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When you look at NYSE:OC, it's hard to ignore the strong fundamentals, especially considering its likely undervaluation.

By Mill Chart

Last update: Mar 19, 2024

Discover OWENS CORNING (NYSE:OC), an undervalued stock highlighted by our stock screener. NYSE:OC showcases solid financial health and profitability while maintaining an appealing valuation. We'll explore the details.

Assessing Valuation Metrics for NYSE:OC

ChartMill assigns a proprietary Valuation Rating to each stock. The score is computed by evaluating various valuation aspects, like price to earnings and free cash flow, both absolutely as relative to the market and industry. NYSE:OC was assigned a score of 7 for valuation:

  • OC is valuated reasonably with a Price/Earnings ratio of 10.99.
  • 95.56% of the companies in the same industry are more expensive than OC, based on the Price/Earnings ratio.
  • OC is valuated cheaply when we compare the Price/Earnings ratio to 25.68, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 11.02, the valuation of OC can be described as very reasonable.
  • Based on the Price/Forward Earnings ratio, OC is valued cheaply inside the industry as 93.33% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of OC to the average of the S&P500 Index (22.14), we can say OC is valued rather cheaply.
  • 97.78% of the companies in the same industry are more expensive than OC, based on the Enterprise Value to EBITDA ratio.
  • OC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. OC is cheaper than 66.67% of the companies in the same industry.
  • The decent profitability rating of OC may justify a higher PE ratio.

Analyzing Profitability Metrics

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NYSE:OC has achieved a 7:

  • OC has a better Return On Assets (10.64%) than 66.67% of its industry peers.
  • With a decent Return On Equity value of 23.15%, OC is doing good in the industry, outperforming 71.11% of the companies in the same industry.
  • OC has a better Return On Invested Capital (15.25%) than 71.11% of its industry peers.
  • The 3 year average ROIC (14.40%) for OC is below the current ROIC(15.25%), indicating increased profibility in the last year.
  • With a decent Profit Margin value of 12.36%, OC is doing good in the industry, outperforming 75.56% of the companies in the same industry.
  • In the last couple of years the Profit Margin of OC has grown nicely.
  • With a decent Operating Margin value of 18.52%, OC is doing good in the industry, outperforming 75.56% of the companies in the same industry.
  • OC's Operating Margin has improved in the last couple of years.
  • In the last couple of years the Gross Margin of OC has grown nicely.

Analyzing Health Metrics

Every stock is evaluated by ChartMill, receiving a Health Rating on a scale of 0 to 10. This assessment considers different health aspects, including liquidity and solvency, both in absolute terms and relative to industry peers. NYSE:OC has achieved a 5 out of 10:

  • OC has an Altman-Z score of 3.51. This indicates that OC is financially healthy and has little risk of bankruptcy at the moment.
  • OC has a debt to FCF ratio of 2.55. This is a good value and a sign of high solvency as OC would need 2.55 years to pay back of all of its debts.

Deciphering NYSE:OC's Growth Rating

Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NYSE:OC boasts a 4 out of 10:

  • The Earnings Per Share has grown by an nice 12.73% over the past year.
  • The Earnings Per Share has been growing by 24.02% on average over the past years. This is a very strong growth

More Decent Value stocks can be found in our Decent Value screener.

Check the latest full fundamental report of OC for a complete fundamental analysis.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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OWENS CORNING

NYSE:OC (5/24/2024, 7:04:00 PM)

After market: 181.35 0 (0%)

181.35

+4.68 (+2.65%)

OC News

News Image5 days ago - Owens CorningOwens Corning Announces Early Settlement Date for Exchange Offer and Consent Solicitation
News Image10 days ago - Owens CorningOwens Corning Completes Acquisition of Masonite, Strengthening Leadership in Building and Construction Materials
News Image11 days ago - Owens CorningOwens Corning and Masonite Announce Successful Results of Early Participation in and Amend the Terms of Exchange Offer and Consent Solicitation
News Image12 days ago - Owens CorningOwens Corning and Masonite Announce the Extension of the Expiration Time and Early Participation Deadline for Tender Offer and Consent Solicitation
News Image13 days ago - The Motley Fool3 Industrial Stocks to Buy at a Discount

A multi-industry industrial company, an aerospace supplier, and a building materials company all look like good values now.

News Image22 days ago - The Motley Fool3 Companies Growing Shareholder Value Through Aggressive Stock Buybacks

These energy and industrial companies pay dividends and are rewarding shareholders with stock repurchases.

News Image24 days ago - Owens CorningOwens Corning Commences Exchange Offer and Masonite Commences Consent Solicitation
News Imagea month ago - Owens CorningOwens Corning Announces Expiration of Hart-Scott-Rodino Waiting Period for Planned Acquisition of Masonite
News Imagea month ago - Owens CorningOwens Corning and Masonite Extend Early Participation Deadline and Announce Successful Results of Early Participation in Tender Offer and Consent Solicitation
News Imagea month ago - InvestorPlaceOC Stock Earnings: Owens-Corning Beats EPS, Beats Revenue for Q1 2024

OC stock results show that Owens-Corning beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.

News Imagea month ago - Owens CorningOwens Corning Delivers Net Sales of $2.3 Billion; Generates Net Earnings of $299 Million and Adjusted EBIT of $438 Million
News Imagea month ago - Owens CorningOwens Corning Commences Tender Offer and Masonite Commences Consent Solicitation
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