Using the industry peer median P/E multiple (trailing + forward), Ball Corporation (BALL) has a fair value of $62.68 based on 4 comparable companies in the Packaging & Containers industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing P/E | Forward P/E | |
|---|---|---|---|
| Ball CorporationBALL | 16,533 | 18.2x | 19.1x |
| Amcor plcAMCR | 18,443 | 24.9x | 11.0x |
| Deckers Outdoor CorporationDECK | 13,720 | 14.9x | 13.7x |
| Domino's Pizza, Inc.DPZ | 12,191 | 20.6x | 18.3x |
| Wynn Resorts, LimitedWYNN | 10,369 | 31.7x | 19.3x |
| Industry Median | 22.8x | 16.0x | |
| (*) Profit after tax | 912 | 865 | |
| Equity Value | 20,785 | 13,812 | |
| (/) Outstanding shares | 276 | 276 | |
| Fair Price | $75 | $50 | |
This P/E relative valuation uses the industry peer median Price-to-Earnings ratio to estimate fair value. Both trailing (last 12 months) and forward (next fiscal year analyst estimates) P/E multiples are computed independently.
The industry median trailing P/E is applied to the company's TTM net income, and the forward P/E to analyst-estimated net income. Each produces an equity value divided by shares outstanding to yield a fair price per share. The selected fair value is the average of the trailing and forward legs.