Silgan Holdings Inc. (SLGN) vs Sonoco Products Company (SON)

Silgan Holdings Inc. and Sonoco Products Company are both Packaging & Containers companies. Sonoco Products Company is the larger, with a market value of $4.9B against $3.8B — 1.3× the size. Sonoco Products Company trades at the lower P/E: 8.0× against 14.1×. Sonoco Products Company grew revenue faster over the last twelve months: 17.7% against 8.43%. Sonoco Products Company has the higher net margin (8.41% vs 4.05%) and the higher return on invested capital (9.36% vs 5.26%). Both pay a dividend; Sonoco Products Company yields more (3.56% vs 1.58%). Across the 23 metrics below, Sonoco Products Company leads on 19 and Silgan Holdings Inc. on 4.

Valuation

Metric SLGN SON Packaging & Containers median
P/E 14.08 7.96 15.79
P/S 0.57 0.67 0.88
P/B 1.60 1.38 1.60
Price to free cash flow 11.08 12.37 13.41
EV/EBITDA 9.04 5.32 9.04
EV/Sales 1.24 1.11 1.31
Earnings yield 7.10% 12.56% 5.04%
Free cash flow yield 9.03% 8.08% 6.34%

Profitability

Metric SLGN SON Packaging & Containers median
Gross margin 17.07% 20.81% 20.03%
Operating margin 8.64% 13.87% 8.36%
Net margin 4.05% 8.41% 4.53%
Free cash flow margin 5.13% 5.40% 5.14%
Return on equity 11.75% 18.33% 11.28%
Return on assets 2.84% 5.47% 4.29%
Return on invested capital 5.26% 9.36% 6.43%

Growth

Metric SLGN SON Packaging & Containers median
Revenue growth (TTM) 8.43% 17.73% 9.10%
EPS growth (last fiscal year) 4.65% 510.30% —
Revenue growth, 5-year CAGR 5.66% 7.50% 5.66%
Net income growth, 5-year CAGR (1.35%) 37.05% 0.00%

Health

Metric SLGN SON Packaging & Containers median
Debt to equity 2.03 0.97 0.78
Current ratio 1.27 0.99 1.29
Net debt to EBITDA 3.54 2.22 2.65

Dividend

Metric SLGN SON Packaging & Containers median
Dividend yield 1.58% 3.56% 2.79%
Payout ratio 0.24 0.41 0.28

Size

Metric SLGN SON Packaging & Containers median
Market cap 3.75b 4.94b 3.71b

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