The a2 Milk Company Limited (A2M) - Research

$15.090
Prices as at 16:40, 23 Apr 2019

A2M Current Share Price+

Current Price $15.090
Open $14.730
High $15.130
Low $14.730
Last Close $15.090
Volume 1990529
Price Movement - ( No change )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

A2M General Information

The a2 Milk Company Limited
A2M
http://www.thea2milkcompany.com
Packaged Foods & Meats
11,066
735

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 331.07 44.10 24.10% 34.22 0.00 0.00% 0.0%
2019 F 266.68 35.52 45.60% 42.48 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) $10,766M 1.0615 0.5253 0.2077 60.7380 39.8206 32.9732 0.00% 0.38% 0.44%
Bellamy's Australia (BAL) $1,067M 0.0325 -0.2468 0.1931 25.2957 33.5832 28.1484 0.00% 0.00% 0.53%
Bega Cheese (BGA) $1,053M -0.7589 -0.0994 0.3550 20.3795 22.6294 16.7005 2.23% 2.23% 2.63%
Freedom Foods Group (FNP) $1,268M 1.3740 0.0000 0.0000 56.6740 0.0000 0.0000 0.97% 0.00% 0.00%
Inghams Group (ING) $1,658M 0.7867 -0.1602 0.1130 12.6833 15.1027 13.5692 4.78% 4.17% 4.78%

A2M Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.73 43.90 21.60 1.23
Market 0.71 14.70 1.20 1.07
Sector 0.89 20.30 1.57 1.19

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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