Loading...

Sealed Air

NYSE:SEE
Snowflake Description

Reasonable growth potential average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SEE
NYSE
$7B
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Sealed Air Corporation provides food safety and security, and product protection solutions worldwide. The last earnings update was 29 days ago. More info.


Add to Portfolio Compare Print
  • Sealed Air has significant price volatility in the past 3 months.
SEE Share Price and Events
7 Day Returns
-0.6%
NYSE:SEE
0.2%
US Packaging
1.2%
US Market
1 Year Returns
4.9%
NYSE:SEE
-2.7%
US Packaging
3%
US Market
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.
Price Volatility
SEE
Industry
5yr Volatility vs Market

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.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Sealed Air.

NYSE:SEE Discounted Cash Flow Data Sources
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.

Calculation of Discount Rate/ Cost of Equity for NYSE:SEE
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.

NYSE:SEE DCF 1st Stage: Next 10 year cash flow forecast
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
NYSE:SEE DCF 2nd Stage: Terminal Value
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
NYSE:SEE Total Equity Value
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
NYSE:SEE Discount to Share Price
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.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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?
Raw Data
NYSE:SEE PE (Price to Earnings) Ratio Data Sources
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.

NYSE:SEE PE (Price to Earnings) Ratio Calculation
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?
Raw Data
NYSE:SEE PEG (Price to Earnings to Growth) Ratio Data Sources
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 .

NYSE:SEE PEG (Price to Earnings to Growth) Ratio Calculation
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?
Raw Data
NYSE:SEE PB (Price to Book) Ratio Data Sources
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
NYSE:SEE PB (Price to Book) Ratio Calculation
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.
X
Value checks
We assess Sealed Air's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Packaging industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Packaging industry average (and greater than 0)? (1 check)
  5. 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!
Annual Growth Rate
40.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sealed Air expected to grow at an attractive rate?
  • 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
Raw Data
NYSE:SEE Future Growth Rates Data Sources
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
Raw Data
NYSE:SEE Analysts Growth Expectations Data Sources
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 numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:SEE Future Estimates Data
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
NYSE:SEE Past Financials Data
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.

Super high growth metrics
High Growth Checks
  • Sealed Air's earnings are expected to grow significantly at over 20% yearly.
  • Sealed Air's revenue is expected to grow by 3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:SEE 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.

NYSE:SEE Future Estimates Data
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
NYSE:SEE Past Financials Data
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.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Sealed Air is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Sealed Air's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
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
Below we compare Sealed Air's growth in the last year to its industry (Packaging).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • 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
Sealed Air's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sealed Air Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:SEE Past Revenue, Cash Flow and Net Income Data
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).
X
Past performance checks
We assess Sealed Air's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Packaging industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
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.
Net Worth
  • 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
This treemap shows a more detailed breakdown of Sealed Air's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • 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.
Raw Data

All data from Sealed Air Company Filings, last reported 2 months ago.

NYSE:SEE Past Debt and Equity Data
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).
X
Financial health checks
We assess Sealed Air's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sealed Air has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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
Dividend payments
1.42%
Current annual income from Sealed Air dividends. Estimated to be 1.54% next year.
If you bought $2,000 of Sealed Air shares you are expected to receive $28 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • 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.
Raw Data
NYSE:SEE Annualized Past and Future Dividends
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.

NYSE:SEE Future Dividends Estimate Data
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
NYSE:SEE Past Annualized Dividends Data
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).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.5x coverage).
X
Income/ dividend checks
We assess Sealed Air's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. 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)
  7. 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

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ted Doheny
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:

1.4
Average Tenure
56
Average Age
  • The average tenure for the Sealed Air management team is less than 2 years, this suggests a new team.
Management Team

Ted Doheny

TITLE
CEO, President & Director
COMPENSATION
$3M
AGE
56
TENURE
1.2 yrs

William Stiehl

TITLE
Senior VP & CFO
COMPENSATION
$858K
AGE
56
TENURE
1.4 yrs

Karl Deily

TITLE
Senior VP & President of Food Care
COMPENSATION
$2M
AGE
60

Emile Chammas

TITLE
Senior VP & Chief Supply Chain Officer
COMPENSATION
$2M
AGE
49
TENURE
8.3 yrs

Michael Leon

TITLE
Chief Accounting Officer & Controller
AGE
37
TENURE
0.8 yrs

Marc Hamer

TITLE
Chief Information Officer
TENURE
2.3 yrs

Lori Chaitman

TITLE
Vice President of Investor Relations

Angel Willis

TITLE
VP, General Counsel & Secretary
TENURE
0.2 yrs

Jim Whaley

TITLE
Vice President of Corporate Communications
TENURE
5.3 yrs

Susan Edwards

TITLE
Vice President of Human Resources
Board of Directors Tenure

Average tenure and age of the Sealed Air board of directors in years:

3.8
Average Tenure
61
Average Age
  • The tenure for the Sealed Air board of directors is about average.
Board of Directors

Jerry Whitaker

TITLE
Chairman of the Board
COMPENSATION
$238K
AGE
67
TENURE
0.8 yrs

Ted Doheny

TITLE
CEO, President & Director
COMPENSATION
$3M
AGE
56
TENURE
1.5 yrs

Jackie Kosecoff

TITLE
Independent Director
COMPENSATION
$233K
AGE
69
TENURE
13.8 yrs

Pat Duff

TITLE
Independent Director
COMPENSATION
$230K
AGE
60
TENURE
8.8 yrs

Henry Keizer

TITLE
Independent Director
COMPENSATION
$210K
AGE
61
TENURE
1.8 yrs

Michael Chu

TITLE
Independent Director
COMPENSATION
$215K
AGE
70
TENURE
17.2 yrs

Richard Wambold

TITLE
Independent Director
COMPENSATION
$215K
AGE
66
TENURE
7 yrs

Neil Lustig

TITLE
Independent Director
COMPENSATION
$223K
AGE
57
TENURE
3.8 yrs

Hal Lawton

TITLE
Independent Director
AGE
44
TENURE
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
X
Management checks
We assess Sealed Air's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. 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 -

When 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 -

A 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 -

Need 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 -

Is 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 -

Does 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 -

Calculating 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 -

Is 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 -

Sealed 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 -

Is 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 -

SEE 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
Staff numbers
15,500
Sealed Air employees.
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.