PACK Stock Analysis: Ranpak Holdings | NYSE
Packaging & Containers | NYSE, USA | Market Cap: 565m USD | 12M Return: 79.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.74M
Qual. Beats: 0
Rev. Trend: 99.6%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 8.3 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Ranpak Holdings Corp. (PACK) provides paper-based protective packaging and end-of-line automation solutions for e-commerce and industrial supply chains across North America, Europe, and Asia. Its core product lines-sold under the FillPak, PadPak, WrapPak, and Geami brands-include void-fill systems, cushioning pads, wrapping materials, and cold-chain insulation products. The company also offers packaging automation equipment used after products are packed to streamline box closure and void filling in distribution operations.
Ranpak sells primarily through a distributor network, with some direct-to-end-user sales. Founded in 1972 and headquartered in Concord Township, Ohio, Ranpak operates in the paper and plastic packaging products sub-industry, where paper-based cushioning solutions are often positioned as a sustainable alternative to plastic fill materials such as air pillows and bubble wrap. The company is classified as a small-cap stock and has been publicly traded on the NYSE since its 2019 IPO.
- E-commerce parcel volume growth drives protective packaging demand
- Paper input cost inflation pressures gross margins
- Plastic ban regulations accelerate sustainable paper packaging adoption
| Net Income: -37.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA 0.36 > 1.0 |
| NWC/Revenue: 14.94% < 20% (prev 18.36%; Δ -3.42% < -1%) |
| CFO/TA 0.03 > 3% & CFO 28.3m > Net Income -37.6m |
| Net Debt (409.3m) to EBITDA (52.9m): 7.74 < 3 |
| Current Ratio: 1.73 > 1.5 & < 3 |
| Outstanding Shares: last quarter (84.8m) vs 12m ago 1.36% < -2% |
| Gross Margin: 24.37% > 18% (prev 34.53%; Δ -10.15% > 0.5%) |
| Asset Turnover: 36.38% > 50% (prev 33.48%; Δ 2.90% > 0%) |
| Interest Coverage Ratio: -0.49 > 6 (EBIT TTM -15.5m / Interest Expense TTM 31.6m) |
| A: 0.05 (Total Current Assets 143.7m - Total Current Liabilities 83.2m) / Total Assets 1.11b |
| B: -0.18 (Retained Earnings -193.8m / Total Assets 1.11b) |
| C: -0.01 (EBIT TTM -15.5m / Avg Total Assets 1.11b) |
| D: 0.90 (Book Value of Equity 524.5m / Total Liabilities 582.6m) |
| Altman-Z'' = 0.64 = B |
| DSRI: 0.96 (Receivables 47.7m/45.9m, Revenue 405.0m/374.8m) |
| GMI: 1.42 (GM 34.53% / 24.37%) |
| AQI: 1.02 (AQ_t 0.73 / AQ_t-1 0.72) |
| SGI: 1.08 (Revenue 405.0m / 374.8m) |
| TATA: -0.06 (NI -37.6m - CFO 28.3m) / TA 1.11b) |
| Beneish M = -2.62 (Cap -4..+1) = A |
As of July 11, 2026, the stock is trading at USD 6.84 with a total of 330,741 shares traded. Over the past week, the price has changed by +4.43%, over one month by +1.79%, over three months by +80.47% and over the past year by +79.53%.
Current recommended Stop Loss: 6.10 (which is 10.8% or 2.1 ATR below the current price).
Ranpak Holdings has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy PACK.
- StrongBuy: 2
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 7.1 | 3.5% |
P/S = 1.3962
P/B = 1.0683
Revenue TTM = 405.0m USD
EBIT TTM = -15.5m USD
EBITDA TTM = 52.9m USD
Long Term Debt = 396.5m USD (from longTermDebt, last quarter)
Short Term Debt = 10.2m USD (from shortTermDebt, last quarter)
Debt = 457.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 28.1m
Net Debt = 409.3m USD (calculated: Debt 457.8m - CCE 48.5m)
Enterprise Value = 974.8m USD (565.5m + Debt 457.8m - CCE 48.5m)
Interest Coverage Ratio = -0.49 (Ebit TTM -15.5m / Interest Expense TTM 31.6m)
EV/FCF = -348.1x (Enterprise Value 974.8m / FCF TTM -2.80m)
FCF Yield = -0.29% (FCF TTM -2.80m / Enterprise Value 974.8m)
FCF Margin = -0.69% (FCF TTM -2.80m / Revenue TTM 405.0m)
Net Margin = -9.28% (Net Income TTM -37.6m / Revenue TTM 405.0m)
Gross Margin = 24.37% ((Revenue TTM 405.0m - Cost of Revenue TTM 306.3m) / Revenue TTM)
Gross Margin QoQ = 25.59% (prev 24.58%)
Tobins Q-Ratio = 0.88 (Enterprise Value 974.8m / Total Assets 1.11b)
Interest Expense / Debt = 6.90% (Interest Expense 31.6m / Debt 457.8m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -12.2m (EBIT -15.5m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.73 (Total Current Assets 143.7m / Total Current Liabilities 83.2m)
Debt / Equity = 0.87 (Debt 457.8m / totalStockholderEquity, last quarter 524.5m)
Debt / EBITDA = 7.74 (Net Debt 409.3m / EBITDA 52.9m)
Debt / FCF = -146.2 (out of range, set to none) (Net Debt 409.3m / FCF TTM -2.80m)
Total Stockholder Equity = 534.0m (last 4 quarters mean from totalStockholderEquity)
RoA = -3.38% (Net Income -37.6m / Total Assets 1.11b)
RoE = -7.04% (Net Income TTM -37.6m / Total Stockholder Equity 534.0m)
RoCE = -1.67% (EBIT -15.5m / Capital Employed (Equity 534.0m + L.T.Debt 396.5m))
RoIC = -1.21% (negative operating profit) (NOPAT -12.2m / Invested Capital 1.01b)
WACC = 9.87% (E(565.5m)/V(1.02b) * Re(13.44%) + D(457.8m)/V(1.02b) * Rd(6.90%) * (1-Tc(0.21)))
Discount Rate = 13.44% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 91.11 | Cagr: 1.19%
[DCF] Fair Price = unknown (Cash Flow -2.80m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.31 | # QB: 0
Revenue Correlation: 99.64 | Revenue CAGR: 9.03% | SUE: 4.0 | # QB: 1
EPS current Quarter (2026-06-30): EPS=-0.08 | Chg30d=+0.00% | Revisions=-25% | Analysts=1
EPS next Quarter (2026-09-30): EPS=-0.01 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=-0.12 | Chg30d=+20.00% | Revisions=-25% | GrowthEPS=+57.4% | GrowthRev=+9.1%
EPS next Year (2027-12-31): EPS=-0.06 | Chg30d=+40.00% | Revisions=-25% | GrowthEPS=+50.0% | GrowthRev=+8.3%