DB:OI3

Stock Analysis Report

Executive Summary

Oie Sangyo Co., Ltd. operates as a food trading company in Japan.


Snowflake Analysis

Excellent balance sheet with proven track record.

Share Price & News

How has Oie Sangyo's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: OI3 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

3.5%

OI3

0.5%

DE Consumer Retailing

-0.9%

DE Market


1 Year Return

15.0%

OI3

2.8%

DE Consumer Retailing

12.8%

DE Market

Return vs Industry: OI3 exceeded the German Consumer Retailing industry which returned 2.8% over the past year.

Return vs Market: OI3 exceeded the German Market which returned 12.8% over the past year.


Shareholder returns

OI3IndustryMarket
7 Day3.5%0.5%-0.9%
30 Day5.4%1.7%-0.4%
90 Day-1.7%2.0%2.3%
1 Year16.8%15.0%6.9%2.8%16.3%12.8%
3 Year28.7%23.0%9.1%-1.8%15.8%5.7%
5 Year98.2%82.1%9.6%-7.2%19.7%3.3%

Price Volatility Vs. Market

How volatile is Oie Sangyo's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Oie Sangyo undervalued compared to its fair value and its price relative to the market?

19.79x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: OI3 (€11.8) is trading above our estimate of fair value (€1.92)

Significantly Below Fair Value: OI3 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: OI3 is good value based on its PE Ratio (19.8x) compared to the Consumer Retailing industry average (21x).

PE vs Market: OI3 is good value based on its PE Ratio (19.8x) compared to the German market (21x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate OI3's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: OI3 is good value based on its PB Ratio (1x) compared to the XE Consumer Retailing industry average (1.6x).


Next Steps

Future Growth

How is Oie Sangyo forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.9%

Forecasted Consumer Retailing 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 Oie Sangyo 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 Oie Sangyo performed over the past 5 years?

7.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OI3 has a large one-off gain of ¥185.0M impacting its December 31 2019 financial results.

Growing Profit Margin: OI3's current net profit margins (0.7%) are higher than last year (0.6%).


Past Earnings Growth Analysis

Earnings Trend: OI3's earnings have grown by 7.2% per year over the past 5 years.

Accelerating Growth: OI3's earnings growth over the past year (19.4%) exceeds its 5-year average (7.2% per year).

Earnings vs Industry: OI3 earnings growth over the past year (19.4%) exceeded the Consumer Retailing industry 2%.


Return on Equity

High ROE: OI3's Return on Equity (5%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Oie Sangyo's financial position?


Financial Position Analysis

Short Term Liabilities: OI3's short term assets (¥23.2B) exceed its short term liabilities (¥20.3B).

Long Term Liabilities: OI3's short term assets (¥23.2B) exceed its long term liabilities (¥3.3B).


Debt to Equity History and Analysis

Debt Level: OI3's debt to equity ratio (10.7%) is considered satisfactory.

Reducing Debt: OI3's debt to equity ratio has increased from 0% to 10.7% over the past 5 years.

Debt Coverage: OI3's debt is well covered by operating cash flow (161%).

Interest Coverage: OI3 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: OI3 has a high level of physical assets or inventory.

Debt Coverage by Assets: OI3's debt is covered by short term assets (assets are 16.3x debt).


Next Steps

Dividend

What is Oie Sangyo's current dividend yield, its reliability and sustainability?


Upcoming Dividend Payment

TodayFeb 24 2020Ex Dividend DateMar 30 2020Dividend Pay DateJun 07 202069 days from Ex DividendBuy in the next 34 days to receive upcoming dividend

Dividend Yield vs Market

Notable Dividend: Unable to evaluate OI3's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate OI3'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 OI3's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OI3's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: OI3 is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of OI3'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?

9.7yrs

Average board tenure


CEO

Keiji Oie (71yo)

15.7yrs

Tenure

Mr. Keiji Oie has been the President of Oie Sangyo Co. Ltd. since June 2004 and has been its General Manager of Administrative Division since June 2012. Mr. Oie joined Oie Sangyo Co., Ltd. in April 1978 an ...


Board Members

NamePositionTenureCompensationOwnership
Makoto Oie
Chairman & Executive Officer15.7yrsno data2.75% ¥3.0m
Keiji Oie
President15.7yrsno data1.75% ¥1.9m
Kaoru Tsujino
MD, GM of Sales Dept13.7yrsno datano data
Yoji Nagae
GM of East Japan Operations7.7yrsno data0.12% ¥131.6k
Ryoji Sasaki
GM of West Japan Operations & Director0yrsno data0.14% ¥155.6k
Masamune Shirakawa
Full-Time Auditor11.7yrsno datano data
Michiya Ogita
External Auditor5yrsno datano data
Takuya Wada
External Director4.7yrsno datano data
Akiko Tanabe
External Director4.7yrsno datano data
Kaoru Hashimoto
External Auditor0yrsno datano data

9.7yrs

Average Tenure

67.5yo

Average Age

Experienced Board: OI3's board of directors are considered experienced (9.7 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Oie Sangyo Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Oie Sangyo Co., Ltd.
  • Ticker: OI3
  • Exchange: DB
  • Founded: 1947
  • Industry: Food Distributors
  • Sector: Consumer Retailing
  • Market Cap: JP¥13.139b
  • Listing Market Cap: JP¥108.292m
  • Shares outstanding: 9.05m
  • Website: https://www.oie.co.jp

Number of Employees


Location

  • Oie Sangyo Co., Ltd.
  • 6-11-27 Toyosaki
  • Kita-ku
  • Osaka
  • 531-8534
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
7481TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYDec 1995
OI3DB (Deutsche Boerse AG)YesCommon StockDEEURDec 1995

Biography

Oie Sangyo Co., Ltd. operates as a food trading company in Japan. It primarily supplies frozen, cooked, semi-cooked, dried, and canned food products to restaurants, taverns, and other food service industries, as well as hospitals and elderly facilities. The company was founded in 1947 and is headquartered in Osaka, Japan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 21:52
End of Day Share Price2020/02/21 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.