Crown Holdings, Inc. (CCK) vs Silgan Holdings Inc. (SLGN)

Crown Holdings, Inc. and Silgan Holdings Inc. are both Packaging & Containers companies. Crown Holdings, Inc. is the larger, with a market value of $11.5B against $3.8B — 3.1× the size. Silgan Holdings Inc. trades at the lower P/E: 14.1× against 15.5×. Crown Holdings, Inc. grew revenue faster over the last twelve months: 10.4% against 8.43%. Crown Holdings, Inc. has the higher net margin (5.91% vs 4.05%) and the higher return on invested capital (11.6% vs 5.26%). Both pay a dividend; Silgan Holdings Inc. yields more (1.58% vs 1.10%). Across the 23 metrics below, Crown Holdings, Inc. leads on 15 and Silgan Holdings Inc. on 8.

Valuation

Metric CCK SLGN Packaging & Containers median
P/E 15.48 14.08 15.79
P/S 0.89 0.57 0.88
P/B 3.51 1.60 1.60
Price to free cash flow 9.50 11.08 13.41
EV/EBITDA 8.24 9.04 9.04
EV/Sales 1.30 1.24 1.31
Earnings yield 6.46% 7.10% 5.04%
Free cash flow yield 10.52% 9.03% 6.34%

Profitability

Metric CCK SLGN Packaging & Containers median
Gross margin 17.44% 17.07% 20.03%
Operating margin 12.27% 8.64% 8.36%
Net margin 5.91% 4.05% 4.53%
Free cash flow margin 9.38% 5.13% 5.14%
Return on equity 23.27% 11.75% 11.28%
Return on assets 5.40% 2.84% 4.29%
Return on invested capital 11.59% 5.26% 6.43%

Growth

Metric CCK SLGN Packaging & Containers median
Revenue growth (TTM) 10.35% 8.43% 9.10%
EPS growth (last fiscal year) 79.72% 4.65% —
Revenue growth, 5-year CAGR 5.65% 5.66% 5.66%
Net income growth, 5-year CAGR 4.97% (1.35%) 0.00%

Health

Metric CCK SLGN Packaging & Containers median
Debt to equity 1.80 2.03 0.78
Current ratio 1.05 1.27 1.29
Net debt to EBITDA 2.59 3.54 2.65

Dividend

Metric CCK SLGN Packaging & Containers median
Dividend yield 1.10% 1.58% 2.79%
Payout ratio 0.23 0.24 0.28

Size

Metric CCK SLGN Packaging & Containers median
Market cap 11.50b 3.75b 3.71b

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