Added to YB: 2024-05-27
Pitch date: 2024-05-24
SKG.L [bullish]
Smurfit Westrock Plc
-9.04%
current return
Author Info
No bio for this author
Company Info
Smurfit Westrock Plc, together with its subsidiaries, manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products.
Market Cap
$19.4B
Pitch Price
$45.56
Price Target
N/A
Dividend
4.64%
EV/EBITDA
7.32
P/E
26.16
EV/Sales
1.05
Sector
Containers and Packaging
Category
special_situation
Harris Associates International Equity Strategy New Position: Smurfit Kappa Group plc
SKG.L: Europe's top containerboard & corrugated box producer acquiring underperforming #2 US player WestRock. Volumes pressured by post-Covid supply chain issues now unwinding. WestRock to benefit from SKG's strategic investments & operational improvements. US listing of combined entity offers upside as US producers trade at premium to EU. Shares at discount to estimated intrinsic value of pro forma company.
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