ORORA LIMITED (ORA)
Share Price Analysis and Chart

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ORA

ORA - ORORA LIMITED

FNArena Sector : Paper & Packaging
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 4.26
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Orora is an Australian manufacturer of flexible and rigid packaging and visual communication solutions with operations in Australia, Asia and North America. It listed in 2013 following a de-merger from Amcor.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.835

02 May
2025

-0.005

OPEN

$1.83

-0.27%

HIGH

$1.85

1,370,526

LOW

$1.82

TARGET
$2.435 32.7% upside
OTHER COMPANIES IN THE SAME SECTOR
AMC . PGH . PPG .
FNARENA'S MARKET CONSENSUS FORECASTS
ORA: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 14.8 11.9 xxx
DPS (cps) xxx 10.0 9.3 xxx
EPS Growth xxx - 27.6% - 19.9% xxx
DPS Growth xxx - 38.8% - 7.4% xxx
PE Ratio xxx N/A 15.5 xxx
Dividend Yield xxx N/A 5.0% xxx
Div Pay Ratio(%) xxx 67.4% 77.9% xxx

Dividend yield today if purchased 3 years ago: 2.54%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.43

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: 30/08 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx14.8
DPS All xxxxxxxxxxxxxxx10.0
Sales/Revenue xxxxxxxxxxxxxxx4,697.6 M
Book Value Per Share xxxxxxxxxxxxxxx156.2
Net Operating Cash Flow xxxxxxxxxxxxxxx387.6 M
Net Profit Margin xxxxxxxxxxxxxxx3.94 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx12.81 %
Return on Invested Capital xxxxxxxxxxxxxxx6.11 %
Return on Assets xxxxxxxxxxxxxxx4.09 %
Return on Equity xxxxxxxxxxxxxxx12.81 %
Return on Total Capital xxxxxxxxxxxxxxx11.13 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-16.1 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 xxxxxxxxxxxxxxx105 M
Long Term Debt xxxxxxxxxxxxxxx2,313 M
Total Debt xxxxxxxxxxxxxxx2,418 M
Goodwill - Gross xxxxxxxxxxxxxxx1,131 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx275 M
Price To Book Value xxxxxxxxxxxxxxx1.26

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx260.8 M
Capex % of Sales xxxxxxxxxxxxxxx5.55 %
Cost of Goods Sold xxxxxxxxxxxxxxx3,782 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx561 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx24 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

0.3

No. Of Recommendations

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

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

17/02/2025

3

Hold

$2.40

30.79%

The Australian glass business was singled out as a factor for the lower-than-expected 1H25 earnings report from Orora, Ord Minnett notes, with the weakness largely in wine and beer bottles.

Management is addressing the ongoing decline in commercial wine and beer volumes by shuttering Furnace 3 at Gawler.

Saverglass performed relatively well, although the broker highlights that Orora paid too much for it. Positively, the analyst notes volumes in the last three months of 2Q25 started to improve.

The broker lowers EPS forecasts by -20% in FY25 and -8% in FY26.

No change to Hold rating. Target price slips to $2.40 from $2.60.

Citi

xx/xx/xxxx

3

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

2

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

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Goldman Sachs

06/03/2025

3

Neutral

$2.40

30.79%

Goldman Sachs adjusts its FY25 estimates for Orora to remove the first half OPS contribution from underlying earnings and treat this as a significant item. The business was divested in December.

As a result, underlying net profit estimates decline by -29% but there is no change to statutory forecasts. The broker retains a Neutral rating and $2.40 target.

FORECAST
Goldman Sachs forecasts a full year FY25 EPS of 12.00 cents.
Goldman Sachs forecasts a full year FY26 EPS of 15.00 cents.
Access Extra Coverage Research History >

ORA STOCK CHART

FNArena News on ORA

1
Rudi’s View: Mag7 Dominance & Profit Warnings

May 01 2025 - Rudi's View
2
Australian Broker Call *Extra* Edition – Apr 01, 2025

Apr 01 2025 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Mar 06, 2025

Mar 06 2025 - Daily Market Reports
4
In Case You Missed It – BC Extra Upgrades & Downgrades – 21-02-25

Feb 21 2025 - Weekly Reports
5
Australian Broker Call *Extra* Edition – Feb 20, 2025

Feb 20 2025 - Daily Market Reports

Latest Paper & Packaging News

1
Amcor Confident In Berry On Top

Feb 07 2025 - Australia
2
The Drinks Are On Orora

Sep 09 2024 - Australia
3
Orora Awaiting The End Of Destocking

Apr 24 2024 - Australia
4
Destocking Remains Amcor’s Hobgoblin

Feb 08 2024 - Australia
5
Two Quality Stocks For When The Tide Goes Out

Jul 22 2022 - Australia
6
Orora Packing a Punch With Growth Initiatives

May 04 2022 - Australia
7
Despite Constraints, Amcor Remains Resilient

Nov 04 2021 - Australia
8
Will Cost Pressures Surface At Amcor?

May 06 2021 - Australia
9
Amcor Sets The Stage For Further M&A

Feb 04 2021 - Australia
10
Confidence Increases Around Amcor

Nov 09 2020 - Australia