Oceana Lithium Limited Fundamental Analysis (ASX: OCN.AX)
Oceana Lithium Limited Fundamental Analysis (ASX: OCN.AX)
Oceana Lithium Limited (ASX: OCN.AX) shows moderate financial fundamentals with a PE ratio of -68.75, profit margin of 67.26%, and ROE of -11.52%. The company generates $-0.0B in annual revenue with N/A year-over-year growth of N/A.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 41.8/100 based on profitability, valuation, growth, and balance sheet metrics. The D grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze OCN.AX's fundamental strength across five key dimensions:
Efficiency Score
WeakOCN.AX struggles to generate sufficient returns from assets.
Valuation Score
ExcellentOCN.AX trades at attractive valuation levels.
Growth Score
ModerateOCN.AX shows steady but slowing expansion.
Financial Health Score
ExcellentOCN.AX maintains a strong and stable balance sheet.
Profitability Score
WeakOCN.AX struggles to sustain strong margins.
Key Financial Metrics
Is OCN.AX Expensive or Cheap?
P/E Ratio
OCN.AX trades at -68.75 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, OCN.AX's PEG of -0.49 indicates potential undervaluation.
Price to Book
The market values Oceana Lithium Limited at 7.80 times its book value. This suggests the stock is fully valued or overvalued on an asset basis.
EV/EBITDA
Enterprise value stands at -94.84 times EBITDA. This is generally considered low.
How Well Does OCN.AX Make Money?
Net Profit Margin
For every $100 in sales, Oceana Lithium Limited keeps $67.26 as profit after all expenses.
Operating Margin
Core operations generate 79.32 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $-11.52 in profit for every $100 of shareholder equity.
ROA
Oceana Lithium Limited generates $-11.27 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Oceana Lithium Limited generates strong operating cash flow of $-701.12K, reflecting robust business health.
Free Cash Flow
Oceana Lithium Limited generates strong free cash flow of $-1.01M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $-0.00 in free cash annually.
FCF Yield
OCN.AX converts -0.69% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
-68.75
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
-0.49
vs 25 benchmark
P/B Ratio
Price to book value ratio
7.80
vs 25 benchmark
P/S Ratio
Price to sales ratio
-6454.87
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.00
vs 25 benchmark
Current Ratio
Current assets to current liabilities
14.75
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
-0.12
vs 25 benchmark
ROA
Return on assets percentage
-0.11
vs 25 benchmark
ROCE
Return on capital employed
-0.14
vs 25 benchmark
How OCN.AX Stacks Against Its Sector Peers
| Metric | OCN.AX Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | -68.75 | 27.48 | Better (Cheaper) |
| ROE | -11.52% | 1186.00% | Weak |
| Net Margin | 6726.01% | 220.00% | Excellent |
| Debt/Equity | 0.00 | 0.72 | Strong (Low Leverage) |
| Current Ratio | 14.75 | 3.13 | Strong Liquidity |
| ROA | -11.27% | 2741.00% | Weak |
OCN.AX outperforms its industry in 4 out of 6 key metrics, particularly excelling in Net Margin, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Oceana Lithium Limited's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
N/A
Industry Style: Cyclical, Commodity, Value
EPS CAGR
N/A
Industry Style: Cyclical, Commodity, Value
FCF CAGR
N/A
Industry Style: Cyclical, Commodity, Value