O-I Glass, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in the Americas, Europe, and the Asia Pacific. More Details
Undervalued with reasonable growth potential.
Share Price & News
How has O-I Glass's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: OI's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: OI exceeded the US Packaging industry which returned 32.1% over the past year.
Return vs Market: OI exceeded the US Market which returned 33% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is O-I Glass's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs O-I Glass (NYSE:OI) Using Too Much Debt?
1 month ago | Simply Wall StShould You Investigate O-I Glass, Inc. (NYSE:OI) At US$14.26?
1 month ago | Simply Wall StShould We Be Delighted With O-I Glass, Inc.'s (NYSE:OI) ROE Of 45%?
Is O-I Glass 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: OI ($13.88) is trading below our estimate of fair value ($50.93)
Significantly Below Fair Value: OI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OI is good value based on its PE Ratio (6.8x) compared to the US Packaging industry average (19.2x).
PE vs Market: OI is good value based on its PE Ratio (6.8x) compared to the US market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: OI is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: OI is overvalued based on its PB Ratio (5.5x) compared to the US Packaging industry average (3.3x).
How is O-I Glass forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OI's forecast earnings growth (25.9% per year) is above the savings rate (2%).
Earnings vs Market: OI's earnings (25.9% per year) are forecast to grow faster than the US market (14.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: OI's revenue (2.3% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: OI's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OI's Return on Equity is forecast to be very high in 3 years time (78.1%).
How has O-I Glass performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OI has a large one-off gain of $110.0M impacting its June 30 2021 financial results.
Growing Profit Margin: OI became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: OI's earnings have declined by 25% per year over the past 5 years.
Accelerating Growth: OI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: OI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Packaging industry (41%).
Return on Equity
High ROE: Whilst OI's Return on Equity (68.33%) is outstanding, this metric is skewed due to their high level of debt.
How is O-I Glass's financial position?
Financial Position Analysis
Short Term Liabilities: OI's short term assets ($2.4B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: OI's short term assets ($2.4B) do not cover its long term liabilities ($6.7B).
Debt to Equity History and Analysis
Debt Level: OI's debt to equity ratio (987.5%) is considered high.
Reducing Debt: OI's debt to equity ratio has reduced from 1275.8% to 987.5% over the past 5 years.
Debt Coverage: OI's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: OI's interest payments on its debt are not well covered by EBIT (2.8x coverage).
What is O-I Glass's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if OI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: OI is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of OI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andres Lopez (58 yo)
Mr. Andres Alberto Lopez serves as the Chairman of the Board and Chief Executive Officer of Owens Illinois Group Inc. Mr. Lopez has been the Chief Executive Officer and President of O-I Glass, Inc. (former...
CEO Compensation Analysis
Compensation vs Market: Andres's total compensation ($USD8.78M) is above average for companies of similar size in the US market ($USD3.70M).
Compensation vs Earnings: Andres's compensation has been consistent with company performance over the past year.
Experienced Management: OI's management team is considered experienced (2.5 years average tenure).
Experienced Board: OI's board of directors are considered experienced (5.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
O-I Glass, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: O-I Glass, Inc.
- Ticker: OI
- Exchange: NYSE
- Founded: 1903
- Industry: Metal and Glass Containers
- Sector: Materials
- Market Cap: US$2.183b
- Shares outstanding: 157.28m
- Website: https://www.o-i.com
Number of Employees
- O-I Glass, Inc.
- One Michael Owens Way
- Plaza 2
- United States
O-I Glass, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in the Americas, Europe, and the Asia Pacific. The company produces glass con...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/22 00:09|
|End of Day Share Price||2021/09/21 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.