Ardagh Metal Packaging S.A. (AMBP) AI Stock Analysis

NYSE: AMBPAI research summary: business, growth, valuation, analysts, bull and bear case.

AMBP AI stock analysis summary

AI Research

Ardagh Metal Packaging S.A. (AMBP) is a Luxembourg-based supplier of metal beverage cans operating across Europe, the United States, and Brazil. While trailing twelve month revenue reached $5.99B with quarterly sales growing 17.7%, profitability remains thin with a profit margin of 0.7%. The company also carries significant leverage, with net debt standing at $4.16B and negative shareholders' equity of -$758.0M.

Market cap
$2.80B
Revenue (TTM)
$5.99B
P/E
93.6x
fwd 14.8x
1Y return
36.1%
S&P 500 16.8%
Avg. target
$5.04
7.8% vs last close

Bull case

  • Quarterly revenue grew 17.7% and quarterly earnings rose 75.0% year-over-year in the period ended June 30, 2026.
  • Free cash flow generation remained positive at $265.0M in FY2025, supporting a forward dividend yield of 8.55%.
  • The company has beaten EPS expectations in 4 of the last 4 quarters, with analysts projecting FY2026 EPS to increase 27.8% to $0.27.

Bear case

  • Total debt of $4.34B heavily outweighs cash of $189.0M, resulting in shareholders' equity of -$758.0M.
  • Trailing net profit margin is thin at 0.7%, while the stock trades at an elevated trailing P/E of 93.6x.
  • The dividend payout ratio stands at 148.2%, exceeding current earnings capacity.

What Ardagh Metal Packaging does

Ardagh Metal Packaging S.A., headquartered in Luxembourg, specializes in supplying metal beverage cans across Europe, the United States, and Brazil. As a subsidiary of Ardagh Group S.A., the company serves beverage producers globally by providing packaging solutions for beer, carbonated soft drinks, energy drinks, hard seltzers, juices, pre-mixed cocktails, teas, sparkling waters, and wine. The company focuses on sustainable packaging, emphasizing the recyclability of metal cans and using advanced technologies to improve material usage and energy efficiency.

Growth and profitability

Revenue increased from $4.05B in FY2021 to $5.50B in FY2025, representing a 5-year revenue CAGR of 9.8%. Profitability has fluctuated, recording a net loss of -$210.0M in FY2021, net income of $237.0M in FY2022, net losses of -$50.0M in FY2023 and -$3.0M in FY2024, before recovering to $11.0M in FY2025. Operating margin was 5.0% in FY2025, compared to 1.2% in FY2021. For the trailing twelve months, revenue reached $5.99B with an operating margin of 6.8% and net margin of 0.7%. In the latest quarter ended June 30, 2026, quarterly revenue grew 17.7% year-over-year while quarterly earnings expanded 75.0%.

AMBP income statement →

Balance sheet and cash flow

As of June 30, 2026, Ardagh Metal Packaging held $189.0M in cash and short-term investments against total debt of $4.34B, leaving net debt at $4.16B. The company reported negative shareholders' equity of -$758.0M against total assets of $5.57B, and a current ratio of 1.06. In FY2025, operating cash flow was $449.0M and free cash flow reached $265.0M. Capital expenditures used $184.0M, while the company allocated $289.0M to share buybacks and $262.0M to dividends paid.

AMBP balance sheet →

Valuation and performance

At a last close of $4.68, Ardagh Metal Packaging has a market capitalization of $2.80B and an enterprise value of $6.81B. It trades at a trailing P/E of 93.6x and a forward P/E of 14.8x, compared to medians of 18.0x and 14.1x for its US-listed Consumer Cyclical peers. The stock's EV/EBITDA is 9.5x versus the peer median of 11.1x, and its price-to-sales multiple is 0.5x versus 0.7x. Over the past year, AMBP rose 36.1%, outperforming the S&P 500's 16.8% gain, but its 5-year return of -22.7% lags the S&P 500 return of 83.0%.

AMBP key metrics →

AMBP dividend

Ardagh Metal Packaging pays a quarterly dividend with an annual forward payout of $0.40 per share, yielding 8.55%. The company has paid dividends for 5 consecutive years. However, its dividend payout ratio stands elevated at 148.2%, and total dividends paid in FY2025 were $262.0M. The most recent ex-dividend date was September 10, 2026.

AMBP dividend history →

What analysts expect

Wall Street coverage includes 1 Strong Buy, 6 Holds, and 1 Sell rating. The mean price target of $5.04 implies a 7.8% upside compared to the last close of $4.68. Analysts estimate FY2026 revenue of $6.17B and EPS of $0.27, representing 27.8% EPS growth. For FY2027, 8 analysts project revenue of $6.32B and EPS of $0.30. Ardagh Metal Packaging has beaten EPS estimates in each of the last 4 quarters, with next earnings scheduled for October 22, 2026.

AMBP forecast and price target →

Key risks and what to watch

  • High net debt of $4.16B poses balance sheet risk, especially with negative shareholders' equity of -$758.0M.
  • A 148.2% payout ratio could pressure capital allocation if free cash flow declines from FY2025 levels of $265.0M.
  • Concentration of ownership is high, with insiders holding 76.1% of the shares.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this AMBP AI stock analysis

This page is an AI-written research summary of Ardagh Metal Packaging S.A. (AMBP). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: AMBP income statement, AMBP balance sheet, AMBP key metrics, AMBP analyst forecast, AMBP chart. See the AMBP stock overview for the latest quote and news.

AMBP AI stock analysis FAQ

What is Ardagh Metal Packaging's dividend yield?

Ardagh Metal Packaging has an annual forward dividend of $0.40 per share, which equals a dividend yield of 8.55%. The payout ratio is 148.2%.

How much debt does Ardagh Metal Packaging carry?

As of June 30, 2026, the company had $4.34B in total debt and $189.0M in cash and short-term investments, resulting in net debt of $4.16B. Shareholders' equity is negative at -$758.0M.

What are analysts forecasting for AMBP earnings?

Analysts forecast FY2026 EPS of $0.27 and revenue of $6.17B. For FY2027, consensus estimates project EPS of $0.30 on revenue of $6.32B.

When is the next earnings release date for AMBP?

The next earnings report date is scheduled for October 22, 2026.

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