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Pactiv Evergreen NasdaqGS:PTVE Stock Report

Last Price


Market Cap







24 Jun, 2022


Company Financials +
PTVE fundamental analysis
Snowflake Score
Future Growth3/6
Past Performance3/6
Financial Health2/6

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

Summary of all time highs, changes and price drops for Pactiv Evergreen
Historical stock prices
Current Share PriceUS$9.77
52 Week HighUS$16.47
52 Week LowUS$8.71
1 Month Change-2.20%
3 Month Change-2.88%
1 Year Change-38.78%
3 Year Changen/a
5 Year Changen/a
Change since IPO-10.61%

Recent News & Updates

Shareholder Returns

PTVEUS PackagingUS 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.

Price Volatility

Is PTVE's price volatile compared to industry and market?
PTVE volatility
PTVE Average Weekly Movement6.7%
Packaging Industry Average Movement5.1%
Market Average Movement8.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

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

188016,200Mike King

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

How do Pactiv Evergreen's earnings and revenue compare to its market cap?
PTVE fundamental statistics
Market CapUS$1.74b
Earnings (TTM)US$86.00m
Revenue (TTM)US$5.77b


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PTVE income statement (TTM)
Cost of RevenueUS$5.05b
Gross ProfitUS$717.00m
Other ExpensesUS$631.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date


Earnings per share (EPS)0.48
Gross Margin12.43%
Net Profit Margin1.49%
Debt/Equity Ratio344.5%

How did PTVE perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


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

Valuation Score


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

  • PEG Ratio

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.

PTVE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1x
Enterprise Value/EBITDA8.3x
PEG Ratio0.6x

Price to Earnings Ratio vs Peers

How does PTVE's PE Ratio compare to its peers?

PTVE PE Ratio vs Peers
The above table shows the PE ratio for PTVE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average16.7x

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.

PTVE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.2x
Fair PE Ratio28.1x

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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Future Growth

How is Pactiv Evergreen forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

Future Growth Score


Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


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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Past Performance

How has Pactiv Evergreen performed over the past 5 years?

Past Performance Score


Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


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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Financial Health

How is Pactiv Evergreen's financial position?

Financial Health Score


Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

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).

Balance Sheet

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What is Pactiv Evergreen current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • 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.

Leadership Team

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Pactiv Evergreen Inc.'s employee growth, exchange listings and data sources

Key Information

  • 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:

Number of Employees


  • Pactiv Evergreen Inc.
  • 1900 West Field Court
  • Lake Forest
  • Illinois
  • 60045
  • United States


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Annual Earnings2021/12/31

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.