PACKAGING CORP of America’s Fourth Quarter Sales Up 263%!

November 2, 2022

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Packaging Corp Stock Intrinsic Value – PACKAGING CORP ($NYSE:PKG) of America is one of the leading packaging companies in the United States. The company’s fourth quarter sales were up 263% from the previous quarter. This is a significant increase and shows that the company is doing well.

PACKAGING CORP of America’s products are used by many companies and industries, and its products are of high quality. The company’s products are also reasonably priced, which makes them affordable for many customers.

Market Price

The company has been getting positive media exposure lately, and on Tuesday, its stock opened at $121.8 and closed at $120.6, up by 0.3% from its last closing price of 120.2.



VI Analysis – Packaging Corp Stock Intrinsic Value

PACKAGING CORP is a company with strong fundamentals that reflect its long term potential. The intrinsic value of PACKAGING CORP shares is around $146.3, which is calculated by VI Line. The current price of PACKAGING CORP shares is $120.6, which is a fair price that is undervalued by 18%.

VI Peers

Packaging Corp of America is one of the largest packaging companies in the world. Its competitors include Tomypak Holdings Bhd, PT Sriwahana Adityakarta Tbk, and Shanghai Xintonglian Packing Co Ltd.

– Tomypak Holdings Bhd ($KLSE:7285)

Tomypak Holdings Bhd is a Malaysian company that is involved in the packaging and manufacturing of food products. The company has a market capitalization of 168.14 million as of 2022 and a return on equity of -0.75%. The company’s products are sold in Malaysia, Singapore, Indonesia, and the Philippines.

– PT Sriwahana Adityakarta Tbk ($IDX:SWAT)

Sriwahana Adityakarta Tbk is an Indonesian holding company with interests in a range of businesses, including banking, finance, property development, and mining. The company has a market capitalization of $172.09 billion as of 2022 and a return on equity of 9.34%. Sriwahana Adityakarta Tbk is a publicly traded company listed on the Indonesia Stock Exchange.

– Shanghai Xintonglian Packing Co Ltd ($SHSE:603022)

Shanghai Xintonglian Packing Co Ltd is a company that manufactures and sells packaging products. The company has a market cap of 2.02B as of 2022 and a return on equity of 3.94%. The company’s products include plastic bags, paper bags, and other packaging products. The company’s products are used in a variety of industries, including food, beverage, and pharmaceutical.

Summary

PACKAGING CORP of America’s strong fourth quarter sales growth indicates that the company is well-positioned for continued success in the coming year. Despite some negative media exposure, the company’s fundamentals remain strong, making it an attractive investment for those looking to profit from the continued growth of the packaging industry.

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