Owens Corning Stock Current Valuation
OC Stock | USD 167.21 3.06 1.86% |
Valuation analysis of Owens Corning helps investors to measure Owens Corning's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of March 28, 2024, Enterprise Value Multiple is expected to decline to 4.83. Fundamental drivers impacting Owens Corning's valuation include:
Price Book 2.7642 | Enterprise Value 15.9 B | Enterprise Value Ebitda 7.0025 | Price Sales 1.4834 | Forward PE 12.1507 |
Overvalued
Today
Please note that Owens Corning's price fluctuation is very steady at this time. Calculation of the real value of Owens Corning is based on 3 months time horizon. Increasing Owens Corning's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Owens Corning is useful when determining the fair value of the Owens stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Owens Corning. Since Owens Corning is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Owens Stock. However, Owens Corning's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 167.21 | Real 156.69 | Target 159.54 | Hype 166.18 | Naive 163.59 |
The real value of Owens Stock, also known as its intrinsic value, is the underlying worth of Owens Corning Company, which is reflected in its stock price. It is based on Owens Corning's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Owens Corning's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Owens Corning's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Owens Corning helps investors to forecast how Owens stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Owens Corning more accurately as focusing exclusively on Owens Corning's fundamentals will not take into account other important factors: Owens Current Valuation Analysis
Owens Corning's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
More About Current Valuation | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.2B | 2.6B | 2.7B | 2.8B | Total Revenue | 8.5B | 9.8B | 9.7B | 5.5B |
Enterprise Value | = | Market Cap + Debt | - | Cash |
Current Owens Corning Current Valuation | 15.94 B |
Most of Owens Corning's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Owens Corning is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Owens Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Owens Corning is extremely important. It helps to project a fair market value of Owens Stock properly, considering its historical fundamentals such as Current Valuation. Since Owens Corning's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Owens Corning's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Owens Corning's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition |
In accordance with the recently published financial statements, Owens Corning has a Current Valuation of 15.94 B. This is 118.85% higher than that of the Building Products sector and significantly higher than that of the Industrials industry. The current valuation for all United States stocks is 4.13% higher than that of the company.
Owens Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Owens Corning's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Owens Corning could also be used in its relative valuation, which is a method of valuing Owens Corning by comparing valuation metrics of similar companies.Owens Corning is currently under evaluation in current valuation category among related companies.
Owens Corning ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Owens Corning's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Owens Corning's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Owens Fundamentals
Return On Equity | 0.24 | ||||
Return On Asset | 0.0937 | ||||
Profit Margin | 0.12 % | ||||
Operating Margin | 0.19 % | ||||
Current Valuation | 15.94 B | ||||
Shares Outstanding | 86.99 M | ||||
Shares Owned By Insiders | 0.91 % | ||||
Shares Owned By Institutions | 97.26 % | ||||
Number Of Shares Shorted | 1.63 M | ||||
Price To Earning | 13.22 X | ||||
Price To Book | 2.76 X | ||||
Price To Sales | 1.48 X | ||||
Revenue | 9.68 B | ||||
Gross Profit | 2.66 B | ||||
EBITDA | 2.09 B | ||||
Net Income | 1.19 B | ||||
Cash And Equivalents | 1.1 B | ||||
Cash Per Share | 7.80 X | ||||
Total Debt | 3.27 B | ||||
Debt To Equity | 0.68 % | ||||
Current Ratio | 1.77 X | ||||
Book Value Per Share | 59.24 X | ||||
Cash Flow From Operations | 1.72 B | ||||
Short Ratio | 1.92 X | ||||
Earnings Per Share | 13.13 X | ||||
Price To Earnings To Growth | 0.82 X | ||||
Target Price | 166.08 | ||||
Number Of Employees | 18 K | ||||
Beta | 1.46 | ||||
Market Capitalization | 14.37 B | ||||
Total Asset | 11.24 B | ||||
Retained Earnings | 4.79 B | ||||
Working Capital | 1.59 B | ||||
Current Asset | 1.51 B | ||||
Current Liabilities | 1.08 B | ||||
Z Score | 4.87 | ||||
Annual Yield | 0.01 % | ||||
Five Year Return | 1.39 % | ||||
Net Asset | 11.24 B | ||||
Last Dividend Paid | 2.16 |
About Owens Corning Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Owens Corning's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Owens Corning using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Owens Corning based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Owens Corning manufactures and markets insulation, roofing, and fiberglass composite materials in the United States, Canada, Europe, the Asia Pacific, and internationally. Owens Corning was incorporated in 1938 and is headquartered in Toledo, Ohio. Owens Corning operates under Building Products Equipment classification in the United States and is traded on New York Stock Exchange. It employs 20000 people.
Owens Corning Investors Sentiment
The influence of Owens Corning's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Owens. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Owens Corning's public news can be used to forecast risks associated with an investment in Owens. The trend in average sentiment can be used to explain how an investor holding Owens can time the market purely based on public headlines and social activities around Owens Corning. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Owens Corning's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Owens Corning's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Owens Corning's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Owens Corning.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Owens Corning in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Owens Corning's short interest history, or implied volatility extrapolated from Owens Corning options trading.
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Try AI Portfolio ArchitectCheck out Owens Corning Piotroski F Score and Owens Corning Altman Z Score analysis. For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.Note that the Owens Corning information on this page should be used as a complementary analysis to other Owens Corning's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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When running Owens Corning's price analysis, check to measure Owens Corning's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Owens Corning is operating at the current time. Most of Owens Corning's value examination focuses on studying past and present price action to predict the probability of Owens Corning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Owens Corning's price. Additionally, you may evaluate how the addition of Owens Corning to your portfolios can decrease your overall portfolio volatility.
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Is Owens Corning's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Owens Corning. If investors know Owens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Owens Corning listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.114 | Dividend Share 2.16 | Earnings Share 13.13 | Revenue Per Share 107.403 | Quarterly Revenue Growth 0.008 |
The market value of Owens Corning is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Corning's value that differs from its market value or its book value, called intrinsic value, which is Owens Corning's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Owens Corning's market value can be influenced by many factors that don't directly affect Owens Corning's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Owens Corning's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owens Corning is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Corning's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.