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GEF

GreifNYSE:GEF Stock Report

Market Cap

US$3.1b

7D

2.2%

1Y

76.5%

Updated

26 Sep, 2021

Data

Company Financials +
GEF fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance5/6
Financial Health3/6
Dividends5/6

GEF Overview

Greif, Inc. produces and sells industrial packaging products and services worldwide.

Greif Competitors

Ball

NYSE:BLL

US$30.1b

Berry Global Group

NYSE:BERY

US$8.4b

Silgan Holdings

NasdaqGS:SLGN

US$4.3b

O-I Glass

NYSE:OI

US$2.2b

Price History & Performance

Summary of all time highs, changes and price drops for Greif
Historical stock prices
Current Share PriceUS$63.44
52 Week HighUS$35.15
52 Week LowUS$68.81
Beta1.1
1 Month Change1.26%
3 Month Change5.10%
1 Year Change76.52%
3 Year Change18.23%
5 Year Change27.93%
Change since IPO475.09%

Recent News & Updates

Sep 25
Do Greif's (NYSE:GEF) Earnings Warrant Your Attention?

Do Greif's (NYSE:GEF) Earnings Warrant Your Attention?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Sep 12

Greif, Inc: An Attractive Opportunity For Value Investors

Greif, Inc. has a history of attractive growth and that trend continues even today. The business is also trading at a low price relative to the competition and on an absolute basis. For investors who want a quality prospect, this is a great candidate to consider.

Sep 04
Greif's (NYSE:GEF) Shareholders Will Receive A Bigger Dividend Than Last Year

Greif's (NYSE:GEF) Shareholders Will Receive A Bigger Dividend Than Last Year

Greif, Inc.'s ( NYSE:GEF ) dividend will be increasing to US$0.46 on 1st of October. This makes the dividend yield...

Aug 27
Greif (NYSE:GEF) Will Want To Turn Around Its Return Trends

Greif (NYSE:GEF) Will Want To Turn Around Its Return Trends

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...

Shareholder Returns

GEFUS PackagingUS Market
7D2.2%0.4%0.1%
1Y76.5%32.4%35.3%

Return vs Industry: GEF exceeded the US Packaging industry which returned 32.4% over the past year.

Return vs Market: GEF exceeded the US Market which returned 35.3% over the past year.

Price Volatility

Is GEF's price volatile compared to industry and market?
GEF volatility
GEF Beta1.1
Industry Beta0.95
Market Beta1

Stable Share Price: GEF is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

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

About the Company

FoundedEmployeesCEOWebsite
187716,000Pete Watsonhttps://www.greif.com

Greif, Inc. produces and sells industrial packaging products and services worldwide. It operates through four segments: Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services; and Land Management. The Rigid Industrial Packaging & Services segment offers rigid industrial packaging products, including steel, fiber, and plastic drums; rigid intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and services, such as container life cycle management, filling, logistics, warehousing, and other packaging services.

Greif Fundamentals Summary

How do Greif's earnings and revenue compare to its market cap?
GEF fundamental statistics
Market CapUS$3.08b
Earnings (TTM)US$330.60m
Revenue (TTM)US$5.14b

9.3x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GEF income statement (TTM)
RevenueUS$5.14b
Cost of RevenueUS$4.11b
Gross ProfitUS$1.03b
ExpensesUS$698.00m
EarningsUS$330.60m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)6.81
Gross Margin20.01%
Net Profit Margin6.43%
Debt/Equity Ratio149.2%

How did GEF perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

26%

Payout Ratio

Valuation

Is Greif 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: GEF ($63.44) is trading below our estimate of fair value ($247.82)

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


Price To Earnings Ratio

PE vs Industry: GEF is good value based on its PE Ratio (9.3x) compared to the US Packaging industry average (19.6x).

PE vs Market: GEF is good value based on its PE Ratio (9.3x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: GEF is poor value based on its PEG Ratio (2.5x)


Price to Book Ratio

PB vs Industry: GEF is good value based on its PB Ratio (2.1x) compared to the US Packaging industry average (3.3x).


Future Growth

How is Greif forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

3.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GEF's forecast earnings growth (3.8% per year) is above the savings rate (2%).

Earnings vs Market: GEF's earnings (3.8% per year) are forecast to grow slower than the US market (15% per year).

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

Revenue vs Market: GEF's revenue (6.5% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: GEF's revenue (6.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GEF's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Greif performed over the past 5 years?

15.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GEF has high quality earnings.

Growing Profit Margin: GEF's current net profit margins (6.4%) are higher than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: GEF's earnings have grown by 15.1% per year over the past 5 years.

Accelerating Growth: GEF's earnings growth over the past year (155.5%) exceeds its 5-year average (15.1% per year).

Earnings vs Industry: GEF earnings growth over the past year (155.5%) exceeded the Packaging industry 41%.


Return on Equity

High ROE: Whilst GEF's Return on Equity (23.02%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Greif's financial position?


Financial Position Analysis

Short Term Liabilities: GEF's short term assets ($1.6B) exceed its short term liabilities ($1.2B).

Long Term Liabilities: GEF's short term assets ($1.6B) do not cover its long term liabilities ($3.0B).


Debt to Equity History and Analysis

Debt Level: GEF's debt to equity ratio (149.2%) is considered high.

Reducing Debt: GEF's debt to equity ratio has increased from 113.7% to 149.2% over the past 5 years.

Debt Coverage: GEF's debt is well covered by operating cash flow (20.2%).

Interest Coverage: GEF's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


Dividend

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

2.90%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GEF's dividend (2.9%) is higher than the bottom 25% of dividend payers in the US market (1.33%).

High Dividend: GEF's dividend (2.9%) is low compared to the top 25% of dividend payers in the US market (3.6%).


Stability and Growth of Payments

Stable Dividend: GEF's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (26.1%), GEF's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: GEF's dividends in 3 years are forecast to be well covered by earnings (27.8% payout ratio).


Next Steps

Management

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

5.8yrs

Average management tenure


CEO

Pete Watson (64 yo)

5.83yrs

Tenure

US$5,522,464

Compensation

Mr. Peter G. Watson, also known as Pete, serves as Vice Chairman at OhioHealth Corporation since July 2021. Mr. Watson has been the Chief Executive Officer and President of Greif, Inc. since November 1, 20...


CEO Compensation Analysis

Compensation vs Market: Pete's total compensation ($USD5.52M) is about average for companies of similar size in the US market ($USD5.28M).

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


Leadership Team

Experienced Management: GEF's management team is seasoned and experienced (5.8 years average tenure).


Board Members

Experienced Board: GEF's board of directors are seasoned and experienced ( 14.7 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Greif, Inc.
  • Ticker: GEF
  • Exchange: NYSE
  • Founded: 1877
  • Industry: Metal and Glass Containers
  • Sector: Materials
  • Market Cap: US$3.077b
  • Shares outstanding: 48.56m
  • Website: https://www.greif.com

Number of Employees


Location

  • Greif, Inc.
  • 425 Winter Road
  • Delaware
  • Ohio
  • 43015
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/26 22:09
End of Day Share Price2021/09/24 00:00
Earnings2021/07/31
Annual Earnings2020/10/31


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.