Cobram Estate Olives Limited farms, produces, markets, and sells extra virgin olive oil.
Cobram Estate Olives Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$2.00|
|52 Week High||AU$1.81|
|52 Week Low||AU$2.21|
|1 Month Change||0%|
|3 Month Change||n/a|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||7.53%|
Recent News & Updates
|CBO||AU Food||AU Market|
Return vs Industry: Insufficient data to determine how CBO performed against the Australian Food industry.
Return vs Market: Insufficient data to determine how CBO performed against the Australian Market.
Stable Share Price: CBO is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: Insufficient data to determine CBO's volatility change over the past year.
About the Company
Cobram Estate Olives Limited farms, produces, markets, and sells extra virgin olive oil. It also operates an olive tree nursery that wholesales and supplies olive trees; and engages in the planting, growing, and cultivating of olive trees to produce olive products. In addition, the company provides olive oil bottling and storage services; and laboratory services, including technical, chemical tests, sensory analysis, and blending advice services.
Cobram Estate Olives Fundamentals Summary
|CBO fundamental statistics|
Is CBO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CBO income statement (TTM)|
|Cost of Revenue||AU$56.17m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.084|
|Net Profit Margin||23.27%|
How did CBO perform over the long term?See historical performance and comparison
Is Cobram Estate Olives undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CBO (A$2) is trading below our estimate of fair value (A$3.03)
Significantly Below Fair Value: CBO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CBO is poor value based on its PE Ratio (23.7x) compared to the Australian Food industry average (19.3x).
PE vs Market: CBO is poor value based on its PE Ratio (23.7x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: CBO's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CBO is overvalued based on its PB Ratio (4.1x) compared to the AU Food industry average (1.6x).
How is Cobram Estate Olives forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CBO's earnings are forecast to decline over the next 3 years (-0.6% per year).
Earnings vs Market: CBO's earnings are forecast to decline over the next 3 years (-0.6% per year).
High Growth Earnings: CBO's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CBO's revenue (14.6% per year) is forecast to grow faster than the Australian market (5.4% per year).
High Growth Revenue: CBO's revenue (14.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CBO's Return on Equity is forecast to be low in 3 years time (4.4%).
How has Cobram Estate Olives performed over the past 5 years?
Last years revenue growth
Earnings and Revenue History
Quality Earnings: CBO has high quality earnings.
Growing Profit Margin: CBO became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if CBO's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare CBO's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: CBO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (45.2%).
Return on Equity
High ROE: CBO's Return on Equity (17.1%) is considered low.
How is Cobram Estate Olives's financial position?
Financial Position Analysis
Short Term Liabilities: CBO's short term assets (A$135.8M) exceed its short term liabilities (A$33.8M).
Long Term Liabilities: CBO's short term assets (A$135.8M) do not cover its long term liabilities (A$224.1M).
Debt to Equity History and Analysis
Debt Level: CBO's debt to equity ratio (90.8%) is considered high.
Reducing Debt: Insufficient data to determine if CBO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CBO's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: CBO's interest payments on its debt are well covered by EBIT (19.4x coverage).
What is Cobram Estate Olives's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CBO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CBO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CBO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CBO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CBO's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Leandro Ravetti serves as Joint-Chief Executive Officer (Technical and Production) at Cobram Estate Olives Limited since April 20, 2021 and served as its Technical Director until April 20, 2021. Mr. Ra...
Experienced Management: CBO's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Experienced Board: CBO's board of directors are seasoned and experienced ( 16.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: CBO only recently listed within the past 12 months.
Cobram Estate Olives Limited's employee growth, exchange listings and data sources
- Name: Cobram Estate Olives Limited
- Ticker: CBO
- Exchange: ASX
- Founded: 1998
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: AU$774.873m
- Shares outstanding: 387.44m
- Website: https://www.cobramestateolives.com.au
- Cobram Estate Olives Limited
- 151 Broderick Road
- PO Box 92
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 07:02|
|End of Day Share Price||2021/10/15 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.