ATLASATLAS fair value
ZAR 89.18
Below fair value · 24% discount
Range: ZAR 72–ZAR 110Fair valuePrice
Oceana (OCE.JSE)
Oceana share price today, ATLAS forecast and fair value
Consumer Defensive · Packaged Foods · Johannesburg Stock Exchange · South Africa
ZAR 68.00▲ +3.03%
Prices as of Oct 27, 2026 · ZAR
Chance of rising in 1 month
53%
that it ends higher than today in 21 sessions
0%coin flip 50%100%
This is just the summary. See everything on Oceana in ATLAS
ATLAS's own quantitative analysis, all in one place.
- Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
- Officers and shareholdersWho runs the company and which funds hold its shares.
- Customer and supplier mapWho it does business with, from its own filings.
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See everything included
- Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
- NewsThe latest on the company, in one place.
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On Oceana
- Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
- Officers and shareholdersWho runs the company and which funds hold its shares.
- Customer and supplier mapWho it does business with, from its own filings.
- Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
- NewsThe latest on the company, in one place.
And for you
- ATLAS builds your portfolioAnswer a short test and get portfolios that fit you.
- AlertsWe let you know when something changes in your stocks.
- Crisis simulatorHow your portfolio would do in a crash like 2008.
- Practice risk-free$10,000 in virtual money to invest at real prices.
- Global screenerSearch US stocks and stocks from 47 countries with filters.
Plans from €3.99 a month.
ATLAS estimates Oceana's fair value at about ZAR 89.18 per share (reasonable range: ZAR 72.19 to ZAR 110.17). At ZAR 68.00, the stock trades 24% below it.
It is calculated with a blend of a discounted cash-flow model and peer valuation multiples. Confidence in the estimate is medium. It is an estimate, not a promise: if the company's results change, so does its fair value.
ATLAS's model gives Oceana a 53% chance of finishing higher a month from now (21 trading sessions) than today: close to a coin flip.
In half of the simulated outcomes the price ends between ZAR 65.78 and ZAR 70.84; in 9 out of 10, between ZAR 61.60 and ZAR 75.65. Estimated annual volatility is 20%.
Price, last 12 months (weekly close)
Key numbers
- Market cap
- ZAR 7.7B
- Market cap (USD)
- $461M
- P/E ratio
- 10.5
- Dividend yield
- 0.04%
- 52-week high
- ZAR 75.38
- 52-week low
- ZAR 48.00
- Revenue (12 months)
- ZAR 9.7B
- Gross margin
- 28.0%
- Operating margin
- 14.1%
- Net margin
- 7.4%
- Beta
- 0.13
What this means
These are two different questions: fair value looks at the business (what it is worth given what it earns) and the odds look at the price over the next month. Oceana sits below fair value and its odds of rising over a month are close to a coin flip. An expensive stock can keep climbing and a cheap one can keep falling, which is why ATLAS shows the two readings separately.
Over the last 52 weeks OCE.JSE has traded between ZAR 48.00 and ZAR 75.38. Today it is 9.8% below that high and 42% above its low.
On the business: net margin is 7.4%; it trades at 10.5 times earnings.
Its beta is 0.13: it tends to move less than the market.
About the company
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.
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Comparable companies
Other companies in the same line of business:
Frequently asked questions
What is Oceana (OCE.JSE) fair value?
About ZAR 89.18 per share according to ATLAS (reasonable range: ZAR 72.19 to ZAR 110.17). With the stock at ZAR 68.00, it is 24% below it.
What is the chance OCE.JSE goes up next month?
53%: close to a coin flip. In half of the simulated outcomes, OCE.JSE ends the month between ZAR 65.78 and ZAR 70.84.
How big is Oceana and what is its P/E ratio?
Oceana's market capitalization is ZAR 7.7B. Its price-to-earnings (P/E) ratio is 10.5: you pay ZAR 10.5 for each ZAR 1.00 of yearly earnings.
Does Oceana pay a dividend?
Yes. OCE.JSE's current dividend yield is 0.04% at today's price (ZAR 68.00).
Not investment advice. ATLAS estimates are produced by statistical models from public data; they can be wrong and past performance does not predict future results. Consider your own situation before investing. Disclaimer