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Optex Systems Holdings

OTCPK:OPXS
Snowflake Description

Excellent balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OPXS
OTCPK
$14M
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

Optex Systems Holdings, Inc. manufactures and sells optical sighting systems and assemblies primarily for the U.S. The last earnings update was 55 days ago. More info.


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  • Optex Systems Holdings has significant price volatility in the past 3 months.
OPXS Share Price and Events
7 Day Returns
-4.2%
OTCPK:OPXS
-14.4%
US Aerospace & Defense
-2%
US Market
1 Year Returns
-22%
OTCPK:OPXS
-23.1%
US Aerospace & Defense
-15.1%
US Market
OPXS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Optex Systems Holdings (OPXS) -4.2% -18.8% -26.3% -22% 142.4% -86.4%
US Aerospace & Defense -14.4% -31.2% -37.5% -23.1% -11.4% 10.4%
US Market -2% -19.7% -23.2% -15.1% 3.7% 14.4%
1 Year Return vs Industry and Market
  • OPXS outperformed the Aerospace & Defense industry which returned -23.1% over the past year.
  • OPXS underperformed the Market in United States of America which returned -15.1% over the past year.
Price Volatility
OPXS
Industry
5yr Volatility vs Market

OPXS Value

 Is Optex Systems Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Optex Systems Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Optex Systems Holdings.

OTCPK:OPXS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.9%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:OPXS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Aerospace & Defense Unlevered Beta Simply Wall St/ S&P Global 0.82
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.821 (1 + (1- 21%) (17.57%))
0.956
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.96
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (0.956 * 5.44%)
6.94%

Discounted Cash Flow Calculation for OTCPK:OPXS using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Optex Systems Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

OTCPK:OPXS DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.94%)
2020 0.38 Est @ -19.65% 0.35
2021 0.33 Est @ -13.23% 0.29
2022 0.30 Est @ -8.74% 0.25
2023 0.28 Est @ -5.6% 0.22
2024 0.27 Est @ -3.4% 0.20
2025 0.27 Est @ -1.86% 0.18
2026 0.27 Est @ -0.78% 0.17
2027 0.27 Est @ -0.02% 0.16
2028 0.27 Est @ 0.51% 0.15
2029 0.27 Est @ 0.88% 0.14
Present value of next 10 years cash flows $2.00
OTCPK:OPXS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $0.27 × (1 + 1.74%) ÷ (6.94% – 1.74%)
$5.28
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $5.28 ÷ (1 + 6.94%)10
$2.70
OTCPK:OPXS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $2.00 + $2.70
$4.70
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $4.70 / 8.50
$0.55
OTCPK:OPXS Discount to Share Price
Calculation Result
Value per share (USD) From above. $0.55
Current discount Discount to share price of $1.60
= -1 x ($1.60 - $0.55) / $0.55
-189.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Optex Systems Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Optex Systems Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Optex Systems Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:OPXS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-29) in USD $0.21
OTCPK:OPXS Share Price ** OTCPK (2020-04-02) in USD $1.6
United States of America Aerospace & Defense Industry PE Ratio Median Figure of 39 Publicly-Listed Aerospace & Defense Companies 12.78x
United States of America Market PE Ratio Median Figure of 2,947 Publicly-Listed Companies 12.4x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Optex Systems Holdings.

OTCPK:OPXS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:OPXS Share Price ÷ EPS (both in USD)

= 1.6 ÷ 0.21

7.62x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Optex Systems Holdings is good value based on earnings compared to the US Aerospace & Defense industry average.
  • Optex Systems Holdings is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Optex Systems Holdings's expected growth come at a high price?
Raw Data
OTCPK:OPXS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.62x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Aerospace & Defense Industry PEG Ratio Median Figure of 31 Publicly-Listed Aerospace & Defense Companies 1.65x
United States of America Market PEG Ratio Median Figure of 2,010 Publicly-Listed Companies 0.89x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Optex Systems Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Optex Systems Holdings's assets?
Raw Data
OTCPK:OPXS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-29) in USD $1.37
OTCPK:OPXS Share Price * OTCPK (2020-04-02) in USD $1.6
United States of America Aerospace & Defense Industry PB Ratio Median Figure of 53 Publicly-Listed Aerospace & Defense Companies 1.7x
United States of America Market PB Ratio Median Figure of 5,144 Publicly-Listed Companies 1.2x
OTCPK:OPXS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:OPXS Share Price ÷ Book Value per Share (both in USD)

= 1.6 ÷ 1.37

1.17x

* Primary Listing of Optex Systems Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Optex Systems Holdings is good value based on assets compared to the US Aerospace & Defense industry average.
X
Value checks
We assess Optex Systems Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Aerospace & Defense industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. Optex Systems Holdings has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

OPXS Future Performance

 How is Optex Systems Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Optex Systems Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.7%
Expected Aerospace & Defense industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Optex Systems Holdings expected to grow at an attractive rate?
  • Unable to compare Optex Systems Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Optex Systems Holdings's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Optex Systems Holdings's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:OPXS Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 10.7%
United States of America Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:OPXS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:OPXS Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-29 25 1 2
2019-09-29 25 0 4
2019-06-30 24 0 0
2019-03-31 25 1 0
2018-12-30 22 1 2
2018-09-30 21 1 1
2018-07-01 22 1 2
2018-04-01 20 2 1
2017-12-31 20 1 -1
2017-10-01 19 0 -1
2017-07-02 17 -1 -2
2017-04-02 18 -1 -1
2017-01-01 18 -2 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Optex Systems Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Optex Systems Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:OPXS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Optex Systems Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:OPXS Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-29 0.21
2019-09-29 0.45
2019-06-30 -0.02
2019-03-31 0.00
2018-12-30 0.29
2018-09-30 0.11
2018-07-01 0.28
2018-04-01 0.12
2017-12-31 -0.13
2017-10-01 -0.06
2017-07-02 -0.26
2017-04-02 -0.12
2017-01-01 -0.23

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Optex Systems Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Optex Systems Holdings is trading at Optex Systems Holdings'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Optex Systems Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Optex Systems Holdings's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Optex Systems Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Optex Systems Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

OPXS Past Performance

  How has Optex Systems Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Optex Systems Holdings's growth in the last year to its industry (Aerospace & Defense).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Optex Systems Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • Optex Systems Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Optex Systems Holdings's 1-year earnings growth is negative, it can't be compared to the US Aerospace & Defense industry average.
Earnings and Revenue History
Optex Systems Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Optex Systems Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:OPXS Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-29 24.53 1.77 3.06
2019-09-29 24.53 3.80 3.06
2019-06-30 23.73 -0.18 3.05
2019-03-31 24.51 -0.03 3.01
2018-12-30 21.97 2.47 3.00
2018-09-30 20.85 0.93 3.03
2018-07-01 22.06 2.31 3.04
2018-04-01 20.32 0.95 3.09
2017-12-31 19.81 -1.05 3.14
2017-10-01 18.55 -0.51 3.21
2017-07-02 17.44 -1.81 3.17
2017-04-02 18.40 -0.65 3.22
2017-01-01 17.58 -0.81 3.21
2016-10-02 17.28 -1.41 3.06
2016-06-26 16.96 0.34 2.98
2016-03-27 13.93 -0.88 2.83
2015-12-27 14.12 -3.37 2.78
2015-09-27 13.00 -5.95 2.73
2015-06-28 10.63 -8.15 2.67
2015-03-29 10.17 -7.54 2.60
2014-12-28 8.95 -4.88 2.39
2014-09-28 10.21 -2.06 2.38
2014-06-29 12.49 -0.27 2.55
2014-03-30 14.99 0.05 2.66
2013-12-29 16.57 0.08 2.89
2013-09-29 17.07 0.14 2.90
2013-06-30 14.62 -0.26 2.75

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Optex Systems Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Optex Systems Holdings used its assets more efficiently than the US Aerospace & Defense industry average last year based on Return on Assets.
  • Optex Systems Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Optex Systems Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Aerospace & Defense industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Optex Systems Holdings has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

OPXS Health

 How is Optex Systems Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Optex Systems Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Optex Systems Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Optex Systems Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Optex Systems Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 25.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Optex Systems Holdings Company Filings, last reported 3 months ago.

OTCPK:OPXS Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-29 11.56 0.60 1.68
2019-09-29 12.21 0.25 1.07
2019-06-30 7.94 0.25 0.90
2019-03-31 7.42 0.25 1.58
2018-12-30 8.41 0.50 1.16
2018-09-30 6.34 0.30 1.13
2018-07-01 8.43 0.30 1.64
2018-04-01 8.01 0.30 1.83
2017-12-31 5.63 0.30 1.55
2017-10-01 5.95 0.30 1.68
2017-07-02 5.70 0.30 1.60
2017-04-02 7.40 0.30 1.63
2017-01-01 7.50 0.30 2.07
2016-10-02 7.24 0.30 2.57
2016-06-26 7.91 0.73 0.60
2016-03-27 7.65 0.78 0.60
2015-12-27 7.94 0.31 1.41
2015-09-27 8.16 0.82 0.68
2015-06-28 7.44 0.55 0.89
2015-03-29 8.43 0.55 1.12
2014-12-28 3.14 0.03 1.36
2014-09-28 5.90 0.00 1.69
2014-06-29 7.38 0.00 0.91
2014-03-30 7.75 0.00 1.16
2013-12-29 7.86 0.30 1.46
2013-09-29 7.86 0.86 0.88
2013-06-30 7.56 0.32 0.90
  • Optex Systems Holdings's level of debt (5.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (1.4% vs 5.2% today).
  • Debt is well covered by operating cash flow (100.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 146.1x coverage).
X
Financial health checks
We assess Optex Systems Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Optex Systems Holdings has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

OPXS Dividends

 What is Optex Systems Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Optex Systems Holdings dividends.
If you bought $2,000 of Optex Systems Holdings shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Optex Systems Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Optex Systems Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:OPXS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 19 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1938 Stocks 3.1%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2.1%
United States of America Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:OPXS Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-02-10 0.000 0.000
2019-12-16 0.000 0.000
2019-08-12 0.000 0.000
2019-05-14 0.000 0.000
2019-02-11 0.000 0.000
2018-12-20 0.000 0.000
2018-08-13 0.000 0.000
2018-05-15 0.000 0.000
2018-01-19 0.080 7.854
2017-09-28 0.080 7.701
2017-08-14 0.080 8.164

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Optex Systems Holdings has not reported any payouts.
  • Unable to verify if Optex Systems Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Optex Systems Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Optex Systems Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Optex Systems Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Optex Systems Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Optex Systems Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

OPXS Management

 What is the CEO of Optex Systems Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Danny Schoening
COMPENSATION $429,460
AGE 55
TENURE AS CEO 7.3 years
CEO Bio

Mr. Danny Schoening has been the Chairman, Chief Executive Officer of Optex Systems Holdings, Inc since June 9, 2017 and January 3, 2013 respectively and has been its Chief Operating Officer since March 30, 2009 and serves as its General Manager. Mr. Schoening serves as General Manager of Optex Systems Holdings, Inc. He is responsible for all operations. He is an experienced manufacturing executive. He joined Optex after nearly two decades with Honeywell International, Inc. and Finisar Corporation, a Honeywell spin-off with annual revenues in excess of $400 million. He served as Vice President of Operations at the Advanced Optical Components Division of Finisar, he was responsible for an electro-optical manufacturing unit with international operations producing millions of units. He has a broad experience level in the following technologies: Mechanical Assembly Processes, Micro-Electronic Assembly Processes, Laser Manufacturing, Plastic Molding, Metal Machining, Plating, Thick Film Printing, Surface Mount Technology, Hall Effect Technology and MEMS based Pressure Devices. Mr. Schoening has been instrumental in establishing the systems and infrastructure required to continue Optex System's rapid growth. Prior to Finisar, he served as the Director of Operations for multiple divisions of Honeywell International. He served as in the Automotive, Medical, Aerospace and Consumer Commercial Markets. During this 17 year period, he was recognized with Honeywell's Lund Award, their highest award for developing employee resources. He has been a Director of Optex Systems Holdings, Inc since January 3, 2013. Mr. Schoening holds a Bachelor of Manufacturing Engineering Technology degree from the University of Nebraska and an MBA degree from Southern Methodist University.

CEO Compensation
  • Danny's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Danny's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Danny Schoening

TITLE
Chairman of the Board
COMPENSATION
$429K
AGE
55
TENURE
7.3 yrs

Karen Hawkins

TITLE
CFO & Principal Accounting Officer
COMPENSATION
$282K
AGE
54
TENURE
5.4 yrs
Board of Directors Tenure

Average tenure and age of the Optex Systems Holdings board of directors in years:

0.4
Average Tenure
53.5
Average Age
  • The average tenure for the Optex Systems Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Danny Schoening

TITLE
Chairman of the Board
COMPENSATION
$429K
AGE
55
TENURE
2.8 yrs

Larry Hagenbuch

TITLE
Independent Director
AGE
52
TENURE
0.4 yrs

Rimmy Malhotra

TITLE
Independent Director
AGE
43
TENURE
0.4 yrs

Dale Lehmann

TITLE
Independent Director
AGE
60
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Optex Systems Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Optex Systems Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

OPXS News

Simply Wall St News

OPXS Company Info

Description

Optex Systems Holdings, Inc. manufactures and sells optical sighting systems and assemblies primarily for the U.S. department of defense, foreign military applications, and commercial markets in the United States. It offers periscopes, such as laser and non-laser protected plastic and glass periscopes, electronic M17 day/thermal periscopes, and vision blocks; sighting systems, including back up sights, digital day and night sighting systems, M36 thermal periscope, and unity mirrors; howitzers comprising telescope, mount, and aiming device; and applied optics center consisting of laser filter, laser filter interface, and optical assemblies, as well as other products, such as muzzle reference systems, binoculars, collimators, optical lenses and elements, and windows. The company also provides various periscope configurations, rifle and surveillance sights, and night vision optical assemblies; and precision optical assemblies utilizing thin film coating capabilities for optical systems and components primarily used for military purposes. Its products are installed on various types of U.S. military land vehicles, such as the Abrams, Bradley, and Stryker families of fighting vehicles, as well as light armored and armored security vehicles. The company offers its products directly to the federal government, prime contractors, and foreign governments. Optex Systems Holdings, Inc. was founded in 1987 and is headquartered in Richardson, Texas.

Details
Name: Optex Systems Holdings, Inc
OPXS
Exchange: OTCPK
Founded: 1987
$13,593,390
8,495,869
Website: http://www.optexsys.com
Address: Optex Systems Holdings, Inc
1420 Presidential Drive,
Richardson,
Texas, 75081-2439,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK OPXS Common Stock with Par Value 0.001 Pink Sheets LLC US USD 31. Mar 2009
Number of employees
Current staff
Staff numbers
105
Optex Systems Holdings employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/05 02:36
End of day share price update: 2020/04/02 00:00
Last earnings filing: 2020/02/10
Last earnings reported: 2019/12/29
Last annual earnings reported: 2019/09/29


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.