Ossen Innovation Co., Ltd. (OSN): Price and Financial Metrics


Ossen Innovation Co., Ltd. (OSN)

Today's Latest Price: $4.65 USD

0.05 (-1.06%)

Updated Jan 25 9:45am

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 39 in Steel

See all "A" rated Strong Buy stocks

OSN Stock Summary

  • OSN's current price/earnings ratio is 8.39, which is higher than merely 8.7% of US stocks with positive earnings.
  • The price/operating cash flow metric for Ossen Innovation Co Ltd is higher than 97.98% of stocks in our set with a positive cash flow.
  • With a year-over-year growth in debt of -29.47%, Ossen Innovation Co Ltd's debt growth rate surpasses merely 10.71% of about US stocks.
  • If you're looking for stocks that are quantitatively similar to Ossen Innovation Co Ltd, a group of peers worth examining would be CPAC, TGLS, PBH, RAND, and COOP.
  • OSN's SEC filings can be seen here. And to visit Ossen Innovation Co Ltd's official web site, go to www.osseninnovation.com.

OSN Stock Price Chart Interactive Chart >

Price chart for OSN

OSN Price/Volume Stats

Current price $4.65 52-week high $5.69
Prev. close $4.71 52-week low $1.50
Day low $4.65 Volume 18,129
Day high $4.66 Avg. volume 23,150
50-day MA $4.57 Dividend yield N/A
200-day MA $3.51 Market Cap 30.69M

OSN Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$4.65$0 -100%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Ossen Innovation Co Ltd. To summarize, we found that Ossen Innovation Co Ltd ranked in the 0th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 100%. In terms of the factors that were most noteworthy in this DCF analysis for OSN, they are:

  • The company's compound free cash flow growth rate over the past 4.08 years comes in at -0.61%; that's greater than merely 1.77% of US stocks we're applying DCF forecasting to.
  • The company has produced more trailing twelve month cash flow than just 1.17% 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 only 12.32% of tickers in our DCF set.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-100%
1%-100%
2%-100%
3%-100%
4%-100%
5%-100%

AEM, AZEK, GSTX, HUN, and NGD 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.


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Latest OSN News From Around the Web

Below are the latest news stories about Ossen Innovation Co Ltd that investors may wish to consider to help them evaluate OSN as an investment opportunity.

What We Make Of Ossen Innovation's (NASDAQ:OSN) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Yahoo | January 12, 2021

Ossen Innovation Enters into Definitive Merger Agreement for Going Private Transaction

SHANGHAI, Dec. 17, 2020 /PRNewswire/ – Ossen Innovation Co., Ltd. (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 it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with New Ossen Group Limited, an exempted company with limited liability incorporated under the Law of the British Virgin Islands (the "Parent"), and New Ossen Innovation Limited, an exempted company with limited liability incorporated under the Law of the British Virgin Islands and a wholly-owned Subsidiary of Parent ("Merger Sub"), pursuant to which the Parent will acquire the Company for US$1.70 in cash per ordinary share of the Company (the "Shares"), or US$5.10 in cash...

Yahoo | December 17, 2020

Ossen Innovation Announces Results of 2020 Annual General Meeting of Shareholders

Ossen Innovation Co., Ltd. ("Ossen" 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 the completion of its 2020 annual general meeting of shareholders which was held on November 23, 2020 at the Company's headquarters located at 518 Shangcheng Road, Floor 17, Shanghai, China.

Yahoo | November 26, 2020

Ossen Innovation Announces Appointment of Independent Financial Advisor to the Independent Special Committee

Ossen Innovation Co., Ltd. (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 the independent special committee (the "Independent Committee") of the Company's board of directors (the "Board"), formed on September 22, 2020 to evaluate and consider the previously announced preliminary non-binding acquisition proposal letter dated September 15, 2020 (the "Going-Private Proposal"), has retained Houlihan Lokey (China) Limited as its independent financial advisor to assist it in this process.

Yahoo | October 2, 2020

Ossen Innovation Announces Formation of Independent Special Committee to Consider "Going Private" Proposal

Ossen Innovation Co., Ltd. (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 its Board of Directors (the "Board") has formed a special committee consisting of two independent, disinterested directors (the "Independent Committee"), Mr. Junhong Li and Mr. Zhongcai Wu, to consider the previously announced preliminary non-binding proposal letter (the "Going-Private Proposal") that the Board received on September 15, 2020. Mr. Junhong Li will serve as chairman of the Independent Committee. The Independent Committee has retained DLA Piper as its international legal counsel, and intends to retain an independent financial advisor in due course, to assist it in this process.

Yahoo | September 22, 2020

Read More 'OSN' Stories Here

OSN Price Returns

1-mo N/A
3-mo 4.49%
6-mo 46.68%
1-year 57.09%
3-year -6.81%
5-year N/A
YTD -1.48%
2020 53.22%
2019 128.19%
2018 -53.13%
2017 39.81%
2016 -9.65%

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