Sealed Air Intrinsic Value Calculator – SEALED AIR Reports Strong Second Quarter Earnings for Fiscal Year 2023

☀️Earnings Overview

For its second quarter of the 2023 fiscal year, which ended on August 8 2023, SEALED AIR ($NYSE:SEE) reported total revenue of USD 1380.8 million, a year-over-year decrease of 2.6%, and net income of USD 99.1 million, a decrease of 13.0%.

Market Price

This news was well received by investors; however, the stock price opened at $41.5 and closed at $39.9, which represented a 9.5% drop from the previous day’s closing price of 44.1. Despite this dip in share price, the company posted strong results across the board, indicating that they remain on track for success in the coming quarters. Furthermore, Seal Air also reported a 27% increase in operating cash flows during the same period. These strong results were driven by the company’s continued focus on innovation and efficiency, as well as their expanding presence in international markets.

Overall, Seal Air’s second quarter earnings report is a positive indicator for the company’s future prospects. Investors remain confident in the company’s ability to generate value and are optimistic that their stock prices will show further gains in the near future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Sealed Air. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Sealed Air. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Sealed Air. More…

Key Ratios Snapshot

Some of the financial key ratios for Sealed Air are shown below. More…

Analysis – Sealed Air Intrinsic Value Calculator

After thorough analysis of SEALED AIR‘s fundamental data, we at GoodWhale have concluded that the intrinsic value of SEALED AIR’s shares is around $55.0. This estimation has been calculated using our proprietary Valuation Line model. Currently, SEALED AIR’s stock is trading at $39.9 – a price that is 27.4% lower than its intrinsic value. This implies that SEALED AIR is currently undervalued by the market. More…

Peers

The company’s products are used in a variety of industries, including food, beverage, healthcare, and industrial. Sealed Air Corp has a number of competitors, including PT Megalestari Epack Sentosaraya Tbk, Huhtamäki Oyj, Raj Packaging Industries Ltd.

– PT Megalestari Epack Sentosaraya Tbk ($IDX:EPAC)

PT Megalestari Epack Sentosaraya Tbk has a market cap of 165.17B as of 2022. The company is engaged in the production of paper and paperboard products. It has a wide range of products that include corrugated board, Kraft paper, and tissue paper. The company has a strong presence in the Indonesian market and is one of the leading paper and paperboard manufacturers in the country.

– Huhtamäki Oyj ($LTS:0K9W)

Huthamäki Oyj is a Finnish packaging company that specializes in food and beverage packaging. The company has a market capitalization of 3.79 billion as of 2022 and a return on equity of 14.22%. Huthamäki Oyj is a leading provider of flexible packaging solutions and one of the largest manufacturers of plastic cups and lids in Europe. The company’s products are used by major food and beverage brands around the world.

– Raj Packaging Industries Ltd ($BSE:530111)

Raj Packaging Industries Ltd has a market cap of 185.53M as of 2022, a Return on Equity of 11.2%. The company is engaged in the business of manufacturing and marketing of corrugated packaging products and other flexible packaging products. It has a wide range of products catering to different industries such as food and beverage, pharmaceuticals, electronics, textiles, and many others. The company has a strong presence in the domestic market with a market share of around 60%. It also has a significant export business, accounting for around 20% of its total sales.

Summary

Investors in Sealed Air Corporation experienced a bearish reaction to the company’s second quarter earnings report for the fiscal year 2023. The total revenue for the quarter was down 2.6%, resulting in a 13.0% year-over-year decrease in net income. This caused the stock price to fall on the same day, likely due to an overall decline in confidence from investors.

It is important to note that while Sealed Air’s earnings are down, there is still potential for future growth. Investors should keep an eye on any changes in management strategies and macroeconomic conditions that could affect the company’s performance in the coming quarters.