Bemis Company
Bemis Company, Inc. manufactures and sells packaging products in the United States, Brazil, other Americas, Europe, and the Asia-Pacific. The last earnings update was 86 days ago. More info.
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BMS Share Price and Events
Value
Is Bemis Company undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Bemis Company
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Bemis Company.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 12 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 10.8% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 3% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 3% |
| Equity Risk Premium | S&P Global | 7.1% |
| Packaging Unlevered Beta | Simply Wall St/ S&P Global | 0.86 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.864 (1 + (1- 21%) (36.55%)) |
1.114 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.11 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.95% + (1.114 * 7.05%) |
10.8% |
Discounted Cash Flow Calculation for NYSE:BMS using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Bemis Company is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.
| 2019 | 2020 | 2021 | 2022 | 2023 | |
| Levered FCF (USD, Millions) | 286.87 | 302.00 | 293.01 | 284.29 | 275.83 |
| Source | Analyst x6 | Analyst x1 | Est @ -2.98% | Est @ -2.98% | Est @ -2.98% |
|
Present Value Discounted (@ 10.8%) |
258.90 | 245.99 | 215.41 | 188.63 | 165.17 |
| Present value of next 5 years cash flows | $1,074.10 |
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2023
× (1 + g) ÷ (Discount Rate – g)
= $275.83 × (1 + 2.95%) ÷ (10.8% – 2.95%) |
$3,617.25 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)5
= $3,617.25 ÷ (1 + 10.8%)5 |
$2,166.06 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 5 years cash flows +
Terminal Value
= $1,074.10 + $2,166.06 |
$3,240.16 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $3,240.16 / 91.02 |
$35.6 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $35.60 |
| Current discount | Discount to share price of
$45.91
= -1 x ($45.91 - $35.60) / $35.60 |
-29% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Bemis Company is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Bemis Company's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Bemis Company's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-06-30) in USD | $1.20 |
| NYSE:BMS Share Price ** | NYSE (2018-10-19) in USD | $45.91 |
| United States of America Packaging Industry PE Ratio | Median Figure of 16 Publicly-Listed Packaging Companies | 20.4x |
| United States of America Market PE Ratio | Median Figure of 2,939 Publicly-Listed Companies | 18.97x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Bemis Company.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:BMS Share Price ÷ EPS (both in USD) = 45.91 ÷ 1.20 |
38.22x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Bemis Company is overvalued based on earnings compared to the US Packaging industry average.
- Bemis Company is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Bemis Company's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 38.22x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts |
21.6%per year |
| United States of America Packaging Industry PEG Ratio | Median Figure of 16 Publicly-Listed Packaging Companies | 1.41x |
| United States of America Market PEG Ratio | Median Figure of 2,059 Publicly-Listed Companies | 1.27x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 38.22x ÷ 21.6% |
1.77x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Bemis Company is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Bemis Company's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-06-30) in USD | $12.84 |
| NYSE:BMS Share Price * | NYSE (2018-10-19) in USD | $45.91 |
| United States of America Packaging Industry PB Ratio | Median Figure of 19 Publicly-Listed Packaging Companies | 3.45x |
| United States of America Market PB Ratio | Median Figure of 4,944 Publicly-Listed Companies | 1.91x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:BMS Share Price ÷ Book Value per Share (both in USD) = 45.91 ÷ 12.84 |
3.58x |
* Primary Listing of Bemis Company.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Bemis Company is overvalued based on assets compared to the US Packaging industry average.
Value checks
We assess Bemis Company's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Packaging industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Packaging industry average (and greater than 0)? (1 check) Bemis Company has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Bemis Company's earnings growth is expected to exceed the low risk savings rate of 3%.
Growth vs Market Checks
- Bemis Company's earnings growth is expected to exceed the United States of America market average.
- Bemis Company's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:BMS Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts | 21.6% |
| NYSE:BMS Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts | 0.6% |
| United States of America Packaging Industry Earnings Growth Rate | Market Cap Weighted Average | 7.6% |
| United States of America Packaging Industry Revenue Growth Rate | Market Cap Weighted Average | 2.8% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 15.9% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.5% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 12 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | 4,126 | 452 | 279 | 6 |
| 2019-12-31 | 4,103 | 426 | 263 | 12 |
| 2018-12-31 | 4,072 | 411 | 223 | 12 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-06-30 | 4,099 | 339 | 109 |
| 2018-03-31 | 4,078 | 339 | 91 |
| 2017-12-31 | 4,046 | 379 | 94 |
| 2017-09-30 | 4,031 | 389 | 195 |
| 2017-06-30 | 4,023 | 485 | 208 |
| 2017-03-31 | 4,032 | 479 | 231 |
| 2016-12-31 | 4,004 | 437 | 236 |
| 2016-09-30 | 3,999 | 489 | 233 |
| 2016-06-30 | 3,990 | 487 | 226 |
| 2016-03-31 | 3,999 | 520 | 241 |
| 2015-12-31 | 4,071 | 552 | 242 |
| 2015-09-30 | 4,141 | 469 | 242 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 12 Analyst Estimates (S&P Global) | See Below |
All data from Bemis Company Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | 3.22 | 3.31 | 3.10 | 3.00 |
| 2019-12-31 | 2.93 | 3.12 | 2.48 | 5.00 |
| 2018-12-31 | 2.42 | 2.52 | 2.23 | 4.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-06-30 | 1.20 |
| 2018-03-31 | 0.99 |
| 2017-12-31 | 1.03 |
| 2017-09-30 | 2.12 |
| 2017-06-30 | 2.24 |
| 2017-03-31 | 2.47 |
| 2016-12-31 | 2.50 |
| 2016-09-30 | 2.45 |
| 2016-06-30 | 2.37 |
| 2016-03-31 | 2.51 |
| 2015-12-31 | 2.50 |
| 2015-09-30 | 2.49 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Bemis Company's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Bemis Company has a total score of 4/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Bemis Company performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Bemis Company's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
- Bemis Company's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Bemis Company's 1-year earnings growth is negative, it can't be compared to the US Packaging industry average.
Earnings and Revenue History
All data from Bemis Company Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-06-30 | 4,099.40 | 109.20 | 379.50 | 38.70 |
| 2018-03-31 | 4,078.20 | 90.50 | 381.30 | 40.40 |
| 2017-12-31 | 4,046.20 | 94.00 | 380.40 | 42.90 |
| 2017-09-30 | 4,030.60 | 195.20 | 385.80 | 45.40 |
| 2017-06-30 | 4,022.70 | 208.20 | 387.00 | 47.00 |
| 2017-03-31 | 4,031.90 | 231.10 | 388.80 | 47.50 |
| 2016-12-31 | 4,004.40 | 236.20 | 392.20 | 46.50 |
| 2016-09-30 | 3,999.10 | 232.50 | 403.50 | 45.00 |
| 2016-06-30 | 3,990.20 | 226.40 | 409.50 | 44.40 |
| 2016-03-31 | 3,999.20 | 241.10 | 413.00 | 44.30 |
| 2015-12-31 | 4,071.40 | 241.90 | 420.00 | 44.10 |
| 2015-09-30 | 4,141.40 | 242.30 | 413.10 | 44.50 |
| 2015-06-30 | 4,221.30 | 241.30 | 415.90 | 44.70 |
| 2015-03-31 | 4,288.60 | 236.40 | 416.40 | 44.30 |
| 2014-12-31 | 4,343.50 | 239.10 | 416.60 | 44.10 |
| 2014-09-30 | 4,376.10 | 232.00 | 420.60 | 43.80 |
| 2014-06-30 | 4,399.40 | 219.40 | 428.80 | 43.30 |
| 2014-03-31 | 4,316.60 | 202.70 | 424.50 | 40.30 |
| 2013-12-31 | 4,476.60 | 192.30 | 448.50 | 40.50 |
| 2013-09-30 | 4,625.20 | 182.00 | 464.00 | 40.20 |
| 2013-06-30 | 4,791.50 | 180.00 | 479.60 | 39.70 |
| 2013-03-31 | 5,089.40 | 177.80 | 503.50 | 42.00 |
| 2012-12-31 | 4,583.60 | 147.10 | 454.20 | 35.70 |
| 2012-09-30 | 5,175.50 | 154.60 | 496.00 | 42.00 |
| 2012-06-30 | 5,245.60 | 162.70 | 479.20 | 42.40 |
| 2012-03-31 | 5,303.07 | 174.35 | 481.93 | 42.01 |
| 2011-12-31 | 5,322.70 | 181.30 | 478.90 | 38.70 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Bemis Company has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Bemis Company used its assets less efficiently than the US Packaging industry average last year based on Return on Assets.
- Bemis Company's use of capital has not improved over the past 3 years (Return on Capital Employed).
Past performance checks
We assess Bemis Company's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Packaging industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Bemis Company has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Bemis Company's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Bemis Company's finances.
The net worth of a company is the difference between its assets and liabilities.
- Bemis Company is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Bemis Company's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Bemis Company Company Filings, last reported 3 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-06-30 | 1,168.60 | 1,527.30 | 51.00 |
| 2018-03-31 | 1,238.20 | 1,576.80 | 59.70 |
| 2017-12-31 | 1,201.20 | 1,564.00 | 71.10 |
| 2017-09-30 | 1,275.90 | 1,551.50 | 44.70 |
| 2017-06-30 | 1,264.70 | 1,535.80 | 55.00 |
| 2017-03-31 | 1,261.80 | 1,553.20 | 50.80 |
| 2016-12-31 | 1,259.70 | 1,545.10 | 74.20 |
| 2016-09-30 | 1,283.00 | 1,503.30 | 79.10 |
| 2016-06-30 | 1,297.40 | 1,554.00 | 61.80 |
| 2016-03-31 | 1,232.40 | 1,456.80 | 50.10 |
| 2015-12-31 | 1,207.40 | 1,389.30 | 59.20 |
| 2015-09-30 | 1,243.30 | 1,300.00 | 78.60 |
| 2015-06-30 | 1,341.70 | 1,383.90 | 87.80 |
| 2015-03-31 | 1,328.30 | 1,386.40 | 60.30 |
| 2014-12-31 | 1,433.00 | 1,342.90 | 47.10 |
| 2014-09-30 | 1,595.00 | 1,458.70 | 126.10 |
| 2014-06-30 | 1,695.30 | 1,486.30 | 127.20 |
| 2014-03-31 | 1,677.00 | 1,473.50 | 152.20 |
| 2013-12-31 | 1,684.80 | 1,456.50 | 141.70 |
| 2013-09-30 | 1,687.40 | 1,459.10 | 155.60 |
| 2013-06-30 | 1,592.40 | 1,468.80 | 150.20 |
| 2013-03-31 | 1,631.20 | 1,551.40 | 152.70 |
| 2012-12-31 | 1,640.90 | 1,426.50 | 114.10 |
| 2012-09-30 | 1,617.60 | 1,501.00 | 123.30 |
| 2012-06-30 | 1,575.20 | 1,564.90 | 127.20 |
| 2012-03-31 | 1,644.95 | 1,571.59 | 112.99 |
| 2011-12-31 | 1,582.10 | 1,569.90 | 109.80 |
- Bemis Company's level of debt (130.7%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (92.2% vs 130.7% today).
- Debt is well covered by operating cash flow (22.2%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 5.8x coverage).
Financial health checks
We assess Bemis Company's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Bemis Company has a total score of 3/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Bemis Company's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Bemis Company
shares you are expected to receive
$54
in your first year as a dividend.
Dividend Amount
- Bemis Company's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.38%).
- Bemis Company's dividend is below the markets top 25% of dividend payers in United States of America (3.49%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 12 Analyst Estimates (S&P Global) | See Below |
| United States of America Packaging Industry Average Dividend Yield | Market Cap Weighted Average of 12 Stocks | 2.9% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 1973 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.5% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2020-12-31 | 1.36 | 5.00 |
| 2019-12-31 | 1.29 | 7.00 |
| 2018-12-31 | 1.25 | 7.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2018-08-02 | 1.240 | 2.560 |
| 2018-05-03 | 1.240 | 2.895 |
| 2018-02-08 | 1.240 | 2.797 |
| 2017-11-02 | 1.200 | 2.584 |
| 2017-08-03 | 1.200 | 2.681 |
| 2017-05-04 | 1.200 | 2.657 |
| 2017-02-10 | 1.200 | 2.474 |
| 2016-11-03 | 1.160 | 2.356 |
| 2016-08-04 | 1.160 | 2.291 |
| 2016-05-05 | 1.160 | 2.292 |
| 2016-02-04 | 1.160 | 2.294 |
| 2015-11-05 | 1.120 | 2.469 |
| 2015-08-06 | 1.120 | 2.615 |
| 2015-05-07 | 1.120 | 2.436 |
| 2015-02-05 | 1.120 | 2.417 |
| 2014-11-06 | 1.080 | 2.522 |
| 2014-08-07 | 1.080 | 2.765 |
| 2014-05-01 | 1.080 | 2.665 |
| 2014-02-06 | 1.080 | 2.746 |
| 2013-11-07 | 1.040 | 2.645 |
| 2013-08-01 | 1.040 | 2.608 |
| 2013-05-02 | 1.040 | 2.602 |
| 2013-02-07 | 1.040 | 2.683 |
| 2012-11-01 | 1.000 | 2.941 |
| 2012-08-02 | 1.000 | 3.203 |
| 2012-05-03 | 1.000 | 3.229 |
| 2012-04-26 | 1.000 | 3.085 |
| 2011-11-03 | 0.960 | 3.142 |
| 2011-08-05 | 0.960 | 3.217 |
| 2011-05-05 | 0.960 | 2.939 |
| 2011-02-04 | 0.960 | 2.969 |
| 2010-11-04 | 0.920 | 2.860 |
| 2010-07-29 | 0.920 | 2.965 |
| 2010-05-06 | 0.920 | 3.229 |
| 2010-02-04 | 0.920 | 3.125 |
| 2009-10-29 | 0.900 | 3.081 |
| 2009-07-30 | 0.900 | 3.402 |
| 2009-05-07 | 0.900 | 3.594 |
| 2009-01-29 | 0.900 | 4.297 |
| 2008-10-30 | 0.880 | 3.616 |
| 2008-10-22 | 0.880 | 3.798 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- 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
What portion of
Bemis Company's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are not well covered by earnings (1x coverage).
- Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).
Income/ dividend checks
We assess Bemis Company's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Bemis Company afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Bemis Company has a total score of 4/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $6,643,003 |
| AGE | 59 |
| TENURE AS CEO | 4.2 years |
CEO Bio
Mr. William F. Austen, also known as Bill, has been the Chief Executive Officer and President of Bemis Company, Inc. since August 7, 2014. Mr. Austen has been an Independent Director of Tennant Company since February 14, 2007. He served as the Chief Operating Officer and Executive Vice President of Bemis Company, Inc. since November 11, 2013 until August 2014. He served as Group President of Global Operations at Bemis Company, Inc. from 2012 to November 11, 2013. He served as Vice President of Operations at Bemis Company, Inc. since May 2004 until 2012. He served as the President and Chief Executive Officer of MACtac (trademark of Morgan Adhesives Company, a subsidiary of Bemis Co. Inc.) from 2000 to 2004. Mr. Austen was responsible for the pressure sensitive materials business subsidiary, known as MACtac and the paper packaging operations of Bemis. Prior to joining Bemis Company, he held leadership positions at various manufacturing operations of General Electric Company, where he worked for 20 years from 1980 to 2000 and served as General Manager of Global Switchgear Business. Mr. Austen has been a Director of Bemis Company, Inc. since 2014. He has been a Trustee of Manufacturers Alliance for Productivity and Innovation, Inc. since November 25, 2014. Mr. Austen holds a Bachelor of Engineering Degree in Marine Engineering from the State University of New York (SUNY) Maritime College and has Masters Degree in Engineering Administration from George Washington University. His qualifications are Mr. Austen has an intimate understanding of the Company’s business, operations and customers. His expertise in global manufacturing and operations, together with his experience in international mergers and acquisitions and business integration, contribute invaluable skills and capabilities to the Board.
CEO Compensation
- Bill's compensation has been consistent with company performance over the past year.
- Bill's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Bemis Company management team in years:
- The tenure for the Bemis Company management team is about average.
Management Team
Bill Austen
President
$7M
59
4.2 yrs
Mike Clauer
Senior VP & CFO
$2M
60
3.8 yrs
Bill Jackson
Senior VP & CTO
$894K
56
5.6 yrs
Sheri Edison
Senior VP
$1M
61
8.3 yrs
Tim Fliss
Senior VP & Chief Human Resources Officer
$899K
55
1.8 yrs
Jerry Krempa
VP & Chief Accounting Officer
$1M
57
1.8 yrs
John Kreul
Chief Information Officer & VP of Commercial Services & Quality - Bemis North America
7.2 yrs
Erin Winters
Director of Investor Relations
Filip Lens
President of Bemis Europe
3.8 yrs
B. Lim
President of Bemis Asia Pacific
13.8 yrs
Board of Directors Tenure
Average tenure and age of the Bemis Company board of directors in years:
- The tenure for the Bemis Company board of directors is about average.
Board of Directors
Tim Manganello
Non-Executive Chairman
$423K
68
3.4 yrs
Bill Austen
President
$7M
59
4.8 yrs
David Haffner
Independent Director
$247K
66
14.4 yrs
Phil Weaver
Independent Director
$228K
65
13.4 yrs
Holly Van Deursen
Independent Director
$247K
59
10.8 yrs
Arun Nayar
Independent Director
$247K
67
3.7 yrs
Dave Szczupak
Independent Director
$229K
62
5.9 yrs
Adele Gulfo
Independent Director
$230K
55
3.3 yrs
Katie Doyle
Independent Director
$149K
50
1.2 yrs
Guillermo Novo
Independent Director
56
0.6 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Start | End | Shares | Value (USD) |
|---|
Management checks
We assess Bemis Company's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Bemis Company has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
External News
Simply Wall St News
What Should You Know About Bemis Company Inc's (NYSE:BMS) Return On Capital?
Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … Therefore, looking at how efficiently Bemis Company is able to use capital to create earnings will help us understand your potential return. … Bemis Company's Return On Capital Employed
Simply Wall St - – Full articleBemis Company Inc (NYSE:BMS): Did It Outperform The Industry?
Assessing Bemis Company Inc's (NYSE:BMS) past track record of performance is an insightful exercise for investors. … Today I will assess BMS's recent performance announced on 30 June 2018 and evaluate these figures to its long-term trend and industry movements. … Was BMS's recent earnings decline indicative of a tough track record.
Simply Wall St - – Full articleOnly 2 Days Left Before Bemis Company Inc (NYSE:BMS) Will Start Trading Ex-Dividend, Should You Buy?
On the 04 September 2018, Bemis Company Inc (NYSE:BMS) will be paying shareholders an upcoming dividend amount of US$0.31 per share. … Investors looking for higher income-generating stocks to add to their portfolio should keep reading, as I examine Bemis Company's latest financial data to analyse its dividend characteristics. … Whenever I am looking at a potential dividend stock investment, I always check these five metrics:?
Simply Wall St - – Full articleWho Are The Major Shareholders In Bemis Company Inc (NYSE:BMS)?
In this analysis, my focus will be on developing a perspective on Bemis Company Inc’s (NYSE:BMS) latest ownership structure, a less discussed, but important factor. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.
Simply Wall St - – Full articleIs It The Right Time To Buy Bemis Company Inc (NYSE:BMS)?
Bemis Company Inc (NYSE:BMS), a packaging company based in United States,. … Let’s take a look at Bemis Company’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change … View our latest analysis for Bemis Company
Simply Wall St - – Full articleBemis Company Inc (NYSE:BMS): What Can We Expect From Future Profit Margins?
With analysts forecasting … Bemis Company Inc (NYSE:BMS) to … earnings growth of 24.35% annualised
Simply Wall St - – Full articleIs Bemis Company Inc's (NYSE:BMS) PE Ratio A Signal To Sell For Investors?
which is 2.54 times more expensive than the 16.73x average multiple of the US Packaging. … However, a static multiple such as PE is never conclusive on its own. … Below, I will lay out some important considerations to help determine which multiple best suits
Simply Wall St - – Full articleShould You Buy Bemis Company Inc (NYSE:BMS) For Its Dividend?
Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. … In the past 10 years Bemis Company Inc (NYSE:BMS) has returned an average of 3.00% per year to investors in the form of dividend payouts. … Does Bemis Company tick all the boxes of a great dividend stock?
Simply Wall St - – Full articleWhat You Must Know About Bemis Company Inc's (NYSE:BMS) 7.31% ROE
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to better understand how you can grow your money by investing in Bemis Company Inc (NYSE:BMS). … Bemis Company Inc (NYSE:BMS) generated a below-average return on equity of 7.31% in the past 12 months, while its industry returned 15.78%.
Simply Wall St - – Full articleHow Financially Strong Is Bemis Company Inc (NYSE:BMS)?
Moreover, BMS has generated cash from operations of US$379.00M over the same time period, leading to an operating cash to total debt ratio of 24.23%, signalling that BMS’s debt is appropriately covered by operating cash. … At the current liabilities level of US$666.10M liabilities, it appears that the company has been able to meet these obligations given the level of current assets of US$1.24B, with a current ratio of 1.86x. … We can check to see whether BMS is able to meet its debt obligations by looking at the net interest coverage ratio.
Simply Wall St - – Full articleCompany Info
Map
Description
Bemis Company, Inc. manufactures and sells packaging products in the United States, Brazil, other Americas, Europe, and the Asia-Pacific. It operates through three segments: U.S. Packaging, Latin America Packaging, and Rest of World Packaging. The company offers multilayer polymer, blown, and cast film structures; and injection molded plastic, thermoformed plastic, and folding carton packaging products. Its products are used to produce packaging for food, medical, pharmaceutical, personal care, electronics, and industrial applications. The company was formerly known as Bemis Bro. Bag Company and changed its name to Bemis Company, Inc. in 1965. Bemis Company, Inc. was founded in 1858 and is based in Neenah, Wisconsin.
Details
| Name: | Bemis Company, Inc. |
| BMS | |
| Exchange: | NYSE |
| Founded: | 1858 |
| $4,178,512,744 | |
| 91,015,307 | |
| Website: | http://www.bemis.com |
| Address: |
Bemis Company, Inc. One Neenah Center, 4th Floor, Neenah, Wisconsin, 54957, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | BMS | Common Stock | New York Stock Exchange | US | USD | 02. Jan 1968 | |
| DB | BE7 | Common Stock | Deutsche Boerse AG | DE | EUR | 02. Jan 1968 |
Number of employees
Current staff
Industry
| Paper Packaging | |
| Materials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2018/10/21 21:03 |
| End of day share price update: | 2018/10/19 00:00 |
| Last estimates confirmation: | 2018/10/17 |
| Last earnings filing: | 2018/07/27 |
| Last earnings reported: | 2018/06/30 |
| Last annual earnings reported: | 2017/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
