CCL Industries Inc. manufactures and sells labels, consumer printable media products, technology driven label solutions, polymer bank note substrates, and specialty films. More Details
Average dividend payer with acceptable track record.
Share Price & News
How has CCL Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CCL.B has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CCL.B underperformed the Canadian Packaging industry which returned 4.2% over the past year.
Return vs Market: CCL.B exceeded the Canadian Market which returned -4.2% over the past year.
Price Volatility Vs. Market
How volatile is CCL Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StHere's Why CCL Industries (TSE:CCL.B) Can Manage Its Debt Responsibly
2 weeks ago | Simply Wall StDoes CCL Industries Inc. (TSE:CCL.B) Have A Place In Your Dividend Portfolio?
4 weeks ago | Simply Wall StOur Take On The Returns On Capital At CCL Industries (TSE:CCL.B)
Is CCL Industries undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CCL.B (CA$52.36) is trading below our estimate of fair value (CA$55.41)
Significantly Below Fair Value: CCL.B is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CCL.B is poor value based on its PE Ratio (20.2x) compared to the CA Packaging industry average (19.9x).
PE vs Market: CCL.B is poor value based on its PE Ratio (20.2x) compared to the Canadian market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: CCL.B is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: CCL.B is overvalued based on its PB Ratio (3.1x) compared to the CA Packaging industry average (2x).
How is CCL Industries forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CCL.B's forecast earnings growth (6.3% per year) is above the savings rate (1.7%).
Earnings vs Market: CCL.B's earnings (6.3% per year) are forecast to grow slower than the Canadian market (21.1% per year).
High Growth Earnings: CCL.B's earnings are forecast to grow, but not significantly.
Revenue vs Market: CCL.B's revenue (3.8% per year) is forecast to grow slower than the Canadian market (5.8% per year).
High Growth Revenue: CCL.B's revenue (3.8% 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
How has CCL Industries performed over the past 5 years?
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 (9%) are higher than last year (8.8%).
Past Earnings Growth Analysis
Earnings Trend: CCL.B's earnings have grown by 12.4% per year over the past 5 years.
Accelerating Growth: CCL.B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CCL.B had negative earnings growth (-2%) over the past year, making it difficult to compare to the Packaging industry average (42.4%).
Return on Equity
High ROE: CCL.B's Return on Equity (15.1%) is considered low.
How is CCL Industries's financial position?
Financial Position Analysis
Short Term Liabilities: CCL.B's short term assets (CA$2.2B) exceed its short term liabilities (CA$1.2B).
Long Term Liabilities: CCL.B's short term assets (CA$2.2B) do not cover its long term liabilities (CA$3.1B).
Debt to Equity History and Analysis
Debt Level: CCL.B's debt to equity ratio (76.1%) is considered high.
Reducing Debt: CCL.B's debt to equity ratio has increased from 49.8% to 76.1% over the past 5 years.
Debt Coverage: CCL.B's debt is well covered by operating cash flow (35.6%).
Interest Coverage: CCL.B's interest payments on its debt are well covered by EBIT (9.1x coverage).
What is CCL Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CCL.B's dividend (1.38%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.69%).
High Dividend: CCL.B's dividend (1.38%) is low compared to the top 25% of dividend payers in the Canadian market (5.78%).
Stability and Growth of Payments
Stable Dividend: CCL.B's dividends per share have been stable in the past 10 years.
Growing Dividend: CCL.B's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27%), CCL.B's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CCL.B's dividends in 3 years are forecast to be well covered by earnings (29.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Geoffrey Martin (65 yo)
Mr. Geoffrey T. Martin has been the Principal Executive Officer of Checkpoint Systems Inc. since May 13, 2016. Mr. Martin has been the President of CCL Industries Inc. since May 17, 2005 and has been its C ...
CEO Compensation Analysis
Compensation vs Market: Geoffrey's total compensation ($USD15.05M) is above average for companies of similar size in the Canadian market ($USD4.00M).
Compensation vs Earnings: Geoffrey's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Executive Chairman||12.42yrs||CA$1.18m||0.00042% |
|Senior VP & CFO||9yrs||CA$4.92m||0.029% |
|Senior Vice President of Finance||no data||CA$5.34m||0.060% |
|President of Home & Personal Care Worldwide||8.92yrs||CA$5.12m||no data|
|President of Food & Beverage||4.58yrs||CA$6.13m||0.039% |
|President of Checkpoint Worldwide||no data||CA$4.26m||0.0081% |
|Vice President of Corporate Accounting||no data||no data||0.00070% |
|VP & General Counsel||6.25yrs||no data||0.0031% |
|VP and MD of Home & Personal Care Europe||no data||no data||no data|
|VP & MD of Healthcare & Specialty Europe||no data||no data||no data|
|VP and MD of Food & Beverage Europe||no data||no data||no data|
Experienced Management: CCL.B's management team is seasoned and experienced (8.9 years average tenure).
|Executive Chairman||12.42yrs||CA$1.18m||0.00042% |
|Independent Director||3.83yrs||CA$185.79k||0.0017% |
|Independent Director||1.42yrs||CA$148.32k||0.13% |
|Independent Director||17.33yrs||CA$266.21k||0.0056% |
|Independent Director||3.92yrs||CA$222.29k||no data|
|Non-Independent Director||29.42yrs||CA$168.92k||0.066% |
|Independent Director||6.33yrs||CA$174.64k||no data|
|Independent Non-Executive Lead Director||no data||CA$192.24k||0.0024% |
|Non-Independent Director||3.83yrs||CA$150.37k||no data|
Experienced Board: CCL.B's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CCL Industries Inc.'s company bio, employee growth, exchange listings and data sources
- Name: CCL Industries Inc.
- Ticker: CCL.B
- Exchange: TSX
- Founded: 1951
- Industry: Metal and Glass Containers
- Sector: Materials
- Market Cap: CA$9.243b
- Shares outstanding: 178.70m
- Website: https://www.cclind.com
Number of Employees
- CCL Industries Inc.
- 111 Gordon Baker Road
- Suite 801
- M2H 3R1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CCL.A||TSX (The Toronto Stock Exchange)||Class A Voting Shares||CA||CAD||Jul 1983|
|CCL.B||TSX (The Toronto Stock Exchange)||Yes||Class B Non-Voting Shares||CA||CAD||Jul 1983|
|CCDB.F||OTCPK (Pink Sheets LLC)||Yes||Class B Non-Voting Shares||US||USD||Jul 1983|
|1C9||DB (Deutsche Boerse AG)||Yes||Class B Non-Voting Shares||DE||EUR||Jul 1983|
|CCLL.F||OTCPK (Pink Sheets LLC)||Class A Voting Shares||US||USD||Jul 1983|
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 ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/21 00:23|
|End of Day Share Price||2020/10/20 00:00|
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.