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. While OEC is still in line with the averages on profitability rating, there are concerns on its financial health. 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.
In the past year OEC had a positive cash flow from operations.
In the past 5 years OEC has always been profitable.
In the past 5 years OEC always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 1.35%, OEC perfoms like the industry average, outperforming 54.12% of the companies in the same industry.
OEC has a better Return On Equity (5.71%) than 63.53% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.44%, OEC is in the better half of the industry, outperforming 68.24% of the companies in the same industry.
OEC had an Average Return On Invested Capital over the past 3 years of 10.04%. This is above the industry average of 6.86%.
| 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 51.76% of its industry peers.
In the last couple of years the Profit Margin of OEC has declined.
OEC has a Operating Margin of 7.58%. This is comparable to the rest of the industry: OEC outperforms 43.53% of its industry peers.
In the last couple of years the Operating Margin of OEC has declined.
OEC has a Gross Margin of 21.85%. This is in the lower half of the industry: OEC underperforms 63.53% of its industry peers.
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.
OEC has a worse debt/assets ratio than last year.
2.2 Solvency
OEC has an Altman-Z score of 1.81. This is not the best score and indicates that OEC is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 1.81, OEC is in line with its industry, outperforming 47.06% of the companies in the same industry.
OEC has a Debt/Equity ratio of 1.41. This is a high value indicating a heavy dependency on external financing.
OEC has a Debt to Equity ratio of 1.41. This is in the lower half of the industry: OEC underperforms 74.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.41 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.81 |
ROIC/WACC1.13
WACC6.61%
2.3 Liquidity
OEC has a Current Ratio of 1.14. This is a normal value and indicates that OEC is financially healthy and should not expect problems in meeting 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.
OEC has a worse Quick ratio (0.65) than 82.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
OEC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -15.20%.
OEC shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.11% yearly.
The Revenue has decreased by -2.31% in the past year.
OEC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.92% yearly.
EPS 1Y (TTM)-15.2%
EPS 3Y0%
EPS 5Y0.11%
EPS Q2Q%-57.69%
Revenue 1Y (TTM)-2.31%
Revenue growth 3Y6.67%
Revenue growth 5Y4.92%
Sales Q2Q%-5.01%
3.2 Future
Based on estimates for the next years, OEC will show a small growth in Earnings Per Share. The EPS will grow by 6.42% on average per year.
OEC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.06% yearly.
EPS Next Y-18.5%
EPS Next 2Y2.75%
EPS Next 3Y6.42%
EPS Next 5YN/A
Revenue Next Year-1.68%
Revenue Next 2Y1.49%
Revenue Next 3Y2.06%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 7.74 indicates a rather cheap valuation of OEC.
90.59% of the companies in the same industry are more expensive than OEC, based on the Price/Earnings ratio.
OEC is valuated cheaply when we compare the Price/Earnings ratio to 26.31, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 6.07, which indicates a rather cheap valuation of OEC.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OEC indicates a rather cheap valuation: OEC is cheaper than 92.94% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of OEC to the average of the S&P500 Index (22.06), we can say OEC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.74 | ||
| Fwd PE | 6.07 |
4.2 Price Multiples
89.41% of the companies in the same industry are more expensive than OEC, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.86 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)67.47
EPS Next 2Y2.75%
EPS Next 3Y6.42%
5. Dividend
5.1 Amount
OEC has a yearly dividend return of 0.75%, which is pretty low.
OEC's Dividend Yield is slightly below the industry average, which is at 3.75.
Compared to an average S&P500 Dividend Yield of 2.38, OEC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.75% |
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.
The dividend of OEC decreased 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 2Y2.75%
EPS Next 3Y6.42%
11.22
-0.11 (-0.97%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners97.68%
Inst Owner Change-3.12%
Ins Owners2.52%
Ins Owner Change6.78%
Market Cap631.35M
Analysts77.78
Price Target18.36 (63.64%)
Short Float %1.23%
Short Ratio1.01
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.75% |
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)0%
PT rev (3m)-17.43%
EPS NQ rev (1m)-10.15%
EPS NQ rev (3m)-11.67%
EPS NY rev (1m)-13.52%
EPS NY rev (3m)-18.73%
Revenue NQ rev (1m)-2.49%
Revenue NQ rev (3m)-2.53%
Revenue NY rev (1m)-2.09%
Revenue NY rev (3m)-5.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.74 | ||
| Fwd PE | 6.07 | ||
| P/S | 0.34 | ||
| P/FCF | N/A | ||
| P/OCF | 6.77 | ||
| P/B | 1.35 | ||
| P/tB | 1.69 | ||
| EV/EBITDA | 5.86 |
EPS(TTM)1.45
EY12.92%
EPS(NY)1.85
Fwd EY16.47%
FCF(TTM)-1.95
FCFYN/A
OCF(TTM)1.66
OCFY14.78%
SpS32.92
BVpS8.28
TBVpS6.65
PEG (NY)N/A
PEG (5Y)67.47
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 | 1.81 |
F-Score5
WACC6.61%
ROIC/WACC1.13
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)-15.2%
EPS 3Y0%
EPS 5Y0.11%
EPS Q2Q%-57.69%
EPS Next Y-18.5%
EPS Next 2Y2.75%
EPS Next 3Y6.42%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.31%
Revenue growth 3Y6.67%
Revenue growth 5Y4.92%
Sales Q2Q%-5.01%
Revenue Next Year-1.68%
Revenue Next 2Y1.49%
Revenue Next 3Y2.06%
Revenue Next 5YN/A
EBIT growth 1Y-23.94%
EBIT growth 3Y3.62%
EBIT growth 5Y1.27%
EBIT Next Year56.36%
EBIT Next 3Y23.5%
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%