ORION SA (OEC) Stock Fundamental Analysis
NYSE:OEC - New York Stock Exchange, Inc. - LU1092234845 - Common Stock - Currency: USD
Taking everything into account, OEC scores 3 out of 10 in our fundamental rating. OEC was compared to 85 industry peers in the Chemicals industry. There are concerns on the financial health of OEC while its profitability can be described as average. OEC is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year OEC was profitable.
OEC had a positive operating cash flow in the past year.
Each year in the past 5 years OEC has been profitable.
OEC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 1.35%, OEC perfoms like the industry average, outperforming 56.47% of the companies in the same industry.
OEC has a Return On Equity of 5.71%. This is in the better half of the industry: OEC outperforms 64.71% of its industry peers.
OEC has a better Return On Invested Capital (7.44%) than 70.59% of its industry peers.
The Average Return On Invested Capital over the past 3 years for OEC is above the industry average of 6.57%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.35% | ||
| ROE | 5.71% | ||
| ROIC | 7.44% |
ROA(3y)4.55%
ROA(5y)4.64%
ROE(3y)18.02%
ROE(5y)21.25%
ROIC(3y)10.04%
ROIC(5y)8.92%
1.3 Margins
OEC has a Profit Margin of 1.44%. This is comparable to the rest of the industry: OEC outperforms 54.12% of its industry peers.
In the last couple of years the Profit Margin of OEC has declined.
Looking at the Operating Margin, with a value of 7.58%, OEC is in line with its industry, outperforming 45.88% of the companies in the same industry.
OEC's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 21.85%, OEC is not doing good in the industry: 61.18% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of OEC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.58% | ||
| PM (TTM) | 1.44% | ||
| GM | 21.85% |
OM growth 3Y-2.86%
OM growth 5Y-3.48%
PM growth 3Y-35.34%
PM growth 5Y-16.75%
GM growth 3Y-2.96%
GM growth 5Y-2.85%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), OEC is creating some value.
Compared to 1 year ago, OEC has less shares outstanding
The number of shares outstanding for OEC has been reduced compared to 5 years ago.
The debt/assets ratio for OEC is higher compared to a year ago.
2.2 Solvency
OEC has an Altman-Z score of 1.80. This is a bad value and indicates that OEC is not financially healthy and even has some risk of bankruptcy.
OEC has a Altman-Z score (1.80) which is comparable to the rest of the industry.
A Debt/Equity ratio of 1.41 is on the high side and indicates that OEC has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.41, OEC is doing worse than 72.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.41 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.8 |
ROIC/WACC1.15
WACC6.49%
2.3 Liquidity
A Current Ratio of 1.14 indicates that OEC should not have too much problems paying its short term obligations.
OEC has a Current ratio of 1.14. This is amonst the worse of the industry: OEC underperforms 83.53% of its industry peers.
A Quick Ratio of 0.65 indicates that OEC may have some problems paying its short term obligations.
The Quick ratio of OEC (0.65) is worse than 83.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
The earnings per share for OEC have decreased strongly by -14.47% in the last year.
OEC shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.11% yearly.
Looking at the last year, OEC shows a decrease in Revenue. The Revenue has decreased by -0.87% in the last year.
Measured over the past years, OEC shows a small growth in Revenue. The Revenue has been growing by 4.92% on average per year.
EPS 1Y (TTM)-14.47%
EPS 3Y0%
EPS 5Y0.11%
EPS Q2Q%-21.95%
Revenue 1Y (TTM)-0.87%
Revenue growth 3Y6.67%
Revenue growth 5Y4.92%
Sales Q2Q%-2.22%
3.2 Future
OEC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.20% yearly.
Based on estimates for the next years, OEC will show a small growth in Revenue. The Revenue will grow by 1.93% on average per year.
EPS Next Y-22.65%
EPS Next 2Y2.47%
EPS Next 3Y6.2%
EPS Next 5YN/A
Revenue Next Year-2.42%
Revenue Next 2Y1.18%
Revenue Next 3Y1.93%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 7.18 indicates a rather cheap valuation of OEC.
Based on the Price/Earnings ratio, OEC is valued cheaply inside the industry as 90.59% of the companies are valued more expensively.
OEC is valuated cheaply when we compare the Price/Earnings ratio to 26.41, which is the current average of the S&P500 Index.
OEC is valuated cheaply with a Price/Forward Earnings ratio of 5.32.
Based on the Price/Forward Earnings ratio, OEC is valued cheaply inside the industry as 91.76% of the companies are valued more expensively.
OEC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 33.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.18 | ||
| Fwd PE | 5.32 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of OEC indicates a rather cheap valuation: OEC is cheaper than 90.59% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.69 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)62.64
EPS Next 2Y2.47%
EPS Next 3Y6.2%
5. Dividend
5.1 Amount
With a yearly dividend of 0.79%, OEC is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.76, OEC has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, OEC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.79% |
5.2 History
The dividend of OEC decreases each year by -36.41%.
OEC has been paying a dividend for at least 10 years, so it has a reliable track record.
OEC has decreased its dividend recently.
Dividend Growth(5Y)-36.41%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
OEC pays out 18.05% of its income as dividend. This is a sustainable payout ratio.
DP18.05%
EPS Next 2Y2.47%
EPS Next 3Y6.2%
9.77
-0.76 (-7.22%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners93.63%
Inst Owner Change-2.54%
Ins Owners3.16%
Ins Owner Change9.94%
Market Cap549.76M
Analysts77.78
Price Target15.05 (54.04%)
Short Float %1.47%
Short Ratio1.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.79% |
Yearly Dividend0.08
Dividend Growth(5Y)-36.41%
DP18.05%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.51%
Min EPS beat(2)-49.76%
Max EPS beat(2)58.78%
EPS beat(4)1
Avg EPS beat(4)-5.2%
Min EPS beat(4)-49.76%
Max EPS beat(4)58.78%
EPS beat(8)4
Avg EPS beat(8)-7.24%
EPS beat(12)7
Avg EPS beat(12)1.88%
EPS beat(16)10
Avg EPS beat(16)0.7%
Revenue beat(2)0
Avg Revenue beat(2)-2.12%
Min Revenue beat(2)-2.61%
Max Revenue beat(2)-1.63%
Revenue beat(4)0
Avg Revenue beat(4)-3.16%
Min Revenue beat(4)-4.55%
Max Revenue beat(4)-1.63%
Revenue beat(8)1
Avg Revenue beat(8)-2.51%
Revenue beat(12)4
Avg Revenue beat(12)-0.58%
Revenue beat(16)7
Avg Revenue beat(16)0.72%
PT rev (1m)-3.28%
PT rev (3m)-18.06%
EPS NQ rev (1m)-7.13%
EPS NQ rev (3m)-20.83%
EPS NY rev (1m)0%
EPS NY rev (3m)-17.93%
Revenue NQ rev (1m)-0.73%
Revenue NQ rev (3m)-4.53%
Revenue NY rev (1m)-0.48%
Revenue NY rev (3m)-2.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.18 | ||
| Fwd PE | 5.32 | ||
| P/S | 0.3 | ||
| P/FCF | N/A | ||
| P/OCF | 5.89 | ||
| P/B | 1.18 | ||
| P/tB | 1.47 | ||
| EV/EBITDA | 5.69 |
EPS(TTM)1.36
EY13.92%
EPS(NY)1.84
Fwd EY18.81%
FCF(TTM)-1.95
FCFYN/A
OCF(TTM)1.66
OCFY16.97%
SpS32.92
BVpS8.28
TBVpS6.65
PEG (NY)N/A
PEG (5Y)62.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.35% | ||
| ROE | 5.71% | ||
| ROCE | 10.28% | ||
| ROIC | 7.44% | ||
| ROICexc | 7.65% | ||
| ROICexgc | 8.22% | ||
| OM | 7.58% | ||
| PM (TTM) | 1.44% | ||
| GM | 21.85% | ||
| FCFM | N/A |
ROA(3y)4.55%
ROA(5y)4.64%
ROE(3y)18.02%
ROE(5y)21.25%
ROIC(3y)10.04%
ROIC(5y)8.92%
ROICexc(3y)10.49%
ROICexc(5y)9.4%
ROICexgc(3y)11.34%
ROICexgc(5y)10.32%
ROCE(3y)13.86%
ROCE(5y)12.32%
ROICexcg growth 3Y-2.89%
ROICexcg growth 5Y-7.29%
ROICexc growth 3Y-1.68%
ROICexc growth 5Y-5.77%
OM growth 3Y-2.86%
OM growth 5Y-3.48%
PM growth 3Y-35.34%
PM growth 5Y-16.75%
GM growth 3Y-2.96%
GM growth 5Y-2.85%
F-Score5
Asset Turnover0.94
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.41 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.46 | ||
| Cap/Depr | 158.56% | ||
| Cap/Sales | 10.95% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 34.77% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 1.8 |
F-Score5
WACC6.49%
ROIC/WACC1.15
Cap/Depr(3y)179.38%
Cap/Depr(5y)178.91%
Cap/Sales(3y)10.53%
Cap/Sales(5y)11.65%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-14.47%
EPS 3Y0%
EPS 5Y0.11%
EPS Q2Q%-21.95%
EPS Next Y-22.65%
EPS Next 2Y2.47%
EPS Next 3Y6.2%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.87%
Revenue growth 3Y6.67%
Revenue growth 5Y4.92%
Sales Q2Q%-2.22%
Revenue Next Year-2.42%
Revenue Next 2Y1.18%
Revenue Next 3Y1.93%
Revenue Next 5YN/A
EBIT growth 1Y-23.94%
EBIT growth 3Y3.62%
EBIT growth 5Y1.27%
EBIT Next Year53.8%
EBIT Next 3Y23.23%
EBIT Next 5YN/A
FCF growth 1Y-4662.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-56.98%
OCF growth 3Y-4.79%
OCF growth 5Y-11.55%