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.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$3.13|
|52 Week High||AU$2.43|
|52 Week Low||AU$3.73|
|1 Month Change||-4.28%|
|3 Month Change||-8.21%|
|1 Year Change||22.75%|
|3 Year Change||-25.03%|
|5 Year Change||-16.25%|
|Change since IPO||105.25%|
Recent News & Updates
Orora Limited's (ASX:ORA) Intrinsic Value Is Potentially 64% Above Its Share Price
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Orora Limited...
Orora (ASX:ORA) Will Pay A Larger Dividend Than Last Year At AU$0.075
Orora Limited ( ASX:ORA ) will increase its dividend on the 11th of October to AU$0.075. This takes the dividend yield...
An Intrinsic Calculation For Orora Limited (ASX:ORA) Suggests It's 26% Undervalued
Does the June share price for Orora Limited ( ASX:ORA ) reflect what it's really worth? Today, we will estimate the...
|ORA||AU Packaging||AU Market|
Return vs Industry: ORA exceeded the Australian Packaging industry which returned 21.5% over the past year.
Return vs Market: ORA exceeded the Australian Market which returned 20.2% over the past year.
Stable Share Price: ORA is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ORA's weekly volatility (3%) has been stable over the past year.
About the Company
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. It operates through Orora Australasia and Orora North America segments. The company 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 Fundamentals Summary
|ORA fundamental statistics|
Is ORA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ORA income statement (TTM)|
|Cost of Revenue||AU$2.86b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.15|
|Net Profit Margin||3.67%|
How did ORA perform over the long term?See historical performance and comparison
4.5%Current Dividend Yield
Is Orora undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ORA (A$3.13) is trading below our estimate of fair value (A$6.04)
Significantly Below Fair Value: ORA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ORA is poor value based on its PE Ratio (21.1x) compared to the Global Packaging industry average (15.3x).
PE vs Market: ORA is poor value based on its PE Ratio (21.1x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: ORA is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: ORA is overvalued based on its PB Ratio (3.6x) compared to the XX Packaging industry average (1.5x).
How is Orora forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ORA's forecast earnings growth (12.2% per year) is above the savings rate (1.9%).
Earnings vs Market: ORA's earnings (12.2% per year) are forecast to grow faster than the Australian market (11.8% per year).
High Growth Earnings: ORA's earnings are forecast to grow, but not significantly.
Revenue vs Market: ORA's revenue (2.4% per year) is forecast to grow slower than the Australian market (5.4% per year).
High Growth Revenue: ORA's revenue (2.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ORA's Return on Equity is forecast to be high in 3 years time (22%)
How has Orora performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ORA has high quality earnings.
Growing Profit Margin: ORA's current net profit margins (3.7%) are higher than last year (0.7%).
Past Earnings Growth Analysis
Earnings Trend: ORA's earnings have declined by 19.4% per year over the past 5 years.
Accelerating Growth: ORA's earnings growth over the past year (387.6%) exceeds its 5-year average (-19.4% per year).
Earnings vs Industry: ORA earnings growth over the past year (387.6%) exceeded the Packaging industry 27.1%.
Return on Equity
High ROE: ORA's Return on Equity (16.9%) is considered low.
How is Orora's financial position?
Financial Position Analysis
Short Term Liabilities: ORA's short term assets (A$980.8M) exceed its short term liabilities (A$806.3M).
Long Term Liabilities: ORA's short term assets (A$980.8M) exceed its long term liabilities (A$749.7M).
Debt to Equity History and Analysis
Debt Level: ORA's debt to equity ratio (65.5%) is considered high.
Reducing Debt: ORA's debt to equity ratio has increased from 46.5% to 65.5% over the past 5 years.
Debt Coverage: ORA's debt is well covered by operating cash flow (53.8%).
Interest Coverage: ORA's interest payments on its debt are well covered by EBIT (8.6x coverage).
What is Orora current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ORA's dividend (4.47%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: ORA's dividend (4.47%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).
Stability and Growth of Payments
Stable Dividend: ORA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ORA's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (100.2%), ORA's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ORA's dividends in 3 years are forecast to be covered by earnings (78.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Brian Phillip Lowe, MBA, serves as Managing Director, Chief Executive Officer and Director at Orora Limited since October 1, 2019. Mr. Lowe served as Group General Manager of Fibre at Orora Limited sin...
CEO Compensation Analysis
Compensation vs Market: Brian's total compensation ($USD1.74M) is about average for companies of similar size in the Australian market ($USD1.41M).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
Experienced Management: ORA's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Experienced Board: ORA's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Orora Limited's employee growth, exchange listings and data sources
- Name: Orora Limited
- Ticker: ORA
- Exchange: ASX
- Founded: 1949
- Industry: Metal and Glass Containers
- Sector: Materials
- Market Cap: AU$2.742b
- Shares outstanding: 876.03m
- Website: https://www.ororagroup.com
Number of Employees
- Orora Limited
- 109-133 Burwood Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 07:04|
|End of Day Share Price||2021/10/15 00:00|
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.