Stock

Orior AG

ORON.SW
36
Packaged Foods · Consumer Defensive
Also trades as: 0QM6.L GBP 0.12 (+1.45%)
Price
CHF 11.86
-0.32 (-2.63%)
Market Cap
CHF 77.5M
Exchange
SIX Swiss Exchange
Winston Score
36
Winston is serious
Below-average fundamentals — multiple weak pillars.
Data as of Oct 9, 2026 · filings through Jun 30, 2026

§How the score breaks down

Quality
Weak
7/30
Growth
Mixed
7/20
Cash Flow
Strong
7/10
Stability
Weak
2/10
Valuation
Good
6/10
Ownership
Weak
2/15
Dividends
Exceptional
5/5

36 of 100 counted points = Winston Score 36.

§Winston Score History

The full picture

Orior AG is a Swiss food company that makes specialty food products sold mainly in Switzerland. Its brands cover chilled convenience foods, meat alternatives, and premium deli items — including well-known Swiss labels like Rapelli, Corriedale, and Fredag. The company focuses on refrigerated, ready-to-eat, and plant-based products sold through grocery retailers and food service customers.

Orior earns revenue by selling packaged food products directly to supermarkets, retailers, and food service operators across Switzerland and parts of Europe. It is a relatively small company with a market cap around $100 million, but it holds strong regional brand recognition in the Swiss market, which acts as a modest competitive buffer against larger global food companies. The main growth opportunity lies in expanding its plant-based and convenience food lines as consumer preferences shift, while the key risk is its heavy reliance on the Swiss domestic market, which limits scale and exposes the business to local consumer spending trends and input cost inflation.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+85.8% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+610.0% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

CHF 0/ year

0.0% of revenue

Below sector average (2%)

Research and development spending

Insider Activity

0.5%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Runway

~9 months

CHF 12M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Short runway — potential dilution ahead through share issuance

Revenue accelerating

Orior AG grew revenue 86% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Share count broadly stable

+0.4% over 4y

The share count has stayed roughly flat over this period — little dilution or buyback activity.

Diluted shares outstanding: 6.5M (2021) → 6.5M (2025)

Score breakdown

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Quality

Profit per sale
Gross Margin
19.2%
Thin — 19.2% gross margin
Profit after running costs
Operating Margin
2.6%
Thin — 2.6% operating margin
Return on the money invested
ROCE
10.2%
Below par — 10.2% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

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Growth

Sales growth
Sales YoY
+25.1%
Fast-growing sales (+25.1% YoY)
Profit growth
EPS YoY
N/A
Data not available
How steady the profit is
EPS Consistency
3/8 quarters
Earnings rarely grow — volatile business

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Cash Flow

Profit that turns into cash
Cash Conversion
227%
Turns 227% of profit into real cash
Spare cash per sale
FCF Margin
1.3%
Thin free cash flow (1.3%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

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Stability

What it owes vs what it owns
Debt / Equity
4.30
Heavy debt load (4.30)
Covers its interest
Interest Cover
2.69x
Tight — interest eats into profit (2.7x)

Interest coverage between 1 and 3. Profits cover interest, but with little room to spare.

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Valuation

Price vs profit
P/E Ratio (TTM)
6.1x
Attractive valuation — P/E 6.1

P/E under 10. The price tag is small relative to last year's profit.

Cheaper or dearer next year
P/E vs Forward
-2.7
SLOWING
Earnings expected to fall — forward P/E higher than today

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Dividends

Dividend
Dividend Yield
21.06%
Healthy income — 21.06% yield

Yield above 6% — often a flag the market is pricing in a cut.

Dividend record
Dividend Growth
+10.4%
Dividend growing fast (10.4% YoY)

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