OSI SYSTEMS INC (OSIS)
US6710441055 - Common Stock
OSIS gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 127 industry peers in the Electronic Equipment, Instruments & Components industry. While OSIS belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. OSIS is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
OSIS had positive earnings in the past year.
OSIS had a negative operating cash flow in the past year.
Each year in the past 5 years OSIS has been profitable.
Each year in the past 5 years OSIS had a positive operating cash flow.
1.2 Ratios
OSIS has a better Return On Assets (6.88%) than 80.80% of its industry peers.
Looking at the Return On Equity, with a value of 15.48%, OSIS belongs to the top of the industry, outperforming 84.80% of the companies in the same industry.
OSIS has a better Return On Invested Capital (10.80%) than 80.80% of its industry peers.
OSIS had an Average Return On Invested Capital over the past 3 years of 10.39%. This is in line with the industry average of 9.33%.
The 3 year average ROIC (10.39%) for OSIS is below the current ROIC(10.80%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.88% | ||
| ROE | 15.48% | ||
| ROIC | 10.8% |
ROA(3y)6.41%
ROA(5y)6.06%
ROE(3y)14.09%
ROE(5y)13.43%
ROIC(3y)10.39%
ROIC(5y)9.91%
1.3 Margins
OSIS has a better Profit Margin (8.57%) than 80.00% of its industry peers.
In the last couple of years the Profit Margin of OSIS has grown nicely.
The Operating Margin of OSIS (12.87%) is better than 84.80% of its industry peers.
OSIS's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 35.32%, OSIS is doing good in the industry, outperforming 63.20% of the companies in the same industry.
OSIS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.87% | ||
| PM (TTM) | 8.57% | ||
| GM | 35.32% |
OM growth 3Y5.37%
OM growth 5Y6.02%
PM growth 3Y3.6%
PM growth 5YN/A
GM growth 3Y-2.27%
GM growth 5Y-1.3%
2. Health
2.1 Basic Checks
OSIS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for OSIS has been reduced compared to 1 year ago.
Compared to 5 years ago, OSIS has less shares outstanding
Compared to 1 year ago, OSIS has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.33 indicates that OSIS is not in any danger for bankruptcy at the moment.
OSIS has a Altman-Z score of 3.33. This is in the better half of the industry: OSIS outperforms 60.80% of its industry peers.
A Debt/Equity ratio of 0.59 indicates that OSIS is somewhat dependend on debt financing.
OSIS has a Debt to Equity ratio of 0.59. This is in the lower half of the industry: OSIS underperforms 79.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.33 |
ROIC/WACC1.19
WACC9.04%
2.3 Liquidity
OSIS has a Current Ratio of 1.47. This is a normal value and indicates that OSIS is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.47, OSIS is not doing good in the industry: 79.20% of the companies in the same industry are doing better.
A Quick Ratio of 0.89 indicates that OSIS may have some problems paying its short term obligations.
OSIS's Quick ratio of 0.89 is on the low side compared to the rest of the industry. OSIS is outperformed by 83.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 44.10% over the past year.
OSIS shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.28% yearly.
OSIS shows a strong growth in Revenue. In the last year, the Revenue has grown by 22.13%.
OSIS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.25% yearly.
EPS 1Y (TTM)44.1%
EPS 3Y10.52%
EPS 5Y11.28%
EPS growth Q2Q44.97%
Revenue 1Y (TTM)22.13%
Revenue growth 3Y3.12%
Revenue growth 5Y3.25%
Revenue growth Q2Q33.84%
3.2 Future
OSIS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.77% yearly.
Based on estimates for the next years, OSIS will show a quite strong growth in Revenue. The Revenue will grow by 13.17% on average per year.
EPS Next Y31.8%
EPS Next 2Y18.77%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year21.57%
Revenue Next 2Y13.17%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 16.98, which indicates a correct valuation of OSIS.
Based on the Price/Earnings ratio, OSIS is valued a bit cheaper than the industry average as 77.60% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of OSIS to the average of the S&P500 Index (28.11), we can say OSIS is valued slightly cheaper.
A Price/Forward Earnings ratio of 15.39 indicates a correct valuation of OSIS.
Based on the Price/Forward Earnings ratio, OSIS is valued a bit cheaper than 76.80% of the companies in the same industry.
OSIS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.98 | ||
| Fwd PE | 15.39 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OSIS is valued a bit cheaper than 77.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10 |
4.3 Compensation for Growth
OSIS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
OSIS has an outstanding profitability rating, which may justify a higher PE ratio.
OSIS's earnings are expected to grow with 18.77% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.53
PEG (5Y)1.51
EPS Next 2Y18.77%
EPS Next 3YN/A
5. Dividend
5.1 Amount
OSIS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSI SYSTEMS INC
NASDAQ:OSIS (5/7/2024, 7:14:51 PM)
After market: 134.86 0 (0%)134.86
+2.52 (+1.9%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.30B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS beat(16)
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Revenue beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
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Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.98 | ||
| Fwd PE | 15.39 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.53
PEG (5Y)1.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.88% | ||
| ROE | 15.48% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 12.87% | ||
| PM (TTM) | 8.57% | ||
| GM | 35.32% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.47 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)44.1%
EPS 3Y10.52%
EPS 5Y
EPS growth Q2Q
EPS Next Y31.8%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)22.13%
Revenue growth 3Y3.12%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y