BST:3OI

Stock Analysis Report

Executive Summary

Oishi Group Public Company Limited, together with its subsidiaries, operates Japanese restaurant, and food and beverage businesses in Thailand and internationally.

Snowflake

Fundamentals

Flawless balance sheet and good value.

Share Price & News

How has Oishi Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.2%

3OI

6.4%

DE Hospitality

2.4%

DE Market


1 Year Return

48.0%

3OI

-14.0%

DE Hospitality

4.9%

DE Market

Return vs Industry: 3OI exceeded the German Hospitality industry which returned -14% over the past year.

Return vs Market: 3OI exceeded the German Market which returned 4.9% over the past year.


Shareholder returns

3OIIndustryMarket
7 Day1.2%6.4%2.4%
30 Day-2.0%23.8%2.3%
90 Day10.3%22.7%2.7%
1 Year53.4%48.0%-8.2%-14.0%8.2%4.9%
3 Year-10.7%-17.6%18.4%2.6%18.3%8.0%
5 Year91.8%67.7%35.9%9.9%44.2%24.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Oishi Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 3OI (€3.3) is trading below our estimate of fair value (€7.16)

Significantly Below Fair Value: 3OI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 3OI is good value based on its PE Ratio (16.5x) compared to the Hospitality industry average (32.7x).

PE vs Market: 3OI is good value based on its PE Ratio (16.5x) compared to the German market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3OI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3OI is overvalued based on its PB Ratio (3.3x) compared to the DE Hospitality industry average (2.7x).


Next Steps

Future Growth

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

-6.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3OI's earnings are forecast to decline over the next 3 years (-6.9% per year).

Earnings vs Market: 3OI's earnings are forecast to decline over the next 3 years (-6.9% per year).

High Growth Earnings: 3OI's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if 3OI's revenue is forecast to grow faster than the German market.

High Growth Revenue: Insufficient data to determine if 3OI's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 3OI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Oishi Group performed over the past 5 years?

16.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 3OI's earnings have grown by 16.8% per year over the past 5 years.

Accelerating Growth: 3OI's earnings growth over the past year (12%) is below its 5-year average (16.8% per year).

Earnings vs Industry: 3OI earnings growth over the past year (12%) exceeded the Hospitality industry -28.4%.


Return on Equity

High ROE: 3OI's Return on Equity (20.1%) is considered high.


Return on Assets

ROA vs Industry: 3OI has a higher Return on Assets than the Hospitality industry average last year.


Return on Capital Employed

ROCE Improving: 3OI's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Oishi Group's financial position?


Financial Position Analysis

Short Term Liabilities: 3OI's short term assets (฿3.0B) exceeds its short term liabilities (฿2.7B)

Long Term Liabilities: 3OI's short term assets (3.0B) exceeds its long term liabilities (138.2M)


Debt to Equity History and Analysis

Debt Level: 3OI's debt to equity ratio (15.2%) is considered satisfactory

Reducing Debt: 3OI's debt to equity ratio has reduced from 61.6% to 15.2% over the past 5 years.

Debt Coverage: 3OI's debt is well covered by operating cash flow (287.8%).

Interest Coverage: 3OI's interest payments on its debt are well covered by EBIT (81.8x coverage).


Balance Sheet

Inventory Level: 3OI has a high level of physical assets or inventory.

Debt Coverage by Assets: 3OI's debt is covered by short term assets (assets are 2.999400x debt).


Next Steps

Dividend

What is Oishi Group's current dividend yield, its reliability and sustainability?

2.39%

Current Dividend Yield


Dividend Yield vs Market

company2.4%marketbottom25%1.5%markettop25%3.8%industryaverage5.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 3OI's dividend (2.39%) is higher than the bottom 25% of dividend payers in the German market (1.46%).

High Dividend: 3OI's dividend (2.39%) is low compared to the top 25% of dividend payers in the German market (3.79%).

Stable Dividend: 3OI's dividend payments have been volatile in the past 10 years.

Growing Dividend: 3OI's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (42.4%), 3OI's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Oishi Group's salary, the management and board of directors tenure and is there insider trading?

1.2yrs

Average management tenure


CEO

Nongnuch Buranasetkul (52yo)

2.7yrs

Tenure

฿2,082,500

Compensation

Mrs. Nongnuch Buranasetkul has been the President of Oishi Group Public Company Limited since February 9, 2017 and serves as its CEO. Mrs. Buranasetkul serves as Senior Vice President & Chief Food Business ...


Management Age and Tenure

1.2yrs

Average Tenure

51yo

Average Age

Experienced Management: 3OI's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Age and Tenure

13.7yrs

Average Tenure

65yo

Average Age

Experienced Board: 3OI's board of directors are seasoned and experienced ( 13.7 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • Thapana Sirivadhanabhakdi (44yo)

    Executive Vice Chairman

    • Tenure: 13.8yrs
    • Compensation: ฿5.95m
  • Paisarn Aowsathaporn (54yo)

    Executive Vice President of Food Business

    • Tenure: 0yrs
  • Taratip Ghosh (50yo)

    Senior Vice President of Beverages Business

    • Tenure: 4.4yrs
  • Nongnuch Buranasetkul (52yo)

    CEO, President & Director

    • Tenure: 2.7yrs
    • Compensation: ฿2.08m
  • Mekhala Nethipo

    Senior Vice President of Packed Food Business

    • Tenure: 1.2yrs
  • Kritsada Wattanapakin

    Vice President of Finance & Accounting

    • Tenure: 1.2yrs
  • Suthada Suwan

    Company Secretary

    • Tenure: 0.9yrs

Board Members

  • Thapana Sirivadhanabhakdi (44yo)

    Executive Vice Chairman

    • Tenure: 13.8yrs
    • Compensation: ฿5.95m
  • Vikrom Koompairochana (73yo)

    Independent Director

    • Tenure: 12.9yrs
    • Compensation: ฿3.71m
  • Chai Jroongtanapibarn (65yo)

    Independent Director

    • Tenure: 13.7yrs
    • Compensation: ฿3.69m
  • Ueychai Tantha-Obhas (70yo)

    Director

    • Tenure: 13.8yrs
    • Compensation: ฿4.14m
  • Sithichai Chaikriangkrai (65yo)

    Director

    • Tenure: 13.8yrs
    • Compensation: ฿4.20m
  • Pisanu Vichiensanth (63yo)

    Director

    • Tenure: 13.8yrs
    • Compensation: ฿3.70m
  • Potjanee Thanavaranit (73yo)

    Independent Director

    • Tenure: 10.7yrs
    • Compensation: ฿3.65m
  • Prasit Kovilaikool (76yo)

    Chairman of the Board

    • Tenure: 5.5yrs
    • Compensation: ฿4.77m
  • Nongnuch Buranasetkul (52yo)

    CEO, President & Director

    • Tenure: 2.7yrs
    • Compensation: ฿2.08m

Company Information

Oishi Group Public Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Oishi Group Public Company Limited
  • Ticker: 3OI
  • Exchange: BST
  • Founded: 1999
  • Industry: Restaurants
  • Sector: Consumer Services
  • Market Cap: ฿21.938b
  • Listing Market Cap: ฿650.537m
  • Shares outstanding: 187.50m
  • Website: https://www.oishigroup.com

Location

  • Oishi Group Public Company Limited
  • No. 90 CW Tower
  • Unit B3601, 36th Floor
  • Bangkok
  • 10310
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OISHISET (The Stock Exchange of Thailand)YesOrdinary SharesTHTHBAug 2004
OISHI-RSET (The Stock Exchange of Thailand)THB2(NVDR)THTHBAug 2004
3OIBST (Boerse-Stuttgart)THB2(NVDR)DEEURAug 2004

Biography

Oishi Group Public Company Limited, together with its subsidiaries, operates Japanese restaurant, and food and beverage businesses in Thailand and internationally. The company operates through Food and Bev ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 21:34
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
Annual Earnings2018/09/30


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.