BALL CORPORATION
BALL · Industrials · $16.6B mkt cap · FY2025 filings · Narrow moat
On the watchlist
The four filters
Pricing power31
Median gross margin 15.6% over 4y, very stable.
Returns on capital100
Median ROIC 32.6%, above the 9% hurdle in 100% of years.
Balance-sheet safety78
Net cash position — no leverage risk.
Capital discipline80
Owner earnings +16.6%/yr, share count n/a.
Margin of safety
Above valueOn sale
- Owner earnings (normalized)
- $878.0M
- Est. intrinsic value / share
- $59.40
- Recent price
- $62.45
- Discount to value
- 5% above value
Conservative model: 9% discount rate, 4% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).
Moat Score history
Score history begins 2026-07-17. Check back as the record builds.
Scores are logged append-only and never overwritten — this record can't be backfilled, which is exactly why it's worth keeping.