OCWEN FINANCIAL CORP (OCN) Fundamental Analysis & Valuation

NYSE:OCN • US6757466064

25.08 USD
-0.19 (-0.75%)
At close: Jun 7, 2024
25.08 USD
0 (0%)
After Hours: 6/7/2024, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This OCN 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, OCN scores 4 out of 10 in our fundamental rating. OCN was compared to 97 industry peers in the Financial Services industry. OCN has a medium profitability rating, but doesn't score so well on its financial health evaluation. OCN has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

4

1. OCN Profitability Analysis

1.1 Basic Checks

  • OCN had positive earnings in the past year.
  • OCN had a negative operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: OCN reported negative net income in multiple years.
  • OCN had a positive operating cash flow in 4 of the past 5 years.
OCN Yearly Net Income VS EBIT VS OCF VS FCFOCN 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 0 -500M -1B

1.2 Ratios

  • OCN's Return On Assets of 0.05% is on the low side compared to the rest of the industry. OCN is outperformed by 67.65% of its industry peers.
  • Looking at the Return On Equity, with a value of 1.53%, OCN is doing worse than 66.67% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 2.85%, OCN is in line with its industry, outperforming 49.02% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for OCN is significantly below the industry average of 8.35%.
  • The last Return On Invested Capital (2.85%) for OCN is above the 3 year average (2.53%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 0.05%
ROE 1.53%
ROIC 2.85%
ROA(3y)-0.05%
ROA(5y)-0.38%
ROE(3y)-2.14%
ROE(5y)-10.12%
ROIC(3y)2.53%
ROIC(5y)2.24%
OCN Yearly ROA, ROE, ROICOCN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 0 -10 -20 -30

1.3 Margins

  • OCN has a worse Profit Margin (0.63%) than 63.73% of its industry peers.
  • OCN's Operating Margin of 44.71% is amongst the best of the industry. OCN outperforms 86.27% of its industry peers.
  • OCN's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 94.58%, OCN belongs to the top of the industry, outperforming 99.02% of the companies in the same industry.
  • OCN's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 44.71%
PM (TTM) 0.63%
GM 94.58%
OM growth 3Y40.09%
OM growth 5Y26.37%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y12.91%
GM growth 5Y5.26%
OCN Yearly Profit, Operating, Gross MarginsOCN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 0 20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. OCN Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), OCN is creating some value.
  • The number of shares outstanding for OCN has been increased compared to 1 year ago.
  • The debt/assets ratio for OCN is higher compared to a year ago.
OCN Yearly Shares OutstandingOCN Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2M 4M 6M 8M
OCN Yearly Total Debt VS Total AssetsOCN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2B 4B 6B 8B 10B

2.2 Solvency

  • Based on the Altman-Z score of 0.21, we must say that OCN is in the distress zone and has some risk of bankruptcy.
  • OCN's Altman-Z score of 0.21 is on the low side compared to the rest of the industry. OCN is outperformed by 62.75% of its industry peers.
  • A Debt/Equity ratio of 27.58 is on the high side and indicates that OCN has dependencies on debt financing.
  • OCN has a Debt to Equity ratio of 27.58. This is amonst the worse of the industry: OCN underperforms 96.08% of its industry peers.
Industry RankSector Rank
Debt/Equity 27.58
Debt/FCF N/A
Altman-Z 0.21
ROIC/WACC1.42
WACC2.01%
OCN Yearly LT Debt VS Equity VS FCFOCN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 2B 4B 6B 8B 10B

2.3 Liquidity

  • A Current Ratio of 2.15 indicates that OCN has no problem at all paying its short term obligations.
  • The Current ratio of OCN (2.15) is better than 77.45% of its industry peers.
  • A Quick Ratio of 2.15 indicates that OCN has no problem at all paying its short term obligations.
  • With a decent Quick ratio value of 2.15, OCN is doing good in the industry, outperforming 79.41% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.15
Quick Ratio 2.15
OCN Yearly Current Assets VS Current LiabilitesOCN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M

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

5

3. OCN Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 108.67% over the past year.
  • The Revenue has been growing slightly by 6.07% in the past year.
  • Measured over the past years, OCN shows a small growth in Revenue. The Revenue has been growing by 0.07% on average per year.
EPS 1Y (TTM)108.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%170.04%
Revenue 1Y (TTM)6.07%
Revenue growth 3Y3.54%
Revenue growth 5Y0.07%
Sales Q2Q%-8.67%

3.2 Future

  • Based on estimates for the next years, OCN will show a very strong growth in Earnings Per Share. The EPS will grow by 68.72% on average per year.
  • OCN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.81% yearly.
EPS Next Y177.63%
EPS Next 2Y68.72%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.39%
Revenue Next 2Y5.81%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
OCN Yearly Revenue VS EstimatesOCN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B
OCN Yearly EPS VS EstimatesOCN Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 -20

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Find the best growth stocksShow best growing peers

5

4. OCN Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 33.89, OCN can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Earnings ratio of OCN indicates a slightly more expensive valuation: OCN is more expensive than 62.75% of the companies listed in the same industry.
  • OCN is valuated rather expensively when we compare the Price/Earnings ratio to 27.03, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 3.55 indicates a rather cheap valuation of OCN.
  • Based on the Price/Forward Earnings ratio, OCN is valued cheaper than 97.06% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 25.11. OCN is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 33.89
Fwd PE 3.55
OCN Price Earnings VS Forward Price EarningsOCN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of OCN is on the same level as its industry peers.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 24.96
OCN Per share dataOCN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 100 -100 -200

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • OCN's earnings are expected to grow with 68.72% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.19
PEG (5Y)N/A
EPS Next 2Y68.72%
EPS Next 3YN/A

More info and screens

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

0

5. OCN Dividend Analysis

5.1 Amount

  • OCN does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

Find the best dividend stocksShow peers with best dividend

OCN Fundamentals: All Metrics, Ratios and Statistics

OCWEN FINANCIAL CORP

NYSE:OCN (6/7/2024, 8:04:00 PM)

After market: 25.08 0 (0%)

25.08

-0.19 (-0.75%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)05-02
Earnings (Next)08-01
Inst Owners51.13%
Inst Owner Change12.14%
Ins Owners36.44%
Ins Owner Change0%
Market Cap195.87M
Revenue(TTM)1.04B
Net Income(TTM)6.60M
Analysts77.5
Price Target41.48 (65.39%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-264.62%
Min EPS beat(2)-741.07%
Max EPS beat(2)211.83%
EPS beat(4)2
Avg EPS beat(4)-50.98%
Min EPS beat(4)-741.07%
Max EPS beat(4)329.04%
EPS beat(8)3
Avg EPS beat(8)-4157.22%
EPS beat(12)5
Avg EPS beat(12)-3100.7%
EPS beat(16)7
Avg EPS beat(16)-2275.15%
Revenue beat(2)1
Avg Revenue beat(2)-3.77%
Min Revenue beat(2)-12.44%
Max Revenue beat(2)4.91%
Revenue beat(4)2
Avg Revenue beat(4)-2.62%
Min Revenue beat(4)-12.44%
Max Revenue beat(4)4.91%
Revenue beat(8)3
Avg Revenue beat(8)-3.37%
Revenue beat(12)3
Avg Revenue beat(12)-6.05%
Revenue beat(16)5
Avg Revenue beat(16)-4.72%
PT rev (1m)0%
PT rev (3m)1.67%
EPS NQ rev (1m)6.56%
EPS NQ rev (3m)6.56%
EPS NY rev (1m)17.35%
EPS NY rev (3m)21.33%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.5%
Revenue NY rev (1m)-2.23%
Revenue NY rev (3m)-0.72%
Valuation
Industry RankSector Rank
PE 33.89
Fwd PE 3.55
P/S 0.19
P/FCF N/A
P/OCF N/A
P/B 0.45
P/tB N/A
EV/EBITDA 24.96
EPS(TTM)0.74
EY2.95%
EPS(NY)7.06
Fwd EY28.15%
FCF(TTM)-25.16
FCFYN/A
OCF(TTM)-10.15
OCFYN/A
SpS133.66
BVpS55.33
TBVpS-249.41
PEG (NY)0.19
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 0.05%
ROE 1.53%
ROCE 3.61%
ROIC 2.85%
ROICexc 2.9%
ROICexgc 3.89%
OM 44.71%
PM (TTM) 0.63%
GM 94.58%
FCFM N/A
ROA(3y)-0.05%
ROA(5y)-0.38%
ROE(3y)-2.14%
ROE(5y)-10.12%
ROIC(3y)2.53%
ROIC(5y)2.24%
ROICexc(3y)2.57%
ROICexc(5y)2.3%
ROICexgc(3y)3.56%
ROICexgc(5y)3.19%
ROCE(3y)3.2%
ROCE(5y)2.84%
ROICexgc growth 3Y37.88%
ROICexgc growth 5Y16.11%
ROICexc growth 3Y36.42%
ROICexc growth 5Y18.63%
OM growth 3Y40.09%
OM growth 5Y26.37%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y12.91%
GM growth 5Y5.26%
F-Score6
Asset Turnover0.08
Health
Industry RankSector Rank
Debt/Equity 27.58
Debt/FCF N/A
Debt/EBITDA 24.94
Cap/Depr 1055.86%
Cap/Sales 11.23%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.15
Quick Ratio 2.15
Altman-Z 0.21
F-Score6
WACC2.01%
ROIC/WACC1.42
Cap/Depr(3y)3528.28%
Cap/Depr(5y)2500.81%
Cap/Sales(3y)37.67%
Cap/Sales(5y)31.03%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)108.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%170.04%
EPS Next Y177.63%
EPS Next 2Y68.72%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.07%
Revenue growth 3Y3.54%
Revenue growth 5Y0.07%
Sales Q2Q%-8.67%
Revenue Next Year3.39%
Revenue Next 2Y5.81%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y44.66%
EBIT growth 3Y45.05%
EBIT growth 5Y26.46%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y80.75%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y49.1%
OCF growth 3Y-65.84%
OCF growth 5Y-47.96%

OCWEN FINANCIAL CORP / OCN FAQ

What is the ChartMill fundamental rating of OCWEN FINANCIAL CORP (OCN) stock?

ChartMill assigns a fundamental rating of 4 / 10 to OCN.


What is the valuation status for OCN stock?

ChartMill assigns a valuation rating of 5 / 10 to OCWEN FINANCIAL CORP (OCN). This can be considered as Fairly Valued.


Can you provide the profitability details for OCWEN FINANCIAL CORP?

OCWEN FINANCIAL CORP (OCN) has a profitability rating of 4 / 10.


What is the financial health of OCWEN FINANCIAL CORP (OCN) stock?

The financial health rating of OCWEN FINANCIAL CORP (OCN) is 3 / 10.


How sustainable is the dividend of OCWEN FINANCIAL CORP (OCN) stock?

The dividend rating of OCWEN FINANCIAL CORP (OCN) is 0 / 10 and the dividend payout ratio is 0%.