A2 MILK COMPANY LIMITED (A2M)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

A2M - A2 MILK COMPANY LIMITED

FNArena Sector : Dairy
Year End: June
GICS Industry Group : Food, Beverage & Tobacco
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

The a2 Milk Company is dual listed on both the NZX and ASX. It produces and sells A1 protein-free milk and related products like infant formula. It was first listed in 2015.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.28

20 May
2022

0.100

OPEN

$4.18

2.39%

HIGH

$4.33

3,869,980

LOW

$4.18

TARGET
$5.485 28.2% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
BGA . MGC . FSF . SM1 . NUC . BUB . BFC . TFL . NUC .
FNARENA'S MARKET CONSENSUS FORECASTS
A2M: 1
Title FY22
Forecast
FY23
Forecast
EPS (cps) 14.9 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 28.8 xxx
Dividend Yield 0.0% xxx
Div Pay Ratio(%) 0.0% xxx
This company reports in NZD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.00

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
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2022 FactSet UK Limited. All rights reserved
Title 201620172018201920202021
EPS Basic xxxxxxxxxxxxxxx10.1
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx1,121.5 M
Book Value Per Share xxxxxxxxxxxxxxx135.8
Net Operating Cash Flow xxxxxxxxxxxxxxx83.2 M
Net Profit Margin xxxxxxxxxxxxxxx6.69 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201620172018201920202021
Return on Capital Employed xxxxxxxxxxxxxxx7.26 %
Return on Invested Capital xxxxxxxxxxxxxxx7.17 %
Return on Assets xxxxxxxxxxxxxxx5.69 %
Return on Equity xxxxxxxxxxxxxxx7.26 %
Return on Total Capital xxxxxxxxxxxxxxx19.30 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx77.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

This is work in progress. Bear with us. It'll be amazing.

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-0.2

No. Of Recommendations

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

Credit Suisse

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

22/02/2022

3

Hold

$6.39

49.30%

While 1H results for a2 Milk Company were slightly below Morgans expectations, the consensus estimate was materially exceeded. It's felt new management has been effective in stabilising the business and growth is forecast from the 2H, partly due to greater market share.

All distributor stock is now at targeted levels which has seen pricing improve, explains the broker. The Hold rating is kept, despite the analyst feeling the worst is over, as earnings uncertainty and regulatory risks still remain.

Morgans increases revenue forecasts in-line with guidance though reduces the earnings margin due to higher costs. The target price rises to $6.39 from $6.35.

FORECAST
Morgans forecasts a full year FY22 dividend of 0.00 cents and EPS of 15.05 cents.
Morgans forecasts a full year FY23 dividend of 0.00 cents and EPS of 19.75 cents.

Macquarie

xx/xx/xxxx

5

xxxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

xx/xx/xxxx

1

xxx

-

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

A2M STOCK CHART