Owens-Illinois

Reuse > Recycle – Closing the loop on a cheap stock with long-term potential

November 21, 2019

In ESG investing, the sweet spot of idea generation includes the confluence of companies in transition, exhibiting noticeable improvement in sustainability characteristics (e.g. ESG momentum) and depressed valuation (e.g. opportunity for multiple expansion and / or earnings upside).

Herein, we explore the case for Owens-Illinois (OI), considering the following:

  • Valuation scenarios based on adjusting assumed terminal growth for environmental factors
  • The drivers of OI’s ESG momentum
  • The implication of regulatory action on plastic and carbon
Industry
Containers & Packaging

Material Categories
GHG Emissions
Lifecycle Impacts of Products and Services
Product Packaging