Added to YB: 2026-07-17
Pitch date: 2026-07-11
OCA.AX [bullish]
Oceania Healthcare Limited
+1.36%
current return
Author Info
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Company Info
Oceania Healthcare Limited, together with its subsidiaries, owns and operates retirement villages and care centres in New Zealand.
Market Cap
NZD 539.6M
Pitch Price
NZD 0.73
Price Target
1.16 (+56%)
Dividend
N/A
EV/EBITDA
216.71
P/E
4.5K
EV/Sales
3.91
Sector
Health Care Providers and Services
Category
turnaround
Monthly SpreadHunters Monitoring - Oceania Healthcare (NZX/ASX: OCA) — NEW
OCA.AX (new position): NZ senior living turnaround at 0.48x NAV/0.46x NTA after 3yrs neg FCFO. FY26: sales +16% (NZ$603M), unsold dev stock -34%, net debt -NZ$121M, EBITDA/bed +43%. Catalyst: FY27 positive FCFO guidance ($48.5M ORA receivables + $17.2M savings). Base NZ$0.95 (+29%), bull $1.16 (+56%). Watch cash inflection.
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