Added to YB: 2024-09-12
Pitch date: 2024-09-11
ORS.MI [bullish]
Orsero S.p.A.
+1.75%
current return
Author Info
smallvalue focuses on European and American small-cap companies. Sign up for the newsletter.
Company Info
Orsero S.p.A. imports and distributes fruits and vegetables in Europe, Latin America, and Central America.
Market Cap
EUR 215.7M
Pitch Price
EUR 12.58
Price Target
26.40 (+106%)
Dividend
4.69%
Sector
Consumer Staples Distribution and Retail
Category
value
Orsero: A Leading Fresh Produce Distributor
ORS.MI: Fresh produce distributor, €225M cap. 8.6% CAGR since 2017. Strong 2023: €1.54B revenue (+28.8% YoY), FCF -€9M due to acquisitions. 2024 outlook: €1.55B rev, €20M FCF (9% yield). Vertical integration, global supplier network mitigate risks. DCF valuation: €26.40 PT (108% upside). Undervalued due to small-cap, low liquidity, sector.
Read full article (6 min)