Risk factor
Negligible price volatility
Profitability factor
Very strong margins and returns
About
Viscofan, S.A. operates internationally as a major manufacturer and distributor of artificial casings, primarily serving the meat industry and various other sectors across the globe. Its comprehensive product line includes cellulose casings, suitable for cooked, smoked, or unsmoked sausages, and collagen casings, utilized in processed, fresh, pre-cooked fried sausages, or dry-cured snacks. The company also provides fibrous casings, ideal for sliced goods such as mortadella and salamis, alongside a range of plastic casings and specialized packaging solutions. These diverse offerings are marketed under numerous proprietary brands: cellulosic wraps are sold under Viscofan; collagen casings include Colfan, NDX, Viscofan Natur, Edicurve, Eficook, and Efidry; fibrous casings fall under Securex, Zip, PSX, and Titanium; and plastic products like casings, films, and bags are offered through brands such as Viscofan Smoke, Betan, Tripan, and V-4000. Furthermore, Viscofan delivers functional solutions via Vispice, Roast-E, Smoke-E, and Edileaf, and vegetable casings under the Viscofan Veggie brand. Beyond its core business, the company produces interleaver films, engages in industrial machinery leasing, and generates and sells electricity from its cogeneration facilities. Founded in 1975 and based in Tajonar, Spain, the company was formerly known as Viscofan, Industria Navarra de Envolturas Celulósicas, S.A., changing its name to Viscofan, S.A. in June 2002.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA,
Target Price
The average target price of VIS.MC is 75.1 and suggests 36.3% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in