ENXTBR:FLOB

Stock Analysis Report

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Executive Summary

Floridienne S.A., through its subsidiaries, operates in the specialty chemicals and recycling, gourmet food, and life sciences sectors in Belgium. More Details


Snowflake Analysis

Excellent balance sheet and slightly overvalued.

Share Price & News

How has Floridienne's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FLOB has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.6%

FLOB

-1.6%

BE Food

-3.7%

BE Market


1 Year Return

16.2%

FLOB

26.4%

BE Food

-22.9%

BE Market

Return vs Industry: FLOB underperformed the Belgian Food industry which returned 27.1% over the past year.

Return vs Market: FLOB exceeded the Belgian Market which returned -22.6% over the past year.


Shareholder returns

FLOBIndustryMarket
7 Day-2.6%-1.6%-3.7%
30 Day-3.9%3.4%-2.7%
90 Day1.4%12.4%-4.0%
1 Year16.2%16.2%27.2%26.4%-21.7%-22.9%
3 Year24.9%23.0%4.7%2.1%-27.4%-31.8%
5 Year152.9%143.8%55.3%48.3%-18.6%-26.9%

Price Volatility Vs. Market

How volatile is Floridienne's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Floridienne undervalued compared to its fair value and its price relative to the market?

45.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FLOB (€223.05) is trading below our estimate of fair value (€406.3)

Significantly Below Fair Value: FLOB is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: FLOB is poor value based on its PE Ratio (28.7x) compared to the XE Food industry average (16.3x).

PE vs Market: FLOB is poor value based on its PE Ratio (28.7x) compared to the Belgian market (14.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FLOB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FLOB is overvalued based on its PB Ratio (1.8x) compared to the BE Food industry average (1.2x).


Next Steps

Future Growth

How is Floridienne forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

7.3%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if FLOB's forecast earnings growth is above the savings rate (1.6%).

Earnings vs Market: Insufficient data to determine if FLOB's earnings are forecast to grow faster than the Belgian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FLOB's revenue (7.3% per year) is forecast to grow faster than the Belgian market (7% per year).

High Growth Revenue: FLOB's revenue (7.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if FLOB's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Floridienne performed over the past 5 years?

9.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FLOB has high quality earnings.

Growing Profit Margin: FLOB's current net profit margins (1.9%) are lower than last year (2.4%).


Past Earnings Growth Analysis

Earnings Trend: FLOB's earnings have grown by 9.3% per year over the past 5 years.

Accelerating Growth: FLOB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FLOB had negative earnings growth (-18.9%) over the past year, making it difficult to compare to the Food industry average (5.6%).


Return on Equity

High ROE: FLOB's Return on Equity (7.9%) is considered low.


Next Steps

Financial Health

How is Floridienne's financial position?


Financial Position Analysis

Short Term Liabilities: FLOB's short term assets (€175.8M) exceed its short term liabilities (€93.2M).

Long Term Liabilities: FLOB's short term assets (€175.8M) exceed its long term liabilities (€98.9M).


Debt to Equity History and Analysis

Debt Level: FLOB's debt to equity ratio (79.8%) is considered high.

Reducing Debt: FLOB's debt to equity ratio has reduced from 82.9% to 79.8% over the past 5 years.

Debt Coverage: FLOB's debt is well covered by operating cash flow (23.1%).

Interest Coverage: FLOB's interest payments on its debt are well covered by EBIT (6.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Floridienne current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FLOB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FLOB'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 FLOB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FLOB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: FLOB is not paying a notable dividend for the Belgian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FLOB's dividend in 3 years as they are not forecast to pay a notable one for the Belgian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

€359k

CEO Compensation


CEO

Gaëtan Waucquez

3.5yrs

Tenure

€358,823

Compensation

Mr. Gaëtan Waucquez has been Member of Management Board of Floridienne S.A.. Mr. Waucquez served as Managing Director and General Manager at Floridienne SA/NV until April 28, 2017 and served as its Group F ...


CEO Compensation Analysis

Compensation vs Market: Gaëtan's total compensation ($USD422.69K) is about average for companies of similar size in the Belgian market ($USD420.36K).

Compensation vs Earnings: Gaëtan's compensation has been consistent with company performance over the past year.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Floridienne S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Floridienne S.A.
  • Ticker: FLOB
  • Exchange: ENXTBR
  • Founded: 1898
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: €218.476m
  • Shares outstanding: 979.49k
  • Website: https://www.floridienne.be

Number of Employees


Location

  • Floridienne S.A.
  • Building P
  • Drève Richelle 161
  • Waterloo
  • Walloon Brabant
  • 1410
  • Belgium

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FLOBENXTBR (Euronext Brussels)YesRegistered SharesBEEURJan 1992
0NXALSE (London Stock Exchange)YesRegistered SharesGBEURJan 1992
FLOBBBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered SharesGBEURJan 1992

Biography

Floridienne S.A., through its subsidiaries, operates in the specialty chemicals and recycling, gourmet food, and life sciences sectors in Belgium. The company’s Chemicals division offers plastic additives ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 22:11
End of Day Share Price2020/10/16 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.