Added to YB: 2026-09-14
Pitch date: 2026-09-10
OC [bullish]
Owens Corning
Author Info
No bio for this author
Company Info
Owens Corning provides residential and commercial building products in the United States, Europe, the Asia Pacific, and internationally.
Market Cap
$10.2B
Pitch Price
N/A
Price Target
182.50
Dividend
2.46%
EV/EBITDA
7.48
P/E
-24.45
EV/Sales
1.59
Sector
Building Products
Category
turnaround
This Company Multi-bags Every Time El Niño Hits. No One Is Talking About It. - Owens Corning
OC: Owens Corning offers outsized exposure to a NOAA-forecast 2026-2027 Super El Niño, as insured, non-discretionary storm repairs drive roofing demand and margins. Prior cycles lifted 2016 roofing EBIT to $486M from $266M and 2023 EBIT to $1.2B. Applying 9x EV/EBITDA to modeled 35-50% EBITDA growth implies roughly a doubling under a moderate event and a near tripling in the super-event case, plus a ~2.5% yield; asphalt costs and weather uncertainty are key risks.
Read full article (14 min)