U.S. Markets open in 4 hrs 4 mins

Olin Corp (OLN) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Olin Corp (OLN) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Olin Corp is manufactures and sells chlor alkali products. It is engaged in three segments Chlor Alkali Products, Epoxy and Winchester. Olin Corp has a market cap of $4.36 billion; its shares were traded at around $26.36 with a P/E ratio of 13.52 and P/S ratio of 0.64. The dividend yield of Olin Corp stocks is 3.04%. Olin Corp had annual average EBITDA growth of 4.10% over the past ten years. GuruFocus rated Olin Corp the business predictability rank of 3-star.


For the last quarter Olin Corp reported a revenue of $1.6 billion, compared with the revenue of $1.6 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $6.9 billion, an increase of 10.8% from last year. For the last five years Olin Corp had an average revenue growth rate of 28.7% a year.

The reported diluted earnings per share was $1.95 for the year, a decline of 40.2% from the previous year. The Olin Corp had a decent operating margin of 10.07%, compared with the operating margin of 6.04% a year before. The 10-year historical median operating margin of Olin Corp is 9.90%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Olin Corp has the cash and cash equivalents of $178.8 million, compared with $218.4 million in the previous year. The long term debt was $3.1 billion, compared with $3.6 billion in the previous year. The interest coverage to the debt is 2.9, which is not a favorable level. Olin Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $26.36, Olin Corp is traded at 23.9% discount to its historical median P/S valuation band of $34.63. The P/S ratio of the stock is 0.64, while the historical median P/S ratio is 0.84. The intrinsic value of the stock is $20.87 a share, according to GuruFocus DCF Calculator. The stock lost 18.16% during the past 12 months.

For the complete 20-year historical financial data of OLN, click here.

This article first appeared on GuruFocus.