NYSE:SEE

Stock Analysis Report

Executive Summary

Sealed Air Corporation provides food safety and security, and product protection solutions worldwide.

Snowflake

Fundamentals

Established dividend payer with moderate growth potential.


Similar Companies

Share Price & News

How has Sealed Air's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.1%

SEE

2.6%

US Packaging

0.07%

US Market


1 Year Return

33.9%

SEE

18.6%

US Packaging

8.9%

US Market

Return vs Industry: SEE exceeded the US Packaging industry which returned 18.6% over the past year.

Return vs Market: SEE exceeded the US Market which returned 8.9% over the past year.


Shareholder returns

SEEIndustryMarket
7 Day3.1%2.6%0.07%
30 Day1.1%2.4%-0.3%
90 Day-4.9%-2.4%-1.6%
1 Year36.1%33.9%21.5%18.6%11.3%8.9%
3 Year2.8%-1.7%27.1%19.1%46.3%36.8%
5 Year32.0%23.2%47.5%30.2%62.1%44.3%

Price Volatility Vs. Market

How volatile is Sealed Air's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Sealed Air undervalued compared to its fair value and its price relative to the market?

22.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SEE ($41.73) is trading below our estimate of fair value ($53.87)

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


Price To Earnings Ratio

PE vs Industry: SEE is poor value based on its PE Ratio (17.8x) compared to the Packaging industry average (17.6x).

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


Price to Earnings Growth Ratio

PEG Ratio: SEE is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: SEE has negative assets, so we can't compare its PB Ratio to the US Packaging industry average.


Next Steps

Future Growth

How is Sealed Air forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

18.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SEE's forecast earnings growth (18.3% per year) is above the savings rate (2.7%).

Earnings vs Market: SEE's earnings (18.3% per year) are forecast to grow faster than the US market (14.5% per year).

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

Revenue vs Market: SEE's revenue (3.4% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: SEE's revenue (3.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SEE's Return on Equity is forecast to be very high in 3 years time (361%).


Next Steps

Past Performance

How has Sealed Air performed over the past 5 years?

-9.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SEE's earnings have declined by -9.2% per year over the past 5 years.

Accelerating Growth: SEE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SEE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Packaging industry (-1.4%).


Return on Equity

High ROE: SEE's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets

ROA vs Industry: SEE has a higher Return on Assets than the Packaging industry average last year.


Return on Capital Employed

ROCE Improving: SEE has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Sealed Air's financial position?


Financial Position Analysis

Short Term Liabilities: SEE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: SEE has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: SEE has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: SEE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: SEE's debt is not well covered by operating cash flow (16.1%).

Interest Coverage: SEE's interest payments on its debt are well covered by EBIT (3.9x coverage).


Balance Sheet

Inventory Level: SEE has a high level of physical assets or inventory.

Debt Coverage by Assets: SEE has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Next Steps

Dividend

What is Sealed Air's current dividend yield, its reliability and sustainability?

1.53%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Sealed Air before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company1.5%marketbottom25%1.4%markettop25%3.7%industryaverage2.6%forecastin3Years1.6%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: SEE's dividend (1.53%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: SEE's dividend (1.53%) is low compared to the top 25% of dividend payers in the US market (3.68%).

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (27.3%), SEE's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SEE's dividends in 3 years are forecast to be well covered by earnings (18.6% payout ratio).


Next Steps

Management

What is the CEO of Sealed Air's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average management tenure


CEO

Ted Doheny (57yo)

1.8yrs

Tenure

US$8,934,227

Compensation

Mr. Edward L. Doheny II, also known as Ted, has been Chief Executive Officer and President at Sealed Air Corp. since January 1, 2018. Mr. Doheny was Chief Operating Officer of Sealed Air Corporation since  ...


CEO Compensation Analysis

Compensation vs. Market: Ted has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.

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


Management Age and Tenure

1.8yrs

Average Tenure

55.5yo

Average Age

Experienced Management: SEE's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Age and Tenure

2.4yrs

Average Tenure

61yo

Average Age

Experienced Board: SEE's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$225,00003 May 19
Edward Doheny
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares5,000
Max PriceUS$45.00
BuyUS$42,32620 Feb 19
Harry Lawton
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,000
Max PriceUS$42.33
BuyUS$167,00118 Dec 18
Emile Chammas
EntityIndividual
Role
Senior Key Executive
Senior VP
Shares5,000
Max PriceUS$33.40
BuyUS$253,12517 Dec 18
Edward Doheny
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares7,500
Max PriceUS$33.75

Ownership Breakdown


Management Team

  • Jim Sullivan (59yo)

    Senior VP & CFO

    • Tenure: 0.3yrs
  • Lori Chaitman

    Vice President of Investor Relations

    • Tenure: 0yrs
  • Ted Doheny (57yo)

    CEO, President & Director

    • Tenure: 1.8yrs
    • Compensation: US$8.93m
  • Karl Deily (61yo)

    Senior VP & President of Food Care

    • Tenure: 0yrs
    • Compensation: US$2.10m
  • Jim Whaley

    Vice President of Corporate Communications

    • Tenure: 5.9yrs
  • Emile Chammas (50yo)

    Senior VP

    • Tenure: 8.8yrs
    • Compensation: US$2.12m
  • Marc Hamer

    Chief Information Officer

    • Tenure: 2.9yrs
  • Ken Chrisman (54yo)

    Senior VP & Division President of Product Care

    • Tenure: 0yrs
    • Compensation: US$1.71m
  • Michael Leon (38yo)

    Chief Accounting Officer & Controller

    • Tenure: 1.3yrs
  • Angel Willis

    VP, General Counsel & Secretary

    • Tenure: 0.8yrs

Board Members

  • Jackie Kosecoff (70yo)

    Independent Director

    • Tenure: 14.4yrs
    • Compensation: US$232.53k
  • Pat Duff (61yo)

    Independent Director

    • Tenure: 9.4yrs
    • Compensation: US$230.04k
  • Michael Chu (71yo)

    Independent Director

    • Tenure: 17.8yrs
    • Compensation: US$215.03k
  • Jerry Whitaker (68yo)

    Independent Chairman of the Board

    • Tenure: 1.4yrs
    • Compensation: US$344.29k
  • Ted Doheny (57yo)

    CEO, President & Director

    • Tenure: 1.8yrs
    • Compensation: US$8.93m
  • Henry Keizer (62yo)

    Independent Director

    • Tenure: 2.4yrs
    • Compensation: US$226.28k
  • Neil Lustig (58yo)

    Independent Director

    • Tenure: 4.4yrs
    • Compensation: US$222.53k
  • Françoise Colpron (48yo)

    Independent Director

    • Tenure: 0.4yrs
  • Hal Lawton (45yo)

    Independent Director

    • Tenure: 0.8yrs

Company Information

Sealed Air Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sealed Air Corporation
  • Ticker: SEE
  • Exchange: NYSE
  • Founded: 1960
  • Industry: Paper Packaging
  • Sector: Materials
  • Market Cap: US$6.448b
  • Shares outstanding: 154.53m
  • Website: https://www.sealedair.com

Number of Employees


Location

  • Sealed Air Corporation
  • 2415 Cascade Pointe Boulevard
  • Charlotte
  • North Carolina
  • 28208
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SEENYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1969
SDADB (Deutsche Boerse AG)YesCommon StockDEEURJan 1969
0L4FLSE (London Stock Exchange)YesCommon StockGBUSDJan 1969

Biography

Sealed Air Corporation provides food safety and security, and product protection solutions worldwide. It operates in two segments, Food Care and Product Care. The Food Care segment offers integrated packag ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 23:42
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.