ENXTPA:RBO

Stock Analysis Report

Executive Summary

Roche Bobois S.A. engages in the furniture design and distribution business.

Snowflake

Fundamentals

Reasonable growth potential with adequate balance sheet.

Share Price & News

How has Roche Bobois's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.7%

RBO

4.5%

FR Consumer Durables

4.2%

FR Market


1 Year Return

-26.1%

RBO

-3.6%

FR Consumer Durables

9.4%

FR Market

Return vs Industry: RBO underperformed the French Consumer Durables industry which returned -3.6% over the past year.

Return vs Market: RBO underperformed the French Market which returned 9.4% over the past year.


Shareholder returns

RBOIndustryMarket
7 Day-2.7%4.5%4.2%
30 Day-4.2%-4.8%0.2%
90 Day-13.0%-13.0%0.9%
1 Year-25.0%-26.1%-1.7%-3.6%13.1%9.4%
3 Yearn/a8.5%3.1%44.4%30.5%
5 Yearn/a121.0%98.9%74.5%48.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Roche Bobois undervalued compared to its fair value and its price relative to the market?

18.21x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: RBO (€16.1) is trading above our estimate of fair value (€13.18)

Significantly Undervalued: RBO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RBO is poor value based on its PE Ratio (18.2x) compared to the Consumer Durables industry average (14.4x).

PE vs Market: RBO is poor value based on its PE Ratio (18.2x) compared to the French market (17.4x).


Price to Earnings Growth Ratio

Low PEG Ratio: RBO is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: RBO is overvalued based on its PB Ratio (3x) compared to the FR Consumer Durables industry average (2.4x).


Next Steps

Future Growth

How is Roche Bobois forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

12.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RBO's forecast earnings growth (12.4% per year) is above the savings rate (0.7%).

Earnings vs Market: RBO's earnings (12.4% per year) are forecast to grow faster than the French market (11.4% per year).

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

Revenue vs Market: RBO's revenue (6.8% per year) is forecast to grow faster than the French market (4.5% per year).

High Growth Revenue: RBO's revenue (6.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: RBO's Return on Equity is forecast to be high in 3 years time (21%)


Next Steps

Past Performance

How has Roche Bobois performed over the past 5 years?

-14.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: RBO's earnings have declined by -14.1% per year over the past 5 years.

Accelerating Growth: RBO's earnings growth over the past year (72.8%) exceeds its 5-year average (-14.1% per year).

Earnings vs Industry: RBO earnings growth over the past year (72.8%) exceeded the Consumer Durables industry -3.2%.


Return on Equity

High ROE: RBO's Return on Equity (17%) is considered low.


Return on Assets

ROA vs Industry: RBO's Return on Assets is below or equal to the Consumer Durables industry average last year.


Return on Capital Employed

ROCE Improving: RBO's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Roche Bobois's financial position?


Financial Position Analysis

Short Term Liabilities: RBO's short term assets (€125.3M) exceeds its short term liabilities (€125.0M)

Long Term Liabilities: RBO's short term assets (125.3M) exceeds its long term liabilities (105.6M)


Debt to Equity History and Analysis

Debt Level: RBO's debt to equity ratio (43.7%) is considered high

Reducing Debt: Insufficient data to determine if RBO's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: RBO's debt is well covered by operating cash flow (128%).

Interest Coverage: RBO's interest payments on its debt are well covered by EBIT (13.2x coverage).


Balance Sheet

Inventory Level: RBO has a high level of physical assets or inventory.

Debt Coverage by Assets: RBO's debt is covered by short term assets (assets are 5.271590x debt).


Next Steps

Dividend

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

1.68%

Current Dividend Yield


Dividend Yield vs Market

company1.7%marketbottom25%1.5%markettop25%4.6%industryaverage2.2%forecastin3Years3.0%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: RBO's dividend (1.68%) is higher than the bottom 25% of dividend payers in the French market (1.55%).

High Dividend: RBO's dividend (1.68%) is low compared to the top 25% of dividend payers in the French market (4.61%).

Stable Dividend: Too early to tell whether RBO's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if RBO's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (30.5%), RBO's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: RBO's dividends in 3 years are forecast to be well covered by earnings (28.3% payout ratio).


Next Steps

Management

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


CEO

Roche Bobois has no CEO, or we have no data on them.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Sasha Brinkley

    Sales Director

    • Tenure: 6.3yrs
  • Gilles Bonan (52yo)

    Chairman of the Executive Board

    • Tenure: 0yrs
  • Eric Amourdedieu (49yo)

    Member of the Executive Board

    • Tenure: 0yrs
  • Guillaume Demulier (45yo)

    Member of the Executive Board

    • Tenure: 0yrs
  • Antonin Roche (41yo)

    Member of the Executive Board

    • Tenure: 0yrs

Board Members

  • Giovanni Tamburi (65yo)

    Member of the Supervisory Board

    • Tenure: 0yrs
  • Mercedes Erra (65yo)

    Independent member of the Supervisory Board

    • Tenure: 0yrs
  • Annalisa Elia (53yo)

    Independent member of the Supervisory Board

    • Tenure: 0yrs
  • François Roche (82yo)

    Chairman of the Supervisory Board

    • Tenure: 0yrs
  • Jean-Eric Chouchan (64yo)

    Vice-Chairman of the Supervisory Board

    • Tenure: 0yrs
  • Nicolas Roche (59yo)

    Member of the Supervisory Board

    • Tenure: 0yrs
  • Marie-Claude Chouchan (65yo)

    Non-Voting Member of the Supervisory Board

    • Tenure: 0yrs

Company Information

Roche Bobois S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Roche Bobois S.A.
  • Ticker: RBO
  • Exchange: ENXTPA
  • Founded: 1960
  • Industry: Home Furnishings
  • Sector: Consumer Durables
  • Market Cap: €158.991m
  • Shares outstanding: 9.88m
  • Website: https://www.roche-bobois.com

Number of Employees


Location

  • Roche Bobois S.A.
  • 18 rue de Lyon
  • Paris
  • Ile-de-France
  • 75012
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RBOENXTPA (Euronext Paris)YesCommon SharesFREURJul 2018
RBOPBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURJul 2018

Biography

Roche Bobois S.A. engages in the furniture design and distribution business. It provides living room products, such as sofas and sofa beds, armchairs, cocktail tables, TV units, bookcases, cabinets, sidebo ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 22:07
End of Day Share Price2019/10/15 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.