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ODC

Oil-Dri Corporation of America NYSE:ODC Stock Report

Last Price

US$28.50

Market Cap

US$200.8m

7D

3.3%

1Y

-18.5%

Updated

15 Aug, 2022

Data

Company Financials
ODC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends3/6

ODC Stock Overview

Oil-Dri Corporation of America, together with its subsidiaries, develops, manufactures, and markets sorbent products in the United States and internationally.

Oil-Dri Corporation of America Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Oil-Dri Corporation of America
Historical stock prices
Current Share PriceUS$28.50
52 Week HighUS$37.20
52 Week LowUS$22.80
Beta0.31
1 Month Change-7.89%
3 Month Change13.91%
1 Year Change-18.55%
3 Year Change-10.43%
5 Year Change-26.60%
Change since IPO63.42%

Recent News & Updates

Aug 09
Is Oil-Dri Corporation of America (NYSE:ODC) A Risky Investment?

Is Oil-Dri Corporation of America (NYSE:ODC) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Jul 14
Oil-Dri Corporation of America (NYSE:ODC) Is Paying Out A Larger Dividend Than Last Year

Oil-Dri Corporation of America (NYSE:ODC) Is Paying Out A Larger Dividend Than Last Year

The board of Oil-Dri Corporation of America ( NYSE:ODC ) has announced that it will be paying its dividend of $0.28 on...

Jun 27
Oil-Dri Corporation of America's (NYSE:ODC) Upcoming Dividend Will Be Larger Than Last Year's

Oil-Dri Corporation of America's (NYSE:ODC) Upcoming Dividend Will Be Larger Than Last Year's

Oil-Dri Corporation of America ( NYSE:ODC ) has announced that it will be increasing its dividend on the 26th of August...

Shareholder Returns

ODCUS Household ProductsUS Market
7D3.3%2.1%3.6%
1Y-18.5%1.3%-9.6%

Return vs Industry: ODC underperformed the US Household Products industry which returned 0.8% over the past year.

Return vs Market: ODC underperformed the US Market which returned -10.2% over the past year.

Price Volatility

Is ODC's price volatile compared to industry and market?
ODC volatility
ODC Average Weekly Movement5.3%
Household Products Industry Average Movement5.1%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: ODC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ODC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1941847Dan Jaffeehttps://www.oildri.com

Oil-Dri Corporation of America, together with its subsidiaries, develops, manufactures, and markets sorbent products in the United States and internationally. It operates in two segments, Retail and Wholesale Products Group; and Business to Business Products Group. The company provides agricultural and horticultural products, including mineral-based absorbent products that serve as chemical carriers, drying agents, and growing media under the Agsorb, Verge, and Flo-Fre brand names.

Oil-Dri Corporation of America Fundamentals Summary

How do Oil-Dri Corporation of America's earnings and revenue compare to its market cap?
ODC fundamental statistics
Market CapUS$200.82m
Earnings (TTM)US$1.03m
Revenue (TTM)US$333.56m

199.2x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ODC income statement (TTM)
RevenueUS$333.56m
Cost of RevenueUS$273.72m
Gross ProfitUS$59.84m
Other ExpensesUS$58.81m
EarningsUS$1.03m

Last Reported Earnings

Apr 30, 2022

Next Earnings Date

Oct 13, 2022

Earnings per share (EPS)0.14
Gross Margin17.94%
Net Profit Margin0.31%
Debt/Equity Ratio23.2%

How did ODC perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

734%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is ODC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ODC?

Other financial metrics that can be useful for relative valuation.

ODC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.7x
Enterprise Value/EBITDA11.3x
PEG Ration/a

Price to Sales Ratio vs Peers

How does ODC's PS Ratio compare to its peers?

ODC PS Ratio vs Peers
The above table shows the PS ratio for ODC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average4.5x
PURE PURE Bioscience
11.1xn/aUS$24.5m
ENR Energizer Holdings
0.8x1.0%US$2.3b
WDFC WD-40
5.6x6.9%US$2.7b
CENT Central Garden & Pet
0.7x1.7%US$2.3b
ODC Oil-Dri Corporation of America
0.6xn/aUS$200.8m

Price-To-Sales vs Peers: ODC is good value based on its Price-To-Sales Ratio (0.6x) compared to the peer average (4.5x).


Price to Earnings Ratio vs Industry

How does ODC's PE Ratio compare vs other companies in the US Household Products Industry?

Price-To-Sales vs Industry: ODC is good value based on its Price-To-Sales Ratio (0.6x) compared to the US Household Products industry average (1.8x)


Price to Sales Ratio vs Fair Ratio

What is ODC's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ODC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.6x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate ODC's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of ODC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ODC ($28.5) is trading below our estimate of fair value ($33.02)

Significantly Below Fair Value: ODC is trading below fair value, but not by a significant amount.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Oil-Dri Corporation of America forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


6.0%

Forecasted Household industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Oil-Dri Corporation of America has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Examine whether Oil-Dri Corporation of America is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Oil-Dri Corporation of America competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Oil-Dri Corporation of America performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


0.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ODC has a large one-off loss of $5.6M impacting its April 30 2022 financial results.

Growing Profit Margin: ODC's current net profit margins (0.3%) are lower than last year (5.3%).


Past Earnings Growth Analysis

Earnings Trend: ODC's earnings have grown by 0.5% per year over the past 5 years.

Accelerating Growth: ODC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ODC had negative earnings growth (-93.4%) over the past year, making it difficult to compare to the Household Products industry average (-25.2%).


Return on Equity

High ROE: ODC's Return on Equity (0.7%) is considered low.


Discover strong past performing companies

Financial Health

How is Oil-Dri Corporation of America's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ODC's short term assets ($113.7M) exceed its short term liabilities ($41.4M).

Long Term Liabilities: ODC's short term assets ($113.7M) exceed its long term liabilities ($54.3M).


Debt to Equity History and Analysis

Debt Level: ODC's net debt to equity ratio (7.5%) is considered satisfactory.

Reducing Debt: ODC's debt to equity ratio has increased from 10% to 23.2% over the past 5 years.

Debt Coverage: ODC's debt is well covered by operating cash flow (31.8%).

Interest Coverage: ODC's interest payments on its debt are well covered by EBIT (6.2x coverage).


Balance Sheet


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Dividend

What is Oil-Dri Corporation of America current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.93%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ODC's dividend (3.93%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: ODC's dividend (3.93%) is low compared to the top 25% of dividend payers in the US market (3.95%).


Stability and Growth of Payments

Stable Dividend: ODC's dividends per share have been stable in the past 10 years.

Growing Dividend: ODC's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (734.2%), ODC's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: ODC is paying a dividend but the company has no free cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

Dan Jaffee (58 yo)

27.58yrs

Tenure

US$2,869,932

Compensation

Mr. Daniel S. Jaffee, also known as Dan, has been the President of Oil-Dri Corporation of America since 1995, Chief Executive Officer since August 1997 and has been its Chairman of the Board since 2018. Mr...


CEO Compensation Analysis

Compensation vs Market: Dan's total compensation ($USD2.87M) is above average for companies of similar size in the US market ($USD1.67M).

Compensation vs Earnings: Dan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: ODC's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: ODC's board of directors are considered experienced (9.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Oil-Dri Corporation of America's employee growth, exchange listings and data sources


Key Information

  • Name: Oil-Dri Corporation of America
  • Ticker: ODC
  • Exchange: NYSE
  • Founded: 1941
  • Industry: Household Products
  • Sector: Household
  • Implied Market Cap: US$200.823m
  • Shares outstanding: 7.19m
  • Website: https://www.oildri.com

Number of Employees


Location

  • Oil-Dri Corporation of America
  • 410 North Michigan Avenue
  • Suite 400
  • Chicago
  • Illinois
  • 60611-4213
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/15 00:00
End of Day Share Price2022/08/15 00:00
Earnings2022/04/30
Annual Earnings2021/07/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.