Do Its Financials Have Any Role To Play In Driving Cobram Estate Olives Limited's (ASX:CBO) Stock Up Recently?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 05 2025
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Source: Yahoo Finance
Cobram Estate Olives' Performance: The company's stock has increased by 24% over the past three months, with a return on equity (ROE) of 5.8%, which is in line with the industry average, and a significant net income growth of 29% over the last five years.
Future Outlook: Despite a high payout ratio of 74%, Cobram Estate Olives is expected to reduce this to 30% in the next three years, potentially increasing its ROE to 13%, although analysts predict a slowdown in future earnings growth.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
