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Silgan Holdings Inc  (NYSE: SLGN)
 
Price: $39.3100 $-1.87 -4.541%
Day's High: $40.709999084472656 Week Perf: -5.07 %
Day's Low: $ 39.26 30 Day Perf: -5.75 %
Volume (M): 1,059,630 52 Wk High: $ 49.55
Volume (M$): $ 0 52 Wk Avg: $41.89
Open: $40.60 52 Wk Low: $35.68



 Market Capitalization (Millions $) 4,159
 Shares Outstanding (Millions) 106
 Employees 17,240
 Revenues (TTM) (Millions $) 6,682
 Net Income (TTM) (Millions $) 270
 Cash Flow (TTM) (Millions $) 118
 Capital Exp. (TTM) (Millions $) 298

Business Description


We are a leading manufacturer of rigid packaging for consumer goods products. Our products are used for a wide variety of end markets and we operate 87 manufacturing plants in North America, Europe, Asia and South America. Our products include:

steel and aluminum containers for human and pet food and general line products;

metal, composite and plastic closures for food and beverage products; and

custom designed plastic containers and closures for personal care, food, health care, pharmaceutical, household and industrial chemical, pet care, agricultural, automotive and marine chemical products.


We are a leading manufacturer of metal containers in North America and Europe, and in North America we are the largest manufacturer of metal food containers with a unit volume market share in the United States of approximately sixty percent. Our leadership in these markets is driven by our high levels of quality, service and technological support, our low cost producer position, our strong long-term customer relationships and our proximity to customers through our widespread geographic presence. We have 46 metal container manufacturing facilities located in the United States, Europe and Asia, serving over 50 countries throughout the world. Additionally, we believe that we have the most comprehensive equipment capabilities in the industry.

We are also a leading worldwide manufacturer of metal, composite and plastic closures for food and beverage products. Our leadership position in closures is a result of our ability to provide customers with high levels of quality, service and technological support. Our closures business provides customers with an extensive variety of proprietary metal, composite and plastic closures that ensure closure quality and safety, as well as state-of-the-art capping/sealing equipment and detection systems to complement our closures product offering. We have 19 closure manufacturing facilities located in North America, Europe, Asia and South America, from which we serve over 70 countries throughout the world. In addition, we license our technology to five other manufacturers for various markets we do not serve directly.

METAL CONTAINER BUSINESS
The manufacturing operations of our metal container business include cutting, coating, lithographing, fabricating, assembling and packaging finished cans. We use three basic processes to produce cans. The traditional three-piece method requires three pieces of flat metal to form a cylindrical body with a welded
side seam, a bottom and a top. High integrity of the side seam is assured by the use of sophisticated electronic weld monitors and organic coatings that are thermally cured by induction and convection processes. The other two methods of producing cans start by forming a shallow cup that is then formed into the desired height using either the draw and iron process or the draw and redraw process. Using the draw and redraw process, we manufacture steel and aluminum two-piece cans, the height of which generally does not exceed the diameter. For cans the height of which is greater than the diameter, we manufacture steel two-piece cans by using a drawing and ironing process. Quality and stackability of these cans are comparable to that of the shallow two-piece cans described above. We manufacture can bodies and ends from thin, high-strength aluminum alloys and steels by utilizing proprietary tool and die designs and selected can making equipment. We also manufacture our Quick Top® easy-open ends from both steel and aluminum alloys in a sophisticated precision progressive die process. We regularly review our Quick Top® easy-open end designs for improvements for optimum consumer preference through consumer studies and feedback.

CLOSURES BUSINESS
The manufacturing operations for metal closures include cutting, coating, lithographing, fabricating and lining. We manufacture twist-off, lug style and press-on, twist-off steel closures and aluminum roll-on closures for glass, metal and plastic containers, ranging in size from 18 to 110 millimeters in diameter. We employ state-of-the-art multi-die presses to manufacture metal closures, offering a low-cost, high quality means of production. We also provide customers of our closures business with custom formulations of sealing/lining materials, designed to minimize torque removal and enhance the openability of our closures while meeting applicable regulatory requirements.
We utilize two basic processes to produce plastic closures. In the injection molded process, pellets of plastic resin are heated and injected into a mold, forming a plastic closure shell. The shell can include a molded linerless seal or a custom formulated, compression molded sealing system. The shell can then be slit and printed depending on its end use. In the compression molded process, pellets of plastic resin are heated and extruded, and then compressed to form a plastic closure shell. The shell can include a molded linerless seal or a custom formulated, compression molded sealing system. The shell can then be slit and printed depending on its end use. In either process, the shell can also be lined with foil seal systems formulated for its end use.

For composite closures, a metal panel is manufactured using the same manufacturing process for metal closures, including the use of custom formulations of sealing/lining materials, and then it is inserted into a plastic closure shell.

PLASTIC CONTAINER BUSINESS
We utilize two basic processes to produce plastic containers. In the extrusion blowmolding process, pellets of plastic resin are heated and extruded into a tube of plastic. A two-piece metal mold is then closed around the plastic tube and high pressure air is blown into it causing a bottle to form in the mold’s shape. In the injection and injection stretch blowmolding processes, pellets of plastic resin are heated and injected into a mold, forming a plastic preform. The plastic preform is then blown into a bottle-shaped metal mold, creating a plastic bottle.


We also manufacture plastic closures, caps, sifters and fitments using runnerless injection molding technology. In this process, pellets of plastic resin are melted and forced under pressure into a mold, where they take the mold’s shape.


Our plastic thermoformed bowls, trays and tubs are manufactured by melting pellets of plastic resin into an extruded plastic sheet. The plastic sheet is then formed in a mold to make the plastic bowl, tray or tub.


We have state-of-the-art decorating equipment, including several of the largest sophisticated decorating facilities in the United States. Our decorating methods for plastic containers are in-mold labeling, which applies a plastic film label to the bottle during the blowing process, and post-mold decoration. Post-mold decoration includes:

silk screen decoration which enables the applications of images in multiple colors to the bottle;

pressure sensitive decoration which uses a plastic film or paper label with an adhesive;

heat transfer decoration which uses a plastic coated label applied by heat;

hot stamping decoration which transfers images from a die using metallic foils; and

shrink sleeve labeling.



   Company Address: 601 Merritt 7 Norwalk, 6851 CT
   Company Phone Number: 975-7110   Stock Exchange / Ticker: NYSE SLGN


Customers Net Income grew by SLGN's Customers Net Profit Margin grew to

31.45 %

2.9 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BALL   -3.1%    
GPK   -11.7%    
OI   -7.15%    
PKG   -0.83%    
AMCR   -3.38%    
ATR   -5.53%    
• View Complete Report
   



Dividend

Silgan Holdings Inc. Declares Quarterly Dividend Resulting in a 7.04% Decline in Share Price, But Long-Term Performance Remains Promising, refusal: null

Published Wed, Aug 7 2024 7:15 AM UTC

Silgan Holdings Inc. Declares Quarterly Dividend, Impacts Shareholders as Stock Price Declines by 7.04%
STAMFORD, Conn. - Silgan Holdings Inc. (NYSE: SLGN), a global leader in providing sustainable rigid packaging solutions for essential consumer goods, announced today that its Board of Directors has approved a quarterly cash dividend on its common stock. The dividend pa...

Stocks on the Move

Silgan Holdings Navigating Challenges and Seizing Opportunities Amidst Mixed Q2 Results and Strategic Acquisitions

Published Mon, Aug 5 2024 4:13 PM UTC

Analyzing Silgan Holdings Inc.’s Recent Market Performance Amidst Mixed Earnings and Growth StrategyIn recent weeks, Silgan Holdings Inc. (NYSE: SLGN), a leader in rigid packaging solutions, has faced a fluctuating stock performance as a result of various corporate developments and market reactions. While the overall trends in the market affected business sentiment, Silga...

Dividend

Silgan Holdings Inc. Marks 20 Years of Dividend Growth with Continued Financial Strength

Published Tue, Feb 27 2024 9:30 PM UTC



Silgan Holdings Inc., a leading provider of sustainable rigid packaging solutions for essential consumer goods, has recently announced its 20th consecutive annual dividend increase. The company s strong financial performance and promising business prospects have enabled it to declare a quarterly cash dividend of $0.19 per share on its common stock. This decision re...

Dividend

Silgan Holdings Inc Stays Resilient Amidst Market Turbulence, Declares Quarterly Dividend to Reward Shareholders' Trust

Published Tue, Oct 31 2023 9:00 PM UTC

Silgan Declares Quarterly Dividend Amidst Challenging Market Conditions
STAMFORD, Conn. - Silgan Holdings Inc. (NYSE: SLGN), a leading supplier of sustainable rigid packaging solutions for essential consumer goods products worldwide, recently announced the declaration of a quarterly cash dividend on its common stock. The company s Board of Directors approved a dividend o...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) 15.40
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 0.62
Price to Sales (Expected) -
Price to Book 1.75
PEG (TTM) -

Financial Strength Current
Quick Ratio 0.14
Working Capital Ratio 1.27
Leverage Ratio (MRQ) 3.54
Total Debt to Equity 2.53
Interest Coverage (TTM) 4.89
Debt Coverage (TTM) 0.18

Per Share Current
Earnings (TTM) 2.55 $
Revenues (TTM) 63.16 $
Cash Flow (TTM) 1.12 $
Cash 3.32 $
Book Value 22.49 $
Dividend (TTM) 0.82 $

Efficiency Current
Revenue per Employee (TTM) 387,580
Net Income per Employee (TTM) 15,678
Receivable Turnover Ratio (TTM) 5.68
Inventory Turnover Ratio (TTM) 4.97
Asset Turnover Ratio (TTM) 0.71

Profitability Ratios Current
Gross Margin (MRQ) 17.94 %
Operating Margin (MRQ) 0 %
Net Margin (MRQ) 4.61 %
Net Cash Flow Margin (MRQ) 0 %
Effective Tax Rate (TTM) 31.65 %

Management Effectiveness Current
Return On Assets (TTM) 2.86 %
Return On Investment (TTM) 4.12 %
Return On Equity (TTM) 11.69 %
Dividend Yield 2.14 %
Pay out Ratio (TTM) 32.13 %



Silgan Holdings Inc's Segments
Dispensing and Specialty Closures    85.15 % of total Revenue
Metal Containers    90.6 % of total Revenue
Custom Containers    19.26 % of total Revenue
North America    135.16 % of total Revenue
Europe and Other    59.85 % of total Revenue





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