ORORA LIMITED (ORA)
Share Price Analysis and Chart

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ORA - ORORA LIMITED

FNArena Sector : Paper & Packaging
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 2.58
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

$2.08

16 Apr
2024

-0.060

OPEN

$2.11

-2.80%

HIGH

$2.13

8,646,821

LOW

$2.06

TARGET
$2.734 31.4% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
AMC . PGH . PPG . SES .
FNARENA'S MARKET CONSENSUS FORECASTS
ORA: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx N/A 16.9 xxx
DPS (cps) xxx N/A 10.5 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 12.3 xxx
Dividend Yield xxx N/A 5.1% xxx
Div Pay Ratio(%) xxx N/A 62.2% xxx

Dividend yield today if purchased 3 years ago: 5.21%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

7.86

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: 05/03 - ex-div 5c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx20.5
DPS All xxxxxxxxxxxxxxx16.4
Sales/Revenue xxxxxxxxxxxxxxx4,291.3 M
Book Value Per Share xxxxxxxxxxxxxxx88.8
Net Operating Cash Flow xxxxxxxxxxxxxxx250.3 M
Net Profit Margin xxxxxxxxxxxxxxx4.31 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx24.13 %
Return on Invested Capital xxxxxxxxxxxxxxx11.52 %
Return on Assets xxxxxxxxxxxxxxx6.51 %
Return on Equity xxxxxxxxxxxxxxx24.13 %
Return on Total Capital xxxxxxxxxxxxxxx16.44 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-82.8 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx204 M
Long Term Debt xxxxxxxxxxxxxxx856 M
Total Debt xxxxxxxxxxxxxxx1,060 M
Goodwill - Gross xxxxxxxxxxxxxxx484 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx58 M
Price To Book Value xxxxxxxxxxxxxxx3.46

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx189.7 M
Capex % of Sales xxxxxxxxxxxxxxx4.42 %
Cost of Goods Sold xxxxxxxxxxxxxxx3,492 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx512 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx9 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

0.6

No. Of Recommendations

5
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

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Citi

03/04/2024

1

Buy

$2.86

37.50%

While Citi lowers earnings (EBIT) forecasts for Orora by -8-14% across FY24-FY26 following a trading update including profit warning, the Buy rating is kept in anticipation of materially higher earnings/share price in 12-18 months time.

The target is reduced to $2.86 from $3.16.

The analyst notes FY24 Legacy EBIT guidance (ex Saverglass) of $307-317m is around -6% lower (at the midpoint) than the $333m expected by consensus. 

The broker cautiously suggests this should be the last downgrade by management due to an increasing amount of industry data showing sequential improvement/stabilisation in conditions for both paper and glass.

FORECAST
Citi forecasts a full year FY24 dividend of 9.90 cents and EPS of 15.70 cents.
Citi forecasts a full year FY25 dividend of 12.20 cents and EPS of 16.30 cents.

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

ORA STOCK CHART