IP vs MGIH vs GPK Stock Comparison

International Paper, Millennium Group International Holdings and Graphic Packaging Holding Prices as of Oct 26, 2026 Peers: Industry group
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Head to Head

10 decided of 12

International Paper leads on 7 of the 12 questions below (International Paper 7, Graphic Packaging Holding 2, Millennium Group International Holdings 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIPMGIHGPKLeader
Larger companyMarket capitalisation $17.67B $15.52M $2.57B IP
Cheaper on earningsLower P/E, profitable companies only -5.1x — 13.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 25.5x — 13.5x GPK
Faster revenue growthRevenue growth, trailing twelve months +25.4% — +0.0% IP
More profitableNet margin, trailing twelve months -14.2% — 2.2% GPK
Better return on capitalReturn on invested capital 7.5% — 4.3% IP
Less leveragedLower net debt / EBITDA 1.7x — 5.1x IP
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -31.7% -28.7% -49.2% MGIH
Better 5-year returnAnnualised price return, 5 years -7.8%/yr — -15.1%/yr IP
Less volatileAnnualised volatility, 1 year 45.0% 73.7% 47.4% IP
Higher overall scoreMean of the five percentile scores vs peers 68/100 — 54/100 IP

Percentile Scorecard

IPMGIHGPK

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisIPMGIHGPK
Valuation 60 #7 of 16 – 93 #2 of 16
Growth 47 #9 of 16 – 0 #16 of 16
Profitability 57 #7 of 15 – 71 #5 of 15
Financial Health 86 #3 of 15 93 #2 of 15 21 #12 of 15
Shareholder Returns 92 #2 of 14 – 85 #3 of 14
Overall 68 – 54
  • IP ranked among 17 companies in Packaging
  • MGIH ranked among 17 companies in Packaging
  • GPK ranked among 17 companies in Packaging

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodIPMGIHGPKSPY
1 month -4.7%-10.1%-6.5% -0.8%
3 months -21.2%-21.2%-21.3% +3.5%
6 months +2.3%-10.7%-8.6% +7.0%
Year to date -15.2%+8.1%-41.8% +12.2%
1 year -31.7%-28.7%-49.2% +13.0%
3 years +0.8%-18.3%-58.1% +86.3%
3 years, per year +0.3%-6.5%-25.2% +23.1%
5 years -33.5%—-55.8% +68.6%
5 years, per year -7.8%—-15.1% +11.0%
10 years -27.7%—-29.5% +258.0%
10 years, per year -3.2%—-3.4% +13.6%

Risk

MeasureIPMGIHGPKSPY
Volatility, 1Y 45.0%73.7%47.4% 12.7%
Downside volatility, 1Y 44.5%69.9%48.0% 12.7%
Beta vs S&P 500, 1Y 1.260.260.89 1.00
Return / volatility, 1Y -0.70-0.39-1.04 1.02
Max drawdown, 5Y -51.1%-70.4%-73.0% -25.4%
From 52-week high -32.1%-28.7%-49.5% -1.8%
52-week high $49.19$1.88$17.37 $779.14
52-week low $29.38$1.24$8.24 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleIPMGIHGPK
P/E now vs peer median -5.1xmedian 19.3x —median 19.3x 13.4xmedian 19.3x
P/S now vs peer median 0.9xmedian 0.7x —median 0.7x 0.3xmedian 0.7x
EV/EBITDA now vs peer median 6.0xmedian 9.7x —median 9.7x 7.5xmedian 9.7x
P/FCF now vs peer median 42.6xmedian 15.7x —median 15.7x 13.7xmedian 15.7x
P/B now vs peer median 1.4xmedian 1.4x 0.7xmedian 1.4x 0.8xmedian 1.4x
PEG now vs peer median 0.08median 0.82 —median 0.82 -0.39median 0.82

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsIPMGIHGPK
Revenue $24.20B – $8.64B
Gross profit $7.21B – $1.34B
Operating income $2.13B – $504.00M
Net income -$3.44B – $194.00M
Free cash flow $492.00M – $189.00M
EPS (diluted) $-6.49 – $0.65
Cash & equivalents $726.00M $6.86M $205.00M
Total debt $34.22B $21.98M $5.67B
Shares (diluted) 529.50M 11.25M 296.70M
Enterprise value $13.57B -$28.72M $1.80B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricIPMGIHGPK
P/E -5.1x – 13.4x
P/FCF 42.6x – 13.7x
P/Operating cash flow 7.9x – 3.3x
P/S 0.9x – 0.3x
P/B 1.4x 0.7x 0.8x
P/Tangible book 2.0x 0.7x 1.0x
EV/EBITDA 6.0x – 7.5x
EV/EBIT 13.8x – 16.0x
EV/Revenue 1.2x – 0.9x
EV/FCF 59.8x – 42.6x
EV/Operating cash flow 11.1x – 10.2x
PEG (3Y EPS CAGR) 0.08 – -0.39

Growth

14 metrics
MetricIPMGIHGPK
Revenue growth (1Y) 25.4% – 0.0%
Revenue CAGR (3Y) 6.1% – -3.7%
Gross profit growth (1Y) 32.6% – -26.6%
Gross profit CAGR (3Y) 7.9% – -13.6%
Operating income growth (1Y) 6.8% – -45.9%
Operating income CAGR (3Y) -13.8% – -24.2%
Net income growth (1Y) -12,633% – -63.7%
Net income CAGR (3Y) -74.4% – -35.0%
EPS growth (1Y) -12,708% – -63.1%
EPS CAGR (3Y) -60.9% – -34.1%
Operating cash flow growth (1Y) 139.3% – 3.1%
Operating cash flow CAGR (3Y) 8.6% – -10.1%
Free cash flow growth (1Y) 516.9% – 147.8%
Free cash flow CAGR (3Y) -18.3% – -28.6%

Profitability

14 metrics
MetricIPMGIHGPK
Gross margin 29.8% – 15.5%
EBITDA margin 20.4% – 12.4%
Operating margin 8.8% – 5.8%
Pretax margin -13.5% – 2.9%
Net margin -14.2% – 2.2%
FCF margin 2.0% – 2.2%
Operating cash flow margin 10.9% – 9.2%
Return on equity -23.5% – 6.0%
Return on assets -9.4% – 1.7%
Return on invested capital 7.5% – 4.3%
Return on capital employed 7.3% – 5.3%
Asset turnover 0.7x – 0.7x
Cash conversion (OCF / net income) -0.8x – 4.1x
Stock comp / revenue – – 0.2%

Financial Health

11 metrics
MetricIPMGIHGPK
Debt / assets 25.2% 14.3% 48.6%
Debt / equity 0.6x 0.2x 1.8x
Net debt / EBITDA 1.7x – 5.1x
Debt / FCF 18.7x – 30.0x
Liabilities / assets 60.4% 33.1% 72.2%
Equity / assets 39.6% 66.9% 27.8%
Interest coverage 6.2x – 2.0x
Current ratio 1.1x 1.6x 1.4x
Quick ratio 0.7x 1.3x 0.5x
Cash ratio 0.1x 0.7x 0.1x
Altman Z-score 1.62 – 1.34

Shareholder Returns

7 metrics
MetricIPMGIHGPK
Dividend yield 5.5% – 5.0%
Net buyback yield 0.2% – –
Shareholder yield 5.7% – 5.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusIPMGIHGPK
Forward P/E 25.5xFY2026 – 13.5xFY2026
EPS, next fiscal year $1.31FY2026 – $0.65FY2026
EPS growth, next FY – – -63.9%FY2026
EPS growth, the year after +122.1% – +44.6%
Revenue, next fiscal year $23.04BFY2026 – $8.24BFY2026
Revenue growth, next FY -2.5%FY2026 – -4.4%FY2026
Revenue growth, the year after +17.4% – +0.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersIPMGIHGPK
Held by institutions 85.3% – 100.0%
Institutions holding 855 – 499
Change in shares held, QoQ +4.9% – +5.3%
Institutions buying 453 – 322
Institutions selling 282 – 130
Buyers to sellers 1.61 – 2.48

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

IPMGIHGPK
IP 1.00 -0.03 0.43
MGIH -0.03 1.00 -0.20
GPK 0.43 -0.20 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, IP, MGIH and GPK?

International Paper (IP) is the largest by market capitalisation: International Paper (IP) $17.67B, Millennium Group International Holdings (MGIH) $15.52M, Graphic Packaging Holding (GPK) $2.57B.

Which company is growing faster?

International Paper (IP) grew revenue fastest over the trailing twelve months: International Paper (IP) +25.4%, Graphic Packaging Holding (GPK) +0.0%.

Which company is more profitable?

Graphic Packaging Holding (GPK) has the highest net margin (International Paper (IP) -14.2%, Graphic Packaging Holding (GPK) 2.2%). On return on invested capital, International Paper (IP) leads (International Paper (IP) 7.5%, Graphic Packaging Holding (GPK) 4.3%).

Which stock has performed better?

Over the past year Millennium Group International Holdings (MGIH) returned the most: International Paper (IP) -31.7%, Millennium Group International Holdings (MGIH) -28.7%, Graphic Packaging Holding (GPK) -49.2%. Over five years, International Paper (IP) compounded fastest (International Paper (IP) -7.8%/yr, Graphic Packaging Holding (GPK) -15.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, International Paper (IP) has been the steadiest (International Paper (IP) 45.0%, Millennium Group International Holdings (MGIH) 73.7%, Graphic Packaging Holding (GPK) 47.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, IP, MGIH and GPK?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, International Paper (IP) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.