S

Smurfit Kappa Group PLC
ISEQ:SK3

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Smurfit Kappa Group PLC
ISEQ:SK3
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Price: 41.44 EUR Market Closed
Market Cap: 21.6B EUR

Relative Value

The Relative Value of one SK3 stock under the Base Case scenario is 51.4 EUR. Compared to the current market price of 41.44 EUR, Smurfit Kappa Group PLC is Undervalued by 19%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SK3 Relative Value
Base Case
51.4 EUR
Undervaluation 19%
Relative Value
Price
S
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
38
vs Industry
37
Median 3Y
0.8
Median 5Y
0.8
Industry
0.8
Forward
0.9
vs History
46
vs Industry
45
Median 3Y
11.6
Median 5Y
13.1
Industry
16.8
Forward
12
vs History
58
vs Industry
46
Median 3Y
6.6
Median 5Y
7
Industry
9.1
vs History
31
vs Industry
18
Median 3Y
23.4
Median 5Y
21.8
Industry
14.8
vs History
60
vs Industry
25
Median 3Y
1.8
Median 5Y
1.9
Industry
1.2
vs History
42
vs Industry
33
Median 3Y
1
Median 5Y
1.1
Industry
1
Forward
1.2
vs History
42
vs Industry
52
Median 3Y
3.2
Median 5Y
3.3
Industry
4.4
vs History
53
vs Industry
53
Median 3Y
5.6
Median 5Y
6.4
Industry
8.7
Forward
6.4
vs History
57
vs Industry
52
Median 3Y
8.2
Median 5Y
9.3
Industry
13.2
Forward
9.5
vs History
60
vs Industry
45
Median 3Y
8.6
Median 5Y
8.8
Industry
10.6
vs History
57
vs Industry
23
Median 3Y
20
Median 5Y
19.9
Industry
15.1
vs History
49
vs Industry
25
Median 3Y
1.3
Median 5Y
1.4
Industry
1

Multiples Across Competitors

SK3 Competitors Multiples
Smurfit Kappa Group PLC Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IE
Smurfit Kappa Group PLC
ISEQ:SK3
10.6B EUR 0.9 13.9 6.2 9
US
Westrock Co
LSE:0LW9
1.3T USD 69 4 402.6 522.7 1 291.2
US
International Paper Co
NYSE:IP
26.6B USD 1.3 67.2 18.1 110.3
UK
Amcor PLC
NYSE:AMCR
22.2B USD 1.6 27.5 14.9 20.6
US
Packaging Corp of America
NYSE:PKG
18.2B USD 2.1 21.2 11.2 16.1
US
Avery Dennison Corp
NYSE:AVY
14.4B USD 1.6 20.6 11.7 14.9
UK
DS Smith PLC
LSE:SMDS
8B GBP 1.2 20.9 9.5 16.2
CH
SIG Group AG
SIX:SIGN
5.6B CHF 1.8 31 8.7 17.3
US
Graphic Packaging Holding Co
NYSE:GPK
6.6B USD 0.8 10.7 7.6 11.4
US
Sealed Air Corp
NYSE:SEE
4.8B USD 0.9 16.1 8.5 11
US
Sonoco Products Co
NYSE:SON
4.6B USD 0.9 29.9 9.7 16.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IE
S
Smurfit Kappa Group PLC
ISEQ:SK3
Average EV/EBITDA: 57.2
6.2
5%
1.2
US
W
Westrock Co
LSE:0LW9
522.7
6%
87.1
US
International Paper Co
NYSE:IP
18.1
41%
0.4
UK
Amcor PLC
NYSE:AMCR
14.9
27%
0.6
US
Packaging Corp of America
NYSE:PKG
11.2
7%
1.6
US
Avery Dennison Corp
NYSE:AVY
11.7
5%
2.3
UK
DS Smith PLC
LSE:SMDS
9.5
4%
2.4
CH
SIG Group AG
SIX:SIGN
8.7
6%
1.5
US
Graphic Packaging Holding Co
NYSE:GPK
7.6
0%
N/A
US
Sealed Air Corp
NYSE:SEE
8.5
5%
1.7
US
Sonoco Products Co
NYSE:SON
9.7
17%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IE
S
Smurfit Kappa Group PLC
ISEQ:SK3
Average EV/EBIT: 139.5
9
5%
1.8
US
W
Westrock Co
LSE:0LW9
1 291.2
13%
99.3
US
International Paper Co
NYSE:IP
110.3
87%
1.3
UK
Amcor PLC
NYSE:AMCR
20.6
31%
0.7
US
Packaging Corp of America
NYSE:PKG
16.1
9%
1.8
US
Avery Dennison Corp
NYSE:AVY
14.9
6%
2.5
UK
DS Smith PLC
LSE:SMDS
16.2
9%
1.8
CH
SIG Group AG
SIX:SIGN
17.3
15%
1.2
US
Graphic Packaging Holding Co
NYSE:GPK
11.4
1%
11.4
US
Sealed Air Corp
NYSE:SEE
11
5%
2.2
US
Sonoco Products Co
NYSE:SON
16.7
21%
0.8