CCK vs FLUX: Which Is the Better Buy in 2026?

Last updated October 2026

Short answer

CCK is the larger of the two ($12.42B market cap): the incumbent the market prices for continued execution (12.61x forward earnings, beta 0.56). FLUX is the smaller challenger ($8.84M), priced similarly on forward earnings (-2.73x): more room to run, but more to prove. The real question is which set of drivers you believe, and whether owning one (or both) leaves you over-concentrated.

CCK vs FLUX: the tie-breaker metrics

Same yardstick, side by side (as of October 2026). Valuation lined up like this is most meaningful for two names in the same corner of the market, which these are. Figures are approximate; verify before investing.

MetricCCKFLUXWhat it tells you
Market cap$12.42B$8.84MSize. The larger name is the incumbent; the smaller has more room to grow and more to prove.
Forward P/E12.61-2.73Valuation on next year's expected earnings, the same yardstick for both. Lower is cheaper for that growth; higher means the market is paying up.
Beta0.561.66Volatility vs the market. Above 1 swings harder than the index; below 1 is steadier. Higher beta means bigger drawdowns to hold through.
Price vs 52-week range72% of range0% of rangeWhere today's price sits between the 52-week low and high. Near the high is momentum with less margin of safety; near the low is out of favor or a discount, depending on why.
Price / book4.283.44How much you pay over book value. Very high can signal an asset-light, high-return business or a rich price.

Before you buy: how CCK and FLUX affect your concentration

The metrics above tell you which is the marginally better business. The bigger risk for most people is not picking the slightly worse stock, it is over-concentrating. CCK and FLUX share themes, so owning both, or adding either to what you already hold, can quietly push a large share of your portfolio into one bet.

This is the part a generic comparison page cannot answer, because it depends on what you own. Connect your brokerage and Walnut shows your real, combined CCK and FLUX exposure, flags overlap with your existing positions, and tells you if adding one would tip you past a concentration you are comfortable with, read-only by default, with your login staying at your broker. Walnut is not an investment adviser.

What does Crown Holdings (CCK) do?

Crown Holdings manufactures metal packaging, primarily aluminum beverage cans, along with food cans, aerosol cans, metal closures, and protective transit packaging. It runs a global footprint across the Americas, Europe, and Asia Pacific, supplying beer, soft drink, energy drink, and other beverage brands with billions of cans a year. The business is capital intensive and consolidated: Crown, Ball, and Ardagh together control the majority of the global two-piece can market.

Full CCK guide

What does Flux Power Holdings (FLUX) do?

Flux Power Holdings designs and assembles lithium-ion energy storage packs that replace lead-acid batteries in electric forklifts and airport ground support equipment (GSE) such as baggage tractors and belt loaders. Its range runs from Class 3 walkie pallet jack packs up to large counterbalance forklift packs, plus the higher-voltage G96 and redesigned G80 for aviation, all built on an in-house battery management system and SkyEMS telemetry software. Final assembly happens on six lines at a ~63,000 square foot ISO 9001 facility in Vista, California, while cells come from a single supplier in China. Most sales go through forklift OEMs and their dealer networks, and the customer base is concentrated: two customers made up ~71% of FY2026 revenue.

Full FLUX guide

CCK vs FLUX: how do they differ?

Both fit overlapping themes, but they are not interchangeable. The useful comparison is which set of drivers and risks you want exposure to.

  • CCK drivers: Global beverage-can volume growth; Free cash flow and capital return.
  • FLUX drivers: Lead-acid to lithium conversion in material handling; Cost reset and the path to breakeven.

Which fits which kind of investor

A faster-growing, richer-valued name usually swings harder, so it suits a longer horizon and a higher tolerance for volatility; a steadier, more cash-generative business suits a more conservative or income-minded investor. The honest test is which set of risks you could hold through a drawdown: Crown is exposed to beverage consumption trends, and any slowdown in key categories or regions can pressure volumes. For FLUX, liquidity is the central risk.

CCK or FLUX: which should you pick?

Growth-minded investors who believe the theme has years to run tend to accept the richer multiple for more upside; value-minded investors lean toward the cheaper forward earnings and steadier profile. Pick CCK if you believe its drivers more; FLUX if you believe its. Many investors hold both, but since they share themes, that is a concentrated bet, not diversification. Decide deliberately and check overlap. For the full detail, see the CCK and FLUX guides.

CCK vs FLUX: the full fundamentals

CCK. At $114.91 on October 16, 2026, Crown trades at about 16.5 times trailing and 12.7 times forward earnings, under 1x sales and about 8.7 times EBITDA, consistent with a cash-generative industrial packaging company rather than a growth name. Analysts expect adjusted EPS of about $8.40 in 2026 and $9.05 in 2027, and the mean target of about $135 sits above the current price. The dividend yield is near 1.15% with a payout ratio under 20%, so buybacks remain a larger part of capital return.

FLUX. Traditional earnings multiples do not apply because Flux is losing money. On sales, the stock trades at roughly ~0.25 times trailing revenue, a fraction of what profitable battery and industrial equipment makers command. That discount is the market pricing distress: going-concern doubt, a covenant default, a tiny cash balance and the likelihood that new shares will be issued well below today's count-adjusted value. Book equity turned slightly positive (~$2.6 million) after debt conversion and share issuance. The valuation would look very different if revenue returned to the ~$60 million plus range of prior years with stable financing, and very different again if a raise comes at deeply dilutive terms.

Headline figures (approximate, October 2026): CCK shows revenue (ttm) ~$13.3B, revenue growth (q2 2026, yoy) ~16.5%, operating / net margin (ttm) ~12.6% / ~5.9%, q2 2026 adjusted eps vs est. $2.49 vs $2.16; FLUX shows revenue (ttm, fy ended june 2026) ~$42.1 million (FY2025 ~$66.4 million, down ~37%), gross margin (fy2026) ~30.2% (Q4 ~27.4%; FY2025 ~32.7%), net loss (fy2026) ~$7.4 million, or ~$0.38 per share, adjusted ebitda (fy2026) ~$(4.5) million (Q4 ~$(1.6) million).

The bottom line: CCK vs FLUX

CCK and FLUX are related but distinct: same themes, different businesses and risks. Neither wins in the abstract; the right pick is whichever thesis you actually believe, sized so you are not over-concentrated in one theme. Walnut can show your combined CCK and FLUX exposure against your real portfolio. It is not an investment adviser.

Wondering how CCK or FLUX fits the portfolio you already own? Walnut is an AI investing app that connects your brokerage read-only and answers questions like that about your actual holdings: overlap, concentration, and how each position tracks the S&P 500. Compare the best AI portfolio analyzers or see the best AI investing apps in 2026.

Investing in Crown Holdings with AI

Connect the broker you already use and ask Walnut's AI how CCK fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.

FAQ

What is the difference between CCK and FLUX?

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Crown Holdings manufactures metal packaging, primarily aluminum beverage cans, along with food cans, aerosol cans, metal closures, and protective transit packaging. Flux Power Holdings designs and assembles lithium-ion energy storage packs that replace lead-acid batteries in electric forklifts and airport ground support equipment (GSE) such as baggage tractors and belt loaders. They show up together because they share investment themes, but they are different businesses, so the better fit depends on which thesis you are expressing.

Is CCK or FLUX the better stock?

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Neither is universally better. CCK is the larger incumbent; FLUX is the smaller challenger and looks cheaper on forward earnings. Walnut is informational, not investment advice. Compare what each does, the tie-breaker metrics above, and the risks, then decide which fits your thesis and what you already own.

Which is cheaper, CCK or FLUX?

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On forward P/E (as of October 2026), CCK trades at 12.61x and FLUX at -2.73x, so FLUX is the cheaper of the two on next year's expected earnings. A lower multiple is not automatically the better buy: a richer valuation can be justified by faster growth, and a lower one can reflect real risk. Weigh the multiple against how fast each business is compounding.

Should you own both CCK and FLUX?

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Because they share themes, owning both concentrates you in that theme. That can be intentional (a focused bet) or accidental (less diversification than it looks). Walnut can show your combined exposure across both, and whether adding either over-concentrates you, before you buy.

What are the risks of CCK vs FLUX?

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CCK: Crown is exposed to beverage consumption trends, and any slowdown in key categories or regions can pressure volumes. Aluminum price swings and foreign exchange move reported revenue and can create timing mismatches even with pass-through contracts. The business is capital intensive and carries meaningful debt, so interest costs and capex discipline matter to free cash flow. Customer concentration among large beverage brands gives buyers pricing leverage, and new capacity from Crown or rivals like Ball and Ardagh can create periods of oversupply. Tariffs, trade policy, and regional economic weakness add further uncertainty. Debt stands at about $6.3 billion against about $656 million of cash, and a competing Ball plant in India could make that market crowded early. Walnut is not an investment adviser; this page describes the business and is not a recommendation. FLUX: Liquidity is the central risk. With ~$0.3 million of cash at June 30, 2026, a covenant default under the Gibraltar Business Capital facility, and management's own statement that existing resources will not fund the next twelve months, the company depends on its lender's continued forbearance and on raising new equity. If Gibraltar limits availability or accelerates the ~$6.3 million balance, operations could be disrupted. New equity at ~$0.45 per share would heavily dilute existing holders; share count already rose from ~16.8 million to ~21.6 million in a year. The Nasdaq bid price deadline falls in January 2027 (with a possible extension), and a reverse split or delisting are both possible. Operationally, ~71% of revenue comes from two customers with no long-term contracts, cells come from a single Chinese supplier exposed to shifting US tariffs and a past import pause, and all assembly sits in one California facility. Larger rivals such as EnerSys and the forklift OEMs' own captive battery programmes can outspend Flux. Governance history also matters: the 2024 inventory restatement led to a securities class action (settled for ~$1.75 million, insurer-funded) and the company was late on a 10-K/A, which makes it ineligible to use a shelf registration on Form S-3.

Walnut is informational, not investment advice. This page is descriptive and not a recommendation to buy or sell CCK or FLUX; figures are approximate and dated (as of October 2026). Verify current data before investing.