Olam Group trims net gearing to 0.93 times, while Olam Group stock costs EUR 0.63

Olam Group (ISIN SGXE65760014) cut net gearing to 0.93 times in the first half of 2026, compared with 2.09 times a year earlier, according to the company's August 14, 2026 release. Olam Group stock was trading at EUR 0.63 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST.

Deleveraging reshapes the half-year picture

Olam Group reported profit after tax and minority interest of SGD 1.9 billion for the first half of 2026, up 488.70 percent from the prior-year period. The release identified a SGD 1.75 billion one-off gain from the disposal of a stake in Olam Agri, the sale of Mindsprint and fair-value effects. Operational profit after tax and minority interest from continuing operations rose by SGD 84.7 million to SGD 64.4 million.

The balance-sheet change is more relevant for the stock than the headline profit figure. Net gearing fell from 2.09 times to 0.93 times as divestment proceeds reduced net debt and working-capital borrowing at ofi and Olam Global Holdco.

Singapore trading frame remains wide

On the Singapore Exchange, Olam Group last traded at SGD 0.89 on October 23, 2026, with 4,379,800 shares traded. The 52-week range was SGD 0.81 to SGD 1.46, placing the latest Singapore quotation below the upper end of that range. The company's market capitalization was SGD 3.4 billion as of October 23, 2026.

Valuation and the next reporting date

Olam Group's trailing P/E was 1.33 and its dividend yield was 8.00 percent as of October 24, 2026. The valuation reflects the unusual first-half earnings mix, because the SGD 1.9 billion profit included the identified one-off gain while operating profit was SGD 64.4 million.

TradingView lists March 4, 2027 as the next earnings date for Olam Group. That date gives investors a defined checkpoint for the sustainability of the lower gearing level and the operating result.

Business structure after the disposals

Olam Group owns 100 percent of ofi and Olam Global Holdco and holds an 18.19 percent interest in Olam Agri. The company describes ofi, Olam Agri and Olam Global Holdco as its three operating groups, with food and beverage ingredients and solutions at the center of its remaining business.

Trading stays below the yearly high

The Singapore quotation, the euro indication and the half-year figures point to different aspects of the same investment case. Lower gearing improves the balance-sheet profile, while the one-off gain makes the reported profit less representative of recurring operations. The next results date is therefore the clearest scheduled test of operating performance.

The further course of trading is shown by the continuously updated real-time quote of Olam Group stock.

Market context: Current market reports.

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