Ocean Power Technologies, Inc. (OPTT)
NYSEAMERICAN: OPTT · IEX Real-Time Price · USD
0.372
-0.011 (-2.77%)
Jul 18, 2024, 3:23 PM EDT - Market open

Ocean Power Technologies Statistics

Total Valuation

OPTT has a market cap or net worth of $33.89 million. The enterprise value is $27.02 million.

Market Cap 33.89M
Enterprise Value 27.02M

Important Dates

The next estimated earnings date is Wednesday, September 11, 2024, after market close.

Earnings Date Sep 11, 2024
Ex-Dividend Date n/a

Share Statistics

OPTT has 90.46 million shares outstanding. The number of shares has increased by 5.18% in one year.

Shares Outstanding 90.46M
Shares Change (YoY) +5.18%
Shares Change (QoQ) +0.14%
Owned by Insiders (%) 3.93%
Owned by Institutions (%) 3.93%
Float 57.27M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 6.81
Forward PS n/a
PB Ratio 1.33
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 5.48
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 2.49, with a Debt / Equity ratio of 0.11.

Current Ratio 2.49
Quick Ratio 1.40
Debt / Equity 0.11
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage 30.83

Financial Efficiency

Return on equity (ROE) is -86.90% and return on invested capital (ROIC) is -116.86%.

Return on Equity (ROE) -86.90%
Return on Assets (ROA) -70.00%
Return on Capital (ROIC) -116.86%
Revenue Per Employee $68,514
Profits Per Employee -$420,847
Employee Count 72
Asset Turnover 0.11
Inventory Turnover 1.27

Taxes

Income Tax -1.25M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -46.17% in the last 52 weeks. The beta is 2.19, so OPTT's price volatility has been higher than the market average.

Beta (5Y) 2.19
52-Week Price Change -46.17%
50-Day Moving Average 0.23
200-Day Moving Average 0.28
Relative Strength Index (RSI) 61.57
Average Volume (20 Days) 85,502,879

Short Selling Information

The latest short interest is 3.98 million, so 4.40% of the outstanding shares have been sold short.

Short Interest 3.98M
Short Previous Month 3.66M
Short % of Shares Out 4.40%
Short % of Float 6.95%
Short Ratio (days to cover) 0.32

Income Statement

In the last 12 months, OPTT had revenue of $4.93 million and -$30.30 million in losses. Loss per share was -$0.52.

Revenue 4.93M
Gross Profit 1.83M
Operating Income -32.66M
Pretax Income -31.56M
Net Income -30.30M
EBITDA -31.69M
EBIT -32.61M
Loss Per Share -$0.52
Full Income Statement

Balance Sheet

The company has $9.25 million in cash and $2.69 million in debt, giving a net cash position of $6.56 million or $0.07 per share.

Cash & Cash Equivalents 9.25M
Total Debt 2.69M
Net Cash 6.56M
Net Cash Per Share $0.07
Equity (Book Value) 25.26M
Book Value Per Share 0.28
Working Capital 10.51M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$30.33 million and capital expenditures -$1.94 million, giving a free cash flow of -$32.27 million.

Operating Cash Flow -30.33M
Capital Expenditures -1.94M
Free Cash Flow -32.27M
FCF Per Share -$0.55
Full Cash Flow Statement

Margins

Gross margin is 37.10%, with operating and profit margins of -662.13% and -614.25%.

Gross Margin 37.10%
Operating Margin -662.13%
Pretax Margin -639.67%
Profit Margin -614.25%
EBITDA Margin -642.49%
EBIT Margin -661.12%
FCF Margin -654.17%

Dividends & Yields

OPTT does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -5.18%
Shareholder Yield -5.18%
Earnings Yield -90.24%
FCF Yield -96.10%

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a

Stock Splits

The last stock split was on March 12, 2019. It was a reverse split with a ratio of 1:20.

Last Split Date Mar 12, 2019
Split Type Reverse
Split Ratio 1:20

Scores

OPTT has an Altman Z-Score of -12.63 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -12.63
Piotroski F-Score 2