Omega Flex Net Income vs. Current Valuation
| OFLX Stock | USD 49.24 0.26 0.53% |
Net Income | First Reported 2003-03-31 | Previous Quarter 4.5 M | Current Value 4.6 M | Quarterly Volatility 1.9 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Gross Profit Margin | 0.45 | 0.6133 |
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| Net Profit Margin | 0.1 | 0.1863 |
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| Operating Profit Margin | 0.16 | 0.2315 |
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| Pretax Profit Margin | 0.16 | 0.2471 |
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| Return On Assets | 0.16 | 0.2071 |
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| Return On Equity | 0.24 | 0.2639 |
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For Omega Flex profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Omega Flex to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Omega Flex utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Omega Flex's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Omega Flex over time as well as its relative position and ranking within its peers.
Omega |
Is Industrial Machinery & Supplies & Components 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 Omega Flex. If investors know Omega 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 Omega Flex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.17) | Dividend Share 1.34 | Earnings Share 1.81 | Revenue Per Share 10.191 | Quarterly Revenue Growth (0.1) |
The market value of Omega Flex is measured differently than its book value, which is the value of Omega that is recorded on the company's balance sheet. Investors also form their own opinion of Omega Flex's value that differs from its market value or its book value, called intrinsic value, which is Omega Flex'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 Omega Flex's market value can be influenced by many factors that don't directly affect Omega Flex'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 Omega Flex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Omega Flex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Omega Flex'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.
Omega Flex Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Omega Flex's current stock value. Our valuation model uses many indicators to compare Omega Flex value to that of its competitors to determine the firm's financial worth. Omega Flex is rated below average in net income category among its peers. It is rated below average in current valuation category among its peers reporting about 22.00 of Current Valuation per Net Income. At this time, Omega Flex's Net Income is fairly stable compared to the past year. 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 Omega Flex's earnings, one of the primary drivers of an investment's value.Omega Current Valuation vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Omega Flex |
| = | 20.76 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Omega Flex |
| = | 456.83 M |
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.
Omega Current Valuation vs Competition
Omega Flex is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is now estimated at about 39.16 Billion. Omega Flex claims roughly 456.83 Million in current valuation contributing just under 2% to equities under Industrials industry.
Omega Flex Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Omega Flex, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Omega Flex will eventually generate negative long term returns. The profitability progress is the general direction of Omega Flex's change in net profit over the period of time. It can combine multiple indicators of Omega Flex, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -930 K | -883.5 K | |
| Operating Income | 25.8 M | 21.9 M | |
| Net Income | 20.8 M | 13.5 M | |
| Income Tax Expense | 6.8 M | 4.7 M | |
| Income Before Tax | 27.5 M | 19.3 M | |
| Net Income Applicable To Common Shares | 27.2 M | 28.5 M | |
| Total Other Income Expense Net | 1.7 M | 1.8 M | |
| Net Income From Continuing Ops | 22 M | 23.4 M | |
| Non Operating Income Net Other | -189.9 K | -180.4 K | |
| Interest Income | 1.7 M | 1.8 M | |
| Net Interest Income | 1.3 M | 1.4 M | |
| Change To Netincome | -1.6 M | -1.5 M | |
| Net Income Per Share | 2.06 | 2.16 | |
| Income Quality | 1.13 | 1.14 | |
| Net Income Per E B T | 0.75 | 0.54 |
Omega Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Omega Flex. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Omega Flex position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Omega Flex's important profitability drivers and their relationship over time.
Use Omega Flex in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Omega Flex position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Omega Flex will appreciate offsetting losses from the drop in the long position's value.Omega Flex Pair Trading
Omega Flex Pair Trading Analysis
The ability to find closely correlated positions to Omega Flex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Omega Flex when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Omega Flex - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Omega Flex to buy it.
The correlation of Omega Flex is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Omega Flex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Omega Flex moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Omega Flex can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Omega Flex position
In addition to having Omega Flex in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Omega Stock Analysis
When running Omega Flex's price analysis, check to measure Omega Flex's 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 Omega Flex is operating at the current time. Most of Omega Flex's value examination focuses on studying past and present price action to predict the probability of Omega Flex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omega Flex's price. Additionally, you may evaluate how the addition of Omega Flex to your portfolios can decrease your overall portfolio volatility.