Ardagh Group
Market Cap
US$5.9b
Last Updated
2021/03/05 00:27 UTC
Data Sources
Company Financials +
Executive Summary
Ardagh Group S.A., together with its subsidiaries, manufactures and supplies rigid packaging solutions primarily for the food and beverage markets worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with questionable track record.
Similar Companies
Share Price & News
How has Ardagh Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ARD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: ARD's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
-1.4%
ARD
0.6%
US Packaging
-2.4%
US Market
1 Year Return
36.4%
ARD
32.4%
US Packaging
31.2%
US Market
Return vs Industry: ARD exceeded the US Packaging industry which returned 32.4% over the past year.
Return vs Market: ARD exceeded the US Market which returned 31.2% over the past year.
Shareholder returns
| ARD | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | 0.6% | -2.4% |
| 30 Day | 40.1% | 2.3% | -3.0% |
| 90 Day | 36.6% | 1.3% | 3.2% |
| 1 Year | 42.3%36.4% | 35.0%32.4% | 34.1%31.2% |
| 3 Year | 43.4%29.0% | 34.2%24.7% | 48.1%38.6% |
| 5 Year | n/a | 103.9%80.3% | 116.5%92.3% |
Long-Term Price Volatility Vs. Market
How volatile is Ardagh Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Statutory Profit Doesn't Reflect How Good Ardagh Group's (NYSE:ARD) Earnings Are2 weeks ago | Simply Wall St
Zooming in on NYSE:ARD's 3.1% Dividend Yield1 month ago | Simply Wall St
Would Shareholders Who Purchased Ardagh Group's (NYSE:ARD) Stock Year Be Happy With The Share price Today?Valuation
Is Ardagh Group undervalued compared to its fair value and its price relative to the market?
12.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ARD ($24.89) is trading below our estimate of fair value ($28.53)
Significantly Below Fair Value: ARD is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ARD is poor value based on its PE Ratio (452.6x) compared to the US Packaging industry average (26.3x).
PE vs Market: ARD is poor value based on its PE Ratio (452.6x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: ARD is poor value based on its PEG Ratio (8.1x)
Price to Book Ratio
PB vs Industry: ARD has negative assets, so we can't compare its PB Ratio to the US Packaging industry average.
Next Steps
Future Growth
How is Ardagh Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
55.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ARD's forecast earnings growth (55.8% per year) is above the savings rate (2%).
Earnings vs Market: ARD's earnings (55.8% per year) are forecast to grow faster than the US market (19.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ARD's revenue (5.7% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: ARD's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ARD's Return on Equity is forecast to be high in 3 years time (22.4%)
Next Steps
Past Performance
How has Ardagh Group performed over the past 5 years?
-15.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ARD has a large one-off loss of $132.0M impacting its December 31 2020 financial results.
Growing Profit Margin: ARD became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ARD has become profitable over the past 5 years, growing earnings by -15.6% per year.
Accelerating Growth: ARD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ARD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Packaging industry (-4%).
Return on Equity
High ROE: ARD's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Next Steps
Financial Health
How is Ardagh Group's financial position?
Financial Position Analysis
Short Term Liabilities: ARD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ARD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ARD has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ARD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ARD's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: ARD's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Ardagh Group current dividend yield, its reliability and sustainability?
2.41%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ARD's dividend (2.41%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: ARD's dividend (2.41%) is low compared to the top 25% of dividend payers in the US market (3.72%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ARD has been paying a dividend for less than 10 years.
Growing Dividend: ARD's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (1091.1%), ARD's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ARD's dividends in 3 years are forecast to be well covered by earnings (22.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.1yrs
Average management tenure
CEO
Paul Coulson (67 yo)
3.25yrs
Tenure
Mr. Paul R. Coulson founded Yeoman International Group Limited in 1980 and serves as its Chief Executive Officer. Mr. Coulson founded Yeoman International Group Limited in 1982. He served as an Executive O...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 3.25yrs | no data | no data | |
| Group CFO & Director | 7yrs | no data | no data | |
| COO & Executive Director | 1.33yrs | no data | no data | |
| Group Investor Relations Director | 9.17yrs | no data | no data | |
| Managing Director | no data | no data | no data | |
| Managing Director of Operations Metal - Europe | 10.17yrs | no data | no data | |
| Chief Commercial Officer of Glass Americas | no data | no data | no data | |
| Chief Sustainability Officer | 1.25yrs | no data | no data | |
| Chief Executive of the European Glass Division | no data | no data | no data | |
| Chief Executive of North American Glass Unit | no data | no data | no data | |
| Chief Executive Officer of Ardagh Beverage Can | no data | no data | no data |
5.1yrs
Average Tenure
55yo
Average Age
Experienced Management: ARD's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 3.25yrs | no data | no data | |
| Group CFO & Director | 7yrs | no data | no data | |
| COO & Executive Director | 1.33yrs | no data | no data | |
| Independent Non-Executive Director | 4.17yrs | no data | no data | |
| Independent Director | 16.83yrs | no data | no data | |
| Independent Director | 23.17yrs | no data | no data | |
| Independent Non-Executive Director | no data | no data | no data | |
| Director | 5.17yrs | no data | no data | |
| Independent Non-Executive Director | 1.33yrs | no data | no data | |
| Non-Executive Director | 5.17yrs | no data | no data | |
| Independent Non-Executive Director | 4.17yrs | no data | no data |
5.2yrs
Average Tenure
64yo
Average Age
Experienced Board: ARD's board of directors are considered experienced (5.2 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Ardagh Group S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ardagh Group S.A.
- Ticker: ARD
- Exchange: NYSE
- Founded: 1932
- Industry: Metal and Glass Containers
- Sector: Materials
- Market Cap: US$5.883b
- Shares outstanding: 236.36m
- Website: https://www.ardaghgroup.com
Number of Employees
Location
- Ardagh Group S.A.
- 56, rue Charles Martel
- Luxembourg City
- 2134
- Luxembourg
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ARD | NYSE (New York Stock Exchange) | Yes | Class A Shares | US | USD | Mar 2017 |
| UKYE | DB (Deutsche Boerse AG) | Yes | Class A Shares | DE | EUR | Mar 2017 |
Biography
Ardagh Group S.A., together with its subsidiaries, manufactures and supplies rigid packaging solutions primarily for the food and beverage markets worldwide. The company operates through four segments: Met...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/05 00:27 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.