ORION SA (OEC) Stock Fundamental Analysis
NYSE:OEC - New York Stock Exchange, Inc. - LU1092234845 - Common Stock - Currency: USD
Overall OEC gets a fundamental rating of 3 out of 10. We evaluated OEC against 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 has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year OEC was profitable.
OEC had a positive operating cash flow in the past year.
In the past 5 years OEC has always been profitable.
Each year in the past 5 years OEC had a positive operating cash flow.
1.2 Ratios
OEC has a Return On Assets (1.35%) which is in line with its industry peers.
The Return On Equity of OEC (5.71%) is better than 63.53% of its industry peers.
OEC has a better Return On Invested Capital (7.44%) than 69.41% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for OEC is above the industry average of 6.84%.
| 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 (1.44%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of OEC has declined.
OEC has a Operating Margin (7.58%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of OEC has declined.
The Gross Margin of OEC (21.85%) is worse than 62.35% 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
OEC has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, OEC has less shares outstanding
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 1.81. 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.
With a Altman-Z score value of 1.81, OEC perfoms like the industry average, 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.
Looking at the Debt to Equity ratio, with a value of 1.41, OEC is doing worse than 74.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.41 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.81 |
ROIC/WACC1.16
WACC6.41%
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.
The Current ratio of OEC (1.14) is worse than 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's Quick ratio of 0.65 is on the low side compared to the rest of the industry. OEC is outperformed by 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%.
The Earnings Per Share has been growing slightly by 0.11% on average over the past years.
OEC shows a decrease in Revenue. In the last year, the revenue decreased by -2.31%.
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
The Earnings Per Share is expected to grow by 6.42% on average over the next years.
Based on estimates for the next years, OEC will show a small growth in Revenue. The Revenue will grow by 2.06% on average per year.
EPS Next Y-22.07%
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
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
OEC is valuated cheaply with a Price/Earnings ratio of 7.75.
Based on the Price/Earnings ratio, OEC is valued cheaper than 92.94% of the companies in the same industry.
OEC is valuated cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 6.08, the valuation of OEC can be described as very cheap.
OEC's Price/Forward Earnings ratio is rather cheap when compared to the industry. OEC is cheaper than 94.12% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of OEC to the average of the S&P500 Index (21.76), we can say OEC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.75 | ||
| Fwd PE | 6.08 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OEC is valued cheaper than 90.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.86 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)67.59
EPS Next 2Y2.75%
EPS Next 3Y6.42%
5. Dividend
5.1 Amount
OEC has a yearly dividend return of 0.74%, which is pretty low.
Compared to an average industry Dividend Yield of 3.57, OEC is paying slightly less dividend.
With a Dividend Yield of 0.74, OEC pays less dividend than the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.74% |
5.2 History
The dividend of OEC decreases each year by -36.41%.
OEC has paid a dividend for at least 10 years, which is 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
18.05% of the earnings are spent on dividend by OEC. This is a low number and sustainable payout ratio.
DP18.05%
EPS Next 2Y2.75%
EPS Next 3Y6.42%
11.24
-0.08 (-0.71%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners96.2%
Inst Owner Change-0.09%
Ins Owners2.97%
Ins Owner Change9.99%
Market Cap632.47M
Analysts77.78
Price Target15.56 (38.43%)
Short Float %1.66%
Short Ratio1.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.74% |
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)-15.28%
PT rev (3m)-28.24%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-15.27%
EPS NY rev (1m)-4.39%
EPS NY rev (3m)-20.5%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.72%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.75 | ||
| Fwd PE | 6.08 | ||
| P/S | 0.34 | ||
| P/FCF | N/A | ||
| P/OCF | 6.78 | ||
| P/B | 1.36 | ||
| P/tB | 1.69 | ||
| EV/EBITDA | 5.86 |
EPS(TTM)1.45
EY12.9%
EPS(NY)1.85
Fwd EY16.44%
FCF(TTM)-1.95
FCFYN/A
OCF(TTM)1.66
OCFY14.75%
SpS32.92
BVpS8.28
TBVpS6.65
PEG (NY)N/A
PEG (5Y)67.59
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
WACC6.41%
ROIC/WACC1.16
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-22.07%
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%