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Global maker of aluminum beverage cans for beer, soft-drink and seltzer brands, spun off from Ardagh Group.
Global maker of aluminum beverage cans for beer, soft-drink and seltzer brands, spun off from Ardagh Group.
Sells cans to drinks companies under multi-year supply contracts that pass changes in aluminium prices through to the customer, so volume and plant uptime matter more than metal costs. It was listed in 2021 through a merger with a blank-cheque company.
Moat: narrow (scale, switching costs, installed base). Plants sited next to bottlers under multi-year supply contracts with high switching costs.
Headquarters: Dublin, Ireland · Founded: 2021 · Employees: 6,498
Size Ardagh Metal Packaging (AMBP) is a United States Materials company (Containers/Packaging) with a market value of $2.82B, the 1588th largest of 3,117 United States companies the cockpit tracks. Shares closed at $4.72 on 6 Nov 2026.
Performance Over six months the shares gained 18.0%, against -0.9% for the median peer and -1.1% for the United States market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue grew 17.0% over the last twelve months (peer median +2.1%); the operating margin is 5.5% (peer median 8.7%).
Valuation It trades at 17.0× forward earnings against a peer median of 14.7× (7th most expensive of 20).
Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is -6 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.8 points above its cost of capital (6.3% WACC).
Short interest Short interest is 1.4% of the free float (15 Oct 2026).
Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $6.26B | $5.50B | $4.91B | $4.81B | $4.69B |
| Revenue growth | — | +12% | +2% | +3% | — |
| Gross profit | $647M | $548M | $495M | $405M | $440M |
| EBITDA | $798M | $739M | $672M | $600M | $625M |
| Net income | $58.0M | $11.0M | -$3.00M | -$50.0M | $237M |
| Free cash flow | $313M | $276M | $283M | $248M | -$380M |
| Capital expenditure | $180M | $184M | $187M | $379M | $596M |
| Total debt | $4.32B | $4.42B | $3.90B | $3.73B | $3.59B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Ardagh Metal Packaging AMBP | $2.82B | +18% | +17% | 5% | 17.0× | 4.1% |
| Crown CCK | $13.1B | +20% | +14% | 12% | 13.9× | -4.7% |
| Ball BALL | $17.2B | +13% | +21% | 11% | 15.3× | 6.4% |
| Orora ORA.AX | $1.34B | +17% | +6% | 11% | 15.8× | 2.5% |
| Toyo Seikan 5901.T | $3.69B | +34% | +6% | 6% | 20.4× | -2.7% |
| ORG Technology 002701.SZ | $1.65B | -22% | +24% | 5% | 9.6× | -5.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | AMBP | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +5.8% | +1.7% | 6th highest of 21 |
| 6-month return | +18.0% | -0.9% | 4th highest of 21 |
| Distance from 52-week high | -13.7% | -18.5% | 6th highest of 21 |
| Revenue growth (TTM) | +17.0% | +2.1% | 4th highest of 21 |
| Operating margin | 5.5% | 8.7% | 5th lowest of 21 |
| Forward P/E | 17.0× | 14.7× | 7th most expensive of 20 |
| Growth the price implies (Req g, 7 yrs) | 4.1% | -0.4% | 9th most demanding of 18 |
| Growth delivered (Del g) | +9.8% | +6.5% | 2nd highest of 18 |
| Hurdle (Req g minus delivered) | -5.6 pp | -7.9 pp | 9th most demanding of 18 |
| ROIC minus cost of capital | +1.8 pp | +1.8 pp | 11th highest of 21 |
| EV / EBITDA | 8.7× | 7.9× | 6th most expensive of 14 |
| Net debt / EBITDA | 5.1× | 2.4× | 3rd most indebted of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Ardagh Metal Packaging AMBP | United States | $2.82B | +18% | +17% | 5% | 17.0× | 4.1% | +9.8% |
| Viscofan VIS.MC | Spain | $2.86B | -5% | +3% | 15% | 16.6× | -3.4% | +6.5% |
| Nine Dragons Paper 2689.HK | Hong Kong | $2.76B | -29% | +22% | 9% | 4.4× | n/a | n/a |
| Verallia SAS VRLA.PA | France | $2.56B | -10% | -3% | 9% | 14.7× | 5.6% | +5.6% |
| Huhtamaki HUH1V.HE | Finland | $3.12B | -1% | -2% | 9% | 11.0× | -6.3% | +3.7% |
| Graphic Packaging GPK | United States | $3.31B | +5% | 0% | 6% | 12.3× | 5.0% | +5.6% |
| Vidrala VID.MC | Spain | $3.63B | +18% | -3% | 21% | 14.6× | 5.8% | +8.2% |
| Toyo Seikan 5901.T | Japan | $3.69B | +34% | +6% | 6% | 20.4× | -2.7% | +5.2% |
| Jia Yao 1626.HK | Hong Kong | $2.05B | +175% | +161% | 6% | n/a | n/a | n/a |
| Greif GEF | United States | $3.95B | +7% | -2% | 8% | 16.1× | 7.9% | -4.7% |
| Winpak WPK.TO | Canada | $1.91B | +12% | +3% | 15% | 12.5× | -10.9% | +6.6% |
| Shandong Pharmaceutical Glass 600529.SS | China | $1.85B | 0% | -9% | 18% | 16.5× | -2.4% | +5.5% |
| Oji 3861.T | Japan | $4.31B | -3% | 0% | 2% | 20.6× | 20.4% | +6.5% |
| Silgan SLGN | United States | $4.34B | +2% | +4% | 10% | 10.2× | -5.8% | +5.7% |
| Mondi MNDI.L | United Kingdom | $4.69B | +5% | +5% | 4% | 36.1× | 15.4% | +2.1% |
| ORG Technology 002701.SZ | China | $1.65B | -22% | +24% | 5% | 9.6× | -5.2% | +15.8% |
| Sonoco Products SON | United States | $4.99B | -2% | +4% | 10% | 9.0× | -1.9% | +7.5% |
| Jiamei Food Packaging (Chuzhou) 002969.SZ | China | $1.55B | -56% | -10% | 6% | 86.4× | 22.4% | +7.3% |
| Shanghai Zijiang Enterprise 600210.SS | China | $1.54B | -3% | -18% | 10% | 11.3× | n/a | n/a |
| Jiangsu Hualan New Pharmaceutical Material 301093.SZ | China | $1.53B | -27% | +6% | 5% | 77.4× | 50.9% | +6.7% |
| Shenzhen YUTO Packaging Technology 002831.SZ | China | $5.19B | 0% | +1% | 11% | 20.8× | -0.4% | +7.9% |