O-I GLASS INC (OI) Stock Fundamental Analysis
NYSE:OI - New York Stock Exchange, Inc. - US67098H1041 - Common Stock - Currency: USD
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 is valued quite cheap, but it does not seem to be growing.
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.
Each year in the past 5 years OI had a positive operating cash flow.
1.2 Ratios
OI's Return On Assets of -1.21% 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 -9.73%, OI is not doing good in the industry: 78.26% of the companies in the same industry are doing better.
OI's Return On Invested Capital of 6.10% is on the low side compared to the rest of the industry. OI is outperformed by 65.22% of its industry peers.
OI had an Average Return On Invested Capital over the past 3 years of 7.46%. This is in line with the industry average of 7.64%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.21% | ||
| ROE | -9.73% | ||
| ROIC | 6.1% |
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
The Operating Margin of OI (7.81%) is worse than 65.22% of its industry peers.
In the last couple of years the Operating Margin of OI has declined.
The Gross Margin of OI (15.99%) is worse than 91.30% of its industry peers.
OI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.81% | ||
| PM (TTM) | N/A | ||
| GM | 15.99% |
OM growth 3Y-4.51%
OM growth 5Y-4.6%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.31%
GM growth 5Y-2.39%
2. Health
2.1 Basic Checks
OI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, OI has about the same amount of shares outstanding.
The number of shares outstanding for OI has been reduced compared to 5 years ago.
The debt/assets ratio for OI is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.24, we must say that OI is in the distress zone and has some risk of bankruptcy.
OI's Altman-Z score of 1.24 is on the low side compared to the rest of the industry. OI is outperformed by 69.57% of its industry peers.
A Debt/Equity ratio of 4.32 is on the high side and indicates that OI has dependencies on debt financing.
OI has a worse Debt to Equity ratio (4.32) than 86.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.32 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.24 |
ROIC/WACC0.79
WACC7.69%
2.3 Liquidity
A Current Ratio of 1.15 indicates that OI should not have too much problems paying its short term obligations.
OI has a Current ratio of 1.15. This is in the lower half of the industry: OI underperforms 78.26% of its industry peers.
OI has a Quick Ratio of 1.15. 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 0.70 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 | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
The earnings per share for OI have decreased strongly by -74.11% in the last year.
Measured over the past years, OI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -18.61% on average per year.
The Revenue has decreased by -8.09% in the past year.
The Revenue has been decreasing by -0.48% on average over the past years.
EPS 1Y (TTM)-74.11%
EPS 3Y-24.1%
EPS 5Y-18.61%
EPS Q2Q%-141.67%
Revenue 1Y (TTM)-8.09%
Revenue growth 3Y0.9%
Revenue growth 5Y-0.48%
Sales Q2Q%-6.83%
3.2 Future
The Earnings Per Share is expected to grow by 39.37% on average over the next years. This is a very strong growth
Based on estimates for the next years, OI will show a small growth in Revenue. The Revenue will grow by 2.49% on average per year.
EPS Next Y72%
EPS Next 2Y52.21%
EPS Next 3Y42.07%
EPS Next 5Y39.37%
Revenue Next Year-2.77%
Revenue Next 2Y-0.81%
Revenue Next 3Y0.21%
Revenue Next 5Y2.49%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.63, OI is valued correctly.
65.22% of the companies in the same industry are more expensive than OI, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 29.75, OI is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.92, the valuation of OI can be described as very cheap.
95.65% of the companies in the same industry are more expensive than OI, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of OI to the average of the S&P500 Index (22.44), we can say OI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.63 | ||
| Fwd PE | 7.92 |
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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.92 |
4.3 Compensation for Growth
OI's 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 42.07% in the coming years.
PEG (NY)0.19
PEG (5Y)N/A
EPS Next 2Y52.21%
EPS Next 3Y42.07%
5. Dividend
5.1 Amount
OI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
10.9
-0.57 (-4.97%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners100.62%
Inst Owner Change2.23%
Ins Owners1.04%
Ins Owner Change0.28%
Market Cap1.69B
Analysts78.89
Price Target15.19 (39.36%)
Short Float %3.96%
Short Ratio4.09
Dividend
| Industry Rank | Sector 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)1
Avg EPS beat(2)-83.41%
Min EPS beat(2)-200.22%
Max EPS beat(2)33.39%
EPS beat(4)2
Avg EPS beat(4)-38.83%
Min EPS beat(4)-200.22%
Max EPS beat(4)33.39%
EPS beat(8)6
Avg EPS beat(8)22.44%
EPS beat(12)10
Avg EPS beat(12)20.43%
EPS beat(16)14
Avg EPS beat(16)17.88%
Revenue beat(2)0
Avg Revenue beat(2)-7.16%
Min Revenue beat(2)-7.39%
Max Revenue beat(2)-6.94%
Revenue beat(4)0
Avg Revenue beat(4)-7.18%
Min Revenue beat(4)-8.87%
Max Revenue beat(4)-5.52%
Revenue beat(8)1
Avg Revenue beat(8)-4.38%
Revenue beat(12)3
Avg Revenue beat(12)-2.33%
Revenue beat(16)5
Avg Revenue beat(16)-1.7%
PT rev (1m)0.75%
PT rev (3m)-0.74%
EPS NQ rev (1m)0.24%
EPS NQ rev (3m)-5.18%
EPS NY rev (1m)-9.06%
EPS NY rev (3m)-10.46%
Revenue NQ rev (1m)-0.81%
Revenue NQ rev (3m)-1%
Revenue NY rev (1m)-2.44%
Revenue NY rev (3m)-2.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.63 | ||
| Fwd PE | 7.92 | ||
| P/S | 0.26 | ||
| P/FCF | N/A | ||
| P/OCF | 3.45 | ||
| P/B | 1.56 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.92 |
EPS(TTM)0.8
EY7.34%
EPS(NY)1.38
Fwd EY12.62%
FCF(TTM)-0.83
FCFYN/A
OCF(TTM)3.16
OCFY29.01%
SpS42.22
BVpS6.98
TBVpS-2.85
PEG (NY)0.19
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.21% | ||
| ROE | -9.73% | ||
| ROCE | 7.85% | ||
| ROIC | 6.1% | ||
| ROICexc | 6.86% | ||
| ROICexgc | 9.26% | ||
| OM | 7.81% | ||
| PM (TTM) | N/A | ||
| GM | 15.99% | ||
| FCFM | N/A |
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-2.31%
GM growth 5Y-2.39%
F-Score4
Asset Turnover0.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.32 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.68 | ||
| Cap/Depr | 126.96% | ||
| Cap/Sales | 9.45% | ||
| Interest Coverage | 1.48 | ||
| Cash Conversion | 49.1% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | 1.24 |
F-Score4
WACC7.69%
ROIC/WACC0.79
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)-74.11%
EPS 3Y-24.1%
EPS 5Y-18.61%
EPS Q2Q%-141.67%
EPS Next Y72%
EPS Next 2Y52.21%
EPS Next 3Y42.07%
EPS Next 5Y39.37%
Revenue 1Y (TTM)-8.09%
Revenue growth 3Y0.9%
Revenue growth 5Y-0.48%
Sales Q2Q%-6.83%
Revenue Next Year-2.77%
Revenue Next 2Y-0.81%
Revenue Next 3Y0.21%
Revenue Next 5Y2.49%
EBIT growth 1Y-39.79%
EBIT growth 3Y-3.65%
EBIT growth 5Y-5.06%
EBIT Next Year108.15%
EBIT Next 3Y24.69%
EBIT Next 5Y18.05%
FCF growth 1Y-198.46%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-40.22%
OCF growth 3Y-10.58%
OCF growth 5Y3.84%