Amcor Plc vs Ball Corp

Amcor Plc (AMCR) is slightly undervalued and Ball Corp (BALL) is overvalued.

Against our estimates of intrinsic value, AMCR trades at the wider discount: a margin of safety of +13%, against -20% for BALL.

Values as of the 22 Sept 2026 close.

Amcor Plc (AMCR)

Discounting its cash flows at 7.1% (average of 3 methods) values the shares at $49.91; the price of $43.24 is 13% below that value, and 83% of that value comes from beyond year five.

Leak Score 30/100 on 2 of 12 signals

Ball Corp (BALL)

Discounting its cash flows at 8.4% (average of 3 methods) values the shares at $49.92; the price of $59.97 is 20% above that value, and 78% of that value comes from beyond year five.

Leak Score 14/100 on 3 of 12 signals

MetricAMCRBALL
VerdictSlightly undervaluedOvervalued
Price$43.24$59.97
Intrinsic value$49.91$49.92
Margin of safety+13%-20%
Leak Score30/100 (2/12)14/100 (3/12)
Market cap$20.0B$15.9B
Revenue growth, 5 years12.8%2.3%
Operating margin8.6%11.5%
Net margin4.7%6.6%
Return on equity9.4%17.3%
Debt to equity1.281.32
P/E18.1x17.1x
Forward P/E13.3x
P/B1.7x2.8x
Dividend yield6.0%1.3%

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