Valuation
26% of the score
56median 56
Packaging Corporation of America is valued at 23x its operating profit, including debt: a rich multiple.
60x
50x
35x
25x
18x
12x
8x
23x
Full points at 8x or less, none from 60xfull points
PKGPackaging Corporation of America
$234.42+9.1% 1Y
$234.42
$188.1552 weeks$257.47
RyuScore
Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.
RyuScore 67 out of 100, Above average
Today's price. Only valuation depends on it.
Above average. Packaging Corporation of America scores higher than 67% of the 1,794 companies Ryufin scores.
Carried by return on capital and cycle position, held back by return on new capital.
Basic Materials median 59 · all companies 57
How the score has moved
At each fiscal year end, from the reports and price of the time72
73
78
73
71
68
67
202020212022202320242025today
The biggest move was up 5 points from 2021 to 2022, mostly return on new capital.
Return on capital
18% of the score
69median 34
Over 7 years the business earned 13% a year after tax on the capital it uses.
2%
8%
15%
25%
13%
None at 2% or less, full points from 25%full points
7 years agolatest 10%
Return on new capital
16% of the score
42median 49
For every dollar of operating profit earned over 6 years, yearly profit grew by 2 cents. New capital earned 4.6%, and 48% of profit went back into the business.
-5%
12%
2.2%
None at minus 5 cents, full points from 12 centsfull points
Capital allocation
14% of the score
76median 67
How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.
Share countDown 1% a year over 5 years: buybacks
765%
-3%
-1%
0 pointsfull points
Assets against salesAssets grew 7.6% a year, sales 6.2%
7612%
-2%
1.4%
0 pointsfull points
Cycle position
12% of the score
94median 62
Today's operating margin of 11% is 0.75x its normal 15%: below its usual level, with room to recover. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.
2x
1.5x
1x
0.7x
0.7x
A trough earns points, a peak costs themfull points
10 years agonow 11%
Balance sheet
8% of the score
66median 50
What the debt weighs against the profit that has to carry it.
Net debt to EBITDA1.9x a year of EBITDA
664.5x
0.5x
1.9x
0 pointsfull points
Earnings quality
6% of the score
94median 90
Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.
Cash against profitOperating cash flow was 1.73x profit over 3 years
1000.7x
1x
1.3x
1.7x
0 pointsfull points
AccrualsCash ran ahead of profit by 8% of assets
1008%
0%
-8%
-8%
0 pointsfull points
Beneish M-score-2.65
82-1.50
-1.78
-2.22
-3.00
-2.65
0 pointsfull points
How the RyuScore works
Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.
Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2025.
On our screens:Quality at a reasonable price
Packaging & Containers
The closest names by size in the same industry