-1.43%
-4.00%
-22.29%
-18.68%
-43.15%
-72.48%
-61.81%
AI Spotlight on OFLX
Company Description
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, as well as its 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.
It serves various markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries.The company sells its products through independent sales representatives, distributors, original equipment manufacturers, and direct sales, as well as through its website.The company was formerly known as Tofle America, Inc.
and changed its name to Omega Flex, Inc.in 1996.Omega Flex, Inc.
was incorporated in 1975 and is based in Exton, Pennsylvania.
Market Data
| Last Price | 39.36 |
| Change Percentage | -1.43% |
| Open | 39.14 |
| Previous Close | 39.93 |
| Market Cap ( Millions) | 397 |
| Volume | 12787 |
| Year High | 75.28 |
| Year Low | 37.27 |
| M A 50 | 44.1 |
| M A 200 | 51.66 |
Financial Ratios
| FCF Yield | 5.38% |
| Dividend Yield | 3.43% |
| ROE | 22.71% |
| Debt / Equity | 6.90% |
| Net Debt / EBIDTA | -174.07% |
| Price To Book | 4.85 |
| Price Earnings Ratio | 21.8 |
| Price To FCF | 18.57 |
| Price To sales | 3.86 |
| EV / EBITDA | 15.46 |
News
- Dec -05 - Omega Flex, Inc. Announces Regular Quarterly Dividend for the Fourth Quarter 2024
- Oct -31 - Omega Flex Q3 Earnings Decline Y/Y on Lower Demand, Higher Overheads
- Oct -30 - Omega Flex, Inc. Announces Third Quarter 2024 Earnings
- Sep -11 - Omega Flex, Inc. Announces Regular Quarterly Dividend for the Third Quarter 2024
- Aug -31 - A Once-in-a-Decade Opportunity: 1 Magnificent Dividend Stock Down 74% to Buy Now and Hold Forever
- Aug -01 - Omega Flex (OFLX) Q2 Earnings Flat Y/Y, Cost-Cutting Measures Aid
- Jul -31 - Omega Flex, Inc. Announces Second Quarter 2024 Earnings
- Jun -20 - 10 Upcoming Dividend Increases
- Jun -13 - Omega Flex, Inc. Announces Regular Quarterly Dividend for the Second Quarter 2024
- May -17 - Zacks Initiates Coverage of Omega Flex With Neutral Recommendation
- May -01 - Omega Flex, Inc. Announces First Quarter 2024 Earnings
- Apr -09 - Omega Flex, Inc. Announces Election of a Director: Stephen M. Shea
- Apr -05 - Omega Flex, Inc. Announces Departure of a Director: Derek W. Glanvill
- Mar -28 - Omega Flex, Inc. Announces Regular Quarterly Dividend for the First Quarter 2024
- Mar -06 - Omega Flex, Inc. Announces Fourth Quarter 2023 Earnings
- Jan -22 - Omega Flex: Becoming More Appealing, But Valuation Still Relatively High
- Jan -05 - 1 Magnificent Dividend Stock Down 23% to Buy in 2024 and Hold Forever
- Dec -27 - Omega Flex, Inc. Board and Organizational Changes
- Dec -06 - Omega Flex, Inc. Announces Regular Quarterly Dividend for the Fourth Quarter 2023
- Oct -18 - Omega Flex, Inc. Announces Third Quarter 2023 Earnings
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Flexible Metal Hose and Accessories
Expected Growth : 4.5 %
What the company do ?
Flexible Metal Hose and Accessories from Omega Flex, Inc. are corrosion-resistant, flexible connectors for conveying fluids, gases, and fuels in various industrial applications.
Why we expect these perspectives ?
Growing demand for corrosion-resistant connectors in industrial applications, increasing adoption in oil and gas, chemical processing, and power generation industries, and rising need for flexible and reliable fluid conveyance systems drive the growth of the flexible metal hose and accessories market.
Omega Flex, Inc. Products
| Product Range | What is it ? |
|---|---|
| TruFlex | A flexible, corrugated, stainless steel tubing used for gas piping systems in residential and commercial applications. |
| CounterFlex | A flexible, corrugated, stainless steel tubing used for gas piping systems in commercial kitchen applications. |
| MedTran | A medical gas piping system used in healthcare facilities for oxygen, nitrous oxide, and other medical gases. |
| AutoFlare | A flexible, corrugated, stainless steel tubing used for fueling systems in automotive applications. |
| FlareFree | A flexible, corrugated, stainless steel tubing used for fueling systems in industrial applications. |
Omega Flex, Inc.'s Porter Forces
Threat Of Substitutes
Omega Flex, Inc. faces moderate threat from substitutes due to the availability of alternative materials and products in the market.
Bargaining Power Of Customers
Omega Flex, Inc. has a diverse customer base, which reduces the bargaining power of individual customers, resulting in a low threat.
Bargaining Power Of Suppliers
Omega Flex, Inc. relies on a few key suppliers for raw materials, which gives them some bargaining power, but the company's large scale of operations mitigates this threat.
Threat Of New Entrants
The capital-intensive nature of the industry and the need for specialized equipment and expertise make it difficult for new entrants to join the market, reducing the threat.
Intensity Of Rivalry
The industry is highly competitive, with several established players competing for market share, leading to a high level of rivalry.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 3.61% |
| Debt Cost | 3.95% |
| Equity Weight | 96.39% |
| Equity Cost | 5.75% |
| WACC | 5.69% |
| Leverage | 3.74% |
Omega Flex, Inc. : Quality Control
Omega Flex, Inc. passed 8 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| XMTR | Xometry, Inc. operates a marketplace that enables buyers to source manufactured parts and assemblies in the United States and internationally. It provides CNC machining, milling, and turning services; sheet, laser, … |
| LXFR | Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and emergency response, healthcare, transportation, and general industrial end-market … |
| HLIO | Helios Technologies, Inc., together with its subsidiaries, develops, manufactures, and sells solutions for the hydraulics and electronics markets in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. … |
| HURC | Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. The company's principal products include general-purpose computerized machine … |
| AMSC | American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates in two segments, Grid and Wind. The Grid segment offers products and services that … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Luxfer
A-Score
1-Year Total Return ->
🥈
Omega Flex
A-Score
1-Year Total Return ->
🥉
Helios Technologies
A-Score
1-Year Total Return ->
4
Xometry
A-Score
1-Year Total Return ->
5
Hurco
A-Score
1-Year Total Return ->
6
