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PKG

135.58USD-2.24(-1.63%)Market Closed

Packaging Corp of America

Market Summary

USD135.58-2.24Market Closed
-1.63%

PKG Stock Price

RSI Chart

Valuation

Market Cap

11.3B

Price/Earnings

11.06

Price/Sales

1.34

Price/Cashflow

8.58

MarketCap/EBT

8.35

Price/Sales

Profitability

EBT Margin

16.10%

Return on Equity

25.8%

Return on Assets

12.26%

Fundamentals

Revenue

Revenue (TTM)

8.4B

Revenue Y/Y

19.01%

Revenue Q/Q

4.72%

Earnings

Earnings (TTM)

1.0B

Earnings Y/Y

45.44%

Earnings Q/Q

18.61%

Price Action

52 Week Range

109.52165.21
(Low)(High)

Last 7 days

4.2%

Last 30 days

8.9%

Last 90 days

0.7%

Trailing 12 Months

5.3%

Financial Health

Current Ratio

3.07

Debt/Equity

0.63

Debt/Cashflow

0.53

Investor Care

Dividend Yield

3.52%

Dividend/Share (TTM)

4.25

Buy Backs (1Y)

1.32%

Diluted EPS (TTM)

10.81

Peers (Alternatives to Packaging of America)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
15.2B
21.1B
9.85% -17.92%
7.87
0.72
-0.23% 7.29%
13.9B
9.2B
9.62% -6.19%
18.36
1.56
11.94% 9.08%
11.3B
8.4B
8.90% 5.29%
11.06
1.34
18.63% 60.73%
MID-CAP
8.7B
21.3B
6.69% -16.13%
9.43
0.42
13.39% 12.68%
7.1B
9.0B
-1.40% 12.68%
17.48
0.78
32.58% 76.70%
6.9B
5.8B
22.62% -13.22%
12.57
1.2
7.94% 23.52%
6.6B
3.3B
8.03% -8.91%
27.83
1.98
5.62% -0.96%
6.3B
7.0B
5.78% 6.52%
14.94
0.97
26.89% 367.69%
6.0B
14.5B
27.17% -13.12%
7.93
0.41
4.66% 4.50%
SMALL-CAP
1.6B
3.7B
0.10% 75.40%
3.84
0.44
4.04% 16.11%
1.1B
1.9B
-16.30% -38.34%
13.82
0.68
42.79% -13.16%
727.8M
886.3M
10.51% 21.65%
13.45
0.82
26.73% 84.79%
699.9M
318.9M
8.93% 79.31%
33.66
2.57
63.43% 117.03%
537.2M
1.1B
-16.08% -33.97%
-19.54
0.49
38.21% -15.06%

Financials for Packaging of America

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue4.4%8,4178,0607,7307,4017,095
Gross Profit7.0%2,1432,0031,8731,6971,531
Operating Expenses16.8%5850555651
  S&GA Expenses1.8%603593577566549
  R&D Expenses-15
Earnings Before Taxes10.2%1,3551,2291,109994845
Net Income10.1%1,023929841748636
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets2.5%8,3418,1387,8378,6317,674
  Current Assets4.2%2,9902,8692,7333,8052,961
    Cash Equivalents6.2%6676296191,703972
  Inventory1.4%954941903880827
  Net PPE2.5%3,7633,6713,5293,3613,241
  Goodwill-0.1%923923924864864
  Current Liabilities0.5%9739688851,644817
  Long Term Debt-21.9%2,4913,1902,494--
    LT Debt, Current-698----
    LT Debt, Non Current0.0%2,4732,4722,4722,4712,480
Shareholder's Equity4.9%3,9653,7793,6073,6083,444
  Retained Earnings5.4%3,4373,2623,1023,1633,009
  Additional Paid-In Capital1.6%601592579581575
Accumulated Depreciation1.6%4,4924,4234,3434,2914,233
Float-12,670----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations7.4%1,3191,2281,094975989
  Share Based Compensation2.2%3736363332
Cashflow From Investing-4.8%-972.30-928.10-794.40-535.20-517.50
Cashflow From Financing0.5%-651.20-654.50-655.60315-352.70
  Dividend Payments-0.4%377379380360340
  Buy Backs-193

Risks

What is the probability of a big loss on PKG?

43.1%


Probability that Packaging of America stock will be more than 20% underwater in next one year

18.9%


Probability that Packaging of America stock will be more than 30% underwater in next one year.

0%


Probability that Packaging of America 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 PKG drawdown profile look like?

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

Returns

Cumulative Returns on PKG

17.5%


10-Year Cumulative Returns

14.0%


7-Year Cumulative Returns

6.1%


5-Year Cumulative Returns

9.6%


3-Year Cumulative Returns

What are the long-term rolling returns for PKG?

FIve years rolling returns for Packaging of America.

Which funds bought or sold PKG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
ADDED
36.6
191,000
1,849,000
0.08%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
-9,376
43,000
0.03%
2022-11-22
CVA Family Office, LLC
NEW
-
2,000
2,000
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
930,000
930,000
0.01%
2022-11-22
B. Riley Wealth Advisors, Inc.
REDUCED
-25.92
-192,000
293,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-4,047,000
16,937,000
0.03%
2022-11-21
FourThought Financial, LLC
-
-
-4,000
29,000
-%
2022-11-18
National Pension Service
ADDED
8.37
-1,906,000
17,201,000
0.04%
2022-11-18
Industrial Alliance Investment Management Inc.
REDUCED
-91.71
-223,000
16,000
-%
2022-11-17
CENTRAL TRUST Co
REDUCED
-0.13
-97,000
429,000
0.01%

1–10 of 47

Latest Funds Activity

Are funds buying PKG calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own PKG

Packaging of America News

MarketWatch

Packaging Corp. of America stock underperforms Monday when compared to competitors.12 hours ago

PKG Fair Value

Packaging of America fair value in different scenarios

The table shows the Fair Value estimates for Packaging of America 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 ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

116.49

-14.08%

188.52

39.05%

252.54

86.27%

335.36

147.35%

403.53

197.63%

Current Inflation

106.57

-21.40%

167.83

23.79%

220.60

62.71%

290.44

114.22%

346.86

155.83%

Very High Inflation

94.37

-30.40%

143.30

5.69%

183.61

35.43%

238.86

76.18%

282.35

108.25%

Historical Packaging of America Fair Value Estimates


Recent SEC filings of Packaging of America

View All Filings
Date Filed Form Type Document
Nov 03, 2022
10-Q
Quarterly Report
Oct 25, 2022
8-K
Current Report

Latest Insider Trading transactions for PKG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-07-18
KOWLZAN MARK W
ACQUIRED
-
-
33,830
Chairman & CEO
2022-07-18
Shirley Donald R.
SOLD (Taxes)
-301,212
134.29
-2,243
SVP
2022-07-18
Barnes Pamela A.
ACQUIRED
-
-
3,064
SVP
2022-07-18
Mundy Robert P.
ACQUIRED
-
-
8,879
EVP & CFO
2022-07-18
Barnes Pamela A.
SOLD (Taxes)
-182,500
134.29
-1,359
SVP
2022-07-18
Ridley Bruce A
ACQUIRED
-
-
3,064
SVP
2022-07-18
Schneider Robert Andrew
SOLD (Taxes)
-182,500
134.29
-1,359
SVP & CIO
2022-07-18
Hassfurther Thomas A
SOLD (Taxes)
-1,236,540
134.29
-9,208
Exec. VP
2022-07-18
Shirley Donald R.
ACQUIRED
-
-
5,698
SVP
2022-07-18
Carter Charles J.
ACQUIRED
-
-
7,330
EVP-Mill Ops.

1–10 of 50

Mark W. Kowlzan
15200
Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through Packaging and Paper segments. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication papers, including cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.

PKG Income Statement

2022-09-30
Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Net sales$ 2,125.9$ 2,000.1$ 6,499.6$ 5,687.1
Cost of sales(1,607.5)(1,489.4)(4,859.3)(4,324.0)
Gross profit518.4510.71,640.31,363.1
Selling, general and administrative expenses(145.2)(144.5)(462.9)(435.7)
Other expense, net(12.9)(13.4)(44.7)(41.7)
Income from operations360.3352.81,132.7885.7
Non-operating pension income3.65.010.914.8
Interest expense, net(16.5)(23.9)(55.3)(72.2)
Income before taxes347.4333.91,088.3828.3
Provision for income taxes(84.9)(83.2)(270.1)(203.7)
Net income$ 262.5$ 250.7$ 818.2$ 624.6
Net income per common share:    
Basic$ 2.81$ 2.64$ 8.74$ 6.58
Diluted2.802.638.706.55
Dividends declared per common share$ 1.25$ 1.00$ 3.50$ 3.00
Statements of Comprehensive Income:    
Net income$ 262.5$ 250.7$ 818.2$ 624.6
Foreign currency translation adjustment0.40.4
Changes in unrealized losses on marketable debt securities, net of tax of $0.1 million, $0.0 million, $0.5 million, and $0.1 million(0.6)0.0(2.1)(0.2)
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of ($0.4) million, ($0.8) million, ($0.7) million, and ($1.7) million1.22.53.57.5
Other comprehensive income0.62.91.47.7
Comprehensive income$ 263.1$ 253.6$ 819.6$ 632.3

PKG Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 648.7$ 618.7
Short-term marketable debt securities77.786.1
Accounts receivable, net of allowance for credit losses and customer deductions of $20.2 million and $14.3 million as of September 30, 2022 and December 31, 2021, respectively1,112.81,071.0
Inventories994.9902.5
Prepaid expenses and other current assets67.347.0
Federal and state income taxes receivable6.17.4
Total current assets2,907.52,732.7
Property, plant, and equipment, net3,813.23,529.0
Goodwill922.4923.5
Other intangible assets, net277.4308.4
Operating lease right-of-use assets286.8238.3
Long-term marketable debt securities67.160.0
Other long-term assets70.044.9
Total assets8,344.47,836.8
Current liabilities:  
Operating lease obligations72.567.1
Finance lease obligations1.81.7
Accounts payable485.3452.4
Dividends payable118.896.3
Accrued liabilities259.5255.0
Accrued interest25.512.3
Total current liabilities963.4884.8
Long-term liabilities:  
Long-term debt2,473.12,471.5
Operating lease obligations221.4179.3
Finance lease obligations11.312.7
Deferred income taxes513.7465.9
Compensation and benefits129.2157.4
Other long-term liabilities61.158.0
Total long-term liabilities3,409.83,344.8
Commitments and contingent liabilities
Stockholders' equity:  
Common stock, par value $0.01 per share, 300.0 million shares authorized, 93.7 million and 93.5 million shares issued as of September 30, 2022 and December 31, 2021, respectively0.90.9
Additional paid in capital600.6579.4
Retained earnings3,443.53,102.1
Accumulated other comprehensive loss(73.8)(75.2)
Total stockholders' equity3,971.23,607.2
Total liabilities and stockholders' equity$ 8,344.4$ 7,836.8