OSI SYSTEMS INC (OSIS) Stock Fundamental Analysis
USA - NASDAQ:OSIS - US6710441055 - Common Stock
236.42 USD
+4.79 (+2.07%)
236.42 USD
0 (0%)
Taking everything into account, OSIS scores 5 out of 10 in our fundamental rating. OSIS was compared to 124 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 not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year OSIS was profitable.
In the past year OSIS had a positive cash flow from operations.
In the past 5 years OSIS has always been profitable.
The reported operating cash flow has been mixed in the past 5 years: OSIS reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of OSIS (6.80%) is better than 83.87% of its industry peers.
OSIS has a better Return On Equity (16.10%) than 85.48% of its industry peers.
With an excellent Return On Invested Capital value of 10.52%, OSIS belongs to the best of the industry, outperforming 84.68% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for OSIS is in line with the industry average of 9.48%.
The 3 year average ROIC (10.08%) for OSIS is below the current ROIC(10.52%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.8% | ||
| ROE | 16.1% | ||
| ROIC | 10.52% |
ROA(3y)6.4%
ROA(5y)6.51%
ROE(3y)14.41%
ROE(5y)14.57%
ROIC(3y)10.08%
ROIC(5y)10.3%
1.3 Margins
The Profit Margin of OSIS (8.38%) is better than 77.42% of its industry peers.
In the last couple of years the Profit Margin of OSIS has grown nicely.
OSIS's Operating Margin of 12.72% is amongst the best of the industry. OSIS outperforms 83.06% of its industry peers.
OSIS's Operating Margin has improved in the last couple of years.
OSIS has a Gross Margin of 33.94%. This is comparable to the rest of the industry: OSIS outperforms 53.23% of its industry peers.
In the last couple of years the Gross Margin of OSIS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.72% | ||
| PM (TTM) | 8.38% | ||
| GM | 33.94% |
OM growth 3Y6.01%
OM growth 5Y6.37%
PM growth 3Y-3.58%
PM growth 5Y6.23%
GM growth 3Y-1.5%
GM growth 5Y-1.02%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), OSIS is creating some value.
OSIS has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, OSIS has less shares outstanding
Compared to 1 year ago, OSIS has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.08 indicates that OSIS is not in any danger for bankruptcy at the moment.
OSIS has a better Altman-Z score (4.08) than 60.48% of its industry peers.
OSIS has a debt to FCF ratio of 26.40. This is a negative value and a sign of low solvency as OSIS would need 26.40 years to pay back of all of its debts.
OSIS has a Debt to FCF ratio of 26.40. This is comparable to the rest of the industry: OSIS outperforms 50.81% of its industry peers.
A Debt/Equity ratio of 0.71 indicates that OSIS is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.71, OSIS is not doing good in the industry: 81.45% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 26.4 | ||
| Altman-Z | 4.08 |
ROIC/WACC1.12
WACC9.39%
2.3 Liquidity
A Current Ratio of 2.11 indicates that OSIS has no problem at all paying its short term obligations.
With a Current ratio value of 2.11, OSIS perfoms like the industry average, outperforming 46.77% of the companies in the same industry.
OSIS has a Quick Ratio of 1.38. 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 Quick ratio value of 1.38, OSIS is not doing good in the industry: 61.29% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.11 | ||
| Quick Ratio | 1.38 |
3. Growth
3.1 Past
OSIS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.15%, which is quite good.
The Earnings Per Share has been growing by 15.24% on average over the past years. This is quite good.
OSIS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.34%.
The Revenue has been growing slightly by 8.00% on average over the past years.
EPS 1Y (TTM)15.15%
EPS 3Y17.05%
EPS 5Y15.24%
EPS Q2Q%14.08%
Revenue 1Y (TTM)11.34%
Revenue growth 3Y13.13%
Revenue growth 5Y8%
Sales Q2Q%4.99%
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 10.89% yearly.
Based on estimates for the next years, OSIS will show a small growth in Revenue. The Revenue will grow by 5.77% on average per year.
EPS Next Y9.56%
EPS Next 2Y10.37%
EPS Next 3Y10.89%
EPS Next 5YN/A
Revenue Next Year7.07%
Revenue Next 2Y5.89%
Revenue Next 3Y5.77%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 25.29, OSIS can be considered very expensive at the moment.
Based on the Price/Earnings ratio, OSIS is valued a bit cheaper than 73.39% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.06, OSIS is valued at the same level.
A Price/Forward Earnings ratio of 23.08 indicates a rather expensive valuation of OSIS.
OSIS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. OSIS is cheaper than 63.71% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of OSIS to the average of the S&P500 Index (22.64), we can say OSIS is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.29 | ||
| Fwd PE | 23.08 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OSIS is valued a bit cheaper than the industry average as 69.35% of the companies are valued more expensively.
The rest of the industry has a similar Price/Free Cash Flow ratio as OSIS.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 166.94 | ||
| EV/EBITDA | 16.49 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates OSIS does not grow enough to justify the current Price/Earnings ratio.
OSIS has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.64
PEG (5Y)1.66
EPS Next 2Y10.37%
EPS Next 3Y10.89%
5. Dividend
5.1 Amount
OSIS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
236.42
+4.79 (+2.07%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners121.66%
Inst Owner Change-2.48%
Ins Owners4.53%
Ins Owner Change0.48%
Market Cap3.98B
Analysts83.33
Price Target256.02 (8.29%)
Short Float %13.2%
Short Ratio11.69
Dividend
| Industry Rank | Sector 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)1
Avg EPS beat(2)0.67%
Min EPS beat(2)-0.49%
Max EPS beat(2)1.84%
EPS beat(4)2
Avg EPS beat(4)3.76%
Min EPS beat(4)-0.49%
Max EPS beat(4)13.95%
EPS beat(8)6
Avg EPS beat(8)5.84%
EPS beat(12)9
Avg EPS beat(12)4.31%
EPS beat(16)13
Avg EPS beat(16)3.99%
Revenue beat(2)1
Avg Revenue beat(2)0.59%
Min Revenue beat(2)-0.19%
Max Revenue beat(2)1.38%
Revenue beat(4)3
Avg Revenue beat(4)2.23%
Min Revenue beat(4)-0.19%
Max Revenue beat(4)6.68%
Revenue beat(8)5
Avg Revenue beat(8)1.37%
Revenue beat(12)5
Avg Revenue beat(12)0.28%
Revenue beat(16)7
Avg Revenue beat(16)0.18%
PT rev (1m)3.15%
PT rev (3m)3.15%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.62%
EPS NY rev (1m)0%
EPS NY rev (3m)0.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.16%
Revenue NY rev (1m)1.86%
Revenue NY rev (3m)1.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.29 | ||
| Fwd PE | 23.08 | ||
| P/S | 2.36 | ||
| P/FCF | 166.94 | ||
| P/OCF | 58.53 | ||
| P/B | 4.53 | ||
| P/tB | 12.71 | ||
| EV/EBITDA | 16.49 |
EPS(TTM)9.35
EY3.95%
EPS(NY)10.24
Fwd EY4.33%
FCF(TTM)1.42
FCFY0.6%
OCF(TTM)4.04
OCFY1.71%
SpS100.36
BVpS52.25
TBVpS18.61
PEG (NY)2.64
PEG (5Y)1.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.8% | ||
| ROE | 16.1% | ||
| ROCE | 14.55% | ||
| ROIC | 10.52% | ||
| ROICexc | 11.18% | ||
| ROICexgc | 17.69% | ||
| OM | 12.72% | ||
| PM (TTM) | 8.38% | ||
| GM | 33.94% | ||
| FCFM | 1.41% |
ROA(3y)6.4%
ROA(5y)6.51%
ROE(3y)14.41%
ROE(5y)14.57%
ROIC(3y)10.08%
ROIC(5y)10.3%
ROICexc(3y)10.76%
ROICexc(5y)11.05%
ROICexgc(3y)17.38%
ROICexgc(5y)20.25%
ROCE(3y)15.46%
ROCE(5y)14.81%
ROICexcg growth 3Y-16.7%
ROICexcg growth 5Y-1.58%
ROICexc growth 3Y-4.15%
ROICexc growth 5Y2.67%
OM growth 3Y6.01%
OM growth 5Y6.37%
PM growth 3Y-3.58%
PM growth 5Y6.23%
GM growth 3Y-1.5%
GM growth 5Y-1.02%
F-Score6
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 26.4 | ||
| Debt/EBITDA | 2.4 | ||
| Cap/Depr | 99.47% | ||
| Cap/Sales | 2.61% | ||
| Interest Coverage | 7.22 | ||
| Cash Conversion | 26.22% | ||
| Profit Quality | 16.84% | ||
| Current Ratio | 2.11 | ||
| Quick Ratio | 1.38 | ||
| Altman-Z | 4.08 |
F-Score6
WACC9.39%
ROIC/WACC1.12
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)15.15%
EPS 3Y17.05%
EPS 5Y15.24%
EPS Q2Q%14.08%
EPS Next Y9.56%
EPS Next 2Y10.37%
EPS Next 3Y10.89%
EPS Next 5YN/A
Revenue 1Y (TTM)11.34%
Revenue growth 3Y13.13%
Revenue growth 5Y8%
Sales Q2Q%4.99%
Revenue Next Year7.07%
Revenue Next 2Y5.89%
Revenue Next 3Y5.77%
Revenue Next 5YN/A
EBIT growth 1Y13.56%
EBIT growth 3Y19.93%
EBIT growth 5Y14.88%
EBIT Next Year31.34%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y133.97%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y286.99%
OCF growth 3YN/A
OCF growth 5YN/A