Sealed Air
Market Cap
US$7.1b
Last Updated
2020/11/25 00:03 UTC
Data Sources
Company Financials +
Executive Summary
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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record average dividend payer.
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
Stable Share Price: SEE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SEE's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
3.0%
SEE
1.3%
US Packaging
1.8%
US Market
1 Year Return
22.3%
SEE
20.1%
US Packaging
20.4%
US Market
Return vs Industry: SEE exceeded the US Packaging industry which returned 19.4% over the past year.
Return vs Market: SEE exceeded the US Market which returned 19% over the past year.
Shareholder returns
| SEE | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.0% | 1.3% | 1.8% |
| 30 Day | 11.3% | 8.7% | 6.0% |
| 90 Day | 13.0% | 24.9% | 6.8% |
| 1 Year | 24.6%22.3% | 22.9%20.1% | 23.2%20.4% |
| 3 Year | 2.3%-2.6% | 34.4%25.0% | 47.4%37.6% |
| 5 Year | 8.8%0.9% | 84.0%61.7% | 91.9%70.8% |
Long-Term 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
2 months ago | Simply Wall St
A Look At Sealed Air's (NYSE:SEE) Share Price Returns2 months ago | Simply Wall St
Is It Smart To Buy Sealed Air Corporation (NYSE:SEE) Before It Goes Ex-Dividend?3 months ago | Simply Wall St
What Can We Make Of Sealed Air's (NYSE:SEE) CEO Compensation?Valuation
Is Sealed Air undervalued compared to its fair value and its price relative to the market?
15.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SEE ($45.95) is trading below our estimate of fair value ($54.39)
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 good value based on its PE Ratio (15.1x) compared to the US Packaging industry average (22.7x).
PE vs Market: SEE is good value based on its PE Ratio (15.1x) compared to the US market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: SEE is poor value based on its PEG Ratio (3.8x)
Price to Book Ratio
PB vs Industry: SEE is overvalued based on its PB Ratio (291x) compared to the US Packaging industry average (3.1x).
Next Steps
Future Growth
How is Sealed Air forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
4.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SEE's forecast earnings growth (4% per year) is above the savings rate (2.2%).
Earnings vs Market: SEE's earnings (4% per year) are forecast to grow slower than the US market (21.9% per year).
High Growth Earnings: SEE's earnings are forecast to grow, but not significantly.
Revenue vs Market: SEE's revenue (3% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: SEE's revenue (3% 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 (126.4%).
Next Steps
Past Performance
How has Sealed Air performed over the past 5 years?
12.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SEE has high quality earnings.
Growing Profit Margin: SEE's current net profit margins (9.7%) are higher than last year (7.7%).
Past Earnings Growth Analysis
Earnings Trend: SEE's earnings have grown by 12.8% per year over the past 5 years.
Accelerating Growth: SEE's earnings growth over the past year (28.2%) exceeds its 5-year average (12.8% per year).
Earnings vs Industry: SEE earnings growth over the past year (28.2%) exceeded the Packaging industry -8.9%.
Return on Equity
High ROE: Whilst SEE's Return on Equity (1922.45%) is outstanding, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Sealed Air's financial position?
Financial Position Analysis
Short Term Liabilities: SEE's short term assets ($1.7B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: SEE's short term assets ($1.7B) do not cover its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: SEE's debt to equity ratio (15118.4%) is considered high.
Reducing Debt: SEE's debt to equity ratio has increased from 1047.2% to 15118.4% over the past 5 years.
Debt Coverage: SEE's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: SEE's interest payments on its debt are well covered by EBIT (4.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Sealed Air current dividend yield, its reliability and sustainability?
1.39%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: SEE's dividend (1.39%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: SEE's dividend (1.39%) is low compared to the top 25% of dividend payers in the US market (4.15%).
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 (21.1%), 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 (19.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Ted Doheny (58 yo)
2.83yrs
Tenure
US$8,972,537
Compensation
Mr. Edward L. Doheny II, also known as Ted, has been Director at Eastman Chemical Company since February 12, 2020. Mr. Doheny has been Chief Executive Officer and President at Sealed Air Corp. since Januar...
CEO Compensation Analysis
Compensation vs Market: Ted's total compensation ($USD8.97M) is above average for companies of similar size in the US market ($USD6.90M).
Compensation vs Earnings: Ted's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.83yrs | US$8.97m | 0.053% $ 3.7m | |
| Senior VP & CFO | 1.42yrs | US$1.71m | 0.0068% $ 485.5k | |
| VP & Chief Human Resources Officer | 1.83yrs | US$1.32m | 0.015% $ 1.1m | |
| Senior VP & Chief Commercial Officer | 1.83yrs | US$2.60m | 0.11% $ 7.6m | |
| Senior VP | 9.92yrs | US$2.45m | 0.12% $ 8.6m | |
| Chief Accounting Officer & Controller | 2.42yrs | no data | 0.0054% $ 383.6k | |
| Vice President of Investor Relations | no data | no data | no data | |
| VP, General Counsel & Secretary | 1.83yrs | no data | 0.014% $ 967.4k | |
| Chief Trademark Counsel & VP of Law | no data | no data | no data | |
| VP and Chief Growth & Strategy Officer | no data | no data | 0.021% $ 1.5m | |
| President of Americas | no data | no data | no data | |
| President of APAC | no data | no data | no data |
1.8yrs
Average Tenure
57.5yo
Average Age
Experienced Management: SEE's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.83yrs | US$8.97m | 0.053% $ 3.7m | |
| Independent Director | 15.5yrs | US$247.54k | 0.029% $ 2.1m | |
| Independent Director | 0.50yr | no data | no data | |
| Director | 0.33yr | no data | no data | |
| Independent Chairman of the Board | 2.5yrs | US$352.02k | 0.0065% $ 460.6k | |
| Independent Director | 3.5yrs | US$267.54k | 0.0091% $ 650.2k | |
| Independent Director | 0.50yr | no data | no data | |
| Independent Director | 5.5yrs | US$243.54k | 0.014% $ 988.8k | |
| Independent Director | 1.5yrs | US$225.04k | 0.0046% $ 327.9k | |
| Independent Director | 1.83yrs | US$301.10k | 0.0060% $ 429.9k |
2.2yrs
Average Tenure
58.5yo
Average Age
Experienced Board: SEE's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SEE insiders have only sold shares 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
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$7.129b
- Shares outstanding: 155.15m
- Website: https://www.sealedair.com
Number of Employees
Location
- Sealed Air Corporation
- 2415 Cascade Pointe Boulevard
- Charlotte
- North Carolina
- 28208
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SEE | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1969 |
| SDA | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1969 |
| 0L4F | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1969 |
| S1EA34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 1 REPR 1 COM | BR | BRL | Jan 2020 |
Biography
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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/25 00:03 |
| End of Day Share Price | 2020/11/24 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.