(OESX) Orion Energy Systems - Overview
Stock: LED Lighting, Maintenance, EV Charging
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 79.6% |
| Relative Tail Risk | -17.9% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.01 |
| Alpha | 65.87 |
| Character TTM | |
|---|---|
| Beta | 0.267 |
| Beta Downside | -0.086 |
| Drawdowns 3y | |
|---|---|
| Max DD | 73.69% |
| CAGR/Max DD | -0.12 |
Description: OESX Orion Energy Systems January 25, 2026
Orion Energy Systems, Inc. (NASDAQ: OESX) designs, manufactures and installs LED-based lighting and energy-management solutions for commercial, industrial and government customers in North America and Germany. The business is organized into three segments-Lighting, Maintenance, and Electric-Vehicle (EV) charging-offering products such as high-bay LEDs, smart IoT-enabled controls, retrofits, and full-service installation and maintenance contracts.
In its most recent filing (Q4 2023 earnings released March 2024), Orion reported total revenue of $78.2 million, a 12% year-over-year increase driven primarily by a 21% jump in Lighting sales and a 15% rise in EV-charging installations. The Maintenance segment contributed a stable 28% of revenue, while operating margin expanded to 6.4% from 5.1% a year earlier, reflecting improved pricing power and lower component costs.
Key external drivers support Orion’s growth outlook: the global LED lighting market is projected to expand at a ~10% CAGR through 2029, while U.S. federal and state stimulus programs continue to fund energy-efficiency retrofits. Additionally, the U.S. EV-charging infrastructure market is expected to reach $30 billion by 2027, with commercial-fleet adoption accelerating-a trend that directly benefits Orion’s EV segment.
For a deeper quantitative comparison of OESX’s valuation metrics, you may find ValueRay’s analyst toolkit useful.
Piotroski VR‑10 (Strict, 0-10) 1.5
| Net Income: -6.24m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA 2.43 > 1.0 |
| NWC/Revenue: 10.1k% < 20% (prev 14.29%; Δ 10.1k% < -1%) |
| CFO/TA 0.00 > 3% & CFO 4.37m > Net Income -6.24m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.34 > 1.5 & < 3 |
| Outstanding Shares: last quarter (3.42m) vs 12m ago 4.05% < -2% |
| Gross Margin: 29.48% > 18% (prev 0.24%; Δ 2924 % > 0.5%) |
| Asset Turnover: 0.33% > 50% (prev 162.9%; Δ -162.5% > 0%) |
| Interest Coverage Ratio: -4.63 > 6 (EBITDA TTM -3.01m / Interest Expense TTM 1.13m) |
Altman Z'' -11.21
| A: 0.17 (Total Current Assets 32.01b - Total Current Liabilities 23.95b) / Total Assets 47.90b |
| B: -2.44 (Retained Earnings -116.72b / Total Assets 47.90b) |
| C: -0.00 (EBIT TTM -5.24m / Avg Total Assets 23.98b) |
| D: -4.16 (Book Value of Equity -151.97b / Total Liabilities 36.52b) |
| Altman-Z'' Score: -11.21 = D |
Beneish M 1.00
| DSRI: 748.8 (Receivables 11.51b/17.6m, Revenue 79.9m/91.6m) |
| GMI: 0.81 (GM 29.48% / 23.94%) |
| AQI: 1.24 (AQ_t 0.17 / AQ_t-1 0.14) |
| SGI: 0.87 (Revenue 79.9m / 91.6m) |
| TATA: -0.00 (NI -6.24m - CFO 4.37m) / TA 47.90b) |
| Beneish M-Score: 612.3 (Cap -4..+1) = D |
What is the price of OESX shares?
Over the past week, the price has changed by -7.65%, over one month by -21.79%, over three months by +41.56% and over the past year by +71.88%.
Is OESX a buy, sell or hold?
- StrongBuy: 1
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the OESX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 18 | 28.6% |
| Analysts Target Price | 18 | 28.6% |
| ValueRay Target Price | 14.4 | 2.9% |
OESX Fundamental Data Overview February 04, 2026
P/S = 0.6589
P/B = 4.6998
P/EG = -0.11
Revenue TTM = 79.9m USD
EBIT TTM = -5.24m USD
EBITDA TTM = -3.01m USD
Long Term Debt = 9.25m USD (from longTermDebt, last quarter)
Short Term Debt = 653.0k USD (from shortLongTermDebt, last quarter)
Debt = 10.3m USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -5.16b USD (from netDebt column, last quarter)
Enterprise Value = 57.8m USD (52.7m + Debt 10.3m - CCE 5.16m)
Interest Coverage Ratio = -4.63 (Ebit TTM -5.24m / Interest Expense TTM 1.13m)
EV/FCF = 14.52x (Enterprise Value 57.8m / FCF TTM 3.98m)
FCF Yield = 6.89% (FCF TTM 3.98m / Enterprise Value 57.8m)
FCF Margin = 4.98% (FCF TTM 3.98m / Revenue TTM 79.9m)
Net Margin = -7.81% (Net Income TTM -6.24m / Revenue TTM 79.9m)
Gross Margin = 29.48% ((Revenue TTM 79.9m - Cost of Revenue TTM 56.4m) / Revenue TTM)
Gross Margin QoQ = 31.01% (prev 30.15%)
Tobins Q-Ratio = 0.00 (Enterprise Value 57.8m / Total Assets 47.90b)
Interest Expense / Debt = 3.20% (Interest Expense 330.0k / Debt 10.3m)
Taxrate = 21.0% (US default 21%)
NOPAT = -4.14m (EBIT -5.24m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.34 (Total Current Assets 32.01b / Total Current Liabilities 23.95b)
Debt / Equity = 0.00 (Debt 10.3m / totalStockholderEquity, last quarter 11.38b)
Debt / EBITDA = 1712 (out of range, set to none) (Net Debt -5.16b / EBITDA -3.01m)
Debt / FCF = -1294 (out of range, set to none) (Net Debt -5.16b / FCF TTM 3.98m)
Total Stockholder Equity = 2.85b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.03% (Net Income -6.24m / Total Assets 47.90b)
RoE = -0.22% (Net Income TTM -6.24m / Total Stockholder Equity 2.85b)
RoCE = -0.18% (EBIT -5.24m / Capital Employed (Equity 2.85b + L.T.Debt 9.25m))
RoIC = -18.79% (negative operating profit) (NOPAT -4.14m / Invested Capital 22.0m)
WACC = 6.18% (E(52.7m)/V(63.0m) * Re(6.90%) + D(10.3m)/V(63.0m) * Rd(3.20%) * (1-Tc(0.21)))
Discount Rate = 6.90% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 2.47%
[DCF Debug] Terminal Value 79.27% ; FCFF base≈3.98m ; Y1≈2.61m ; Y5≈1.19m
Fair Price DCF = 1470 (EV 34.9m - Net Debt -5.16b = Equity 5.19b / Shares 3.53m; r=6.18% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: 11.27 | EPS CAGR: -7.81% | SUE: -1.56 | # QB: 0
Revenue Correlation: -19.96 | Revenue CAGR: -10.91% | SUE: -0.16 | # QB: 0
EPS next Year (2027-03-31): EPS=0.34 | Chg30d=+0.040 | Revisions Net=-1 | Growth EPS=+225.9% | Growth Revenue=+13.4%