Amcor Plc (AMCR) is slightly undervalued and International Paper Co (IP) is slightly undervalued.
Against our estimates of intrinsic value, AMCR trades at the wider discount: a margin of safety of +13%, against +9% for IP.
Values as of the 22 Sept 2026 close.
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
Discounting its cash flows at 8.2% (average of 2 methods) values the shares at $39.36; the price of $35.71 is 9% below that value, and 78% of that value comes from beyond year five.
Leak Score 27/100 on 8 of 12 signals
| Metric | AMCR | IP |
|---|---|---|
| Verdict | Slightly undervalued | Slightly undervalued |
| Price | $43.24 | $35.71 |
| Intrinsic value | $49.91 | $39.36 |
| Margin of safety | +13% | +9% |
| Leak Score | 30/100 (2/12) | 27/100 (8/12) |
| Market cap | $20.0B | $18.9B |
| Revenue growth, 5 years | 12.8% | 6.1% |
| Operating margin | 8.6% | 0.9% |
| Net margin | 4.7% | -14.1% |
| Return on equity | 9.4% | -16.5% |
| Debt to equity | 1.28 | 0.83 |
| P/E | 18.1x | — |
| Forward P/E | — | 11.8x |
| P/B | 1.7x | 1.3x |
| Dividend yield | 6.0% | 5.3% |