SLGN: Silgan solid

These are my initial impressions of SLGN. First analysis on this site so stop me if you see anything out of place. Having just come off a recent high, SLGN still looks under-priced. This company has good operating margins, a low p/e ratio. It operates mainly in " the manufacture and sale of metal and plastic consumer goods packaging products in North America, Europe, Asia, and South America. Its products include steel and aluminum containers for human and pet food; and custom designed plastic containers, tubes, and closures for personal care, health care, pharmaceutical, household and industrial chemical, food, pet care, agricultural chemical, automotive, and marine chemical products." As a long term investment it looks appealing because of its current low market valuation and key statistics. A 25% return on equity is indicative of how efficiently the company is run. The main reason it seems for the market to ignore this stock is its amount of debt $941M, but with an operating cash flow of $280M this hardly seems like and issue. In the short term it looks like and even better trade, with a low side price estimate of %57 (finance.yahoo.com) and upside potential of $69. It is currently trading at 54.61, a bargain for such solid fundamentals.