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The a2 Milk Company Limited Stock Price

NZSE:ATM Community·NZ$6.4b Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 66 Fair Values set on narratives written by author

ATM Share Price Performance

NZ$8.77
-0.03 (-0.34%)
NZ$9.38
Fair Value
NZ$8.77
-0.03 (-0.34%)
6.5% undervalued intrinsic discount
NZ$9.38
Fair Value
Price NZ$8.77
AnalystConsensusTarget NZ$9.38
AnalystHighTarget NZ$10.88
AnalystLowTarget NZ$9.20

ATM Community Narratives

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Fair Value NZ$9.38 6.5% undervalued intrinsic discount

Supply Constraints And Costs Will Pressure Earnings But Profit Margins Are Set To Improve

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Fair Value NZ$10.88 19.4% undervalued intrinsic discount

China Expansion And Vertical Integration Will Drive Strong Long Term Upside Potential

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Fair Value NZ$9.2 4.7% undervalued intrinsic discount

China Demographics And Rising Competition Will Pressure Long-Term Dairy Earnings

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NZ$9.2
4.7% undervalued intrinsic discount
Revenue
5.61% p.a.
Profit Margin
10.81%
Future PE
31.74x
Price in 2029
NZ$11.39
NZ$10.88
19.4% undervalued intrinsic discount
Revenue
8.79% p.a.
Profit Margin
12.48%
Future PE
29.74x
Price in 2029
NZ$13.47
NZ$9.38
6.5% undervalued intrinsic discount
Revenue
5.92% p.a.
Profit Margin
12.71%
Future PE
27.27x
Price in 2029
NZ$11.61

Trending Discussion

No trending discussion available.

Updated Narratives

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ATM: Higher Guidance And Special Dividend Will Offset Recall Uncertainty

Fair Value: NZ$9.2 4.7% undervalued intrinsic discount
2 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
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ATM: Recall Management And 2026 Guidance Will Support Bullish Re-Rating

Fair Value: NZ$10.88 19.4% undervalued intrinsic discount
1 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
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ATM: Recall And Settlement Progress Will Shape Outlook For Business Transition

Fair Value: NZ$9.38 6.5% undervalued intrinsic discount
25 users have set this as their fair value
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Snowflake Analysis

Flawless balance sheet with moderate growth potential.

1 Risk
3 Rewards

The a2 Milk Company Limited Key Details

NZ$2.1b

Revenue

NZ$1.1b

Cost of Revenue

NZ$943.0m

Gross Profit

NZ$735.7m

Other Expenses

NZ$207.3m

Earnings

Last Reported Earnings
Dec 31, 2025
Next Reporting Earnings
Aug 16, 2026
0.29
45.86%
10.08%
0%
View Full Analysis

About ATM

Founded
2000
Employees
511
CEO
David Bortolussi
WebsiteView website
www.thea2milkcompany.com

The a2 Milk Company Limited, together with its subsidiaries, sells A2-type protein type branded milk and related products in Australia, New Zealand, China, rest of Asia, and the United States. The company offers infant milk formula; other nutritional products and milk; manufactures and sells nutritional and ingredients products, as well as provides rent, royalty, and licensing services. It offers its products under the a2 Milk and a2 Platinum brands. The company was formerly known as A2 Corporation Limited and changed its name to The a2 Milk Company Limited in April 2014. The a2 Milk Company Limited was incorporated in 2000 and is based in Auckland, New Zealand.

Recent ATM News & Updates

Narrative Update Jul 24

ATM: Higher Guidance And Special Dividend Will Offset Recall Uncertainty

The analyst fair value estimate for a2 Milk has been revised from NZ$8.00 to NZ$9.20, with analysts citing a higher long-term P/E assumption and recent Street research highlighting the business transition to what is viewed as a more robust model following the pullback in the share price. What’s in the News for a2 Milk a2 Milk raised its fiscal 2026 earnings guidance and is expecting revenue of approximately $1.97b based on preliminary unaudited results.

Recent updates

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