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Omega Flex (Omega Flex) Price-to-Owner-Earnings : 31.99 (As of Apr. 28, 2024)


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What is Omega Flex Price-to-Owner-Earnings?

As of today (2024-04-28), Omega Flex's share price is $66.85. Omega Flex's Owner Earnings per Share (TTM) ended in Dec. 2023 was $2.09. It's Price-to-Owner-Earnings for today is 31.99.


The historical rank and industry rank for Omega Flex's Price-to-Owner-Earnings or its related term are showing as below:

OFLX' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 14.55   Med: 43.34   Max: 123.53
Current: 31.94

During the past 13 years, the highest Price-to-Owner-Earnings of Omega Flex was 123.53. The lowest was 14.55. And the median was 43.34.


OFLX's Price-to-Owner-Earnings is ranked worse than
62.24% of 1372 companies
in the Industrial Products industry
Industry Median: 23.105 vs OFLX: 31.94

As of today (2024-04-28), Omega Flex's share price is $66.85. Omega Flex's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.06. Therefore, Omega Flex's PE Ratio for today is 32.45.

As of today (2024-04-28), Omega Flex's share price is $66.85. Omega Flex's EPS without NRI for the trailing twelve months (TTM) ended in was $2.06. Therefore, Omega Flex's PE Ratio without NRI for today is 32.45.

During the past 13 years, Omega Flex's highest PE Ratio without NRI was 96.78. The lowest was 15.72. And the median was 38.00.


Omega Flex Price-to-Owner-Earnings Historical Data

The historical data trend for Omega Flex's Price-to-Owner-Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Omega Flex Price-to-Owner-Earnings Chart

Omega Flex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.86 87.90 56.25 65.95 33.69

Omega Flex Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Owner-Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.95 58.41 45.98 40.33 33.69

Competitive Comparison of Omega Flex's Price-to-Owner-Earnings

For the Specialty Industrial Machinery subindustry, Omega Flex's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Omega Flex's Price-to-Owner-Earnings Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Omega Flex's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Omega Flex's Price-to-Owner-Earnings falls into.



Omega Flex Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Omega Flex's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=66.85/2.09
=31.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Omega Flex  (NAS:OFLX) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Omega Flex Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Omega Flex's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Omega Flex (Omega Flex) Business Description

Traded in Other Exchanges
N/A
Address
451 Creamery Way, Exton, PA, USA, 19341-2509
Omega Flex Inc is a manufacturer of flexible metal hoses. It operates in the segment of manufacture and sale of flexible metal hose and accessories which are used for gas piping within residential and commercial buildings. Omega sells its products under the TracPipe, CounterStrike, DoubleTrac, AutoFlare, DEF-Trac, SolarTrac, and AutoSnap brands. It serves various markets which include construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. Geographically Omega Flex, Inc operates in the United States.
Executives
Susan B. Asch officer: General Counsel & Secretary 451 CREAMERY WAY, EXTON PA 19341
Matthew Francis Unger officer: Vice President - CFO C/O OMEGA FLEX, INC., 451 CREAMERY WAY, EXTON PA 19341
Dean W. Rivest officer: President 451 CREAMERY WAY, EXTON PA 19341
Edwin B. Moran officer: Executive Vice President 451 CREAMERY WAY, EXTON PA 19341
Timothy P. Scanlan officer: Secretary 213 COURT STREET, MIDDLETOWN CT 06457
Mark F Albino director, officer: COO & Exec VP 451 CREAMERY WAY, EXTON PA 19341
Stewart B Reed director 260 NORTH ELM STREET, WESTFIELD MA 01085
Kevin R Hoben director, 10 percent owner, officer: President 451 CREAMERY WAY, EXTON PA 19341
Derek Glanvill director 10088 CARTERS MANOR DRIVE, LADUE MO 63124
Omega Flex, Inc. officer: Sr. Vice President 451 CREAMERY WAY, EXTON PA 19341
James M Dubin director ONE MADISON PLACE, HARRISON NY 10528
Paul James Kane officer: VP - Finance 1085 NICOLE DRIVE, NEWTOWN SQUARE PA 19073
Steven A Treichel director 451 CREAMERY WAY, EXTON PA 19341
Reed Estate Of John E 10 percent owner 260 NORTH ELM STREET, WESTFIELD MA 01085
David K Evans director 517 PYLON DRIVE, RALEIGH NC 27606

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