OSI SYSTEMS INC (OSIS) Stock Fundamental Analysis
NASDAQ:OSIS - Nasdaq - US6710441055 - Common Stock - Currency: USD
Overall OSIS gets a fundamental rating of 5 out of 10. We evaluated OSIS against 124 industry peers in the Electronic Equipment, Instruments & Components industry. OSIS has an excellent profitability rating, but there are concerns on its financial health. While showing a medium growth rate, OSIS is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year OSIS was profitable.
In the past year OSIS has reported a negative cash flow from operations.
In the past 5 years OSIS has always been profitable.
OSIS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
OSIS has a Return On Assets of 6.31%. This is in the better half of the industry: OSIS outperforms 79.84% of its industry peers.
With an excellent Return On Equity value of 16.28%, OSIS belongs to the best of the industry, outperforming 85.48% of the companies in the same industry.
OSIS's Return On Invested Capital of 9.98% is amongst the best of the industry. OSIS outperforms 83.87% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for OSIS is in line with the industry average of 9.16%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.31% | ||
| ROE | 16.28% | ||
| ROIC | 9.98% |
ROA(3y)6.84%
ROA(5y)6.36%
ROE(3y)15.18%
ROE(5y)14.05%
ROIC(3y)10.46%
ROIC(5y)9.97%
1.3 Margins
With a decent Profit Margin value of 8.15%, OSIS is doing good in the industry, outperforming 79.84% of the companies in the same industry.
OSIS's Profit Margin has improved in the last couple of years.
The Operating Margin of OSIS (12.65%) is better than 84.68% of its industry peers.
OSIS's Operating Margin has improved in the last couple of years.
OSIS has a Gross Margin (33.88%) which is comparable to the rest of the industry.
OSIS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.65% | ||
| PM (TTM) | 8.15% | ||
| GM | 33.88% |
OM growth 3Y5.1%
OM growth 5Y6.11%
PM growth 3Y8.88%
PM growth 5Y8.72%
GM growth 3Y-1.99%
GM growth 5Y-1.1%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so OSIS is still creating some value.
Compared to 1 year ago, OSIS has more shares outstanding
Compared to 5 years ago, OSIS has less shares outstanding
Compared to 1 year ago, OSIS has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.57 indicates that OSIS is not in any danger for bankruptcy at the moment.
OSIS has a Altman-Z score of 3.57. This is in the better half of the industry: OSIS outperforms 64.52% of its industry peers.
OSIS has a Debt/Equity ratio of 0.85. This is a neutral value indicating OSIS is somewhat dependend on debt financing.
The Debt to Equity ratio of OSIS (0.85) is worse than 87.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.57 |
ROIC/WACC1.15
WACC8.71%
2.3 Liquidity
A Current Ratio of 1.88 indicates that OSIS should not have too much problems paying its short term obligations.
OSIS's Current ratio of 1.88 is on the low side compared to the rest of the industry. OSIS is outperformed by 61.29% of its industry peers.
A Quick Ratio of 1.25 indicates that OSIS should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.25, OSIS is not doing good in the industry: 66.94% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.25 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 19.26% over the past year.
Measured over the past years, OSIS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.45% on average per year.
The Revenue has grown by 20.69% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 5.42% on average over the past years.
EPS 1Y (TTM)19.26%
EPS 3Y15.06%
EPS 5Y13.45%
EPS Q2Q%9.5%
Revenue 1Y (TTM)20.69%
Revenue growth 3Y10.29%
Revenue growth 5Y5.42%
Sales Q2Q%12.48%
3.2 Future
The Earnings Per Share is expected to grow by 12.22% on average over the next years. This is quite good.
The Revenue is expected to grow by 7.15% on average over the next years.
EPS Next Y16.39%
EPS Next 2Y13.11%
EPS Next 3Y12.22%
EPS Next 5YN/A
Revenue Next Year11.38%
Revenue Next 2Y8.22%
Revenue Next 3Y7.15%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 23.26, OSIS is valued on the expensive side.
OSIS's Price/Earnings ratio is a bit cheaper when compared to the industry. OSIS is cheaper than 61.29% of the companies in the same industry.
When comparing the Price/Earnings ratio of OSIS to the average of the S&P500 Index (28.79), we can say OSIS is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 19.41, the valuation of OSIS can be described as rather expensive.
Based on the Price/Forward Earnings ratio, OSIS is valued a bit cheaper than 64.52% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.38, OSIS is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.26 | ||
| Fwd PE | 19.41 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OSIS is valued a bit cheaper than the industry average as 62.90% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.9 |
4.3 Compensation for Growth
OSIS's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of OSIS may justify a higher PE ratio.
OSIS's earnings are expected to grow with 12.22% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.42
PEG (5Y)1.73
EPS Next 2Y13.11%
EPS Next 3Y12.22%
5. Dividend
5.1 Amount
No dividends for OSIS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
201.68
-0.63 (-0.31%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners116.91%
Inst Owner Change0%
Ins Owners4.84%
Ins Owner Change-8.04%
Market Cap3.39B
Analysts83.08
Price Target224.4 (11.27%)
Short Float %15.63%
Short Ratio9.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.89%
Min EPS beat(2)1.84%
Max EPS beat(2)13.95%
EPS beat(4)3
Avg EPS beat(4)4.04%
Min EPS beat(4)-0.25%
Max EPS beat(4)13.95%
EPS beat(8)7
Avg EPS beat(8)5.91%
EPS beat(12)10
Avg EPS beat(12)4.46%
EPS beat(16)14
Avg EPS beat(16)4.1%
Revenue beat(2)2
Avg Revenue beat(2)4.03%
Min Revenue beat(2)1.38%
Max Revenue beat(2)6.68%
Revenue beat(4)3
Avg Revenue beat(4)1.91%
Min Revenue beat(4)-1.49%
Max Revenue beat(4)6.68%
Revenue beat(8)5
Avg Revenue beat(8)1.15%
Revenue beat(12)5
Avg Revenue beat(12)0.19%
Revenue beat(16)7
Avg Revenue beat(16)-0.07%
PT rev (1m)0%
PT rev (3m)15.53%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.28%
EPS NY rev (1m)0.24%
EPS NY rev (3m)1.23%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.01%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.26 | ||
| Fwd PE | 19.41 | ||
| P/S | 2.05 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 4.1 | ||
| P/tB | 12.95 | ||
| EV/EBITDA | 14.9 |
EPS(TTM)8.67
EY4.3%
EPS(NY)10.39
Fwd EY5.15%
FCF(TTM)-6.57
FCFYN/A
OCF(TTM)-3.91
OCFYN/A
SpS98.22
BVpS49.16
TBVpS15.58
PEG (NY)1.42
PEG (5Y)1.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.31% | ||
| ROE | 16.28% | ||
| ROCE | 14.63% | ||
| ROIC | 9.98% | ||
| ROICexc | 10.63% | ||
| ROICexgc | 16.65% | ||
| OM | 12.65% | ||
| PM (TTM) | 8.15% | ||
| GM | 33.88% | ||
| FCFM | N/A |
ROA(3y)6.84%
ROA(5y)6.36%
ROE(3y)15.18%
ROE(5y)14.05%
ROIC(3y)10.46%
ROIC(5y)9.97%
ROICexc(3y)11.2%
ROICexc(5y)10.73%
ROICexgc(3y)21.42%
ROICexgc(5y)20.43%
ROCE(3y)15.84%
ROCE(5y)14.3%
ROICexcg growth 3Y-4.68%
ROICexcg growth 5Y-3.7%
ROICexc growth 3Y1.94%
ROICexc growth 5Y1.67%
OM growth 3Y5.1%
OM growth 5Y6.11%
PM growth 3Y8.88%
PM growth 5Y8.72%
GM growth 3Y-1.99%
GM growth 5Y-1.1%
F-Score3
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.77 | ||
| Cap/Depr | 100.45% | ||
| Cap/Sales | 2.71% | ||
| Interest Coverage | 7.79 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.25 | ||
| Altman-Z | 3.57 |
F-Score3
WACC8.71%
ROIC/WACC1.15
Cap/Depr(3y)85.38%
Cap/Depr(5y)78.2%
Cap/Sales(3y)2.56%
Cap/Sales(5y)2.63%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)19.26%
EPS 3Y15.06%
EPS 5Y13.45%
EPS Q2Q%9.5%
EPS Next Y16.39%
EPS Next 2Y13.11%
EPS Next 3Y12.22%
EPS Next 5YN/A
Revenue 1Y (TTM)20.69%
Revenue growth 3Y10.29%
Revenue growth 5Y5.42%
Sales Q2Q%12.48%
Revenue Next Year11.38%
Revenue Next 2Y8.22%
Revenue Next 3Y7.15%
Revenue Next 5YN/A
EBIT growth 1Y21.34%
EBIT growth 3Y15.91%
EBIT growth 5Y11.86%
EBIT Next Year39.25%
EBIT Next 3Y17.35%
EBIT Next 5YN/A
FCF growth 1Y-385.96%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-195.81%
OCF growth 3YN/A
OCF growth 5YN/A