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: 1.63
Index: 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

$2.14

26 Feb
2026

-0.200

OPEN

$2.26

-8.55%

HIGH

$2.30

3,833,987

LOW

$2.10

TARGET
$2.29 7.0% upside
OTHER COMPANIES IN THE SAME SECTOR
AMC . PPG .
FNARENA'S MARKET CONSENSUS FORECASTS
ORA: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 10.8 13.2 xxx
DPS (cps) xxx 10.0 10.3 xxx
EPS Growth xxx - 27.4% 22.4% xxx
DPS Growth xxx 0.0% 3.0% xxx
PE Ratio xxx N/A 16.2 xxx
Dividend Yield xxx N/A 4.8% xxx
Div Pay Ratio(%) xxx 92.9% 78.2% xxx

Dividend yield today if purchased 3 years ago: 2.83%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.67

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: 29/08 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx10.8
DPS All xxxxxxxxxxxxxxx10.0
Sales/Revenue xxxxxxxxxxxxxxx2,090.2 M
Book Value Per Share xxxxxxxxxxxxxxx226.3
Net Operating Cash Flow xxxxxxxxxxxxxxx372.7 M
Net Profit Margin xxxxxxxxxxxxxxx3.17 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx2.65 %
Return on Invested Capital xxxxxxxxxxxxxxx1.67 %
Return on Assets xxxxxxxxxxxxxxx1.20 %
Return on Equity xxxxxxxxxxxxxxx2.65 %
Return on Total Capital xxxxxxxxxxxxxxx6.02 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-26.7 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 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx28 M
Long Term Debt xxxxxxxxxxxxxxx625 M
Total Debt xxxxxxxxxxxxxxx653 M
Goodwill - Gross xxxxxxxxxxxxxxx767 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx257 M
Price To Book Value xxxxxxxxxxxxxxx0.84

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx266.6 M
Capex % of Sales xxxxxxxxxxxxxxx12.75 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,609 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx239 M
Research & Development xxxxxxxxxxxxxxx-
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

0.2

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Citi

13/02/2026

3

Neutral

$2.30

7.48%

After Citi's initial assessment yesterday (see summary below), the broker retains its Neutral rating, noting the environment remains uncertain. The analyst is also cautious around the potential impacts of oral GLP-1’s. Target $2.30.

From yesterday:

On first glance, Citi notes a slight 1H26 beat from Orora with earnings (EBIT) around 2% above consensus but boosted by D&A, with earnings (EBITDA) coming in line with expectations.

Can revenue in 1H26 rose 11%, a beat above consensus, with volumes up 11% and a pass through of a 3% aluminium price rise alongside an organic price increase of 4%. Commentary infers no growth in 2H26, the analyst remarks.

Saverglass earnings (EBIT) met expectations with guidance maintained. Overall, Citi highlights guidance stayed the same across segments but flags more detail is needed from the management call.

FORECAST
Citi forecasts a full year FY26 dividend of 10.20 cents and EPS of 13.40 cents.
Citi forecasts a full year FY27 dividend of 10.40 cents and EPS of 14.90 cents.

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
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

17/02/2026

1

Buy

$2.60

21.50%

Orora delivered a first half result that was better than Jarden feared. Volume growth has returned with an improved performance in Saverglass amid a tough industry backdrop.

Sustained volume strength and price/mix realisation was also observed in cans.

The broker suspects the market needs more evidence the volume and earnings performance has improved for Saverglass, but suspects this might miss the signal that a trough has occurred in the first half.

Buy rating and $2.60 target maintained. The next catalyst is expected to be a trading update in May.

FORECAST
Jarden forecasts a full year FY26 dividend of 10.10 cents and EPS of 13.40 cents.
Jarden forecasts a full year FY27 dividend of 12.50 cents and EPS of 16.70 cents.
Access Extra Coverage Research History >

ORA STOCK CHART

FNArena News on ORA

1
Rudi’s View: Positives From February Results

Feb 26 2026 - Rudi's View
2
Rudi’s View: More Surprises, Led By CBA & BHP

Feb 19 2026 - Rudi's View
3
Australian Broker Call *Extra* Edition – Feb 17, 2026

Feb 17 2026 - Daily Market Reports
4
FNArena Corporate Results Monitor – 13-02-2026

Feb 13 2026 - Australia
5
Australian Broker Call *Extra* Edition – Jan 27, 2026

Jan 27 2026 - 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