company background image
ARYN

ARYZTA SWX:ARYN Stock Report

Last Price

CHF0.98

Market Cap

CHF970.3m

7D

-5.1%

1Y

-30.1%

Updated

29 Sep, 2022

Data

Company Financials +
ARYN fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

ARYN Stock Overview

ARYZTA AG provides frozen B2B baking solutions in Europe, Asia, Australia, New Zealand, and South America.

ARYZTA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ARYZTA
Historical stock prices
Current Share PriceCHF0.98
52 Week HighCHF1.42
52 Week LowCHF0.77
Beta1.93
1 Month Change-12.75%
3 Month Change-8.33%
1 Year Change-30.07%
3 Year Change40.26%
5 Year Change-96.74%
Change since IPO-98.45%

Recent News & Updates

Shareholder Returns

ARYNCH FoodCH Market
7D-5.1%-0.9%-1.9%
1Y-30.1%-6.7%-16.9%

Return vs Industry: ARYN underperformed the Swiss Food industry which returned -6.9% over the past year.

Return vs Market: ARYN underperformed the Swiss Market which returned -15.9% over the past year.

Price Volatility

Is ARYN's price volatile compared to industry and market?
ARYN volatility
ARYN Average Weekly Movement4.9%
Food Industry Average Movement3.1%
Market Average Movement4.3%
10% most volatile stocks in CH Market7.5%
10% least volatile stocks in CH Market2.2%

Stable Share Price: ARYN is not significantly more volatile than the rest 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.

About the Company

FoundedEmployeesCEOWebsite
18979,251Urs Jordihttps://www.aryzta.com

ARYZTA AG provides frozen B2B baking solutions in Europe, Asia, Australia, New Zealand, and South America. It offers bread rolls and artisan loaves, sweet baked and morning goods, and savory and other products. The company also provides asset management services; and distributes food products.

ARYZTA Fundamentals Summary

How do ARYZTA's earnings and revenue compare to its market cap?
ARYN fundamental statistics
Market CapCHF970.29m
Earnings (TTM)-CHF84.32m
Revenue (TTM)CHF1.54b

0.6x

P/S Ratio

-11.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ARYN income statement (TTM)
Revenue€1.61b
Cost of Revenue€1.32b
Gross Profit€290.60m
Other Expenses€378.70m
Earnings-€88.10m

Last Reported Earnings

Jan 29, 2022

Next Earnings Date

Oct 03, 2022

Earnings per share (EPS)-0.089
Gross Margin18.07%
Net Profit Margin-5.48%
Debt/Equity Ratio36.7%

How did ARYN perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is ARYN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ARYN?

Other financial metrics that can be useful for relative valuation.

ARYN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.8x
Enterprise Value/EBITDA11.1x
PEG Ration/a

Price to Sales Ratio vs Peers

How does ARYN's PS Ratio compare to its peers?

ARYN PS Ratio vs Peers
The above table shows the PS ratio for ARYN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.7x
BELL Bell Food Group
0.3x2.0%CHF1.3b
ORON ORIOR
0.7x2.3%CHF433.6m
EMMN Emmi
1x3.0%CHF4.1b
GMI Groupe Minoteries
0.7xn/aCHF105.6m
ARYN ARYZTA
0.6x5.4%CHF970.3m

Price-To-Sales vs Peers: ARYN is good value based on its Price-To-Sales Ratio (0.6x) compared to the peer average (0.7x).


Price to Earnings Ratio vs Industry

How does ARYN's PE Ratio compare vs other companies in the European Food Industry?

Price-To-Sales vs Industry: ARYN is expensive based on its Price-To-Sales Ratio (0.6x) compared to the European Food industry average (0.6x)


Price to Sales Ratio vs Fair Ratio

What is ARYN's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ARYN PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.6x
Fair PS Ratio0.6x

Price-To-Sales vs Fair Ratio: ARYN is good value based on its Price-To-Sales Ratio (0.6x) compared to the estimated Fair Price-To-Sales Ratio (0.6x).


Share Price vs Fair Value

What is the Fair Price of ARYN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ARYN (CHF0.98) is trading below our estimate of fair value (CHF3.17)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Future Growth

How is ARYZTA forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


51.0%

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 (-0.2%).

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 is expected to become profitable in the next 3 years.

Revenue vs Market: ARYN's revenue (5.4% per year) is forecast to grow faster than the Swiss market (4.4% per year).

High Growth Revenue: ARYN's revenue (5.4% 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 very high in 3 years time (43.7%).


Discover growth companies

Past Performance

How has ARYZTA performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


30.5%

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, but has reduced losses over the past 5 years at a rate of 30.5% 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 (15.6%).


Return on Equity

High ROE: ARYN has a negative Return on Equity (-4.42%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is ARYZTA's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: ARYN's short term assets (€458.4M) exceed its short term liabilities (€453.1M).

Long Term Liabilities: ARYN's short term assets (€458.4M) do not cover its long term liabilities (€577.2M).


Debt to Equity History and Analysis

Debt Level: ARYN's net debt to equity ratio (17.8%) is considered satisfactory.

Reducing Debt: ARYN's debt to equity ratio has reduced from 71.2% to 36.7% 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.


Discover healthy companies

Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.11%

Forecast Dividend Yield

Dividend Yield vs Market

ARYZTA Dividend Yield vs Market
How does ARYZTA dividend yield compare to the market?
SegmentDividend Yield
Company (ARYZTA)0%
Market Bottom 25% (CH)2.2%
Market Top 25% (CH)4.4%
Industry Average (Food)2.5%
Analyst forecast in 3 Years (ARYZTA)0.1%

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.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ARYN has not reported any payouts.


Discover strong dividend paying companies

Management

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

1.8yrs

Average management tenure


CEO

Urs Jordi (57 yo)

2yrs

Tenure

€1,533,261

Compensation

Mr. Urs Jordi is Non-Executive Chairman of ARYZTA AG since September 16, 2020 and also serves as its Interim Chief Executive Officer since November 19, 2020. He has more experiences in various national and...


CEO Compensation Analysis

Urs Jordi's Compensation vs ARYZTA Earnings
How has Urs Jordi's remuneration changed compared to ARYZTA's earnings?
DateTotal Comp.SalaryCompany Earnings
Jan 29 2022n/an/a

-€88m

Oct 29 2021n/an/a

-€92m

Jul 31 2021€2m€435k

-€96m

Compensation vs Market: Urs's total compensation ($USD1.50M) is about average for companies of similar size in the Swiss market ($USD1.30M).

Compensation vs Earnings: Insufficient data to compare Urs's compensation with company performance.


Leadership Team

Experienced Management: ARYN's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: ARYN's board of directors are not considered experienced ( 2 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

What is the ownership structure of ARYN?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders16,857,7071.7%
Institutions475,549,25248.0%
General Public498,693,04150.3%

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


Top Shareholders

Top 25 shareholders own 44.83% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
5.96%
Accuro Fund Solutions AG
59,110,120€57.9m16.15%26.35%
5.09%
Swisscanto Asset Management AG
50,398,011€49.3m66.44%1.14%
3.88%
Cobas Asset Management, SGIIC, SA
38,432,880€37.6m-58.82%2.94%
3.22%
The Vanguard Group, Inc.
31,954,552€31.3m1.07%no data
3.1%
Credit Suisse Asset Management (Switzerland)
30,703,083€30.1m0%0.03%
3.06%
UBS Asset Management
30,291,810€29.7m0%0.01%
2.81%
Norges Bank Investment Management
27,863,956€27.3m0%no data
2.42%
J O Hambro Capital Management Limited
24,019,117€23.5m0%0.15%
1.97%
Dimensional Fund Advisors LP
19,484,088€19.1m-3.5%0.01%
1.85%
ZKB Asset Management
18,298,942€17.9m0.88%0.08%
1.58%
Heiner Kamps
15,692,707€15.4m0%no data
1.43%
BlackRock, Inc.
14,187,124€13.9m-0.49%no data
1.06%
Entrepreneur Partners AG, Asset Management Arm
10,500,000€10.3m0%3.91%
1.06%
FMR LLC
10,472,761€10.3m0%no data
0.93%
Zürcher Kantonalbank, Investment Arm
9,183,068€9.0m0%0.09%
0.74%
Fidelity International Ltd
7,304,516€7.2m0%no data
0.73%
March Asset Management, SGIIC, SA
7,216,085€7.1m0%0.59%
0.66%
Vontobel Asset Management AG
6,500,000€6.4m0%0.06%
0.62%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
6,137,622€6.0m0%no data
0.55%
3V Asset Management AG
5,500,000€5.4m37.5%5.3%
0.52%
Schroder Investment Management Limited
5,131,344€5.0m-0.08%no data
0.43%
Charles Schwab Investment Management, Inc.
4,218,769€4.1m2.21%no data
0.41%
Abaco Capital Investments
4,052,207€4.0m0%5.98%
0.4%
Allianz Asset Management AG
3,933,178€3.9m0%no data
0.38%
Bellevue Asset Management AG
3,731,225€3.7m0%0.04%

Company Information

ARYZTA AG's 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
  • Implied Market Cap: CHF970.287m
  • Shares outstanding: 991.10m
  • Website: https://www.aryzta.com

Number of Employees


Location

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


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ARYNSWX (SIX Swiss Exchange)YesNew Ordinary SharesCHCHFAug 2008
0MFYLSE (London Stock Exchange)YesNew Ordinary SharesGBCHFAug 2008
ARZT.FOTCPK (Pink Sheets LLC)YesNew Ordinary SharesUSUSDAug 2008
ARYNZBATS-CHIXE (BATS 'Chi-X Europe')YesNew Ordinary SharesGBCHFAug 2008
ARYN NBMV (Bolsa Mexicana de Valores)YesNew Ordinary SharesMXMXNAug 2008
ARZT.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDFeb 2009

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/29 00:00
End of Day Share Price2022/09/29 00:00
Earnings2022/01/29
Annual Earnings2021/07/31


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.