Financials Ball Corporation

Equities

BALL

US0584981064

Non-Paper Containers & Packaging

Real-time Estimate Cboe BZX 03:24:35 2024-04-29 pm EDT 5-day change 1st Jan Change
70.18 USD +0.55% Intraday chart for Ball Corporation +7.47% +22.24%

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 26,534 26,917 26,770
P/E ratio 39 x 52.9 x 36.3 x 22.7 x 25.8 x 6.82 x 22.1 x 19.7 x
Yield 0.85% 0.64% 0.73% 1.56% 1.39% 1.16% 1.27% 1.36%
Capitalization / Revenue 1.84 x 2.59 x 2.26 x 1.05 x 1.29 x 1.81 x 1.74 x 1.68 x
EV / Revenue 2.37 x 3.13 x 2.78 x 1.59 x 1.85 x 2.18 x 2.13 x 2.04 x
EV / EBITDA 14.7 x 19.1 x 18 x 12.5 x 12.3 x 13.5 x 13.1 x 12.5 x
EV / FCF 28.6 x 116 x 1,128 x -18.1 x 31.8 x -31.7 x 27.9 x 25.7 x
FCF Yield 3.5% 0.86% 0.09% -5.52% 3.14% -3.16% 3.58% 3.9%
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 12,174 12,622 13,096
EBITDA 1 1,854 1,933 2,133 1,957 2,112 1,970 2,058 2,149
EBIT 1 1,331 1,415 1,585 1,420 1,561 1,453 1,551 1,630
Operating Margin 11.6% 12.01% 11.48% 9.25% 11.13% 11.93% 12.29% 12.45%
Earnings before Tax (EBT) 1 608 687 1,008 884 814 993.3 1,166 1,118
Net income 1 566 585 878 719 707 3,699 1,013 1,069
Net margin 4.93% 4.97% 6.36% 4.68% 5.04% 30.38% 8.02% 8.16%
EPS 2 1.660 1.760 2.650 2.250 2.230 10.23 3.164 3.543
Free Cash Flow 1 950 319 34 -1,350 818 -837.8 965 1,043
FCF margin 8.28% 2.71% 0.25% -8.8% 5.83% -6.88% 7.64% 7.97%
FCF Conversion (EBITDA) 51.24% 16.5% 1.59% - 38.73% - 46.89% 48.56%
FCF Conversion (Net income) 167.84% 54.53% 3.87% - 115.7% - 95.31% 97.64%
Dividend per Share 2 0.5500 0.6000 0.7000 0.8000 0.8000 0.8086 0.8846 0.9475
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 3,096 3,194 3,018 2,987
EBITDA 1 554 571 514 528 517 398 513 485 545 569 459 487.3 532.9 517.7 469.9
EBIT 1 417 424 366 392 393 269 381 349 406 425 339 356.5 405.6 392.6 352.5
Operating Margin 11.74% 11.54% 9.85% 9.48% 9.95% 7.58% 10.92% 9.79% 11.37% 12.49% 11.8% 11.52% 12.7% 13.01% 11.8%
Earnings before Tax (EBT) 1 169 299 541 -177 444 76 214 206 203 191 101 239.2 303.2 279.5 251.2
Net income 1 179 297 446 -174 392 55 177 173 203 154 3,685 222.1 270.4 266.9 233.5
Net margin 5.04% 8.08% 12% -4.21% 9.92% 1.55% 5.07% 4.85% 5.68% 4.53% 128.22% 7.17% 8.46% 8.85% 7.82%
EPS 2 0.5400 0.9000 1.370 -0.5500 1.240 0.1700 0.5600 0.5500 0.6400 0.4900 11.61 0.6331 0.8487 0.7796 0.6644
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 4,562 4,925 4,774
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.246 x 3.329 x 3.363 x 4.292 x 3.728 x 2.314 x 2.372 x 2.207 x
Free Cash Flow 1 950 319 34 -1,350 818 -823 955 1,045
ROE (net income / shareholders' equity) 26.2% 31.1% 33% 24.7% 25% 23.8% 39.4% 40.1%
ROA (Net income/ Total Assets) 5.08% 5.54% 6.1% 4.5% 4.69% 14% 6.23% 6.77%
Assets 1 11,147 10,554 14,405 15,987 15,067 27,402 16,442 15,786
Book Value Per Share 2 9.080 10.00 11.30 11.00 11.90 9.610 8.400 9.350
Cash Flow per Share 2 4.550 4.300 5.310 0.9400 5.880 0.2900 5.860 -
Capex 1 598 1,113 1,726 1,651 1,045 664 599 599
Capex / Sales 5.21% 9.45% 12.5% 10.76% 7.45% 5.41% 4.74% 4.56%
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
69.46 USD
Spread / Average Target
-0.48%
Consensus
  1. Stock Market
  2. Equities
  3. BALL Stock
  4. Financials Ball Corporation