The a2 Milk Company (ACOPY) Fair Value & Analysis
Consumer Defensive · US · Market cap $2.8B
Fair value as of: Jun 24, 2026
From 26 valuation models · updated 6 days ago
Fair value updated Jun 24, 2026 — revised from $5.71 to $3.60 (−37.0%) since Jun 23, 2026. Share price +33.1% over the past month.
Price vs Fair Value (12 months)
12‑month range $2.87 – $5.11 · fair‑value band $2.94 – $4.51 · the $3.85 price screens above the $3.60 fair value. As of Jun 24, 2026.
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The a2 Milk Company (ACOPY) currently trades at $3.85, while our model-based Fair Value estimate is $3.60 — implying the stock looks roughly 6.5% overvalued today. We read business quality at 94/100 (high quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).
Over the trailing twelve months, The a2 Milk Company generated revenue of $2.1B at a net margin of 5.9%. Revenue grew 18.8% year over year. It earns a return on equity of 14.7%. The balance sheet holds a net cash position of $999M. Fundamentals as of Jun 24, 2026
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.
About the company
The a2 Milk Company Limited, together with its subsidiaries, sells A2-type protein type branded milk and related products in Australia, New Zealand, China, rest of Asia, and the United States. The company offers infant milk formula; other nutritional products and milk; manufactures and sells nutritional and ingredients products, as well as provides rent, royalty, and licensing services. It offers its products under the a2 Milk and a2 Platinum brands. The company was formerly known as A2 Corporation Limited and changed its name to The a2 Milk Company Limited in April 2014. The a2 Milk Company Limited was incorporated in 2000 and is based in Auckland, New Zealand.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
The a2 Milk Company reported revenue of $1.9B in FY2025 versus $1.2B in FY2021, a compound +12.0%/yr. Reported net income was $203M in FY2025, compounding +25.9%/yr from FY2021.
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.
Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.