Ocean Power Technologies Stock Fundamentals
| OPTT Stock | USD 0.50 0.04 7.41% |
Ocean Power Technologies fundamentals help investors to digest information that contributes to Ocean Power's financial success or failures. It also enables traders to predict the movement of Ocean Stock. The fundamental analysis module provides a way to measure Ocean Power'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 Ocean Power stock.
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Ocean Power Technologies Company Return On Equity Analysis
Ocean Power's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Ocean Power Return On Equity | -0.82 |
Most of Ocean Power's fundamental indicators, such as Return On Equity, 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, Ocean Power Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Ocean Power Technologies has a Return On Equity of -0.818. This is 285.91% lower than that of the Electrical Equipment sector and significantly lower than that of the Industrials industry. The return on equity for all United States stocks is 163.87% higher than that of the company.
Ocean Power Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ocean Power's current stock value. Our valuation model uses many indicators to compare Ocean Power value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ocean Power competition to find correlations between indicators driving Ocean Power's intrinsic value. More Info.Ocean Power Technologies is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Ocean Power by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Ocean Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ocean Power's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ocean Power could also be used in its relative valuation, which is a method of valuing Ocean Power by comparing valuation metrics of similar companies.Ocean Power is currently under evaluation in return on equity category among its peers.
Ocean Fundamentals
| Return On Equity | -0.82 | ||||
| Return On Asset | -0.44 | ||||
| Operating Margin | (3.44) % | ||||
| Current Valuation | 84.17 M | ||||
| Shares Outstanding | 146.04 M | ||||
| Shares Owned By Insiders | 2.92 % | ||||
| Shares Owned By Institutions | 3.41 % | ||||
| Number Of Shares Shorted | 3.98 M | ||||
| Price To Earning | (0.59) X | ||||
| Price To Book | 3.19 X | ||||
| Price To Sales | 15.06 X | ||||
| Revenue | 5.53 M | ||||
| Gross Profit | (101 K) | ||||
| EBITDA | (28.24 M) | ||||
| Net Income | (27.48 M) | ||||
| Cash And Equivalents | 51.9 M | ||||
| Cash Per Share | 0.94 X | ||||
| Total Debt | 2.57 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 16.79 X | ||||
| Book Value Per Share | 0.32 X | ||||
| Cash Flow From Operations | (29.76 M) | ||||
| Short Ratio | 0.38 X | ||||
| Earnings Per Share | (0.32) X | ||||
| Target Price | 6.0 | ||||
| Number Of Employees | 43 | ||||
| Beta | 2.19 | ||||
| Market Capitalization | 46.31 M | ||||
| Total Asset | 28.7 M | ||||
| Retained Earnings | (307.58 M) | ||||
| Working Capital | 3.18 M | ||||
| Current Asset | 9.76 M | ||||
| Current Liabilities | 6.17 M | ||||
| Net Asset | 28.7 M |
About Ocean Power Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ocean Power Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ocean Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ocean Power Technologies 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.Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, and Asia. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey. Ocean Power operates under Electrical Equipment Parts classification in the United States and is traded on AMEX Exchange. It employs 54 people.
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Additional Tools for Ocean Stock Analysis
When running Ocean Power's price analysis, check to measure Ocean Power'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 Ocean Power is operating at the current time. Most of Ocean Power's value examination focuses on studying past and present price action to predict the probability of Ocean Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Power's price. Additionally, you may evaluate how the addition of Ocean Power to your portfolios can decrease your overall portfolio volatility.