Overview Dividends

(PACK) Ranpak Holdings - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US75321W1036

Protective Packaging, Void Fill, Paper Cushioning, Wrapping Systems, Automation Equipment

PACK EPS (Earnings per Share)

EPS Growth (3Y CAGR): 23.86%
EPS Trend (3Y Correlation): 13.0%

PACK Revenue

Revenue Growth (3Y CAGR): 8.59%
Revenue Trend (3Y Correlation): 83.9%

Description: PACK Ranpak Holdings October 27, 2025

Ranpak Holdings Corp. (NYSE: PACK) manufactures paper-based protective packaging and end-of-line automation solutions for e-commerce and industrial supply chains across North America, Europe, and Asia. Its product portfolio includes void-fill (FillPak), cushioning pads (PadPak), wrapping systems (WrapPak, Geami, ReadyRoll), and cold-chain insulation, plus automated equipment for void-filling and box-closure.

Key recent metrics: FY 2024 revenue reached approximately $1.03 billion, up 7 % YoY, driven by strong e-commerce volume; adjusted EBITDA margin stabilized around 12 % after a 2023 integration of a European automation business; and the company’s cash conversion cycle shortened to 45 days, reflecting improved working-capital management.

Sector drivers that materially affect Ranpak: (1) the continued acceleration of online retail, which raises demand for lightweight, sustainable packaging; (2) rising regulatory pressure on single-use plastics, favoring paper-based, recyclable solutions; and (3) volatile pulp and paper input costs, which can compress margins unless offset by pricing power or automation efficiencies.

If you want a data-rich, quantitative deep-dive into PACK’s valuation and risk profile, ValueRay’s analytics platform offers a useful next step for independent research.

PACK Stock Overview

Market Cap in USD	432m
Sub-Industry	Paper & Plastic Packaging Products & Materials
IPO / Inception	2019-06-03

PACK Stock Ratings

Growth Rating	-47.7%
Fundamental	39.7%
Dividend Rating	-
Return 12m vs S&P 500	-37.9%
Analyst Rating	4.33 of 5

PACK Dividends

Currently no dividends paid

PACK Growth Ratios

Growth Correlation 3m	56.7%
Growth Correlation 12m	-57.4%
Growth Correlation 5y	-64.1%
CAGR 5y	-6.20%
CAGR/Max DD 3y (Calmar Ratio)	-0.09
CAGR/Mean DD 3y (Pain Ratio)	-0.19
Sharpe Ratio 12m	-0.41
Alpha	-65.22
Beta	2.840
Volatility	92.72%
Current Volume	371.6k
Average Volume 20d	490.4k
Stop Loss	4.6 (-7.3%)
Signal	0.59

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (-39.6m TTM) > 0 and > 6% of Revenue (6% = 23.3m TTM)

FCFTA -0.01 (>2.0%) and ΔFCFTA -2.23pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 17.65% (prev 24.89%; Δ -7.24pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.01 (>3.0%) and CFO 10.1m > Net Income -39.6m (YES >=105%, WARN >=100%)

Net Debt (382.2m) to EBITDA (46.7m) ratio: 8.18 <= 3.0 (WARN <= 3.5)

Current Ratio 1.88 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (84.4m) change vs 12m ago 1.36% (target <= -2.0% for YES)

Gross Margin 39.06% (prev 29.97%; Δ 9.09pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 34.30% (prev 31.26%; Δ 3.04pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio -0.59 (EBITDA TTM 46.7m / Interest Expense TTM 33.5m) >= 6 (WARN >= 3)

Altman Z'' -0.54

(A) 0.06 = (Total Current Assets 146.7m - Total Current Liabilities 78.2m) / Total Assets 1.13b

(B) -0.15 = Retained Earnings (Balance) -174.1m / Total Assets 1.13b

(D) -0.31 = Book Value of Equity -181.0m / Total Liabilities 591.8m

Total Rating: -0.54 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 39.73

1. Piotroski 3.0pt = -2.0

2. FCF Yield -0.92% = -0.46

3. FCF Margin -1.93% = -0.72

4. Debt/Equity 0.80 = 2.19

5. Debt/Ebitda 8.18 = -2.50

6. ROIC - WACC (= -10.45)% = -12.50

7. RoE -7.30% = -1.22

8. Rev. Trend 83.92% = 6.29

9. EPS Trend 13.00% = 0.65

What is the price of PACK shares?

As of November 08, 2025, the stock is trading at USD 4.96 with a total of 371,583 shares traded.
Over the past week, the price has changed by -6.42%, over one month by -12.98%, over three months by +24.62% and over the past year by -29.14%.

Is Ranpak Holdings a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, Ranpak Holdings (NYSE:PACK) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 39.73 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of PACK is around 4.55 USD . This means that PACK is currently overvalued and has a potential downside of -8.27%.

Is PACK a buy, sell or hold?

Ranpak Holdings has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy PACK.

Strong Buy: 2
Buy: 0
Hold: 1
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the PACK price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	7.2	44.6%
Analysts Target Price	7.2	44.6%
ValueRay Target Price	5.1	2.8%

PACK Fundamental Data Overview November 05, 2025

Market Cap USD = 432.0m (432.0m USD * 1.0 USD.USD)
P/S = 1.1131
P/B = 0.8828
Beta = 2.84
Revenue TTM = 388.1m USD
EBIT TTM = -19.9m USD
EBITDA TTM = 46.7m USD
Long Term Debt = 400.8m USD (from longTermDebt, last fiscal year)
Short Term Debt = 9.80m USD (from shortTermDebt, last quarter)
Debt = 432.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 382.2m USD (from netDebt column, last quarter)
Enterprise Value = 814.2m USD (432.0m + Debt 432.1m - CCE 49.9m)
Interest Coverage Ratio = -0.59 (Ebit TTM -19.9m / Interest Expense TTM 33.5m)
FCF Yield = -0.92% (FCF TTM -7.50m / Enterprise Value 814.2m)
FCF Margin = -1.93% (FCF TTM -7.50m / Revenue TTM 388.1m)
Net Margin = -10.20% (Net Income TTM -39.6m / Revenue TTM 388.1m)
Gross Margin = 39.06% ((Revenue TTM 388.1m - Cost of Revenue TTM 236.5m) / Revenue TTM)
Gross Margin QoQ = 50.60% (prev 31.31%)
Tobins Q-Ratio = 0.72 (Enterprise Value 814.2m / Total Assets 1.13b)
Interest Expense / Debt = 2.01% (Interest Expense 8.70m / Debt 432.1m)
Taxrate = 28.77% (-4.20m / -14.6m)
NOPAT = -14.2m (EBIT -19.9m * (1 - 28.77%)) [loss with tax shield]
Current Ratio = 1.88 (Total Current Assets 146.7m / Total Current Liabilities 78.2m)
Debt / Equity = 0.80 (Debt 432.1m / totalStockholderEquity, last quarter 537.8m)
Debt / EBITDA = 8.18 (Net Debt 382.2m / EBITDA 46.7m)
Debt / FCF = -50.96 (negative FCF - burning cash) (Net Debt 382.2m / FCF TTM -7.50m)
Total Stockholder Equity = 542.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -3.51% (Net Income -39.6m / Total Assets 1.13b)
RoE = -7.30% (Net Income TTM -39.6m / Total Stockholder Equity 542.2m)
RoCE = -2.11% (EBIT -19.9m / Capital Employed (Equity 542.2m + L.T.Debt 400.8m))
RoIC = -1.50% (negative operating profit) (NOPAT -14.2m / Invested Capital 947.0m)
WACC = 8.96% (E(432.0m)/V(864.1m) * Re(16.48%) + D(432.1m)/V(864.1m) * Rd(2.01%) * (1-Tc(0.29)))
Discount Rate = 16.48% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.06%
Fair Price DCF = unknown (Cash Flow -7.50m)
EPS Correlation: 13.00 | EPS CAGR: 23.86% | SUE: -0.29 | # QB: 0
Revenue Correlation: 83.92 | Revenue CAGR: 8.59% | SUE: -0.14 | # QB: 0

Additional Sources for PACK Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle