Crown Holdings, Inc. (CCK) vs International Paper Company (IP)

Crown Holdings, Inc. and International Paper Company are both Packaging & Containers companies. International Paper Company is the larger, with a market value of $18.4B against $11.5B — 1.6× the size. International Paper Company has negative trailing earnings, so its P/E is not meaningful; Crown Holdings, Inc. trades at 15.5×. International Paper Company grew revenue faster over the last twelve months: 35.3% against 10.4%. Crown Holdings, Inc. has the higher net margin (5.91% vs −14.2%) and the higher return on invested capital (11.6% vs 0.62%). Both pay a dividend; International Paper Company yields more (5.32% vs 1.10%). Across the 22 metrics below, Crown Holdings, Inc. leads on 12 and International Paper Company on 10.

Valuation

Metric CCK IP Packaging & Containers median
P/E 15.48 n/m 15.79
P/S 0.89 0.87 0.88
P/B 3.51 1.45 1.60
Price to free cash flow 9.50 32.43 13.41
EV/EBITDA 8.24 9.42 9.04
EV/Sales 1.30 1.18 1.31
Earnings yield 6.46% (18.62%) 5.04%
Free cash flow yield 10.52% 3.08% 6.34%

Profitability

Metric CCK IP Packaging & Containers median
Gross margin 17.44% 29.77% 20.03%
Operating margin 12.27% 0.90% 8.36%
Net margin 5.91% (14.20%) 4.53%
Free cash flow margin 9.38% 2.68% 5.14%
Return on equity 23.27% (20.79%) 11.28%
Return on assets 5.40% (8.72%) 4.29%
Return on invested capital 11.59% 0.62% 6.43%

Growth

Metric CCK IP Packaging & Containers median
Revenue growth (TTM) 10.35% 35.30% 9.10%
EPS growth (last fiscal year) 79.72% (542.68%) —
Revenue growth, 5-year CAGR 5.65% 6.12% 5.66%
Net income growth, 5-year CAGR 4.97% 0.00% 0.00%

Health

Metric CCK IP Packaging & Containers median
Debt to equity 1.80 0.57 0.78
Current ratio 1.05 1.10 1.29
Net debt to EBITDA 2.59 2.50 2.65

Dividend

Metric CCK IP Packaging & Containers median
Dividend yield 1.10% 5.32% 2.79%
Payout ratio 0.23 0.46 0.28

Size

Metric CCK IP Packaging & Containers median
Market cap 11.50b 18.44b 3.71b

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