Optex Systems Holdings, Inc (OPXS) Financial Ratios
19 years of historical data (2007–2025) · Industrials · Aerospace & Defense
EV/EBITDA
↓
8.66
↓-20% vs avg
5yr avg: 10.77
30Y Low2.5·High11.9
P/FCF
↓
11.01
↓-96% vs avg
5yr avg: 285.00
30Y Low0.5·High79.6
P/B Ratio
↑
2.91
↑+31% vs avg
5yr avg: 2.21
30Y Low0.1·High3.7
ROE
↑
23.9%
↓+38% vs avg
5yr avg: 17.3%
30Y Low-82%·High61%
Debt/EBITDA
↓
0.24
↓-75% vs avg
5yr avg: 0.96
30Y Low0.1·High3.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
OPXS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Optex Systems Holdings, Inc trades at 13.8x earnings, roughly in line with its 5-year average of 14.1x, sitting at the 60th percentile of its historical range. Compared to the Industrials sector median P/E of 25.5x, the stock trades at a discount of 46%. On a free-cash-flow basis, the stock trades at 11.0x P/FCF, 96% below the 5-year average of 285.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $71M | $91M | $52M | $28M | $21M | $16M | $17M | $13M | $15M | $7M | $1M |
| Enterprise Value | $66M | $86M | $54M | $30M | $23M | $16M | $14M | $12M | $14M | $6M | $-1164995 |
| P/E Ratio → | 13.78 | 17.68 | 13.65 | 12.22 | 15.88 | 11.00 | 14.00 | 3.47 | 10.69 | — | — |
| P/S Ratio | 1.71 | 2.19 | 1.52 | 1.08 | 0.93 | 0.90 | 0.65 | 0.54 | 0.72 | 0.40 | 0.06 |
| P/B Ratio | 2.91 | 3.73 | 2.75 | 1.86 | 1.68 | 1.05 | 1.20 | 1.09 | 2.37 | 1.25 | 0.15 |
| P/FCF | 11.01 | 14.09 | 1034.61 | — | 11.70 | 79.62 | 4.48 | 779.35 | 17.25 | — | — |
| P/OCF | 10.21 | 13.07 | 29.05 | — | 10.22 | 34.26 | 4.30 | 82.81 | 14.48 | 463.37 | — |
P/E links to full P/E history page with 30-year chart
OPXS EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Optex Systems Holdings, Inc's enterprise value stands at 8.7x EBITDA, 20% below its 5-year average of 10.8x. The Industrials sector median is 13.7x, placing the stock at a 37% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.08 | 1.59 | 1.18 | 1.04 | 0.89 | 0.54 | 0.51 | 0.68 | 0.33 | -0.07 |
| EV / EBITDA | 8.66 | 11.25 | 10.20 | 9.69 | 11.93 | — | 4.46 | 3.51 | 7.84 | 11.15 | -8.03 |
| EV / EBIT | 9.29 | 12.06 | 11.23 | 10.89 | 14.15 | 7.96 | 5.88 | 2.74 | 8.99 | — | — |
| EV / FCF | — | 13.39 | 1082.39 | — | 13.06 | 78.46 | 3.72 | 731.23 | 16.29 | — | — |
OPXS Profitability
Margins and return-on-capital ratios measuring operating efficiency
Optex Systems Holdings, Inc earns an operating margin of 17.3%, above the Industrials sector average of 4.9%. Operating margins have expanded from 10.9% to 17.3% over the past 3 years, signaling improving operational efficiency. ROE of 23.9% indicates solid capital efficiency, compared to the sector median of 8.2%. ROIC of 26.1% represents excellent returns on invested capital versus a sector median of 6.3%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 29.2% | 29.2% | 28.0% | 25.8% | 21.9% | 13.8% | 23.5% | 25.5% | 21.7% | 18.4% | 17.7% |
| Operating Margin | 17.3% | 17.3% | 14.2% | 10.9% | 7.4% | -2.7% | 11.1% | 13.0% | 7.1% | 1.1% | -1.2% |
| Net Profit Margin | 12.5% | 12.5% | 11.1% | 8.8% | 5.7% | 11.7% | 7.0% | 23.1% | 6.7% | -1.6% | -1.2% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 23.9% | 23.9% | 22.4% | 16.6% | 9.1% | 14.4% | 13.9% | 61.1% | 22.7% | -4.6% | -2.7% |
| ROA | 18.5% | 18.5% | 15.8% | 11.1% | 6.5% | 10.3% | 9.6% | 37.5% | 10.4% | -2.3% | -1.7% |
| ROIC | 26.1% | 26.1% | 18.7% | 12.9% | 8.1% | -2.8% | 19.2% | 28.4% | 22.1% | 3.2% | -2.3% |
| ROCE | 31.0% | 31.0% | 24.9% | 16.7% | 9.7% | -2.9% | 19.5% | 26.5% | 15.3% | 2.0% | -2.2% |
OPXS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Optex Systems Holdings, Inc carries a Debt/EBITDA ratio of 0.2x, which is very conservative (92% below the sector average of 3.2x). The company holds a net cash position — cash of $6M exceeds total debt of $2M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.08 | 0.08 | 0.18 | 0.26 | 0.27 | 0.23 | 0.13 | 0.02 | 0.05 | 0.05 | 0.04 |
| Debt / EBITDA | 0.24 | 0.24 | 0.64 | 1.25 | 1.72 | — | 0.58 | 0.07 | 0.17 | 0.55 | 2.07 |
| Net Debt / Equity | — | -0.19 | 0.13 | 0.18 | 0.20 | -0.02 | -0.21 | -0.07 | -0.13 | -0.23 | -0.31 |
| Net Debt / EBITDA | -0.59 | -0.59 | 0.45 | 0.86 | 1.24 | — | -0.92 | -0.23 | -0.46 | -2.55 | -15.64 |
| Debt / FCF | — | -0.71 | 47.78 | — | 1.36 | -1.15 | -0.76 | -48.12 | -0.96 | — | — |
| Interest Coverage | — | — | 102.57 | 50.67 | — | -44.91 | 151.74 | 139.00 | 74.30 | 10.74 | -5.56 |
Net cash position: cash ($6M) exceeds total debt ($2M)
OPXS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Optex Systems Holdings, Inc's current ratio of 5.64x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 2.50x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 4.30x to 5.64x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 5.64 | 5.64 | 4.05 | 4.30 | 3.97 | 7.43 | 3.36 | 4.53 | 3.99 | 2.79 | 4.58 |
| Quick Ratio | 2.50 | 2.50 | 1.05 | 1.32 | 1.24 | 3.66 | 1.59 | 1.35 | 1.30 | 1.09 | 1.99 |
| Cash Ratio | 1.40 | 1.40 | 0.20 | 0.30 | 0.28 | 1.94 | 0.95 | 0.32 | 0.40 | 0.38 | 1.07 |
| Asset Turnover | — | 1.38 | 1.33 | 1.15 | 1.21 | 0.87 | 1.27 | 1.40 | 1.64 | 1.32 | 1.35 |
| Inventory Turnover | 2.04 | 2.04 | 1.65 | 1.57 | 1.90 | 2.07 | 2.25 | 1.73 | 2.14 | 1.99 | 2.29 |
| Days Sales Outstanding | — | 41.60 | 42.77 | 56.33 | 47.42 | 63.76 | 41.63 | 45.62 | 43.02 | 61.50 | 44.25 |
OPXS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Optex Systems Holdings, Inc does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 7.3% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | 5.2% | 3.5% | — |
| Payout Ratio | — | — | — | — | — | — | — | — | 56.2% | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.3% | 5.7% | 7.3% | 8.2% | 6.3% | 9.1% | 7.1% | 28.8% | 9.4% | — | — |
| FCF Yield | 9.1% | 7.1% | 0.1% | — | 8.6% | 1.3% | 22.3% | 0.1% | 5.8% | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 22.7% | 5.3% | 1.2% | 0.0% | 4.7% | 7.0% | 100.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 22.7% | 5.3% | 1.2% | 0.0% | 9.9% | 10.5% | 100.0% |
| Shares Outstanding | — | $7M | $7M | $7M | $8M | $8M | $9M | $8M | $9M | $8M | $2M |
Peer Comparison
Compare OPXS 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 |
|---|---|---|---|---|---|---|---|---|---|
 OPXSYou | $71M | 13.8 | 8.7 | 11.0 | 29.2% | 17.3% | 23.9% | 26.1% | 0.2 |
 KTOS | $11B | 445.3 | 120.4 | — | 22.1% | 2.1% | 1.3% | 1.4% | 2.1 |
 CODA | $136M | 32.7 | 18.3 | 22.6 | 66.5% | 17.1% | 7.4% | 11.2% | 0.1 |
 TAYD | $218M | 18.1 | 19.1 | 44.8 | 46.4% | 20.8% | 16.6% | 13.2% | — |
 TDY | $29B | 32.9 | 20.9 | 26.8 | 39.2% | 18.8% | 8.9% | 7.0% | 1.8 |
 AXON | $33B | 267.2 | 1575.7 | 433.1 | 59.7% | -2.2% | 4.5% | -1.3% | 90.6 |
 AVAV | $8B | 108.6 | 103.0 | — | 39.4% | 5.0% | 5.1% | 3.6% | 0.8 |
 LMT | $117B | 23.6 | 15.9 | 16.9 | 10.2% | 10.3% | 76.9% | 23.9% | 2.6 |
 RTX | $237B | 35.5 | 20.9 | 29.9 | 20.1% | 10.0% | 10.4% | 6.7% | 3.1 |
 GD | $94B | 22.4 | 16.8 | 23.7 | 15.1% | 10.2% | 17.7% | 12.5% | 1.6 |
 NOC | $78B | 18.9 | 16.2 | 23.6 | 19.8% | 10.2% | 26.2% | 10.2% | 3.4 |
| Industrials Median | — | 25.5 | 13.7 | 20.5 | 32.7% | 4.9% | 8.2% | 6.3% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonOPXS — Frequently Asked Questions
Quick answers to the most common questions about buying OPXS stock.
What is Optex Systems Holdings, Inc's P/E ratio?
Optex Systems Holdings, Inc's current P/E ratio is 13.8x. The historical average is 14.1x. This places it at the 60th percentile of its historical range.
What is Optex Systems Holdings, Inc's EV/EBITDA?
Optex Systems Holdings, Inc's current EV/EBITDA is 8.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.7x.
What is Optex Systems Holdings, Inc's ROE?
Optex Systems Holdings, Inc's return on equity (ROE) is 23.9%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 4.5%.
Is OPXS stock overvalued?
Based on historical data, Optex Systems Holdings, Inc is trading at a P/E of 13.8x. This is at the 60th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Optex Systems Holdings, Inc's profit margins?
Optex Systems Holdings, Inc has 29.2% gross margin and 17.3% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Optex Systems Holdings, Inc have?
Optex Systems Holdings, Inc's Debt/EBITDA ratio is 0.2x, indicating low leverage. A ratio below 2x is generally considered financially healthy.