Orion Energy Systems, Inc. researches, designs, develops, manufactures, implements, markets, and sells energy management systems for the commercial office and retail, area lighting, and industrial markets in North America.
Flawless balance sheet with proven track record.
Share Price & News
How has Orion Energy Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OESX's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: OESX exceeded the US Electrical industry which returned 6.1% over the past year.
Return vs Market: OESX exceeded the US Market which returned 7.1% over the past year.
Price Volatility Vs. Market
How volatile is Orion Energy Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StCan We See Significant Insider Ownership On The Orion Energy Systems, Inc. (NASDAQ:OESX) Share Register?
1 month ago | Simply Wall StHow Much is Orion Energy Systems, Inc.'s (NASDAQ:OESX) CEO Getting Paid?
2 months ago | Simply Wall StAnalysts Just Made A Neat Upgrade To Their Orion Energy Systems, Inc. (NASDAQ:OESX) Forecasts
Is Orion Energy Systems undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: OESX ($4.45) is trading above our estimate of fair value ($0.64)
Significantly Below Fair Value: OESX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: OESX is good value based on its PE Ratio (11x) compared to the Electrical industry average (17.4x).
PE vs Market: OESX is good value based on its PE Ratio (11x) compared to the US market (15.6x).
Price to Earnings Growth Ratio
PEG Ratio: OESX is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: OESX is overvalued based on its PB Ratio (4.3x) compared to the US Electrical industry average (1.9x).
How is Orion Energy Systems forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OESX's forecast earnings growth (17.3% per year) is above the savings rate (2.2%).
Earnings vs Market: OESX's earnings (17.3% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: OESX's earnings are forecast to grow, but not significantly.
Revenue vs Market: OESX's revenue (6% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: OESX's revenue (6% 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?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OESX has high quality earnings.
Growing Profit Margin: OESX became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: OESX has become profitable over the past 5 years, growing earnings by 43% per year.
Accelerating Growth: OESX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: OESX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electrical industry (-6.4%).
Return on Equity
High ROE: OESX's Return on Equity (38.5%) is considered high.
How is Orion Energy Systems's financial position?
Financial Position Analysis
Short Term Liabilities: OESX's short term assets ($42.7M) exceed its short term liabilities ($23.3M).
Long Term Liabilities: OESX's short term assets ($42.7M) exceed its long term liabilities ($2.3M).
Debt to Equity History and Analysis
Debt Level: OESX's debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: OESX's debt to equity ratio has reduced from 8.5% to 2.6% over the past 5 years.
Debt Coverage: OESX's debt is well covered by operating cash flow (1306%).
Interest Coverage: OESX's interest payments on its debt are well covered by EBIT (19.4x coverage).
What is Orion Energy Systems's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OESX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OESX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if OESX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OESX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of OESX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Altschaefl (60yo)
Mr. Michael W. Altschaefl, also known as Mike, CPA, has been the Chief Executive Officer of Orion Energy Systems, Inc since May 25, 2017. Mr. Altschaefl served as Vice President of Strategy and Business De ...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD644.87K) is about average for companies of similar size in the US market ($USD589.04K).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
|CEO & Board Chair||3yrs||US$644.87k||2.1% $2.8m|
|CFO, Executive VP||4.58yrs||US$530.17k||3.16% $4.3m|
|Executive VP & COO||3yrs||US$506.51k||1.16% $1.6m|
|Senior Vice President of Operations Planning & Business Development||6.33yrs||US$469.34k||1.33% $1.8m|
|Outside Legal Counsel & Board Secretary||no data||no data||no data|
|Director of Marketing & Communications||no data||no data||no data|
|Senior Vice President of External Affairs - Orion Engineered Systems||no data||no data||no data|
|Senior Vice President of Product Development||4.83yrs||no data||no data|
|Senior Vice President for Channel Sales||2.75yrs||no data||no data|
Experienced Management: OESX's management team is considered experienced (3.8 years average tenure).
|CEO & Board Chair||3yrs||US$644.87k||2.1% $2.8m|
|Independent Director||3yrs||US$90.16k||0.30% $410.0k|
|Independent Director||2.75yrs||US$85.16k||0.21% $282.9k|
|Director||1yr||no data||0.030% $40.2k|
|Independent Director||11.08yrs||US$102.56k||0.41% $546.6k|
|Lead Independent Director||2.92yrs||US$106.56k||0.36% $483.7k|
Experienced Board: OESX's board of directors are considered experienced (3 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 been diluted in the past year, with total shares outstanding growing by 2.3%.
Orion Energy Systems, Inc.'s company bio, 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
- Market Cap: US$134.681m
- Shares outstanding: 30.27m
- Website: https://www.orionlighting.com
Number of Employees
- Orion Energy Systems, Inc.
- 2210 Woodland Drive
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|5A4||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 2007|
|OESX||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Dec 2007|
Orion Energy Systems, Inc. researches, designs, develops, manufactures, implements, markets, and sells energy management systems for the commercial office and retail, area lighting, and industrial markets in North America. The company operates in three segments: Orion U.S. Markets Division, Orion Engineered Systems Division, and Orion Distribution Services Division. It offers LED Troffer Door Retrofit for use in office or retail grid ceilings; and LED interior high bay lighting products, including Apollo class of LED interior fixtures designed for new construction and retrofit projects, as well as ISON class of LED interior fixtures. The company also provides an array of smart building control systems, which provide lighting control options and data intelligence capabilities for building managers under the InteLite brand or procured from third parties; and various other LED, HIF, and induction fixtures for lighting and energy management needs comprising fixtures for agribusinesses, parking lots, roadways, retail, mezzanine, outdoor applications, and private label resale. In addition, it offers lighting-related energy management services, such as site assessment, site field verification, utility incentive and government subsidy management, engineering design, project management, and installation; and sells and distributes replacement lamps and fixture components into the after-market. The company serves customers directly; and through independent sales agencies and distributors, and energy service companies and electrical contractors. Orion Energy Systems, Inc. was founded in 1996 and is headquartered in Manitowoc, Wisconsin.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/28 03:41|
|End of Day Share Price||2020/05/27 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.