Owens Corning Stock Fair Value Calculator – Stay Informed: Gain Insight into Why Owens Corning Inc is Trending
January 5, 2024
☀️Trending News
Owens Corning ($NYSE:OC) Inc, a leading global producer of insulation, roofing, and fiberglass composites, is trending in the news. Understanding the fundamentals of the company can help investors decide if it is the right choice for their investment portfolio. Here is what you should know about Owens Corning Inc and why it is trending. Owens Corning is a global leader in the building materials industry. It produces a range of products for the construction, industrial, and commercial markets, including insulation, roofing, and fiberglass composites. The company’s products are used in residential and commercial buildings, and its insulation solutions are marketed under the brand names of Pink Fiberglas and Fiberglas. Owens Corning has seen a surge in interest from the investment community due to its strong performance over the past few years.
In addition, Owens Corning continues to invest in research and development to stay ahead of the curve with innovations in insulation technology. The company has also acquired several companies in recent years to expand its product portfolio and customer base. These factors, combined with a strong balance sheet and an expanding customer base, have contributed to the increased interest in Owens Corning. Investors have taken notice of this trend and are now looking for ways to capitalize on the company’s potential. With a long history of success and continued innovation, Owens Corning is one stock investors should keep an eye on for potential investment opportunities.
Market Price
Tuesday saw a positive trend for Owens Corning Inc, with the stock opening at $147.0 and closing at $148.8, up by 0.4% from the prior closing price of 148.2. By understanding the motivations behind the stock’s movements, investors can better manage their portfolios and make informed decisions. With a comprehensive view of why Owens Corning Inc is trending, investors can have a better sense of the company’s overall potential and make informed decisions about their investments. 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 Stock Fair Value Calculator
At GoodWhale, we have conducted a detailed analysis of Owens Corning‘s fundamentals. Based on our proprietary Valuation Line algorithm, we have estimated the fair value of Owens Corning’s share to be approximately $115.9. However, it is currently trading at $148.8, which indicates that it is overvalued by 28.4%. This discrepancy represents an opportunity for investors to either buy or sell Owens Corning shares based on their own risk appetite. More…
Peers
Owens-Corning Inc is an international building materials and fiberglass insulation company that has been in business since 1938. It is one of the leading competitors in the building material industry, alongside Apogee Enterprises Inc, Viglacera Corp, and CSR Ltd. All of these companies produce a variety of products such as windows, doors, roofing products and insulation, and offer services such as installation and maintenance.
– Apogee Enterprises Inc ($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
Owens Corning Inc. is a trending stock due to its strong financial position and consistent growth in revenue. Its shareholders’ equity has grown over the past several years and the company has continued to generate strong returns on equity. Its balance sheet is solid, with significant cash on hand and low debt levels. Owens Corning’s stock price has increased significantly in the last twelve months, which can be attributed to its impressive financial performance and its position as a leader in the roofing industry.
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