APTARGROUP INC (ATR)
US0383361039 - Common Stock
We assign a fundamental rating of 6 out of 10 to ATR. ATR was compared to 24 industry peers in the Containers & Packaging industry. ATR scores excellent points on both the profitability and health parts. This is a solid base for a good stock. While showing a medium growth rate, ATR is valued expensive at the moment. These ratings would make ATR suitable for quality investing!
1. Profitability
1.1 Basic Checks
ATR had positive earnings in the past year.
ATR had a positive operating cash flow in the past year.
In the past 5 years ATR has always been profitable.
Each year in the past 5 years ATR had a positive operating cash flow.
1.2 Ratios
The Return On Assets of ATR (7.26%) is better than 82.61% of its industry peers.
ATR has a better Return On Equity (13.23%) than 60.87% of its industry peers.
With a decent Return On Invested Capital value of 9.57%, ATR is doing good in the industry, outperforming 78.26% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ATR is significantly below the industry average of 382233.10%.
The 3 year average ROIC (9.03%) for ATR is below the current ROIC(9.57%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.26% | ||
| ROE | 13.23% | ||
| ROIC | 9.57% |
ROA(3y)5.99%
ROA(5y)6.03%
ROE(3y)12.13%
ROE(5y)12.67%
ROIC(3y)9.03%
ROIC(5y)9.07%
1.3 Margins
ATR's Profit Margin of 9.40% is amongst the best of the industry. ATR outperforms 95.65% of its industry peers.
ATR's Profit Margin has improved in the last couple of years.
ATR has a better Operating Margin (13.88%) than 95.65% of its industry peers.
ATR's Operating Margin has been stable in the last couple of years.
ATR has a Gross Margin of 37.45%. This is amongst the best in the industry. ATR outperforms 100.00% of its industry peers.
In the last couple of years the Gross Margin of ATR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.88% | ||
| PM (TTM) | 9.4% | ||
| GM | 37.45% |
OM growth 3Y1.04%
OM growth 5Y-0.96%
PM growth 3Y3.75%
PM growth 5Y2.98%
GM growth 3Y-0.78%
GM growth 5Y0.73%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ATR is creating some value.
The number of shares outstanding for ATR has been increased compared to 1 year ago.
ATR has more shares outstanding than it did 5 years ago.
ATR has a better debt/assets ratio than last year.
2.2 Solvency
ATR has an Altman-Z score of 5.03. This indicates that ATR is financially healthy and has little risk of bankruptcy at the moment.
ATR's Altman-Z score of 5.03 is amongst the best of the industry. ATR outperforms 95.65% of its industry peers.
The Debt to FCF ratio of ATR is 2.85, which is a good value as it means it would take ATR, 2.85 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.85, ATR belongs to the top of the industry, outperforming 95.65% of the companies in the same industry.
ATR has a Debt/Equity ratio of 0.41. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.41, ATR belongs to the top of the industry, outperforming 91.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 2.85 | ||
| Altman-Z | 5.03 |
ROIC/WACC1.12
WACC8.55%
2.3 Liquidity
A Current Ratio of 1.62 indicates that ATR should not have too much problems paying its short term obligations.
ATR has a Current ratio of 1.62. This is comparable to the rest of the industry: ATR outperforms 52.17% of its industry peers.
ATR has a Quick Ratio of 1.15. This is a normal value and indicates that ATR is financially healthy and should not expect problems in meeting its short term obligations.
ATR has a Quick ratio of 1.15. This is in the better half of the industry: ATR outperforms 65.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.62 | ||
| Quick Ratio | 1.15 |
3. Growth
3.1 Past
ATR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.71%, which is quite good.
ATR shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.68% yearly.
Looking at the last year, ATR shows a small growth in Revenue. The Revenue has grown by 3.73% in the last year.
Measured over the past years, ATR shows a small growth in Revenue. The Revenue has been growing by 4.75% on average per year.
EPS 1Y (TTM)18.71%
EPS 3Y9.41%
EPS 5Y3.68%
EPS Q2Q%7.19%
Revenue 1Y (TTM)3.73%
Revenue growth 3Y5.99%
Revenue growth 5Y4.75%
Sales Q2Q%1.82%
3.2 Future
ATR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.29% yearly.
Based on estimates for the next years, ATR will show a small growth in Revenue. The Revenue will grow by 6.06% on average per year.
EPS Next Y14.03%
EPS Next 2Y11.94%
EPS Next 3Y11.57%
EPS Next 5Y9.29%
Revenue Next Year3.07%
Revenue Next 2Y4.27%
Revenue Next 3Y4.95%
Revenue Next 5Y6.06%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 29.68 indicates a quite expensive valuation of ATR.
ATR's Price/Earnings ratio is a bit more expensive when compared to the industry. ATR is more expensive than 78.26% of the companies in the same industry.
When comparing the Price/Earnings ratio of ATR to the average of the S&P500 Index (27.73), we can say ATR is valued inline with the index average.
With a Price/Forward Earnings ratio of 26.41, ATR can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ATR indicates a rather expensive valuation: ATR more expensive than 82.61% of the companies listed in the same industry.
ATR's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.68 | ||
| Fwd PE | 26.41 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ATR is valued more expensive than 82.61% of the companies in the same industry.
ATR's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.88 | ||
| EV/EBITDA | 14.66 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of ATR may justify a higher PE ratio.
PEG (NY)2.12
PEG (5Y)8.07
EPS Next 2Y11.94%
EPS Next 3Y11.57%
5. Dividend
5.1 Amount
ATR has a Yearly Dividend Yield of 1.05%.
ATR's Dividend Yield is slightly below the industry average, which is at 2.91.
Compared to an average S&P500 Dividend Yield of 2.24, ATR's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.05% |
5.2 History
The dividend of ATR has a limited annual growth rate of 3.68%.
ATR has been paying a dividend for at least 10 years, so it has a reliable track record.
ATR has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.68%
Div Incr Years31
Div Non Decr Years31
5.3 Sustainability
ATR pays out 33.07% of its income as dividend. This is a sustainable payout ratio.
The dividend of ATR is growing, but earnings are growing more, so the dividend growth is sustainable.
DP33.07%
EPS Next 2Y11.94%
EPS Next 3Y11.57%
APTARGROUP INC
NYSE:ATR (12/20/2024, 8:04:00 PM)
After market: 158.18 0 (0%)158.18
-0.69 (-0.43%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners86.13%
Inst Owner Change0.51%
Ins Owners2.48%
Ins Owner Change-0.85%
Market Cap10.53B
Analysts87.27
Price Target185.84 (17.49%)
Short Float %0.64%
Short Ratio1.55
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.05% |
Dividend Growth(5Y)3.68%
DP33.07%
Div Incr Years31
Div Non Decr Years31
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.89%
Min EPS beat(2)-0.12%
Max EPS beat(2)3.89%
EPS beat(4)3
Avg EPS beat(4)4.95%
Min EPS beat(4)-0.12%
Max EPS beat(4)8.86%
EPS beat(8)7
Avg EPS beat(8)6.85%
EPS beat(12)9
Avg EPS beat(12)4.56%
EPS beat(16)11
Avg EPS beat(16)4.26%
Revenue beat(2)0
Avg Revenue beat(2)-2.92%
Min Revenue beat(2)-3.44%
Max Revenue beat(2)-2.39%
Revenue beat(4)1
Avg Revenue beat(4)-1.37%
Min Revenue beat(4)-3.44%
Max Revenue beat(4)1.8%
Revenue beat(8)3
Avg Revenue beat(8)-0.66%
Revenue beat(12)6
Avg Revenue beat(12)-0.1%
Revenue beat(16)9
Avg Revenue beat(16)0.26%
PT rev (1m)1.79%
PT rev (3m)14.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.16%
EPS NY rev (1m)0%
EPS NY rev (3m)0.65%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.57%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.68 | ||
| Fwd PE | 26.41 | ||
| P/S | 2.95 | ||
| P/FCF | 27.88 | ||
| P/OCF | 15.37 | ||
| P/B | 4.15 | ||
| P/tB | 8.1 | ||
| EV/EBITDA | 14.66 |
EPS(TTM)5.33
EY3.37%
EPS(NY)5.99
Fwd EY3.79%
FCF(TTM)5.67
FCFY3.59%
OCF(TTM)10.29
OCFY6.51%
SpS53.7
BVpS38.16
TBVpS19.53
PEG (NY)2.12
PEG (5Y)8.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.26% | ||
| ROE | 13.23% | ||
| ROCE | 13.78% | ||
| ROIC | 9.57% | ||
| ROICexc | 10.46% | ||
| ROICexgc | 16.22% | ||
| OM | 13.88% | ||
| PM (TTM) | 9.4% | ||
| GM | 37.45% | ||
| FCFM | 10.57% |
ROA(3y)5.99%
ROA(5y)6.03%
ROE(3y)12.13%
ROE(5y)12.67%
ROIC(3y)9.03%
ROIC(5y)9.07%
ROICexc(3y)9.51%
ROICexc(5y)9.71%
ROICexgc(3y)16.1%
ROICexgc(5y)16.4%
ROCE(3y)12.55%
ROCE(5y)12.57%
ROICexcg growth 3Y5.22%
ROICexcg growth 5Y0.7%
ROICexc growth 3Y5.95%
ROICexc growth 5Y-0.13%
OM growth 3Y1.04%
OM growth 5Y-0.96%
PM growth 3Y3.75%
PM growth 5Y2.98%
GM growth 3Y-0.78%
GM growth 5Y0.73%
F-Score6
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 2.85 | ||
| Debt/EBITDA | 1.38 | ||
| Cap/Depr | 117.85% | ||
| Cap/Sales | 8.6% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 90.5% | ||
| Profit Quality | 112.38% | ||
| Current Ratio | 1.62 | ||
| Quick Ratio | 1.15 | ||
| Altman-Z | 5.03 |
F-Score6
WACC8.55%
ROIC/WACC1.12
Cap/Depr(3y)131.4%
Cap/Depr(5y)127.13%
Cap/Sales(3y)9.39%
Cap/Sales(5y)9.08%
Profit Quality(3y)60.38%
Profit Quality(5y)88.05%
High Growth Momentum
Growth
EPS 1Y (TTM)18.71%
EPS 3Y9.41%
EPS 5Y3.68%
EPS Q2Q%7.19%
EPS Next Y14.03%
EPS Next 2Y11.94%
EPS Next 3Y11.57%
EPS Next 5Y9.29%
Revenue 1Y (TTM)3.73%
Revenue growth 3Y5.99%
Revenue growth 5Y4.75%
Sales Q2Q%1.82%
Revenue Next Year3.07%
Revenue Next 2Y4.27%
Revenue Next 3Y4.95%
Revenue Next 5Y6.06%
EBIT growth 1Y15.78%
EBIT growth 3Y7.09%
EBIT growth 5Y3.75%
EBIT Next Year74.96%
EBIT Next 3Y26.45%
EBIT Next 5Y18.84%
FCF growth 1Y330.01%
FCF growth 3Y-6.89%
FCF growth 5Y20.36%
OCF growth 1Y66.91%
OCF growth 3Y0.29%
OCF growth 5Y12.9%