Strategic report / Portfolio KPIs
Portfolio key performance indicators
The following KPIs represent the performance of OCI's underlying Private Equity Funds, comprising the Origin series, which covers Small-mid Buyout, and the Flagship series, which covers Mid Buyout. The Venture Funds, comprising Touring I and PROfounders III, cover Growth Technology and Venture Capital respectively. These have been excluded from the information below as the performance of the Venture Funds is measured differently to the Private Equity Funds. Please see the Venture Funds section for more performance information.
Net debt/EBITDA ratio
4.2x
Importance
Represents the leverage of the underlying investments in which OCI indirectly invests, and the extent to which earnings cover net debt.
Performance
The Net debt/EBITDA ratio of OCI's underlying portfolio remains broadly consistent with prior periods, representing a cautious approach to leverage across the portfolio.
LTM EBITDA growth
13%
Importance
Demonstrates the organic earnings growth of the underlying portfolio companies, which drives the performance of OCI's investments.
Performance
Despite the macroeconomic uncertainties and market volatility during the year, the underlying portfolio companies remained resilient, resulting in a weighted average EBITDA growth of 13%.
EV/EBITDA multiple
16.3x
Importance
Helps investors determine the drivers of value in the company's underlying portfolio.
Performance
EV/EBITDA multiples remained relatively stable throughout the period, reflecting limited movement in industry-wide multiples due to persistent macroeconomic challenges and ongoing global uncertainty.
Average entry multiple
12.6x
Importance
A key metric in helping investors understand the cost of acquisitions.
Performance
Average entry multiples decreased compared to prior year with new investments being in sectors which typically see lower entry multiples.
Please see Glossary for definition of OCI’s key performance indicators.
Related content
Private Equity Funds
This section provides a detailed review of our flagship Private Equity Funds.
PROfounders III
In this section, we summarise the PROfounders III Fund and provide a review of each of its portfolio companies.
Touring I
In this section, we summarise the Touring I Fund and provide a review of each of its portfolio companies.