OCC - Optical Cable Corp Stock Price, Fair Value and News

2.79USD+0.03 (+1.09%)Delayed

Market Summary

USD2.79+0.03

Delayed

1.09%

OCC Stock Price

View Fullscreen

OCC RSI Chart

OCC Valuation

Market Cap

21.9M

Price/Earnings (Trailing)

-129.83

Price/Sales (Trailing)

0.32

EV/EBITDA

10.61

Price/Free Cashflow

-41.88

OCC Price/Sales (Trailing)

OCC Profitability

EBT Margin

-0.07%

Return on Equity

-0.72%

Return on Assets

-0.42%

Free Cashflow Yield

-2.39%

OCC Fundamentals

OCC Revenue

Revenue (TTM)

68.7M

Rev. Growth (Yr)

-18.75%

Rev. Growth (Qtr)

-14.28%

OCC Earnings

Earnings (TTM)

-168.8K

Earnings Growth (Yr)

-275.96%

Earnings Growth (Qtr)

-12.46%

Breaking Down OCC Revenue

Last 7 days

-6.7%

Last 30 days

0.7%

Last 90 days

1.8%

Trailing 12 Months

-33.9%

How does OCC drawdown profile look like?

OCC Financial Health

Current Ratio

4.73

Debt/Equity

0.26

Debt/Cashflow

OCC Investor Care

Buy Backs (1Y)

0.19%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	68.7M	0	0	0
2023	72.9M	75.3M	74.9M	72.2M
2022	61.7M	63.2M	64.9M	69.1M
2021	54.3M	55.1M	57.1M	59.1M
2020	67.5M	63.4M	59.6M	55.3M
2019	87.0M	79.1M	73.3M	71.3M
2018	67.0M	78.1M	84.8M	87.8M
2017	65.2M	64.7M	64.2M	64.1M
2016	70.3M	67.9M	64.1M	64.6M
2015	83.8M	82.3M	82.1M	73.6M
2014	74.5M	75.6M	77.0M	83.0M
2013	83.5M	80.6M	78.2M	75.3M
2012	73.0M	77.8M	81.1M	83.5M
2011	69.0M	70.4M	71.9M	73.3M
2010	0	0	63.0M	67.5M
2009	0	0	0	58.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Optical Cable Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jan 31, 2024	smith tracy g	sold (taxes)	-13,729	2.67	-5,142	svp and cfo
Jan 31, 2024	wilkin neil d jr	sold (taxes)	-17,496	2.67	-6,553	chairman, president and ceo
Jan 19, 2024	frazier randall h	back to issuer	-10,698	2.6745	-4,000	-
Jul 26, 2023	weber craig h	acquired	-	-	7,140	-
Jul 26, 2023	frazier randall h	acquired	-	-	7,140	-
Jul 26, 2023	nygren john a jr	acquired	-	-	7,140	-
Jul 26, 2023	holland john m	acquired	-	-	7,140	-
Jun 22, 2023	frazier randall h	back to issuer	-7,960	4.05096	-1,965	-
Jun 21, 2023	frazier randall h	back to issuer	-10,732	4.05	-2,650	-
Jun 20, 2023	frazier randall h	back to issuer	-10,760	4.06045	-2,650	-

Which funds bought or sold OCC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	MORGAN STANLEY	reduced	-51.02	-3,863	4,075	-%
May 15, 2024	MERCER GLOBAL ADVISORS INC /ADV	unchanged	-	2,000	51,000	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	sold off	-100	-8.00	-	-%
May 15, 2024	Tower Research Capital LLC (TRC)	added	154	4,616	7,392	-%
May 15, 2024	Hilltop Holdings Inc.	unchanged	-	1,985	43,206	-%
May 15, 2024	RBF Capital, LLC	unchanged	-	4,224	91,961	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	unchanged	-	3,588	78,108	-%
May 15, 2024	Royal Bank of Canada	reduced	-0.96	11,000	333,000	-%
May 14, 2024	Legacy Financial Advisors, Inc.	added	48.56	82,030	229,275	0.04%
May 13, 2024	ENVESTNET ASSET MANAGEMENT INC	unchanged	-	2,340	50,940	-%

Are Funds Buying or Selling OCC?

Are funds buying OCC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own OCC

No. of Funds

Unveiling Optical Cable Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 08, 2022	dimensional fund advisors lp	4.4%	346,251	SC 13G/A
Feb 12, 2021	dimensional fund advisors lp	5.7%	429,093	SC 13G/A
Feb 12, 2020	dimensional fund advisors lp	5.90%	440,174	SC 13G/A

Recent SEC filings of Optical Cable Corp

View All Filings

Date Filed	Form Type	Document
Apr 30, 2024	8-K	Current Report
Mar 27, 2024	8-K	Current Report
Mar 14, 2024	8-K	Current Report
Mar 13, 2024	10-Q	Quarterly Report
Feb 27, 2024	DEF 14A	DEF 14A

Peers (Alternatives to Optical Cable Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSCO	195.2B	57.2B	0.84%	-0.02%	14.52	3.41	7.66%	18.93%
ANET	100.2B	6.1B	23.38%	126.13%	43.8	16.49	25.22%	50.89%
HPQ	30.6B	53.1B	12.68%	1.50%	8.95	0.58	-11.04%	34.01%
HPE	23.2B	29.1B	4.87%	23.94%	11.47	0.8	2.24%	133.29%
LOGI	13.8B	4.3B	13.89%	41.09%	22.55	3.21	-5.30%	67.91%
JNPR	11.3B	5.3B	-5.04%	17.70%	50.26	2.11	-2.96%	-55.26%
MID-CAP
UI	8.8B	1.9B	37.99%	-15.28%	25.3	4.63	1.03%	-11.76%
BDC	3.8B	2.4B	13.60%	9.12%	21.17	1.58	-8.79%	-36.23%
LITE	3.1B	1.4B	9.65%	-2.83%	-8.78	2.19	-21.81%	-865.12%
SMALL-CAP
EXTR	1.5B	1.2B	4.94%	-36.59%	-239.63	1.24	-0.19%	-110.91%
AAOI	456.4M	205.3M	-2.09%	570.29%	-7.25	2.22	-8.19%	5.55%
ADTN	417.7M	1.1B	13.55%	-38.68%	-0.76	0.4	-12.01%	-1246.95%
ALOT	135.5M	148.1M	4.92%	16.09%	28.87	0.92	3.90%	76.40%
AIRG	56.5M	53.8M	-4.90%	-	-4.7	1.05	-28.06%	-33.67%
AKTS	34.5M	29.9M	-30.00%	-88.82%	-0.45	1.16	39.86%	-24.01%

Optical Cable Corp News

Latest updates

Optical Cable Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-14.3%	14,854,765	17,329,163	16,941,378	19,619,536	18,283,675	20,055,750	17,382,640	17,200,578	14,440,295	15,883,847	15,634,760	15,741,114	11,876,573	13,887,407	13,639,169	14,863,428	12,887,396	18,249,535	17,367,068	18,957,175	16,750,668
Gross Profit	-4.1%	3,713,522	3,874,131	5,116,030	6,782,706	6,521,209	6,623,350	4,808,205	5,033,446	4,045,852	5,055,227	4,090,246	4,819,216	2,309,390	4,213,327	3,472,161	3,996,750	2,404,140	4,941,600	4,491,454	5,309,134	3,562,559
S&GA Expenses	-1.0%	5,093,105	5,145,418	4,957,518	5,662,339	5,455,466	5,188,984	4,954,221	5,036,331	4,780,199	4,811,073	4,530,563	4,589,592	4,307,924	4,311,907	4,559,970	5,549,501	4,824,124	5,465,463	5,418,438	5,776,814	6,773,645
EBITDA Margin	-50.2%	0.03	0.06	0.09	0.08	0.05	0.02	0.00	0.10	0.16	0.14	0.14	0.02	-	-	-	-	-	-	-	-	-
Interest Expenses	0.3%	298,610	297,651	298,215	286,065	270,623	229,630	197,865	182,531	158,260	160,299	175,122	180,980	173,983	172,614	135,725	124,786	136,687	139,323	135,648	129,291	116,880
Income Taxes	-82.0%	7,079	39,247	-920	74,933	32,464	7,517	9,622	-5,194	12,748	2,054	3,768	6,616	-32,336	2,965	4,992	5,051	5,033	3,517	12,859	5,240	-27,421
Earnings Before Taxes	-15.5%	-1,418,195	-1,228,129	99,883	2,498,020	842,448	1,196,081	-362,249	-233,185	-923,045	-3,876	5,376,535	3,391,775	-2,173,816	-403,360	-1,428,838	-1,684,130	-2,586,855	-653,065	-1,072,435	-612,185	-3,337,441
EBT Margin	-102.3%	0.00	0.03	0.06	0.06	0.02	0.00	-0.02	0.07	0.13	0.11	0.11	-0.01	-	-	-	-	-	-	-	-	-
Net Income	-12.5%	-1,425,274	-1,267,376	100,803	2,423,087	809,984	1,188,564	-371,871	-227,991	-935,793	-5,930	5,372,767	3,385,159	-2,141,480	-406,325	-1,433,830	-1,689,181	-2,591,888	-656,582	-1,085,294	-617,425	-3,310,020
Net Income Margin	-108.6%	0.00	0.03	0.06	0.05	0.02	-0.01	-0.02	0.07	0.13	0.11	0.11	-0.01	-	-	-	-	-	-	-	-	-
Free Cashflow	-188.9%	-341,461	383,893	422,982	-988,599	-734,799	46,546	1,214,417	-1,190,544	-1,937,773	2,289,444	143,145	-966,229	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-7.7%	40,494	43,879	45,554	45,976	42,501	40,558	39,008	41,779	39,103	37,917	39,424	40,477	35,365	36,558	36,913	40,971	36,665	40,107	41,518	44,341	42,167
Current Assets	-9.1%	31,840	35,038	36,504	36,783	33,109	31,196	29,401	32,069	29,093	27,566	28,931	29,663	24,487	25,323	25,298	29,443	25,099	29,380	30,351	32,754	30,273
Cash Equivalents	-85.0%	221	1,469	193	325	186	216	192	239	138	132	121	361	452	141	999	4,295	694	537	1,100	311	418
Inventory	-3.1%	23,023	23,766	24,946	23,100	22,261	19,439	18,687	18,646	17,907	16,304	15,735	16,833	17,380	17,100	17,129	17,037	17,180	18,096	18,813	20,243	19,486
Net PPE	-0.1%	7,134	7,140	7,214	7,275	7,302	7,390	7,500	7,647	7,790	7,913	8,155	8,368	8,579	8,812	9,065	9,343	9,697	10,010	10,420	10,780	11,037
Liabilities	-10.5%	17,146	19,157	19,713	20,409	19,497	18,398	18,124	20,604	17,813	15,711	17,330	23,831	22,206	21,298	21,287	23,952	17,984	18,868	19,662	21,436	18,672
Current Liabilities	-13.4%	6,729	7,768	11,816	7,664	7,714	7,483	7,076	8,430	6,833	6,168	5,484	11,483	9,363	6,266	7,591	14,327	11,918	13,627	14,136	10,192	7,711
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,025	6,092
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	266	264
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,025	6,092
Shareholder's Equity	-5.6%	23,348	24,722	25,841	25,567	23,004	22,160	20,884	21,175	21,290	22,206	22,094	16,646	13,159	15,260	15,626	17,019	18,681	21,239	21,856	22,905	23,495
Retained Earnings	-14.9%	8,162	9,588	10,855	10,754	8,331	7,521	6,333	6,705	6,933	7,868	7,874	2,501	-883	1,258	1,664	3,098	4,787	7,386	8,042	9,128	9,745
Shares Outstanding	-0.5%	7,853	7,894	7,894	7,865	7,869	7,893	7,893	7,895	7,850	7,897	7,566	7,536	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	25,396	-	-	-	22,184	-	-	-	19,417,539,000	-	-	-	13,999	-	-	-	28,104	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-149.0%	-261	533	564	-863	-630	129	1,311	-1,163	-1,864	2,327	182	-917	525	-1,117	-1,619	-1,359	544	-236	404	700	-1,150
Share Based Compensation	7.3%	159	148	174	155	135	87.00	87.00	113	124	118	75.00	102	41.00	41.00	41.00	27.00	34.00	39.00	43.00	36.00	862
Cashflow From Investing	46.5%	-80.33	-150	115	1,571	-106	-76.33	-104	-30.69	-81.29	-41.77	-46.16	-48.34	-56.60	-37.67	-26.49	-36.54	-67.76	-9.86	-43.53	-153	-343
Cashflow From Financing	-45.0%	-906	-625	-811	949	707	-29.18	-1,253	1,295	1,952	-2,273	-375	875	-157	297	-1,650	4,997	-319	-315	429	-653	1,735
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	240*	76*	-	1.00

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

OCC Income Statement

2024-01-31

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Jan. 31, 2024	Jan. 31, 2023
Net sales	$ 14,854,765	$ 18,283,675
Cost of goods sold	11,141,243	11,762,466
Gross profit	3,713,522	6,521,209
Selling, general and administrative expenses	5,093,105	5,455,466
Royalty expense, net	6,586	6,586
Amortization of intangible assets	13,516	13,221
Income (loss) from operations	(1,399,685)	1,045,936
Other income (expense), net:
Interest expense, net	(298,610)	(270,623)
Other, net	280,100	67,135
Other expense, net	(18,510)	(203,488)
Income (loss) before income taxes	(1,418,195)	842,448
Income tax expense	7,079	32,464
Net income (loss)	$ (1,425,274)	$ 809,984
Net income (loss) per share: Basic and diluted (in dollars per share)	$ (0.18)	$ 0.1

OCC Balance Sheet

2024-01-31

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jan. 31, 2024	Oct. 31, 2023
Current assets:
Cash	$ 220,980	$ 1,468,709
Trade accounts receivable, net of allowance for credit losses of $59,215 at January 31, 2024 and $71,189 at October 31, 2023	7,397,512	8,727,810
Income taxes refundable - current	81,844	81,844
Other receivables	553,108	397,758
Inventories	23,022,757	23,766,326
Prepaid expenses and other assets	564,069	595,469
Total current assets	31,840,270	35,037,916
Property and equipment, net	7,134,113	7,139,616
Intangible assets, net	552,683	566,197
Other assets, net	966,819	1,135,172
Total assets	40,493,885	43,878,901
Current liabilities:
Current installments of long-term debt	53,663	52,624
Accounts payable and accrued expenses	5,129,639	5,843,044
Accrued compensation and payroll taxes	1,516,402	1,849,780
Income taxes payable	29,721	22,754
Total current liabilities	6,729,425	7,768,202
Note payable, revolver - noncurrent	7,459,960	8,324,397
Long-term debt, excluding current installments	2,613,949	2,622,620
Other noncurrent liabilities	342,491	441,838
Total liabilities	17,145,825	19,157,057
Shareholders’ equity:
Preferred stock, no par value, authorized 1,000,000 shares; none issued and outstanding	0	0
Common stock, no par value, authorized 50,000,000 shares; issued and outstanding 7,853,357 shares at January 31, 2024 and 7,893,681 shares at October 31, 2023	15,185,623	15,134,133
Retained earnings	8,162,437	9,587,711
Total shareholders’ equity	23,348,060	24,721,844
Commitments and Contingencies
Total liabilities and shareholders’ equity	$ 40,493,885	$ 43,878,901

About Optical Cable Corp

Optical Cable Corporation, together with its subsidiaries, engages in the manufacture and sale of fiber optic and copper data communications cabling and connectivity solutions primarily for the enterprise market in the United States and internationally. The company provides fiber optic and hybrid cables for high bandwidth transmission of data, video, and voice communications; and copper datacom cables, including unshielded and shielded twisted pair constructions. Its fiber optic connectivity products include fiber optic wall mounts, cabinet mount and rack mount enclosures, pre-terminated fiber optic enclosures, fiber optic connectors, splice trays, fiber optic jumpers, plug and play cassette modules, pre-terminated fiber optic cable assemblies, adapters, and accessories; and copper connectivity products comprising category compliant patch panels, jacks, plugs, patch cords, faceplates, surface mounted boxes, distribution and multi-media boxes, copper rack mount and wall mount enclosures, cable assemblies, cable organizers, and other wiring products for equipment rooms, telecommunications closets, data centers, and workstation applications. In addition, it offers network, data storage, and telecommunications management systems, such as data cabinets, wall mount enclosures, horizontal and vertical cable management systems, and open frame relay racks for enterprise and residential use; and datacom wiring products, including various enclosures, and modules and modular outlets for single dwelling and multiple dwelling residential uses. Further, the company provides specialty fiber optic connectors and connectivity components, copper datacom connectors, and related systems and solutions for military, other harsh environment, and special applications. It sells its products to distributors, original equipment manufacturers, value-added resellers, and end-users. Optical Cable Corporation was incorporated in 1983 and is headquartered in Roanoke, Virginia.

CEO	Mr. Neil D. Wilkin Jr.
WEBSITE	occfiber.com
INDUSTRY	Computer Hardware
EMPLOYEES	337

Optical Cable Corp Frequently Asked Questions

What is the ticker symbol for Optical Cable Corp? What does OCC stand for in stocks?

OCC is the stock ticker symbol of Optical Cable Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Optical Cable Corp (OCC)?

As of Fri May 17 2024, market cap of Optical Cable Corp is 21.91 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OCC stock?

You can check OCC's fair value in chart for subscribers.

What is the fair value of OCC stock?

You can check OCC's fair value in chart for subscribers. The fair value of Optical Cable Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Optical Cable Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OCC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Optical Cable Corp a good stock to buy?

The fair value guage provides a quick view whether OCC is over valued or under valued. Whether Optical Cable Corp is cheap or expensive depends on the assumptions which impact Optical Cable Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OCC.

What is Optical Cable Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, OCC's PE ratio (Price to Earnings) is -129.83 and Price to Sales (PS) ratio is 0.32. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OCC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Optical Cable Corp's stock?

In the past 10 years, Optical Cable Corp has provided -0.025 (multiply by 100 for percentage) rate of return.