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SEE

Sealed AirNYSE:SEE Stock Report

Last Price

US$67.70

Market Cap

US$10.0b

7D

3.0%

1Y

52.5%

Updated

16 Jan, 2022

Data

Company Financials +
SEE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health2/6
Dividends4/6

SEE Stock Overview

Sealed Air Corporation provides food safety and security, and product protection solutions and equipment in North America, South America, Europe, the Middle East, Africa, and the Asia Pacific.

Sealed Air Competitors

International Paper

NYSE:IP

US$19.2b

Avery Dennison

NYSE:AVY

US$17.3b

WestRock

NYSE:WRK

US$12.3b

Graphic Packaging Holding

NYSE:GPK

US$6.0b

Price History & Performance

Summary of all time highs, changes and price drops for Sealed Air
Historical stock prices
Current Share PriceUS$67.70
52 Week HighUS$68.54
52 Week LowUS$41.78
Beta1.3
1 Month Change4.75%
3 Month Change17.97%
1 Year Change52.48%
3 Year Change79.38%
5 Year Change40.25%
Change since IPO2,525.94%

Recent News & Updates

Jan 14
An Intrinsic Calculation For Sealed Air Corporation (NYSE:SEE) Suggests It's 50% Undervalued

An Intrinsic Calculation For Sealed Air Corporation (NYSE:SEE) Suggests It's 50% Undervalued

Does the January share price for Sealed Air Corporation ( NYSE:SEE ) reflect what it's really worth? Today, we will...

Jan 10

Sealed Air Corporation: Further Upside Exists

Sealed Air Corporation is a volatile play on packaging, but recent performance is encouraging. Shares of the business have risen significantly as of late, but they are still cheap relative to some of the peers out there. On the whole, the company does seem to offer additional upside from current levels.

Nov 24
At US$65.78, Is Sealed Air Corporation (NYSE:SEE) Worth Looking At Closely?

At US$65.78, Is Sealed Air Corporation (NYSE:SEE) Worth Looking At Closely?

While Sealed Air Corporation ( NYSE:SEE ) might not be the most widely known stock at the moment, it received a lot of...

Shareholder Returns

SEEUS PackagingUS Market
7D3.0%0.02%-0.5%
1Y52.5%7.1%13.7%

Return vs Industry: SEE exceeded the US Packaging industry which returned 7.1% over the past year.

Return vs Market: SEE exceeded the US Market which returned 13.7% over the past year.

Price Volatility

Is SEE's price volatile compared to industry and market?
SEE volatility
SEE Average Weekly Movement3.3%
Packaging Industry Average Movement3.8%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

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

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

About the Company

FoundedEmployeesCEOWebsite
196016,500Ted Dohenyhttps://www.sealedair.com

Sealed Air Corporation provides food safety and security, and product protection solutions and equipment in North America, South America, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Food and Protective. The Food segment offers integrated packaging materials and automation equipment solutions to provide food safety and shelf life extension, automate processes, and optimize total cost for perishable food processors in the fresh red meat, smoked and processed meats, poultry, seafood, plant-based, and dairy markets under the Cryovac, Cryovac Grip & Tear, Cryovac Darfresh, Cryovac Mirabella, Simple Steps, and Optidure brands.

Sealed Air Fundamentals Summary

How do Sealed Air's earnings and revenue compare to its market cap?
SEE fundamental statistics
Market CapUS$10.03b
Earnings (TTM)US$459.60m
Revenue (TTM)US$5.34b

21.8x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SEE income statement (TTM)
RevenueUS$5.34b
Cost of RevenueUS$3.71b
Gross ProfitUS$1.63b
ExpensesUS$1.17b
EarningsUS$459.60m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 17, 2022

Earnings per share (EPS)3.10
Gross Margin30.50%
Net Profit Margin8.60%
Debt/Equity Ratio2,954.2%

How did SEE perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

24%

Payout Ratio

Valuation

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

49.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SEE ($67.7) is trading below our estimate of fair value ($134.99)

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


Price To Earnings Ratio

PE vs Industry: SEE is good value based on its PE Ratio (21.8x) compared to the US Packaging industry average (22.7x).

PE vs Market: SEE is poor value based on its PE Ratio (21.8x) compared to the US market (17.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SEE is overvalued based on its PB Ratio (78.5x) compared to the US Packaging industry average (3.2x).


Future Growth

How is Sealed Air forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

12.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SEE's forecast earnings growth (12.9% per year) is above the savings rate (2%).

Earnings vs Market: SEE's earnings (12.9% per year) are forecast to grow slower than the US market (13% per year).

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

Revenue vs Market: SEE's revenue (3.5% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: SEE's revenue (3.5% 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 (151.1%).


Past Performance

How has Sealed Air performed over the past 5 years?

28.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SEE has high quality earnings.

Growing Profit Margin: SEE's current net profit margins (8.6%) are lower than last year (9.7%).


Past Earnings Growth Analysis

Earnings Trend: SEE's earnings have grown significantly by 28.2% per year over the past 5 years.

Accelerating Growth: SEE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SEE had negative earnings growth (-2.4%) over the past year, making it difficult to compare to the Packaging industry average (48.8%).


Return on Equity

High ROE: Whilst SEE's Return on Equity (359.98%) is outstanding, this metric is skewed due to their high level of debt.


Financial Health

How is Sealed Air's financial position?


Financial Position Analysis

Short Term Liabilities: SEE's short term assets ($2.0B) exceed its short term liabilities ($1.9B).

Long Term Liabilities: SEE's short term assets ($2.0B) do not cover its long term liabilities ($4.1B).


Debt to Equity History and Analysis

Debt Level: SEE's net debt to equity ratio (2645.9%) is considered high.

Reducing Debt: SEE's debt to equity ratio has increased from 841.3% to 2954.2% over the past 5 years.

Debt Coverage: SEE's debt is not well covered by operating cash flow (18.7%).

Interest Coverage: SEE's interest payments on its debt are well covered by EBIT (4.8x coverage).


Balance Sheet


Dividend

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

1.18%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SEE's dividend (1.18%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: SEE's dividend (1.18%) is low compared to the top 25% of dividend payers in the US market (3.44%).


Stability and Growth of Payments

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 low payout ratio (23.9%), 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 (16.6% payout ratio).


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Ted Doheny (59 yo)

4yrs

Tenure

US$11,764,199

Compensation

Mr. Edward L. Doheny II, also known as Ted, has been an Independent Director at Eastman Chemical Company since February 12, 2020. Mr. Doheny has been the Chief Executive Officer and President at Sealed Air...


CEO Compensation Analysis

Compensation vs Market: Ted's total compensation ($USD11.76M) is about average for companies of similar size in the US market ($USD11.18M).

Compensation vs Earnings: Ted's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: SEE's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: SEE's board of directors are considered experienced (3 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.


Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Sealed Air Corporation
  • Ticker: SEE
  • Exchange: NYSE
  • Founded: 1960
  • Industry: Paper Packaging
  • Sector: Materials
  • Implied Market Cap: US$10.030b
  • Shares outstanding: 148.16m
  • Website: https://www.sealedair.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/16 23:23
End of Day Share Price2022/01/14 00:00
Earnings2021/09/30
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.