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REYN - Reynolds Consumer Pr...

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Reynolds Consumer Products Inc.

REYN

NASDAQ

Reynolds Consumer Products Inc. produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally. It operates through four segments: Reynolds Cooking & Baking, Hefty Waste & Storage, Hefty Tableware, and Presto Products. The Reynolds Cooking & Baking segment produces foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags, and slow cooker liners under the Reynolds Wrap, Reynolds KITCHENS, and E-Z Foil brands in the United States, as well as under the ALCAN brand in Canada and under the Diamond brand internationally. The Hefty Waste & Storage segment offers trash bags under the Hefty Ultra Strong and Hefty Strong brands; and food storage bags under the Hefty and Baggies brands. This segment also provides a suite of products, including blue and clear recycling bags, compostable bags, bags made from recycled materials, and the Hefty EnergyBag Program. The Hefty Tableware segment offers disposable and compostable plates, bowls, platters, cups, and cutlery under the Hefty brand. The Presto Products segment primarily sells store brand products in food storage bags, trash bags, reusable storage containers, and plastic wrap categories. Reynolds Consumer Products Inc. offers both branded and store brand products to grocery stores, mass merchants, warehouse clubs, discount chains, dollar stores, drug stores, home improvement stores, military outlets, and eCommerce retailers. The company was founded in 1947 and is headquartered in Lake Forest, Illinois. Reynolds Consumer Products Inc. operates as a subsidiary of Packaging Finance Limited.

23.9 USD

0.62 (2.59%)

Operating Data

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

3.26B

3.56B

3.82B

3.76B

3.62B

3.72B

3.82B

3.93B

4.03B

4.15B

Revenue %

-

8.98

7.34

-1.6

-3.67

2.76

2.76

2.76

2.76

Ebitda

685M

587M

531M

636M

707M

653.5M

671.55M

690.1M

709.16M

728.74M

Ebitda %

20.99

16.51

13.91

16.93

19.54

17.58

17.58

17.58

17.58

Ebit

586M

478M

414M

512M

578M

534.3M

549.05M

564.22M

579.8M

595.81M

Ebit %

17.96

13.44

10.85

13.63

15.98

14.37

14.37

14.37

14.37

Depreciation

99M

109M

117M

124M

129M

119.21M

122.5M

125.88M

129.36M

132.93M

Depreciation %

3.03

3.07

3.07

3.3

3.57

3.21

3.21

3.21

3.21

Balance Sheet

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Total Cash

312M

164M

38M

115M

137M

163.72M

168.24M

172.89M

177.66M

182.57M

Total Cash %

9.56

4.61

1

3.06

3.79

4.4

4.4

4.4

4.4

Receivables

309M

338M

370M

361M

350M

356.57M

366.42M

376.54M

386.94M

397.63M

Receivables %

9.47

9.51

9.69

9.61

9.67

9.59

9.59

9.59

9.59

Inventories

419M

583M

722M

524M

567M

578.31M

594.28M

610.7M

627.56M

644.9M

Inventories %

12.84

16.39

18.92

13.95

15.67

15.55

15.55

15.55

15.55

Payable

226M

261M

298M

253M

319M

279.78M

287.51M

295.45M

303.61M

311.99M

Payable %

6.93

7.34

7.81

6.74

8.82

7.53

7.53

7.53

7.53

Cap Ex

-143M

-141M

-128M

-104M

-

-107.6M

-110.57M

-113.62M

-116.76M

-119.98M

Cap Ex %

-4.38

-3.97

-3.35

-2.77

-

-2.89

-2.89

-2.89

-2.89

Weighted Average Cost Of Capital

Price

23.9

Beta

Diluted Shares Outstanding

210.4M

Costof Debt

7.53

Tax Rate

After Tax Cost Of Debt

5.88

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

1.69B

Total Equity

5.03B

Total Capital

6.71B

Debt Weighting

25.11

Equity Weighting

74.89

Wacc

6.76

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

3.26B

3.56B

3.82B

3.76B

3.62B

3.72B

3.82B

3.93B

4.03B

4.15B

Ebitda

685M

587M

531M

636M

707M

653.5M

671.55M

690.1M

709.16M

728.74M

Ebit

586M

478M

414M

512M

578M

534.3M

549.05M

564.22M

579.8M

595.81M

Tax Rate

21.95

21.95

21.95

21.95

21.95

21.95

21.95

21.95

21.95

21.95

Ebiat

412.24M

360.17M

316.01M

388.23M

451.12M

401.69M

412.78M

424.18M

435.9M

447.94M

Depreciation

99M

109M

117M

124M

129M

119.21M

122.5M

125.88M

129.36M

132.93M

Receivables

309M

338M

370M

361M

350M

356.57M

366.42M

376.54M

386.94M

397.63M

Inventories

419M

583M

722M

524M

567M

578.31M

594.28M

610.7M

627.56M

644.9M

Payable

226M

261M

298M

253M

319M

279.78M

287.51M

295.45M

303.61M

311.99M

Cap Ex

-143M

-141M

-128M

-104M

-

-107.6M

-110.57M

-113.62M

-116.76M

-119.98M

Ufcf

-133.76M

170.17M

171.01M

570.23M

614.12M

356.19M

406.62M

417.85M

429.39M

441.25M

Wacc

6.76

6.76

6.76

6.76

6.76

Pv Ufcf

333.64M

356.76M

343.4M

330.54M

318.16M

Sum Pv Ufcf

1.68B

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

6.76

Free Cash Flow T1

450.08M

Terminal Value

9.45B

Present Terminal Value

6.81B

Intrinsic Value

Enterprise Value

8.49B

Net Debt

1.69B

Equity Value

6.81B

Diluted Shares Outstanding

210.4M

Equity Value Per Share

32.35

Projected DCF

32.35 0.261%

DCF Levered

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