Should I buy Olam International stock in 2025?

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At HelloSafe, our expert has been tracking the performance of Olam International for over three years. Every month, hundreds of thousands of users in Singapore trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment recommendations. In accordance with our ethical charter, we have never been, and will never be, compensated by Olam International.

What is Olam International?

How much is Olam International stock?

The price of Olam International stock is rising this week. The current share price stands at SGD 0.995, with a 24-hour change of -0.50% and a strong weekly gain of +14.37%. Olam International holds a market capitalization of SGD 3.74 billion and averages 2.57 million shares traded daily (3-month average). Its P/E Ratio is 70.22, dividend yield registers at 6.03%, and the stock exhibits a relatively low beta of 0.63. The recent performance points to growing investor interest while reflecting both opportunity and measured volatility in the SG market.

Our full analysis of the Olam International stock

After a thorough review of Olam International’s latest financial results and a close examination of its share price performance over the last three years, our proprietary analysis models integrate financial indicators, technical signals, market data, and competitive trends. By synthesizing this cross-disciplinary intelligence, we aim to reveal the key dynamics shaping Olam International’s trajectory. So, why might Olam International stock once again become a strategic entry point into the global agri-food and supply chain sector in 2025?

Recent performance and market context

Olam International has experienced notable price action in 2025. As of early July, the stock trades at SGD 0.995, having surged 14.37% this week despite being down 13.91% year-on-year and 17.67% over the past six months. This rebound is supported by strong fundamentals: FY2024 revenue reached SGD 56.26 billion (+16% vs 2023), in part driven by robust global demand for food and agri-products, supply chain resilience, and the company’s ongoing business transformation. Key positive events include the sale of a 64.57% stake in Olam Agri to SALIC, which will generate around USD 2.58 billion for debt reduction and unlock strategic value. Olam International’s investor profile is further supported by a dividend yield of 6.03% and its position as a constituent of multiple global ESG indices, strengthening its appeal among sustainability-focused SG investors. The broader agri-food sector in Asia remains buoyed by growing demand, food security policy support, and Singapore’s emergence as a regional innovation hub.

Technical analysis

Technical indicators for Olam International currently convey an emerging bullish undertone. The Relative Strength Index (RSI) stands at 63.69—neutral but showing upward momentum, while the MACD has turned positive (+0.020), signaling a renewed buying trend. Moving averages all flash “buy” signals except the 200-day, with short-, mid-, and medium-term averages (MA 10d, 20d, 50d, 100d) supporting the current upswing. Important support is observed at SGD 0.945 and 0.900; nearby resistance is at SGD 1.00, with a further barrier at the 52-week high of SGD 1.29. Overall, the technical consensus is “neutral with a bullish bias,” suggesting that renewed interest and recent upward momentum have created a favorable environment for new positions, especially at these pre-breakout levels.

Fundamental analysis

From a fundamental perspective, Olam International stands out as a sector-leading value candidate. FY2024 saw revenue rise 16.27% to SGD 56.26 billion, driven by growth in both the Olam Food Ingredients (OFI) and Olam Agri segments. EBIT expanded by 9.2% to SGD 1.94 billion, while net income declined to SGD 86.4 million—primarily due to restructuring expenses and higher finance costs as part of its transformation. Margins are understandably thin (net margin 0.15%), yet core cash flows remain robust. The group’s price-to-earnings ratio sits high at 70.22, reflecting the temporary profit dip and investors’ confidence in the success of upcoming structural shifts.

Valuation appears highly compelling: P/B at 0.59 and P/S at 0.07 both signal that shares are trading at a significant discount relative to net assets and sales, exposing an opportunity for re-rating. Olam International’s business model leverages sectoral innovation, global scale, and market leadership to deliver sustainable growth. The successful execution of its focus on high-margin food ingredients (OFI) and the realignment of its core business set the stage for improved profitability and return on equity. An international brand, a controlling presence in key global supply chains, and deep partnerships (notably Temasek, Mitsubishi, and SALIC) reinforce its structural strength and adaptability.

Volume and liquidity

Market confidence is further highlighted by Olam International’s steady liquidity profile. The stock maintains an average daily volume of 2.57 million shares over the past three months, allowing for efficient entry and exit. With a market capitalization of SGD 3.74 billion and a free float of about 26%, the stock is accessible and actively traded, suitable for both institutional and retail participants in Singapore. This sound liquidity ensures dynamic valuation and responsiveness to positive news or market catalysts, supporting its case as a nimble asset in well-constructed portfolios.

Catalysts and positive outlook

• Strategic asset sale: The Olam Agri transaction (to SALIC) injects over USD 2.5 billion, accelerating deleveraging, lowering financial costs, and setting the stage for a stronger balance sheet.
• Potential OFI dual IPO: The anticipated listing of Olam Food Ingredients in Singapore/Europe could unlock further value and global exposure.
• Special dividends: Proceeds from the asset sale may be partially returned to shareholders as special dividends, directly boosting total return.
• Growth in Ingredients & Solutions: Expansion in high-margin food ingredients provides resilience and profit upside as consumer trends evolve.
• ESG leadership: Continued FTSE4Good inclusion and ESG commitment broadens the appeal to institutional and sustainability-driven investors.
• Sector trends: Food security and supply chain innovation remain top priorities for governments and corporates, buttressing demand.

These catalysts combine with positive market sentiment and sector dynamics—such as rising consumption in Asia, Singapore’s strategic role as a trading hub, and an increasing appetite for agri-food investments globally—to strengthen the investment case.

Investment strategies

• Short term: The recent technical uptrend and strong support around SGD 0.945–0.900 suggest attractive buying conditions for tactical investors, with immediate upside targets near SGD 1.00 and SGD 1.29.
• Medium term: Those looking to position ahead of key events—such as the OFI IPO, further restructuring moves, or dividend announcements—may benefit from incremental accumulation, as valuation multiples remain depressed relative to the group’s potential earning power.
• Long term: For SG-based investors, Olam International’s defensive sector, strong brand, vast operational reach, and access to world-class partnerships create a solid foundation for capital growth and income. The pivot to higher-margin businesses and strengthened balance sheet provide the visibility and confidence necessary for multi-year holdings.

Careful entry at technical lows, or in anticipation of the next structural catalyst, seems to represent an excellent opportunity for a broad spectrum of investors.

Is it the right time to buy Olam International?

With its sector leadership, global reach, and strategic transformation underway, Olam International stands at the threshold of a new phase of value creation. The underlying fundamentals justify renewed interest: attractive valuation, substantial dividend yield, robust growth in the core food ingredients business, and a greatly improved balance sheet. Burgeoning volume, technical signals, and multiple near-term catalysts all point to a stock primed for re-rating. For investors seeking a unique combination of defensive income and growth upside in the agri-food sector, Olam International seems to represent an outstanding opportunity to build a long-term position as the company enters a new era of profitability and resilience.

The positive momentum and the imminent catalysts highlight why now appears to be an ideal time to seriously consider Olam International as a key portfolio holding for the SG market in 2025 and beyond.

How to buy Olam International stock in Singapore?

Buying Olam International stock online is both simple and secure for retail investors in Singapore, thanks to the reliability of regulated brokers operating under MAS supervision. You can choose between two main methods: traditional spot buying (outright purchase of shares listed on SGX) or via Contracts for Difference (CFDs), which allow you to speculate on price movements without owning the underlying shares. Both methods can be executed easily on web or mobile platforms, and your capital is protected by regulatory standards. To help you make the right choice, a broker comparison is provided further down the page.

Spot buying

A cash purchase (also called spot buying) means you become a direct shareholder of Olam International by buying the shares at their current market price on the Singapore Exchange. Typically, local brokers charge a fixed commission per order, usually around SGD 5 to SGD 10, in addition to the trade value.

Gain scenario

For example, if the Olam International share price is SGD 0.995, you can buy around 1,003 shares with a SGD 1,000 stake, including a brokerage fee of around SGD 5.

If the share price rises by 10%, your shares are now worth SGD 1,100.

Result: +SGD 100 gross gain, i.e. +10% on your investment.

Trading via CFD

CFD trading lets you benefit from Olam International share price movements without owning the actual shares. Instead, you trade a contract with your broker that mirrors the stock’s performance. CFD trades typically involve a spread (the broker's markup on buy/sell prices) and, if you keep positions open overnight, overnight financing costs. CFDs also allow for leverage, which amplifies both potential gains and risks.

Example of a gain scenario with leverage

For example, you open a CFD position on Olam International shares, with 5x leverage and a SGD 1,000 initial stake.
This gives you a market exposure of SGD 5,000.

Gain scenario:
If the stock rises by 8%, your position gains 8% × 5 = 40%.
Result: +SGD 400 gain, on a bet of SGD 1,000 (excluding fees).

Final advice

Before investing, it is essential to compare the fees, commission structures and trading conditions of different brokers, as these factors impact your net returns. Your decision to buy Olam International shares directly or via CFD should be based on your investment objectives, risk tolerance, and trading style. For a detailed comparison of available brokers and their offers, refer to the table further down the page.

Our 7 tips for buying Olam International stock

The latest news about Olam International

Olam International shares soared 14.37% this week following the strategic sale of a majority stake in Olam Agri to SALIC. On 1 July 2025, Olam International completed the divestment of 64.57% of its Olam Agri business to the Saudi Agricultural and Livestock Investment Company (SALIC) for USD 2.58 billion, a valuation 14% above the predecessor deal in 2022. The transaction substantially strengthens Olam International’s balance sheet, as the proceeds will be used primarily to reduce debt by close to USD 2 billion, supporting a significant reduction in financial costs and positioning the group with a near net-cash status post-sale.

Olam International’s Q2 trading update reveals robust revenue growth and margin improvement in its Ingredients business. The company reported a 16% revenue increase year-on-year for 2024, reaching SGD 56.3 billion, with EBIT up 9.2% to SGD 1.94 billion. Especially noteworthy is the EBIT growth of 29.1% in Olam Food Ingredients (ofi), confirming the strategic focus on higher-margin segments. These results reinforce confidence in the group’s ongoing transformation and profitability prospects, which resonate positively in Singapore’s investment community.

Consensus analyst target price for Olam International was reaffirmed at SGD 1.24, implying a 24.6% upside versus the latest close. After factoring in the completed Olam Agri divestment, major research houses and local brokerages updated their models, maintaining a bullish stance supported by improved leverage metrics and a high dividend yield of 6.03%. The stock’s price-to-book remains an attractive 0.59, and Olam continues to be a component in Singapore’s leading indices, including FTSE4Good and MSCI World ESG.

Technical indicators over the past week have shifted to a bullish configuration across multiple timeframes. Olam International ’s stock is trading above its 10, 20, 50, and 100-day moving averages, with 11 technical buy signals versus only 2 sell signals. The MACD remains positive, and momentum is clearly supported by strong institutional interest. Price action has established SGD 0.945 as a key support and a breakout above SGD 1.00 as immediate resistance, attracting active participation on the Singapore Exchange.

Singapore market participants benefit from full dividend tax exemption and continued eligibility for CPF and SRS investment schemes. Olam International maintains its position as a favored defensive income pick, distributing SGD 0.06 per share annually (yielding 6.03%), with dividends entirely tax-free for Singapore residents under Section 13B of the Income Tax Act. Additionally, its inclusion in CPF and SRS eligible lists continues to foster domestic investor interest in the group’s sustainable growth strategy.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.