NasdaqCM:OMEX

Stock Analysis Report

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Market Cap

US$68.9m

Last Updated

2021/07/28 02:03 UTC

Data Sources

Company Financials

Executive Summary

Odyssey Marine Exploration, Inc., together with its subsidiaries, engages in the deep-ocean exploration activities worldwide. More Details


Snowflake Analysis

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

How has Odyssey Marine Exploration's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: OMEX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: OMEX's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-1.5%

OMEX

0.5%

US Commercial Services

0.9%

US Market


1 Year Return

27.2%

OMEX

36.2%

US Commercial Services

37.8%

US Market

Return vs Industry: OMEX underperformed the US Commercial Services industry which returned 35.6% over the past year.

Return vs Market: OMEX underperformed the US Market which returned 37.8% over the past year.


Shareholder returns

OMEXIndustryMarket
7 Day-1.5%0.5%0.9%
30 Day-17.9%3.0%0.3%
90 Day-15.8%5.9%2.1%
1 Year27.2%27.2%37.8%36.2%40.0%37.8%
3 Year-24.0%-24.0%53.8%43.9%63.8%53.5%
5 Year20.5%20.5%126.3%104.1%124.6%99.7%

Long-Term Price Volatility Vs. Market

How volatile is Odyssey Marine Exploration's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Odyssey Marine Exploration undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Odyssey Marine Exploration is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Odyssey Marine Exploration has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Odyssey Marine Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.8%

Forecasted Commercial Services 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 Odyssey Marine Exploration 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.


Past Performance

How has Odyssey Marine Exploration performed over the past 5 years?

-21.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OMEX is currently unprofitable.

Growing Profit Margin: OMEX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OMEX is unprofitable, and losses have increased over the past 5 years at a rate of 21% per year.

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

Earnings vs Industry: OMEX is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (2.5%).


Return on Equity

High ROE: OMEX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Odyssey Marine Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: OMEX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: OMEX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: OMEX has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: OMEX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: OMEX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: OMEX has less than a year of cash runway if free cash flow continues to grow at historical rates of 23.6% each year.


Dividend

What is Odyssey Marine Exploration current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if OMEX'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 OMEX's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

7.9yrs

Average management tenure


CEO

Mark Gordon (61 yo)

6.75yrs

Tenure

US$1,000,442

Compensation

Mr. Mark D. Gordon has been the Chief Executive Officer of Odyssey Marine Exploration Inc. since October 1, 2014 and has been its Chairman since June 3, 2019 and has been its Director since January 3, 2008...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD1.00M) is above average for companies of similar size in the US market ($USD545.11K).

Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: OMEX's management team is seasoned and experienced (7.9 years average tenure).


Board Members

Experienced Board: OMEX's board of directors are considered experienced (6.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: OMEX insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 36.5%.


Top Shareholders

Company Information

Odyssey Marine Exploration, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Odyssey Marine Exploration, Inc.
  • Ticker: OMEX
  • Exchange: NasdaqCM
  • Founded: 1986
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: US$68.893m
  • Shares outstanding: 13.02m
  • Website: https://www.odysseymarine.com

Number of Employees


Location

  • Odyssey Marine Exploration, Inc.
  • 205 South Hoover Boulevard
  • Suite 210
  • Tampa
  • Florida
  • 33609
  • United States

Listings


Biography

Odyssey Marine Exploration, Inc., together with its subsidiaries, engages in the deep-ocean exploration activities worldwide. The company provides specialized mineral exploration, project development, and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/28 02:03
End of Day Share Price2021/07/27 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.