OIO Group Ordinary Shares (OIO)

FairStock Score: 30/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Mr. Market is offering OIO at $1.71 as of 2026-10-13, valuing the equity at $102.8M. A waste treatment and recycling business can have a durable niche, particularly when it handles hazardous industrial waste from pharmaceutical, semiconductor, petrochemical, and electroplating customers. But I must judge the numbers before the story. The supplied data show a company losing money: FairStock's P/E is -1.68, ROE is -23.18%, and ROCE is -7.87%. Negative returns on capital mean retained earnings are not compounding; they are eroding. The balance sheet carries debt-to-equity of 0.46, while FairStock's Altman Z-score is -1.03, a distress signal. Its Piotroski F-score is 1/9, indicating very weak fundamental momentum. Price-to-book is 5.34, so at the 2026-10-13 close we are paying more than five times book for a money-losing enterprise. The FairStock Score is 30/100, and the Lynch category is none because there are only 0 years of filed results versus the 3 needed—this undermines any reliable growth classification. The 52-week range of $1.36 to $8.79 and beta of 1.45 show severe volatility. A Graham-style investor wants a margin of safety. Here, absent revenue and profit growth data, negative returns, high price-to-book, and poor scores, no margin of safety is evident. The specialized assets and recycled metals exposure could be valuable if profitability returns, but without consistent filed profits this is speculation, not investment. I would need positive ROCE, an improving F-score, and a sturdier balance sheet before intrinsic value could be estimated. At this price, the market is not paying me to take the risk.

In plain English: OIO Group collects, treats, and recycles industrial waste and sells recovered materials such as zinc and precious metals. The business looks weak right now: it is losing money, earns poor returns, and carries moderate debt, while the price is high compared with its book value. Based on the numbers provided, the shares do not look cheap; they look expensive for a money-losing company.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer