Financials Origin Enterprises plc

Equities

Market Closed - Irish S.E. Other stock markets 11:55:00 2024-04-26 am EDT			5-day change	1st Jan Change
3.3 ^EUR	0.00%		+2.33%	-4.07%

Apr. 02	Origin Enterprises appoints Glanbia's Colm Purcell as finance chief	AN
Apr. 02	Origin Enterprises Appoints Glanbia Exec as New CFO	MT

Fiscal Period: Juli	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	617.1	398.1	432	457.6	357.6	356.2	-	-
Enterprise Value (EV) ¹	693.6	492.1	492.6	462.7	359.4	509.7	491.7	470.8
P/E ratio	11.9 x	20.4 x	11.6 x	6.24 x	7.39 x	7.17 x	6.6 x	6.35 x
Yield	4.31%	0.99%	3.2%	4.04%	5.25%	4.91%	4.92%	4.45%
Capitalization / Revenue	0.34 x	0.25 x	0.26 x	0.2 x	0.15 x	0.17 x	0.17 x	0.17 x
EV / Revenue	0.39 x	0.31 x	0.3 x	0.2 x	0.15 x	0.24 x	0.23 x	0.22 x
EV / EBITDA	7.66 x	8.25 x	6.62 x	3.47 x	3.49 x	4.79 x	4.31 x	4.07 x
EV / FCF	16.9 x	8.25 x	11.3 x	4.27 x	4.06 x	-6.6 x	7.28 x	5.37 x
FCF Yield	5.91%	12.1%	8.86%	23.4%	24.6%	-15.2%	13.7%	18.6%
Price to Book	1.8 x	1.3 x	1.23 x	1.24 x	0.92 x	0.97 x	0.84 x	-
Nbr of stocks (in thousands)	124,783	125,596	125,596	115,555	111,762	107,941	-	-
Reference price ²	4.945	3.170	3.440	3.960	3.200	3.300	3.300	3.300
Announcement Date	9/25/19	9/23/20	9/29/21	9/27/22	9/26/23	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: July	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	1,798	1,589	1,658	2,342	2,456	2,081	2,130	2,099
EBITDA ¹	90.56	59.62	74.36	133.5	102.9	106.4	114.1	115.6
EBIT ¹	80.21	40.87	55.27	111.3	81.4	77.6	83.9	90.17
Operating Margin	4.46%	2.57%	3.33%	4.75%	3.31%	3.73%	3.94%	4.3%
Earnings before Tax (EBT) ¹	61.41	23.12	47.82	104.2	67.64	53.5	64.9	71.3
Net income ¹	52.72	19.86	38.23	79.9	51.03	46.8	53.05	56.95
Net margin	2.93%	1.25%	2.31%	3.41%	2.08%	2.25%	2.49%	2.71%
EPS ²	0.4160	0.1553	0.2974	0.6349	0.4331	0.4600	0.5000	0.5200
Free Cash Flow ¹	40.99	59.68	43.66	108.5	88.53	-77.27	67.53	87.75
FCF margin	2.28%	3.76%	2.63%	4.63%	3.6%	-3.71%	3.17%	4.18%
FCF Conversion (EBITDA)	45.26%	100.1%	58.71%	81.25%	86.05%	-	59.19%	75.94%
FCF Conversion (Net income)	77.75%	300.52%	114.19%	135.78%	173.48%	-	127.3%	154.08%
Dividend per Share ²	0.2132	0.0315	0.1100	0.1600	0.1680	0.1620	0.1622	0.1468
Announcement Date	9/25/19	9/23/20	9/29/21	9/27/22	9/26/23	-	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: Juli	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	76.5	93.9	60.5	5.12	1.74	153	136	115
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	0.8447 x	1.576 x	0.8142 x	0.0384 x	0.0169 x	1.443 x	1.188 x	0.9918 x
Free Cash Flow ¹	41	59.7	43.7	108	88.5	-77.3	67.5	87.8
ROE (net income / shareholders' equity)	19.7%	9.98%	11.4%	20.9%	12.5%	13.5%	13.9%	14.1%
ROA (Net income/ Total Assets)	-	-	-	-	4.34%	8.7%	10.1%	12%
Assets ¹	-	-	-	-	1,176	537.9	525.2	474.6
Book Value Per Share ²	2.750	2.440	2.810	3.200	3.480	3.420	3.910	-
Cash Flow per Share	0.7100	0.7300	0.6200	-	-	-	-	-
Capex ¹	16.4	15.7	18.2	24.1	36.3	28.2	21.6	22.1
Capex / Sales	0.91%	0.99%	1.1%	1.03%	1.48%	1.36%	1.01%	1.05%
Announcement Date	9/25/19	9/23/20	9/29/21	9/27/22	9/26/23	-	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

3.3 EUR

Average target price

4.598 EUR

Spread / Average Target

+39.33%

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