Last $38.24 USD
Change Today -0.02 / -0.05%
Volume 723.1K
MWV On Other Exchanges
Symbol
Exchange
Berlin
As of 8:04 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

meadwestvaco corp (MWV) Snapshot

Open
$38.19
Previous Close
$38.26
Day High
$38.35
Day Low
$38.07
52 Week High
04/4/14 - $38.89
52 Week Low
11/7/13 - $32.42
Market Cap
6.4B
Average Volume 10 Days
1.2M
EPS TTM
$1.31
Shares Outstanding
167.2M
EX-Date
02/4/14
P/E TM
29.2x
Dividend
$1.00
Dividend Yield
5.23%
Current Stock Chart for MEADWESTVACO CORP (MWV)

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meadwestvaco corp (MWV) Details

MeadWestvaco Corporation provides packaging solutions to healthcare, beauty and personal care, food, beverage, home and garden, tobacco, and agricultural industries worldwide. It operates in five segments: Food and Beverage, Home, Health and Beauty, Industrial, Specialty Chemicals, and Community Development and Land Management. The Food & Beverage segment produces packaging materials and paperboards, as well as is engaged in carton design and converting operation. The Home, Health & Beauty segment designs and produces pumps, paperboards, plastic packaging materials, trigger sprayers, hose-end sprayers, and spouted and applicator closures for the personal care, fragrance, home care, lawn and garden, prescription drug, and healthcare end markets. The Industrial segment designs and produces corrugated packaging materials, corrugated packaging solutions, kraftliner and recycled material medium paperboards, and containerboards, as well as converts boards and raw materials to corrugated packaging primarily for produce, meat, consumer products, and bulk goods in Brazil and India. The Specialty Chemicals segment manufactures, markets, and distributes specialty chemicals, such as performance chemicals used in printing inks, asphalt paving, and adhesives, as well as in the agricultural, paper, and petroleum industries; and produces activated carbon products used in gas vapor emission control systems for automobiles and trucks, as well as applications for air, water, and food purification. The Community Development and Land Management segment is involved in the development and sale of real estate properties; entitling and enhancing tracts; and planning of landholdings. The company sells its products through its sales force, as well as through paperboard merchants and distributors. MeadWestvaco Corporation was founded in 1888 and is headquartered in Richmond, Virginia.

16,000 Employees
Last Reported Date: 02/24/14
Founded in 1888

meadwestvaco corp (MWV) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $1.1M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $592.8K
Executive Vice President of Global Operations
Total Annual Compensation: $473.7K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $494.1K
Compensation as of Fiscal Year 2013.

meadwestvaco corp (MWV) Key Developments

MeadWestvaco Corporation Renews Partnership with Xerox Corporation for IT Management Services

MeadWestvaco Corporation, or MWV has renewed its partnership with Xerox Corporation for IT management services. Partners since 2006, Xerox will extend its services for MWV via a new five-year contract to include telecom expense management, ERP system management and additional hosting for MWV's Brazil business. Xerox will also assist MWV in migrating core IT functions to the cloud, in addition to continuing existing services including hosting, network management and desktop support. To accommodate MWV's expansion over the years, Xerox has helped to modernize the company's computing platforms; centralize its internal communications through a unified, global email system; and protect secure information with a disaster recovery plan that included building a new infrastructure in a second Xerox facility for catastrophic resiliency.

MeadWestvaco Corporation Launches EnShield Kit 5 for Food & Food Service To-Go Packaging

MeadWestvaco Corporation announced the launch of EnShield(TM) kit 5, a new lightweight paperboard for packaging foods that require resistance to oil and grease. EnShield kit 5 offers market-appropriate barrier protection for moderately greasy foods and delivers best-in-class performance with printability, consistency and uniformity. Based on proprietary research, MWV learned that consumers frequently encounter an issue with their to-go food packaging soaking up oil and grease from their meal. In fact, 26% of consumers frequently encounter this issue and 59% said it was a major annoyance. EnShield kit 5 was developed to offer brand owners an opportunity to improve consumer satisfaction for food packaging with the right barrier protection while meeting corporate sustainability goals. The paperboard is fully repulpable and recyclable, improving packaging end-of-life options versus traditional poly-coated boards. MWV launched EnShield kit 5 at the 2014 Research Chef's Association (RCA) Culinology Expo, which attracts food industry professionals and suppliers. The expo has become the venue to launch new, cutting edge products and processes that exemplify culinology, the blending of culinary arts and food technology.

MeadWestvaco Corporation Announces Launch of Evertain

MeadWestvaco Corporation announced the launch of Evertain(R), the hermetically sealable, airtight paperboard package for foods that require protection from oxygen and moisture. MWV's patented technology combines a specially sealed inner seam with barrier coating to preserve freshness and extend shelf life. Packaging Matters(TM) is MWV's annual consumer satisfaction study. This year's research showed that preserving freshness was the most important attribute for overall product satisfaction, closely followed by "easy to carry" and easy to reclose. The Evertain(R) family of barrier packaging achieves all three. Evertain(R) comes in four reclosable sizes, including round and non-round varieties with customizable levels of barrier against oxygen and moisture. The Evertain(R) on-the-go snack cup has the added feature of portability. With Americans increasingly eating their snacks on the go, it's no surprise that they want food packaging that is both portable and easy to reclose. The Evertain(R) snack cup is designed to fit in standard car cup holders, a feature that has been shown to lead to increased snacking occasions. In addition, Evertain offers unique efficiency and sustainability benefits. Evertain(R) is 60% lighter than comparably sized composite and metal cans. The package's nestability allows eight times as many empty packages to be stored in the same space, reducing warehousing space and the number of trucks needed for transport. And, unlike composite cans and plastic canisters, Evertain(R) containers enable direct printing of graphics--eliminating the need for excess labels and packaging. All Evertain(R) fiber is sourced from responsibly managed forests and is 100% chain of custody certified. Evertain(R) is launching at SNAXPO 2014.

 

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Industry Analysis

MWV

Industry Average

Valuation MWV Industry Range
Price/Earnings 21.5x
Price/Sales 1.3x
Price/Book 1.7x
Price/Cash Flow 7.6x
TEV/Sales 0.4x
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