Silgan Holdings Inc., together with its subsidiaries, manufactures and sells rigid packaging for consumer goods products in North America, Europe, and internationally.
Average dividend payer with mediocre balance sheet.
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.
7 Day Return
1 Year Return
Return vs Industry: SLGN exceeded the US Packaging industry which returned -6.9% over the past year.
Return vs Market: SLGN exceeded the US Market which returned 6.7% over the past year.
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
4 weeks ago | Simply Wall StIs Silgan Holdings Inc. (NASDAQ:SLGN) An Attractive Dividend Stock?
1 month ago | Simply Wall StThis Insider Has Just Sold Shares In Silgan Holdings Inc. (NASDAQ:SLGN)
1 month ago | Simply Wall StA Closer Look At Silgan Holdings Inc.'s (NASDAQ:SLGN) Impressive ROE
Is Silgan Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SLGN ($32.69) is trading below our estimate of fair value ($59.88)
Significantly Below Fair Value: SLGN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SLGN is poor value based on its PE Ratio (17.7x) compared to the US Packaging industry average (16.6x).
PE vs Market: SLGN is poor value based on its PE Ratio (17.7x) compared to the US market (16.2x).
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 (3.6x) compared to the US Packaging industry average (2.9x).
How is Silgan Holdings forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
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 (2.2%).
Earnings vs Market: SLGN's earnings (16.1% per year) are forecast to grow slower than the US market (22.9% per year).
High Growth Earnings: SLGN's earnings are forecast to grow, but not significantly.
Revenue vs Market: SLGN's revenue (2.9% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: SLGN's revenue (2.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SLGN's Return on Equity is forecast to be high in 3 years time
How has Silgan Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SLGN has high quality earnings.
Growing Profit Margin: SLGN's current net profit margins (4.6%) are lower than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: SLGN's earnings have grown by 7.8% 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 (-8.9%) over the past year, making it difficult to compare to the Packaging industry average (1.4%).
Return on Equity
High ROE: Whilst SLGN's Return on Equity (20.05%) is high, this metric is skewed due to their high level of debt.
How is Silgan Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: SLGN's short term assets ($2.0B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: SLGN's short term assets ($2.0B) do not cover its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: SLGN's debt to equity ratio (293.6%) is considered high.
Reducing Debt: SLGN's debt to equity ratio has reduced from 352% to 293.6% over the past 5 years.
Debt Coverage: SLGN's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: SLGN's interest payments on its debt are well covered by EBIT (4.2x coverage).
What is Silgan Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SLGN's dividend (1.47%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.68%).
High Dividend: SLGN's dividend (1.47%) is low compared to the top 25% of dividend payers in the US market (4.6%).
Stability and Growth of Payments
Stable Dividend: SLGN's dividends per share have been stable in the past 10 years.
Growing Dividend: SLGN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.4%), SLGN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SLGN's dividends in 3 years are forecast to be well covered by earnings (18.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Anthony Allott (56yo)
Mr. Anthony J. Allott, also known as Tony has been Chairman of Silgan Holdings Inc since April 1, 2019. He has been Chief Executive Officer of Silgan Holdings Inc. since March 1, 2006 and was its President ...
CEO Compensation Analysis
Compensation vs Market: Anthony's total compensation ($USD13.26M) is above average for companies of similar size in the US market ($USD5.85M).
Compensation vs Earnings: Anthony's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CEO & Chairman of the Board||14.33yrs||US$13.26m||0.64% $23.2m|
|President & COO||1.25yrs||US$5.44m||0.036% $1.3m|
|Executive VP & CFO||15.92yrs||US$5.40m||0.15% $5.3m|
|Senior VP||23.08yrs||US$3.13m||0.16% $5.8m|
|President of Silgan Containers||12.75yrs||US$1.99m||0.022% $786.5k|
|Senior Vice President of Corporate Development||6.42yrs||no data||0.017% $607.4k|
|VP of Finance & Treasurer||2.5yrs||no data||0.030% $1.1m|
Experienced Management: SLGN's management team is seasoned and experienced (12.8 years average tenure).
|CEO & Chairman of the Board||14.33yrs||US$13.26m||0.64% $23.2m|
|Independent Director||2.5yrs||US$218.35k||0.011% $389.3k|
|Independent Director||1yr||US$53.50k||no data|
|Independent Director||1.92yrs||US$299.21k||0.013% $455.2k|
|Independent Director||9.75yrs||US$26.75k||no data|
|Independent Director||6.33yrs||US$223.84k||0.019% $673.4k|
Experienced Board: SLGN's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SLGN insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Silgan Holdings Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Silgan Holdings Inc.
- Ticker: SLGN
- Exchange: NasdaqGS
- Founded: 1987
- Industry: Metal and Glass Containers
- Sector: Materials
- Market Cap: US$3.624b
- Shares outstanding: 110.87m
- Website: https://www.silganholdings.com
Number of Employees
- Silgan Holdings Inc.
- 4 Landmark Square
- Suite 400
- United States
|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|
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: Metal Containers, Closures, and Plastic Containers. The Metal Containers segment manufactures and sells steel and aluminum containers for food products, such as pet food, vegetables, soups, proteins, tomato based products, adult nutritional drinks, fruits, and other miscellaneous food products, as well as general line metal containers primarily for chemicals. The Closures segment offers a range of metal and plastic closures, and dispensing systems for use in food, beverage, health care, garden, personal care, home, and beauty products, as well as capping/sealing equipment and detection systems. The Plastic Containers segment manufactures and sells custom designed and stock plastic containers for use in personal care and health care; food and beverage; household and industrial chemical; pharmaceutical; pet food and care; agricultural; automotive; and marine chemical products. This segment also provides plastic thermoformed barrier and non-barrier bowls, and trays for food products, such as soups, other ready-to-eat meals, and pet food products, as well as thermoformed plastic tubs for food, household, and personal care products, including soft fabric wipes. The company markets its products primarily through direct sales force, as well as through a network of distributors and an online shopping catalog. Silgan Holdings Inc. was founded in 1987 and is headquartered in Stamford, Connecticut.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/13 23:56|
|End of Day Share Price||2020/07/13 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.