Smurfit Kappa Group
Financial ratios & Valuation

Forward Multiples (2025 – 2025)

2025
Price/Earnings ratio
11.17
Price/Sales ratio
N/A
Earnings per Share (EPS)
$3.73

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
17.6213.6111.6915.88-8.4616.7916.7219.049.4712.0412.53-8.46
Price/Sales ratio
0.520.670.630.770.610.881.061.270.690.801.680.61
Price/Book Value ratio
1.912.502.222.641.982.702.412.951.781.642.041.98
Price/Cash Flow ratio
5.776.997.078.915.296.877.3113.116.165.885.635.29
Price/Free Cash Flow ratio
14.6416.0217.6623.2311.3915.0512.4334.8515.9213.2525.0111.39
Price/Earnings Growth ratio
0.600.211.26-2.500.03-0.091.941.000.30-0.730.120.03
Dividend Yield
2.51%2.58%3.19%2.88%3.89%2.97%2.85%2.33%3.71%4.01%108.43%3.89%
Profitability Indicator Ratios
Gross Profit Margin
29.48%29.95%30.26%29.82%33.05%33.21%33.69%30.59%31.70%33.59%33.61%33.05%
Operating Profit Margin
8.17%8.76%9.98%9.30%11.61%9.77%10.44%10.61%11.22%13.07%11.24%11.24%
Pretax Profit Margin
4.67%7.38%8.01%6.72%-4.51%7.48%8.76%9.03%10.08%9.34%8.96%-4.51%
Net Profit Margin
2.98%4.93%5.44%4.87%-7.22%5.26%6.38%6.71%7.36%6.70%6.44%-7.22%
Effective Tax Rate
33.33%31.05%29.96%26.56%-58.16%28.50%26.87%25.62%26.91%28.11%28.17%-58.16%
Return on Assets
2.84%4.69%5.00%4.63%-6.80%4.79%5.29%5.79%7.56%5.74%6.87%-6.80%
Return On Equity
10.84%18.37%19.06%16.62%-23.41%16.12%14.45%15.50%18.78%13.64%16.51%-23.41%
Return on Capital Employed
9.85%10.64%11.71%12.29%14.09%11.46%11.05%12.08%15.21%14.07%15.07%14.09%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.51N/A
Quick Ratio
1.070.951.000.830.980.831.101.061.071.131.130.98
Cash ratio
0.210.140.220.210.190.080.390.300.250.330.330.19
Days of Sales Outstanding
55.0957.0258.4658.2758.8756.5562.2573.4164.9664.5851.8656.55
Days of Inventory outstanding
45.4647.7450.6151.5752.2950.1350.5954.9451.7550.3340.4250.13
Operating Cycle
100.55104.77109.08109.85111.16106.68112.85128.36116.72114.9292.29106.68
Days of Payables Outstanding
100.72107.44109.37108.07114.02112.52118.41133.35110.1856.2192.79112.52
Cash Conversion Cycle
-0.17-2.66-0.281.77-2.86-5.83-5.56-4.996.5358.70-0.50-2.86
Debt Ratios
Debt Ratio
0.370.390.380.370.370.370.390.360.320.310.310.37
Debt Equity Ratio
1.421.531.451.331.281.241.060.970.800.740.741.24
Long-term Debt to Capitalization
0.580.590.580.510.550.540.500.480.430.410.410.54
Total Debt to Capitalization
0.580.600.590.570.560.550.510.490.440.420.420.55
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A9.88N/A
Cash Flow to Debt Ratio
0.230.230.210.220.290.310.300.230.350.370.480.29
Company Equity Multiplier
3.813.903.803.593.443.362.722.672.482.372.373.36
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.090.090.080.080.110.120.140.090.110.130.140.11
Free Cash Flow / Operating Cash Flow Ratio
0.390.430.400.380.460.450.580.370.380.440.470.46
Cash Flow Coverage Ratio
0.230.230.210.220.290.310.300.230.350.370.480.29
Short Term Coverage Ratio
11.329.165.351.106.186.286.585.277.528.0110.446.18
Dividend Payout Ratio
44.39%35.25%37.38%45.80%-32.97%50%47.70%44.47%35.16%48.41%45.35%-32.97%