O-I GLASS INC (OI)
US67098H1041 - Common Stock
OI gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 23 industry peers in the Containers & Packaging industry. OI has a bad profitability rating. Also its financial health evaluation is rather negative. OI is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
OI had positive earnings in the past year.
OI had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: OI reported negative net income in multiple years.
OI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -3.11%, OI is doing worse than 86.96% of the companies in the same industry.
OI has a worse Return On Equity (-19.29%) than 82.61% of its industry peers.
OI has a Return On Invested Capital (6.97%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for OI is in line with the industry average of 7.89%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.11% | ||
| ROE | -19.29% | ||
| ROIC | 6.97% |
ROA(3y)2.36%
ROA(5y)1.14%
ROE(3y)18.5%
ROE(5y)10.74%
ROIC(3y)7.56%
ROIC(5y)6.94%
1.3 Margins
OI's Operating Margin of 9.54% is in line compared to the rest of the industry. OI outperforms 52.17% of its industry peers.
OI's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 18.13%, OI is not doing good in the industry: 82.61% of the companies in the same industry are doing better.
OI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.54% | ||
| PM (TTM) | N/A | ||
| GM | 18.13% |
OM growth 3Y16.05%
OM growth 5Y2.13%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y9.68%
GM growth 5Y2.37%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so OI is still creating some value.
The number of shares outstanding for OI has been reduced compared to 1 year ago.
Compared to 5 years ago, OI has less shares outstanding
The debt/assets ratio for OI has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.31, we must say that OI is in the distress zone and has some risk of bankruptcy.
OI has a Altman-Z score of 1.31. This is in the lower half of the industry: OI underperforms 78.26% of its industry peers.
A Debt/Equity ratio of 3.19 is on the high side and indicates that OI has dependencies on debt financing.
OI's Debt to Equity ratio of 3.19 is on the low side compared to the rest of the industry. OI is outperformed by 82.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.19 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.31 |
ROIC/WACC1.12
WACC6.22%
2.3 Liquidity
OI has a Current Ratio of 1.26. This is a normal value and indicates that OI is financially healthy and should not expect problems in meeting its short term obligations.
OI has a Current ratio of 1.26. This is in the lower half of the industry: OI underperforms 60.87% of its industry peers.
A Quick Ratio of 0.75 indicates that OI may have some problems paying its short term obligations.
With a Quick ratio value of 0.75, OI is not doing good in the industry: 60.87% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
The earnings per share for OI have decreased strongly by -43.08% in the last year.
The Earnings Per Share has been growing slightly by 2.58% on average over the past years.
The Revenue has decreased by -5.64% in the past year.
The Revenue has been growing slightly by 0.65% on average over the past years.
EPS 1Y (TTM)-43.08%
EPS 3Y35.94%
EPS 5Y2.58%
EPS Q2Q%-50%
Revenue 1Y (TTM)-5.64%
Revenue growth 3Y5.27%
Revenue growth 5Y0.65%
Sales Q2Q%-8.52%
3.2 Future
Based on estimates for the next years, OI will show a decrease in Earnings Per Share. The EPS will decrease by -1.65% on average per year.
OI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.39% yearly.
EPS Next Y-61.79%
EPS Next 2Y-20.17%
EPS Next 3Y-8.6%
EPS Next 5Y-1.65%
Revenue Next Year-4.55%
Revenue Next 2Y-0.84%
Revenue Next 3Y0.01%
Revenue Next 5Y0.39%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.14, the valuation of OI can be described as very cheap.
Based on the Price/Earnings ratio, OI is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
OI is valuated cheaply when we compare the Price/Earnings ratio to 30.57, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 6.56, the valuation of OI can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OI indicates a rather cheap valuation: OI is cheaper than 100.00% of the companies listed in the same industry.
OI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.04.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.14 | ||
| Fwd PE | 6.56 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OI is valued cheaper than 95.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.6 |
4.3 Compensation for Growth
A cheap valuation may be justified as OI's earnings are expected to decrease with -8.60% in the coming years.
PEG (NY)N/A
PEG (5Y)2.76
EPS Next 2Y-20.17%
EPS Next 3Y-8.6%
5. Dividend
5.1 Amount
No dividends for OI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
O-I GLASS INC
NYSE:OI (9/17/2024, 4:10:02 PM)
After market: 12.92 0 (0%)12.92
0 (0%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.01B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.14 | ||
| Fwd PE | 6.56 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)2.76
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.11% | ||
| ROE | -19.29% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 9.54% | ||
| PM (TTM) | N/A | ||
| GM | 18.13% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.72
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.19 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-43.08%
EPS 3Y35.94%
EPS 5Y
EPS Q2Q%
EPS Next Y-61.79%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-5.64%
Revenue growth 3Y5.27%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y