O-I Glass: A Big Transformation Is Beginning

Jul. 03, 2025 1:35 PM ETO-I Glass, Inc. (OI) StockOI

Summary

  • O-I Glass remains a 'strong buy' due to its simple, essential business model and deeply discounted valuation despite recent share price gains.
  • Short-term financials are mixed, but management's 'Fit to Win' program and multi-phase growth strategy promise significant EBITDA and cash flow expansion by 2027 and 2029.
  • Shares are trading at lower multiples than peers, offering compelling value and the potential for multiple expansion as management executes its plan.
  • Even with conservative estimates, O-I Glass offers market-matching to market-beating upside, justifying my continued strong buy rating.
  • Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More »

A large number of green glass bottles for recycling in an orderly manner

Yuji Sakai

Back in January of this year, one company that I decided to upgrade from a ‘buy’ to a ‘strong buy’ was O-I Glass (NYSE:OI). If you are new to this business, it is worth mentioning

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This article was written by

34.47K Followers

Daniel is an avid and active professional investor.

He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham's investment philosophy and a contrarian approach to the market and the securities therein. Learn more.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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