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

$6.29

05 Dec
2022

-0.040

OPEN

$6.33

-0.63%

HIGH

$6.34

1,211,913

LOW

$6.26

TARGET
$5.103 -18.9% downside
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 FY23
Forecast
FY24
Forecast
EPS (cps) 18.7 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 33.7 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 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx15.5
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx1,353.3 M
Book Value Per Share xxxxxxxxxxxxxxx144.0
Net Operating Cash Flow xxxxxxxxxxxxxxx191.0 M
Net Profit Margin xxxxxxxxxxxxxxx8.49 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx11.07 %
Return on Invested Capital xxxxxxxxxxxxxxx10.64 %
Return on Assets xxxxxxxxxxxxxxx8.12 %
Return on Equity xxxxxxxxxxxxxxx11.07 %
Return on Total Capital xxxxxxxxxxxxxxx24.18 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx186.4 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

-0.5

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

3

xxxx

$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

Credit Suisse

04/11/2022

3

Neutral

$5.30

-15.74%

a2 Milk Co has received necessary approvals to market its A2 Platinum infant formula in the US on an ongoing basis from the second half of FY23. While Credit Suisse expects this will support a breakeven of the company's US operations by FY25, it is cautious on significant valuation uplift. 

The broker finds the US market highly competitive, with 90% of the market held by four major players. Credit Suisse also warns lower pricing and higher costs will likely drive a lower earnings margin on US products. 

The Neutral rating is retained and the target price increases to $5.30 from $5.25.

FORECAST
Credit Suisse forecasts a full year FY23 dividend of 0.00 cents and EPS of 18.30 cents.
Credit Suisse forecasts a full year FY24 dividend of 0.00 cents and EPS of 24.70 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

A2M STOCK CHART