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OFLX (Omega Flex) Piotroski F-Score : 7 (As of Jul. 23, 2025)


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What is Omega Flex Piotroski F-Score?

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Omega Flex has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Omega Flex's Piotroski F-Score or its related term are showing as below:

OFLX' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Omega Flex was 8. The lowest was 3. And the median was 6.


Omega Flex Piotroski F-Score Historical Data

The historical data trend for Omega Flex's Piotroski F-Score 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 Piotroski F-Score Chart

Omega Flex Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 6.00 5.00 6.00 5.00

Omega Flex Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Piotroski F-Score 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 5.00 5.00 5.00 5.00 7.00

Competitive Comparison of Omega Flex's Piotroski F-Score

For the Specialty Industrial Machinery subindustry, Omega Flex's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Omega Flex's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Omega Flex's Piotroski F-Score falls into.


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How is the Piotroski F-Score calculated?

* 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.

This Year (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was 4.496 + 4.617 + 4.682 + 3.568 = $17.36 Mil.
Cash Flow from Operations was 4.403 + 3.99 + 9.76 + 1.555 = $19.71 Mil.
Revenue was 24.62 + 24.88 + 26.965 + 23.33 = $99.80 Mil.
Gross Profit was 15.222 + 15.35 + 16.592 + 14.072 = $61.24 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was
(99.21 + 99.623 + 102.87 + 105.891 + 102.754) / 5 = $102.0696 Mil.
Total Assets at the begining of this year (Mar24) was $99.21 Mil.
Long-Term Debt & Capital Lease Obligation was $4.44 Mil.
Total Current Assets was $80.52 Mil.
Total Current Liabilities was $14.37 Mil.
Net Income was 4.556 + 5.576 + 4.889 + 4.219 = $19.24 Mil.

Revenue was 25.835 + 27.496 + 28.147 + 25.216 = $106.69 Mil.
Gross Profit was 15.8 + 16.947 + 16.99 + 15.099 = $64.84 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was
(94.282 + 94.376 + 95.592 + 100.234 + 99.21) / 5 = $96.7388 Mil.
Total Assets at the begining of last year (Mar23) was $94.28 Mil.
Long-Term Debt & Capital Lease Obligation was $4.30 Mil.
Total Current Assets was $77.52 Mil.
Total Current Liabilities was $14.44 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Omega Flex's current Net Income (TTM) was 17.36. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Omega Flex's current Cash Flow from Operations (TTM) was 19.71. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar24)
=17.363/99.21
=0.1750126

ROA (Last Year)=Net Income/Total Assets (Mar23)
=19.24/94.282
=0.20406865

Omega Flex's return on assets of this year was 0.1750126. Omega Flex's return on assets of last year was 0.20406865. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Omega Flex's current Net Income (TTM) was 17.36. Omega Flex's current Cash Flow from Operations (TTM) was 19.71. ==> 19.71 > 17.36 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=4.444/102.0696
=0.04353892

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=4.297/96.7388
=0.04441858

Omega Flex's gearing of this year was 0.04353892. Omega Flex's gearing of last year was 0.04441858. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar25)=Total Current Assets/Total Current Liabilities
=80.52/14.372
=5.60256053

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=77.519/14.44
=5.3683518

Omega Flex's current ratio of this year was 5.60256053. Omega Flex's current ratio of last year was 5.3683518. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Omega Flex's number of shares in issue this year was 10.094. Omega Flex's number of shares in issue last year was 10.094. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=61.236/99.795
=0.61361792

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=64.836/106.694
=0.60768178

Omega Flex's gross margin of this year was 0.61361792. Omega Flex's gross margin of last year was 0.60768178. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar24)
=99.795/99.21
=1.00589658

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=106.694/94.282
=1.13164761

Omega Flex's asset turnover of this year was 1.00589658. Omega Flex's asset turnover of last year was 1.13164761. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+1+1+1+1+0
=7

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Omega Flex has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Omega Flex  (NAS:OFLX) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Omega Flex Piotroski F-Score Related Terms

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Omega Flex Business Description

Traded in Other Exchanges
N/A
Address
451 Creamery Way, Exton, PA, USA, 19341
Omega Flex Inc is a manufacturer of flexible metal hoses, which is used in a variety of ways to carry gases and liquids within their particular applications. Omega sells its products under the TracPipe, CounterStrike, DoubleTrac, DEF-Trac and MediTrac brands. It serves various markets which include construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. Geographically Omega Flex, Inc operates in the United States. The company derives revenues from the manufacture and sale of flexible metal hose and accessories.
Executives
Edwin B. Moran officer: Executive Vice President 451 CREAMERY WAY, EXTON PA 19341
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
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