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OM Holdings Ltd. (AU:OMH)
ASX:OMH
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OM Holdings Ltd. (OMH) AI Stock Analysis

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AU:OMH

OM Holdings Ltd.

(Sydney:OMH)

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Neutral 46 (OpenAI - Gpt-5.6Sol)
Rating:46Neutral
Price Target:
AU$0.20
▼(-22.69% Downside)
Action:Reiterated
Date:08/29/26
The score is held down primarily by weakened financial performance—especially the sharp 2025 revenue/margin deterioration and the swing to negative operating and free cash flow. Technicals also reflect a downtrend (price below major moving averages, negative MACD, low RSI). The main offset is valuation, with a very low P/E suggesting the stock is priced cheaply relative to earnings, but fundamentals and momentum currently dominate the risk profile.
Positive Factors
Manageable Leverage
Leverage is currently moderate relative to equity, reducing balance-sheet strain and preserving some capacity to absorb operating volatility or fund recovery initiatives if cash generation improves.
Negative Factors
Severe Revenue Contraction
A collapse of this scale materially weakens operating leverage, customer or market exposure, and the ability to spread fixed costs. Sustained lower revenue would make restoring profitability and cash generation more difficult.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable Leverage
Leverage is currently moderate relative to equity, reducing balance-sheet strain and preserving some capacity to absorb operating volatility or fund recovery initiatives if cash generation improves.
Read all positive factors

OM Holdings Ltd. (OMH) vs. iShares MSCI Australia ETF (EWA)

OM Holdings Ltd. Business Overview & Revenue Model

Company Description
OM Holdings Limited functions as an investment holding company, undertaking a diverse range of activities including the extraction, processing, trading, and marketing of manganese ores and ferroalloys. Its operations are structured into distinct M...

OM Holdings Ltd. Financial Statement Overview

Summary
Operating performance and cash generation weakened materially. Revenue fell sharply in 2025 (~64% YoY) with significant margin compression and a very thin net margin (~0.4%). Cash flow is the biggest red flag: operating and free cash flow turned negative in 2025. The balance sheet is comparatively steadier with manageable leverage (debt-to-equity ~0.52–0.54), but low recent ROE (~0.6% in 2025) shows limited profitability from the asset base.
Income Statement
42
Neutral
Balance Sheet
64
Positive
Cash Flow
33
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue594.48M658.49M654.29M589.24M859.84M1.04B
Gross Profit64.61M57.67M113.13M112.99M207.10M279.57M
EBITDA38.27M46.56M58.32M64.85M150.11M200.78M
Net Income33.75M2.43M8.73M18.14M66.88M81.91M
Balance Sheet
Total Assets790.30M836.00M941.27M940.94M1.30B1.30B
Cash, Cash Equivalents and Short-Term Investments48.81M23.89M67.91M102.27M91.63M97.73M
Total Debt184.38M215.78M225.38M270.81M379.34M416.73M
Total Liabilities330.84M407.98M521.09M526.32M714.28M678.35M
Stockholders Equity451.87M419.94M416.60M411.36M581.85M505.27M
Cash Flow
Free Cash Flow-117.37M-41.69M43.34M-17.57M157.00M63.60M
Operating Cash Flow-112.56M-36.07M52.86M14.49M196.96M72.61M
Investing Cash Flow123.56M4.96M-9.54M-16.28M-215.07M9.54M
Financing Cash Flow-4.32M-17.27M-43.89M13.27M-77.84M-34.70M

OM Holdings Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.26
Price Trends
50DMA
0.22
Negative
100DMA
0.24
Negative
200DMA
0.25
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
36.56
Neutral
STOCH
<0.01
Positive
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 0.22, above the 50-day MA of 0.22, and above the 200-day MA of 0.25, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 36.56 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, 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

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
50
Neutral
AU$254.31M-4.60-66.87%22.99%
46
Neutral
AU$156.69M3.347.74%3.70%-13.27%
46
Neutral
AU$255.41M-0.88-30.65%6.78%32.51%
46
Neutral
AU$153.28M-5.28-54.77%-4.13%5.02%
45
Neutral
AU$92.28M-53.85-1.99%81.34%
43
Neutral
AU$326.99M-10.64-10.21%11.67%294.23%37.64%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:OMH
OM Holdings Ltd.
0.21
-0.06
-22.35%
AU:SYR
Syrah Resources
0.11
-0.13
-54.55%
AU:ARL
Ardea Resources
0.42
-0.04
-8.70%
AU:TLG
Talga Group
0.30
-0.17
-35.48%
AU:ASM
Australian Strategic Materials Ltd
1.17
0.63
116.67%
AU:WTM
Battery Minerals Ltd.
0.66
-0.08
-11.49%

OM Holdings Ltd. Corporate Events

OM Holdings swings to profit as margins rise and debt falls
Aug 27, 2026
OM Holdings Limited reported a sharp turnaround in financial performance for the half-year ended 30 June 2026, posting a profit after tax of US$26.3 million versus a US$9.6 million loss a year earlier, supported by a jump in EBITDA to US$87.0 mill...
OM Holdings Secures Long-Term Manganese Offtake from Element 25
Aug 3, 2026
OM Holdings&#8217; subsidiary OM Materials (S) Pte Ltd has entered into a long-term binding take-or-pay offtake agreement with Element 25 for manganese concentrate from the Butcherbird Mine in Western Australia. The deal covers 100% of concentrate...
OM Holdings Updates Bermuda Registered Office and Share Registry Address
Aug 3, 2026
OM Holdings Limited has changed the address of its Bermuda registered office and principal share registry to 12 Par-la-Ville Road, Hamilton HM 08, Bermuda, effective immediately. All other contact details and branch share registries in Australia a...
OM Holdings Director Low Ngee Tong Increases Indirect Shareholding
Jul 8, 2026
OM Holdings Limited has disclosed a change in the shareholding of director Low Ngee Tong, in line with ASX requirements for director interest notices. The filing details both his direct and indirect stakes in the company&#8217;s ordinary shares an...
OM Holdings Director Increases Stake with On‑Market Share Purchase
Jul 2, 2026
OM Holdings director Low Ngee Tong has increased his indirect shareholding in the company, acquiring 100,000 OMH ordinary shares on market at A$0.225 per share. Following the transaction, Low now holds 59,141,231 shares via HSBC Custody Nominees (...
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.Date of analysis: Aug 29, 2026