Amcor PLC Ordinary Shares
AMCR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $45.50 | Ngcrj | Qqcdgjcq |
Amcor's Volume Decline Continues, but We Expect Stronger Second-Half Fiscal 2024 Earnings
Business Strategy and Outlook
Amcor’s strategy revolves around strategic acquisitions and divestments, market share growth, and investment in capacity and capabilities. We see several merits to its strategy that has led to organic and acquisitive growth, and average annual returns on invested capital of 12% over fiscal years 2019-23, comparing favorably against WACC of 8%.