OESX Stock Overview
Orion Energy Systems, Inc. researches, designs, develops, manufactures, markets, sells, installs, and implements energy management systems for commercial office and retail, exterior area lighting, and industrial applications in North America.
Orion Energy Systems Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$2.28|
|52 Week High||US$6.78|
|52 Week Low||US$2.15|
|1 Month Change||-15.56%|
|3 Month Change||-23.75%|
|1 Year Change||-64.43%|
|3 Year Change||18.14%|
|5 Year Change||61.70%|
|Change since IPO||-89.35%|
Recent News & Updates
Orion Energy Systems: Down But Certainly Not Out
Revisions continue to get dialed down both in Orion's sales and earnings. However, gross margins continue to grow and organic growth is still expected next year. We need to see some stability in the upcoming Q4 earnings report. Some strong insider buying at these levels would definitely be encouraging for bewildered shareholders.
Orion Energy: $3 A Share Reflects Sentiment And Not The Fundamentals
Revenue dropped sharply in Q3 due to being up against a tough comparable. Book value and margins, however, continue to rise. We continue to wait for Orion to give us a technical buy signal.
|OESX||US Electrical||US Market|
Return vs Industry: OESX underperformed the US Electrical industry which returned -17.5% over the past year.
Return vs Market: OESX underperformed the US Market which returned -10.2% over the past year.
|OESX Average Weekly Movement||7.8%|
|Electrical Industry Average Movement||11.4%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||17.0%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: OESX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: OESX's weekly volatility (8%) has been stable over the past year.
About the Company
Orion Energy Systems, Inc. researches, designs, develops, manufactures, markets, sells, installs, and implements energy management systems for commercial office and retail, exterior area lighting, and industrial applications in North America. The company operates in three segments: Orion Engineered Systems, Orion Distribution Services, and Orion U.S. Markets.
Orion Energy Systems Fundamentals Summary
|OESX fundamental statistics|
Is OESX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|OESX income statement (TTM)|
|Cost of Revenue||US$99.94m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Jun 07, 2022
|Earnings per share (EPS)||0.95|
|Net Profit Margin||21.33%|
How did OESX perform over the long term?See historical performance and comparison
Is Orion Energy Systems undervalued compared to its fair value and its price relative to the market?
Valuation Score 6/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OESX ($2.28) is trading below our estimate of fair value ($18.89)
Significantly Below Fair Value: OESX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OESX is good value based on its Price-To-Earnings Ratio (2.4x) compared to the US Electrical industry average (20x).
PE vs Market: OESX is good value based on its Price-To-Earnings Ratio (2.4x) compared to the US market (15.6x).
Price to Earnings Growth Ratio
PEG Ratio: OESX is good value based on its PEG Ratio (0.1x)
Price to Book Ratio
PB vs Industry: OESX is good value based on its Price-To-Book Ratio (1.1x) compared to the US Electrical industry average (2.4x).
How is Orion Energy Systems forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OESX's forecast earnings growth (24.3% per year) is above the savings rate (1.9%).
Earnings vs Market: OESX's earnings (24.3% per year) are forecast to grow faster than the US market (13.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: OESX's revenue (15.5% per year) is forecast to grow faster than the US market (8.1% per year).
High Growth Revenue: OESX's revenue (15.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if OESX's Return on Equity is forecast to be high in 3 years time
How has Orion Energy Systems performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OESX has a high level of non-cash earnings.
Growing Profit Margin: OESX's current net profit margins (21.3%) are higher than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: OESX has become profitable over the past 5 years, growing earnings by 72.6% per year.
Accelerating Growth: OESX's earnings growth over the past year (744.9%) exceeds its 5-year average (72.6% per year).
Earnings vs Industry: OESX earnings growth over the past year (744.9%) exceeded the Electrical industry 33.8%.
Return on Equity
High ROE: OESX's Return on Equity (44.5%) is considered outstanding.
How is Orion Energy Systems's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: OESX's short term assets ($54.4M) exceed its short term liabilities ($22.5M).
Long Term Liabilities: OESX's short term assets ($54.4M) exceed its long term liabilities ($3.4M).
Debt to Equity History and Analysis
Debt Level: OESX is debt free.
Reducing Debt: OESX has no debt compared to 5 years ago when its debt to equity ratio was 14.2%.
Debt Coverage: OESX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: OESX has no debt, therefore coverage of interest payments is not a concern.
What is Orion Energy Systems's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OESX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OESX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if OESX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OESX's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as OESX has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Altschaefl (62 yo)
Mr. Michael W. Altschaefl, also known as Mike, CPA, has been the Chief Executive Officer of Orion Energy Systems, Inc since May 25, 2017. Mr. Altschaefl served as Vice President of Strategy and Business De...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD1.30M) is above average for companies of similar size in the US market ($USD759.98K).
Compensation vs Earnings: Mike's compensation has increased by more than 20% in the past year.
Experienced Management: OESX's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: OESX's board of directors are considered experienced (6.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Orion Energy Systems, Inc.'s employee growth, exchange listings and data sources
- Name: Orion Energy Systems, Inc.
- Ticker: OESX
- Exchange: NasdaqCM
- Founded: 1996
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Implied Market Cap: US$70.891m
- Shares outstanding: 31.09m
- Website: https://www.orionlighting.com
Number of Employees
- Orion Energy Systems, Inc.
- 2210 Woodland Drive
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/28 00:00|
|End of Day Share Price||2022/05/27 00:00|
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.