SWX:ARYN

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Market Cap

CHF1.2b

Last Updated

2021/06/17 17:51 UTC

Data Sources

Company Financials +

Executive Summary

ARYZTA AG provides frozen B2B baking solutions in Europe, North America, and internationally. More Details


Snowflake Analysis

Fair value with moderate growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ARYN is more volatile than 75% of Swiss stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ARYN's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of Swiss stocks.


Market Performance


7 Day Return

-2.6%

ARYN

0.9%

CH Food

1.3%

CH Market


1 Year Return

169.8%

ARYN

7.6%

CH Food

19.2%

CH Market

Return vs Industry: ARYN exceeded the Swiss Food industry which returned 7.6% over the past year.

Return vs Market: ARYN exceeded the Swiss Market which returned 19.2% over the past year.


Shareholder returns

ARYNIndustryMarket
7 Day-2.6%0.9%1.3%
30 Day11.8%4.8%7.4%
90 Day13.8%12.1%9.0%
1 Year169.8%169.8%10.3%7.6%22.6%19.2%
3 Year-62.9%-92.0%58.0%40.2%47.1%31.0%
5 Year-84.7%-96.8%73.8%36.4%72.1%40.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ARYN (CHF1.25) is trading below our estimate of fair value (CHF3.3)

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


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ARYN is good value based on its PB Ratio (1x) compared to the CH Food industry average (4.4x).


Future Growth

How is ARYZTA forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

68.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ARYN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.3%).

Earnings vs Market: ARYN is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ARYN's is expected to become profitable in the next 3 years.

Revenue vs Market: ARYN's revenue (0.6% per year) is forecast to grow slower than the Swiss market (4.7% per year).

High Growth Revenue: ARYN's revenue (0.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ARYN's Return on Equity is forecast to be low in 3 years time (15%).


Past Performance

How has ARYZTA performed over the past 5 years?

-25.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ARYN is currently unprofitable.

Growing Profit Margin: ARYN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ARYN is unprofitable, and losses have increased over the past 5 years at a rate of 25.2% per year.

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

Earnings vs Industry: ARYN is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-3.2%).


Return on Equity

High ROE: ARYN has a negative Return on Equity (-70.43%), as it is currently unprofitable.


Financial Health

How is ARYZTA's financial position?


Financial Position Analysis

Short Term Liabilities: ARYN's short term assets (€1.5B) exceed its short term liabilities (€911.8M).

Long Term Liabilities: ARYN's short term assets (€1.5B) exceed its long term liabilities (€1.1B).


Debt to Equity History and Analysis

Debt Level: ARYN's debt to equity ratio (91.4%) is considered high.

Reducing Debt: ARYN's debt to equity ratio has increased from 75.9% to 91.4% over the past 5 years.


Balance Sheet


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: ARYN has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if ARYN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

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

0.057%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: ARYN is not paying a notable dividend for the Swiss market.


Future Payout to Shareholders

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


Next Steps

Management

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

1.0yrs

Average management tenure


CEO

Urs Jordi (55 yo)

0.58

Tenure

Mr. Urs Jordi is Independent Non-Executive Chairman of ARYZTA AG since September 16, 2020 and also serves as its Interim Chief Executive Officer since November 2020. He has more experiences in various nati...


Leadership Team

Experienced Management: ARYN's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: ARYN's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


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

ARYZTA AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ARYZTA AG
  • Ticker: ARYN
  • Exchange: SWX
  • Founded: 1897
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: CHF1.235b
  • Shares outstanding: 991.79m
  • Website: https://www.aryzta.com

Number of Employees


Location

  • ARYZTA AG
  • Ifangstrasse 9
  • Schlieren
  • Zurich
  • 8952
  • Switzerland

Listings


Biography

ARYZTA AG provides frozen B2B baking solutions in Europe, North America, and internationally. It offers bread rolls and artisan loaves, sweet baked goods and morning goods, and savoury and other products. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/17 17:51
End of Day Share Price2021/06/17 00:00
Earnings2021/01/30
Annual Earnings2020/08/01


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.