Olin Corp (OLN) is undervalued and REX American Resources Corp (REX) is overvalued.
Against our estimates of intrinsic value, OLN trades at the wider discount: a margin of safety of +48%, against -26% for REX.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 7.5% (average of 2 methods) values the shares at $32.05; the price of $16.82 is 48% below that value, and 81% of that value comes from beyond year five.
Leak Score 53/100 on 8 of 12 signals
Discounting its cash flows at 8.4% (average of 3 methods) values the shares at $35.09; the price of $44.25 is 26% above that value, and 78% of that value comes from beyond year five.
Leak Score 65/100 on 8 of 12 signals
| Metric | OLN | REX |
|---|---|---|
| Verdict | Undervalued | Overvalued |
| Price | $16.82 | $44.25 |
| Intrinsic value | $32.05 | $35.09 |
| Margin of safety | +48% | -26% |
| Leak Score | 53/100 (8/12) | 65/100 (8/12) |
| Market cap | $1.9B | $1.5B |
| Revenue growth, 5 years | 3.3% | 11.7% |
| Operating margin | 0.6% | 15.2% |
| Net margin | -2.1% | 17.6% |
| Return on equity | -7.6% | 19.8% |
| Debt to equity | 1.99 | 0.03 |
| P/E | — | 12.1x |
| Forward P/E | 28.2x | — |
| P/B | 1.1x | 2.2x |
| Dividend yield | 4.8% | — |