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Ocean Bio-Chem, Inc. (OBCI)
Key financial summary
Financials in USD| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 36 | 39 | 42 | 42 | 56 | 64 | 63 |
| Operating profit | $m | 11 | 6 | |||||
| Net profit | $m | 2 | 3 | 3 | 3 | 10 | 13 | 8 |
| EPS reported | $ | 1.37 | 0.81 | |||||
| Operating cashflow per share | $ | 0.58 | 0.58 | |||||
| Capex per share | $ | 0.78 | 0.78 | |||||
| FCF per share | $ | -0.20 | -0.20 | |||||
| Free cash flow | $m | -2 | -7 | |||||
| Net debt | $m | -4 | 4 | |||||
| Book value equity | $m | 47 | 48 | |||||
| Book value per share | $ | 5.00 | 5.02 | |||||
| Number of shares | m | 9.49 | 9.51 | |||||
| DPS (TTM paid) | $ | 0.14 | 0.00 |
Financial summary
Financials in USD| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 6.35 | - | |||||
| P/B LTM | x | 1.74 | 2.60 | |||||
| P/S LTM | x | 1.28 | 1.95 | |||||
| P/FCF LTM | x | -42.61 | -16.77 | |||||
| EV/EBITDA LTM | x | 4.67 | 24.78 | |||||
| EV/Sales LTM | x | 1.22 | 2.02 | |||||
| Earnings Yield LTM | % | 15.75% | 10.53% | |||||
| FCF Yield | % | -2.35% | -5.96% | |||||
| Quality | ||||||||
| ROE | % | 27.44% | 29.81% | |||||
| ROIC | % | 18.97% | 18.97% | |||||
| Operating margin | % | 16.66% | 16.66% | |||||
| Gross margin | % | 37.79% | 37.79% | |||||
| FCF/Sales | % | -3.01% | -3.01% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | +34.31% | -23.08% | |||||
| Sales Growth YoY | % | +15.73% | +4.21% | |||||
| Net Income Growth YoY | % | +35.35% | -23.44% | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | -11.95% | -51.50% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 1.38% | 0.00% | |||||
| Dividend Growth | % | +40.00% | - | |||||
| Payout Ratio | % | 8.75% | 0.00% | |||||
| FCF/Debt | x | -0.22 | -0.64 | |||||
| Net Debt/EBITDA | x | -0.24 | -0.24 | |||||
| EBIT/Net interest | x | 72.08 | 72.08 | |||||
| Net debt/market cap | % | -4.86% | 3.55% | |||||
| Net debt/Equity | x | -0.08 | 0.09 | |||||
| Gross debt/equity | x | 0.18 | 0.24 | |||||
Company overview
Ocean Bio-Chem, Inc. specializes in the creation, promotion, and distribution of a wide range of appearance, performance, and maintenance products. Its offerings cater to diverse markets including marine, automotive, powersports, recreational vehicles, home care, and outdoor power equipment throughout the United States and Canada. The company's extensive marine line features polishes, cleaners, protective coatings, waxes, enzyme fuel treatments, and private label goods, alongside various oils (motor, teak), specialized washes for boats, vinyl, and teak, bilge and hull cleaners, a variety of sealants (silicone, polyurethane, polysulfide), gasket materials, lubricants, antifouling additives, and antifreeze. Complementing these are marine accessories like brushes, handles, and tie-downs. For the automotive sector, Ocean Bio-Chem produces fuel additives for both gasoline and diesel engines, motor oils, greases, antifreeze, windshield washer fluid, and assorted automotive polishes and cleaning products. Furthermore, it supplies the recreational vehicle (RV) and powersports markets with specialized fuel treatments, solutions for common E-10 fuel problems, and a comprehensive array of products such as cleaners, polishes, detergents, fabric care solutions, silicone sealants, waterproofing agents, gasket materials, degreasers, vinyl cleaners and protectors, toilet treatment fluids, and antifreeze/coolants. The company also addresses engine performance issues in commercial lawn and garden power equipment. Its portfolio extends to deodorizers, disinfectants, sanitizers, and specialized odor control products including mildew bags and boat sanitizers. Beyond product development, Ocean Bio-Chem performs chemical formulation blending and packaging, and manufactures PVC and HDPE blow-molded bottles. Products are marketed under well-recognized brands like Star Tron, Performacide, and Star brite, reaching consumers through both traditional and online retail channels, as well as wholesale distributors. Established in 1973 and headquartered in Fort Lauderdale, Florida, Ocean Bio-Chem, Inc. has operated as a subsidiary of OneWater Marine Inc. since August 9, 2022.
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Ocean Bio-Chem, Inc. (OBCI)
Ocean Bio-Chem, Inc. specializes in the creation, promotion, and distribution of a wide range of appearance, performance, and maintenance products. Its offerings cater to diverse markets including marine, automotive, powersports, recreational vehicles, home care, and outdoor power equipment throughout the United States and Canada. The company's extensive marine line features polishes, cleaners, protective coatings, waxes, enzyme fuel treatments, and private label goods, alongside various oils (motor, teak), specialized washes for boats, vinyl, and teak, bilge and hull cleaners, a variety of sealants (silicone, polyurethane, polysulfide), gasket materials, lubricants, antifouling additives, and antifreeze. Complementing these are marine accessories like brushes, handles, and tie-downs. For the automotive sector, Ocean Bio-Chem produces fuel additives for both gasoline and diesel engines, motor oils, greases, antifreeze, windshield washer fluid, and assorted automotive polishes and cleaning products. Furthermore, it supplies the recreational vehicle (RV) and powersports markets with specialized fuel treatments, solutions for common E-10 fuel problems, and a comprehensive array of products such as cleaners, polishes, detergents, fabric care solutions, silicone sealants, waterproofing agents, gasket materials, degreasers, vinyl cleaners and protectors, toilet treatment fluids, and antifreeze/coolants. The company also addresses engine performance issues in commercial lawn and garden power equipment. Its portfolio extends to deodorizers, disinfectants, sanitizers, and specialized odor control products including mildew bags and boat sanitizers. Beyond product development, Ocean Bio-Chem performs chemical formulation blending and packaging, and manufactures PVC and HDPE blow-molded bottles. Products are marketed under well-recognized brands like Star Tron, Performacide, and Star brite, reaching consumers through both traditional and online retail channels, as well as wholesale distributors. Established in 1973 and headquartered in Fort Lauderdale, Florida, Ocean Bio-Chem, Inc. has operated as a subsidiary of OneWater Marine Inc. since August 9, 2022.
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