Oceana
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 vegetabl… Read more
Oceana (OCE) - Net Assets
Latest net assets as of September 2025: ZAC7.89 Billion ZAC
Based on the latest financial reports, Oceana (OCE) has net assets worth ZAC7.89 Billion ZAC as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC13.56 Billion) and total liabilities (ZAC5.67 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC7.89 Billion |
| % of Total Assets | 58.17% |
| Annual Growth Rate | 11.16% |
| 5-Year Change | 43.3% |
| 10-Year Change | 96.77% |
| Growth Volatility | 22.04 |
Oceana - Net Assets Trend (2003–2025)
This chart illustrates how Oceana's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Oceana (2003–2025)
The table below shows the annual net assets of Oceana from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | ZAC7.89 Billion | +2.18% |
| 2024-09-30 | ZAC7.72 Billion | -3.15% |
| 2023-09-30 | ZAC7.97 Billion | +13.30% |
| 2022-09-30 | ZAC7.03 Billion | +27.81% |
| 2021-09-30 | ZAC5.50 Billion | -7.97% |
| 2020-09-30 | ZAC5.98 Billion | +16.76% |
| 2019-09-30 | ZAC5.12 Billion | +8.47% |
| 2018-09-30 | ZAC4.72 Billion | +25.70% |
| 2017-09-30 | ZAC3.76 Billion | -6.26% |
| 2016-09-30 | ZAC4.01 Billion | +12.44% |
| 2015-09-30 | ZAC3.56 Billion | +104.03% |
| 2014-09-30 | ZAC1.75 Billion | -2.37% |
| 2013-09-30 | ZAC1.79 Billion | +9.56% |
| 2012-09-30 | ZAC1.63 Billion | +16.71% |
| 2011-09-30 | ZAC1.40 Billion | +12.27% |
| 2010-09-30 | ZAC1.25 Billion | +10.73% |
| 2009-09-30 | ZAC1.13 Billion | +12.62% |
| 2008-09-30 | ZAC999.56 Million | +10.38% |
| 2007-09-30 | ZAC905.52 Million | +10.59% |
| 2006-09-30 | ZAC818.83 Million | -8.09% |
| 2005-09-30 | ZAC890.89 Million | +4.98% |
| 2004-09-30 | ZAC848.61 Million | +10.37% |
| 2003-09-30 | ZAC768.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Oceana's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 515100000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC5.15 Billion | 66.76% |
| Common Stock | ZAC1.08 Billion | 13.97% |
| Other Comprehensive Income | ZAC1.49 Billion | 19.27% |
| Total Equity | ZAC7.72 Billion | 100.00% |
Oceana Competitors by Market Cap
The table below lists competitors of Oceana ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CFI Holding SA
WAR:CFI
|
$3.47 Million |
|
MURPHY USA
BE:1MU
|
$3.47 Million |
|
Independent ESG Mix
CO:IIKESGMIX
|
$3.47 Million |
|
FRX Innovations Inc.
PINK:FRXIF
|
$3.47 Million |
|
Tinka Resources Limited
OTCQB:TKRFF
|
$3.47 Million |
|
Cosmos Technology International Berhad
KLSE:0261
|
$3.47 Million |
|
Rise Gold Corp
OTCQB:RYES
|
$3.47 Million |
|
Vestand Inc.
NASDAQ:VSTD
|
$3.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Oceana's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,577,000,000 to 7,716,000,000, a change of 139,000,000 (1.8%).
- Net income of 674,000,000 contributed positively to equity growth.
- Dividend payments of 502,000,000 reduced retained earnings.
- Share repurchases of 61,000,000 reduced equity.
- Other comprehensive income increased equity by 5,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC674.00 Million | +8.74% |
| Dividends Paid | ZAC502.00 Million | -6.51% |
| Share Repurchases | ZAC61.00 Million | -0.79% |
| Other Comprehensive Income | ZAC5.00 Million | +0.06% |
| Other Changes | ZAC23.00 Million | +0.3% |
| Total Change | ZAC- | 1.83% |
Book Value vs Market Value Analysis
This analysis compares Oceana's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 84.74x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 811.62x to 84.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-09-30 | ZAC6.71 | ZAC5450.00 | x |
| 2004-09-30 | ZAC7.37 | ZAC5450.00 | x |
| 2005-09-30 | ZAC7.70 | ZAC5450.00 | x |
| 2006-09-30 | ZAC7.00 | ZAC5450.00 | x |
| 2007-09-30 | ZAC8.70 | ZAC5450.00 | x |
| 2008-09-30 | ZAC9.68 | ZAC5450.00 | x |
| 2009-09-30 | ZAC10.71 | ZAC5450.00 | x |
| 2010-09-30 | ZAC11.21 | ZAC5450.00 | x |
| 2011-09-30 | ZAC12.37 | ZAC5450.00 | x |
| 2012-09-30 | ZAC14.15 | ZAC5450.00 | x |
| 2013-09-30 | ZAC15.19 | ZAC5450.00 | x |
| 2014-09-30 | ZAC14.73 | ZAC5450.00 | x |
| 2015-09-30 | ZAC30.31 | ZAC5450.00 | x |
| 2016-09-30 | ZAC30.49 | ZAC5450.00 | x |
| 2017-09-30 | ZAC28.68 | ZAC5450.00 | x |
| 2018-09-30 | ZAC36.37 | ZAC5450.00 | x |
| 2019-09-30 | ZAC39.45 | ZAC5450.00 | x |
| 2020-09-30 | ZAC45.98 | ZAC5450.00 | x |
| 2021-09-30 | ZAC41.69 | ZAC5450.00 | x |
| 2022-09-30 | ZAC56.07 | ZAC5450.00 | x |
| 2023-09-30 | ZAC64.06 | ZAC5450.00 | x |
| 2024-09-30 | ZAC62.87 | ZAC5450.00 | x |
| 2025-09-30 | ZAC64.31 | ZAC5450.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Oceana utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.74%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.74%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.76x
- Recent ROE (8.74%) is below the historical average (19.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 25.27% | 7.72% | 1.96x | 1.67x | ZAC117.41 Million |
| 2004 | 19.74% | 6.73% | 1.69x | 1.73x | ZAC82.64 Million |
| 2005 | 13.36% | 4.62% | 1.75x | 1.65x | ZAC29.90 Million |
| 2006 | 16.71% | 5.38% | 1.90x | 1.63x | ZAC54.96 Million |
| 2007 | 19.93% | 6.92% | 1.74x | 1.66x | ZAC89.95 Million |
| 2008 | 25.44% | 8.47% | 1.93x | 1.56x | ZAC154.31 Million |
| 2009 | 27.35% | 9.33% | 1.92x | 1.53x | ZAC195.36 Million |
| 2010 | 25.04% | 8.87% | 1.86x | 1.52x | ZAC182.30 Million |
| 2011 | 25.49% | 9.47% | 1.81x | 1.49x | ZAC210.37 Million |
| 2012 | 28.01% | 9.55% | 1.81x | 1.62x | ZAC285.34 Million |
| 2013 | 28.41% | 9.83% | 1.73x | 1.67x | ZAC318.15 Million |
| 2014 | 34.22% | 11.39% | 1.69x | 1.77x | ZAC406.19 Million |
| 2015 | 17.54% | 9.91% | 0.59x | 3.02x | ZAC262.83 Million |
| 2016 | 23.47% | 11.12% | 0.74x | 2.84x | ZAC525.94 Million |
| 2017 | 12.78% | 6.88% | 0.68x | 2.74x | ZAC101.84 Million |
| 2018 | 18.55% | 11.09% | 0.72x | 2.31x | ZAC395.30 Million |
| 2019 | 12.32% | 8.08% | 0.71x | 2.16x | ZAC116.49 Million |
| 2020 | 13.12% | 9.16% | 0.69x | 2.08x | ZAC180.92 Million |
| 2021 | 12.75% | 9.27% | 0.64x | 2.14x | ZAC145.92 Million |
| 2022 | 10.76% | 9.00% | 0.62x | 1.94x | ZAC51.67 Million |
| 2023 | 17.04% | 13.28% | 0.74x | 1.73x | ZAC547.80 Million |
| 2024 | 14.61% | 11.00% | 0.71x | 1.87x | ZAC349.30 Million |
| 2025 | 8.74% | 6.74% | 0.74x | 1.76x | ZAC-97.60 Million |
Industry Comparison
This section compares Oceana's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $4,453,129,774
- Average return on equity (ROE) among peers: 11.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Oceana (OCE) | ZAC7.89 Billion | 25.27% | 0.72x | $3.47 Million |
| AH-Vest Limited (AHL) | $45.30 Million | 4.55% | 2.25x | $28.20K |
| Avi Ltd (AVI) | $5.78 Billion | 39.03% | 0.78x | $18.18 Million |
| Brimstone Investment Corporation Ltd (BRT) | $2.59 Billion | 6.60% | 1.97x | $674.05K |
| Libstar Holdings Ltd (LBR) | $5.43 Billion | 5.12% | 0.99x | $1.45 Million |
| RCL Foods Ltd (RCL) | $10.11 Billion | 8.39% | 0.95x | $4.07 Million |
| RFG Holdings Ltd (RFG) | $2.75 Billion | 7.85% | 0.86x | $3.34 Million |