Professional
Added to YB: 2024-04-01
Pitch date: 2024-03-28
OGN.L [bullish]
Origin Enterprises plc
+36.91%
current return
Author Info
Symmetry Invest is a portfolio that focuses on Small- and Mid-cap stocks primarily in Europe and the USA. The long-term objective is to deliver the highest possible growth in net asset value per share at the lowest possible risk. Visit their website.
Company Info
Origin Enterprises plc provides agronomy services company in Ireland, the United Kingdom, Brazil, Poland, Romania, Latin America, and internationally.
Market Cap
EUR 407.5M
Pitch Price
EUR 2.94
Price Target
N/A
Dividend
4.55%
EV/EBITDA
4.20
P/E
8.05
EV/Sales
0.26
Sector
Food Products
Category
value
Symmetry Invest A/S Portfolio Holding: Origin Enterprises plc
OGN.L: Irish agri inputs/services co trades at 5x FY25 P/E post weather-impacted FY24. Diversified from UK/IR to LatAm, EU & Amenity (15% earnings, asset-light, 7-10% org growth). Brazil key growth driver. 22% avg ROE over 17yrs. Talented CEO driving improvements & capital allocation - 18% buyback in 3yrs + bolt-ons at 3-7x EBITDA. Mgmt buying shares in open market.
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