NasdaqGS:SLGN

Stock Analysis Report

Executive Summary

Silgan Holdings Inc., together with its subsidiaries, manufactures and sells rigid packaging for consumer goods products worldwide.

Snowflake

Fundamentals

Good value average dividend payer.


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


Market Performance


7 Day Return

-0.1%

NasdaqGS:SLGN

1.3%

US Packaging

0.9%

US Market


1 Year Return

10.1%

NasdaqGS:SLGN

4.1%

US Packaging

0.3%

US Market

SLGN outperformed the Packaging industry which returned 3.8% over the past year.

SLGN outperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

SLGNIndustryMarket
7 Day-0.1%1.3%0.9%
30 Day0.3%-1.6%-1.9%
90 Day0.4%3.5%1.6%
1 Year11.8%10.1%6.8%4.1%2.6%0.3%
3 Year30.9%25.8%25.5%17.6%41.0%31.8%
5 Year28.9%20.9%47.0%30.0%55.2%38.0%

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

Valuation

Is Silgan Holdings undervalued based on future cash flows and its price relative to the stock market?

42%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Silgan Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).

Silgan Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Silgan Holdings is good value based on earnings compared to the US Packaging industry average.

Silgan Holdings is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Silgan Holdings is poor value based on expected growth next year.


Price Based on Value of Assets

Silgan Holdings is overvalued based on assets compared to the US Packaging industry average.


Next Steps

Future Growth

How is Silgan Holdings expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

15.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Silgan Holdings's revenue is expected to grow by 1.3% yearly, however this is not considered high growth (20% yearly).

Silgan Holdings's earnings are expected to grow by 15.2% yearly, however this is not considered high growth (20% yearly).

Silgan Holdings's revenue growth is positive but not above the United States of America market average.

Silgan Holdings's earnings growth is expected to exceed the United States of America market average.

Silgan Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Silgan Holdings is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Silgan Holdings performed over the past 5 years?

9.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Silgan Holdings's year on year earnings growth rate has been positive over the past 5 years.

Silgan Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Silgan Holdings's 1-year earnings growth is negative, it can't be compared to the US Packaging industry average.


Return on Equity

Whilst Silgan Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.


Return on Assets

Silgan Holdings used its assets more efficiently than the US Packaging industry average last year based on Return on Assets.


Return on Capital Employed

Silgan Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Silgan Holdings's financial position?


Financial Position Analysis

Silgan Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Silgan Holdings's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Silgan Holdings's level of debt (289.1%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (266.7% vs 289.1% today).

Debt is not well covered by operating cash flow (17.5%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 3.8x coverage).


Balance Sheet

High level of physical assets or inventory.

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?

1.49%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Silgan Holdings before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Silgan Holdings's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Silgan Holdings's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (4.3x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (5.2x coverage).


Next Steps

Management

What is the CEO of Silgan Holdings's salary, the management and board of directors tenure and is there insider trading?

11.8yrs

Average management tenure


CEO

Anthony Allott (55yo)

13.4yrs

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

Anthony's remuneration is lower than average for companies of similar size in United States of America.

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

11.8yrs

Average Tenure

55yo

Average Age

The average tenure for the Silgan Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

3.5yrs

Average Tenure

69.5yo

Average Age

The tenure for the Silgan Holdings board of directors is about average.


Insider Trading

Silgan Holdings individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$323,97309 Aug 19
Thomas Snyder
EntityIndividual
Role
Unit President
President of Silgan Containers
Shares10,444
Max PriceUS$31.02
SellUS$111,59417 May 19
Anthony Andreacchi
EntityIndividual
Shares3,692
Max PriceUS$30.23
SellUS$367,95203 May 19
B. Prinzen
EntityIndividual
Role
Head of Corporate Development
Senior Vice President of Corporate Development
Shares12,242
Max PriceUS$30.06
SellUS$2,250,96103 May 19
Robert Lewis
EntityIndividual
Role
Chief Financial Officer
Executive VP & CFO
Shares75,000
Max PriceUS$30.04
SellUS$3,289,47803 May 19
Adam Greenlee
EntityIndividual
Role
President
President & COO
Shares110,000
Max PriceUS$30.02
SellUS$183,29122 Feb 19
William Jennings
EntityIndividual
Shares6,362
Max PriceUS$28.81
SellUS$1,808,92119 Feb 19
Anthony Allott
EntityIndividual
Role
Chief Executive Officer
CEO & Chairman of the Board
Shares63,490
Max PriceUS$28.62
SellUS$469,83328 Nov 18
Robert Lewis
EntityIndividual
Role
Chief Financial Officer
Executive VP & CFO
Shares18,660
Max PriceUS$25.23
SellUS$1,02028 Nov 18
Robert Lewis
EntityIndividual
Role
Chief Financial Officer
Executive VP & CFO
Shares40
Max PriceUS$25.50
SellUS$158,32516 Nov 18
Robert Lewis
EntityIndividual
Role
Chief Financial Officer
Executive VP & CFO
Shares6,300
Max PriceUS$25.13
SellUS$620,75009 Nov 18
Robert Lewis
EntityIndividual
Role
Chief Financial Officer
Executive VP & CFO
Shares25,000
Max PriceUS$24.83
SellUS$361,55001 Nov 18
Robert Lewis
EntityIndividual
Role
Chief Financial Officer
Executive VP & CFO
Shares15,000
Max PriceUS$24.60
BuyUS$118,75030 Oct 18
William Donovan
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,000
Max PriceUS$23.75
SellUS$163,44131 Aug 18
John Alden
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares6,000
Max PriceUS$27.24

Ownership Breakdown


Management Team

  • Frank Hogan (58yo)

    Senior VP

    • Tenure: 22.2yrs
    • Compensation: US$996.48k
  • Bob Lewis (55yo)

    Executive VP & CFO

    • Tenure: 15.0yrs
    • Compensation: US$1.31m
  • Anthony Allott (55yo)

    CEO & Chairman of the Board

    • Tenure: 13.4yrs
    • Compensation: US$3.39m
  • Kimberly Ulmer (51yo)

    VP of Finance & Treasurer

    • Tenure: 1.6yrs
  • Adam Greenlee (45yo)

    President & COO

    • Tenure: 0.3yrs
    • Compensation: US$1.35m
  • Thomas Snyder (52yo)

    President of Silgan Containers

    • Tenure: 11.8yrs
    • Compensation: US$1.30m
  • B. Prinzen (60yo)

    Senior Vice President of Corporate Development

    • Tenure: 5.5yrs

Board Members

  • R. Silver (76yo)

    Director

    • Tenure: 32.6yrs
    • Compensation: US$199.07k
  • D. Horrigan (75yo)

    Director

    • Tenure: 32.6yrs
    • Compensation: US$209.80k
  • Bill Donovan (67yo)

    Director

    • Tenure: 1.6yrs
    • Compensation: US$176.02k
  • John Alden (77yo)

    Independent Director

    • Tenure: 17.8yrs
    • Compensation: US$190.43k
  • Kim Fields (49yo)

    Director

    • Tenure: 0.1yrs
  • Leigh Abramson (50yo)

    Director

    • Tenure: 1.0yrs
    • Compensation: US$36.94k
  • Anthony Allott (55yo)

    CEO & Chairman of the Board

    • Tenure: 13.4yrs
    • Compensation: US$3.39m
  • Joseph Jordan (72yo)

    Independent Director

    • Tenure: 5.4yrs
    • 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$3.363b
  • Shares outstanding: 111.18m
  • Website: https://www.silganholdings.com

Number of Employees


Location

  • Silgan Holdings Inc.
  • 4 Landmark Square
  • Suite 400
  • Stamford
  • Connecticut
  • 6901
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SLGNNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDFeb 1997
SL3DB (Deutsche Boerse AG)YesCommon StockDEEURFeb 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 23:44
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.