Loading institutional data...
Loading institutional data...
Insufficient data to determine institutional momentum.
Data as of Q3 2026
Loading snapshot...
Loading financials...
Loading valuation...
Loading analysis...
Loading dividends & returns...
Loading capital allocation...
Loading debt & leverage...
Loading performance...
Loading peer comparison...
Loading insider activity...
Loading ownership map...
Loading crowding analysis...
Loading conviction analysis...
Loading buy/sell flow...
Loading ownership trends...
Loading top holders...
Loading top holders...
What the company returns to shareholders — and whether it's covered by cash.
The dividend is comfortably covered — only 23% of free cash flow, leaving room to grow it and fund buybacks. Last year: $10.4M dividends + $12.6M buybacks = $22.9M returned on $45.9M FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: 19%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $73.7M covers all $24.0M of scheduled principal — no refinancing pressure. Scheduled principal only (excludes interest & revolver draws). As of 2026-07-31 (10-K).
Insufficient EBITDA/debt history.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest is easily covered by operating profit.
Cash vs short-term debt unavailable.
Short-term / long-term split not separately reported.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
EOD close · as of 2026-10-29
How a revenue dollar becomes profit — FY2026
Dividends and buybacks are cash paid out, shown here against the same year's profit for scale — not funded from it.
Each value shows its share of revenue below it (common-size).
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $493.8M 100.0% | $485.6M 100.0% | $437.6M 100.0% | $413.0M 100.0% | $348.6M 100.0% | $305.0M 100.0% | $283.2M 100.0% | $277.0M 100.0% | $266.0M 100.0% | $262.3M 100.0% |
| Cost of Revenue | $356.3M 72.2% | $342.5M 70.5% | $312.5M 71.4% | $309.8M 75.0% | $286.1M 82.1% | $239.7M 78.6% | $214.5M 75.7% | $211.4M 76.3% | $194.1M 73.0% | $188.6M 71.9% |
| Cost of Products | — | — | — | — | — | — | — | — | $194.0M 72.9% | $188.6M 71.9% |
| Gross Profit | $137.5M 27.8% | $143.1M 29.5% | $125.1M 28.6% | $103.2M 25.0% | $62.5M 17.9% | $65.2M 21.4% | $68.7M 24.3% | $65.7M 23.7% | $71.9M 27.0% | $73.7M 28.1% |
| Research & Development | $2.1M 0.4% | $2.4M 0.5% | $2.1M 0.5% | $1.2M 0.3% | $2.1M 0.6% | $2.5M 0.8% | $2.8M 1.0% | $3.2M 1.2% | $3.4M 1.3% | $3.2M 1.2% |
| Selling, General & Admin | $69.5M 14.1% | $74.9M 15.4% | $73.4M 16.8% | $62.2M 15.1% | $52.0M 14.9% | $52.2M 17.1% | $56.9M 20.1% | $55.2M 19.9% | $56.0M 21.1% | $58.5M 22.3% |
| Operating Income | $68.0M 13.8% | $68.2M 14.0% | $51.6M 11.8% | $41.0M 9.9% | $4.8M 1.4% | $13.0M 4.3% | $24.8M 8.8% | $10.4M 3.8% | $15.9M 6.0% | $15.2M 5.8% |
| Interest Expense | $2.2M 0.4% | $2.4M 0.5% | $1.8M 0.4% | $1.5M 0.4% | $1.2M 0.4% | $722K 0.2% | $518K 0.2% | $594K 0.2% | $676K 0.3% | $888K 0.3% |
| Interest & Investment Income | $1.6M 0.3% | $698K 0.1% | $873K 0.2% | $465K 0.1% | $45K 0.0% | $71K 0.0% | $259K 0.1% | $250K 0.1% | $259K 0.1% | $95K 0.0% |
| Other Income (Expense), net | $1.5M 0.3% | -$2.0M -0.4% | -$2.0M -0.5% | -$6.4M -1.5% | $888K 0.3% | $332K 0.1% | -$1.8M -0.6% | $4.1M 1.5% | -$1.0M -0.4% | -$685K -0.3% |
| Pretax Income | $69.5M 14.1% | $66.2M 13.6% | $49.7M 11.3% | $34.7M 8.4% | $5.7M 1.6% | $13.4M 4.4% | $23.0M 8.1% | $14.5M 5.3% | $14.9M 5.6% | $14.5M 5.5% |
| Income Tax Expense | $12.5M 2.5% | $12.2M 2.5% | $10.2M 2.3% | $5.2M 1.3% | $97K 0.0% | $2.4M 0.8% | $4.3M 1.5% | $1.9M 0.7% | $6.6M 2.5% | $3.8M 1.4% |
| Net Income | $57.0M 11.5% | $54.0M 11.1% | $39.4M 9.0% | $29.6M 7.2% | $5.7M 1.6% | $11.1M 3.6% | $18.9M 6.7% | $12.6M 4.6% | $8.2M 3.1% | $10.8M 4.1% |
| Per Share | ||||||||||
| EPS (Diluted) | — | — | — | — | — | — | — | $1.67 | $1.11 | $1.47 |
| Weighted Avg Shares (Diluted) | — | — | — | — | — | — | — | 7.3M | 7.2M | 7.2M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Ranked against 16 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-09-30.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AMCR | $21.8B | 19.8× | 10.3× | 0.9× | 56.6% | 20.0% | 4.7% | 9.4% | 4.3% | 3.8× | — |
| HAS | $16.9B | — | 137.3× | 3.1× | 13.1% | 75.8% | -6.0% | -57.0% | -8.4% | — | 207 |
| GOLF | $5.0B | 27.6× | 16.8× | 2.0× | 4.1% | 47.7% | 7.4% | 24.1% | 10.9% | 2.7× | 66 |
| MAT | $4.4B | 12.3× | 7.6× | 0.8× | -0.6% | 48.7% | 7.4% | 17.8% | 8.7% | 1.5× | 84 |
| BRC | $3.9B | — | 12.1× | 2.3× | 9.8% | 51.7% | 12.4% | 15.1% | 15.0% | -0.6× | 65 |
| YETI | $3.1B | 21.1× | 12.0× | 1.7× | 2.1% | 57.4% | 8.9% | 25.4% | 22.9% | 0.3× | 102 |
| CALY | $2.7B | — | 14.3× | 1.3× | -0.8% | 42.1% | -19.9% | -19.8% | -14.8% | -1.2× | 66 |
| PTON | $2.3B | 37.6× | 11.2× | 0.9× | -1.8% | 52.6% | 2.6% | -45.2% | 5.3% | 0.6× | 90 |
| ODC | $1.1B | — | 11.3× | 2.2× | 1.7% | 27.8% | 11.5% | 19.1% | 19.1% | -0.8× | 26 |
| DAKT | $951M | 21.5× | 10.4× | 1.1× | 10.9% | 27.3% | 5.4% | 15.1% | 14.6% | -1.5× | 31 |
| JOUT | $473M | — | 77.1× | 0.8× | -0.1% | 35.1% | -5.8% | -8.2% | -8.2% | — | 28 |
| FNKO | $375M | — | 41.1× | 0.4× | -13.5% | — | -7.4% | -36.3% | -16.4% | 13.5× | 16 |
| JAKK | $374M | 37.8× | 13.2× | 3.3× | -83.6% | — | 8.7% | 4.0% | 4.0% | -2.1× | 15 |
| ESCA | $277M | 20.3× | 12.4× | 1.1× | -4.5% | 26.9% | 5.7% | 7.9% | 7.1% | 0.8× | 18 |
| AOUT | $232M | — | 61.1× | 1.2× | -14.3% | 44.7% | -4.8% | -5.6% | -5.6% | -6.2× | 11 |
| CLAR | $172M | — | — | 0.7× | -5.2% | 33.1% | -18.6% | -23.7% | -23.7% | — | 12 |
| TOYO | $163M | 3.4× | 1.5× | 0.4× | 142% | 22.5% | 9.3% | 35.6% | 27.9% | -0.2× | — |
Peers = companies sharing ODC's sector (Miscellaneous Manufacturing Industries) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
Solve the discounted cash flow backwards, then stress-test the assumptions.
Average free cash flow across the last 3 positive fiscal years (FY2024, FY2025, FY2026). Smooths the cycle. Stock compensation is NOT charged — it is added back inside operating cash flow.
To be worth $73.26 today, the market must believe free cash flow compounds 7.2%/yr for a decade (off $40.6M on the 3-yr avg basis).
On the basis ($35.5M) the requirement is 8.9%/yr. Shares issued to employees are added back in operating cash flow, so this basis treats them as free.
The market's 7.2% is more conservative than its 9-yr track record.
Default is 8.5% — this company's computed cost of capital (computed WACC), the same rate the Analysis tab discounts at.
2-stage DCF · 0.01B shares (market data) · net debt -$73.7M
mean -7.1% · volatility σ 106% · implied rate exceeded in 3/6 yrs
Central path = implied 7.2%/yr growth; shaded band = ±1σ (106%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Top 28 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Last reported position per insider, carried forward. Steps can be a holding disclosed for the first time rather than a trade.
| Date | Insider | What it was | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-19 | Lamson Christopher B Group Vice President | Tax withholding | 2,228 | $70.49 | $157k |
| 2026-10-19 | Christiansen Aaron Vice President of Operations | Tax withholding | 8,811 | $70.49 | $621k |
| 2026-10-19 | Jaffee Daniel S Chairman, President and CEO | Tax withholding | 27,125 | $70.49 | — |
| 2026-10-16 | Ryan Amy Director | Open-market sale | 1,100 | $78.80 | $87k |
| 2026-10-15 |
Every row is classified by what it MEANT, not by its SEC code. A code is not a meaning: code P (“purchase”) also covers dividend reinvestment and employee stock purchase plans, and code S (“sale”) also covers 10b5-1 plan sales scheduled months earlier and option exercises sold the same day.
Across 30 days of all filings, $5.08bn of insider selling contained $3.50bn of plan sales and $0.46bn of exercise-and-sell. Only 29% was discretionary. Reading an unclassified feed badly overstates how much insiders decided.
Buys and sales are counted separately and never netted. They are different decisions by different people; a company where one officer bought while another sold is not “neutral”.
The holding line carries each insider's last reported position forward, so it shows the total held rather than a sawtooth of whoever traded that day. It covers only insiders who filed in the window.
“Filed late” counts calendar days past the two-business-day deadline with five days' grace, so a Thursday or Friday trade crossing a weekend is never flagged. It describes the company's filing discipline, not the trade.
Insider activity is descriptive. Nothing here is investment advice.
EOD close · as of 2026-10-29
Earns 13.86pts above its cost of capital, positive in 4 of the last 5 years.
| Fiscal year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| FY2017 | 28.1% | 5.8% | 4.1% |
| FY2018 | 27.0% | 6.0% | 3.1% |
| FY2019 | 23.7% | 3.8% | 4.6% |
| FY2020 | 24.3% | 8.8% | 6.7% |
| FY2021 | 21.4% | 4.3% | 3.6% |
| FY2022 | 17.9% | 1.4% | 1.6% |
| FY2023 | 25.0% | 9.9% | 7.2% |
| FY2024 | 28.6% | 11.8% | 9.0% |
| FY2025 | 29.5% | 14.0% | 11.1% |
| FY2026 | 27.8% | 13.8% | 11.5% |
The spread was positive in only 4 of the last 5 years.
Lamson Christopher B Group Vice President |
| Open-market saleindirect |
| 7,000 |
| $80.27 |
| $562k |
| 2026-10-15 | 3 co-filers Chairman, President and CEO | Gift | 10,000 | $0.00 | $0 |
| 2026-10-13 | 3 co-filers Chairman, President and CEO | Other | 10,000 | $0.00 | $0 |
| 2026-10-13 | 3 co-filers Chairman, President and CEO | Other | 10,000 | $0.00 | — |
| 2026-04-22 | Chube Ellen-Blair Director | Open-market sale | 1,390 | $73.06 | $102k |
| 2026-03-13 | Hindsley Paul Director | Open-market sale | 6,000 | $63.90 | $383k |
| 2026-01-20 | Robey Walter Wade VP, Ag ODC; President, Amlan | Tax withholding | 693 | $56.04 | $39k |
| 2026-01-20 | Lamson Christopher B Group Vice President | Tax withholding | 3,528 | $56.04 | $198k |
| 2025-12-23 | Nemeroff Michael A Director | Gift | 5,987 | $0.00 | $0 |
| 2025-12-23 | Roeth George C Director | Gift | 2,000 | $0.00 | $0 |
| 2025-12-15 | Schmeda Patricia J Director | Grant | 1,000 | $51.68 | $52k |
| 2025-12-15 | Selig Allan H Director | Grant | 1,000 | $51.68 | $52k |
| 2025-12-15 | Roeth George C Director | Grant | 1,000 | $51.68 | $52k |
| 2025-12-15 | Ryan Amy Director | Grant | 1,000 | $51.68 | $52k |
| 2025-12-15 | Hindsley Paul Director | Grant | 1,000 | $51.68 | $52k |
| 2025-12-15 | Chube Ellen-Blair Director | Grant | 1,000 | $51.68 | $52k |
| 2025-12-15 | Washow Lawrence E Director | Grant | 1,000 | $51.68 | $52k |
| 2025-12-15 | Nemeroff Michael A Director | Grant | 1,000 | $51.68 | $52k |
Where each multiple sits in its own 15-yr range
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 15-yr history.
Is the profit real, and how strong is the balance sheet?
FY2026 · every deduction from revenue to net income
DuPont — the three levers
ROE 19% against ROIC 19% — 0% of the return on equity comes from leverage and buybacks rather than from the operating business.
Equity is the year-end figure. On average equity over the two year-ends, ROE is 20.5% — the two diverge when buybacks or issuance move equity during the year.
What the company owes vs. what it holds
This shows debt/cash structure and net leverage. The year-by-year maturity schedule is on the Debt & Leverage tab.
Latest year: profit growth vs revenue growth
Profit and sales moved in opposite directions this year.
Each line as % of revenue — the trend in color
| % of revenue | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 76.3 | 75.7 | 78.6 | 82.1 | 75.0 | 71.4 | 70.5 | 72.2 |
| Gross Profit | 23.7 | 24.3 | 21.4 | 17.9 | 25.0 | 28.6 | 29.5 | 27.8 |
| R&D | 1.2 | 1.0 | 0.8 | 0.6 | 0.3 | 0.5 | 0.5 | 0.4 |
| SG&A | 19.9 | 20.1 | 17.1 | 14.9 | 15.1 | 16.8 | 15.4 | 14.1 |
| Operating Income | 3.8 | 8.8 | 4.3 | 1.4 | 9.9 | 11.8 | 14.0 | 13.8 |
| Income Tax | 0.7 | 1.5 | 0.8 | 0.0 | 1.3 | 2.3 | 2.5 | 2.5 |
| Net Income | 4.6 | 6.7 | 3.6 | 1.6 | 7.2 | 9.0 | 11.1 | 11.5 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on ODC: price, valuation and headline fundamentals from SEC filings. The four questions at the top of the page are where the judgements live.
Return on equity (19%) and return on invested capital (19%) are within a couple of points in FY2026, so the headline return is the operating return — there is no meaningful leverage effect to strip out.
$16M of goodwill — 7% of invested capital. The gap is what was paid above the fair value of what was bought; it is real capital shareholders provided, so neither bar is the whole answer.
| Period | ROIC | Cost of capital | Spread |
|---|---|---|---|
| FY2020 | 16.2% | 8.5% (today's — no rate published for this year) | 7.7pts |
| FY2021 | 7.0% | 8.5% (today's — no rate published for this year) | -1.5pts |
| FY2022 | 2.5% | 7.0% | -4.5pts |
| FY2023 | 20.2% | 8.7% | 11.6pts |
| FY2024 | 19.4% | 7.8% | 11.5pts |
| FY2025 | 23.6% | 8.1% | 15.6pts |
| FY2026 | 22.1% | 8.3% | 13.8pts |
| Now | 19.1% | 8.5% | 10.6pts |
Cash conversion of 0.20x sits below the level that would make the earnings clearly cash-backed.
| Step | Amount | Running total |
|---|---|---|
| Net income | $57M | $57M |
| Share-based comp | $5M | $62M |
| Other non-cash & working capital | $18M | $80M |
| Operating cash flow | $80M | $80M |
| Capex | −$34M | $46M |
| Free cash flow | $46M | $46M |
| FCF after SBC | $41M | $41M |
| Fiscal year | Revenue growth | Receivables growth | Gap |
|---|---|---|---|
| FY2021 | 7.7% | 17.2% | 9.5 points |
| FY2022 | 14.3% | 26.3% | 12.0 points |
| FY2023 | 18.5% | 14.7% | -3.8 points |
| FY2024 | 6.0% | 4.9% | -1.1 points |
| FY2025 | 11.0% | 11.6% | 0.6 points |
| FY2026 | 1.7% | 8.8% | 7.0 points |
| Fiscal year | DSO | DIO | DPO | Cash conversion cycle |
|---|---|---|---|---|
| FY2020 | 45 days | 40.7 days | 21.3 days | 64.3 days |
| FY2021 | 49 days | 35.9 days | 14 days | 70.9 days |
| FY2022 | 54.1 days | 51.6 days | 17.1 days | 88.6 days |
| FY2023 | 52.4 days | 50.2 days | 20.1 days | 82.5 days |
| FY2024 | 51.9 days | 63.3 days | 17.5 days | 97.7 days |
| FY2025 | 52.1 days | 55 days | 17.9 days | 89.2 days |
| FY2026 | 55.8 days | 54.8 days | 16.5 days | 94 days |
| Fiscal year | Accruals / assets |
|---|---|
| FY2020 | -10.0 percent |
| FY2021 | -1.1 percent |
| FY2022 | -1.3 percent |
| FY2023 | -7.1 percent |
| FY2024 | -5.9 percent |
| FY2025 | -6.7 percent |
| FY2026 | -5.4 percent |
Below the line, the asset base is being consumed faster than it is replaced.
Depreciation here includes amortisation of acquired intangibles — goodwill written down over time, customer lists, acquired technology. Capex does not replace those and is not meant to, so an acquisitive or asset-light company sits below 1.0 permanently and correctly. The signal is cleanest for capital-intensive businesses, where the two measure the same physical base. For that reason this informs the earnings-quality verdict but never caps it.
Reported free cash flow is $46M; after share-based compensation it is $41M. The difference is a real cost that the cash flow statement adds back.
Covers interest 21.6x even after a 30% EBITDA decline.
| EBITDA decline | Interest coverage |
|---|---|
| 0% | 30.91x |
| 5% | 29.37x |
| 10% | 27.82x |
| 15% | 26.28x |
| 20% | 24.73x |
| 25% | 23.19x |
| 30% | 21.64x |
| 35% | 20.09x |
| 40% | 18.55x |
| 45% | 17.00x |
| 50% | 15.46x |
| 55% | 13.91x |
| 60% | 12.37x |
Ladder as of 2026-07-31 (10-K); cash from the 2026-07-31 balance sheet; FCF from FY2026.
Balance sheet at 2026-07-31. Undrawn revolving credit is not shown: the tag is collected but not yet mapped through to the API.
Operating leases are $14,715,000 of the $14,715,000 total — a fixed obligation that does not appear in a headline debt figure.
At $75.03, free cash flow must compound 7.71%/yr for 10 years. It has done 8.77%/yr over 6 years.
| Fiscal year | FCF growth | Price requires |
|---|---|---|
| FY2021 | −118.8% | 7.7% |
| FY2024 | 11.5% | 7.7% |
| FY2025 | 68.2% | 7.7% |
| FY2026 | −3.6% | 7.7% |
The implied rate has been matched or beaten in 2 of the last 4 years.
SBC is added back inside operating cash flow, so reported free cash flow treats shares issued to employees as free. Percent of revenue says how expensive the payroll is; percent of operating cash flow says how much of the cash exists only because the charge was added back. The buyback offset is buybacks over SBC — below 1.0 the repurchase does not cover the shares issued.
Figures are the latest fiscal year (FY2026) from the company's own filings, not a trailing-twelve-month window — Q2 reads fiscal years throughout so the cash-conversion ratios and these share one basis. A blank is a line the filer did not report; it is never read as zero.