Ranpak Holdings (PACK) AI Stock Analysis

• Market Cap: $445.50M
• Dividend Yield: N/A
• Average Volume (3M): 539.61K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.59
• Revenue Growth: 9.54%
• EPS Growth: -81.46%
• Country: US
• Employees: 800
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Packaging & Containers
• EPS (TTM): -0.12
• Shares Outstanding: 84,375,870
• 10 Day Avg. Volume: 458,910
• 30 Day Avg. Volume: 539,611
• PEG Ratio: 1.25
• Price to Book (P/B): 1.04
• Price to Sales (P/S): 1.55
• P/FCF Ratio: 68.85
• Enterprise Value/Market Cap: 1.53
• Enterprise Value/Revenue: 1.76
• Enterprise Value/Gross Profit: 5.04
• Enterprise Value/Ebitda: 10.93
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: $5.00 ▼(-9.91% Downside)

Ranpak Holdings' overall stock score is primarily influenced by its financial performance challenges, including declining revenue growth and profitability issues. The earnings call provides some optimism with strategic partnerships and growth in North America, but these are tempered by regional challenges. Technical analysis and valuation also reflect a cautious outlook, with bearish momentum and a negative P/E ratio.

Positive Factors

Strategic Partnerships

The partnership with Walmart indicates a strong long-term revenue stream and enhances Ranpak's market position in automation and packaging solutions.

Automation Revenue Growth

Significant growth in automation revenue suggests strong demand for Ranpak's innovative solutions, positioning the company well for future expansion.

North America Growth

Robust growth in North America, particularly in automation, underscores Ranpak's competitive advantage and potential for sustained revenue growth in key markets.

Negative Factors

Revenue Decline

Declining revenue growth indicates challenges in maintaining sales momentum, potentially affecting long-term financial performance and market competitiveness.

Profitability Challenges

Ongoing profitability issues could hinder Ranpak's ability to reinvest in growth and innovation, impacting its competitive edge and shareholder value.

Cash Flow Concerns

Weak cash flow generation limits financial flexibility and could constrain Ranpak's ability to fund operations and strategic initiatives, affecting long-term growth.

Ranpak Holdings Business Overview & Revenue Model

Company Description

Ranpak Holdings (PACK) is a global leader in sustainable packaging solutions, specializing in paper-based packaging systems that prioritize environmental responsibility. The company operates primarily in the packaging sector, offering innovative products designed to protect goods during shipping and storage while minimizing waste. Ranpak's core offerings include a range of automated and manual packaging systems, paper-based cushioning materials, and eco-friendly packaging solutions tailored for various industries, including e-commerce, retail, and logistics.

How the Company Makes Money

Ranpak Holdings generates revenue through the sale of its packaging systems and consumables, which include paper products used for protective packaging. The company's revenue model consists of direct sales of equipment, ongoing sales of consumables, and maintenance services for its packaging systems. Key revenue streams include the sale of automated packaging machines that increase efficiency for businesses, as well as recurring revenue from the sale of paper rolls and other packaging materials. Additionally, Ranpak has established significant partnerships with various e-commerce and retail companies, allowing them to integrate Ranpak's sustainable packaging solutions into their supply chains, thereby enhancing customer loyalty and driving sales growth.

Ranpak Holdings Financial Statement Overview

Summary

Ranpak Holdings faces challenges across its financial statements, with declining revenue growth and profitability issues impacting the income statement. The balance sheet shows moderate leverage but struggles with generating shareholder returns. Cash flow analysis highlights significant declines in free cash flow, indicating potential liquidity concerns. Overall, the company needs to address profitability and cash flow generation to improve its financial health.

Income Statement

Ranpak Holdings has experienced a decline in revenue growth with a negative rate of -2.26% in the TTM period. The company is struggling with profitability, as indicated by negative net profit and EBIT margins. Gross profit margin remains relatively stable at 36.44%, but the negative net profit margin of -10.64% highlights ongoing challenges in achieving profitability.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.80, indicating a balanced approach to leveraging. However, the return on equity is negative at -7.30%, reflecting challenges in generating returns for shareholders. The equity ratio is not explicitly calculated, but the company's equity position appears stable relative to its assets.

Cash Flow

Cash flow analysis reveals a significant decline in free cash flow growth at -676.47% in the TTM period. The operating cash flow to net income ratio is low at 0.13, indicating limited cash generation relative to net income. Despite a high free cash flow to net income ratio of 0.97, the overall cash flow position is weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	388.10M	368.90M	336.30M	326.50M	383.90M	298.20M
Gross Profit	135.60M	139.80M	123.30M	99.60M	148.90M	122.60M
EBITDA	62.50M	63.60M	55.40M	48.70M	87.60M	79.30M
Net Income	-39.60M	-21.50M	-27.10M	-41.40M	-2.80M	-23.40M
Balance Sheet
Total Assets	1.13B	1.10B	1.12B	1.13B	1.21B	1.13B
Cash, Cash Equivalents and Short-Term Investments	49.90M	76.10M	62.00M	62.80M	103.90M	48.50M
Total Debt	432.10M	431.20M	428.80M	399.00M	411.10M	433.20M
Total Liabilities	591.80M	556.10M	550.70M	520.70M	577.20M	610.60M
Stockholders Equity	537.80M	548.10M	572.00M	612.80M	636.20M	522.90M
Cash Flow
Free Cash Flow	-33.80M	8.30M	-2.70M	-44.70M	-1.40M	30.60M
Operating Cash Flow	-900.00K	41.40M	52.60M	1.10M	54.30M	63.80M
Investing Cash Flow	-35.40M	-32.50M	-52.40M	-37.90M	-69.80M	-34.50M
Financing Cash Flow	9.80M	1.80M	-1.80M	-4.50M	72.00M	-1.60M

Ranpak Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.55
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PACK, the sentiment is Positive. The current price of 5.55 is above the 20-day moving average (MA) of 4.84, above the 50-day MA of 5.17, and above the 200-day MA of 4.59, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 55.56 is Neutral, neither overbought nor oversold. The STOCH value of 94.09 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PACK.

Ranpak Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MYE	75 Outperform	$657.26M	23.60	9.92%	2.93%	0.26%	78.05%
SEE	71 Outperform	$6.14B	15.52	40.42%	1.92%	-1.22%	-0.76%
SON	68 Neutral	$4.09B	4,271.13	6.39%	5.09%	8.31%	-99.39%
GPK	64 Neutral	$4.72B	9.42	16.24%	2.64%	-3.93%	-27.37%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
OI	54 Neutral	$2.21B	-15.19	-10.92%	―	-2.82%	65.31%
PACK	53 Neutral	$445.50M	-12.04	-6.68%	―	9.54%	-81.46%

Ranpak Holdings Corporate Events

Ranpak Holdings’ Earnings Call: Strategic Growth Amid Challenges

Ranpak Holdings Corp. Class A’s recent earnings call revealed a mixed sentiment, blending optimism with caution. The company celebrated significant achievements, such as strategic partnerships with Walmart and Medline, and robust growth in North America and automation sectors. However, these positive developments were tempered by challenges in Europe and Asia Pacific, a decline in gross profit, and a reduced cash balance forecast. Overall, the sentiment reflected cautious optimism, with strong growth potential moderated by current regional challenges.

Ranpak Holdings Corp. Reports Q3 2025 Financial Results

Ranpak Holdings Corp., a leader in environmentally sustainable packaging solutions, operates in the e-commerce and industrial supply chain sectors, offering product protection and automation solutions.

Ranpak Holdings Enters Agreement with Walmart for Shares

On August 22, 2025, Ranpak Holdings Corp. and Walmart Inc. entered into a Transaction Agreement, allowing Walmart to acquire up to 22,500,000 shares of Ranpak’s common stock through a warrant. The agreement outlines that the shares will vest over time based on Walmart’s spending with Ranpak, with a significant portion expected to be allocated to Automation Solutions. The warrant, which expires in 2035, does not grant Walmart voting rights until exercised, and includes anti-dilution adjustments and registration rights.

The most recent analyst rating on (PACK) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Ranpak Holdings stock, see the PACK Stock Forecast page.