Thanks for good points
I too thought this company was very undervalued compared to other peers. But the following point made me wait and watch.
Growth potential
~50% of revenue comes from Oral Care which is matured and has low growth. Even Personal Care and Beyond is building with adopting a strategy to focuss on small customers so they can compete with regional tube makers
Any thought as to how it could continue growing faster from this level?
Pricing Power
The company has made investments to improve its sustainability and develop advanced tube recyclability. I initially thought the company would have been able to opt for better pricing as its clients decided to switch to recyclable packaging. But to my surprise, the company has adopted a strategy where it wants to sell at the same price point or relatively same margin level.
I feel this is just a commodity business, Do you have any other thoughts on why they opted for the same pricing?
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