Amcor PLC (AMCR) vs Smurfit Westrock PLC (SW)

Amcor PLC and Smurfit Westrock PLC are both Packaging & Containers companies. Smurfit Westrock PLC is the larger, with a market value of $24.1B against $19.4B — 1.2× the size. Amcor PLC trades at the lower P/E: 17.9× against 48.9×. Amcor PLC grew revenue faster over the last twelve months: 56.6% against 1.69%. Amcor PLC has the higher net margin (4.71% vs 1.59%) and the higher return on invested capital (17.9% vs 2.93%). Both pay a dividend; Amcor PLC yields more (5.45% vs 2.64%). Across the 23 metrics below, Amcor PLC leads on 16 and Smurfit Westrock PLC on 7.

Valuation

Metric AMCR SW Packaging & Containers median
P/E 17.94 48.85 15.79
P/S 0.84 0.78 0.88
P/B 1.67 1.35 1.60
Price to free cash flow 15.77 23.25 13.41
EV/EBITDA 3.63 8.97 9.04
EV/Sales 1.38 1.21 1.31
Earnings yield 5.58% 2.05% 5.04%
Free cash flow yield 6.34% 4.30% 6.34%

Profitability

Metric AMCR SW Packaging & Containers median
Gross margin 19.95% 17.93% 20.03%
Operating margin 8.08% 4.71% 8.36%
Net margin 4.71% 1.59% 4.53%
Free cash flow margin 5.31% 3.34% 5.14%
Return on equity 9.40% 2.73% 11.28%
Return on assets 5.97% 1.09% 4.29%
Return on invested capital 17.85% 2.93% 6.43%

Growth

Metric AMCR SW Packaging & Containers median
Revenue growth (TTM) 56.61% 1.69% 9.10%
EPS growth (last fiscal year) 46.66% 62.20% —
Revenue growth, 5-year CAGR 12.82% 7.96% 5.66%
Net income growth, 5-year CAGR 3.33% (5.84%) 0.00%

Health

Metric AMCR SW Packaging & Containers median
Debt to equity 1.18 0.78 0.78
Current ratio 1.25 1.45 1.29
Net debt to EBITDA 3.73 3.02 2.65

Dividend

Metric AMCR SW Packaging & Containers median
Dividend yield 5.45% 2.64% 2.79%
Payout ratio 0.69 0.28 0.28

Size

Metric AMCR SW Packaging & Containers median
Market cap 19.40b 24.05b 3.71b

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