Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
44.21 (1y: +38%)
Market Cap 5.28 B P/E(ttm) 111.70
Enterprise Value 7.53 B P/B 1.50
OC- NYSE (USA)
Owens-Corning, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$44.21
Switch to:

GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.026
OC's Cash to Debt is ranked lower than
95% of the 417 Companies
in the Global Building Materials industry.

( Industry Median: 1.16 vs. OC: 0.026 )
OC' s 10-Year Cash to Debt Range
Min: 0.03   Max: 28.35
Current: 0.03
0.03
28.35
Equity to Asset 0.178
OC's Equity to Asset is ranked lower than
88% of the 417 Companies
in the Global Building Materials industry.

( Industry Median: 0.52 vs. OC: 0.178 )
OC' s 10-Year Equity to Asset Range
Min: -0.96   Max: 0.21
Current: 0.18
-0.96
0.21
Interest Coverage 1.3
OC's Interest Coverage is ranked lower than
68% of the 417 Companies
in the Global Building Materials industry.

( Industry Median: 6.60 vs. OC: 1.3 )
OC' s 10-Year Interest Coverage Range
Min: 1   Max: 36
Current: 1.3
1
36
F-Score: 5
Z-Score: 1.55
M-Score: -2.45
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry		 vs
history
Operating margin (%) 2.90
OC's Operating margin (%) is ranked lower than
64% of the 417 Companies
in the Global Building Materials industry.

( Industry Median: 4.80 vs. OC: 2.90 )
OC' s 10-Year Operating margin (%) Range
Min: -59.2   Max: 11.5
Current: 2.9
-59.2
11.5
Net-margin (%) -0.4
OC's Net-margin (%) is ranked lower than
85% of the 417 Companies
in the Global Building Materials industry.

( Industry Median: 3.00 vs. OC: -0.4 )
OC' s 10-Year Net-margin (%) Range
Min: -64.8   Max: 18.7
Current: -0.4
-64.8
18.7
ROE (%) -0.5
OC's ROE (%) is ranked lower than
86% of the 417 Companies
in the Global Building Materials industry.

( Industry Median: 4.20 vs. OC: -0.5 )
OC' s 10-Year ROE (%) Range
Min: -30.7   Max: 25.6
Current: -0.5
-30.7
25.6
ROA (%) -0.3
OC's ROA (%) is ranked lower than
85% of the 417 Companies
in the Global Building Materials industry.

( Industry Median: 2.40 vs. OC: -0.3 )
OC' s 10-Year ROA (%) Range
Min: -46.9   Max: 13
Current: -0.3
-46.9
13
ROC (Joel Greenblatt) (%) 4.20
OC's ROC (Joel Greenblatt) (%) is ranked lower than
68% of the 417 Companies
in the Global Building Materials industry.

( Industry Median: 8.30 vs. OC: 4.20 )
OC' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -269.1   Max: 56.2
Current: 4.2
-269.1
56.2
Revenue Growth (%) 3.5
OC's Revenue Growth (%) is ranked higher than
73% of the 417 Companies
in the Global Building Materials industry.

( Industry Median: 0.00 vs. OC: 3.5 )
OC' s 10-Year Revenue Growth (%) Range
Min: -37.5   Max: 31.2
Current: 3.5
-37.5
31.2
EBITDA Growth (%) 0.5
OC's EBITDA Growth (%) is ranked higher than
76% of the 417 Companies
in the Global Building Materials industry.

( Industry Median: 0.00 vs. OC: 0.5 )
OC' s 10-Year EBITDA Growth (%) Range
Min: -64.2   Max: 136.5
Current: 0.5
-64.2
136.5
ยป OC's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

OC Guru Trades in Q2 2012

Jim Simons 29,300 sh (New)
Ron Baron 8,865 sh (New)
John Griffin 2,550,000 sh (New)
Steven Cohen 98,191 sh (New)
Lee Ainslie 4,338,920 sh (+106.07%)
David Tepper 2,256,151 sh (+53.55%)
Richard Pzena 1,136,294 sh (+7.93%)
Chuck Royce 850,700 sh (unchged)
Bruce Kovner Sold Out
Steve Mandel 940,800 sh (-62.17%)
George Soros 77,500 sh (-78.77%)
» More
Q3 2012

OC Guru Trades in Q3 2012

Louis Moore Bacon 25,000 sh (New)
Ron Baron 33,600 sh (+279.02%)
John Griffin 5,360,000 sh (+110.2%)
Richard Pzena 1,391,543 sh (+22.46%)
David Tepper 2,422,895 sh (+7.39%)
Lee Ainslie Sold Out
Jim Simons Sold Out
Steve Mandel Sold Out
George Soros Sold Out
Chuck Royce 808,000 sh (-5.02%)
Steven Cohen 18,400 sh (-81.26%)
» More
Q4 2012

OC Guru Trades in Q4 2012

RS Investment Management 312,960 sh (New)
Pioneer Investments 495,400 sh (New)
Alan Fournier 1,764,400 sh (New)
Steven Cohen 2,712,086 sh (+14639.6%)
John Griffin 6,670,000 sh (+24.44%)
Ron Baron 40,200 sh (+19.64%)
Chuck Royce 808,000 sh (unchged)
Louis Moore Bacon Sold Out
David Tepper 2,367,616 sh (-2.28%)
Richard Pzena 1,050,368 sh (-24.52%)
» More
Q1 2013

OC Guru Trades in Q1 2013

Ron Baron 94,100 sh (+134.08%)
Alan Fournier 3,175,000 sh (+79.95%)
RS Investment Management 362,510 sh (+15.83%)
David Tepper 2,703,509 sh (+14.19%)
John Griffin 7,155,000 sh (+7.27%)
Chuck Royce 808,000 sh (unchged)
Steven Cohen 2,697,565 sh (-0.54%)
Richard Pzena 980,480 sh (-6.65%)
Pioneer Investments 336,340 sh (-32.11%)
» More
» Details

Insider Trades

Latest Guru Trades with OC

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Griffin 2013-03-31 Add 7.27%0.24%$36.99 - $43.39 $ 44.2110%7155000
Ron Baron 2013-03-31 Add 134.08%0.01%$36.99 - $43.39 $ 44.2110%94100
John Griffin 2012-12-31 Add 24.44%0.67%$29.63 - $37.05 $ 44.2131%6670000
Lee Ainslie 2012-09-30 Sold Out 1.8%$26.11 - $35.67 $ 44.2144%0
John Griffin 2012-09-30 Add 110.2%1.47%$26.11 - $35.67 $ 44.2144%5360000
Steve Mandel 2012-09-30 Sold Out 0.16%$26.11 - $35.67 $ 44.2144%0
George Soros 2012-09-30 Sold Out 0.03%$26.11 - $35.67 $ 44.2144%0
Ron Baron 2012-09-30 Add 279.02%0.01%$26.11 - $35.67 $ 44.2144%33600
John Griffin 2012-06-30 New Buy1.1%$26.57 - $35.47 $ 44.2141%2550000
Lee Ainslie 2012-06-30 Add 106.07%0.93%$26.57 - $35.47 $ 44.2141%4338920
Steve Mandel 2012-06-30 Reduce -62.17%0.34%$26.57 - $35.47 $ 44.2141%940800
George Soros 2012-06-30 Reduce -78.77%0.15%$26.57 - $35.47 $ 44.2141%77500
Ron Baron 2012-06-30 New Buy$26.57 - $35.47 $ 44.2141%8865
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Owens-Corning, Inc.

John Griffin More than Doubles His Stake in Owens Corning
October 24, 2012
John Griffin - John Griffin More Than Doubles His Stake In Owens Corning
John Griffin, president of hedge fund Blue Ridge Capital, has added more than 4.1 million shares to his holding of residential and commercial building material producer Owens Corning (OC), reported on Oct. 9 on GuruFocus Real Time Picks. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 111.70
OC's P/E(ttm) is ranked lower than
91% of the 347 Companies
in the Global Building Materials industry.

( Industry Median: 19.60 vs. OC: 111.70 )
OC' s 10-Year P/E(ttm) Range
Min: 0.2   Max: 113.31
Current: 111.7
0.2
113.31
P/B 1.50
OC's P/B is ranked lower than
64% of the 409 Companies
in the Global Building Materials industry.

( Industry Median: 1.03 vs. OC: 1.50 )
OC' s 10-Year P/B Range
Min: 0.25   Max: 1.55
Current: 1.5
0.25
1.55
P/S 1.00
OC's P/S is ranked lower than
58% of the 416 Companies
in the Global Building Materials industry.

( Industry Median: 0.77 vs. OC: 1.00 )
OC' s 10-Year P/S Range
Min: 0.12   Max: 3.28
Current: 1
0.12
3.28
PFCF 133.90
OC's PFCF is ranked lower than
94% of the 269 Companies
in the Global Building Materials industry.

( Industry Median: 16.56 vs. OC: 133.90 )
OC' s 10-Year PFCF Range
Min: 3.87   Max: 4279
Current: 133.9
3.87
4279
EV-to-EBIT 34.5
OC's EV-to-EBIT is ranked lower than
80% of the 333 Companies
in the Global Building Materials industry.

( Industry Median: 14.68 vs. OC: 34.5 )
OC' s 10-Year EV-to-EBIT Range
Min: 0.1   Max: 47.9
Current: 34.5
0.1
47.9
PEG 23.7
OC's PEG is ranked lower than
94% of the 109 Companies
in the Global Building Materials industry.

( Industry Median: 2.15 vs. OC: 23.7 )
OC' s 10-Year PEG Range
Min: 4.76   Max: 23.9
Current: 23.7
4.76
23.9
Shiller P/E 61.2
OC's Shiller P/E is ranked lower than
100% of the Companies
in the Global Building Materials industry.

( Industry Median: vs. OC: 61.2 )
OC' s 10-Year Shiller P/E Range
Min: 0.84   Max: 62.93
Current: 61.2
0.84
62.93

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 6.5
OC's Price/Net Current Asset Value is ranked higher than
51% of the 365 Companies
in the Global Building Materials industry.

( Industry Median: 6.80 vs. OC: 6.5 )
OC' s 10-Year Price/Net Current Asset Value Range
Min: 2.6   Max: 5.7
Current: 6.5
2.6
5.7
Price/Tangible Book 3.9
OC's Price/Tangible Book is ranked lower than
84% of the 394 Companies
in the Global Building Materials industry.

( Industry Median: 1.10 vs. OC: 3.9 )
OC' s 10-Year Price/Tangible Book Range
Min: 1.6   Max: 6.2
Current: 3.9
1.6
6.2
Price/DCF (Projected) 1.7
OC's Price/DCF (Projected) is ranked lower than
66% of the 91 Companies
in the Global Building Materials industry.

( Industry Median: 1.20 vs. OC: 1.7 )
OC' s 10-Year Price/DCF (Projected) Range
Min: 0.6   Max: 1.5
Current: 1.7
0.6
1.5
Price/Median PS Value 1.5
OC's Price/Median PS Value is ranked lower than
76% of the 395 Companies
in the Global Building Materials industry.

( Industry Median: 1.10 vs. OC: 1.5 )
OC' s 10-Year Price/Median PS Value Range
Min: 0.6   Max: 1.3
Current: 1.5
0.6
1.3
Price/Peter Lynch Fair Value 17.6
OC's Price/Peter Lynch Fair Value is ranked lower than
98% of the 45 Companies
in the Global Building Materials industry.

( Industry Median: 1.30 vs. OC: 17.6 )
OC' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0   Max: 0
Current: 17.6
Earnings Yield (Greenblatt) 2.90
OC's Earnings Yield (Greenblatt) is ranked lower than
65% of the 417 Companies
in the Global Building Materials industry.

( Industry Median: 5.40 vs. OC: 2.90 )
OC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.1   Max: 1787.2
Current: 2.9
2.1
1787.2
Forward Rate of Return (Yacktman) 6.79
OC's Forward Rate of Return (Yacktman) is ranked higher than
87% of the 417 Companies
in the Global Building Materials industry.

( Industry Median: 0.00 vs. OC: 6.79 )
OC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -0.7   Max: 45.4
Current: 6.79
-0.7
45.4

Business Description

Owens-Corning, Inc. was founded in 1938. The Company is a global producer of glass fiber reinforcements and other materials for composite systems and of residential and commercial building materials. The Company operates within two segments: Composites, which includes the Company's Reinforcements and Downstream businesses; and Building Materials, which includes the Company's Insulation, Roofing, and Other businesses. Through these lines of business, Owens Corning manufactures and sells products worldwide. The Company maintains market positions in all of its major product categories. Owens Corning glass fiber materials can be found in over 40,000 end-use applications within seven primary markets: power and energy, housing, water distribution, industrial, transportation, consumer and aerospace/military. Such end-use applications include pipe, roofing shingles, sporting goods, computers, telecommunications cables, boats, aircraft, defense, automotive, industrial containers, and wind-energy. Its products are manufactured and sold worldwide. The Company mainly sells its products directly to parts molders and fabricators. Within the building and construction market, its Composites segment sells glass fiber and/or glass mat directly to a small number of major shingle manufacturers, including its own Roofing business. The insulating products of the Company help customers conserve energy, provide improved acoustical performance and offer convenience of installation and use, making them a preferred insulating product for new home construction and remodeling. These products include thermal and acoustical batts, loose fill insulation, foam sheathing and accessories, and are sold under well-recognized brand names and trademarks such as Owens Corning PINK FIBERGLAS(r) Insulation. The Company sells its insulation products mainly to insulation installers, home centers, lumberyards, retailers and distributors in the United States and Canada. The raw materials used are natural gas, and raw materials, such as asphalt and polystyrene. All of the markets it serves are highly competitive. The Company competes with manufacturers and distributors, both within and outside the United States, in the sale of insulating products and composite products. Owens Corning is committed to complying with all environmental laws and regulations that are applicable to its operations.
Company Website
Industry: Building Materials
Compare:HCMLF, JHX, AHCHY, LFRGY, SHW
Traded in other countries:O5Q.Germany
ยป More Articles for NYSE:OC

Headlines

Articles On GuruFocus.com
John Griffin More than Doubles His Stake in Owens Corning Oct 24 2012 
Latest Picks from Hedge Fund Blue Ridge Capital Aug 21 2012 
Richard Pzena of Pzena Investment Management Second-Quarter Commentary Jul 27 2012 
Weekly Top Insider Buys: MDT, KMI, WIN, ENDP, OC Jun 25 2012 
5 Construction Supply Stocks to Consider for 2012 Apr 02 2012 
Weekly Guru Bargains Highlights: Whirlpool Corp, Plexus Corp, Pulte Homes Inc, Owens Corning, Covanc Sep 18 2010 
Weekly CFO Buys Highlight: Cott Corp., T3 Energy Services, Brandywine Realty Trust, CRM Holdings, Co Mar 29 2009 
Owens Corning (OC) CFO Duncan Palmer buys 6,000 Shares Mar 20 2009 
Owens Corning (OC) CEO Michael H Thaman buys 25,000 Shares Mar 13 2009 
New Guru Added: David Tepper of Appaloosa Management Apr 24 2007 

More From Our Partners
Northrop Grumman Corp Stock Buy Recommendation Reiterated (NOC) May 24 2013 - THESTREET

Personalized Checklist





Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial