Ball Corporation (BALL) vs Crown Holdings, Inc. (CCK)

Ball Corporation and Crown Holdings, Inc. are both Packaging & Containers companies. Ball Corporation is the larger, with a market value of $15.0B against $11.5B — 1.3× the size. Crown Holdings, Inc. trades at the lower P/E: 15.5× against 16.1×. Ball Corporation grew revenue faster over the last twelve months: 15.6% against 10.4%. Ball Corporation has the higher net margin (6.61% vs 5.91%) and the lower return on invested capital (7.34% vs 11.6%). Both pay a dividend; Ball Corporation yields more (1.40% vs 1.10%). Across the 23 metrics below, Crown Holdings, Inc. leads on 15 and Ball Corporation on 8.

Valuation

Metric BALL CCK Packaging & Containers median
P/E 16.10 15.48 15.79
P/S 1.05 0.89 0.88
P/B 2.62 3.51 1.60
Price to free cash flow 18.26 9.50 13.41
EV/EBITDA 10.35 8.24 9.04
EV/Sales 1.52 1.30 1.31
Earnings yield 6.21% 6.46% 5.04%
Free cash flow yield 5.48% 10.52% 6.34%

Profitability

Metric BALL CCK Packaging & Containers median
Gross margin 18.63% 17.44% 20.03%
Operating margin 10.25% 12.27% 8.36%
Net margin 6.61% 5.91% 4.53%
Free cash flow margin 5.77% 9.38% 5.14%
Return on equity 17.15% 23.27% 11.28%
Return on assets 4.89% 5.40% 4.29%
Return on invested capital 7.34% 11.59% 6.43%

Growth

Metric BALL CCK Packaging & Containers median
Revenue growth (TTM) 15.56% 10.35% 9.10%
EPS growth (last fiscal year) (74.62%) 79.72% —
Revenue growth, 5-year CAGR 2.24% 5.65% 5.66%
Net income growth, 5-year CAGR 9.29% 4.97% 0.00%

Health

Metric BALL CCK Packaging & Containers median
Debt to equity 1.25 1.80 0.78
Current ratio 1.07 1.05 1.29
Net debt to EBITDA 2.83 2.59 2.65

Dividend

Metric BALL CCK Packaging & Containers median
Dividend yield 1.40% 1.10% 2.79%
Payout ratio 0.22 0.23 0.28

Size

Metric BALL CCK Packaging & Containers median
Market cap 15.00b 11.50b 3.71b

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