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IRIDEX CORP (IRIX) Stock Fundamental Analysis

NASDAQ:IRIX - Nasdaq - US4626841013 - Common Stock - Currency: USD

0.998  -0.05 (-4.95%)

Fundamental Rating

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Overall IRIX gets a fundamental rating of 1 out of 10. We evaluated IRIX against 188 industry peers in the Health Care Equipment & Supplies industry. Both the profitability and financial health of IRIX have multiple concerns. IRIX does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

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1. Profitability

1.1 Basic Checks

IRIX had negative earnings in the past year.
IRIX had a negative operating cash flow in the past year.
IRIX had negative earnings in each of the past 5 years.
IRIX had negative operating cash flow in 4 of the past 5 years.
IRIX Yearly Net Income VS EBIT VS OCF VS FCFIRIX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5M -5M -10M

1.2 Ratios

IRIX has a Return On Assets (-20.83%) which is in line with its industry peers.
The Return On Equity of IRIX (-104.09%) is worse than 63.83% of its industry peers.
Industry RankSector Rank
ROA -20.83%
ROE -104.09%
ROIC N/A
ROA(3y)-25.41%
ROA(5y)-21.92%
ROE(3y)-189.74%
ROE(5y)-125.62%
ROIC(3y)N/A
ROIC(5y)N/A
IRIX Yearly ROA, ROE, ROICIRIX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100 -200 -300 -400

1.3 Margins

IRIX has a worse Gross Margin (41.18%) than 67.55% of its industry peers.
In the last couple of years the Gross Margin of IRIX has remained more or less at the same level.
The Profit Margin and Operating Margin are not available for IRIX so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 41.18%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.83%
GM growth 5Y-0.6%
IRIX Yearly Profit, Operating, Gross MarginsIRIX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40

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2. Health

2.1 Basic Checks

IRIX does not have a ROIC to compare to the WACC, probably because it is not profitable.
IRIX has more shares outstanding than it did 1 year ago.
IRIX has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, IRIX has a worse debt to assets ratio.
IRIX Yearly Shares OutstandingIRIX Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M
IRIX Yearly Total Debt VS Total AssetsIRIX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M

2.2 Solvency

IRIX has an Altman-Z score of -1.88. This is a bad value and indicates that IRIX is not financially healthy and even has some risk of bankruptcy.
IRIX has a Altman-Z score of -1.88. This is in the lower half of the industry: IRIX underperforms 63.30% of its industry peers.
IRIX has a Debt/Equity ratio of 0.53. This is a neutral value indicating IRIX is somewhat dependend on debt financing.
IRIX's Debt to Equity ratio of 0.53 is on the low side compared to the rest of the industry. IRIX is outperformed by 63.30% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF N/A
Altman-Z -1.88
ROIC/WACCN/A
WACC8.66%
IRIX Yearly LT Debt VS Equity VS FCFIRIX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M 20M 30M

2.3 Liquidity

A Current Ratio of 1.95 indicates that IRIX should not have too much problems paying its short term obligations.
With a Current ratio value of 1.95, IRIX is not doing good in the industry: 67.02% of the companies in the same industry are doing better.
IRIX has a Quick Ratio of 1.27. This is a normal value and indicates that IRIX is financially healthy and should not expect problems in meeting its short term obligations.
IRIX has a Quick ratio of 1.27. This is in the lower half of the industry: IRIX underperforms 68.62% of its industry peers.
Industry RankSector Rank
Current Ratio 1.95
Quick Ratio 1.27
IRIX Yearly Current Assets VS Current LiabilitesIRIX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M

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3. Growth

3.1 Past

IRIX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 35.82%, which is quite impressive.
IRIX shows a decrease in Revenue. In the last year, the revenue decreased by -2.25%.
Measured over the past years, IRIX shows a small growth in Revenue. The Revenue has been growing by 2.29% on average per year.
EPS 1Y (TTM)35.82%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%52.38%
Revenue 1Y (TTM)-2.25%
Revenue growth 3Y-3.35%
Revenue growth 5Y2.29%
Sales Q2Q%1.18%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y49%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.44%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
IRIX Yearly Revenue VS EstimatesIRIX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M 50M
IRIX Yearly EPS VS EstimatesIRIX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -0.2 -0.4 -0.6 -0.8 -1

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4. Valuation

4.1 Price/Earnings Ratio

IRIX reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year IRIX is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
IRIX Price Earnings VS Forward Price EarningsIRIX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
IRIX Per share dataIRIX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

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5. Dividend

5.1 Amount

IRIX does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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IRIDEX CORP

NASDAQ:IRIX (5/30/2025, 8:05:40 PM)

0.998

-0.05 (-4.95%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)05-13 2025-05-13/amc
Earnings (Next)08-06 2025-08-06/amc
Inst Owners19.45%
Inst Owner Change-2.54%
Ins Owners3.68%
Ins Owner Change1.16%
Market Cap16.76M
Analysts43.33
Price TargetN/A
Short Float %2.14%
Short Ratio2.63
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.13%
Min EPS beat(2)1.96%
Max EPS beat(2)18.3%
EPS beat(4)2
Avg EPS beat(4)-10.29%
Min EPS beat(4)-30.72%
Max EPS beat(4)18.3%
EPS beat(8)3
Avg EPS beat(8)-50.43%
EPS beat(12)6
Avg EPS beat(12)-27.92%
EPS beat(16)9
Avg EPS beat(16)-18.72%
Revenue beat(2)0
Avg Revenue beat(2)-5.02%
Min Revenue beat(2)-5.67%
Max Revenue beat(2)-4.37%
Revenue beat(4)0
Avg Revenue beat(4)-5.62%
Min Revenue beat(4)-9.18%
Max Revenue beat(4)-3.26%
Revenue beat(8)0
Avg Revenue beat(8)-7.8%
Revenue beat(12)1
Avg Revenue beat(12)-5.44%
Revenue beat(16)4
Avg Revenue beat(16)-2.69%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.34
P/FCF N/A
P/OCF N/A
P/B 2.45
P/tB 3.59
EV/EBITDA N/A
EPS(TTM)-0.43
EYN/A
EPS(NY)-0.28
Fwd EYN/A
FCF(TTM)-0.41
FCFYN/A
OCF(TTM)-0.4
OCFYN/A
SpS2.91
BVpS0.41
TBVpS0.28
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -20.83%
ROE -104.09%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 41.18%
FCFM N/A
ROA(3y)-25.41%
ROA(5y)-21.92%
ROE(3y)-189.74%
ROE(5y)-125.62%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.83%
GM growth 5Y-0.6%
F-Score4
Asset Turnover1.43
Health
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.95
Quick Ratio 1.27
Altman-Z -1.88
F-Score4
WACC8.66%
ROIC/WACCN/A
Cap/Depr(3y)23.78%
Cap/Depr(5y)23.52%
Cap/Sales(3y)0.25%
Cap/Sales(5y)0.28%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)35.82%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%52.38%
EPS Next Y49%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-2.25%
Revenue growth 3Y-3.35%
Revenue growth 5Y2.29%
Sales Q2Q%1.18%
Revenue Next Year5.44%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y52.38%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year69.51%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y27.63%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y25.51%
OCF growth 3YN/A
OCF growth 5YN/A