ISE:OIZ

Stock Analysis Report

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Executive Summary

Origin Enterprises plc operates as an agri-services company in Ireland, the United Kingdom, Belgium, Brazil, Poland, Romania, and Ukraine.


Snowflake Analysis

Undervalued established dividend payer.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: OIZ's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

7.6%

OIZ

2.0%

IE Food

3.6%

IE Market


1 Year Return

-27.8%

OIZ

-1.7%

IE Food

19.3%

IE Market

Return vs Industry: OIZ underperformed the Irish Food industry which returned -1.7% over the past year.

Return vs Market: OIZ underperformed the Irish Market which returned 19.3% over the past year.


Shareholder returns

OIZIndustryMarket
7 Day7.6%2.0%3.6%
30 Day10.4%1.5%6.0%
90 Day24.6%4.7%22.7%
1 Year-22.9%-27.8%0.7%-1.7%21.2%19.3%
3 Year-40.4%-47.9%23.2%15.7%12.6%7.3%
5 Year-42.6%-53.2%46.8%32.6%42.2%31.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Origin Enterprises undervalued compared to its fair value and its price relative to the market?

49.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: OIZ (€3.47) is trading below our estimate of fair value (€6.81)

Significantly Below Fair Value: OIZ is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: OIZ is good value based on its PE Ratio (10.1x) compared to the XE Food industry average (19.4x).

PE vs Market: OIZ is good value based on its PE Ratio (10.1x) compared to the Irish market (17.5x).


Price to Earnings Growth Ratio

PEG Ratio: OIZ is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: OIZ is overvalued based on its PB Ratio (1.4x) compared to the XE Food industry average (1.1x).


Next Steps

Future Growth

How is Origin Enterprises forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

24.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OIZ's forecast earnings growth (24.1% per year) is above the savings rate (0.7%).

Earnings vs Market: OIZ's earnings (24.1% per year) are forecast to grow slower than the Irish market (28.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: OIZ's revenue (4.8% per year) is forecast to grow slower than the Irish market (9.1% per year).

High Growth Revenue: OIZ's revenue (4.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: OIZ's Return on Equity is forecast to be low in 3 years time (13.7%).


Next Steps

Past Performance

How has Origin Enterprises performed over the past 5 years?

-7.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OIZ has high quality earnings.

Growing Profit Margin: OIZ's current net profit margins (2.5%) are lower than last year (3.4%).


Past Earnings Growth Analysis

Earnings Trend: OIZ's earnings have declined by 7.2% per year over the past 5 years.

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

Earnings vs Industry: OIZ had negative earnings growth (-27.6%) over the past year, making it difficult to compare to the Food industry average (-2.8%).


Return on Equity

High ROE: OIZ's Return on Equity (13.6%) is considered low.


Next Steps

Financial Health

How is Origin Enterprises's financial position?


Financial Position Analysis

Short Term Liabilities: OIZ's short term assets (€665.3M) exceed its short term liabilities (€445.6M).

Long Term Liabilities: OIZ's short term assets (€665.3M) exceed its long term liabilities (€385.5M).


Debt to Equity History and Analysis

Debt Level: OIZ's debt to equity ratio (104.2%) is considered high.

Reducing Debt: OIZ's debt to equity ratio has reduced from 124.3% to 104.2% over the past 5 years.

Debt Coverage: OIZ's debt is not well covered by operating cash flow (14%).

Interest Coverage: OIZ's interest payments on its debt are well covered by EBIT (5.3x coverage).


Balance Sheet


Next Steps

Dividend

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

6.15%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: OIZ's dividend (6.15%) is higher than the bottom 25% of dividend payers in the Irish market (2.52%).

High Dividend: OIZ's dividend (6.15%) is in the top 25% of dividend payers in the Irish market (3.96%)


Stability and Growth of Payments

Stable Dividend: OIZ's dividend payments have been volatile in the past 10 years.

Growing Dividend: OIZ's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (62.4%), OIZ's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: OIZ's dividends in 3 years are forecast to be well covered by earnings (37.7% payout ratio).


Next Steps

  • Explore strong dividend paying companies in the Food, Beverage & Tobacco industry.

Management

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

2.2yrs

Average management tenure


CEO

Sean Coyle (47 yo)

0.083

Tenure

€672,000

Compensation

Mr. Sean Gerard Coyle has been the Group Chief Executive Officer of Origin Enterprises plc since July 1, 2020. He had been the Chief Financial Officer of Origin Enterprises plc since September 1, 2018 unti ...


CEO Compensation Analysis

Compensation vs Market: Sean's total compensation ($USD794.89K) is about average for companies of similar size in the Irish market ($USD792.45K).

Compensation vs Earnings: Insufficient data to compare Sean's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Sean Coyle
Group CEO & Executive Director0.083yr€672.00k0.060%
€ 259.9k
Declan Giblin
CEO of Latin American Division11.83yrs€1.24m0.29%
€ 1.3m
Brendan Corcoran
Head of Investor Relations & Group Planning1.92yrsno datano data
Barbara Keane
Group General Counsel & Company Secretary1.25yrsno datano data
John Butler
Head of Business Development & Propertyno datano datano data
Jimmy Burke
Head of Research & Knowledge Transfer3.67yrsno datano data
Rafal Prendke
CEO of Continental European Division2.42yrsno datano data

2.2yrs

Average Tenure

64yo

Average Age

Experienced Management: OIZ's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sean Coyle
Group CEO & Executive Director0.083yr€672.00k0.060%
€ 259.9k
Declan Giblin
CEO of Latin American Division11.83yrs€1.24m0.29%
€ 1.3m
Hugh McCutcheon
Non Executive Senior Independent Director4.75yrs€71.00k0.036%
€ 155.9k
Rose Hynes
Independent Non-Executive Chairman4.83yrs€137.00k0.0031%
€ 13.4k
Christopher G. Richards
Independent Non-Executive Director4.83yrs€62.00k0.0061%
€ 26.6k
Thomas O'Mahony
Executive Director13.5yrs€1.30m1.32%
€ 5.7m
H. Allum
Independent Non-Executive Director4.83yrs€70.00kno data
Gary Britton
Independent Non-Executive Director4.83yrs€74.00k0.0040%
€ 17.3k

4.8yrs

Average Tenure

63yo

Average Age

Experienced Board: OIZ's board of directors are considered experienced (4.8 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

Origin Enterprises plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Origin Enterprises plc
  • Ticker: OIZ
  • Exchange: ISE
  • Founded: 2006
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Market Cap: €435.190m
  • Shares outstanding: 125.60m
  • Website: https://www.originenterprises.com

Number of Employees


Location

  • Origin Enterprises plc
  • 4-6 Riverwalk
  • Citywest Business Campus
  • Dublin
  • Co. Dublin
  • 24
  • Ireland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OGNAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBEURJun 2007
OIZISE (Irish Stock Exchange)YesOrdinary SharesIEEURJun 2007
OREN.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 2007
OIZIBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJun 2007

Biography

Origin Enterprises plc operates as an agri-services company in Ireland, the United Kingdom, Belgium, Brazil, Poland, Romania, and Ukraine. It offers integrated agronomy services, including specialty agrono ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 10:38
End of Day Share Price2020/08/13 00:00
Earnings2020/01/31
Annual Earnings2019/07/31


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.