Market Cap
CHF553.1m
Last Updated
2019/10/23 21:12 UTC
Data Sources
Company Financials +
Executive Summary
ORIOR AG, together with its subsidiaries, produces and supplies refined meat and convenience food in Switzerland and internationally.
Snowflake
Fundamentals
Solid track record and fair value.
Share Price & News
How has ORIOR's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0%
ORON
-3.0%
CH Food
-0.6%
CH Market
1 Year Return
-3.1%
ORON
18.2%
CH Food
10.7%
CH Market
Return vs Industry: ORON underperformed the Swiss Food industry which returned 18.2% over the past year.
Return vs Market: ORON underperformed the Swiss Market which returned 10.7% over the past year.
Shareholder returns
| ORON | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -3.0% | -0.6% |
| 30 Day | 2.3% | -3.2% | -0.4% |
| 90 Day | 4.2% | -0.05% | 1.1% |
| 1 Year | -0.3%-3.1% | 24.1%18.2% | 16.6%10.7% |
| 3 Year | 14.9%5.6% | 47.5%41.0% | 35.5%21.9% |
| 5 Year | 91.9%64.9% | 60.1%50.5% | 36.8%15.3% |
Price Volatility Vs. Market
How volatile is ORIOR's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Should We Be Delighted With ORIOR AG's (VTX:ORON) ROE Of 37%?3 weeks ago | Simply Wall St
Why We Like ORIOR AG’s (VTX:ORON) 12% Return On Capital Employed1 month ago | Simply Wall St
Three Things You Should Check Before Buying ORIOR AG (VTX:ORON) For Its DividendValuation
Is ORIOR undervalued compared to its fair value and its price relative to the market?
32.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ORON (CHF85) is trading below our estimate of fair value (CHF126.37)
Significantly Below Fair Value: ORON is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ORON is good value based on its PE Ratio (16.9x) compared to the Food industry average (29.9x).
PE vs Market: ORON is good value based on its PE Ratio (16.9x) compared to the Swiss market (18.7x).
Price to Earnings Growth Ratio
PEG Ratio: ORON is poor value based on its PEG Ratio (3.4x)
Price to Book Ratio
PB vs Industry: ORON is overvalued based on its PB Ratio (6.3x) compared to the CH Food industry average (2.7x).
Next Steps
Future Growth
How is ORIOR forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
5.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ORON's forecast earnings growth (5% per year) is above the savings rate (3.3%).
Earnings vs Market: ORON's earnings (5% per year) are forecast to grow slower than the Swiss market (10.4% per year).
High Growth Earnings: ORON's earnings are forecast to grow, but not significantly.
Revenue vs Market: ORON's revenue (3.5% per year) is forecast to grow faster than the Swiss market (3.5% per year).
High Growth Revenue: ORON's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ORON's Return on Equity is forecast to be high in 3 years time (31.6%)
Next Steps
Past Performance
How has ORIOR performed over the past 5 years?
3.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: ORON's earnings have grown by 3.4% per year over the past 5 years.
Accelerating Growth: ORON's earnings growth over the past year (39.7%) exceeds its 5-year average (3.4% per year).
Earnings vs Industry: ORON earnings growth over the past year (39.7%) exceeded the Food industry 14.8%.
Return on Equity
High ROE: Whilst ORON's Return on Equity (37.15%) is high, this metric is skewed due to their high level of debt.
Return on Assets
ROA vs Industry: ORON has a higher Return on Assets than the Food industry average last year.
Return on Capital Employed
ROCE Improving: ORON has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is ORIOR's financial position?
Financial Position Analysis
Short Term Liabilities: ORON's short term assets (CHF189.4M) exceeds its short term liabilities (CHF85.1M)
Long Term Liabilities: ORON's short term assets (189.4M) do not cover its long term liabilities (206.6M)
Debt to Equity History and Analysis
Debt Level: ORON's debt to equity ratio (200.1%) is considered high
Reducing Debt: ORON's debt to equity ratio has increased from 50.3% to 200.1% over the past 5 years.
Debt Coverage: ORON's debt is well covered by operating cash flow (29.6%).
Interest Coverage: ORON's interest payments on its debt are well covered by EBIT (14.4x coverage).
Balance Sheet
Inventory Level: ORON has a high level of physical assets or inventory.
Debt Coverage by Assets: ORON's debt is covered by short term assets (assets are 1.1x debt).
Next Steps
Dividend
What is ORIOR's current dividend yield, its reliability and sustainability?
2.64%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: ORON's dividend (2.64%) is higher than the bottom 25% of dividend payers in the Swiss market (1.92%).
High Dividend: ORON's dividend (2.64%) is low compared to the top 25% of dividend payers in the Swiss market (3.71%).
Stable Dividend: Whilst dividend payments have been stable, ORON has been paying a dividend for less than 10 years.
Growing Dividend: ORON's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (44.4%), ORON's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ORON's dividends in 3 years are forecast to be well covered by earnings (47.2% payout ratio).
Next Steps
Management
What is the CEO of ORIOR's salary, the management and board of directors tenure and is there insider trading?
3.1yrs
Average management tenure
CEO
Daniel Lutz (53yo)
5yrs
Tenure
CHF979,156
Compensation
Mr. Daniel Lutz has been the Chief Executive Officer of ORIOR AG since October, 2014 and had been its Member of Management Board February 2015. From 1992 to 2001, Mr. Lutz worked for Nestlé Switzerland in ...
CEO Compensation Analysis
Compensation vs. Market: Daniel's total compensation ($USD988.93K) is about average for companies of similar size in the Swiss market ($USD814.42K).
Compensation vs Earnings: Daniel's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.1yrs
Average Tenure
Experienced Management: ORON's management team is considered experienced (3.1 years average tenure).
Board Age and Tenure
2.0yrs
Average Tenure
61yo
Average Age
Experienced Board: ORON's board of directors are not considered experienced ( 2 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
Management Team
Milena Mathiuet
Head of Corporate Communication & Investor Relations
- Tenure: 0yrs
Glauco Martinetti
Head of Rapelli
- Tenure: 0yrs
Urs Mösli
Head of Möfag
- Tenure: 0yrs
Bruno Bürki
Head of Albert Spiess
- Tenure: 7.3yrs
Beni Pfulg
Interim Chief Financial Officer
- Tenure: 0.8yrs
Daniel Lutz (53yo)
Chief Executive Officer
- Tenure: 5yrs
- Compensation: CHF979.16k
Oscar Marini
Head of Pastinella & Group Innovation Manager
- Tenure: 3.8yrs
Filip De Spiegeleire (58yo)
Head of Orior Europe & Head Culinor Food Group
- Tenure: 3.1yrs
Sven Maushake
Chief Information Officer
- Tenure: 2.9yrs
Max Dreussi
Head of Fredag
- Tenure: 2.5yrs
Board Members
Markus Neuhaus (61yo)
Vice Chairman of the Board
- Tenure: 0.5yrs
Markus Vögeli (58yo)
Director
- Tenure: 0.5yrs
Rolf Sutter (64yo)
Chairman of the Board of Directors
- Tenure: 8.5yrs
- Compensation: CHF356.85k
Monika Walser (54yo)
Non-Executive Director
- Tenure: 6.8yrs
- Compensation: CHF78.52k
Walter Lüthi (66yo)
Director
- Tenure: 3.5yrs
- Compensation: CHF66.68k
Monika Schüpbach
Director
- Tenure: 0.5yrs
Company Information
ORIOR AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: ORIOR AG
- Ticker: ORON
- Exchange: SWX
- Founded: 1852
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: CHF553.133m
- Shares outstanding: 6.51m
- Website: https://www.orior.ch
Number of Employees
Location
- ORIOR AG
- Dufourstrasse 101
- Zurich
- Zurich
- 8008
- Switzerland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ORON | SWX (SIX Swiss Exchange) | Yes | Registered Shares | CH | CHF | Apr 2010 |
| 9OI | DB (Deutsche Boerse AG) | Yes | Registered Shares | DE | EUR | Apr 2010 |
| 0QM6 | LSE (London Stock Exchange) | Yes | Registered Shares | GB | CHF | Apr 2010 |
Biography
ORIOR AG, together with its subsidiaries, produces and supplies refined meat and convenience food in Switzerland and internationally. The company operates through three segments: ORIOR Refinement, ORIOR Co ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 21:12 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.