View ValuationOrsero 향후 성장Future 기준 점검 1/6Orsero (는) 각각 연간 6.2% 및 3.2% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 5.9% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 10% 로 예상됩니다.핵심 정보6.2%이익 성장률5.88%EPS 성장률Consumer Retailing 이익 성장10.1%매출 성장률3.2%향후 자기자본이익률9.99%애널리스트 커버리지Low마지막 업데이트15 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesReported Earnings • May 20First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: €389.2m (up 2.5% from 1Q 2025). Net income: €5.98m (down 14% from 1Q 2025). Profit margin: 1.5% (down from 1.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.공시 • Mar 19Orsero S.p.A. announces Annual dividend, payable on May 13, 2026Orsero S.p.A. announced Annual dividend of EUR 0.5000 per share payable on May 13, 2026, ex-date on May 11, 2026 and record date on May 12, 2026.공시 • Feb 16+ 2 more updatesOrsero S.p.A. to Report Fiscal Year 2025 Results on Mar 12, 2026Orsero S.p.A. announced that they will report fiscal year 2025 results on Mar 12, 2026공시 • Mar 18Orsero S.p.A. announces Annual dividend, payable on May 14, 2025Orsero S.p.A. announced Annual dividend of EUR 0.5000 per share payable on May 14, 2025, ex-date on May 12, 2025 and record date on May 13, 2025.공시 • Mar 17Orsero S.p.A., Annual General Meeting, Apr 29, 2025Orsero S.p.A., Annual General Meeting, Apr 29, 2025.공시 • Dec 24+ 3 more updatesOrsero S.p.A. to Report Fiscal Year 2024 Results on Mar 13, 2025Orsero S.p.A. announced that they will report fiscal year 2024 results on Mar 13, 2025New Risk • Nov 17New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Profit margins are more than 30% lower than last year (1.7% net profit margin).Reported Earnings • Sep 13Second quarter 2024 earnings released: EPS: €0.59 (vs €1.13 in 2Q 2023)Second quarter 2024 results: EPS: €0.59 (down from €1.13 in 2Q 2023). Revenue: €406.2m (down 2.4% from 2Q 2023). Net income: €10.0m (down 48% from 2Q 2023). Profit margin: 2.5% (down from 4.7% in 2Q 2023). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 08First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €337.9m (down 2.7% from 1Q 2023). Net income: €4.61m (down 63% from 1Q 2023). Profit margin: 1.4% (down from 3.6% in 1Q 2023). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 06Upcoming dividend of €0.60 per shareEligible shareholders must have bought the stock before 13 May 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (4.1%).Reported Earnings • Mar 14Full year 2023 earnings released: EPS: €2.76 (vs €1.87 in FY 2022)Full year 2023 results: EPS: €2.76 (up from €1.87 in FY 2022). Revenue: €1.54b (up 29% from FY 2022). Net income: €47.3m (up 47% from FY 2022). Profit margin: 3.1% (up from 2.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €14.54, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Consumer Retailing industry in Europe. Total returns to shareholders of 140% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €23.78 per share.공시 • Dec 23+ 4 more updatesOrsero S.p.A. to Report Fiscal Year 2023 Results on Mar 13, 2024Orsero S.p.A. announced that they will report fiscal year 2023 results on Mar 13, 2024Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €399.3m (up 26% from 3Q 2022). Net income: €15.2m (up 52% from 3Q 2022). Profit margin: 3.8% (up from 3.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Consumer Retailing industry in Europe.Reported Earnings • Sep 14Second quarter 2023 earnings released: EPS: €1.13 (vs €0.66 in 2Q 2022)Second quarter 2023 results: EPS: €1.13 (up from €0.66 in 2Q 2022). Revenue: €416.1m (up 33% from 2Q 2022). Net income: €19.4m (up 69% from 2Q 2022). Profit margin: 4.7% (up from 3.7% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 16First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: €347.3m (up 32% from 1Q 2022). Net income: €12.5m (up 58% from 1Q 2022). Profit margin: 3.6% (up from 3.0% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Retailing industry in Europe.Upcoming Dividend • May 01Upcoming dividend of €0.35 per share at 2.8% yieldEligible shareholders must have bought the stock before 08 May 2023. Payment date: 10 May 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.3%).Reported Earnings • Mar 16Full year 2022 earnings released: EPS: €1.87 (vs €1.05 in FY 2021)Full year 2022 results: EPS: €1.87 (up from €1.05 in FY 2021). Revenue: €1.20b (up 12% from FY 2021). Net income: €32.3m (up 76% from FY 2021). Profit margin: 2.7% (up from 1.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Chair of Board of Statutory Auditors Giorgio Grosso was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.공시 • Dec 17+ 4 more updatesOrsero S.p.A. to Report First Half, 2023 Results on Sep 13, 2023Orsero S.p.A. announced that they will report first half, 2023 results on Sep 13, 2023Reported Earnings • Nov 12Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: €318.1m (up 15% from 3Q 2021). Net income: €9.97m (up 39% from 3Q 2021). Profit margin: 3.1% (up from 2.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Retailing industry in Europe.Reported Earnings • Sep 13Second quarter 2022 earnings released: EPS: €0.66 (vs €0.19 in 2Q 2021)Second quarter 2022 results: EPS: €0.66 (up from €0.19 in 2Q 2021). Revenue: €312.2m (up 14% from 2Q 2021). Net income: €11.5m (up 247% from 2Q 2021). Profit margin: 3.7% (up from 1.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.공시 • Jul 29+ 1 more updateOrsero S.p.A. (BIT:ORS) signed exclusivity agreement to acquire CAPEXO S.a.s. from Vincent Soler and Jean-Luc Maury for €44.6 million.Orsero S.p.A. (BIT:ORS) signed exclusivity agreement to acquire CAPEXO S.a.s. from Vincent Soler and Jean-Luc Maury for €44.6 million on July 27, 2022. The consideration for the acquisition is equal to a total of about €44.6 million of which €33 million to be paid on signing (base price) and about €11.6 million to be paid as earn-out in 3 annual tranches of equal amount subject to the achievement of profitability targets set for the 12 months which will end on June 30, 2023, 2024 and 2025 respectively. The base price is subject to a possible price adjustment if the net financial position of Capexo (net liquidity) as of August 31, 2022 will be higher than the net financial position of Capexo (net liquidity) estimated in €2 million for the purpose of calculating the consideration above. The operations are expected to be financed partly through Orsero’s available financial resources and partly through a bank loan. CAPEXO achieved revenues of approximately €66 million at the end og June 30, 2021, employing a staff of about 55 people. Vincent Soler and Jean Luc Maury, who will also continue to hold the positions of President and General Manager respectively, for a period of 3 years (with option for a further 2) as well as a non-competition agreement. The acquisition is subject to obtaining a loan intended, among other things, for the acquisitions of the Orsero Group, the issuance of any legal authorizations (regarding antitrust and the regulation of foreign investments) and the obligations provided for by the French law in favour of employees in the event of the sale of the company. It is expected that, upon the occurrence of the foreseen conditions, the closing of the transaction may take place in the last quarter of 2022.Reported Earnings • May 15First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: €264.0m (up 9.9% from 1Q 2021). Net income: €7.90m (up 68% from 1Q 2021). Profit margin: 3.0% (up from 2.0% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.6%, compared to a 7.6% growth forecast for the industry in Germany.Upcoming Dividend • May 02Upcoming dividend of €0.30 per shareEligible shareholders must have bought the stock before 09 May 2022. Payment date: 11 May 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.1%). Lower than average of industry peers (4.2%).Reported Earnings • Mar 18Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €1.05. Revenue: €1.07b (up 2.7% from FY 2020). Net income: €18.3m (up 50% from FY 2020). Profit margin: 1.7% (up from 1.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 5.5%, compared to a 7.1% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 08Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €11.30, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Consumer Retailing industry in Europe. Total returns to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.72 per share.공시 • Mar 06+ 3 more updatesOrsero S.p.A. to Report Q2, 2022 Results on Sep 12, 2022Orsero S.p.A. announced that they will report Q2, 2022 results on Sep 12, 2022Buying Opportunity • Feb 11Now 21% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be €16.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% per annum over the last 3 years. Earnings per share has grown by 26% per annum over the last 3 years.Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improved over the past weekAfter last week's 17% share price gain to €12.55, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Consumer Retailing industry in Europe. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.03 per share.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS €0.41 (vs €0.33 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €275.9m (up 3.0% from 3Q 2020). Net income: €7.19m (up 24% from 3Q 2020). Profit margin: 2.6% (up from 2.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 15Second quarter 2021 earnings released: EPS €0.19 (vs €0.26 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €272.8m (down 2.5% from 2Q 2020). Net income: €3.31m (down 26% from 2Q 2020). Profit margin: 1.2% (down from 1.6% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • May 03Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 10 May 2021. Payment date: 12 May 2021. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (4.3%).Reported Earnings • Apr 04Full year 2020 earnings released: EPS €0.71 (vs €0.12 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €1.04b (up 3.6% from FY 2019). Net income: €12.2m (up €10.2m from FY 2019). Profit margin: 1.2% (up from 0.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 18Full year 2020 earnings released: EPS €0.71 (vs €0.12 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €1.04b (up 3.6% from FY 2019). Net income: €12.3m (up €10.2m from FY 2019). Profit margin: 1.2% (up from 0.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.공시 • Mar 16Orsero S.p.A. to Report Fiscal Year 2020 Results on Mar 16, 2021Orsero S.p.A. announced that they will report fiscal year 2020 results on Mar 16, 2021Is New 90 Day High Low • Feb 13New 90-day high: €6.70The company is up 11% from its price of €6.04 on 13 November 2020. The German market is also up 11% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Consumer Retailing industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.68 per share.Is New 90 Day High Low • Nov 24New 90-day high: €6.54The company is up 8.0% from its price of €6.06 on 25 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.89 per share.Reported Earnings • Sep 19First half earnings releasedOver the last 12 months the company has reported total profits of €7.12m, up 103% from the prior year. Total revenue was €1.03b over the last 12 months, up 5.9% from the prior year.공시 • Sep 11Orsero S.p.A. (BIT:ORS) completed the acquisition of remaining 50% stake in Moncada Frutta Srl from the local partners.Orsero S.p.A. (BIT:ORS) entered into an agreement to acquire the remaining 50% stake in Moncada Frutta Srl from the local partners for €1.2 million on July 29, 2020. Orsero transferred 176,825 shares as consideration to sellers. The agreement also provides for a payment in cash, variable and deferred until 2030, of a maximum of € 0.5 million in 3 equal annual installments , subject to the fact that in the reference financial statements of Moncada Frutta on each occasion there is a profit distributable to shareholders. The shares issued are subject to a lock-up agreement. The consideration of the acquisition, in the deferred and variable cash component, will be financed using Orsero’s own financial resources. In 2019, Moncada Frutta achieved revenues of approximately €16.8 million with an Adjusted Ebitda of approximately €0.7 million. The net financial position is essentially neutral. The transaction is expected to complete by September 2020. Orsero S.p.A. (BIT:ORS) completed the acquisition of remaining 50% stake in Moncada Frutta Srl from the local partners on September 10, 2020.공시 • Jul 31Orsero S.p.A. (BIT:ORS) entered into an agreement to acquire the remaining 50% stake in Moncada Frutta Srl from the local partners.Orsero S.p.A. (BIT:ORS) entered into an agreement to acquire the remaining 50% stake in Moncada Frutta Srl from the local partners on July 29, 2020. The transaction is expected to complete by September 2020.이익 및 매출 성장 예측DB:WRG - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20281,888335545212/31/20271,774314550412/31/20261,72528434423/31/20261,710284465N/A12/31/20251,701293556N/A9/30/20251,692322348N/A6/30/20251,672313160N/A3/31/20251,613293460N/A12/31/20241,571273865N/A9/30/20241,533264465N/A6/30/20241,521304358N/A3/31/20241,5313911052N/A12/31/20231,541476275N/A9/30/20231,465505570N/A6/30/20231,384455370N/A3/31/20231,28037-4157N/A12/31/20221,196322655N/A9/30/20221,175321153N/A6/30/20221,133301958N/A3/31/20221,094213163N/A12/31/20211,070182455N/A9/30/20211,042163961N/A6/30/20211,034142752N/A3/31/20211,041153153N/A12/31/20201,04212-438N/A9/30/20201,04613551N/A6/30/20201,0347-942N/A3/31/20201,0235-3038N/A12/31/20191,0062N/A25N/A9/30/20199902N/A8N/A6/30/20199764N/A21N/A3/31/20199414N/A8N/A12/31/20189538N/A32N/A9/30/201894313N/A27N/A6/30/201893418N/A23N/A3/31/201887615N/A18N/A12/31/201781913N/A14N/A9/30/20177618N/A0N/A6/30/20177022N/A-14N/A3/31/201769410N/A1N/A12/31/201668517N/A16N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: WRG 의 연간 예상 수익 증가율(6.2%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: WRG 의 연간 수익(6.2%)이 German 시장(17.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: WRG 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: WRG 의 수익(연간 3.2%)이 German 시장(연간 6.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: WRG 의 수익(연간 3.2%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: WRG의 자본 수익률은 3년 후 10%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-retailing 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/09 04:56종가2026/06/09 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Orsero S.p.A.는 6명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Andrea BonfaBanca Akros S.p.A. (ESN)Dario MichiBNP ParibasGianluca MozzaliCFO SIM S.p.A.3명의 분석가 더 보기
Reported Earnings • May 20First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: €389.2m (up 2.5% from 1Q 2025). Net income: €5.98m (down 14% from 1Q 2025). Profit margin: 1.5% (down from 1.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
공시 • Mar 19Orsero S.p.A. announces Annual dividend, payable on May 13, 2026Orsero S.p.A. announced Annual dividend of EUR 0.5000 per share payable on May 13, 2026, ex-date on May 11, 2026 and record date on May 12, 2026.
공시 • Feb 16+ 2 more updatesOrsero S.p.A. to Report Fiscal Year 2025 Results on Mar 12, 2026Orsero S.p.A. announced that they will report fiscal year 2025 results on Mar 12, 2026
공시 • Mar 18Orsero S.p.A. announces Annual dividend, payable on May 14, 2025Orsero S.p.A. announced Annual dividend of EUR 0.5000 per share payable on May 14, 2025, ex-date on May 12, 2025 and record date on May 13, 2025.
공시 • Mar 17Orsero S.p.A., Annual General Meeting, Apr 29, 2025Orsero S.p.A., Annual General Meeting, Apr 29, 2025.
공시 • Dec 24+ 3 more updatesOrsero S.p.A. to Report Fiscal Year 2024 Results on Mar 13, 2025Orsero S.p.A. announced that they will report fiscal year 2024 results on Mar 13, 2025
New Risk • Nov 17New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Profit margins are more than 30% lower than last year (1.7% net profit margin).
Reported Earnings • Sep 13Second quarter 2024 earnings released: EPS: €0.59 (vs €1.13 in 2Q 2023)Second quarter 2024 results: EPS: €0.59 (down from €1.13 in 2Q 2023). Revenue: €406.2m (down 2.4% from 2Q 2023). Net income: €10.0m (down 48% from 2Q 2023). Profit margin: 2.5% (down from 4.7% in 2Q 2023). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 08First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €337.9m (down 2.7% from 1Q 2023). Net income: €4.61m (down 63% from 1Q 2023). Profit margin: 1.4% (down from 3.6% in 1Q 2023). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 06Upcoming dividend of €0.60 per shareEligible shareholders must have bought the stock before 13 May 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (4.1%).
Reported Earnings • Mar 14Full year 2023 earnings released: EPS: €2.76 (vs €1.87 in FY 2022)Full year 2023 results: EPS: €2.76 (up from €1.87 in FY 2022). Revenue: €1.54b (up 29% from FY 2022). Net income: €47.3m (up 47% from FY 2022). Profit margin: 3.1% (up from 2.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €14.54, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Consumer Retailing industry in Europe. Total returns to shareholders of 140% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €23.78 per share.
공시 • Dec 23+ 4 more updatesOrsero S.p.A. to Report Fiscal Year 2023 Results on Mar 13, 2024Orsero S.p.A. announced that they will report fiscal year 2023 results on Mar 13, 2024
Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €399.3m (up 26% from 3Q 2022). Net income: €15.2m (up 52% from 3Q 2022). Profit margin: 3.8% (up from 3.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Consumer Retailing industry in Europe.
Reported Earnings • Sep 14Second quarter 2023 earnings released: EPS: €1.13 (vs €0.66 in 2Q 2022)Second quarter 2023 results: EPS: €1.13 (up from €0.66 in 2Q 2022). Revenue: €416.1m (up 33% from 2Q 2022). Net income: €19.4m (up 69% from 2Q 2022). Profit margin: 4.7% (up from 3.7% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 16First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: €347.3m (up 32% from 1Q 2022). Net income: €12.5m (up 58% from 1Q 2022). Profit margin: 3.6% (up from 3.0% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Retailing industry in Europe.
Upcoming Dividend • May 01Upcoming dividend of €0.35 per share at 2.8% yieldEligible shareholders must have bought the stock before 08 May 2023. Payment date: 10 May 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.3%).
Reported Earnings • Mar 16Full year 2022 earnings released: EPS: €1.87 (vs €1.05 in FY 2021)Full year 2022 results: EPS: €1.87 (up from €1.05 in FY 2021). Revenue: €1.20b (up 12% from FY 2021). Net income: €32.3m (up 76% from FY 2021). Profit margin: 2.7% (up from 1.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.
Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Chair of Board of Statutory Auditors Giorgio Grosso was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
공시 • Dec 17+ 4 more updatesOrsero S.p.A. to Report First Half, 2023 Results on Sep 13, 2023Orsero S.p.A. announced that they will report first half, 2023 results on Sep 13, 2023
Reported Earnings • Nov 12Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: €318.1m (up 15% from 3Q 2021). Net income: €9.97m (up 39% from 3Q 2021). Profit margin: 3.1% (up from 2.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Retailing industry in Europe.
Reported Earnings • Sep 13Second quarter 2022 earnings released: EPS: €0.66 (vs €0.19 in 2Q 2021)Second quarter 2022 results: EPS: €0.66 (up from €0.19 in 2Q 2021). Revenue: €312.2m (up 14% from 2Q 2021). Net income: €11.5m (up 247% from 2Q 2021). Profit margin: 3.7% (up from 1.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
공시 • Jul 29+ 1 more updateOrsero S.p.A. (BIT:ORS) signed exclusivity agreement to acquire CAPEXO S.a.s. from Vincent Soler and Jean-Luc Maury for €44.6 million.Orsero S.p.A. (BIT:ORS) signed exclusivity agreement to acquire CAPEXO S.a.s. from Vincent Soler and Jean-Luc Maury for €44.6 million on July 27, 2022. The consideration for the acquisition is equal to a total of about €44.6 million of which €33 million to be paid on signing (base price) and about €11.6 million to be paid as earn-out in 3 annual tranches of equal amount subject to the achievement of profitability targets set for the 12 months which will end on June 30, 2023, 2024 and 2025 respectively. The base price is subject to a possible price adjustment if the net financial position of Capexo (net liquidity) as of August 31, 2022 will be higher than the net financial position of Capexo (net liquidity) estimated in €2 million for the purpose of calculating the consideration above. The operations are expected to be financed partly through Orsero’s available financial resources and partly through a bank loan. CAPEXO achieved revenues of approximately €66 million at the end og June 30, 2021, employing a staff of about 55 people. Vincent Soler and Jean Luc Maury, who will also continue to hold the positions of President and General Manager respectively, for a period of 3 years (with option for a further 2) as well as a non-competition agreement. The acquisition is subject to obtaining a loan intended, among other things, for the acquisitions of the Orsero Group, the issuance of any legal authorizations (regarding antitrust and the regulation of foreign investments) and the obligations provided for by the French law in favour of employees in the event of the sale of the company. It is expected that, upon the occurrence of the foreseen conditions, the closing of the transaction may take place in the last quarter of 2022.
Reported Earnings • May 15First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: €264.0m (up 9.9% from 1Q 2021). Net income: €7.90m (up 68% from 1Q 2021). Profit margin: 3.0% (up from 2.0% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.6%, compared to a 7.6% growth forecast for the industry in Germany.
Upcoming Dividend • May 02Upcoming dividend of €0.30 per shareEligible shareholders must have bought the stock before 09 May 2022. Payment date: 11 May 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.1%). Lower than average of industry peers (4.2%).
Reported Earnings • Mar 18Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €1.05. Revenue: €1.07b (up 2.7% from FY 2020). Net income: €18.3m (up 50% from FY 2020). Profit margin: 1.7% (up from 1.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 5.5%, compared to a 7.1% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €11.30, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Consumer Retailing industry in Europe. Total returns to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.72 per share.
공시 • Mar 06+ 3 more updatesOrsero S.p.A. to Report Q2, 2022 Results on Sep 12, 2022Orsero S.p.A. announced that they will report Q2, 2022 results on Sep 12, 2022
Buying Opportunity • Feb 11Now 21% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be €16.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% per annum over the last 3 years. Earnings per share has grown by 26% per annum over the last 3 years.
Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improved over the past weekAfter last week's 17% share price gain to €12.55, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Consumer Retailing industry in Europe. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.03 per share.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS €0.41 (vs €0.33 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €275.9m (up 3.0% from 3Q 2020). Net income: €7.19m (up 24% from 3Q 2020). Profit margin: 2.6% (up from 2.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 15Second quarter 2021 earnings released: EPS €0.19 (vs €0.26 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €272.8m (down 2.5% from 2Q 2020). Net income: €3.31m (down 26% from 2Q 2020). Profit margin: 1.2% (down from 1.6% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • May 03Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 10 May 2021. Payment date: 12 May 2021. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (4.3%).
Reported Earnings • Apr 04Full year 2020 earnings released: EPS €0.71 (vs €0.12 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €1.04b (up 3.6% from FY 2019). Net income: €12.2m (up €10.2m from FY 2019). Profit margin: 1.2% (up from 0.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 18Full year 2020 earnings released: EPS €0.71 (vs €0.12 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €1.04b (up 3.6% from FY 2019). Net income: €12.3m (up €10.2m from FY 2019). Profit margin: 1.2% (up from 0.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
공시 • Mar 16Orsero S.p.A. to Report Fiscal Year 2020 Results on Mar 16, 2021Orsero S.p.A. announced that they will report fiscal year 2020 results on Mar 16, 2021
Is New 90 Day High Low • Feb 13New 90-day high: €6.70The company is up 11% from its price of €6.04 on 13 November 2020. The German market is also up 11% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Consumer Retailing industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.68 per share.
Is New 90 Day High Low • Nov 24New 90-day high: €6.54The company is up 8.0% from its price of €6.06 on 25 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.89 per share.
Reported Earnings • Sep 19First half earnings releasedOver the last 12 months the company has reported total profits of €7.12m, up 103% from the prior year. Total revenue was €1.03b over the last 12 months, up 5.9% from the prior year.
공시 • Sep 11Orsero S.p.A. (BIT:ORS) completed the acquisition of remaining 50% stake in Moncada Frutta Srl from the local partners.Orsero S.p.A. (BIT:ORS) entered into an agreement to acquire the remaining 50% stake in Moncada Frutta Srl from the local partners for €1.2 million on July 29, 2020. Orsero transferred 176,825 shares as consideration to sellers. The agreement also provides for a payment in cash, variable and deferred until 2030, of a maximum of € 0.5 million in 3 equal annual installments , subject to the fact that in the reference financial statements of Moncada Frutta on each occasion there is a profit distributable to shareholders. The shares issued are subject to a lock-up agreement. The consideration of the acquisition, in the deferred and variable cash component, will be financed using Orsero’s own financial resources. In 2019, Moncada Frutta achieved revenues of approximately €16.8 million with an Adjusted Ebitda of approximately €0.7 million. The net financial position is essentially neutral. The transaction is expected to complete by September 2020. Orsero S.p.A. (BIT:ORS) completed the acquisition of remaining 50% stake in Moncada Frutta Srl from the local partners on September 10, 2020.
공시 • Jul 31Orsero S.p.A. (BIT:ORS) entered into an agreement to acquire the remaining 50% stake in Moncada Frutta Srl from the local partners.Orsero S.p.A. (BIT:ORS) entered into an agreement to acquire the remaining 50% stake in Moncada Frutta Srl from the local partners on July 29, 2020. The transaction is expected to complete by September 2020.