company background image
PACK

Ranpak Holdings NYSE:PACK Stock Report

Last Price

US$6.20

Market Cap

US$508.2m

7D

0%

1Y

-79.5%

Updated

18 Aug, 2022

Data

Company Financials +
PACK fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

PACK Stock Overview

Ranpak Holdings Corp., together with its subsidiaries, provide product protection solutions for e-commerce and industrial supply chains in North America, Europe, and Asia.

Ranpak Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ranpak Holdings
Historical stock prices
Current Share PriceUS$6.20
52 Week HighUS$42.97
52 Week LowUS$4.72
Beta1.37
1 Month Change-1.43%
3 Month Change-47.14%
1 Year Change-79.55%
3 Year Change18.55%
5 Year Changen/a
Change since IPO-35.08%

Recent News & Updates

Shareholder Returns

PACKUS PackagingUS Market
7D0%2.3%1.4%
1Y-79.5%-12.7%-8.4%

Return vs Industry: PACK underperformed the US Packaging industry which returned -12.5% over the past year.

Return vs Market: PACK underperformed the US Market which returned -9% over the past year.

Price Volatility

Is PACK's price volatile compared to industry and market?
PACK volatility
PACK Average Weekly Movement13.5%
Packaging Industry Average Movement4.8%
Market Average Movement7.6%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market3.1%

Stable Share Price: PACK is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: PACK's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
1972875Omar Asalihttps://www.ranpak.com

Ranpak Holdings Corp., together with its subsidiaries, provide product protection solutions for e-commerce and industrial supply chains in North America, Europe, and Asia. The company offers protective packaging solutions, such as void-fill protective systems that convert paper to fill empty spaces in secondary packages and protect objects under the FillPak brand; cushioning protective systems, which convert paper into cushioning pads under the PadPak brand; and wrapping protective systems that create pads or paper mesh to wrap and protect fragile items, as well as to line boxes and provide separation when shipping various objects under the WrapPak, Geami, and ReadyRoll brands. The company’s products also include line automation products, which help end users automate the void filling and box closure processes after product packing is complete.

Ranpak Holdings Fundamentals Summary

How do Ranpak Holdings's earnings and revenue compare to its market cap?
PACK fundamental statistics
Market CapUS$508.24m
Earnings (TTM)-US$29.30m
Revenue (TTM)US$375.50m

1.4x

P/S Ratio

-17.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PACK income statement (TTM)
RevenueUS$375.50m
Cost of RevenueUS$245.70m
Gross ProfitUS$129.80m
Other ExpensesUS$159.10m
Earnings-US$29.30m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.36
Gross Margin34.57%
Net Profit Margin-7.80%
Debt/Equity Ratio62.6%

How did PACK perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is PACK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PACK?

Other financial metrics that can be useful for relative valuation.

PACK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.2x
Enterprise Value/EBITDA14.2x
PEG Ration/a

Price to Sales Ratio vs Peers

How does PACK's PS Ratio compare to its peers?

PACK PS Ratio vs Peers
The above table shows the PS ratio for PACK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.9x
PTVE Pactiv Evergreen
0.4x2.1%US$2.2b
SON Sonoco Products
1x2.0%US$6.4b
GPK Graphic Packaging Holding
0.9x2.6%US$7.3b
SEE Sealed Air
1.5x3.5%US$8.5b
PACK Ranpak Holdings
1.4x5.4%US$508.2m

Price-To-Sales vs Peers: PACK is expensive based on its Price-To-Sales Ratio (1.4x) compared to the peer average (0.9x).


Price to Earnings Ratio vs Industry

How does PACK's PE Ratio compare vs other companies in the US Packaging Industry?

Price-To-Sales vs Industry: PACK is expensive based on its Price-To-Sales Ratio (1.4x) compared to the US Packaging industry average (0.9x)


Price to Sales Ratio vs Fair Ratio

What is PACK's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PACK PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.4x
Fair PS Ratio1.3x

Price-To-Sales vs Fair Ratio: PACK is expensive based on its Price-To-Sales Ratio (1.4x) compared to the estimated Fair Price-To-Sales Ratio (1.3x).


Share Price vs Fair Value

What is the Fair Price of PACK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PACK ($6.2) is trading below our estimate of fair value ($7.44)

Significantly Below Fair Value: PACK is trading below fair value, but not by a significant amount.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


Discover undervalued companies

Future Growth

How is Ranpak Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


19.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PACK is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PACK is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PACK is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: PACK's revenue (5.4% per year) is forecast to grow slower than the US market (7.8% per year).

High Growth Revenue: PACK's revenue (5.4% 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 PACK's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Ranpak Holdings performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-31.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PACK is currently unprofitable.

Growing Profit Margin: PACK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PACK is unprofitable, and losses have increased over the past 5 years at a rate of 31.4% per year.

Accelerating Growth: Unable to compare PACK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PACK is unprofitable, making it difficult to compare its past year earnings growth to the Packaging industry (10%).


Return on Equity

High ROE: PACK has a negative Return on Equity (-4.73%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Ranpak Holdings's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: PACK's short term assets ($171.4M) exceed its short term liabilities ($53.6M).

Long Term Liabilities: PACK's short term assets ($171.4M) do not cover its long term liabilities ($491.4M).


Debt to Equity History and Analysis

Debt Level: PACK's net debt to equity ratio (52.6%) is considered high.

Reducing Debt: Insufficient data to determine if PACK's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: PACK has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if PACK has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Discover healthy companies

Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate PACK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PACK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PACK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PACK's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PACK has not reported any payouts.


Discover strong dividend paying companies

Management

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

2.6yrs

Average management tenure


CEO

Omar Asali (52 yo)

3yrs

Tenure

US$23,354,484

Compensation

Mr. Omar Marwan Asali is a Founder of Ranpak Holdings Corp. and has been its Chairman since June 2019 and serves as its Director since 2019. Mr. Asali serves as a Director of Pickle Robot Company. He serve...


Leadership Team

Experienced Management: PACK's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: PACK's board of directors are considered experienced (3.2 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: PACK 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

Ranpak Holdings Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Ranpak Holdings Corp.
  • Ticker: PACK
  • Exchange: NYSE
  • Founded: 1972
  • Industry: Paper Packaging
  • Sector: Materials
  • Implied Market Cap: US$508.237m
  • Shares outstanding: 81.97m
  • Website: https://www.ranpak.com

Number of Employees


Location

  • Ranpak Holdings Corp.
  • 7990 Auburn Road
  • Concord Township
  • Ohio
  • 44077
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/18 00:00
End of Day Share Price2022/08/18 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.