% | |
| Metal and Glass Containers | 4.44% | |
| Paper Packaging | -0.37% | |
Industry PE
- Investors are most optimistic about the Metal and Glass Containers industry which is trading above its 3-year average PE ratio of 20.5x.
- Analysts are expecting annual earnings growth of 6.1%, which is higher than its past year's earnings decline of 9.1% per year.
- Investors are most pessimistic about the Paper Packaging industry, which is trading close to its 3-year average of 25.0x.
Forecasted Growth
- Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 14% over the next 5 years.
- This is better than its past earnings decline of 20% per year.
- In contrast, the Metal and Glass Containers industry is expected to see its earnings grow by 6.1% 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 | |
|---|---|---|---|---|---|
| BALL Ball | US$64.54 | 4.0% +US$772.8m | 9.3% | PE30.4x | |
| SLGN Silgan Holdings | US$52.69 | 12.2% +US$609.7m | 19.9% | PE18.4x | |
| AMCR Amcor | US$10.50 | 3.4% +US$505.5m | 7.5% | PE23.3x | |
| GPK Graphic Packaging Holding | US$29.55 | 8.3% +US$482.3m | 28.9% | PE12.3x | |
| AVY Avery Dennison | US$214.05 | 2.4% +US$391.4m | 15.6% | PE27.3x |
