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OFLXOmega Flex, Inc.
$30.25$305M
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  3. OFLX
  4. Financial Ratios

Omega Flex, Inc. (OFLX) Financial Ratios

Latest Ratios: P/E Ratio 20.6x · EV/EBITDA 14.0x · ROE 17.7%. (2004–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

OFLX Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$305M$297M$424M$712M$942M$1.3B$1.5B$1.1B$546M$721M$563M
Enterprise Value$257M$249M$377M$668M$907M$1.3B$1.5B$1.1B$513M$683M$527M
P/E Ratio →20.5820.0323.5834.2339.8848.8374.1162.7427.0446.0739.27
P/S Ratio3.113.024.176.397.519.8613.939.725.047.085.98
P/B Ratio3.633.545.099.0313.2321.1731.7828.828.2312.8512.22
P/FCF19.8919.3622.4732.6865.8553.0078.6273.0928.5248.1938.74
P/OCF17.7817.3020.3130.3961.7850.9576.3267.5125.9139.9338.13

P/E links to full P/E history page with 30-year chart

OFLX EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—2.533.716.007.239.6313.719.594.746.715.61
EV / EBITDA14.0413.5916.5324.8528.2634.7052.7047.1519.0727.6223.59
EV / EBIT15.1714.6917.4925.9029.2935.6554.4346.7119.2028.1024.51
EV / FCF—16.2020.0130.6863.4451.7877.3872.0626.8345.6536.31

OFLX Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin56.2%56.2%61.2%61.3%62.4%62.7%62.9%63.3%61.0%60.7%61.5%
Operating Margin17.2%17.2%21.2%23.1%24.7%27.0%25.2%19.7%24.3%23.8%23.3%
Net Profit Margin15.1%15.1%17.7%18.6%18.8%20.1%18.8%15.5%18.6%15.4%15.3%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE17.7%17.7%22.2%27.7%35.9%49.0%47.4%33.3%32.9%30.7%33.0%
ROA14.1%14.1%17.5%21.0%25.3%32.6%30.0%23.4%24.6%21.2%21.0%
ROIC35.1%35.1%44.8%53.7%68.7%97.0%87.9%58.5%76.0%125.8%151.0%
ROCE19.1%19.1%25.3%32.8%43.9%60.5%59.1%40.2%41.4%45.3%48.4%

OFLX Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.060.060.060.040.050.060.010.02———
Debt / EBITDA0.260.260.230.110.100.090.020.03———
Net Debt / Equity—-0.58-0.56-0.55-0.48-0.49-0.50-0.41-0.49-0.68-0.77
Net Debt / EBITDA-2.65-2.65-2.03-1.61-1.07-0.82-0.84-0.68-1.20-1.53-1.58
Debt / FCF—-3.16-2.46-1.99-2.41-1.22-1.23-1.03-1.69-2.54-2.43
Interest Coverage——————683.41————

Net cash position: cash ($53M) exceeds total debt ($5M)

OFLX Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio5.205.204.804.433.383.152.622.264.003.512.62
Quick Ratio4.364.363.963.572.592.462.101.723.573.062.30
Cash Ratio3.343.342.962.561.681.441.080.792.572.101.55
Asset Turnover—0.940.961.111.281.461.481.831.251.321.33
Inventory Turnover3.213.212.712.762.663.113.413.695.295.004.91
Days Sales Outstanding—50.7451.6250.3050.9158.1969.2755.8755.4456.0658.23

OFLX Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield4.5%4.6%3.2%1.8%1.0%1.2%0.8%4.3%1.8%1.8%1.5%
Payout Ratio92.6%92.6%75.1%63.2%40.2%56.8%56.8%266.3%48.5%83.1%59.7%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield4.9%5.0%4.2%2.9%2.5%2.0%1.3%1.6%3.7%2.2%2.5%
FCF Yield5.0%5.2%4.4%3.1%1.5%1.9%1.3%1.4%3.5%2.1%2.6%
Buyback Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Total Shareholder Yield4.5%4.6%3.2%1.8%1.0%1.2%0.8%4.3%1.8%1.8%1.5%
Shares Outstanding—$10M$10M$10M$10M$10M$10M$10M$10M$10M$10M

Key Metrics

Growth RegimeContracting
ProfitabilityStrained
Balance SheetFortress
Cash FlowMixed
Top Statement Risk

Cyclical construction market exposure

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Premium Valuation Amidst Cyclical Headwinds

According to recent market data, OFLX trades at a TTM P/E of 21.57, which appears elevated relative to its current contracting growth profile and suggests investors are pricing in a recovery rather than the immediate reality of declining residential construction demand.

The forward P/E of 17.28 implies that the market anticipates a stabilization in earnings, yet this valuation remains sensitive to the company's inability to maintain historical growth rates. Investors should monitor whether the current multiple is supported by the firm's unique safety-critical product moat or if it represents an overvaluation relative to peers with more diversified revenue streams.

Decaying Returns on Invested Capital

Based on reported financial statements, ROIC has trended downward from 11.8% in 2023Q4 to 4.8% in 2026Q1, indicating that the company is struggling to compound capital efficiently as its core industrial and construction markets face persistent cyclical pressure.

The compression in ROIC is primarily driven by the erosion of operating margins, which have fallen significantly from historical peaks. This trend warrants further investigation into whether the company's niche product advantages are being diluted by competitive pricing or if the current asset base is becoming underutilized due to lower production volumes.

Working Capital Bloat and Turnover

As indicated by the latest quarterly filings, the cash conversion cycle has expanded to 150 days in 2026Q1, largely driven by an increase in days inventory outstanding, which suggests that the company is holding excess stock as demand for its piping systems softens.

The rise in DIO to 120 days compared to historical levels indicates a potential mismatch between production schedules and actual distributor pull-through. This inefficiency in working capital management may continue to weigh on free cash flow until inventory levels are normalized to match the current, more subdued market environment.

Fortress Liquidity Buffers Against Volatility

According to the most recent balance sheet, the company maintains a current ratio of 5.72, providing an exceptionally strong liquidity position that serves as a critical buffer against the cyclical downturns inherent in the North American residential and commercial construction sectors.

This liquidity profile is bolstered by a near-total absence of debt, which effectively eliminates interest rate risk and provides management with significant optionality. While this conservative stance protects the firm from insolvency, it also raises questions regarding the potential for more aggressive capital deployment to drive future growth.

Misapplication of P/E Multiples

The P/E ratio is frequently misapplied to OFLX because it fails to account for the company's massive cash-heavy balance sheet, which artificially inflates the denominator and obscures the true earnings power of the underlying industrial manufacturing operations.

Investors should instead focus on EV/EBITDA or P/FCF, which adjust for the company's significant cash reserves and provide a clearer picture of the valuation of the core business. Relying solely on P/E may lead to an inaccurate assessment of the company's relative value compared to peers that carry higher debt loads.

Download Financial Ratios Data

Includes 30+ ratios · 22 years · Updated daily

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OFLX — Frequently Asked Questions

Quick answers to the most common questions about buying OFLX stock.

What is Omega Flex, Inc.'s P/E ratio?

Omega Flex, Inc.'s current P/E ratio is 20.6x. The historical average is 34.1x. This places it at the 14th percentile of its historical range.

What is Omega Flex, Inc.'s EV/EBITDA?

Omega Flex, Inc.'s current EV/EBITDA is 14.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 22.4x.

What is Omega Flex, Inc.'s ROE?

Omega Flex, Inc.'s return on equity (ROE) is 17.7%. The historical average is 31.6%.

Is OFLX stock overvalued?

Based on historical data, Omega Flex, Inc. is trading at a P/E of 20.6x. This is at the 14th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is Omega Flex, Inc.'s dividend yield?

Omega Flex, Inc.'s current dividend yield is 4.50% with a payout ratio of 92.6%.

What are Omega Flex, Inc.'s profit margins?

Omega Flex, Inc. has 56.2% gross margin and 17.2% operating margin. Operating margin between 10-20% is typical for established companies.

How much debt does Omega Flex, Inc. have?

Omega Flex, Inc.'s Debt/EBITDA ratio is 0.3x, indicating low leverage. A ratio below 2x is generally considered financially healthy.