SGX:579

Stock Analysis Report

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Executive Summary

Oceanus Group Limited, an investment holding company, engages in the cultivation and sale of abalone and other products in Singapore and the People’s Republic of China. More Details


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Oceanus Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 579's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

579

0.6%

SG Food

-0.4%

SG Market


1 Year Return

133.3%

579

4.7%

SG Food

-21.3%

SG Market

Return vs Industry: 579 exceeded the SG Food industry which returned 4.4% over the past year.

Return vs Market: 579 exceeded the SG Market which returned -21.7% over the past year.


Shareholder returns

579IndustryMarket
7 Day0%0.6%-0.4%
30 Day16.7%-1.5%-2.7%
90 Day0%4.0%-3.8%
1 Year133.3%133.3%8.2%4.7%-17.1%-21.3%
3 Year-12.5%-12.5%7.0%-2.1%-18.9%-28.7%
5 Year-12.5%-12.5%24.5%9.1%-2.0%-19.9%

Price Volatility Vs. Market

How volatile is Oceanus Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

7.69x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 579's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 579's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 579 is unprofitable, so we can't compare its PE Ratio to the SG Food industry average.

PE vs Market: 579 is unprofitable, so we can't compare its PE Ratio to the SG market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 579's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 579 is overvalued based on its PB Ratio (7.7x) compared to the SG Food industry average (0.8x).


Next Steps

Future Growth

How is Oceanus Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.0%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Oceanus Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Oceanus Group performed over the past 5 years?

56.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 579 is currently unprofitable.

Growing Profit Margin: 579 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 579 is unprofitable, but has reduced losses over the past 5 years at a rate of 56.7% per year.

Accelerating Growth: Unable to compare 579's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 579 is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (10.4%).


Return on Equity

High ROE: 579 has a negative Return on Equity (-8.58%), as it is currently unprofitable.


Next Steps

Financial Health

How is Oceanus Group's financial position?


Financial Position Analysis

Short Term Liabilities: 579's short term assets (CN¥137.1M) exceed its short term liabilities (CN¥93.3M).

Long Term Liabilities: 579's short term assets (CN¥137.1M) exceed its long term liabilities (CN¥29.2M).


Debt to Equity History and Analysis

Debt Level: 579's debt to equity ratio (25.7%) is considered satisfactory.

Reducing Debt: 579 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


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: Insufficient data to determine if 579 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 579 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 579's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 579'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 579's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 579's dividend payments have been increasing.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 579's dividend in 3 years as they are not forecast to pay a notable one for the SG market.


Next Steps

Management

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

3.5yrs

Average management tenure


CEO

Peter Koh (55 yo)

5.75yrs

Tenure

Mr. Heng Kang Koh, also known as Peter, PBM, has been the Chief Executive Officer and Executive Director of Oceanus Group Limited since December 4, 2014 and served as its Independent Director since October ...


Leadership Team

NamePositionTenureCompensationOwnership
Heng Kang Koh
CEO & Executive Director5.75yrsno data10.23%
CN¥ 17.4m
Jun How Ho
Chief Financial Officer2.5yrsno datano data
Kim Tan
Chief Executive Officer of Oceanus Tech Pte Ltd.2.67yrsno datano data
May Tan
Financial Controller3.58yrsno datano data
Kuo Wei Lam
Company Secretary3.5yrsno datano data
Si Yuan Leh
Company Secretaryno datano datano data

3.5yrs

Average Tenure

55yo

Average Age

Experienced Management: 579's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Heng Kang Koh
CEO & Executive Director5.75yrsno data10.23%
CN¥ 17.4m
Chee Kim Loy
Independent Non-Executive Director2.33yrsno datano data
Chua Eugen
Independent Non-Executive Director0.92yrno data0.012%
CN¥ 21.0k
Zahidi Bin Abd Rahman
Independent Non-Executive Director0.25yrno datano data
Yaacob Bin Ibrahim
Independent Non-Executive Directorno datano datano data

1.6yrs

Average Tenure

57yo

Average Age

Experienced Board: 579's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 579 insiders have only sold shares 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

Oceanus Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Oceanus Group Limited
  • Ticker: 579
  • Exchange: SGX
  • Founded: 1998
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: S$170.078m
  • Shares outstanding: 24.30b
  • Website: https://www.oceanus.com.sg

Location

  • Oceanus Group Limited
  • No. 11-03/04, Food Empire Building
  • 31 Harrison Road
  • Singapore
  • 369649
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
579SGX (Singapore Exchange)YesOrdinary SharesSGSGDMay 2008

Biography

Oceanus Group Limited, an investment holding company, engages in the cultivation and sale of abalone and other products in Singapore and the People’s Republic of China. The company operates through Live Ma ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/28 12:39
End of Day Share Price2020/09/28 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.