ENXTBR:ENGB

Stock Analysis Report

Executive Summary

Rosier SA manufactures and sells mineral fertilizers in Europe, Africa, the United States, Asia, the Middle East, and the Oceania.

Risk Analysis

Earnings have declined by -46.65% per year over past 5 years

Has less than 1 year of cash runway

Currently unprofitable and not forecast to become profitable over the next 3 years

Does not have a meaningful market cap (€28M)



Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

ENGB

3.5%

BE Chemicals

-0.7%

BE Market


1 Year Return

-16.7%

ENGB

16.6%

BE Chemicals

13.4%

BE Market

Return vs Industry: ENGB underperformed the Belgian Chemicals industry which returned 16.6% over the past year.

Return vs Market: ENGB underperformed the Belgian Market which returned 13.4% over the past year.


Shareholder returns

ENGBIndustryMarket
7 Day0%3.5%-0.7%
30 Day-8.3%5.0%-0.8%
90 Day-12.0%11.6%-5.8%
1 Year-16.7%-16.7%19.2%16.6%15.8%13.4%
3 Year-29.5%-29.5%21.7%14.7%-1.6%-8.1%
5 Year-42.7%-42.7%58.5%34.7%14.2%0.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.73x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ENGB's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ENGB's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ENGB is unprofitable, so we can't compare its PE Ratio to the Chemicals industry average.

PE vs Market: ENGB is unprofitable, so we can't compare its PE Ratio to the Belgian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ENGB is good value based on its PB Ratio (0.7x) compared to the BE Chemicals industry average (1.7x).


Next Steps

Future Growth

How is Rosier forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.8%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Rosier has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Rosier performed over the past 5 years?

-46.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ENGB is currently unprofitable.

Growing Profit Margin: ENGB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ENGB is unprofitable, and losses have increased over the past 5 years at a rate of -46.7% per year.

Accelerating Growth: Unable to compare ENGB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ENGB is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (21%).


Return on Equity

High ROE: ENGB has a negative Return on Equity (-4.61%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Rosier's financial position?


Financial Position Analysis

Short Term Liabilities: ENGB's short term assets (€101.9M) exceed its short term liabilities (€80.3M).

Long Term Liabilities: ENGB's short term assets (€101.9M) exceed its long term liabilities (€27.2M).


Debt to Equity History and Analysis

Debt Level: ENGB's debt to equity ratio (207.4%) is considered high.

Reducing Debt: ENGB's debt to equity ratio has increased from 39.1% to 207.4% over the past 5 years.


Balance Sheet

Inventory Level: ENGB has a high level of physical assets or inventory.

Debt Coverage by Assets: ENGB's debt is covered by short term assets (assets are 1.3x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ENGB has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ENGB has less than a year of cash runway if free cash flow continues to reduce at historical rates of -122.9% each year


Next Steps

Dividend

What is Rosier's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.1%markettop25%4.5%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate ENGB's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ENGB's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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


Next Steps

Management

What is the CEO of Rosier's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average board tenure


CEO

Willy Raymaekers 0

5.1yrs

Tenure

0

Mr. Willy Raymaekers served as the Chief Executive Officer of Rosier S.A. since November 12, 2014 until June 2017. Mr. Raymaekers served as Vice President Projects & Technical Support at Borealis. He serve ...


Board Age and Tenure

2.8yrs

Average Tenure

Experienced Board: ENGB's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Insider Trading

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.


Management Team

  • Willy Raymaekers

    Chairman

    • Tenure: 5.1yrs

Board Members

  • Daniel Grasset

    Honorary Chairman

    • Tenure: 0yrs
  • James Maudet

    Honorary Chairman

    • Tenure: 0yrs
  • Jean-Louis Besson

    Honorary Chairman

    • Tenure: 0yrs
  • Francis Raatz

    Honorary Chairman

    • Tenure: 0yrs
  • Willy Raymaekers

    Chairman

    • Tenure: 5.1yrs
  • Benoît Taymans

    Non Executive Director

    • Tenure: 6.5yrs
  • Annemie Baeyaert (58yo)

    Independent Director

    • Tenure: 0yrs
    • Compensation: €24.60k
  • Hilde Wampers

    Independent Director

    • Tenure: 3yrs
    • Compensation: €21.90k
  • Dina Haeck

    Independent Director

    • Tenure: 2.5yrs
    • Compensation: €18.30k
  • Jan-Martin Nufer

    Non-Executive Director

    • Tenure: 1.5yrs

Company Information

Rosier SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Rosier SA
  • Ticker: ENGB
  • Exchange: ENXTBR
  • Founded: 1880
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: €28.050m
  • Shares outstanding: 255.00k
  • Website: https://www.rosier.eu

Number of Employees


Location

  • Rosier SA
  • Route de Grandmetz 11A
  • Moustier
  • Frasnes-lez-Anvaing
  • Hainaut
  • 7911
  • Belgium

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ENGBENXTBR (Euronext Brussels)YesOrdinary SharesBEEURJan 1992
0EBWLSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
ENGBBBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992

Biography

Rosier SA manufactures and sells mineral fertilizers in Europe, Africa, the United States, Asia, the Middle East, and the Oceania. It offers Rosaliq liquid specialty fertilizers and Rosasol NPK water-solub ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/13 20:36
End of Day Share Price2019/12/11 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.