South Ocean Holdings Limited

JSE:SOH Stock Report

Market Cap: R386.2m

South Ocean Holdings Past Earnings Performance

Past criteria checks 3/6

South Ocean Holdings has been growing earnings at an average annual rate of 38.1%, while the Electrical industry saw earnings growing at 38.1% annually. Revenues have been growing at an average rate of 8.6% per year. South Ocean Holdings's return on equity is 12.1%, and it has net margins of 3.4%.

Key information

38.1%

Earnings growth rate

38.1%

EPS growth rate

Electrical Industry Growth17.2%
Revenue growth rate8.6%
Return on equity12.1%
Net Margin3.4%
Last Earnings Update30 Jun 2024

Recent past performance updates

South Ocean Holdings' (JSE:SOH) Solid Profits Have Weak Fundamentals

Mar 28
South Ocean Holdings' (JSE:SOH) Solid Profits Have Weak Fundamentals

Recent updates

Lacklustre Performance Is Driving South Ocean Holdings Limited's (JSE:SOH) 36% Price Drop

Nov 14
Lacklustre Performance Is Driving South Ocean Holdings Limited's (JSE:SOH) 36% Price Drop

If EPS Growth Is Important To You, South Ocean Holdings (JSE:SOH) Presents An Opportunity

Nov 14
If EPS Growth Is Important To You, South Ocean Holdings (JSE:SOH) Presents An Opportunity

Is South Ocean Holdings (JSE:SOH) A Risky Investment?

Oct 15
Is South Ocean Holdings (JSE:SOH) A Risky Investment?

Benign Growth For South Ocean Holdings Limited (JSE:SOH) Underpins Stock's 27% Plummet

Sep 15
Benign Growth For South Ocean Holdings Limited (JSE:SOH) Underpins Stock's 27% Plummet

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For South Ocean Holdings Limited's (JSE:SOH) CEO For Now

Jul 25
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For South Ocean Holdings Limited's (JSE:SOH) CEO For Now

The Market Lifts South Ocean Holdings Limited (JSE:SOH) Shares 28% But It Can Do More

Jun 27
The Market Lifts South Ocean Holdings Limited (JSE:SOH) Shares 28% But It Can Do More

Do South Ocean Holdings' (JSE:SOH) Earnings Warrant Your Attention?

Jun 05
Do South Ocean Holdings' (JSE:SOH) Earnings Warrant Your Attention?

South Ocean Holdings' (JSE:SOH) Solid Profits Have Weak Fundamentals

Mar 28
South Ocean Holdings' (JSE:SOH) Solid Profits Have Weak Fundamentals

South Ocean Holdings (JSE:SOH) Has Some Way To Go To Become A Multi-Bagger

Mar 16
South Ocean Holdings (JSE:SOH) Has Some Way To Go To Become A Multi-Bagger

South Ocean Holdings (JSE:SOH) Has A Somewhat Strained Balance Sheet

Dec 02
South Ocean Holdings (JSE:SOH) Has A Somewhat Strained Balance Sheet

Return Trends At South Ocean Holdings (JSE:SOH) Aren't Appealing

Oct 28
Return Trends At South Ocean Holdings (JSE:SOH) Aren't Appealing

We Think South Ocean Holdings (JSE:SOH) Is Taking Some Risk With Its Debt

Aug 31
We Think South Ocean Holdings (JSE:SOH) Is Taking Some Risk With Its Debt

There's Been No Shortage Of Growth Recently For South Ocean Holdings' (JSE:SOH) Returns On Capital

Jul 22
There's Been No Shortage Of Growth Recently For South Ocean Holdings' (JSE:SOH) Returns On Capital

Returns At South Ocean Holdings (JSE:SOH) Are On The Way Up

Mar 09
Returns At South Ocean Holdings (JSE:SOH) Are On The Way Up

The Return Trends At South Ocean Holdings (JSE:SOH) Look Promising

Nov 17
The Return Trends At South Ocean Holdings (JSE:SOH) Look Promising

Does South Ocean Holdings (JSE:SOH) Have A Healthy Balance Sheet?

Oct 12
Does South Ocean Holdings (JSE:SOH) Have A Healthy Balance Sheet?

South Ocean Holdings (JSE:SOH) Might Have The Makings Of A Multi-Bagger

Aug 02
South Ocean Holdings (JSE:SOH) Might Have The Makings Of A Multi-Bagger

Is South Ocean Holdings (JSE:SOH) Using Too Much Debt?

Jun 28
Is South Ocean Holdings (JSE:SOH) Using Too Much Debt?

Positive Sentiment Still Eludes South Ocean Holdings Limited (JSE:SOH) Following 27% Share Price Slump

Apr 14
Positive Sentiment Still Eludes South Ocean Holdings Limited (JSE:SOH) Following 27% Share Price Slump

Here's Why I Think South Ocean Holdings (JSE:SOH) Is An Interesting Stock

Apr 06
Here's Why I Think South Ocean Holdings (JSE:SOH) Is An Interesting Stock

South Ocean Holdings (JSE:SOH) Is Looking To Continue Growing Its Returns On Capital

Feb 02
South Ocean Holdings (JSE:SOH) Is Looking To Continue Growing Its Returns On Capital

South Ocean Holdings (JSE:SOH) Seems To Use Debt Quite Sensibly

Oct 13
South Ocean Holdings (JSE:SOH) Seems To Use Debt Quite Sensibly

South Ocean Holdings' (JSE:SOH) Earnings Are Weaker Than They Seem

Aug 10
South Ocean Holdings' (JSE:SOH) Earnings Are Weaker Than They Seem

South Ocean Holdings' (JSE:SOH) Returns On Capital Are Heading Higher

Aug 10
South Ocean Holdings' (JSE:SOH) Returns On Capital Are Heading Higher

These 4 Measures Indicate That South Ocean Holdings (JSE:SOH) Is Using Debt Reasonably Well

May 24
These 4 Measures Indicate That South Ocean Holdings (JSE:SOH) Is Using Debt Reasonably Well

South Ocean Holdings' (JSE:SOH) Returns On Capital Are Heading Higher

Mar 24
South Ocean Holdings' (JSE:SOH) Returns On Capital Are Heading Higher

Revenue & Expenses Breakdown

How South Ocean Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

JSE:SOH Revenue, expenses and earnings (ZAR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 242,434841220
31 Mar 242,399861160
31 Dec 232,364891100
30 Sep 232,248751030
30 Jun 232,13261960
31 Mar 232,00353950
31 Dec 221,87345930
30 Sep 221,87458840
30 Jun 221,87572750
31 Mar 221,93873720
31 Dec 212,00275700
30 Sep 212,09573610
30 Jun 212,18871520
31 Mar 211,96546510
31 Dec 201,74322500
30 Sep 201,594-6640
30 Jun 201,445-34770
31 Mar 201,501-26790
31 Dec 191,557-17800
30 Sep 191,6135830
30 Jun 191,67028860
31 Mar 191,69927880
31 Dec 181,72826890
30 Jun 181,63415560
31 Mar 181,5304550
31 Dec 171,426-6540
30 Jun 171,155-49440
31 Mar 171,294-43680
31 Dec 161,434-36910
30 Sep 161,738-341730
30 Jun 161,699-281720
31 Mar 161,678-211710
31 Dec 151,657-141690
30 Sep 151,672101770
30 Jun 151,687341840
31 Mar 151,701361850
31 Dec 141,715381860
30 Sep 141,763-391800
30 Jun 141,810-1161750
31 Mar 141,750-1181710
31 Dec 131,691-1211660

Quality Earnings: SOH has high quality earnings.

Growing Profit Margin: SOH's current net profit margins (3.4%) are higher than last year (2.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SOH's earnings have grown significantly by 38.1% per year over the past 5 years.

Accelerating Growth: SOH's earnings growth over the past year (36.8%) is below its 5-year average (38.1% per year).

Earnings vs Industry: SOH earnings growth over the past year (36.8%) did not outperform the Electrical industry 43.1%.


Return on Equity

High ROE: SOH's Return on Equity (12.1%) is considered low.


Return on Assets


Return on Capital Employed


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