Employees: 1,066
Size Oeneo (SBT.PA) is a France Materials company (Containers/Packaging) with a market value of $617M, the 163rd largest of 206 France companies the cockpit tracks. Shares closed at €8.78 on 6 Nov 2026.
Performance Over six months the shares fell 0.7%, against -15.5% for the median peer and -0.4% for the France market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue fell 9.7% over the last twelve months (peer median +2.8%); the operating margin is 13.8% (peer median 5.6%).
Valuation It trades at 25.4× forward earnings against a peer median of 18.2× (3rd most expensive of 13).
Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is +1 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 1.5 points above its cost of capital (6.2% WACC).
Next results Next results expected around 3 Dec 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €275M | €275M | €305M | €306M | €348M |
| Revenue growth | — | -10% | 0% | -12% | — |
| Gross profit | €74.4M | €74.4M | €84.6M | €82.5M | €53.8M |
| EBITDA | €58.4M | €58.4M | €65.8M | €62.0M | €72.5M |
| Net income | €26.8M | €26.8M | €29.8M | €28.9M | €41.2M |
| Free cash flow | €40.5M | €40.5M | €33.3M | €24.7M | €20.6M |
| Capital expenditure | €23.5M | €23.5M | €15.1M | €21.5M | €19.3M |
| Total debt | n/a | €107M | €96.5M | €105M | €60.1M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SBT.PA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.5% | -8.1% | 4th highest of 21 |
| 6-month return | -0.7% | -15.5% | 7th highest of 21 |
| Distance from 52-week high | -7.4% | -42.4% | 4th highest of 21 |
| Revenue growth (TTM) | -9.7% | +2.8% | 5th lowest of 21 |
| Operating margin | 13.8% | 5.6% | 3rd highest of 21 |
| Forward P/E | 25.4× | 18.2× | 3rd most expensive of 13 |
| Growth the price implies (Req g, 7 yrs) | 1.0% | 12.7% | 5th least demanding of 12 |
| Growth delivered (Del g) | +0.2% | +8.4% | 2nd lowest of 12 |
| Hurdle (Req g minus delivered) | +0.8 pp | +5.0 pp | 6th least demanding of 12 |
| ROIC minus cost of capital | +1.5 pp | +0.7 pp | 7th highest of 21 |
| EV / EBITDA | 10.4× | 8.5× | 5th most expensive of 10 |
| Net debt / EBITDA | 1.0× | 0.0× | 4th most indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Oeneo SBT.PA | France | $617M | -1% | -10% | 14% | 25.4× | 1.0% | +0.2% |
| Zignago Vetro ZV.MI | Italy | $628M | -10% | 0% | 8% | 16.8× | 12.7% | +7.7% |
| Kohsoku 7504.T | Japan | $629M | +75% | +8% | 4% | 21.6× | n/a | n/a |
| Ningbo Homelink Eco-iTech 301193.SZ | China | $602M | -38% | +44% | -4% | n/a | n/a | n/a |
| Pum-tech Korea 251970.KS | South Korea | $642M | +70% | +3% | 15% | 15.0× | -4.2% | +13.6% |
| Okamoto Industries 5122.T | Japan | $648M | +6% | 0% | 6% | n/a | n/a | n/a |
| GuangDong Leary New Material Technology 688683.SS | China | $586M | -45% | +83% | 5% | n/a | n/a | n/a |
| Zhejiang Zhongcheng Packing Material 002522.SZ | China | $658M | -24% | +4% | 5% | n/a | 14.5% | +2.1% |
| Karat Packaging KRT | United States | $669M | +19% | +12% | 13% | 20.5× | -2.4% | +9.6% |
| Shanghai Sunglow Packaging Technology 603499.SS | China | $669M | -29% | +9% | 10% | n/a | 24.1% | +16.4% |
| Ton Yi Industrial 9907.TW | Taiwan | $678M | -19% | -11% | 4% | 16.9× | -6.3% | +8.8% |
| Pack 3950.T | Japan | $550M | +13% | +4% | 7% | n/a | -8.4% | +5.6% |
| Guangdong Taili Technology 301595.SZ | China | $536M | -12% | +2% | 3% | 74.4× | n/a | n/a |
| Ningbo Exciton Technology 300566.SZ | China | $730M | -2% | -2% | 9% | 17.9× | 8.4% | +8.4% |
| Xiamen Hexing Packaging Printing 002228.SZ | China | $520M | -25% | +2% | 1% | 15.4× | n/a | n/a |
| Planetree International Development 0613.HK | Hong Kong | $733M | +151% | -62% | 1,735% | n/a | n/a | n/a |
| Shanghai HIUV New Materials 688680.SS | China | $518M | -28% | -34% | -29% | n/a | 25.4% | -4.7% |
| Shenzhen Prince New Materials 002735.SZ | China | $514M | -34% | +2% | -8% | 79.7× | n/a | n/a |
| Ningbo Solartron Technology 688299.SS | China | $507M | -34% | -15% | -11% | 20.5× | 16.7% | +0.9% |
| EPL EPL.NS | India | $752M | -6% | +17% | 12% | 15.7× | 16.0% | +8.8% |
| Hefei Hengxin Life Science and Technology 301501.SZ | China | $499M | -29% | +16% | 8% | 18.5× | n/a | n/a |