AMCOR PLC (AMC)
Share Price Analysis and Chart

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AMC - AMCOR PLC

FNArena Sector : Paper & Packaging
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 3.7
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Amcor manufactures flexible packaging and rigid plastics for the global food, beverage and pharmaceutical sector. Its primary listing is on the NY stock exchange. The shares are included in several international stock market indices. It first listed in 1969.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$15.60

04 Nov
2024

-0.410

OPEN

$15.66

-2.56%

HIGH

$15.66

2,071,951

LOW

$15.47

TARGET
$15.80 1.3% upside
OTHER COMPANIES IN THE SAME SECTOR
ORA . PGH . PPG . SES .
FNARENA'S MARKET CONSENSUS FORECASTS
AMC: 1
Title FY25
Forecast		 FY26
Forecast
EPS (cps) 109.9 xxx
DPS (cps) 76.9 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 14.1 xxx
Dividend Yield 4.9% xxx
Div Pay Ratio(%) 70.0% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 4.60%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.86

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 05/09 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx77.1
DPS All xxxxxxxxxxxxxxx76.8
Sales/Revenue xxxxxxxxxxxxxxx20,813.7 M
Book Value Per Share xxxxxxxxxxxxxxx402.4
Net Operating Cash Flow xxxxxxxxxxxxxxx2,015.9 M
Net Profit Margin xxxxxxxxxxxxxxx5.35 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx18.71 %
Return on Invested Capital xxxxxxxxxxxxxxx6.72 %
Return on Assets xxxxxxxxxxxxxxx4.43 %
Return on Equity xxxxxxxxxxxxxxx18.79 %
Return on Total Capital xxxxxxxxxxxxxxx12.10 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx163.3 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx314 M
Long Term Debt xxxxxxxxxxxxxxx10,618 M
Total Debt xxxxxxxxxxxxxxx10,932 M
Goodwill - Gross xxxxxxxxxxxxxxx8,003 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx880 M
Price To Book Value xxxxxxxxxxxxxxx3.70

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx750.8 M
Capex % of Sales xxxxxxxxxxxxxxx3.61 %
Cost of Goods Sold xxxxxxxxxxxxxxx16,674 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx2,085 M
Research & Development xxxxxxxxxxxxxxx162 M
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-0.1

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxxxx xx xxxxxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

04/11/2024

3

Equal-weight

$15.00

-3.85%

Amcor reported 3Q2024 results in line with consensus expectations, with Morgan Stanley noting lower depreciation/amortisation charges provided an earnings boost.

Volumes grew 2% across the portfolio, a 1% improvement from the previous quarter, though North American beverage and healthcare sectors lagged.

Management reiterated FY25 guidance, projecting 3%-8% EPS growth. Morgan Stanley observes net debt increased, with leverage rising to 3.5x, and Amcor aims to reduce this to 3x by the end of FY25, partly through the sale of its 50% stake in Bericap for US$122m.

The target price remains at $15.00, with an Equal-weight rating and an Industry view of "In Line."

FORECAST
Morgan Stanley forecasts a full year FY25 EPS of 105.60 cents.
Morgan Stanley forecasts a full year FY26 EPS of 111.63 cents.

Ord Minnett

xx/xx/xxxx

4

xxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

10/05/2024

3

Neutral

$14.80

-5.13%

Post a change in analyst coverage, Jarden considers the 3Q24 results and the uplift in the lower end of FY24 guidance as positive from Amcor.

The main drivers include better margins in the 3Q24 from plant restructuring, labour cost and procurement rationalistion, as well as falling raw material prices.

Interest costs also contributed to the improved guidance.

Although the analyst notes an improvement in both flexible and rigid volumes, the uncertainty around future demand places a break on the earnings upgrades and rating.

Jarden lifts the FY24 EPS and FY25 forecasts marginally by 4% and 0.3%, respectively.

Neutral rating unchanged and the target is raised to $14.80 from $14.40.

FORECAST
Jarden forecasts a full year FY25 dividend of 76.33 cents and EPS of 107.41 cents.
Access Extra Coverage Research History >

AMC STOCK CHART

FNArena News on AMC

1
Rudi’s View: US Earnings & The Election

Oct 31 2024 - Rudi's View
2
Rudi’s View: Earnings, Best Ideas & Favourite Stock Picks

Oct 24 2024 - Rudi's View
3
Rudi’s View: China Scepsis, Energy Preferences & The US Election

Oct 10 2024 - Rudi's View
4
Rudi’s View: Market Reflects Risk & Opportunities

Oct 09 2024 - Rudi's View
5
Rudi’s View: AGL, GPT, James Hardie, Qantas, Pilbara & Xero

Oct 03 2024 - Rudi's View

Latest Paper & Packaging News

1
The Drinks Are On Orora

Sep 09 2024 - Australia
2
Orora Awaiting The End Of Destocking

Apr 24 2024 - Australia
3
Destocking Remains Amcor’s Hobgoblin

Feb 08 2024 - Australia
4
Two Quality Stocks For When The Tide Goes Out

Jul 22 2022 - Australia
5
Orora Packing a Punch With Growth Initiatives

May 04 2022 - Australia
6
Despite Constraints, Amcor Remains Resilient

Nov 04 2021 - Australia
7
Will Cost Pressures Surface At Amcor?

May 06 2021 - Australia
8
Amcor Sets The Stage For Further M&A

Feb 04 2021 - Australia
9
Confidence Increases Around Amcor

Nov 09 2020 - Australia
10
Orora Surprises With Growth In North America

Oct 22 2020 - Australia