GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » O-I Glass Inc (NYSE:OI) » Definitions » Intrinsic Value: Projected FCF

O-I Glass (O-I Glass) Intrinsic Value: Projected FCF

: $17.72 (As of Today)
View and export this data going back to 1991. Start your Free Trial

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-20), O-I Glass's Intrinsic Value: Projected FCF is $17.72. The stock price of O-I Glass is $14.57. Therefore, O-I Glass's Price-to-Intrinsic-Value-Projected-FCF of today is 0.8.

The historical rank and industry rank for O-I Glass's Intrinsic Value: Projected FCF or its related term are showing as below:

OI' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.62   Med: 0.97   Max: 1.44
Current: 0.82

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of O-I Glass was 1.44. The lowest was 0.62. And the median was 0.97.

OI's Price-to-Projected-FCF is ranked better than
53.47% of 288 companies
in the Packaging & Containers industry
Industry Median: 0.93 vs OI: 0.82

O-I Glass Intrinsic Value: Projected FCF Historical Data

The historical data trend for O-I Glass's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

O-I Glass Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.45 16.47 19.31 16.21 17.72

O-I Glass Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Intrinsic Value: Projected FCF Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.21 11.54 18.08 18.37 17.72

Competitive Comparison

For the Packaging & Containers subindustry, O-I Glass's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


O-I Glass Price-to-Projected-FCF Distribution

For the Packaging & Containers industry and Consumer Cyclical sector, O-I Glass's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where O-I Glass's Price-to-Projected-FCF falls into.



O-I Glass Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get O-I Glass's Free Cash Flow(6 year avg) = $151.84.

O-I Glass's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*151.84+1609*0.8)/154.216
=17.72

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


O-I Glass  (NYSE:OI) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

O-I Glass's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=14.57/17.720406354278
=0.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


O-I Glass Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of O-I Glass's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


O-I Glass (O-I Glass) Business Description

Traded in Other Exchanges
Address
One Michael Owens Way, Perrysburg, OH, USA, 43551
O-I Glass is the world's largest manufacturer of glass bottles; 70% of its revenue comes from outside the United States. O-I has a market-leading position in key markets such as Europe, North America, and Brazil, among others. Beer is the primary end market for O-I's glass bottles, which are also used for wine, soda, spirits, condiments, and food. In the coming years, O-I is looking to maintain or expand its dominant positions in Europe, North America, and South America.
Executives
Andres Alberto Lopez officer: VP, President of Latin America ONE MICHAEL OWENS WAY, PERRYSBURG OH 43551
Vitaliano Torno officer: President, O-I Europe O-I EUROPE SARL, EU HQ MEX EN FARAZ 5, VUFFLENS-LA-VILLE V8 1302
Arnaud Aujouannet officer: SVP & Chief Sales & Marketing ONE MICHAEL OWENS WAY, PLAZA ONE, PERRYSBURG OH 43551
Clark David V Ii director C/O O-I GLASS, INC., ONE MICHAEL OWENS WAY, PLAZA 1, PERRYSBURG OH 43551
Darrow A Abrahams officer: SVP, GC & Corporate Secretary ONE MICHAEL OWENS WAY, PERRYSBURG OH 43551
Mary Beth Wilkinson officer: Senior VP, GC & Secretary 2350 GREEN ROAD, SUITE 100, ANN ARBOR MI 48105
Samuel R. Chapin director 940 WINTER STREET, C/O PERKINELMER, WALTHAM MA 02451
Catherine I Slater director C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Peter S Hellman director ONE BAXTER PARKWAY, DEERFIELD IL 60015
Carol A Dudley-williams director 912 W. SUGNET RD., MIDLAND MI 48640
John H Walker director 233 SOUTH WACKER DRIVE, CHICAGO IL 60606
Timothy Connors officer: President, O-I Asia Pacific 36 BURWOOD ROAD, HAWTHORN, VIC C3 3195
Moyano Giancarlo Currarino officer: SVP, Chief Tech & SC Officer ONE MICHAEL OWENS WAY, PLAZA ONE, PERRYSBURG OH 43551
John Humphrey director ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., SUITE 500, CHARLOTTE NC 28209
Joseph D Rupp director QUANEX BUILDING PRODUCTS CORPORATION, 1800 W LOOP SOUTH, SUITE 1500, HOUSTON TX 77027