O-I GLASS INC (OI) Fundamental Analysis & Valuation
NYSE:OI • US67098H1041
11.97 USD
-0.45 (-3.62%)
At close: Mar 5, 2026
12 USD
+0.03 (+0.25%)
After Hours: 3/5/2026, 7:13:14 PM
This OI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, OI scores 4 out of 10 in our fundamental rating. OI was compared to 22 industry peers in the Containers & Packaging industry. While OI is still in line with the averages on profitability rating, there are concerns on its financial health. OI scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. OI Profitability Analysis
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
- Looking at the Return On Assets, with a value of -1.40%, OI is doing worse than 72.73% of the companies in the same industry.
- Looking at the Return On Equity, with a value of -9.97%, OI is doing worse than 81.82% of the companies in the same industry.
- OI's Return On Invested Capital of 6.81% is fine compared to the rest of the industry. OI outperforms 63.64% 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 7.52%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.4% | ||
| ROE | -9.97% | ||
| ROIC | 6.81% |
ROA(3y)-1.23%
ROA(5y)0.89%
ROE(3y)-8.73%
ROE(5y)7.14%
ROIC(3y)7.3%
ROIC(5y)7.12%
1.3 Margins
- Looking at the Operating Margin, with a value of 9.73%, OI is in line with its industry, outperforming 59.09% of the companies in the same industry.
- In the last couple of years the Operating Margin of OI has grown nicely.
- OI has a worse Gross Margin (17.52%) than 86.36% of its industry peers.
- In the last couple of years the Gross Margin of OI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.73% | ||
| PM (TTM) | N/A | ||
| GM | 17.52% |
OM growth 3Y2.35%
OM growth 5Y5.04%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.97%
GM growth 5Y1.89%
2. OI Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so OI is destroying value.
- Compared to 1 year ago, OI has less shares outstanding
- The number of shares outstanding for OI has been reduced compared to 5 years ago.
- OI has a better debt/assets ratio than last year.
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 has a worse Altman-Z score (1.21) than 68.18% of its industry peers.
- OI has a debt to FCF ratio of 29.76. This is a negative value and a sign of low solvency as OI would need 29.76 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 29.76, OI is doing worse than 63.64% of the companies in the same industry.
- OI has a Debt/Equity ratio of 3.81. This is a high value indicating a heavy dependency on external financing.
- OI has a Debt to Equity ratio of 3.81. This is amonst the worse of the industry: OI underperforms 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.81 | ||
| Debt/FCF | 29.76 | ||
| Altman-Z | 1.21 |
ROIC/WACC0.85
WACC8.03%
2.3 Liquidity
- OI has a Current Ratio of 1.25. 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 1.25. This is in the lower half of the industry: OI underperforms 63.64% of its industry peers.
- OI has a Quick Ratio of 1.25. This is a bad value and indicates that OI is not financially healthy enough and could expect problems in meeting its short term obligations.
- OI's Quick ratio of 0.77 is on the low side compared to the rest of the industry. OI is outperformed by 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.25 | ||
| Quick Ratio | 0.77 |
3. OI Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 101.25% over the past year.
- OI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.53% yearly.
- OI shows a decrease in Revenue. In the last year, the revenue decreased by -1.59%.
- OI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.08% yearly.
EPS 1Y (TTM)101.25%
EPS 3Y-11.21%
EPS 5Y5.53%
EPS Q2Q%500%
Revenue 1Y (TTM)-1.59%
Revenue growth 3Y-2.14%
Revenue growth 5Y1.08%
Sales Q2Q%-1.9%
3.2 Future
- Based on estimates for the next years, OI will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.33% on average per year.
- The Revenue is expected to grow by 2.40% on average over the next years.
EPS Next Y23.44%
EPS Next 2Y22.63%
EPS Next 3Y22.17%
EPS Next 5Y19.33%
Revenue Next Year0.15%
Revenue Next 2Y0.98%
Revenue Next 3Y1.02%
Revenue Next 5Y2.4%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. OI Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 7.43 indicates a rather cheap valuation of OI.
- OI's Price/Earnings ratio is rather cheap when compared to the industry. OI is cheaper than 95.45% 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 26.74.
- With a Price/Forward Earnings ratio of 6.02, the valuation of OI can be described as very cheap.
- Based on the Price/Forward Earnings ratio, OI is valued cheaper than 95.45% of the companies 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 24.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.43 | ||
| Fwd PE | 6.02 |
4.2 Price Multiples
- OI's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. OI is cheaper than 100.00% of the companies in the same industry.
- 95.45% of the companies in the same industry are more expensive than OI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.94 | ||
| EV/EBITDA | 5.48 |
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 22.17% in the coming years.
PEG (NY)0.32
PEG (5Y)1.34
EPS Next 2Y22.63%
EPS Next 3Y22.17%
5. OI Dividend Analysis
5.1 Amount
- OI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
OI Fundamentals: All Metrics, Ratios and Statistics
11.97
-0.45 (-3.62%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)02-10 2026-02-10/amc
Earnings (Next)04-27 2026-04-27/amc
Inst Owners103.78%
Inst Owner Change-1.01%
Ins Owners1.31%
Ins Owner Change0.35%
Market Cap1.84B
Revenue(TTM)6.43B
Net Income(TTM)-129.00M
Analysts80
Price Target18.93 (58.15%)
Short Float %9.95%
Short Ratio7.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)6.4%
Min EPS beat(2)2.4%
Max EPS beat(2)10.39%
EPS beat(4)4
Avg EPS beat(4)25.74%
Min EPS beat(4)2.4%
Max EPS beat(4)64.48%
EPS beat(8)6
Avg EPS beat(8)-6.54%
EPS beat(12)10
Avg EPS beat(12)23.54%
EPS beat(16)14
Avg EPS beat(16)21.76%
Revenue beat(2)0
Avg Revenue beat(2)-3.49%
Min Revenue beat(2)-4.09%
Max Revenue beat(2)-2.88%
Revenue beat(4)0
Avg Revenue beat(4)-3.08%
Min Revenue beat(4)-4.09%
Max Revenue beat(4)-2.55%
Revenue beat(8)0
Avg Revenue beat(8)-5.13%
Revenue beat(12)1
Avg Revenue beat(12)-3.94%
Revenue beat(16)3
Avg Revenue beat(16)-2.52%
PT rev (1m)6.37%
PT rev (3m)13.61%
EPS NQ rev (1m)-37.42%
EPS NQ rev (3m)-36.34%
EPS NY rev (1m)0%
EPS NY rev (3m)2.12%
Revenue NQ rev (1m)-6.32%
Revenue NQ rev (3m)-6.49%
Revenue NY rev (1m)-1.27%
Revenue NY rev (3m)-1.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.43 | ||
| Fwd PE | 6.02 | ||
| P/S | 0.29 | ||
| P/FCF | 10.94 | ||
| P/OCF | 3.06 | ||
| P/B | 1.42 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.48 |
EPS(TTM)1.61
EY13.45%
EPS(NY)1.99
Fwd EY16.6%
FCF(TTM)1.09
FCFY9.14%
OCF(TTM)3.91
OCFY32.64%
SpS41.84
BVpS8.43
TBVpS-2.48
PEG (NY)0.32
PEG (5Y)1.34
Graham Number17.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.4% | ||
| ROE | -9.97% | ||
| ROCE | 8.74% | ||
| ROIC | 6.81% | ||
| ROICexc | 7.61% | ||
| ROICexgc | 10.25% | ||
| OM | 9.73% | ||
| PM (TTM) | N/A | ||
| GM | 17.52% | ||
| FCFM | 2.61% |
ROA(3y)-1.23%
ROA(5y)0.89%
ROE(3y)-8.73%
ROE(5y)7.14%
ROIC(3y)7.3%
ROIC(5y)7.12%
ROICexc(3y)8.24%
ROICexc(5y)8.02%
ROICexgc(3y)11.25%
ROICexgc(5y)11.48%
ROCE(3y)9.38%
ROCE(5y)9.12%
ROICexgc growth 3Y-6.77%
ROICexgc growth 5Y3.16%
ROICexc growth 3Y-2.56%
ROICexc growth 5Y6.12%
OM growth 3Y2.35%
OM growth 5Y5.04%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.97%
GM growth 5Y1.89%
F-Score6
Asset Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.81 | ||
| Debt/FCF | 29.76 | ||
| Debt/EBITDA | 4.47 | ||
| Cap/Depr | 90.19% | ||
| Cap/Sales | 6.72% | ||
| Interest Coverage | 1.91 | ||
| Cash Conversion | 54.35% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.25 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z | 1.21 |
F-Score6
WACC8.03%
ROIC/WACC0.85
Cap/Depr(3y)119.86%
Cap/Depr(5y)113.39%
Cap/Sales(3y)8.62%
Cap/Sales(5y)8%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)101.25%
EPS 3Y-11.21%
EPS 5Y5.53%
EPS Q2Q%500%
EPS Next Y23.44%
EPS Next 2Y22.63%
EPS Next 3Y22.17%
EPS Next 5Y19.33%
Revenue 1Y (TTM)-1.59%
Revenue growth 3Y-2.14%
Revenue growth 5Y1.08%
Sales Q2Q%-1.9%
Revenue Next Year0.15%
Revenue Next 2Y0.98%
Revenue Next 3Y1.02%
Revenue Next 5Y2.4%
EBIT growth 1Y22.55%
EBIT growth 3Y0.16%
EBIT growth 5Y6.17%
EBIT Next Year79.05%
EBIT Next 3Y25.49%
EBIT Next 5YN/A
FCF growth 1Y231.25%
FCF growth 3YN/A
FCF growth 5Y2.85%
OCF growth 1Y22.7%
OCF growth 3Y57.35%
OCF growth 5Y5.6%
O-I GLASS INC / OI FAQ
What is the ChartMill fundamental rating of O-I GLASS INC (OI) stock?
ChartMill assigns a fundamental rating of 4 / 10 to OI.
What is the valuation status for OI stock?
ChartMill assigns a valuation rating of 9 / 10 to O-I GLASS INC (OI). This can be considered as Undervalued.
Can you provide the profitability details for O-I GLASS INC?
O-I GLASS INC (OI) has a profitability rating of 4 / 10.
How financially healthy is O-I GLASS INC?
The financial health rating of O-I GLASS INC (OI) is 2 / 10.
What is the earnings growth outlook for O-I GLASS INC?
The Earnings per Share (EPS) of O-I GLASS INC (OI) is expected to grow by 23.44% in the next year.