Built from weaker models, sales multiples or analyst targets, so treat it as a rough guide.
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Valued as a loss-making company: Analyst consensus.
ACCE opinionO-I Glass Inc. Common Stock (OI)
Fair value (2 models)
Not available
ACCE price target
$6.50
Rating
Not rated
Horizon
12 months
ACCE price target published on 13 Oct 2026, 00:00 CEST.
Price used: $6.47 at the close on 23 Oct 2026, 22:00 CEST.
Models: Analyst consensus.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
34
out of 100
Analysts
44% buy
9 covering
P/E
0.0x
forward 4.8x
1-year return
-48.3%
Dividend yield
0.00%
O-I Glass Inc. Common Stock in four questions
Plain answers, details below
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Overview
ACCE thesis
O-I Glass makes glass containers for beer, wine, spirits, and food, operating a global network of furnaces in regions where glass bottles remain the primary packaging. The structural case rests on the high cost and energy intensity of building new glass capacity, which keeps incumbents' plants valuable even as demand from some end markets softens. The company is at the early stage of an operational turnaround, and the market is pricing it at a forward P/E of 4.5 with revenue shrinking 2.2% and a 118% negative return on equity, so the balance sheet and leverage deserve close scrutiny before anything else. Gross margin of 14.8% and operating margin of 7.2% suggest the cost structure is being rebuilt, but the score of 30/100 and absence from any index show the quality screen has not yet been passed. Worth a deeper look if you want exposure to a cheap, cyclical, asset-heavy packager, with the debt load and free cash flow conversion as the first two items to verify.
⚠ Investor warnings · 4 flagsAI-assisted·How I use AI
high
Earnings collapsing despite cash
Earnings fell 47.8% year over year and net margin is -18.2%, though FCF of $168M keeps the business funded. Score has slipped from 35 to 30 over 90 days.
high
Leveraged balance sheet
Debt/Equity of 3.86 leaves little cushion if operating margin of 7.2% weakens further. Negative ROE of -118.3% reflects the thin equity base.
moderate
Revenue shrinking
Revenue is down 2.2% year over year against a 5-year CAGR of only 1.1%, so top-line growth has stalled.
moderate
Heavy short interest
Short interest stands at 14.3% of the float, a meaningful bet against the stock that could amplify volatility.
AI research notes
AI-assisted·How I use AIWritten Oct 18, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
Free cash flow over the last twelve months reached $168M, and the stock's free cash flow yield is 18.8%.
The diluted share count fell 0.7% last fiscal year, so each remaining share holds a slightly larger claim on the business.
Why it could disappoint
Net margin is negative at -18.2%, and return on equity of -118.3% shows the business is losing money on shareholders' capital.
Debt to equity stands at 3.86, so lenders have far more claim on the company than shareholders do.
The latest earnings per share surprise was -59.1%, with 0.09 reported against 0.22 expected.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.
Next results
Oct 27, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle
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Valuation
INVESTOR
Where OI's valuation models land
Price
$6.47
Model fair valueConfidence: low
about $8.26
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Analyst consensus
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Quality
INVESTOR
Quality and conviction INVESTOR FEATURE
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