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OSI Systems

DB:OS2
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OS2
DB
$2B
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

OSI Systems, Inc. designs, manufactures, and sells electronic systems and components worldwide. The last earnings update was 80 days ago. More info.


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OS2 Share Price and Events
7 Day Returns
-2.3%
DB:OS2
3.4%
DE Electronic
2.5%
DE Market
1 Year Returns
38.2%
DB:OS2
-1.9%
DE Electronic
-6.7%
DE Market
OS2 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
OSI Systems (OS2) -2.3% 1.6% 13.3% 38.2% 43.1% 77.3%
DE Electronic 3.4% 4.8% 23% -1.9% 95% 89.5%
DE Market 2.5% 3.3% 9.2% -6.7% 9% 13.5%
1 Year Return vs Industry and Market
  • OS2 outperformed the Electronic industry which returned -1.9% over the past year.
  • OS2 outperformed the Market in Germany which returned -6.7% over the past year.
Price Volatility
OS2
Industry
5yr Volatility vs Market
Related Companies

OS2 Value

 Is OSI Systems undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of OSI Systems to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for OSI Systems.

DB:OS2 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:OS2
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.067 (1 + (1- 21%) (25.76%))
1.19
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.19
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.19 * 5.96%)
7.32%

Discounted Cash Flow Calculation for DB:OS2 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for OSI Systems is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:OS2 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.32%)
2019 95.62 Analyst x2 89.10
2020 124.43 Analyst x2 108.03
2021 137.74 Est @ 10.69% 111.43
2022 148.15 Est @ 7.55% 111.67
2023 156.08 Est @ 5.36% 109.62
2024 162.04 Est @ 3.82% 106.04
2025 166.48 Est @ 2.74% 101.52
2026 169.79 Est @ 1.99% 96.47
2027 172.27 Est @ 1.46% 91.20
2028 174.15 Est @ 1.09% 85.90
Present value of next 10 years cash flows $1,010.98
DB:OS2 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $174.15 × (1 + 0.23%) ÷ (7.32% – 0.23%)
$2,460.32
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $2,460.32 ÷ (1 + 7.32%)10
$1,213.63
DB:OS2 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,010.98 + $1,213.63
$2,224.61
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,224.61 / 18.07
$123.1
DB:OS2 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:OS2 represents 0.87173x of NasdaqGS:OSIS
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.87173x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 123.10 x 0.87173
€107.31
Value per share (EUR) From above. €107.31
Current discount Discount to share price of €75.71
= -1 x (€75.71 - €107.31) / €107.31
29.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price OSI Systems is available for.
Intrinsic value
29%
Share price is €75.71 vs Future cash flow value of €107.31
Current Discount Checks
For OSI Systems to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • OSI Systems's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • OSI Systems's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for OSI Systems's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are OSI Systems's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:OS2 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $1.99
NasdaqGS:OSIS Share Price ** NasdaqGS (2019-04-18) in USD $86.85
Germany Electronic Industry PE Ratio Median Figure of 14 Publicly-Listed Electronic Companies 21.3x
Germany Market PE Ratio Median Figure of 421 Publicly-Listed Companies 19.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of OSI Systems.

DB:OS2 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:OSIS Share Price ÷ EPS (both in USD)

= 86.85 ÷ 1.99

43.69x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OSI Systems is overvalued based on earnings compared to the DE Electronic industry average.
  • OSI Systems is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does OSI Systems's expected growth come at a high price?
Raw Data
DB:OS2 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 43.69x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
19.3%per year
Germany Electronic Industry PEG Ratio Median Figure of 12 Publicly-Listed Electronic Companies 2.1x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

DB:OS2 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 43.69x ÷ 19.3%

2.26x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OSI Systems is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on OSI Systems's assets?
Raw Data
DB:OS2 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $27.53
NasdaqGS:OSIS Share Price * NasdaqGS (2019-04-18) in USD $86.85
Germany Electronic Industry PB Ratio Median Figure of 20 Publicly-Listed Electronic Companies 2.49x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.87x
DB:OS2 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:OSIS Share Price ÷ Book Value per Share (both in USD)

= 86.85 ÷ 27.53

3.15x

* Primary Listing of OSI Systems.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OSI Systems is overvalued based on assets compared to the DE Electronic industry average.
X
Value checks
We assess OSI Systems's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. OSI Systems has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

OS2 Future Performance

 How is OSI Systems expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
19.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is OSI Systems expected to grow at an attractive rate?
  • OSI Systems's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • OSI Systems's earnings growth is expected to exceed the Germany market average.
  • OSI Systems's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:OS2 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:OS2 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 19.3%
DB:OS2 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 5%
Germany Electronic Industry Earnings Growth Rate Market Cap Weighted Average 12.9%
Germany Electronic Industry Revenue Growth Rate Market Cap Weighted Average 7.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:OS2 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:OS2 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-06-30 1,219 146 63 4
2019-06-30 1,164 125 59 5
DB:OS2 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 1,124 89 36
2018-09-30 1,098 95 -30
2018-06-30 1,089 133 -29
2018-03-31 1,054 126 -33
2017-12-31 1,032 129 -21
2017-09-30 997 100 31
2017-06-30 961 63 21
2017-03-31 930 71 25
2016-12-31 896 58 21
2016-09-30 850 33 16
2016-06-30 830 59 26
2016-03-31 875 58 43

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • OSI Systems's earnings are expected to grow by 19.3% yearly, however this is not considered high growth (20% yearly).
  • OSI Systems's revenue is expected to grow by 5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:OS2 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from OSI Systems Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:OS2 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-06-30 3.35 4.09 2.90 4.00
2019-06-30 3.16 3.45 3.01 5.00
DB:OS2 Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 1.99
2018-09-30 -1.62
2018-06-30 -1.57
2018-03-31 -1.74
2017-12-31 -1.13
2017-09-30 1.62
2017-06-30 1.12
2017-03-31 1.34
2016-12-31 1.09
2016-09-30 0.83
2016-06-30 1.35
2016-03-31 2.17

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if OSI Systems will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess OSI Systems's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
OSI Systems has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

OS2 Past Performance

  How has OSI Systems performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare OSI Systems's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • OSI Systems's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • OSI Systems has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • OSI Systems has become profitable in the last year making it difficult to compare the DE Electronic industry average.
Earnings and Revenue History
OSI Systems's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from OSI Systems Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:OS2 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,124.08 36.18 255.08 57.56
2018-09-30 1,098.40 -29.88 246.98 59.84
2018-06-30 1,089.29 -29.13 241.13 61.19
2018-03-31 1,054.36 -32.69 223.62 57.26
2017-12-31 1,032.21 -21.23 213.21 55.72
2017-09-30 997.23 30.56 204.65 53.57
2017-06-30 960.95 21.08 192.56 50.95
2017-03-31 930.02 25.43 188.42 51.76
2016-12-31 895.67 20.75 178.22 50.31
2016-09-30 850.47 16.03 169.82 50.41
2016-06-30 829.66 26.16 166.66 49.82
2016-03-31 874.79 42.69 164.48 51.04
2015-12-31 879.37 46.57 163.21 50.66
2015-09-30 939.86 64.71 167.97 50.85
2015-06-30 958.20 65.15 171.76 51.64
2015-03-31 951.71 64.84 169.75 50.49
2014-12-31 940.29 56.42 171.18 48.51
2014-09-30 918.87 52.75 168.84 46.44
2014-06-30 906.74 47.89 166.87 44.79
2014-03-31 874.53 37.61 172.42 45.45
2013-12-31 868.99 46.34 170.78 47.26
2013-09-30 826.63 44.19 162.05 47.94
2013-06-30 802.05 44.14 159.76 48.24
2013-03-31 809.39 48.20 158.84 49.77
2012-12-31 819.42 47.25 158.15 50.31
2012-09-30 813.37 47.13 157.30 50.00
2012-06-30 792.99 45.55 151.75 49.57

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • OSI Systems has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • OSI Systems used its assets less efficiently than the DE Electronic industry average last year based on Return on Assets.
  • OSI Systems's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess OSI Systems's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
OSI Systems has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

OS2 Health

 How is OSI Systems's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up OSI Systems's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • OSI Systems is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • OSI Systems's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of OSI Systems's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from OSI Systems Company Filings, last reported 3 months ago.

DB:OS2 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 496.20 404.29 95.97
2018-09-30 487.30 419.28 86.41
2018-06-30 489.44 364.24 84.81
2018-03-31 482.39 477.28 194.00
2017-12-31 530.07 442.46 211.97
2017-09-30 571.38 459.70 192.03
2017-06-30 569.21 347.15 169.65
2017-03-31 554.31 335.43 158.47
2016-12-31 544.11 356.49 138.25
2016-09-30 546.71 347.30 122.97
2016-06-30 540.85 133.81 104.37
2016-03-31 532.12 134.53 97.43
2015-12-31 567.61 65.01 79.79
2015-09-30 563.95 55.61 80.93
2015-06-30 581.78 11.36 47.59
2015-03-31 557.26 17.84 49.04
2014-12-31 541.32 35.22 44.78
2014-09-30 522.17 44.09 37.27
2014-06-30 532.21 37.26 38.83
2014-03-31 501.75 35.63 39.85
2013-12-31 493.26 74.70 39.90
2013-09-30 484.39 94.23 37.19
2013-06-30 478.45 71.47 34.70
2013-03-31 458.70 67.89 47.68
2012-12-31 455.08 28.51 46.85
2012-09-30 442.37 13.84 73.71
2012-06-30 434.12 2.68 91.45
  • OSI Systems's level of debt (81.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (15.1% vs 81.5% today).
  • Debt is well covered by operating cash flow (22.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.5x coverage).
X
Financial health checks
We assess OSI Systems's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. OSI Systems has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

OS2 Dividends

 What is OSI Systems's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from OSI Systems dividends.
If you bought €2,000 of OSI Systems shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate OSI Systems's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate OSI Systems's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:OS2 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
Germany Electronic Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 324 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:OS2 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-06-30
2019-06-30

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as OSI Systems has not reported any payouts.
  • Unable to verify if OSI Systems's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of OSI Systems's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as OSI Systems has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess OSI Systems's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can OSI Systems afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. OSI Systems has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

OS2 Management

 What is the CEO of OSI Systems's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Deepak Chopra
COMPENSATION $7,310,240
AGE 67
TENURE AS CEO 31.9 years
CEO Bio

Mr. Deepak Chopra serves as the Chief Executive Officer of Spacelabs Healthcare, Inc. and has been its Executive Director since July 2005. Mr. Chopra founded OSI Systems, Inc., in 1987 and has been its Chief Executive Officer and President since May 1987. Mr. Chopra serves as the Chief Executive Officer and President of OSI Systems Inc.’s major subsidiaries. From 1976 to 1979 and from 1980 to 1987, Mr. Chopra held various positions with ILC Technology, Inc. where he served as the Chairman, Chief Executive Officer, President and Chief Operating Officer of its United Detector Technology Division. Mr. Chopra held various positions with Intel Corporation, TRW Semiconductors and RCA Semiconductors. He has been the Chairman of OSI Systems Inc. since February 1992 and has been its Director since May 1987. He serves as Chairman of Dolphin Medical Inc. He has been Director of American Science & Engineering Inc. since September 9, 2016. He has been a Director of Aligned Telehealth, Inc. since May 1987. He served as a Director of Visiphor Corp. from July 8, 2002 to March 21, 2003. Mr. Chopra holds a Bachelor of Science degree in Electronics from Punjab Engineering College in Chandigarh, Punjab, India and a Master of Science degree in Semiconductor Electronics from the University of Massachusetts, Amherst.

CEO Compensation
  • Deepak's compensation has increased in line with OSI Systems recently becoming profitable.
  • Deepak's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the OSI Systems management team in years:

12.6
Average Tenure
56
Average Age
  • The average tenure for the OSI Systems management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Deepak Chopra

TITLE
Chairman
COMPENSATION
$7M
AGE
67
TENURE
31.9 yrs

Alan Edrick

TITLE
Executive VP & CFO
COMPENSATION
$3M
AGE
50
TENURE
12.6 yrs

Victor Sze

TITLE
Executive VP
COMPENSATION
$3M
AGE
51
TENURE
17.1 yrs

Ajay Mehra

TITLE
Executive VP
COMPENSATION
$3M
AGE
56
TENURE
16.4 yrs

Mal Maginnis

TITLE
President of Rapiscan Systems Inc
COMPENSATION
$892K
AGE
59
TENURE
1.8 yrs

Lee Cegielski

TITLE
Senior VP & Chief Human Resources Officer
AGE
48
TENURE
1.3 yrs

Manoocher Mansouri Aliabadi

TITLE
President of OSI Optoelectronics & Manufacturing Division
COMPENSATION
$716K
AGE
62
TENURE
12.8 yrs

Shawn Thompson

TITLE
President of OSI Electronics Inc
AGE
55
TENURE
2.3 yrs

Jim Green

TITLE
President of Healthcare Division
AGE
60
TENURE
1 yrs
Board of Directors Tenure

Average tenure and age of the OSI Systems board of directors in years:

16
Average Tenure
73
Average Age
  • The average tenure for the OSI Systems board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Deepak Chopra

TITLE
Chairman
COMPENSATION
$7M
AGE
67
TENURE
27.2 yrs

Ajay Mehra

TITLE
Executive VP
COMPENSATION
$3M
AGE
56
TENURE
23.1 yrs

Steve Good

TITLE
Director
COMPENSATION
$444K
AGE
76
TENURE
31.6 yrs

Meyer Luskin

TITLE
Lead Independent Director
COMPENSATION
$395K
AGE
93

William Ballhaus

TITLE
Director
COMPENSATION
$384K
AGE
73
TENURE
8.9 yrs

Jim Hawkins

TITLE
Director
COMPENSATION
$301K
AGE
62
TENURE
3.3 yrs

Gerald Chizever

TITLE
Independent Director
COMPENSATION
$286K
AGE
74
TENURE
2.5 yrs
Who owns this company?
Recent Insider Trading
  • OSI Systems insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
22. Feb 19 Sell Manoocher Mansouri Aliabadi Individual 20. Feb 19 20. Feb 19 -5,000 €77.28 €-386,408
21. Feb 19 Sell Deepak Chopra Individual 15. Feb 19 20. Feb 19 -31,500 €78.11 €-2,436,887
13. Feb 19 Sell Victor Sze Individual 12. Feb 19 12. Feb 19 -20,000 €76.24 €-1,524,796
31. Jan 19 Sell Steven Good Individual 29. Jan 19 29. Jan 19 -3,500 €76.14 €-266,498
27. Nov 18 Sell Deepak Chopra Individual 23. Nov 18 23. Nov 18 -8,126 €64.45 €-523,690
21. Nov 18 Sell Mal Maginnis Individual 20. Nov 18 20. Nov 18 -552 €62.78 €-34,656
12. Sep 18 Sell Deepak Chopra Individual 10. Sep 18 10. Sep 18 -25,000 €64.53 €-1,613,159
29. Aug 18 Buy James Green Individual 28. Aug 18 28. Aug 18 250 €65.42 €16,355
X
Management checks
We assess OSI Systems's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. OSI Systems has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

OS2 News

Simply Wall St News

OS2 Company Info

Description

OSI Systems, Inc. designs, manufactures, and sells electronic systems and components worldwide. The company’s Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation detection, and explosive and narcotics trace detection systems under the Rapiscan Systems and AS&E names. It also provides site design, installation, training, and technical support services; and turnkey security screening solutions under the S2 name. The company’s Healthcare segment offers patient monitoring, diagnostic cardiology, and anesthesia delivery and ventilation systems, as well as related supplies and accessories under the Spacelabs name for use in critical care, emergency, and perioperative areas within hospitals, as well as physicians' offices, medical clinics, and ambulatory surgery centers. Its Optoelectronics and Manufacturing segment provides optoelectronic devices primarily under the OSI Optoelectronics, OSI LaserDiode, and OSI Laserscan names for the aerospace and defense, avionics, medical imaging and diagnostics, biochemistry analysis, pharmaceutical, nanotechnology, telecommunications, construction, and homeland security markets. It also offers electronics manufacturing services to original equipment manufacturers and end users for medical, automotive, defense, aerospace, industrial, and consumer applications primarily under the OSI Electronics, APlus Products, Altaflex, and PFC names; and LCD displays for medical, industrial, and consumer electronics applications, as well as flex circuits and touch panels. In addition, this segment offers laser-based remote sensing devices to detect and classify vehicles in toll and traffic management systems under the OSI Laserscan and Autosense names; and solid-state laser products for aerospace, defense, telecommunication, and medical applications under the OSI LaserDiode name. The company was founded in 1987 and is headquartered in Hawthorne, California.

Details
Name: OSI Systems, Inc.
OS2
Exchange: DB
Founded: 1987
$1,396,228,787
18,071,408
Website: http://www.osi-systems.com
Address: OSI Systems, Inc.
12525 Chadron Avenue,
Hawthorne,
California, 90250,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS OSIS Common Stock Nasdaq Global Select US USD 02. Oct 1997
DB OS2 Common Stock Deutsche Boerse AG DE EUR 02. Oct 1997
Number of employees
Current staff
Staff numbers
6,087
OSI Systems employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 20:45
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/03/25
Last earnings filing: 2019/01/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.