CCK

Crown HoldingsNYSE:CCK Stock Report

Market Cap

US$14.0b

7D

1.5%

1Y

41.8%

Updated

16 Sep, 2021

Data

Company Financials +
CCK fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance5/6
Financial Health4/6
Dividends2/6

CCK Overview

Crown Holdings, Inc. designs, manufactures, and sells packaging products and equipment for consumer goods and industrial products in the Americas, Europe, and the Asia Pacific.

Crown Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Crown Holdings
Historical stock prices
Current Share PriceUS$108.00
52 Week HighUS$71.92
52 Week LowUS$114.55
Beta1.18
1 Month Change1.11%
3 Month Change9.71%
1 Year Change41.81%
3 Year Change125.19%
5 Year Change98.64%
Change since IPO509.88%

Recent News & Updates

Sep 16
Is Crown Holdings (NYSE:CCK) Using Too Much Debt?

Is Crown Holdings (NYSE:CCK) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Aug 04

Crown Holdings: Capitalizing On The Ever-Increasing Demand For Beverage Cans

Crown Holdings is a major producer of beverage cans and is expanding its capacity to 97 billion cans per year. The sale of the consumer packaging division brings in firepower to complete the expansion and to buy stock. Just in June alone, Crown repurchased almost $300M worth of stock, reducing its share count by more than 2%.

Shareholder Returns

CCKUS PackagingUS Market
7D1.5%-2.3%-0.6%
1Y41.8%29.3%33.6%

Return vs Industry: CCK exceeded the US Packaging industry which returned 30.5% over the past year.

Return vs Market: CCK exceeded the US Market which returned 33.7% over the past year.

Price Volatility

Is CCK's price volatile compared to industry and market?
CCK volatility
CCK Beta1.18
Industry Beta0.95
Market Beta1

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

Volatility Over Time: CCK's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
189233,000Tim Donahuehttps://www.crowncork.com

Crown Holdings, Inc. designs, manufactures, and sells packaging products and equipment for consumer goods and industrial products in the Americas, Europe, and the Asia Pacific. It offers products for consumer goods, including steel and aluminum cans for food, beverage, household, and other consumer products; glass bottles for beverage product; and metal vacuum closures and steel crowns through its sales organization to the soft drink, food, citrus, brewing, household products, personal care, and various other industries. The company also provides products for industrial products, such as steel and plastic strap consumables and equipment, paper-based protective packaging, and plastic film consumables and equipment to metals, food and beverage, construction, agricultural, corrugated, and general industries.

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CCK ($108) is trading below our estimate of fair value ($400.27)

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


Price To Earnings Ratio

PE vs Industry: CCK is good value based on its PE Ratio (19.1x) compared to the US Packaging industry average (19.9x).

PE vs Market: CCK is poor value based on its PE Ratio (19.1x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: CCK is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: CCK is overvalued based on its PB Ratio (6.2x) compared to the US Packaging industry average (3.4x).


Future Growth

How is Crown Holdings forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

11.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CCK's forecast earnings growth (11.3% per year) is above the savings rate (2%).

Earnings vs Market: CCK's earnings (11.3% per year) are forecast to grow slower than the US market (14.9% per year).

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

Revenue vs Market: CCK's revenue (3.7% per year) is forecast to grow slower than the US market (9.7% per year).

High Growth Revenue: CCK's revenue (3.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CCK's Return on Equity is forecast to be very high in 3 years time (42.2%).


Past Performance

How has Crown Holdings performed over the past 5 years?

6.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CCK has high quality earnings.

Growing Profit Margin: CCK's current net profit margins (5.8%) are higher than last year (4%).


Past Earnings Growth Analysis

Earnings Trend: CCK's earnings have grown by 6.4% per year over the past 5 years.

Accelerating Growth: CCK's earnings growth over the past year (77.7%) exceeds its 5-year average (6.4% per year).

Earnings vs Industry: CCK earnings growth over the past year (77.7%) exceeded the Packaging industry 41%.


Return on Equity

High ROE: Whilst CCK's Return on Equity (32.31%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Crown Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: CCK's short term assets ($7.1B) exceed its short term liabilities ($4.5B).

Long Term Liabilities: CCK's short term assets ($7.1B) do not cover its long term liabilities ($9.5B).


Debt to Equity History and Analysis

Debt Level: CCK's debt to equity ratio (295.5%) is considered high.

Reducing Debt: CCK's debt to equity ratio has reduced from 845.8% to 295.5% over the past 5 years.

Debt Coverage: CCK's debt is well covered by operating cash flow (21.4%).

Interest Coverage: CCK's interest payments on its debt are well covered by EBIT (5.5x coverage).


Balance Sheet


Dividend

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

0.74%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CCK's dividend (0.74%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: CCK's dividend (0.74%) is low compared to the top 25% of dividend payers in the US market (3.58%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether CCK's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if CCK's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (7.3%), CCK's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CCK's dividends in 3 years are forecast to be thoroughly covered by earnings (9.8% payout ratio).


Next Steps

Management

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

5.0yrs

Average management tenure


CEO

Tim Donahue (58 yo)

5.67yrs

Tenure

US$17,521,039

Compensation

Mr. Timothy J. Donahue, also known as Tim, has been the President of Crown Holdings Inc. since March 4, 2013 and serves as its Chief Executive Officer since January 1, 2016. Mr. Donahue served as Chief Fin...


CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD17.52M) is above average for companies of similar size in the US market ($USD11.33M).

Compensation vs Earnings: Tim's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: CCK's management team is seasoned and experienced (5 years average tenure).


Board Members

Experienced Board: CCK's board of directors are considered experienced (6.2 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: CCK insiders have sold more shares than they have bought 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

Crown Holdings, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Crown Holdings, Inc.
  • Ticker: CCK
  • Exchange: NYSE
  • Founded: 1892
  • Industry: Metal and Glass Containers
  • Sector: Materials
  • Market Cap: US$13.991b
  • Shares outstanding: 129.54m
  • Website: https://www.crowncork.com

Number of Employees


Location

  • Crown Holdings, Inc.
  • 770 Township Line Road
  • Yardley
  • Pennsylvania
  • 19067-4232
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 22:48
End of Day Share Price2021/09/16 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.