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Oceana Group JSE:OCE Stock Report

Last Price

R71.75

Market Cap

R8.6b

7D

3.6%

1Y

3.9%

Updated

20 Dec, 2024

Data

Company Financials +

OCE Stock Overview

Operates as a fishing and food processing company in South Africa, Namibia, rest of Africa, North America, Europe, the Far East, and internationally. More details

OCE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Oceana Group Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Oceana Group
Historical stock prices
Current Share PriceR71.75
52 Week HighR78.50
52 Week LowR64.51
Beta0.43
1 Month Change5.13%
3 Month Change8.16%
1 Year Change3.85%
3 Year Change29.28%
5 Year Change16.23%
Change since IPO412.50%

Recent News & Updates

Recent updates

Oceana Group's (JSE:OCE) Dividend Will Be ZAR1.95

Jun 13
Oceana Group's (JSE:OCE) Dividend Will Be ZAR1.95

Oceana Group (JSE:OCE) Is Increasing Its Dividend To ZAR3.05

Dec 05
Oceana Group (JSE:OCE) Is Increasing Its Dividend To ZAR3.05

Oceana Group (JSE:OCE) Has Announced That It Will Be Increasing Its Dividend To ZAR1.30

Jun 18
Oceana Group (JSE:OCE) Has Announced That It Will Be Increasing Its Dividend To ZAR1.30

Industry Analysts Just Upgraded Their Oceana Group Limited (JSE:OCE) Revenue Forecasts By 14%

Jun 09
Industry Analysts Just Upgraded Their Oceana Group Limited (JSE:OCE) Revenue Forecasts By 14%

Oceana Group Limited Just Beat EPS By 18%: Here's What Analysts Think Will Happen Next

Dec 10
Oceana Group Limited Just Beat EPS By 18%: Here's What Analysts Think Will Happen Next

Oceana Group Limited (JSE:OCE) Analysts Just Cut Their EPS Forecasts Substantially

Jun 22
Oceana Group Limited (JSE:OCE) Analysts Just Cut Their EPS Forecasts Substantially

Oceana Group (JSE:OCE) Is Paying Out Less In Dividends Than Last Year

Jun 08
Oceana Group (JSE:OCE) Is Paying Out Less In Dividends Than Last Year

Oceana Group (JSE:OCE) Has A Somewhat Strained Balance Sheet

Mar 16
Oceana Group (JSE:OCE) Has A Somewhat Strained Balance Sheet

Oceana Group's (JSE:OCE) Returns On Capital Are Heading Higher

Feb 01
Oceana Group's (JSE:OCE) Returns On Capital Are Heading Higher

Shareholders May Find It Hard To Justify Increasing Oceana Group Limited's (JSE:OCE) CEO Compensation For Now

Mar 17
Shareholders May Find It Hard To Justify Increasing Oceana Group Limited's (JSE:OCE) CEO Compensation For Now

Key Things To Consider Before Buying Oceana Group Limited (JSE:OCE) For Its Dividend

Mar 16
Key Things To Consider Before Buying Oceana Group Limited (JSE:OCE) For Its Dividend

What Can The Trends At Oceana Group (JSE:OCE) Tell Us About Their Returns?

Mar 01
What Can The Trends At Oceana Group (JSE:OCE) Tell Us About Their Returns?

What Is The Ownership Structure Like For Oceana Group Limited (JSE:OCE)?

Feb 14
What Is The Ownership Structure Like For Oceana Group Limited (JSE:OCE)?

Need To Know: Oceana Group Limited (JSE:OCE) Insiders Have Been Buying Shares

Feb 03
Need To Know: Oceana Group Limited (JSE:OCE) Insiders Have Been Buying Shares

Oceana Group Limited's (JSE:OCE) Stock Been Rising But Financials Look Weak: Should Shareholders Be Worried?

Jan 19
Oceana Group Limited's (JSE:OCE) Stock Been Rising But Financials Look Weak: Should Shareholders Be Worried?

Does Oceana Group (JSE:OCE) Have A Healthy Balance Sheet?

Jan 05
Does Oceana Group (JSE:OCE) Have A Healthy Balance Sheet?

Is It Worth Considering Oceana Group Limited (JSE:OCE) For Its Upcoming Dividend?

Dec 24
Is It Worth Considering Oceana Group Limited (JSE:OCE) For Its Upcoming Dividend?

What Did Oceana Group's (JSE:OCE) CEO Take Home Last Year?

Dec 17
What Did Oceana Group's (JSE:OCE) CEO Take Home Last Year?

Shareholder Returns

OCEZA FoodZA Market
7D3.6%-0.4%-2.9%
1Y3.9%37.8%10.1%

Return vs Industry: OCE underperformed the ZA Food industry which returned 37.8% over the past year.

Return vs Market: OCE underperformed the ZA Market which returned 10.1% over the past year.

Price Volatility

Is OCE's price volatile compared to industry and market?
OCE volatility
OCE Average Weekly Movement2.4%
Food Industry Average Movement4.6%
Market Average Movement4.2%
10% most volatile stocks in ZA Market8.8%
10% least volatile stocks in ZA Market2.5%

Stable Share Price: OCE has not had significant price volatility in the past 3 months compared to the ZA market.

Volatility Over Time: OCE's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1918n/aNeville Brinkwww.oceana.co.za

Oceana Group Limited operates as a fishing and food processing company in South Africa, Namibia, rest of Africa, North America, Europe, the Far East, and internationally. It engages in catching, processing, and procuring various marine species, including pilchard, anchovy, redeye herring, Gulf menhaden, lobster, squid, horse mackerel, and hake, as well as processing of meat, chicken, and vegetable products. The company also markets and sells canned fish, fishmeal, and fish oil.

Oceana Group Limited Fundamentals Summary

How do Oceana Group's earnings and revenue compare to its market cap?
OCE fundamental statistics
Market capR8.61b
Earnings (TTM)R1.11b
Revenue (TTM)R10.06b

7.8x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OCE income statement (TTM)
RevenueR10.06b
Cost of RevenueR6.86b
Gross ProfitR3.20b
Other ExpensesR2.09b
EarningsR1.11b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)9.23
Gross Margin31.80%
Net Profit Margin11.00%
Debt/Equity Ratio43.5%

How did OCE perform over the long term?

See historical performance and comparison

Dividends

6.9%

Current Dividend Yield

54%

Payout Ratio

Does OCE pay a reliable dividends?

See OCE dividend history and benchmarks
When do you need to buy OCE by to receive an upcoming dividend?
Oceana Group dividend dates
Ex Dividend DateDec 23 2024
Dividend Pay DateDec 30 2024
Days until Ex dividend2 days
Days until Dividend pay date9 days

Does OCE pay a reliable dividends?

See OCE dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:52
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Oceana Group Limited is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Detlef WinckelmannArqaam Capital Research Offshore S.A.L.
Paul Henri SteegersBofA Global Research
Marcelle JankelowCitigroup Inc