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a2 Milk ASX:A2M Stock Report

Last Price

AU$5.63

Market Cap

AU$4.1b

7D

-1.4%

1Y

31.5%

Updated

21 Dec, 2024

Data

Company Financials +

The a2 Milk Company Limited

ASX:A2M Stock Report

Market Cap: AU$4.1b

A2M Stock Overview

Sells A2 protein type branded milk and related products in Australia, New Zealand, China, rest of Asia, and the United States. More details

A2M fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance4/6
Financial Health5/6
Dividends0/6

Rewards

Trading at 71.6% below our estimate of its fair value

Earnings are forecast to grow 12.61% per year

Earnings grew by 7.7% over the past year

Risk Analysis

No risks detected for A2M from our risk checks.

My Notes

Capture your thoughts, links and company narrative

The a2 Milk Company Limited Competitors

Bega Cheese

ASX:BGA

AU$1.7b

Inghams Group

ASX:ING

AU$1.1b

Australian Agricultural

ASX:AAC

AU$849.9m

Cobram Estate Olives

ASX:CBO

AU$877.8m

Price History & Performance

Summary of share price highs, lows and changes for a2 Milk
Historical stock prices
Current Share PriceNZ$5.63
52 Week HighNZ$7.37
52 Week LowNZ$3.96
Beta0.12
1 Month Change17.05%
3 Month Change6.03%
1 Year Change31.54%
3 Year Change1.81%
5 Year Change-61.57%
Change since IPO896.46%

Recent News & Updates

Recent updates

Shareholder Returns

A2MAU FoodAU Market
7D-1.4%-0.6%-2.7%
1Y31.5%8.6%6.5%

Return vs Industry: A2M exceeded the Australian Food industry which returned 8.6% over the past year.

Return vs Market: A2M exceeded the Australian Market which returned 6.5% over the past year.

Price Volatility

Is A2M's price volatile compared to industry and market?
A2M volatility
A2M Average Weekly Movement6.2%
Food Industry Average Movement7.5%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.8%
10% least volatile stocks in AU Market3.1%

Stable Share Price: A2M has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: A2M's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000488David Bortolussiwww.thea2milkcompany.com

The a2 Milk Company Limited, together with its subsidiaries, sells A2 protein type branded milk and related products in Australia, New Zealand, China, rest of Asia, and the United States. The company also engages in the manufacturing and sale of nutritional and commodity products. It offers its products under the a2 Milk and a2 Platinum brands.

The a2 Milk Company Limited Fundamentals Summary

How do a2 Milk's earnings and revenue compare to its market cap?
A2M fundamental statistics
Market capAU$4.09b
Earnings (TTM)AU$151.64m
Revenue (TTM)AU$1.51b

27.0x

P/E Ratio

2.7x

P/S Ratio

Is A2M overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
A2M income statement (TTM)
RevenueNZ$1.67b
Cost of RevenueNZ$906.69m
Gross ProfitNZ$766.63m
Other ExpensesNZ$599.05m
EarningsNZ$167.58m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.23
Gross Margin45.81%
Net Profit Margin10.01%
Debt/Equity Ratio3.0%

How did A2M perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 23:25
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The a2 Milk Company Limited is covered by 21 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightBarclay Pearce Capital Pty Limited
Thomas KierathBarrenjoey Markets Pty Limited
Jonathan SnapeBell Potter