OMEGA FLEX INC (OFLX) Stock Fundamental Analysis
NASDAQ:OFLX - Nasdaq - US6820951043 - Common Stock - Currency: USD
OFLX gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 128 industry peers in the Machinery industry. OFLX has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. OFLX has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
OFLX had positive earnings in the past year.
In the past year OFLX had a positive cash flow from operations.
In the past 5 years OFLX has always been profitable.
Each year in the past 5 years OFLX had a positive operating cash flow.
1.2 Ratios
OFLX has a Return On Assets of 16.90%. This is amongst the best in the industry. OFLX outperforms 96.09% of its industry peers.
With an excellent Return On Equity value of 20.85%, OFLX belongs to the best of the industry, outperforming 83.59% of the companies in the same industry.
The Return On Invested Capital of OFLX (17.57%) is better than 91.41% of its industry peers.
OFLX had an Average Return On Invested Capital over the past 3 years of 24.41%. This is significantly above the industry average of 10.69%.
The 3 year average ROIC (24.41%) for OFLX is well above the current ROIC(17.57%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.9% | ||
| ROE | 20.85% | ||
| ROIC | 17.57% |
ROA(3y)20.63%
ROA(5y)23.83%
ROE(3y)27.1%
ROE(5y)33.57%
ROIC(3y)24.41%
ROIC(5y)30.78%
1.3 Margins
OFLX's Profit Margin of 17.40% is amongst the best of the industry. OFLX outperforms 93.75% of its industry peers.
OFLX's Profit Margin has improved in the last couple of years.
OFLX has a Operating Margin of 20.61%. This is amongst the best in the industry. OFLX outperforms 89.84% of its industry peers.
OFLX's Operating Margin has improved in the last couple of years.
The Gross Margin of OFLX (61.36%) is better than 96.88% of its industry peers.
OFLX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.61% | ||
| PM (TTM) | 17.4% | ||
| GM | 61.36% |
OM growth 3Y-7.72%
OM growth 5Y1.53%
PM growth 3Y-4.21%
PM growth 5Y2.67%
GM growth 3Y-0.78%
GM growth 5Y-0.66%
2. Health
2.1 Basic Checks
OFLX has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
OFLX has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for OFLX remains at a similar level compared to 5 years ago.
OFLX has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 14.69 indicates that OFLX is not in any danger for bankruptcy at the moment.
OFLX has a Altman-Z score of 14.69. This is amongst the best in the industry. OFLX outperforms 96.09% of its industry peers.
There is no outstanding debt for OFLX. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 14.69 |
ROIC/WACC1.76
WACC10%
2.3 Liquidity
A Current Ratio of 5.60 indicates that OFLX has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 5.60, OFLX belongs to the top of the industry, outperforming 93.75% of the companies in the same industry.
A Quick Ratio of 4.55 indicates that OFLX has no problem at all paying its short term obligations.
OFLX has a better Quick ratio (4.55) than 93.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.6 | ||
| Quick Ratio | 4.55 |
3. Growth
3.1 Past
The earnings per share for OFLX have decreased by -9.58% in the last year.
OFLX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.86% yearly.
The Revenue has decreased by -6.47% in the past year.
Measured over the past years, OFLX shows a decrease in Revenue. The Revenue has been decreasing by -1.81% on average per year.
EPS 1Y (TTM)-9.58%
EPS 3Y-11.79%
EPS 5Y0.86%
EPS Q2Q%-15.43%
Revenue 1Y (TTM)-6.47%
Revenue growth 3Y-7.86%
Revenue growth 5Y-1.81%
Sales Q2Q%-7.48%
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 YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
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.
4. Valuation
4.1 Price/Earnings Ratio
OFLX is valuated rather expensively with a Price/Earnings ratio of 20.24.
64.06% of the companies in the same industry are more expensive than OFLX, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of OFLX to the average of the S&P500 Index (27.30), we can say OFLX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.24 | ||
| Fwd PE | N/A |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as OFLX.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of OFLX indicates a somewhat cheap valuation: OFLX is cheaper than 63.28% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.94 | ||
| EV/EBITDA | 14.52 |
4.3 Compensation for Growth
OFLX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)23.6
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.74%, OFLX has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 1.81, OFLX pays a better dividend. On top of this OFLX pays more dividend than 94.53% of the companies listed in the same industry.
OFLX's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.74% |
5.2 History
The dividend of OFLX decreases each year by -21.73%.
OFLX has been paying a dividend for at least 10 years, so it has a reliable track record.
OFLX has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-21.73%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
78.48% of the earnings are spent on dividend by OFLX. This is not a sustainable payout ratio.
DP78.48%
EPS Next 2YN/A
EPS Next 3YN/A
34.81
-1.54 (-4.24%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners33.14%
Inst Owner Change0%
Ins Owners38.67%
Ins Owner Change-0.01%
Market Cap351.23M
Analysts0
Price TargetN/A
Short Float %1.34%
Short Ratio1.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.74% |
Yearly Dividend1.34
Dividend Growth(5Y)-21.73%
DP78.48%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.24 | ||
| Fwd PE | N/A | ||
| P/S | 3.52 | ||
| P/FCF | 19.94 | ||
| P/OCF | 17.82 | ||
| P/B | 4.22 | ||
| P/tB | 4.41 | ||
| EV/EBITDA | 14.52 |
EPS(TTM)1.72
EY4.94%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)1.75
FCFY5.01%
OCF(TTM)1.95
OCFY5.61%
SpS9.89
BVpS8.25
TBVpS7.9
PEG (NY)N/A
PEG (5Y)23.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.9% | ||
| ROE | 20.85% | ||
| ROCE | 23.27% | ||
| ROIC | 17.57% | ||
| ROICexc | 39.67% | ||
| ROICexgc | 43.59% | ||
| OM | 20.61% | ||
| PM (TTM) | 17.4% | ||
| GM | 61.36% | ||
| FCFM | 17.65% |
ROA(3y)20.63%
ROA(5y)23.83%
ROE(3y)27.1%
ROE(5y)33.57%
ROIC(3y)24.41%
ROIC(5y)30.78%
ROICexc(3y)53.69%
ROICexc(5y)63.64%
ROICexgc(3y)59.39%
ROICexgc(5y)71.39%
ROCE(3y)32.32%
ROCE(5y)40.75%
ROICexcg growth 3Y-18.11%
ROICexcg growth 5Y-9.16%
ROICexc growth 3Y-17.8%
ROICexc growth 5Y-8.15%
OM growth 3Y-7.72%
OM growth 5Y1.53%
PM growth 3Y-4.21%
PM growth 5Y2.67%
GM growth 3Y-0.78%
GM growth 5Y-0.66%
F-Score6
Asset Turnover0.97
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 160.2% | ||
| Cap/Sales | 2.1% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 90.11% | ||
| Profit Quality | 101.43% | ||
| Current Ratio | 5.6 | ||
| Quick Ratio | 4.55 | ||
| Altman-Z | 14.69 |
F-Score6
WACC10%
ROIC/WACC1.76
Cap/Depr(3y)131.57%
Cap/Depr(5y)110.83%
Cap/Sales(3y)1.4%
Cap/Sales(5y)1.09%
Profit Quality(3y)90.06%
Profit Quality(5y)91.34%
High Growth Momentum
Growth
EPS 1Y (TTM)-9.58%
EPS 3Y-11.79%
EPS 5Y0.86%
EPS Q2Q%-15.43%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-6.47%
Revenue growth 3Y-7.86%
Revenue growth 5Y-1.81%
Sales Q2Q%-7.48%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-12.69%
EBIT growth 3Y-14.98%
EBIT growth 5Y-0.3%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-8.7%
FCF growth 3Y-7.96%
FCF growth 5Y4.94%
OCF growth 1Y-4.33%
OCF growth 3Y-6.05%
OCF growth 5Y5.39%