OM Holdings Ltd. (AU:OMH)
ASX:OMH
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OM Holdings Ltd.
(Sydney:OMH)
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Select Model
Rating:41Neutral
Price Target:
AU$0.25
▼(-4.62% Downside)
Action:ReiteratedDate:03/01/26
The score is weighed down primarily by deteriorating fundamentals (sharp 2025 revenue decline, margin compression, and negative operating/free cash flow). Technicals are also weak with price below key moving averages and negative MACD, despite oversold oscillators. Valuation adds pressure due to a high P/E with only a modest dividend yield.
Positive Factors
Vertical integration across mining, processing and trading
OMH's integrated model (mining → processing → trading) creates structural competitive advantage: it captures margin across the value chain, provides supply control and logistical know-how, and cushions revenue volatility from raw-price swings over the medium term.
Negative Factors
Sharp revenue decline
A ~64% revenue drop materially reduces scale economics and undermines fixed-cost absorption in smelting and mining assets. Persistently lower volumes or contract rollovers at reduced prices would structurally compress margins and weaken long-term competitiveness if not reversed.
Read all positive and negative factors
Positive Factors
Negative Factors
Vertical integration across mining, processing and trading
OMH's integrated model (mining → processing → trading) creates structural competitive advantage: it captures margin across the value chain, provides supply control and logistical know-how, and cushions revenue volatility from raw-price swings over the medium term.
Read all positive factors
OM Holdings Ltd. (OMH) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$194.90M
Dividend Yield1.54%
Average Volume (3M)91.41K
Price to Earnings (P/E)82.7
Beta (1Y)0.23
Revenue Growth14.64%
EPS Growth-213.25%
CountryAU
Employees1,105
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.02
Shares Outstanding766,256,800
10 Day Avg. Volume69,321
30 Day Avg. Volume91,405
Financial Highlights & Ratios
PEG Ratio-1.12
Price to Book (P/B)0.48
Price to Sales (P/S)0.31
P/FCF Ratio-4.82
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)<0.01
Revenue Forecast (FY)AU$793.84M
OM Holdings Ltd. Business Overview & Revenue Model
Company Description
OM Holdings Limited, an investment holding company, engages in mining, smelting, trading, and marketing manganese ores and ferroalloys. The company operates through Mining, Smelting, and Marketing and Trading segments. The company owns and operate...
How the Company Makes Money
OM Holdings Ltd. generates revenue through the sale of its core products, including manganese ore and silicon metal, which are sold to customers in the steel and ferroalloy sectors. The company benefits from fluctuating commodity prices, which can...
OM Holdings Ltd. Financial Statement Overview
Summary
Income Statement
42
Neutral
Balance Sheet
64
Positive
Cash Flow
33
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 658.49M | 1.06B | 887.71M | 1.26B | 1.04B |
| Gross Profit | 57.67M | 182.78M | 112.99M | 301.19M | 243.57M |
| EBITDA | 46.56M | 94.23M | 95.25M | 219.66M | 128.22M |
| Net Income | 2.43M | 14.11M | 18.14M | 97.86M | 81.91M |
Balance Sheet | |||||
| Total Assets | 836.00M | 1.52B | 1.38B | 1.30B | 1.30B |
| Cash, Cash Equivalents and Short-Term Investments | 23.89M | 109.71M | 102.27M | 91.63M | 97.73M |
| Total Debt | 216.92M | 364.14M | 397.34M | 379.34M | 416.73M |
| Total Liabilities | 407.98M | 841.91M | 526.32M | 714.28M | 678.35M |
| Stockholders Equity | 419.94M | 673.08M | 602.85M | 581.85M | 505.27M |
Cash Flow | |||||
| Free Cash Flow | -41.69M | 70.02M | -17.57M | 146.30M | 63.60M |
| Operating Cash Flow | -36.07M | 85.41M | 14.49M | 271.73M | 72.61M |
| Investing Cash Flow | 4.96M | -15.41M | -16.28M | -215.07M | 9.54M |
| Financing Cash Flow | -17.27M | -70.91M | 13.27M | -77.84M | -34.70M |
OM Holdings Ltd. Technical Analysis
Negative
0.26
Price Trends
0.27
Negative
0.27
Negative
0.28
Negative
Market Momentum
>-0.01
Negative
49.70
Neutral
80.95
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:OMH, the sentiment is Negative. The current price of 0.26 is above the 20-day moving average (MA) of 0.26, below the 50-day MA of 0.27, and below the 200-day MA of 0.28, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.70 is Neutral, neither overbought nor oversold. The STOCH value of 80.95 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:OMH.
OM Holdings Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | AU$214.11M | 7.08 | 4.27% | ― | -13.54% | -56.86% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | AU$472.88M | 3.21 | 15.33% | ― | 6.70% | ― | |
59 Neutral | AU$237.14M | 9.29 | 7.38% | 2.17% | 21.95% | -84.84% | |
58 Neutral | AU$307.66M | 7.29 | 17.97% | 2.13% | ― | -94.07% | |
41 Neutral | AU$194.90M | 82.73 | 0.70% | 1.54% | 14.64% | -213.25% |
* Basic Materials Sector Average
AU:OMH
OM Holdings Ltd.
0.26
-0.07
-21.54%
AU:GRR
Grange Resources Limited
0.19
-0.02
-9.76%
AU:FEX
Fenix Resources Limited
0.31
0.03
9.93%
AU:RHI
Red Hill Iron Limited
4.79
1.75
57.57%
AU:AIS
Aeris Resources Limited
0.40
0.20
97.50%
OM Holdings Ltd. Corporate Events
OM Holdings Stays Profitable and Tightens Balance Sheet in Tough FY2025
Feb 27, 2026
OM Holdings reported FY2025 revenue of US$636.3 million, down 3% year on year, as weaker ferrosilicon and manganese alloy prices compressed gross margins to 9.8% and reduced EBITDA to US$50.7 million. Despite tougher pricing and softer steel deman...
OM Holdings Profits Slump as Margins Compress Despite Higher Volumes
Feb 27, 2026
OM Holdings has reported a sharp earnings slowdown for the year to 31 December 2025, as weaker average selling prices squeezed margins despite higher sales volumes. Revenue dipped 3% to US$636.3 million while gross margin fell from 17.3% to 9.8%, ...
OM Holdings Restarts Qinzhou Manganese Smelter After Prolonged Shutdown
Jan 29, 2026
OM Materials (Qinzhou) Co., Ltd., a joint venture in which OM Holdings now holds a 40% stake alongside majority partner Shaanxi Sinian Metal Mining, has successfully recommissioned its Qinzhou smelter and sinter plant after a production shutdown ...
OM Holdings’ ZAR 1.86bn Ntsimbintle Stake Sale Turns Unconditional
Jan 29, 2026
OM Holdings Limited has confirmed that the sale of its 26% interest in Ntsimbintle Mining Proprietary Limited to Exxaro Resources for ZAR 1.86 billion (about US$101.4 million) is now unconditional, with all suspensive conditions under the binding ...
OM Holdings’ ZAR 1.86bn Ntsimbintle Stake Sale Turns Unconditional
Jan 29, 2026
OM Holdings Limited has confirmed that the previously announced sale of its subsidiary OMH (Mauritius) Corp’s 26% stake in South Africa’s Ntsimbintle Mining Proprietary Limited, for ZAR 1.86 billion (around US$101.4 million), has now b...
OM Holdings Advances Sale of Tshipi Manganese Mine Stake
Dec 2, 2025
OM Holdings Limited has announced significant progress in selling its 26% interest in Ntsimbintle Mining Proprietary Limited to Exxaro Resources Limited, with key regulatory and shareholder approvals secured. This transaction, valued at approximat...
OM Holdings Updates on Sale of Ntsimbintle Mining Stake
Dec 2, 2025
OM Holdings Limited has announced an update on the sale of its 26% interest in Ntsimbintle Mining Proprietary Limited for approximately US$101.4 million. The transaction has met several key conditions, including approvals from South African author...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.