Amcor PLC (AMCR) vs Ball Corporation (BALL)

Amcor PLC and Ball Corporation are both Packaging & Containers companies. Amcor PLC is the larger, with a market value of $19.4B against $15.0B — 1.3× the size. Ball Corporation trades at the lower P/E: 16.1× against 17.9×. Amcor PLC grew revenue faster over the last twelve months: 56.6% against 15.6%. Ball Corporation has the higher net margin (6.61% vs 4.71%) and the lower return on invested capital (7.34% vs 17.9%). Both pay a dividend; Amcor PLC yields more (5.45% vs 1.40%). Across the 23 metrics below, Amcor PLC leads on 15 and Ball Corporation on 8.

Valuation

Metric AMCR BALL Packaging & Containers median
P/E 17.94 16.10 15.79
P/S 0.84 1.05 0.88
P/B 1.67 2.62 1.60
Price to free cash flow 15.77 18.26 13.41
EV/EBITDA 3.63 10.35 9.04
EV/Sales 1.38 1.52 1.31
Earnings yield 5.58% 6.21% 5.04%
Free cash flow yield 6.34% 5.48% 6.34%

Profitability

Metric AMCR BALL Packaging & Containers median
Gross margin 19.95% 18.63% 20.03%
Operating margin 8.08% 10.25% 8.36%
Net margin 4.71% 6.61% 4.53%
Free cash flow margin 5.31% 5.77% 5.14%
Return on equity 9.40% 17.15% 11.28%
Return on assets 5.97% 4.89% 4.29%
Return on invested capital 17.85% 7.34% 6.43%

Growth

Metric AMCR BALL Packaging & Containers median
Revenue growth (TTM) 56.61% 15.56% 9.10%
EPS growth (last fiscal year) 46.66% (74.62%) —
Revenue growth, 5-year CAGR 12.82% 2.24% 5.66%
Net income growth, 5-year CAGR 3.33% 9.29% 0.00%

Health

Metric AMCR BALL Packaging & Containers median
Debt to equity 1.18 1.25 0.78
Current ratio 1.25 1.07 1.29
Net debt to EBITDA 3.73 2.83 2.65

Dividend

Metric AMCR BALL Packaging & Containers median
Dividend yield 5.45% 1.40% 2.79%
Payout ratio 0.69 0.22 0.28

Size

Metric AMCR BALL Packaging & Containers median
Market cap 19.40b 15.00b 3.71b

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