BLL - Embedded Expectations Analysis - 2020 03 11
ï€ Ball Corporation (BLL:USA) currently trades above historical averages relative to UAFRS-based (Uniform) Earnings, with a 27.5x Uniform P/E. At these levels, the market has bullish expectations for the firm, and management is confident about their investments, aluminum cup launch, and industry transitions from plastics to aluminumï€ Specifically, management is confident their focus is on maximizing the value and performance of their investments, they had strong volume in South America, and that on-premise providers will increase the recycling of their aluminum cups as receptacles are in place. Moreover, they are confident about their rollout of their aluminum cups across colleges and universities and that they will get more costs in line following the completion of their recent investments. Furthermore, they are confident more customers are looking to move products from plastics and substrates to aluminum and that they had unplanned double-digit growth in specialty cans
Ball supplies metal packaging to the beverage, personal care and household products industries. The company provides aerospace and other technologies and services. The company's main product line is aluminum beverage containers. The company also produces aerosol containers, extruded aluminum aerosol containers and aluminum slugs. The company's segments are: beverage packaging, North and Central America, beverage packaging, South America, and beverage packaging, Europe, all of which are engaged in manufacturing and selling aluminum beverage containers; and aerospace, which manufactures and sells aerospace and other related products and provides services used in the defense, civil space and commercial space industries.
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