O-I Glass Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: OI ($16.19) is trading below our estimate of fair value ($47.3)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

OI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1x
Enterprise Value/EBITDA5.5x
PEG Ration/a

Price to Sales Ratio vs Peers

How does OI's PS Ratio compare to its peers?

The above table shows the PS ratio for OI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.8x
AMBP Ardagh Metal Packaging
0.4x3.1%US$2.0b
GEF Greif
0.6x5.5%US$3.2b
SLGN Silgan Holdings
0.8x2.5%US$5.0b
TRS TriMas
1.2x5.2%US$1.1b
OI O-I Glass
0.4x1.8%US$2.5b

Price-To-Sales vs Peers: OI is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (0.8x).


Price to Earnings Ratio vs Industry

How does OI's PE Ratio compare vs other companies in the US Packaging Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a16.0%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a16.0%
n/an/an/a
No more companies

Price-To-Sales vs Industry: OI is good value based on its Price-To-Sales Ratio (0.4x) compared to the US Packaging industry average (0.8x).


Price to Sales Ratio vs Fair Ratio

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

OI PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.4x
Fair PS Ratio0.9x

Price-To-Sales vs Fair Ratio: OI is good value based on its Price-To-Sales Ratio (0.4x) compared to the estimated Fair Price-To-Sales Ratio (0.9x).


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 OI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$16.59
US$21.90
+32.0%
17.3%US$28.00US$16.00n/a10
Mar ’25US$17.21
US$21.90
+27.3%
17.3%US$28.00US$16.00n/a10
Feb ’25US$14.93
US$22.00
+47.4%
19.2%US$28.00US$15.00n/a10
Jan ’25US$16.38
US$21.22
+29.6%
20.0%US$28.00US$15.00n/a9
Dec ’24US$15.49
US$21.22
+37.0%
20.0%US$28.00US$15.00n/a9
Nov ’24US$14.63
US$24.00
+64.0%
19.6%US$32.00US$18.00n/a9
Oct ’24US$16.73
US$26.67
+59.4%
16.2%US$32.00US$19.00n/a9
Sep ’24US$20.28
US$26.10
+28.7%
17.0%US$32.00US$19.00n/a10
Aug ’24US$22.43
US$27.20
+21.3%
19.2%US$37.00US$19.00n/a10
Jul ’24US$21.33
US$27.27
+27.9%
19.0%US$37.00US$19.00n/a11
Jun ’24US$20.84
US$27.27
+30.9%
19.0%US$37.00US$19.00n/a11
May ’24US$22.47
US$27.00
+20.2%
19.9%US$37.00US$19.00n/a10
Apr ’24US$22.71
US$24.80
+9.2%
16.7%US$34.00US$18.00n/a10
Mar ’24US$22.30
US$24.80
+11.2%
16.7%US$34.00US$18.00US$17.2110
Feb ’24US$21.63
US$20.45
-5.4%
21.0%US$27.00US$13.00US$14.9311
Jan ’24US$16.57
US$16.75
+1.1%
19.7%US$24.00US$12.00US$16.3812
Dec ’23US$16.31
US$16.67
+2.2%
19.5%US$24.00US$12.00US$15.4912
Nov ’23US$16.44
US$15.83
-3.7%
21.7%US$24.00US$12.00US$14.6312
Oct ’23US$12.95
US$15.83
+22.3%
21.7%US$24.00US$12.00US$16.7312
Sep ’23US$12.96
US$15.83
+22.2%
21.7%US$24.00US$12.00US$20.2812
Aug ’23US$14.82
US$15.83
+6.8%
21.7%US$24.00US$12.00US$22.4312
Jul ’23US$14.25
US$16.50
+15.8%
19.4%US$24.00US$12.00US$21.3312
Jun ’23US$16.90
US$15.92
-5.8%
19.3%US$24.00US$12.00US$20.8412
May ’23US$13.48
US$15.50
+15.0%
19.1%US$24.00US$12.00US$22.4712
Apr ’23US$13.23
US$16.04
+21.3%
17.3%US$24.00US$12.50US$22.7112
Mar ’23US$11.81
US$15.96
+35.1%
17.5%US$24.00US$12.50US$22.3012

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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