Optex Systems Holdings, Inc

Optex Systems Holdings, Inc

OPXSยทNASDAQ

$11.69

-0.26%
IndustrialsAerospace & Defense

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, unity mirrors, optical weapon system support and maintenance, and commander weapon station sights; howitzers comprising M137 telescope, M187 mount, M119 aiming device, XM10 and aiming circles; and applied optics center consisting of laser filter units, laser filter interface, optical assemblies, day windows, binoculars, and specialty thin film coatings, 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. 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. Optex Systems Holdings, Inc operates as a subsidiary of Sileas Corporation.

At a Glance

Live Snapshot
Market Cap$81.36M
EPS0.7500
P/E Ratio15.59
Earnings Date06/03/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is mid-range (P/E 15.6).

Valuation inputs: P/E 15.6, earnings yield +6.4%, momentum -0.3%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is strong (ROE +21.2%, ROIC +22.1%).

Profitability stack: net margin +12.4%, ROE +21.2%, ROIC +22.1%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +19.2%, momentum -0.3%, net margin +12.4%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

opxs

Optex Systems Holdings, Inc Market vs Earnings Trajectory

OPXS ยท NASDAQ

Loading price and EPS data...

Optex Systems Holdings, Inc

Optex Systems Holdings, Inc Fair Value Envelope

OPXS ยท NASDAQ

Our analysis suggests that OPXS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $11.69, this represents a potential HIDDEN relative to our calculated worth for Optex Systems Holdings, Inc.

Intrinsic Value
Current Price: $11.69
3Y+369.0%
5Y+436.0%
10Y-600.0%
3Y+85.0%
5Y+60.0%
10Y+139.0%
3Y+301.0%
5Y+182.0%
10Y-2281.0%
3Y+239.0%
5Y+77.0%
10Y-1386.0%
3Y+260.0%
5Y+71.0%
10Y-1222.0%
3Y+62.0%
5Y+48.0%
10Y+136.0%
Optex Systems Holdings, Inc

Optex Systems Holdings, Inc Profit Bridge

OPXS ยท NASDAQ
Revenue41.34M
Cost of Goods Sold (29.28M)
Gross Profit12.06M
Operating Expenses (4.92M)
Operating Income7.13M
Interest Expense (0.00)
Other Income/Expense-781.00K
Pretax Income6.35M
Income Tax (1.20M)
Net Income5.15M
Net Income
5.15M

Profitability Analysis

Gross Margin

29.2%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

17.3%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

12.5%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

19.0%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

29.17%
Gross Profit Margin
4%
3Y+33.0%
5Y+24.0%
10Y+65.0%
17.25%
Operating Profit Margin
22%
3Y+134.0%
5Y+55.0%
10Y-1591.0%
12.45%
Net Profit Margin
12%
3Y+117.0%
5Y+77.0%
10Y-1012.0%
21.19%
Return on Equity
6%
3Y+105.0%
5Y+62.0%
10Y-750.0%
17.12%
Return on Assets
16%
3Y+147.0%
5Y+91.0%
10Y-1026.0%
22.11%
Return on Invested Capital
29%
3Y+172.0%
5Y+57.0%
10Y-1003.0%
OPXS

Optex Systems Holdings, Inc Cash Conversion Engine

OPXS ยท NASDAQ
Net Income5.15M
Depreciation & Amortization515.00K
Stock-Based Compensation383.00K
Change in Working Capital330.00K
Others808.00K
Capital Expenditures-504.00K
Free Cash Flow6.43M

Cash Flow Quality Analysis

FCF Conversion Rate

124.9%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

7.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+12754.0%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$330.00K

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

opxs

Optex Systems Holdings, Inc Funding & Solvency Profile

OPXS ยท NASDAQ
Cash & Cash Equivalents4.16B
Net Receivables5.66B
Inventory15.64B
Other Current Assets0.00
Total Current Assets25 B
Property, Plant & Equipment3.59B
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets4 B
Total Assets
30.86B

Financial Health Analysis

Current Ratio

9.19x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.17x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

23 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

82% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

opxs

Optex Systems Holdings, Inc Street Expectations Map

OPXS ยท NASDAQ

No Target Data

No analyst price targets available for opxs.

opxs

Optex Systems Holdings, Inc Insider Positioning

OPXS ยท NASDAQ

During the last 12 months, insiders have purchased $201K and sold $3.26M worth of OPXS shares, resulting in $3.06M of net selling activity.

3 Months

Bought

0

0.00

Sold

7.0K

95.82K

Net Activity

-96K

-$96K

3-6 Months

Bought

0

0.00

Sold

30.8K

413.74K

Net Activity

-414K

-$414K

6-9 Months

Bought

12.0K

200.88K

Sold

0

0.00

Net Activity

+201K

+$201K

9-12 Months

Bought

0

0.00

Sold

253.2K

2.75M

Net Activity

-2.8M

-$2.75M

Top Buyers

1
DJ

Dayton Judd

Director, 10 Percent Owner:

4.0K sharesโ€ข1 transactions

$67K

2
LDE

Lehmann Dale E

Director

4.0K sharesโ€ข1 transactions

$67K

3
MRR

Malhotra R. Rimmy

Director

4.0K sharesโ€ข1 transactions

$67K

Top Sellers

1
TCML

Topline Capital Management, Llc

Other: See Explanation In Footnotes

88.6K sharesโ€ข3 transactions

$1.01M

2
TCPL

Topline Capital Partners, Lp

10 Percent Owner

88.6K sharesโ€ข3 transactions

$1.01M

3
SDR

Schoening Danny Robert

Director, 10 Percent Owner:

30.8K sharesโ€ข2 transactions

$414K

4
LDE

Lehmann Dale E

Director

25.5K sharesโ€ข2 transactions

$237K

5
MRR

Malhotra R. Rimmy

Director

20.0K sharesโ€ข2 transactions

$212K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $3.06M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.06:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$96K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

Moderate Selling

5 insider sellers vs. 3 buyers. More insiders selling than buying suggests cautious or negative sentiment.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

0.00%
Dividend Yield
3Y-
5Y-
10Y-
ย 

opxs Dividend History

OPXS
10Y CAGR +0%
Latest $0.02
Annual $0.08
Stable dividend payments
Last Period: +0%