Graphic Packaging Holding
Market Cap
US$4.2b
Last Updated
2020/11/26 01:02 UTC
Data Sources
Company Financials +
Executive Summary
Graphic Packaging Holding Company, together with its subsidiaries, provides paper-based packaging solutions to food, beverage, foodservice, and other consumer products companies. More Details
Rewards
Risk Analysis
Snowflake Analysis
Good value with reasonable growth potential.
Similar Companies
Share Price & News
How has Graphic Packaging Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GPK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: GPK's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-0.1%
GPK
1.1%
US Packaging
2.8%
US Market
1 Year Return
-5.2%
GPK
18.6%
US Packaging
19.7%
US Market
Return vs Industry: GPK underperformed the US Packaging industry which returned 18.6% over the past year.
Return vs Market: GPK underperformed the US Market which returned 19.7% over the past year.
Shareholder returns
| GPK | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.1% | 1.1% | 2.8% |
| 30 Day | 11.0% | 10.0% | 8.0% |
| 90 Day | 7.8% | 22.9% | 6.8% |
| 1 Year | -3.2%-5.2% | 21.4%18.6% | 22.4%19.7% |
| 3 Year | 9.3%2.4% | 31.9%22.6% | 47.3%37.5% |
| 5 Year | 27.0%14.5% | 85.4%62.8% | 93.6%72.3% |
Long-Term Price Volatility Vs. Market
How volatile is Graphic Packaging Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Should Graphic Packaging Holding Company (NYSE:GPK) Focus On Improving This Fundamental Metric?1 week ago | Simply Wall St
How Much Are Graphic Packaging Holding Company (NYSE:GPK) Insiders Taking Off The Table?3 weeks ago | Simply Wall St
Does Graphic Packaging Holding (NYSE:GPK) Have A Healthy Balance Sheet?Valuation
Is Graphic Packaging Holding 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: GPK ($15.51) is trading below our estimate of fair value ($50.49)
Significantly Below Fair Value: GPK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GPK is poor value based on its PE Ratio (32.4x) compared to the US Packaging industry average (23.5x).
PE vs Market: GPK is poor value based on its PE Ratio (32.4x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: GPK is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: GPK is good value based on its PB Ratio (3x) compared to the US Packaging industry average (3.2x).
Next Steps
Future Growth
How is Graphic Packaging Holding forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
37.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GPK's forecast earnings growth (37.9% per year) is above the savings rate (2.2%).
Earnings vs Market: GPK's earnings (37.9% per year) are forecast to grow faster than the US market (22% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GPK's revenue (1.6% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: GPK's revenue (1.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GPK's Return on Equity is forecast to be high in 3 years time (29%)
Next Steps
Past Performance
How has Graphic Packaging Holding performed over the past 5 years?
-4.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GPK has a large one-off loss of $87.2M impacting its September 30 2020 financial results.
Growing Profit Margin: GPK's current net profit margins (2.1%) are lower than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: GPK's earnings have declined by 4.9% per year over the past 5 years.
Accelerating Growth: GPK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GPK had negative earnings growth (-38.5%) over the past year, making it difficult to compare to the Packaging industry average (-8.9%).
Return on Equity
High ROE: GPK's Return on Equity (9.3%) is considered low.
Next Steps
Financial Health
How is Graphic Packaging Holding's financial position?
Financial Position Analysis
Short Term Liabilities: GPK's short term assets ($2.0B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: GPK's short term assets ($2.0B) do not cover its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: GPK's debt to equity ratio (190.4%) is considered high.
Reducing Debt: GPK's debt to equity ratio has increased from 180.1% to 190.4% over the past 5 years.
Debt Coverage: GPK's debt is well covered by operating cash flow (21.6%).
Interest Coverage: GPK's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Graphic Packaging Holding current dividend yield, its reliability and sustainability?
1.93%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: GPK's dividend (1.93%) is higher than the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: GPK's dividend (1.93%) is low compared to the top 25% of dividend payers in the US market (4.05%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, GPK has been paying a dividend for less than 10 years.
Growing Dividend: GPK's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (62.6%), GPK's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GPK's dividends in 3 years are forecast to be well covered by earnings (23.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Mike Doss (54 yo)
4.83yrs
Tenure
US$9,154,192
Compensation
Mr. Michael P. Doss, also known as Mike, has been an Independent Director of Sealed Air Corporation since May 21, 2020. Mr. Doss has been the Chief Executive Officer and President of Graphic Packaging Hold...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD9.15M) is above average for companies of similar size in the US market ($USD5.15M).
Compensation vs Earnings: Mike's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.83yrs | US$9.15m | 0.41% $ 17.3m | |
| Executive VP & CFO | 5.83yrs | US$3.23m | 0.13% $ 5.4m | |
| Executive VP | 6.75yrs | US$1.94m | 0.034% $ 1.4m | |
| Executive Vice President of Human Resources | 1.58yrs | US$2.15m | 0.0044% $ 184.4k | |
| Executive VP & President of Americas | 11.83yrs | US$2.66m | 0.045% $ 1.9m | |
| Senior VP & Chief Accounting Officer | no data | no data | 0.0024% $ 102.1k | |
| Vice President of Investor Relations | 1.83yrs | no data | no data | |
| Executive Vice President of Mills Division | 2.83yrs | no data | 0.0037% $ 155.4k | |
| Head & VP of Finance at FP&A | 1.25yrs | no data | no data | |
| Senior Vice President of Supply Chain | 2.25yrs | no data | no data | |
| VP & Treasurer | 10.75yrs | no data | no data | |
| Senior VP & President of EMEA of Graphic Packaging International LLC | 0.67yr | no data | 0.0051% $ 214.2k |
2.8yrs
Average Tenure
53yo
Average Age
Experienced Management: GPK's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.83yrs | US$9.15m | 0.41% $ 17.3m | |
| Independent Director | 1.83yrs | US$215.82k | 0.0067% $ 283.1k | |
| Independent Director | 2.33yrs | US$218.29k | 0.0067% $ 283.1k | |
| Independent Director | 6.5yrs | US$237.54k | 0.031% $ 1.3m | |
| Independent Chairman | 4.5yrs | US$368.29k | 0.021% $ 877.3k | |
| Independent Director | 8.75yrs | US$218.29k | 0.032% $ 1.3m | |
| Independent Director | 11yrs | US$242.52k | 0.042% $ 1.8m | |
| Independent Director | 6.17yrs | US$218.29k | 0.018% $ 744.6k | |
| Independent Director | 4.5yrs | US$218.29k | 0.028% $ 1.2m |
5.5yrs
Average Tenure
63yo
Average Age
Experienced Board: GPK's board of directors are considered experienced (5.5 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
Graphic Packaging Holding Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Graphic Packaging Holding Company
- Ticker: GPK
- Exchange: NYSE
- Founded:
- Industry: Paper Packaging
- Sector: Materials
- Market Cap: US$4.200b
- Shares outstanding: 270.78m
- Website: https://www.graphicpkg.com
Number of Employees
Location
- Graphic Packaging Holding Company
- 1500 Riveredge Parkway
- Suite 100
- Atlanta
- Georgia
- 30328
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GPK | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Aug 2003 |
| 4W8 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Aug 2003 |
Biography
Graphic Packaging Holding Company, together with its subsidiaries, provides paper-based packaging solutions to food, beverage, foodservice, and other consumer products companies. It operates through three ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/26 01:02 |
| End of Day Share Price | 2020/11/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.