Winpak
Winpak Ltd. manufactures and distributes packaging materials and related packaging machines in the United States, Canada, and internationally. The last earnings update was 24 days ago. More info.
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WPK Share Price and Events
7 Day Returns
1 Year Returns
WPK Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Winpak (WPK) | 0.7% | -13.9% | -8.5% | -12.2% | -14.3% | 58.9% |
| CA Packaging | -1.2% | -10.7% | 1.8% | -18.6% | 3.2% | 112.7% |
| CA Market | 0.5% | 1.7% | 14.2% | 0.9% | 17.2% | 6.3% |
1 Year Return vs Industry and Market
- WPK outperformed the Packaging industry which returned -18.6% over the past year.
- WPK underperformed the Market in Canada which returned 0.9% over the past year.
Value
Is Winpak undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Winpak
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Winpak.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 6 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 7.4% |
| Perpetual Growth Rate | 10-Year CA Government Bond Rate | 1.9% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year CA Govt Bond Rate | 1.9% |
| Equity Risk Premium | S&P Global | 6% |
| Packaging Unlevered Beta | Simply Wall St/ S&P Global | 0.87 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.867 (1 + (1- 26.5%) (0%)) |
0.911 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.91 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (0.911 * 5.96%) |
7.38% |
Discounted Cash Flow Calculation for TSX:WPK using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Winpak is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 7.38%) |
|
|---|---|---|---|
| 2019 | 97.63 | Analyst x3 | 90.93 |
| 2020 | 101.40 | Analyst x3 | 87.95 |
| 2021 | 104.67 | Est @ 3.23% | 84.55 |
| 2022 | 107.65 | Est @ 2.84% | 80.98 |
| 2023 | 110.42 | Est @ 2.57% | 77.36 |
| 2024 | 113.06 | Est @ 2.39% | 73.77 |
| 2025 | 115.61 | Est @ 2.25% | 70.25 |
| 2026 | 118.11 | Est @ 2.16% | 66.84 |
| 2027 | 120.58 | Est @ 2.1% | 63.55 |
| 2028 | 123.06 | Est @ 2.05% | 60.40 |
| Present value of next 10 years cash flows | $756.57 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $123.06 × (1 + 1.95%) ÷ (7.38% – 1.95%) |
$2,310.91 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $2,310.91 ÷ (1 + 7.38%)10 |
$1,134.28 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $756.57 + $1,134.28 |
$1,890.86 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $1,890.86 / 65.00 |
$29.09 |
| Calculation | Result | |
|---|---|---|
| Exchange Rate | USD/CAD
(Reporting currency to currency of TSX:WPK) |
1.341 |
| Value per Share (CAD) |
= Value per Share in USD x Exchange Rate (USD/CAD)
= $29.09 x 1.341 |
CA$39 |
| Value per share (CAD) | From above. | CA$39.00 |
| Current discount | Discount to share price of
CA$41.79
= -1 x (CA$41.79 - CA$39.00) / CA$39.00 |
-7.2% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Winpak is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Winpak's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Winpak's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-30) in USD | $1.68 |
| TSX:WPK Share Price ** | TSX (2019-03-22) in CAD | CA$41.79 |
| TSX:WPK Share Price converted to USD reporting currency | Exchange rate (CAD/ USD) 0.746 | $31.17 |
| Canada Packaging Industry PE Ratio | Median Figure of 6 Publicly-Listed Packaging Companies | 17.81x |
| Canada Market PE Ratio | Median Figure of 543 Publicly-Listed Companies | 15.17x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Winpak.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = TSX:WPK Share Price ÷ EPS (both in USD) = 31.17 ÷ 1.68 |
18.6x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Winpak is overvalued based on earnings compared to the CA Packaging industry average.
- Winpak is overvalued based on earnings compared to the Canada market.
Price based on expected Growth
Does
Winpak's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 18.6x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts |
4.3%per year |
| North America Packaging Industry PEG Ratio | Median Figure of 18 Publicly-Listed Packaging Companies | 1.8x |
| Canada Market PEG Ratio | Median Figure of 253 Publicly-Listed Companies | 1.23x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 18.6x ÷ 4.3% |
4.37x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Winpak is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Winpak's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-30) in USD | $14.16 |
| TSX:WPK Share Price * | TSX (2019-03-22) in CAD | CA$41.79 |
| TSX:WPK Share Price converted to USD reporting currency | Exchange rate (CAD/ USD) 0.746 | $31.17 |
| Canada Packaging Industry PB Ratio | Median Figure of 7 Publicly-Listed Packaging Companies | 1.94x |
| Canada Market PB Ratio | Median Figure of 2,348 Publicly-Listed Companies | 1.58x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = TSX:WPK Share Price ÷ Book Value per Share (both in USD) = 31.17 ÷ 14.16 |
2.2x |
* Primary Listing of Winpak.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Winpak is overvalued based on assets compared to the CA Packaging industry average.
Value checks
We assess Winpak's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Packaging industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Packaging industry average (and greater than 0)? (1 check) Winpak has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
How is Winpak expected to perform in the next 1 to 3 years based on estimates from 6 analysts?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Winpak's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Growth vs Market Checks
- Winpak's earnings growth is positive but not above the Canada market average.
- Winpak's revenue growth is positive but not above the Canada market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| TSX:WPK Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts | 4.3% |
| TSX:WPK Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts | 1.5% |
| Canada Packaging Industry Earnings Growth Rate | Market Cap Weighted Average | 12.5% |
| Canada Packaging Industry Revenue Growth Rate | Market Cap Weighted Average | 4.1% |
| Canada Market Earnings Growth Rate | Market Cap Weighted Average | 17.9% |
| Canada Market Revenue Growth Rate | Market Cap Weighted Average | 7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 6 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | 918 | 168 | 119 | 6 |
| 2019-12-31 | 901 | 168 | 116 | 6 |
| 2018-12-31 | 896 | 126 | 6 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-30 | 890 | 130 | 109 |
| 2018-09-30 | 890 | 132 | 122 |
| 2018-07-01 | 888 | 131 | 119 |
| 2018-04-01 | 880 | 124 | 117 |
| 2017-12-31 | 887 | 138 | 119 |
| 2017-10-01 | 880 | 137 | 108 |
| 2017-07-02 | 866 | 154 | 107 |
| 2017-04-02 | 853 | 145 | 106 |
| 2016-12-25 | 823 | 126 | 104 |
| 2016-09-25 | 813 | 134 | 103 |
| 2016-06-26 | 802 | 128 | 102 |
| 2016-03-27 | 796 | 144 | 103 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 6 Analyst Estimates (S&P Global) | See Below |
All data from Winpak Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | 1.81 | 1.88 | 1.74 | 5.00 |
| 2019-12-31 | 1.74 | 1.78 | 1.71 | 5.00 |
| 2018-12-31 | 1.72 | 1.75 | 1.69 | 4.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-30 | 1.68 |
| 2018-09-30 | 1.87 |
| 2018-07-01 | 1.84 |
| 2018-04-01 | 1.80 |
| 2017-12-31 | 1.84 |
| 2017-10-01 | 1.67 |
| 2017-07-02 | 1.64 |
| 2017-04-02 | 1.64 |
| 2016-12-25 | 1.61 |
| 2016-09-25 | 1.59 |
| 2016-06-26 | 1.56 |
| 2016-03-27 | 1.59 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Winpak's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Winpak has a total score of 1/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Winpak performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Winpak's year on year earnings growth rate has been positive over the past 5 years.
- Winpak's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Winpak's 1-year earnings growth is negative, it can't be compared to the CA Packaging industry average.
Earnings and Revenue History
All data from Winpak Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-30 | 889.64 | 108.92 | 101.72 | 16.64 |
| 2018-09-30 | 889.83 | 121.87 | 98.61 | 16.23 |
| 2018-07-01 | 887.53 | 119.40 | 99.32 | 16.02 |
| 2018-04-01 | 880.09 | 117.11 | 99.43 | 15.90 |
| 2017-12-31 | 886.77 | 119.30 | 100.59 | 15.60 |
| 2017-10-01 | 880.00 | 108.24 | 100.42 | 15.94 |
| 2017-07-02 | 866.35 | 106.91 | 98.87 | 16.24 |
| 2017-04-02 | 852.73 | 106.33 | 96.47 | 17.20 |
| 2016-12-25 | 822.53 | 104.34 | 92.92 | 17.17 |
| 2016-09-25 | 812.73 | 103.40 | 94.33 | 16.78 |
| 2016-06-26 | 801.76 | 101.67 | 93.40 | 16.23 |
| 2016-03-27 | 795.88 | 103.35 | 92.41 | 15.41 |
| 2015-12-27 | 797.17 | 99.25 | 93.46 | 15.36 |
| 2015-09-27 | 797.69 | 94.96 | 92.23 | 15.23 |
| 2015-06-28 | 796.95 | 92.10 | 92.81 | 14.67 |
| 2015-03-29 | 798.12 | 84.66 | 92.74 | 14.62 |
| 2014-12-28 | 786.75 | 78.36 | 91.26 | 14.28 |
| 2014-09-28 | 768.45 | 75.97 | 91.34 | 13.23 |
| 2014-06-29 | 755.39 | 73.88 | 90.68 | 13.53 |
| 2014-03-30 | 733.00 | 71.57 | 90.63 | 13.06 |
| 2013-12-29 | 714.87 | 71.40 | 90.16 | 13.10 |
| 2013-09-29 | 700.13 | 72.52 | 87.57 | 14.16 |
| 2013-06-30 | 685.61 | 71.94 | 85.23 | 13.99 |
| 2013-03-31 | 668.22 | 70.69 | 84.15 | 13.61 |
| 2012-12-30 | 670.08 | 71.26 | 84.34 | 13.93 |
| 2012-09-30 | 668.37 | 67.67 | 83.44 | 13.20 |
| 2012-07-01 | 673.64 | 65.30 | 82.78 | 13.22 |
| 2012-04-01 | 675.33 | 65.64 | 82.13 | 13.09 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Winpak has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Winpak used its assets more efficiently than the CA Packaging industry average last year based on Return on Assets.
- Winpak's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Winpak's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Packaging industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Winpak has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Winpak's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Winpak's finances.
The net worth of a company is the difference between its assets and liabilities.
- Winpak is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Winpak's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Winpak has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Winpak Company Filings, last reported 2 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-30 | 947.90 | 0.00 | 344.32 |
| 2018-09-30 | 922.70 | 0.00 | 323.53 |
| 2018-07-01 | 894.88 | 0.00 | 319.81 |
| 2018-04-01 | 867.92 | 0.00 | 303.89 |
| 2017-12-31 | 843.46 | 0.00 | 291.96 |
| 2017-10-01 | 805.82 | 0.00 | 263.31 |
| 2017-07-02 | 780.92 | 0.00 | 250.48 |
| 2017-04-02 | 755.06 | 0.00 | 231.69 |
| 2016-12-25 | 727.27 | 0.00 | 211.23 |
| 2016-09-25 | 698.05 | 0.00 | 197.72 |
| 2016-06-26 | 674.81 | 0.00 | 176.34 |
| 2016-03-27 | 650.87 | 0.00 | 169.50 |
| 2015-12-27 | 623.39 | 0.00 | 165.03 |
| 2015-09-27 | 595.10 | 0.00 | 210.43 |
| 2015-06-28 | 648.14 | 0.00 | 189.52 |
| 2015-03-29 | 621.82 | 0.00 | 162.47 |
| 2014-12-28 | 601.39 | 0.00 | 143.76 |
| 2014-09-28 | 584.66 | 0.00 | 130.44 |
| 2014-06-29 | 566.95 | 0.00 | 114.17 |
| 2014-03-30 | 548.64 | 0.00 | 112.84 |
| 2013-12-29 | 592.61 | 0.00 | 161.09 |
| 2013-09-29 | 560.85 | 0.00 | 141.84 |
| 2013-06-30 | 544.21 | 0.00 | 133.47 |
| 2013-03-31 | 529.55 | 0.00 | 129.25 |
| 2012-12-30 | 516.09 | 0.00 | 133.30 |
| 2012-09-30 | 498.57 | 0.00 | 120.26 |
| 2012-07-01 | 482.25 | 0.00 | 122.63 |
| 2012-04-01 | 469.37 | 0.00 | 123.28 |
- Winpak has no debt.
- Winpak has not taken on any debt in the past 5 years.
- Winpak has no debt, it does not need to be covered by operating cash flow.
- Winpak has no debt, therefore coverage of interest payments is not a concern.
Financial health checks
We assess Winpak's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Winpak has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Winpak's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
CA$2,000 of
Winpak
shares you are expected to receive
CA$6
in your first year as a dividend.
Dividend Amount
- Winpak's pays a lower dividend yield than the bottom 25% of dividend payers in Canada (2.05%).
- Winpak's dividend is below the markets top 25% of dividend payers in Canada (5.63%).
Upcoming dividend payment
Purchase Winpak on or before the 'Buy Limit' to receive their next dividend payment.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 6 Analyst Estimates (S&P Global) | See Below |
| North America Packaging Industry Average Dividend Yield | Market Cap Weighted Average of 17 Stocks | 2.5% |
| Canada Market Average Dividend Yield | Market Cap Weighted Average of 330 Stocks | 3.5% |
| Canada Minimum Threshold Dividend Yield | 10th Percentile | 1.1% |
| Canada Bottom 25% Dividend Yield | 25th Percentile | 2.1% |
| Canada Top 25% Dividend Yield | 75th Percentile | 5.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2020-12-31 | ||
| 2019-12-31 | ||
| 2018-12-31 | 0.08 | 1.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-26 | 0.089 | 0.287 |
| 2018-12-11 | 0.088 | 0.254 |
| 2018-10-25 | 0.089 | 0.261 |
| 2018-07-26 | 0.091 | 0.251 |
| 2018-04-26 | 0.090 | 0.268 |
| 2017-12-13 | 0.092 | 0.258 |
| 2017-06-30 | 0.092 | 0.232 |
| 2017-04-27 | 0.087 | 0.205 |
| 2017-02-16 | 0.088 | 0.229 |
| 2016-12-08 | 0.088 | 0.258 |
| 2016-09-14 | 0.088 | 0.264 |
| 2016-04-20 | 1.225 | 3.532 |
| 2016-02-18 | 1.174 | 3.464 |
| 2015-12-03 | 1.108 | 3.657 |
| 2015-07-06 | 1.208 | 3.892 |
| 2015-04-24 | 0.095 | 0.308 |
| 2015-02-25 | 0.094 | 0.300 |
| 2014-12-10 | 0.095 | 0.347 |
| 2014-08-26 | 0.105 | 0.415 |
| 2014-05-23 | 0.109 | 0.445 |
| 2014-02-19 | 0.107 | 0.443 |
| 2013-12-11 | 0.107 | 0.513 |
| 2013-09-13 | 0.112 | 0.523 |
| 2013-04-24 | 0.113 | 0.623 |
| 2013-02-14 | 0.116 | 0.634 |
| 2012-12-04 | 0.119 | 0.769 |
| 2012-09-18 | 0.119 | 0.772 |
| 2012-04-25 | 0.115 | 0.769 |
| 2012-02-16 | 0.120 | 0.827 |
| 2011-12-02 | 0.115 | 0.975 |
| 2011-09-29 | 0.113 | 1.016 |
| 2011-04-28 | 0.116 | 1.035 |
| 2011-02-16 | 0.121 | 0.946 |
| 2010-12-02 | 0.118 | 0.982 |
| 2010-09-13 | 0.116 | 1.085 |
| 2010-04-20 | 0.111 | 1.228 |
| 2010-02-16 | 0.112 | 1.326 |
| 2009-12-04 | 0.112 | 1.429 |
| 2009-09-15 | 0.110 | 1.425 |
| 2009-04-22 | 0.097 | 1.708 |
| 2009-03-23 | 0.095 | 1.729 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Winpak is not paying a notable dividend for Canada, therefore no need to check if the payments are stable.
- Winpak is not paying a notable dividend for Canada, therefore no need to check if the payments are increasing.
Income/ dividend checks
We assess Winpak's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Winpak afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Winpak has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $99,271 |
CEO Bio
Mr. Ilkka Tapio Suominen serves as the Chief Executive Officer at Miriensis Oy and serves as the Vice President and Chief Financial Officer at Wihuri International Oy. Mr. Suominen has been a Director of Winpak Ltd. since September 13, 2010.
CEO Compensation
- Ilkka's compensation has increased by more than 20% in the past year.
- Ilkka's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the Winpak management team in years:
- The average tenure for the Winpak management team is less than 2 years, this suggests a new team.
Management Team
Ilkka Suominen
Director
$99K
Olivier Muggli
President & CEO
$1M
1.6 yrs
Larry Warelis
VP & CFO
$465K
1.8 yrs
James Holland
President of Winpak Films Inc.
$478K
1.8 yrs
Timothy Johnson
Vice President
$452K
David Stacey
Vice President
$622K
Mustafa Bilgen
Vice President of Technology & Innovation
0.2 yrs
Sharon Hooper
Vice President of Human Resources
1.5 yrs
D. Kemp
Secretary
Board of Directors Tenure
Average tenure of the Winpak board of directors in years:
- The tenure for the Winpak board of directors is about average.
Board of Directors
Antti Aarnio-Wihuri
Chairman of the Board
$229K
Ilkka Suominen
Director
$99K
8.5 yrs
Juha Hellgren
Vice Chairman
$102K
60
Donald R. Chatterley
Director
$102K
12.9 yrs
Dayna Spiring
Director
$100K
2.9 yrs
Martti Aarnio-Wihuri
Director
$97K
7.9 yrs
Karen Albrechtsen
Director
$99K
3.9 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (CA$) | Value (CA$) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 04. Mar 19 | Sell | Petri Leskinen | Individual | 01. Mar 19 | 01. Mar 19 | -5,000 | CA$42.65 | CA$-213,253 | ||
| 28. Dec 18 | Sell | Ilkka Suominen | Individual | 18. Dec 18 | 27. Dec 18 | -11,500 | CA$45.88 | CA$-525,382 | ||
| 22. Dec 18 | Sell | Lilia Pagani | Individual | 19. Dec 18 | 19. Dec 18 | -557 | CA$46.08 | CA$-25,667 | ||
| 22. Dec 18 | Sell | Timothy Johnson | Individual | 19. Dec 18 | 19. Dec 18 | -3,000 | CA$46.08 | CA$-138,240 | ||
| 05. Sep 18 | Buy | Investorum Oy | Company | 27. Aug 18 | 27. Aug 18 | 123 | CA$49.34 | CA$6,068 | ||
| 15. Aug 18 | Buy | Investorum Oy | Company | 14. Aug 18 | 14. Aug 18 | 130 | CA$48.57 | CA$6,314 | ||
| 13. Aug 18 | Buy | Investorum Oy | Company | 09. Aug 18 | 09. Aug 18 | 150 | CA$47.55 | CA$7,132 | ||
Management checks
We assess Winpak's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Winpak has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
What Winpak Ltd.'s (TSE:WPK) ROE Can Tell Us
Winpak has a ROE of 12%, based on the last twelve months. … That means that for every CA$1 worth of shareholders' equity, it generated CA$0.12 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleShould Winpak (TSE:WPK) Be Disappointed With Their 55% Profit?
(TSE:WPK) shareholders have seen the share price descend 11% over the month. … During five years of share price growth, Winpak achieved compound earnings per share (EPS) growth of 8.8% per year. … This EPS growth is remarkably close to the 9.2% average annual increase in the share price.
Simply Wall St - – Full articleIs Winpak Ltd. (TSE:WPK) A Cash Cow?
(TSE:WPK) shareholders, and potential investors, need to understand how much cash the business makes from its core operational activities, as well as how much is invested back into the business. … What is left after investment, determines the value of the stock since this cash flow technically belongs to investors of the company. … Free cash flow (FCF) is the amount of cash Winpak has left after it pays off its expenses, including its net capital expenditures, which is what the company needs to spend each year to maintain or grow its business operations.
Simply Wall St - – Full articleWinpak Ltd. (TSE:WPK): Financial Strength Analysis
However, history shows that overlooked mid-cap companies have performed better on a risk-adjusted manner than the smaller and larger segment of the market. … WPK’s financial liquidity and debt position will be analysed in this article, to get an idea of whether the company can fund opportunities for strategic growth and maintain strength through economic downturns. … Note that this commentary is very high-level and solely focused on financial health, so I suggest you dig deeper yourself.
Simply Wall St - – Full articleWhy Winpak Ltd.’s (TSE:WPK) Return On Capital Employed Is Impressive
Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Understanding Return On Capital Employed (ROCE). … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.
Simply Wall St - – Full articleCould The Winpak Ltd. (TSE:WPK) Ownership Structure Tell Us Something Useful?
Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … We also tend to see lower insider ownership in companies that were previously publicly owned. … We can zoom in on the different ownership groups, to learn more about WPK
Simply Wall St - – Full articleWhy Winpak Ltd’s (TSE:WPK) Cash Is A Factor You Need To Consider
Today we will examine Winpak’s ability to generate cash flows, as well as the level of capital expenditure it is expected to incur over the next couple of years, which will result in how much money goes to you. … What is free cash flow. … Winpak’s free cash flow (FCF) is the level of cash flow the business generates from its operational activities, after it reinvests in the company as capital expenditure.
Simply Wall St - – Full articleDoes Winpak Ltd's (TSE:WPK) Past Performance Indicate A Stronger Future?
In this article, I will take a look at Winpak Ltd's (TSE:WPK) most recent earnings update (30 September 2018) and compare these latest figures against its performance over the past few years, along with how the rest of WPK's industry performed. … Did WPK's recent earnings growth beat the long-term trend and the industry. … WPK's trailing twelve-month earnings (from 30 September 2018) of US$122m has.
Simply Wall St - – Full articleIntrinsic Calculation For Winpak Ltd (TSE:WPK) Shows Investors Are Overpaying
In this article I am going to calculate the intrinsic value of Winpak Ltd (TSE:WPK). … by projecting its future cash flows and then discounting them to today's value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model
Simply Wall St - – Full articleAll You Need To Know About Winpak Ltd's (TSE:WPK) Financial Health
Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Winpak Ltd (TSE:WPK) with a market-capitalization of CA$3.0b, rarely draw their attention. … While they are less talked about as an investment category, mid-cap risk-adjusted returns have generally been better than more commonly focused stocks that fall into the small- or large-cap categories. … WPK’s financial liquidity and debt position will be analysed in this article, to get an idea of whether the company can fund opportunities for strategic growth and maintain strength through economic downturns.
Simply Wall St - – Full articleCompany Info
Description
Winpak Ltd. manufactures and distributes packaging materials and related packaging machines in the United States, Canada, and internationally. The company operates through three segments: Rigid Packaging and Flexible Lidding, Flexible Packaging, and Packaging Machinery. The company offers medical packaging products, including thermoforming films, pre-made cups, lidding films, die-cut lids, pouches, central supply room wraps and draping films, and packaging machinery; pharmaceutical packaging products, such as blister foils, pouch stock products, child-resistant blister lidding products, and cold form laminates; and laminations for pouches and lidding applications for personal care products, such as cosmetics, skin creams, and shampoos. It also provides rigid plastic packaging products comprising rigid plastic cups, trays, and sheets, as well as custom plastic containers; and flexible packaging products, including barrier shrink bags, modified atmosphere packaging products, rollstock and specialty films, zipper stand-up pouches, and vacuum pouches, as well as paper/poly/foil laminated rollstock products for various flexible food applications. In addition, the company designs and manufactures pouch and cup packaging machines, as well as packaging systems and replacement parts; and offers flexible lidding packaging products to the food, dairy, beverage, healthcare, and industrial markets. The company was incorporated in 1975 and is headquartered in Winnipeg, Canada.
Details
| Name: | Winpak Ltd. |
| WPK | |
| Exchange: | TSX |
| Founded: | 1975 |
| CA$2,716,350,000 | |
| 65,000,000 | |
| Website: | http://www.winpak.com |
| Address: |
Winpak Ltd. 100 Saulteaux Crescent, Winnipeg, Manitoba, R3J 3T3, Canada |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| TSX | WPK | Common Shares | The Toronto Stock Exchange | CA | CAD | 28. Aug 1986 | |
| OTCPK | WIPK.F | Common Shares | Pink Sheets LLC | US | USD | 28. Aug 1986 | |
| DB | 25W | Common Shares | Deutsche Boerse AG | DE | EUR | 28. Aug 1986 |
Number of employees
Current staff
Industry
| Metal and Glass Containers | |
| Materials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/22 23:44 |
| End of day share price update: | 2019/03/22 00:00 |
| Last estimates confirmation: | 2019/03/05 |
| Last earnings filing: | 2019/02/26 |
| Last earnings reported: | 2018/12/30 |
| Last annual earnings reported: | 2018/12/30 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
