Obermatt

Oceana Group

JNB:OCE · ZAE000025284
Food ProductsSmall

360

95
EV / EBIT82
Price / Owner Earnings34
Owner Earnings Yield71
Dividend Yield69
Price/Sales53
EV / Gross Profit45
Price/Book87
Return on Capital60
Cash Return on Capital63
Return on Equity49
EBIT Margin87
Gross Profitability43
Cash Conversion84
Accruals93
Owner Earnings Margin73
Sales growth14
Profit Growth28
Long-Term EPS Growth94
Owner Earnings Growth75
Reinvestment26
Price momentum66
Debt load58
Refinancing45
Debt Payback42
Liquidity31
Analyst ratings100
Opinion Changes50
Price Target Upside7
Market mood44
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Oceana Group clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountrySouth Africa
IndustryFood Products
SizeSmall
TypePublic Company
ExchangeJSE
Founded1918
Employees210
ISINZAE000025284
Last UpdateApr 2, 2026
Themes
Animal FeedFast-Moving Consumer GoodsAquacultureAutomotiveFood and BeverageLogistics

Description

Oceana Group Limited operates as a fishing company. The company primarily involved in the sourcing, production, and marketing of premium seafood products. Business Segments The company comprises several key business segments that contribute to its…

Analysis

Quality compounder

Oceana Group Limited is a quality compounder: a well-run business trading at a price that reflects what it is worth.

The price is attractive. You pay 11.3× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -1% yearly growth; analysts expect 20%. The price, in other words, assumes less than the experts do.

The trajectory is solid and the balance sheet is adequate. The company scores 12/20 on our value-creation score: creating some value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
42
2023202420252026

All-time high

83

Jan 2024

All-time low

25

Jan 2023

Average rank

57

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
53
63
65
72
Price/Earnings
73
83
85
89
Price/Book
87
82
78
82
Dividend Yield
69
95
99
95
Value (overall)
78
91
91
95

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →