Orora (ASX:ORA) - Stock Price, News & Analysis

ORA Stock Overview

ORA fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	2/6
Financial Health	4/6
Dividends	3/6

Rewards

Trading at 72% below our estimate of its fair value

Earnings are forecast to grow 13.24% per year

Analysts in good agreement that stock price will rise by 33.2%

Risk Analysis

Has a high level of debt

Dividend of 7.11% is not well covered by cash flows

Shareholders have been diluted in the past year

Orora Limited Competitors

CSR

ASX:CSR

AU$2.8b

Nickel Industries

ASX:NIC

AU$3.1b

Brickworks

ASX:BKW

AU$3.8b

Iluka Resources

ASX:ILU

AU$2.9b

Price History & Performance

Summary of all time highs, changes and price drops for Orora
Historical stock prices
Current Share Price	AU$2.53
52 Week High	AU$3.93
52 Week Low	AU$2.42
Beta	0.50
1 Month Change	0.80%
3 Month Change	-28.13%
1 Year Change	-18.91%
3 Year Change	-5.24%
5 Year Change	-39.76%
Change since IPO	65.90%

Recent updates

Orora (ASX:ORA) Is Increasing Its Dividend To A$0.09

Aug 24

Orora Limited's (ASX:ORA) Intrinsic Value Is Potentially 92% Above Its Share Price

Jun 22

These 4 Measures Indicate That Orora (ASX:ORA) Is Using Debt Reasonably Well

Mar 31

Orora (ASX:ORA) Is Increasing Its Dividend To A$0.085

Feb 20

Orora Limited's (ASX:ORA) Intrinsic Value Is Potentially 95% Above Its Share Price

Dec 13

Orora Limited's (ASX:ORA) Intrinsic Value Is Potentially 64% Above Its Share Price

Sep 22

Orora (ASX:ORA) Will Pay A Larger Dividend Than Last Year At AU$0.075

Aug 24

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

Jun 02

Does Orora (ASX:ORA) Have A Healthy Balance Sheet?

Mar 10

Are Investors Undervaluing Orora Limited (ASX:ORA) By 25%?

Feb 22

Does Orora Limited (ASX:ORA) Have A Place In Your Dividend Stock Portfolio?

Feb 08

Here's Why Orora's (ASX:ORA) Statutory Earnings Are Arguably Too Conservative

Jan 21

Orora Limited's (ASX:ORA) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?

Jan 03

Orora (ASX:ORA) Shareholders Received A Total Return Of Negative 12% In The Last Three Years

Dec 15

What Kind Of Investors Own Most Of Orora Limited (ASX:ORA)?

Nov 30

Read This Before Selling Orora Limited (ASX:ORA) Shares

Aug 09

Is There An Opportunity With Orora Limited's (ASX:ORA) 48% Undervaluation?

Aug 09

Shareholder Returns

	ORA	AU Packaging	AU Market
7D	0%	0.1%	-1.1%
1Y	-18.9%	-1.8%	-3.6%

Return vs Industry: ORA underperformed the Australian Packaging industry which returned -1.8% over the past year.

Return vs Market: ORA underperformed the Australian Market which returned -3.6% over the past year.

Price Volatility

Is ORA's price volatile compared to industry and market?
ORA volatility
ORA Average Weekly Movement	6.0%
Packaging Industry Average Movement	4.5%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.6%
10% least volatile stocks in AU Market	3.1%

Stable Share Price: ORA is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.

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

About the Company

Founded	Employees	CEO	Website
1949	4,657	Brian Lowe	https://www.ororagroup.com

Orora Limited designs, manufactures, and supplies packaging products and services to the grocery, fast moving consumer goods, and industrial markets in Australia, New Zealand, the United States, and internationally. The company operates through Orora Australasia and Orora North America segments. It also provides glass bottles, aluminum cans, tabs, and ends, closures and caps, boxes and cartons, point-of-purchase displays, packaging equipment, rigid and flexible packaging, and general packaging materials and supplies.

Orora Limited Fundamentals Summary

How do Orora's earnings and revenue compare to its market cap?
ORA fundamental statistics
Market Cap	AU$3.09b
Earnings (TTM)	AU$184.80m
Revenue (TTM)	AU$4.29b

17.1x

P/E Ratio

0.7x

P/S Ratio

Is ORA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ORA income statement (TTM)
Revenue	AU$4.29b
Cost of Revenue	AU$3.49b
Gross Profit	AU$799.80m
Other Expenses	AU$615.00m
Earnings	AU$184.80m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.15
Gross Margin	18.64%
Net Profit Margin	4.31%
Debt/Equity Ratio	104.0%

How did ORA perform over the long term?

See historical performance and comparison

Dividends

7.1%

Current Dividend Yield

80%

Payout Ratio

ORA Stock Overview

Rewards

Risk Analysis

Orora Limited Competitors

ASX:CSR

AU$2.8b

ASX:NIC

AU$3.1b

ASX:BKW

AU$3.8b

ASX:ILU

AU$2.9b

Price History & Performance

Recent News & Updates

Consensus revenue estimates increase by 14%, EPS downgraded

Investor sentiment deteriorates as stock falls 24%

Orora Limited (ASX : ORA) entered into arrangements for the acquisition of Saverglass SAS from The Carlyle Group Inc. and others for an enterprise value of AUD 2.2 billion.

Orora Limited (ASX:ORA) agreed to acquire Olympe SAS for €1.3 billion.

Price target decreased by 7.3% to AU$3.59

Orora Limited (ASX:ORA) agreed to acquire Saverglass SAS for €1.2 billion.

Recent updates

Consensus revenue estimates increase by 14%, EPS downgraded

Investor sentiment deteriorates as stock falls 24%

Orora Limited (ASX : ORA) entered into arrangements for the acquisition of Saverglass SAS from The Carlyle Group Inc. and others for an enterprise value of AUD 2.2 billion.

Orora Limited (ASX:ORA) agreed to acquire Olympe SAS for €1.3 billion.

Price target decreased by 7.3% to AU$3.59

Orora Limited (ASX:ORA) agreed to acquire Saverglass SAS for €1.2 billion.

Orora Confirms Talks to Buy Saverglass

Rothschild Reportedly on Board for Glass Sell-Off to Orora

Upcoming dividend of AU$0.09 per share at 5.1% yield

Orora (ASX:ORA) Is Increasing Its Dividend To A$0.09

Orora Limited, Annual General Meeting, Oct 19, 2023

Orora Limited Declares Final Dividend for the Year Ended 30 June 2023, Payable on 9 October 2023

Full year 2023 earnings: EPS and revenues miss analyst expectations

Orora Limited to Report Fiscal Year 2023 Results on Aug 17, 2023

Orora Limited's (ASX:ORA) Intrinsic Value Is Potentially 92% Above Its Share Price

CEO, MD & Director recently sold AU$333k worth of stock

These 4 Measures Indicate That Orora (ASX:ORA) Is Using Debt Reasonably Well

Upcoming dividend of AU$0.085 per share at 4.9% yield

Orora (ASX:ORA) Is Increasing Its Dividend To A$0.085

Orora Limited Provides Group Earnings Guidance for the Fiscal Year 2023

First half 2023 earnings: Revenues exceed analyst expectations

Orora Limited to Report First Half, 2023 Results on Feb 16, 2023

Orora Limited's (ASX:ORA) Intrinsic Value Is Potentially 95% Above Its Share Price

Does Orora (ASX:ORA) Have A Healthy Balance Sheet?

Orora Limited Announces Ordinary Fully Paid Dividend for the Six Months Ended June 30, 2022, Payable on October 10, 2022

If EPS Growth Is Important To You, Orora (ASX:ORA) Presents An Opportunity

Upcoming dividend of AU$0.085 per share

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Orora Limited Announces Final Ordinary Dividend for the Six Months Ended June 30, 2022, Payable on 10 October 2022

Orora Limited, Annual General Meeting, Oct 20, 2022

Orora Limited to Report Fiscal Year 2022 Results on Aug 18, 2022

Does Orora (ASX:ORA) Have A Healthy Balance Sheet?

Is Orora Limited (ASX:ORA) Trading At A 50% Discount?

Price target increased to AU$3.84

Upcoming dividend of AU$0.08 per share

Orora Limited Announces the Appointment of Michael Fraser as a Non-Executive Director, Effective 1 April 2022

Orora (ASX:ORA) Is Increasing Its Dividend To AU$0.08

Price target increased to AU$3.73

First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Orora Limited Announces Distribution for the Six Months Ended December 31, 2021, Payable on March 30, 2022

Orora Limited to Report First Half, 2022 Results on Feb 16, 2022

Is Orora Limited (ASX:ORA) Trading At A 44% Discount?

Here's Why Orora (ASX:ORA) Can Manage Its Debt Responsibly

Orora Limited's (ASX:ORA) Intrinsic Value Is Potentially 64% Above Its Share Price

Upcoming dividend of AU$0.075 per share

Orora (ASX:ORA) Will Pay A Larger Dividend Than Last Year At AU$0.075

Full year 2021 earnings released: EPS AU$0.14 (vs AU$0.029 in FY 2020)

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

CEO, MD & Director recently sold AU$503k worth of stock

Executive Officer has left the company

Does Orora (ASX:ORA) Have A Healthy Balance Sheet?

Are Investors Undervaluing Orora Limited (ASX:ORA) By 25%?

Price target raised to AU$3.01

First half 2021 earnings released: EPS AU$0.089 (vs AU$0.08 in 1H 2020)

Revenue and earnings beat expectations

New 90-day high: AU$2.85

Does Orora Limited (ASX:ORA) Have A Place In Your Dividend Stock Portfolio?

New 90-day low: AU$2.46

Here's Why Orora's (ASX:ORA) Statutory Earnings Are Arguably Too Conservative