NYSE:AMCR

Stock Analysis Report

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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


Snowflake Analysis

Solid track record with adequate balance sheet and pays a dividend.


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: AMCR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: AMCR's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

0.5%

AMCR

1.5%

US Packaging

-0.7%

US Market


1 Year Return

19.2%

AMCR

33.6%

US Packaging

36.6%

US Market

Return vs Industry: AMCR underperformed the US Packaging industry which returned 33.6% over the past year.

Return vs Market: AMCR underperformed the US Market which returned 36.6% over the past year.


Shareholder returns

AMCRIndustryMarket
7 Day0.5%1.5%-0.7%
30 Day4.5%5.7%4.3%
90 Day-0.3%3.3%8.1%
1 Year24.3%19.2%36.2%33.6%39.6%36.6%
3 Yearn/a34.3%24.6%53.5%43.7%
5 Yearn/a108.4%84.5%123.7%98.8%

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

No news available

Valuation

Is Amcor undervalued compared to its fair value and its price relative to the market?

28.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AMCR ($11.43) is trading below our estimate of fair value ($15.97)

Significantly Below Fair Value: AMCR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: AMCR is good value based on its PE Ratio (22.8x) compared to the US Packaging industry average (26.4x).

PE vs Market: AMCR is poor value based on its PE Ratio (22.8x) compared to the US market (21.4x).


Price to Earnings Growth Ratio

PEG Ratio: AMCR is poor value based on its PEG Ratio (2.8x)


Price to Book Ratio

PB vs Industry: AMCR is overvalued based on its PB Ratio (3.7x) compared to the US Packaging industry average (3.1x).


Next Steps

Future Growth

How is Amcor forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

8.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMCR's forecast earnings growth (8.3% per year) is above the savings rate (2%).

Earnings vs Market: AMCR's earnings (8.3% per year) are forecast to grow slower than the US market (19.8% per year).

High Growth Earnings: AMCR's earnings are forecast to grow, but not significantly.

Revenue vs Market: AMCR's revenue (1.7% per year) is forecast to grow slower than the US market (10.3% per year).

High Growth Revenue: AMCR'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: AMCR's Return on Equity is forecast to be high in 3 years time (24.6%)


Next Steps

Past Performance

How has Amcor performed over the past 5 years?

9.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMCR has high quality earnings.

Growing Profit Margin: AMCR's current net profit margins (6.2%) are higher than last year (4.1%).


Past Earnings Growth Analysis

Earnings Trend: AMCR's earnings have grown by 9.4% per year over the past 5 years.

Accelerating Growth: AMCR's earnings growth over the past year (71.4%) exceeds its 5-year average (9.4% per year).

Earnings vs Industry: AMCR earnings growth over the past year (71.4%) exceeded the Packaging industry -4%.


Return on Equity

High ROE: AMCR's Return on Equity (16.1%) is considered low.


Next Steps

Financial Health

How is Amcor's financial position?


Financial Position Analysis

Short Term Liabilities: AMCR's short term assets ($4.7B) exceed its short term liabilities ($3.7B).

Long Term Liabilities: AMCR's short term assets ($4.7B) do not cover its long term liabilities ($8.2B).


Debt to Equity History and Analysis

Debt Level: AMCR's debt to equity ratio (132%) is considered high.

Reducing Debt: AMCR's debt to equity ratio has reduced from 331.2% to 132% over the past 5 years.

Debt Coverage: AMCR's debt is well covered by operating cash flow (23.2%).

Interest Coverage: AMCR's interest payments on its debt are well covered by EBIT (8.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Amcor current dividend yield, its reliability and sustainability?

4.16%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AMCR's dividend (4.16%) is higher than the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: AMCR's dividend (4.16%) is in the top 25% of dividend payers in the US market (3.72%)


Stability and Growth of Payments

Stable Dividend: AMCR's dividend payments have been volatile in the past 10 years.

Growing Dividend: AMCR's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (94.1%), AMCR's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: AMCR'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?

4.3yrs

Average management tenure


CEO

Ron Delia (49 yo)

5.92yrs

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 ($USD15.17M) is above average for companies of similar size in the US market ($USD10.48M).

Compensation vs Earnings: Ron's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Ronald Delia
MD, CEO & Executive Director5.92yrsUS$15.17m0.075%
$ 13.1m
Michael John Casamento
Executive VP of Finance & CFO5.5yrsUS$6.69m0.022%
$ 3.9m
Ian Wilson
Executive Vice President of Strategy & Development21.17yrsUS$5.51m0.034%
$ 5.9m
Peter Konieczny
President of Flexibles Europeno dataUS$7.52m0.034%
$ 6.0m
Eric Roegner
President of Rigid Packaging3.17yrsUS$5.11m0.0046%
$ 807.7k
Jerry Krempa
VP & Chief Accounting Officer2.17yrsno datano data
Tracey Whitehead
Head of Investor Relations4.33yrsno datano data
Sheri Edison
Executive VP & General Counsel1.75yrsno data0.053%
$ 9.3m
Ernesto Duran
Head of Global Communicationsno datano datano data
Steve Keogh
Executive Vice President of Human Resourcesno dataUS$1.10mno data
Jerzy Czubak
President of Amcor Specialty Cartons5.67yrsUS$915.89kno data
Michael Schmitt
Executive Vice President2.33yrsUS$1.74m0.017%
$ 2.9m

4.3yrs

Average Tenure

56.5yo

Average Age

Experienced Management: AMCR's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ronald Delia
MD, CEO & Executive Director5.92yrsUS$15.17m0.075%
$ 13.1m
Philip Weaver
Independent Non-Executive Director1.75yrsUS$7.39k0.026%
$ 4.5m
Susan Carter
Independent Non-Executive Director0.17yrno datano data
David Szczupak
Independent Non-Executive Director1.75yrsUS$269.20k0.012%
$ 2.1m
Armin Meyer
Independent Deputy Chairman of the Board7.25yrsUS$325.07k0.0032%
$ 564.1k
Arun Nayar
Independent Non-Executive Director1.75yrsUS$281.32k0.0064%
$ 1.1m
Jeremy Sutcliffe
Independent Non-Executive Director11.42yrsUS$260.64k0.0041%
$ 718.3k
Graeme Liebelt
Independent Non-Executive Chairman7.25yrsUS$507.93k0.0060%
$ 1.1m
Nicholas Long
Independent Non-Executive Director3.75yrsUS$271.24k0.00026%
$ 45.6k
Chew Chan
Chairman of AMVIG14.92yrsUS$904.19kno data
Karen Guerra
Independent Non-Executive Director10.92yrsUS$261.08k0.0030%
$ 527.4k
Andrea Bertone
Independent Non-Executive Director1.33yrsUS$219.09kno data

5.0yrs

Average Tenure

64yo

Average Age

Experienced Board: AMCR'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.


Recent Insider Transactions

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: AMCR
  • Exchange: NYSE
  • Founded: NaN
  • Industry: Paper Packaging
  • Sector: Materials
  • Market Cap: AU$22.422b
  • Listing Market Cap: AU$17.520b
  • Shares outstanding: 1.55b
  • Website: https://www.amcor.com

Number of Employees


Location

  • Amcor plc
  • Thurgauerstrasse 34
  • Zurich
  • Zurich
  • 8050
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMCASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1992
485BDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
AXZABST (Boerse-Stuttgart)YesOrdinary SharesDEEURJan 1992
AMCCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 1992
AMCR.YOTCUS (Other "Grey Market" OTC)ADR NEWUSUSDJan 1993
AMCRNYSE (New York Stock Exchange)Ordinary SharesUSUSDJun 2019
485DB (Deutsche Boerse AG)Ordinary SharesDEEURJun 2019
AMCR NBMV (Bolsa Mexicana de Valores)Ordinary SharesMXMXNJun 2019
A1CR34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH REPR 1 COM NPVBRBRLOct 2020

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/03 00:19
End of Day Share Price2021/03/02 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.