Orora Limited is a packaging & containers business based in Australia. Orora shares (ORA) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $2.41 – an increase of 6.17% over the previous week. Orora has a trailing 12-month revenue of around $3.6 billion.
How to buy shares in Orora
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Orora. Find the share by name or ticker symbol: ORA. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Orora reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $2.41, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Orora. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
How has coronavirus impacted Orora's share price?
Since the stock market crash in March caused by coronavirus, Orora's share price has had significant negative movement.
Its last market close was $2.41, which is 16.61% down on its pre-crash value of $2.89 and 8.07% up on the lowest point reached during the March crash when the shares fell as low as $2.23.
If you had bought $1,000 worth of Orora shares at the start of February 2020, those shares would have been worth $755.55 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $765.08.
Orora share priceUse our graph to track the performance of ORA stocks over time.
Orora shares at a glance
|Latest market close||AUDA$2.41|
|52-week range||AUDA$2.19 - AUDA$3.5187|
|50-day moving average||AUDA$2.32|
|200-day moving average||AUDA$2.5339|
|Dividend yield||AUDA$0.11 (4.85%)|
|Earnings per share (TTM)||AUDA$0.247|
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Is it a good time to buy Orora stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Orora price performance over time
|1 week (2020-09-10)||6.17%|
|1 month (2020-08-19)||0.84%|
|3 months (2020-06-19)||-16.54%|
|6 months (2020-03-19)||-5.12%|
|1 year (2019-09-19)||-13.62%|
|2 years (2018-09-19)||-29.12%|
|3 years (2017-09-19)||-24.21%|
|5 years (2015-09-18)||3.88%|
Is Orora under- or over-valued?
Valuing Orora stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Orora's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Orora's P/E ratio
Orora's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 80x. In other words, Orora shares trade at around 80x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Orora's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $309.2 million (£0.0 million).
The EBITDA is a measure of a Orora's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$3.6 billion|
|Operating margin TTM||6.29%|
|Gross profit TTM||$653.5 million|
|Return on assets TTM||4.37%|
|Return on equity TTM||2.06%|
|Market capitalisation||$2.2 billion|
TTM: trailing 12 months
Orora share dividends
Dividend payout ratio: 571.84% of net profits
Recently Orora has paid out, on average, around 571.84% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.85% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Orora shareholders could enjoy a 4.85% return on their shares, in the form of dividend payments. In Orora's case, that would currently equate to about A$0.11 per share.
Orora's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 6 September 2020 (the "ex-dividend date").
Have Orora's shares ever split?
Orora's shares were split on a 4:5 basis on 22 June 2020. So if you had owned 5 shares the day before before the split, the next day you'd have owned 4 shares. This wouldn't directly have changed the overall worth of your Orora shares – just the quantity. However, indirectly, the new 25% higher share price could have impacted the market appetite for Orora shares which in turn could have impacted Orora's share price.
Orora share price volatility
Over the last 12 months, Orora's shares have ranged in value from as little as $2.19 up to $3.5187. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Orora's is 0.4675. This would suggest that Orora's shares are less volatile than average (for this exchange).
Orora Limited designs, manufactures, and supplies packaging products and services to the grocery, fast moving consumer goods, and industrial markets in Australia, New Zealand, the United States, and internationally. It operates through Orora Australasia and Orora North America segments. The company provides glass bottles, aluminum cans, closures and caps, boxes and cartons, point-of-purchase displays, packaging equipment, rigid and flexible packaging, bags and sacks, flexible packaging, and general packaging materials and supplies, as well as recycled paper. It also purchases, warehouses, sells, and delivers a range of packaging and related materials; sells equipment; and provides point of purchase retail display solutions and other visual communication services. In addition, the company offers printing and signage, research and technology, product sourcing, automation and engineering, design, kitting and fulfilment, logistics, and digital technology services. The company was formerly known as Amcor Packaging (Australia) Limited and changed its name to Orora Limited in October 2013. Orora Limited was incorporated in 1949 and is headquartered in Hawthorn, Australia.
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