AI Spotlight on PACK
Company Description
Ranpak Holdings Corp., together with its subsidiaries, provide product protection solutions for e-commerce and industrial supply chains in North America, Europe, and Asia.The company offers protective packaging solutions, such as void-fill protective systems that convert paper to fill empty spaces in secondary packages and protect objects under the FillPak brand; cushioning protective systems, which convert paper into cushioning pads under the PadPak brand; and wrapping protective systems that create pads or paper mesh to wrap and protect fragile items, as well as to line boxes and provide separation when shipping various objects under the WrapPak, Geami, and ReadyRoll brands.The company's products also include line automation products, which help end users automate the void filling and box closure processes after product packing is complete.
It sells its products to end users primarily through a distributor network, and directly to select end users.Ranpak Holdings Corp.was founded in 1972 and is headquartered in Concord Township, Ohio.
Market Data
Last Price | 7.32 |
Change Percentage | -3.94% |
Open | 7.71 |
Previous Close | 7.62 |
Market Cap ( Millions) | 588 |
Volume | 663197 |
Year High | 9.04 |
Year Low | 3.85 |
M A 50 | 7.09 |
M A 200 | 6.75 |
Financial Ratios
FCF Yield | 3.03% |
Dividend Yield | 0.00% |
ROE | -3.54% |
Debt / Equity | 76.11% |
Net Debt / EBIDTA | 650.99% |
Price To Book | 1.08 |
Price Earnings Ratio | -30.46 |
Price To FCF | 33.04 |
Price To sales | 1.66 |
EV / EBITDA | 17.14 |
News
- Dec -19 - Ranpak Holdings Corp. Announces Completion of Refinancing Transaction
- Oct -31 - Ranpak Holdings Corp. (PACK) Q3 2024 Earnings Call Transcript
- Oct -31 - Ranpak Holdings Corp. Reports Third Quarter 2024 Financial Results
- Oct -09 - PolyCycle Innovation, LLC to Showcase PCR Solutions at PACK EXPO International 2024
- Sep -03 - LAKESIDE HOLDING LAUNCHES NEW PICK & PACK FULFILLMENT SERVICE ACROSS KEY U.S. HUBS FOR LONGSTANDING CHINA LOGISTICS PARTNER
- Aug -04 - Ranpak Holdings Corp. (PACK) Q2 2024 Earnings Call Transcript
- Jul -29 - Ranpak Holdings: A Downgrade Is In Order On Valuation
- Jun -24 - Amazon could make this small-cap stock soar
- Jun -24 - Amazon Is Ditching Plastic and Moving to Paper Fillers. Here's the Hidden Small-Cap Stock That Could Soar as a Result.
- Jun -13 - LION ELECTRIC ANNOUNCES SUCCESSFUL FINAL CERTIFICATION OF ITS LIONBATTERY HD BATTERY PACK
- May -04 - Ranpak Holdings Corp. (PACK) Q1 2024 Earnings Call Transcript
- May -02 - Ranpak Holdings Corp. Reports First Quarter 2024 Financial Results
- Apr -25 - Ranpak to Hold Conference Call to Discuss First Quarter 2024 Results
- Apr -22 - Ranpak Champions Earth Day 2024 with Two Eco-Friendly Packaging Innovations
- Apr -09 - Ranpak Strengthens Wrapping Portfolio with Launch of Geami MVβ’ Converter
- Mar -12 - Here's Why Ranpak Stock Skyrocketed Today
- Mar -11 - Ranpak Holdings Corp. (PACK) Q4 2023 Earnings Call Transcript
- Mar -11 - Ranpak Holdings Corp. Reports Fourth Quarter 2023 Financial Results
- Mar -08 - Supply & Demand Chain Executive Magazine Names Ranpak's Bryan Boatner as Recipient of 2024 Pros to Know Award
- Mar -04 - Ranpak to Hold Conference Call to Discuss Fourth Quarter 2023 Results
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Cushioning Machines
Expected Growth : 10 %
What the company do ?
Cushioning Machines from Ranpak Holdings Corp. are automated systems that convert paper into custom-fit cushions for protective packaging, ensuring fragile items are safely shipped.
Why we expect these perspectives ?
Ranpak Holdings Corp.'s Cushioning Machines segment growth is driven by increasing e-commerce demand, rising need for protective packaging, and growing adoption of sustainable packaging solutions. Additionally, expansion into new markets, strategic partnerships, and investments in product innovation are contributing to the 10% growth rate.
Segment nΒ°2 -> Void-Fill Machines
Expected Growth : 12 %
What the company do ?
Void-Fill Machines from Ranpak Holdings Corp. are automated packaging solutions that fill empty spaces in boxes with paper or air pillows to prevent product movement during shipping.
Why we expect these perspectives ?
Ranpak's Void-Fill Machines growth is driven by increasing e-commerce demand, rising need for sustainable packaging, and growing adoption in industries such as pharmaceuticals and automotive. Additionally, the machines' ability to reduce packaging material usage and minimize product damage during shipping contributes to their popularity, resulting in 12% growth.
Segment nΒ°3 -> Wrapping Machines
Expected Growth : 9 %
What the company do ?
Ranpak Holdings Corp.'s wrapping machines provide sustainable, paper-based packaging solutions for e-commerce, industrial, and consumer goods industries.
Why we expect these perspectives ?
Ranpak's Wrapping Machines segment growth is driven by increasing e-commerce demand, rising need for sustainable packaging, and growing adoption of automated packaging solutions. Additionally, the company's focus on innovation, expanding product offerings, and strategic acquisitions are contributing to its 9% growth rate.
Segment nΒ°4 -> Other
Expected Growth : 11 %
What the company do ?
Other from Ranpak Holdings Corp. refers to the miscellaneous revenue streams, including sales of used equipment, parts, and services, not categorized under Protective Packaging or Paper Products.
Why we expect these perspectives ?
Ranpak Holdings Corp.'s 11% growth in 'Other' segment is driven by increasing demand for sustainable packaging solutions, expansion into new markets, and strategic partnerships. Additionally, the company's focus on innovation, such as its automated packaging systems, has contributed to revenue growth.
Ranpak Holdings Corp. Products
Product Range | What is it ? |
---|---|
Paper-Based Protective Packaging | Customizable paper-based packaging solutions for protecting fragile and sensitive items during shipping and storage |
Inflatable Packaging Systems | Inflatable packaging solutions for protecting items during shipping and storage, with customizable sizes and shapes |
Thermal Insulated Packaging | Temperature-controlled packaging solutions for shipping temperature-sensitive items, such as pharmaceuticals and food products |
Automated Packaging Systems | Customizable automated packaging systems for high-volume packaging and shipping operations |
Paper Fill Packaging | Paper-based fill packaging solutions for protecting items during shipping and storage, with customizable sizes and shapes |
Custom Packaging Solutions | Custom-designed packaging solutions for unique and specialty items, such as artwork and machinery |
Ranpak Holdings Corp.'s Porter Forces
Threat Of Substitutes
Ranpak Holdings Corp. operates in a niche market with limited substitutes, but customers may still opt for alternative packaging solutions.
Bargaining Power Of Customers
Ranpak Holdings Corp. has a diverse customer base, which reduces the bargaining power of individual customers.
Bargaining Power Of Suppliers
Ranpak Holdings Corp. relies on a few key suppliers for raw materials, which gives them some bargaining power.
Threat Of New Entrants
The packaging industry has high barriers to entry, making it difficult for new entrants to compete with Ranpak Holdings Corp.
Intensity Of Rivalry
The packaging industry is highly competitive, with several established players competing for market share.
Capital Structure
Value | |
---|---|
Debt Weight | 41.34% |
Debt Cost | 4.61% |
Equity Weight | 58.66% |
Equity Cost | 15.46% |
WACC | 10.97% |
Leverage | 70.47% |
Ranpak Holdings Corp. : Quality Control
Ranpak Holdings Corp. passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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OI | O-I Glass, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in the Americas, Europe, and the Asia Pacific. The company produces glass containers β¦ |
TRS | TriMas Corporation designs, develops, manufactures, and sells products for consumer products, aerospace, and industrial markets worldwide. It operates through three segments: Packaging, Aerospace, and Specialty Products. The Packaging segment offers β¦ |
TUP | Tupperware Brands Corporation operates as a consumer products company worldwide. The company manufactures, markets, and sells design-centric preparation, storage, and serving solutions for the kitchen and home, as well as β¦ |
PTVE | Pactiv Evergreen Inc. manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage cartons in North America. It operates through three segments: Foodservice, Food Merchandising, and Beverage Merchandising. β¦ |
MYE | Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through The Material Handling and Distribution segments. The Material Handling segment offers pallets, small parts bins, β¦ |