Orora Limited

ASX:ORA Stock Report

Market Cap: AU$3.4b

Orora Valuation

Is ORA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ORA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ORA (A$2.53) is trading above our estimate of fair value (A$1.16)

Significantly Below Fair Value: ORA is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ORA?

Key metric: As ORA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ORA. This is calculated by dividing ORA's market cap by their current earnings.
What is ORA's PE Ratio?
PE Ratio18.3x
EarningsAU$185.20m
Market CapAU$3.39b

Price to Earnings Ratio vs Peers

How does ORA's PE Ratio compare to its peers?

The above table shows the PE ratio for ORA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.6x
PGH Pact Group Holdings
73.7xn/aAU$275.4m
CIA Champion Iron
10.2x7.5%AU$2.8b
WGX Westgold Resources
27.5x35.2%AU$2.6b
PRU Perseus Mining
7.2x-8.6%AU$3.6b
ORA Orora
18.3x5.8%AU$3.4b

Price-To-Earnings vs Peers: ORA is good value based on its Price-To-Earnings Ratio (18.3x) compared to the peer average (29.6x).

Price to Earnings Ratio vs Industry

How does ORA's PE Ratio compare vs other companies in the Global Packaging Industry?

11 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ORA 18.3xIndustry Avg. 17.0xNo. of Companies45PE01224364860+
11 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ORA is expensive based on its Price-To-Earnings Ratio (18.3x) compared to the Global Packaging industry average (17x).

Price to Earnings Ratio vs Fair Ratio

What is ORA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ORA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.3x
Fair PE Ratio15.8x

Price-To-Earnings vs Fair Ratio: ORA is expensive based on its Price-To-Earnings Ratio (18.3x) compared to the estimated Fair Price-To-Earnings Ratio (15.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ORA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$2.53
AU$2.79
+10.5%
7.1%AU$3.11AU$2.45n/a10
Nov ’25AU$2.39
AU$2.80
+17.2%
6.8%AU$3.11AU$2.45n/a11
Oct ’25AU$2.69
AU$2.78
+3.2%
10.0%AU$3.44AU$2.45n/a11
Sep ’25AU$2.50
AU$2.65
+6.0%
10.9%AU$3.44AU$2.30n/a13
Aug ’25AU$2.06
AU$2.52
+22.4%
13.2%AU$3.44AU$2.15n/a14
Jul ’25AU$1.97
AU$2.64
+34.1%
12.8%AU$3.44AU$2.15n/a14
Jun ’25AU$2.05
AU$2.65
+29.2%
12.3%AU$3.44AU$2.20n/a14
May ’25AU$2.15
AU$2.65
+23.2%
12.3%AU$3.44AU$2.20n/a14
Apr ’25AU$2.72
AU$3.07
+12.7%
7.6%AU$3.44AU$2.70n/a14
Mar ’25AU$2.70
AU$3.07
+13.6%
7.6%AU$3.44AU$2.70n/a14
Feb ’25AU$2.78
AU$3.08
+10.6%
8.9%AU$3.50AU$2.70n/a13
Jan ’25AU$2.60
AU$3.18
+22.4%
11.8%AU$4.10AU$2.70n/a13
Dec ’24AU$2.56
AU$3.35
+30.9%
10.5%AU$4.10AU$2.70n/a13
Nov ’24AU$2.48
AU$3.43
+38.2%
9.1%AU$4.10AU$2.90AU$2.3913
Oct ’24AU$2.75
AU$3.49
+27.0%
9.0%AU$4.10AU$3.00AU$2.6912
Sep ’24AU$3.52
AU$3.87
+9.9%
5.5%AU$4.20AU$3.48AU$2.5013
Aug ’24AU$3.62
AU$3.60
-0.5%
5.5%AU$4.00AU$3.30AU$2.0614
Jul ’24AU$3.29
AU$3.59
+9.1%
5.5%AU$4.00AU$3.30AU$1.9714
Jun ’24AU$3.27
AU$3.60
+9.9%
5.2%AU$4.00AU$3.35AU$2.0514
May ’24AU$3.46
AU$3.58
+3.5%
6.1%AU$4.00AU$3.20AU$2.1513
Apr ’24AU$3.42
AU$3.58
+4.7%
6.1%AU$4.00AU$3.20AU$2.7213
Mar ’24AU$3.42
AU$3.56
+4.2%
6.2%AU$4.00AU$3.20AU$2.7014
Feb ’24AU$3.01
AU$3.59
+19.2%
5.7%AU$3.95AU$3.25AU$2.7814
Jan ’24AU$2.89
AU$3.60
+24.7%
5.8%AU$3.95AU$3.25AU$2.6014
Dec ’23AU$3.13
AU$3.65
+16.6%
6.7%AU$4.10AU$3.25AU$2.5613
Nov ’23AU$3.10
AU$3.68
+18.7%
6.4%AU$4.10AU$3.25AU$2.4813

Analyst Forecast: Target price is less than 20% higher than the current share price.

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