Financials Sonoco Products Company

Equities

SON

US8354951027

Paper Packaging

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
56.51 USD +0.59% Intraday chart for Sonoco Products Company -1.05% +1.15%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 6,178 5,950 5,692 5,920 5,473 5,552 - -
Enterprise Value (EV) 1 7,714 7,085 7,132 8,915 8,404 8,281 8,046 7,874
P/E ratio 21.4 x 28.9 x -67.3 x 12.9 x 11.6 x 12 x 10.8 x 11.1 x
Yield 2.75% 2.9% 3.11% 3.16% 3.62% 3.67% 3.74% 3.72%
Capitalization / Revenue 1.15 x 1.14 x 1.02 x 0.82 x 0.81 x 0.81 x 0.78 x 0.76 x
EV / Revenue 1.44 x 1.35 x 1.28 x 1.23 x 1.24 x 1.2 x 1.14 x 1.08 x
EV / EBITDA 10.1 x 9.06 x 9.45 x 7.76 x 7.87 x 7.72 x 7.17 x 6.64 x
EV / FCF 31.5 x 13.6 x 128 x 46.9 x 14 x 20.7 x 16.2 x 16.8 x
FCF Yield 3.17% 7.37% 0.78% 2.13% 7.14% 4.83% 6.18% 5.96%
Price to Book 3.43 x 3.14 x 3.07 x 2.9 x - - - -
Nbr of stocks (in thousands) 100,098 100,417 98,326 97,512 97,956 98,252 - -
Reference price 2 61.72 59.25 57.89 60.71 55.87 56.51 56.51 56.51
Announcement Date 2/13/20 2/11/21 2/10/22 2/8/23 2/14/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,374 5,237 5,590 7,251 6,781 6,892 7,076 7,319
EBITDA 1 764 782.3 754.5 1,148 1,068 1,073 1,123 1,185
EBIT 1 525.4 527 515.4 919.9 803.7 789.7 833.5 880.6
Operating Margin 9.78% 10.06% 9.22% 12.69% 11.85% 11.46% 11.78% 12.03%
Earnings before Tax (EBT) 1 380.8 255.6 -161 571.3 614.8 623.4 681.9 728.6
Net income 1 291.8 207.5 -85.48 466.4 475 464.5 510 497
Net margin 5.43% 3.96% -1.53% 6.43% 7% 6.74% 7.21% 6.79%
EPS 2 2.880 2.050 -0.8600 4.720 4.800 4.724 5.240 5.100
Free Cash Flow 1 244.5 522 55.82 189.9 600.2 399.7 496.9 469
FCF margin 4.55% 9.97% 1% 2.62% 8.85% 5.8% 7.02% 6.41%
FCF Conversion (EBITDA) 32.01% 66.72% 7.4% 16.54% 56.21% 37.24% 44.25% 39.58%
FCF Conversion (Net income) 83.8% 251.59% - 40.71% 126.36% 86.05% 97.43% 94.37%
Dividend per Share 2 1.700 1.720 1.800 1.920 2.020 2.075 2.113 2.100
Announcement Date 2/13/20 2/11/21 2/10/22 2/8/23 2/14/24 - - -
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
Net sales 1 1,415 1,439 1,771 1,913 1,890 1,676 1,730 1,705 1,710 1,636 1,676 1,742 1,771 1,665
EBITDA 1 182 182.3 312.6 304.6 289.5 241.5 274.4 275.4 280.4 235.8 239.6 271.8 291.7 260.8
EBIT 1 122.4 124.7 260.8 250.2 225.1 183.8 213.4 210.9 212.5 166.8 170.2 205.1 225.6 188.3
Operating Margin 8.65% 8.66% 14.73% 13.07% 11.91% 10.97% 12.34% 12.37% 12.43% 10.2% 10.15% 11.78% 12.74% 11.31%
Earnings before Tax (EBT) 1 111.8 86.65 148.7 172.6 155.1 94.85 193.3 152.2 166.8 102.6 130.1 160.6 176.2 150.9
Net income 1 111.1 65.16 115.3 131.7 122.2 97.2 148.3 114.6 130.7 81.24 95.64 120.4 137.6 113.5
Net margin 7.85% 4.53% 6.51% 6.88% 6.47% 5.8% 8.57% 6.72% 7.64% 4.97% 5.71% 6.91% 7.77% 6.82%
EPS 2 1.120 0.6600 1.170 1.330 1.240 0.9800 1.500 1.160 1.320 0.8200 0.9700 1.220 1.397 1.153
Dividend per Share 2 0.4500 0.4500 0.4500 0.4900 0.4900 0.4900 0.4900 0.5100 0.5100 0.5100 0.5150 0.5150 0.5150 0.5150
Announcement Date 10/21/21 2/10/22 4/21/22 7/21/22 10/31/22 2/8/23 5/1/23 7/31/23 10/31/23 2/14/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,536 1,135 1,440 2,995 2,931 2,729 2,494 2,322
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.011 x 1.451 x 1.908 x 2.608 x 2.745 x 2.542 x 2.221 x 1.959 x
Free Cash Flow 1 245 522 55.8 190 600 400 497 469
ROE (net income / shareholders' equity) 16.4% 18.5% 19% 32.6% 23.1% 18.8% 18.4% 17.7%
ROA (Net income/ Total Assets) 6.01% 6.64% 6.87% 10.5% 7.3% 6.1% 6.5% 6.5%
Assets 1 4,855 3,124 -1,244 4,436 6,507 7,614 7,846 7,646
Book Value Per Share 18.00 18.90 18.90 21.00 - - - -
Cash Flow per Share 2 4.210 6.970 3.000 5.160 8.930 7.220 9.980 -
Capex 1 181 184 243 319 283 335 330 341
Capex / Sales 3.37% 3.51% 4.34% 4.4% 4.17% 4.86% 4.66% 4.66%
Announcement Date 2/13/20 2/11/21 2/10/22 2/8/23 2/14/24 - - -
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
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
56.51 USD
Average target price
60.63 USD
Spread / Average Target
+7.29%
Consensus
  1. Stock Market
  2. Equities
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  4. Financials Sonoco Products Company