Olin serves many end markets, concentrating production around industrial manufacturing, construction, and small-arms ammunition. As the world's largest chlor-alkali producer, it manufactures caustic soda, chlorine, and hydrogen (collectively the electrochemical unit, or ECU). North America is heavily concentrated, with the top five producers controlling over three-fourths of the market; Olin alone accounts for roughly a third.
Global industry rationalization will tighten supply for chlor-alkalis, allowing Olin to achieve $1.5 billion-$2.0 billion in midcycle EBITDA.
Epoxy oversupply is structural and will force Olin to exit the business and realize cash losses associated with shutdowns.
|
Metric
|
OLN
|
4063
|
WLK
|
|---|---|---|---|
Price/Earnings (Normalized) | 24.00 | 24.57 | 86.34 |
Price/Book Value | 0.99 | 2.53 | 0.91 |
Price/Sales | 0.25 | 4.44 | 0.71 |
Price/Cash Flow | 6.86 | 15.24 | 8.44 |
|
Metric
|
OLN
|
4063
|
WLK
|
|---|---|---|---|
Quick Ratio | 0.76 | 4.21 | 1.65 |
Current Ratio | 1.36 | 5.94 | 2.45 |
Interest Coverage | −0.52 | 239.57 | −6.00 |
|
Metric
|
OLN
|
4063
|
WLK
|
|---|---|---|---|
Return on Assets (Normalized) | −1.91% | 12.95% | 0.67% |
Return on Equity (Normalized) | −7.75% | 16.23% | 1.45% |
Return on Invested Capital (Normalized) | −0.28% | 14.06% | 1.27% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Shin-Etsu Chemical Co Ltd DR
SHECY
| — | LOCK|sS@ | $70B | |||
| Shin-Etsu Chemical Co Ltd
SHECF
| — | LOCK|b@ | $70B | |||
| Basf SE
BFFAF
| — | LOCK|kl | $50B | |||
| Basf SE ADR
BASFY
| LOCK|$!S<hJ | LOCK|<@ | $50B | |||
| Resonac Holdings Corp
SHWDF
| — | LOCK|F#?s | $21B | |||
| Resonac Holdings Corp ADR
SHWDY
| — | LOCK|LDc!% | $21B | |||
| Dow Inc
DOW
| LOCK|?>F | LOCK|dhb | $21B | |||
| Nippon Sanso Holdings Corp ADR
NPXYY
| — | LOCK|%lFv | $15B | |||
| Celanese Corp Class A
CE
| LOCK|!& | LOCK|x%^ | $5B |
United States