Pan Ocean Co., Ltd., together with its subsidiaries, provides marine transportation and other related services worldwide. More Details
Acceptable track record with mediocre balance sheet.
Share Price & News
How has Pan Ocean's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AZY has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AZY underperformed the SG Shipping industry which returned 3.7% over the past year.
Return vs Market: AZY underperformed the SG Market which returned -21.9% over the past year.
Price Volatility Vs. Market
How volatile is Pan Ocean's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Pan Ocean undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AZY (SGD3.99) is trading below our estimate of fair value (SGD8.15)
Significantly Below Fair Value: AZY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AZY is poor value based on its PE Ratio (14.5x) compared to the SG Shipping industry average (7.3x).
PE vs Market: AZY is poor value based on its PE Ratio (14.5x) compared to the SG market (13.2x).
Price to Earnings Growth Ratio
PEG Ratio: AZY is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: AZY is overvalued based on its PB Ratio (0.7x) compared to the SG Shipping industry average (0.6x).
How is Pan Ocean forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AZY's forecast earnings growth (14.5% per year) is above the savings rate (2.2%).
Earnings vs Market: AZY's earnings (14.5% per year) are forecast to grow slower than the SG market (22.1% per year).
High Growth Earnings: AZY's earnings are forecast to grow, but not significantly.
Revenue vs Market: AZY's revenue (9.7% per year) is forecast to grow faster than the SG market (6.7% per year).
High Growth Revenue: AZY's revenue (9.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AZY's Return on Equity is forecast to be low in 3 years time (6.1%).
How has Pan Ocean performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AZY has high quality earnings.
Growing Profit Margin: AZY's current net profit margins (5.8%) are higher than last year (5.6%).
Past Earnings Growth Analysis
Earnings Trend: AZY has become profitable over the past 5 years, growing earnings by -2.4% per year.
Accelerating Growth: AZY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AZY had negative earnings growth (-3.6%) over the past year, making it difficult to compare to the Shipping industry average (-10.6%).
Return on Equity
High ROE: AZY's Return on Equity (4.8%) is considered low.
How is Pan Ocean's financial position?
Financial Position Analysis
Short Term Liabilities: AZY's short term assets ($591.9M) exceed its short term liabilities ($571.9M).
Long Term Liabilities: AZY's short term assets ($591.9M) do not cover its long term liabilities ($881.8M).
Debt to Equity History and Analysis
Debt Level: AZY's debt to equity ratio (44.9%) is considered high.
Reducing Debt: AZY's debt to equity ratio has increased from 16.5% to 44.9% over the past 5 years.
Debt Coverage: AZY's debt is well covered by operating cash flow (34.6%).
Interest Coverage: AZY's interest payments on its debt are well covered by EBIT (5.2x coverage).
What is Pan Ocean current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AZY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AZY'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 AZY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AZY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AZY is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AZY's dividend in 3 years as they are not forecast to pay a notable one for the SG market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Hong-Kuk Kim (63 yo)
Mr. Hong Kuk Kim serves as the Chairman and Chief Executive Officer of Halim & Co., Ltd. Mr. Kim serves as the Chief Executive Officer of SunJin Holdings Co.,Ltd. and Harim Holdings Co.,Ltd. He serves as C ...
|Chairman & CEO||5.25yrs||no data||0.00040% |
|CEO & Director||0.58yr||no data||0.00096% |
|Head of Ethical Management Department & Executive Director||no data||no data||0.00044% |
|Independent Director||5.25yrs||no data||no data|
|Independent Director||5.83yrs||no data||no data|
|Independent Director||2.58yrs||no data||0.0014% |
|Independent Director||1.58yrs||no data||no data|
Experienced Board: AZY's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Pan Ocean Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Pan Ocean Co., Ltd.
- Ticker: AZY
- Exchange: SGX
- Founded: 1966
- Industry: Marine
- Sector: Transportation
- Market Cap: ₩1.999t
- Listing Market Cap: ₩2.404b
- Shares outstanding: 534.57m
- Website: https://www.panocean.com
- Pan Ocean Co., Ltd.
- Tower 8
- 7, Jong-ro 5-gil
- South Korea
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AZY||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||SGD||Jul 2005|
|A028670||KOSE (Korea Stock Exchange)||Yes||Ordinary Shares||KR||KRW||Jul 2005|
Pan Ocean Co., Ltd., together with its subsidiaries, provides marine transportation and other related services worldwide. It operates through four segments: Bulk Carrier Service, Container Service, Tanker ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/26 12:46|
|End of Day Share Price||2020/10/05 00:00|
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.