NYSE:BLL

Stock Analysis Report

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Executive Summary

Ball Corporation supplies aluminum packaging products to the beverage, personal care, automotive, paint, healthcare, and household products industries. More Details


Snowflake Analysis

Reasonable growth potential and slightly overvalued.


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

Stable Share Price: BLL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: BLL's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

0.4%

BLL

0.2%

US Packaging

2.3%

US Market


1 Year Return

26.2%

BLL

20.6%

US Packaging

23.8%

US Market

Return vs Industry: BLL exceeded the US Packaging industry which returned 20.6% over the past year.

Return vs Market: BLL exceeded the US Market which returned 23.8% over the past year.


Shareholder returns

BLLIndustryMarket
7 Day0.4%0.2%2.3%
30 Day-1.7%0.7%4.8%
90 Day-2.1%9.2%14.5%
1 Year27.1%26.2%23.2%20.6%26.6%23.8%
3 Year144.2%138.0%24.5%15.4%45.0%35.4%
5 Year183.2%171.6%116.5%91.6%126.2%101.0%

Long-Term 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?

33.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BLL ($90.74) is trading below our estimate of fair value ($136.18)

Significantly Below Fair Value: BLL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BLL is poor value based on its PE Ratio (57.1x) compared to the US Packaging industry average (23.7x).

PE vs Market: BLL is poor value based on its PE Ratio (57.1x) compared to the US market (21.3x).


Price to Earnings Growth Ratio

PEG Ratio: BLL is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: BLL is overvalued based on its PB Ratio (10.3x) compared to the US Packaging industry average (3.3x).


Next Steps

Future Growth

How is Ball forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

45.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BLL's forecast earnings growth (45% per year) is above the savings rate (2%).

Earnings vs Market: BLL's earnings (45% per year) are forecast to grow faster than the US market (21.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BLL's revenue (8% per year) is forecast to grow slower than the US market (10.6% per year).

High Growth Revenue: BLL's revenue (8% 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 (30.9%)


Next Steps

Past Performance

How has Ball performed over the past 5 years?

15.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BLL has a large one-off loss of $336.0M impacting its September 30 2020 financial results.

Growing Profit Margin: BLL's current net profit margins (4.5%) are lower than last year (4.8%).


Past Earnings Growth Analysis

Earnings Trend: BLL's earnings have grown by 15.8% per year over the past 5 years.

Accelerating Growth: BLL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BLL had negative earnings growth (-7%) over the past year, making it difficult to compare to the Packaging industry average (-8.9%).


Return on Equity

High ROE: BLL's Return on Equity (16.4%) is considered low.


Next Steps

Financial Health

How is Ball's financial position?


Financial Position Analysis

Short Term Liabilities: BLL's short term assets ($4.0B) exceed its short term liabilities ($3.8B).

Long Term Liabilities: BLL's short term assets ($4.0B) do not cover its long term liabilities ($10.3B).


Debt to Equity History and Analysis

Debt Level: BLL's debt to equity ratio (260.9%) is considered high.

Reducing Debt: BLL's debt to equity ratio has increased from 257.6% to 260.9% over the past 5 years.

Debt Coverage: BLL's debt is not well covered by operating cash flow (16.1%).

Interest Coverage: BLL's interest payments on its debt are well covered by EBIT (4.4x coverage).


Balance Sheet


Next Steps

Dividend

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

0.66%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BLL's dividend (0.66%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.38%).

High Dividend: BLL's dividend (0.66%) is low compared to the top 25% of dividend payers in the US market (3.86%).


Stability and Growth of Payments

Stable Dividend: BLL is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: BLL is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: BLL is not paying a notable dividend for the US market.


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

How experienced are the management team and are they aligned to shareholders interests?

7.3yrs

Average management tenure


CEO

John Hayes (55 yo)

10yrs

Tenure

US$11,855,921

Compensation

Mr. John A. Hayes has been the Chief Executive Officer of Ball Corporation since January 26, 2011 and had been its President since January 1, 2010 until January 2021. Mr. Hayes served as the Chief Operatin...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD11.86M) is about average for companies of similar size in the US market ($USD10.57M).

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


Leadership Team

NamePositionTenureCompensationOwnership
John Hayes
Chairman & CEO10yrsUS$11.86m0.20%
$ 60.6m
Daniel Fisher
President & Directorno dataUS$3.07m0.021%
$ 6.2m
Scott Morrison
Executive VP & CFO11yrsUS$3.51m0.15%
$ 44.5m
Lisa Pauley
Executive VP of Human Resources & Administration9.5yrsUS$2.39m0.15%
$ 44.8m
Ann Scott
Vice President of Investor Relationsno datano datano data
Charles Baker
VP, General Counsel & Corporate Secretary16.75yrsUS$2.07m0.061%
$ 18.1m
Courtney K. Reynolds
Vice President of Communications & Corporate Affairsno datano datano data
Daniel Rabbitt
Vice President of Corporate Planning & Development4.5yrsno datano data
Colin Gillis
President of Beverage Packaging Europe5yrsno datano data
Gihan Atapattu
President of Beverage Packaging Asia Pacific2yrsno datano data
Anthony Barnett
President of Beverage Packaging Africa5yrsno datano data
Kathleen Pitre
Chief Commercial & Sustainability Officer of Global Beverage Packagingno datano datano data

7.3yrs

Average Tenure

57yo

Average Age

Experienced Management: BLL's management team is seasoned and experienced (7.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Hayes
Chairman & CEO10yrsUS$11.86m0.20%
$ 60.6m
Daniel Fisher
President & Directorno dataUS$3.07m0.021%
$ 6.2m
Stuart Taylor
Lead Independent Director1.75yrsUS$291.72k0.036%
$ 10.8m
Daniel Heinrich
Independent Director4.42yrsUS$262.74k0.0029%
$ 860.8k
Georgia Nelson
Independent Director14.5yrsUS$262.74k0.0055%
$ 1.6m
John Bryant
Independent Non-Executive Director2.33yrsUS$261.11kno data
Cynthia Niekamp
Independent Director4.42yrsUS$249.11k0.0018%
$ 543.2k
Michael Cave
Independent Director6.25yrsUS$259.11k0.0018%
$ 543.2k
Cathy Ross
Independent Director3.25yrsUS$264.86kno data
Todd Penegor
Independent Director1.25yrsUS$169.41kno data
Pedro Mariani Bittencourt
Director3.25yrsUS$244.11k0.0018%
$ 543.2k
Betty Sapp
Independent Director1.67yrsUS$200.36kno data

3.3yrs

Average Tenure

59.5yo

Average Age

Experienced Board: BLL's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$29.682b
  • Shares outstanding: 327.11m
  • Website: https://www.ball.com

Number of Employees


Location

  • Ball Corporation
  • 10 Longs Peak Drive
  • PO Box 5000
  • Broomfield
  • Colorado
  • 80021-2510
  • 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
BLL *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNDec 1972
B1LL34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 2 REPR 1 SHS UNSPONBRBRLJan 2020

Biography

Ball Corporation supplies aluminum packaging products to the beverage, personal care, automotive, paint, healthcare, and household products industries. It operates in four segments: Beverage Packaging, Nor...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/24 00:38
End of Day Share Price2021/01/22 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.