ORION SA (OEC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:OEC - LU1092234845 - Common Stock
5.15 USD
-0.06 (-1.15%)
5.15 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to OEC. OEC was compared to 83 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 cheap, but on the other hand it scores bad on growth.
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.
In the past 5 years OEC always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of OEC (-1.62%) is comparable to the rest of the industry.
With a Return On Equity value of -7.91%, OEC is not doing good in the industry: 63.10% of the companies in the same industry are doing better.
With a decent Return On Invested Capital value of 5.74%, OEC is doing good in the industry, outperforming 65.48% 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 6.09%.
The 3 year average ROIC (10.04%) for OEC is well above the current ROIC(5.74%). The reason for the recent decline needs to be investigated.
| 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
OEC's Profit Margin has declined in the last couple of years.
The Operating Margin of OEC (5.76%) is comparable to the rest of the industry.
OEC's Operating Margin has declined in the last couple of years.
The Gross Margin of OEC (20.30%) is worse than 64.29% of its industry peers.
OEC's Gross Margin has declined in the last couple of years.
| 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.
OEC has less shares outstanding than it did 5 years ago.
OEC has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.54, we must say that OEC is in the distress zone and has some risk of bankruptcy.
OEC has a Altman-Z score of 1.54. This is in the lower half of the industry: OEC underperforms 60.71% of its industry peers.
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.
OEC has a Debt/Equity ratio of 1.69. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of OEC (1.69) is worse than 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 29.62 | ||
| Altman-Z | 1.54 |
ROIC/WACC0.92
WACC6.25%
2.3 Liquidity
OEC has a Current Ratio of 1.08. 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 worse Current ratio (1.08) than 89.29% of its industry peers.
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 90.48% 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.
Measured over the past 5 years, OEC shows a small growth in Earnings Per Share. The EPS has been growing by 0.11% on average per year.
The Revenue has decreased by -4.31% in the past 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
Based on estimates for the next years, OEC will show a very negative growth in Earnings Per Share. The EPS will decrease by -11.18% on average per year.
The Revenue is expected to decrease by -1.91% on average over the next years.
EPS Next Y-54.98%
EPS Next 2Y-31.05%
EPS Next 3Y-11.18%
EPS Next 5YN/A
Revenue Next Year-7.26%
Revenue Next 2Y-4.93%
Revenue Next 3Y-1.91%
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 decreasing.
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
Based on the Price/Earnings ratio of 4.36, the valuation of OEC can be described as very cheap.
Based on the Price/Earnings ratio, OEC is valued cheaply inside the industry as 95.24% of the companies are valued more expensively.
OEC is valuated cheaply when we compare the Price/Earnings ratio to 26.92, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 6.19, the valuation of OEC can be described as very cheap.
Based on the Price/Forward Earnings ratio, OEC is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 23.46. OEC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.36 | ||
| Fwd PE | 6.19 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OEC is valued cheaper than 92.86% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of OEC indicates a rather cheap valuation: OEC is cheaper than 88.10% of the companies listed 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 -11.18% in the coming years.
PEG (NY)N/A
PEG (5Y)38.06
EPS Next 2Y-31.05%
EPS Next 3Y-11.18%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.59%, OEC has a reasonable but not impressive dividend return.
In the last 3 months the price of OEC has falen by -35.38%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 2.48, OEC has a dividend in line with its industry peers.
OEC's Dividend Yield is slightly below the S&P500 average, which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
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 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-31.05%
EPS Next 3Y-11.18%
5.15
-0.06 (-1.15%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners96.11%
Inst Owner Change-2.52%
Ins Owners3.17%
Ins Owner Change1.83%
Market Cap289.17M
Revenue(TTM)1.83B
Net Income(TTM)-31.80M
Analysts51.67
Price Target6.73 (30.68%)
Short Float %1.3%
Short Ratio0.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
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)-28.65%
PT rev (3m)-53.68%
EPS NQ rev (1m)16.69%
EPS NQ rev (3m)-126.64%
EPS NY rev (1m)-12.99%
EPS NY rev (3m)-35.31%
Revenue NQ rev (1m)3.56%
Revenue NQ rev (3m)-15.75%
Revenue NY rev (1m)-1.73%
Revenue NY rev (3m)-4.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.36 | ||
| Fwd PE | 6.19 | ||
| 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)0.83
Fwd EY16.16%
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
WACC6.25%
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-54.98%
EPS Next 2Y-31.05%
EPS Next 3Y-11.18%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.31%
Revenue growth 3Y6.67%
Revenue growth 5Y4.92%
Sales Q2Q%-2.7%
Revenue Next Year-7.26%
Revenue Next 2Y-4.93%
Revenue Next 3Y-1.91%
Revenue Next 5YN/A
EBIT growth 1Y-36.95%
EBIT growth 3Y3.62%
EBIT growth 5Y1.27%
EBIT Next Year29.69%
EBIT Next 3Y14.53%
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 -54.98% in the next year.