Pactiv Evergreen Inc. (PTVE)
NASDAQ: PTVE · IEX Real-Time Price · USD
12.55
-0.12 (-0.95%)
May 24, 2024, 4:00 PM EDT - Market closed

Pactiv Evergreen Statistics

Total Valuation

PTVE has a market cap or net worth of $2.25 billion. The enterprise value is $6.06 billion.

Market Cap 2.25B
Enterprise Value 6.06B

Important Dates

The last earnings date was Thursday, May 2, 2024, after market close.

Earnings Date May 2, 2024
Ex-Dividend Date May 31, 2024

Share Statistics

PTVE has 179.15 million shares outstanding. The number of shares has increased by 0.35% in one year.

Shares Outstanding 179.15M
Shares Change (YoY) +0.35%
Shares Change (QoQ) +0.06%
Owned by Insiders (%) 77.70%
Owned by Institutions (%) 22.62%
Float 40.12M

Valuation Ratios

PE Ratio n/a
Forward PE 9.90
PS Ratio 0.42
Forward PS 0.41
PB Ratio 1.67
P/FCF Ratio 14.99
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.82, with an EV/FCF ratio of 40.40.

EV / Earnings n/a
EV / Sales 1.14
EV / EBITDA 8.82
EV / EBIT 33.30
EV / FCF 40.40

Financial Position

The company has a current ratio of 2.02, with a Debt / Equity ratio of 2.89.

Current Ratio 2.02
Quick Ratio 0.73
Debt / Equity 2.89
Debt / EBITDA 5.65
Debt / FCF 25.89
Interest Coverage 0.76

Financial Efficiency

Return on equity (ROE) is -6.10%.

Return on Equity (ROE) -6.10%
Return on Assets (ROA) -1.20%
Return on Capital (ROIC) n/a
Revenue Per Employee $355,400
Profits Per Employee -$5,333
Employee Count 15,000
Asset Turnover 0.83
Inventory Turnover 5.10

Taxes

In the past 12 months, PTVE has paid $21.00 million in taxes.

Income Tax 21.00M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +62.35% in the last 52 weeks. The beta is 1.42, so PTVE's price volatility has been higher than the market average.

Beta (1Y) 1.42
52-Week Price Change +62.35%
50-Day Moving Average 14.09
200-Day Moving Average 11.95
Relative Strength Index (RSI) 30.74
Average Volume (30 Days) 394,004

Short Selling Information

The latest short interest is 839,337, so 0.47% of the outstanding shares have been sold short.

Short Interest 839,337
Short Previous Month 832,617
Short % of Shares Out 0.47%
Short % of Float 2.09%
Short Ratio (days to cover) 2.56

Income Statement

In the last 12 months, PTVE had revenue of $5.33 billion and -$80.00 million in losses. Loss per share was -$0.46.

Revenue 5.33B
Gross Profit 839.00M
Operating Income 185.00M
Pretax Income -59.00M
Net Income -80.00M
EBITDA 687.00M
EBIT 182.00M
Loss Per Share -$0.46
Full Income Statement

Balance Sheet

The company has $71.00 million in cash and $3.88 billion in debt, giving a net cash position of -$3.81 billion or -$21.28 per share.

Cash & Cash Equivalents 71.00M
Total Debt 3.88B
Net Cash -3.81B
Net Cash Per Share -$21.28
Equity / Book Value 1.34B
Book Value Per Share 7.50
Working Capital 811.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $413.00 million and capital expenditures -$263.00 million, giving a free cash flow of $150.00 million.

Operating Cash Flow 413.00M
Capital Expenditures -263.00M
Free Cash Flow 150.00M
FCF Per Share $0.84
Full Cash Flow Statement

Margins

Gross margin is 15.74%, with operating and profit margins of 3.47% and -1.50%.

Gross Margin 15.74%
Operating Margin 3.47%
Pretax Margin -1.11%
Profit Margin -1.50%
EBITDA Margin 12.89%
EBIT Margin 3.41%
FCF Margin 2.81%

Dividends & Yields

This stock pays an annual dividend of $0.40, which amounts to a dividend yield of 3.19%.

Dividend Per Share $0.40
Dividend Yield 3.19%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.35%
Shareholder Yield 2.84%
Earnings Yield -3.56%
FCF Yield 6.67%
Dividend Details

Analyst Forecast

The average price target for PTVE is $16.71, which is 33.15% higher than the current price. The consensus rating is "Strong Buy".

Price Target $16.71
Price Target Difference 33.15%
Analyst Consensus Strong Buy
Analyst Count 7
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

PTVE has an Altman Z-Score of 1.5 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.5
Piotroski F-Score 4