Owens Corning (OC)
Owens Corning Statistics
Share Statistics
Owens Corning has 85.54M shares outstanding. The number of shares has increased by -1.29% in one year.
| Shares Outstanding | 85.54M |
| Shares Change (YoY) | -1.29% |
| Shares Change (QoQ) | -0.28% |
| Owned by Institutions (%) | 87.35% |
| Shares Floating | 84.67M |
| Failed to Deliver (FTD) Shares | 11 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 1.23M, so 1.44% of the outstanding shares have been sold short.
| Short Interest | 1.23M |
| Short % of Shares Out | 1.44% |
| Short % of Float | 1.89% |
| Short Ratio (days to cover) | 1.19 |
Valuation Ratios
The PE ratio is 22.9 and the forward PE ratio is 8.29. Owens Corning's PEG ratio is -0.52.
| PE Ratio | 22.9 |
| Forward PE | 8.29 |
| PS Ratio | 1.35 |
| Forward PS | 1 |
| PB Ratio | 2.92 |
| P/FCF Ratio | 7.83 |
| PEG Ratio | -0.52 |
Enterprise Valuation
Owens Corning has an Enterprise Value (EV) of 14.96B.
| EV / Sales | 1.36 |
| EV / EBITDA | 13.27 |
| EV / EBIT | 7.91 |
| EV / FCF | 7.91 |
Financial Position
The company has a current ratio of 1.47, with a Debt / Equity ratio of 0.1.
| Current Ratio | 1.47 |
| Quick Ratio | 0.78 |
| Debt / Equity | 0.1 |
| Debt / EBITDA | 0.44 |
| Debt / FCF | 0.26 |
| Interest Coverage | 5.32 |
Financial Efficiency
Return on Equity is 12.74% and Return on Invested Capital is 6.63%.
| Return on Equity | 12.74% |
| Return on Assets | 4.6% |
| Return on Invested Capital | 6.63% |
| Revenue Per Employee | $439K |
| Profits Per Employee | $25.88K |
| Employee Count | 25,000 |
| Asset Turnover | 0.78 |
| Inventory Turnover | 4.87 |
Taxes
| Income Tax | 275M |
| Effective Tax Rate | 30.02% |
Stock Price Statistics
The stock price has increased by -18.25% in the last 52 weeks. The beta is 1.39, so Owens Corning's price volatility has been higher than the market average.
| Beta | 1.39 |
| 52-Week Price Change | -18.25% |
| 50-Day Moving Average | 149.34 |
| 200-Day Moving Average | 171.05 |
| Relative Strength Index (RSI) | 45.08 |
| Average Volume (20 Days) | 1.11M |
Income Statement
In the last 12 months, Owens Corning had revenue of 10.97B and earned 647M in profits. Earnings per share was 7.44.
| Revenue | 10.97B |
| Gross Profit | 3.25B |
| Operating Income | 1.13B |
| Net Income | 647M |
| EBITDA | 1.13B |
| EBIT | 1.13B |
| Earnings Per Share (EPS) | 7.44 |
Balance Sheet
The company has 361M in cash and 500M in debt, giving a net cash position of -139M.
| Cash & Cash Equivalents | 361M |
| Total Debt | 500M |
| Net Cash | -139M |
| Retained Earnings | -691M |
| Total Assets | 14.07B |
| Working Capital | 1.08B |
Cash Flow
In the last 12 months, operating cash flow was 1.89B and capital expenditures 0, giving a free cash flow of 1.89B.
| Operating Cash Flow | 1.89B |
| Capital Expenditures | 0 |
| Free Cash Flow | 1.89B |
| FCF Per Share | 21.75 |
Margins
Gross margin is 29.65%, with operating and profit margins of 10.27% and 5.9%.
| Gross Margin | 29.65% |
| Operating Margin | 10.27% |
| Pretax Margin | 8.35% |
| Profit Margin | 5.9% |
| EBITDA Margin | 10.27% |
| EBIT Margin | 10.27% |
| FCF Margin | 17.24% |
Dividends & Yields
OC pays an annual dividend of $2.58, which amounts to a dividend yield of 1.85%.
| Dividend Per Share | $2.58 |
| Dividend Yield | 1.85% |
| Dividend Growth (YoY) | 15% |
| Payout Ratio | 35.01% |
| Earnings Yield | 4.37% |
| FCF Yield | 12.77% |
Analyst Forecast
The average price target for OC is $197, which is 43.8% higher than the current price. The consensus rating is "Buy".
| Price Target | $197 |
| Price Target Difference | 43.8% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
Scores
| Altman Z-Score | 1.87 |
| Piotroski F-Score | 7 |