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.
Established dividend payer and good value.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SEE underperformed the US Packaging industry which returned -18.5% over the past year.
Return vs Market: SEE underperformed the US Market which returned -14.9% over the past year.
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
1 week ago | Simply Wall StAre Sealed Air's (NYSE:SEE) Statutory Earnings A Good Reflection Of Its Earnings Potential?
1 month ago | Simply Wall StHere's What We Like About Sealed Air Corporation (NYSE:SEE)'s Upcoming Dividend
1 month ago | Simply Wall StAre You An Income Investor? Don't Miss Out On Sealed Air Corporation (NYSE:SEE)
Is Sealed Air undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SEE ($24.35) is trading below our estimate of fair value ($57.55)
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 (12.8x) compared to the Packaging industry average (14.4x).
PE vs Market: SEE is poor value based on its PE Ratio (12.8x) compared to the US market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: SEE is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: SEE has negative assets, so we can't compare its PB Ratio to the US Packaging industry average.
How is Sealed Air forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SEE's forecast earnings growth (21.1% per year) is above the savings rate (1.7%).
Earnings vs Market: SEE's earnings (21.1% per year) are forecast to grow faster than the US market (12.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SEE's revenue (2.8% per year) is forecast to grow slower than the US market (7.1% per year).
High Growth Revenue: SEE's revenue (2.8% 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 (84.2%).
How has Sealed Air performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SEE has a large one-off loss of $120.0M impacting its December 31 2019 financial results.
Growing Profit Margin: SEE's current net profit margins (6.1%) are higher than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: SEE's earnings have declined by -3.4% per year over the past 5 years.
Accelerating Growth: SEE's earnings growth over the past year (96.3%) exceeds its 5-year average (-3.4% per year).
Earnings vs Industry: SEE earnings growth over the past year (96.3%) exceeded the Packaging industry -5.6%.
Return on Equity
High ROE: SEE's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Sealed Air's financial position?
Financial Position Analysis
Short Term Liabilities: SEE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SEE has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SEE has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SEE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: SEE's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: SEE's interest payments on its debt are well covered by EBIT (3.7x coverage).
Inventory Level: SEE has a high level of physical assets or inventory.
Debt Coverage by Assets: SEE has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
What is Sealed Air's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SEE's dividend (2.63%) is higher than the bottom 25% of dividend payers in the US market (2.04%).
High Dividend: SEE's dividend (2.63%) is low compared to the top 25% of dividend payers in the US market (5.7%).
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 reasonably low payout ratio (33.7%), 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 (19.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ted Doheny (57yo)
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 ($USD8.93M) is above average for companies of similar size in the US market ($USD5.63M).
Compensation vs Earnings: Ted's compensation has increased by more than 20% in the past year.
|CEO, President & Director||2.25yrs||US$8.93m||0.19% $7.3m|
|Senior VP & Chief Commercial Officer||1.25yrs||US$2.10m||0.17% $6.5m|
|Senior VP||9.33yrs||US$2.12m||0.14% $5.3m|
|Senior VP & Division President of Product Care||no data||US$1.71m||0.032% $1.2m|
|Senior VP & CFO||0.83yr||no data||0.021% $779.6k|
|Chief Accounting Officer & Controller||1.83yrs||no data||0.0054% $203.0k|
|Vice President of Investor Relations||no data||no data||no data|
|VP, General Counsel & Secretary||1.25yrs||no data||no data|
|VP & Chief Human Resources Officer||1.25yrs||no data||0.021% $778.9k|
|Chief Trademark Counsel & VP of Law||no data||no data||no data|
Experienced Management: SEE's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|CEO, President & Director||2.25yrs||US$8.93m||0.19% $7.3m|
|Independent Director||14.92yrs||US$232.53k||0.026% $996.9k|
|Independent Director||9.92yrs||US$230.04k||0.069% $2.6m|
|Independent Director||18.25yrs||US$215.03k||0.022% $830.5k|
|Independent Chairman of the Board||1.92yrs||US$344.29k||0.0065% $244.1k|
|Independent Director||2.92yrs||US$226.28k||0.0065% $243.3k|
|Independent Director||4.92yrs||US$222.53k||0.011% $420.7k|
|Independent Director||0.92yr||no data||0.0019% $72.3k|
|Independent Director||1.25yrs||no data||0.0034% $126.5k|
Experienced Board: SEE's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SEE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sealed Air Corporation's company bio, employee growth, exchange listings and data sources
- Name: Sealed Air Corporation
- Ticker: SEE
- Exchange: NYSE
- Founded: 1960
- Industry: Paper Packaging
- Sector: Materials
- Market Cap: US$3.766b
- Shares outstanding: 154.67m
- Website: https://www.sealedair.com
Number of Employees
- Sealed Air Corporation
- 2415 Cascade Pointe Boulevard
- North Carolina
- United States
|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|
|SDA||BRSE (Berne Stock Exchange)||Yes||Common Stock||CH||CHF||Jan 1969|
|S1EA34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 1 REPR 1 COM||BR||BRL||Jan 2020|
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 Care and Product Care. The Food Care segment offers integrated packaging materials, equipment, and automation solutions to provide food safety and shelf life extension, and reduce resource use for perishable food processors in the 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, Sealed Air, Instapak, and Korrvu brands, as well as offers automated bagging systems under the Autobag brand. 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. Sealed Air Corporation was founded in 1960 and is headquartered in Charlotte, North Carolina.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/03 04:50|
|End of Day Share Price||2020/04/02 00:00|
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.