ORIOR AG, together with its subsidiaries, produces and supplies refined meat and convenience food in Switzerland and internationally.
Solid track record and good value.
Share Price & News
How has ORIOR's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 9OI has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 9OI underperformed the German Food industry which returned 7.9% over the past year.
Return vs Market: 9OI underperformed the German Market which returned 17.1% over the past year.
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
No news available
Is ORIOR undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 9OI (€74.6) is trading below our estimate of fair value (€127.45)
Significantly Below Fair Value: 9OI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 9OI is good value based on its PE Ratio (16.7x) compared to the Food industry average (22.2x).
PE vs Market: 9OI is good value based on its PE Ratio (16.7x) compared to the German market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: 9OI is poor value based on its PEG Ratio (3.3x)
Price to Book Ratio
PB vs Industry: 9OI is overvalued based on its PB Ratio (6.2x) compared to the DE Food industry average (2x).
How is ORIOR forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 9OI's forecast earnings growth (5% per year) is above the savings rate (0.2%).
Earnings vs Market: 9OI's earnings (5% per year) are forecast to grow slower than the German market (13.2% per year).
High Growth Earnings: 9OI's earnings are forecast to grow, but not significantly.
Revenue vs Market: 9OI's revenue (3.5% per year) is forecast to grow slower than the German market (4.8% per year).
High Growth Revenue: 9OI'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: 9OI's Return on Equity is forecast to be high in 3 years time (31.6%)
How has ORIOR performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 9OI has high quality earnings.
Growing Profit Margin: 9OI's current net profit margins (5.6%) are higher than last year (4.2%).
Past Earnings Growth Analysis
Earnings Trend: 9OI's earnings have grown by 3.4% per year over the past 5 years.
Accelerating Growth: 9OI's earnings growth over the past year (39.7%) exceeds its 5-year average (3.4% per year).
Earnings vs Industry: 9OI earnings growth over the past year (39.7%) exceeded the Food industry 8.3%.
Return on Equity
High ROE: Whilst 9OI's Return on Equity (37.15%) is high, this metric is skewed due to their high level of debt.
How is ORIOR's financial position?
Financial Position Analysis
Short Term Liabilities: 9OI's short term assets (CHF189.4M) exceed its short term liabilities (CHF85.1M).
Long Term Liabilities: 9OI's short term assets (CHF189.4M) do not cover its long term liabilities (CHF206.6M).
Debt to Equity History and Analysis
Debt Level: 9OI's debt to equity ratio (200.1%) is considered high.
Reducing Debt: 9OI's debt to equity ratio has increased from 50.3% to 200.1% over the past 5 years.
Debt Coverage: 9OI's debt is well covered by operating cash flow (29.6%).
Interest Coverage: 9OI's interest payments on its debt are well covered by EBIT (14.4x coverage).
Inventory Level: 9OI has a high level of physical assets or inventory.
Debt Coverage by Assets: 9OI's debt is covered by short term assets (assets are 1.1x debt).
What is ORIOR's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 9OI's dividend (2.66%) is higher than the bottom 25% of dividend payers in the German market (1.38%).
High Dividend: 9OI's dividend (2.66%) is low compared to the top 25% of dividend payers in the German market (3.53%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 9OI has been paying a dividend for less than 10 years.
Growing Dividend: 9OI'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%), 9OI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 9OI's dividends in 3 years are forecast to be well covered by earnings (47.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Daniel Lutz (53yo)
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 ($USD988.94K) is about average for companies of similar size in the German market ($USD817.80K).
Compensation vs Earnings: Daniel's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||4.92yrs||CHF979.16k||0.049% CHF248.7k|
|Interim Chief Financial Officer||0.75yr||no data||no data|
|Chief Information Officer||2.83yrs||no data||no data|
|Head of Corporate Communication & Investor Relations||no data||no data||no data|
|Head of Rapelli||no data||no data||no data|
|Head of Möfag||no data||no data||no data|
|Head of Albert Spiess||7.25yrs||no data||no data|
|Head of Pastinella & Group Innovation Manager||3.67yrs||no data||no data|
|Head of Orior Europe & Head Culinor Food Group||3yrs||no data||0.12% CHF614.1k|
|Head of Fredag||2.42yrs||no data||no data|
Experienced Management: 9OI's management team is considered experienced (3 years average tenure).
|Vice Chairman of the Board||0.42yr||no data||no data|
|Director||0.42yr||no data||no data|
|Chairman of the Board of Directors||8.42yrs||CHF356.85k||3.08% CHF15.6m|
|Non-Executive Director||6.67yrs||CHF78.52k||0.016% CHF81.6k|
|Director||0.42yr||no data||no data|
Experienced Board: 9OI's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.9%.
ORIOR AG's company bio, employee growth, exchange listings and data sources
- Name: ORIOR AG
- Ticker: 9OI
- Exchange: DB
- Founded: 1852
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: CHF548.578m
- Listing Market Cap: CHF505.855m
- Shares outstanding: 6.51m
- Website: https://www.orior.ch
Number of Employees
- ORIOR AG
- Dufourstrasse 101
|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|
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 Convenience, and ORIOR International. The ORIOR Refinement segment offers Bündnerfleisch, ham, salami, and Mostbröckli products through retailers and food service providers. This segment offers its products under the Rapelli SA, Rapelli, Ticinella, Val Mara, Albert Spiess, MÖFAG, and Fürstenländer Spezialitäten brand names. The ORIOR Convenience segment provides fresh convenience products, such as chilled ready meals, patés, terrines, fresh pasta, vegetarian specialties, poultry and meat products, and seafood products through retail and food service channels. This segment offers its products under the Fredag, Nature Gourmet, Noppa's, Ocean's Best, Le Patron, Rapelli, and Pastinella brands. The ORIOR International segment exports company’s products in the neighboring countries. This segment offers its products under the culinor, Vaco's Kitchen, Albert Spiess, and Nature Gourmet brand names. ORIOR AG was founded in 1852 and is based in Zurich, Switzerland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/09/25 21:56|
|End of Day Share Price||2019/06/28 00:00|
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.