SGX:O08

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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, good value and pays a dividend.

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: O08's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

O08

3.8%

SG Retail Distributors

-1.3%

SG Market


1 Year Return

1.8%

O08

-37.4%

SG Retail Distributors

-21.4%

SG Market

Return vs Industry: O08 exceeded the SG Retail Distributors industry which returned -37.6% over the past year.

Return vs Market: O08 exceeded the SG Market which returned -21.4% over the past year.


Shareholder returns

O08IndustryMarket
7 Day0%3.8%-1.3%
30 Day-6.7%2.3%0.9%
90 Day49.3%-7.6%-3.4%
1 Year15.3%1.8%-34.3%-37.4%-17.1%-21.4%
3 Year58.3%23.1%-46.3%-52.3%-19.9%-29.6%
5 Year-33.0%-47.9%-31.1%-41.8%-6.4%-23.4%

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?

44.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: O08 (SGD0.11) is trading below our estimate of fair value (SGD0.2)

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


Price To Earnings Ratio

PE vs Industry: O08 is good value based on its PE Ratio (5.6x) compared to the SG Retail Distributors industry average (7.8x).

PE vs Market: O08 is good value based on its PE Ratio (5.6x) compared to the SG market (13.1x).


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 (0.7x) compared to the SG Retail Distributors industry average (0.4x).


Next Steps

Future Growth

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

7.9%

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?

63.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: O08 has a large one-off gain of SGD1.7M impacting its March 31 2020 financial results.

Growing Profit Margin: O08's current net profit margins (19.8%) are higher than last year (15.9%).


Past Earnings Growth Analysis

Earnings Trend: O08 has become profitable over the past 5 years, growing earnings by 63.1% per year.

Accelerating Growth: O08's earnings growth over the past year (32.5%) is below its 5-year average (63.1% per year).

Earnings vs Industry: O08 earnings growth over the past year (32.5%) exceeded the Retail Distributors industry 12.1%.


Return on Equity

High ROE: O08's Return on Equity (11.8%) 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 (SGD22.5M) exceed its short term liabilities (SGD10.1M).

Long Term Liabilities: O08's short term assets (SGD22.5M) exceed its long term liabilities (SGD554.0K).


Debt to Equity History and Analysis

Debt Level: O08's debt to equity ratio (13.4%) is considered satisfactory.

Reducing Debt: O08's debt to equity ratio has reduced from 19.5% to 13.4% over the past 5 years.

Debt Coverage: O08's debt is well covered by operating cash flow (26.7%).

Interest Coverage: O08's interest payments on its debt are not well covered by EBIT (0.5x coverage).


Balance Sheet


Next Steps

Dividend

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

12.50%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: O08's dividend (12.5%) is higher than the bottom 25% of dividend payers in the SG market (2.44%).

High Dividend: O08's dividend (12.5%) is in the top 25% of dividend payers in the SG market (5.36%)


Stability and Growth of Payments

Stable Dividend: O08's dividend payments have been volatile in the past 10 years.

Growing Dividend: O08's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (70%), O08's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

21.2yrs

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 Chairman11.25yrsno data22.76%
SGD 6.4m
Ching Huat Goh
CEO & Executive Directorno datano data22.7%
SGD 6.4m
Ching Lai Joe Goh
Executive Director30.08yrsno data29.84%
SGD 8.4m
Anthony Clifford Brown
Independent & Non-Executive Director18.42yrsno datano data
King Wong
Independent & Non-Executive Director24yrsno datano data
Su-Ling Heng
Independent & Non-Executive Director10.5yrsno datano data

21.2yrs

Average Tenure

61yo

Average Age

Experienced Board: O08's board of directors are seasoned and experienced ( 21.2 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.


Recent Insider Transactions

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$28.295m
  • 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 Analysis2020/10/21 12:52
End of Day Share Price2020/10/14 00:00
Earnings2020/03/31
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.