Executive Summary
Amcor plc develops, manufactures, and sells various packaging products for food, beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with adequate balance sheet.
Similar Companies
Share Price & News
How has Amcor's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AMC is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: AMC's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-0.4%
AMC
-0.4%
AU Packaging
1.2%
AU Market
1 Year Return
11.5%
AMC
42.6%
AU Packaging
33.9%
AU Market
Return vs Industry: AMC underperformed the Australian Packaging industry which returned 42.6% over the past year.
Return vs Market: AMC underperformed the Australian Market which returned 33.9% over the past year.
Shareholder returns
| AMC | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.4% | -0.4% | 1.2% |
| 30 Day | 2.1% | 1.8% | 2.9% |
| 90 Day | 4.4% | 4.3% | 4.2% |
| 1 Year | 16.4%11.5% | 45.9%42.6% | 38.0%33.9% |
| 3 Year | 25.0%9.4% | 32.4%22.4% | 35.1%18.8% |
| 5 Year | 21.1%-1.4% | 55.3%36.7% | 65.6%33.2% |
Long-Term Price Volatility Vs. Market
How volatile is Amcor's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Is Amcor plc (ASX:AMC) Trading At A 25% Discount?2 weeks ago | Simply Wall St
Amcor (ASX:AMC) Has A Pretty Healthy Balance Sheet1 month ago | Simply Wall St
Did You Miss Amcor's (ASX:AMC) 20% Share Price Gain?Valuation
Is Amcor undervalued compared to its fair value and its price relative to the market?
25.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AMC (A$15.34) is trading below our estimate of fair value (A$20.51)
Significantly Below Fair Value: AMC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AMC is poor value based on its PE Ratio (23.7x) compared to the XX Packaging industry average (16.5x).
PE vs Market: AMC is poor value based on its PE Ratio (23.7x) compared to the Australian market (20.8x).
Price to Earnings Growth Ratio
PEG Ratio: AMC is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: AMC is overvalued based on its PB Ratio (3.8x) compared to the XX Packaging industry average (1.3x).
Future Growth
How is Amcor forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
10.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AMC's forecast earnings growth (10.1% per year) is above the savings rate (2%).
Earnings vs Market: AMC's earnings (10.1% per year) are forecast to grow slower than the Australian market (15.3% per year).
High Growth Earnings: AMC's earnings are forecast to grow, but not significantly.
Revenue vs Market: AMC's revenue (1.7% per year) is forecast to grow slower than the Australian market (5.7% per year).
High Growth Revenue: AMC's revenue (1.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AMC's Return on Equity is forecast to be high in 3 years time (24.6%)
Past Performance
How has Amcor performed over the past 5 years?
9.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AMC has high quality earnings.
Growing Profit Margin: AMC's current net profit margins (6.2%) are higher than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: AMC's earnings have grown by 9.4% per year over the past 5 years.
Accelerating Growth: AMC's earnings growth over the past year (71.4%) exceeds its 5-year average (9.4% per year).
Earnings vs Industry: AMC earnings growth over the past year (71.4%) exceeded the Packaging industry 10.6%.
Return on Equity
High ROE: AMC's Return on Equity (16.1%) is considered low.
Financial Health
How is Amcor's financial position?
Financial Position Analysis
Short Term Liabilities: AMC's short term assets ($4.7B) exceed its short term liabilities ($3.7B).
Long Term Liabilities: AMC's short term assets ($4.7B) do not cover its long term liabilities ($8.2B).
Debt to Equity History and Analysis
Debt Level: AMC's debt to equity ratio (132%) is considered high.
Reducing Debt: AMC's debt to equity ratio has reduced from 331.2% to 132% over the past 5 years.
Debt Coverage: AMC's debt is well covered by operating cash flow (23.2%).
Interest Coverage: AMC's interest payments on its debt are well covered by EBIT (8.5x coverage).
Balance Sheet
Dividend
What is Amcor current dividend yield, its reliability and sustainability?
4.01%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AMC's dividend (4.02%) is higher than the bottom 25% of dividend payers in the Australian market (2%).
High Dividend: AMC's dividend (4.02%) is low compared to the top 25% of dividend payers in the Australian market (5.37%).
Stability and Growth of Payments
Stable Dividend: AMC's dividend payments have been volatile in the past 10 years.
Growing Dividend: AMC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (94.1%), AMC's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AMC's dividends in 3 years are forecast to be covered by earnings (63.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.4yrs
Average management tenure
CEO
Ron Delia (49 yo)
6yrs
Tenure
US$15,165,839
Compensation
Mr. Ronald Stephen Delia, also known as Ron, BSc (Marketing), MBA serves as Chief Executive Officer and Managing Director of Amcor PLC (formerly, Amcor Limited) since April 17, 2015. Mr. Delia joined Amcor...
CEO Compensation Analysis
Compensation vs Market: Ron's total compensation ($USD15.17M) is above average for companies of similar size in the Australian market ($USD3.43M).
Compensation vs Earnings: Ron's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: AMC's management team is considered experienced (4.4 years average tenure).
Board Members
Experienced Board: AMC's board of directors are considered experienced (5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Amcor plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Amcor plc
- Ticker: AMC
- Exchange: ASX
- Founded: NaN
- Industry: Paper Packaging
- Sector: Materials
- Market Cap: AU$23.670b
- Shares outstanding: 1.54b
- Website: https://www.amcor.com
Number of Employees
Location
- Amcor plc
- Thurgauerstrasse 34
- Zurich
- Zurich
- 8050
- Switzerland
Listings
Biography
Amcor plc develops, manufactures, and sells various packaging products for food, beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries worldwide. It operates ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/14 08:05 |
| End of Day Share Price | 2021/04/14 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.