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Overseas Shipholding Group

DB:19O
Snowflake Description

Moderate growth potential and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
19O
DB
$142M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Overseas Shipholding Group, Inc. owns and operates a fleet of oceangoing vessels engaged in the transportation of crude oil and petroleum products in the United States. The last earnings update was 36 days ago. More info.


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  • Overseas Shipholding Group has significant price volatility in the past 3 months.
19O Share Price and Events
7 Day Returns
3.6%
DB:19O
-0.7%
DE Oil and Gas
-3.6%
DE Market
1 Year Returns
-55%
DB:19O
16.2%
DE Oil and Gas
-11.8%
DE Market
19O Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Overseas Shipholding Group (19O) 3.6% -7.3% -21.4% -55% - -
DE Oil and Gas -0.7% 3.4% 8.4% 16.2% 22.7% 67.2%
DE Market -3.6% -2.1% -0.8% -11.8% 12% 5.8%
1 Year Return vs Industry and Market
  • 19O underperformed the Oil and Gas industry which returned 16.2% over the past year.
  • 19O underperformed the Market in Germany which returned -11.8% over the past year.
Price Volatility
19O
Industry
5yr Volatility vs Market

19O Value

 Is Overseas Shipholding Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Overseas Shipholding Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Overseas Shipholding Group.

DB:19O Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 12.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:19O
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.908 (1 + (1- 21%) (427.04%))
2.992
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (2 * 5.96%)
12.15%

Discounted Cash Flow Calculation for DB:19O using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Overseas Shipholding Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:19O DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 12.15%)
2019 17.38 Est @ -31.28% 15.50
2020 13.58 Est @ -21.83% 10.80
2021 11.52 Est @ -15.21% 8.17
2022 10.30 Est @ -10.58% 6.51
2023 9.54 Est @ -7.34% 5.38
2024 9.06 Est @ -5.07% 4.55
2025 8.75 Est @ -3.48% 3.92
2026 8.54 Est @ -2.37% 3.41
2027 8.40 Est @ -1.59% 2.99
2028 8.31 Est @ -1.04% 2.64
Present value of next 10 years cash flows $63.88
DB:19O DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $8.31 × (1 + 0.23%) ÷ (12.15% – 0.23%)
$69.92
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $69.92 ÷ (1 + 12.15%)10
$22.22
DB:19O Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $63.88 + $22.22
$86.09
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $86.09 / 85.29
$1.01
DB:19O Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:19O represents 0.88554x of NYSE:OSG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.88554x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 1.01 x 0.88554
€0.89
Value per share (EUR) From above. €0.89
Current discount Discount to share price of €1.47
= -1 x (€1.47 - €0.89) / €0.89
-64.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Overseas Shipholding Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Overseas Shipholding Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Overseas Shipholding Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:19O PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.15
NYSE:OSG Share Price ** NYSE (2019-06-14) in USD $1.66
Germany Oil and Gas Industry PE Ratio Median Figure of 5 Publicly-Listed Oil and Gas Companies 8.66x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.7x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Overseas Shipholding Group.

DB:19O PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:OSG Share Price ÷ EPS (both in USD)

= 1.66 ÷ 0.15

11.3x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Overseas Shipholding Group is overvalued based on earnings compared to the DE Oil and Gas industry average.
  • Overseas Shipholding Group is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Overseas Shipholding Group's expected growth come at a high price?
Raw Data
DB:19O PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.3x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
21.7%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 58 Publicly-Listed Oil and Gas Companies 0.89x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Overseas Shipholding Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Overseas Shipholding Group's assets?
Raw Data
DB:19O PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $3.92
NYSE:OSG Share Price * NYSE (2019-06-14) in USD $1.66
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.28x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.76x
DB:19O PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:OSG Share Price ÷ Book Value per Share (both in USD)

= 1.66 ÷ 3.92

0.42x

* Primary Listing of Overseas Shipholding Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Overseas Shipholding Group is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Overseas Shipholding Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Overseas Shipholding Group has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

19O Future Performance

 How is Overseas Shipholding Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Overseas Shipholding Group, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Overseas Shipholding Group expected to grow at an attractive rate?
  • Overseas Shipholding Group's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Overseas Shipholding Group's earnings growth is expected to exceed the Germany market average.
  • Unable to compare Overseas Shipholding Group's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:19O Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:19O Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 21.7%
Germany Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average -5.2%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:19O Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:19O Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:19O Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 353 35 13
2018-12-31 366 45 13
2018-09-30 370 50 72
2018-06-30 382 59 54
2018-03-31 383 51 54
2017-12-31 390 44 56
2017-09-30 412 149 67
2017-06-30 433 170 20
2017-03-31 455 228 11
2016-12-31 462 329 -3
2016-09-30 94 282 -262
2016-06-30 221 320 -36

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Overseas Shipholding Group's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Overseas Shipholding Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:19O Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Overseas Shipholding Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:19O Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:19O Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.15
2018-12-31 0.15
2018-09-30 0.82
2018-06-30 0.62
2018-03-31 0.62
2017-12-31 0.64
2017-09-30 0.76
2017-06-30 0.23
2017-03-31 0.12
2016-12-31 -0.04
2016-09-30 -2.81
2016-06-30 -0.38

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Overseas Shipholding Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Overseas Shipholding Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Overseas Shipholding Group has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

19O Past Performance

  How has Overseas Shipholding Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Overseas Shipholding Group's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Overseas Shipholding Group has delivered over 20% year on year earnings growth in the past 5 years.
  • Overseas Shipholding Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Overseas Shipholding Group's 1-year earnings growth is negative, it can't be compared to the Europe Oil and Gas industry average.
Earnings and Revenue History
Overseas Shipholding Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Overseas Shipholding Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:19O Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 352.87 13.02 25.24
2018-12-31 366.16 13.49 26.35
2018-09-30 369.75 72.29 26.66
2018-06-30 382.48 54.03 26.58
2018-03-31 383.34 54.19 26.02
2017-12-31 390.43 55.96 27.34
2017-09-30 412.39 66.99 27.61
2017-06-30 433.30 20.45 31.40
2017-03-31 455.46 10.70 36.75
2016-12-31 462.42 -3.45 41.35
2016-09-30 93.74 -262.39 37.98
2016-06-30 221.31 -36.18 49.24
2016-03-31 348.41 28.79 55.18
2015-12-31 466.87 80.41 61.54
2015-09-30 937.71 301.22 79.32
2015-06-30 902.24 138.48 78.19
2015-03-31 898.53 -121.92 81.85
2014-12-31 440.42 -143.21 52.45
2014-09-30 1,013.61 -626.08 94.49
2014-06-30 1,074.67 -635.74 97.35
2014-03-31 1,061.00 -457.92 102.56
2013-12-31 1,016.00 -638.23 100.87
2013-09-30 998.79 -555.72 91.78
2013-06-30 1,015.65 -582.47 90.68
2013-03-31 1,078.89 -611.02 87.44
2012-12-31 1,123.83 -480.11 88.85
2012-09-30 1,125.68 -172.79 82.68
2012-06-30 1,097.86 -209.52 80.50

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Overseas Shipholding Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Overseas Shipholding Group used its assets less efficiently than the DE Oil and Gas industry average last year based on Return on Assets.
  • Overseas Shipholding Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Overseas Shipholding Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Overseas Shipholding Group has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

19O Health

 How is Overseas Shipholding Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Overseas Shipholding Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Overseas Shipholding Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Overseas Shipholding Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Overseas Shipholding Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Overseas Shipholding Group Company Filings, last reported 2 months ago.

DB:19O Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 334.01 604.63 75.60
2018-12-31 329.47 345.54 80.42
2018-09-30 333.39 377.58 123.98
2018-06-30 320.83 376.66 130.97
2018-03-31 317.26 375.76 111.47
2017-12-31 313.24 448.94 165.99
2017-09-30 259.27 491.65 199.73
2017-06-30 264.30 508.73 204.58
2017-03-31 259.39 512.03 198.08
2016-12-31 254.33 525.08 191.09
2016-09-30 1,414.87 981.74 313.23
2016-06-30 1,547.98 1,116.91 455.83
2016-03-31 1,535.41 1,143.69 402.01
2015-12-31 1,580.49 691.04 193.98
2015-09-30 1,562.40 1,558.71 628.02
2015-06-30 1,392.97 1,662.66 646.27
2015-03-31 1,326.27 1,665.61 477.32
2014-12-31 1,286.09 1,668.67 389.23
2014-09-30 1,267.60 1,671.38 296.35
2014-06-30 -255.85 2,594.61 644.91
2014-03-31 -51.33 2,557.45 638.68
2013-12-31 -60.25 2,562.75 601.93
2013-09-30 373.25 2,558.70 570.63
2013-06-30 369.92 2,564.11 586.78
2013-03-31 372.86 2,564.68 556.62
2012-12-31 534.25 2,570.88 507.52
2012-09-30 891.08 2,576.07 566.88
2012-06-30 1,477.05 2,248.54 226.55
  • Overseas Shipholding Group's level of debt (102.2%) compared to net worth is high (greater than 40%).
  • Overseas Shipholding Group had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
  • Debt is not well covered by operating cash flow (10.4%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 0.7x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Overseas Shipholding Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Overseas Shipholding Group has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

19O Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Overseas Shipholding Group dividends.
If you bought €2,000 of Overseas Shipholding Group shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Overseas Shipholding Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Overseas Shipholding Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:19O Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 58 Stocks 5.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:19O Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
DB:19O Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-03-12 0.000 0.000
2018-03-09 0.000 0.000
2017-11-09 0.000 0.000
2017-08-09 0.000 0.000
2017-05-10 0.000 0.000
2017-03-09 0.000 0.000
2017-03-07 0.000 0.000
2016-11-09 0.000 0.000
2016-05-04 0.000 0.000
2016-03-01 1.920 15.433

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Overseas Shipholding Group has not reported any payouts.
  • Unable to verify if Overseas Shipholding Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Overseas Shipholding Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Overseas Shipholding Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Overseas Shipholding Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Overseas Shipholding Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Overseas Shipholding Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

19O Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Samuel Norton
COMPENSATION $3,334,682
AGE 59
TENURE AS CEO 2.5 years
CEO Bio

Mr. Samuel H. Norton, also known as Sam, has been the Chief Executive Officer and President of Overseas Shipholding Group, Inc. since December 29, 2016 and served as its Senior Vice President since July 17, 2016 until December 29, 2016. Mr. Norton served as the Chief Executive Officer of the U.S. Flag Strategic Business Unit and President of the U.S. Flag Strategic Business Unit at Overseas Shipholding Group Inc. since July 17, 2016 until December 29, 2016. Mr. Norton Co-founded SeaChange Maritime, LLC in 2006 and has been its Chairman and Chief Executive Officer since 2006. He spent the 17 year period ending July 2005 as a senior executive officer at Tanker Pacific Management (Singapore) Pte. Ltd. In 1995, Mr. Norton initiated and lead the entry of the Sammy Ofer Group into the container segment and acquired and operated the first container vessels in the group's fleet. While at Tanker Pacific, he also conceived and started a related business, Tanker Pacific Offshore Terminals (TPOT), which owns and operates a fleet of floating, offshore oil storage terminals (FSO). Prior to joining the Ofer group, Mr. Norton played a lead role in the Asian distressed assets group of the First National Bank of Boston, a position which acquainted him with the shipping industry and the Ofer family. He has been a Director of Overseas Shipholding Group Inc. since August 05, 2014. Mr. Norton holds a BA in Chinese Language and Literature from Dartmouth College where he graduated in 1981.

CEO Compensation
  • Samuel's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Samuel's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Overseas Shipholding Group management team in years:

2.5
Average Tenure
55
Average Age
  • The tenure for the Overseas Shipholding Group management team is about average.
Management Team

Samuel Norton

TITLE
President
COMPENSATION
$3M
AGE
59
TENURE
2.5 yrs

Dick Trueblood

TITLE
VP & CFO
COMPENSATION
$854K
AGE
72
TENURE
1.9 yrs

Patrick O’Halloran

TITLE
COO & VP
COMPENSATION
$742K
AGE
48
TENURE
2.5 yrs

Damon Mote

TITLE
VP & Chief Administrative Officer
COMPENSATION
$744K
AGE
50
TENURE
2.5 yrs

Susan Allan

TITLE
VP, General Counsel & Corporate Secretary
COMPENSATION
$575K
AGE
55
TENURE
2.6 yrs
Board of Directors Tenure

Average tenure and age of the Overseas Shipholding Group board of directors in years:

3.8
Average Tenure
60.5
Average Age
  • The tenure for the Overseas Shipholding Group board of directors is about average.
Board of Directors

Doug Wheat

TITLE
Chairman of the Board
COMPENSATION
$271K
AGE
67
TENURE
4.5 yrs

Samuel Norton

TITLE
President
COMPENSATION
$3M
AGE
59
TENURE
4.8 yrs

Anja Manuel

TITLE
Director
COMPENSATION
$174K
AGE
43
TENURE
2 yrs

Pat Reddy

TITLE
Director
COMPENSATION
$130K
AGE
65
TENURE
1 yrs

Julie Silcock

TITLE
Director
COMPENSATION
$129K
AGE
62
TENURE
1 yrs

Gene Taylor

TITLE
Director
COMPENSATION
$178K
AGE
64
TENURE
4.8 yrs

Joe Kronsberg

TITLE
Director
COMPENSATION
$158K
AGE
35
TENURE
3.8 yrs

Ty Wallach

TITLE
Non-Employee Director
COMPENSATION
$82K
AGE
46
TENURE
3.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Overseas Shipholding Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Overseas Shipholding Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

19O News

Simply Wall St News

19O Company Info

Description

Overseas Shipholding Group, Inc. owns and operates a fleet of oceangoing vessels engaged in the transportation of crude oil and petroleum products in the United States. At December 31, 2018, the company owned or operated a fleet of 21 vessels totaling an aggregate of approximately 900,000 deadweight tons. It serves independent oil traders, refinery operators, and the United States and international government entities. Overseas Shipholding Group, Inc. was founded in 1948 and is headquartered in Tampa, Florida.

Details
Name: Overseas Shipholding Group, Inc.
19O
Exchange: DB
Founded: 1948
$126,167,254
85,292,751
Website: http://www.osg.com
Address: Overseas Shipholding Group, Inc.
Two Harbour Place,
302 Knights Run Avenue,
Tampa,
Florida, 33602,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE OSG Class A Common Stock New York Stock Exchange US USD 01. Dec 2015
DB 19O COM USD0.01 CL A (POST REV SPLT) Deutsche Boerse AG DE EUR 18. Nov 2016
Number of employees
Current staff
Staff numbers
1,061
Overseas Shipholding Group employees.
Industry
Oil and Gas Storage and Transportation
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/15 22:30
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2017/03/07
Last earnings filing: 2019/05/10
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.