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SEESealed Air Corporation
$42.15$6.2B
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  4. Financial Ratios

Sealed Air Corporation (SEE) Financial Ratios

Latest Ratios: P/E Ratio 12.3x · EV/EBITDA 14.3x · ROE 54.3%. (1996–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

SEE Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$6.2B$6.1B$4.9B$5.3B$7.4B$10.3B$7.1B$6.2B$5.6B$9.3B$8.9B
Enterprise Value$10.0B$9.9B$9.1B$9.7B$10.6B$13.5B$10.4B$9.8B$8.8B$12.0B$12.9B
P/E Ratio →12.2912.0818.6915.4714.9820.3214.2223.5728.7911.4918.43
P/S Ratio1.161.140.920.961.301.861.461.291.182.091.32
P/B Ratio5.024.947.919.6321.3741.3441.41——61.1514.66
P/FCF13.5413.339.7319.4519.5520.7112.8519.2321.5243.5014.17
P/OCF9.889.736.7810.2511.9914.499.6912.0913.0423.409.86

P/E links to full P/E history page with 30-year chart

SEE EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—1.841.681.771.892.442.132.051.862.681.91
EV / EBITDA14.3314.199.299.859.4312.4110.8413.4711.1516.7214.02
EV / EBIT13.7314.1912.1613.7611.8515.1513.0317.7213.3920.0122.01
EV / FCF—21.5217.8735.7828.3227.1818.7730.5733.8655.9420.49

SEE Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin29.8%29.8%30.1%29.9%31.4%30.4%32.8%32.7%31.7%31.8%37.3%
Operating Margin13.5%13.5%13.6%13.7%16.7%16.3%16.1%12.1%13.9%13.4%12.1%
Net Profit Margin9.4%9.4%4.9%6.2%8.7%9.2%10.3%5.5%4.1%18.3%7.2%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE54.3%54.3%45.1%76.5%165.9%240.6%291.5%——213.9%85.6%
ROA7.2%7.2%3.7%5.1%7.9%8.2%8.5%4.9%3.7%12.9%6.6%
ROIC11.2%11.2%11.3%13.1%20.0%19.5%17.1%13.8%17.4%12.0%13.1%
ROCE14.1%14.1%13.3%15.4%22.6%20.2%17.4%14.7%17.6%13.0%15.0%

SEE Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity3.313.317.228.7110.9015.1722.25——21.397.15
Debt / EBITDA5.905.904.624.843.323.473.995.364.414.554.72
Net Debt / Equity—3.046.628.089.5812.9219.07——17.496.55
Net Debt / EBITDA5.405.404.234.492.922.953.425.004.063.724.33
Debt / FCF—8.198.1516.328.776.475.9211.3412.3512.446.33
Interest Coverage3.183.182.592.555.305.104.192.753.312.922.94

SEE Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio0.910.911.161.301.021.031.381.091.041.351.05
Quick Ratio0.560.560.720.790.600.670.940.690.680.990.73
Cash Ratio0.160.160.230.230.220.280.400.180.180.430.17
Asset Turnover—0.760.770.760.910.890.810.830.940.840.92
Inventory Turnover5.115.115.224.974.475.315.525.665.936.016.44
Days Sales Outstanding—46.0438.4438.6846.8548.3350.7551.0147.2859.5329.33

SEE Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield1.9%2.0%2.4%2.2%1.6%1.1%1.4%1.6%1.9%1.3%1.4%
Payout Ratio23.6%23.6%44.6%34.5%24.1%22.8%20.0%37.7%53.9%14.7%25.0%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield8.1%8.3%5.4%6.5%6.7%4.9%7.0%4.2%3.5%8.7%5.4%
FCF Yield7.4%7.5%10.3%5.1%5.1%4.8%7.8%5.2%4.6%2.3%7.1%
Buyback Yield0.0%0.0%0.2%1.5%3.8%3.9%0.5%1.1%10.4%14.0%2.8%
Total Shareholder Yield1.9%2.0%2.6%3.7%5.4%5.0%1.9%2.7%12.3%15.3%4.1%
Shares Outstanding—$148M$146M$145M$147M$152M$156M$155M$160M$189M$197M

Key Metrics

Growth RegimeMixed
ProfitabilityModerate
Balance SheetStrained
Cash FlowMixed
Top Statement Risk

High leverage and cyclicality

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2025Q4)

Complexity Discount Masks Underlying Value

Based on current market data, Sealed Air trades at a P/E of 12.29x, which appears to reflect a complexity discount relative to peers, as investors weigh the company's integrated automation strategy against the higher capital intensity and cyclical risks inherent in its protein-focused packaging business model.

The forward P/E of 12.38x suggests that the market anticipates limited earnings growth in the near term, likely due to the ongoing restructuring and cattle cycle headwinds. This valuation multiple warrants investigation, as it may undervalue the recurring revenue stream from the company's massive installed base of proprietary machinery.

Capital Efficiency Constrained by Acquisitions

As reported in financial statements, ROIC has remained suppressed, fluctuating between 1.8% and 3.3% over the last ten quarters, which suggests that the company's historical acquisition strategy has yet to generate returns that meaningfully exceed its cost of capital in the current interest rate environment.

The persistent gap between ROIC and historical averages indicates that the company is struggling to extract sufficient operational synergies from its recent large-scale investments. Investors should monitor whether the 'See Next' program can improve asset utilization and drive a more favorable return profile in the coming fiscal years.

Working Capital Volatility Impacts Liquidity

According to recent quarterly data, the cash conversion cycle has remained erratic, ranging from 36 to 64 days, which highlights the operational friction in managing inventory and receivables across a global supply chain that is highly sensitive to both resin price fluctuations and customer demand shifts.

The variability in the CCC suggests that the company's working capital management is frequently disrupted by the lumpy nature of its equipment sales and the timing of price pass-throughs. This inefficiency may be a structural drag on cash flow that requires more consistent operational execution to resolve.

Debt Burden Limits Strategic Flexibility

Based on reported figures, the debt-to-EBITDA ratio remains elevated at 22.57x in the most recent quarter, signaling that the company's balance sheet remains significantly strained and that its ability to pursue further M&A or return capital to shareholders is severely constrained by debt service requirements.

While the company has made progress in reducing its debt-to-equity ratio from historical peaks, the interest coverage ratio of 1.32x indicates a narrow margin of safety. This leverage profile leaves the company vulnerable to credit market tightening and limits its capacity to invest in the next generation of automation technology.

Misapplication of P/E Multiples

The P/E ratio is frequently misapplied to Sealed Air, as it fails to account for the significant non-cash amortization of intangibles and recurring restructuring charges that distort GAAP earnings, thereby obscuring the true cash-generating power of the company's integrated razor-razorblade business model.

Analysts should prioritize EV/EBITDA or P/FCF to better capture the underlying operational performance, as these metrics are less sensitive to the accounting noise associated with the company's aggressive acquisition history. Relying solely on P/E may lead to an inaccurate assessment of the company's valuation relative to its peers.

Download Financial Ratios Data

Includes 30+ ratios · 30 years · Updated daily

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SEE — Frequently Asked Questions

Quick answers to the most common questions about buying SEE stock.

What is Sealed Air Corporation's P/E ratio?

Sealed Air Corporation's current P/E ratio is 12.3x. The historical average is 21.6x. This places it at the 15th percentile of its historical range.

What is Sealed Air Corporation's EV/EBITDA?

Sealed Air Corporation's current EV/EBITDA is 14.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.1x.

What is Sealed Air Corporation's ROE?

Sealed Air Corporation's return on equity (ROE) is 54.3%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 64.3%.

Is SEE stock overvalued?

Based on historical data, Sealed Air Corporation is trading at a P/E of 12.3x. This is at the 15th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is Sealed Air Corporation's dividend yield?

Sealed Air Corporation's current dividend yield is 1.92% with a payout ratio of 23.6%.

What are Sealed Air Corporation's profit margins?

Sealed Air Corporation has 29.8% gross margin and 13.5% operating margin. Operating margin between 10-20% is typical for established companies.

How much debt does Sealed Air Corporation have?

Sealed Air Corporation's Debt/EBITDA ratio is 5.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.