OCC (Optical Cable) Piotroski F-Score: 6 (As of Jun. 25, 2026) — 50% Above Median


OCC Optical Cable Corp OCC
46 GF Score
Price $18.81
GF Value $3.22
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Optical Cable Piotroski F-Score?

Optical Cable OCC -4.95% 46 Piotroski F-Score is 6 as of Jun. 25, 2026, which is 50% above its 10-year median of 4.00. GuruFocus rates OCC with a GF Score™ of 46/100 and a GF Value™ of $3.22 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,425 Hardware companies, Optical Cable ranks better than 77.81% on this metric.

The zones of discrimination were as such:

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

Optical Cable has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

OCC' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of Optical Cable was 7. The lowest was 2. And the median was 4.

Optical Cable  (NAS:OCC) 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.


Optical Cable Piotroski F-Score Related Terms


Optical Cable Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Optical Cable'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.

Optical Cable Piotroski F-Score Chart

Optical Cable Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 3.00 4.00 2.00 6.00

Optical Cable Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 6.00 5.00 6.00 5.00 6.00

OCC vs AMPG, WATT, AIRG: Piotroski F-Score Comparison

For the Communication Equipment subindustry, Optical Cable'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.


Optical Cable Piotroski F-Score vs Hardware Industry

For the Hardware industry and Technology sector, Optical Cable's Piotroski F-Score distribution charts can be found below:

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


OCC
46GF Score
Optical Cable Corp OCC
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 (Apr26) TTM:Last Year (Apr25) TTM:
Net Income was 0.302 + 0.049 + -0.398 + 1.055 = $1.01 Mil.
Cash Flow from Operations was -2.199 + 0.797 + 1.167 + -2.525 = $-2.76 Mil.
Revenue was 19.917 + 19.829 + 16.431 + 22.214 = $78.39 Mil.
Gross Profit was 6.319 + 6.318 + 5.37 + 7.594 = $25.60 Mil.
Average Total Assets from the begining of this year (Apr25)
to the end of this year (Apr26) was
(39.073 + 40.168 + 40.06 + 38.775 + 42.411) / 5 = $40.0974 Mil.
Total Assets at the begining of this year (Apr25) was $39.07 Mil.
Long-Term Debt & Capital Lease Obligation was $2.59 Mil.
Total Current Assets was $32.95 Mil.
Total Current Liabilities was $15.85 Mil.
Net Income was -1.557 + 0.373 + -1.107 + -0.698 = $-2.99 Mil.

Revenue was 16.222 + 19.486 + 15.743 + 17.55 = $69.00 Mil.
Gross Profit was 3.92 + 6.532 + 4.627 + 5.334 = $20.41 Mil.
Average Total Assets from the begining of last year (Apr24)
to the end of last year (Apr25) was
(39.885 + 37.599 + 40.358 + 37.817 + 39.073) / 5 = $38.9464 Mil.
Total Assets at the begining of last year (Apr24) was $39.89 Mil.
Long-Term Debt & Capital Lease Obligation was $2.54 Mil.
Total Current Assets was $29.59 Mil.
Total Current Liabilities was $15.68 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.

Optical Cable's current Net Income (TTM) was 1.01. ==> 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.

Optical Cable's current Cash Flow from Operations (TTM) was -2.76. ==> Negative ==> Score 0.

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 (Apr25)
=1.008/39.073
=0.02579787

ROA (Last Year)=Net Income/Total Assets (Apr24)
=-2.989/39.885
=-0.07494045

Optical Cable's return on assets of this year was 0.02579787. Optical Cable's return on assets of last year was -0.07494045. ==> This year is higher. ==> Score 1.

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.

Optical Cable's current Net Income (TTM) was 1.01. Optical Cable's current Cash Flow from Operations (TTM) was -2.76. ==> -2.76 <= 1.01 ==> CFROA <= ROA ==> Score 0.

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: Apr26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr25 to Apr26
=2.59/40.0974
=0.06459272

Gearing (Last Year: Apr25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr24 to Apr25
=2.541/38.9464
=0.06524351

Optical Cable's gearing of this year was 0.06459272. Optical Cable's gearing of last year was 0.06524351. ==> 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: Apr26)=Total Current Assets/Total Current Liabilities
=32.949/15.848
=2.0790636

Current Ratio (Last Year: Apr25)=Total Current Assets/Total Current Liabilities
=29.593/15.675
=1.88791069

Optical Cable's current ratio of this year was 2.0790636. Optical Cable's current ratio of last year was 1.88791069. ==> 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.

Optical Cable's number of shares in issue this year was 8.832. Optical Cable's number of shares in issue last year was 7.798. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=25.601/78.391
=0.32658086

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=20.413/69.001
=0.29583629

Optical Cable's gross margin of this year was 0.32658086. Optical Cable's gross margin of last year was 0.29583629. ==> 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 (Apr25)
=78.391/39.073
=2.00627031

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr24)
=69.001/39.885
=1.72999875

Optical Cable's asset turnover of this year was 2.00627031. Optical Cable's asset turnover of last year was 1.72999875. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

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

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

Optical Cable has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Optical Cable (OCC) has a Piotroski F-Score of 6 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Optical Cable and its competitors. This is 50% above median its historical median of 4.00. Over the past decade, Optical Cable's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Optical Cable ranks #538 out of 2425 companies in the Hardware industry, placing it in the top 22.2%.
Is Optical Cable's Piotroski F-Score too high?
Optical Cable's current Piotroski F-Score of 6 is 50% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Hardware industry median Piotroski F-Score is 5.00. Optical Cable's value of 6 is 20% above this industry median. Based on the distribution chart, Optical Cable ranks #538 out of 2425 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Optical Cable has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Optical Cable's Piotroski F-Score compare to AMPG and WATT?
According to the Hardware industry distribution chart, Optical Cable ranks #538 out of 2425 companies for Piotroski F-Score. This places Optical Cable in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Optical Cable's value of 6 is 20% above this benchmark. Historically, Optical Cable's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Optical Cable has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,425 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Optical Cable's current Piotroski F-Score of 6 is 20% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Optical Cable and its competitors. For the Hardware industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Optical Cable's current Piotroski F-Score is 6, which is 50% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optical Cable stock overvalued right now?
Based on GuruFocus' analysis, Optical Cable (OCC) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.22, compared to a current price of $18.81 — trading 484.2% above its estimated fair value. The current Piotroski F-Score is 6, which is 50% above median its 10-year median of 4.00 and 20% above the Hardware industry median of 5.00. Optical Cable's overall GF Score™ is 46/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Optical Cable (OCC), the current Piotroski F-Score is 6 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Optical Cable (OCC) Overvalued in 2026?

Based on GuruFocus' analysis, Optical Cable stock appears to be overvalued. The current stock price of $18.81 is trading 484.2% above its estimated GF Value™ of $3.22. GuruFocus considers Optical Cable to be Significantly Overvalued.

Key valuation signals for OCC:

  • Piotroski F-Score: 6 (50% above median its 10-year median of 4.00)
  • GF Value™: $3.22 vs. price of $18.81 (484.2% above fair value)
  • GF Score™: 46/100 with 1 warning sign
  • Industry Position: 20% above the Hardware median (#538 of 2425)

No single metric tells the full story. See the OCC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Optical Cable Business Description

Other Exchanges OCC:Germany
Address 5290 Concourse Drive, Roanoke, VA, USA, 24019
Optical Cable Corp manufactures a broad range of fiber optic and copper data communication cabling and connectivity solutions for the enterprise, wireless carrier, and specialty markets. The Company offers high quality products that operate as a system solution or integrate with other components, including fiber, copper, hybrid cabling, cabinets, racks, enclosures, and deployable solutions for enterprise networks, data centers, residential, campus, Passive Optical LAN installations, and customized applications in military, industrial, mining, petrochemical, renewable energy, and broadcast industries. It operates a single reportable segment covering the design, development, manufacture, and marketing of its cabling and connectivity solutions.
46GF Score

Get the complete analysis for OCC

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.81
Price
$3.22
GF Value