Olam Group (SGX:VC2) - Stock Price, News & Analysis

VC2 Stock Overview

Engages in the sourcing, processing, packaging, and merchandising of agricultural products worldwide.

VC2 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	4/6
Financial Health	2/6
Dividends	2/6

Rewards

Trading at 27.1% below our estimate of its fair value

Earnings grew by 20.8% over the past year

Risk Analysis

Dividend of 6.31% is not well covered by earnings or free cash flows

Interest payments are not well covered by earnings

High level of non-cash earnings

Olam Group Limited Competitors

DFI Retail Group Holdings

SGX:D01

US$2.6b

Sheng Siong Group

SGX:OV8

S$2.3b

Hosen Group

Catalist:5EV

S$12.7m

Metcash

ASX:MTS

AU$3.9b

Price History & Performance

Summary of all time highs, changes and price drops for Olam Group
Historical stock prices
Current Share Price	S$1.11
52 Week High	S$1.29
52 Week Low	S$0.80
Beta	0.73
11 Month Change	-3.48%
3 Month Change	2.78%
1 Year Change	-10.48%
33 Year Change	-27.92%
5 Year Change	-40.32%
Change since IPO	32.14%

Olam Group's (SGX:VC2) Solid Earnings May Rest On Weak Foundations

Aug 19

Olam Group Limited's (SGX:VC2) Popularity With Investors Is Under Threat From Overpricing

Aug 12

Recent updates

Olam Group's (SGX:VC2) Solid Earnings May Rest On Weak Foundations

Aug 19

Olam Group Limited's (SGX:VC2) Popularity With Investors Is Under Threat From Overpricing

Aug 12

There's Been No Shortage Of Growth Recently For Olam Group's (SGX:VC2) Returns On Capital

Jan 17

Olam Group (SGX:VC2) Use Of Debt Could Be Considered Risky

Dec 12

Returns At Olam Group (SGX:VC2) Are On The Way Up

Oct 06

These 4 Measures Indicate That Olam Group (SGX:VC2) Is Using Debt In A Risky Way

Sep 10

Olam Group (SGX:VC2) Is Reducing Its Dividend To SGD0.03

Aug 14

There's Been No Shortage Of Growth Recently For Olam Group's (SGX:VC2) Returns On Capital

Jun 26

Does Olam Group (SGX:VC2) Have A Healthy Balance Sheet?

Jun 05

Investors Will Want Olam Group's (SGX:VC2) Growth In ROCE To Persist

Mar 17

Calculating The Intrinsic Value Of Olam Group Limited (SGX:VC2)

Jan 02

The Return Trends At Olam Group (SGX:VC2) Look Promising

Nov 24

Olam Group (SGX:VC2) Use Of Debt Could Be Considered Risky

Sep 22

Olam Group (SGX:VC2) Is Due To Pay A Dividend Of SGD0.04

Aug 17

Olam Group (SGX:VC2) Might Have The Makings Of A Multi-Bagger

Aug 09

Does Olam Group (SGX:VC2) Deserve A Spot On Your Watchlist?

Jul 13

Is Olam Group (SGX:VC2) Using Too Much Debt?

Jun 13

The Return Trends At Olam Group (SGX:VC2) Look Promising

Apr 06

Here's Why I Think Olam Group (SGX:VC2) Might Deserve Your Attention Today

Mar 23

Does Olam International (SGX:O32) Have A Healthy Balance Sheet?

Mar 09

A Look At The Intrinsic Value Of Olam International Limited (SGX:O32)

Jan 10

A Look At The Fair Value Of Olam International Limited (SGX:O32)

Oct 03

Olam International (SGX:O32) Will Pay A Larger Dividend Than Last Year At S$0.04

Aug 18

Olam International (SGX:O32) Has Some Way To Go To Become A Multi-Bagger

Jun 03

Estimating The Intrinsic Value Of Olam International Limited (SGX:O32)

Apr 13

Is Olam International (SGX:O32) Using Too Much Debt?

Mar 30

Shareholder Returns

	VC2	SG Consumer Retailing	SG Market
7D	-3.5%	-0.8%	1.6%
1Y	-10.5%	-11.9%	2.9%

Return vs Industry: VC2 exceeded the SG Consumer Retailing industry which returned -12.2% over the past year.

Return vs Market: VC2 underperformed the SG Market which returned 2.9% over the past year.

Price Volatility

Is VC2's price volatile compared to industry and market?
VC2 volatility
VC2 Average Weekly Movement	4.9%
Consumer Retailing Industry Average Movement	4.9%
Market Average Movement	4.9%
10% most volatile stocks in SG Market	14.2%
10% least volatile stocks in SG Market	2.4%

Stable Share Price: VC2 has not had significant price volatility in the past 3 months.

Volatility Over Time: VC2's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1989	39,000	Sunny George Verghese	www.olamgroup.com

Olam Group Limited engages in the sourcing, processing, packaging, and merchandising of agricultural products worldwide. It operates through Olam Food Ingredients, Olam Agri, and Remaining Olam Group segments. The company offers cocoa, coffee, dairy, nuts, and spices; grains and oilseeds, feed and proteins, edible oils, rice, specialty grains and seeds, cotton, rubber, animal feed and protein, poultry breeding, wood products, and commodity financial services.

Olam Group Limited Fundamentals Summary

How do Olam Group's earnings and revenue compare to its market cap?
VC2 fundamental statistics
Market cap	S$4.21b
Earnings (TTM)	S$246.21m
Revenue (TTM)	S$50.64b

17.1x

P/E Ratio

0.1x

P/S Ratio

Is VC2 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VC2 income statement (TTM)
Revenue	S$50.64b
Cost of Revenue	S$45.70b
Gross Profit	S$4.94b
Other Expenses	S$4.69b
Earnings	S$246.21m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.065
Gross Margin	9.76%
Net Profit Margin	0.49%
Debt/Equity Ratio	286.0%

How did VC2 perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

108%

Payout Ratio

VC2 Stock Overview

Rewards

Risk Analysis

Olam Group Limited Competitors

SGX:D01

US$2.6b

SGX:OV8

S$2.3b

Catalist:5EV

S$12.7m

ASX:MTS

AU$3.9b

Price History & Performance

Recent News & Updates

Olam Group's (SGX:VC2) Solid Earnings May Rest On Weak Foundations

First half 2024 earnings released: EPS: S$0.008 (vs S$0.008 in 1H 2023)

First half dividend of S$0.03 announced

New major risk - Earnings quality

Now 25% undervalued after recent price drop

Olam Group Limited's (SGX:VC2) Popularity With Investors Is Under Threat From Overpricing

Recent updates

Olam Group's (SGX:VC2) Solid Earnings May Rest On Weak Foundations

First half 2024 earnings released: EPS: S$0.008 (vs S$0.008 in 1H 2023)

First half dividend of S$0.03 announced

New major risk - Earnings quality

Now 25% undervalued after recent price drop

Olam Group Limited's (SGX:VC2) Popularity With Investors Is Under Threat From Overpricing

Olam Group Limited to Report First Half, 2024 Results on Aug 14, 2024

Now 18% undervalued

Now 21% undervalued

Investors Will Want Olam Group's (SGX:VC2) Growth In ROCE To Persist

Now 21% undervalued

Olam Group Limited Approves Second and Final Tax Exempt (One-Tier) Dividend for the Full Year Ended 31 December 2023, Payable on 13 May 2024

Olam Group's (SGX:VC2) Dividend Will Be SGD0.04

Olam Group Limited Proposes Second and Final Dividend Tax Exempt (One-Tier) for the Financial Year Ended 31 December 2023

Full year 2023 earnings released: EPS: S$0.065 (vs S$0.16 in FY 2022)

Olam Group Limited, Annual General Meeting, Apr 25, 2024

Now 21% undervalued

What Olam Group Limited's (SGX:VC2) P/E Is Not Telling You

Olam Group (SGX:VC2) Has Announced A Dividend Of SGD0.04

Insufficient new directors

Olam Group Limited Announces Board Changes

Final dividend of S$0.04 announced

Full year 2023 earnings released

New minor risk - Financial data availability

Olam Group Limited to Report Second Half, 2023 Results on Feb 28, 2024

There's Been No Shortage Of Growth Recently For Olam Group's (SGX:VC2) Returns On Capital

Olam Group Limited Announces Update on Changes to the Board Committees, with Effect from 1 January 2024

Olam Group (SGX:VC2) Use Of Debt Could Be Considered Risky

Investor sentiment improves as stock rises 23%

Returns At Olam Group (SGX:VC2) Are On The Way Up

Investor sentiment deteriorates as stock falls 16%

These 4 Measures Indicate That Olam Group (SGX:VC2) Is Using Debt In A Risky Way

Olam Group (SGX:VC2) Is Reducing Its Dividend To SGD0.03

New major risk - Dividend sustainability

First half 2023 earnings released: EPS: S$0.008 (vs S$0.11 in 1H 2022)

Olam Group Limited Declares One-Tier Tax Exempt Interim Dividend for the Period Ended 30 June 2023, Payable on 28 August 2023

Olam Group Limited Provides Group Earnings Guidance for the First Half Ended 30 June 2023

There's Been No Shortage Of Growth Recently For Olam Group's (SGX:VC2) Returns On Capital

Insufficient new directors

Does Olam Group (SGX:VC2) Have A Healthy Balance Sheet?

Olam Group Limited Approves Second and Final Dividend Tax Exempt (One-Tier) for the Financial Year Ended 31 December 2022, Payable on 10 May 2023

Olam Group Limited Announce Board Changes

Upcoming dividend of S$0.045 per share at 5.3% yield

Full year 2022 earnings released: EPS: S$0.16 (vs S$0.18 in FY 2021)

Investors Will Want Olam Group's (SGX:VC2) Growth In ROCE To Persist

Full year 2022 earnings released

Africa Transformation and Industrialization Fund, a fund managed by Arise Group acquired an unknown stake in ARISE Integrated Industrial Platforms from Olam International Limited (SGX:O32).

Calculating The Intrinsic Value Of Olam Group Limited (SGX:VC2)

The Return Trends At Olam Group (SGX:VC2) Look Promising

Insufficient new directors

Olam Group Limited Announces Cessation of Sanjiv Misra as Non-Executive and Independent Director Chair, Capital and Investment Committee Member, Board Risk Committee and Nomination & Remuneration Committee

Insufficient new directors

Insufficient new directors

Olam Group (SGX:VC2) Use Of Debt Could Be Considered Risky

Now 20% undervalued after recent price drop

Olam Group (SGX:VC2) Is Due To Pay A Dividend Of SGD0.04

Now 21% undervalued

Olam Group (SGX:VC2) Might Have The Makings Of A Multi-Bagger

Olam Group Limited to Report Q4, 2022 Results on Aug 12, 2022