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: 5.40
• Enterprise Value/Ebitda: 14.38
• 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: 52 Neutral
• Price Target: $5.50 ▼(-0.90% Downside)

The overall stock score is primarily influenced by financial performance challenges, including declining revenue growth and profitability issues. The earnings call provides some optimism with strategic partnerships and growth in automation, but regional challenges persist. Technical analysis shows a positive short-term trend, while valuation remains weak due to negative profitability metrics.

Positive Factors

Strategic Partnership Expansion

The expanded partnership with Walmart enhances Ranpak's market reach and strengthens its position in the packaging industry, providing a durable revenue stream and potential for increased automation solutions adoption.

Automation Revenue Growth

Strong growth in automation revenue indicates a successful strategic focus on automation solutions, which can drive long-term revenue growth and operational efficiencies.

Operational Efficiency Improvements

Efforts to improve operational efficiency through organizational realignment and cost reductions can enhance margins and profitability over the long term.

Negative Factors

Declining Profitability

Persistent profitability challenges, as indicated by negative margins, can hinder Ranpak's ability to reinvest in growth and sustain long-term financial health.

Cash Flow Difficulties

Weak cash flow generation limits Ranpak's financial flexibility and ability to invest in strategic initiatives, posing a risk to long-term growth.

Challenges in Europe and APAC

Ongoing challenges in key international markets like Europe and APAC can impact overall revenue growth and market expansion efforts, limiting global competitiveness.

Ranpak Holdings Business Overview & Revenue Model

Company Description

Ranpak Holdings is a leading provider of environmentally sustainable packaging solutions, specializing in paper-based packaging systems. The company operates primarily in the sectors of protective packaging and automated packaging solutions, offering a range of products that include paper cushioning systems, void-fill solutions, and custom packaging designs. With a focus on reducing plastic waste, Ranpak aims to provide innovative and sustainable alternatives for businesses looking to enhance their packaging processes while minimizing their environmental impact.

How the Company Makes Money

Ranpak generates revenue through the sale of its packaging systems and materials, which include both equipment and consumables. Key revenue streams include the sale of machinery for producing paper-based packaging solutions, ongoing sales of paper consumables used in these systems, and service agreements for maintenance and support of their equipment. Additionally, the company collaborates with various industries, including e-commerce, retail, and logistics, to develop customized packaging solutions that meet specific customer needs. Strategic partnerships with distributors and manufacturers also enhance its market reach and contribute to steady revenue 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	126.40M	139.80M	123.30M	99.60M	148.90M	122.60M
EBITDA	47.50M	66.10M	55.40M	31.70M	91.10M	68.30M
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	-7.50M	8.30M	-2.70M	-44.70M	-1.40M	30.60M
Operating Cash Flow	10.10M	41.40M	52.60M	700.00K	54.30M	63.80M
Investing Cash Flow	-35.40M	-32.50M	-52.40M	-37.50M	-69.80M	-34.50M
Financing Cash Flow	-1.20M	1.80M	-1.80M	-4.50M	72.00M	-1.60M

Ranpak Holdings Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PACK, the sentiment is Neutral. The current price of 5.55 is above the 20-day moving average (MA) of 5.26, above the 50-day MA of 5.22, and above the 200-day MA of 4.82, indicating a neutral trend. The MACD of -0.06 indicates Positive momentum. The RSI at 47.77 is Neutral, neither overbought nor oversold. The STOCH value of 31.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PACK.

Ranpak Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MYE	70 Outperform	$657.26M	23.60	9.92%	3.10%	0.26%	78.05%
SEE	70 Outperform	$5.42B	13.70	40.42%	2.17%	-1.22%	-0.76%
GPK	64 Neutral	$5.05B	10.04	16.24%	2.67%	-3.93%	-27.37%
SON	63 Neutral	$4.01B	4,193.81	6.39%	5.19%	8.31%	-99.39%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
OI	54 Neutral	$1.97B	―	-10.92%	―	-2.82%	65.31%
PACK	52 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.

Ranpak Holdings’ Earnings Call: Mixed Outlook with Growth Potential

Ranpak Holdings Corp. recently held its earnings call, revealing a mixed outlook for the company. While the firm continues to see volume growth and advancements in its automation segment, challenges persist with declining gross margins and profitability, primarily due to increased input costs and market uncertainties in Europe and APAC. However, strategic cost reductions and a new product launch are anticipated to drive improvements in the latter half of the year.

Ranpak Holdings Corp. Reports Mixed Q2 2025 Results

Ranpak Holdings Corp., a key player in the sustainable packaging industry, specializes in providing environmentally friendly product protection and automation solutions for e-commerce and industrial supply chains. The company recently released its second quarter 2025 financial results, showcasing a mixed performance in a challenging economic environment.

Ranpak Holdings Reports Q2 2025 Financial Results

Ranpak Holdings Corp reported its second quarter 2025 financial results, highlighting a 6.8% increase in net revenue year over year to $92.3 million, despite a net loss of $7.5 million compared to a net income of $5.5 million in the prior year. The company continues to face challenges with lower volumes in Europe and APAC, and higher production costs in North America, but remains optimistic about the second half of the year due to cost reduction initiatives and a robust automation backlog, expecting substantial growth and improved financial performance.

The most recent analyst rating on (PACK) stock is a Buy with a $11.50 price target. To see the full list of analyst forecasts on Ranpak Holdings stock, see the PACK Stock Forecast page.