Optical Operating Profit Margin from 2010 to 2024

OCC Stock  USD 2.30  0.09  3.77%   
Optical Cable's Operating Profit Margin is decreasing over the years with slightly volatile fluctuation. Operating Profit Margin is expected to dwindle to 0.01. During the period from 2010 to 2024 Optical Cable Operating Profit Margin annual values regression line had geometric mean of  0.03 and mean square error of  0.01. View All Fundamentals
 
Operating Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.0158
Current Value
0.015
Quarterly Volatility
0.08041761
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Optical Cable financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Optical Cable's main balance sheet or income statement drivers, such as Depreciation And Amortization of 844.9 K, Interest Expense of 1.1 M or Selling General Administrative of 20.6 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0133 or PTB Ratio of 0.94. Optical financial statements analysis is a perfect complement when working with Optical Cable Valuation or Volatility modules.
  
Check out the analysis of Optical Cable Correlation against competitors.
For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.

Latest Optical Cable's Operating Profit Margin Growth Pattern

Below is the plot of the Operating Profit Margin of Optical Cable over the last few years. It is Optical Cable's Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Optical Cable's overall financial position and show how it may be relating to other accounts over time.
Operating Profit Margin10 Years Trend
Slightly volatile
   Operating Profit Margin   
       Timeline  

Optical Operating Profit Margin Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.03
Coefficient Of Variation886.70
Mean Deviation0.04
Median0.01
Standard Deviation0.08
Sample Variance0.01
Range0.3634
R-Value(0.44)
Mean Square Error0.01
R-Squared0.19
Significance0.10
Slope(0.01)
Total Sum of Squares0.09

Optical Operating Profit Margin History

2024 0.015
2023 0.0158
2022 0.0138
2021 0.006847
2020 -0.0334
2019 -0.1
2018 -0.0724

About Optical Cable Financial Statements

Optical Cable stakeholders use historical fundamental indicators, such as Optical Cable's Operating Profit Margin, to determine how well the company is positioned to perform in the future. Although Optical Cable investors may analyze each financial statement separately, they are all interrelated. For example, changes in Optical Cable's assets and liabilities are reflected in the revenues and expenses on Optical Cable's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Optical Cable. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Profit Margin 0.02  0.02 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Optical Cable offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Optical Cable's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Optical Cable Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Optical Cable Stock:
Check out the analysis of Optical Cable Correlation against competitors.
For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Optical Cable. If investors know Optical will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Optical Cable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.75)
Revenue Per Share
8.284
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.08)
Return On Equity
(0.25)
The market value of Optical Cable is measured differently than its book value, which is the value of Optical that is recorded on the company's balance sheet. Investors also form their own opinion of Optical Cable's value that differs from its market value or its book value, called intrinsic value, which is Optical Cable's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Optical Cable's market value can be influenced by many factors that don't directly affect Optical Cable's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Optical Cable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Optical Cable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optical Cable's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.