DB:COC

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L'Occitane International

Executive Summary

L'Occitane International S.A., together with its subsidiaries, designs, manufactures, and markets various natural and organic ingredient based cosmetics and well-being products. More Details


Snowflake Analysis

Mediocre balance sheet second-rate dividend payer.


Similar Companies

Share Price & News

How has L'Occitane International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: COC is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: COC's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

2.6%

COC

0.1%

DE Personal Products

1.4%

DE Market


1 Year Return

-17.8%

COC

5.9%

DE Personal Products

0.9%

DE Market

Return vs Industry: COC underperformed the German Personal Products industry which returned 1.8% over the past year.

Return vs Market: COC underperformed the German Market which returned 0.6% over the past year.


Shareholder returns

COCIndustryMarket
7 Day2.6%0.1%1.4%
30 Day28.6%2.7%8.7%
90 Day28.7%6.8%2.3%
1 Year-16.6%-17.8%8.1%5.9%4.1%0.9%
3 Year28.2%21.9%36.9%27.7%3.9%-5.1%
5 Year3.3%-5.0%69.8%51.4%24.8%7.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is L'Occitane International undervalued compared to its fair value and its price relative to the market?

22.77x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: COC (€1.89) is trading above our estimate of fair value (€1.61)

Significantly Below Fair Value: COC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: COC is poor value based on its PE Ratio (22.8x) compared to the XE Personal Products industry average (20.8x).

PE vs Market: COC is good value based on its PE Ratio (22.8x) compared to the German market (23.2x).


Price to Earnings Growth Ratio

PEG Ratio: COC is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: COC's PB Ratio (2.4x) is in line with the XE Personal Products industry average.


Next Steps

Future Growth

How is L'Occitane International forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

16.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: COC's forecast earnings growth (16.1% per year) is above the savings rate (0.2%).

Earnings vs Market: COC's earnings (16.1% per year) are forecast to grow slower than the German market (27.3% per year).

High Growth Earnings: COC's earnings are forecast to grow, but not significantly.

Revenue vs Market: COC's revenue (5% per year) is forecast to grow slower than the German market (5.8% per year).

High Growth Revenue: COC's revenue (5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: COC's Return on Equity is forecast to be low in 3 years time (11.5%).


Next Steps

Past Performance

How has L'Occitane International performed over the past 5 years?

0.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: COC has high quality earnings.

Growing Profit Margin: COC's current net profit margins (7.1%) are lower than last year (8.3%).


Past Earnings Growth Analysis

Earnings Trend: COC's earnings have grown by 0.7% per year over the past 5 years.

Accelerating Growth: COC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: COC had negative earnings growth (-1.7%) over the past year, making it difficult to compare to the Personal Products industry average (16.3%).


Return on Equity

High ROE: COC's Return on Equity (9.8%) is considered low.


Next Steps

Financial Health

How is L'Occitane International's financial position?


Financial Position Analysis

Short Term Liabilities: COC's short term assets (€553.0M) exceed its short term liabilities (€466.2M).

Long Term Liabilities: COC's short term assets (€553.0M) do not cover its long term liabilities (€766.8M).


Debt to Equity History and Analysis

Debt Level: COC's debt to equity ratio (40.4%) is considered high.

Reducing Debt: COC's debt to equity ratio has increased from 11.3% to 40.4% over the past 5 years.

Debt Coverage: COC's debt is well covered by operating cash flow (77.8%).

Interest Coverage: COC's interest payments on its debt are well covered by EBIT (9.6x coverage).


Balance Sheet


Next Steps

Dividend

What is L'Occitane International current dividend yield, its reliability and sustainability?

1.23%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: COC's dividend (1.23%) is higher than the bottom 25% of dividend payers in the German market (1.13%).

High Dividend: COC's dividend (1.23%) is low compared to the top 25% of dividend payers in the German market (3.64%).


Stability and Growth of Payments

Stable Dividend: COC has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: COC'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 (28%), COC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: COC's dividends in 3 years are forecast to be well covered by earnings (28% payout ratio).


Next Steps

Management

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

9.4yrs

Average board tenure


CEO

Reinold Geiger (73 yo)

no data

Tenure

€772,000

Compensation

Mr. Reinold Geiger serves as the Chief Executive Officer and Chairman of L’Occitane Incorporated. Mr. Geiger serves as the Chairman and Chief Executive Officer of L'Occitane International S.A., and has bee...


Board Members

NamePositionTenureCompensationOwnership
Reinold Geiger
Chairman & CEOno data€772.00k0.079%
€ 2.1m
Andre Hoffmann
Vice Chairman & MD of Asia-Pacific4.58yrs€480.00k0.17%
€ 4.5m
Thomas Levilion
Group Deputy GM of Finance & Administration and Executive Director12.17yrs€865.00kno data
Karl Guenard
Company Secretary & Executive Director17.42yrs€258.00kno data
Silvain Desjonqueres
Group MD & Executive Director2.17yrs€708.00kno data
Séan Harrington
Executive Director0.17yrno datano data
Martial Lopez
Group Consultant & Non-Executive Director11.17yrs€20.00k0.0041%
€ 108.6k
Valerie Irene Amelie Bernis
Independent Non-Executive Director8yrs€30.00kno data
Pierre Maurice Milet
Independent Non-Executive Director7.83yrs€30.00k0.010%
€ 271.7k
Charles Mark Broadley
Independent Non-Executive Director12.17yrs€45.00kno data
Chik Ng
Independent Non-Executive Director10.83yrs€39.00k0.0021%
€ 54.3k

9.4yrs

Average Tenure

60yo

Average Age

Experienced Board: COC's board of directors are considered experienced (9.4 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

L'Occitane International S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: L'Occitane International S.A.
  • Ticker: COC
  • Exchange: DB
  • Founded: 1976
  • Industry: Personal Products
  • Sector: Household
  • Market Cap: HK$24.440b
  • Listing Market Cap: HK$2.648b
  • Shares outstanding: 1.46b
  • Website: https://group.loccitane.com

Number of Employees


Location

  • L'Occitane International S.A.
  • 49, Boulevard Prince Henri
  • Luxembourg City
  • 1724
  • Luxembourg

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
973SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 2010
COCDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 2010
LCCT.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMay 2010
LCCT.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDMar 2014

Biography

L'Occitane International S.A., together with its subsidiaries, designs, manufactures, and markets various natural and organic ingredient based cosmetics and well-being products. It offers perfumes, soaps, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 19:37
End of Day Share Price2020/11/25 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.