Ardagh Metal Packaging S.A. (AMBP) vs TriMas Corporation (TRS)

Ardagh Metal Packaging S.A. and TriMas Corporation are both Packaging & Containers companies. Ardagh Metal Packaging S.A. is the larger, with a market value of $2.6B against $1.4B — 1.8× the size. TriMas Corporation trades at the lower P/E: 1.6× against 73.0×. TriMas Corporation grew revenue faster over the last twelve months: 57.5% against 14.5%. TriMas Corporation has the higher net margin (117.9% vs 0.42%) and the lower return on invested capital (−0.77% vs 5.36%). Both pay a dividend; Ardagh Metal Packaging S.A. yields more (11.0% vs 0.66%). Across the 20 metrics below, TriMas Corporation leads on 11 and Ardagh Metal Packaging S.A. on 9.

Valuation

Metric AMBP TRS Packaging & Containers median
P/E 73.00 1.63 15.79
P/S 0.44 1.83 0.88
P/B n/m 0.97 1.60
Price to free cash flow 10.27 n/m 13.41
EV/EBITDA 8.80 11.91 9.04
EV/Sales 1.13 0.73 1.31
Earnings yield 1.37% 61.46% 5.04%
Free cash flow yield 9.74% (0.81%) 6.34%

Profitability

Metric AMBP TRS Packaging & Containers median
Gross margin 12.72% 22.28% 20.03%
Operating margin 4.87% (0.95%) 8.36%
Net margin 0.42% 117.92% 4.53%
Free cash flow margin 5.14% (1.48%) 5.14%
Return on equity (4.68%) 83.90% 11.28%
Return on assets 0.45% 49.05% 4.29%
Return on invested capital 5.36% (0.77%) 6.43%

Growth

Metric AMBP TRS Packaging & Containers median
Revenue growth (TTM) 14.53% 57.49% 9.10%
EPS growth (last fiscal year) 60.00% 400.00% —
Revenue growth, 5-year CAGR 9.76% (3.46%) 5.66%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AMBP TRS Packaging & Containers median
Debt to equity (5.79) 0.28 0.78
Current ratio 1.06 5.44 1.29
Net debt to EBITDA 5.51 4.42 2.65

Dividend

Metric AMBP TRS Packaging & Containers median
Dividend yield 11.02% 0.66% 2.79%
Payout ratio 5.00 0.14 0.28

Size

Metric AMBP TRS Packaging & Containers median
Market cap 2.58b 1.43b 3.71b

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