SGX:O08

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Ossia International

Executive Summary

Ossia International Limited, an investment holding company, imports, distributes, and retails apparel, sporting goods, footwear, accessories, bags, and golf products in the Asia Pacific region. More Details


Snowflake Analysis

Excellent balance sheet and fair value.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: Insufficient data to determine O08's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine O08's volatility change over the past year.


Market Performance


7 Day Return

3.2%

O08

4.0%

SG Retail Distributors

1.3%

SG Market


1 Year Return

-10.9%

O08

-15.1%

SG Retail Distributors

-1.6%

SG Market

Return vs Industry: O08 exceeded the SG Retail Distributors industry which returned -15.1% over the past year.

Return vs Market: O08 underperformed the SG Market which returned -1.6% over the past year.


Shareholder returns

O08IndustryMarket
7 Day3.2%4.0%1.3%
30 Day5.4%0.7%2.2%
90 Day8.9%7.4%6.6%
1 Year-3.9%-10.9%-10.9%-15.1%3.5%-1.6%
3 Year85.4%44.1%-30.7%-38.5%-7.2%-18.6%
5 Year-30.7%-46.2%-33.9%-44.1%17.0%-4.4%

Long-Term 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 compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: O08 (SGD0.1) is trading below our estimate of fair value (SGD1.57)

Significantly Below Fair Value: O08 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: O08 is poor value based on its PE Ratio (9.2x) compared to the SG Retail Distributors industry average (8.7x).

PE vs Market: O08 is good value based on its PE Ratio (9.2x) compared to the SG market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate O08's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: O08 is overvalued based on its PB Ratio (0.6x) compared to the SG Retail Distributors industry average (0.5x).


Next Steps

Future Growth

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

14.2%

Forecasted Retail 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 Ossia International 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 Ossia International performed over the past 5 years?

51.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: O08 has high quality earnings.

Growing Profit Margin: O08's current net profit margins (10.9%) are lower than last year (22.8%).


Past Earnings Growth Analysis

Earnings Trend: O08 has become profitable over the past 5 years, growing earnings by 51.6% per year.

Accelerating Growth: O08's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: O08 had negative earnings growth (-50.3%) over the past year, making it difficult to compare to the Retail Distributors industry average (-33.3%).


Return on Equity

High ROE: O08's Return on Equity (6.5%) is considered low.


Next Steps

Financial Health

How is Ossia International's financial position?


Financial Position Analysis

Short Term Liabilities: O08's short term assets (SGD23.4M) exceed its short term liabilities (SGD13.0M).

Long Term Liabilities: O08's short term assets (SGD23.4M) exceed its long term liabilities (SGD1.2M).


Debt to Equity History and Analysis

Debt Level: O08's debt to equity ratio (11.3%) is considered satisfactory.

Reducing Debt: O08's debt to equity ratio has reduced from 23.4% to 11.3% over the past 5 years.

Debt Coverage: O08's debt is well covered by operating cash flow (144.8%).

Interest Coverage: Insufficient data to determine if O08's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate O08's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate O08'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 O08's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if O08's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: O08 is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of O08'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?

21.6yrs

Average board tenure


CEO

Steven Goh (55 yo)

no data

Tenure

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...


Board Members

NamePositionTenureCompensationOwnership
Ching Wah Goh
Group Executive Chairman11.67yrsno data22.76%
SGD 5.6m
Ching Huat Goh
CEO & Executive Directorno datano data22.7%
SGD 5.6m
Ching Lai Joe Goh
Executive Director30.5yrsno data29.84%
SGD 7.4m
Anthony Clifford Brown
Independent & Non-Executive Director18.83yrsno datano data
King Wong
Independent & Non-Executive Director24.42yrsno datano data
Su-Ling Heng
Independent & Non-Executive Director10.92yrsno datano data

21.6yrs

Average Tenure

61yo

Average Age

Experienced Board: O08's board of directors are seasoned and experienced ( 21.6 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.


Ownership Breakdown

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


Top Shareholders

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$24.758m
  • Shares outstanding: 252.63m
  • Website: https://www.ossia.com.sg

Location

  • Ossia International Limited
  • 51 Changi Business Park
  • Central 2
  • Singapore
  • 486066
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
O08SGX (Singapore Exchange)YesOrdinary SharesSGSGDNov 1996

Biography

Ossia International Limited, an investment holding company, imports, distributes, and retails apparel, sporting goods, footwear, accessories, bags, and golf products in the Asia Pacific region. It serves c...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/08 11:02
End of Day Share Price2021/03/05 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.