OCI NV (OCI.AS) Fundamental Analysis & Valuation

AMS:OCI • NL0010558797

3.75 EUR
+0.03 (+0.81%)
Last: Mar 13, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership

This OCI.AS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

Taking everything into account, OCI scores 4 out of 10 in our fundamental rating. OCI was compared to 67 industry peers in the Chemicals industry. While OCI is still in line with the averages on profitability rating, there are concerns on its financial health. OCI is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. OCI.AS Profitability Analysis

1.1 Basic Checks

  • OCI had positive earnings in the past year.
  • OCI had a negative operating cash flow in the past year.
  • In multiple years OCI reported negative net income over the last 5 years.
  • Each year in the past 5 years OCI had a positive operating cash flow.
OCI.AS Yearly Net Income VS EBIT VS OCF VS FCFOCI.AS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B 4B

1.2 Ratios

  • OCI's Return On Assets of 140.76% is amongst the best of the industry. OCI outperforms 100.00% of its industry peers.
  • The Return On Equity of OCI (267.17%) is better than 100.00% of its industry peers.
Industry RankSector Rank
ROA 140.76%
ROE 267.17%
ROIC N/A
ROA(3y)41.1%
ROA(5y)25.43%
ROE(3y)77.65%
ROE(5y)49.16%
ROIC(3y)N/A
ROIC(5y)N/A
OCI.AS Yearly ROA, ROE, ROICOCI.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 100 150 200

1.3 Margins

  • Looking at the Profit Margin, with a value of 510.59%, OCI belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • In the last couple of years the Profit Margin of OCI has grown nicely.
  • The Gross Margin of OCI (0.21%) is worse than 86.57% of its industry peers.
  • OCI's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM N/A
PM (TTM) 510.59%
GM 0.21%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y283.84%
PM growth 5YN/A
GM growth 3Y-81.68%
GM growth 5Y-54.61%
OCI.AS Yearly Profit, Operating, Gross MarginsOCI.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 200 300 400 500

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3

2. OCI.AS Health Analysis

2.1 Basic Checks

  • OCI does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • OCI has about the same amout of shares outstanding than it did 1 year ago.
  • The number of shares outstanding for OCI has been increased compared to 5 years ago.
  • OCI has a better debt/assets ratio than last year.
OCI.AS Yearly Shares OutstandingOCI.AS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
OCI.AS Yearly Total Debt VS Total AssetsOCI.AS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

  • Based on the Altman-Z score of 0.93, we must say that OCI is in the distress zone and has some risk of bankruptcy.
  • OCI's Altman-Z score of 0.93 is on the low side compared to the rest of the industry. OCI is outperformed by 77.61% of its industry peers.
  • A Debt/Equity ratio of 0.05 indicates that OCI is not too dependend on debt financing.
  • OCI has a Debt to Equity ratio of 0.05. This is amongst the best in the industry. OCI outperforms 91.04% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.05
Debt/FCF N/A
Altman-Z 0.93
ROIC/WACCN/A
WACC7.88%
OCI.AS Yearly LT Debt VS Equity VS FCFOCI.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B 4B

2.3 Liquidity

  • OCI has a Current Ratio of 1.65. This is a normal value and indicates that OCI is financially healthy and should not expect problems in meeting its short term obligations.
  • OCI has a Current ratio of 1.65. This is comparable to the rest of the industry: OCI outperforms 52.24% of its industry peers.
  • A Quick Ratio of 1.61 indicates that OCI should not have too much problems paying its short term obligations.
  • With a decent Quick ratio value of 1.61, OCI is doing good in the industry, outperforming 74.63% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.65
Quick Ratio 1.61
OCI.AS Yearly Current Assets VS Current LiabilitesOCI.AS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. OCI.AS Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 1368.28% over the past year.
  • OCI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 105.88% yearly.
  • OCI shows a small growth in Revenue. In the last year, the Revenue has grown by 3.00%.
  • Measured over the past years, OCI shows a very negative growth in Revenue. The Revenue has been decreasing by -20.30% on average per year.
EPS 1Y (TTM)1368.28%
EPS 3Y105.88%
EPS 5YN/A
EPS Q2Q%3950%
Revenue 1Y (TTM)3%
Revenue growth 3Y-46.36%
Revenue growth 5Y-20.3%
Sales Q2Q%-53.2%

3.2 Future

  • OCI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 60.21% yearly.
  • OCI is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -14.70% yearly.
EPS Next Y1314.85%
EPS Next 2Y177.01%
EPS Next 3Y11.85%
EPS Next 5Y60.21%
Revenue Next Year-35.78%
Revenue Next 2Y-20.36%
Revenue Next 3Y-27.16%
Revenue Next 5Y-14.7%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
OCI.AS Yearly Revenue VS EstimatesOCI.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B
OCI.AS Yearly EPS VS EstimatesOCI.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 2 4 6

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Find the best growth stocksShow best growing peers

6

4. OCI.AS Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 0.18, the valuation of OCI can be described as very cheap.
  • Based on the Price/Earnings ratio, OCI is valued cheaper than 100.00% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 25.70. OCI is valued rather cheaply when compared to this.
  • Based on the Price/Forward Earnings ratio of 11.54, the valuation of OCI can be described as reasonable.
  • Based on the Price/Forward Earnings ratio, OCI is valued cheaper than 86.57% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 23.84, OCI is valued rather cheaply.
Industry RankSector Rank
PE 0.18
Fwd PE 11.54
OCI.AS Price Earnings VS Forward Price EarningsOCI.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
OCI.AS Per share dataOCI.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20

4.3 Compensation for Growth

  • OCI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0
PEG (5Y)N/A
EPS Next 2Y177.01%
EPS Next 3Y11.85%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. OCI.AS Dividend Analysis

5.1 Amount

  • No dividends for OCI!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

OCI.AS Fundamentals: All Metrics, Ratios and Statistics

OCI NV

AMS:OCI (3/13/2026, 7:00:00 PM)

3.75

+0.03 (+0.81%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)11-13
Earnings (Next)03-12
Inst Owners41.07%
Inst Owner ChangeN/A
Ins Owners58.66%
Ins Owner ChangeN/A
Market Cap792.60M
Revenue(TTM)975.10M
Net Income(TTM)4.98B
Analysts69.09
Price Target3.89 (3.73%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend13.18
Dividend Growth(5Y)N/A
DP84.62%
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)-17.34%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)103.03%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-4.57%
Revenue NY rev (3m)-4.74%
Valuation
Industry RankSector Rank
PE 0.18
Fwd PE 11.54
P/S 0.94
P/FCF N/A
P/OCF N/A
P/B 0.49
P/tB 0.5
EV/EBITDA N/A
EPS(TTM)20.43
EY544.8%
EPS(NY)0.32
Fwd EY8.66%
FCF(TTM)-1.08
FCFYN/A
OCF(TTM)-1.67
OCFYN/A
SpS4
BVpS7.64
TBVpS7.54
PEG (NY)0
PEG (5Y)N/A
Graham Number59.24
Profitability
Industry RankSector Rank
ROA 140.76%
ROE 267.17%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 510.59%
GM 0.21%
FCFM N/A
ROA(3y)41.1%
ROA(5y)25.43%
ROE(3y)77.65%
ROE(5y)49.16%
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 3Y283.84%
PM growth 5YN/A
GM growth 3Y-81.68%
GM growth 5Y-54.61%
F-Score4
Asset Turnover0.28
Health
Industry RankSector Rank
Debt/Equity 0.05
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 241.89%
Cap/Sales 14.69%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.65
Quick Ratio 1.61
Altman-Z 0.93
F-Score4
WACC7.88%
ROIC/WACCN/A
Cap/Depr(3y)137.7%
Cap/Depr(5y)97.09%
Cap/Sales(3y)24.99%
Cap/Sales(5y)17.3%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1368.28%
EPS 3Y105.88%
EPS 5YN/A
EPS Q2Q%3950%
EPS Next Y1314.85%
EPS Next 2Y177.01%
EPS Next 3Y11.85%
EPS Next 5Y60.21%
Revenue 1Y (TTM)3%
Revenue growth 3Y-46.36%
Revenue growth 5Y-20.3%
Sales Q2Q%-53.2%
Revenue Next Year-35.78%
Revenue Next 2Y-20.36%
Revenue Next 3Y-27.16%
Revenue Next 5Y-14.7%
EBIT growth 1Y44.05%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year113.34%
EBIT Next 3Y-22.71%
EBIT Next 5Y-4.61%
FCF growth 1Y-119.75%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-121.07%
OCF growth 3Y-68.9%
OCF growth 5Y-27.39%

OCI NV / OCI.AS FAQ

What is the ChartMill fundamental rating of OCI NV (OCI.AS) stock?

ChartMill assigns a fundamental rating of 4 / 10 to OCI.AS.


Can you provide the valuation status for OCI NV?

ChartMill assigns a valuation rating of 6 / 10 to OCI NV (OCI.AS). This can be considered as Fairly Valued.


What is the profitability of OCI stock?

OCI NV (OCI.AS) has a profitability rating of 4 / 10.


Can you provide the financial health for OCI stock?

The financial health rating of OCI NV (OCI.AS) is 3 / 10.


How sustainable is the dividend of OCI NV (OCI.AS) stock?

The dividend rating of OCI NV (OCI.AS) is 0 / 10 and the dividend payout ratio is 84.62%.