Share Price & News
How has Corticeira Amorim S.G.P.S's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: COR has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: COR underperformed the Portuguese Packaging industry which returned 15.6% over the past year.
Return vs Market: COR exceeded the Portuguese Market which returned -8.6% over the past year.
Price Volatility Vs. Market
How volatile is Corticeira Amorim S.G.P.S's share price compared to the market and industry in the last 5 years?
Simply Wall St News
14 hours ago | Simply Wall StHow Should Investors Feel About Corticeira Amorim S.G.P.S' (ELI:COR) CEO Remuneration?
1 week ago | Simply Wall StThree Things You Should Check Before Buying Corticeira Amorim, S.G.P.S., S.A. (ELI:COR) For Its Dividend
3 weeks ago | Simply Wall StDoes Corticeira Amorim S.G.P.S (ELI:COR) Have A Healthy Balance Sheet?
Is Corticeira Amorim S.G.P.S undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: COR (€10.44) is trading above our estimate of fair value (€10.04)
Significantly Below Fair Value: COR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: COR is poor value based on its PE Ratio (20.2x) compared to the XE Packaging industry average (14.6x).
PE vs Market: COR is poor value based on its PE Ratio (20.2x) compared to the Portuguese market (14.9x).
Price to Earnings Growth Ratio
PEG Ratio: COR is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: COR is overvalued based on its PB Ratio (2.7x) compared to the XE Packaging industry average (1.8x).
How is Corticeira Amorim S.G.P.S forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: COR's forecast earnings growth (14.8% per year) is above the savings rate (2.1%).
Earnings vs Market: COR's earnings (14.8% per year) are forecast to grow slower than the Portuguese market (15.5% per year).
High Growth Earnings: COR's earnings are forecast to grow, but not significantly.
Revenue vs Market: COR's revenue (4.3% per year) is forecast to grow slower than the Portuguese market (5% per year).
High Growth Revenue: COR's revenue (4.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: COR's Return on Equity is forecast to be low in 3 years time (15.4%).
How has Corticeira Amorim S.G.P.S performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COR has high quality earnings.
Growing Profit Margin: COR's current net profit margins (9.1%) are lower than last year (9.9%).
Past Earnings Growth Analysis
Earnings Trend: COR's earnings have grown by 4.1% per year over the past 5 years.
Accelerating Growth: COR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: COR had negative earnings growth (-10%) over the past year, making it difficult to compare to the Packaging industry average (19.5%).
Return on Equity
High ROE: COR's Return on Equity (13.3%) is considered low.
How is Corticeira Amorim S.G.P.S's financial position?
Financial Position Analysis
Short Term Liabilities: COR's short term assets (€704.3M) exceed its short term liabilities (€384.6M).
Long Term Liabilities: COR's short term assets (€704.3M) exceed its long term liabilities (€131.3M).
Debt to Equity History and Analysis
Debt Level: COR's debt to equity ratio (34.5%) is considered satisfactory.
Reducing Debt: COR's debt to equity ratio has increased from 30.6% to 34.5% over the past 5 years.
Debt Coverage: COR's debt is well covered by operating cash flow (61.5%).
Interest Coverage: COR's interest payments on its debt are well covered by EBIT (57.9x coverage).
What is Corticeira Amorim S.G.P.S current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: COR's dividend (2.59%) is higher than the bottom 25% of dividend payers in the Portuguese market (2.57%).
High Dividend: COR's dividend (2.59%) is low compared to the top 25% of dividend payers in the Portuguese market (7.85%).
Stability and Growth of Payments
Stable Dividend: COR's dividend payments have been volatile in the past 10 years.
Growing Dividend: COR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.7%), COR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: COR's dividends in 3 years are forecast to be well covered by earnings (39.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
António de Amorim (52 yo)
Mr. António Rios De Amorim has been Executive Chairman and Chief Executive Officer of Corticeira Amorim SGPS SA since March 31, 2001 and serves as its Director since March 29, 1990. Mr. De Amorim serves as ...
CEO Compensation Analysis
Compensation vs Market: António's total compensation ($USD422.25K) is below average for companies of similar size in the Portuguese market ($USD1.02M).
Compensation vs Earnings: António's compensation has been consistent with company performance over the past year.
|Chairman & CEO||19.5yrs||€359.68k||no data|
|Vice-Chairman||no data||€229.68k||no data|
|Executive Director||11.17yrs||€211.04k||no data|
|Non-Executive Director||17.5yrs||€63.00k||no data|
|Non-Executive Director||8.17yrs||€144.27k||no data|
|Non-Executive Director||8.17yrs||no data||no data|
|Chairman of Supervisory Board||no data||€12.00k||no data|
|Member of Supervisory Board||6.5yrs||€9.60k||no data|
|Member of Supervisory Board||1.42yrs||€7.20k||no data|
Experienced Board: COR's board of directors are considered experienced (8.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Corticeira Amorim, S.G.P.S., S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Corticeira Amorim, S.G.P.S., S.A.
- Ticker: COR
- Exchange: ENXTLS
- Founded: 1870
- Industry: Metal and Glass Containers
- Sector: Materials
- Market Cap: €1.389b
- Shares outstanding: 133.00m
- Website: https://www.corticeiraamorim.com
Number of Employees
- Corticeira Amorim, S.G.P.S., S.A.
- Edifício Amorim I
- Rua de Meladas, Nº 380
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|COR||ENXTLS (Euronext Lisbon)||Yes||Ordinary Shares||PT||EUR||Jan 1992|
|0O7J||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|CORU||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|AS4||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
Corticeira Amorim, S.G.P.S., S.A. manufactures and sells cork and cork related products worldwide. The company operates through Raw Materials, Cork Stoppers, Floor and Wall Coverings, Composite Cork, and I ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/29 21:04|
|End of Day Share Price||2020/09/29 00:00|
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.