Head-To-Head Analysis: O-I Glass (NYSE:OI) vs. Asahi Glass (OTCMKTS:ASGLY)

Asahi Glass (OTCMKTS:ASGLY) and O-I Glass (NYSE:OI) are both mid-cap industrials companies, but which is the better investment? We will compare the two companies based on the strength of their risk, earnings, institutional ownership, dividends, analyst recommendations, valuation and profitability.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Asahi Glass and O-I Glass, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Asahi Glass	0	0	0	0	0.00
O-I Glass	0	2	6	0	2.75

O-I Glass has a consensus price target of $15.88, indicating a potential upside of 13.17%. Given O-I Glass’ stronger consensus rating and higher probable upside, analysts plainly believe O-I Glass is more favorable than Asahi Glass.

Profitability

This table compares Asahi Glass and O-I Glass’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Asahi Glass	-3.10%	-3.91%	-2.24%
O-I Glass	-2.98%	8.48%	1.31%

Volatility and Risk

Asahi Glass has a beta of 0.38, indicating that its stock price is 62% less volatile than the S&P 500. Comparatively, O-I Glass has a beta of 0.96, indicating that its stock price is 4% less volatile than the S&P 500.

Earnings and Valuation

This table compares Asahi Glass and O-I Glass”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Asahi Glass	$13.68 billion	0.44	-$620.68 million	($0.40)	-13.85
O-I Glass	$6.53 billion	0.33	-$106.00 million	($1.26)	-11.13

O-I Glass has lower revenue, but higher earnings than Asahi Glass. Asahi Glass is trading at a lower price-to-earnings ratio than O-I Glass, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

97.2% of O-I Glass shares are held by institutional investors. 0.9% of O-I Glass shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

O-I Glass beats Asahi Glass on 11 of the 14 factors compared between the two stocks.

About Asahi Glass

AGC Inc. manufactures and sells glass, automotive, electronics, chemicals, and ceramics worldwide. The company offers architectural glass products, including laminated, insulating, wired, solar control, toughened, decorative, sound insulation, float and patterned, and industrial glasses; structural glazing systems; and automotive glass, such as laminated, tempered, and privacy glasses, as well as integrated glass antennas and module assembly windows. It also provides glass substrates for thin-film-transistor liquid crystal displays and OLEDs; synthetic fused silica glass, synthetic quartz crystals, silicon carbides, CMP slurry, through glass Vias, high refractive index glass, diffusers, glass ceramics substrates, optical planar devices, IR cut filters, aspherical glass and molded lens, and micro lens array products; polycarbonate and optical sheets, thin sheets, and films; and glass frits and pastes, as well as glass substrates for semiconductor packaging and other electronic materials. In addition, the company offers cover glass for smartphones and tablet devices; glass substrates for photovoltaic devices and touch panels; specialty glass; extra clear float glass; transparent conductive oxide glass for a-Si type solar module; and ultra-thin glass for electronics devices. Further, it provides chlor-alkali, polyurethanes, fluoro, and specialty chemical products; high thermal insulation ceramics wall for furnaces; and ceramic beads, sputtering targets, abrasion resistant ceramics, alumina cement, engineering fine ceramics, and ceramics molding agents for 3D printers. Additionally, the company engages in the digital signage on glass, copper clad laminate, and plastic optical fiber businesses; and gas and solvents, and life Science businesses. The company was formerly known as Asahi Glass Co., Ltd. and changed its name to AGC Inc. in July 2018. AGC Inc. was founded in 1907 and is headquartered in Tokyo, Japan.

About O-I Glass

O-I Glass, Inc., through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally. The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. It is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. In addition, the company offers glass containers in a range of sizes, shapes, and colors. It sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. O-I Glass, Inc. was founded in 1903 and is based in Perrysburg, Ohio.