Greif B Shares - Boring and Reliable
264 Views27 Apr 2022 01:47
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- They make steel/plastic/fibre/paper based industrial packaging. 10-15% ROIC including intangibles, and nearly 20% ROIC on tangible assets.
- Earnings this year will only be a tad bit higher than in 2019 (before synergies of their early 2019 Caraustar acquisition were realized), so it is not a Covid winner.
- Yet it trades at a historically low PE multiple
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