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O-I GLASS INC (OI) Stock Fundamental Analysis

NYSE:OI - New York Stock Exchange, Inc. - US67098H1041 - Common Stock - Currency: USD

11.88  +0.32 (+2.77%)

After market: 11.88 0 (0%)

Fundamental Rating

3

Taking everything into account, OI scores 3 out of 10 in our fundamental rating. OI was compared to 24 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 on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

3

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.
The reported net income has been mixed in the past 5 years: OI reported negative net income in multiple years.
Each year in the past 5 years OI had a positive operating cash flow.
OI Yearly Net Income VS EBIT VS OCF VS FCFOI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 200M -200M 400M 600M 800M

1.2 Ratios

With a Return On Assets value of -4.49%, OI is not doing good in the industry: 86.96% of the companies in the same industry are doing better.
OI's Return On Equity of -31.23% is on the low side compared to the rest of the industry. OI is outperformed by 91.30% of its industry peers.
The Return On Invested Capital of OI (5.73%) is worse than 69.57% of its industry peers.
The Average Return On Invested Capital over the past 3 years for OI is in line with the industry average of 7.70%.
Industry RankSector Rank
ROA -4.49%
ROE -31.23%
ROIC 5.73%
ROA(3y)2.36%
ROA(5y)1.14%
ROE(3y)18.5%
ROE(5y)10.74%
ROIC(3y)7.56%
ROIC(5y)6.94%
OI Yearly ROA, ROE, ROICOI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 50 -50

1.3 Margins

OI has a Operating Margin of 7.92%. This is in the lower half of the industry: OI underperforms 69.57% of its industry peers.
OI's Operating Margin has improved in the last couple of years.
OI has a Gross Margin of 16.06%. This is amonst the worse of the industry: OI underperforms 91.30% of its industry peers.
In the last couple of years the Gross Margin of OI has grown nicely.
Industry RankSector Rank
OM 7.92%
PM (TTM) N/A
GM 16.06%
OM growth 3Y16.05%
OM growth 5Y2.13%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y9.68%
GM growth 5Y2.37%
OI Yearly Profit, Operating, Gross MarginsOI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 5 -5 10 15 20

2

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), OI is creating some value.
OI has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, OI has less shares outstanding
Compared to 1 year ago, OI has an improved debt to assets ratio.
OI Yearly Shares OutstandingOI Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M
OI Yearly Total Debt VS Total AssetsOI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2B 4B 6B 8B

2.2 Solvency

Based on the Altman-Z score of 1.22, we must say that OI is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.22, OI is not doing good in the industry: 82.61% of the companies in the same industry are doing better.
OI has a Debt/Equity ratio of 3.63. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 3.63, OI is doing worse than 86.96% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 3.63
Debt/FCF N/A
Altman-Z 1.22
ROIC/WACC0.85
WACC6.7%
OI Yearly LT Debt VS Equity VS FCFOI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 1B 2B 3B 4B 5B

2.3 Liquidity

OI has a Current Ratio of 1.23. This is a normal value and indicates that OI is financially healthy and should not expect problems in meeting its short term obligations.
OI's Current ratio of 1.23 is on the low side compared to the rest of the industry. OI is outperformed by 69.57% of its industry peers.
A Quick Ratio of 0.77 indicates that OI may have some problems paying its short term obligations.
OI has a worse Quick ratio (0.77) than 73.91% of its industry peers.
Industry RankSector Rank
Current Ratio 1.23
Quick Ratio 0.77
OI Yearly Current Assets VS Current LiabilitesOI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B 2B 2.5B

2

3. Growth

3.1 Past

OI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -71.04%.
OI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.58% yearly.
OI shows a decrease in Revenue. In the last year, the revenue decreased by -7.20%.
The Revenue has been growing slightly by 0.65% on average over the past years.
EPS 1Y (TTM)-71.04%
EPS 3Y35.94%
EPS 5Y2.58%
EPS Q2Q%-105%
Revenue 1Y (TTM)-7.2%
Revenue growth 3Y5.27%
Revenue growth 5Y0.65%
Sales Q2Q%-3.67%

3.2 Future

The Earnings Per Share is expected to decrease by -0.47% on average over the next years.
Based on estimates for the next years, OI will show a small growth in Revenue. The Revenue will grow by 0.49% on average per year.
EPS Next Y-73.79%
EPS Next 2Y-29.48%
EPS Next 3Y-13.37%
EPS Next 5Y-0.47%
Revenue Next Year-7.05%
Revenue Next 2Y-3.8%
Revenue Next 3Y-2.05%
Revenue Next 5Y0.49%

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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
OI Yearly Revenue VS EstimatesOI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2B 4B 6B
OI Yearly EPS VS EstimatesOI Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3

5

4. Valuation

4.1 Price/Earnings Ratio

OI is valuated correctly with a Price/Earnings ratio of 12.25.
OI's Price/Earnings ratio is a bit cheaper when compared to the industry. OI is cheaper than 78.26% of the companies in the same industry.
OI's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.51.
With a Price/Forward Earnings ratio of 7.73, 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.
OI is valuated cheaply when we compare the Price/Forward Earnings ratio to 93.88, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 12.25
Fwd PE 7.73
OI Price Earnings VS Forward Price EarningsOI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

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 100.00% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 6
OI Per share dataOI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

OI's earnings are expected to decrease with -13.37% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)4.74
EPS Next 2Y-29.48%
EPS Next 3Y-13.37%

0

5. Dividend

5.1 Amount

OI does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

O-I GLASS INC

NYSE:OI (1/30/2025, 4:42:31 PM)

After market: 11.88 0 (0%)

11.88

+0.32 (+2.77%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)10-29 2024-10-29/amc
Earnings (Next)02-04 2025-02-04/amc
Inst Owners96.22%
Inst Owner Change0.51%
Ins Owners0.96%
Ins Owner Change0.83%
Market Cap1.84B
Analysts78.89
Price Target15.3 (28.79%)
Short Float %4.13%
Short Ratio4.18
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0.05
Dividend Growth(5Y)-18.27%
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-100.84%
Min EPS beat(2)-200.22%
Max EPS beat(2)-1.47%
EPS beat(4)2
Avg EPS beat(4)21.45%
Min EPS beat(4)-200.22%
Max EPS beat(4)274.49%
EPS beat(8)6
Avg EPS beat(8)20.33%
EPS beat(12)10
Avg EPS beat(12)18.23%
EPS beat(16)14
Avg EPS beat(16)16.75%
Revenue beat(2)0
Avg Revenue beat(2)-6.46%
Min Revenue beat(2)-7.39%
Max Revenue beat(2)-5.52%
Revenue beat(4)0
Avg Revenue beat(4)-5.95%
Min Revenue beat(4)-8.87%
Max Revenue beat(4)-2.03%
Revenue beat(8)2
Avg Revenue beat(8)-3.13%
Revenue beat(12)4
Avg Revenue beat(12)-1.64%
Revenue beat(16)5
Avg Revenue beat(16)-1.38%
PT rev (1m)0%
PT rev (3m)-6.25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-124.64%
EPS NY rev (1m)0%
EPS NY rev (3m)-31.4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.44%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)-2.62%
Valuation
Industry RankSector Rank
PE 12.25
Fwd PE 7.73
P/S 0.28
P/FCF N/A
P/OCF 3.33
P/B 1.36
P/tB N/A
EV/EBITDA 6
EPS(TTM)0.97
EY8.16%
EPS(NY)1.54
Fwd EY12.94%
FCF(TTM)-1.16
FCFYN/A
OCF(TTM)3.57
OCFY30.05%
SpS42.95
BVpS8.72
TBVpS-1.75
PEG (NY)N/A
PEG (5Y)4.74
Profitability
Industry RankSector Rank
ROA -4.49%
ROE -31.23%
ROCE 7.43%
ROIC 5.73%
ROICexc 6.39%
ROICexgc 8.51%
OM 7.92%
PM (TTM) N/A
GM 16.06%
FCFM N/A
ROA(3y)2.36%
ROA(5y)1.14%
ROE(3y)18.5%
ROE(5y)10.74%
ROIC(3y)7.56%
ROIC(5y)6.94%
ROICexc(3y)8.54%
ROICexc(5y)7.72%
ROICexgc(3y)12.58%
ROICexgc(5y)11.51%
ROCE(3y)9.66%
ROCE(5y)8.86%
ROICexcg growth 3Y16.73%
ROICexcg growth 5Y-0.33%
ROICexc growth 3Y21.92%
ROICexc growth 5Y4.22%
OM growth 3Y16.05%
OM growth 5Y2.13%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y9.68%
GM growth 5Y2.37%
F-Score3
Asset Turnover0.71
Health
Industry RankSector Rank
Debt/Equity 3.63
Debt/FCF N/A
Debt/EBITDA 4.81
Cap/Depr 149.08%
Cap/Sales 11.02%
Interest Coverage 1.66
Cash Conversion 54.28%
Profit Quality N/A
Current Ratio 1.23
Quick Ratio 0.77
Altman-Z 1.22
F-Score3
WACC6.7%
ROIC/WACC0.85
Cap/Depr(3y)116.6%
Cap/Depr(5y)100.33%
Cap/Sales(3y)7.94%
Cap/Sales(5y)7.06%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-71.04%
EPS 3Y35.94%
EPS 5Y2.58%
EPS Q2Q%-105%
EPS Next Y-73.79%
EPS Next 2Y-29.48%
EPS Next 3Y-13.37%
EPS Next 5Y-0.47%
Revenue 1Y (TTM)-7.2%
Revenue growth 3Y5.27%
Revenue growth 5Y0.65%
Sales Q2Q%-3.67%
Revenue Next Year-7.05%
Revenue Next 2Y-3.8%
Revenue Next 3Y-2.05%
Revenue Next 5Y0.49%
EBIT growth 1Y-38.48%
EBIT growth 3Y22.17%
EBIT growth 5Y2.8%
EBIT Next Year18.26%
EBIT Next 3Y10.69%
EBIT Next 5Y3.75%
FCF growth 1Y61.86%
FCF growth 3Y-3.8%
FCF growth 5Y-12.61%
OCF growth 1Y13700%
OCF growth 3Y21.42%
OCF growth 5Y0.67%