Financials Orège

Equities

Market Closed - Euronext Paris Other stock markets 06:05:05 03/05/2024 pm IST			5-day change	1st Jan Change
0.289 ^EUR	+0.70%		-5.25%	-36.62%

30/04	Orege Société Anonyme Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	Orege Société Anonyme Reports Earnings Results for the Half Year Ended June 30, 2023	CI

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	48.73	66.71	65.66	43.84	26.03	14.59	14.59	-
Enterprise Value (EV) ¹	93.38	84.56	90.53	74.03	62.1	23.02	69.19	76.89
P/E ratio	-4.52 x	-4.26 x	-8.67 x	-9.64 x	-4.3 x	-1.7 x	-1.45 x	-2.41 x
Yield	-	-	-	-	-	-	-	-
Capitalization / Revenue	21.6 x	71.3 x	32.7 x	19.4 x	7.51 x	18.3 x	4.86 x	2.43 x
EV / Revenue	41.3 x	90.4 x	45.1 x	32.7 x	17.9 x	18.3 x	23.1 x	12.8 x
EV / EBITDA	-12.1 x	-11.3 x	-19.7 x	-18.8 x	-14.3 x	-3.42 x	-10.2 x	-15.7 x
EV / FCF	-10.7 x	-9.12 x	-	-	-10.1 x	-10.6 x	-7.36 x	-9.99 x
FCF Yield	-9.32%	-11%	-	-	-9.94%	-9.47%	-13.6%	-10%
Price to Book	-1.2 x	-5.48 x	-	-	-0.86 x	-0.38 x	-0.29 x	-0.26 x
Nbr of stocks (in thousands)	18,597	50,539	50,506	50,503	50,455	50,491	50,491	-
Reference price ²	2.620	1.320	1.300	0.8680	0.5160	0.2890	0.2890	0.2890
Announcement Date	10/04/19	15/06/20	22/04/21	29/04/22	16/05/23	30/04/24	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	2.26	0.935	2.006	2.264	3.468	1.259	3	6
EBITDA ¹	-7.749	-7.494	-4.605	-3.941	-4.354	-6.724	-6.8	-4.9
EBIT ¹	-8.537	-8.329	-5.86	-4.496	-4.733	-7.855	-8	-5.8
Operating Margin	-377.74%	-890.8%	-292.12%	-198.59%	-136.48%	-623.91%	-266.67%	-96.67%
Earnings before Tax (EBT)	-10.92	-10.19	-	-	-	-	-	-
Net income ¹	-10.92	-10.19	-7.423	-4.604	-6.208	-10.19	-10.3	-5.9
Net margin	-482.96%	-1,089.63%	-370.04%	-203.36%	-179.01%	-809.13%	-343.33%	-98.33%
EPS ²	-0.5800	-0.3100	-0.1500	-0.0900	-0.1200	-0.1700	-0.2000	-0.1200
Free Cash Flow ¹	-8.701	-9.267	-	-	-6.174	-5.3	-9.4	-7.7
FCF margin	-385%	-991.12%	-	-	-178.03%	-265%	-313.33%	-128.33%
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share	-	-	-	-	-	-	-	-
Announcement Date	10/04/19	15/06/20	22/04/21	29/04/22	16/05/23	30/04/24	-	-

¹EUR in Million²EUR

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net Debt ¹	44.7	17.8	24.9	30.2	36.1	41.4	54.6	62.3
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-5.763 x	-2.382 x	-5.401 x	-7.66 x	-8.282 x	-6.273 x	-8.029 x	-12.71 x
Free Cash Flow ¹	-8.7	-9.27	-	-	-6.17	-5.3	-9.4	-7.7
ROE (net income / shareholders' equity)	-	-	-	-	-	-	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	-2.180	-0.2400	-	-	-0.6000	-0.7700	-1.000	-1.120
Cash Flow per Share	-0.4600	-0.2700	-0.0900	-0.0700	-	-	-	-
Capex ¹	0.07	0.26	-	-	0.2	-	-	-
Capex / Sales	3.19%	27.91%	-	-	5.88%	-	-	-
Announcement Date	10/04/19	15/06/20	22/04/21	29/04/22	16/05/23	30/04/24	-	-

¹EUR in Million²EUR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.289 EUR

Average target price

0.4 EUR

Spread / Average Target

+38.41%

	1st Jan change	Capi.
ORÈGE	-36.62%	15.72M
WASTE MANAGEMENT, INC.	+16.09%	83.38B
REPUBLIC SERVICES, INC.	+12.47%	58.42B
CLEAN HARBORS, INC.	+18.82%	11.18B
TETRA TECH, INC.	+24.45%	11.11B
FOMENTO DE CONSTRUCCIONES Y CONTRATAS, S.A.	-7.97%	6.29B
GEM CO., LTD.	+27.47%	4.92B
KURITA WATER INDUSTRIES LTD.	+13.71%	4.61B
CECEP ENVIRONMENTAL PROTECTION CO., LTD.	-5.29%	3B
BEIJING ORIGINWATER TECHNOLOGY CO., LTD.	-1.80%	2.45B