Crown Holdings Inc Stock Research

Market Summary

USD78.33+0.33

Market Closed

0.42%

CCK Alerts

Big jump in Earnings (Y/Y)

CCK Stock Price

CCK RSI Chart

CCK Valuation

Market Cap

9.4B

Price/Earnings (Trailing)

12.92

Price/Sales (Trailing)

0.73

EV/EBITDA

11.68

Price/Free Cashflow

-1.5K

CCK Price/Sales (Trailing)

CCK Profitability

EBT Margin

8.16%

Return on Equity

39.32%

Return on Assets

5.08%

Free Cashflow Yield

-0.07%

CCK Fundamentals

CCK Revenue

Revenue (TTM)

12.9B

Revenue Y/Y

-1.38%

Revenue Q/Q

-7.58%

CCK Earnings

Earnings (TTM)

727.0M

Earnings Y/Y

108.89%

Earnings Q/Q

-29.92%

Price Action

52 Week Range

65.81129.46

(Low)(High)

Last 7 days

-8.6%

Last 30 days

-8.9%

Last 90 days

-1.8%

Trailing 12 Months

-38.2%

CCK Financial Health

Current Ratio

1.18

Debt/Equity

3.68

Debt/Cashflow

0.12

CCK Investor Care

Buy Backs (1Y)

4.90%

Diluted EPS (TTM)

5.99

Peers (Alternatives to Crown Holdings)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
IP	15.6B	21.2B	-10.97%	-17.49%	10.35	0.74	9.29%	-14.16%
AVY	13.9B	9.0B	-7.59%	2.89%	18.33	1.54	7.50%	2.30%
PKG	13.4B	8.5B	-9.56%	-13.97%	12.92	1.56	9.67%	22.43%
MID-CAP
CCK	9.4B	12.9B	-8.91%	-38.16%	12.92	0.73	13.59%	229.82%
ATR	7.4B	3.3B	1.44%	-3.61%	30.76	2.22	2.94%	-1.97%
SEE	6.5B	5.6B	-11.56%	-32.88%	13.18	1.15	1.95%	-3.00%
BERY	6.0B	14.0B	-12.15%	-5.21%	7.93	0.41	-2.13%	3.73%
SLGN	5.6B	6.4B	-5.64%	14.94%	16.55	0.88	12.94%	-5.08%
OI	3.4B	6.9B	-3.52%	77.16%	5.78	0.49	7.85%	291.95%
CRS	2.0B	2.2B	-17.02%	14.69%	-365.19	0.95	38.38%	96.05%
SMALL-CAP
KALU	1.0B	3.4B	-23.23%	-22.64%	-35.34	0.31	41.60%	-60.00%
UFPT	860.4M	318.9M	0.36%	99.41%	23.54	2.7	63.43%	117.03%
MYE	728.6M	881.1M	-16.62%	8.31%	13.47	0.83	25.99%	84.79%

Financials for Crown Holdings

Income Statement (Last 12 Months)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	-0.3%	12,943,000,000	12,985,000,000	12,646,000,000	11,992,000,000	11,394,000,000
S&GA Expenses	-1.4%	556,000,000	564,000,000	590,000,000	597,000,000	583,000,000
R&D Expenses	-	47,000,000	-	-	-	-
EBITDA	1130.8%	1,340,000,000	-130,000,000	-58,000,000	-137,000,000	-
EBITDA Margin	1134.1%	0.10	-0.01	0.00	-0.01	-
Earnings Before Taxes	382.4%	1,056,000,000	-374,000,000	-292,000,000	-375,000,000	-419,000,000
EBT Margin	383.3%	0.08	-0.03	-0.02	-0.03	-
Interest Expenses	16.4%	284,000,000	244,000,000	234,000,000	238,000,000	253,000,000
Net Income	343.1%	727,000,000	-299,000,000	-324,000,000	-480,000,000	-560,000,000
Net Income Margin	343.9%	0.06	-0.02	-0.03	-0.05	-
Free Cahsflow	58.7%	-6,333,333	-15,333,333	269,333,333	330,333,333	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	0.5%	14,301	14,224	14,399	14,430	13,858
Current Assets	-6.2%	4,659	4,967	5,101	5,062	4,495
Cash Equivalents	49.5%	550	368	438	389	531
Inventory	-7.8%	2,014	2,184	2,197	2,063	1,735
Net PPE	6.4%	4,540	4,265	4,133	4,083	4,036
Goodwill	3.9%	2,951	2,841	2,943	3,006	3,007
Current Liabilities	-1.9%	3,932	4,010	5,356	5,106	4,133
. Short Term Borrowings	-8.4%	76.00	83.00	76.00	96.00	75.00
Long Term Debt	3.8%	6,803	6,554	6,791	6,187	-
LT Debt, Current	16.0%	109	94.00	1,088	1,137	135
LT Debt, Non Current	1.2%	6,792	6,709	5,466	5,654	6,052
Shareholder's Equity	11.0%	1,849	1,666	2,190	2,260	1,912
Retained Earnings	-1.2%	3,141	3,180	-	-	-
Additional Paid-In Capital	NaN%	-	-	-	-	-
Shares Outstanding	-4.9%	120	126	-	-	-
Minority Interest	-6.6%	438	469	451	440	418

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	1.1%	803	794	932	989	905
Share Based Compensation	0%	29.00	29.00	32.00	32.00	33.00
Cashflow From Investing	7.8%	-642	-696	1,688	1,510	1,507
Cashflow From Financing	98.6%	-25.00	-1,799	-2,559	-2,568	-2,944
Dividend Payments	0%	106	106	105	105	105
Buy Backs	-22.1%	722	927	1,240	1,288	950

Risks for CCK

What is the probability of a big loss on CCK?

69.6%

Probability that Crown Holdings stock will be more than 20% underwater in next one year

41.1%

Probability that Crown Holdings stock will be more than 30% underwater in next one year.

26.5%

Probability that Crown Holdings stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CCK drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Crown Holdings was unfortunately bought at previous high price.

Drawdowns

Returns for CCK

Cumulative Returns on CCK

7.0%

10-Year Cumulative Returns

7.3%

7-Year Cumulative Returns

9.1%

5-Year Cumulative Returns

9.9%

3-Year Cumulative Returns

What are the long-term rolling returns for CCK?

FIve years rolling returns for Crown Holdings.

Annualized Returns

Which funds bought or sold CCK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	added	25.91	70,047,300	322,523,000	0.35%
2023-03-06	Rockefeller Capital Management L.P.	added	291	651,000	869,000	-%
2023-03-03	TIAA, FSB	reduced	-56.11	-952,954	765,046	-%
2023-03-02	OLIVER LAGORE VANVALIN INVESTMENT GROUP	reduced	-0.59	337	97,337	0.06%
2023-02-28	Voya Investment Management LLC	reduced	-94.7	-128,768,000	7,311,760	0.01%
2023-02-27	ST GERMAIN D J CO INC	new	-	12,332	12,332	-%
2023-02-24	NATIXIS	added	39.41	7,881,110	26,899,100	0.15%
2023-02-24	National Pension Service	unchanged	-	140	6,001	-%
2023-02-22	CVA Family Office, LLC	reduced	-97.44	-15,589	411	-%
2023-02-21	MACQUARIE GROUP LTD	added	29.4	3,602,980	15,122,000	0.02%

Latest Funds Activity

Are funds buying CCK calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own CCK

No. of Funds

CCK Alerts

Big jump in Earnings (Y/Y)

Crown Holdings News

Schedule 13G FIlings of Crown Holdings

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 10, 2023	janus henderson group plc	5.4%	6,443,206	SC 13G/A
Feb 09, 2023	vanguard group inc	9.55%	11,449,276	SC 13G/A
Feb 03, 2023	blackrock inc.	5.5%	6,642,300	SC 13G
Dec 13, 2022	icahn carl c	-	0	SC 13D/A
Feb 09, 2022	vanguard group inc	9.09%	11,621,607	SC 13G/A
Oct 08, 2021	blackrock inc.	5.0%	6,512,908	SC 13G/A
Aug 09, 2021	jpmorgan chase & co	0.6%	894,688	SC 13G/A
Aug 09, 2021	jpmorgan chase & co	0.6%	894,688	SC 13G/A
Aug 09, 2021	jpmorgan chase & co	0.6%	894,688	SC 13G/A
Feb 11, 2021	janus henderson group plc	5.4%	7,323,332	SC 13G/A

CCK Fair Value

Crown Holdings fair value in different scenarios

The table shows the Fair Value estimates for Crown Holdings for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	39.56 -49.50%	63.50 -18.93%	84.75 8.20%	116.02 48.12%	143.24 82.87%
Current Inflation	36.73 -53.11%	57.45 -26.66%	75.28 -3.89%	101.60 29.71%	124.40 58.82%
Very High Inflation	33.18 -57.64%	50.13 -36.00%	64.09 -18.18%	84.84 8.31%	102.68 31.09%

Historical Crown Holdings Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Crown Holdings

View All Filings

Date Filed	Form Type	Document
Feb 27, 2023	10-K	Annual Report
Feb 27, 2023	4	Insider Trading
Feb 27, 2023	4	Insider Trading
Feb 27, 2023	4	Insider Trading
Feb 17, 2023	4	Insider Trading
Feb 17, 2023	4	Insider Trading
Feb 17, 2023	4	Insider Trading
Feb 17, 2023	4	Insider Trading
Feb 17, 2023	4/A	Insider Trading
Feb 17, 2023	4/A	Insider Trading

Latest Insider Trading transactions for CCK

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-02-24	Gifford Gerard H	acquired	-	-	8,655	evp & coo
2023-02-24	NOVAES DJALMA JR	sold (taxes)	-335,302	85.58	-3,918	president - americas division
2023-02-24	NOVAES DJALMA JR	acquired	-	-	4,978	president - americas division
2023-02-24	Gifford Gerard H	sold (taxes)	-582,971	85.58	-6,812	evp & coo
2023-02-24	DONAHUE TIMOTHY J	sold (taxes)	-1,992,470	85.58	-23,282	president & ceo
2023-02-24	DONAHUE TIMOTHY J	acquired	-	-	29,583	president & ceo
2023-02-16	LYNN JESSE	acquired	40,079	86.192	465	-
2023-02-16	HAGGE STEPHEN J	acquired	40,079	86.192	465	-
2023-02-16	Muller Josef M	acquired	40,079	86.192	465	-
2023-02-16	Snyder Angela M	acquired	40,079	86.192	465	-

About Crown Holdings

Timothy J. Donahue

www.crowncork.com

26000

Crown Holdings, Inc. designs, manufactures, and sells packaging products and equipment for consumer goods and industrial products in the Americas, Europe, and the Asia Pacific. It offers products for consumer goods, including steel and aluminum cans for food and beverage industries. The company also provides products for industrial products, such as steel and plastic strap consumables and equipment, paper-based protective packaging, and plastic film consumables and equipment to metals, food and beverage, construction, agricultural, corrugated, and general industries. In addition, it offers other consumer products, glass bottles for beverage products, steel crowns, aluminum caps, steel strap, plastic strap, industrial film, and other related products, as well as equipment and tools, such as manual, semi-automatic, and automatic equipment and tools used in end of line manufacturing applications to apply industrial solutions consumables. Crown Holdings, Inc. was founded in 1892 and is headquartered in Yardley, Pennsylvania.

CCK Income Statement

2022-12-31

Consolidated Statements of Operations - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Net sales	$ 12,943	$ 11,394	$ 9,392
Cost of products sold, excluding depreciation and amortization	10,643	9,029	7,359
Depreciation and amortization	460	447	422
Selling and administrative expense	556	583	533
Restructuring and other, net	(52)	(28)	30
Income from operations	1,336	1,363	1,048
Loss from early extinguishments of debt	11	68	0
Other pension and postretirement	(16)	1,515	43
Interest expense	284	253	290
Interest income	(15)	(9)	(8)
Foreign exchange	16	(45)	(2)
Income / (loss) from continuing operations before income taxes and equity in net earnings of affiliates	1,056	(419)	725
Provision for / (benefit from) income taxes	243	(57)	199
Equity in net earnings of affiliates	42	3	6
Net income / (loss) from continuing operations	855	(359)	532
Net (loss) / income from discontinued operations	0	(52)	156
Net income / (loss)	855	(411)	688
Net income from continuing operations attributable to noncontrolling interests	128	148	108
Net income from discontinued operations attributable to noncontrolling interests	0	1	1
Net income / (loss) attributable to Crown Holdings	727	(560)	579
Net income / (loss) from continuing operations attributable to Crown Holdings	727	(507)	424
Net (loss) / income from discontinued operations attributable to Crown Holdings	$ 0	$ (53)	$ 155
Earnings per common share attributable to Crown Holdings:
Basic earnings / (loss) per common share from continuing operations (in dollars per share)	$ 6.01	$ (3.89)	$ 3.18
Basic (loss) / earnings per common share from discontinued operations (in dollars per share)	0	(0.41)	1.16
Basic (in dollars per share)	6.01	(4.30)	4.34
Diluted earnings / (loss) per common share from continuing operations (in dollars per share)	5.99	(3.89)	3.15
Diluted (loss) / earnings per common share from discontinued operations (in dollars per share)	0	(0.41)	1.15
Diluted (in dollars per share)	$ 5.99	$ (4.30)	$ 4.30

CCK Balance Sheet

2022-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 550	$ 531
Receivables, net	1,843	1,889
Inventories	2,014	1,735
Prepaid expenses and other current assets	252	243
Current assets held for sale	0	97
Total current assets	4,659	4,495
Goodwill	2,951	3,007
Intangible assets, net	1,358	1,525
Property, plant and equipment, net	4,540	4,036
Operating lease right-of-use assets, net	221	191
Other non-current assets	572	604
Total assets	14,301	13,858
Current liabilities
Short-term debt	76	75
Current maturities of long-term debt	109	135
Current portion of operating lease liabilities	44	42
Accounts payable	2,773	2,901
Accrued liabilities	930	966
Current liabilities held for sale	0	14
Total current liabilities	3,932	4,133
Long-term debt, excluding current maturities	6,792	6,052
Postretirement and pension liabilities	394	497
Non-current portion of operating lease liabilities	184	150
Other non-current liabilities	712	696
Commitments and contingent liabilities (Note P)
Equity
Noncontrolling interests	438	418
Preferred stock, authorized: 30,000,000; none issued (Note T)	0	0
Common stock, par value: $5.00; 500,000,000 shares authorized; 185,744,072 shares issued; 119,945,302 and 126,131,799 shares outstanding in 2022 and 2021 (Note T)	600	630
Additional paid-in capital	0	0
Retained earnings	3,141	3,180
Accumulated other comprehensive loss	(1,892)	(1,898)
Crown Holdings shareholders’ equity	1,849	1,912
Total equity	2,287	2,330
Total liabilities and equity	$ 14,301	$ 13,858