OCNCASH Stock Overview
Oceancash Pacific Berhad, an investment holding company, manufactures and trades in non-woven products in Malaysia, Indonesia, Japan, Thailand, and internationally.
Oceancash Pacific Berhad Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||RM0.34|
|52 Week High||RM0.53|
|52 Week Low||RM0.33|
|1 Month Change||-4.23%|
|3 Month Change||-10.53%|
|1 Year Change||-35.24%|
|3 Year Change||-20.93%|
|5 Year Change||-51.74%|
|Change since IPO||52.65%|
Recent News & Updates
Oceancash Pacific Berhad (KLSE:OCNCASH) Could Easily Take On More Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
There Are Reasons To Feel Uneasy About Oceancash Pacific Berhad's (KLSE:OCNCASH) Returns On Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
|OCNCASH||MY Luxury||MY Market|
Return vs Industry: OCNCASH underperformed the MY Luxury industry which returned -28.7% over the past year.
Return vs Market: OCNCASH underperformed the MY Market which returned -1.6% over the past year.
|OCNCASH Average Weekly Movement||4.3%|
|Luxury Industry Average Movement||10.1%|
|Market Average Movement||5.9%|
|10% most volatile stocks in MY Market||11.8%|
|10% least volatile stocks in MY Market||3.1%|
Stable Share Price: OCNCASH is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: OCNCASH's weekly volatility (4%) has been stable over the past year.
About the Company
Oceancash Pacific Berhad, an investment holding company, manufactures and trades in non-woven products in Malaysia, Indonesia, Japan, Thailand, and internationally. The company operates through two segments, Insulation and Hygiene. It manufactures, distributes, and trades in resinated and thermoplastic felts for interior and exterior trims in automobiles and air conditioning compressors, as well as insulation in buildings, including roofs, ceilings, walls, and partitions.
Oceancash Pacific Berhad Fundamentals Summary
|OCNCASH fundamental statistics|
Is OCNCASH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|OCNCASH income statement (TTM)|
|Cost of Revenue||RM62.15m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.02|
|Net Profit Margin||7.04%|
How did OCNCASH perform over the long term?See historical performance and comparison
2.4%Current Dividend Yield
Is Oceancash Pacific Berhad undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: OCNCASH (MYR0.34) is trading above our estimate of fair value (MYR0.16)
Significantly Below Fair Value: OCNCASH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: OCNCASH is poor value based on its PE Ratio (16.9x) compared to the MY Luxury industry average (11.3x).
PE vs Market: OCNCASH is poor value based on its PE Ratio (16.9x) compared to the MY market (15.4x).
Price to Earnings Growth Ratio
PEG Ratio: OCNCASH is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: OCNCASH is good value based on its PB Ratio (0.8x) compared to the MY Luxury industry average (1x).
How is Oceancash Pacific Berhad forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OCNCASH's forecast earnings growth (19.1% per year) is above the savings rate (3.6%).
Earnings vs Market: OCNCASH's earnings (19.1% per year) are forecast to grow faster than the MY market (10.9% per year).
High Growth Earnings: OCNCASH's earnings are forecast to grow, but not significantly.
Revenue vs Market: OCNCASH's revenue (11.2% per year) is forecast to grow faster than the MY market (6.7% per year).
High Growth Revenue: OCNCASH's revenue (11.2% 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 OCNCASH's Return on Equity is forecast to be high in 3 years time
How has Oceancash Pacific Berhad performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OCNCASH has high quality earnings.
Growing Profit Margin: OCNCASH's current net profit margins (7%) are higher than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: OCNCASH's earnings have declined by 20% per year over the past 5 years.
Accelerating Growth: OCNCASH's earnings growth over the past year (21.6%) exceeds its 5-year average (-20% per year).
Earnings vs Industry: OCNCASH earnings growth over the past year (21.6%) exceeded the Luxury industry 8.2%.
Return on Equity
High ROE: OCNCASH's Return on Equity (4.7%) is considered low.
How is Oceancash Pacific Berhad's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: OCNCASH's short term assets (MYR59.1M) exceed its short term liabilities (MYR15.7M).
Long Term Liabilities: OCNCASH's short term assets (MYR59.1M) exceed its long term liabilities (MYR10.1M).
Debt to Equity History and Analysis
Debt Level: OCNCASH has more cash than its total debt.
Reducing Debt: OCNCASH's debt to equity ratio has reduced from 27.2% to 11.4% over the past 5 years.
Debt Coverage: OCNCASH's debt is well covered by operating cash flow (66.7%).
Interest Coverage: OCNCASH's interest payments on its debt are well covered by EBIT (17.2x coverage).
What is Oceancash Pacific Berhad current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OCNCASH's dividend (2.35%) is higher than the bottom 25% of dividend payers in the MY market (1.86%).
High Dividend: OCNCASH's dividend (2.35%) is low compared to the top 25% of dividend payers in the MY market (4.6%).
Stability and Growth of Payments
Stable Dividend: OCNCASH's dividend payments have been volatile in the past 10 years.
Growing Dividend: OCNCASH's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.8%), OCNCASH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26%), OCNCASH's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Siew Tan (69 yo)
Mr. Siew Chin Tan serves as the Managing Director, Chief Executive Officer and Executive Chairman of Oceancash Pacific Bhd. Mr. Tan joined Supreme Finance (M) Bhd in 1979. In 1982, he moved to a group of p...
CEO Compensation Analysis
Compensation vs Market: Siew's total compensation ($USD7.25K) is below average for companies of similar size in the MY market ($USD125.76K).
Compensation vs Earnings: Siew's compensation has increased by more than 20% in the past year.
Experienced Management: OCNCASH's management team is seasoned and experienced (13 years average tenure).
Experienced Board: OCNCASH's board of directors are considered experienced (4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Oceancash Pacific Berhad's employee growth, exchange listings and data sources
- Name: Oceancash Pacific Berhad
- Ticker: OCNCASH
- Exchange: KLSE
- Founded: 1997
- Industry: Textiles
- Sector: Consumer Durables
- Implied Market Cap: RM88.672m
- Shares outstanding: 260.80m
- Website: https://oceancash.com
- Oceancash Pacific Berhad
- Lot 73, Jalan P10/21
- Taman Industri Selaman
- Bandar Baru Bangi
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/22 00:00|
|End of Day Share Price||2022/05/20 00:00|
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.