Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells paper-based packaging products.
Smurfit Kappa Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||€42.74|
|52 Week High||€31.52|
|52 Week Low||€50.44|
|1 Month Change||-7.99%|
|3 Month Change||-9.20%|
|1 Year Change||24.53%|
|3 Year Change||51.03%|
|5 Year Change||114.77%|
|Change since IPO||145.77%|
Recent News & Updates
Smurfit Kappa Group (ISE:SK3) Has More To Do To Multiply In Value Going Forward
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
We Think Smurfit Kappa Group (ISE:SK3) Can Stay On Top Of Its Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Smurfit Kappa Group Plc's (ISE:SK3) Intrinsic Value Is Potentially 29% Above Its Share Price
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Smurfit Kappa Group...
Here's Why I Think Smurfit Kappa Group (ISE:SK3) Is An Interesting Stock
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
|SK3||IE Packaging||IE Market|
Return vs Industry: SK3 exceeded the Irish Packaging industry which returned 19.6% over the past year.
Return vs Market: SK3 underperformed the Irish Market which returned 31% over the past year.
Stable Share Price: SK3 is less volatile than 75% of Irish stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SK3's weekly volatility (3%) has been stable over the past year.
About the Company
|1934||46,000||Tony J. Smurfit||https://www.smurfitkappa.com|
Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells paper-based packaging products. It operates in two segments, Europe and the Americas. The company offers consumer, retail, industrial, ecommerce, heavy-duty corrugated, and hexacomb packaging products, as well as composite cardboard tubes, and bags and sacks; and bag-in-box, a single-use packaging system that comprises films, accessories, bags, taps, and boxes.
Smurfit Kappa Group Fundamentals Summary
|SK3 fundamental statistics|
Is SK3 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SK3 income statement (TTM)|
|Cost of Revenue||€6.09b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.24|
|Net Profit Margin||6.40%|
How did SK3 perform over the long term?See historical performance and comparison
3.4%Current Dividend Yield
Is Smurfit Kappa Group 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: SK3 (€42.74) is trading below our estimate of fair value (€68.76)
Significantly Below Fair Value: SK3 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SK3 is poor value based on its PE Ratio (19.1x) compared to the European Packaging industry average (16.5x).
PE vs Market: SK3 is good value based on its PE Ratio (19.1x) compared to the Irish market (22.9x).
Price to Earnings Growth Ratio
PEG Ratio: SK3 is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: SK3 is overvalued based on its PB Ratio (2.8x) compared to the XE Packaging industry average (2.2x).
How is Smurfit Kappa Group forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SK3's forecast earnings growth (14.6% per year) is above the savings rate (0.5%).
Earnings vs Market: SK3's earnings (14.6% per year) are forecast to grow slower than the Irish market (26.6% per year).
High Growth Earnings: SK3's earnings are forecast to grow, but not significantly.
Revenue vs Market: SK3's revenue (4.5% per year) is forecast to grow slower than the Irish market (8.8% per year).
High Growth Revenue: SK3's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SK3's Return on Equity is forecast to be low in 3 years time (17.6%).
How has Smurfit Kappa Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SK3 has high quality earnings.
Growing Profit Margin: SK3's current net profit margins (6.4%) are higher than last year (4.9%).
Past Earnings Growth Analysis
Earnings Trend: SK3's earnings have declined by 0.7% per year over the past 5 years.
Accelerating Growth: SK3's earnings growth over the past year (36.8%) exceeds its 5-year average (-0.7% per year).
Earnings vs Industry: SK3 earnings growth over the past year (36.8%) exceeded the Packaging industry 28.5%.
Return on Equity
High ROE: SK3's Return on Equity (14.4%) is considered low.
How is Smurfit Kappa Group's financial position?
Financial Position Analysis
Short Term Liabilities: SK3's short term assets (€3.4B) exceed its short term liabilities (€2.4B).
Long Term Liabilities: SK3's short term assets (€3.4B) do not cover its long term liabilities (€4.0B).
Debt to Equity History and Analysis
Debt Level: SK3's debt to equity ratio (71.2%) is considered high.
Reducing Debt: SK3's debt to equity ratio has reduced from 152.6% to 71.2% over the past 5 years.
Debt Coverage: SK3's debt is well covered by operating cash flow (38.5%).
Interest Coverage: SK3's interest payments on its debt are well covered by EBIT (7.9x coverage).
What is Smurfit Kappa Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SK3's dividend (3.38%) is higher than the bottom 25% of dividend payers in the Irish market (1.4%).
High Dividend: SK3's dividend (3.38%) is low compared to the top 25% of dividend payers in the Irish market (4.62%).
Stability and Growth of Payments
Stable Dividend: SK3's dividend payments have been volatile in the past 10 years.
Growing Dividend: SK3's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (62.4%), SK3's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SK3's dividends in 3 years are forecast to be well covered by earnings (41.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tony J. Smurfit (58 yo)
Mr. Anthony Paul J. Smurfit, also known as Tony, has been Group Chief Executive Officer of Smurfit Kappa Group plc since September 1, 2015. Mr. Smurfit served as the Chief Operating Officer of Smurfit Kapp...
CEO Compensation Analysis
Compensation vs Market: Tony's total compensation ($USD6.13M) is about average for companies of similar size in the Irish market ($USD4.92M).
Compensation vs Earnings: Tony's compensation has increased by more than 20% in the past year.
Experienced Management: SK3's management team is seasoned and experienced (5.8 years average tenure).
Experienced Board: SK3's board of directors are considered experienced (4.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.6%.
Smurfit Kappa Group Plc's employee growth, exchange listings and data sources
- Name: Smurfit Kappa Group Plc
- Ticker: SK3
- Exchange: ISE
- Founded: 1934
- Industry: Paper Packaging
- Sector: Materials
- Market Cap: €10.997b
- Shares outstanding: 257.30m
- Website: https://www.smurfitkappa.com
Number of Employees
- Smurfit Kappa Group Plc
- Beech Hill
- Co. Dublin
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 20:49|
|End of Day Share Price||2021/10/21 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.