Ball Corporation (BALL) vs Smurfit Westrock PLC (SW)

Ball Corporation and Smurfit Westrock PLC are both Packaging & Containers companies. Smurfit Westrock PLC is the larger, with a market value of $24.1B against $15.0B — 1.6× the size. Ball Corporation trades at the lower P/E: 16.1× against 48.9×. Ball Corporation grew revenue faster over the last twelve months: 15.6% against 1.69%. Ball Corporation has the higher net margin (6.61% vs 1.59%) and the higher return on invested capital (7.34% vs 2.93%). Both pay a dividend; Smurfit Westrock PLC yields more (2.64% vs 1.40%). Across the 23 metrics below, Ball Corporation leads on 14 and Smurfit Westrock PLC on 9.

Valuation

Metric BALL SW Packaging & Containers median
P/E 16.10 48.85 15.79
P/S 1.05 0.78 0.88
P/B 2.62 1.35 1.60
Price to free cash flow 18.26 23.25 13.41
EV/EBITDA 10.35 8.97 9.04
EV/Sales 1.52 1.21 1.31
Earnings yield 6.21% 2.05% 5.04%
Free cash flow yield 5.48% 4.30% 6.34%

Profitability

Metric BALL SW Packaging & Containers median
Gross margin 18.63% 17.93% 20.03%
Operating margin 10.25% 4.71% 8.36%
Net margin 6.61% 1.59% 4.53%
Free cash flow margin 5.77% 3.34% 5.14%
Return on equity 17.15% 2.73% 11.28%
Return on assets 4.89% 1.09% 4.29%
Return on invested capital 7.34% 2.93% 6.43%

Growth

Metric BALL SW Packaging & Containers median
Revenue growth (TTM) 15.56% 1.69% 9.10%
EPS growth (last fiscal year) (74.62%) 62.20% —
Revenue growth, 5-year CAGR 2.24% 7.96% 5.66%
Net income growth, 5-year CAGR 9.29% (5.84%) 0.00%

Health

Metric BALL SW Packaging & Containers median
Debt to equity 1.25 0.78 0.78
Current ratio 1.07 1.45 1.29
Net debt to EBITDA 2.83 3.02 2.65

Dividend

Metric BALL SW Packaging & Containers median
Dividend yield 1.40% 2.64% 2.79%
Payout ratio 0.22 0.28 0.28

Size

Metric BALL SW Packaging & Containers median
Market cap 15.00b 24.05b 3.71b

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