Cobram Estate Olives Valuation
Is CBO undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of CBO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CBO (A$2.02) is trading below our estimate of fair value (A$2.81)
Significantly Below Fair Value: CBO is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CBO?
Key metric: As CBO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is CBO's PE Ratio? | |
|---|---|
| PE Ratio | 45.6x |
| Earnings | AU$18.53m |
| Market Cap | AU$836.04m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 4.6x |
| Enterprise Value/EBITDA | 16.3x |
| PEG Ratio | 3x |
Price to Earnings Ratio vs Peers
How does CBO's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 24.6x | ||
SGLLV Ricegrowers | 10.1x | 9.8% | AU$627.6m |
ING Inghams Group | 11.4x | 5.2% | AU$1.2b |
BGA Bega Cheese | 52.6x | 22.4% | AU$1.6b |
FFI FFI Holdings | 24.2x | n/a | AU$42.0m |
CBO Cobram Estate Olives | 45.6x | 15.1% | AU$836.0m |
Price-To-Earnings vs Peers: CBO is expensive based on its Price-To-Earnings Ratio (45.6x) compared to the peer average (24.6x).
Price to Earnings Ratio vs Industry
How does CBO's PE Ratio compare vs other companies in the Oceanian Food Industry?
| 0 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 0 Companies | Estimated Growth | Market Cap |
|---|
Price-To-Earnings vs Industry: CBO is expensive based on its Price-To-Earnings Ratio (45.6x) compared to the Global Food industry average (15.8x).
Price to Earnings Ratio vs Fair Ratio
What is CBO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 45.6x |
| Fair PE Ratio | 26.6x |
Price-To-Earnings vs Fair Ratio: CBO is expensive based on its Price-To-Earnings Ratio (45.6x) compared to the estimated Fair Price-To-Earnings Ratio (26.6x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | AU$2.02 | AU$1.98 -2.1% | 5.2% | AU$2.10 | AU$1.85 | n/a | 3 |
| Nov ’25 | AU$1.88 | AU$1.98 +5.4% | 5.2% | AU$2.10 | AU$1.85 | n/a | 3 |
| Oct ’25 | AU$1.70 | AU$1.98 +16.6% | 5.2% | AU$2.10 | AU$1.85 | n/a | 3 |
| Sep ’25 | AU$1.59 | AU$1.98 +24.7% | 5.2% | AU$2.10 | AU$1.85 | n/a | 3 |
| Aug ’25 | AU$1.63 | AU$1.99 +22.1% | 2.2% | AU$2.05 | AU$1.95 | n/a | 3 |
| Jul ’25 | AU$1.77 | AU$1.95 +10.4% | 4.0% | AU$2.05 | AU$1.86 | n/a | 3 |
| Jun ’25 | AU$1.87 | AU$1.90 +1.8% | 5.6% | AU$2.05 | AU$1.80 | n/a | 3 |
| May ’25 | AU$1.80 | AU$1.93 +7.1% | 5.3% | AU$2.05 | AU$1.80 | n/a | 4 |
| Apr ’25 | AU$1.95 | AU$1.93 -0.9% | 5.3% | AU$2.05 | AU$1.80 | n/a | 4 |
| Mar ’25 | AU$1.72 | AU$1.93 +12.4% | 5.3% | AU$2.05 | AU$1.80 | n/a | 4 |
| Feb ’25 | AU$1.61 | AU$1.78 +10.6% | 2.6% | AU$1.82 | AU$1.70 | n/a | 4 |
| Jan ’25 | AU$1.74 | AU$1.78 +2.6% | 2.6% | AU$1.82 | AU$1.70 | n/a | 4 |
| Dec ’24 | AU$1.40 | AU$1.70 +21.6% | 3.4% | AU$1.75 | AU$1.61 | n/a | 4 |
| Nov ’24 | AU$1.30 | AU$1.69 +29.7% | 3.4% | AU$1.75 | AU$1.61 | AU$1.88 | 3 |
| Oct ’24 | AU$1.35 | AU$1.50 +10.7% | 24.6% | AU$1.80 | AU$0.87 | AU$1.70 | 4 |
| Sep ’24 | AU$1.35 | AU$1.50 +10.7% | 24.6% | AU$1.80 | AU$0.87 | AU$1.59 | 4 |
| Aug ’24 | AU$1.29 | AU$1.47 +14.0% | 24.2% | AU$1.75 | AU$0.87 | AU$1.63 | 4 |
| Jul ’24 | AU$1.24 | AU$1.52 +22.7% | 26.0% | AU$1.90 | AU$0.87 | AU$1.77 | 4 |
| Jun ’24 | AU$1.26 | AU$1.54 +22.4% | 25.8% | AU$1.90 | AU$0.87 | AU$1.87 | 4 |
| May ’24 | AU$1.33 | AU$1.54 +16.2% | 25.8% | AU$1.90 | AU$0.87 | AU$1.80 | 4 |
| Apr ’24 | AU$1.31 | AU$1.55 +19.0% | 26.4% | AU$1.95 | AU$0.87 | AU$1.95 | 4 |
| Mar ’24 | AU$1.34 | AU$1.73 +29.3% | 8.0% | AU$1.95 | AU$1.59 | AU$1.72 | 4 |
| Feb ’24 | AU$1.40 | AU$1.90 +35.5% | 11.6% | AU$2.10 | AU$1.59 | AU$1.61 | 3 |
| Jan ’24 | AU$1.47 | AU$1.88 +28.5% | 10.2% | AU$2.10 | AU$1.59 | AU$1.74 | 4 |
| Dec ’23 | AU$1.52 | AU$1.88 +24.3% | 10.2% | AU$2.10 | AU$1.59 | AU$1.40 | 4 |
| Nov ’23 | AU$1.66 | AU$1.90 +14.2% | 10.9% | AU$2.15 | AU$1.59 | AU$1.30 | 4 |
Analyst Forecast: Target price is lower than the current share price.
Discover undervalued companies
Ricegrowers
AU$627.6m
Operates as a rice food company in Australia, New Zealand, the Pacific Islands, the Middle East, the United States, and internationally.
SGLLV
AU$9.78
7D
5.2%
1Y
n/a
Lynch Group Holdings
AU$207.5m
Operates as a grower, wholesaler, retailer, and importer of flowers and potted plants in Australia and China.
LGL
AU$1.84
7D
2.2%
1Y
-9.4%
Noumi
AU$56.8m
Engages in develops, sources, manufactures, markets, sells, and distributes plant-based and dairy beverages, dairy and nutritional products to wholesale and consumer markets.
NOU
AU$0.19
7D
-5.0%
1Y
97.9%