| Address:
|
501 SOUTH 5TH STREET
MWV WORLD HEADQUARTERS |
| City: |
RICHMOND |
|
State: |
VA |
|
Zip Code: |
23219-0501 |
| Telephone: |
804-327-5200 |
|
Description of Business
|
Primary SIC Code:
2621 |
| (As filed with the SEC)
|
|
|
MeadWestvaco Corporation ("MeadWestvaco", "MWV", or the "company"), a Delaware
corporation formed in 2001 following the merger of Westvaco Corporation and The
Mead Corporation, is a global packaging company that provides packaging
solutions to many of the world's brands in the healthcare, personal care and
beauty, food, beverage, media and entertainment, home and garden, tobacco, and
commercial print industries. MWV's other business operations serve the consumer
and office products, specialty chemicals, forestry and real estate markets.
MWV's business segments are (i) Packaging Resources, (ii) Consumer Solutions,
(iii) Consumer & Office Products, (iv) Specialty Chemicals, and (v) Community
Development and Land Management.
Packaging Resources
The Packaging Resources segment produces bleached paperboard ("SBS"), Coated
Natural Kraft® paperboard ("CNK ®") and linerboard. This segment's paperboard
products are manufactured at three mills located in the U.S. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2011 | 1.47 | 0.250 | 20.37 | | 09/2011 | 1.99 | NA | 12.34 | | 06/2011 | 1.95 | 0.250 | 17.08 | | 03/2011 | 1.76 | 0.250 | 17.23 | | 12/2010 | 1.52 | 0.250 | 17.21 | | 09/2010 | 1.38 | NA | 17.67 | | 06/2010 | 1.46 | 0.230 | 15.21 | | 03/2010 | 1.90 | 0.230 | 13.45 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.03 | Total Liab/Total Assets | 0.63 | | Net Inc/Total Assets | 0.01 | Total Liab/Inv Cap | 0.73 | | Net Inc/Inv Cap | 0.01 | Total Liab/Comm Equity | 1.80 | | Pretax Inc/Net Sales | 0.06 | Interest Coverage Ratio | 2.72 | | Net Inc/Net Sales | 0.02 | Curr Debt/Equity | 0.00 | | Cash Flow/Net Sales | 0.10 | LTD/Equity | 0.62 | | SG&A/NetSales | 0.13 | Total Debt/Equity | 0.62 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 6.83 | Quick Ratio | 1.47 | | Inventory Turnover | 7.68 | Current Ratio | 2.00 | | Inventory Day Sales | 0.02 | Net Rec/Curr Assets | 0.34 | | Net Sales/Work Cap | 4.67 | Inv/Curr Assets | 0.26 | | Net Sales/PP&E | 1.75 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
1,639.00
|
1,557.00
|
1,365.00
|
1,498.00
|
|
Cost of Goods Sold
|
1,234.00
|
1,182.00
|
1,049.00
|
1,157.00
|
|
Selling & Admin Exps
|
197.00
|
205.00
|
184.00
|
203.00
|
|
Operating Income
|
208.00
|
170.00
|
132.00
|
138.00
|
|
Interest Exp
|
45.00
|
45.00
|
47.00
|
47.00
|
|
Pretax Income
|
170.00
|
132.00
|
107.00
|
91.00
|
|
Other Income
|
7.00
|
7.00
|
22.00
|
0.00
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
117.00
|
89.00
|
65.00
|
47.00
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
757.00
|
668.00
|
675.00
|
790.00
|
|
Receivables - Total
|
810.00
|
839.00
|
713.00
|
827.00
|
|
Inventories - Total
|
748.00
|
799.00
|
742.00
|
642.00
|
|
Total Current Assets
|
2,423.00
|
2,426.00
|
2,258.00
|
2,446.00
|
|
Net Property, Plant & Equipment
|
3,361.00
|
3,382.00
|
3,308.00
|
3,255.00
|
|
Total Assets
|
8,919.00
|
8,993.00
|
8,707.00
|
8,814.00
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
1,179.00
|
1,204.00
|
1,031.00
|
1,196.00
|
|
Debt in Current Liabilities
|
239.00
|
226.00
|
7.00
|
7.00
|
|
Total Current Liabilities
|
1,418.00
|
1,430.00
|
1,038.00
|
1,226.00
|
|
Long-Term Debt
|
1,849.00
|
1,785.00
|
2,026.00
|
2,042.00
|
|
Total Liabilities
|
5,512.00
|
5,502.00
|
5,313.00
|
5,528.00
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
22.00
|
22.00
|
21.00
|
20.00
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
2.00
|
2.00
|
2.00
|
2.00
|
|
Retained Earnings
|
360.00
|
244.00
|
241.00
|
219.00
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
3,407.00
|
3,491.00
|
3,394.00
|
3,286.00
|
|
Total Liabilities and Stockholders' Equity
|
8,919.00
|
8,993.00
|
8,707.00
|
8,814.00
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
250.00
|
152.00
|
-15.00
|
219.00
|
|
Net Cash Provided by Investing Activities
|
-161.00
|
-137.00
|
-67.00
|
-153.00
|
|
Net Cash Provided by Financing Activities
|
43.00
|
-37.00
|
-50.00
|
-52.00
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 6,530.00 | 93.00 | 0.52 | | 12/2007 | 6,906.00 | 285.00 | 1.56 | | 12/2008 | 6,637.00 | 90.00 | 0.46 | | 12/2009 | 5,406.00 | 225.00 | 1.30 | | 12/2010 | 5,693.00 | 106.00 | 1.52 | | Growth Rates | -3.37 | 3.33 | 30.76 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 347 | 139,970 | 81.98 |
|
Report Date :
2/6/2012
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