Supply Constraints And Capital Costs Will Weigh On Earnings, But New Products May Improve Future Prospects

Published
13 Mar 25
Updated
19 Aug 25
AnalystConsensusTarget's Fair Value
NZ$8.86
10.0% overvalued intrinsic discount
19 Aug
NZ$9.75
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1Y
54.3%
7D
11.8%

Author's Valuation

NZ$8.9

10.0% overvalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on19 Aug 25
Fair value Increased 5.92%

Despite a notable reduction in forecast revenue growth, a2 Milk’s valuation has risen on higher future P/E expectations, resulting in an upward revision of the consensus price target from NZ$8.37 to NZ$8.86. What's in the News The a2 Milk Company expects revenue growth in the high single-digit percent range for fiscal year 2026, compared to FY25 continuing operations.

Shared on29 Jul 25
Fair value Increased 7.39%

The consensus price target for a2 Milk has increased, underpinned by a rising future P/E multiple, indicating higher growth expectations despite a modest uptick in the discount rate, resulting in a revised fair value of NZ$8.37. Valuation Changes Summary of Valuation Changes for a2 Milk The Consensus Analyst Price Target has risen from NZ$7.79 to NZ$8.37.

Shared on26 Mar 25
Fair value Increased 1.86%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.