Orora Limited

ASX:ORA Stock Report

Market Cap: AU$3.2b

Orora Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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$2.38) is trading above our estimate of fair value (A$1.33)

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 Ratio17.2x
EarningsAU$185.20m
Market CapAU$3.19b

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 Average31.4x
PGH Pact Group Holdings
74.7xn/aAU$278.9m
CIA Champion Iron
10.4x12.8%AU$2.9b
WGX Westgold Resources
28.8x35.3%AU$2.7b
RMS Ramelius Resources
11.5x-4.2%AU$2.5b
ORA Orora
17.2x4.7%AU$3.2b

Price-To-Earnings vs Peers: ORA is good value based on its Price-To-Earnings Ratio (17.2x) compared to the peer average (31.4x).

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 17.2xIndustry Avg. 17.7xNo. of Companies41PE01224364860+
11 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ORA is good value based on its Price-To-Earnings Ratio (17.2x) compared to the Global Packaging industry average (17.7x).

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 Ratio17.2x
Fair PE Ratio15.2x

Price-To-Earnings vs Fair Ratio: ORA is expensive based on its Price-To-Earnings Ratio (17.2x) compared to the estimated Fair Price-To-Earnings Ratio (15.2x).

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$2.38
AU$2.77
+16.3%
6.8%AU$3.11AU$2.45n/a11
Dec ’25AU$2.43
AU$2.79
+15.0%
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$2.70AU$2.4313
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

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 18:11
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

Orora Limited is covered by 23 analysts. 9 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
Brook Campbell-CrawfordBarrenjoey Markets Pty Limited
Benjamin BrayshawBarrenjoey Markets Pty Limited