O-I Glass, Inc. (OI) vs Ranpak Holdings Corp (PACK)

O-I Glass, Inc. and Ranpak Holdings Corp are both Packaging & Containers companies. O-I Glass, Inc. is the larger, with a market value of $900.5M against $361.9M — 2.5× the size. Ranpak Holdings Corp grew revenue faster over the last twelve months: 9.77% against −1.87%. Ranpak Holdings Corp has the higher net margin (−9.09% vs −18.1%) and the lower return on invested capital (−0.91% vs 6.43%). Across the 19 metrics below, Ranpak Holdings Corp leads on 12 and O-I Glass, Inc. on 7.

Valuation

Metric OI PACK Packaging & Containers median
P/E n/m n/m 15.79
P/S 0.14 0.90 0.88
P/B 1.67 0.72 1.60
Price to free cash flow n/m 29.84 13.41
EV/EBITDA 5.39 13.13 9.04
EV/Sales 0.85 1.76 1.31
Earnings yield (128.33%) (10.02%) 5.04%
Free cash flow yield (2.78%) 3.35% 6.34%

Profitability

Metric OI PACK Packaging & Containers median
Gross margin 14.82% 33.57% 20.03%
Operating margin 8.08% (3.06%) 8.36%
Net margin (18.13%) (9.09%) 4.53%
Free cash flow margin (0.39%) 1.72% 5.14%
Return on equity (128.97%) (7.18%) 11.28%
Return on assets (13.35%) (3.40%) 4.29%
Return on invested capital 6.43% (0.91%) 6.43%

Growth

Metric OI PACK Packaging & Containers median
Revenue growth (TTM) (1.87%) 9.77% 9.10%
EPS growth (last fiscal year) (21.74%) (95.65%) —
Revenue growth, 5-year CAGR 1.08% 5.78% 5.66%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric OI PACK Packaging & Containers median
Debt to equity 8.89 0.77 0.78
Current ratio 1.26 1.79 1.29
Net debt to EBITDA 3.69 7.76 2.65

Dividend

Metric OI PACK Packaging & Containers median
Dividend yield — — 2.79%
Payout ratio 0.00 0.00 0.28

Size

Metric OI PACK Packaging & Containers median
Market cap 900.45m 361.90m 3.71b

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