Omega Flex Stock Beta
| OFLX Stock | USD 49.24 0.26 0.53% |
Omega Flex fundamentals help investors to digest information that contributes to Omega Flex's financial success or failures. It also enables traders to predict the movement of Omega Stock. The fundamental analysis module provides a way to measure Omega Flex's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Omega Flex stock.
Omega | Beta |
Omega Flex Company Beta Analysis
Omega Flex's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Omega Flex Beta | 0.39 |
Most of Omega Flex's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Omega Flex is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Omega Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Omega Flex is extremely important. It helps to project a fair market value of Omega Stock properly, considering its historical fundamentals such as Beta. Since Omega Flex's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Omega Flex's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Omega Flex's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Omega Flex has a Beta of 0.388. This is 71.68% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.
Omega Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Omega Flex's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Omega Flex could also be used in its relative valuation, which is a method of valuing Omega Flex by comparing valuation metrics of similar companies.Omega Flex is currently under evaluation in beta category among its peers.
Omega Flex ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Omega Flex's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Omega Flex's managers, analysts, and investors.Environmental | Governance | Social |
Omega Flex Institutional Holders
Institutional Holdings refers to the ownership stake in Omega Flex that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Omega Flex's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Omega Flex's value.| Shares | Renaissance Technologies Corp | 2024-09-30 | 52.3 K | Bank Of New York Mellon Corp | 2024-06-30 | 45.1 K | Millennium Management Llc | 2024-06-30 | 40.8 K | Northern Trust Corp | 2024-09-30 | 36 K | Goldman Sachs Group Inc | 2024-06-30 | 31.7 K | Charles Schwab Investment Management Inc | 2024-09-30 | 28 K | Envestnet Asset Management Inc | 2024-09-30 | 27.4 K | Royal Bank Of Canada | 2024-06-30 | 23.5 K | Two Sigma Investments Llc | 2024-09-30 | 23.4 K | Kayne Anderson Rudnick Investment Management Llc | 2024-06-30 | 977.1 K | Neuberger Berman Group Llc | 2024-06-30 | 428.8 K |
As returns on the market increase, Omega Flex's returns are expected to increase less than the market. However, during the bear market, the loss of holding Omega Flex is expected to be smaller as well.
Omega Fundamentals
| Return On Equity | 0.23 | ||||
| Return On Asset | 0.14 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 456.83 M | ||||
| Shares Outstanding | 10.09 M | ||||
| Shares Owned By Insiders | 65.17 % | ||||
| Shares Owned By Institutions | 33.45 % | ||||
| Number Of Shares Shorted | 51.81 K | ||||
| Price To Earning | 47.47 X | ||||
| Price To Book | 6.10 X | ||||
| Price To Sales | 4.83 X | ||||
| Revenue | 111.47 M | ||||
| Gross Profit | 78.31 M | ||||
| EBITDA | 26.9 M | ||||
| Net Income | 20.76 M | ||||
| Cash And Equivalents | 30.27 M | ||||
| Cash Per Share | 3.00 X | ||||
| Total Debt | 2.95 M | ||||
| Debt To Equity | 0.05 % | ||||
| Current Ratio | 3.66 X | ||||
| Book Value Per Share | 8.12 X | ||||
| Cash Flow From Operations | 23.42 M | ||||
| Short Ratio | 3.83 X | ||||
| Earnings Per Share | 1.81 X | ||||
| Number Of Employees | 168 | ||||
| Beta | 0.39 | ||||
| Market Capitalization | 498.36 M | ||||
| Total Asset | 100.23 M | ||||
| Retained Earnings | 68.49 M | ||||
| Working Capital | 62.11 M | ||||
| Current Asset | 56.69 M | ||||
| Current Liabilities | 23.55 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 1.04 % | ||||
| Net Asset | 100.23 M | ||||
| Last Dividend Paid | 1.34 |
About Omega Flex Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Omega Flex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Omega Flex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Omega Flex based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.