Green Plains, Inc. (GPRE) vs Olin Corporation (OLN)

Green Plains, Inc. and Olin Corporation are both Chemicals companies. Olin Corporation is the larger, with a market value of $1.9B against $1.1B — 1.8× the size. Olin Corporation has negative trailing earnings, so its P/E is not meaningful; Green Plains, Inc. trades at 8.3×. Olin Corporation grew revenue faster over the last twelve months: 0.60% against −23.7%. Green Plains, Inc. has the higher net margin (6.78% vs −2.94%) and the higher return on invested capital (7.48% vs −1.44%). Across the 20 metrics below, Green Plains, Inc. leads on 16 and Olin Corporation on 4.

Valuation

Metric GPRE OLN Chemicals median
P/E 8.34 n/m —
P/S 0.56 0.28 0.44
P/B 1.19 1.09 1.13
Price to free cash flow 3.34 18.60 7.30
EV/EBITDA 5.49 12.29 9.48
EV/Sales 0.71 0.72 0.86
Earnings yield 11.99% (10.53%) (10.53%)
Free cash flow yield 29.93% 5.38% 4.86%

Profitability

Metric GPRE OLN Chemicals median
Gross margin 16.03% 6.87% 16.03%
Operating margin 7.44% (1.57%) (0.82%)
Net margin 6.78% (2.94%) (3.05%)
Free cash flow margin 16.88% 1.50% 1.50%
Return on equity 15.40% (10.64%) (5.24%)
Return on assets 7.58% (2.61%) (2.51%)
Return on invested capital 7.48% (1.44%) (0.75%)

Growth

Metric GPRE OLN Chemicals median
Revenue growth (TTM) (23.68%) 0.60% 2.53%
EPS growth (last fiscal year) (39.53%) (196.95%) —
Revenue growth, 5-year CAGR 1.69% 3.32% 2.20%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric GPRE OLN Chemicals median
Debt to equity 0.59 1.77 0.71
Current ratio 1.99 1.42 1.99
Net debt to EBITDA 3.49 5.05 3.49

Dividend

Metric GPRE OLN Chemicals median
Dividend yield — 1.63% 2.33%
Payout ratio 0.00 0.13 0.00

Size

Metric GPRE OLN Chemicals median
Market cap 1.05b 1.91b 643.59m

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