COBRAM ESTATE OLIVES LIMITED (CBO)
Share Price Analysis and Chart

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CBO - COBRAM ESTATE OLIVES LIMITED

FNArena Sector : Agriculture
Year End: June
GICS Industry Group : Food, Beverage & Tobacco
Debt/EBITDA: -32.91
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.86

16 Apr
2024

0.010

OPEN

$1.86

0.54%

HIGH

$1.86

93,184

LOW

$1.81

TARGET
$1.903 2.3% upside
Franking for last dividend paid out: 70%
OTHER COMPANIES IN THE SAME SECTOR
AAC . AMN . APC . D2O . ELD . GNC . HFR . IPL . LGL . MWY . NAM . NUF . RIC . SGLLV . SHV . TFL . WLD .
FNARENA'S MARKET CONSENSUS FORECASTS
CBO: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx N/A 3.2 xxx
DPS (cps) xxx N/A 3.3 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 57.2 xxx
Dividend Yield xxx N/A 1.8% xxx
Div Pay Ratio(%) xxx N/A 103.1% xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

1.80

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 23/11 - ex-div 3.3c (franking 70%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 20192020202120222023
EPS Basic xxxxxxxxxxxx1.9
DPS All xxxxxxxxxxxx3.3
Sales/Revenue xxxxxxxxxxxx169.0 M
Book Value Per Share xxxxxxxxxxxx69.2
Net Operating Cash Flow xxxxxxxxxxxx39.0 M
Net Profit Margin xxxxxxxxxxxx4.57 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 20192020202120222023
Return on Capital Employed xxxxxxxxxxxx2.69 %
Return on Invested Capital xxxxxxxxxxxx1.73 %
Return on Assets xxxxxxxxxxxx1.32 %
Return on Equity xxxxxxxxxxxx2.69 %
Return on Total Capital xxxxxxxxxxxx-5.24 %
Free Cash Flow ex dividends xxxxxxxxxxxx-28.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 20192020202120222023
Short-Term Debt xxxxxxxxxxxx21 M
Long Term Debt xxxxxxxxxxxx177 M
Total Debt xxxxxxxxxxxx197 M
Goodwill - Gross xxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxx14 M
Price To Book Value xxxxxxxxxxxx1.78

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 20192020202120222023
Capex xxxxxxxxxxxx56.0 M
Capex % of Sales xxxxxxxxxxxx33.16 %
Cost of Goods Sold xxxxxxxxxxxx151 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxx42 M
Research & Development xxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxx4 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.7

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Bell Potter

22/02/2024

3

Downgrade to Hold from Buy

$1.80

-3.23%

First half underlying EBITDA was ahead of Bell Potter's expectations. Revenue was up 53%. Cobram Estate Olives expects the Australian harvest will be down year-on-year - an off-year - while the sale value per litre of the crop is expected to be materially higher.

Bell Potter upgrades estimates by 17% for FY24 and 11% for FY25, to reflect higher oil values and a faster selling through of inventory. In light of the recent share price rally, the rating is downgraded to Hold from Buy. Target is lifted to $1.80 from $1.70.

FORECAST
Bell Potter forecasts a full year FY24 dividend of 3.30 cents and EPS of 1.20 cents.
Bell Potter forecasts a full year FY25 dividend of 3.30 cents and EPS of 13.80 cents.

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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CBO STOCK CHART