SGX:O08

Stock Analysis Report

Ossia International

Executive Summary

Ossia International Limited, an investment holding company, markets, distributes, imports, and retails fashion and sports apparel, sporting goods, footwear, accessories, bags, and golf equipment in Singapore, Malaysia, Taiwan, and Hong Kong.

Snowflake

Fundamentals

Adequate balance sheet second-rate dividend payer.

Risks

  • Ossia International has significant price volatility in the past 3 months.
  • Ossia International is not covered by any analysts.

Share Price & News

How has Ossia International's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-6.1%

SGX:O08

4.2%

SG Retail Distributors

1.4%

SG Market


1 Year Return

9.5%

SGX:O08

9.4%

SG Retail Distributors

-4.0%

SG Market

O08 matched the Retail Distributors industry (9.4%) over the past year.

O08 outperformed the Market in Singapore which returned -4% over the past year.


Share holder returns

O08IndustryMarket
7 Day-6.1%4.2%1.4%
30 Day-20.0%9.6%0.9%
90 Day-13.2%9.5%0.2%
1 Year22.7%9.5%13.3%9.4%-0.07%-4.0%
3 Year-40.8%-47.1%23.3%12.5%24.6%11.2%
5 Year-64.5%-68.3%-1.4%-17.2%12.2%-6.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Ossia International undervalued based on future cash flows and its price relative to the stock market?

5.94x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Ossia International's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Ossia International's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Ossia International is good value based on earnings compared to the SG Retail Distributors industry average.

Ossia International is good value based on earnings compared to the Singapore market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Ossia International, we can't assess if its growth is good value.


Price Based on Value of Assets

Ossia International is overvalued based on assets compared to the SG Retail Distributors industry average.


Next Steps

Future Growth

How is Ossia International expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-2.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Ossia International is high growth as no revenue estimate data is available.

Ossia International's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Ossia International's revenue growth to the Singapore market average as no estimate data is available.

Ossia International's earnings are expected to decrease over the next 1-3 years, this is below the Singapore market average.

Ossia International's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.3%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Ossia International will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Ossia International performed over the past 5 years?

77.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Ossia International has delivered over 20% year on year earnings growth in the past 5 years.

Ossia International's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Ossia International's 1-year earnings growth is negative, it can't be compared to the SG Retail Distributors industry average.


Return on Equity

Ossia International has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Ossia International used its assets more efficiently than the SG Retail Distributors industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Ossia International improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Ossia International's financial position?


Financial Position Analysis

Ossia International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Ossia International's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Ossia International's level of debt (18.4%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (18.7% vs 18.4% today).

Debt is not well covered by operating cash flow (17.6%, less than 20% of total debt).

Unable to confirm if the interest payments on Ossia International's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 3.3x debt.


Next Steps

Dividend

What is Ossia International's current dividend yield, its reliability and sustainability?

8.37%

Current Dividend Yield


Dividend Yield and Payments Analysis

Ossia International's pays a higher dividend yield than the bottom 25% of dividend payers in Singapore (2.62%).

Ossia International's dividend is above the markets top 25% of dividend payers in Singapore (5.65%).

Ossia International has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Dividend payments have increased, but Ossia International only paid a dividend in the past 8 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Ossia International's salary, the management and board of directors tenure and is there insider trading?

18.4yrs

Average management tenure


CEO

Steven Goh (53yo)

Mr. Ching Huat Goh, also known as Steven, is Co-Founder of VGO Corporation Limited and serves as its Chief Executive Officer. Mr. Goh serves as Chief Executive Officer of Ossia International Limited. Mr. G ...


Management Age and Tenure

18.4yrs

Average Tenure

56yo

Average Age

The average tenure for the Ossia International management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

19.9yrs

Average Tenure

59yo

Average Age

The average tenure for the Ossia International board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month insider trading information.


Ownership Breakdown


Management Team

  • George Goh (59yo)

    Group Executive Chairman

  • Bee Fong Lee

    Company Secretary

    • Tenure: 12.9yrs
  • Chris Lim (56yo)

    Executive Director of Alstyle International (M) Sdn Bhd

    • Tenure: 23.4yrs
  • Simon Wong (65yo)

    Managing Director of Ossia (HK) Company Limited

  • Alan Hsu (50yo)

    Managing Director of Great Alps Industry Taiwan Co Ltd

    • Tenure: 18.4yrs
  • Tammy Tam (41yo)

    Corporate Finance Manager

  • Emily Chan

    Senior Accountant

  • Lotus Isabella Lim

    Company Secretary

  • Steven Goh (53yo)

    CEO & Executive Director

  • Joe Goh (59yo)

    Executive Director


Board Members

  • Anthony Clifford Brown (78yo)

    Independent & Non-Executive Director

    • Tenure: 17.1yrs
  • Steven Goh (53yo)

    CEO & Executive Director

    • Tenure: 28.8yrs
  • Joe Goh (59yo)

    Executive Director

    • Tenure: 28.8yrs
  • King Kheng Wong (64yo)

    Independent & Non-Executive Director

    • Tenure: 22.7yrs
  • George Goh (59yo)

    Group Executive Chairman

    • Tenure: 9.9yrs
  • Mae Heng (48yo)

    Independent & Non-Executive Director

    • Tenure: 9.2yrs

Company Information

Ossia International Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ossia International Limited
  • Ticker: O08
  • Exchange: SGX
  • Founded: 1982
  • Industry: distributors
  • Sector: retail
  • Market Cap: S$23.242m
  • Shares outstanding: 252.63m
  • Website: Click here

Location

  • Ossia International Limited
  • No. 07-01 Ossia Building
  • 10 Changi South Lane
  • Singapore
  • 486162
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
O08SGX (Singapore Exchange)YesOrdinary SharesSGSGDJan 1970

Biography

Ossia International Limited, an investment holding company, markets, distributes, imports, and retails fashion and sports apparel, sporting goods, footwear, accessories, bags, and golf equipment in Singapo ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/16 12:40
End of Day Share Price2019/06/14 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.