Omega Flex Inc
General ticker "OFLX" information:
- Sector: Industrials
- Industry: Machinery
- Capitalization: $474.1M
Omega Flex Inc does not follow the US Stock Market performance with the rate: -27.5%.
Estimated limits based on current volatility of 2.6%: low 40.92$, high 43.13$
Factors to consider:
- Company pays dividends: last record date 2024-12-19, amount 0.34$ (Y3.19%)
- Current price 21.5% below estimated low
- Earnings for 9 months up through Q3 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [54.41$, 94.48$]
- 2024-12-30 to 2025-12-30 estimated range: [51.55$, 89.24$]
Financial Metrics affecting the OFLX estimates:
- Positive: 0.93 < Non-GAAP EPS, $ of 2.05
- Positive: Operating profit margin, % of 23.15 > 19.51
- Positive: -0.96 < Investing cash flow per share, $ of -0.16
- Positive: Interest expense per share, $ of 0 <= 0
- Positive: Return on assets ratio (scaled to [-100,100]) of 17.16 > 7.10
- Positive: 4.38 < Industry earnings per price (median), % of 4.44
- Positive: 3.85 < Industry operating cash flow per share per price (median), % of 5.53
Short-term OFLX quotes
Long-term OFLX plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $130.01MM | $125.49MM | $111.47MM |
| Operating Expenses | $94.95MM | $94.47MM | $85.67MM |
| Operating Income | $35.06MM | $31.02MM | $25.80MM |
| Non-Operating Income | $0.06MM | $-0.04MM | $1.75MM |
| Interest Expense | $0.00MM | $0.17MM | $0.00MM |
| R&D Expense | $4.61MM | $4.73MM | $3.87MM |
| Income(Loss) | $35.12MM | $30.98MM | $27.55MM |
| Taxes | $8.86MM | $7.33MM | $6.78MM |
| Profit(Loss) | $26.26MM | $23.65MM | $20.76MM |
| Stockholders Equity | $60.35MM | $70.98MM | $78.69MM |
| Inventory | $15.56MM | $17.76MM | $15.60MM |
| Assets | $88.92MM | $97.68MM | $100.23MM |
| Operating Cash Flow | $25.15MM | $15.25MM | $23.42MM |
| Capital expenditure | $0.97MM | $0.94MM | $1.64MM |
| Investing Cash Flow | $-0.97MM | $-0.94MM | $-1.64MM |
| Financing Cash Flow | $-14.87MM | $-9.49MM | $-13.12MM |
| Earnings Per Share* | $2.60 | $2.34 | $2.06 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.