Owens Corning Intrinsic Value Calculator – Gulf International Bank UK Ltd. Lowers Rating on Owens Corning Holdings
December 28, 2023
🌧️Trending News
Gulf International Bank UK Ltd. has recently lowered its rating on Owens Corning ($NYSE:OC) Holdings, a leading manufacturer of insulation, roofing, and fiberglass composites. With headquarters in Toledo, Ohio, Owens Corning has a wide range of products that are used in residential and commercial buildings. It is also one of the world’s largest producers of glass-fiber reinforcements for composite materials.
In addition to providing building materials, Owens Corning provides services such as engineering and consulting to support the construction industry. Despite its long history of providing quality building materials, Gulf International Bank UK Ltd. has recently lowered its rating on Owens Corning Holdings due to concerns about the company’s ability to meet short-term financial targets.
Market Price
Following this announcement, the stock opened at $149.0 and closed at $148.3, down by 0.2% from the previous closing price of 148.5. The change in rating reflects Gulf International Bank UK Ltd.’s analysis of the current market situation and its outlook for OWENS CORNING in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Owens Corning. More…
| Total Revenues | Net Income | Net Margin |
| 9.66k | 1.19k | 10.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Owens Corning. More…
| Operations | Investing | Financing |
| 1.7k | -269 | -884 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Owens Corning. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 11.07k | 5.92k | 57.44 |
Key Ratios Snapshot
Some of the financial key ratios for Owens Corning are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.3% | 28.0% | 17.2% |
| FCF Margin | ROE | ROA |
| 12.1% | 20.6% | 9.4% |
Analysis – Owens Corning Intrinsic Value Calculator
GoodWhale has been examining the financials of OWENS CORNING. Our proprietary Valuation Line has calculated the fair value of the OWENS CORNING share to be around $115.6. At the time of writing, OWENS CORNING stock is being traded at $148.3, which is 28.2% overvalued. As such, it may be a good time for investors to take advantage of this potential opportunity and buy the stock before the price adjusts downwards accordingly. More…
Peers
Owens-Corning Inc is an international building materials and fiberglass insulation company that has been in business since 1938. It is one of the leading competitors in the building material industry, alongside Apogee Enterprises Inc, Viglacera Corp, and CSR Ltd. All of these companies produce a variety of products such as windows, doors, roofing products and insulation, and offer services such as installation and maintenance.
– Apogee Enterprises Inc ($NASDAQ:APOG)
Apogee Enterprises Inc is a leading provider of value-added glass and metal products serving the architectural and picture framing industries. As of 2022, the company has a market cap of 1.04B and a Return on Equity of 12.55%. Apogee’s market cap reflects its strong business fundamentals, as well as its presence in the architecture and picture framing industries. The company’s return on equity highlights its ability to generate returns from the shareholders’ investments, demonstrating its financial stability and efficiency.
– Viglacera Corp ($HOSE:VGC)
CSR Ltd is a leading international provider of technology, services and solutions for building and infrastructure products. The company has a market cap of 2.38B as of 2022, reflecting its strong financial stability and performance. CSR also has an impressive return on equity of 18.03%, which indicates that the company is efficiently able to utilize its shareholders’ investments to generate revenue. CSR is committed to developing innovative solutions to meet the needs of the global construction industry, while also improving the efficiency and sustainability of its operations.
Summary
Investors should consider investing in Owens Corning (OC) as the company has seen its stock price drop recently. Gulf International Bank UK Ltd. has lowered its holdings in the company, leading to a decrease in the stock price. Despite the decline, Owens Corning continues to be a strong financial performer. Its revenue has grown steadily over the past year and it has a strong balance sheet with minimal debt.
Additionally, the company recently declared a dividend and its return on equity is higher than the industry average. Overall, Owens Corning is a stable investment option that offers long-term value for investors.
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