Added to YB: 2024-05-14
Pitch date: 2024-05-13
WPK.TO [bullish]
Winpak Ltd.
+5.87%
current return
Author Info
Slow Turtle is an investment manager who invests in moats, special sits, commodities, deep value, and all caps. Sign up for the newsletter.
Company Info
Winpak Ltd. manufactures and distributes packaging materials and related packaging machines in the United States, Canada, and Mexico.
Market Cap
CAD 1.9B
Pitch Price
CAD 41.96
Price Target
62.86 (+41%)
Dividend
0.45%
EV/EBITDA
6.15
P/E
13.43
EV/Sales
1.29
Sector
Containers and Packaging
Category
value
Winpak Ltd. - $WPK.TO
WPK.TO: Leading packaging co w/ strong margins & returns. 75% rev indexed to raw mat, 90% from food/healthcare. Organic growth 6% historically from volume/price. Disciplined capital allocation: 50% OCF to capex, 20% to divs, 4% M&A. Trades ~7% FCF yield +6% growth = 13% return. Initiating buyback at 30%+ discount to fair value.
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