AlphaValue Corporate Services
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Odiot

CR
Bloomberg   MLODT FP
Luxury  /  France 
Ultra-luxury credentials, funding needed
Target
Upside 52.0%
Price (€) 26
Market Cap (€M) 7.16
Worth Knowing

The current owner-manager is clearly focused on value creation at Odiot, with a likely exit envisaged within a limited number of years. Mr. Trutat continues to increase his direct stake toward 18%-20% while maintaining stable control, demonstrating both ambition and confidence in the business.

Given the company’s limited assets and resources, pursuing overly rapid growth would be risky. Management will need to strike the right balance between expanding the top line and preserving the brand’s luxury standards and craftsmanship capacity (see valuation section).

Shareholders
Name% owned Of which
% voting rights
Of which
% free to float
Trutat & related 48.0%48.0%0.00%
Members of the Board 2.00%2.00%0.00%
Apparent free float  50.0%
Changes to Shareholding : 04/08/2025.
Concepts
Business Concepts
  • Discretionary spending
  • Brand name
  • Family controls/influence
  • One trick pony
Investment Concepts
  • Recovery
  • Transformation
Exclusion Concepts