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Oci NVOCI.ASCompetitor analysis, valuation and peers

Netherlands · EUR·Materials›Chemicals: Agricultural
Momentum neutral 56
Mkt cap
$967M
US dollars, full cap
Free float
34%
of shares outstanding
$/day
$1.49M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-6.4 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Next earnings
102 days
16 Feb 2027
Close · EUR€4.09
1D-0.3%
1W-0.3%
1M-1.0%
3M+0.9%
6M+7.8%
YTD+33.7%
1Y+23.6%
ATR %0.9%
52w lowhigh3.5% off high

What Oci does

Employees: 761

Oci at a glance

Size Oci (OCI.AS) is a Netherlands Materials company (Chemicals: Agricultural) with a market value of $967M, the 48th largest of 61 Netherlands companies the cockpit tracks. Shares closed at €4.09 on 6 Nov 2026.

Performance Over six months the shares gained 7.8%, against -22.5% for the median peer and +0.4% for the Netherlands market (cap-weighted) — 5th highest of 21 in its peer set.

Growth Revenue fell 81.3% over the last twelve months (peer median +8.9%); the operating margin is -4.4% (peer median 6.0%).

Valuation It trades at 1.9× enterprise value to sales against a peer median of 1.6× (7th most expensive of 20).

Capital Return on invested capital runs 6.4 points below its cost of capital (5.0% WACC).

Next results Next results expected around 16 Feb 2027 (exchange calendar; dates can move).

Relative performance

809010011011 May 202611 Aug 20266 Nov 2026OCI.AS 108Peer median 78
Six months, rebased to 100: Oci against the median of its 20 peers (local-currency closes).

Oci financials

Reported figures in EUR; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue€445M€962M€901M€876M€3.53B
Revenue growth—+7%+3%-75%—
Gross profit€47.8M€21.0M€1.85M-€81.0M€402M
EBITDA€28.0M-€38.5M-€115M-€117M€417M
Net income-€214M-€248M€37.6M-€363M€1.18B
Free cash flow-€28.0M-€176M€136M€491M€2.96B
Capital expenditure€37.7M€107M€70.5M€152M€232M
Total debtn/a€132M€776M€2.08B€2.95B

Quarterly statements and history in the cockpit →

Oci competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-40%-20%0%000525ODCMBAPL600389NUFFMC029739839879002470UAN6002273016656033951722KRISHANA002734OCI.AS6-month return →1-month return →
Up and to the right = strong over both horizons. Oci is the large dot.

Fundamentals: revenue growth against valuation

-50%0%+50%0×2×4×000525ODCMBAPL600389NUFFMC02979879300505UAN0025381722KRISHANA002734EIDPARRYOCI.ASRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Oci is the large dot.

Oci competitors and peer comparison

How Oci compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Oci against its 20 peers (data as of 6 Nov 2026)
MeasureOCI.ASPeer medianRank in peer set
1-month return-1.0%-7.3%8th highest of 21
6-month return+7.8%-22.5%5th highest of 21
Distance from 52-week high-3.5%-40.3%4th highest of 21
Revenue growth (TTM)-81.3%+8.9%lowest of 21
Operating margin-4.4%6.0%5th lowest of 21
EV / Sales1.9×1.6×7th most expensive of 20
ROIC minus cost of capital-6.4 pp+0.1 pp5th lowest of 21
EV / EBITDA30.9×9.2×2nd most expensive of 9
Net debt / EBITDA0.0×1.0×5th least indebted of 11

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Oci OCI.ASNetherlands$967M+8%-81%-4%1.9×n/an/a
Nanjing Redsun 000525.SZChina$981M-10%+12%-2%2.7×12.2%-5.1%
Oil-Dri Corporation of America ODCUnited States$948M-9%+2%14%1.9×3.8%+10.1%
Madhya Bharat Agro Products MBAPL.NSIndia$944M+68%+48%10%4.8×n/an/a
Nantong Jiangshan Agrochemical & Chemicals 600389.SSChina$1.04B-44%+13%6%1.5×n/an/a
Nufarm NUF.AXAustralia$897M+40%-2%3%0.8×9.9%+5.2%
FMC FMCUnited States$876M-58%-22%-21%1.6×-2.8%-5.7%
Sinofert 0297.HKHong Kong$1.08B-25%+16%6%0.2×-18.5%+1.0%
China BlueChemical 3983.HKHong Kong$1.08B-32%+4%5%n/an/an/a
Migao 9879.HKHong Kong$1.08B+16%+27%8%1.3×-2.8%+23.4%
Kunming Chuan Jin Nuo Chemical 300505.SZChina$838M-34%+14%10%1.4×n/an/a
Kingenta Ecological Engineering 002470.SZChina$827M-39%+9%-5%1.1×n/an/a
CVR Partners, LP UANUnited States$1.16B-13%+7%21%2.4×-10.5%+11.6%
Guizhou Chitianhua 600227.SSChina$803M-22%-2%-5%2.7×10.3%+2.4%
CAC Nantong Chemical 301665.SZChina$1.17B-26%+27%13%1.6×-1.7%+11.9%
CNSIG Anhui Hongsifang Fertilizer 603395.SSChina$798M-23%+3%0%1.6×n/an/a
Anhui Sierte Fertilizer Industry 002538.SZChina$794M-15%+9%3%1.0×n/an/a
Taiwan Fertilizer 1722.TWTaiwan$1.18B-15%+4%-16%3.1×0.0%+3.5%
Krishana Phoschem KRISHANA.NSIndia$781M+79%+73%11%2.9×n/an/a
Limin 002734.SZChina$778M-37%-6%8%1.4×-1.2%+0.6%
E.I.D.-Parry (India) EIDPARRY.NSIndia$1.21B-24%+16%7%0.3×n/an/a

Questions

Which companies are Oci's closest peers?
The cockpit's peer set: Nanjing Redsun (000525.SZ), Oil-Dri Corporation of America (ODC), Madhya Bharat Agro Products (MBAPL.NS), Nantong Jiangshan Agrochemical & Chemicals (600389.SS), Nufarm (NUF.AX), FMC (FMC), Sinofert (0297.HK), China BlueChemical (3983.HK).
Is Oci expensive compared with its peers?
On ev / sales it trades at 1.9× against a peer median of 1.6×, 7th most expensive of 20 in its peer set.
How has Oci stock performed?
Over six months to 6 Nov 2026 the shares returned +7.8% against -22.5% for the median peer; over one year +23.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.