CCL.

CCL IndustriesTSX:CCL.B Stock Report

Market Cap

CA$12.9b

7D

-2.6%

1Y

48.5%

Updated

16 Sep, 2021

Data

Company Financials +
CCL.B fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance4/6
Financial Health4/6
Dividends4/6

CCL.B Overview

CCL Industries Inc. manufactures and sells labels, consumer printable media products, technology driven label solutions, polymer bank note substrates, and specialty films.

CCL Industries Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CCL Industries
Historical stock prices
Current Share PriceCA$71.04
52 Week HighCA$47.10
52 Week LowCA$75.19
Beta0.64
1 Month Change0.085%
3 Month Change3.91%
1 Year Change48.46%
3 Year Change18.48%
5 Year Change41.51%
Change since IPO3,496.96%

Recent News & Updates

Aug 27
Are Investors Undervaluing CCL Industries Inc. (TSE:CCL.B) By 22%?

Are Investors Undervaluing CCL Industries Inc. (TSE:CCL.B) By 22%?

How far off is CCL Industries Inc. ( TSE:CCL.B ) from its intrinsic value? Using the most recent financial data, we'll...

Shareholder Returns

CCL.BCA PackagingCA Market
7D-2.6%-2.4%-0.2%
1Y48.5%33.0%29.1%

Return vs Industry: CCL.B exceeded the Canadian Packaging industry which returned 34.3% over the past year.

Return vs Market: CCL.B exceeded the Canadian Market which returned 30% over the past year.

Price Volatility

Is CCL.B's price volatile compared to industry and market?
CCL.B volatility
CCL.B Beta0.64
Industry Beta0.81
Market Beta1

Stable Share Price: CCL.B is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: CCL.B's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195122,200Geoffrey Martinhttps://www.cclind.com

CCL Industries Inc. manufactures and sells labels, consumer printable media products, technology driven label solutions, polymer bank note substrates, and specialty films. The company operates through four segments: CCL, Avery, Checkpoint, and Innovia. The CCL segment offers pressure sensitive and extruded film materials for decorative, instructional, security, and functional applications in the consumer packaging, healthcare, chemicals, consumer durables, electronic device, and automotive markets.

CCL Industries Fundamentals Summary

How do CCL Industries's earnings and revenue compare to its market cap?
CCL.B fundamental statistics
Market CapCA$12.94b
Earnings (TTM)CA$600.00m
Revenue (TTM)CA$5.48b

21.3x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CCL.B income statement (TTM)
RevenueCA$5.48b
Cost of RevenueCA$3.88b
Gross ProfitCA$1.60b
ExpensesCA$1.00b
EarningsCA$600.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.35
Gross Margin29.23%
Net Profit Margin10.95%
Debt/Equity Ratio52.1%

How did CCL.B perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

23%

Payout Ratio

Valuation

Is CCL Industries undervalued compared to its fair value and its price relative to the market?

23.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CCL.B (CA$71.04) is trading below our estimate of fair value (CA$92.32)

Significantly Below Fair Value: CCL.B is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CCL.B is poor value based on its PE Ratio (21.3x) compared to the Canadian Packaging industry average (15.5x).

PE vs Market: CCL.B is poor value based on its PE Ratio (21.3x) compared to the Canadian market (12.9x).


Price to Earnings Growth Ratio

PEG Ratio: CCL.B is poor value based on its PEG Ratio (5.3x)


Price to Book Ratio

PB vs Industry: CCL.B is overvalued based on its PB Ratio (3.7x) compared to the CA Packaging industry average (2.2x).


Future Growth

How is CCL Industries forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

4.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CCL.B's forecast earnings growth (4% per year) is above the savings rate (1.5%).

Earnings vs Market: CCL.B's earnings (4% per year) are forecast to grow slower than the Canadian market (12.1% per year).

High Growth Earnings: CCL.B's earnings are forecast to grow, but not significantly.

Revenue vs Market: CCL.B's revenue (4.2% per year) is forecast to grow slower than the Canadian market (6.1% per year).

High Growth Revenue: CCL.B's revenue (4.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CCL.B's Return on Equity is forecast to be high in 3 years time


Past Performance

How has CCL Industries performed over the past 5 years?

9.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CCL.B has high quality earnings.

Growing Profit Margin: CCL.B's current net profit margins (10.9%) are higher than last year (9%).


Past Earnings Growth Analysis

Earnings Trend: CCL.B's earnings have grown by 9.2% per year over the past 5 years.

Accelerating Growth: CCL.B's earnings growth over the past year (29.7%) exceeds its 5-year average (9.2% per year).

Earnings vs Industry: CCL.B earnings growth over the past year (29.7%) underperformed the Packaging industry 29.7%.


Return on Equity

High ROE: CCL.B's Return on Equity (17.3%) is considered low.


Financial Health

How is CCL Industries's financial position?


Financial Position Analysis

Short Term Liabilities: CCL.B's short term assets (CA$2.4B) exceed its short term liabilities (CA$1.4B).

Long Term Liabilities: CCL.B's short term assets (CA$2.4B) do not cover its long term liabilities (CA$2.5B).


Debt to Equity History and Analysis

Debt Level: CCL.B's debt to equity ratio (52.1%) is considered high.

Reducing Debt: CCL.B's debt to equity ratio has reduced from 102.6% to 52.1% over the past 5 years.

Debt Coverage: CCL.B's debt is well covered by operating cash flow (50.7%).

Interest Coverage: CCL.B's interest payments on its debt are well covered by EBIT (13x coverage).


Balance Sheet


Dividend

What is CCL Industries's current dividend yield, its reliability and sustainability?

1.18%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CCL.B's dividend (1.18%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.63%).

High Dividend: CCL.B's dividend (1.18%) is low compared to the top 25% of dividend payers in the Canadian market (4.45%).


Stability and Growth of Payments

Stable Dividend: CCL.B's dividends per share have been stable in the past 10 years.

Growing Dividend: CCL.B's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23.3%), CCL.B's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CCL.B's dividends in 3 years are forecast to be well covered by earnings (26.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.5yrs

Average management tenure


CEO

Geoffrey Martin (66 yo)

13.33yrs

Tenure

CA$5,672,729

Compensation

Mr. Geoffrey T. Martin has been the Principal Executive Officer of Checkpoint Systems Inc. since May 13, 2016. Mr. Martin has been the President of CCL Industries Inc. since May 17, 2005 and has been its C...


CEO Compensation Analysis

Compensation vs Market: Geoffrey's total compensation ($USD4.47M) is about average for companies of similar size in the Canadian market ($USD5.92M).

Compensation vs Earnings: Geoffrey's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CCL.B's management team is seasoned and experienced (8.5 years average tenure).


Board Members

Experienced Board: CCL.B's board of directors are considered experienced (4.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CCL.B insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

CCL Industries Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: CCL Industries Inc.
  • Ticker: CCL.B
  • Exchange: TSX
  • Founded: 1951
  • Industry: Metal and Glass Containers
  • Sector: Materials
  • Market Cap: CA$12.944b
  • Shares outstanding: 179.76m
  • Website: https://www.cclind.com

Number of Employees


Location

  • CCL Industries Inc.
  • 111 Gordon Baker Road
  • Suite 801
  • Toronto
  • Ontario
  • M2H 3R1
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 22:51
End of Day Share Price2021/09/16 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.