Cobram Estate Olives Ltd. (CBO) AI Stock Analysis

• Market Cap: AU$1.35B
• Dividend Yield: 1.02%
• Average Volume (3M): 667.71K
• Price to Earnings (P/E): 27.2
• Beta (1Y): 0.42
• Revenue Growth: 6.09%
• EPS Growth: 166.89%
• Country: AU
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 50
• Industry: Packaged Foods
• EPS (TTM): 0.12
• Shares Outstanding: 418,943,600
• 10 Day Avg. Volume: 569,966
• 30 Day Avg. Volume: 667,709
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$2.98
• Price Target Upside: -7.74% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4

• Rating: 65 Neutral
• Price Target: AU$2.50 ▼(-22.60% Downside)

Cobram Estate Olives Ltd. scores moderately due to strong financial performance and technical indicators. The positive revenue and profit growth are key strengths, but the stock's high valuation and overbought technical condition pose risks. The absence of earnings call data and notable corporate events means these areas did not influence the overall score.

Cobram Estate Olives Ltd. Business Overview & Revenue Model

Company Description

Cobram Estate Olives Limited operates as a food and agribusiness company with olive farming and milling operations in Australia and the United States. Its portfolio of olive oil brands includes Cobram Estate and Red Island. The company's olive farming assets include approximately 2.4 million olive trees planted on 6,584 hectares of freehold farmland in Victoria, Australia; and 207,500 trees planted on 358 hectares of long-term leased and freehold properties in California, the United States. It also owns olive tree nursery, three olive mills, two olive oil bottling and storage facilities, and Olives laboratory. The company exports its products to 16 countries. Cobram Estate Olives Limited was founded in 1998 and is headquartered in Lara, Australia.

How the Company Makes Money

Cobram Estate Olives Ltd. generates revenue through the cultivation, production, and sale of olive oil products. The company's primary revenue streams include retail sales of bottled olive oil through various distribution channels, including supermarkets, specialty food stores, and online platforms. Additionally, Cobram Estate engages in wholesale transactions, supplying bulk olive oil to food service providers and other businesses. The company also benefits from strategic partnerships with retailers and distributors, expanding its market reach domestically and internationally. Key factors contributing to its earnings include its extensive olive groves, advanced production facilities, and a strong brand reputation that attracts a loyal customer base.

Cobram Estate Olives Ltd. Financial Statement Overview

Summary

Cobram Estate Olives Ltd. shows positive revenue and profit growth trends with improved margins, indicating enhanced operational performance. However, a moderate increase in leverage and consistent negative free cash flow highlight potential financial risks. The company must balance growth initiatives with cash flow management to sustain long-term financial health.

Income Statement

Cobram Estate Olives Ltd. has shown strong revenue growth with a 34.8% increase from 2023 to 2024, and a significant improvement in profitability as evidenced by a net profit margin increase from 4.6% to 8.1% over the same period. The gross profit margin also improved to 37.8% in 2024. EBIT and EBITDA margins have transitioned from previous losses to positive figures, reflecting operational efficiency. However, past volatility in EBIT and net income suggests potential risks in maintaining stable profitability.

Balance Sheet

The company's debt-to-equity ratio of 0.72 indicates moderate leverage, which is manageable but increased from the previous year. The equity ratio stands at 46.1%, showing a solid equity base. Return on equity improved to 5.8%, reflecting better utilization of equity compared to previous years. However, rising debt levels could pose a risk if not managed carefully in future growth strategies.

Cash Flow

Operating cash flow has improved to $47.9 million, supporting liquidity needs. However, the company reported negative free cash flow due to high capital expenditures, which could indicate aggressive reinvestment or expansion efforts. The operating cash flow to net income ratio of 2.58 suggests strong cash generation relative to reported earnings, but consistent negative free cash flow could be a concern if it persists.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	227.78M	168.95M	139.62M	139.95M	140.65M
Gross Profit	86.07M	17.82M	39.96M	18.77M	14.93M
EBITDA	66.68M	40.80M	25.09M	72.91M	-19.67M
Net Income	18.53M	7.72M	-696.00K	35.22M	-32.70M
Balance Sheet
Total Assets	697.41M	616.34M	550.61M	458.15M	401.12M
Cash, Cash Equivalents and Short-Term Investments	11.35M	13.67M	5.94M	1.18M	3.77M
Total Debt	231.01M	197.47M	146.71M	170.70M	169.23M
Total Liabilities	375.66M	328.55M	263.58M	267.46M	255.03M
Stockholders Equity	321.75M	287.79M	287.03M	190.69M	146.09M
Cash Flow
Free Cash Flow	-18.31M	-17.02M	-9.33M	-2.77M	-17.99M
Operating Cash Flow	47.88M	39.01M	27.39M	16.32M	6.99M
Investing Cash Flow	-60.36M	-55.97M	-36.70M	-18.97M	-24.24M
Financing Cash Flow	10.18M	24.70M	14.08M	55.00K	18.36M

Cobram Estate Olives Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.23
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CBO, the sentiment is Positive. The current price of 3.23 is above the 20-day moving average (MA) of 3.03, above the 50-day MA of 2.68, and above the 200-day MA of 2.15, indicating a bullish trend. The MACD of 0.17 indicates Positive momentum. The RSI at 75.01 is Negative, neither overbought nor oversold. The STOCH value of 68.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CBO.

Cobram Estate Olives Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CBO	65 Neutral	AU$1.35B	27.23	14.44%	1.02%	6.09%	166.89%
Sector *	63 Neutral	$7.09B	13.58	-0.36%	6.87%	4.08%	-25.24%
SHVTF	―	$345.29M	22.45	7.05%	―	―	―
RIDYF	―	$777.88M	22.31	10.88%	2.82%	―	―
B6G	―	€983.83M	41.75	-0.68%	―	―	―
CLV	69 Neutral	AU$92.68M	20.48	6.80%	2.78%	15.48%	135.65%
BUB	44 Neutral	AU$147.37M	26.61	13.97%	―	28.66%	―

Cobram Estate Olives Ltd. Corporate Events

Cobram Estate Olives Ltd. Issues New Employee Incentive Options

Cobram Estate Olives Ltd. has announced the issuance of 300,000 unquoted securities in the form of options expiring on September 30, 2029, with an exercise price of $2.65. This move is part of an employee incentive scheme and reflects the company’s strategy to align employee interests with long-term company performance, potentially impacting its operational dynamics and market positioning.

The most recent analyst rating on (AU:CBO) stock is a Buy with a A$1.98 price target. To see the full list of analyst forecasts on Cobram Estate Olives Ltd. stock, see the AU:CBO Stock Forecast page.

Cobram Estate Olives Ltd. Reports Record Harvest and Strategic Expansion

Cobram Estate Olives Ltd. announced the successful completion of its 2025 Australian olive harvest, yielding a total of 15.3 million litres of olive oil, marking a 10.2% increase from the previous ‘on-year’ in 2023. The company expects its FY2025 EBITDA to reach approximately $115 million, driven by strong sales in Australia and the USA. In response to rapid growth in the US market, joint-CEO Leandro Ravetti will relocate to California to enhance business operations and strategic importance in the region. Additionally, Cobram Estate has acquired Leda Ag, a farming machinery business, to bolster its operational capabilities.

The most recent analyst rating on (AU:CBO) stock is a Buy with a A$1.98 price target. To see the full list of analyst forecasts on Cobram Estate Olives Ltd. stock, see the AU:CBO Stock Forecast page.

Perpetual Limited Increases Stake in Cobram Estate Olives

Perpetual Limited and its related bodies corporate have increased their voting power in Cobram Estate Olives Ltd. from 6.69% to 7.85% as of June 25, 2025. This change in substantial holding reflects a growing interest and investment in the company, potentially impacting its market positioning and signaling confidence in its future prospects.

The most recent analyst rating on (AU:CBO) stock is a Buy with a A$1.97 price target. To see the full list of analyst forecasts on Cobram Estate Olives Ltd. stock, see the AU:CBO Stock Forecast page.