Graphic Packaging Holding Company (GPK) vs O-I Glass, Inc. (OI)

Graphic Packaging Holding Company and O-I Glass, Inc. are both Packaging & Containers companies. Graphic Packaging Holding Company is the larger, with a market value of $2.6B against $909.7M — 2.8× the size. O-I Glass, Inc. has negative trailing earnings, so its P/E is not meaningful; Graphic Packaging Holding Company trades at 13.0×. Graphic Packaging Holding Company grew revenue faster over the last twelve months: 0.02% against −1.87%. Graphic Packaging Holding Company has the higher net margin (2.25% vs −18.1%) and the lower return on invested capital (3.62% vs 6.43%). Across the 20 metrics below, Graphic Packaging Holding Company leads on 13 and O-I Glass, Inc. on 7.

Valuation

Metric GPK OI Packaging & Containers median
P/E 12.98 n/m 17.11
P/S 0.29 0.14 0.87
P/B 0.79 1.66 1.66
Price to free cash flow 13.45 n/m 13.16
EV/EBITDA 7.49 5.38 9.21
EV/Sales 0.93 0.85 1.35
Earnings yield 7.70% (128.77%) 4.96%
Free cash flow yield 7.44% (2.79%) 6.15%

Profitability

Metric GPK OI Packaging & Containers median
Gross margin 15.46% 14.82% 20.03%
Operating margin 5.84% 8.08% 8.36%
Net margin 2.25% (18.13%) 4.53%
Free cash flow margin 2.19% (0.39%) 5.14%
Return on equity 6.01% (128.97%) 11.28%
Return on assets 1.65% (13.35%) 4.29%
Return on invested capital 3.62% 6.43% 6.43%

Growth

Metric GPK OI Packaging & Containers median
Revenue growth (TTM) 0.02% (1.87%) 9.10%
EPS growth (last fiscal year) (31.48%) (21.74%) 0.69%
Revenue growth, 5-year CAGR 5.61% 1.08% 5.66%
Net income growth, 5-year CAGR 21.60% 0.00% 0.00%

Health

Metric GPK OI Packaging & Containers median
Debt to equity 1.75 8.89 0.78
Current ratio 1.38 1.26 1.29
Net debt to EBITDA 3.95 3.69 2.65

Dividend

Metric GPK OI Packaging & Containers median
Dividend yield 5.13% — 3.14%
Payout ratio 0.67 — 0.56

Size

Metric GPK OI Packaging & Containers median
Market cap 2.58b 909.66m 3.71b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack