TacticScaleWhat Greif Does & How It Makes Money (GEF)
Updated October 2026 · reflects Greif's latest reported financials
Global maker of industrial drums, containers, and recycled paperboard packaging. Greif earns revenue by manufacturing and selling rigid industrial packaging and recycled paperboard products to industrial customers worldwide.
How Greif makes money
Greif earns revenue by manufacturing and selling rigid industrial packaging and recycled paperboard products to industrial customers worldwide. It adds income from container reconditioning, life cycle management, logistics, and warehousing services, plus sales of closures, linings, recycled fiber, and adhesives.
What Greif does
Greif, Inc., founded in 1877 and headquartered in Delaware, Ohio, is a worldwide producer of industrial packaging. It reports four segments. Customized Polymer Solutions makes plastic drums, rigid intermediate bulk containers, and small plastics. Durable Metal Solutions makes steel drums. Sustainable Fiber Solutions makes fibre drums, recycled paperboard, tubes, cores, and partitions. Integrated Solutions supplies paints, linings, closure systems, and related services. Its customers are mainly in chemicals, petroleum, agriculture, food and beverage, pharmaceuticals, paints and coatings, and building products. Besides selling new containers, Greif reconditions and remanufactures used containers and offers life cycle management, logistics, and warehousing. It also trades recycled fiber and makes adhesives. The company was known as Greif Bros. Corporation until 2001.
Products & services
- Steel drums
- Plastic drums and rigid intermediate bulk containers (IBCs)
- Fibre drums
- Uncoated and coated recycled paperboard
- Tubes, cores, and specialty partitions
- Container reconditioning and life cycle management services
What is Greif worth?
On an owner-earnings DCF, Greif's most-likely value is about $75 versus a recent price near $82 (8% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$47) 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.
⚠ Capital-intensive — this business reinvests heavily, so free cash flow runs well below its earnings. Fair value here is built on free cash flow, which understates owner earnings for reinvestment-heavy companies — read it as conservative.
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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