PACK - Ranpak Holdings Corp.
NYSE
->
Consumer Cyclical
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Packaging & Containers
Concord Township,
United States
Type: Equity
PACK price evolution
PACK
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $62 | $52.1 | $53.9 | $58.6 |
| Short term investments | ||||
| Net receivables | $31.6 | $32.2 | $34.8 | $34.4 |
| Inventory | $17.3 | $18.6 | $22.4 | $22.6 |
| Total current assets | $124.9 | $123.4 | $139 | $140.2 |
| Long term investments | ||||
| Property, plant & equipment | $165.8 | $156.4 | $149 | $148.9 |
| Goodwill & intangible assets | $795.5 | $794.9 | $807.3 | $815.1 |
| Total noncurrent assets | $997.8 | $995.8 | $999.6 | $1009 |
| Total investments | ||||
| Total assets | $1122.7 | $1119.2 | $1138.6 | $1149.2 |
| Current liabilities | ||||
| Accounts payable | $17.6 | $19.7 | $24.6 | $21.9 |
| Deferred revenue | $2 | $2.8 | $2.7 | $1.6 |
| Short long term debt | $6.3 | $5.3 | $5.1 | $4.1 |
| Total current liabilities | $48 | $45.9 | $49 | $42.9 |
| Long term debt | $422.5 | $415.9 | $418.3 | $418.9 |
| Total noncurrent liabilities | $502.7 | $495.7 | $499.4 | $502.7 |
| Total debt | $428.8 | $421.2 | $423.4 | $423 |
| Total liabilities | $550.7 | $541.6 | $548.4 | $545.6 |
| Shareholders' equity | ||||
| Retained earnings | -$123.8 | -$114.5 | -$111.2 | -$109.1 |
| Other shareholder equity | $2.1 | -$4.61 | $4.2 | $6 |
| Total shareholder equity | $572 | $577.6 | $590.2 | $603.6 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $62 | $62.8 | $103.9 | $48.5 |
| Short term investments | ||||
| Net receivables | $31.6 | $35.1 | $43.7 | $39.1 |
| Inventory | $17.3 | $25 | $32.9 | $16.1 |
| Total current assets | $124.9 | $139.6 | $191.5 | $107.2 |
| Long term investments | ||||
| Property, plant & equipment | $165.8 | $130 | $132.9 | $124.4 |
| Goodwill & intangible assets | $795.5 | $818.8 | $859.5 | $899 |
| Total noncurrent assets | $997.8 | $993.9 | $1021.9 | $1026.3 |
| Total investments | ||||
| Total assets | $1122.7 | $1133.5 | $1213.4 | $1133.5 |
| Current liabilities | ||||
| Accounts payable | $17.6 | $24.3 | $33.5 | $24.9 |
| Deferred revenue | $2 | $0.9 | $3.1 | $1.4 |
| Short long term debt | $6.3 | $3.3 | $3.4 | $0.5 |
| Total current liabilities | $48 | $39.1 | $71.5 | $57.5 |
| Long term debt | $422.5 | $391.7 | $407.1 | $442.3 |
| Total noncurrent liabilities | $502.7 | $481.6 | $505.7 | $553.1 |
| Total debt | $428.8 | $402.7 | $410.5 | $442.8 |
| Total liabilities | $550.7 | $520.7 | $577.2 | $610.6 |
| Shareholders' equity | ||||
| Retained earnings | -$123.8 | -$96.7 | -$55.3 | -$52.5 |
| Other shareholder equity | $2.1 | $5.19 | $2.6 | $10.7 |
| Total shareholder equity | $572 | $612.8 | $636.2 | $522.9 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $90.4 | $82.8 | $81.9 | $81.2 |
| Cost of revenue | $56.3 | $51.3 | $51.7 | $53.7 |
| Gross Profit | $34.1 | $31.5 | $30.2 | $27.5 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $27.4 | $20.9 | $16.3 | $27.2 |
| Total operating expenses | $38.7 | $29.9 | $25.8 | $36.4 |
| Operating income | -$4.6 | $1.6 | $4.4 | -$8.9 |
| Income from continuing operations | ||||
| EBIT | -$4.7 | $2.4 | $4.1 | -$8.8 |
| Income tax expense | -$1.3 | -$1.1 | $0.3 | -$2.1 |
| Interest expense | $5.9 | $6.8 | $5.9 | $5.7 |
| Net income | ||||
| Net income | -$9.3 | -$3.3 | -$2.1 | -$12.4 |
| Income (for common shares) | -$9.3 | -$3.3 | -$2.1 | -$12.4 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $336.3 | $326.5 | $383.9 | $298.2 |
| Cost of revenue | $213 | $226.9 | $235 | $175.6 |
| Gross Profit | $123.3 | $99.6 | $148.9 | $122.6 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $91.8 | $105.5 | $98.3 | $72.5 |
| Total operating expenses | $130.8 | $142.1 | $136.7 | $110.9 |
| Operating income | -$7.5 | -$42.5 | $12.2 | $11.7 |
| Income from continuing operations | ||||
| EBIT | -$7 | -$36 | $17.5 | $5.6 |
| Income tax expense | -$4.2 | -$15.3 | -$2.1 | -$1.2 |
| Interest expense | $24.3 | $20.7 | $22.4 | $30.2 |
| Net income | ||||
| Net income | -$27.1 | -$41.4 | -$2.8 | -$23.4 |
| Income (for common shares) | -$27.1 | -$41.4 | -$2.8 | -$23.4 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$9.3 | -$3.3 | -$2.1 | -$12.4 |
| Operating activities | ||||
| Depreciation | $20.2 | $16.4 | $16.7 | $16.3 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $1.6 | -$5.1 | -$9.5 | $2.8 |
| Total cash flows from operations | $29.6 | $6.4 | $9.1 | $7.5 |
| Investing activities | ||||
| Capital expenditures | -$20.4 | -$6.8 | -$13.4 | -$11.8 |
| Investments | ||||
| Total cash flows from investing | -$20.4 | -$6.8 | -$13.4 | -$11.8 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | $0.6 | -$0.7 | -$0.4 | $0.2 |
| Total cash flows from financing | -$0.4 | -$0.7 | -$0.4 | -$0.3 |
| Effect of exchange rate | $1.1 | -$0.7 | $0.4 | |
| Change in cash and equivalents | $9.9 | -$1.8 | -$4.7 | -$4.2 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$27.1 | -$2.8 | -$23.4 | |
| Operating activities | ||||
| Depreciation | $69.6 | $73.6 | $62.7 | |
| Business acquisitions & disposals | ||||
| Stock-based compensation | -$10.2 | $22.5 | $7.2 | |
| Total cash flows from operations | $52.6 | $54.3 | $63.8 | |
| Investing activities | ||||
| Capital expenditures | -$52.4 | -$55.7 | -$33.2 | |
| Investments | -$14.1 | |||
| Total cash flows from investing | -$52.4 | -$37.5 | -$69.8 | -$34.5 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $104 | |||
| Net borrowings | -$0.3 | -$23.2 | -$1.6 | |
| Total cash flows from financing | -$1.8 | -$4.5 | $72 | -$1.6 |
| Effect of exchange rate | $0.8 | $0.2 | -$1.1 | $1.1 |
| Change in cash and equivalents | -$0.8 | -$41.1 | $55.4 | $28.8 |
News
Fundamentals
| Market cap | $583.19M |
|---|---|
| Enterprise value | $949.99M |
| Shares outstanding | 82.61M |
| Revenue | $336.30M |
|---|---|
| EBITDA | $62.60M |
| EBIT | -$7.00M |
| Net Income | -$27.10M |
| Revenue Q/Q | 13.85% |
| Revenue Y/Y | 3.00% |
| P/E ratio | -21.52 |
|---|---|
| EV/Sales | 2.82 |
| EV/EBITDA | 15.18 |
| EV/EBIT | -135.71 |
| P/S ratio | 1.73 |
| P/B ratio | 1.02 |
| Book/Share | 6.90 |
| Cash/Share | 0.75 |
| EPS | -$0.33 |
|---|---|
| ROA | -2.39% |
| ROE | -4.63% |
| Debt/Equity | 0.96 |
|---|---|
| Net debt/EBITDA | 7.81 |
| Current ratio | 2.60 |
| Quick ratio | 2.24 |