OI Stock Analysis: O-I Glass | NYSE
Packaging & Containers | NYSE, USA | Market Cap: 884m USD | 12M Return: -50% | US67098H1041 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 22.2M
EPS Trend: -66.2%
Qual. Beats: -2
Rev. Trend: -93.2%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
O-I Glass, Inc. is a global manufacturer of glass containers serving food and beverage producers across the Americas, Europe, and other international markets. Its product portfolio covers alcoholic beverages (beer, flavored malt beverages, spirits, and wine), as well as food, soft drinks, teas, juices, and pharmaceutical packaging, offered in a wide range of sizes, shapes, and colors. The company sells directly to customers through annual or multi-year supply agreements and also distributes through third-party distributors. Originally founded in 1903 and headquartered in Perrysburg, Ohio, O-I Glass was previously known as Owens-Illinois, Inc. before adopting its current name in December 2019.
Operating within the GICS Materials sector and the Metal, Glass & Plastic Containers sub-industry, O-I Glass competes against alternative packaging formats such as PET plastic, aluminum cans, and cartons, with glass often preferred for premium beverages and products where product purity, taste neutrality, or recyclability are key selling points.
- European glass margins pressured by elevated energy costs
- Debt reduction remains top capital allocation priority
- Competition from aluminum and PET packaging intensifies
| Net Income: -1.15b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA -0.28 > 1.0 |
| NWC/Revenue: 7.97% < 20% (prev 7.75%; Δ 0.22% < -1%) |
| CFO/TA 0.05 > 3% & CFO 416.0m > Net Income -1.15b |
| Net Debt (4.65b) to EBITDA (751.0m): 6.19 < 3 |
| Current Ratio: 1.26 > 1.5 & < 3 |
| Outstanding Shares: last quarter (153.1m) vs 12m ago -0.58% < -2% |
| Gross Margin: 14.81% > 18% (prev 15.46%; Δ -0.65% > 0.5%) |
| Asset Turnover: 73.68% > 50% (prev 70.61%; Δ 3.07% > 0%) |
| Interest Coverage Ratio: 0.76 > 6 (EBIT TTM 259.0m / Interest Expense TTM 343.0m) |
| A: 0.06 (Total Current Assets 2.45b - Total Current Liabilities 1.94b) / Total Assets 8.09b |
| B: -0.06 (Retained Earnings -497.0m / Total Assets 8.09b) |
| C: 0.03 (EBIT TTM 259.0m / Avg Total Assets 8.63b) |
| D: 0.05 (Book Value of Equity 383.0m / Total Liabilities 7.55b) |
| Altman-Z'' = 0.47 = B |
| DSRI: 1.06 (Receivables 883.0m/848.0m, Revenue 6.36b/6.48b) |
| GMI: 1.04 (GM 15.46% / 14.81%) |
| AQI: 0.80 (AQ_t 0.27 / AQ_t-1 0.34) |
| SGI: 0.98 (Revenue 6.36b / 6.48b) |
| TATA: -0.19 (NI -1.15b - CFO 416.0m) / TA 8.09b) |
| Beneish M = -3.09 (Cap -4..+1) = AA |
As of October 09, 2026, the stock is trading at USD 6.17 with a total of 6,026,191 shares traded. Over the past week, the price has changed by +9.20%, over one month by -8.59%, over three months by -35.19% and over the past year by -50.00%.
Current recommended Stop Loss: 5.80 (which is 6% or 1.4 ATR below the current price).
O-I Glass has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy OI.
- StrongBuy: 5
- Buy: 0
- Hold: 3
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 8.8 | 42.8% |
P/E Forward = 4.4964
P/S = 0.1389
P/B = 2.4353
P/EG = 0.3468
Revenue TTM = 6.36b USD
EBIT TTM = 259.0m USD
EBITDA TTM = 751.0m USD
Long Term Debt = 4.79b USD (from longTermDebt, last quarter)
Short Term Debt = 193.0m USD (from shortTermDebt, last quarter)
Debt = 4.99b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.65b USD (calculated: Debt 4.99b - CCE 339.0m)
Enterprise Value = 5.53b USD (883.5m + Debt 4.99b - CCE 339.0m)
Interest Coverage Ratio = 0.76 (Ebit TTM 259.0m / Interest Expense TTM 343.0m)
EV/FCF = -395.0x (Enterprise Value 5.53b / FCF TTM -14.0m)
FCF Yield = -0.25% (FCF TTM -14.0m / Enterprise Value 5.53b)
FCF Margin = -0.22% (FCF TTM -14.0m / Revenue TTM 6.36b)
Net Margin = -18.13% (Net Income TTM -1.15b / Revenue TTM 6.36b)
Gross Margin = 14.81% ((Revenue TTM 6.36b - Cost of Revenue TTM 5.42b) / Revenue TTM)
Gross Margin QoQ = 12.83% (prev 12.92%)
Tobins Q-Ratio = 0.68 (Enterprise Value 5.53b / Total Assets 8.09b)
Interest Expense / Debt = 6.88% (Interest Expense 343.0m / Debt 4.99b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 204.6m (EBIT 259.0m * (1 - 21.00%))
Current Ratio = 1.26 (Total Current Assets 2.45b / Total Current Liabilities 1.94b)
Debt / Equity = 13.02 (Debt 4.99b / totalStockholderEquity, last quarter 383.0m)
Debt / EBITDA = 6.19 (Net Debt 4.65b / EBITDA 751.0m)
Debt / FCF = -331.9 (out of range, set to none) (Net Debt 4.65b / FCF TTM -14.0m)
Total Stockholder Equity = 1.07b (last 4 quarters mean from totalStockholderEquity)
RoA = -13.35% (Net Income -1.15b / Total Assets 8.09b)
RoE = -107.8% (Net Income TTM -1.15b / Total Stockholder Equity 1.07b)
RoCE = 4.42% (EBIT 259.0m / Capital Employed (Equity 1.07b + L.T.Debt 4.79b))
RoIC = 3.40% (NOPAT 204.6m / Invested Capital 6.02b)
WACC = 5.90% (E(883.5m)/V(5.87b) * Re(8.50%) + D(4.99b)/V(5.87b) * Rd(6.88%) * (1-Tc(0.21)))
Discount Rate = 8.50% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -81.95 | Cagr: -1.52%
[DCF] Fair Price = unknown (Cash Flow -14.0m)
EPS Correlation: -66.16 | EPS CAGR: -32.24% | SUE: -1.56 | # QB: -2
Revenue Correlation: -93.17 | Revenue CAGR: -4.07% | SUE: -0.26 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.19 | Chg30d=-17.23% | Revisions=-73% | Analysts=8
EPS current Year (2026-12-31): EPS=0.50 | Chg30d=-11.99% | Revisions=-75% | GrowthEPS=-68.5% | GrowthRev=-0.7%
EPS next Year (2027-12-31): EPS=1.45 | Chg30d=-3.72% | Revisions=-75% | GrowthEPS=+187.7% | GrowthRev=+2.3%
[Analyst] Revisions Ratio: -90% (up=0, down=26)