OFLX's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 3,934.5 -- higher than 98.92% of US-listed equities with positive expected earnings growth.
The price/operating cash flow metric for Omega Flex Inc is higher than 95.2% of stocks in our set with a positive cash flow.
The ratio of debt to operating expenses for Omega Flex Inc is higher than it is for about just 5.17% of US stocks.
Stocks that are quantitatively similar to OFLX, based on their financial statements, market capitalization, and price volatility, are NEOG, RFIL, OFIX, CCF, and BRC.
OmegaFlex manufactures and sells flexible metal hoses and accessories primarily in the United States and internationally. Its principal product includes flexible gas piping, which is used in residential and commercial buildings. The company was founded in 1975 and is based in Exton, Pennsylvania.
OFLX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for OFLX, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Omega Flex Inc ranked in the 11th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Omega Flex Inc ended up being:
The compound growth rate in the free cash flow of Omega Flex Inc over the past 5.64 years is 0.03%; that's higher than only 24.88% of free cash flow generating stocks in the Industrials sector.
The business' balance sheet reveals debt to be 0% of the company's capital (with equity being the remaining amount). Approximately merely 1.96% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as OFLX, try CFX, ECOL, RTX, TEX, and ALJJ.
Omega Flex (OFLX) declares $0.28/share quarterly dividend, in line with previous.Forward yield 1.07%Payable July 13; for shareholders of record July 6; ex-div July 2.See OFLX Dividend Scorecard, Yield Chart, & Dividend Growth....
Omega Flex, Inc. (the “Company”) (OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.28 per share payable on July 13, 2020 to shareholders of record on July 6, 2020. In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisitions, as well as such other factors as the Board of Directors may consider relevant, determine on a quarterly basis the amount of a regular quarterly dividend. This news release contains forward-looking statements, which are subject to inherent uncertainties which are difficult to predict, and may be beyond the ability of our control.
Omega Flex, Inc. (OFLX) (the “Company”) will host a virtual annual meeting of shareholders at 1:00 p.m. EDT, Wednesday, June 3, 2020. The Company’s board of directors considered public health concerns resulting from COVID-19, and protocols issued by federal, state and local governments, in its decision to host a virtual meeting rather than offering an option to attend in-person. As described in the proxy materials for the Annual Meeting previously distributed, shareholders are entitled to participate in the Annual Meeting if they were a either a “registered shareholder” at the close of business on April 6, 2020, the record date, or if they hold a legal proxy for the meeting provided by their bank, broker, or nominee (“beneficial owner”).