Ratings Oceana Group Limited

Equities

OCE

ZAE000025284

End-of-day quote Johannesburg S.E. Other stock markets 06:00:00 2024-04-23 pm EDT			5-day change	1st Jan Change
73 ^ZAR	+0.10%		+2.51%	+3.30%

Apr. 18	Oceana Group Limited Provides Earnings Guidance for the Six Months Ended 31 March 2024	CI
Mar. 11	Oceana Group Limited Announces Appointment of Poovendhri Viranna as Independent Non-Executive Director	CI

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.

Strengths

Its low valuation, with P/E ratio at 7.39 and 7.63 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company's share price in relation to its net book value makes it look relatively cheap.
The company is one of the best yield companies with high dividend expectations.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
The opinion of analysts covering the stock has improved over the past four months.
Over the past twelve months, analysts' opinions have been strongly revised upwards.

Weaknesses

The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Food Processing

	1st Jan change	Capi.	ESG Refinitiv
OCEANA GROUP LIMITED	+3.30%	459M	B
MONDELEZ INTERNATIONAL, INC.	-1.55%	95.17B	C+
KRAFT HEINZ	+4.30%	46.28B	C+
DANONE	+1.84%	40.93B	B-
GENERAL MILLS, INC.	+9.93%	39.98B	B-
THE HERSHEY COMPANY	+0.91%	38.2B	B-
ARCHER-DANIELS-MIDLAND COMPANY	-14.76%	31B	B-
NESTLÉ INDIA LIMITED	-5.89%	28.94B	A
ASSOCIATED BRITISH FOODS PLC	+14.15%	25.4B	A-
YIHAI KERRY ARAWANA HOLDINGS CO., LTD	-10.70%	22.48B	A

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

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Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

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RSI

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Unusual volumes