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Oil-Dri Is Deeply Undervalued
ODCOil-Dri of America(ODC) Seeking Alpha·2024-08-12 05:53

SergeyChayko/iStock via Getty Images The Oil-Dri Corporation of America (NYSE:ODC) is a small, well managed producer of sorbent products. Despite some shakiness in 2021, since 2020, the firm has enjoyed rising profitability, earned large amounts of undervalued free cash flows, with a yield of 5.4%, given out dividends that are well-supported by these free cash flows, and created $48.8 million in value. The market has not adapted to this and Oil-Dri is very pessimistically valued, at a 26% discount to its in ...