Sonoco Products

Texas (12/27/2013) – Sonoco Products Company (NYSE: SON) – No Investment Interest based on a recent price of $41.24 and a fair value estimate of $37-$43.

The company provides consumer packaging, industrial products, and protective packaging including flexible packaging, high density film products, and folding cartons. The company also provides packaging supply chain services.

The stock is currently trading at fair value levels. Other considerations were y-o-y debt growth of 6%, positive free cash flow of $3.34 per share although y-o-y free cash flow growth was for the most part non-existent, and stagnant earnings growth.


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