Sealed Air
Sealed Air Corporation provides food safety and security, and product protection solutions worldwide. The last earnings update was 29 days ago. More info.
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- Sealed Air has significant price volatility in the past 3 months.
SEE Share Price and Events
7 Day Returns
1 Year Returns
SEE Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Sealed Air (SEE) | -0.6% | 6.8% | 31% | 4.9% | -5.7% | 44% |
| US Packaging | 0.2% | 2.2% | 16.2% | -2.7% | 27.7% | 29.4% |
| US Market | 1.2% | 2.1% | 14.6% | 3% | 39% | 43.5% |
1 Year Return vs Industry and Market
- SEE outperformed the Packaging industry which returned -2.7% over the past year.
- SEE outperformed the Market in United States of America which returned 3% over the past year.
SEE Value
Is Sealed Air undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Sealed Air
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Sealed Air.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 14 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 9.7% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Packaging Unlevered Beta | Simply Wall St/ S&P Global | 0.9 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.898 (1 + (1- 21%) (49.6%)) |
1.167 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.17 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.167 * 5.96%) |
9.69% |
Discounted Cash Flow Calculation for NYSE:SEE using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Sealed Air is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 9.69%) |
|
|---|---|---|---|
| 2019 | 258.98 | Analyst x6 | 236.11 |
| 2020 | 347.11 | Analyst x7 | 288.50 |
| 2021 | 392.32 | Est @ 13.02% | 297.28 |
| 2022 | 431.30 | Est @ 9.94% | 297.95 |
| 2023 | 464.83 | Est @ 7.77% | 292.75 |
| 2024 | 493.93 | Est @ 6.26% | 283.60 |
| 2025 | 519.63 | Est @ 5.2% | 272.00 |
| 2026 | 542.80 | Est @ 4.46% | 259.04 |
| 2027 | 564.20 | Est @ 3.94% | 245.47 |
| 2028 | 584.38 | Est @ 3.58% | 231.79 |
| Present value of next 10 years cash flows | $2,704.49 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $584.38 × (1 + 2.73%) ÷ (9.69% – 2.73%) |
$8,627.77 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $8,627.77 ÷ (1 + 9.69%)10 |
$3,422.16 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $2,704.49 + $3,422.16 |
$6,126.66 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $6,126.66 / 155.63 |
$39.37 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $39.37 |
| Current discount | Discount to share price of
$45.01
= -1 x ($45.01 - $39.37) / $39.37 |
-14.3% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Sealed Air is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Sealed Air's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Sealed Air's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $0.94 |
| NYSE:SEE Share Price ** | NYSE (2019-03-20) in USD | $45.01 |
| United States of America Packaging Industry PE Ratio | Median Figure of 15 Publicly-Listed Packaging Companies | 17.6x |
| United States of America Market PE Ratio | Median Figure of 3,058 Publicly-Listed Companies | 17.69x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Sealed Air.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:SEE Share Price ÷ EPS (both in USD) = 45.01 ÷ 0.94 |
48.02x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Sealed Air is overvalued based on earnings compared to the US Packaging industry average.
- Sealed Air is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Sealed Air's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 48.02x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts |
40.9%per year |
| United States of America Packaging Industry PEG Ratio | Median Figure of 14 Publicly-Listed Packaging Companies | 1.72x |
| United States of America Market PEG Ratio | Median Figure of 2,103 Publicly-Listed Companies | 1.48x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 48.02x ÷ 40.9% |
1.17x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Sealed Air is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Sealed Air's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $-2.24 |
| NYSE:SEE Share Price * | NYSE (2019-03-20) in USD | $45.01 |
| United States of America Packaging Industry PB Ratio | Median Figure of 19 Publicly-Listed Packaging Companies | 3.64x |
| United States of America Market PB Ratio | Median Figure of 5,156 Publicly-Listed Companies | 1.89x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:SEE Share Price ÷ Book Value per Share (both in USD) = 45.01 ÷ -2.24 |
-20.1x |
* Primary Listing of Sealed Air.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Sealed Air has negative assets, we can't compare the value of its assets to the US Packaging industry average.
Value checks
We assess Sealed Air's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Packaging industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Packaging industry average (and greater than 0)? (1 check) Sealed Air has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
SEE Future Performance
How is Sealed Air expected to perform in the next 1 to 3 years based on estimates from 14 analysts?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Sealed Air's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Sealed Air's earnings growth is expected to exceed the United States of America market average.
- Sealed Air's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:SEE Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts | 40.9% |
| NYSE:SEE Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 14 Analysts | 3% |
| United States of America Packaging Industry Earnings Growth Rate | Market Cap Weighted Average | 14.6% |
| United States of America Packaging Industry Revenue Growth Rate | Market Cap Weighted Average | 2.6% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 14 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 5,551 | 2 | ||
| 2022-12-31 | 5,364 | 2 | ||
| 2021-12-31 | 5,145 | 630 | 5 | |
| 2020-12-31 | 4,961 | 545 | 450 | 14 |
| 2019-12-31 | 4,818 | 433 | 404 | 13 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 4,733 | 428 | 149 |
| 2018-09-30 | 4,700 | 242 | -24 |
| 2018-06-30 | 4,645 | 320 | -42 |
| 2018-03-31 | 4,560 | 374 | -96 |
| 2017-12-31 | 4,462 | 424 | 58 |
| 2017-09-30 | 4,335 | 771 | 183 |
| 2017-06-30 | 4,269 | 861 | 189 |
| 2017-03-31 | 4,238 | 909 | 161 |
| 2016-12-31 | 4,211 | 907 | 289 |
| 2016-09-30 | 4,864 | 750 | 262 |
| 2016-06-30 | 5,545 | 713 | 284 |
| 2016-03-31 | 6,291 | 672 | 311 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 14 Analyst Estimates (S&P Global) | See Below |
All data from Sealed Air Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | ||||
| 2022-12-31 | ||||
| 2021-12-31 | ||||
| 2020-12-31 | 2.99 | 3.48 | 2.40 | 6.00 |
| 2019-12-31 | 2.60 | 2.75 | 2.10 | 5.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | 0.94 |
| 2018-09-30 | -0.15 |
| 2018-06-30 | -0.25 |
| 2018-03-31 | -0.53 |
| 2017-12-31 | 0.31 |
| 2017-09-30 | 0.95 |
| 2017-06-30 | 0.98 |
| 2017-03-31 | 0.83 |
| 2016-12-31 | 1.49 |
| 2016-09-30 | 1.34 |
| 2016-06-30 | 1.44 |
| 2016-03-31 | 1.55 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Sealed Air's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Sealed Air has a total score of 4/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
SEE Past Performance
How has Sealed Air performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Sealed Air's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
- Sealed Air's 1-year earnings growth exceeds its 5-year average (158% vs -19.5%)
- Sealed Air's earnings growth has exceeded the US Packaging industry average in the past year (158% vs 7.6%).
Earnings and Revenue History
All data from Sealed Air Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 4,732.70 | 149.40 | 757.50 | |
| 2018-09-30 | 4,700.20 | -24.10 | 803.20 | |
| 2018-06-30 | 4,645.30 | -42.20 | 800.00 | |
| 2018-03-31 | 4,560.40 | -96.10 | 792.60 | |
| 2017-12-31 | 4,461.60 | 57.90 | 730.30 | |
| 2017-09-30 | 4,335.20 | 182.50 | 733.70 | |
| 2017-06-30 | 4,269.00 | 188.60 | 738.30 | |
| 2017-03-31 | 4,237.60 | 160.90 | 768.00 | |
| 2016-12-31 | 4,211.30 | 288.90 | 756.70 | |
| 2016-09-30 | 4,863.80 | 261.70 | 978.70 | |
| 2016-06-30 | 5,544.90 | 284.20 | 1,190.50 | |
| 2016-03-31 | 6,291.00 | 310.80 | 1,410.10 | |
| 2015-12-31 | 4,410.30 | 156.60 | 778.00 | |
| 2015-09-30 | 7,251.30 | 276.20 | 1,699.00 | |
| 2015-06-30 | 7,480.60 | 250.60 | 1,773.10 | |
| 2015-03-31 | 7,669.20 | 282.60 | 1,809.20 | |
| 2014-12-31 | 7,750.50 | 256.50 | 1,835.40 | |
| 2014-09-30 | 7,789.30 | 195.70 | 1,803.40 | |
| 2014-06-30 | 7,725.80 | 170.20 | 1,764.30 | |
| 2014-03-31 | 7,689.60 | 164.50 | 1,758.10 | |
| 2013-12-31 | 7,690.80 | 94.60 | 1,774.20 | |
| 2013-09-30 | 7,567.20 | -261.10 | 1,761.90 | |
| 2013-06-30 | 7,555.50 | -1,534.50 | 1,754.70 | |
| 2013-03-31 | 7,542.70 | -1,609.30 | 1,766.00 | |
| 2012-12-31 | 7,559.20 | -1,619.50 | 1,752.90 | |
| 2012-09-30 | 7,633.00 | -1,327.30 | 1,799.90 | |
| 2012-06-30 | 6,979.80 | -15.50 | 1,555.40 | |
| 2012-03-31 | 6,267.80 | 69.80 | 1,283.40 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if Sealed Air has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
- Sealed Air used its assets less efficiently than the US Packaging industry average last year based on Return on Assets.
- Sealed Air has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Sealed Air's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Packaging industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Sealed Air has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
SEE Health
How is Sealed Air's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Sealed Air's finances.
The net worth of a company is the difference between its assets and liabilities.
- Sealed Air is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Sealed Air's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Sealed Air has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Sealed Air Company Filings, last reported 2 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | -348.60 | 3,474.20 | 271.70 |
| 2018-09-30 | -445.70 | 3,555.90 | 191.30 |
| 2018-06-30 | -372.40 | 3,335.70 | 180.10 |
| 2018-03-31 | -364.80 | 3,405.20 | 326.90 |
| 2017-12-31 | 152.30 | 3,258.00 | 594.00 |
| 2017-09-30 | 760.60 | 3,305.40 | 1,304.70 |
| 2017-06-30 | 339.50 | 4,445.60 | 243.00 |
| 2017-03-31 | 594.80 | 4,156.10 | 258.40 |
| 2016-12-31 | 609.70 | 4,142.60 | 333.70 |
| 2016-09-30 | 552.80 | 4,661.50 | 332.80 |
| 2016-06-30 | 587.00 | 4,616.70 | 297.50 |
| 2016-03-31 | 561.10 | 4,694.70 | 315.70 |
| 2015-12-31 | 527.10 | 4,561.60 | 351.70 |
| 2015-09-30 | 442.00 | 4,650.10 | 334.30 |
| 2015-06-30 | 1,074.70 | 4,463.30 | 569.20 |
| 2015-03-31 | 1,149.70 | 4,348.30 | 536.30 |
| 2014-12-31 | 1,162.80 | 4,426.30 | 286.40 |
| 2014-09-30 | 1,327.30 | 4,616.00 | 420.70 |
| 2014-06-30 | 1,415.60 | 4,768.70 | 356.50 |
| 2014-03-31 | 1,480.40 | 4,806.10 | 413.10 |
| 2013-12-31 | 1,416.30 | 4,399.50 | 992.40 |
| 2013-09-30 | 1,416.00 | 4,590.40 | 776.70 |
| 2013-06-30 | 1,373.30 | 4,581.60 | 640.10 |
| 2013-03-31 | 1,426.00 | 4,607.90 | 625.80 |
| 2012-12-31 | 1,444.30 | 4,581.80 | 679.60 |
| 2012-09-30 | 1,700.50 | 4,937.30 | 540.80 |
| 2012-06-30 | 2,862.10 | 4,987.00 | 503.90 |
| 2012-03-31 | 3,042.10 | 5,024.20 | 538.20 |
- Sealed Air has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
- Irrelevant to check if Sealed Air's debt level has increased considering it has negative shareholder equity.
- Debt is not well covered by operating cash flow (12.3%, less than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 4.1x coverage).
Financial health checks
We assess Sealed Air's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Sealed Air has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
SEE Dividends
What is Sealed Air's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Sealed Air
shares you are expected to receive
$28
in your first year as a dividend.
Dividend Amount
- Sealed Air's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
- Sealed Air's dividend is below the markets top 25% of dividend payers in United States of America (3.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 14 Analyst Estimates (S&P Global) | See Below |
| United States of America Packaging Industry Average Dividend Yield | Market Cap Weighted Average of 13 Stocks | 2.6% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2004 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | ||
| 2021-12-31 | 0.75 | 3.00 |
| 2020-12-31 | 0.70 | 7.00 |
| 2019-12-31 | 0.66 | 7.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-14 | 0.640 | 1.451 |
| 2018-10-04 | 0.640 | 1.790 |
| 2018-07-13 | 0.640 | 1.561 |
| 2018-05-17 | 0.640 | 1.464 |
| 2018-02-14 | 0.640 | 1.474 |
| 2017-10-05 | 0.640 | 1.381 |
| 2017-07-07 | 0.640 | 1.448 |
| 2017-05-18 | 0.640 | 1.434 |
| 2017-02-15 | 0.640 | 1.434 |
| 2016-10-06 | 0.640 | 1.370 |
| 2016-07-07 | 0.640 | 1.363 |
| 2016-03-21 | 0.640 | 1.344 |
| 2016-02-17 | 0.520 | 1.137 |
| 2015-10-08 | 0.520 | 1.175 |
| 2015-07-09 | 0.520 | 1.016 |
| 2015-05-14 | 0.520 | 1.032 |
| 2015-02-17 | 0.520 | 1.127 |
| 2014-10-17 | 0.520 | 1.308 |
| 2014-07-10 | 0.520 | 1.518 |
| 2014-05-22 | 0.520 | 1.549 |
| 2014-02-18 | 0.520 | 1.589 |
| 2013-10-10 | 0.520 | 1.660 |
| 2013-07-11 | 0.520 | 1.830 |
| 2013-04-11 | 0.520 | 2.220 |
| 2013-02-14 | 0.520 | 2.314 |
| 2012-10-11 | 0.520 | 3.009 |
| 2012-07-12 | 0.520 | 3.491 |
| 2012-04-19 | 0.520 | 3.161 |
| 2012-02-16 | 0.520 | 2.656 |
| 2011-10-13 | 0.520 | 2.885 |
| 2011-07-14 | 0.520 | 2.793 |
| 2011-02-17 | 0.520 | 2.062 |
| 2010-10-14 | 0.520 | 2.086 |
| 2010-07-27 | 0.520 | 2.367 |
| 2010-04-13 | 0.480 | 2.257 |
| 2010-02-18 | 0.480 | 2.277 |
| 2009-10-22 | 0.480 | 2.271 |
| 2009-07-23 | 0.480 | 2.473 |
| 2009-04-16 | 0.480 | 2.543 |
| 2009-03-23 | 0.480 | 3.341 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
Sealed Air's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are covered by earnings (1.5x coverage).
- Dividends after 3 years are expected to be well covered by earnings (4.5x coverage).
Income/ dividend checks
We assess Sealed Air's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Sealed Air afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Sealed Air has a total score of 4/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
SEE Management
CEO
| COMPENSATION | $2,881,897 |
| AGE | 56 |
| TENURE AS CEO | 1.2 years |
CEO Bio
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 September 18, 2017 until December 31, 2017. Mr. Doheny served as Chief Executive Officer and President of Komatsu Mining Corp. from December 2013 to April 5, 2017 and Executive Vice President from 2006 to 2013. He served as Chief Executive Officer of Underground Mining Machinery and also served as its President since 2006 until 2013. He served as President and Chief Operating Officer of The Underground Mining Equipment Division since 2006. He served as the President and Chief Executive Officer of Joy Global, Inc. from December 2013 until April 2017 and as Executive Vice President of Joy Global, Inc. He served as Chief Operating Officer of Joy Global Undergound Mining Machinery. Prior to joining Joy Global in May 2006, Mr. Doheny spent 21-years with Ingersoll-Rand, where he held a variety of senior executive positions with global responsibility, including President of Air Solutions and President of Industrial Technologies. He served as Vice President and President of Ingersoll-Rand Business Services at Ingersoll-Rand Plc since February 10, 2003. Mr. Doheny has leadership responsibility for the following Ingersoll-Rand units: Global Business Services; Ingersoll-Rand International; IR Global Consulting, Design and Innovation Services; and Strategic Sourcing, including corporate real estate. He joined IR in 1984 as an application engineer and then moved into IR’s Engineering Development Program in Mayfield, KY in 1985. From 1988 to 1997, he held various management positions in Aftermarket, Engineering and Marketing with Ingersoll-Rand. He has been a Director of Sealed Air Corporation since September 18, 2017. He has been a Director of John Bean Technologies Corporation since 2012 and Joy Global (Aus) Underground Pty Ltd. since February 1, 2013. He has been a Non Executive Director of International Mining Machinery Holdings Limited since December 23, 2011. In addition, he sits on the Board of Niject Services Company, a 50-50 joint venture between subsidiaries of Ingersoll-Rand and Praxair Inc. Mr. Doheny received a bachelor’s degree in engineering from Cornell University and an MBA from the Krannert School of Management at Purdue.
CEO Compensation
- Insufficient data for Ted to compare compensation growth.
- Ted's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Sealed Air management team in years:
- The average tenure for the Sealed Air management team is less than 2 years, this suggests a new team.
Management Team
Ted Doheny
CEO, President & Director
$3M
56
1.2 yrs
William Stiehl
Senior VP & CFO
$858K
56
1.4 yrs
Karl Deily
Senior VP & President of Food Care
$2M
60
Emile Chammas
Senior VP & Chief Supply Chain Officer
$2M
49
8.3 yrs
Michael Leon
Chief Accounting Officer & Controller
37
0.8 yrs
Marc Hamer
Chief Information Officer
2.3 yrs
Lori Chaitman
Vice President of Investor Relations
Angel Willis
VP, General Counsel & Secretary
0.2 yrs
Jim Whaley
Vice President of Corporate Communications
5.3 yrs
Susan Edwards
Vice President of Human Resources
Board of Directors Tenure
Average tenure and age of the Sealed Air board of directors in years:
- The tenure for the Sealed Air board of directors is about average.
Board of Directors
Jerry Whitaker
Chairman of the Board
$238K
67
0.8 yrs
Ted Doheny
CEO, President & Director
$3M
56
1.5 yrs
Jackie Kosecoff
Independent Director
$233K
69
13.8 yrs
Pat Duff
Independent Director
$230K
60
8.8 yrs
Henry Keizer
Independent Director
$210K
61
1.8 yrs
Michael Chu
Independent Director
$215K
70
17.2 yrs
Richard Wambold
Independent Director
$215K
66
7 yrs
Neil Lustig
Independent Director
$223K
57
3.8 yrs
Hal Lawton
Independent Director
44
0.2 yrs
Who owns this company?
Recent Insider Trading
- More shares have been bought than sold by Sealed Air insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 20. Feb 19 | Buy | Harry Lawton | Individual | 19. Feb 19 | 19. Feb 19 | 1,000 | $42.33 | $42,326 | ||
| 18. Dec 18 | Buy | Emile Chammas | Individual | 17. Dec 18 | 17. Dec 18 | 5,000 | $33.40 | $167,001 | ||
| 17. Dec 18 | Buy | Edward Doheny | Individual | 17. Dec 18 | 17. Dec 18 | 7,500 | $33.75 | $253,125 | ||
| 15. Aug 18 | Buy | Jerry Whitaker | Individual | 14. Aug 18 | 14. Aug 18 | 1,000 | $39.81 | $39,810 | ||
| 13. Aug 18 | Buy | Edward Doheny | Individual | 13. Aug 18 | 13. Aug 18 | 5,000 | $39.65 | $198,250 | ||
| 08. Aug 18 | Buy | Henry Keizer | Individual | 08. Aug 18 | 08. Aug 18 | 600 | $40.99 | $24,596 | ||
| 20. Jun 18 | Sell | William Stiehl | Individual | 19. Jun 18 | 19. Jun 18 | -3,000 | $44.01 | $-132,041 | ||
| 30. May 18 | Sell | Emile Chammas | Individual | 29. May 18 | 29. May 18 | -10,000 | $45.03 | $-450,263 | ||
| 23. May 18 | Sell | Kenneth Chrisman | Individual | 22. May 18 | 22. May 18 | -7,000 | $45.01 | $-315,103 | ||
Management checks
We assess Sealed Air's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Sealed Air has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
SEE News
Simply Wall St News
Update: Sealed Air (NYSE:SEE) Stock Gained 42% In The Last Five Years
Better yet, you'd like to see the share price move up more than the market average. … But Sealed Air Corporation (NYSE:SEE) has fallen short of that second goal, with a share price rise of 42% over five years, which is below the market return. … During five years of share price growth, Sealed Air achieved compound earnings per share (EPS) growth of 14% per year.
Simply Wall St - – Full articleWhen Should You Buy Sealed Air Corporation (NYSE:SEE)?
Sealed Air Corporation (NYSE:SEE), which is in the packaging business, and is based in United States,. … saw a significant share price rise of over 20% in the past couple of months on the NYSE. … With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price?
Simply Wall St - – Full articleA Spotlight On Sealed Air Corporation's (NYSE:SEE) Fundamentals
Want to participate in a short research study? … Help shape the future of investing tools and you could win a $250 gift card! … In the case of Sealed Air Corporation (NYSE:SEE), there's
Simply Wall St - – Full articleNeed To Know: Sealed Air Corporation (NYSE:SEE) Insiders Have Been Selling Shares
So we'll take a look at whether insiders have been buying or selling shares in Sealed Air Corporation (NYSE:SEE). … Over the last year we saw more insider selling of Sealed Air shares, than buying … It's not particularly great to see insiders were selling shares around current prices (shares recently traded at US$34.81)
Simply Wall St - – Full articleIs It Time To Consider Buying Sealed Air Corporation (NYSE:SEE)?
received a lot of attention from a substantial price movement on the NYSE over the last few months, increasing to $44.07 at one point, and dropping to the lows of $36.13. … A question to answer is whether Sealed Air's current trading price of $36.13 reflective of the actual value of the? … Let’s take a look at Sealed Air’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change
Simply Wall St - – Full articleDoes Sealed Air Corporation (NYSE:SEE)'s Capital Return Make The Cut?
Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … Therefore, looking at how efficiently Sealed Air is able to use capital to create earnings will help us understand your potential return.
Simply Wall St - – Full articleCalculating The Fair Value Of Sealed Air Corporation (NYSE:SEE)
How far off is Sealed Air Corporation (NYSE:SEE) from its intrinsic value? … by taking the expected future cash flows and discounting them to their present value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model
Simply Wall St - – Full articleIs It Time To Buy Sealed Air Corporation (NYSE:SEE)?
received a lot of attention from a substantial price movement on the NYSE over the last few months, increasing to $45.77 at one point, and dropping to the lows of $41.12. … A question to answer is whether Sealed Air's current trading price of $44.05 reflective of the actual value of the? … Let’s take a look at Sealed Air’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change
Simply Wall St - – Full articleSealed Air Corporation (NYSE:SEE): Are forecasts sustainable?
Breaking Down SEE's Profit Margin Attractive margins generally indicate a desirable ability to translate sales revenue in to earnings, and return for shareholders. … Margin Calculation for SEE Profit Margin = Net Income ÷ Revenue ∴ Profit Margin = 376.60 Million ÷ 6.90 Billion = 5.46% There has been an expansion in Sealed Air's margin over the past five years, with a 25.33% average growth in net income surpassing a 2.76% average growth in revenue, indicating that that the previous revenue growth has been acompanied by a growing portion translated in to earnings. … Using Sealed Air's margin expectations as a way to understand projections for the future Margins are expected to continue to expand, with 2.25% in expected annual revenue growth and annual net income growth forecasted at 31.54%.
Simply Wall St - – Full articleIs Sealed Air Corporation (SEE) A Financially Sound Company?
See our latest analysis for SEE Is SEE’s level of debt at an acceptable level? … In the event of financial turmoil, the company may experience difficulty meeting interest and other debt obligations. … SEE’s high debt levels are not met with high cash flow coverage.
Simply Wall St - – Full articleSEE Company Info
Description
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 packaging materials and equipment solutions to provide food safety, shelf life extension, and total cost optimization for perishable food processors in the fresh red meat, smoked and processed meats, poultry, and dairy markets under the Cryovac, Cryovac Grip & Tear, Cryovac Darfresh, Cryovac Mirabella, Simple Steps, and Optidure brands. This segment sells its solutions directly to customers through its sales, marketing, and customer service personnel. The Product Care segment provides foam, corrugated, molded pulp, and wood packaging solutions to protect goods in shipping for the e-commerce, electronics, transportation, and industrial markets under the Bubble Wrap, Cryovac, Instapak, Jiffy, and Korrvu brands. This segment sells its solutions through supply distributors, as well as directly to fabricators, original equipment manufacturers, contract manufacturers, third-party logistics partners, e-commerce/fulfillment operations, and retail centers. The company was founded in 1960 and is headquartered in Charlotte, North Carolina.
Details
| Name: | Sealed Air Corporation |
| SEE | |
| Exchange: | NYSE |
| Founded: | 1960 |
| $7,005,025,126 | |
| 155,632,640 | |
| Website: | http://www.sealedair.com |
| Address: |
Sealed Air Corporation 2415 Cascade Pointe Boulevard, Charlotte, North Carolina, 28208, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | SEE | Common Stock | New York Stock Exchange | US | USD | 02. Jan 1969 | |
| DB | SDA | Common Stock | Deutsche Boerse AG | DE | EUR | 02. Jan 1969 | |
| LSE | 0L4F | Common Stock | London Stock Exchange | GB | USD | 02. Jan 1969 |
Number of employees
Current staff
Industry
| Paper Packaging | |
| Materials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/20 23:45 |
| End of day share price update: | 2019/03/20 00:00 |
| Last estimates confirmation: | 2019/02/26 |
| Last earnings filing: | 2019/02/19 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
