| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
WPK Stock Overview
Winpak Ltd. manufactures and distributes packaging materials and related packaging machines in the United States, Canada, Mexico, and internationally.
Rewards
Risk Analysis
WPK passed our risk checks.
Winpak Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$36.40 |
| 52 Week High | CA$45.59 |
| 52 Week Low | CA$34.74 |
| Beta | 0.19 |
| 1 Month Change | -0.55% |
| 3 Month Change | -8.36% |
| 1 Year Change | -13.02% |
| 3 Year Change | -24.64% |
| 5 Year Change | -24.02% |
| Change since IPO | 3,065.22% |
Recent News & Updates
Here's What's Concerning About Winpak's (TSE:WPK) Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
Winpak (TSE:WPK) May Have Issues Allocating Its Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Shareholder Returns
| WPK | CA Packaging | CA Market | |
|---|---|---|---|
| 7D | -1.2% | -3.0% | -2.9% |
| 1Y | -13.0% | -1.6% | 15.9% |
Return vs Industry: WPK underperformed the Canadian Packaging industry which returned -1.6% over the past year.
Return vs Market: WPK underperformed the Canadian Market which returned 15.9% over the past year.
Price Volatility
| WPK volatility | |
|---|---|
| WPK Average Weekly Movement | 2.6% |
| Packaging Industry Average Movement | 3.8% |
| Market Average Movement | 9.9% |
| 10% most volatile stocks in CA Market | 17.4% |
| 10% least volatile stocks in CA Market | 3.7% |
Stable Share Price: WPK is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: WPK's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1975 | 2,507 | Olivier Muggli | https://www.winpak.com |
Winpak Ltd. manufactures and distributes packaging materials and related packaging machines in the United States, Canada, Mexico, and internationally. The company operates through three segments: Flexible Packaging, Rigid Packaging and Flexible Lidding, and Packaging Machinery. The Flexible Packaging segment provides modified atmosphere packaging products for fresh and processed meats, poultry, cheese, medical device packaging, and high performance pouch applications; high-barrier films for converting applications; barrier and non-barrier films for printing, laminating, and bag making, including shrink bags; and biaxially oriented nylon films for printing, metalizing, or laminating processes, food packaging, and industrial applications.
Winpak Fundamentals Summary
| WPK fundamental statistics | |
|---|---|
| Market Cap | US$1.89b |
| Earnings (TTM) | US$101.03m |
| Revenue (TTM) | US$935.03m |
18.7x
P/E Ratio2.0x
P/S RatioIs WPK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WPK income statement (TTM) | |
|---|---|
| Revenue | US$935.03m |
| Cost of Revenue | US$672.07m |
| Gross Profit | US$262.97m |
| Expenses | US$161.93m |
| Earnings | US$101.03m |
Last Reported Earnings
Sep 26, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.55 |
| Gross Margin | 28.12% |
| Net Profit Margin | 10.81% |
| Debt/Equity Ratio | 0% |
How did WPK perform over the long term?
See historical performance and comparisonDividends
0.3%
Current Dividend Yield6%
Payout RatioValuation
Is Winpak undervalued compared to its fair value and its price relative to the market?
47.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WPK (CA$36.4) is trading below our estimate of fair value (CA$68.79)
Significantly Below Fair Value: WPK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WPK is poor value based on its PE Ratio (18.7x) compared to the Canadian Packaging industry average (14.5x).
PE vs Market: WPK is poor value based on its PE Ratio (18.7x) compared to the Canadian market (12.8x).
Price to Earnings Growth Ratio
PEG Ratio: WPK is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: WPK is overvalued based on its PB Ratio (1.8x) compared to the CA Packaging industry average (1.7x).
Future Growth
How is Winpak forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
10.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WPK's forecast earnings growth (10.8% per year) is above the savings rate (1.6%).
Earnings vs Market: WPK's earnings (10.8% per year) are forecast to grow slower than the Canadian market (10.9% per year).
High Growth Earnings: WPK's earnings are forecast to grow, but not significantly.
Revenue vs Market: WPK's revenue (3.6% per year) is forecast to grow slower than the Canadian market (5.5% per year).
High Growth Revenue: WPK's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WPK's Return on Equity is forecast to be low in 3 years time (9.8%).
Past Performance
How has Winpak performed over the past 5 years?
-0.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WPK has high quality earnings.
Growing Profit Margin: WPK's current net profit margins (10.8%) are lower than last year (12.3%).
Past Earnings Growth Analysis
Earnings Trend: WPK's earnings have declined by 0.6% per year over the past 5 years.
Accelerating Growth: WPK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WPK had negative earnings growth (-4.5%) over the past year, making it difficult to compare to the Packaging industry average (22.9%).
Return on Equity
High ROE: WPK's Return on Equity (9.7%) is considered low.
Financial Health
How is Winpak's financial position?
Financial Position Analysis
Short Term Liabilities: WPK's short term assets ($704.0M) exceed its short term liabilities ($79.6M).
Long Term Liabilities: WPK's short term assets ($704.0M) exceed its long term liabilities ($102.4M).
Debt to Equity History and Analysis
Debt Level: WPK is debt free.
Reducing Debt: WPK has not had any debt for past 5 years.
Debt Coverage: WPK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WPK has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Winpak current dividend yield, its reliability and sustainability?
0.32%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WPK's dividend (0.32%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.61%).
High Dividend: WPK's dividend (0.32%) is low compared to the top 25% of dividend payers in the Canadian market (4.75%).
Stability and Growth of Payments
Stable Dividend: WPK is not paying a notable dividend for the Canadian market, therefore no need to check if payments are stable.
Growing Dividend: WPK is not paying a notable dividend for the Canadian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: WPK is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WPK's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.1yrs
Average management tenure
CEO
Olivier Muggli
4.42yrs
Tenure
US$756,995
Compensation
Mr. Olivier Y. Muggli has been the Chief Executive Officer and President of Winpak Ltd. since August 1, 2017. Mr. Muggli served as the Chief Operating Officer and Executive Vice President of Winpak Ltd....
CEO Compensation Analysis
Compensation vs Market: Olivier's total compensation ($USD757.00K) is below average for companies of similar size in the Canadian market ($USD1.93M).
Compensation vs Earnings: Olivier's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: WPK's management team is considered experienced (3.1 years average tenure).
Board Members
Experienced Board: WPK's board of directors are considered experienced (5.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WPK insiders have bought more shares than they have sold 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
Winpak Ltd.'s employee growth, exchange listings and data sources
Key Information
- Name: Winpak Ltd.
- Ticker: WPK
- Exchange: TSX
- Founded: 1975
- Industry: Metal and Glass Containers
- Sector: Materials
- Implied Market Cap: CA$2.366b
- Shares outstanding: 65.00m
- Website: https://www.winpak.com
Number of Employees
Location
- Winpak Ltd.
- 100 Saulteaux Crescent
- Winnipeg
- Manitoba
- R3J 3T3
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/22 23:38 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/26 |
| Annual Earnings | 2020/12/27 |
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.