CCL Industries Valuation

Is CCL.B undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CCL.B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CCL.B (CA$77.68) is trading below our estimate of fair value (CA$146.02)

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


Key Valuation Metric

Which metric is best to use when looking at relative valuation for CCL.B?

Key metric: As CCL.B is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CCL.B. This is calculated by dividing CCL.B's market cap by their current earnings.
What is CCL.B's PE Ratio?
PE Ratio19.6x
EarningsCA$702.10m
Market CapCA$13.80b

Price to Earnings Ratio vs Peers

How does CCL.B's PE Ratio compare to its peers?

The above table shows the PE ratio for CCL.B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.2x
WPK Winpak
15.1x6.3%CA$3.1b
TCL.A Transcontinental
12.6x8.6%CA$1.4b
RPI.UN Richards Packaging Income Fund
8.5xn/aCA$317.1m
LUN Lundin Mining
28.5x25.5%CA$11.0b
CCL.B CCL Industries
19.6x8.4%CA$13.8b

Price-To-Earnings vs Peers: CCL.B is expensive based on its Price-To-Earnings Ratio (19.6x) compared to the peer average (16.2x).


Price to Earnings Ratio vs Industry

How does CCL.B's PE Ratio compare vs other companies in the North American Packaging Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CCL.B 19.6xIndustry Avg. 19.7xNo. of Companies4PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CCL.B is good value based on its Price-To-Earnings Ratio (19.6x) compared to the North American Packaging industry average (19.7x).


Price to Earnings Ratio vs Fair Ratio

What is CCL.B's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CCL.B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.6x
Fair PE Ratio17.1x

Price-To-Earnings vs Fair Ratio: CCL.B is expensive based on its Price-To-Earnings Ratio (19.6x) compared to the estimated Fair Price-To-Earnings Ratio (17.1x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CCL.B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$77.68
CA$89.80
+15.6%
3.9%CA$96.00CA$85.00n/a10
Nov ’25CA$81.85
CA$89.20
+9.0%
4.6%CA$98.00CA$84.00n/a10
Oct ’25CA$81.24
CA$87.80
+8.1%
3.0%CA$92.00CA$84.00n/a10
Sep ’25CA$77.05
CA$86.09
+11.7%
2.8%CA$92.00CA$83.00n/a11
Aug ’25CA$74.13
CA$83.91
+13.2%
2.8%CA$90.00CA$80.00n/a11
Jul ’25CA$71.94
CA$83.64
+16.3%
2.7%CA$90.00CA$80.00n/a11
Jun ’25CA$70.25
CA$83.18
+18.4%
3.0%CA$90.00CA$80.00n/a11
May ’25CA$70.81
CA$81.27
+14.8%
2.4%CA$84.00CA$78.00n/a11
Apr ’25CA$69.48
CA$80.90
+16.4%
2.2%CA$84.00CA$78.00n/a10
Mar ’25CA$69.73
CA$80.00
+14.7%
3.0%CA$83.00CA$74.00n/a10
Feb ’25CA$57.70
CA$72.90
+26.3%
5.0%CA$79.00CA$65.00n/a10
Jan ’25CA$59.59
CA$72.90
+22.3%
5.0%CA$79.00CA$65.00n/a10
Dec ’24CA$57.56
CA$73.00
+26.8%
5.0%CA$79.00CA$65.00n/a10
Nov ’24CA$54.35
CA$76.25
+40.3%
3.9%CA$81.00CA$71.00CA$81.858
Oct ’24CA$57.01
CA$76.25
+33.7%
3.9%CA$81.00CA$71.00CA$81.248
Sep ’24CA$60.84
CA$76.25
+25.3%
3.9%CA$81.00CA$71.00CA$77.058
Aug ’24CA$63.13
CA$77.13
+22.2%
3.6%CA$81.00CA$71.00CA$74.138
Jul ’24CA$65.12
CA$77.11
+18.4%
3.4%CA$81.00CA$71.00CA$71.949
Jun ’24CA$62.70
CA$77.11
+23.0%
3.4%CA$81.00CA$71.00CA$70.259
May ’24CA$65.20
CA$75.00
+15.0%
3.8%CA$79.00CA$71.00CA$70.819
Apr ’24CA$67.14
CA$75.00
+11.7%
3.8%CA$79.00CA$71.00CA$69.489
Mar ’24CA$65.60
CA$75.22
+14.7%
3.9%CA$79.00CA$71.00CA$69.739
Feb ’24CA$61.69
CA$75.33
+22.1%
3.9%CA$80.00CA$71.00CA$57.709
Jan ’24CA$57.84
CA$75.50
+30.5%
4.2%CA$82.00CA$71.00CA$59.5910
Dec ’23CA$62.62
CA$75.90
+21.2%
4.3%CA$82.00CA$71.00CA$57.5610
Nov ’23CA$63.62
CA$78.40
+23.2%
4.7%CA$84.00CA$73.00CA$54.3510

Analyst Forecast: Target price is less than 20% higher than the current share price.


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