Ardagh Metal Packaging S.A. (AMBP) vs Myers Industries, Inc. (MYE)

Ardagh Metal Packaging S.A. and Myers Industries, Inc. are both Packaging & Containers companies. Ardagh Metal Packaging S.A. is the larger, with a market value of $2.6B against $1.2B — 2.2× the size. Myers Industries, Inc. trades at the lower P/E: 32.3× against 73.0×. Myers Industries, Inc. grew revenue faster over the last twelve months: 15.1% against 14.5%. Myers Industries, Inc. has the higher net margin (4.34% vs 0.42%) and the higher return on invested capital (10.1% vs 5.36%). Both pay a dividend; Ardagh Metal Packaging S.A. yields more (11.0% vs 2.94%). Across the 22 metrics below, Myers Industries, Inc. leads on 14 and Ardagh Metal Packaging S.A. on 8.

Valuation

Metric AMBP MYE Packaging & Containers median
P/E 73.00 32.33 15.79
P/S 0.44 1.39 0.88
P/B n/m 3.84 1.60
Price to free cash flow 10.27 12.55 13.41
EV/EBITDA 8.80 10.73 9.04
EV/Sales 1.13 1.72 1.31
Earnings yield 1.37% 3.09% 5.04%
Free cash flow yield 9.74% 7.97% 6.34%

Profitability

Metric AMBP MYE Packaging & Containers median
Gross margin 12.72% 34.67% 20.03%
Operating margin 4.87% 11.07% 8.36%
Net margin 0.42% 4.34% 4.53%
Free cash flow margin 5.14% 11.11% 5.14%
Return on equity (4.68%) 12.39% 11.28%
Return on assets 0.45% 4.29% 4.29%
Return on invested capital 5.36% 10.12% 6.43%

Growth

Metric AMBP MYE Packaging & Containers median
Revenue growth (TTM) 14.53% 15.10% 9.10%
EPS growth (last fiscal year) 60.00% 389.47% —
Revenue growth, 5-year CAGR 9.76% 10.10% 5.66%
Net income growth, 5-year CAGR 0.00% (1.02%) 0.00%

Health

Metric AMBP MYE Packaging & Containers median
Debt to equity (5.79) 1.04 0.78
Current ratio 1.06 1.61 1.29
Net debt to EBITDA 5.51 2.65 2.65

Dividend

Metric AMBP MYE Packaging & Containers median
Dividend yield 11.02% 2.94% 2.79%
Payout ratio 5.00 0.39 0.28

Size

Metric AMBP MYE Packaging & Containers median
Market cap 2.58b 1.19b 3.71b

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