O-I GLASS INC (OI) Stock Fundamental Analysis
NYSE:OI - US67098H1041 - Common Stock
13.41 USD
+0.39 (+3%)
13.41 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to OI. OI was compared to 22 industry peers in the Containers & Packaging industry. OI may be in some trouble as it scores bad on both profitability and health. OI has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
OI had positive earnings in the past year.
In the past year OI had a positive cash flow from operations.
In multiple years OI reported negative net income over the last 5 years.
Each year in the past 5 years OI had a positive operating cash flow.
1.2 Ratios
OI has a worse Return On Assets (-2.78%) than 77.27% of its industry peers.
Looking at the Return On Equity, with a value of -20.63%, OI is doing worse than 77.27% of the companies in the same industry.
OI's Return On Invested Capital of 5.45% is in line compared to the rest of the industry. OI outperforms 45.45% of 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 7.55%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.78% | ||
| ROE | -20.63% | ||
| ROIC | 5.45% |
ROA(3y)1.39%
ROA(5y)1.73%
ROE(3y)8.33%
ROE(5y)25.9%
ROIC(3y)7.46%
ROIC(5y)6.8%
1.3 Margins
OI has a Operating Margin (7.67%) which is in line with its industry peers.
In the last couple of years the Operating Margin of OI has declined.
OI has a Gross Margin of 15.75%. This is amonst the worse of the industry: OI underperforms 81.82% of its industry peers.
OI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.67% | ||
| PM (TTM) | N/A | ||
| GM | 15.75% |
OM growth 3Y-4.51%
OM growth 5Y-4.6%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.66%
GM growth 5Y-2%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), OI is destroying value.
The number of shares outstanding for OI remains at a similar level compared to 1 year ago.
Compared to 5 years ago, OI has less shares outstanding
Compared to 1 year ago, OI has a worse debt to assets ratio.
2.2 Solvency
OI has an Altman-Z score of 1.21. This is a bad value and indicates that OI is not financially healthy and even has some risk of bankruptcy.
OI's Altman-Z score of 1.21 is on the low side compared to the rest of the industry. OI is outperformed by 77.27% of its industry peers.
OI has a debt to FCF ratio of 513.40. This is a negative value and a sign of low solvency as OI would need 513.40 years to pay back of all of its debts.
OI has a worse Debt to FCF ratio (513.40) than 68.18% of its industry peers.
A Debt/Equity ratio of 4.07 is on the high side and indicates that OI has dependencies on debt financing.
OI's Debt to Equity ratio of 4.07 is on the low side compared to the rest of the industry. OI is outperformed by 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.07 | ||
| Debt/FCF | 513.4 | ||
| Altman-Z | 1.21 |
ROIC/WACC0.67
WACC8.09%
2.3 Liquidity
OI has a Current Ratio of 1.24. This is a normal value and indicates that OI is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.24, OI is in line with its industry, outperforming 45.45% of the companies in the same industry.
A Quick Ratio of 0.77 indicates that OI may have some problems paying its short term obligations.
With a Quick ratio value of 0.77, OI perfoms like the industry average, outperforming 45.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.24 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
OI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -53.59%.
The earnings per share for OI have been decreasing by -18.61% on average. This is quite bad
OI shows a decrease in Revenue. In the last year, the revenue decreased by -3.36%.
The Revenue has been decreasing by -0.48% on average over the past years.
EPS 1Y (TTM)-53.59%
EPS 3Y-24.1%
EPS 5Y-18.61%
EPS Q2Q%20.45%
Revenue 1Y (TTM)-3.36%
Revenue growth 3Y0.9%
Revenue growth 5Y-0.48%
Sales Q2Q%-1.33%
3.2 Future
Based on estimates for the next years, OI will show a very strong growth in Earnings Per Share. The EPS will grow by 32.48% on average per year.
OI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.40% yearly.
EPS Next Y90.39%
EPS Next 2Y56.52%
EPS Next 3Y43.33%
EPS Next 5Y32.48%
Revenue Next Year-1.97%
Revenue Next 2Y-0.46%
Revenue Next 3Y0.56%
Revenue Next 5Y1.4%
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 accelerating.
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
Based on the Price/Earnings ratio of 15.96, the valuation of OI can be described as correct.
OI's Price/Earnings ratio is a bit cheaper when compared to the industry. OI is cheaper than 68.18% of the companies in the same industry.
OI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.24.
With a Price/Forward Earnings ratio of 6.84, the valuation of OI can be described as very cheap.
Based on the Price/Forward Earnings ratio, OI is valued cheaper than 100.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of OI to the average of the S&P500 Index (35.82), we can say OI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.96 | ||
| Fwd PE | 6.84 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OI is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, OI is valued a bit more expensive than the industry average as 63.64% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 206.61 | ||
| EV/EBITDA | 6.78 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as OI's earnings are expected to grow with 43.33% in the coming years.
PEG (NY)0.18
PEG (5Y)N/A
EPS Next 2Y56.52%
EPS Next 3Y43.33%
5. Dividend
5.1 Amount
No dividends for OI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
13.41
+0.39 (+3%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners100.64%
Inst Owner Change0.8%
Ins Owners1.28%
Ins Owner Change11.95%
Market Cap2.07B
Analysts76.67
Price Target16.89 (25.95%)
Short Float %4.62%
Short Ratio3.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)45.09%
Min EPS beat(2)25.69%
Max EPS beat(2)64.48%
EPS beat(4)3
Avg EPS beat(4)-19.16%
Min EPS beat(4)-200.22%
Max EPS beat(4)64.48%
EPS beat(8)6
Avg EPS beat(8)27.58%
EPS beat(12)10
Avg EPS beat(12)24.01%
EPS beat(16)14
Avg EPS beat(16)21.95%
Revenue beat(2)0
Avg Revenue beat(2)-2.67%
Min Revenue beat(2)-2.79%
Max Revenue beat(2)-2.55%
Revenue beat(4)0
Avg Revenue beat(4)-4.92%
Min Revenue beat(4)-7.39%
Max Revenue beat(4)-2.55%
Revenue beat(8)0
Avg Revenue beat(8)-5.02%
Revenue beat(12)2
Avg Revenue beat(12)-3.25%
Revenue beat(16)4
Avg Revenue beat(16)-2.23%
PT rev (1m)-4.49%
PT rev (3m)10.37%
EPS NQ rev (1m)5.82%
EPS NQ rev (3m)-10.44%
EPS NY rev (1m)5.79%
EPS NY rev (3m)7.72%
Revenue NQ rev (1m)-0.29%
Revenue NQ rev (3m)0.59%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.96 | ||
| Fwd PE | 6.84 | ||
| P/S | 0.32 | ||
| P/FCF | 206.61 | ||
| P/OCF | 4.19 | ||
| P/B | 1.67 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.78 |
EPS(TTM)0.84
EY6.26%
EPS(NY)1.96
Fwd EY14.61%
FCF(TTM)0.06
FCFY0.48%
OCF(TTM)3.2
OCFY23.86%
SpS42.07
BVpS8.02
TBVpS-2.77
PEG (NY)0.18
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.78% | ||
| ROE | -20.63% | ||
| ROCE | 7.02% | ||
| ROIC | 5.45% | ||
| ROICexc | 5.84% | ||
| ROICexgc | 7.76% | ||
| OM | 7.67% | ||
| PM (TTM) | N/A | ||
| GM | 15.75% | ||
| FCFM | 0.15% |
ROA(3y)1.39%
ROA(5y)1.73%
ROE(3y)8.33%
ROE(5y)25.9%
ROIC(3y)7.46%
ROIC(5y)6.8%
ROICexc(3y)8.45%
ROICexc(5y)7.63%
ROICexgc(3y)12.05%
ROICexgc(5y)11.18%
ROCE(3y)9.56%
ROCE(5y)8.69%
ROICexcg growth 3Y-5.11%
ROICexcg growth 5Y-3.18%
ROICexc growth 3Y-1.37%
ROICexc growth 5Y-1.27%
OM growth 3Y-4.51%
OM growth 5Y-4.6%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.66%
GM growth 5Y-2%
F-Score4
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.07 | ||
| Debt/FCF | 513.4 | ||
| Debt/EBITDA | 5.18 | ||
| Cap/Depr | 101.9% | ||
| Cap/Sales | 7.45% | ||
| Interest Coverage | 1.49 | ||
| Cash Conversion | 50.77% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.24 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z | 1.21 |
F-Score4
WACC8.09%
ROIC/WACC0.67
Cap/Depr(3y)129.37%
Cap/Depr(5y)108.64%
Cap/Sales(3y)9%
Cap/Sales(5y)7.67%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-53.59%
EPS 3Y-24.1%
EPS 5Y-18.61%
EPS Q2Q%20.45%
EPS Next Y90.39%
EPS Next 2Y56.52%
EPS Next 3Y43.33%
EPS Next 5Y32.48%
Revenue 1Y (TTM)-3.36%
Revenue growth 3Y0.9%
Revenue growth 5Y-0.48%
Sales Q2Q%-1.33%
Revenue Next Year-1.97%
Revenue Next 2Y-0.46%
Revenue Next 3Y0.56%
Revenue Next 5Y1.4%
EBIT growth 1Y-22.34%
EBIT growth 3Y-3.65%
EBIT growth 5Y-5.06%
EBIT Next Year102.94%
EBIT Next 3Y33.49%
EBIT Next 5Y26.64%
FCF growth 1Y102.1%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y273.49%
OCF growth 3Y-10.58%
OCF growth 5Y3.84%