Optical Cable Stock Current Valuation

OCC Stock  USD 2.30  0.09  3.77%   
Valuation analysis of Optical Cable helps investors to measure Optical Cable's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of November 25, 2024, Enterprise Value Over EBITDA is expected to decline to 12.65. In addition to that, Enterprise Value Multiple is expected to decline to 12.65. Fundamental drivers impacting Optical Cable's valuation include:
Price Book
0.9661
Enterprise Value
28.8 M
Enterprise Value Ebitda
15.5831
Price Sales
0.3048
Enterprise Value Revenue
0.4462
Overvalued
Today
2.30
Please note that Optical Cable's price fluctuation is out of control at this time. Calculation of the real value of Optical Cable is based on 3 months time horizon. Increasing Optical Cable's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Optical Cable is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Optical Stock. However, Optical Cable's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  2.3 Real  2.19 Hype  2.53 Naive  2.4
The real value of Optical Stock, also known as its intrinsic value, is the underlying worth of Optical Cable Company, which is reflected in its stock price. It is based on Optical Cable's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Optical Cable's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
2.19
Real Value
241.19
Upside
Estimating the potential upside or downside of Optical Cable helps investors to forecast how Optical stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Optical Cable more accurately as focusing exclusively on Optical Cable's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.332.372.42
Details
Hype
Prediction
LowEstimatedHigh
0.132.53241.53
Details
Naive
Forecast
LowNext ValueHigh
0.052.40128.26
Details

Optical Cable Company Current Valuation Analysis

Optical Cable's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Optical Cable Current Valuation

    
  28.79 M  
Most of Optical Cable's fundamental indicators, such as Current Valuation, 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.

Optical Current Valuation Driver Correlations

Understanding the fundamental principles of building solid financial models for Optical Cable is extremely important. It helps to project a fair market value of Optical Stock properly, considering its historical fundamentals such as Current Valuation. Since Optical Cable's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Optical Cable's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Optical Cable's interrelated accounts and indicators.
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Click cells to compare fundamentals

Optical Current Valuation Historical Pattern

Today, most investors in Optical Cable Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Optical Cable's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Optical Cable current valuation as a starting point in their analysis.
   Optical Cable Current Valuation   
       Timeline  
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Optical Cable has a Current Valuation of 28.79 M. This is 99.85% lower than that of the Communications Equipment sector and 99.6% lower than that of the Information Technology industry. The current valuation for all United States stocks is 99.83% higher than that of the company.

Optical Current Valuation 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 Current Valuation 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 current valuation 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.
201920202021202220232024 (projected)
Market Cap19.6M30.0M26.9M21.4M24.6M23.3M
Enterprise Value34.6M38.2M37.2M30.9M35.5M33.8M

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

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.

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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.