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Added to YB: 2024-03-25

Pitch date: 2023-02-05

CCK [bullish]

Crown Holdings, Inc.

+15.84%

current return

Author Info

No bio for this author

Company Info

Crown Holdings, Inc., together with its subsidiaries, engages in the packaging business in the United States and internationally.

Market Cap

$11.1B

Pitch Price

$84.45

Price Target

175.00 (+79%)

Dividend

1.07%

EV/EBITDA

7.94

P/E

11.99

EV/Sales

1.40

Sector

Containers and Packaging

Category

value

Show full summary:
Crown Holdings, Inc. - $CCK

CCK: #2 global beverage can producer at 9x EBITDA, a 3x discount to BALL. Beverage cans are 72% of EBIT, a defensive biz w/ 4% vol growth since '07. FCF to jump in '24 as capex drops & EU contracts improve. At 7% yield, $150 in '26 (+20% IRR). Rerate to 12x like BALL = $175 (+100%).

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