PACTIV EVERGREEN INC. |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 13.36 USD | +0.38% |
|
-1.77% | -2.63% |
| May. 06 | RBC Trims Price Target on Pactiv Evergreen to $17 From $18, Keeps Outperform Rating | MT |
| May. 03 | Transcript : Pactiv Evergreen Inc., Q1 2024 Earnings Call, May 03, 2024 |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,214 | 2,248 | 2,020 | 2,447 | 2,384 | - | - |
| Enterprise Value (EV) 1 | 6,736 | 6,301 | 5,625 | 5,869 | 5,831 | 5,556 | 5,264 |
| P/E ratio | -101 x | 97.5 x | 6.42 x | -10.9 x | 12.1 x | 9.72 x | 7.87 x |
| Yield | - | 3.15% | 3.52% | 2.92% | 2.85% | 3.01% | 3.01% |
| Capitalization / Revenue | 0.69 x | 0.41 x | 0.32 x | 0.44 x | 0.45 x | 0.43 x | 0.42 x |
| EV / Revenue | 1.44 x | 1.16 x | 0.9 x | 1.07 x | 1.1 x | 1.01 x | 0.94 x |
| EV / EBITDA | 11 x | 11.9 x | 7.17 x | 6.99 x | 6.8 x | 6.18 x | 5.67 x |
| EV / FCF | -42.9 x | -300 x | 36.1 x | 23.6 x | 27.7 x | 21.9 x | - |
| FCF Yield | -2.33% | -0.33% | 2.77% | 4.24% | 3.61% | 4.56% | - |
| Price to Book | 2.48 x | 1.75 x | 1.31 x | 1.82 x | 1.6 x | 1.45 x | 1.29 x |
| Nbr of stocks (in thousands) | 177,158 | 177,251 | 177,803 | 178,456 | 179,149 | - | - |
| Reference price 2 | 18.14 | 12.68 | 11.36 | 13.71 | 13.31 | 13.31 | 13.31 |
| Announcement Date | 2/24/21 | 2/23/22 | 3/7/23 | 2/29/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 7,115 | 4,689 | 5,437 | 6,220 | 5,510 | 5,322 | 5,484 | 5,622 |
| EBITDA 1 | - | 615 | 531 | 785 | 840 | 857.8 | 898.6 | 928.9 |
| EBIT 1 | - | 326 | 187 | 446 | 513 | 528.8 | 563.7 | 577.2 |
| Operating Margin | - | 6.95% | 3.44% | 7.17% | 9.31% | 9.94% | 10.28% | 10.27% |
| Earnings before Tax (EBT) 1 | - | -122 | 29 | 468 | -225 | 266.3 | 315.5 | 361.7 |
| Net income 1 | 91 | -27 | 23 | 318 | -223 | 198.5 | 246.6 | 304.5 |
| Net margin | 1.28% | -0.58% | 0.42% | 5.11% | -4.05% | 3.73% | 4.5% | 5.42% |
| EPS 2 | 2.550 | -0.1800 | 0.1300 | 1.770 | -1.260 | 1.100 | 1.369 | 1.692 |
| Free Cash Flow 1 | - | -157 | -21 | 156 | 249 | 210.6 | 253.4 | - |
| FCF margin | - | -3.35% | -0.39% | 2.51% | 4.52% | 3.96% | 4.62% | - |
| FCF Conversion (EBITDA) | - | - | - | 19.87% | 29.64% | 24.55% | 28.2% | - |
| FCF Conversion (Net income) | - | - | - | 49.06% | - | 106.1% | 102.77% | - |
| Dividend per Share 2 | - | - | 0.4000 | 0.4000 | 0.4000 | 0.3800 | 0.4000 | 0.4000 |
| Announcement Date | 9/8/20 | 2/24/21 | 2/23/22 | 3/7/23 | 2/29/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,527 | 1,495 | 1,640 | 1,609 | 1,476 | 1,431 | 1,426 | 1,379 | 1,274 | 1,252 | 1,368 | 1,405 | 1,325 | 1,278 | 1,457 |
| EBITDA 1 | 205 | 182 | 249 | 187 | 167 | 189 | 217 | 227 | 207 | 168 | 207.1 | 246.3 | 237 | 189.3 | 237.9 |
| EBIT 1 | 114 | 98 | 163 | 102 | 83 | 15 | 135 | 146 | 127 | 89 | 118.1 | 164.4 | 157.4 | 95.29 | 158.3 |
| Operating Margin | 7.47% | 6.56% | 9.94% | 6.34% | 5.62% | 1.05% | 9.47% | 10.59% | 9.97% | 7.11% | 8.63% | 11.7% | 11.88% | 7.45% | 10.86% |
| Earnings before Tax (EBT) 1 | 56 | 79 | 119 | 254 | 16 | -152 | -147 | 50 | 24 | 15 | 55.67 | 110.5 | 104.7 | - | - |
| Net income 1 | 31 | 43 | 73 | 176 | 26 | -134 | -139 | 30 | 21 | 9 | 38.68 | 64.11 | 70.7 | 30.98 | 80.17 |
| Net margin | 2.03% | 2.88% | 4.45% | 10.94% | 1.76% | -9.36% | -9.75% | 2.18% | 1.65% | 0.72% | 2.83% | 4.56% | 5.34% | 2.42% | 5.5% |
| EPS 2 | 0.1700 | 0.2400 | 0.4000 | 0.9800 | 0.1500 | -0.7600 | -0.7800 | 0.1500 | 0.1200 | 0.0400 | 0.2100 | 0.3500 | 0.3900 | 0.1721 | 0.4454 |
| Dividend per Share 2 | 0.1000 | 0.1000 | 0.1000 | 0.1000 | 0.1000 | 0.1000 | 0.1000 | 0.1000 | 0.1000 | - | 0.1000 | 0.1000 | 0.1000 | 0.1000 | 0.1000 |
| Announcement Date | 2/23/22 | 5/4/22 | 8/3/22 | 11/7/22 | 3/7/23 | 5/8/23 | 8/2/23 | 11/1/23 | 2/29/24 | 5/2/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 3,522 | 4,053 | 3,605 | 3,422 | 3,446 | 3,172 | 2,880 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 5.727 x | 7.633 x | 4.592 x | 4.074 x | 4.018 x | 3.53 x | 3.1 x |
| Free Cash Flow 1 | - | -157 | -21 | 156 | 249 | 211 | 253 | - |
| ROE (net income / shareholders' equity) | - | - | 7.9% | 22.5% | 11.9% | 14.4% | 16.3% | 16.1% |
| ROA (Net income/ Total Assets) | - | -0.23% | 1.34% | 4.44% | 2.5% | 6.3% | 6.4% | - |
| Assets 1 | - | 11,509 | 1,714 | 7,163 | -8,905 | 3,151 | 3,853 | - |
| Book Value Per Share 2 | - | 7.330 | 7.240 | 8.680 | 7.530 | 8.300 | 9.180 | 10.30 |
| Cash Flow per Share 2 | - | 1.730 | 1.470 | 2.320 | 2.990 | 3.180 | 3.450 | - |
| Capex 1 | - | 410 | 282 | 258 | 285 | 300 | 285 | 260 |
| Capex / Sales | - | 8.74% | 5.19% | 4.15% | 5.17% | 5.64% | 5.2% | 4.62% |
| Announcement Date | 9/8/20 | 2/24/21 | 2/23/22 | 3/7/23 | 2/29/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
13.31
USD
Average target price
16.36
USD
Spread / Average Target
+22.89%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -2.92% | 2.38B | |
| +11.60% | 18.17B | |
| -8.75% | 10.03B | |
| +18.69% | 9.32B | |
| +3.15% | 5.49B | |
| +5.72% | 5.11B | |
| -2.33% | 3.04B | |
| +13.06% | 3.01B | |
| +9.76% | 2.12B | |
| -14.23% | 1.97B |
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