Richards Packaging Income Fund

RPI.UN-T

Analysis and Opinions about RPI.UN-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
March 4, 2020
No price target The biggest distributor of glass and plastic packaging in Canada. They've grown revenues 25% in the last 5 years with earnings up 50%. Trades at 15x earnings and pays a 2.9% dividend yield.
Show full opinionHide full opinion
No price target The biggest distributor of glass and plastic packaging in Canada. They've grown revenues 25% in the last 5 years with earnings up 50%. Trades at 15x earnings and pays a 2.9% dividend yield.
BUY
BUY
August 12, 2019
A steady packaging company that grows through acquisition. Managers own over 20% of the business. This will grow and do well.
Show full opinionHide full opinion
A steady packaging company that grows through acquisition. Managers own over 20% of the business. This will grow and do well.
TOP PICK
TOP PICK
September 20, 2018

One of the least celebrated but one of the most important businesses in Canada because it is the largest packaging company. Trade at an attractive multiple. The payout ratio is almost 60%.

Show full opinionHide full opinion

One of the least celebrated but one of the most important businesses in Canada because it is the largest packaging company. Trade at an attractive multiple. The payout ratio is almost 60%.

BUY
BUY
September 10, 2018

A very steady packaging and distribution business. The payout ratio is lower than 50% and they have targeted higher than that. There should not be much impact from the NAFTA negotiations.

Show full opinionHide full opinion

A very steady packaging and distribution business. The payout ratio is lower than 50% and they have targeted higher than that. There should not be much impact from the NAFTA negotiations.

BUY
BUY
April 24, 2018

This is the kind of business that investors should own in this time in the market. It pays a nice dividend. It is nicely diversified in terms of the types of packaging. Products are well-suited to consumer staples, which aren’t as sensitive to the market cycle. Management owns a large stake in the company. He think it is a good long-term hold.

Show full opinionHide full opinion

This is the kind of business that investors should own in this time in the market. It pays a nice dividend. It is nicely diversified in terms of the types of packaging. Products are well-suited to consumer staples, which aren’t as sensitive to the market cycle. Management owns a large stake in the company. He think it is a good long-term hold.

COMMENT
COMMENT
August 2, 2017

He likes this. In the consumer staples space, so it is a stable type of company and you can expect it to grow with GDP. His main concern is liquidity. It can be illiquid at times and you need to be careful of your position sizing. Prefers CCL Industries (CCL.B-T), but if it is income you are looking for, this one is fine.

Show full opinionHide full opinion

He likes this. In the consumer staples space, so it is a stable type of company and you can expect it to grow with GDP. His main concern is liquidity. It can be illiquid at times and you need to be careful of your position sizing. Prefers CCL Industries (CCL.B-T), but if it is income you are looking for, this one is fine.

PAST TOP PICK
PAST TOP PICK
July 24, 2017

(Top Pick May 18/17, Down 3.63%) The decline is just trading noise. He still likes the company. He would hold it for sure.

Show full opinionHide full opinion

(Top Pick May 18/17, Down 3.63%) The decline is just trading noise. He still likes the company. He would hold it for sure.

PAST TOP PICK
PAST TOP PICK
June 19, 2017

(Top Pick Feb 28/17, Up 25%) It is still not overvalued. They generate a lot of cash flow and you get a 4.5% dividend which represents about a 50% payout. They have a huge runway to make acquisitions in North America. It is still one of his favourite names.

Show full opinionHide full opinion

(Top Pick Feb 28/17, Up 25%) It is still not overvalued. They generate a lot of cash flow and you get a 4.5% dividend which represents about a 50% payout. They have a huge runway to make acquisitions in North America. It is still one of his favourite names.

TOP PICK
TOP PICK
May 18, 2017

Glass and plastic packaging. Does a lot of pharmaceutical type packaging. This has had 13 years of 25%+ return on invested capital. A really strong balance sheet.

Show full opinionHide full opinion

Glass and plastic packaging. Does a lot of pharmaceutical type packaging. This has had 13 years of 25%+ return on invested capital. A really strong balance sheet.

TOP PICK
TOP PICK
February 28, 2017

A very stable stock. Distributes rigid packaging products. They have 3 main end markets; food packaging, cosmetics and healthcare like pill bottles. Very stable. They generate a ton of free cash flow. 10% free cash flow yield and are paying out only half of that as a dividend. Dividend yield of 4.64%.

Show full opinionHide full opinion

A very stable stock. Distributes rigid packaging products. They have 3 main end markets; food packaging, cosmetics and healthcare like pill bottles. Very stable. They generate a ton of free cash flow. 10% free cash flow yield and are paying out only half of that as a dividend. Dividend yield of 4.64%.

COMMENT
COMMENT
January 24, 2017

This is on his radar screen. They have been consolidating over the last little while, and he would like to see the stock show some technical strength i.e. moving out of that consolidation phase beyond $25-$26 on above average volume. A good position for somebody income oriented.

Show full opinionHide full opinion

This is on his radar screen. They have been consolidating over the last little while, and he would like to see the stock show some technical strength i.e. moving out of that consolidation phase beyond $25-$26 on above average volume. A good position for somebody income oriented.

COMMENT
COMMENT
August 9, 2016

(Market Call Minute.) They’ve been able to put up good organic growth numbers, and recently raised its dividend. Kind of a boring company, but in this environment boring can be amazing.

Show full opinionHide full opinion

(Market Call Minute.) They’ve been able to put up good organic growth numbers, and recently raised its dividend. Kind of a boring company, but in this environment boring can be amazing.

BUY
BUY
July 18, 2016

It has been on a tremendous run and he does not think it is going to stop. Management is solid and the balance sheet is solid. They are benefiting from the shift away from physical stores.

Show full opinionHide full opinion

It has been on a tremendous run and he does not think it is going to stop. Management is solid and the balance sheet is solid. They are benefiting from the shift away from physical stores.

COMMENT
COMMENT
June 24, 2016

This is a tough business. Packaging is a good consumer staples type of business. They do all the things right. Have a good dividend, raise it, and do share buybacks. He just can’t get past the illiquidity. Also, there has been quite a big run up on shares recently. Now trading at multiples that are on par with something like CCL Industries, which is much larger and a much more liquid company, which he would prefer.

Show full opinionHide full opinion

This is a tough business. Packaging is a good consumer staples type of business. They do all the things right. Have a good dividend, raise it, and do share buybacks. He just can’t get past the illiquidity. Also, there has been quite a big run up on shares recently. Now trading at multiples that are on par with something like CCL Industries, which is much larger and a much more liquid company, which he would prefer.

PAST TOP PICK
PAST TOP PICK
June 8, 2016

(A Top Pick June 12/15. Up 66.05%.) Despite the stock being up, it is probably still no more expensive, from a valuation standpoint, than it was a year ago. Earnings have grown and the cash flow has grown significantly. Have made some acquisitions. Pays a nice dividend. Management owns a significant stake. Dividend yield of 4.4%.

Show full opinionHide full opinion

(A Top Pick June 12/15. Up 66.05%.) Despite the stock being up, it is probably still no more expensive, from a valuation standpoint, than it was a year ago. Earnings have grown and the cash flow has grown significantly. Have made some acquisitions. Pays a nice dividend. Management owns a significant stake. Dividend yield of 4.4%.

BUY WEAKNESS
BUY WEAKNESS
May 17, 2016

Continues to deliver great results and has a nice sustainable dividend yield. It doesn’t happen very often, but if you see a pullback that is the time to step into this.

Show full opinionHide full opinion

Continues to deliver great results and has a nice sustainable dividend yield. It doesn’t happen very often, but if you see a pullback that is the time to step into this.

BUY
BUY
April 11, 2016

They have some historic tax losses and so can remain an income trust. It is an excellent business. They have a very diversified customer base. They are a distributor of product packaging. They are expanding more into the healthcare space in the future. Healthy free cash flow, 5.5% dividend.

Show full opinionHide full opinion

They have some historic tax losses and so can remain an income trust. It is an excellent business. They have a very diversified customer base. They are a distributor of product packaging. They are expanding more into the healthcare space in the future. Healthy free cash flow, 5.5% dividend.

PAST TOP PICK
PAST TOP PICK
January 28, 2016

(Top Pick Feb 17/15, Up 17.48%) It is a simple packaging business. 5% dividend. Management owns over 5% of the equity. They benefit from a stronger US dollar. A lot of packaging is for consumer staples.

Show full opinionHide full opinion

(Top Pick Feb 17/15, Up 17.48%) It is a simple packaging business. 5% dividend. Management owns over 5% of the equity. They benefit from a stronger US dollar. A lot of packaging is for consumer staples.

HOLD
HOLD
January 19, 2016

This is not well known. It is really quite interesting as a small cap company that is doing nicely with its numbers. It does a very highly specialized, mainly small runs, of packaging for hospitals, etc. which need special items to contain things. 5.3% dividend.

Show full opinionHide full opinion

This is not well known. It is really quite interesting as a small cap company that is doing nicely with its numbers. It does a very highly specialized, mainly small runs, of packaging for hospitals, etc. which need special items to contain things. 5.3% dividend.

PAST TOP PICK
PAST TOP PICK
November 9, 2015

(Top Pick Feb 17/15, Up 20.40%) It is not widely followed, but one of the largest players in North America in their space. It was very recession resistant in ‘08/’09. It pays a 5.5% dividend and earlier they made an acquisition. He thinks they may do more of that going forward. As it grows more people will pay attention.

Show full opinionHide full opinion

(Top Pick Feb 17/15, Up 20.40%) It is not widely followed, but one of the largest players in North America in their space. It was very recession resistant in ‘08/’09. It pays a 5.5% dividend and earlier they made an acquisition. He thinks they may do more of that going forward. As it grows more people will pay attention.

BUY
BUY
July 9, 2015

Not widely owned and not followed by analysts. Good management and aligned to investors. Consistent, steady returns and a good portion from dividends and share buybacks. Very sustainable 5.5% dividend.

Show full opinionHide full opinion

Not widely owned and not followed by analysts. Good management and aligned to investors. Consistent, steady returns and a good portion from dividends and share buybacks. Very sustainable 5.5% dividend.

TOP PICK
TOP PICK
June 12, 2015

This was part of the income trust boom and got spun out. One of the leaders in North America, and certainly the leader in Canada in distributing rigid packaging products, such as pill bottles, soap dispensers, etc. Pretty recession resistant. Very stable cash flow generation. Management owns a lot of stock. They may have some acquisition opportunities, which could be a very attractive way for them to grow. Dividend yield of 5.8%.

Show full opinionHide full opinion

This was part of the income trust boom and got spun out. One of the leaders in North America, and certainly the leader in Canada in distributing rigid packaging products, such as pill bottles, soap dispensers, etc. Pretty recession resistant. Very stable cash flow generation. Management owns a lot of stock. They may have some acquisition opportunities, which could be a very attractive way for them to grow. Dividend yield of 5.8%.

TOP PICK
TOP PICK
February 17, 2015

A boring, simple, easy to understand business. Distributes rigid packaging products. Largest in Canada and 3rd largest in North America. A lot of the products on grocery store shelves are distributed by this company. Also, they do things in the pharmaceutical/health care industry. Generates a lot of free cash flow. Trading at a discounted valuation. Pays a monthly dividend which equates to slightly over a 6% annual yield, which is very stable. At some point, it could even be a takeout target. Their largest competitor, Berlin Packaging, was recently bought at 14X enterprise value to EBITDA, and this one just trades at slightly over 8X.

Show full opinionHide full opinion

A boring, simple, easy to understand business. Distributes rigid packaging products. Largest in Canada and 3rd largest in North America. A lot of the products on grocery store shelves are distributed by this company. Also, they do things in the pharmaceutical/health care industry. Generates a lot of free cash flow. Trading at a discounted valuation. Pays a monthly dividend which equates to slightly over a 6% annual yield, which is very stable. At some point, it could even be a takeout target. Their largest competitor, Berlin Packaging, was recently bought at 14X enterprise value to EBITDA, and this one just trades at slightly over 8X.

COMMENT
COMMENT
August 13, 2013

If you own this one for income, it is definitely worth keeping. Income is fairly steady. A cyclical business. Well run. Good management. Not a bad balance sheet because the cash flow is pretty steady. 8.55% yield.

Show full opinionHide full opinion

If you own this one for income, it is definitely worth keeping. Income is fairly steady. A cyclical business. Well run. Good management. Not a bad balance sheet because the cash flow is pretty steady. 8.55% yield.

BUY
BUY
July 8, 2013

Not a lot of people talk about it and not a lot of analysts cover it. Dividend is sustainable and there is not a lot of leverage on the balance sheet. Be wary that it doesn’t trade a lot of shares. 8.6% dividend yield. Red flag goes off at 9%. It is an industrial company that will grow with its customers. It pays out as much money as it can because it doesn’t need it.

Show full opinionHide full opinion

Not a lot of people talk about it and not a lot of analysts cover it. Dividend is sustainable and there is not a lot of leverage on the balance sheet. Be wary that it doesn’t trade a lot of shares. 8.6% dividend yield. Red flag goes off at 9%. It is an industrial company that will grow with its customers. It pays out as much money as it can because it doesn’t need it.

BUY
BUY
February 4, 2013

8.9% yield is not a red flag for this company. Reasonable payout ratio. Dividend sustainable. Not a tremendous amount of growth here.

Show full opinionHide full opinion

8.9% yield is not a red flag for this company. Reasonable payout ratio. Dividend sustainable. Not a tremendous amount of growth here.

BUY
BUY
February 9, 2007
Distributions are reasonably safe. Trades at a price that is consistent with a private equity transaction. There is some room for appreciation.
Show full opinionHide full opinion
Distributions are reasonably safe. Trades at a price that is consistent with a private equity transaction. There is some room for appreciation.
DON'T BUY
DON'T BUY
February 25, 2006
It is a good company for income trust. Management team is good. It is a small capitalization company. Affected by the plastic and resin prices and have had a rougher ride.
Show full opinionHide full opinion
It is a good company for income trust. Management team is good. It is a small capitalization company. Affected by the plastic and resin prices and have had a rougher ride.
BUY
BUY
August 20, 2004
Has come out with some strong numbers recently. Not covered by many analysts but looks like a very good industry.
Show full opinionHide full opinion
Has come out with some strong numbers recently. Not covered by many analysts but looks like a very good industry.
Showing 1 to 29 of 29 entries
  • «
  • 1
  • »

Richards Packaging Income Fund(RPI.UN-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Richards Packaging Income Fund is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Richards Packaging Income Fund(RPI.UN-T) Frequently Asked Questions

What is Richards Packaging Income Fund stock symbol?

Richards Packaging Income Fund is a Canadian stock, trading under the symbol RPI.UN-T on the Toronto Stock Exchange (RPI-UN-CT). It is usually referred to as TSX:RPI.UN or RPI.UN-T

Is Richards Packaging Income Fund a buy or a sell?

In the last year, there was no coverage of Richards Packaging Income Fund published on Stockchase.

Is Richards Packaging Income Fund a good investment or a top pick?

Richards Packaging Income Fund was recommended as a Top Pick by Gavin Graham on 2020-03-04. Read the latest stock experts ratings for Richards Packaging Income Fund.

Why is Richards Packaging Income Fund stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Richards Packaging Income Fund worth watching?

0 stock analysts on Stockchase covered Richards Packaging Income Fund In the last year. It is a trending stock that is worth watching.

What is Richards Packaging Income Fund stock price?

On 2020-11-26, Richards Packaging Income Fund (RPI.UN-T) stock closed at a price of $66.