Deep Value: cash covers more than 100% of the stock price

This company holds roughly $262M in cash and investments — more than its entire stock-market value, based on its latest quarterly filing. You're paying very little for the actual business. Sometimes that's a genuine bargain or a takeover target, sometimes it's cheap for a reason. Not a buy signal on its own — always ask why it's this cheap.

Oriola Oyj

0NES.L

Medical - Distribution · Healthcare

Exchange

London Stock Exchange

Winston Score

Winston is worried

Below-average fundamentals — multiple weak pillars.

Data as of Aug 23, 2026 · filings through Jun 30, 2026

How the score breaks down

Quality

Weak

Growth

Mixed

Cash Flow

Weak

Stability

Mixed

Valuation

Data not available

Dividends

Mixed

Track this stock — start free trial

Winston Score History

The full picture

Oriola Oyj is a Finnish healthcare company that delivers medicines and health products to pharmacies, hospitals, and healthcare providers. It acts as a middleman — buying drugs from pharmaceutical manufacturers and distributing them to the places where patients actually get their medicine. The company operates mainly in Finland and Sweden, two of the Nordic countries in northern Europe.

Oriola makes money by taking a small margin on each product it moves through its distribution network. With a gross margin of just 3.4%, the business runs on thin profits and high volumes, which is typical for pharmaceutical distributors. Its main competitive advantage is its established logistics infrastructure and long-term contracts with pharmacy chains in the Nordics. The key risk is that regulatory changes to pharmacy pricing or drug reimbursement rules in Finland or Sweden could quickly squeeze already-thin margins, making profitability difficult to sustain.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-89.8% YoY

YoY Growth Rate

Revenue declining

EPS Growth

+77.1% YoY

YoY Growth Rate

EPS growth accelerating

Insider Activity

38.3%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Runway

~4 years

£297M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

£297M cash & investments at current burn rate

Revenue declining

Oriola Oyj's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

0.8%

Thin — 0.8% gross margin

Profit after running costs

Operating Margin

1.2%

Thin — 1.2% operating margin

Return on the money invested

ROCE

5.8%

Weak — 5.8% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

-41.5%

Shrinking sales (-41.5% YoY)

Profit growth

EPS YoY

N/A

Data not available

How steady the profit is

EPS Consistency

5/8 quarters

Mixed — about half the quarters showed growth

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

N/A

Data not available

Spare cash per sale

FCF Margin

-0.5%

Burning cash (-0.5%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

0.80

Moderate — manageable debt (0.80)

Covers its interest

Interest Cover

1.30x

Dangerous — barely covers interest (1.3x)

Interest coverage between 1 and 3. Profits cover interest, but with little room to spare.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

N/M

no trend

Negative earnings — P/E not meaningful

Cheaper or dearer next year

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend

Dividend Yield

3.34%

no trend

Moderate income — 3.34% yield

Standard yield zone for stable dividend payers. A meaningful piece of total return.

Dividend record

Dividend Growth

-8.0%

no trend

Dividend cut (-8.0% YoY) — warning sign

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial