SONOCO PRODUCTS COMPANY |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 59.8 USD | +1.40% |
|
+4.65% | +6.97% |
| May. 01 | Transcript : Sonoco Products Company, Q1 2024 Earnings Call, May 01, 2024 | |
| Apr. 30 | Sonoco Products Q1 Adjusted Earnings, Net Sales Fall; Q2 EPS Guidance Set, 2024 EPS Outlook Lowered | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 6,178 | 5,950 | 5,692 | 5,920 | 5,473 | 5,794 | - | - |
| Enterprise Value (EV) 1 | 7,714 | 7,085 | 7,132 | 8,915 | 8,404 | 8,796 | 8,720 | 5,794 |
| P/E ratio | 21.4 x | 28.9 x | -67.3 x | 12.9 x | 11.6 x | 13.1 x | 11.5 x | 11.8 x |
| Yield | 2.75% | 2.9% | 3.11% | 3.16% | 3.62% | 3.53% | 3.62% | 3.66% |
| Capitalization / Revenue | 1.15 x | 1.14 x | 1.02 x | 0.82 x | 0.81 x | 0.86 x | 0.84 x | 0.81 x |
| EV / Revenue | 1.44 x | 1.35 x | 1.28 x | 1.23 x | 1.24 x | 1.3 x | 1.26 x | 0.81 x |
| EV / EBITDA | 10.1 x | 9.06 x | 9.45 x | 7.76 x | 7.87 x | 8.25 x | 7.79 x | 5.01 x |
| EV / FCF | 31.5 x | 13.6 x | 128 x | 46.9 x | 14 x | 28.1 x | 17.6 x | - |
| FCF Yield | 3.17% | 7.37% | 0.78% | 2.13% | 7.14% | 3.56% | 5.67% | - |
| Price to Book | 3.43 x | 3.14 x | 3.07 x | 2.9 x | - | - | - | - |
| Nbr of stocks (in thousands) | 100,098 | 100,417 | 98,326 | 97,512 | 97,956 | 98,256 | - | - |
| Reference price 2 | 61.72 | 59.25 | 57.89 | 60.71 | 55.87 | 58.97 | 58.97 | 58.97 |
| Announcement Date | 2/13/20 | 2/11/21 | 2/10/22 | 2/8/23 | 2/14/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,374 | 5,237 | 5,590 | 7,251 | 6,781 | 6,771 | 6,938 | 7,182 |
| EBITDA 1 | 764 | 782.3 | 754.5 | 1,148 | 1,068 | 1,066 | 1,119 | 1,157 |
| EBIT 1 | 525.4 | 527 | 515.4 | 919.9 | 803.7 | 771 | 827.4 | 878.4 |
| Operating Margin | 9.78% | 10.06% | 9.22% | 12.69% | 11.85% | 11.39% | 11.93% | 12.23% |
| Earnings before Tax (EBT) 1 | 380.8 | 255.6 | -161 | 571.3 | 614.8 | 607.1 | 700.1 | 823.2 |
| Net income 1 | 291.8 | 207.5 | -85.48 | 466.4 | 475 | 443.5 | 499.8 | 482 |
| Net margin | 5.43% | 3.96% | -1.53% | 6.43% | 7% | 6.55% | 7.2% | 6.71% |
| EPS 2 | 2.880 | 2.050 | -0.8600 | 4.720 | 4.800 | 4.502 | 5.143 | 4.980 |
| Free Cash Flow 1 | 244.5 | 522 | 55.82 | 189.9 | 600.2 | 313.5 | 494.4 | - |
| FCF margin | 4.55% | 9.97% | 1% | 2.62% | 8.85% | 4.63% | 7.13% | - |
| FCF Conversion (EBITDA) | 32.01% | 66.72% | 7.4% | 16.54% | 56.21% | 29.42% | 44.18% | - |
| FCF Conversion (Net income) | 83.8% | 251.59% | - | 40.71% | 126.36% | 70.69% | 98.93% | - |
| Dividend per Share 2 | 1.700 | 1.720 | 1.800 | 1.920 | 2.020 | 2.082 | 2.133 | 2.160 |
| Announcement Date | 2/13/20 | 2/11/21 | 2/10/22 | 2/8/23 | 2/14/24 | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,439 | 1,771 | 1,913 | 1,890 | 1,676 | 1,730 | 1,705 | 1,710 | 1,636 | 1,638 | 1,714 | 1,753 | 1,651 |
| EBITDA 1 | 182.3 | 312.6 | 304.6 | 289.5 | 241.5 | 274.4 | 275.4 | 280.4 | 235.8 | 244.8 | 266.7 | 291.2 | 262.2 |
| EBIT 1 | 124.7 | 260.8 | 250.2 | 225.1 | 183.8 | 213.4 | 210.9 | 212.5 | 166.8 | 176 | 196.3 | 224.7 | 187 |
| Operating Margin | 8.66% | 14.73% | 13.07% | 11.91% | 10.97% | 12.34% | 12.37% | 12.43% | 10.2% | 10.75% | 11.45% | 12.82% | 11.33% |
| Earnings before Tax (EBT) 1 | 86.65 | 148.7 | 172.6 | 155.1 | 94.85 | 193.3 | 152.2 | 166.8 | 102.6 | 81.5 | 157.5 | 180.9 | 156.2 |
| Net income 1 | 65.16 | 115.3 | 131.7 | 122.2 | 97.2 | 148.3 | 114.6 | 130.7 | 81.24 | 65.18 | 117.5 | 136.7 | 113 |
| Net margin | 4.53% | 6.51% | 6.88% | 6.47% | 5.8% | 8.57% | 6.72% | 7.64% | 4.97% | 3.98% | 6.86% | 7.8% | 6.85% |
| EPS 2 | 0.6600 | 1.170 | 1.330 | 1.240 | 0.9800 | 1.500 | 1.160 | 1.320 | 0.8200 | 0.6600 | 1.190 | 1.390 | 1.150 |
| Dividend per Share 2 | 0.4500 | 0.4500 | 0.4900 | 0.4900 | 0.4900 | 0.4900 | 0.5100 | 0.5100 | 0.5100 | - | 0.5200 | 0.5200 | 0.5200 |
| Announcement Date | 2/10/22 | 4/21/22 | 7/21/22 | 10/31/22 | 2/8/23 | 5/1/23 | 7/31/23 | 10/31/23 | 2/14/24 | 4/30/24 | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,536 | 1,135 | 1,440 | 2,995 | 2,931 | 3,002 | 2,926 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.011 x | 1.451 x | 1.908 x | 2.608 x | 2.745 x | 2.816 x | 2.615 x | - |
| Free Cash Flow 1 | 245 | 522 | 55.8 | 190 | 600 | 314 | 494 | - |
| ROE (net income / shareholders' equity) | 16.4% | 18.5% | 19% | 32.6% | 23.1% | 18.7% | 18.5% | 17.8% |
| ROA (Net income/ Total Assets) | 6.01% | 6.64% | 6.87% | 10.5% | 7.3% | 5.5% | 5.9% | 6% |
| Assets 1 | 4,855 | 3,124 | -1,244 | 4,436 | 6,507 | 8,064 | 8,471 | 8,033 |
| Book Value Per Share | 18.00 | 18.90 | 18.90 | 21.00 | - | - | - | - |
| Cash Flow per Share 2 | 4.210 | 6.970 | 3.000 | 5.160 | 8.930 | 7.030 | 10.30 | - |
| Capex 1 | 181 | 184 | 243 | 319 | 283 | 347 | 310 | 331 |
| Capex / Sales | 3.37% | 3.51% | 4.34% | 4.4% | 4.17% | 5.12% | 4.46% | 4.61% |
| Announcement Date | 2/13/20 | 2/11/21 | 2/10/22 | 2/8/23 | 2/14/24 | - | - | - |
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
B
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
58.97
USD
Average target price
60.17
USD
Spread / Average Target
+2.03%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +5.55% | 5.79B | |
| +10.12% | 15.99B | |
| +6.72% | 13.4B | |
| +21.93% | 12.21B | |
| +4.71% | 11.15B | |
| -6.84% | 8.69B | |
| +12.74% | 8.54B | |
| -0.83% | 8.09B | |
| +18.13% | 6.26B | |
| +8.00% | 5.08B |
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