Orion Energy Systems, Inc. (OESX) Financial Ratios
20 years of historical data (2005–2024) · Industrials · Electrical Equipment & Parts
EV/EBITDA
↓
N/A
—
5yr avg: 15.97
30Y Low6.8·High50.0
P/FCF
↓
65.22
↓-60% vs avg
5yr avg: 164.34
30Y Low5.9·High47.9
P/B Ratio
↓
2.51
↑+22% vs avg
5yr avg: 2.06
30Y Low0.6·High3.8
ROE
↓
-68.6%
↑-207% vs avg
5yr avg: -22.3%
30Y Low-70%·High59%
Debt/EBITDA
↓
N/A
—
5yr avg: 0.36
30Y Low0.3·High3.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
OESX Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Orion Energy Systems, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 65.2x P/FCF, 60% below the 5-year average of 164.3x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $32M | $24M | $28M | $64M | $88M | $218M | $115M | $26M | $24M | $56M | $38M |
| Enterprise Value | $37M | $28M | $35M | $60M | $76M | $202M | $99M | $27M | $19M | $45M | $28M |
| P/E Ratio → | -2.52 | — | — | — | 14.74 | 8.34 | 9.25 | — | — | — | — |
| P/S Ratio | 0.40 | 0.30 | 0.31 | 0.83 | 0.70 | 1.86 | 0.76 | 0.40 | 0.41 | 0.79 | 0.57 |
| P/B Ratio | 2.51 | 1.99 | 1.25 | 1.94 | 1.35 | 3.75 | 3.69 | 1.45 | 1.04 | 1.57 | 0.84 |
| P/FCF | 65.22 | 47.91 | — | — | — | 280.77 | 5.91 | — | — | — | — |
| P/OCF | 53.79 | 39.52 | — | — | — | 126.01 | 5.63 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
OESX EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.35 | 0.39 | 0.78 | 0.61 | 1.73 | 0.66 | 0.41 | 0.32 | 0.65 | 0.41 |
| EV / EBITDA | — | — | — | — | 7.67 | 24.27 | 6.78 | — | — | — | — |
| EV / EBIT | — | — | — | — | 9.15 | 30.37 | 7.71 | — | — | — | — |
| EV / FCF | — | 56.72 | — | — | — | 260.08 | 5.13 | — | — | — | — |
OESX Profitability
Margins and return-on-capital ratios measuring operating efficiency
Orion Energy Systems, Inc. earns an operating margin of -13.3%, below the Industrials sector average of 4.9%. Operating margins have expanded from -20.7% to -13.3% over the past 3 years, signaling improving operational efficiency. A negative ROE of -68.6% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 25.4% | 25.4% | 23.1% | 22.6% | 27.3% | 25.8% | 24.6% | 22.1% | 24.3% | 24.7% | 23.7% |
| Operating Margin | -13.3% | -13.3% | -11.9% | -20.7% | 6.7% | 5.9% | 8.7% | -9.4% | -21.5% | -17.8% | -29.5% |
| Net Profit Margin | -14.8% | -14.8% | -12.9% | -44.4% | 4.9% | 22.4% | 8.3% | -10.2% | -21.8% | -17.5% | -29.8% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -68.6% | -68.6% | -41.8% | -69.8% | 9.9% | 58.7% | 50.9% | -32.2% | -44.6% | -30.2% | -36.4% |
| ROA | -20.4% | -20.4% | -17.3% | -43.4% | 6.8% | 31.6% | 19.4% | -13.2% | -24.5% | -18.5% | -25.4% |
| ROIC | -34.8% | -34.8% | -27.7% | -29.0% | 13.1% | 17.7% | 57.0% | -25.2% | -45.1% | -31.2% | -35.3% |
| ROCE | -34.9% | -34.9% | -26.3% | -27.7% | 12.8% | 12.7% | 35.4% | -21.4% | -35.8% | -26.3% | -32.9% |
OESX Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $4M ($10M total debt minus $6M cash).
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.87 | 0.87 | 0.54 | 0.36 | 0.05 | 0.06 | 0.44 | 0.52 | 0.17 | 0.20 | 0.10 |
| Debt / EBITDA | — | — | — | — | 0.31 | 0.40 | 0.93 | — | — | — | — |
| Net Debt / Equity | — | 0.37 | 0.31 | -0.12 | -0.17 | -0.28 | -0.49 | 0.04 | -0.23 | -0.29 | -0.23 |
| Net Debt / EBITDA | — | — | — | — | -1.15 | -1.93 | -1.03 | — | — | — | — |
| Debt / FCF | — | 8.81 | — | — | — | -20.69 | -0.78 | — | — | — | — |
| Interest Coverage | -9.36 | -9.36 | -12.78 | -51.23 | 104.89 | 37.15 | 31.07 | -20.94 | -30.54 | -45.89 | -67.08 |
OESX Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.32x means Orion Energy Systems, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.90x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 2.06x to 1.32x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.32 | 1.32 | 1.60 | 2.06 | 2.79 | 1.86 | 2.02 | 1.51 | 1.79 | 2.39 | 2.65 |
| Quick Ratio | 0.90 | 0.90 | 0.95 | 1.31 | 1.71 | 1.22 | 1.49 | 1.02 | 1.32 | 1.65 | 1.77 |
| Cash Ratio | 0.22 | 0.22 | 0.18 | 0.65 | 0.79 | 0.64 | 1.06 | 0.32 | 0.57 | 0.94 | 0.81 |
| Asset Turnover | — | 1.52 | 1.43 | 1.08 | 1.43 | 1.26 | 2.08 | 1.17 | 1.33 | 1.13 | 0.95 |
| Inventory Turnover | 5.22 | 5.22 | 3.82 | 3.29 | 4.56 | 4.43 | 7.84 | 3.82 | 5.83 | 3.89 | 3.03 |
| Days Sales Outstanding | — | 74.15 | 74.79 | 70.98 | 46.68 | 51.55 | 26.59 | 102.97 | 64.44 | 59.25 | 82.00 |
OESX Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Orion Energy Systems, Inc. returns 0.0% to shareholders annually primarily through share buybacks.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | 6.8% | 12.0% | 10.8% | — | — | — | — |
| FCF Yield | 1.5% | 2.1% | — | — | — | 0.4% | 16.9% | — | — | — | — |
| Buyback Yield | 0.0% | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% |
| Total Shareholder Yield | 0.0% | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% |
| Shares Outstanding | — | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M |
Peer Comparison
Compare OESX with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 OESXYou | $32M | -2.5 | — | 65.2 | 25.4% | -13.3% | -68.6% | -34.8% | — |
 LEDS | $17M | -13.7 | — | 10.3 | 5.7% | -3.7% | -44.9% | -24.9% | — |
 EFOI | $23M | -12.3 | — | — | 14.4% | -37.9% | -53.0% | -45.2% | — |
 ARAY | $58M | -31.7 | 12.7 | — | 32.1% | 1.7% | -2.5% | 3.0% | 12.6 |
 POWI | $4B | 200.6 | 86.9 | 50.0 | 54.5% | 4.8% | 3.1% | 2.4% | — |
 RVLV | $1B | 23.5 | 15.0 | 30.0 | 53.5% | 6.1% | 13.0% | 23.5% | 0.4 |
 ACLS | $6B | 45.0 | 39.7 | 51.8 | 44.9% | 14.2% | 11.7% | 9.6% | 0.3 |
 HUBB | $27B | 30.4 | 21.2 | 30.5 | 35.5% | 20.8% | 24.8% | 17.1% | 1.9 |
 ACCO | $372M | 9.2 | 6.8 | 7.3 | 29.8% | 7.1% | 6.5% | 5.5% | 5.1 |
 AYI | $9B | 23.6 | 13.3 | 17.0 | 47.8% | 13.7% | 15.5% | 16.4% | 1.4 |
 ENPH | $5B | 27.8 | 22.4 | 49.2 | 46.6% | 11.2% | 17.9% | 6.8% | 5.1 |
| Industrials Median | — | 25.9 | 13.9 | 20.6 | 32.8% | 4.9% | 8.2% | 6.3% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 20 years · Updated daily
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Quick answers to the most common questions about buying OESX stock.
What is Orion Energy Systems, Inc.'s P/E ratio?
Orion Energy Systems, Inc.'s current P/E ratio is -2.5x. The historical average is 47.0x.
What is Orion Energy Systems, Inc.'s ROE?
Orion Energy Systems, Inc.'s return on equity (ROE) is -68.6%. The historical average is -13.8%.
Is OESX stock overvalued?
Based on historical data, Orion Energy Systems, Inc. is trading at a P/E of -2.5x. Compare with industry peers and growth rates for a complete picture.
What are Orion Energy Systems, Inc.'s profit margins?
Orion Energy Systems, Inc. has 25.4% gross margin and -13.3% operating margin.