| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
ORON Overview
ORIOR AG, together with its subsidiaries, produces and sells refined and processed meat products in Switzerland and internationally.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CHF92.70 |
| 52 Week High | CHF65.70 |
| 52 Week Low | CHF94.70 |
| Beta | 0.51 |
| 1 Month Change | 4.98% |
| 3 Month Change | 9.57% |
| 1 Year Change | 33.38% |
| 3 Year Change | 1.20% |
| 5 Year Change | 12.36% |
| Change since IPO | 84.48% |
Recent News & Updates
Key Things To Consider Before Buying ORIOR AG (VTX:ORON) For Its Dividend
Could ORIOR AG ( VTX:ORON ) be an attractive dividend share to own for the long haul? Investors are often drawn to...
Shareholder Returns
| ORON | CH Food | CH Market | |
|---|---|---|---|
| 7D | -1.1% | 1.5% | 1.5% |
| 1Y | 33.4% | 9.0% | 19.5% |
Return vs Industry: ORON exceeded the Swiss Food industry which returned 9% over the past year.
Return vs Market: ORON exceeded the Swiss Market which returned 19.5% over the past year.
Price Volatility
| ORON volatility | |
|---|---|
| ORON Beta | 0.51 |
| Industry Beta | 0.24 |
| Market Beta | 1 |
Stable Share Price: ORON is not significantly more volatile than the rest of Swiss stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ORON's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1852 | 2,000 | Daniel Lutz | https://www.orior.ch |
ORIOR AG, together with its subsidiaries, produces and sells refined and processed meat products in Switzerland and internationally. It operates through three segments: ORIOR Refinement, ORIOR Convenience, and ORIOR International. The ORIOR Refinement segment offers refined and processed meat products, such as Bündnerfleisch, raw and cooked ham, salami, and Mostbröckli through retail and food service channels.
ORIOR Fundamentals Summary
| ORON fundamental statistics | |
|---|---|
| Market Cap | CHF598.29m |
| Earnings (TTM) | CHF26.98m |
| Revenue (TTM) | CHF604.81m |
22.3x
P/E Ratio1.0x
P/S RatioIs ORON overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ORON income statement (TTM) | |
|---|---|
| Revenue | CHF604.81m |
| Cost of Revenue | CHF340.02m |
| Gross Profit | CHF264.79m |
| Expenses | CHF237.81m |
| Earnings | CHF26.98m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Mar 02, 2022
| Earnings per share (EPS) | 4.15 |
| Gross Margin | 43.78% |
| Net Profit Margin | 4.46% |
| Debt/Equity Ratio | 244.5% |
How did ORON perform over the long term?
See historical performance and comparisonDividends
2.5%
Current Dividend Yield56%
Payout RatioValuation
Is ORIOR undervalued compared to its fair value and its price relative to the market?
37.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ORON (CHF92.7) is trading below our estimate of fair value (CHF149.1)
Significantly Below Fair Value: ORON is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ORON is good value based on its PE Ratio (22.3x) compared to the Swiss Food industry average (25.5x).
PE vs Market: ORON is poor value based on its PE Ratio (22.3x) compared to the Swiss market (21x).
Price to Earnings Growth Ratio
PEG Ratio: ORON is poor value based on its PEG Ratio (5.6x)
Price to Book Ratio
PB vs Industry: ORON is overvalued based on its PB Ratio (9.2x) compared to the CH Food industry average (4.5x).
Future Growth
How is ORIOR forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
4.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ORON's forecast earnings growth (4% per year) is above the savings rate (-0.3%).
Earnings vs Market: ORON's earnings (4% per year) are forecast to grow slower than the Swiss market (9.6% per year).
High Growth Earnings: ORON's earnings are forecast to grow, but not significantly.
Revenue vs Market: ORON's revenue (3.1% per year) is forecast to grow slower than the Swiss market (5.2% per year).
High Growth Revenue: ORON's revenue (3.1% 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 (33.5%)
Past Performance
How has ORIOR performed over the past 5 years?
-1.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ORON has a large one-off gain of CHF6.7M impacting its June 30 2021 financial results.
Growing Profit Margin: ORON's current net profit margins (4.5%) are higher than last year (4.3%).
Past Earnings Growth Analysis
Earnings Trend: ORON's earnings have declined by 1.6% per year over the past 5 years.
Accelerating Growth: ORON's earnings growth over the past year (4.4%) exceeds its 5-year average (-1.6% per year).
Earnings vs Industry: ORON earnings growth over the past year (4.4%) underperformed the Food industry 4.4%.
Return on Equity
High ROE: Whilst ORON's Return on Equity (38.95%) is high, this metric is skewed due to their high level of debt.
Financial Health
How is ORIOR's financial position?
Financial Position Analysis
Short Term Liabilities: ORON's short term assets (CHF177.3M) exceed its short term liabilities (CHF112.8M).
Long Term Liabilities: ORON's short term assets (CHF177.3M) do not cover its long term liabilities (CHF192.9M).
Debt to Equity History and Analysis
Debt Level: ORON's debt to equity ratio (244.5%) is considered high.
Reducing Debt: ORON's debt to equity ratio has increased from 33.2% to 244.5% over the past 5 years.
Debt Coverage: ORON's debt is well covered by operating cash flow (42%).
Interest Coverage: ORON's interest payments on its debt are well covered by EBIT (14x coverage).
Balance Sheet
Dividend
What is ORIOR current dividend yield, its reliability and sustainability?
2.51%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ORON's dividend (2.51%) is higher than the bottom 25% of dividend payers in the Swiss market (1.4%).
High Dividend: ORON's dividend (2.51%) is low compared to the top 25% of dividend payers in the Swiss market (3.69%).
Stability and Growth of Payments
Stable Dividend: ORON's dividends per share have been stable in the past 10 years.
Growing Dividend: ORON's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (56.2%), ORON's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ORON's dividends in 3 years are forecast to be covered by earnings (50.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.5yrs
Average management tenure
CEO
Daniel Lutz (55 yo)
7yrs
Tenure
CHF861,112
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 ($USD932.46K) is about average for companies of similar size in the Swiss market ($USD1.25M).
Compensation vs Earnings: Daniel's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ORON's management team is considered experienced (4.5 years average tenure).
Board Members
Experienced Board: ORON's board of directors are considered experienced (4 years average tenure).
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
ORIOR AG's 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: CHF598.293m
- Shares outstanding: 6.50m
- Website: https://www.orior.ch
Number of Employees
Location
- ORIOR AG
- Dufourstrasse 101
- Zurich
- Zurich
- 8008
- Switzerland
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/15 17:03 |
| End of Day Share Price | 2021/10/15 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.