DB:OT7

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Executive Summary

Ontex Group NV manufactures and sells personal hygiene solutions for baby, feminine, and adult care in Western Europe, Eastern Europe, the Americas, and internationally. More Details


Snowflake Analysis

Undervalued with adequate balance sheet.


Similar Companies

Share Price & News

How has Ontex Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: OT7 is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: OT7's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

1.9%

OT7

0.1%

DE Personal Products

1.4%

DE Market


1 Year Return

-40.7%

OT7

5.9%

DE Personal Products

0.9%

DE Market

Return vs Industry: OT7 underperformed the German Personal Products industry which returned 1.8% over the past year.

Return vs Market: OT7 underperformed the German Market which returned 0.6% over the past year.


Shareholder returns

OT7IndustryMarket
7 Day1.9%0.1%1.4%
30 Day2.0%2.7%8.7%
90 Day-12.6%6.8%2.3%
1 Year-40.7%-40.7%8.1%5.9%4.1%0.9%
3 Year-63.5%-64.8%36.9%27.7%3.9%-5.1%
5 Year-68.4%-70.2%69.8%51.4%24.8%7.1%

Long-Term Price Volatility Vs. Market

How volatile is Ontex Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ontex Group undervalued compared to its fair value and its price relative to the market?

6.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: OT7 (€9.89) is trading below our estimate of fair value (€10.6)

Significantly Below Fair Value: OT7 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: OT7 is good value based on its PE Ratio (11.7x) compared to the XE Personal Products industry average (20.8x).

PE vs Market: OT7 is good value based on its PE Ratio (11.7x) compared to the German market (23.2x).


Price to Earnings Growth Ratio

PEG Ratio: OT7 is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: OT7 is good value based on its PB Ratio (0.7x) compared to the XE Personal Products industry average (2.4x).


Next Steps

Future Growth

How is Ontex Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

13.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OT7's forecast earnings growth (13.9% per year) is above the savings rate (0.2%).

Earnings vs Market: OT7's earnings (13.9% per year) are forecast to grow slower than the German market (27.3% per year).

High Growth Earnings: OT7's earnings are forecast to grow, but not significantly.

Revenue vs Market: OT7's revenue (0.6% per year) is forecast to grow slower than the German market (5.8% per year).

High Growth Revenue: OT7's revenue (0.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: OT7's Return on Equity is forecast to be low in 3 years time (8.6%).


Next Steps

Past Performance

How has Ontex Group performed over the past 5 years?

-7.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OT7 has a large one-off loss of €41.5M impacting its June 30 2020 financial results.

Growing Profit Margin: OT7's current net profit margins (3.2%) are higher than last year (2.4%).


Past Earnings Growth Analysis

Earnings Trend: OT7's earnings have declined by 7.6% per year over the past 5 years.

Accelerating Growth: OT7's earnings growth over the past year (28%) exceeds its 5-year average (-7.6% per year).

Earnings vs Industry: OT7 earnings growth over the past year (28%) exceeded the Personal Products industry 16.3%.


Return on Equity

High ROE: OT7's Return on Equity (6.4%) is considered low.


Next Steps

Financial Health

How is Ontex Group's financial position?


Financial Position Analysis

Short Term Liabilities: OT7's short term assets (€1.1B) exceed its short term liabilities (€990.5M).

Long Term Liabilities: OT7's short term assets (€1.1B) exceed its long term liabilities (€972.4M).


Debt to Equity History and Analysis

Debt Level: OT7's debt to equity ratio (101%) is considered high.

Reducing Debt: OT7's debt to equity ratio has increased from 86.2% to 101% over the past 5 years.

Debt Coverage: OT7's debt is well covered by operating cash flow (20.1%).

Interest Coverage: OT7's interest payments on its debt are well covered by EBIT (5.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Ontex Group current dividend yield, its reliability and sustainability?

3.13%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate OT7's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate OT7'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 OT7's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OT7's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: OT7 is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of OT7's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

4.5yrs

Average management tenure


CEO

Thierry Navarre

0.33

Tenure

Mr. Thierry Navarre serves as Chief Transformation Officer of Ontex Group NV since 2019 and has been its Interim Chief Executive Officer since July 30, 2020. He served as Chief Operating Officer of Ontex G...


Leadership Team

NamePositionTenureCompensationOwnership
Thierry Navarre
Interim CEO & Chief Transformation Officer0.33yrno datano data
Charles André Desmartis
CFO and Executive VP of Finance1.83yrsno datano data
Axel Loebel
Executive Vice-President of Operations1.75yrsno datano data
Laurent Bonnard
President of Europe Division & Group Commercial and Group Sales & Marketing Director7.17yrsno datano data
Astrid De Lathauwer
Executive Vice-President of Human Resources6.08yrsno datano data
Philippe Agostini
Executive Vice-President of Procurement7.17yrsno datano data
Annick De Poorter
Executive Vice-President of R&Dno datano datano data
Xavier Lambrecht
President of Healthcare Divisionno datano datano data
Luc Missorten
Senior Advisor to the Board0.50yr€192.50kno data
Armando Amselem
President of AMEAA Division4.5yrsno datano data
Philip Ludwig
Head of Investor Relations & Financial Communications6.17yrsno datano data
Gaelle Vilatte
Head of Corporate Communicationsno datano datano data

4.5yrs

Average Tenure

57yo

Average Age

Experienced Management: OT7's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Aldo Cardoso
Non-Executive Director1.5yrs€42.50kno data
Hans Van Bylen
Independent Chairman of the Board0.50yrno datano data
Frederic Larmuseau
Independent Non-Executive Director0.83yrno datano data
Ingeborg Boets
Independent Director6.42yrs€111.00kno data
Regi Aalstad
Independent Director3.5yrs€100.00kno data
Juan Gilberto Quintero
Non-Executive Director4.5yrs€82.50kno data
Michael Bredael
Non-Executive Director3.5yrs€107.50kno data
Esther Berrozpe Galindo
Independent Director1.5yrs€47.50kno data

2.5yrs

Average Tenure

58yo

Average Age

Experienced Board: OT7's board of directors are not considered experienced ( 2.5 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

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


Top Shareholders

Company Information

Ontex Group NV's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ontex Group NV
  • Ticker: OT7
  • Exchange: DB
  • Founded: 1979
  • Industry: Personal Products
  • Sector: Household
  • Market Cap: €853.835m
  • Shares outstanding: 80.86m
  • Website: https://www.ontexglobal.com

Number of Employees


Location

  • Ontex Group NV
  • Korte Keppestraat 21
  • Erembodegem
  • East Flanders
  • 9320
  • Belgium

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ONTEXENXTBR (Euronext Brussels)YesOrdinary SharesBEEURJun 2014
OT7DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 2014
0QVQLSE (London Stock Exchange)YesOrdinary SharesGBEURJun 2014
ONTEXbBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJun 2014
ONXX.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 2014
ONTXWBAG (Wiener Boerse AG)YesOrdinary SharesATEURJun 2014
ONTEX NBMV (Bolsa Mexicana de Valores)YesOrdinary SharesMXMXNJun 2014
ONXY.YOTCPK (Pink Sheets LLC)UNSPONSORE ADRUSUSDMar 2017

Biography

Ontex Group NV manufactures and sells personal hygiene solutions for baby, feminine, and adult care in Western Europe, Eastern Europe, the Americas, and internationally. It offers baby care products, such ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 19:59
End of Day Share Price2020/11/25 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.