Packaging Corporation of America

LSE:0KEZ Stock Report

Market Cap: US$20.3b

Packaging Corporation of America Valuation

Is 0KEZ undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 0KEZ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0KEZ ($228.02) is trading below our estimate of fair value ($411.87)

Significantly Below Fair Value: 0KEZ is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0KEZ?

Key metric: As 0KEZ is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0KEZ. This is calculated by dividing 0KEZ's market cap by their current earnings.
What is 0KEZ's PE Ratio?
PE Ratio26.5x
EarningsUS$767.70m
Market CapUS$20.33b

Price to Earnings Ratio vs Peers

How does 0KEZ's PE Ratio compare to its peers?

The above table shows the PE ratio for 0KEZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.7x
SMDS DS Smith
33.1x20.9%UK£7.4b
ANTO Antofagasta
26.2x18.3%UK£15.9b
MNDI Mondi
15.5x15.8%UK£5.1b
FRES Fresnillo
23.9x33.8%UK£4.7b
0KEZ Packaging Corporation of America
26.5x11.1%US$20.3b

Price-To-Earnings vs Peers: 0KEZ is expensive based on its Price-To-Earnings Ratio (26.5x) compared to the peer average (24.7x).

Price to Earnings Ratio vs Industry

How does 0KEZ's PE Ratio compare vs other companies in the European Packaging Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
0KEZ 26.5xIndustry Avg. 18.1xNo. of Companies6PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0KEZ is expensive based on its Price-To-Earnings Ratio (26.5x) compared to the European Packaging industry average (18.1x).

Price to Earnings Ratio vs Fair Ratio

What is 0KEZ'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.

0KEZ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26.5x
Fair PE Ratio18.4x

Price-To-Earnings vs Fair Ratio: 0KEZ is expensive based on its Price-To-Earnings Ratio (26.5x) compared to the estimated Fair Price-To-Earnings Ratio (18.4x).

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 0KEZ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$228.02
US$231.07
+1.3%
18.2%US$280.00US$140.00n/a8
Dec ’25US$248.85
US$222.95
-10.4%
17.0%US$271.00US$140.00n/a8
Nov ’25US$230.74
US$210.89
-8.6%
21.3%US$253.00US$133.12n/a8
Oct ’25US$216.16
US$188.27
-12.9%
18.2%US$219.00US$130.00n/a8
Sep ’25US$207.39
US$194.57
-6.2%
14.2%US$219.00US$130.00n/a8
Aug ’25US$197.45
US$194.57
-1.5%
14.2%US$219.00US$130.00n/a8
Jul ’25US$180.23
US$180.82
+0.3%
13.2%US$208.00US$123.00n/a8
Jun ’25US$181.62
US$180.00
-0.9%
14.0%US$208.00US$123.00n/a7
May ’25US$174.43
US$174.63
+0.1%
13.2%US$197.00US$123.00n/a8
Apr ’25US$189.67
US$168.25
-11.3%
13.8%US$202.00US$121.00n/a8
Mar ’25US$181.14
US$165.25
-8.8%
12.1%US$185.00US$121.00n/a8
Feb ’25US$164.45
US$165.38
+0.6%
12.1%US$185.00US$121.00n/a8
Jan ’25US$163.43
US$153.71
-5.9%
13.0%US$173.00US$114.00n/a8
Dec ’24US$170.81
US$152.46
-10.7%
13.5%US$173.00US$114.00US$248.858
Nov ’24US$153.88
US$148.21
-3.7%
12.2%US$170.00US$114.00US$230.748
Oct ’24US$154.34
US$146.13
-5.3%
11.8%US$170.00US$113.00US$216.168
Sep ’24US$149.41
US$138.89
-7.0%
13.8%US$165.00US$105.00US$207.399
Aug ’24US$154.06
US$138.89
-9.8%
13.8%US$165.00US$105.00US$197.459
Jul ’24US$131.31
US$129.10
-1.7%
14.3%US$165.00US$103.00US$180.2310
Jun ’24US$124.38
US$130.10
+4.6%
14.0%US$165.00US$106.00US$181.6210
May ’24US$135.07
US$130.10
-3.7%
14.0%US$165.00US$106.00US$174.4310
Apr ’24US$134.03
US$130.31
-2.8%
14.4%US$165.00US$104.00US$189.6710
Mar ’24US$139.22
US$131.11
-5.8%
14.3%US$165.00US$104.00US$181.1410
Feb ’24US$141.21
US$130.51
-7.6%
14.0%US$165.00US$104.00US$164.4510
Jan ’24n/a
US$128.71
0%
13.8%US$165.00US$99.00US$163.4310
Dec ’23US$135.94
US$127.83
-6.0%
13.7%US$165.00US$99.00US$170.8111

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 13:01
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Packaging Corporation of America is covered by 33 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David ColemanArgus Research Company
Ishan MajumdarBaptista Research
Scott GaffnerBarclays