ENXTPA:RBT

Stock Analysis Report

Executive Summary

Robertet SA produces perfumes, aromas, and natural products worldwide.

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-0.4%

RBT

3.3%

FR Chemicals

2.9%

FR Market


1 Year Return

37.8%

RBT

18.4%

FR Chemicals

10.2%

FR Market

Return vs Industry: RBT exceeded the French Chemicals industry which returned 18.4% over the past year.

Return vs Market: RBT exceeded the French Market which returned 10.2% over the past year.


Share holder returns

RBTIndustryMarket
7 Day-0.4%3.3%2.9%
30 Day6.4%3.0%-0.3%
90 Day12.1%6.2%0.1%
1 Year39.1%37.8%21.2%18.4%14.0%10.2%
3 Year131.7%124.7%56.1%45.8%44.3%30.4%
5 Year362.3%335.4%83.9%59.5%75.2%49.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

30.82x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: RBT (€714) is trading above our estimate of fair value (€375.61)

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


Price Based on Earnings

PE vs Industry: RBT is poor value based on its PE Ratio (30.8x) compared to the Chemicals industry average (23x).

PE vs Market: RBT is poor value based on its PE Ratio (30.8x) compared to the French market (17.1x).


Price Based on Expected Growth

Low PEG Ratio: RBT is poor value based on its PEG Ratio (2.7x)


Price Based on Value of Assets

PB vs Industry: RBT is overvalued based on its PB Ratio (3.9x) compared to the FR Chemicals industry average (1.2x).


Next Steps

Future Growth

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

11.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: RBT's forecast earnings growth (11.4% per year) is above the savings rate (0.7%).

Earnings vs Market: RBT's earnings (11.4% per year) are forecast to grow faster than the French market (11.1% per year).

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

Revenue vs Market: RBT's revenue (5.3% per year) is forecast to grow faster than the French market (4.5% per year).

High Growth Revenue: RBT's revenue (5.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: Insufficient data to determine if RBT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Robertet performed over the past 5 years?

13.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: RBT's earnings have grown by 13.9% per year over the past 5 years.

Accelerating Growth: RBT's earnings growth over the past year (5.8%) is below its 5-year average (13.9% per year).

Earnings vs Industry: RBT earnings growth over the past year (5.8%) exceeded the Chemicals industry -15.3%.


Return on Equity

High ROE: RBT's Return on Equity (12.6%) is considered low.


Return on Assets

ROA vs Industry: RBT has a higher Return on Assets than the Chemicals industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is Robertet's financial position?


Financial Position Analysis

Short Term Liabilities: RBT's short term assets (€446.7M) exceeds its short term liabilities (€138.1M)

Long Term Liabilities: RBT's short term assets (446.7M) exceeds its long term liabilities (95.8M)


Debt to Equity History and Analysis

Debt Level: RBT's debt to equity ratio (26.5%) is considered satisfactory

Reducing Debt: RBT's debt to equity ratio has reduced from 39.8% to 26.5% over the past 5 years.

Debt Coverage: RBT's debt is well covered by operating cash flow (54%).

Interest Coverage: RBT's interest payments on its debt are well covered by EBIT (66.5x coverage).


Balance Sheet

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

Debt Coverage by Assets: RBT's debt is covered by short term assets (assets are 3.935970x debt).


Next Steps

Dividend

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

0.95%

Expected Dividend Yield


Dividend Yield vs Market

company0.8%marketbottom25%1.6%markettop25%4.6%industryaverage1.1%forecastin3Years1.0%

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: RBT's dividend (0.78%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.57%).

High Dividend: RBT's dividend (0.78%) is low compared to the top 25% of dividend payers in the French market (4.65%).

Stable Dividend: RBT is not paying a notable dividend for the French market, therefore no need to check if payments are stable.

Growing Dividend: RBT is not paying a notable dividend for the French market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: RBT is not paying a notable dividend for .


Future Payout to Shareholders

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


Next Steps

Management

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

€862k

CEO Compensation


CEO

Philippe Maubert 0

0yrs

Tenure

€862,140

Compensation

Mr. Philippe Maubert serves as Chairman of the Board of Directors and Chief Executive Officer of Robertet SA and served as its President and Member of Executive Board. 


CEO Compensation Analysis

Compensation vs. Market: Philippe's total compensation ($USD952.64K) is about average for companies of similar size in the French market ($USD1.14M).

Compensation vs Earnings: Philippe's compensation has been consistent with company performance over the past year.


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

  • Robert Weinstein

    Head of The Raw Materials Division

    • Tenure: 0yrs
  • Lionel Picolet

    Executive Vice-President and Director

    • Tenure: 0yrs
    • Compensation: €504.00k
  • Philippe Maubert

    Chairman & CEO

    • Tenure: 0yrs
    • Compensation: €862.14k
  • Gilles Audoli

    Financial Manager

    • Tenure: 0yrs
  • Christophe Maubert

    Deputy Chief Executive Officer

    • Tenure: 0yrs
    • Compensation: €520.40k
  • Olivier Maubert

    Deputy CEO

    • Tenure: 0yrs
    • Compensation: €352.06k
  • Jean-Daniel Dor

    Head of International Development

    • Tenure: 0yrs

Board Members

  • Alain Moynot (74yo)

    Director

    • Tenure: 0yrs
    • Compensation: €27.50k
  • Lionel Picolet

    Executive Vice-President and Director

    • Tenure: 0yrs
    • Compensation: €504.00k
  • Philippe Maubert

    Chairman & CEO

    • Tenure: 0yrs
    • Compensation: €862.14k
  • Xavier Givaudan

    Independent Director

    • Tenure: 0yrs
    • Compensation: €10.00k
  • Dlawar Barakat

    Independent Director

    • Tenure: 0yrs
    • Compensation: €10.00k
  • Christophe Maubert

    Deputy Chief Executive Officer

    • Tenure: 0yrs
    • Compensation: €520.40k
  • Olivier Maubert

    Deputy CEO

    • Tenure: 0yrs
    • Compensation: €352.06k
  • Isabelle de la Celle Maubert

    Director

    • Tenure: 0yrs
    • Compensation: €12.50k
  • Canovas Gutteriez

    Director

    • Tenure: 0yrs
  • Lombard Pincon

    Independent Director

    • Tenure: 0yrs
    • Compensation: €19.50k

Company Information

Robertet SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Robertet SA
  • Ticker: RBT
  • Exchange: ENXTPA
  • Founded:
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: €1.631b
  • Shares outstanding: 2.31m
  • Website: https://www.robertet.com

Number of Employees


Location

  • Robertet SA
  • 37, avenue Sidi Brahim
  • BP 52100
  • Grasse
  • Provence-Alpes-Côte d'Azur
  • 6130
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RBTENXTPA (Euronext Paris)YesOrdinary SharesFREURJan 1992
CBEENXTPA (Euronext Paris)Investment CertificatesFREURJan 1992
0NZNLSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
RBTE.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
RBTPBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992
0R7DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
0R7BST (Boerse-Stuttgart)YesOrdinary SharesDEEURJan 1992

Biography

Robertet SA produces perfumes, aromas, and natural products worldwide. Its products primarily include fragrances, organic essential oils, active ingredients, and flavors. The company is headquartered in Gr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/13 20:34
End of Day Share Price2019/10/11 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.

© 2018 SIMPLY WALL STREET PTY LTD, COMMUNITY DESIGN 2845206, US DESIGN PATENT #29/544/281, EUROPEAN DESIGN REGISTRATION #2845206, STANDARD & POOR’S FINANCIAL SERVICES LLC. ALL RIGHTS RESERVED.

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Copyright © 2018, Standard & Poor’s Financial Services LLC. Reproduction of S&P Capital IQ in any form is prohibited except with the prior written permission of S&P. S&P does not guarantee the accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions, regardless of the cause or for the results obtained from the use of such information. S&P DISCLAIMS ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. In no event shall S&P be liable for any direct, indirect, special or consequential damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with subscriber’s or others’ use of S&P Capital IQ. (2018)