Silgan Holdings
Market Cap
US$3.4b
Last Updated
2019/12/11 23:41 UTC
Data Sources
Company Financials +
Executive Summary
Silgan Holdings Inc., together with its subsidiaries, manufactures and sells rigid packaging for consumer goods products worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer and good value.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.5%
SLGN
-0.4%
US Packaging
0.8%
US Market
1 Year Return
21.0%
SLGN
17.4%
US Packaging
17.8%
US Market
Return vs Industry: SLGN exceeded the US Packaging industry which returned 17.4% over the past year.
Return vs Market: SLGN exceeded the US Market which returned 17.8% over the past year.
Shareholder returns
| SLGN | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.5% | -0.4% | 0.8% |
| 30 Day | -1.7% | 0.2% | 1.8% |
| 90 Day | 1.0% | 3.0% | 4.1% |
| 1 Year | 22.8%21.0% | 20.4%17.4% | 20.4%17.8% |
| 3 Year | 25.2%20.2% | 26.3%17.8% | 45.9%36.4% |
| 5 Year | 24.2%16.3% | 44.2%25.8% | 68.1%49.6% |
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
6 days ago | Simply Wall St
Read This Before Buying Silgan Holdings Inc. (NASDAQ:SLGN) Shares2 weeks ago | Simply Wall St
Silgan Holdings Inc. (NASDAQ:SLGN) Looks Interesting, And It's About To Pay A Dividend4 weeks ago | Simply Wall St
Here's Why Silgan Holdings (NASDAQ:SLGN) Has A Meaningful Debt BurdenValuation
Is Silgan Holdings undervalued compared to its fair value and its price relative to the market?
38.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SLGN ($30.5) is trading below our estimate of fair value ($49.88)
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 (17.2x) compared to the Packaging industry average (18.7x).
PE vs Market: SLGN is good value based on its PE Ratio (17.2x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: SLGN is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: SLGN is overvalued based on its PB Ratio (3.5x) compared to the US Packaging industry average (3.5x).
Next Steps
Future Growth
How is Silgan Holdings forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
16.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SLGN's forecast earnings growth (16.1% per year) is above the savings rate (1.7%).
Earnings vs Market: SLGN's earnings (16.1% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: SLGN's earnings are forecast to grow, but not significantly.
Revenue vs Market: SLGN's revenue (0.5% per year) is forecast to grow slower than the US market (7.4% per year).
High Growth Revenue: SLGN's revenue (0.5% 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 (20.4%)
Next Steps
Past Performance
How has Silgan Holdings performed over the past 5 years?
9.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SLGN has high quality earnings.
Growing Profit Margin: SLGN's current net profit margins (4.4%) are lower than last year (7.6%).
Past Earnings Growth Analysis
Earnings Trend: SLGN's earnings have grown by 9% per year over the past 5 years.
Accelerating Growth: SLGN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SLGN had negative earnings growth (-40.6%) over the past year, making it difficult to compare to the Packaging industry average (-18.5%).
Return on Equity
High ROE: Whilst SLGN's Return on Equity (20.36%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Silgan Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: SLGN's short term assets ($1.6B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: SLGN's short term assets ($1.6B) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: SLGN's debt to equity ratio (270.3%) is considered high.
Reducing Debt: SLGN's debt to equity ratio has increased from 251.5% to 270.3% over the past 5 years.
Debt Coverage: SLGN's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: SLGN's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
Inventory Level: SLGN has a high level of physical assets or inventory.
Debt Coverage by Assets: SLGN's debt is not covered by short term assets (assets are 0.6x debt).
Next Steps
Dividend
What is Silgan Holdings's current dividend yield, its reliability and sustainability?
1.44%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SLGN's dividend (1.44%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: SLGN's dividend (1.44%) is low compared to the top 25% of dividend payers in the US market (3.72%).
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 (24.2%), 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 (19.8% payout ratio).
Next Steps
Management
What is the CEO of Silgan Holdings's salary, the management and board of directors tenure and is there insider trading?
12.2yrs
Average management tenure
CEO
Anthony Allott (55yo)
13.8yrs
Tenure
US$3,386,123
Compensation
Mr. Anthony J. Allott, also known as Tony has been Chairman of Silgan Holdings Inc since April 1, 2019. He has been Chief Executive Officer of Silgan Holdings Inc. since March 1, 2006 and was its President ...
CEO Compensation Analysis
Compensation vs Market: Anthony's total compensation ($USD3.39M) is below average for companies of similar size in the US market ($USD5.10M).
Compensation vs Earnings: Anthony's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Management Age and Tenure
12.2yrs
Average Tenure
55yo
Average Age
Experienced Management: SLGN's management team is seasoned and experienced (12.2 years average tenure).
Board Age and Tenure
5.8yrs
Average Tenure
67yo
Average Age
Experienced Board: SLGN's board of directors are considered experienced (5.8 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 2,000 |
| Max Price | US$29.71 |
| Entity | Individual |
| Role | Unit President President of Silgan Containers |
| Shares | 10,444 |
| Max Price | US$31.02 |
| Entity | Individual |
| Shares | 3,692 |
| Max Price | US$30.23 |
| Entity | Individual |
| Role | Head of Corporate Development Senior Vice President of Corporate Development |
| Shares | 12,242 |
| Max Price | US$30.06 |
| Entity | Individual |
| Role | Chief Financial Officer Executive VP & CFO |
| Shares | 75,000 |
| Max Price | US$30.04 |
| Entity | Individual |
| Role | President President & COO |
| Shares | 110,000 |
| Max Price | US$30.02 |
| Entity | Individual |
| Shares | 6,362 |
| Max Price | US$28.81 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Chairman of the Board |
| Shares | 63,490 |
| Max Price | US$28.62 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Frank Hogan (58yo)
Senior VP
- Tenure: 22.5yrs
- Compensation: US$996.48k
Bob Lewis (55yo)
Executive VP & CFO
- Tenure: 15.3yrs
- Compensation: US$1.31m
Anthony Allott (55yo)
CEO & Chairman of the Board
- Tenure: 13.8yrs
- Compensation: US$3.39m
Kimberly Ulmer (51yo)
VP of Finance & Treasurer
- Tenure: 1.9yrs
Adam Greenlee (45yo)
President & COO
- Tenure: 0.7yrs
- Compensation: US$1.35m
Thomas Snyder (52yo)
President of Silgan Containers
- Tenure: 12.2yrs
- Compensation: US$1.30m
B. Prinzen (60yo)
Senior Vice President of Corporate Development
- Tenure: 5.8yrs
Board Members
R. Silver (76yo)
Director
- Tenure: 32.9yrs
- Compensation: US$199.07k
D. Horrigan (75yo)
Director
- Tenure: 32.9yrs
- Compensation: US$209.80k
Bill Donovan (67yo)
Independent Director
- Tenure: 1.9yrs
- Compensation: US$176.02k
John Alden (77yo)
Independent Director
- Tenure: 18.1yrs
- Compensation: US$190.43k
Kim Fields (49yo)
Director
- Tenure: 0.4yrs
Leigh Abramson (50yo)
Independent Director
- Tenure: 1.3yrs
- Compensation: US$36.94k
Anthony Allott (55yo)
CEO & Chairman of the Board
- Tenure: 13.8yrs
- Compensation: US$3.39m
Brad Lich (51yo)
Director
- Tenure: 9.2yrs
Joseph Jordan (72yo)
Independent Director
- Tenure: 5.8yrs
- Compensation: US$181.07k
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$3.374b
- Shares outstanding: 110.77m
- 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 worldwide. It operates through three segments: Metal Containers, Closures, and Plast ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/11 23:41 |
| End of Day Share Price | 2019/12/11 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.