NYSE Silgan – not an investment opportunity

NYSE Silgan (SLGN) is a leading manufacturer of sustainable rigid packaging solutions for the world. Its revenue and earnings have grown through acquisitions and price growth, rather than organic growth or volume growth.

It has a high debt-equity ratio and no signs of strong fundamentals as there were no uptrends in ROE and operating parameters. There is no margin of safety at the current high product selling prices. With an unsustainable Reinvestment rate, it is not an investment opportunity.