Ardagh Metal Packaging S.A. (AMBP) vs Silgan Holdings Inc. (SLGN)

Ardagh Metal Packaging S.A. and Silgan Holdings Inc. are both Packaging & Containers companies. Silgan Holdings Inc. is the larger, with a market value of $3.8B against $2.6B — 1.5× the size. Silgan Holdings Inc. trades at the lower P/E: 14.1× against 73.0×. Ardagh Metal Packaging S.A. grew revenue faster over the last twelve months: 14.5% against 8.43%. Silgan Holdings Inc. has the higher net margin (4.05% vs 0.42%) and the lower return on invested capital (5.26% vs 5.36%). Both pay a dividend; Ardagh Metal Packaging S.A. yields more (11.0% vs 1.58%). Across the 22 metrics below, Ardagh Metal Packaging S.A. leads on 13 and Silgan Holdings Inc. on 9.

Valuation

Metric AMBP SLGN Packaging & Containers median
P/E 73.00 14.08 15.79
P/S 0.44 0.57 0.88
P/B n/m 1.60 1.60
Price to free cash flow 10.27 11.08 13.41
EV/EBITDA 8.80 9.04 9.04
EV/Sales 1.13 1.24 1.31
Earnings yield 1.37% 7.10% 5.04%
Free cash flow yield 9.74% 9.03% 6.34%

Profitability

Metric AMBP SLGN Packaging & Containers median
Gross margin 12.72% 17.07% 20.03%
Operating margin 4.87% 8.64% 8.36%
Net margin 0.42% 4.05% 4.53%
Free cash flow margin 5.14% 5.13% 5.14%
Return on equity (4.68%) 11.75% 11.28%
Return on assets 0.45% 2.84% 4.29%
Return on invested capital 5.36% 5.26% 6.43%

Growth

Metric AMBP SLGN Packaging & Containers median
Revenue growth (TTM) 14.53% 8.43% 9.10%
EPS growth (last fiscal year) 60.00% 4.65% —
Revenue growth, 5-year CAGR 9.76% 5.66% 5.66%
Net income growth, 5-year CAGR 0.00% (1.35%) 0.00%

Health

Metric AMBP SLGN Packaging & Containers median
Debt to equity (5.79) 2.03 0.78
Current ratio 1.06 1.27 1.29
Net debt to EBITDA 5.51 3.54 2.65

Dividend

Metric AMBP SLGN Packaging & Containers median
Dividend yield 11.02% 1.58% 2.79%
Payout ratio 5.00 0.24 0.28

Size

Metric AMBP SLGN Packaging & Containers median
Market cap 2.58b 3.75b 3.71b

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