ORION SA (OEC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:OEC - LU1092234845 - Common Stock
5.15 USD
+0.09 (+1.78%)
5.14 USD
-0.01 (-0.19%)
OEC gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 81 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 quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
OEC had positive earnings in the past year.
In the past year OEC had a positive cash flow from operations.
OEC had positive earnings in each of the past 5 years.
OEC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of OEC (-1.62%) is worse than 60.49% of its industry peers.
The Return On Equity of OEC (-7.91%) is worse than 64.20% of its industry peers.
OEC has a better Return On Invested Capital (5.74%) than 64.20% of its industry peers.
OEC had an Average Return On Invested Capital over the past 3 years of 10.04%. This is above the industry average of 6.07%.
The last Return On Invested Capital (5.74%) for OEC is well below the 3 year average (10.04%), which needs to be investigated, but indicates that OEC had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.62% | ||
| ROE | -7.91% | ||
| ROIC | 5.74% |
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
In the last couple of years the Profit Margin of OEC has declined.
Looking at the Operating Margin, with a value of 5.76%, OEC is in line with its industry, outperforming 43.21% of the companies in the same industry.
OEC's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 20.30%, OEC is doing worse than 65.43% of the companies in the same industry.
In the last couple of years the Gross Margin of OEC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.76% | ||
| PM (TTM) | N/A | ||
| GM | 20.3% |
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.
The number of shares outstanding for OEC has been reduced compared to 1 year ago.
Compared to 5 years ago, OEC has less shares outstanding
OEC has a worse debt/assets ratio than last year.
2.2 Solvency
OEC has an Altman-Z score of 1.54. This is a bad value and indicates that OEC is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.54, OEC is doing worse than 62.96% of the companies in the same industry.
The Debt to FCF ratio of OEC is 29.62, which is on the high side as it means it would take OEC, 29.62 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of OEC (29.62) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.69 is on the high side and indicates that OEC has dependencies on debt financing.
OEC has a Debt to Equity ratio of 1.69. This is in the lower half of the industry: OEC underperforms 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 29.62 | ||
| Altman-Z | 1.54 |
ROIC/WACC0.92
WACC6.24%
2.3 Liquidity
A Current Ratio of 1.08 indicates that OEC should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.08, OEC is doing worse than 90.12% of the companies in the same industry.
OEC has a Quick Ratio of 1.08. This is a bad value and indicates that OEC is not financially healthy enough and could expect problems in meeting its short term obligations.
OEC has a Quick ratio of 0.64. This is amonst the worse of the industry: OEC underperforms 90.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
The earnings per share for OEC have decreased strongly by -24.84% in the last year.
The Earnings Per Share has been growing slightly by 0.11% on average over the past years.
Looking at the last year, OEC shows a decrease in Revenue. The Revenue has decreased by -4.31% in the last year.
The Revenue has been growing slightly by 4.92% on average over the past years.
EPS 1Y (TTM)-24.84%
EPS 3Y0%
EPS 5Y0.11%
EPS Q2Q%-38.3%
Revenue 1Y (TTM)-4.31%
Revenue growth 3Y6.67%
Revenue growth 5Y4.92%
Sales Q2Q%-2.7%
3.2 Future
The Earnings Per Share is expected to decrease by -2.60% on average over the next years.
The Revenue is expected to decrease by -0.18% on average over the next years.
EPS Next Y-48.26%
EPS Next 2Y-13.36%
EPS Next 3Y-2.6%
EPS Next 5YN/A
Revenue Next Year-5.63%
Revenue Next 2Y-1.64%
Revenue Next 3Y-0.18%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
The Price/Earnings ratio is 4.36, which indicates a rather cheap valuation of OEC.
95.06% of the companies in the same industry are more expensive than OEC, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.15. OEC is valued rather cheaply when compared to this.
OEC is valuated cheaply with a Price/Forward Earnings ratio of 3.92.
OEC's Price/Forward Earnings ratio is rather cheap when compared to the industry. OEC is cheaper than 97.53% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.12. OEC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.36 | ||
| Fwd PE | 3.92 |
4.2 Price Multiples
92.59% of the companies in the same industry are more expensive than OEC, based on the Enterprise Value to EBITDA ratio.
OEC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. OEC is cheaper than 86.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.48 | ||
| EV/EBITDA | 5.25 |
4.3 Compensation for Growth
A cheap valuation may be justified as OEC's earnings are expected to decrease with -2.60% in the coming years.
PEG (NY)N/A
PEG (5Y)38.06
EPS Next 2Y-13.36%
EPS Next 3Y-2.6%
5. Dividend
5.1 Amount
OEC has a Yearly Dividend Yield of 1.90%.
The stock price of OEC dropped by -51.18% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 4.16, OEC has a dividend in line with its industry peers.
Compared to the average S&P500 Dividend Yield of 2.41, OEC is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.9% |
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 has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The Dividend Rate of OEC has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP-14.78%
EPS Next 2Y-13.36%
EPS Next 3Y-2.6%
5.15
+0.09 (+1.78%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners96.66%
Inst Owner Change-2.26%
Ins Owners3.17%
Ins Owner Change3.42%
Market Cap289.17M
Revenue(TTM)1.83B
Net Income(TTM)-31.80M
Analysts51.67
Price Target9.44 (83.3%)
Short Float %1.84%
Short Ratio1.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.9% |
Yearly Dividend0.08
Dividend Growth(5Y)-36.41%
DP-14.78%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.27%
Min EPS beat(2)-7.9%
Max EPS beat(2)10.43%
EPS beat(4)2
Avg EPS beat(4)2.89%
Min EPS beat(4)-49.76%
Max EPS beat(4)58.78%
EPS beat(8)3
Avg EPS beat(8)-7.65%
EPS beat(12)7
Avg EPS beat(12)2.64%
EPS beat(16)9
Avg EPS beat(16)-1.16%
Revenue beat(2)1
Avg Revenue beat(2)-0.68%
Min Revenue beat(2)-1.75%
Max Revenue beat(2)0.39%
Revenue beat(4)1
Avg Revenue beat(4)-1.4%
Min Revenue beat(4)-2.61%
Max Revenue beat(4)0.39%
Revenue beat(8)2
Avg Revenue beat(8)-0.72%
Revenue beat(12)3
Avg Revenue beat(12)-1.97%
Revenue beat(16)6
Avg Revenue beat(16)-0.19%
PT rev (1m)-35.09%
PT rev (3m)-36.21%
EPS NQ rev (1m)-174.57%
EPS NQ rev (3m)-125.74%
EPS NY rev (1m)0%
EPS NY rev (3m)-31.05%
Revenue NQ rev (1m)-18.98%
Revenue NQ rev (3m)-18.89%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.36 | ||
| Fwd PE | 3.92 | ||
| P/S | 0.16 | ||
| P/FCF | 8.48 | ||
| P/OCF | 1.33 | ||
| P/B | 0.72 | ||
| P/tB | 0.75 | ||
| EV/EBITDA | 5.25 |
EPS(TTM)1.18
EY22.91%
EPS(NY)1.31
Fwd EY25.51%
FCF(TTM)0.61
FCFY11.79%
OCF(TTM)3.87
OCFY75.18%
SpS32.58
BVpS7.16
TBVpS6.87
PEG (NY)N/A
PEG (5Y)38.06
Graham Number13.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.62% | ||
| ROE | -7.91% | ||
| ROCE | 7.93% | ||
| ROIC | 5.74% | ||
| ROICexc | 5.97% | ||
| ROICexgc | 6.05% | ||
| OM | 5.76% | ||
| PM (TTM) | N/A | ||
| GM | 20.3% | ||
| FCFM | 1.86% |
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%
ROICexgc growth 3Y-2.89%
ROICexgc 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-Score3
Asset Turnover0.93
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 29.62 | ||
| Debt/EBITDA | 2.86 | ||
| Cap/Depr | 138.34% | ||
| Cap/Sales | 10.02% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 91.42% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | 1.54 |
F-Score3
WACC6.24%
ROIC/WACC0.92
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)-24.84%
EPS 3Y0%
EPS 5Y0.11%
EPS Q2Q%-38.3%
EPS Next Y-48.26%
EPS Next 2Y-13.36%
EPS Next 3Y-2.6%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.31%
Revenue growth 3Y6.67%
Revenue growth 5Y4.92%
Sales Q2Q%-2.7%
Revenue Next Year-5.63%
Revenue Next 2Y-1.64%
Revenue Next 3Y-0.18%
Revenue Next 5YN/A
EBIT growth 1Y-36.95%
EBIT growth 3Y3.62%
EBIT growth 5Y1.27%
EBIT Next Year51.09%
EBIT Next 3Y21.78%
EBIT Next 5YN/A
FCF growth 1Y-82.8%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-42.01%
OCF growth 3Y-4.79%
OCF growth 5Y-11.55%
ORION SA / OEC FAQ
Can you provide the ChartMill fundamental rating for ORION SA?
ChartMill assigns a fundamental rating of 3 / 10 to OEC.
What is the valuation status of ORION SA (OEC) stock?
ChartMill assigns a valuation rating of 7 / 10 to ORION SA (OEC). This can be considered as Undervalued.
How profitable is ORION SA (OEC) stock?
ORION SA (OEC) has a profitability rating of 4 / 10.
What are the PE and PB ratios of ORION SA (OEC) stock?
The Price/Earnings (PE) ratio for ORION SA (OEC) is 4.36 and the Price/Book (PB) ratio is 0.72.
What is the earnings growth outlook for ORION SA?
The Earnings per Share (EPS) of ORION SA (OEC) is expected to decline by -48.26% in the next year.