Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Established in 1918 and headquartered in Cape Town, South Africa, Oceana Group Limited is a prominent fishing company with a vast international presence. Its operations extend across South Africa, Namibia, other African regions, North America, Europe, and the Far East. The company is actively involved in the harvesting, processing, and procurement of a wide array of marine species, including pilchard, anchovy, redeye herring, Gulf menhaden, tuna, lobster, squid, horse mackerel, and hake. Beyond these core activities, Oceana Group manufactures and distributes various marine products such as canned fish, fishmeal, and fish oil. Additionally, it offers essential ancillary services, including refrigerated cold storage facilities and logistical assistance.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, underpriced
Target Price
The average target price of OCE.JO is 9000 and suggests 42.2% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in