OCC (Optical Cable) Operating Income: $1.93 Mil (TTM As of Apr. 2026)


OCC Optical Cable Corp OCC
46 GF Score
Price $15.80
GF Value $3.21
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Optical Cable Operating Income?

Optical Cable OCC -3.66% 46 Operating Income is $1.93 Mil as of Apr. 2026. GuruFocus rates OCC with a GF Score™ of 46/100 and a GF Value™ of $3.21 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Optical Cable's Operating Income for the three months ended in Apr. 2026 was $1.30 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was $1.93 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Optical Cable's Operating Income for the three months ended in Apr. 2026 was $1.30 Mil. Optical Cable's Revenue for the three months ended in Apr. 2026 was $22.21 Mil. Therefore, Optical Cable's Operating Margin % for the quarter that ended in Apr. 2026 was 5.87%.

Optical Cable's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Optical Cable's annualized ROC % for the quarter that ended in Apr. 2026 was 16.39%. Optical Cable's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 17.90%.


Optical Cable  (NAS:OCC) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Optical Cable's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=5.216 * ( 1 - 0.38% )/( (29.583 + 33.809)/ 2 )
=5.1961792/31.696
=16.39 %

where

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Optical Cable's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5.176/( ( (6.585 + max(20.394, 0)) + (6.539 + max(24.318, 0)) )/ 2 )
=5.176/( ( 26.979 + 30.857 )/ 2 )
=5.176/28.918
=17.90 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.079 + 20.894 + 0.486) - (9.066 + 0 + -0.0010000000000012)
=20.394

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.078 + 21.271 + 0.425) - (8.456 + 0 + 1.7763568394003E-15)
=24.318

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Optical Cable's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=1.304/22.214
=5.87 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Optical Cable Operating Income Related Terms


Optical Cable Operating Income Historical Data

* Premium members only.

The historical data trend for Optical Cable's Operating Income 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 Operating Income Chart

Optical Cable Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.97 0.47 0.99 -3.38 -0.45

Optical Cable Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Operating Income 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 -0.43 0.56 0.27 -0.21 1.30
OCC
46GF Score
Optical Cable Corp OCC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Optical Cable Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.93 Mil.

* 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $1.93 Mil mean?
Optical Cable (OCC) has a Operating Income of $1.93 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Optical Cable and its competitors.
Is Optical Cable's Operating Income too high?
Optical Cable's current Operating Income is $1.93 Mil. 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 Operating Income compare to INSG and AMPG?
Optical Cable's Operating Income of $1.93 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Hardware company?
A good Operating Income depends on the Hardware industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Optical Cable and its competitors. Optical Cable's current Operating Income is $1.93 Mil. 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 $3.21, compared to a current price of $15.80 — trading 392.2% above its estimated fair value. The current Operating Income is $1.93 Mil. Optical Cable's overall GF Score™ is 46/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Optical Cable (OCC), the current Operating Income is $1.93 Mil as of Apr. 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 $15.80 is trading 392.2% above its estimated GF Value™ of $3.21. GuruFocus considers Optical Cable to be Significantly Overvalued.

Key valuation signals for OCC:

  • Operating Income: $1.93 Mil
  • GF Value™: $3.21 vs. price of $15.80 (392.2% above fair value)
  • GF Score™: 46/100 with 2 warning signs

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

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

$15.80
Price
$3.21
GF Value