TacticScaleWhat Ball Does & How It Makes Money (BALL)
Updated October 2026 · reflects Ball's latest reported financials
Aluminum packaging maker for beverage cans, aerosols, and bottles. Ball makes money by manufacturing aluminum containers and selling them to beverage fillers and to personal care and household product companies.
How Ball makes money
Ball makes money by manufacturing aluminum containers and selling them to beverage fillers and to personal care and household product companies. It also sells aluminum slugs, the metal blanks used to make extruded containers.
What Ball does
Ball Corporation is an aluminum packaging manufacturer founded in 1880 and headquartered in Westminster, Colorado. Its main business is making aluminum beverage containers for companies that fill carbonated soft drinks, beer, energy drinks, and other beverages, with operations in the United States, Brazil, and other international markets. Ball also serves the personal care and household products industries with extruded aluminum aerosol containers, recloseable aluminum bottles, and aluminum cups, and it sells aluminum slugs. Because its customers are beverage and consumer-product makers, demand for its products follows how much of those drinks and goods people buy.
Products & services
- Aluminum beverage cans
- Extruded aluminum aerosol containers
- Recloseable aluminum bottles
- Aluminum cups
- Aluminum slugs
What is Ball worth?
On an owner-earnings DCF, Ball's most-likely value is about $73 versus a recent price near $58 (25% below fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$43) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
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