Les Eaux Minerales d'oulmes SA
Les Eaux Minerales d'oulmes SA operates in the beverages industry within the Consumer Staples sector, generating revenue through the production and sale of mineral water products.
Business. Les Eaux Minerales d'oulmes SA operates in the beverages industry within the Consumer Staples sector, generating revenue through the production and sale of mineral water products.
Analyst recommendations
1 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Les Eaux Minerales d'oulmes SA operates in the beverages industry within the Consumer Staples sector, generating revenue through the production and sale of mineral water products.
Les Eaux Minerales d'oulmes SA maintains a highly leveraged capital structure, with total liabilities of 3,131,428,000 MAD significantly exceeding total equity of 788,101,000 MAD. The debt-to-equity ratio stands at 2.94, driven primarily by long-term debt of 2,314,506,000 MAD. Liquidity is constrained, evidenced by a current ratio of 1.03 and minimal cash and equivalents of 877,000 MAD. The company reports negative net cash after subtracting total debt, indicating a medium liquidity risk profile.
Profitability metrics show a return on equity of 14.25% and a return on assets of 2.87%. The company generated a gross profit of 2,165,349,000 MAD on revenue of 3,251,072,000 MAD, resulting in an operating income of 279,949,000 MAD and net income of 112,329,000 MAD. While the gross margin is substantial, the net margin is compressed, reflecting the high interest burden associated with its debt load.
- High leverage with a debt-to-equity ratio of 2.94 and significant long-term debt.
- Strong analyst consensus with a mean recommendation of 1.00 (strong buy).
- Positive earnings outlook with estimated EPS of 64.88 MAD exceeding actual EPS of 56.73 MAD.
- Constrained liquidity with a current ratio of 1.03 and minimal cash reserves.
- Low dilution risk with stable share count of 1,980,000 shares.
Bull / Bear case
Generated · model-assistedRevenue grew at a 17.0% CAGR over four years, demonstrating strong top-line expansion momentum for the company.
Net income surged 94.1% year-over-year in the latest period, indicating significant recent profitability acceleration.
Cash conversion ratio of 1.63 is above the cohort median of 1.2, suggesting effective working capital utilization.
Free cash flow turned negative, reaching -157 million MAD in the latest fiscal year, signaling cash generation issues.
Debt-to-equity ratio of 2.94 is in the bottom quartile, indicating significantly higher leverage than most peers.
Long-term debt increased to 2.31 billion MAD in the latest period, exacerbating financial risk and interest obligations.
Net margin of 3.46% falls below the cohort median of 5.27%, revealing weaker bottom-line profitability compared to peers.
The company faces a high credit risk flag, suggesting potential difficulties in meeting financial obligations or refinancing.
In focus — financials by report
Revenue MAD 3.25B, +10,6% YoY; Operating income +20,0% YoY.
- ▍Revenue MAD 3.25B, +10,6% YoY
- ▍Operating income +20,0% YoY
- ▍Net income +94,1% YoY
- ▍Free cash flow +36,4% YoY
- ▍Net margin 3.5%
Revenue MAD 2.94B, +12,0% YoY; Operating income +34,7% YoY.
- ▍Revenue MAD 2.94B, +12,0% YoY
- ▍Operating income +34,7% YoY
- ▍Net income −9,4% YoY
- ▍Free cash flow −18,0% YoY
- ▍Net margin 2.0%
Revenue MAD 2.62B, +19,6% YoY; Operating income +47,2% YoY.
- ▍Revenue MAD 2.62B, +19,6% YoY
- ▍Operating income +47,2% YoY
- ▍Net income +5,0% YoY
- ▍Free cash flow −867,4% YoY
- ▍Net margin 2.4%
Revenue MAD 2.20B, +26,6% YoY; Operating income +8,3% YoY.
- ▍Revenue MAD 2.20B, +26,6% YoY
- ▍Operating income +8,3% YoY
- ▍Net income +49,1% YoY
- ▍Free cash flow −121,3% YoY
- ▍Net margin 2.8%
Revenue MAD 1.73B; Operating income MAD 108.6M.
- ▍Revenue MAD 1.73B
- ▍Operating income MAD 108.6M
- ▍Net margin 2.4%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 64,88 |
| Revenue | —no estimate | —no estimate | 3,6B MAD |
| Operating income | —no estimate | —no estimate | 337,0M MAD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Cash Conversion Ratiooperating_cash_flow / net_income
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Return On Assetsnet_income / total_assets
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Les Eaux Minerales d'oulmes SA Market data — financials · 2026-07-07
- Les Eaux Minerales d'oulmes SA Market data — analyst estimates · 2026-07-07
- Les Eaux Minerales d'oulmes SA Market data — ESG · 2026-07-07