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OCN

Ocean Wilsons Holdings LSE:OCN Stock Report

Last Price

UK£8.50

Market Cap

UK£300.6m

7D

2.4%

1Y

-13.3%

Updated

04 Oct, 2022

Data

Company Financials +
OCN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends4/6

OCN Stock Overview

Ocean Wilsons Holdings Limited, an investment holding company, offers maritime and logistics services in Brazil.

Ocean Wilsons Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ocean Wilsons Holdings
Historical stock prices
Current Share PriceUK£8.50
52 Week HighUK£10.75
52 Week LowUK£7.95
Beta1.04
1 Month Change0.59%
3 Month Change-7.61%
1 Year Change-13.27%
3 Year Change-1.16%
5 Year Change-24.28%
Change since IPO1,534.62%

Recent News & Updates

Shareholder Returns

OCNGB InfrastructureGB Market
7D2.4%-0.8%-1.4%
1Y-13.3%-51.9%-14.4%

Return vs Industry: OCN exceeded the UK Infrastructure industry which returned -51.9% over the past year.

Return vs Market: OCN exceeded the UK Market which returned -14.4% over the past year.

Price Volatility

Is OCN's price volatile compared to industry and market?
OCN volatility
OCN Average Weekly Movement4.7%
Infrastructure Industry Average Movement3.5%
Market Average Movement5.5%
10% most volatile stocks in GB Market10.8%
10% least volatile stocks in GB Market2.9%

Stable Share Price: OCN is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: OCN's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a3,207n/ahttps://www.oceanwilsons.bm

Ocean Wilsons Holdings Limited, an investment holding company, offers maritime and logistics services in Brazil. The company operates in two segments, Maritime Services and Investments. The Maritime Services segment provides towage, port terminals, ship agency, offshore, logistics, and shipyard services.

Ocean Wilsons Holdings Fundamentals Summary

How do Ocean Wilsons Holdings's earnings and revenue compare to its market cap?
OCN fundamental statistics
Market CapUK£300.59m
Earnings (TTM)-UK£9.18m
Revenue (TTM)UK£365.88m

0.8x

P/S Ratio

-32.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OCN income statement (TTM)
RevenueUS$418.48m
Cost of RevenueUS$148.50m
Gross ProfitUS$269.98m
Other ExpensesUS$280.48m
Earnings-US$10.50m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.30
Gross Margin64.51%
Net Profit Margin-2.51%
Debt/Equity Ratio42.0%

How did OCN perform over the long term?

See historical performance and comparison

Dividends

7.2%

Current Dividend Yield

-236%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is OCN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for OCN?

Other financial metrics that can be useful for relative valuation.

OCN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.7x
Enterprise Value/EBITDA4.7x
PEG Ration/a

Price to Sales Ratio vs Peers

How does OCN's PS Ratio compare to its peers?

OCN PS Ratio vs Peers
The above table shows the PS ratio for OCN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.5x
FSJ James Fisher and Sons
0.3x4.1%UK£144.0m
GLPR Global Ports Investments
0.4x-19.0%US$191.1m
BMS Braemar
0.9x2.4%UK£87.3m
GPH Global Ports Holding
0.4x14.4%UK£50.0m
OCN Ocean Wilsons Holdings
0.8x5.4%UK£300.6m

Price-To-Sales vs Peers: OCN is expensive based on its Price-To-Sales Ratio (0.8x) compared to the peer average (0.5x).


Price to Earnings Ratio vs Industry

How does OCN's PE Ratio compare vs other companies in the European Infrastructure Industry?

Price-To-Sales vs Industry: OCN is good value based on its Price-To-Sales Ratio (0.8x) compared to the European Infrastructure industry average (2.5x)


Price to Sales Ratio vs Fair Ratio

What is OCN's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

OCN PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.8x
Fair PS Ratio1x

Price-To-Sales vs Fair Ratio: OCN is good value based on its Price-To-Sales Ratio (0.8x) compared to the estimated Fair Price-To-Sales Ratio (1x).


Share Price vs Fair Value

What is the Fair Price of OCN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: OCN (£8.5) is trading below our estimate of fair value (£9.61)

Significantly Below Fair Value: OCN is trading below fair value, but not by a significant amount.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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Future Growth

How is Ocean Wilsons Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


175.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OCN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).

Earnings vs Market: OCN is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: OCN is expected to become profitable in the next 3 years.

Revenue vs Market: OCN's revenue (5.4% per year) is forecast to grow faster than the UK market (4.4% per year).

High Growth Revenue: OCN's revenue (5.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


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Past Performance

How has Ocean Wilsons Holdings 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


-7.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: OCN is currently unprofitable.

Growing Profit Margin: OCN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OCN is unprofitable, and losses have increased over the past 5 years at a rate of 7.9% per year.

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

Earnings vs Industry: OCN is unprofitable, making it difficult to compare its past year earnings growth to the Infrastructure industry (76%).


Return on Equity

High ROE: OCN has a negative Return on Equity (1.41%), as it is currently unprofitable.


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Financial Health

How is Ocean Wilsons Holdings's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: OCN's short term assets ($435.2M) exceed its short term liabilities ($138.2M).

Long Term Liabilities: OCN's short term assets ($435.2M) do not cover its long term liabilities ($483.7M).


Debt to Equity History and Analysis

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

Reducing Debt: OCN's debt to equity ratio has reduced from 47.5% to 42% over the past 5 years.

Debt Coverage: OCN's debt is well covered by operating cash flow (29.1%).

Interest Coverage: OCN's interest payments on its debt are well covered by EBIT (3.7x coverage).


Balance Sheet


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Dividend

What is Ocean Wilsons Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


7.20%

Current Dividend Yield

Dividend Yield vs Market

Ocean Wilsons Holdings Dividend Yield vs Market
How does Ocean Wilsons Holdings dividend yield compare to the market?
SegmentDividend Yield
Company (Ocean Wilsons Holdings)7.2%
Market Bottom 25% (GB)2.1%
Market Top 25% (GB)6.0%
Industry Average (Infrastructure)3.1%
Analyst forecast in 3 Years (Ocean Wilsons Holdings)7.0%

Notable Dividend: OCN's dividend (7.2%) is higher than the bottom 25% of dividend payers in the UK market (2.08%).

High Dividend: OCN's dividend (7.2%) is in the top 25% of dividend payers in the UK market (6.02%)


Stability and Growth of Payments

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

Growing Dividend: OCN's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: OCN is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (82.7%), OCN's dividend payments are covered by cash flows.


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Management

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

5.4yrs

Average board tenure


CEO

Ocean Wilsons Holdings has no CEO, or we have no data on them.


Board Members

Experienced Board: OCN's board of directors are considered experienced (5.4 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.


Recent Insider Transactions

LSE:OCN Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
13 Jun 22BuyUK£77,125Andrey BerzinsIndividual8,000UK£9.65
19 May 22BuyUK£38,800Fiona BeckIndividual4,000UK£9.70
13 Apr 22BuyUK£50Leslie RansIndividual500UK£0.10
29 Nov 21BuyUK£26,970Caroline FoulgerIndividual3,000UK£8.99

Ownership Breakdown

What is the ownership structure of OCN?
Owner TypeNumber of SharesOwnership Percentage
Private Companies4,435,06412.5%
Individual Insiders4,483,88512.7%
General Public10,936,72130.9%
Institutions15,507,37043.9%

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


Top Shareholders

Top 25 shareholders own 69.07% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
26.45%
Hansa Capital Partners LLP
9,352,770$79.5m0%64.81%
12.54%
Victualia Limited Partnership
4,435,064$37.7m0%no data
11.42%
Christopher Townsend
4,040,000$34.3m0%no data
4.99%
Dynamo Internacional Gestão de Recursos Ltda.
1,766,129$15.0m-21.26%0.82%
4.59%
ICM Limited
1,623,000$13.8m0%2.21%
2.27%
Unicorn Asset Management Limited
803,543$6.8m0%0.8%
1.62%
Yacktman Asset Management LP
574,000$4.9m-6.06%0.05%
1.13%
Chelverton Asset Management Limited
400,000$3.4m0%0.21%
1.11%
Menhaden Capital Management LLP
391,421$3.3m0%3.59%
0.63%
William Salomon
224,285$1.9m0%no data
0.54%
River and Mercantile Asset Management LLP
191,348$1.6m0%0.1%
0.51%
Jose Francisco Vieira
179,100$1.5m0%no data
0.27%
Dynamo Administração de Recursos LTDA
95,290$810.0k0%0.05%
0.25%
Teviot Partners LLP
87,092$740.3k0%0.59%
0.24%
The Vanguard Group, Inc.
84,870$721.4k-0.76%no data
0.16%
Ninety One UK Limited
58,250$495.1k0%no data
0.13%
Legal & General Investment Management Limited
45,451$386.3k444.65%no data
0.042%
8AM Global LLP
15,000$127.5k0%0.45%
0.042%
Caroline Foulger
15,000$127.5k0%no data
0.037%
Andrey Berzins
13,000$110.5k160%no data
0.035%
Atlanticomnium Sa
12,400$105.4k0%3.28%
0.034%
Fiona Beck
12,000$102.0k50%no data
0.014%
Aviva Investors Global Services Limited
5,004$42.5k0%no data
0.0051%
Lazard Asset Management LLC
1,802$15.3k0%no data
0.0014%
Leslie Rans
500$4.3k0%no data

Company Information

Ocean Wilsons Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Ocean Wilsons Holdings Limited
  • Ticker: OCN
  • Exchange: LSE
  • Founded: NaN
  • Industry: Marine Ports and Services
  • Sector: Transportation
  • Implied Market Cap: UK£300.586m
  • Shares outstanding: 35.36m
  • Website: https://www.oceanwilsons.bm

Number of Employees


Location

  • Ocean Wilsons Holdings Limited
  • Clarendon House
  • 2 Church Street
  • Hamilton
  • HM 11
  • Bermuda


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OCNLSE (London Stock Exchange)YesOrdinary SharesGBGBPJul 1992

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/04 00:00
End of Day Share Price2022/10/04 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.