OLIN CORPORATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 53.48 USD | +1.25% |
|
-0.21% | -0.87% |
| Apr. 26 | UBS Cuts Olin Price Target to $59 From $63, Maintains Neutral Rating | MT |
| Apr. 26 | Transcript : Olin Corporation, Q1 2024 Earnings Call, Apr 26, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,754 | 3,877 | 9,167 | 7,251 | 6,612 | 6,387 | - | - |
| Enterprise Value (EV) 1 | 5,874 | 7,551 | 11,766 | 9,637 | 9,111 | 8,929 | 8,680 | 8,547 |
| P/E ratio | -246 x | -4 x | 7.23 x | 5.92 x | 15.1 x | 13.7 x | 7.84 x | 6.8 x |
| Yield | 4.64% | 3.26% | 1.39% | 1.51% | 1.48% | 1.5% | 1.6% | 1.7% |
| Capitalization / Revenue | 0.45 x | 0.67 x | 1.03 x | 0.77 x | 0.97 x | 0.9 x | 0.84 x | 0.83 x |
| EV / Revenue | 0.96 x | 1.31 x | 1.32 x | 1.03 x | 1.33 x | 1.26 x | 1.14 x | 1.11 x |
| EV / EBITDA | 6.24 x | 11.9 x | 4.72 x | 3.97 x | 6.95 x | 6.84 x | 5.36 x | 5.35 x |
| EV / FCF | 25.4 x | 63.2 x | 7.64 x | 5.72 x | 12.3 x | 15.5 x | 10.1 x | 9.49 x |
| FCF Yield | 3.94% | 1.58% | 13.1% | 17.5% | 8.1% | 6.46% | 9.91% | 10.5% |
| Price to Book | 1.13 x | 2.67 x | 3.4 x | 2.75 x | 2.9 x | 2.92 x | 2.78 x | 2.73 x |
| Nbr of stocks (in thousands) | 159,671 | 157,862 | 159,377 | 136,961 | 122,550 | 119,421 | - | - |
| Reference price 2 | 17.25 | 24.56 | 57.52 | 52.94 | 53.95 | 53.48 | 53.48 | 53.48 |
| Announcement Date | 2/4/20 | 1/28/21 | 1/27/22 | 1/26/23 | 1/25/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 6,110 | 5,758 | 8,911 | 9,376 | 6,833 | 7,086 | 7,616 | 7,687 |
| EBITDA 1 | 940.8 | 636 | 2,493 | 2,428 | 1,310 | 1,305 | 1,618 | 1,598 |
| EBIT 1 | 343.4 | 67.6 | 1,911 | 1,829 | 776.7 | 766.7 | 1,072 | 1,031 |
| Operating Margin | 5.62% | 1.17% | 21.44% | 19.51% | 11.37% | 10.82% | 14.07% | 13.41% |
| Earnings before Tax (EBT) 1 | -36.9 | -1,020 | 1,539 | 1,676 | 559.3 | 595.7 | 949.7 | 849.1 |
| Net income 1 | -11.3 | -969.9 | 1,297 | 1,327 | 460.2 | 431.6 | 765.8 | 862.8 |
| Net margin | -0.18% | -16.84% | 14.55% | 14.15% | 6.73% | 6.09% | 10.06% | 11.22% |
| EPS 2 | -0.0700 | -6.140 | 7.960 | 8.940 | 3.570 | 3.917 | 6.824 | 7.870 |
| Free Cash Flow 1 | 231.7 | 119.5 | 1,540 | 1,685 | 738.3 | 577.1 | 860.1 | 900.3 |
| FCF margin | 3.79% | 2.08% | 17.29% | 17.97% | 10.8% | 8.14% | 11.29% | 11.71% |
| FCF Conversion (EBITDA) | 24.63% | 18.79% | 61.78% | 69.4% | 56.35% | 44.21% | 53.15% | 56.33% |
| FCF Conversion (Net income) | - | - | 118.79% | 126.99% | 160.43% | 133.71% | 112.32% | 104.36% |
| Dividend per Share 2 | 0.8000 | 0.8000 | 0.8000 | 0.8000 | 0.8000 | 0.8047 | 0.8573 | 0.9103 |
| Announcement Date | 2/4/20 | 1/28/21 | 1/27/22 | 1/26/23 | 1/25/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,430 | 2,461 | 2,616 | 2,322 | 1,977 | 1,844 | 1,703 | 1,671 | 1,615 | 1,635 | 1,742 | 1,908 | 1,812 | 1,820 | 1,958 |
| EBITDA 1 | 686.7 | 710.9 | 727.3 | 547.8 | 441.8 | 434.1 | 351.1 | 314.8 | 210.1 | 242.1 | 310.2 | 379.7 | 377.7 | 363.8 | 422 |
| EBIT 1 | 536.6 | 559.2 | 578.5 | 398 | 293.3 | 297.3 | 214.3 | 183.8 | 81.6 | 112.4 | 173.2 | 258 | 247.7 | 220.5 | 286.2 |
| Operating Margin | 22.08% | 22.72% | 22.11% | 17.14% | 14.84% | 16.12% | 12.59% | 11% | 5.05% | 6.87% | 9.94% | 13.52% | 13.67% | 12.12% | 14.62% |
| Earnings before Tax (EBT) 1 | 391 | 523.6 | 540.7 | 367.9 | 243.8 | 194.8 | 177.9 | 126.7 | 59.9 | 60.3 | 101.1 | 240.5 | 191.6 | 226.5 | 288.6 |
| Net income 1 | 306.6 | 393 | 422.1 | 315.2 | 196.6 | 156.3 | 146.9 | 104.1 | 52.9 | 48.6 | 72.6 | 172.8 | 137.6 | 163.6 | 208.5 |
| Net margin | 12.62% | 15.97% | 16.13% | 13.58% | 9.94% | 8.47% | 8.63% | 6.23% | 3.28% | 2.97% | 4.17% | 9.06% | 7.59% | 8.99% | 10.65% |
| EPS 2 | 1.890 | 2.480 | 2.760 | 2.180 | 1.430 | 1.160 | 1.130 | 0.8200 | 0.4300 | 0.4000 | 0.9430 | 1.240 | 1.326 | - | - |
| Dividend per Share 2 | 0.2000 | 0.2000 | 0.2000 | 0.2000 | 0.2000 | 0.2000 | 0.2000 | 0.2000 | 0.2000 | 0.2000 | 0.2029 | 0.2024 | 0.2016 | 0.2045 | 0.2084 |
| Announcement Date | 1/27/22 | 4/28/22 | 7/28/22 | 10/26/22 | 1/26/23 | 4/27/23 | 7/27/23 | 10/26/23 | 1/25/24 | 4/25/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 3,120 | 3,674 | 2,599 | 2,387 | 2,500 | 2,542 | 2,293 | 2,160 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.316 x | 5.777 x | 1.042 x | 0.9831 x | 1.908 x | 1.948 x | 1.417 x | 1.352 x |
| Free Cash Flow 1 | 232 | 120 | 1,540 | 1,685 | 738 | 577 | 860 | 900 |
| ROE (net income / shareholders' equity) | 1.18% | -11% | 63.2% | 51.1% | 19.3% | 19.7% | 28.5% | 30% |
| ROA (Net income/ Total Assets) | 0.34% | -2.45% | 15.4% | 15.2% | 5.84% | 8.79% | 7.89% | 9.35% |
| Assets 1 | -3,315 | 39,643 | 8,394 | 8,715 | 7,879 | 4,913 | 9,708 | 9,226 |
| Book Value Per Share 2 | 15.30 | 9.190 | 16.90 | 19.20 | 18.60 | 18.30 | 19.20 | 19.60 |
| Cash Flow per Share 2 | - | - | 10.70 | 12.90 | 7.560 | 7.170 | 8.640 | 12.80 |
| Capex 1 | 386 | 299 | 201 | 237 | 236 | 232 | 228 | 230 |
| Capex / Sales | 6.31% | 5.19% | 2.25% | 2.53% | 3.45% | 3.28% | 2.99% | 2.99% |
| Announcement Date | 2/4/20 | 1/28/21 | 1/27/22 | 1/26/23 | 1/25/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
53.48
USD
Average target price
61.64
USD
Spread / Average Target
+15.27%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -0.87% | 6.39B | |
| +5.14% | 103B | |
| -5.63% | 63.04B | |
| +39.52% | 39.06B | |
| +12.91% | 37.58B | |
| +7.41% | 33.24B | |
| +6.85% | 19.22B | |
| +12.86% | 16.83B | |
| +7.73% | 15.03B | |
| +16.93% | 14.96B |
- Stock Market
- Equities
- OLN Stock
- Financials Olin Corporation
