Richards Packaging Income Fund, together with its subsidiaries, manufactures and distributes packaging and related products in Canada and the United States. More Details
RPI.UN passed our risk checks.
Flawless balance sheet with solid track record and pays a dividend.
Share Price & News
How has Richards Packaging Income Fund's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RPI.UN is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: RPI.UN's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: RPI.UN underperformed the Canadian Packaging industry which returned 56.7% over the past year.
Return vs Market: RPI.UN matched the Canadian Market which returned 36.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Richards Packaging Income Fund's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StRichards Packaging Income Fund (TSE:RPI.UN) Could Be A Buy For Its Upcoming Dividend
2 weeks ago | Simply Wall StShareholders Of Richards Packaging Income Fund (TSE:RPI.UN) Must Be Happy With Their 268% Total Return
1 month ago | Simply Wall StIs Richards Packaging Income Fund (TSE:RPI.UN) Popular Amongst Insiders?
Is Richards Packaging Income Fund 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: RPI.UN (CA$66.95) is trading below our estimate of fair value (CA$89.29)
Significantly Below Fair Value: RPI.UN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RPI.UN's PE Ratio (16.6x) is in line with the CA Packaging industry average.
PE vs Market: RPI.UN is poor value based on its PE Ratio (16.6x) compared to the Canadian market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RPI.UN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RPI.UN is overvalued based on its PB Ratio (6x) compared to the CA Packaging industry average (3.8x).
How is Richards Packaging Income Fund forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if RPI.UN's forecast earnings growth is above the savings rate (1.5%).
Earnings vs Market: Insufficient data to determine if RPI.UN's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RPI.UN's revenue is expected to decline over the next 3 years (-0.4% per year).
High Growth Revenue: RPI.UN's revenue is forecast to decline over the next 3 years (-0.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if RPI.UN's Return on Equity is forecast to be high in 3 years time
How has Richards Packaging Income Fund performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RPI.UN has high quality earnings.
Growing Profit Margin: RPI.UN's current net profit margins (10.1%) are higher than last year (8.9%).
Past Earnings Growth Analysis
Earnings Trend: RPI.UN's earnings have grown significantly by 33% per year over the past 5 years.
Accelerating Growth: RPI.UN's earnings growth over the past year (53.3%) exceeds its 5-year average (33% per year).
Earnings vs Industry: RPI.UN earnings growth over the past year (53.3%) underperformed the Packaging industry 76.1%.
Return on Equity
High ROE: RPI.UN's Return on Equity (29%) is considered high.
How is Richards Packaging Income Fund's financial position?
Financial Position Analysis
Short Term Liabilities: RPI.UN's short term assets (CA$147.8M) exceed its short term liabilities (CA$99.4M).
Long Term Liabilities: RPI.UN's short term assets (CA$147.8M) exceed its long term liabilities (CA$70.1M).
Debt to Equity History and Analysis
Debt Level: RPI.UN's debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: RPI.UN's debt to equity ratio has reduced from 66.2% to 28.9% over the past 5 years.
Debt Coverage: RPI.UN's debt is well covered by operating cash flow (92.2%).
Interest Coverage: RPI.UN's interest payments on its debt are well covered by EBIT (34.2x coverage).
What is Richards Packaging Income Fund current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RPI.UN's dividend (1.97%) is higher than the bottom 25% of dividend payers in the Canadian market (1.51%).
High Dividend: RPI.UN's dividend (1.97%) is low compared to the top 25% of dividend payers in the Canadian market (4.52%).
Stability and Growth of Payments
Stable Dividend: RPI.UN's dividends per share have been stable in the past 10 years.
Growing Dividend: RPI.UN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.7%), RPI.UN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Richards Packaging Income Fund has no CEO, or we have no data on them.
Experienced Management: RPI.UN's management team is seasoned and experienced (39.3 years average tenure).
Experienced Board: RPI.UN's board of directors are seasoned and experienced ( 16.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RPI.UN 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.
Richards Packaging Income Fund's company bio, employee growth, exchange listings and data sources
- Name: Richards Packaging Income Fund
- Ticker: RPI.UN
- Exchange: TSX
- Founded: 1912
- Industry: Metal and Glass Containers
- Sector: Materials
- Market Cap: CA$751.849m
- Shares outstanding: 11.23m
- Website: https://www.richardspackaging.com
Number of Employees
- Richards Packaging Income Fund
- 6095 Ordan Drive
- L5T 2M7
Richards Packaging Income Fund, together with its subsidiaries, manufactures and distributes packaging and related products in Canada and the United States. It offers plastic and glass containers, and meta...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/08 23:04|
|End of Day Share Price||2021/05/07 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.