DB:OYM1

Stock Analysis Report

Odyssey Marine Exploration

Executive Summary

Odyssey Marine Exploration, Inc., together with its subsidiaries, engages in deep-ocean exploration activities worldwide.


Snowflake Analysis

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

How has Odyssey Marine Exploration's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: OYM1's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

13.5%

OYM1

0.8%

DE Commercial Services

7.3%

DE Market


1 Year Return

-49.4%

OYM1

-32.2%

DE Commercial Services

-17.7%

DE Market

Return vs Industry: OYM1 underperformed the German Commercial Services industry which returned -32.2% over the past year.

Return vs Market: OYM1 underperformed the German Market which returned -17.7% over the past year.


Shareholder returns

OYM1IndustryMarket
7 Day13.5%0.8%7.3%
30 Day-6.4%-22.5%-17.9%
90 Day10.3%-34.5%-25.8%
1 Year-49.4%-49.4%-29.7%-32.2%-15.1%-17.7%
3 Year-12.6%-12.6%-27.5%-33.9%-18.7%-25.6%
5 Year-58.1%-58.1%-35.3%-44.4%-17.7%-29.0%

Price Volatility Vs. Market

How volatile is Odyssey Marine Exploration's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Odyssey Marine Exploration undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Odyssey Marine Exploration is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Odyssey Marine Exploration has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of OYM1’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Odyssey Marine Exploration regulatory filings.
  • Explore potentially undervalued companies in the Commercial Services industry.

Future Growth

How is Odyssey Marine Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.9%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Odyssey Marine Exploration has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Odyssey Marine Exploration performed over the past 5 years?

31.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OYM1 is currently unprofitable.

Growing Profit Margin: OYM1 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OYM1 is unprofitable, but has reduced losses over the past 5 years at a rate of 31.9% per year.

Accelerating Growth: Unable to compare OYM1's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: OYM1 is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (10.4%).


Return on Equity

High ROE: OYM1's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Odyssey Marine Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: OYM1 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: OYM1 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: OYM1 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: OYM1's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: OYM1 has a low level of unsold assets or inventory.

Debt Coverage by Assets: OYM1 has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: OYM1 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: OYM1 has less than a year of cash runway if free cash flow continues to grow at historical rates of 26.8% each year.


Next Steps

Dividend

What is Odyssey Marine Exploration's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate OYM1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate OYM1's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if OYM1's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OYM1's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of OYM1's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

Mark Gordon (59yo)

5.42s

Tenure

US$468,042

Compensation

Mr. Mark D. Gordon has been the Chief Executive Officer of Odyssey Marine Exploration Inc., since October 01, 2014 and has been its Chairman since June 03, 2019 and served as its President since October 16 ...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD468.04K) is about average for companies of similar size in the German market ($USD432.27K).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Mark Gordon
Chairman & CEO5.42yrsUS$468.04k1.38% $419.1k
John Longley
President & COO0.75yrUS$258.19k0.50% $150.7k
Jay Nudi
CFO, Principal Accounting Officer & Treasurer2.75yrsUS$227.31k0.51% $154.4k
Laura Barton
Executive VP0.75yrUS$443.47k0.49% $148.7k

4.1yrs

Average Tenure

56yo

Average Age

Experienced Management: OYM1's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mark Gordon
Chairman & CEO5.42yrsUS$468.04k1.38% $419.1k
Laura Barton
Executive VP0.75yrUS$443.47k0.49% $148.7k
James Pignatelli
Independent Director4.75yrsno data0.37% $112.8k
Mark Justh
Lead Director5.75yrsno data2.58% $783.1k
Jon Sawyer
Independent Director10.33yrsno data0.38% $114.6k
John Abbott
Independent Director4.75yrsno data0.28% $86.0k

4.8yrs

Average Tenure

58yo

Average Age

Experienced Board: OYM1's board of directors are considered experienced (4.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: OYM1 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9%.


Top Shareholders

Company Information

Odyssey Marine Exploration, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Odyssey Marine Exploration, Inc.
  • Ticker: OYM1
  • Exchange: DB
  • Founded: 1986
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: US$33.552m
  • Listing Market Cap: US$30.412m
  • Shares outstanding: 9.48m
  • Website: https://www.odysseymarine.com

Number of Employees


Location

  • Odyssey Marine Exploration, Inc.
  • 5215 West Laurel Street
  • Tampa
  • Florida
  • 33607
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OMEXNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDAug 1997
OYM1DB (Deutsche Boerse AG)YesCommon StockDEEURAug 1997

Biography

Odyssey Marine Exploration, Inc., together with its subsidiaries, engages in deep-ocean exploration activities worldwide. The company provides exploration services, including geophysical and geotechnical assessments of seabed mineral deposits to companies. It also charters or leases its marine exploration equipment, vessels, and services. Odyssey Marine Exploration, Inc. was founded in 1986 and is headquartered in Tampa, Florida. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/30 21:29
End of Day Share Price2020/03/30 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.