Oil-Dri Corporation of America (ODC) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+53.1%

$112.21

vs $73.29 price

Levered DCF

$115.76

After debt service

Piotroski score

8 / 9

Strong

Altman Z-score

7.5

Safe zone

Rating

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	23.45×	14.14×	11.15×	14.08×	35.2×	21.96×	12.91×	19.48×
P/B	3.29×	2.81×	1.51×	1.71×	1.32×	1.47×	1.56×	1.74×
P/S	1.98×	1.5×	0.73×	0.73×	0.57×	0.77×	0.82×	0.85×
EV / EBITDA	10.11×	8.07×	5.15×	6.07×	11.16×	8.09×	5.66×	7.74×
Gross margin	27.8%	29.5%	28.6%	25.0%	17.9%	21.4%	26.8%	23.7%
Operating margin	13.8%	14.0%	12.1%	9.9%	3.0%	4.3%	3.7%	3.8%
Net margin	11.5%	11.1%	8.5%	6.8%	1.6%	3.5%	6.3%	4.4%
Current ratio	3.07×	2.56×	2.21×	2.32×	2.36×	2.61×	2.35×	2.74×
Debt / equity	0.18×	0.21×	0.34×	0.24×	0.3×	0.12×	0.14×	0.05×
Interest coverage	30.91×	28.03×	29.28×	28.03×	8.52×	18.06×	20.33×	17.53×
Dividend yield	1.1%	1.2%	2.5%	2.5%	3.7%	3.1%	3.0%	2.8%
Payout ratio	18.2%	15.5%	20.9%	26.5%	130.0%	67.7%	39.2%	54.9%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	19.1%	20.8%	17.7%	15.8%	3.8%	6.7%	12.1%	8.9%
Return on invested capital	15.3%	17.0%	14.3%	15.1%	5.0%	5.6%	4.4%	5.1%
Return on assets	13.3%	13.8%	10.5%	9.8%	2.3%	4.7%	7.6%	5.9%
Free cash flow yield	4.7%	6.6%	8.9%	8.4%	-6.5%	-2.2%	12.0%	5.0%
Earnings yield	5.8%	7.4%	11.7%	9.3%	2.8%	4.5%	7.7%	5.1%
Enterprise value	$959.7M	$731.4M	$364.3M	$313.7M	$227.9M	$228.7M	$212M	$220.4M
Net debt / EBITDA	-0.21×	0.05×	0.65×	0.21×	1.39×	-0.2×	-0.53×	-0.55×
Cash conversion cycle (days)	94	89	98	82	82	71	65	74