NYSE:SEE

Stock Analysis Report

Executive Summary

Sealed Air Corporation provides food safety and security, and product protection solutions worldwide.

Snowflake

Fundamentals

Established dividend payer with moderate growth potential.


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


Market Performance


7 Day Return

-4.6%

NYSE:SEE

-2.0%

US Packaging

-1.6%

US Market


1 Year Return

3.8%

NYSE:SEE

1.4%

US Packaging

-3.0%

US Market

SEE outperformed the Packaging industry which returned 1.4% over the past year.

SEE outperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

SEEIndustryMarket
7 Day-4.6%-2.0%-1.6%
30 Day-7.9%-6.4%-5.7%
90 Day-3.0%2.4%0.2%
1 Year5.4%3.8%4.0%1.4%-0.8%-3.0%
3 Year-9.8%-13.7%20.0%12.4%38.1%29.1%
5 Year19.9%12.0%40.6%24.4%50.8%34.1%

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

Valuation

Is Sealed Air undervalued based on future cash flows and its price relative to the stock market?

31%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Sealed Air's share price is below the future cash flow value, and at a moderate discount (> 20%).

Sealed Air's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

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

Sealed Air is good value based on expected growth next year.


Price Based on Value of Assets

Sealed Air has negative assets, we can't compare the value of its assets to the US Packaging industry average.


Next Steps

Future Growth

How is Sealed Air expected to perform in the next 1 to 3 years based on estimates from 15 analysts?

19.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Sealed Air's revenue is expected to grow by 3.5% yearly, however this is not considered high growth (20% yearly).

Sealed Air's earnings are expected to grow by 19.7% yearly, however this is not considered high growth (20% yearly).

Sealed Air's revenue growth is positive but not above the United States of America market average.

Sealed Air's earnings growth is expected to exceed the United States of America market average.

Sealed Air's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Sealed Air is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).


Next Steps

Past Performance

How has Sealed Air performed over the past 5 years?

-9.2%

Historical annual earnings growth


Earnings and Revenue History


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 has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Sealed Air has become profitable in the last year making it difficult to compare the US Packaging industry average.


Return on Equity

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.


Return on Assets

Sealed Air used its assets more efficiently than the US Packaging industry average last year based on Return on Assets.


Return on Capital Employed

Sealed Air has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Sealed Air's financial position?


Financial Position Analysis

Sealed Air's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Sealed Air's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

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 (16.1%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 3.9x coverage).


Balance Sheet

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.


Next Steps

Dividend

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

1.69%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Sealed Air before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Sealed Air's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

Sealed Air's dividend is below the markets top 25% of dividend payers in United States of America (3.93%).

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

Dividends paid are well covered by earnings (3.7x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (5.1x coverage).


Next Steps

Management

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

1.6yrs

Average management tenure


CEO

Ted Doheny (57yo)

1.6yrs

Tenure

US$8,934,227

Compensation

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  ...


CEO Compensation Analysis

Ted's remuneration is about average for companies of similar size in United States of America.

Ted's compensation has increased in line with Sealed Air recently becoming profitable.


Management Age and Tenure

1.6yrs

Average Tenure

55.5yo

Average Age

The average tenure for the Sealed Air management team is less than 2 years, this suggests a new team.


Board Age and Tenure

2.3yrs

Average Tenure

61yo

Average Age

The average tenure for the Sealed Air board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$225,00003 May 19
Edward Doheny
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares5,000
Max PriceUS$45.00
BuyUS$42,32620 Feb 19
Harry Lawton
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,000
Max PriceUS$42.33
BuyUS$167,00118 Dec 18
Emile Chammas
EntityIndividual
Role
Senior Key Executive
Senior VP
Shares5,000
Max PriceUS$33.40
BuyUS$253,12517 Dec 18
Edward Doheny
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares7,500
Max PriceUS$33.75

Ownership Breakdown


Management Team

  • Jim Sullivan (59yo)

    Senior VP & CFO

    • Tenure: 0.2yrs
  • Lori Chaitman

    Vice President of Investor Relations

    • Tenure: 0.0yrs
  • Ted Doheny (57yo)

    CEO, President & Director

    • Tenure: 1.6yrs
    • Compensation: US$8.93m
  • Karl Deily (61yo)

    Senior VP & President of Food Care

    • Tenure: 0.0yrs
    • Compensation: US$2.10m
  • Jim Whaley

    Vice President of Corporate Communications

    • Tenure: 5.8yrs
  • Emile Chammas (50yo)

    Senior VP

    • Tenure: 8.7yrs
    • Compensation: US$2.12m
  • Marc Hamer

    Chief Information Officer

    • Tenure: 2.8yrs
  • Ken Chrisman (54yo)

    Senior VP & Division President of Product Care

    • Tenure: 0.0yrs
    • Compensation: US$1.71m
  • Michael Leon (38yo)

    Chief Accounting Officer & Controller

    • Tenure: 1.2yrs
  • Angel Willis

    VP, General Counsel & Secretary

    • Tenure: 0.6yrs

Board Members

  • Jackie Kosecoff (70yo)

    Independent Director

    • Tenure: 14.3yrs
    • Compensation: US$232.53k
  • Pat Duff (61yo)

    Independent Director

    • Tenure: 9.3yrs
    • Compensation: US$230.04k
  • Michael Chu (71yo)

    Independent Director

    • Tenure: 17.6yrs
    • Compensation: US$215.03k
  • Jerry Whitaker (68yo)

    Chairman of the Board

    • Tenure: 1.3yrs
    • Compensation: US$344.29k
  • Ted Doheny (57yo)

    CEO, President & Director

    • Tenure: 1.6yrs
    • Compensation: US$8.93m
  • Henry Keizer (62yo)

    Independent Director

    • Tenure: 2.3yrs
    • Compensation: US$226.28k
  • Neil Lustig (58yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: US$222.53k
  • Françoise Colpron (48yo)

    Independent Director

    • Tenure: 0.3yrs
  • Hal Lawton (45yo)

    Independent Director

    • Tenure: 0.6yrs

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$6.247b
  • Shares outstanding: 154.53m
  • Website: https://www.sealedair.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SEENYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1969
SDADB (Deutsche Boerse AG)YesCommon StockDEEURJan 1969
0L4FLSE (London Stock Exchange)YesCommon StockGBUSDJan 1969

Biography

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 packag ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 23:42
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.