Ardagh Metal Packaging S.A. (AMBP) vs Ranpak Holdings Corp (PACK)

Ardagh Metal Packaging S.A. and Ranpak Holdings Corp are both Packaging & Containers companies. Ardagh Metal Packaging S.A. is the larger, with a market value of $2.8B against $298.4M — 9.3× the size. Ranpak Holdings Corp has negative trailing earnings, so its P/E is not meaningful; Ardagh Metal Packaging S.A. trades at 78.0×. Ardagh Metal Packaging S.A. grew revenue faster over the last twelve months: 14.5% against 9.77%. Ardagh Metal Packaging S.A. has the higher net margin (0.42% vs −9.09%) and the higher return on invested capital (5.36% vs −0.91%). Across the 19 metrics below, Ardagh Metal Packaging S.A. leads on 17 and Ranpak Holdings Corp on 2.

Valuation

Metric AMBP PACK Packaging & Containers median
P/E 78.00 n/m 17.11
P/S 0.47 0.71 0.87
P/B n/m 0.57 1.66
Price to free cash flow 10.97 23.52 13.16
EV/EBITDA 9.03 11.71 9.21
EV/Sales 1.16 1.57 1.35
Earnings yield 1.28% (12.72%) 4.96%
Free cash flow yield 9.12% 4.25% 6.15%

Profitability

Metric AMBP PACK Packaging & Containers median
Gross margin 12.72% 33.57% 20.03%
Operating margin 4.87% (3.06%) 8.36%
Net margin 0.42% (9.09%) 4.53%
Free cash flow margin 5.14% 1.72% 5.14%
Return on equity (4.68%) (7.18%) 11.28%
Return on assets 0.45% (3.40%) 4.29%
Return on invested capital 5.36% (0.91%) 6.43%

Growth

Metric AMBP PACK Packaging & Containers median
Revenue growth (TTM) 14.53% 9.77% 9.10%
EPS growth (last fiscal year) 60.00% (95.65%) 0.69%
Revenue growth, 5-year CAGR 9.76% 5.78% 5.66%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AMBP PACK Packaging & Containers median
Debt to equity (5.79) 0.77 0.78
Current ratio 1.06 1.79 1.29
Net debt to EBITDA 5.51 7.76 2.65

Dividend

Metric AMBP PACK Packaging & Containers median
Dividend yield 8.55% — 3.14%
Payout ratio 6.67 — 0.56

Size

Metric AMBP PACK Packaging & Containers median
Market cap 2.79b 298.44m 3.71b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack