OneConnect Financial Technology Co Ltd (OCFT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:OCFT - US68248T2042 - ADR
7.89 USD
+0.01 (+0.13%)
7.89 USD
0 (0%)
OCFT gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 281 industry peers in the Software industry. OCFT scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. OCFT is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year OCFT has reported negative net income.
In the past year OCFT has reported a negative cash flow from operations.
In the past 5 years OCFT always reported negative net income.
OCFT had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of OCFT (-18.17%) is worse than 69.82% of its industry peers.
OCFT's Return On Equity of -27.42% is on the low side compared to the rest of the industry. OCFT is outperformed by 60.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -18.17% | ||
| ROE | -27.42% | ||
| ROIC | N/A |
ROA(3y)-8.63%
ROA(5y)-10.41%
ROE(3y)-18.89%
ROE(5y)-23.3%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Gross Margin, with a value of 29.87%, OCFT is doing worse than 77.54% of the companies in the same industry.
In the last couple of years the Gross Margin of OCFT has grown nicely.
The Profit Margin and Operating Margin are not available for OCFT so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 29.87% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.97%
GM growth 5Y1.67%
2. Health
2.1 Basic Checks
OCFT does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, OCFT has about the same amount of shares outstanding.
The number of shares outstanding for OCFT has been increased compared to 5 years ago.
The debt/assets ratio for OCFT has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.76 indicates that OCFT is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of OCFT (2.76) is comparable to the rest of the industry.
OCFT has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
OCFT has a better Debt to Equity ratio (0.01) than 63.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.76 |
ROIC/WACCN/A
WACC9.54%
2.3 Liquidity
A Current Ratio of 2.44 indicates that OCFT has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.44, OCFT is in the better half of the industry, outperforming 70.18% of the companies in the same industry.
OCFT has a Quick Ratio of 2.44. This indicates that OCFT is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.44, OCFT is doing good in the industry, outperforming 70.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.44 | ||
| Quick Ratio | 2.44 |
3. Growth
3.1 Past
OCFT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -1453.50%.
OCFT shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -48.70%.
OCFT shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.69% yearly.
EPS 1Y (TTM)-1453.5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-116.68%
Revenue 1Y (TTM)-48.7%
Revenue growth 3Y-18.37%
Revenue growth 5Y-0.69%
Sales Q2Q%-37.42%
3.2 Future
OCFT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.42% yearly.
Based on estimates for the next years, OCFT will show a very negative growth in Revenue. The Revenue will decrease by -11.05% on average per year.
EPS Next Y-187.69%
EPS Next 2Y9.42%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-25.62%
Revenue Next 2Y-11.05%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
OCFT reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 32.17, the valuation of OCFT can be described as expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as OCFT.
OCFT's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 35.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 32.17 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y9.42%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for OCFT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.89
+0.01 (+0.13%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners5.13%
Inst Owner Change-18.21%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap307.71M
Revenue(TTM)1.63B
Net Income(TTM)-677.19M
Analysts85.71
Price Target3.09 (-60.84%)
Short Float %22.46%
Short Ratio8.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 32.17 | ||
| P/S | 1.34 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.89 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | N/A |
EPS(TTM)-2.45
EYN/A
EPS(NY)0.25
Fwd EY3.11%
FCF(TTM)-0.69
FCFYN/A
OCF(TTM)-0.68
OCFYN/A
SpS5.88
BVpS8.89
TBVpS8.24
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -18.17% | ||
| ROE | -27.42% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 29.87% | ||
| FCFM | N/A |
ROA(3y)-8.63%
ROA(5y)-10.41%
ROE(3y)-18.89%
ROE(5y)-23.3%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.97%
GM growth 5Y1.67%
F-Score2
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.44 | ||
| Quick Ratio | 2.44 | ||
| Altman-Z | 2.76 |
F-Score2
WACC9.54%
ROIC/WACCN/A
Cap/Depr(3y)22.8%
Cap/Depr(5y)32.11%
Cap/Sales(3y)1.27%
Cap/Sales(5y)2.98%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1453.5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-116.68%
EPS Next Y-187.69%
EPS Next 2Y9.42%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-48.7%
Revenue growth 3Y-18.37%
Revenue growth 5Y-0.69%
Sales Q2Q%-37.42%
Revenue Next Year-25.62%
Revenue Next 2Y-11.05%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-33.47%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year146.05%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y67.16%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y67.8%
OCF growth 3YN/A
OCF growth 5YN/A
OneConnect Financial Technology Co Ltd / OCFT FAQ
Can you provide the ChartMill fundamental rating for OneConnect Financial Technology Co Ltd?
ChartMill assigns a fundamental rating of 2 / 10 to OCFT.
What is the valuation status for OCFT stock?
ChartMill assigns a valuation rating of 1 / 10 to OneConnect Financial Technology Co Ltd (OCFT). This can be considered as Overvalued.
Can you provide the profitability details for OneConnect Financial Technology Co Ltd?
OneConnect Financial Technology Co Ltd (OCFT) has a profitability rating of 1 / 10.
How financially healthy is OneConnect Financial Technology Co Ltd?
The financial health rating of OneConnect Financial Technology Co Ltd (OCFT) is 5 / 10.
Can you provide the expected EPS growth for OCFT stock?
The Earnings per Share (EPS) of OneConnect Financial Technology Co Ltd (OCFT) is expected to decline by -187.69% in the next year.