OCCNasdaqDrawing & Insulating of Nonferrous WireFiscal year ends October 31
OPTICAL CABLE CORP
Financials through Q3 FY2026, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 9, 2026
$13.05+0.14 (+1.08%)
Close on Oct 19, 2026
- Market cap
- $115.29M
- P/E (TTM)
- 45.0
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
30.9%+5.5 pts over 5 years
Operating margin
-0.6%+9.4 pts over 5 years
Net margin
-2.0%+9.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +9.5% | +1.9% | +5.7% | -0.1% | |
| Gross profit | +24.1% | +3.3% | +9.9% | +0.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -6.9% | -33.5% | -7.8% | |
| Return on assets | -4.2% | -16.0% | -3.6% | |
| Current ratio | 6.38 | 4.04 | 1.82 | |
| Debt to equity | 0.28 | 0.34 | – | |
| Net debt to EBITDA | 6.05× | -1.22× | – | |
| Interest coverage | -2.0× | -9.7× | -0.4× | |
| Inventory turnover | 2.7× | 2.3× | 2.6× | |
| Capex to revenue | 1.0% | 0.2% | 0.4% | |
| Diluted shares | 6M | 7M | 8M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Optical Cable generated $6.37M from operations and spent $1.63M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$6.37M
Used
$1.63M
Capital expenditure$1.63M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-2.0%
×Asset turnover1.82×
×Equity multiplier2.15×
=Return on equity, FY2025-7.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -2.0% | 1.82× | 2.15× | -7.8% |
| FY2024 | -6.3% | 1.58× | 1.85× | -18.5% |
| FY2023 | 2.9% | 1.71× | 1.80× | 8.8% |
| FY2022 | -0.5% | 1.76× | 1.77× | -1.6% |
| FY2021 | 11.2% | 1.59× | 1.99× | 35.3% |
| FY2020 | -11.1% | 1.44× | 2.10× | -33.5% |
| FY2019 | -7.9% | 1.71× | 1.73× | -23.6% |
| FY2018 | 1.2% | 2.11× | 1.65× | 4.2% |
| FY2017 | -2.7% | 1.59× | 1.67× | -7.2% |
| FY2016 | -2.8% | 1.51× | 1.67× | -6.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$1.45M
- Cash generatingOperating cash flow above zero$1.41M
- Return on assets improvedROA up on the prior year-9.6% → -3.6%
- Earnings backed by cashOperating cash flow above net income$1.41M vs -$1.45M
- Less leverageLong-term debt to assets fell6.4% → –
- Better liquidityCurrent ratio rose2.02 → 1.82
- No dilutionShare count did not rise8M → 8M
- Gross margin improvedGross margin up on the prior year27.30% → 30.94%
- More efficientAsset turnover rose1.52 → 1.81