WestRock
Market Cap
US$9.7b
Last Updated
2019/10/23 00:33 UTC
Data Sources
Company Financials +
Executive Summary
WestRock Company manufactures and sells paper and packaging solutions for the consumer and corrugated markets in North America, South America, Europe, and the Asia Pacific.
Snowflake
Fundamentals
6 star dividend payer and undervalued.
Similar Companies
Share Price & News
How has WestRock's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
3.7%
WRK
2.6%
US Packaging
0.07%
US Market
1 Year Return
-5.9%
WRK
18.6%
US Packaging
8.9%
US Market
Return vs Industry: WRK underperformed the US Packaging industry which returned 18.6% over the past year.
Return vs Market: WRK underperformed the US Market which returned 8.9% over the past year.
Shareholder returns
| WRK | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.7% | 2.6% | 0.07% |
| 30 Day | 4.1% | 2.4% | -0.3% |
| 90 Day | 1.5% | -2.4% | -1.6% |
| 1 Year | -1.5%-5.9% | 21.5%18.6% | 11.3%8.9% |
| 3 Year | -10.9%-19.8% | 27.1%19.1% | 46.3%36.8% |
| 5 Year | -0.6%-23.8% | 47.5%30.2% | 62.1%44.3% |
Price Volatility Vs. Market
How volatile is WestRock's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
WestRock Company (NYSE:WRK) Is A Real Dividend Rock Star - Here Is Why1 month ago | Simply Wall St
Does WestRock Company (NYSE:WRK) Have A Good P/E Ratio?2 months ago | Simply Wall St
Why I Like WestRock Company (NYSE:WRK)Valuation
Is WestRock undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WRK ($37.65) is trading below our estimate of fair value ($77.38)
Significantly Below Fair Value: WRK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WRK is good value based on its PE Ratio (11.6x) compared to the Packaging industry average (17.6x).
PE vs Market: WRK is good value based on its PE Ratio (11.6x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: WRK's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: WRK is good value based on its PB Ratio (0.8x) compared to the US Packaging industry average (3.5x).
Next Steps
Future Growth
How is WestRock forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
-2.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WRK's earnings are forecast to decline over the next 3 years (-2.3% per year).
Earnings vs Market: WRK's earnings are forecast to decline over the next 3 years (-2.3% per year).
High Growth Earnings: WRK's earnings are forecast to decline over the next 3 years.
Revenue vs Market: WRK's revenue (0.7% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: WRK's revenue (0.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WRK's Return on Equity is forecast to be low in 3 years time (7.4%).
Next Steps
Past Performance
How has WestRock performed over the past 5 years?
28.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: WRK's earnings have grown significantly by 28.3% per year over the past 5 years.
Accelerating Growth: WRK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WRK had negative earnings growth (-54.4%) over the past year, making it difficult to compare to the Packaging industry average (-1.4%).
Return on Equity
High ROE: WRK's Return on Equity (7.1%) is considered low.
Return on Assets
ROA vs Industry: WRK's Return on Assets is below or equal to the Packaging industry average last year.
Return on Capital Employed
ROCE Improving: WRK's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is WestRock's financial position?
Financial Position Analysis
Short Term Liabilities: WRK's short term assets ($5.2B) exceeds its short term liabilities ($3.6B)
Long Term Liabilities: WRK's short term assets (5.2B) do not cover its long term liabilities (15.4B)
Debt to Equity History and Analysis
Debt Level: WRK's debt to equity ratio (87.4%) is considered high
Reducing Debt: WRK's debt to equity ratio has increased from 65.9% to 87.4% over the past 5 years.
Debt Coverage: WRK's debt is well covered by operating cash flow (25.9%).
Interest Coverage: WRK's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
Inventory Level: WRK has a high level of physical assets or inventory.
Debt Coverage by Assets: WRK's debt is not covered by short term assets (assets are 0.5x debt).
Next Steps
Dividend
What is WestRock's current dividend yield, its reliability and sustainability?
4.83%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: WRK's dividend (4.83%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: WRK's dividend (4.83%) is in the top 25% of dividend payers in the US market (3.68%)
Stable Dividend: WRK's dividends per share have been stable in the past 10 years.
Growing Dividend: WRK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.2%), WRK's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WRK's dividends in 3 years are forecast to be covered by earnings (56.4% payout ratio).
Next Steps
Management
What is the CEO of WestRock's salary, the management and board of directors tenure and is there insider trading?
1.7yrs
Average management tenure
CEO
Steve Voorhees (65yo)
1.7yrs
Tenure
US$18,030,504
Compensation
Mr. Steven C. Voorhees, also known as Steve, has been Chief Executive Officer, President and Director of Kapstone Paper and Packaging Corporation since November 2, 2018. He serves as Chief Executive Office ...
CEO Compensation Analysis
Compensation vs. Market: Steve has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.
Compensation vs Earnings: Steve's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Management Age and Tenure
1.7yrs
Average Tenure
59.5yo
Average Age
Experienced Management: WRK's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Age and Tenure
4.8yrs
Average Tenure
66yo
Average Age
Experienced Board: WRK's board of directors are considered experienced (4.8 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 5,000 |
| Max Price | US$37.50 |
| Entity | Individual |
| Role | Chief Financial Officer Executive VP & CFO |
| Shares | 2,645 |
| Max Price | US$37.94 |
Ownership Breakdown
Management Team
Steve Voorhees (65yo)
CEO, President & Director
- Tenure: 1.7yrs
- Compensation: US$18.03m
Marc Shore (65yo)
President of Multi Packaging Solutions
- Tenure: 2.3yrs
- Compensation: US$3.03m
Rob McIntosh (62yo)
Executive VP
- Tenure: 4.3yrs
- Compensation: US$1.75m
Jim Porter (68yo)
President of Business Development & Latin America
- Tenure: 0yrs
- Compensation: US$3.59m
Ward Dickson (57yo)
Executive VP & CFO
- Tenure: 0.9yrs
- Compensation: US$2.96m
Donna Cox (55yo)
Chief Communications Officer
- Tenure: 0yrs
James Armstrong
Vice President of Investor Relations
- Tenure: 0yrs
Jeff Chalovich (56yo)
Chief Commercial Officer & President of Corrugated Packaging
- Tenure: 0.7yrs
- Compensation: US$2.74m
Kelly Janzen (46yo)
Senior VP & Chief Accounting Officer
- Tenure: 1.9yrs
Amir Kazmi
Chief Information & Digital Officer
- Tenure: 0.8yrs
Board Members
Gracia Martore (67yo)
Independent Director
- Tenure: 4.8yrs
- Compensation: US$270.02k
Russell Currey (58yo)
Independent Director
- Tenure: 4.8yrs
- Compensation: US$250.02k
John Luke (70yo)
Non-Executive Chairman
- Tenure: 1.7yrs
- Compensation: US$290.02k
Bettina Whyte (69yo)
Independent Director
- Tenure: 1.7yrs
- Compensation: US$267.52k
Mike Campbell (71yo)
Independent Director
- Tenure: 4.8yrs
- Compensation: US$250.02k
Steve Voorhees (65yo)
CEO, President & Director
- Tenure: 1.7yrs
- Compensation: US$18.03m
Terry Crews (64yo)
Independent Director
- Tenure: 4.8yrs
- Compensation: US$250.02k
Tim Bernlohr (60yo)
Independent Director
- Tenure: 4.8yrs
- Compensation: US$270.02k
J. Brown (51yo)
Independent Director
- Tenure: 4.8yrs
- Compensation: US$250.02k
Jim Nevels (68yo)
Lead Independent Director
- Tenure: 0yrs
- Compensation: US$270.02k
Company Information
WestRock Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: WestRock Company
- Ticker: WRK
- Exchange: NYSE
- Founded:
- Industry: Paper Packaging
- Sector: Materials
- Market Cap: US$9.689b
- Shares outstanding: 257.34m
- Website: https://www.westrock.com
Number of Employees
Location
- WestRock Company
- 1000 Abernathy Road NE
- Atlanta
- Georgia
- 30328
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| WRK | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Mar 1994 |
| 1WR | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Mar 1994 |
| WRK * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Mar 1994 |
| 0LW9 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Mar 1994 |
Biography
WestRock Company manufactures and sells paper and packaging solutions for the consumer and corrugated markets in North America, South America, Europe, and the Asia Pacific. The company’s Corrugated Packagi ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 00:33 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/09/30 |
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.