Financials Ball Corporation

Equities

BALL

US0584981064

Non-Paper Containers & Packaging

Market Closed - Nyse 04:00:01 2024-04-26 pm EDT 5-day change 1st Jan Change
69.8 USD +6.65% Intraday chart for Ball Corporation +7.47% +21.35%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 21,155 30,480 31,181 16,054 18,136 21,974 - -
Enterprise Value (EV) 1 27,174 36,914 38,355 24,454 26,010 26,469 26,883 26,756
P/E ratio 39 x 52.9 x 36.3 x 22.7 x 25.8 x 23.7 x 21.6 x 18.8 x
Yield 0.85% 0.64% 0.73% 1.56% 1.39% 1.15% 1.26% 1.36%
Capitalization / Revenue 1.84 x 2.59 x 2.26 x 1.05 x 1.29 x 1.8 x 1.73 x 1.67 x
EV / Revenue 2.37 x 3.13 x 2.78 x 1.59 x 1.85 x 2.17 x 2.12 x 2.03 x
EV / EBITDA 14.7 x 19.1 x 18 x 12.5 x 12.3 x 13.5 x 13.2 x 12.5 x
EV / FCF 28.6 x 116 x 1,128 x -18.1 x 31.8 x -91.4 x 27.8 x 25.1 x
FCF Yield 3.5% 0.86% 0.09% -5.52% 3.14% -1.09% 3.6% 3.98%
Price to Book 7.12 x 9.32 x 8.52 x 4.64 x 4.82 x 7.17 x 8.03 x 7.11 x
Nbr of stocks (in thousands) 327,130 327,112 323,894 313,920 315,301 314,820 - -
Reference price 2 64.67 93.18 96.27 51.14 57.52 69.80 69.80 69.80
Announcement Date 2/6/20 2/4/21 1/27/22 2/2/23 2/1/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 11,474 11,781 13,811 15,349 14,029 12,188 12,680 13,156
EBITDA 1 1,854 1,933 2,133 1,957 2,112 1,954 2,033 2,149
EBIT 1 1,331 1,415 1,585 1,420 1,561 1,505 1,523 1,628
Operating Margin 11.6% 12.01% 11.48% 9.25% 11.13% 12.34% 12.01% 12.37%
Earnings before Tax (EBT) 1 608 687 1,008 884 814 987.3 1,071 -
Net income 1 566 585 878 719 707 913.7 1,023 1,090
Net margin 4.93% 4.97% 6.36% 4.68% 5.04% 7.5% 8.07% 8.28%
EPS 2 1.660 1.760 2.650 2.250 2.230 2.945 3.234 3.704
Free Cash Flow 1 950 319 34 -1,350 818 -289.7 967.6 1,064
FCF margin 8.28% 2.71% 0.25% -8.8% 5.83% -2.38% 7.63% 8.09%
FCF Conversion (EBITDA) 51.24% 16.5% 1.59% - 38.73% - 47.59% 49.54%
FCF Conversion (Net income) 167.84% 54.53% 3.87% - 115.7% - 94.58% 97.68%
Dividend per Share 2 0.5500 0.6000 0.7000 0.8000 0.8000 0.8000 0.8818 0.9462
Announcement Date 2/6/20 2/4/21 1/27/22 2/2/23 2/1/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 3,553 3,674 3,716 4,134 3,951 3,548 3,489 3,566 3,571 3,403 2,874 3,132 3,195 3,004 3,006
EBITDA 1 554 571 514 528 517 398 513 485 545 569 459 466.8 516.6 509.7 445.8
EBIT 1 417 424 366 392 393 269 381 349 406 425 339 352.1 400.8 398.7 312.2
Operating Margin 11.74% 11.54% 9.85% 9.48% 9.95% 7.58% 10.92% 9.79% 11.37% 12.49% 11.8% 11.24% 12.54% 13.28% 10.38%
Earnings before Tax (EBT) 1 169 299 541 -177 444 76 214 206 203 191 101 222.6 287.6 254.5 206.4
Net income 1 179 297 446 -174 392 55 177 173 203 154 3,685 211 264 265.4 191.3
Net margin 5.04% 8.08% 12% -4.21% 9.92% 1.55% 5.07% 4.85% 5.68% 4.53% 128.22% 6.74% 8.26% 8.84% 6.36%
EPS 2 0.5400 0.9000 1.370 -0.5500 1.240 0.1700 0.5600 0.5500 0.6400 0.4900 11.61 0.6262 0.8081 0.7793 0.6016
Dividend per Share 2 0.2000 0.2000 0.2000 0.2000 0.2000 - 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000
Announcement Date 11/4/21 1/27/22 5/5/22 8/4/22 11/3/22 2/2/23 5/4/23 8/3/23 11/2/23 2/1/24 4/26/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 6,019 6,434 7,174 8,400 7,874 4,495 4,909 4,782
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.246 x 3.329 x 3.363 x 4.292 x 3.728 x 2.301 x 2.414 x 2.225 x
Free Cash Flow 1 950 319 34 -1,350 818 -943 951 1,043
ROE (net income / shareholders' equity) 26.2% 31.1% 33% 24.7% 25% 28.2% 35.8% 40.6%
ROA (Net income/ Total Assets) 5.08% 5.54% 6.1% 4.5% 4.69% 7.2% 6.43% 7.04%
Assets 1 11,147 10,554 14,405 15,987 15,067 12,691 15,912 15,486
Book Value Per Share 2 9.080 10.00 11.30 11.00 11.90 9.740 8.690 9.820
Cash Flow per Share 2 4.550 4.300 5.310 0.9400 5.880 0.3800 5.430 -
Capex 1 598 1,113 1,726 1,651 1,045 665 602 594
Capex / Sales 5.21% 9.45% 12.5% 10.76% 7.45% 5.46% 4.75% 4.51%
Announcement Date 2/6/20 2/4/21 1/27/22 2/2/23 2/1/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
18
Last Close Price
69.8 USD
Average target price
66.88 USD
Spread / Average Target
-4.19%
Consensus
  1. Stock Market
  2. Equities
  3. BALL Stock
  4. Financials Ball Corporation