ORION SA (OEC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:OEC - LU1092234845 - Common Stock
5.64 USD
-0.15 (-2.59%)
5.64 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. While OEC is still in line with the averages on profitability rating, there are concerns on its financial health. OEC is valued quite cheap, 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.
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
Looking at the Return On Assets, with a value of -1.62%, OEC is doing worse than 60.24% of the companies in the same industry.
OEC has a worse Return On Equity (-7.91%) than 63.86% of its industry peers.
OEC has a better Return On Invested Capital (5.74%) than 65.06% of its industry peers.
The Average Return On Invested Capital over the past 3 years for OEC is above the industry average of 6.10%.
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
In the last couple of years the Profit Margin of OEC has declined.
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.
OEC has a worse Gross Margin (20.30%) than 65.06% 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
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
The debt/assets ratio for OEC is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.55, we must say that OEC is in the distress zone and has some risk of bankruptcy.
OEC has a worse Altman-Z score (1.55) than 62.65% 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.
OEC's Debt to FCF ratio of 29.62 is in line compared to the rest of the industry. OEC outperforms 50.60% of its industry peers.
OEC has a Debt/Equity ratio of 1.69. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.69, OEC is doing worse than 78.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 29.62 | ||
| Altman-Z | 1.55 |
ROIC/WACC0.89
WACC6.42%
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 Current ratio of 1.08. This is amonst the worse of the industry: OEC underperforms 89.16% 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.
The Quick ratio of OEC (0.64) is worse than 90.36% 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.
OEC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.92% yearly.
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
OEC is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -11.18% yearly.
Based on estimates for the next years, OEC will show a decrease in Revenue. The Revenue will decrease by -1.91% on average per year.
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.
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
A Price/Earnings ratio of 4.78 indicates a rather cheap valuation of OEC.
Based on the Price/Earnings ratio, OEC is valued cheaply inside the industry as 95.18% of the companies are valued more expensively.
OEC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.92.
Based on the Price/Forward Earnings ratio of 6.78, the valuation of OEC can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OEC indicates a rather cheap valuation: OEC is cheaper than 92.77% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.57. OEC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.78 | ||
| Fwd PE | 6.78 |
4.2 Price Multiples
OEC's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. OEC is cheaper than 91.57% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, OEC is valued cheaper than 85.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.29 | ||
| EV/EBITDA | 5.4 |
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)41.68
EPS Next 2Y-31.05%
EPS Next 3Y-11.18%
5. Dividend
5.1 Amount
OEC has a Yearly Dividend Yield of 1.57%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.47, OEC has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.94, OEC has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.57% |
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.
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%
5.64
-0.15 (-2.59%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners95.95%
Inst Owner Change0%
Ins Owners3.25%
Ins Owner Change1.83%
Market Cap316.69M
Revenue(TTM)1.83B
Net Income(TTM)-31.80M
Analysts51.67
Price Target6.73 (19.33%)
Short Float %1.28%
Short Ratio0.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.57% |
Yearly Dividend0.08
Dividend Growth(5Y)-36.41%
DP-14.78%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
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)0%
EPS NQ rev (3m)-126.87%
EPS NY rev (1m)0%
EPS NY rev (3m)-35.31%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-14.54%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.78 | ||
| Fwd PE | 6.78 | ||
| P/S | 0.17 | ||
| P/FCF | 9.29 | ||
| P/OCF | 1.46 | ||
| P/B | 0.79 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 5.4 |
EPS(TTM)1.18
EY20.92%
EPS(NY)0.83
Fwd EY14.75%
FCF(TTM)0.61
FCFY10.77%
OCF(TTM)3.87
OCFY68.65%
SpS32.58
BVpS7.16
TBVpS6.87
PEG (NY)N/A
PEG (5Y)41.68
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 | 1.55 |
F-Score3
WACC6.42%
ROIC/WACC0.89
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 for 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.
Can you provide the PE and PB ratios for OEC stock?
The Price/Earnings (PE) ratio for ORION SA (OEC) is 4.78 and the Price/Book (PB) ratio is 0.79.
How financially healthy is ORION SA?
The financial health rating of ORION SA (OEC) is 2 / 10.