We started the process of determining a valid price forecast for Ossen Innovation Co Ltd with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Ossen Innovation Co Ltd ranked in the 0th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Ossen Innovation Co Ltd, consider:
The company's compound free cash flow growth rate over the past 5.06 years comes in at -0.31%; that's greater than only 4.5% of US stocks we're applying DCF forecasting to.
The company has produced more trailing twelve month cash flow than just 1.2% of its sector Basic Materials.
Ossen Innovation Co Ltd's weighted average cost of capital (WACC) is 8%; for context, that number is higher than just 14.45% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
AEM, BIOX, GSTX, NGD, and TGEN can be thought of as valuation peers to OSN, in the sense that they are in the Basic Materials sector and have a similar price forecast based on DCF valuation.
Ossen Innovation (OSN) +30% received a preliminary non-binding proposal letter from Pujiang International who holds 65.9% in the Company, to acquire balance shares for $1.667 in cash per share, or $5.00 in cash per ADS. The Board intends to form a special committee consisting of independent directors to consider the proposal.Source: Press Release...
Ossen Innovation Co., Ltd. ("Ossen Innovation" or the "Company") (Nasdaq: OSN), a China-based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, today announced that preliminary revenues, gross profit and net income attributable to Ossen Innovation for the full year 2019 are expected to be $138.9 million, $22.4 million and $10.9 million, compared to $136.1 million, $20.5 million and $10.4 million for the same period of last year.