Sign up now and fund within 24h to get A$10.
Claim It Now
Stake logo

The a2 Milk Company Limited

1 day chart

Get A$10 trading credit to start you off

Sign up and fund a new Stake AUS account and enjoy an extra A$10 trading credit on us.

Sign up and fund a new Stake AUS account and get A$10 bonus trading credit.

T&Cs apply
Claim now
Get A$10 trading credit to start you off

About A2M

The A2 Milk Company Limited (A2M) is engaged in the sale of branded products in targeted markets made with milk from cows that produce milk naturally containing only the A2 protein type. The A2 Milk Company is a dairy nutritional's company, fuelled by its purpose to pioneer the future of dairy for good. The Company produces a portfolio of products made with milk from specially selected cows that naturally produce milk containing only the A2 beta casein protein type and no A1.

Buy Australian shares starting with A2M. Invest today with a CHESS-sponsored investing platform!

Sector

Consumer Staples

CEO

-

Industry

Food Products

Market Capitalisation

$5.05B

Price-earnings ratio

36.56

Dividend yield

-

High today

$7.15

Low today

$6.91

Open price

$7.10

52-week high

$7.37

52-week low

$3.70


Announcements





What does The a2 Milk Company Limited (A2m) do? 

Milk that proves that less is more.

Founded in 2000 and based in Auckland, New Zealand, The a2 Milk Company produces and sells infant nutrition, milk and other dairy products that only include A2 beta-casein proteins. Many other dairy company products include both A1 and A2 proteins. The absence of A1 proteins makes The a2 Milk Company’s products easier to consume and digest.

All of the company’s milk is naturally occurring and not a product of technological processes or genetic engineering. The company’s cows are fed a plant-based diet and are identified as A2 cows through a special scientific process. The cows are never fed any growth hormones.

How does The a2 Milk Company make money?

The a2 Milk Company (A2M) earns and records revenue primarily through three business segments based on the regions Australia and New Zealand (ANZ), China and Other Asia, and the USA.

The ANZ segment receives revenue from the sale of liquid milk, infant nutrition and other dairy products such as milk powders, light, no fat and creamier milk. The ANZ segment also earns rent, royalty and licence fee revenue.

The China and Other Asia segment receives revenue from the sale of infant nutrition, nutrition for mothers before, during and after pregnancy, adult milk powders and liquid milk.

In the USA segment, revenue is earned through the sale of whole milk, reduced fat milk, fat free milk and Hershey’s a2 chocolate milk.

The ANZ, China and Other Asia and USA segments account for 43%, 46% and 5% of revenue, respectively.

Is The a2 Milk Company profitable?

Yes, The a2 Milk Company is profitable. Through FY2018, FY2019 and FY2020 the company earned a net income of A$179.32m, A$275.4 and A$360.76m, respectively. 

However, COVID-19 related headwinds hurt the business throughout FY2021 resulting in a considerably smaller net income of A$75.07m. The company’s net income for the first half of FY2022 fell further to A$56.1m.

The a2 Milk Company currently has a net cash position of A$667.2m.

How do I buy A2M stock?

Stake offers a quick and easy way to purchase A2M shares – along with 2,000+ other Australian stocks and ASX ETFs – for a brokerage fee of only A$3.

Stake is CHESS sponsored, meaning that when you buy ASX shares, you get a HIN (Holder Identification Number) and stocks are held in your name.

With Stake, you can be in the market in under 5 minutes, whether it's the ASX or Wall St. If you’re interested in building your portfolio by adding A2M, sign up today.

Is A2M stock a buy?

The A2M stock price hit a high of over A$20 in July 2020. By April 2022, A2M stock had dropped over 75% to under A$5. Suffice to say, sentiment has been overwhelmingly negative.

The a2 Milk Company endured a lot of COVID-19 related headwinds between 2020 and 2021. As Australian borders were shut to the world, the ANZ segment’s reseller (daigou) and Cross Border e-Commerce (CBEC) channels collapsed. Revenue took a nosedive and the company began downgrading guidance. News of legal firms launching class actions against the company on behalf of unhappy stockholders and a dropping birth rate in China didn’t help the A2M share price.

However, some investors are getting bullish again. As COVID-19 impacts abate, A2M bulls are anticipating the return of Chinese travellers and in turn, the resuscitation of the ANZ segment’s reseller/daigou channel. The company acquired Mataura Valley Milk in 2021 and reported 45% growth in its Chinese label infant formula products in its FY2022 interim report.

Does A2M stock pay dividends?

No, A2M stock has not distributed dividends to shareholders. Historically, the company has reinvested its earnings for the purpose of growth.

Who owns A2M stock?

Institutions own the vast majority of A2M stock at 54.6% of the total float. The general public is holding 44.8%.

Some institutions with the largest ownership include Perpetual Limited (6.1%), Vanguard (5%), JO Hambro Capital Management (4.99%), BlackRock (4.97%), Goldman Sachs Group, Investment Banking and Securities Investments (4.39%), JPMorgan Chase & Co, Private Banking and Investment Banking Investments (4.03%) and Macquarie Group, Ltd., Banking & Securities Investments (3.39%).

Ready to start your investing journey with Stake?

Open an account

A2M FAQs

Yes, the Stake platform allows you to buy A2M shares and over 12,000 stocks and ETFs across the ASX and Wall St.

One share of The a2 Milk Company Limited is valued at $6.99.

The ticker symbol for The a2 Milk Company Limited is A2M.

To buy A2M stocks in Australia you'll need to open an account with an investing platform like Stake.
To do so follow these steps:
  1. Sign up in minutes, all you need is some I.D.
  2. Choose Stake AUS
  3. Deposit directly into your Stake wallet and you're ready to invest in A2M

The The a2 Milk Company Limited 52-week high stock price is $7.37.

The The a2 Milk Company Limited 52-week low stock price is $3.70.

As of 15/06/2024 The a2 Milk Company Limited has a market cap of $5.05B.

This does not constitute financial advice. You should do your own research before making an investment decision. Past performance is not a reliable indication of future performance. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.

Invest in A2M
on Stake

Buy A2M from AU$3 brokerage

Invest in 2,500+ Aussie stocks and ETFs

CHESS-sponsored ASX trades

Get started
Canstar award phone
A2M related stocks

Stake logo
Over 7,000 5-star reviews
App Store logoGoogle Play logo

Subscribe to our free newsletters

By subscribing, you agree to our Privacy Policy.

Stakeshop Pty Ltd, trading as Stake, ACN 610105505, is an authorised representative (Authorised Representative No. 1241398) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927) ('Sanlam') and an authorised representative (Authorised Representative No. 1241398) of Airwallex Pty Ltd (Australian Financial Services Licence No. 487221) ('Airwallex'). Stake is not authorised by Airwallex under Airwallex’s AFSL to arrange for clients to be issued with securities as Airwallex is not authorised under its AFSL for this purpose. Stake is not authorised by Sanlam under Sanlam’s AFSL to arrange for clients to be issued with a non-cash payment facility as Sanlam is not authorised under its AFSL for this purpose. Stake SMSF Pty Ltd (‘Stake Super’) is not licensed to provide financial product advice under the Corporations Act. This specifically applies to any financial products which are established if you instruct Stake Super to set up a self managed super fund (‘SMSF’). When you sign up to Stake Super, you are contracting with Stake SMSF Pty Ltd who will assist in the establishment of a SMSF under a ‘no advice model’. You will also be referred to Stakeshop Pty Ltd to enable your trading account and bank account to be set up in order to use the Stake Website and/or App. Stakeshop Pty Ltd will also run marketing and promotions to you under. For more information about SMSFs, see our SMSF Risks page.The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services. At Stake and Stake Super, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Any advice given by Stake is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please view our Financial Services GuideTerms & ConditionsPrivacy Policy and Disclaimers  before deciding to invest on or use Stake or Stake Super. By using our website or service in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance. Stake and Stake Super are registered trademarks in Australia.

Copyright © 2024 Stake. All rights reserved.