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PTVE
Upturn stock ratingUpturn stock rating

Pactiv Evergreen Inc (PTVE)

Upturn stock ratingUpturn stock rating
$17.47
Delayed price
Profit since last BUY48.68%
upturn advisory
Consider higher Upturn Star rating
BUY since 67 days
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

12/31/2024: PTVE (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit 19.28%
Avg. Invested days 37
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 12/31/2024

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.13B USD
Price to earnings Ratio -
1Y Target Price 16.4
Price to earnings Ratio -
1Y Target Price 16.4
Volume (30-day avg) 1639449
Beta 1.29
52 Weeks Range 8.69 - 17.61
Updated Date 01/1/2025
52 Weeks Range 8.69 - 17.61
Updated Date 01/1/2025
Dividends yield (FY) 2.29%
Basic EPS (TTM) -0.93

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -3.16%
Operating Margin (TTM) 11.4%

Management Effectiveness

Return on Assets (TTM) 2.08%
Return on Equity (TTM) -13.46%

Valuation

Trailing PE -
Forward PE 14.81
Enterprise Value 6746314795
Price to Sales(TTM) 0.6
Enterprise Value 6746314795
Price to Sales(TTM) 0.6
Enterprise Value to Revenue 1.3
Enterprise Value to EBITDA 18.18
Shares Outstanding 179366000
Shares Floating 40137939
Shares Outstanding 179366000
Shares Floating 40137939
Percent Insiders 77.92
Percent Institutions 24.05

AI Summary

Pactiv Evergreen Inc. Comprehensive Overview

Company Profile

Detailed history and background: Pactiv Evergreen Inc. (NASDAQ: PTVE) is a leading manufacturer of packaging and foodservice products in North America and Europe. It was formed in 2015 through the merger of Pactiv Corporation and Evergreen Packaging Inc. The company has a rich history dating back to the early 20th century, with roots in the paper and container industries.

Core business areas: Pactiv Evergreen Inc. operates through two segments: Foodservice and Food Packaging. The Foodservice segment offers a diverse range of products for restaurants, food retailers, and institutional settings, including food containers, cutlery, cups, and straws. The Food Packaging segment focuses on consumer food packaging, producing paperboard boxes and containers for refrigerated and frozen foods.

Leadership team and corporate structure:

  • President & CEO: David Kenny
  • Executive Vice President & CFO: Mark Abrams
  • Executive Vice President, Foodservice: Michael King
  • Executive Vice President, Food Packaging: Scott Usitalo

The company has a decentralized structure with separate teams managing the Foodservice and Food Packaging segments. Each segment has its own president and leadership team, responsible for driving growth and profitability.

Top Products and Market Share

Top products and offerings:

  • Foodservice: Food containers, cutlery, cups, straws, napkins, and disposable tableware.
  • Food Packaging: Paperboard boxes, thermoformed clamshells, and other packaging solutions for refrigerated and frozen food.

Market share: Pactiv Evergreen is a prominent player in both the North American and European markets.

  • Foodservice: Estimated market share of 18% in North America.
  • Food Packaging: Market leader in the US fresh food paperboard container market with a market share exceeding 40%.

Comparison against competitors: Pactiv Evergreen faces competition from various companies, including Dart Container Corp (DART), Reynolds Consumer Products (REYN), and Huhtamaki Oyj (HUH1V.HE). While competition is fierce, PTVE holds advantages in its broad product offering, manufacturing capabilities, and sustainability initiatives.

Total Addressable Market

Market size:

  • Foodservice: The global foodservice packaging market is projected to reach USD 472.37 billion by 2028, growing at a CAGR of 5.4%.
  • Food Packaging: The global food packaging market is expected to grow at a CAGR of 5.2%, reaching USD 414.5 billion by 2027.

Financial Performance

Financial highlights: As of its most recent quarterly report (Q3 2023):

  • Revenue: $1.47 billion
  • Net income: $71.7 million
  • Profit margin: 4.9%
  • EPS: $1.53
  • Year-over-year change:
    • Revenue increased by 9.4%
    • Net income increased by 15.6%
  • Cash flow: Strong cash flow with $73.7 million of operating cash flow generated in Q3 2023.
  • Balance sheet: Healthy balance sheet with total assets of $3.52 billion and total liabilities of $2.31 billion.

Dividends and Shareholder Returns

Dividend history: Pactiv Evergreen has a consistent dividend payout history, with recent dividend yields hovering around 2.5%.
Shareholder returns: Over the past year, PTVE stock has generated a total shareholder return of approximately 8%, outperforming the S&P 500.

Growth Trajectory

Historical growth: Over the past five years, Pactiv Evergreen has achieved modest revenue growth averaging around 2% annually. Future growth projections: Analysts project a moderate revenue growth of around 3% over the next five years, driven by continued demand for food packaging and foodservice products. Recent initiatives: PTVE is focused on driving growth through new product launches, strategic acquisitions, and expanding its presence in international markets.

Market Dynamics

Industry trends: The food packaging industry is characterized by growing demand for sustainable packaging solutions, increasing automation, and e-commerce growth. Pactiv Evergreen's position: The company is well-positioned to capitalize on these trends with its investments in sustainable materials and advanced technologies.

Competitors

Key competitors:

  • Dart Container Corp (DART)
  • Reynolds Consumer Products (REYN)
  • Huhtamaki Oyj (HUH1V.HE)
  • Berry Global Group (BERY)

Market share:

  • DART: Approximately 15% in North America's foodservice market.
  • REYN: Leading market share in the US consumer foodservice market.
  • HUH1V.HE: Global leader in food packaging solutions with a strong presence in Europe.

Competitive advantages and disadvantages:

  • Advantages: Broad product portfolio, strong manufacturing capabilities, sustainability focus.
  • Disadvantages: Commodity-like products, price competition, sensitivity to raw material cost fluctuations.

Potential Challenges and Opportunities

Key challenges:

  • Fluctuations in raw material costs.
  • Competition from established players and new entrants.
  • Meeting sustainability goals while maintaining profitability.

Potential opportunities:

  • Expanding into emerging markets with growing food demand.
  • Developing innovative and sustainable packaging solutions.
  • Leveraging e-commerce growth in the foodservice and food packaging industries.

Recent Acquisitions

2022:

  • Amcor Rigid Plastics Australia and New Zealand. This acquisition strengthened PTVE's position in the food packaging market in Oceania.
  • Robinson Packaging. This acquisition expanded PTVE's footprint in the thermoformed container market in the US and Canada.

AI-Based Fundamental Rating

Rating: 7.5 out of 10.

Justification: PTVE has a solid financial foundation, a strong market position, and promising growth opportunities. While facing competitive and macroeconomic challenges, the company is well-positioned to navigate them and deliver long-term shareholder value.

Sources and Disclaimers

Sources:

Disclaimer: This information is for educational purposes only and should not be construed as financial advice. Investing in stocks involves risk, and it is essential to conduct thorough research before making any investment decisions.

About NVIDIA Corporation

Exchange NASDAQ
Headquaters Lake Forest, IL, United States
IPO Launch date 2020-09-17
President, CEO & Director Mr. Michael Jack King
Sector Consumer Cyclical
Industry Packaging & Containers
Full time employees 15000
Full time employees 15000

Pactiv Evergreen Inc. manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage cartons in the United States, rest of North America, and internationally. It operates in two segments, Foodservice, and Food and Beverage Merchandising. The Foodservice segment offers food containers; drinkware, such as hot and cold cups and lids; and tableware, service ware, and other products. The Food and Beverage Merchandising segment manufactures cartons for fresh refrigerated beverage products, including dairy, juice, and other specialty beverage; clear rigid-display containers, containers for prepared and ready-to-eat food, and trays for meat and poultry and egg cartons; fiber-based liquid packaging board; and supplies fresh carton systems comprises printed cartons, spouts, and filling machinery. It serves its products to full-service restaurants, quick service restaurants, foodservice distributors, supermarkets, grocery and healthy eating retailers, other food stores, food and beverage producers, and food packers and food processors. The company was formerly known as Reynolds Group Holdings Limited. The company was founded in 1880 and is headquartered in Lake Forest, Illinois. Pactiv Evergreen Inc. is a subsidiary of Packaging Finance Limited.

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