PTVE Stock Overview
Pactiv Evergreen Inc. manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage cartons in North America.
Pactiv Evergreen Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$9.77|
|52 Week High||US$16.47|
|52 Week Low||US$8.71|
|1 Month Change||-2.20%|
|3 Month Change||-2.88%|
|1 Year Change||-38.78%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-10.61%|
Recent News & Updates
|PTVE||US Packaging||US Market|
Return vs Industry: PTVE underperformed the US Packaging industry which returned -20.4% over the past year.
Return vs Market: PTVE underperformed the US Market which returned -20.5% over the past year.
|PTVE Average Weekly Movement||6.7%|
|Packaging Industry Average Movement||5.1%|
|Market Average Movement||8.0%|
|10% most volatile stocks in US Market||16.6%|
|10% least volatile stocks in US Market||3.1%|
Stable Share Price: PTVE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: PTVE's weekly volatility (7%) has been stable over the past year.
About the Company
Pactiv Evergreen Inc. manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage cartons in North America. It operates through three segments: Foodservice, Food Merchandising, and Beverage Merchandising. The Foodservice segment offers food containers, hot and cold cups, lids, dinnerware, tableware, service ware, and other products.
Pactiv Evergreen Fundamentals Summary
|PTVE fundamental statistics|
Is PTVE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PTVE income statement (TTM)|
|Cost of Revenue||US$5.05b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.48|
|Net Profit Margin||1.49%|
How did PTVE perform over the long term?See historical performance and comparison
4.1%Current Dividend Yield
Is PTVE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PTVE?
Other financial metrics that can be useful for relative valuation.
|What is PTVE's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does PTVE's PE Ratio compare to its peers?
|PTVE PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: PTVE is expensive based on its Price-To-Earnings Ratio (20.2x) compared to the peer average (16.7x).
Price to Earnings Ratio vs Industry
How does PTVE's PE Ratio compare vs other companies in the Packaging Industry?
Price-To-Earnings vs Industry: PTVE is expensive based on its Price-To-Earnings Ratio (20.2x) compared to the US Packaging industry average (15.6x)
Price to Earnings Ratio vs Fair Ratio
What is PTVE'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.
|Current PE Ratio||20.2x|
|Fair PE Ratio||28.1x|
Price-To-Earnings vs Fair Ratio: PTVE is good value based on its Price-To-Earnings Ratio (20.2x) compared to the estimated Fair Price-To-Earnings Ratio (28.1x).
Share Price vs Fair Value
What is the Fair Price of PTVE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PTVE ($9.77) is trading below our estimate of fair value ($43.8)
Significantly Below Fair Value: PTVE is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: PTVE is good value based on its PEG Ratio (0.6x)
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How is Pactiv Evergreen forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PTVE's forecast earnings growth (35.6% per year) is above the savings rate (1.9%).
Earnings vs Market: PTVE's earnings (35.6% per year) are forecast to grow faster than the US market (13.9% per year).
High Growth Earnings: PTVE's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PTVE's revenue (3.2% per year) is forecast to grow slower than the US market (8.3% per year).
High Growth Revenue: PTVE's revenue (3.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PTVE's Return on Equity is forecast to be low in 3 years time (18.2%).
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How has Pactiv Evergreen performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PTVE has high quality earnings.
Growing Profit Margin: PTVE became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PTVE has become profitable over the past 5 years, growing earnings by -40.7% per year.
Accelerating Growth: PTVE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PTVE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Packaging industry (15.6%).
Return on Equity
High ROE: PTVE's Return on Equity (7.1%) is considered low.
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How is Pactiv Evergreen's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PTVE's short term assets ($2.0B) exceed its short term liabilities ($941.0M).
Long Term Liabilities: PTVE's short term assets ($2.0B) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: PTVE's net debt to equity ratio (321.2%) is considered high.
Reducing Debt: PTVE's debt to equity ratio has reduced from 1084.5% to 344.5% over the past 5 years.
Debt Coverage: PTVE's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: PTVE's interest payments on its debt are not well covered by EBIT (2.1x coverage).
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What is Pactiv Evergreen current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PTVE's dividend (4.09%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: PTVE's dividend (4.09%) is low compared to the top 25% of dividend payers in the US market (4.34%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether PTVE's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PTVE's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.6%), PTVE's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71.1%), PTVE's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike King (41 yo)
Mr. Michael Jack King, also known as Mike, serves as Director at Pactiv Evergreen Inc. since September 2020 and also serves as its Chief Executive Officer and President since March 5, 2021. He had been Pre...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD6.61M) is about average for companies of similar size in the US market ($USD5.50M).
Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.
Experienced Management: PTVE's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PTVE 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.
Pactiv Evergreen Inc.'s employee growth, exchange listings and data sources
- Name: Pactiv Evergreen Inc.
- Ticker: PTVE
- Exchange: NasdaqGS
- Founded: 1880
- Industry: Paper Packaging
- Sector: Materials
- Implied Market Cap: US$1.736b
- Shares outstanding: 177.67m
- Website: https://www.pactivevergreen.com
Number of Employees
- Pactiv Evergreen Inc.
- 1900 West Field Court
- Lake Forest
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/24 00:00|
|End of Day Share Price||2022/06/24 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.