Oceana (OCE) - Net Assets

Latest as of September 2025: ZAC7.89 Billion ZAC ≈ $4.19 Million USD

Based on the latest financial reports, Oceana (OCE) has net assets worth ZAC7.89 Billion ZAC (≈ $4.19 Million USD) 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 ≈ $7.20 Million USD) and total liabilities (ZAC5.67 Billion ≈ $3.01 Million USD). 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. Check asset resilience ratio of Oceana to evaluate the company's liquid asset resilience ratio.

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. Also explore OCE total asset value for the complete picture of this company's asset base.

Annual Net Assets for Oceana (2003–2025)

The table below shows the annual net assets of Oceana from 2003 to 2025. For live valuation and market cap data, see Oceana market cap and net worth.

Year Net Assets Change
2025-09-30 ZAC7.89 Billion
≈ $4.19 Million		 +2.18%
2024-09-30 ZAC7.72 Billion
≈ $4.10 Million		 -3.15%
2023-09-30 ZAC7.97 Billion
≈ $4.24 Million		 +13.30%
2022-09-30 ZAC7.03 Billion
≈ $3.74 Million		 +27.81%
2021-09-30 ZAC5.50 Billion
≈ $2.92 Million		 -7.97%
2020-09-30 ZAC5.98 Billion
≈ $3.18 Million		 +16.76%
2019-09-30 ZAC5.12 Billion
≈ $2.72 Million		 +8.47%
2018-09-30 ZAC4.72 Billion
≈ $2.51 Million		 +25.70%
2017-09-30 ZAC3.76 Billion
≈ $2.00 Million		 -6.26%
2016-09-30 ZAC4.01 Billion
≈ $2.13 Million		 +12.44%
2015-09-30 ZAC3.56 Billion
≈ $1.89 Million		 +104.03%
2014-09-30 ZAC1.75 Billion
≈ $928.39K		 -2.37%
2013-09-30 ZAC1.79 Billion
≈ $950.96K		 +9.56%
2012-09-30 ZAC1.63 Billion
≈ $867.98K		 +16.71%
2011-09-30 ZAC1.40 Billion
≈ $743.68K		 +12.27%
2010-09-30 ZAC1.25 Billion
≈ $662.43K		 +10.73%
2009-09-30 ZAC1.13 Billion
≈ $598.25K		 +12.62%
2008-09-30 ZAC999.56 Million
≈ $531.21K		 +10.38%
2007-09-30 ZAC905.52 Million
≈ $481.24K		 +10.59%
2006-09-30 ZAC818.83 Million
≈ $435.17K		 -8.09%
2005-09-30 ZAC890.89 Million
≈ $473.46K		 +4.98%
2004-09-30 ZAC848.61 Million
≈ $450.99K		 +10.37%
2003-09-30 ZAC768.86 Million
≈ $408.61K		 --

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
Steel Strips Wheels Limited
NSE:SSWL
 $364.65 Million
Cuckoo Homesys Co Ltd
KO:284740
 $364.69 Million
Lumax International Corp Ltd
TW:6192
 $365.05 Million
Viettel Construction JSC
VN:CTR
 $365.06 Million
Hellenic Exchanges - Athens Stock Exchange SA
AT:EXAE
 $364.46 Million
Ausgold Ltd
AU:AUC
 $364.39 Million
Padini Holdings Bhd
KLSE:7052
 $364.22 Million
Letong Chemical Co Ltd
SHE:002319
 $364.15 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: 89.08x
  • 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 853.17x to 89.08x 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 ZAC5729.00 x
2004-09-30 ZAC7.37 ZAC5729.00 x
2005-09-30 ZAC7.70 ZAC5729.00 x
2006-09-30 ZAC7.00 ZAC5729.00 x
2007-09-30 ZAC8.70 ZAC5729.00 x
2008-09-30 ZAC9.68 ZAC5729.00 x
2009-09-30 ZAC10.71 ZAC5729.00 x
2010-09-30 ZAC11.21 ZAC5729.00 x
2011-09-30 ZAC12.37 ZAC5729.00 x
2012-09-30 ZAC14.15 ZAC5729.00 x
2013-09-30 ZAC15.19 ZAC5729.00 x
2014-09-30 ZAC14.73 ZAC5729.00 x
2015-09-30 ZAC30.31 ZAC5729.00 x
2016-09-30 ZAC30.49 ZAC5729.00 x
2017-09-30 ZAC28.68 ZAC5729.00 x
2018-09-30 ZAC36.37 ZAC5729.00 x
2019-09-30 ZAC39.45 ZAC5729.00 x
2020-09-30 ZAC45.98 ZAC5729.00 x
2021-09-30 ZAC41.69 ZAC5729.00 x
2022-09-30 ZAC56.07 ZAC5729.00 x
2023-09-30 ZAC64.06 ZAC5729.00 x
2024-09-30 ZAC62.87 ZAC5729.00 x
2025-09-30 ZAC64.31 ZAC5729.00 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: $4,373,834,770
  • Average return on equity (ROE) among peers: 9.33%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Oceana (OCE) ZAC7.89 Billion 25.27% 0.72x $364.58 Million
AH-Vest Limited (AHL) $19.56 Million 6.73% 3.52x $2.82 Million
Avi Ltd (AVI) $2.33 Billion 13.83% 0.89x $1.76 Billion
Brimstone Investment Corporation Limited (BRN) $3.29 Billion -6.09% 0.61x $56.41 Million
Brimstone Investment Corporation Ltd (BRT) $3.87 Billion -2.03% 1.82x $10.49 Million
Libstar Holdings Ltd (LBR) $4.09 Billion 4.91% 1.09x $145.61 Million
RCL Foods Ltd (RCL) $1.92 Billion 24.69% 0.61x $430.33 Million
RFG Holdings Ltd (RFG) $2.24 Billion 10.49% 0.84x $345.79 Million
Tiger Brands Ltd (TBS) $17.24 Billion 22.14% 0.56x $2.39 Billion

About Oceana

JSE:OCE South Africa Packaged Foods
Market Cap
$364.58 Million
ZAC686.01 Billion ZAC
Market Cap Rank
#14164 Global
#109 in South Africa
Share Price
ZAC5729.00
Change (1 day)
+3.23%
52-Week Range
ZAC4887.00 - ZAC6100.00
All Time High
ZAC9009.05
Categories
Companies in South Africa Packaged Foods
About

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