Ball Corp vs Sonoco Products Co

Ball Corp (BALL) is overvalued and Sonoco Products Co (SON) is undervalued.

Against our estimates of intrinsic value, SON trades at the wider discount: a margin of safety of +48%, against -20% for BALL.

Values as of the 22 Sept 2026 close.

Ball Corp (BALL)

Discounting its cash flows at 8.4% (average of 3 methods) values the shares at $49.92; the price of $59.97 is 20% above that value, and 78% of that value comes from beyond year five.

Leak Score 14/100 on 3 of 12 signals

Sonoco Products Co (SON)

Discounting its cash flows at 6.5% (average of 3 methods) values the shares at $97.75; the price of $50.69 is 48% below that value, and 85% of that value comes from beyond year five.

Leak Score 86/100 on 3 of 12 signals

MetricBALLSON
VerdictOvervaluedUndervalued
Price$59.97$50.69
Intrinsic value$49.92$97.75
Margin of safety-20%+48%
Leak Score14/100 (3/12)86/100 (3/12)
Market cap$15.9B$5.0B
Revenue growth, 5 years2.3%7.5%
Operating margin11.5%10.0%
Net margin6.6%8.7%
Return on equity17.3%18.9%
Debt to equity1.321.33
P/E17.1x7.8x
Forward P/E13.3x8.0x
P/B2.8x1.4x
Dividend yield1.3%4.2%

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