Oceana Group Ltd OCE

Morningstar Rating
ZAC 6,873.00 +47.00 (0.69%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

OCE is trading within a range we consider fairly valued.
Price
ZAR 68.94
Fair Value
ZAR 72.22
Uncertainty
High
1-Star Price
ZAR 646.78
5-Star Price
ZAR 85.70
Economic Moat
Xrdv
Capital Allocation

News

Trading Information

Previous Close Price
ZAC 6,826.00
Day Range
ZAC 6,826.006,962.00
52-Week Range
ZAC 6,053.007,850.00
Bid/Ask
ZAC 6,666.00 / ZAC 7,014.00
Market Cap
ZAC 827.00 Bil
Volume/Avg
74,354 / 157,551

Key Statistics

Price/Earnings (Normalized)
8.78
Price/Sales
0.79
Dividend Yield (Trailing)
7.27%
Dividend Yield (Forward)
7.27%
Total Yield
8.53%

Company Profile

Oceana Group Ltd is an African fishing company focused on catching, procuring, processing, marketing, and distributing canned fish, fishmeal, fish oil, lobster, horse mackerel, squid, and hake. Oceana Group also provides refrigerated warehouse facilities and logistical support services. The company's principal market is the lower-end consumer who prefers canned fish and horse mackerel. The majority of Oceana Group's revenue is derived from South Africa and Nambia. The company operates through four segments: Canned Fish and Fishmeal (Africa), which contributes the majority portion of revenue; Fishmeal and Fish Oil (USA); Horse Mackerel, Hake, Lobster, and Squid; and Commercial Cold Storage Logistics.
Sector
Consumer Defensive
Industry
Packaged Foods
Stock Style Box
Small Core
Total Number of Employees
3,416

Comparables

Valuation

Metric
OCE
ISF
SVN
Price/Earnings (Normalized)
8.7844.5234.90
Price/Book Value
1.041.742.09
Price/Sales
0.795.453.98
Price/Cash Flow
7.2825.1721.21
Price/Earnings
OCE
ISF
SVN

Financial Strength

Metric
OCE
ISF
SVN
Quick Ratio
0.891.131.81
Current Ratio
1.722.102.96
Interest Coverage
7.783.353.13
Quick Ratio
OCE
ISF
SVN

Profitability

Metric
OCE
ISF
SVN
Return on Assets (Normalized)
9.64%2.46%3.63%
Return on Equity (Normalized)
17.75%3.62%6.30%
Return on Invested Capital (Normalized)
13.19%3.64%5.53%
Return on Assets
OCE
ISF
SVN

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