Professional
Added to YB: 2024-06-26
Pitch date: 2024-06-25
RBT.PA [bullish]
Robertet SA
+12.92%
current return
Author Info
No bio for this author
Company Info
Robertet SA produces and sells perfumes, aromas, and natural products. The company operates in four segments: Raw materials, Fragrances, Flavors, and Active Ingredients.
Market Cap
EUR 1.6B
Pitch Price
EUR 801.48
Price Target
N/A
Dividend
1.24%
EV/EBITDA
10.28
P/E
17.18
EV/Sales
2.01
Sector
Chemicals
Category
growth
East72 Expert Andrew Brown - Robertet SA
RBT.PA: French perfume co. in Grasse. Smallest of 6 listed firms in flavors/fragrances. Sticky clients (e.g. Chanel No. 5). 1730 natural raw materials, some sold to competitors. Trend from synthetic to natural. 10% Q1 sales growth. Trades at 13x EBITDA vs. sector 17-18x. 36% free float. DSM-Firmenich owns 22%. Potential takeover target.
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