| Valuation method | Value, £ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 1644.90 | 25 |
| Intrinsic value (DCF) | 834.78 | -37 |
| Graham-Dodd Method | 2427.90 | 84 |
| Graham Formula | n/a |
Compagnie de l'Odet is a diversified French conglomerate operating in transport and logistics, communication, oil logistics, and electricity storage systems. Headquartered in Paris, the company has a strong international presence across Europe, Africa, the Americas, and the Asia-Pacific region. Its business segments include Transportation and Logistics (maritime and air transport), Oil Logistics (fuel distribution), Communication (music, TV, film, gaming, and advertising), and Electricity Storage (EV batteries and telecom solutions). As a subsidiary of Bolloré SE, Compagnie de l'Odet benefits from synergies within the Bolloré Group, particularly in logistics and media. The company, formerly known as Financière de l'Odet, rebranded in 2021 to reflect its diversified industrial focus. With a market cap exceeding €6.2 billion, it plays a significant role in European logistics and media industries while expanding into sustainable energy solutions.
Compagnie de l'Odet presents a mixed investment case. Strengths include its diversified revenue streams, strong cash position (€5.63 billion), and stable dividend (€4/share). The company's low beta (0.73) suggests relative stability compared to broader markets. However, high total debt (€7.85 billion) and capital-intensive operations in logistics and energy storage pose risks. The Bolloré Group affiliation provides strategic advantages but also creates dependency. Investors should weigh its established market positions against sector-specific challenges like volatile oil prices and media industry disruption. The EV battery segment offers growth potential but faces stiff competition.
Compagnie de l'Odet's competitive advantage stems from its diversified portfolio and Bolloré Group synergies. In logistics, it combines maritime and air transport capabilities with oil distribution - a rare vertical integration. The communication segment benefits from cross-media assets spanning music, film, TV and gaming. However, each segment faces distinct competitive pressures. In transport, it competes with global freight specialists but maintains niche strength in African routes through Bolloré Africa Logistics. The oil logistics business is asset-heavy with moderate margins. Media operations contend with digital disruption but own valuable IP. The EV battery division lags behind Asian leaders but has European manufacturing footholds. Financially, the company's €1.4 billion operating cash flow demonstrates core business strength, though debt levels require monitoring. Its competitive position varies by segment: strong in African logistics, mid-tier in media, and emerging in energy storage. The conglomerate structure provides stability but may limit focus versus pure-play competitors.