O-I GLASS INC (OI)
US67098H1041 - Common Stock
Taking everything into account, OI scores 4 out of 10 in our fundamental rating. OI was compared to 23 industry peers in the Containers & Packaging industry. OI has a medium profitability rating, but doesn't score so well on its financial health evaluation. OI has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year OI was profitable.
OI had a positive operating cash flow in the past year.
In multiple years OI reported negative net income over the last 5 years.
OI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
OI's Return On Assets of -1.07% is on the low side compared to the rest of the industry. OI is outperformed by 73.91% of its industry peers.
With a Return On Equity value of -5.91%, OI is not doing good in the industry: 78.26% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 9.12%, OI is in the better half of the industry, outperforming 65.22% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for OI is in line with the industry average of 8.25%.
The last Return On Invested Capital (9.12%) for OI is above the 3 year average (7.59%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.07% | ||
| ROE | -5.91% | ||
| ROIC | 9.12% |
ROA(3y)2.36%
ROA(5y)1.14%
ROE(3y)18.67%
ROE(5y)10.84%
ROIC(3y)7.59%
ROIC(5y)6.95%
1.3 Margins
With an excellent Operating Margin value of 11.89%, OI belongs to the best of the industry, outperforming 82.61% of the companies in the same industry.
OI's Operating Margin has improved in the last couple of years.
OI has a Gross Margin (21.04%) which is comparable to the rest of the industry.
OI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.89% | ||
| PM (TTM) | N/A | ||
| GM | 21.04% |
OM growth 3Y15.87%
OM growth 5Y2.03%
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 remains at a similar level compared to 1 year ago.
OI has less shares outstanding than it did 5 years ago.
The debt/assets ratio for OI has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of OI is 38.05, which is on the high side as it means it would take OI, 38.05 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 38.05, OI is not doing good in the industry: 86.96% of the companies in the same industry are doing better.
A Debt/Equity ratio of 2.69 is on the high side and indicates that OI has dependencies on debt financing.
OI has a Debt to Equity ratio of 2.69. This is in the lower half of the industry: OI underperforms 78.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.69 | ||
| Debt/FCF | 38.05 | ||
| Altman-Z | N/A |
ROIC/WACC1.32
WACC6.9%
2.3 Liquidity
A Current Ratio of 1.23 indicates that OI should not have too much problems paying its short term obligations.
With a Current ratio value of 1.23, OI is not doing good in the industry: 65.22% of the companies in the same industry are doing better.
OI has a Quick Ratio of 1.23. This is a bad value and indicates that OI is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.77, 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 | 1.23 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
OI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 34.35%, which is quite impressive.
The Earnings Per Share has been growing slightly by 2.58% on average over the past years.
The Revenue has been growing slightly by 3.63% in the past year.
OI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.65% yearly.
EPS 1Y (TTM)34.35%
EPS 3Y35.94%
EPS 5Y2.58%
EPS growth Q2Q-68.42%
Revenue 1Y (TTM)3.63%
Revenue growth 3Y5.27%
Revenue growth 5Y0.65%
Revenue growth Q2Q-3.07%
3.2 Future
Based on estimates for the next years, OI will show a small growth in Earnings Per Share. The EPS will grow by 1.15% on average per year.
OI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.87% yearly.
EPS Next Y-19.79%
EPS Next 2Y-4.6%
EPS Next 3Y0.6%
EPS Next 5Y1.15%
Revenue Next Year1%
Revenue Next 2Y1.71%
Revenue Next 3Y1.69%
Revenue Next 5Y1.87%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 4.99, which indicates a rather cheap valuation of OI.
OI's Price/Earnings ratio is rather cheap when compared to the industry. OI is cheaper than 100.00% of the companies in the same industry.
OI is valuated cheaply when we compare the Price/Earnings ratio to 24.80, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 6.22, the valuation of OI can be described as very cheap.
Based on the Price/Forward Earnings ratio, OI is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 21.27. OI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.99 | ||
| Fwd PE | 6.22 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of OI indicates a rather cheap valuation: OI is cheaper than 95.65% of the companies listed in the same industry.
OI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.23 | ||
| EV/EBITDA | 4.78 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.93
EPS Next 2Y-4.6%
EPS Next 3Y0.6%
5. Dividend
5.1 Amount
OI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
O-I GLASS INC
NYSE:OI (4/18/2024, 7:12:07 PM)
After market: 15.42 0 (0%)15.42
+0.33 (+2.19%)
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 Cap2.37B
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 | 4.99 | ||
| Fwd PE | 6.22 | ||
| 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)1.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.07% | ||
| ROE | -5.91% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 11.89% | ||
| PM (TTM) | N/A | ||
| GM | 21.04% | ||
| 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 Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.69 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.23 | ||
| Quick Ratio | 0.77 | ||
| 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)
Growth
EPS 1Y (TTM)34.35%
EPS 3Y35.94%
EPS 5Y
EPS growth Q2Q
EPS Next Y-19.79%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)3.63%
Revenue growth 3Y5.27%
Revenue growth 5Y
Revenue growth 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