NYSE:ODC

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Oil-Dri Corporation of America

Executive Summary

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


Snowflake Analysis

Flawless balance sheet, undervalued and pays a dividend.


Similar Companies

Share Price & News

How has Oil-Dri Corporation of America's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ODC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.3%

ODC

1.6%

US Household Products

2.0%

US Market


1 Year Return

18.2%

ODC

8.8%

US Household Products

7.1%

US Market

Return vs Industry: ODC exceeded the US Household Products industry which returned 8.7% over the past year.

Return vs Market: ODC exceeded the US Market which returned 4.6% over the past year.


Shareholder returns

ODCIndustryMarket
7 Day2.3%1.6%2.0%
30 Day1.1%-1.3%6.0%
90 Day16.8%2.2%-0.05%
1 Year21.8%18.2%11.5%8.8%9.5%7.1%
3 Year8.7%0.1%40.0%28.5%30.7%22.1%
5 Year32.9%16.3%72.2%48.7%55.6%38.0%

Price Volatility Vs. Market

How volatile is Oil-Dri Corporation of America's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Oil-Dri Corporation of America undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ODC ($35.53) is trading below our estimate of fair value ($96.11)

Significantly Below Fair Value: ODC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ODC is good value based on its PE Ratio (15x) compared to the Household Products industry average (25x).

PE vs Market: ODC is good value based on its PE Ratio (15x) compared to the US market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ODC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ODC is good value based on its PB Ratio (1.8x) compared to the US Household Products industry average (5.7x).


Next Steps

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?

9.8%

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.


Next Steps

Past Performance

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

2.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ODC has high quality earnings.

Growing Profit Margin: ODC's current net profit margins (6%) are higher than last year (3.5%).


Past Earnings Growth Analysis

Earnings Trend: ODC's earnings have grown by 2.4% per year over the past 5 years.

Accelerating Growth: ODC's earnings growth over the past year (84.9%) exceeds its 5-year average (2.4% per year).

Earnings vs Industry: ODC earnings growth over the past year (84.9%) exceeded the Household Products industry 14.2%.


Return on Equity

High ROE: ODC's Return on Equity (12%) is considered low.


Next Steps

Financial Health

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


Financial Position Analysis

Short Term Liabilities: ODC's short term assets ($86.2M) exceed its short term liabilities ($33.5M).

Long Term Liabilities: ODC's short term assets ($86.2M) exceed its long term liabilities ($28.6M).


Debt to Equity History and Analysis

Debt Level: ODC's debt to equity ratio (2.1%) is considered satisfactory.

Reducing Debt: ODC's debt to equity ratio has reduced from 16.4% to 2.1% over the past 5 years.

Debt Coverage: ODC's debt is well covered by operating cash flow (1249.5%).

Interest Coverage: ODC's interest payments on its debt are well covered by EBIT (99.3x coverage).


Balance Sheet


Next Steps

Dividend

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

2.81%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ODC's dividend (2.81%) is higher than the bottom 25% of dividend payers in the US market (1.75%).

High Dividend: ODC's dividend (2.81%) is low compared to the top 25% of dividend payers in the US market (4.71%).


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.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (41.9%), ODC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

3.0yrs

Average management tenure


CEO

Daniel Jaffee (55yo)

22.75yrs

Tenure

US$6,286,296

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 1997 and also has been its Chairman of the Board since 2018. Mr.  ...


CEO Compensation Analysis

Compensation vs Market: Daniel's total compensation ($USD6.29M) is above average for companies of similar size in the US market ($USD1.42M).

Compensation vs Earnings: Daniel's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Daniel Jaffee
Chairman22.75yrsUS$6.29m6.34% $17.2m
Susan Kreh
Chief Financial Officer1.42yrsUS$1.57m0.46% $1.2m
Molly VandenHeuvel
Chief Operating Officer1.08yrsUS$1.31m0.39% $1.1m
Reagan Culbertson
Director of Investor Relationsno datano datano data
Laura Scheland
VP, General Counsel & Secretary2.42yrsno data0.16% $444.1k
Michael McPherson
Group Vice President of Business to Business3.58yrsUS$628.65k0.18% $497.4k
Mary Sullivan
Vice President of Human Resources3.58yrsno data0.12% $337.5k
Paula Krystopolski
VP & Corporate Controllerno datano datano data
Flemming Mahs
President of Amlan International1.75yrsno datano data
Jeffrey Libert
Vice President of Planning & Analysis21.92yrsUS$340.29kno data

3.0yrs

Average Tenure

54yo

Average Age

Experienced Management: ODC's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Daniel Jaffee
Chairman22.75yrsUS$6.29m6.34% $17.2m
George Roeth
Lead Directorno dataUS$121.81k0.046% $124.4k
Lawrence Washow
Independent Director7.25yrsUS$107.88k0.13% $355.3k
Joseph Miller
Vice Chairman of the Board25.33yrsUS$95.88k0.30% $800.6k
Allan Selig
Independent Director51.33yrsUS$101.88k0.53% $1.4m
Paul Suckow
Independent Director14.42yrsUS$128.88k0.29% $786.2k
Michael Nemeroff
Director13.92yrsUS$98.88k0.31% $849.2k
Ellen-Blair Chube
Independent Director1.92yrsUS$98.88k0.035% $94.5k
Paul Hindsley
Independent Director0.92yrUS$14.00k0.066% $177.6k

10.6yrs

Average Tenure

60yo

Average Age

Experienced Board: ODC's board of directors are seasoned and experienced ( 10.6 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: ODC 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 company bio, 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
  • Market Cap: US$270.458m
  • Shares outstanding: 7.61m
  • Website: https://www.oildri.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ODCNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1975
O4DBST (Boerse-Stuttgart)YesCommon StockDEEURJan 1975

Biography

Oil-Dri Corporation of America develops, manufactures, and markets sorbent products in the United States and internationally. It operates through 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, which serve as chemical carriers, drying agents, and growing media under the Agsorb, Verge, Flo-Fre, and Terra-Green brand names. It also offers animal health and nutrition products for the livestock industry under the Amlan, Calibrin, ConditionAde, MD-09, and Pel-Unite and Pel-Unite Plus brand names; and bleaching clay and purification aid products for bleaching, purification, and filtration applications under the Pure-Flo, Perform, Select, and Ultra-Clear brand names. In addition, the company provides cat litter products, such as scoopable and non-clumping litters under the Cat’s Pride and Jonny Cat brand names; industrial and automotive sorbent products from clay, polypropylene, and recycled cotton materials to absorb oil, acid, paint, ink, water, and other liquids under the Oil-Dri brand name; and sports products for use on baseball, softball, football, and soccer fields under the Pro’s Choice brand name. Its customers include mass merchandisers, wholesale clubs, drugstore chains, pet specialty retail outlets, dollar stores, retail grocery stores, distributors of industrial cleanup and automotive products, environmental service companies, and sports field product users; processors and refiners of edible oils, petroleum-based oils, and biodiesel fuel; manufacturers of animal feed and agricultural chemicals; distributors of animal health and nutrition products; and marketers of consumer products. Oil-Dri Corporation of America was founded in 1941 and is based in Chicago, Illinois. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/28 02:20
End of Day Share Price2020/05/27 00:00
Earnings2020/01/31
Annual Earnings2019/07/31


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.