ORORA LIMITED (ORA)
Share Price Analysis and Chart

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ORA

ORA - ORORA LIMITED

FNArena Sector : Paper & Packaging
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 1.63
Index: ASX200 | ASX300 | ALL-ORDS

Orora is a packaging company focused on beverage packaging and related services, with operations in Australasia and through Saverglass in Europe/North America. Remove the old North American Packaging Solutions reference.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.515

12 Aug
2026

-0.025

OPEN

$1.53

-1.62%

HIGH

$1.55

4,802,294

LOW

$1.51

TARGET
$1.59

-0.04 change from previous day

 5.0% upside
OTHER COMPANIES IN THE SAME SECTOR
AMC . PPG .
FNARENA'S MARKET CONSENSUS FORECASTS
ORA: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 10.8 10.8 xxx
DPS (cps) xxx 10.0 9.0 xxx
EPS Growth xxx - 27.4% 0.6% xxx
DPS Growth xxx 0.0% - 10.0% xxx
PE Ratio xxx N/A 13.6 xxx
Dividend Yield xxx N/A 6.1% xxx
Div Pay Ratio(%) xxx 92.9% 83.1% xxx

Dividend yield today if purchased 3 years ago: 2.75%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 6.80

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 27/02 - (franking ex-div 5.00c)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx10.8
DPS All xxxxxxxxxxxxxxx10.0
Sales/Revenue xxxxxxxxxxxxxxx2,090.2 M
Book Value Per Share xxxxxxxxxxxxxxx226.3
Net Operating Cash Flow xxxxxxxxxxxxxxx372.7 M
Net Profit Margin xxxxxxxxxxxxxxx3.17 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx2.65 %
Return on Invested Capital xxxxxxxxxxxxxxx1.67 %
Return on Assets xxxxxxxxxxxxxxx1.20 %
Return on Equity xxxxxxxxxxxxxxx2.65 %
Return on Total Capital xxxxxxxxxxxxxxx6.02 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-26.7 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx28 M
Long Term Debt xxxxxxxxxxxxxxx625 M
Total Debt xxxxxxxxxxxxxxx653 M
Goodwill - Gross xxxxxxxxxxxxxxx767 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx257 M
Price To Book Value xxxxxxxxxxxxxxx0.84

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx266.6 M
Capex % of Sales xxxxxxxxxxxxxxx12.75 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,609 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx239 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.1

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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UBS

13/08/2026

3

Neutral

$1.70

12.21%

At first glance, UBS points out Orora's FY26 EBIT of $248m fell -5% but was in line with consensus, with stronger Cans earnings offset by continued weakness at Saverglass.

The analyst highlights 6.3% Cans volume growth, strong operating cash flow and the resumption of the share buyback as positives, while net debt of $481m left leverage at a manageable 1.2x.

Saverglass remains the key negative, the broker emphasises, with EBIT falling -18% despite higher volumes as weaker product mix weighed on earnings, while a -$743m non-cash impairment reflects a delayed recovery in premium spirits demand.

FY27 group EBIT is expected to decline, broadly in line with expectations, as growth in Cans and stable Gawler earnings are offset by further Saverglass weakness amid tariffs, Middle East disruption and adverse price and mix effects.

Neutral rated. Target $1.70.

FORECAST
UBS forecasts a full year FY26 dividend of 9.00 cents and EPS of 11.00 cents.
UBS forecasts a full year FY27 dividend of 9.00 cents and EPS of 11.00 cents.

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

13/08/2026

3

Neutral

$1.80

18.81%

Jarden maintains a Neutral rating for Orora with a $1.80 target price following the release of FY26 financial results, upon initial assessment, landing generally in line with market expectations.

The analyst expects market focus will quickly shift towards FY27 guidance, which points to a decline in group operating earnings relative to FY26 levels.

Cans segment earnings are expected to increase; however, this will likely be offset by continued supply chain disruptions and Middle East impacts weighing on Saverglass unit performance.

The broker's estimates suggest that while operating earnings guidance aligns with consensus, higher net finance costs and elevated capital expenditure guidance will present headwinds for bottom-line profitability.

Implied downgrades to FY27 core earnings per share are estimated at -3%-4% prior to the recommencement of an on-market share buyback program.
Access Extra Coverage Research History >

ORA STOCK CHART

FNArena News on ORA

1
FNArena Corporate Results Monitor – 13-08-2026

2:20 PM - Australia
2
Australian Broker Call *Extra* Edition – Aug 13, 2026

1:04 PM - Daily Market Reports
3
Treasure Chest: Orora

Aug 12 2026 - Treasure Chest
4
Australian Broker Call *Extra* Edition – Aug 06, 2026

Aug 06 2026 - Daily Market Reports
5
Next Week At A Glance – 20-25 Jul 2026

Jul 17 2026 - Weekly Reports

Latest Paper & Packaging News

1
Amcor Confident In Berry On Top

Feb 07 2025 - Australia
2
The Drinks Are On Orora

Sep 09 2024 - Australia
3
Orora Awaiting The End Of Destocking

Apr 24 2024 - Australia
4
Destocking Remains Amcor’s Hobgoblin

Feb 08 2024 - Australia
5
Two Quality Stocks For When The Tide Goes Out

Jul 22 2022 - Australia
6
Orora Packing a Punch With Growth Initiatives

May 04 2022 - Australia
7
Despite Constraints, Amcor Remains Resilient

Nov 04 2021 - Australia
8
Will Cost Pressures Surface At Amcor?

May 06 2021 - Australia
9
Amcor Sets The Stage For Further M&A

Feb 04 2021 - Australia
10
Confidence Increases Around Amcor

Nov 09 2020 - Australia