AI Spotlight on OI
Company Description
O-I Glass, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in the Americas, Europe, and the Asia Pacific.The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine.It is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals.
In addition, the company offers glass containers in a range of sizes, shapes, and colors.It sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors.The company was founded in 1903 and is headquartered in Perrysburg, Ohio.
Market Data
Last Price | 11.94 |
Change Percentage | 0.51% |
Open | 11.77 |
Previous Close | 11.88 |
Market Cap ( Millions) | 1846 |
Volume | 1483342 |
Year High | 17.58 |
Year Low | 9.85 |
M A 50 | 11.35 |
M A 200 | 12.22 |
Financial Ratios
FCF Yield | -10.34% |
Dividend Yield | 0.00% |
ROE | -27.40% |
Debt / Equity | 389.17% |
Net Debt / EBIDTA | 882.32% |
Price To Book | 1.37 |
Price Earnings Ratio | -4.39 |
Price To FCF | -9.67 |
Price To sales | 0.28 |
EV / EBITDA | 12.45 |
News
- Jan -22 - O-I Glass: The Reasons To Upgrade This Name Are As Clear As Glass
- Jan -08 - O-I GLASS ANNOUNCES FULL YEAR AND FOURTH QUARTER 2024 EARNINGS CONFERENCE CALL AND WEBCAST
- Dec -17 - 1 Stock to Watch & 1 to Avoid in a Challenging Glass Products Industry
- Dec -11 - Is the Options Market Predicting a Spike in OI Glass (OI) Stock?
- Nov -26 - O-I Glass to Present at Citi's 2024 Basic Materials Conference
- Oct -31 - O-I Glass Misses Q3 Earnings & Revenue Estimates, Lowers '24 Outlook
- Oct -31 - O-I Glass: Weakness Persists In Q3 And Beyond (Rating Downgrade)
- Oct -30 - O-I Glass, Inc. (OI) Q3 2024 Earnings Call Transcript
- Oct -29 - O-I Glass (OI) Reports Q3 Loss, Misses Revenue Estimates
- Oct -29 - O-I GLASS REPORTS THIRD QUARTER 2024 RESULTS
- Oct -02 - O-I Glass Announces Third Quarter 2024 Earnings Conference Call and Webcast
- Aug -26 - O-I Glass to Present at UBS Global Materials Conference
- Jul -31 - O-I Glass (OI) Tops Q2 Earnings Estimates, Lowers '24 Outlook
- Jul -31 - O-I Glass, Inc. (OI) Q2 2024 Earnings Call Transcript
- Jul -30 - O-I Glass (OI) Q2 Earnings Beat Estimates
- Jul -30 - O-I GLASS REPORTS SECOND QUARTER 2024 RESULTS
- Jul -30 - Why O-I Glass Will Thrive As The Market Improves
- Jul -18 - Wall Street Analysts See a 52.23% Upside in O-I Glass (OI): Can the Stock Really Move This High?
- Jul -17 - O-I Glass: There's Incredibly Risky Potential
- Jul -03 - O-I Glass Announces Second Quarter 2024 Earnings Conference Call and Webcast
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Alcoholic Beverages (Beer, Wine, Spirits)
Expected Growth : 3 %
What the company do ?
Alcoholic Beverages (Beer, Wine, Spirits) from O-I Glass, Inc. refers to glass packaging solutions for beer, wine, and spirits manufacturers, providing sustainable and innovative packaging options.
Why we expect these perspectives ?
O-I Glass, Inc.'s 3% growth in Alcoholic Beverages (Beer, Wine, Spirits) is driven by increasing demand for premiumization, craft beverages, and sustainability. Rising consumer preference for unique glass packaging, expansion in emerging markets, and strategic partnerships with major breweries and distilleries also contribute to this growth.
Segment nΒ°2 -> Food and Other
Expected Growth : 2 %
What the company do ?
Food and Other segment from O-I Glass, Inc. includes sales of glass containers for food and other non-beverage products, such as jars and containers for food, spices, and pharmaceuticals.
Why we expect these perspectives ?
O-I Glass, Inc.'s Food and Other segment growth is driven by increasing demand for sustainable and eco-friendly packaging, expansion in emerging markets, and strategic partnerships with major food and beverage companies. Additionally, the company's focus on innovation, such as its proprietary glass packaging solutions, contributes to its 2% growth.
Segment nΒ°3 -> Non-alcoholic Beverages
Expected Growth : 4 %
What the company do ?
Non-alcoholic Beverages from O-I Glass, Inc. refers to glass packaging solutions for juices, sodas, waters, and other soft drinks, offering sustainable and innovative packaging options.
Why we expect these perspectives ?
O-I Glass, Inc.'s non-alcoholic beverages segment growth is driven by increasing demand for sustainable packaging, rising health consciousness, and growing popularity of premium beverages. Additionally, the company's strategic partnerships, innovative product offerings, and expanding presence in emerging markets contribute to its 4% growth rate.
Segment nΒ°4 -> Other
Expected Growth : 2 %
What the company do ?
The 'Other' segment from O-I Glass, Inc. includes non-glass manufacturing operations, such as the production of chemicals and other specialty products.
Why we expect these perspectives ?
O-I Glass, Inc.'s 'Other' segment growth is driven by increasing demand for specialty glass products, expansion into new markets, and strategic partnerships. Additionally, the company's focus on innovation, sustainability, and cost savings initiatives contribute to its growth. Furthermore, the rising trend of premiumization in the beverage industry and growing demand for glass packaging also support the segment's growth.
O-I Glass, Inc. Products
Product Range | What is it ? |
---|---|
Beverage Packaging | Glass packaging solutions for beer, wine, spirits, and non-alcoholic beverages |
Food Packaging | Glass packaging solutions for food products such as jams, honey, sauces, and condiments |
Pharmaceutical Packaging | Glass packaging solutions for pharmaceutical and healthcare products |
Cosmetic Packaging | Glass packaging solutions for personal care and cosmetic products |
Sustainable Packaging Solutions | Eco-friendly glass packaging solutions for environmentally conscious brands |
O-I Glass, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for O-I Glass, Inc. is medium due to the availability of alternative packaging materials such as plastic, aluminum, and paper. However, glass remains a popular choice for packaging due to its sustainability and versatility.
Bargaining Power Of Customers
The bargaining power of customers is high due to the concentration of major beverage companies such as Anheuser-Busch, MillerCoors, and PepsiCo, which can exert pressure on O-I Glass, Inc. to reduce prices or improve services.
Bargaining Power Of Suppliers
The bargaining power of suppliers is low due to the availability of raw materials such as silica sand, soda ash, and limestone, which are widely available and can be sourced from multiple suppliers.
Threat Of New Entrants
The threat of new entrants is low due to the high capital costs and technical expertise required to establish a glass packaging manufacturing facility, which creates a barrier to entry for new competitors.
Intensity Of Rivalry
The intensity of rivalry is medium due to the presence of established competitors such as Saint-Gobain, Owens-Illinois, and Ardagh Group, which compete with O-I Glass, Inc. in the global glass packaging market.
Strength
Capital Structure
Value | |
---|---|
Debt Weight | 75.05% |
Debt Cost | 3.95% |
Equity Weight | 24.95% |
Equity Cost | 10.74% |
WACC | 5.64% |
Leverage | 300.75% |
O-I Glass, Inc. : Quality Control
O-I Glass, Inc. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
PACK | Ranpak Holdings Corp., together with its subsidiaries, provide product protection solutions for e-commerce and industrial supply chains in North America, Europe, and Asia. The company offers protective packaging solutions, such β¦ |
TRS | TriMas Corporation designs, develops, manufactures, and sells products for consumer products, aerospace, and industrial markets worldwide. It operates through three segments: Packaging, Aerospace, and Specialty Products. The Packaging segment offers β¦ |
TUP | Tupperware Brands Corporation operates as a consumer products company worldwide. The company manufactures, markets, and sells design-centric preparation, storage, and serving solutions for the kitchen and home, as well as β¦ |
PTVE | Pactiv Evergreen Inc. manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage cartons in North America. It operates through three segments: Foodservice, Food Merchandising, and Beverage Merchandising. β¦ |
MYE | Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. It operates through The Material Handling and Distribution segments. The Material Handling segment offers pallets, small parts bins, β¦ |