Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Silgan Holdings demonstrated robust financial performance in its second quarter of 2024.</li><li>The company president and CEO, Adam Greenlee, highlighted key achievements and strategic advancements that signify a forward momentum across its operational sectors.</li><li>Notably, the company reported an adjusted EPS above the projected midpoint due to improved volume trends and operational efficiencies across all segments.</li></ul>

Silgan Holdings demonstrated robust financial performance in its second quarter of 2024.The company president and CEO, Adam Greenlee, highlighted key achievements and strategic advancements that signify a forward momentum across its operational sectors.Notably, the company reported an adjusted EPS above the projected midpoint due to improved volume trends and operational efficiencies across all segments.

Silgan Holdings Inc.: Dealing With Market Competition and Technological Advancements Challenges! - Major Drivers

<ul><li>Silgan Holdings reported their financial performance with results that lean into both the strengths and challenges faced by the company in its first quarter of 2024.</li><li>The report demonstrated a mixture of developments across its key business segments highlighting how market dynamics and operational efficiencies intersect.</li><li>Positively, Silgan reported strong operational execution and cost performance, which helped in achieving adjusted earnings per share at the high end of expected ranges.</li></ul>

Silgan Holdings reported their financial performance with results that lean into both the strengths and challenges faced by the company in its first quarter of 2024.The report demonstrated a mixture of developments across its key business segments highlighting how market dynamics and operational efficiencies intersect.Positively, Silgan reported strong operational execution and cost performance, which helped in achieving adjusted earnings per share at the high end of expected ranges.

Silgan Holdings Inc.: Expansion in Global Dispensing Business & Their Biggest Competitive Advantages! - Major Drivers

<ul><li>The fourth quarter 2023 earnings exhibited Silgan Holdings, a leading manufacturer of consumer packaging goods, as a resilient company able to navigate amidst adverse economic circumstances.</li><li>The company's resilience was evidenced by its strong performance during the period, marked by the second-highest adjusted Earnings Per Share (EPS) and adjusted EBIT in its history.</li><li>Baptista Research looks to evaluate the different factors that could influence the company's price in the near future and attempts to carry out an independent valuation of the company using a Discounted Cash Flow (DCF) methodology.</li></ul>

The fourth quarter 2023 earnings exhibited Silgan Holdings, a leading manufacturer of consumer packaging goods, as a resilient company able to navigate amidst adverse economic circumstances.The company's resilience was evidenced by its strong performance during the period, marked by the second-highest adjusted Earnings Per Share (EPS) and adjusted EBIT in its history.Baptista Research looks to evaluate the different factors that could influence the company's price in the near future and attempts to carry out an independent valuation of the company using a Discounted Cash Flow (DCF) methodology.

Silgan Holdings Inc.: Initiation Of Coverage - A Deep Dive Into Its Business Strategy & The Competitive Positioning It Holds! - Major Drivers

IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

IPOs and Catalysts/Events

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Event-Driven

<ul>
<li>In response to media speculation, <a href="https://www.smartkarma.com/entities/orora-ltd" target="_blank" data-smartkarma-citation="entities:16042:1" rel="noopener">Orora Ltd (ORA AU)</a> disclosed that it had rejected Lone Star's indicative non-binding proposal at A$2.55 per share, a 33.5% premium to the undisturbed price.</li>
<li>The offer is opportunistically timed to take advantage of the share price collapse precipitating from the profit warning on 2 April. </li>
<li>The Lone Star offer is unattractive and could also draw other suitors. If Lone Star walks, the downside is low, as Orora’s valuation is undemanding compared to peer multiples.</li>
</ul>


In response to media speculation, Orora Ltd (ORA AU) disclosed that it had rejected Lone Star's indicative non-binding proposal at A$2.55 per share, a 33.5% premium to the undisturbed price.
The offer is opportunistically timed to take advantage of the share price collapse precipitating from the profit warning on 2 April. 
The Lone Star offer is unattractive and could also draw other suitors. If Lone Star walks, the downside is low, as Orora’s valuation is undemanding compared to peer multiples.


Orora (ORA AU): Lone Star’s Opportunistic A$2.55 Offer

<ul>
<li>
<a href="https://www.smartkarma.com/entities/pact-group-holdings-ltd" target="_blank" data-smartkarma-citation="entities:692:1" rel="noopener">Pact Group Holdings (PGH AU)</a> has disclosed an unconditional takeover proposal from Raphael Geminder at A$0.68 per share, a 0.7% premium to the undisturbed price (12 September).</li>
<li>Mr. Geminder's justification for a little-to-no premium offer is based on the premise that minorities are clambering for a liquidity event to exit a no-hope situation. </li>
<li>The offer price is unattractive on any reasonable metric. A successful privatisation would require a bump. The shares closed 6.6% higher than the offer. </li>
</ul>



Pact Group Holdings (PGH AU) has disclosed an unconditional takeover proposal from Raphael Geminder at A$0.68 per share, a 0.7% premium to the undisturbed price (12 September).
Mr. Geminder's justification for a little-to-no premium offer is based on the premise that minorities are clambering for a liquidity event to exit a no-hope situation. 
The offer price is unattractive on any reasonable metric. A successful privatisation would require a bump. The shares closed 6.6% higher than the offer. 


Pact Group (PGH AU): Raphael Geminder’s Opportunistic Proposal

United States

Silgan Holdings Inc. and its subsidiaries manufacture consumer goods packaging products.  The Company currently produces steel and aluminum containers for human and pet food, custom designed plastic containers for various markets, plastic closures and caps, thermoformed  plastic tubs, and specialty packaging items.  Silgan markets its products in North America.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Silgan Holdings (SLGN US)

Silgan Holdings Inc.: Dealing With Market Competition and Technological Advancements Challenges! - Major Drivers

Silgan Holdings demonstrated robust financial performance in its second quarter of 2024. The company president and CEO, Adam Greenlee, highlighted...

Baptista Research

Silgan Holdings Inc.: Expansion in Global Dispensing Business & Their Biggest Competitive Advantages! - Major Drivers

Silgan Holdings reported their financial performance with results that lean into both the strengths and challenges faced by the company in its...

Baptista Research

Silgan Holdings Inc.: Initiation Of Coverage - A Deep Dive Into Its Business Strategy & The Competitive Positioning It Holds! - Major Drivers

The fourth quarter 2023 earnings exhibited Silgan Holdings, a leading manufacturer of consumer packaging goods, as a resilient company able to...

Baptista Research

Orora (ORA AU): Lone Star’s Opportunistic A$2.55 Offer

The Lone Star offer is unattractive and could also draw other suitors. If Lone Star walks, the downside is low, as Orora’s valuation is undemanding...

Arun George

Pact Group (PGH AU): Raphael Geminder’s Opportunistic Proposal

The offer price is unattractive on any reasonable metric. A successful privatisation would require a bump. The shares closed 6.6% higher than the...

Arun George

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)