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SEE

52.76USD-0.53(-0.99%)Market Closed

Sealed Air Corp

Market Summary

USD52.76-0.53Market Closed
-0.99%

SEE Alerts

SEE Stock Price

RSI Chart

Valuation

Market Cap

6.9B

Price/Earnings

12.57

Price/Sales

1.2

Price/Cashflow

9.59

MarketCap/EBT

9.04

Price/Sales

Profitability

Operating Margin

31.08%

EBT Margin

13.29%

Return on Equity

276.26%

Return on Assets

9.04%

Fundamentals

Revenue

Revenue (TTM)

5.8B

Revenue Y/Y

-0.45%

Revenue Q/Q

-1.24%

Earnings

Earnings (TTM)

578.2M

Earnings Y/Y

24.61%

Earnings Q/Q

17.82%

Price Action

52 Week Range

70.72
(Low)(High)

Last 7 days

1.8%

Last 30 days

21.4%

Last 90 days

-1.7%

Trailing 12 Months

-16.5%

Financial Health

Current Ratio

1.34

Debt/Equity

18.3

Debt/Cashflow

0.2

Investor Care

Dividend Yield

1.68%

Dividend/Share (TTM)

0.8

Buy Backs (1Y)

2.36%

Diluted EPS (TTM)

3.88

Peers (Alternatives to Sealed Air)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
17.5B
14.8B
9.99% 9.28%
21.73
1.2
12.53% -11.45%
15.2B
21.1B
9.55% -19.19%
7.87
0.72
-0.23% 7.29%
13.9B
9.2B
9.41% -8.75%
18.36
1.56
11.94% 9.08%
11.3B
8.4B
8.30% 2.42%
11.06
1.34
18.63% 60.73%
MID-CAP
8.7B
21.3B
6.11% -17.91%
9.43
0.42
13.39% 12.68%
7.1B
9.0B
-0.13% 12.52%
17.48
0.78
32.58% 76.70%
6.9B
5.8B
21.40% -16.47%
12.57
1.2
7.94% 23.52%
6.6B
3.3B
8.33% -9.73%
27.83
1.98
5.62% -0.96%
6.3B
7.0B
5.70% 4.09%
14.94
0.97
26.89% 367.69%
6.0B
14.5B
28.46% -13.09%
7.93
0.41
4.66% 4.50%
2.4B
999.6M
1.27% 44.25%
215.4
2.37
3.34% -90.08%
SMALL-CAP
1.8B
1.1B
1.57% 27.74%
12.39
1.64
17.45% 247.74%
727.8M
886.3M
10.13% 19.14%
13.45
0.82
26.73% 84.79%
699.9M
318.9M
8.98% 77.82%
33.66
2.57
63.43% 117.03%
6.9M
124.0M
-8.51% -75.85%
2.38
0.05
-16.37% 89.55%

Financials for Sealed Air

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue-0.1%5,7685,7745,6845,5345,343
Gross Profit1.7%1,8241,7941,7571,6811,630
  S&GA Expenses0.8%802796789772767
Earnings Before Taxes3.9%797768765716654
Net Income4.8%578552546507468
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-0.5%6,0756,1056,1176,2296,160
  Current Assets1.0%2,0312,0111,9472,0701,971
    Cash Equivalents-11.5%249281278561394
  Inventory3.2%962933844726741
  Net PPE-1.2%1,2311,2461,2521,2321,209
  Goodwill-0.8%2,1572,1742,1922,1892,213
Liabilities-0.8%5,8575,9065,9275,9816,032
  Current Liabilities24.7%1,8771,5051,4832,0071,925
.    Short Term Borrowings33.3%22110
  Long Term Debt-11.5%3,2363,6553,6903,7313,315
    LT Debt, Current-487----
Shareholder's Equity9.3%218200190249128
  Retained Earnings3.5%3,0982,9942,9092,7912,640
  Additional Paid-In Capital0.5%2,1452,1342,1232,1232,113
Accumulated Depreciation-2.0%2,4412,4912,5032,4842,497
Shares Outstanding-0.4%145145146148149
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-9.7%653723678710704
  Share Based Compensation4.3%5149514445
Cashflow From Investing-1.8%-155.20-152.50-154.00-125.70-213.00
Cashflow From Financing-12.5%-615.60-547.20-617.60-575.80-423.80
  Dividend Payments-0.6%119120121116111
  Buy Backs0%354354426403343

Risks

What is the probability of a big loss on SEE?

54.2%


Probability that Sealed Air stock will be more than 20% underwater in next one year

37.3%


Probability that Sealed Air stock will be more than 30% underwater in next one year.

15%


Probability that Sealed Air 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 SEE drawdown profile look like?

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

Returns

Cumulative Returns on SEE

13.9%


10-Year Cumulative Returns

3.8%


7-Year Cumulative Returns

3.3%


5-Year Cumulative Returns

12.1%


3-Year Cumulative Returns

What are the long-term rolling returns for SEE?

FIve years rolling returns for Sealed Air.

Which funds bought or sold SEE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
REDUCED
-99.51
-141,453
1,000
-%
2022-11-22
CVA Family Office, LLC
-
-
-7,000
8,000
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
595,000
595,000
0.01%
2022-11-21
Parallax Volatility Advisers, L.P.
NEW
-
1,439,000
1,439,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-3,642,000
11,256,000
0.02%
2022-11-18
Industrial Alliance Investment Management Inc.
REDUCED
-2.75
-59,000
176,000
-%
2022-11-17
CENTRAL TRUST Co
REDUCED
-0.89
-146,000
471,000
0.02%
2022-11-17
M&T Bank Corp
-
-
-91,000
626,000
-%
2022-11-16
Kentucky Retirement Systems Insurance Trust Fund
ADDED
4.27
-56,000
232,000
0.02%
2022-11-16
Kentucky Retirement Systems
ADDED
4.85
-120,000
506,000
0.02%

1–10 of 43

Latest Funds Activity

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

Sealed Air News

openPR

Sterile Medical Packaging Market Size to surge at 6.2% CAGR and Hit USD 44380 million by 2028 | West, Amcor, G.4 hours ago

SEE Fair Value

Sealed Air fair value in different scenarios

The table shows the Fair Value estimates for Sealed Air 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

27.87

-47.18%

37.99

-27.99%

47.57

-9.84%

74.62

41.43%

91.82

74.03%

Current Inflation

26.20

-50.34%

35.40

-32.90%

43.85

-16.89%

65.30

23.77%

79.76

51.18%

Very High Inflation

24.04

-54.44%

32.13

-39.10%

39.18

-25.74%

54.46

3.22%

65.84

24.79%

Historical Sealed Air Fair Value Estimates


Recent SEC filings of Sealed Air

View All Filings
Date Filed Form Type Document
Nov 07, 2022
4
Insider Trading
Nov 04, 2022
4
Insider Trading
Nov 04, 2022
4
Insider Trading
Nov 01, 2022
8-K
Current Report
Nov 01, 2022
8-K
Current Report
Nov 01, 2022
10-Q
Quarterly Report
Oct 11, 2022
8-K
Current Report
Sep 19, 2022
4
Insider Trading
Sep 01, 2022
4
Insider Trading
Aug 31, 2022
8-K
Current Report

Latest Insider Trading transactions for SEE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-04
Whitaker Jerry R.
BOUGHT
21,780
43.56
500
-
2022-11-03
Ahmad Zubaid
BOUGHT
50,544
42.12
1,200
-
2022-11-02
Pupkin Sergio A
BOUGHT
44,330
44.33
1,000
Senior Vice President
2022-09-18
Doheny Edward L II
SOLD (Taxes)
-756,702
48.65
-15,554
President and CEO
2022-08-31
Chammas Emile Z.
BOUGHT
54,079
54.079
1,000
SVP & COO
2022-08-26
Keizer Henry R.
BOUGHT
27,625
55.25
500
-
2022-08-03
Pupkin Sergio A
BOUGHT
57,658
57.658
1,000
Senior Vice President
2022-08-03
Doheny Edward L II
BOUGHT
256,274
56.9498
4,500
President and CEO
2022-08-02
Assis Alessandra Faccin
SOLD (Taxes)
-18,648.4
56.17
-332
President, APAC
2022-07-01
Pupkin Sergio A
SOLD (Taxes)
-29,550
59.1
-500
Senior Vice President

1–10 of 50

Edward L. Doheny
16500
Sealed Air Corporation provides food safety and security, and product protection solutions and equipment in North America, South America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Food and Protective. The Food segment offers integrated packaging materials and automation equipment solutions to provide food safety and shelf life extension, reduce food waste, automate processes, and optimize total cost for food processors in the fresh red meat, smoked and processed meats, poultry, seafood, plant-based, and dairy markets under the CRYOVAC, CRYOVAC Grip & Tear, CRYOVAC Darfresh, Simple Steps, and Optidure brands. This segment sells its solutions directly to customers through its sales, marketing, and customer service personnel. The Protective segment provides foam, inflatable, suspension and retention, temperature assurance packaging solutions to protect goods to e-commerce, consumer goods, pharmaceutical and medical devices, and industrial manufacturing markets under the SEALED AIR, BUBBLE WRAP, AUTOBAG, SEALED AIR, AUTOBAG, Instapak, Korrvu, Kevothermal, and TempGuard brands. This segment sells its solutions through supply distributors, as well as directly to fabricators, original equipment manufacturers, contract manufacturers, logistics partners, and e-commerce/fulfillment operations. Sealed Air Corporation was incorporated in 1960 and is headquartered in Charlotte, North Carolina.

SEE Income Statement

2022-09-30
Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Net sales$ 1,400.4$ 1,406.7$ 4,236.0$ 4,002.3
Cost of sales966.81,003.02,887.12,796.8
Gross profit433.6403.71,348.91,205.5
Selling, general and administrative expenses196.3190.3600.5571.2
Amortization expense of intangible assets8.79.727.029.1
Restructuring charges (Note 12)0.62.44.64.5
Operating profit228.0201.3716.8600.7
Interest expense, net(40.9)(42.4)(119.3)(127.6)
Other expense, net (Note 21)(3.1)(4.5)(47.4)(3.9)
Earnings before income tax provision184.0154.4550.1469.2
Income tax provision (Note 17)51.446.6153.5147.0
Net earnings from continuing operations132.6107.8396.6322.2
Gain (Loss) on sale of discontinued operations, net of tax1.6(0.1)0.73.7
Net earnings$ 134.2$ 107.7$ 397.3$ 325.9
Basic:    
Continuing operations (in dollars per share)$ 0.91$ 0.72$ 2.71$ 2.12
Discontinued operations (in dollars per share)0.0100.010.03
Net earnings per common share - basic (in dollars per share)0.920.722.722.15
Diluted:    
Continuing operations (in dollars per share)0.910.712.682.10
Discontinued operations (in dollars per share)0.0100.010.03
Net earnings per common share - diluted (n dollars per share)$ 0.92$ 0.71$ 2.69$ 2.13
Weighted average number of common shares outstanding: (Note 22)    
Basic (in shares)145.2149.9146.3151.8
Diluted (in shares)146.6151.4147.8153.2

SEE Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 248.8$ 561.0
Trade receivables, net of allowance for credit losses of $12.0 in 2022 and $11.1 in 2021637.3620.3
Income tax receivables20.828.8
Other receivables95.883.7
Inventories, net of inventory reserves of $28.8 in 2022 and $24.1 in 2021 (Note 7)962.4725.7
Prepaid expenses and other current assets66.150.1
Total current assets2,031.22,069.6
Property and equipment, net (Note 8)1,231.01,232.0
Goodwill (Note 9)2,157.12,189.4
Identifiable intangible assets, net (Note 9)140.6152.6
Deferred taxes117.1138.4
Non-current assets held for sale0.01.5
Operating lease right-of-use-assets (Note 4)70.163.8
Other non-current assets328.0382.0
Total assets6,075.16,229.3
Current liabilities:  
Short-term borrowings (Note 13)2.41.3
Current portion of long-term debt (Note 13)401.0487.2
Current portion of operating lease liabilities (Note 4)22.421.2
Accounts payable912.5959.9
Accrued restructuring costs (Note 12)8.510.2
Income tax payable26.022.7
Other current liabilities504.2504.8
Total current liabilities1,877.02,007.3
Long-term debt, less current portion (Note 13)3,235.73,219.6
Long-term operating lease liabilities, less current portion (Note 4)51.944.5
Deferred taxes51.946.7
Non-current liabilities held for sale0.00.9
Other non-current liabilities640.4661.6
Total liabilities5,856.95,980.6
Commitments and contingencies (Note 18)
Stockholders’ equity:  
Preferred stock, $0.10 par value per share, 50,000,000 shares authorized; no shares issued in 2022 and 20210.00.0
Common stock, $0.10 par value per share, 400,000,000 shares authorized; shares issued: 233,215,334 in 2022 and 232,483,281 in 2021; shares outstanding: 144,653,991 in 2022 and 148,099,157 in 202123.323.2
Additional paid-in capital2,145.22,123.4
Retained earnings3,098.32,790.7
Common stock in treasury, 88,561,343 shares in 2022 and 84,384,124 shares in 2021(4,019.1)(3,754.7)
Accumulated other comprehensive loss, net of taxes (Note 20)(1,029.5)(933.9)
Total stockholders’ equity218.2248.7
Total liabilities and stockholders’ equity$ 6,075.1$ 6,229.3