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OFLX

Omega Flex NasdaqGM:OFLX Stock Report

Last Price

US$108.87

Market Cap

US$1.1b

7D

0.2%

1Y

-11.7%

Updated

26 Mar, 2023

Data

Company Financials

OFLX Stock Overview

Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America and internationally.

OFLX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends1/6

Risk Analysis

High level of non-cash earnings


My Notes

Capture your thoughts, links and company narrative

Omega Flex, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Omega Flex
Historical stock prices
Current Share PriceUS$108.87
52 Week HighUS$140.59
52 Week LowUS$77.28
Beta0.52
1 Month Change-5.17%
3 Month Change14.72%
1 Year Change-11.75%
3 Year Change41.21%
5 Year Change67.24%
Change since IPO796.05%

Recent News & Updates

Why You Should Care About Omega Flex's (NASDAQ:OFLX) Strong Returns On Capital

Jan 12
Why You Should Care About Omega Flex's (NASDAQ:OFLX) Strong Returns On Capital

Recent updates

Why You Should Care About Omega Flex's (NASDAQ:OFLX) Strong Returns On Capital

Jan 12
Why You Should Care About Omega Flex's (NASDAQ:OFLX) Strong Returns On Capital

Omega Flex GAAP EPS of $0.65, revenue of $31.63M

Oct 20

Omega Flex declares $0.32 dividend

Sep 30

Why You Should Care About Omega Flex's (NASDAQ:OFLX) Strong Returns On Capital

Sep 29
Why You Should Care About Omega Flex's (NASDAQ:OFLX) Strong Returns On Capital

Does Omega Flex (NASDAQ:OFLX) Deserve A Spot On Your Watchlist?

Jul 31
Does Omega Flex (NASDAQ:OFLX) Deserve A Spot On Your Watchlist?

Here's Why I Think Omega Flex (NASDAQ:OFLX) Is An Interesting Stock

Apr 29
Here's Why I Think Omega Flex (NASDAQ:OFLX) Is An Interesting Stock

Here's Why I Think Omega Flex (NASDAQ:OFLX) Is An Interesting Stock

Jan 28
Here's Why I Think Omega Flex (NASDAQ:OFLX) Is An Interesting Stock

Omega Flex's (NASDAQ:OFLX) Dividend Will Be Increased To US$0.30

Sep 20
Omega Flex's (NASDAQ:OFLX) Dividend Will Be Increased To US$0.30

Should You Be Adding Omega Flex (NASDAQ:OFLX) To Your Watchlist Today?

Aug 04
Should You Be Adding Omega Flex (NASDAQ:OFLX) To Your Watchlist Today?

Omega Flex's (NASDAQ:OFLX) Dividend Will Be Increased To US$0.30

Jun 12
Omega Flex's (NASDAQ:OFLX) Dividend Will Be Increased To US$0.30

We Discuss Why The CEO Of Omega Flex, Inc. (NASDAQ:OFLX) Is Due For A Pay Rise

Jun 03
We Discuss Why The CEO Of Omega Flex, Inc. (NASDAQ:OFLX) Is Due For A Pay Rise

Here's What You Should Know About Omega Flex, Inc.'s (NASDAQ:OFLX) 0.7% Dividend Yield

Apr 05
Here's What You Should Know About Omega Flex, Inc.'s (NASDAQ:OFLX) 0.7% Dividend Yield

This Insider Has Just Sold Shares In Omega Flex, Inc. (NASDAQ:OFLX)

Mar 18
This Insider Has Just Sold Shares In Omega Flex, Inc. (NASDAQ:OFLX)

If You Like EPS Growth Then Check Out Omega Flex (NASDAQ:OFLX) Before It's Too Late

Mar 16
If You Like EPS Growth Then Check Out Omega Flex (NASDAQ:OFLX) Before It's Too Late

Did You Participate In Any Of Omega Flex's (NASDAQ:OFLX) Incredible 410% Return?

Feb 23
Did You Participate In Any Of Omega Flex's (NASDAQ:OFLX) Incredible 410% Return?

Declining Stock and Decent Financials: Is The Market Wrong About Omega Flex, Inc. (NASDAQ:OFLX)?

Jan 25
Declining Stock and Decent Financials: Is The Market Wrong About Omega Flex, Inc. (NASDAQ:OFLX)?

Should You Buy Omega Flex, Inc. (NASDAQ:OFLX) For Its Dividend?

Dec 30
Should You Buy Omega Flex, Inc. (NASDAQ:OFLX) For Its Dividend?

Omega Flex declares $0.28 dividend

Dec 11

A Quick Analysis On Omega Flex's (NASDAQ:OFLX) CEO Compensation

Dec 01
A Quick Analysis On Omega Flex's (NASDAQ:OFLX) CEO Compensation

Shareholder Returns

OFLXUS MachineryUS Market
7D0.2%1.8%1.3%
1Y-11.7%-3.0%-14.6%

Return vs Industry: OFLX underperformed the US Machinery industry which returned -3% over the past year.

Return vs Market: OFLX exceeded the US Market which returned -14.6% over the past year.

Price Volatility

Is OFLX's price volatile compared to industry and market?
OFLX volatility
OFLX Average Weekly Movement5.9%
Machinery Industry Average Movement5.5%
Market Average Movement6.5%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: OFLX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: OFLX's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1975177Kevin Hobenhttps://www.omegaflexcorp.com

Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America and internationally. It offers flexible gas piping for use in residential and commercial buildings; fittings; and corrugated medical tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilities. The company sells its products under the TracPipe, CounterStrike, AutoSnap, AutoFlare, DoubleTrac, DEF-Trac, and MediTrac brand names.

Omega Flex, Inc. Fundamentals Summary

How do Omega Flex's earnings and revenue compare to its market cap?
OFLX fundamental statistics
Market CapUS$1.10b
Earnings (TTM)US$23.62m
Revenue (TTM)US$125.49m

46.5x

P/E Ratio

8.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OFLX income statement (TTM)
RevenueUS$125.49m
Cost of RevenueUS$47.18m
Gross ProfitUS$78.31m
Other ExpensesUS$54.68m
EarningsUS$23.62m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.34
Gross Margin62.40%
Net Profit Margin18.82%
Debt/Equity Ratio0%

How did OFLX perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

54%

Payout Ratio