Market Cap
US$1.9b
Last Updated
2020/05/30 02:58 UTC
Data Sources
Company Financials +
Executive Summary
Olin Corporation manufactures and distributes chemical products in the United States and internationally.
Rewards
Risk Analysis
Dividend of 6.54% is not well covered by earnings or forecast to be in the next 3 years
Snowflake Analysis
Fair value with moderate growth potential.
Similar Companies
Share Price & News
How has Olin's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OLN's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
8.3%
OLN
4.8%
US Chemicals
2.7%
US Market
1 Year Return
-38.7%
OLN
-1.7%
US Chemicals
9.1%
US Market
Return vs Industry: OLN underperformed the US Chemicals industry which returned -7.5% over the past year.
Return vs Market: OLN underperformed the US Market which returned 4.6% over the past year.
Shareholder returns
| OLN | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.3% | 4.8% | 2.7% |
| 30 Day | -9.9% | 6.8% | 4.5% |
| 90 Day | -25.7% | 4.4% | 2.3% |
| 1 Year | -35.4%-38.7% | 4.2%-1.7% | 11.5%9.1% |
| 3 Year | -54.2%-59.0% | 12.6%-8.2% | 30.6%22.0% |
| 5 Year | -50.1%-58.5% | 27.0%-1.2% | 57.2%39.5% |
Price Volatility Vs. Market
How volatile is Olin's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Have Insiders Been Buying Olin Corporation (NYSE:OLN) Shares?2 weeks ago | Simply Wall St
An Intrinsic Calculation For Olin Corporation (NYSE:OLN) Suggests It's 25% Undervalued5 months ago | Simply Wall St
The Olin (NYSE:OLN) Share Price Is Down 31% So Some Shareholders Are Getting WorriedValuation
Is Olin undervalued compared to its fair value and its price relative to the market?
21.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OLN ($12.24) is trading below our estimate of fair value ($15.6)
Significantly Below Fair Value: OLN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OLN is unprofitable, so we can't compare its PE Ratio to the Chemicals industry average.
PE vs Market: OLN is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate OLN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OLN is good value based on its PB Ratio (0.8x) compared to the US Chemicals industry average (1.7x).
Next Steps
Future Growth
How is Olin forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
131.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OLN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: OLN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: OLN's is expected to become profitable in the next 3 years.
Revenue vs Market: OLN's revenue (5.2% per year) is forecast to grow slower than the US market (8.9% per year).
High Growth Revenue: OLN's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OLN is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has Olin performed over the past 5 years?
26.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OLN is currently unprofitable.
Growing Profit Margin: OLN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: OLN is unprofitable, but has reduced losses over the past 5 years at a rate of 26% per year.
Accelerating Growth: Unable to compare OLN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OLN is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-11.3%).
Return on Equity
High ROE: OLN has a negative Return on Equity (-5.81%), as it is currently unprofitable.
Next Steps
Financial Health
How is Olin's financial position?
Financial Position Analysis
Short Term Liabilities: OLN's short term assets ($1.7B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: OLN's short term assets ($1.7B) do not cover its long term liabilities ($5.3B).
Debt to Equity History and Analysis
Debt Level: OLN's debt to equity ratio (152.4%) is considered high.
Reducing Debt: OLN's debt to equity ratio has increased from 65.7% to 152.4% over the past 5 years.
Debt Coverage: OLN's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: OLN is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Olin's current dividend yield, its reliability and sustainability?
6.65%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OLN's dividend (6.54%) is higher than the bottom 25% of dividend payers in the US market (1.75%).
High Dividend: OLN's dividend (6.54%) is in the top 25% of dividend payers in the US market (4.71%)
Stability and Growth of Payments
Stable Dividend: OLN's dividends per share have been stable in the past 10 years.
Growing Dividend: OLN's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: OLN is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: OLN is forecast to pay a dividend in 3 years whilst incurring a loss, therefore the dividend is not forecast to be well covered.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
John Fischer (63yo)
4yrs
Tenure
US$7,154,041
Compensation
Mr. John E. Fischer has been the President of Olin Corporation since May 4, 2014 and has been its Chairman of the Board and Chief Executive Officer since April 27, 2017 and May 1, 2016 respectively. Mr. Fi ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD7.15M) is above average for companies of similar size in the US market ($USD4.92M).
Compensation vs Earnings: John's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 4yrs | US$7.15m | 0.14% $2.7m | |
| VP & CFO | 6yrs | US$2.03m | 0.061% $1.2m | |
| Executive VP & COO | 1.08yrs | US$2.51m | 0.025% $470.6k | |
| Executive Vice President of Synergies & Systems | 9.58yrs | US$1.90m | 0.058% $1.1m | |
| Executive VP and President of Epoxy & International | 4.58yrs | US$2.95m | 0.036% $679.6k | |
| Director of Investor Relations | no data | no data | no data | |
| VP, General Counsel & Secretary | 3.17yrs | no data | 0.0015% $29.1k | |
| Vice President of Human Resources | 1.67yrs | no data | 0.0039% $74.2k | |
| Director of Investor Relations & Assistant Treasurer | 14.58yrs | no data | no data | |
| Executive Vice President of Business Operations | no data | no data | 0.038% $721.8k |
4.3yrs
Average Tenure
61.5yo
Average Age
Experienced Management: OLN's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 4yrs | US$7.15m | 0.14% $2.7m | |
| Independent Director | 14.33yrs | US$256.77k | 0.015% $283.5k | |
| Independent Director | 14.42yrs | US$272.81k | 0.012% $230.2k | |
| Independent Director | 11.75yrs | US$259.27k | 0.025% $478.3k | |
| Lead Director | 2.08yrs | US$322.81k | 0.0062% $117.0k | |
| Independent Director | 11.17yrs | US$260.17k | 0.022% $425.2k | |
| Independent Director | 2.58yrs | US$244.56k | 0.0056% $107.3k | |
| Independent Director | 1.67yrs | US$245.71k | 0.029% $548.0k | |
| Independent Director | 0.92yr | US$154.42k | no data | |
| Independent Director | 4.58yrs | US$256.81k | 0.0023% $43.7k |
3.8yrs
Average Tenure
63.5yo
Average Age
Experienced Board: OLN's board of directors are considered experienced (3.8 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
Olin Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Olin Corporation
- Ticker: OLN
- Exchange: NYSE
- Founded: 1892
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: US$1.899b
- Shares outstanding: 157.85m
- Website: https://www.olin.com
Number of Employees
Location
- Olin Corporation
- 190 Carondelet Plaza
- Suite 1530
- Clayton
- Missouri
- 63105
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| OLN | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jun 1974 |
| OLN | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jun 1974 |
Biography
Olin Corporation manufactures and distributes chemical products in the United States and internationally. It operates through three segments: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. The Chlor Alkali Products and Vinyls segment offers chlorine and caustic soda, ethylene dichloride and vinyl chloride monomers, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, trichloroethylene and vinylidene chloride, hydrochloric acid, hydrogen, bleach products, potassium hydroxide, chlorinated organics intermediates and solvents, and sodium hypochlorite. The Epoxy segment provides allyl chloride and epichlorohydrin, as well as acetone, bisphenol, cumene, and phenol for use in resins and other plastic materials, water purification, and pesticides, as well as for the manufacturers of polymers; liquid and solid epoxy resins that are used in adhesives, paints and coatings, composites, and flooring; and differentiated epoxy resins for use in electrical laminates, paints and coatings, wind blades, electronics, and construction, as well as offers additives. The Winchester segment offers sporting ammunition products, including shotshells, small caliber centerfire, and rimfire ammunition products for hunters and recreational shooters, and law enforcement agencies; small caliber military ammunition products for use in infantry and mounted weapons; and industrial products comprising gauge loads and powder-actuated tool loads for maintenance applications in power and concrete industries, and construction industry. It markets its products through its sales force, as well as directly to various industrial customers, mass merchants, retailers, wholesalers, other distributors, and the U.S. Government and its prime contractors. The company was founded in 1892 and is based in Clayton, Missouri.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/30 02:58 |
| End of Day Share Price | 2020/05/29 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.