NYSE:BLL

Stock Analysis Report

Executive Summary

Ball Corporation supplies metal packaging products to the beverage, personal care, and household products industries.

Snowflake

Fundamentals

Proven track record with moderate growth potential.


Similar Companies

Share Price & News

How has Ball's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.8%

BLL

2.6%

US Packaging

0.07%

US Market


1 Year Return

57.1%

BLL

18.6%

US Packaging

8.9%

US Market

Return vs Industry: BLL exceeded the US Packaging industry which returned 18.6% over the past year.

Return vs Market: BLL exceeded the US Market which returned 8.9% over the past year.


Shareholder returns

BLLIndustryMarket
7 Day-1.8%2.6%0.07%
30 Day-4.0%2.4%-0.3%
90 Day-1.6%-2.4%-1.6%
1 Year58.3%57.1%21.5%18.6%11.3%8.9%
3 Year82.5%77.7%27.1%19.1%46.3%36.8%
5 Year121.9%112.8%47.5%30.2%62.1%44.3%

Price Volatility Vs. Market

How volatile is Ball's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Ball undervalued compared to its fair value and its price relative to the market?

45.56x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BLL ($70.85) is trading above our estimate of fair value ($59.83)

Significantly Below Fair Value: BLL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BLL is poor value based on its PE Ratio (45.6x) compared to the Packaging industry average (17.6x).

PE vs Market: BLL is poor value based on its PE Ratio (45.6x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: BLL is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: BLL is overvalued based on its PB Ratio (6.8x) compared to the US Packaging industry average (3.5x).


Next Steps

Future Growth

How is Ball forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

19.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BLL's forecast earnings growth (19.5% per year) is above the savings rate (2.7%).

Earnings vs Market: BLL's earnings (19.5% per year) are forecast to grow faster than the US market (14.5% per year).

High Growth Earnings: BLL's earnings are forecast to grow, but not significantly.

Revenue vs Market: BLL's revenue (4.7% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: BLL's revenue (4.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BLL's Return on Equity is forecast to be high in 3 years time (32.6%)


Next Steps

Past Performance

How has Ball performed over the past 5 years?

2.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BLL's earnings have grown by 2.6% per year over the past 5 years.

Accelerating Growth: BLL's earnings growth over the past year (16.2%) exceeds its 5-year average (2.6% per year).

Earnings vs Industry: BLL earnings growth over the past year (16.2%) exceeded the Packaging industry -1.4%.


Return on Equity

High ROE: BLL's Return on Equity (14.6%) is considered low.


Return on Assets

ROA vs Industry: BLL's Return on Assets is below or equal to the Packaging industry average last year.


Return on Capital Employed

ROCE Improving: BLL has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Ball's financial position?


Financial Position Analysis

Short Term Liabilities: BLL's short term assets ($4.5B) exceeds its short term liabilities ($4.1B)

Long Term Liabilities: BLL's short term assets (4.5B) do not cover its long term liabilities (9.4B)


Debt to Equity History and Analysis

Debt Level: BLL's debt to equity ratio (205.1%) is considered high

Reducing Debt: BLL's debt to equity ratio has reduced from 251.3% to 205.1% over the past 5 years.

Debt Coverage: BLL's debt is not well covered by operating cash flow (19%).

Interest Coverage: BLL's interest payments on its debt are well covered by EBIT (3.6x coverage).


Balance Sheet

Inventory Level: BLL has a high level of physical assets or inventory.

Debt Coverage by Assets: BLL's debt is not covered by short term assets (assets are 0.6x debt).


Next Steps

Dividend

What is Ball's current dividend yield, its reliability and sustainability?

0.85%

Current Dividend Yield


Dividend Yield vs Market

company0.8%marketbottom25%1.4%markettop25%3.7%industryaverage2.6%forecastin3Years0.7%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: BLL's dividend (0.85%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: BLL's dividend (0.85%) is low compared to the top 25% of dividend payers in the US market (3.68%).

Stable Dividend: BLL's dividend payments have been volatile in the past 10 years.

Growing Dividend: BLL's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (28.9%), BLL's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BLL's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

4.8yrs

Average management tenure


CEO

John Hayes (54yo)

8.8yrs

Tenure

US$10,941,645

Compensation

Mr. John A. Hayes has been the Chief Executive Officer of Ball Corporation since January 26, 2011 and has been its President since January 1, 2010. Mr. Hayes served as the Chief Operating Officer of Ball C ...


CEO Compensation Analysis

Compensation vs. Market: John's total compensation ($USD10.94M) is about average for companies of similar size in the US market ($USD11.18M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.


Management Age and Tenure

4.8yrs

Average Tenure

57yo

Average Age

Experienced Management: BLL's management team is considered experienced (4.8 years average tenure).


Board Age and Tenure

2.6yrs

Average Tenure

60yo

Average Age

Experienced Board: BLL's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: BLL insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$378,58805 Sep 19
Daniel Fisher
EntityIndividual
Role
Senior Key Executive
Senior VP & COO of Global Metal Beverage Packaging
Shares4,745
Max PriceUS$79.79
SellUS$211,30123 Aug 19
Nate Carey
EntityIndividual
Shares2,655
Max PriceUS$79.59
SellUS$3,907,17320 Aug 19
Charles Baker
EntityIndividual
Role
Chief Legal Officer
VP, General Counsel & Corporate Secretary
Shares48,854
Max PriceUS$80.06
SellUS$3,715,64916 Aug 19
Stuart Taylor
EntityIndividual
Role
Lead Director
Lead Independent Director
Shares48,000
Max PriceUS$77.77
SellUS$1,315,91413 Aug 19
Scott Morrison
EntityIndividual
Role
Chief Financial Officer
Senior VP & CFO
Shares17,224
Max PriceUS$76.40
SellUS$330,69411 Jun 19
Daniel Fisher
EntityIndividual
Role
Senior Key Executive
Senior VP & COO of Global Metal Beverage Packaging
Shares5,000
Max PriceUS$66.14
SellUS$416,83721 May 19
Robert Strain
EntityIndividual
Shares6,708
Max PriceUS$62.14
SellUS$392,34320 May 19
Jeffrey Knobel
EntityIndividual
Shares6,300
Max PriceUS$62.28
SellUS$45,78217 May 19
Scott Morrison
EntityIndividual
Role
Chief Financial Officer
Senior VP & CFO
Shares726
Max PriceUS$63.06
SellUS$105,61612 Mar 19
Nate Carey
EntityIndividual
Shares1,900
Max PriceUS$55.60
SellUS$5,061,48314 Feb 19
John Hayes
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares91,701
Max PriceUS$55.20
SellUS$371,88607 Feb 19
Daniel Fisher
EntityIndividual
Role
Senior Key Executive
Senior VP & COO of Global Metal Beverage Packaging
Shares7,000
Max PriceUS$53.13
SellUS$331,33119 Nov 18
Charles Baker
EntityIndividual
Role
Chief Legal Officer
VP, General Counsel & Corporate Secretary
Shares6,561
Max PriceUS$50.50
SellUS$327,15107 Nov 18
Jeffrey Knobel
EntityIndividual
Shares6,899
Max PriceUS$47.42

Ownership Breakdown


Management Team

  • John Hayes (54yo)

    Chairman

    • Tenure: 8.8yrs
    • Compensation: US$10.94m
  • Scott Morrison (57yo)

    Senior VP & CFO

    • Tenure: 9.8yrs
    • Compensation: US$3.21m
  • Charles Baker (62yo)

    VP, General Counsel & Corporate Secretary

    • Tenure: 15.5yrs
    • Compensation: US$2.07m
  • Lisa Pauley (58yo)

    Senior Vice President of Human Resources & Administration

    • Tenure: 8.3yrs
    • Compensation: US$2.07m
  • Ann Scott (55yo)

    Vice President of Investor Relations

    • Tenure: 0yrs
  • Colin Gillis (65yo)

    President of Beverage Packaging Europe

    • Tenure: 3.8yrs
  • Gihan Atapattu

    President of Beverage Packaging Asia Pacific

    • Tenure: 0.8yrs
  • Dan Fisher (46yo)

    Senior VP & COO of Global Metal Beverage Packaging

    • Tenure: 2.8yrs
    • Compensation: US$3.31m
  • Daniel Rabbitt

    Vice President of Corporate Planning & Development

    • Tenure: 3.3yrs
  • Kathleen Pitre

    Vice President of Communications & Corporate Relations

    • Tenure: 4.8yrs

Board Members

  • John Hayes (54yo)

    Chairman

    • Tenure: 8.8yrs
    • Compensation: US$10.94m
  • Stuart Taylor (58yo)

    Lead Independent Director

    • Tenure: 0.5yrs
    • Compensation: US$283.33k
  • Dan Heinrich (63yo)

    Independent Director

    • Tenure: 3.2yrs
    • Compensation: US$259.69k
  • Georgia Nelson (69yo)

    Independent Director

    • Tenure: 13.3yrs
    • Compensation: US$254.08k
  • John Bryant (54yo)

    Non-Executive Director

    • Tenure: 1.1yrs
    • Compensation: US$196.26k
  • Cindy Niekamp (59yo)

    Independent Director

    • Tenure: 3.2yrs
    • Compensation: US$255.58k
  • Mike Cave (58yo)

    Independent Director

    • Tenure: 5yrs
    • Compensation: US$259.90k
  • Cathy Ross (61yo)

    Independent Director

    • Tenure: 2yrs
    • Compensation: US$267.58k
  • Pedro Mariani Bittencourt (66yo)

    Director

    • Tenure: 2yrs
    • Compensation: US$249.83k
  • Betty Sapp (73yo)

    Director

    • Tenure: 0.4yrs

Company Information

Ball Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ball Corporation
  • Ticker: BLL
  • Exchange: NYSE
  • Founded: 1880
  • Industry: Metal and Glass Containers
  • Sector: Materials
  • Market Cap: US$23.522b
  • Shares outstanding: 332.00m
  • Website: https://www.ball.com

Number of Employees


Location

  • Ball Corporation
  • 10 Longs Peak Drive
  • PO Box 5000
  • Broomfield
  • Colorado
  • 80021
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BLLNYSE (New York Stock Exchange)YesCommon StockUSUSDDec 1972
BL8DB (Deutsche Boerse AG)YesCommon StockDEEURDec 1972
0HL5LSE (London Stock Exchange)YesCommon StockGBUSDDec 1972

Biography

Ball Corporation supplies metal packaging products to the beverage, personal care, and household products industries. It operates in four segments: Beverage Packaging, North and Central America; Beverage P ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 23:32
End of Day Share Price2019/10/22 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.