Ball Financials

BALL Stock  USD 60.83  0.41  0.68%   
Based on the analysis of Ball's profitability, liquidity, and operating efficiency, Ball Corporation is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, Ball's Property Plant And Equipment Net is quite stable compared to the past year. Net Debt is expected to rise to about 8.3 B this year, although the value of Inventory will most likely fall to about 861.6 M. Key indicators impacting Ball's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.02890.0504
Way Down
Very volatile
Return On Assets0.04280.0366
Fairly Up
Slightly volatile
Return On Equity0.140.1876
Way Down
Slightly volatile
Debt Equity Ratio1.42.2735
Way Down
Very volatile
Operating Income1.5 B1.4 B
Sufficiently Up
Slightly volatile
Current Ratio1.430.7895
Way Up
Slightly volatile
Investors should never underestimate Ball's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Ball's cash flow, debt, and profitability to make informed and accurate decisions about investing in Ball Corporation.

Net Income

742.35 Million

  
Understanding current and past Ball Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ball's financial statements are interrelated, with each one affecting the others. For example, an increase in Ball's assets may result in an increase in income on the income statement.

Ball Earnings Geography

Ball Stock Summary

Ball competes with Graphic Packaging, Silgan Holdings, Sonoco Products, Reynolds Consumer, and Sealed Air. Ball Corporation supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally. Ball Corporation was founded in 1880 and is headquartered in Westminster, Colorado. Ball operates under Packaging Containers classification in the United States and is traded on New York Stock Exchange. It employs 24300 people.
Specialization
Consumer Cyclical, Packaging & Containers
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS0584981064
CUSIP058498106
LocationColorado; U.S.A
Business Address9200 West 108th
SectorContainers & Packaging
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.ball.com
Phone303 469 3131
CurrencyUSD - US Dollar

Ball Key Financial Ratios

Ball Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets17.4B18.3B19.7B19.9B19.3B20.3B
Other Current Liab618M934M1.1B1.1B1.4B1.4B
Net Debt6.0B6.4B7.2B8.4B7.9B8.3B
Retained Earnings5.8B6.2B6.8B7.3B7.8B8.2B
Cash1.8B1.4B563M548M695M729.8M
Net Receivables1.6B1.7B2.6B2.6B2.3B2.5B
Inventory1.3B1.4B1.8B2.2B1.6B861.6M
Other Current Assets181M218M305M168M295M309.8M
Total Liab14.3B14.9B16.0B16.4B15.5B16.2B
Total Current Assets4.9B4.7B5.2B5.5B4.9B5.1B
Short Term Debt1.5B80M95M1.5B1.1B1.1B
Accounts Payable3.1B3.4B4.8B4.4B3.8B3.9B
Intangible Assets2.0B1.9B1.7B1.4B1.3B885.3M
Common Stock1.2B1.2B1.2B1.3B1.3B985.0M
Good Will4.4B4.5B4.4B4.2B4.3B3.3B
Other Liab2.2B2.5B2.0B1.5B1.3B1.7B
Net Tangible Assets(3.5B)(3.1B)(2.4B)3.5B4.0B4.2B
Other Assets1.1B1.2B1.3B1.1B1.3B1.3B
Long Term Debt6.3B7.8B7.7B7.5B7.5B8.0B
Net Invested Capital10.8B11.1B11.4B12.5B12.3B12.5B
Short Long Term Debt1.5B17M15M1.4B1.1B770.7M
Capital Stock1.2B1.2B1.2B1.3B1.3B1.3B
Net Working Capital(693M)231M(730M)(1.5B)(1.3B)(1.2B)

Ball Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue11.5B11.8B13.8B15.3B14.0B14.7B
Gross Profit2.3B2.5B2.7B2.6B2.7B2.8B
Operating Income1.2B1.2B1.4B1.3B1.4B1.5B
Ebit1.2B954M1.3B1.2B1.3B1.3B
Ebitda1.8B1.6B2.0B1.9B2.0B2.1B
Cost Of Revenue9.2B9.3B11.1B12.8B11.4B11.9B
Income Before Tax608M687M1.0B884M814M854.7M
Net Income566M585M878M719M707M742.4M
Income Tax Expense71M99M156M159M123M87.6M
Interest Expense317M275M270M312M459M241.9M
Research Development44M47M56M55M63.3M43.7M
Net Interest Income(324M)(316M)(283M)(330M)(462M)(485.1M)
Minority Interest30M3M(1M)(13M)(5M)(4.8M)

Ball Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(45M)(64M)(464M)(458M)626M657.3M
Change In Cash1.1B(425M)(802M)(21M)152M159.6M
Free Cash Flow950M319M34M(1.4B)818M858.9M
Depreciation678M668M700M672M686M720.3M
Other Non Cash Items143M271M27M(195M)173M181.7M
Dividends Paid182M198M229M254M252M264.6M
Capital Expenditures598M1.1B1.7B1.7B1.0B1.1B
Net Income536M582M878M732M711M746.6M
End Period Cash Flow1.8B1.4B579M558M710M745.5M
Investments(422M)(1.2B)(1.6B)(768M)(1.2B)(1.2B)
Net Borrowings1.1B(262M)98M1.4B1.6B1.6B
Change To Netincome72M258M63M(250M)(225M)(213.8M)

Ball Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ball's current stock value. Our valuation model uses many indicators to compare Ball value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ball competition to find correlations between indicators driving Ball's intrinsic value. More Info.
Ball Corporation is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.33  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ball Corporation is roughly  3.01 . At this time, Ball's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Ball by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Ball Systematic Risk

Ball's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ball volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Ball correlated with the market. If Beta is less than 0 Ball generally moves in the opposite direction as compared to the market. If Ball Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ball is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ball is generally in the same direction as the market. If Beta > 1 Ball moves generally in the same direction as, but more than the movement of the benchmark.

Ball Thematic Clasifications

Ball Corporation is part of Shipping Containers investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Shipping Containers industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Shipping ContainersView
This theme covers USA Equities from Shipping Containers industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Ball Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ball's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ball growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(27.61)

At this time, Ball's Price Earnings To Growth Ratio is quite stable compared to the past year.

Ball November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ball help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ball Corporation. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ball Corporation based on widely used predictive technical indicators. In general, we focus on analyzing Ball Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ball's daily price indicators and compare them against related drivers.
When determining whether Ball is a strong investment it is important to analyze Ball's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ball's future performance. For an informed investment choice regarding Ball Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ball Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Metal, Glass & Plastic Containers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ball. If investors know Ball will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ball listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.008
Dividend Share
0.8
Earnings Share
2.4
Revenue Per Share
44.401
Quarterly Revenue Growth
(0.01)
The market value of Ball is measured differently than its book value, which is the value of Ball that is recorded on the company's balance sheet. Investors also form their own opinion of Ball's value that differs from its market value or its book value, called intrinsic value, which is Ball's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ball's market value can be influenced by many factors that don't directly affect Ball's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ball's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ball is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ball's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.