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OLG

OneLogix GroupJSE:OLG Stock Report

Market Cap

R600.1m

7D

10.7%

1Y

30.1%

Updated

19 Oct, 2021

Data

Company Financials
OLG fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends0/6

OLG Overview

OneLogix Group Limited, together with its subsidiaries, provides logistics and related services in South Africa.

Price History & Performance

Summary of all time highs, changes and price drops for OneLogix Group
Historical stock prices
Current Share PriceR2.68
52 Week HighR1.72
52 Week LowR2.95
Beta-0.31
1 Month Change11.20%
3 Month Change17.03%
1 Year Change30.10%
3 Year Change-30.39%
5 Year Change-12.99%
Change since IPO211.63%

Recent News & Updates

Oct 13
Calculating The Intrinsic Value Of OneLogix Group Limited (JSE:OLG)

Calculating The Intrinsic Value Of OneLogix Group Limited (JSE:OLG)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of OneLogix Group Limited...

Jul 12
Returns On Capital Signal Tricky Times Ahead For OneLogix Group (JSE:OLG)

Returns On Capital Signal Tricky Times Ahead For OneLogix Group (JSE:OLG)

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

May 19
OneLogix Group (JSE:OLG) Takes On Some Risk With Its Use Of Debt

OneLogix Group (JSE:OLG) Takes On Some Risk With Its Use Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Apr 12
Investors Could Be Concerned With OneLogix Group's (JSE:OLG) Returns On Capital

Investors Could Be Concerned With OneLogix Group's (JSE:OLG) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Mar 09
Have Insiders Been Buying OneLogix Group Limited (JSE:OLG) Shares?

Have Insiders Been Buying OneLogix Group Limited (JSE:OLG) Shares?

It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...

Shareholder Returns

OLGZA LogisticsZA Market
7D10.7%0.9%1.0%
1Y30.1%67.8%20.8%

Return vs Industry: OLG underperformed the ZA Logistics industry which returned 64.6% over the past year.

Return vs Market: OLG exceeded the ZA Market which returned 20.7% over the past year.

Price Volatility

Is OLG's price volatile compared to industry and market?
OLG volatility
OLG Beta-0.31
Industry Beta0.91
Market Beta1

Stable Share Price: OLG is more volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: OLG's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of ZA stocks.

About the Company

FoundedEmployeesCEOWebsite
2000n/aIan Lourenshttps://www.onelogix.com

OneLogix Group Limited, together with its subsidiaries, provides logistics and related services in South Africa. It operates through three segments: Abnormal Logistics, Primary Products Logistics, and Other. The company offers project and abnormal freight logistics; local and cross-border auto-logistics; logistics services for solvents, acids, food grade products, liquid petroleum, gas, cryogenics, and dry bulk products; general freight and commodities movement services; refrigerated logistics services for agricultural products, such as fruit and vegetable market; and transport vehicles, including new commercial vehicles through a fleet of 300 trucks and trailers.

OneLogix Group Fundamentals Summary

How do OneLogix Group's earnings and revenue compare to its market cap?
OLG fundamental statistics
Market CapR600.11m
Earnings (TTM)R16.95m
Revenue (TTM)R2.39b

35.4x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OLG income statement (TTM)
RevenueR2.39b
Cost of RevenueR1.48b
Gross ProfitR915.37m
ExpensesR898.42m
EarningsR16.95m

Last Reported Earnings

Nov 30, 2020

Next Earnings Date

n/a

Earnings per share (EPS)0.076
Gross Margin38.25%
Net Profit Margin0.71%
Debt/Equity Ratio37.6%

How did OLG perform over the long term?

See historical performance and comparison

Valuation

Is OneLogix Group undervalued compared to its fair value and its price relative to the market?

35.41x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: OLG (ZAR2.68) is trading above our estimate of fair value (ZAR2.61)

Significantly Below Fair Value: OLG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: OLG is poor value based on its PE Ratio (35.4x) compared to the African Logistics industry average (21x).

PE vs Market: OLG is poor value based on its PE Ratio (35.4x) compared to the ZA market (11.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate OLG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: OLG is good value based on its PB Ratio (0.6x) compared to the XF Logistics industry average (0.9x).


Future Growth

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

9.8%

Forecasted Transportation 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 OneLogix Group 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 OneLogix Group performed over the past 5 years?

-1.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OLG has a large one-off loss of ZAR16.8M impacting its November 30 2020 financial results.

Growing Profit Margin: OLG's current net profit margins (0.7%) are lower than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: OLG has become profitable over the past 5 years, growing earnings by -1.3% per year.

Accelerating Growth: OLG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: OLG had negative earnings growth (-72.8%) over the past year, making it difficult to compare to the Logistics industry average (19.3%).


Return on Equity

High ROE: OLG's Return on Equity (3.2%) is considered low.


Financial Health

How is OneLogix Group's financial position?


Financial Position Analysis

Short Term Liabilities: OLG's short term assets (ZAR1.2B) exceed its short term liabilities (ZAR882.7M).

Long Term Liabilities: OLG's short term assets (ZAR1.2B) exceed its long term liabilities (ZAR720.7M).


Debt to Equity History and Analysis

Debt Level: OLG's debt to equity ratio (37.6%) is considered satisfactory.

Reducing Debt: OLG's debt to equity ratio has increased from 22.9% to 37.6% over the past 5 years.

Debt Coverage: OLG's debt is well covered by operating cash flow (65.1%).

Interest Coverage: OLG's interest payments on its debt are not well covered by EBIT (1.7x coverage).


Balance Sheet


Dividend

What is OneLogix Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if OLG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: OLG is not paying a notable dividend for the ZA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of OLG's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Ian Lourens (69 yo)

no data

Tenure

R4,242,000

Compensation

Mr. Ian Kenneth Lourens, BA (Hons), MBA, serves as the Chief Executive Officer of Onelogix (pty) Ltd. Mr. Lourens serves as the Chief Executive Officer of OneLogix Group Ltd. He is the Co-Founder of PostNe...


CEO Compensation Analysis

Compensation vs Market: Ian's total compensation ($USD291.98K) is about average for companies of similar size in the ZA market ($USD278.96K).

Compensation vs Earnings: Ian's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: OLG's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: OLG's board of directors are considered experienced (6.2 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

OneLogix Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: OneLogix Group Limited
  • Ticker: OLG
  • Exchange: JSE
  • Founded: 2000
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: R600.107m
  • Shares outstanding: 223.92m
  • Website: https://www.onelogix.com

Number of Employees


Location

  • OneLogix Group Limited
  • 46 Tulbagh Road
  • Pomona
  • Kempton Park
  • Gauteng
  • 1619
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 21:40
End of Day Share Price2021/10/19 00:00
Earnings2020/11/30
Annual Earnings2020/05/31


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.