Optical Cable Stock Fundamentals
| OCC Stock | USD 2.30 0.09 3.77% |
Optical Cable fundamentals help investors to digest information that contributes to Optical Cable's financial success or failures. It also enables traders to predict the movement of Optical Stock. The fundamental analysis module provides a way to measure Optical Cable's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Optical Cable stock.
At present, Optical Cable's EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 1.5 M, whereas Depreciation And Amortization is forecasted to decline to about 844.9 K. Optical | Select Account or Indicator |
Optical Cable Company Return On Equity Analysis
Optical Cable's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Optical Cable Return On Equity | -0.25 |
Most of Optical Cable's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Optical Cable is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Optical Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Optical Cable has a Return On Equity of -0.2533. This is 97.89% lower than that of the Communications Equipment sector and 94.97% lower than that of the Information Technology industry. The return on equity for all United States stocks is 18.29% lower than that of the firm.
Optical Cable Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Optical Cable's current stock value. Our valuation model uses many indicators to compare Optical Cable value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Optical Cable competition to find correlations between indicators driving Optical Cable's intrinsic value. More Info.Optical Cable is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Optical Cable's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Optical Cable's earnings, one of the primary drivers of an investment's value.Optical Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Optical Cable's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Optical Cable could also be used in its relative valuation, which is a method of valuing Optical Cable by comparing valuation metrics of similar companies.Optical Cable is currently under evaluation in return on equity category among its peers.
Optical Cable Current Valuation Drivers
We derive many important indicators used in calculating different scores of Optical Cable from analyzing Optical Cable's financial statements. These drivers represent accounts that assess Optical Cable's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Optical Cable's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 19.6M | 30.0M | 26.9M | 21.4M | 24.6M | 23.3M | |
| Enterprise Value | 34.6M | 38.2M | 37.2M | 30.9M | 35.5M | 33.8M |
Optical Cable ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Optical Cable's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Optical Cable's managers, analysts, and investors.Environmental | Governance | Social |
Optical Fundamentals
| Return On Equity | -0.25 | ||||
| Return On Asset | -0.0801 | ||||
| Profit Margin | (0.09) % | ||||
| Operating Margin | (0.08) % | ||||
| Current Valuation | 28.79 M | ||||
| Shares Outstanding | 8.22 M | ||||
| Shares Owned By Insiders | 34.63 % | ||||
| Shares Owned By Institutions | 16.45 % | ||||
| Number Of Shares Shorted | 16.64 K | ||||
| Price To Earning | 4.40 X | ||||
| Price To Book | 0.97 X | ||||
| Price To Sales | 0.30 X | ||||
| Revenue | 72.17 M | ||||
| Gross Profit | 20.51 M | ||||
| EBITDA | 1.94 M | ||||
| Net Income | 2.07 M | ||||
| Cash And Equivalents | 192.29 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 11 M | ||||
| Debt To Equity | 0.55 % | ||||
| Current Ratio | 4.16 X | ||||
| Book Value Per Share | 2.58 X | ||||
| Cash Flow From Operations | (395.68 K) | ||||
| Short Ratio | 1.83 X | ||||
| Earnings Per Share | (0.75) X | ||||
| Number Of Employees | 327 | ||||
| Beta | 0.47 | ||||
| Market Capitalization | 19.52 M | ||||
| Total Asset | 43.88 M | ||||
| Retained Earnings | 9.59 M | ||||
| Working Capital | 27.27 M | ||||
| Current Asset | 26.32 M | ||||
| Current Liabilities | 4.13 M | ||||
| Net Asset | 43.88 M |
About Optical Cable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Optical Cable's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Optical Cable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Optical Cable based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 20.9 K | 22 K | |
| Total Revenue | 83 M | 66.8 M | |
| Cost Of Revenue | 57.4 M | 43.2 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.26 | 0.25 | |
| Research And Ddevelopement To Revenue | 0.02 | 0.02 | |
| Capex To Revenue | 0.01 | 0.01 | |
| Revenue Per Share | 8.24 | 7.30 | |
| Ebit Per Revenue | 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 Optical Cable Piotroski F Score and Optical Cable Altman Z Score analysis. For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.