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Ober

ENXTPA:ALOBR
Snowflake Description

Acceptable track record with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ALOBR
ENXTPA
€16M
Market Cap
  1. Home
  2. FR
  3. Capital Goods
Company description

Ober SA provides wood laminates and panels for interior architecture, decoration, and industry applications worldwide. The last earnings update was 47 days ago. More info.


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ALOBR Share Price and Events
7 Day Returns
-0.9%
ENXTPA:ALOBR
-0.6%
FR Building
-0.1%
FR Market
1 Year Returns
-11.4%
ENXTPA:ALOBR
-17.9%
FR Building
-2.5%
FR Market
ALOBR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ober (ALOBR) -0.9% 2.8% 0.9% -11.4% 15.2% -12%
FR Building -0.6% -2.9% 0.9% -17.9% -10.3% -21.1%
FR Market -0.1% -1.5% -0.3% -2.5% 34% 27.3%
1 Year Return vs Industry and Market
  • ALOBR outperformed the Building industry which returned -17.9% over the past year.
  • ALOBR underperformed the Market in France which returned -2.5% over the past year.
Price Volatility
ALOBR
Industry
5yr Volatility vs Market

ALOBR Value

 Is Ober undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Ober to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Ober.

ENXTPA:ALOBR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11.1%
Perpetual Growth Rate 10-Year FR Government Bond Rate 0.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ENXTPA:ALOBR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year FR Govt Bond Rate 0.7%
Equity Risk Premium S&P Global 6.7%
Building Unlevered Beta Simply Wall St/ S&P Global 1.11
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.114 (1 + (1- 33%) (95.62%))
1.554
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.55
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.73% + (1.554 * 6.65%)
11.07%

Discounted Cash Flow Calculation for ENXTPA:ALOBR using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Ober is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ENXTPA:ALOBR DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 11.07%)
2019 1.90 Analyst x1 1.71
2020 2.00 Analyst x1 1.62
2021 2.00 Analyst x1 1.46
2022 2.00 Est @ 0.22% 1.32
2023 2.01 Est @ 0.37% 1.19
2024 2.02 Est @ 0.48% 1.08
2025 2.03 Est @ 0.56% 0.97
2026 2.05 Est @ 0.61% 0.88
2027 2.06 Est @ 0.65% 0.80
2028 2.07 Est @ 0.67% 0.73
Present value of next 10 years cash flows €11.76
ENXTPA:ALOBR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €2.07 × (1 + 0.73%) ÷ (11.07% – 0.73%)
€20.19
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €20.19 ÷ (1 + 11.07%)10
€7.07
ENXTPA:ALOBR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €11.76 + €7.07
€18.83
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €18.83 / 1.44
€13.06
ENXTPA:ALOBR Discount to Share Price
Calculation Result
Value per share (EUR) From above. €13.06
Current discount Discount to share price of €10.90
= -1 x (€10.90 - €13.06) / €13.06
16.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Ober is available for.
Intrinsic value
17%
Share price is €10.9 vs Future cash flow value of €13.06
Current Discount Checks
For Ober to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Ober's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Ober's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ober's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ober's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ENXTPA:ALOBR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.47
ENXTPA:ALOBR Share Price ** ENXTPA (2019-06-14) in EUR €10.9
France Building Industry PE Ratio Median Figure of 6 Publicly-Listed Building Companies 30.62x
France Market PE Ratio Median Figure of 423 Publicly-Listed Companies 17.6x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ober.

ENXTPA:ALOBR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:ALOBR Share Price ÷ EPS (both in EUR)

= 10.9 ÷ 0.47

23.31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ober is good value based on earnings compared to the FR Building industry average.
  • Ober is overvalued based on earnings compared to the France market.
Price based on expected Growth
Does Ober's expected growth come at a high price?
Raw Data
ENXTPA:ALOBR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 23.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
19.3%per year
Europe Building Industry PEG Ratio Median Figure of 35 Publicly-Listed Building Companies 1.58x
France Market PEG Ratio Median Figure of 268 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

ENXTPA:ALOBR PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 23.31x ÷ 19.3%

1.2x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ober is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Ober's assets?
Raw Data
ENXTPA:ALOBR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €8.54
ENXTPA:ALOBR Share Price * ENXTPA (2019-06-14) in EUR €10.9
France Building Industry PB Ratio Median Figure of 6 Publicly-Listed Building Companies 1.22x
France Market PB Ratio Median Figure of 623 Publicly-Listed Companies 1.46x
ENXTPA:ALOBR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:ALOBR Share Price ÷ Book Value per Share (both in EUR)

= 10.9 ÷ 8.54

1.28x

* Primary Listing of Ober.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ober is overvalued based on assets compared to the FR Building industry average.
X
Value checks
We assess Ober's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Building industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Building industry average (and greater than 0)? (1 check)
  5. Ober has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ALOBR Future Performance

 How is Ober expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
19.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ober expected to grow at an attractive rate?
  • Ober's earnings growth is expected to exceed the low risk savings rate of 0.7%.
Growth vs Market Checks
  • Ober's earnings growth is expected to exceed the France market average.
  • Ober's revenue growth is positive but not above the France market average.
Annual Growth Rates Comparison
Raw Data
ENXTPA:ALOBR Future Growth Rates Data Sources
Data Point Source Value (per year)
ENXTPA:ALOBR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 19.3%
ENXTPA:ALOBR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 3.3%
France Building Industry Earnings Growth Rate Market Cap Weighted Average 25.2%
France Building Industry Revenue Growth Rate Market Cap Weighted Average 3.4%
France Market Earnings Growth Rate Market Cap Weighted Average 12.8%
France Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ENXTPA:ALOBR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ENXTPA:ALOBR Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 44 1 1
2020-12-31 42 1 1
2019-12-31 41 1 1
ENXTPA:ALOBR Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 40 2 1
2018-09-30 40 1
2018-06-30 40 1
2018-03-31 39 1
2017-12-31 38 2 1
2017-09-30 38 1 1
2017-06-30 38 1 1
2017-03-31 39 1 1
2016-12-31 39 2 1
2016-09-30 38 1 1
2016-06-30 38 1 1
2016-03-31 38 1 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ober's earnings are expected to grow by 19.3% yearly, however this is not considered high growth (20% yearly).
  • Ober's revenue is expected to grow by 3.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ENXTPA:ALOBR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Ober Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:ALOBR Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.82 0.82 0.82 1.00
2020-12-31 0.72 0.72 0.72 1.00
2019-12-31 0.57 0.57 0.57 1.00
ENXTPA:ALOBR Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.47
2018-09-30 0.59
2018-06-30
2018-03-31
2017-12-31 0.66
2017-09-30 0.60
2017-06-30 0.54
2017-03-31 0.77
2016-12-31 0.99
2016-09-30 0.85
2016-06-30 0.71
2016-03-31 0.58

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ober will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Ober's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the France market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the France market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ober has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ALOBR Past Performance

  How has Ober performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ober's growth in the last year to its industry (Building).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ober's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Ober's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Ober's 1-year earnings growth is negative, it can't be compared to the FR Building industry average.
Earnings and Revenue History
Ober's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ober Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:ALOBR Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 39.81 0.67 10.44
2018-09-30 40.12 0.85 10.26
2018-06-30 40.43 1.03 10.08
2018-03-31 39.44 0.99 9.82
2017-12-31 38.46 0.95 9.56
2017-09-30 38.20 0.86 9.66
2017-06-30 37.93 0.78 9.76
2017-03-31 38.57 1.11 9.96
2016-12-31 39.20 1.43 10.16
2016-09-30 38.47 1.23 10.07
2016-06-30 37.73 1.02 9.98
2016-03-31 37.86 0.84 9.90
2015-12-31 38.00 0.65 9.82
2015-09-30 37.77 0.41 9.89
2015-06-30 37.53 0.16 9.95
2015-03-31 36.97 0.22 9.89
2014-12-31 36.41 0.29 9.84
2014-09-30 37.03 0.58 9.81
2014-06-30 37.66 0.88 9.78
2014-03-31 37.96 0.98 9.91
2013-12-31 38.25 1.07 10.04
2013-09-30 38.67 2.14 10.51
2013-06-30 39.08 3.22 10.97
2013-03-31 40.09 3.10 11.09
2012-12-31 41.11 2.99 11.20
2012-09-30 40.96 1.56 10.81
2012-06-30 40.81 0.12 10.42

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Ober has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Ober used its assets more efficiently than the FR Building industry average last year based on Return on Assets.
  • Ober has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Ober's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Building industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ober has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ALOBR Health

 How is Ober's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ober's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ober is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ober's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ober's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ober Company Filings, last reported 5 months ago.

ENXTPA:ALOBR Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 15.59 15.03 2.69
2018-09-30 15.59 15.03 2.69
2018-06-30 16.00 14.02 3.47
2018-03-31 16.00 14.02 3.47
2017-12-31 16.23 16.29 2.72
2017-09-30 16.23 16.29 2.72
2017-06-30 15.92 7.77 1.44
2017-03-31 15.92 7.77 1.44
2016-12-31 17.59 8.80 1.44
2016-09-30 17.59 8.80 1.44
2016-06-30 17.05 9.98 1.90
2016-03-31 17.05 9.98 1.90
2015-12-31 17.85 11.40 1.43
2015-09-30 17.85 11.40 1.43
2015-06-30 17.94 11.34 1.58
2015-03-31 17.94 11.34 1.58
2014-12-31 17.07 12.56 1.74
2014-09-30 17.07 12.56 1.74
2014-06-30 17.44 12.60 2.91
2014-03-31 17.44 12.60 2.91
2013-12-31 17.62 14.21 2.94
2013-09-30 17.62 14.21 2.94
2013-06-30 17.63 15.63 4.53
2013-03-31 17.63 15.63 4.53
2012-12-31 18.30 16.10 5.92
2012-09-30 18.30 16.10 5.92
2012-06-30 16.04 18.42 5.60
  • Ober's level of debt (96.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (80.5% vs 96.4% today).
  • Debt is not well covered by operating cash flow (12.8%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.9x coverage).
X
Financial health checks
We assess Ober's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ober has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ALOBR Dividends

 What is Ober's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
6.42%
Current annual income from Ober dividends. Estimated to be 4.59% next year.
If you bought €2,000 of Ober shares you are expected to receive €128 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Ober's pays a higher dividend yield than the bottom 25% of dividend payers in France (1.54%).
  • Ober's dividend is above the markets top 25% of dividend payers in France (4.41%).
Upcoming dividend payment

Purchase Ober before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ENXTPA:ALOBR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
France Building Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 3.8%
France Market Average Dividend Yield Market Cap Weighted Average of 322 Stocks 3.1%
France Minimum Threshold Dividend Yield 10th Percentile 0.9%
France Bottom 25% Dividend Yield 25th Percentile 1.5%
France Top 25% Dividend Yield 75th Percentile 4.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ENXTPA:ALOBR Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.50 1.00
2020-12-31 0.50 1.00
2019-12-31 0.50 1.00
ENXTPA:ALOBR Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2018-04-30 0.700 5.919
2018-04-03 0.700 5.657
2017-10-31 0.000 0.000
2017-10-10 0.000 0.000
2017-05-02 0.700 5.401
2016-04-29 0.700 6.671
2016-04-05 0.700 7.920
2014-05-02 0.700 6.295
2014-04-16 0.700 6.007
2013-04-30 0.830 7.527
2013-04-02 0.830 7.978
2012-05-02 0.830 9.319
2012-04-04 0.830 9.973
2011-04-26 0.830 8.928
2011-04-06 0.830 6.815
2010-04-08 0.830 6.621
2010-03-01 0.830 5.943

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ober has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Ober has only been paying a dividend for 9 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Ober's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.7x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ober's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ober afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ober has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ALOBR Management

 What is the CEO of Ober's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Etienne de la Thébeaudière
CEO Bio

Mr. Etienne de la Thébeaudière serves as the Chief Executive Officer and President of OBER Société Anonyme.

CEO Compensation
  • Insufficient data for Etienne to compare compensation growth.
  • Insufficient data for Etienne to establish whether their remuneration is reasonable compared to companies of similar size in France.
Management Team

Etienne de la Thébeaudière

TITLE
CEO & President
Board of Directors

Clément Lescanne

TITLE
Director

Gilles Vedel

TITLE
Director

Jean Ducroquet

TITLE
Director

Bruno de Montalembert de Cers

TITLE
Director

Benoit Voinot

TITLE
Director

Mohsen Sellami

TITLE
Director

Laurent Sallé

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Ober's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ober has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ALOBR News

Simply Wall St News

Is Ober SA (EPA:ALOBR) Undervalued After Accounting For Its Future Growth?

As the legendary value investor Ben Graham once said, “Price is what you pay, value is what you get.” Ober is trading at price-to-earnings (PE) ratio of 23.31x, which tells us the stock is undervalued based on its latest annual earnings update compared to the Building average of 30.62x , and overvalued compared to the FR market average ratio of 17.64x. … However, since Ober is a high-growth stock, we must also account for its earnings growth by using calculation called the PEG ratio. … A PE ratio of 23.31x and expected year-on-year earnings growth of 19% give Ober a higher PEG ratio of 1.2x.

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Should Ober SA (EPA:ALOBR) Be Part Of Your Income Portfolio?

Dividend paying companies with growing earnings can be highly rewarding in the long term. … As Ober's dividend was not well covered by earnings, we need to check its balance sheet for signs of financial distress. … Earnings per share are down, and Ober's dividend has been cut at least once in the past, which is disappointing.

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Looking At Ober SA (EPA:ALOBR) From All Angles

Attractive stocks have exceptional fundamentals. … In the case of Ober SA (EPA:ALOBR), there's. … For those interested in digger a bit deeper into my commentary,

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How Good Is Ober SA (EPA:ALOBR), When It Comes To ROE?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … One way to conceptualize this, is that for each €1 of shareholders' equity it has, the company made €0.070 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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If You Had Bought Ober (EPA:ALOBR) Stock Three Years Ago, You Could Pocket A 51% Gain Today

Just take a look at Ober SA (EPA:ALOBR), which is up 51%, over three years, soundly beating the market return of 28% (not including dividends). … During three years of share price growth, Ober achieved compound earnings per share growth of 81% per year. … The average annual share price increase of 15% is actually lower than the EPS growth.

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Are Ober SA’s (EPA:ALOBR) Returns On Investment Worth Your While?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

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What Does Ober SA's (EPA:ALOBR) P/E Ratio Tell You?

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … We'll look at Ober SA's (EPA:ALOBR) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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With 31% Earnings Growth, Did Ober SA (EPA:ALOBR) Outperform The Industry?

Today I will examine Ober SA's (EPA:ALOBR) latest earnings update (30 June 2018) and compare these figures against its performance over the past couple of years, in addition to how the rest of ALOBR's industry performed. … ALOBR's trailing twelve-month earnings (from 30 June 2018) of €1.0m has. … Furthermore, this one-year growth rate has exceeded its 5-year annual growth average of -12%, indicating the rate at which ALOBR is growing has accelerated

Simply Wall St -

Should We Be Cautious About Ober SA's (EPA:ALOBR) ROE Of 7.0%?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Our data shows Ober has a return on equity of 7.0% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

What Do You Get For Owning Ober SA (EPA:ALOBR)?

and looking to gauge the potential return on investment in Ober SA (EPA:ALOBR). … This is because the actual cash flow generated by the business dictates the potential for income (dividends) and capital appreciation (price increases), which are the two ways to achieve positive returns when buying a stock. … Thus, to understand how your money can grow by investing in Ober, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)

Simply Wall St -

ALOBR Company Info

Description

Ober SA provides wood laminates and panels for interior architecture, decoration, and industry applications worldwide. The company offers real wood veneer laminates, textured wood products, natural shades and spiced woods, metal laminates, ready-for-use wood products, acoustic and ceiling solutions, flooring products, unfinished wood laminates, magnetic and writable wood panels, and edge banding products. Its products have application in showrooms, stores, hotels, restaurants, theaters, libraries, universities, and residential sites. The company was founded in 1925 and is headquartered in Bar-le-Duc, France. Ober SA is a subsidiary of Ober Finances SAS.

Details
Name: Ober SA
ALOBR
Exchange: ENXTPA
Founded: 1925
€15,713,603
1,441,615
Website: http://www.oberflex.fr
Address: Ober SA
Longeville en Barrois,
Cedex,
Bar-le-Duc,
Lorraine, 55014,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA ALOBR Common Stock Euronext Paris FR EUR 05. Jul 2006
Number of employees
Current staff
Staff numbers
430
Ober employees.
Industry
Building Products
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/16 20:58
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2019/05/16
Last earnings filing: 2019/04/30
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.