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RCO - Rémy Cointreau SA

PAR -> Consumer Defensive -> Beverages—Wineries & Distilleries
Cognac, France
Type: Equity

RCO price evolution
RCO
(in millions $) 1 May 2024 30 Oct 2023 1 May 2023 30 Oct 2022
Current assets
Cash $93 $277.6 $72.7 $94.9
Short term investments
Net receivables $200.9 $291.4 $185 $303.4
Inventory $1962.8 $1839.3 $1815.8 $1647.6
Total current assets $2333.4 $2520.3 $2182.5 $2149
Long term investments
Property, plant & equipment $487 $463.4 $449.1 $401.7
Goodwill & intangible assets
Total noncurrent assets
Total investments
Total assets $3370.7 $3543.7 $3187 $3145.4
Current liabilities
Accounts payable $586.4 $568.1 $609.2 $549.7
Deferred revenue
Short long term debt
Total current liabilities $934.8 $1006.9 $1035.3 $1015.9
Long term debt $509 $586.3 $260.2 $309.8
Total noncurrent liabilities
Total debt
Total liabilities $1525.4 $1766 $1432.6 $1406.2
Shareholders' equity
Retained earnings $954 $889.7 $920.7 $800
Other shareholder equity $32.7 $33.3 $29.7 $41.9
Total shareholder equity
(in millions $) 1 May 2024 1 May 2023 1 May 2022 30 Mar 2021
Current assets
Cash $93 $72.7 $116.3 $201
Short term investments
Net receivables $200.9 $185 $260.5 $120.4
Inventory $1962.8 $1815.8 $1615.5 $1492.5
Total current assets $2333.4 $2182.5 $1996 $1861.2
Long term investments $17 $21.7
Property, plant & equipment $487 $449.1 $392.3 $354
Goodwill & intangible assets
Total noncurrent assets
Total investments
Total assets $3370.7 $3187 $2978.6 $2781.1
Current liabilities
Accounts payable $586.4 $609.2 $572 $330
Deferred revenue
Short long term debt $46.6 $6
Total current liabilities $934.8 $1035.3 $867.2 $719.8
Long term debt $509 $260.2 $363.9 $412.2
Total noncurrent liabilities
Total debt
Total liabilities $1525.4 $1432.6 $1317.9 $1231.9
Shareholders' equity
Retained earnings $954 $920.7 $748.4 -$15.7
Other shareholder equity $32.7 $29.7 $31.8 $673.6
Total shareholder equity $1660.7 $1548.4
(in millions $) 1 May 2024 30 Oct 2023 1 May 2023 30 Oct 2022
Revenue
Total revenue $557.4 $636.7 $681.4 $867.1
Cost of revenue
Gross Profit $390.2 $459.9 $550 $623.7
Operating activities
Research & development
Selling, general & administrative
Total operating expenses $254.9 $290.8 $438.8 $308.4
Operating income
Income from continuing operations
EBIT
Income tax expense $28.6 $40.8 $29.4 $86.9
Interest expense -$20.6 -$13.1 -$3.1
Net income
Net income $72 $112.8 $70 $223.7
Income (for common shares)
(in millions $) 1 May 2024 1 May 2023 1 May 2022 30 Mar 2021
Revenue
Total revenue $1194.1 $1548.5 $1312.9 $1010.2
Cost of revenue $330.1
Gross Profit $850.1 $1103.8 $901.1 $680.1
Operating activities
Research & development
Selling, general & administrative $444.1
Total operating expenses $545.7 $669.8 $580.8 $774.2
Operating income $236
Income from continuing operations
EBIT $236
Income tax expense $69.4 $116.3 $95.6 $77.6
Interest expense -$33.7 -$11.7 -$13.2 -$12.3
Net income
Net income $184.8 $293.8 $212.5 $144.5
Income (for common shares) $144.5
(in millions $) 1 May 2024 30 Oct 2023 1 May 2023 30 Oct 2022
Net income
Operating activities
Depreciation
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations
Investing activities
Capital expenditures
Investments
Total cash flows from investing -$80.4 -$45.5 -$59.3 -$35
Financing activities
Dividends paid -$152.7 -$111
Sale and purchase of stock
Net borrowings
Total cash flows from financing $7.1 $306.7 -$107.2 -$48.4
Effect of exchange rate -$2.2 -$4.1 -$0.2 $13.8
Change in cash and equivalents $19 $203.9 -$42.7 -$21.3
(in millions $) 1 May 2024 1 May 2023 1 May 2022 30 Mar 2021
Net income $144.5
Operating activities
Depreciation $34
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations $177
Investing activities
Capital expenditures -$54
Investments $67.8
Total cash flows from investing -$80.4 -$59.3 -$65.7 $8.4
Financing activities
Dividends paid -$152.7 -$111 -$93.7 -$9.6
Sale and purchase of stock
Net borrowings -$245.6
Total cash flows from financing $7.2 -$107.2 -$175.1 -$253.2
Effect of exchange rate -$2.2 -$0.2 $11.4 -$0.6
Change in cash and equivalents $19.2 -$42.6 -$84.7 -$68.4
News
Trump Tariff Risk Hits Euro, German Auto Stocks; Renewables Fall
Bloomberg · via Yahoo News 6 Nov 2024
A European Stock Trader’s Guide to the US Presidential Election
Bloomberg · via Yahoo News 1 Nov 2024
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Bloomberg · via Yahoo News 7 Oct 2024
China Targets EU Cars, Brandy in Retaliation Over EV Tariffs
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Bloomberg via Yahoo Finance 28 Jan 2024
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Bloomberg via Yahoo Finance 28 Jan 2024
ASML, STMicro on Cusp of Chip Comeback: EMEA Earnings Week Ahead
Bloomberg via Yahoo Finance 23 Jan 2024
ASML, STMicro on Cusp of Chip Comeback: EMEA Earnings Week Ahead
Bloomberg via Yahoo Finance 21 Jan 2024
Fundamentals
Market cap $3.00B
Enterprise value N/A
Shares outstanding 50.94M
Revenue $2.74B
EBITDA N/A
EBIT N/A
Net Income $478.50M
Revenue Q/Q -16.51%
Revenue Y/Y 66.55%
P/E ratio 6.26
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 1.09
P/B ratio N/A
Book/Share N/A
Cash/Share 1.83
EPS $9.39
ROA 14.45%
ROE N/A
Debt/Equity N/A
Net debt/EBITDA N/A
Current ratio 2.50
Quick ratio 0.40