Silgan Holdings
Market Cap
US$3.8b
Last Updated
2020/11/29 00:18 UTC
Data Sources
Company Financials +
Executive Summary
Silgan Holdings Inc., together with its subsidiaries, manufactures and sells rigid packaging for consumer goods products in North America, Europe, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record, good value and pays a dividend.
Similar Companies
Share Price & News
How has Silgan Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SLGN is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SLGN's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-0.6%
SLGN
1.0%
US Packaging
2.8%
US Market
1 Year Return
10.8%
SLGN
19.0%
US Packaging
20.9%
US Market
Return vs Industry: SLGN underperformed the US Packaging industry which returned 19% over the past year.
Return vs Market: SLGN underperformed the US Market which returned 20.7% over the past year.
Shareholder returns
| SLGN | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | 1.0% | 2.8% |
| 30 Day | -2.3% | 12.5% | 11.1% |
| 90 Day | -10.7% | 21.8% | 6.5% |
| 1 Year | 12.0%10.8% | 21.7%19.0% | 23.6%20.9% |
| 3 Year | 23.8%18.8% | 30.6%21.5% | 47.3%37.6% |
| 5 Year | 35.8%27.2% | 84.0%61.8% | 94.3%72.9% |
Long-Term Price Volatility Vs. Market
How volatile is Silgan Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Here's What We Like About Silgan Holdings' (NASDAQ:SLGN) Upcoming Dividend2 weeks ago | Simply Wall St
At US$36.01, Is It Time To Put Silgan Holdings Inc. (NASDAQ:SLGN) On Your Watch List?1 month ago | Simply Wall St
Results: Silgan Holdings Inc. Beat Earnings Expectations And Analysts Now Have New ForecastsValuation
Is Silgan Holdings undervalued compared to its fair value and its price relative to the market?
34.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SLGN ($34.13) is trading below our estimate of fair value ($51.81)
Significantly Below Fair Value: SLGN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SLGN is good value based on its PE Ratio (13.3x) compared to the US Packaging industry average (23.4x).
PE vs Market: SLGN is good value based on its PE Ratio (13.3x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: SLGN is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: SLGN's PB Ratio (3.1x) is in line with the US Packaging industry average.
Next Steps
Future Growth
How is Silgan Holdings forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
9.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SLGN's forecast earnings growth (9.5% per year) is above the savings rate (2.2%).
Earnings vs Market: SLGN's earnings (9.5% per year) are forecast to grow slower than the US market (22% per year).
High Growth Earnings: SLGN's earnings are forecast to grow, but not significantly.
Revenue vs Market: SLGN's revenue (3% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: SLGN's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SLGN's Return on Equity is forecast to be high in 3 years time (21.4%)
Next Steps
Past Performance
How has Silgan Holdings performed over the past 5 years?
9.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SLGN has high quality earnings.
Growing Profit Margin: SLGN's current net profit margins (6%) are higher than last year (4.4%).
Past Earnings Growth Analysis
Earnings Trend: SLGN's earnings have grown by 9.6% per year over the past 5 years.
Accelerating Growth: SLGN's earnings growth over the past year (43.8%) exceeds its 5-year average (9.6% per year).
Earnings vs Industry: SLGN earnings growth over the past year (43.8%) exceeded the Packaging industry -8.9%.
Return on Equity
High ROE: Whilst SLGN's Return on Equity (23.26%) is high, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Silgan Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: SLGN's short term assets ($1.8B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: SLGN's short term assets ($1.8B) do not cover its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: SLGN's debt to equity ratio (280%) is considered high.
Reducing Debt: SLGN's debt to equity ratio has reduced from 304.2% to 280% over the past 5 years.
Debt Coverage: SLGN's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: SLGN's interest payments on its debt are well covered by EBIT (5.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Silgan Holdings's current dividend yield, its reliability and sustainability?
1.41%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SLGN's dividend (1.41%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: SLGN's dividend (1.41%) is low compared to the top 25% of dividend payers in the US market (4.08%).
Stability and Growth of Payments
Stable Dividend: SLGN's dividends per share have been stable in the past 10 years.
Growing Dividend: SLGN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (18.4%), SLGN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SLGN's dividends in 3 years are forecast to be well covered by earnings (15.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
13.1yrs
Average management tenure
CEO
Anthony Allott (56 yo)
14.67yrs
Tenure
US$13,264,941
Compensation
Mr. Anthony J. Allott, also known as Tony has been Chairman of Silgan Holdings Inc since April 1, 2019. He has been Chief Executive Officer of Silgan Holdings Inc. since March 1, 2006 and was its President...
CEO Compensation Analysis
Compensation vs Market: Anthony's total compensation ($USD13.26M) is above average for companies of similar size in the US market ($USD5.14M).
Compensation vs Earnings: Anthony's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 14.67yrs | US$13.26m | 0.64% $ 24.2m | |
| President & COO | 1.58yrs | US$5.44m | 0.036% $ 1.4m | |
| Executive VP & CFO | 16.25yrs | US$5.40m | 0.13% $ 4.9m | |
| Senior VP | 23.42yrs | US$3.13m | 0.16% $ 6.0m | |
| President of Silgan Containers | 13.08yrs | US$1.99m | 0% $ 0 | |
| Senior Vice President of Corporate Development | 6.67yrs | no data | 0.017% $ 634.1k | |
| VP of Finance & Treasurer | 2.83yrs | no data | 0.030% $ 1.1m |
13.1yrs
Average Tenure
56yo
Average Age
Experienced Management: SLGN's management team is seasoned and experienced (13.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 14.67yrs | US$13.26m | 0.64% $ 24.2m | |
| Director | 33.83yrs | US$213.85k | 15.43% $ 582.4m | |
| Director | 33.83yrs | US$224.75k | 12.11% $ 457.2m | |
| Independent Director | 2.83yrs | US$218.35k | 0.011% $ 406.5k | |
| Independent Director | 1.33yrs | US$53.50k | no data | |
| Independent Director | 2.25yrs | US$299.21k | 0.013% $ 475.2k | |
| Independent Director | 10.08yrs | US$26.75k | no data | |
| Independent Director | 6.67yrs | US$223.84k | 0.019% $ 703.2k |
4.8yrs
Average Tenure
62yo
Average Age
Experienced Board: SLGN's board of directors are considered experienced (4.8 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Silgan Holdings Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Silgan Holdings Inc.
- Ticker: SLGN
- Exchange: NasdaqGS
- Founded: 1987
- Industry: Metal and Glass Containers
- Sector: Materials
- Market Cap: US$3.774b
- Shares outstanding: 110.59m
- Website: https://www.silganholdings.com
Number of Employees
Location
- Silgan Holdings Inc.
- 4 Landmark Square
- Suite 400
- Stamford
- Connecticut
- 6901
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SLGN | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Feb 1997 |
| SL3 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Feb 1997 |
Biography
Silgan Holdings Inc., together with its subsidiaries, manufactures and sells rigid packaging for consumer goods products in North America, Europe, and internationally. It operates through three segments: M...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/29 00:18 |
| End of Day Share Price | 2020/11/27 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.