Optex Systems Holdings, Stock Piotroski F Score

OPXS Stock  USD 8.97  0.03  0.34%   
This module uses fundamental data of Optex Systems to approximate its Piotroski F score. Optex Systems F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Optex Systems Holdings,. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Optex Systems financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Optex Systems Altman Z Score, Optex Systems Correlation, Optex Systems Valuation, as well as analyze Optex Systems Alpha and Beta and Optex Systems Hype Analysis.
  
At this time, Optex Systems' Debt Ratio is comparatively stable compared to the past year. At this time, Optex Systems' Intangibles To Total Assets are comparatively stable compared to the past year. Average Receivables is likely to gain to about 1.3 M in 2024, whereas Average Inventory is likely to drop slightly above 5.3 M in 2024.
At this time, it appears that Optex Systems' Piotroski F Score is Poor. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
4.0
Piotroski F Score - Poor
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Optex Systems Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Optex Systems is to make sure Optex is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Optex Systems' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Optex Systems' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.1 KK
Sufficiently Up
Slightly volatile
Gross Profit Margin0.140.0929
Way Up
Very volatile
Total Current Liabilities3.1 M4.7 M
Way Down
Slightly volatile
Non Current Liabilities Total2.1 MM
Way Down
Slightly volatile
Total Assets15 M25.6 M
Way Down
Slightly volatile
Total Current Assets11.6 M20.2 M
Way Down
Slightly volatile

Optex Systems Holdings, F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Optex Systems' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Optex Systems in a much-optimized way.

About Optex Systems Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

(0.36)

At this time, Optex Systems' Book Value Per Share is comparatively stable compared to the past year.

Optex Systems 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, Optex Systems' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Optex Systems' managers, analysts, and investors.
Environmental
Governance
Social

About Optex Systems Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Optex Systems Holdings,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Optex Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Optex Systems Holdings, 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.

Thematic Opportunities

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Additional Tools for Optex Stock Analysis

When running Optex Systems' price analysis, check to measure Optex Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Optex Systems is operating at the current time. Most of Optex Systems' value examination focuses on studying past and present price action to predict the probability of Optex Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optex Systems' price. Additionally, you may evaluate how the addition of Optex Systems to your portfolios can decrease your overall portfolio volatility.