How does ORI's PE Ratio compare to its peers?

ORI is good value based on its Price-To-Earnings Ratio (16.7x) compared to the peer average (32.7x).

How does ORI's PE Ratio compare vs other companies in the Global Chemicals Industry?

ORI is good value based on its Price-To-Earnings Ratio (16.7x) compared to the Global Chemicals industry average (21.8x).

What is ORI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ORI is expensive based on its Price-To-Earnings Ratio (16.7x) compared to the estimated Fair Price-To-Earnings Ratio (16.1x).

What is the Fair Price of ORI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ORI (A$18) is trading below our estimate of [[fair value]] (A$35.49)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Orica (ASX:ORI) - Stock Price, News & Analysis

ORI Stock Overview

Manufactures, distributes, and sells commercial blasting systems, explosives, mining and tunnelling support systems, and various chemical products and services in Australia, Peru, Canada, the United States, and internationally. More details

ORI fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	4/6
Financial Health	5/6
Dividends	2/6

Rewards

Trading at 49.3% below our estimate of its fair value

Earnings are forecast to grow 8.42% per year

Earnings grew by 77.4% over the past year

Risk Analysis

Shareholders have been diluted in the past year

Large one-off items impacting financial results

Orica Limited Competitors

BlueScope Steel

ASX:BSL

AU$9.3b

Evolution Mining

ASX:EVN

AU$10.1b

Mineral Resources

ASX:MIN

AU$6.6b

SciDev

ASX:SDV

AU$93.0m

Price History & Performance

Summary of all time highs, changes and price drops for Orica
Historical stock prices
Current Share Price	AU$18.00
52 Week High	AU$18.97
52 Week Low	AU$15.33
Beta	0.68
11 Month Change	3.33%
3 Month Change	-0.28%
1 Year Change	15.38%
33 Year Change	24.05%
5 Year Change	-24.31%
Change since IPO	226.09%

Recent updates

Orica (ASX:ORI) Is Increasing Its Dividend To A$0.28

Nov 18

Are Investors Undervaluing Orica Limited (ASX:ORI) By 50%?

Oct 10

These 4 Measures Indicate That Orica (ASX:ORI) Is Using Debt Reasonably Well

Sep 22

Do Orica's (ASX:ORI) Earnings Warrant Your Attention?

Sep 04

Improved Earnings Required Before Orica Limited (ASX:ORI) Shares Find Their Feet

Jul 31

Orica's (ASX:ORI) Returns Have Hit A Wall

Jun 27

We Think Orica (ASX:ORI) Can Stay On Top Of Its Debt

May 29

Orica (ASX:ORI) Is Due To Pay A Dividend Of A$0.19

May 11

What You Can Learn From Orica Limited's (ASX:ORI) P/E

Apr 28

Here's Why We Think Orica (ASX:ORI) Might Deserve Your Attention Today

Apr 10

Here's What To Make Of Orica's (ASX:ORI) Decelerating Rates Of Return

Feb 01

Orica Limited's (ASX:ORI) P/E Is On The Mark

Jan 17

Is Now The Time To Put Orica (ASX:ORI) On Your Watchlist?

Dec 30

Orica (ASX:ORI) Has A Pretty Healthy Balance Sheet

Nov 28

Orica (ASX:ORI) Is Increasing Its Dividend To A$0.25

Nov 11

There's Been No Shortage Of Growth Recently For Orica's (ASX:ORI) Returns On Capital

Oct 06

Is Orica Limited (ASX:ORI) Trading At A 41% Discount?

Aug 11

Orica (ASX:ORI) Seems To Use Debt Quite Sensibly

Jul 26

Returns At Orica (ASX:ORI) Are On The Way Up

Jun 23

An Intrinsic Calculation For Orica Limited (ASX:ORI) Suggests It's 40% Undervalued

Mar 23

Here's What To Make Of Orica's (ASX:ORI) Decelerating Rates Of Return

Mar 01

Is Orica (ASX:ORI) A Risky Investment?

Dec 29

News Flash: Analysts Just Made A Captivating Upgrade To Their Orica Limited (ASX:ORI) Forecasts

Nov 16

Returns On Capital At Orica (ASX:ORI) Have Hit The Brakes

Nov 11

Orica (ASX:ORI) Has Announced That It Will Be Increasing Its Dividend To AU$0.13

May 21

Some Investors May Be Worried About Orica's (ASX:ORI) Returns On Capital

May 14

Orica (ASX:ORI) Is Finding It Tricky To Allocate Its Capital

Feb 12

An Intrinsic Calculation For Orica Limited (ASX:ORI) Suggests It's 26% Undervalued

Jan 25

These 4 Measures Indicate That Orica (ASX:ORI) Is Using Debt Extensively

Nov 16

Orica (ASX:ORI) Could Be Struggling To Allocate Capital

Oct 25

Investors Could Be Concerned With Orica's (ASX:ORI) Returns On Capital

Jul 05

Shareholder Returns

	ORI	AU Chemicals	AU Market
7D	-0.6%	1.7%	0.9%
1Y	15.4%	6.6%	18.4%

Return vs Industry: ORI exceeded the Australian Chemicals industry which returned 6.6% over the past year.

Return vs Market: ORI underperformed the Australian Market which returned 18.4% over the past year.

Price Volatility

Is ORI's price volatile compared to industry and market?
ORI volatility
ORI Average Weekly Movement	2.5%
Chemicals Industry Average Movement	10.2%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: ORI has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: ORI's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1874	14,000	Sanjeev Kumar Gandhi	www.orica.com

Orica Limited manufactures, distributes, and sells commercial blasting systems, explosives, mining and tunnelling support systems, and various chemical products and services in Australia, Peru, Canada, the United States, and internationally. The company provides 4D bulk explosives systems, packaged explosives, initiating systems, boosters, and seismic explosive ranges; technical services; and supplementary services. It also offers automation solutions, including Avatel, a machine equipped with underground development charging system; and secondary breakage and hang up blasting, a tele-remote blasting solution.

Orica Limited Fundamentals Summary

How do Orica's earnings and revenue compare to its market cap?
ORI fundamental statistics
Market cap	AU$8.77b
Earnings (TTM)	AU$524.60m
Revenue (TTM)	AU$7.66b

16.7x

P/E Ratio

1.1x

P/S Ratio

Is ORI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ORI income statement (TTM)
Revenue	AU$7.66b
Cost of Revenue	AU$4.56b
Gross Profit	AU$3.11b
Other Expenses	AU$2.58b
Earnings	AU$524.60m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.08
Gross Margin	40.52%
Net Profit Margin	6.85%
Debt/Equity Ratio	48.3%

How did ORI perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

42%

Payout Ratio

Does ORI pay a reliable dividends?

See ORI dividend history and benchmarks

When do you need to buy ORI by to receive an upcoming dividend?
Orica dividend dates
Ex Dividend Date	Nov 22 2024
Dividend Pay Date	Dec 23 2024
Days until Ex dividend	3 days
Days until Dividend pay date	28 days

Does ORI pay a reliable dividends?

See ORI dividend history and benchmarks

ORI Stock Overview

Rewards

Risk Analysis

Orica Limited Competitors

ASX:BSL

AU$9.3b

ASX:EVN

AU$10.1b

ASX:MIN

AU$6.6b

ASX:SDV

AU$93.0m

Price History & Performance

Recent News & Updates

Orica (ASX:ORI) Is Increasing Its Dividend To A$0.28

Final dividend increased to AU$0.28

Full year 2024 earnings released: EPS: AU$1.11 (vs AU$0.65 in FY 2023)

Now 20% undervalued after recent price drop

Are Investors Undervaluing Orica Limited (ASX:ORI) By 50%?

These 4 Measures Indicate That Orica (ASX:ORI) Is Using Debt Reasonably Well

Recent updates

Orica (ASX:ORI) Is Increasing Its Dividend To A$0.28

Final dividend increased to AU$0.28

Full year 2024 earnings released: EPS: AU$1.11 (vs AU$0.65 in FY 2023)

Now 20% undervalued after recent price drop

Are Investors Undervaluing Orica Limited (ASX:ORI) By 50%?

These 4 Measures Indicate That Orica (ASX:ORI) Is Using Debt Reasonably Well

Do Orica's (ASX:ORI) Earnings Warrant Your Attention?

Improved Earnings Required Before Orica Limited (ASX:ORI) Shares Find Their Feet

Orica's (ASX:ORI) Returns Have Hit A Wall

We Think Orica (ASX:ORI) Can Stay On Top Of Its Debt

Orica (ASX:ORI) Is Due To Pay A Dividend Of A$0.19

Price target increased by 9.1% to AU$20.05

First half dividend increased to AU$0.19

First half 2024 earnings released: EPS: AU$0.73 (vs AU$0.27 in 1H 2023)

What You Can Learn From Orica Limited's (ASX:ORI) P/E

Here's Why We Think Orica (ASX:ORI) Might Deserve Your Attention Today

Orica Limited Announces Retirement of Gene Tilbrook from the Board of Directors

New minor risk - Shareholder dilution

Orica Limited has completed a Follow-on Equity Offering in the amount of AUD 400.000012 million.

Orica Limited (ASX:ORI) entered into a binding agreement to acquire Cyanco Corporation from Cerberus Capital Management, L.P for the enterprise value of approximately $640 million.

Consensus EPS estimates increase by 10%

Orica Limited has filed a Follow-on Equity Offering in the amount of AUD 400.000012 million.

Orica Limited (ASX:ORI) entered into a binding agreement to acquire Cyanco Corporation from Cerberus Capital Management, L.P for the enterprise value of approximately $640 million.

Here's What To Make Of Orica's (ASX:ORI) Decelerating Rates Of Return

Orica Limited's (ASX:ORI) P/E Is On The Mark

Orica Limited to Report First Half, 2024 Results on May 09, 2024

Is Now The Time To Put Orica (ASX:ORI) On Your Watchlist?

Orica (ASX:ORI) Has A Pretty Healthy Balance Sheet

Orica (ASX:ORI) Is Increasing Its Dividend To A$0.25

Orica Limited Provides Earnings Guidance for the Year 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

CF Industries Files a Separate Lawsuit in the United States Against Orica

There's Been No Shortage Of Growth Recently For Orica's (ASX:ORI) Returns On Capital

Is Orica Limited (ASX:ORI) Trading At A 41% Discount?

Orica (ASX:ORI) Seems To Use Debt Quite Sensibly

Returns At Orica (ASX:ORI) Are On The Way Up

Upcoming dividend of AU$0.18 per share at 2.2% yield

Orica Limited Announces Distribution for the Six Months Ended March 31, 2023, Payable on July 3, 2023

First half 2023 earnings released

An Intrinsic Calculation For Orica Limited (ASX:ORI) Suggests It's 40% Undervalued

Here's What To Make Of Orica's (ASX:ORI) Decelerating Rates Of Return

Orica Limited Announces Vanessa Guthrie AO as Independent, Non-Executive, Effective 1 February 2023

Is Orica (ASX:ORI) A Risky Investment?

Orica Limited, Annual General Meeting, Feb 13, 2023

Orica Announces the Appointment of Mark Garrett as Independent, Non-Executive Director, to the Board

Orica Limited Announces Board Retirements

News Flash: Analysts Just Made A Captivating Upgrade To Their Orica Limited (ASX:ORI) Forecasts

Consensus revenue estimates increase by 14%

Returns On Capital At Orica (ASX:ORI) Have Hit The Brakes

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Orica Limited Provides Earnings Guidance for the Fiscal Year 2023

Orica Announces Change of Chief Financial Officer Effective October 11, 2022

Orica Limited (ASX:ORI) entered into an agreement to acquire Axis Mining Technology for AUD 350 million.

Orica Limited Announces Distribution for the Period of Six Months Ended 31 March 2022, Payable on July 08, 2022

Upcoming dividend of AU$0.13 per share

Orica (ASX:ORI) Has Announced That It Will Be Increasing Its Dividend To AU$0.13

Price target increased to AU$16.87

Some Investors May Be Worried About Orica's (ASX:ORI) Returns On Capital

First half 2022 earnings released