The a2 Milk Company Limited (A2M) - Research

$13.890 0.29 (2.13%)

A2M General Information +

ASX Code A2M
Website http://www.thea2milkcompany.com
GICS Sub-Industry Packaged Foods & Meats
Market Cap ($M) 10,207
Current Price $13.890
Day High $13.890
Day Low $13.530
Last Close $13.600
Price Movement $0.29 ( 2.13% )
Prices as at 16:40, 27 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

A2M Company Overview

Business Description

The A2 Milk Company Limited (A2M) is engaged in the commercialisation of intellectual property relating to a2 brand milk and related products in New Zealand, Australia, and the United Kingdom. A2M also sources, produces and supplies a2 brand milk and milk related products in Australia. The product comprises of Liquid Milk, Infant Formula and other dairy products which include Cream and Yoghurt.

A2M Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 327.92 43.68 24.10% 31.14 0.00 0.00% 0.0%
2019 F 264.14 35.18 44.20% 38.66 0.00 0.00% 0.0%
2018 A 181.44 24.39 110.00% 33.31 0.00 0.00% 0.0%

A2M Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
The a2 Milk Company (A2M) $10,156M 1.0615 0.5195 0.1975 57.2968 37.7080 31.4878 0.00% 0.00% 0.65%
Bellamy's Australia (BAL) $901M 0.0325 -0.2473 0.1821 21.3710 28.3929 24.0181 0.00% 0.00% 0.63%
Bega Cheese (BGA) $1,054M -0.7589 -0.1300 0.1887 20.3383 23.3760 19.6649 2.23% 2.23% 2.64%
Freedom Foods Group (FNP) $1,405M 1.3740 0.0000 0.0000 56.3457 0.0000 0.0000 0.97% 0.00% 0.00%
Inghams Group (ING) $1,505M 0.7867 -0.1602 0.1130 11.6480 13.8699 12.4615 5.21% 4.54% 5.21%

A2M Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.56 37.20 19.50 1.07
Market 0.59 14.90 1.16 0.99
Sector 0.76 17.80 1.50 0.97

A2M Directors

Name Position Start Date
Ms Carla Jayne Hrdlicka Chief Executive Officer, Managing Director 16 Jul 2018
Mr David Hearn Executive Director, Executive Chairman 1 Feb 2014
Ms Julia Hoare Non-Executive Deputy Chairman, Non-Executive Director 1 Nov 2013
Mr Warwick Lynton Every-Burns Non-Executive Director 23 Aug 2016
Mr Peter Bruce Hinton Non-Executive Director 16 Feb 2016
Mr Jesse Jen-Wei Wu Non-Executive Director 16 May 2017

A2M Management

Name Position
Peter Nathan Chief Executive, Asia Pacific
Blake Waltrip Chief Executive, USA
Susan Massasso Chief Marketing Officer
Shareef Khan Chief Operating Officer
Jaron McVicar Company Secretary,General Counsel
Simon Hennessy General Manager, International Development
Michael Bracka Head of Business Development - Emerging Markets

A2M Substantial Shareholders

Holding Name
53,591,057 (7.34%) Commonwealth Bank of Australia

A2M Calendar of Events

Date Event
19 February 2020 Report (Interim)
21 August 2019 Report (Annual)
21 August 2019 Report (Prelim)

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