NYSEMKT: OPTTOcean Power Technologies Inc Stock
$0.20-0.01 (-4.76%)
Updated Apr 18, 2024
OPTT Price
$0.20
Fair Value Price
N/A
Market Cap
$11.60M
52 Week Low
$0.18
52 Week High
$0.77
P/E
-0.38x
P/B
0.46x
P/S
3.6x
PEG
N/A
Dividend Yield
N/A
Revenue
$4.93M
Earnings
-$30.30M
Gross Margin
37.1%
Operating Margin
-661.12%
Profit Margin
-614.3%
Debt to Equity
0.37
Operating Cash Flow
-$30M
Beta
0.91
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A
OPTT Overview
Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North and South America, Europe, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in remote offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and payloads, integration services, and marine installation services. In addition, it offers electric power and real-time data communications for remote offshore and subsea applications in markets, such as offshore oil and gas, defense and security, science and research, and communications. The company serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was founded in 1984 and is headquartered in Monroe Township, New Jersey.
Zen Score
–
Industry Average (28)
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Due Diligence Checks
OPTT is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
OPTT is good value based on its book value relative to its share price (0.46x), compared to the US Electrical Equipment & Parts industry average (3.99x)
P/B vs Industry Valuation
OPTT is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
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OPTT News
Valuation
OPTT price to earnings (PE)
For valuing profitable companies with steady earnings
Company
-0.38x
Industry
30.18x
Market
41.33x
OPTT price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
0.46x
Industry
3.99x
OPTT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
OPTT's financial health
Profit margin
Revenue
$1.8M
Net Income
-$6.5M
Profit Margin
-363.2%
OPTT's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
OPTT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$34.6M
Liabilities
$9.3M
Debt to equity
0.37
OPTT's short-term assets ($17.54M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
OPTT's short-term assets ($17.54M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
OPTT's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
OPTT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
-$9.2M
Investing
$10.6M
Financing
-$11.0k
OPTT's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials
OPTT vs Electrical Equipment & Part Stocks
Ocean Power Technologies Stock FAQ
Company
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.