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OCDO

Ocado Group LSE:OCDO Stock Report

Last Price

UK£7.55

Market Cap

UK£5.6b

7D

-6.9%

1Y

-61.5%

Updated

21 May, 2022

Data

Company Financials +
OCDO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance0/6
Financial Health3/6
Dividends0/6

OCDO Stock Overview

Ocado Group plc operates as an online grocery retailer in the United Kingdom and internationally.

Ocado Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ocado Group
Historical stock prices
Current Share PriceUK£7.55
52 Week HighUK£21.05
52 Week LowUK£6.92
Beta0.60
1 Month Change-30.75%
3 Month Change-41.94%
1 Year Change-61.45%
3 Year Change-37.10%
5 Year Change141.15%
Change since IPO351.98%

Recent News & Updates

Apr 08
Health Check: How Prudently Does Ocado Group (LON:OCDO) Use Debt?

Health Check: How Prudently Does Ocado Group (LON:OCDO) Use Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Dec 23
Calculating The Intrinsic Value Of Ocado Group plc (LON:OCDO)

Calculating The Intrinsic Value Of Ocado Group plc (LON:OCDO)

Does the December share price for Ocado Group plc ( LON:OCDO ) reflect what it's really worth? Today, we will estimate...

Shareholder Returns

OCDOGB Consumer RetailingGB Market
7D-6.9%-6.0%-0.4%
1Y-61.5%-20.1%-4.0%

Return vs Industry: OCDO underperformed the UK Consumer Retailing industry which returned -20% over the past year.

Return vs Market: OCDO underperformed the UK Market which returned -3.9% over the past year.

Price Volatility

Is OCDO's price volatile compared to industry and market?
OCDO volatility
OCDO Average Weekly Movement7.9%
Consumer Retailing Industry Average Movement5.6%
Market Average Movement6.1%
10% most volatile stocks in GB Market11.5%
10% least volatile stocks in GB Market3.2%

Stable Share Price: OCDO is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: OCDO's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200019,347Tim Steinerhttps://www.ocadogroup.com

Ocado Group plc operates as an online grocery retailer in the United Kingdom and internationally. The company operates through three segments: Ocado Retail, UK Solutions & Logistics, and International Solutions. It also sells general merchandise products on its Ocado.com; provides online retail solutions; and offers customer fulfillment centre and logistics services.

Ocado Group Fundamentals Summary

How do Ocado Group's earnings and revenue compare to its market cap?
OCDO fundamental statistics
Market CapUK£5.60b
Earnings (TTM)-UK£223.20m
Revenue (TTM)UK£2.50b

2.2x

P/S Ratio

-25.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OCDO income statement (TTM)
RevenueUK£2.50b
Cost of RevenueUK£1.56b
Gross ProfitUK£935.40m
Other ExpensesUK£1.16b
Earnings-UK£223.20m

Last Reported Earnings

Nov 28, 2021

Next Earnings Date

Jul 21, 2022

Earnings per share (EPS)-0.30
Gross Margin37.44%
Net Profit Margin-8.93%
Debt/Equity Ratio76.1%

How did OCDO perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: OCDO (£7.55) is trading below our estimate of fair value (£20.51)

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


Price To Earnings Ratio

PE vs Industry: OCDO is unprofitable, so we can't compare its PE Ratio to the UK Consumer Retailing industry average.

PE vs Market: OCDO is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: OCDO is overvalued based on its PB Ratio (3.5x) compared to the GB Consumer Retailing industry average (1.2x).


Future Growth

How is Ocado Group forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


18.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OCDO is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: OCDO is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: OCDO is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: OCDO's revenue (12.4% per year) is forecast to grow faster than the UK market (4.1% per year).

High Growth Revenue: OCDO's revenue (12.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: OCDO is forecast to be unprofitable in 3 years.


Past Performance

How has Ocado Group performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-45.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: OCDO is currently unprofitable.

Growing Profit Margin: OCDO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OCDO is unprofitable, and losses have increased over the past 5 years at a rate of 45.6% per year.

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

Earnings vs Industry: OCDO is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (24.7%).


Return on Equity

High ROE: OCDO has a negative Return on Equity (-10.86%), as it is currently unprofitable.


Financial Health

How is Ocado Group's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: OCDO's short term assets (£1.9B) exceed its short term liabilities (£467.0M).

Long Term Liabilities: OCDO's short term assets (£1.9B) do not cover its long term liabilities (£2.2B).


Debt to Equity History and Analysis

Debt Level: OCDO has more cash than its total debt.

Reducing Debt: OCDO's debt to equity ratio has increased from 22.7% to 76.1% over the past 5 years.


Balance Sheet


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: OCDO has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if OCDO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Ocado Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as OCDO has not reported any payouts.


Discover strong dividend paying companies

Management

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

4.7yrs

Average management tenure


CEO

Tim Steiner (51 yo)

22.33yrs

Tenure

UK£1,968,000

Compensation

Mr. Timothy Steiner, OBE, also known as Tim, serves as the Chief Executive Officer of Ocado Group PLC. He served as the Chief Executive Officer of Ocado Retail Limited until August 2019. Mr. Steiner worked...


CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD2.45M) is about average for companies of similar size in the UK market ($USD3.27M).

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


Leadership Team

Experienced Management: OCDO's management team is considered experienced (4.7 years average tenure).


Board Members

Experienced Board: OCDO'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: OCDO insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Ocado Group plc's employee growth, exchange listings and data sources


Key Information

  • Name: Ocado Group plc
  • Ticker: OCDO
  • Exchange: LSE
  • Founded: 2000
  • Industry: Food Retail
  • Sector: Consumer Retailing
  • Implied Market Cap: UK£5.597b
  • Shares outstanding: 741.49m
  • Website: https://www.ocadogroup.com

Number of Employees


Location

  • Ocado Group plc
  • Buildings One & Two Trident Place
  • Hatfield Business Park
  • Hatfield
  • Hertfordshire
  • AL10 9UL
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/21 00:00
End of Day Share Price2022/05/20 00:00
Earnings2021/11/28
Annual Earnings2021/11/28


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.