TheScreener - Oeneo SA (SBT) OENEO sees a downgrade to Neutral on account of less fundamental stars

Report

TheScreener

EUR 13.99 For Business Accounts Only

OENEO sees a downgrade to Neutral on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of OENEO (FR), active in the Forestry industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered defensive. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Neutral. As of the analysis date July 21, 2020, the closing price was EUR 11.10 and its target price was estimated at EUR 9.11.

22/07/2020 6 EN

Underlying

Oeneo SA

Oeneo is engaged in the production of barrels for wine (casks, barrels, tanks, drums and alternative products) and technological corks for wine bottles.

See profile

FR0000052680 Euronext Paris France

Provider

TheScreener

Empowering Investors

theScreener is the market leader for independent valuations of financial securities, equities, sectors and markets, and new funds. theScreener's ratings, analyses are used by leading banks, asset managers and financial portals. Approximately 10,000 workstations benefit from theScreener's services, with over millions of customer accounts actively analysed.

Worldwide coverage: theScreener analyses cover around 6'500 Stocks, i.e 95% of the world Market Capitalization. theScreener state of art: We provide
theScreener state of art: We provide easy to use and complete analyses over Stocks, including Fundamentals / Technical / Risk/ Peer / Alternatives analyses.
For Research Pool community, we provide twice a week around 500 new equity analyses. We produce analyses about equities which have been upgraded or downgraded.

See profile

Other Reports on these Companies

Degroof Petercam

Oeneo - Sharp drop in sales in Q3, but the Group anticipates a smoother Q4

Q3 sales down 20% due to distributor destocking, lower wine consumption and unfavorable basis for comparison9-month sales down 14%, penalized by sharp drop in Capping salesAccording to management, Q4 sales are expected to decline less sharply than in Q3, with annual recurring EBIT margin of around 13%.We have lowered our guidance for FY 2023/24 and FY 2024/25Price target lowered to €12/share from €12.7/share previously.Newsflow is not good and valuation multiples challenging, yet we remain at "ADD" on the stock as it remains an obvious candidate for delisting. The takeover bid launched by the ...

January 25, 2024 January 25, 2024 1 EN

Degroof Petercam

Oeneo - H1 recurring EBIT down as expected, no improvement until Q4

Recurring EBIT down 30% in H1 to €14m, penalized by raw material inflation and lower volumes.Significant increase in net debt due to lower profits and return of capex to normal levels.Launch of new products to find new growth drivers in the medium term.Continuation of downward trend in Q3, Q4 better oriented thanks to the end of destocking and a more favorable basis for comparison.Improved profitability expected in H2 thanks to lower raw material costs.Forecasts for 2024 unchanged: sales down 8% and recurring EBIT margin down 1pt to 13.6%.Price target unchanged at €12.7/share.Newsflow is not g...

December 13, 2023 December 13, 2023 1 EN

Degroof Petercam

Oeneo - Return to growth anticipated only in Q4 and loss of market share

Q2 Group sales down 8% CER (constant exchange rate): Capping down 16% CER, Breeding stableWeak growth in high-end closures and loss of market share in entry/mid-range segmentsAdj.EBIT margin expected at 13% in H1-23 vs. 16.8% in H1-22Return to growth expected only in Q4 for the Capping division, compared with a previously expected recovery in Q3.Target Breeding sales, excluding wood trading, close to prior year levels.Downward revision of our forecasts for FY 2023 and 2024Price target lowered to €12.7 from €13.7.Reduce" opinion confirmed due to market share losses, but speculative aspect still...

November 14, 2023 November 14, 2023 1 EN

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

AC ENERGY CORP (PH), a company active in the Alternative Electricity industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 4 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date April 8, 2022, the closing price was PHP 8.54 and its expected value was estimated at PHP 8.53.

Free Trial

April 9, 2022 April 9, 2022 1 EN

With a more favourable environment, VUKILE PROPERTY improves to Positive

VUKILE PROPERTY (ZA), a company active in the Real Estate Holding & Development industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date April 5, 2022, the closing price was ZAR 13.72 and its potential was estimated at ZAR 15.16.

Free Trial

April 6, 2022 April 6, 2022 1 EN

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of ROYAL BAFOKENG PLATINUM (ZA), active in the Platinum & Precious Metals industry. As regards its fundamental valuation, the title still shows 0 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date April 5, 2022, the closing price was ZAR 159.78 and its target price was estimated at ZAR 127.50.

Free Trial

April 6, 2022 April 6, 2022 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

OENEO sees a downgrade to Neutral on account of less fundamental stars

Empowering Investors

Oeneo - Sharp drop in sales in Q3, but the Group anticipates a smoother Q4

Oeneo - H1 recurring EBIT down as expected, no improvement until Q4

Oeneo - Return to growth anticipated only in Q4 and loss of market share

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe