Omega Flex Inc (OFLX) - Net Assets
Based on the latest financial reports, Omega Flex Inc (OFLX) has net assets worth $82.61 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($101.31 Million) and total liabilities ($18.69 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Omega Flex Inc total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $82.61 Million |
| % of Total Assets | 81.55% |
| Annual Growth Rate | 6.71% |
| 5-Year Change | 38.76% |
| 10-Year Change | 82.38% |
| Growth Volatility | 21.12 |
Omega Flex Inc - Net Assets Trend (2001–2025)
This chart illustrates how Omega Flex Inc's net assets have evolved over time, based on quarterly financial data. Check Omega Flex Inc (OFLX) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Omega Flex Inc (2001–2025)
The table below shows the annual net assets of Omega Flex Inc from 2001 to 2025. For live valuation and market cap data, see Omega Flex Inc (OFLX) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $84.01 Million | +0.99% |
| 2024-12-31 | $83.18 Million | +5.49% |
| 2023-12-31 | $78.85 Million | +10.79% |
| 2022-12-31 | $71.17 Million | +17.56% |
| 2021-12-31 | $60.54 Million | +30.54% |
| 2020-12-31 | $46.38 Million | +23.42% |
| 2019-12-31 | $37.58 Million | -43.34% |
| 2018-12-31 | $66.32 Million | +18.28% |
| 2017-12-31 | $56.07 Million | +21.73% |
| 2016-12-31 | $46.06 Million | +11.92% |
| 2015-12-31 | $41.15 Million | +21.15% |
| 2014-12-31 | $33.97 Million | +32.53% |
| 2013-12-31 | $25.63 Million | +29.83% |
| 2012-12-31 | $19.74 Million | -13.85% |
| 2011-12-31 | $22.92 Million | +25.46% |
| 2010-12-31 | $18.27 Million | +32.30% |
| 2009-12-31 | $13.81 Million | -53.02% |
| 2008-12-31 | $29.38 Million | +2.50% |
| 2007-12-31 | $28.67 Million | +3.49% |
| 2006-12-31 | $27.70 Million | +6.51% |
| 2005-12-31 | $26.01 Million | +8.35% |
| 2004-12-31 | $24.00 Million | -6.30% |
| 2003-12-31 | $25.62 Million | +20.69% |
| 2002-12-31 | $21.23 Million | +20.16% |
| 2001-12-31 | $17.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Omega Flex Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 7397900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $73.98 Million | 87.88% |
| Common Stock | $102.00K | 0.12% |
| Other Comprehensive Income | $-933.00K | -1.11% |
| Other Components | $11.04 Million | 13.11% |
| Total Equity | $84.19 Million | 100.00% |
Omega Flex Inc Competitors by Market Cap
The table below lists competitors of Omega Flex Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Global Indemnity Group, LLC Class A Common Stock
NASDAQ:GBLI
|
$297.43 Million |
|
SOLiD Inc
KQ:050890
|
$297.43 Million |
|
SiS Distribution (Thailand) Public Company Limited
BK:SIS
|
$297.44 Million |
|
Yem Chio Co Ltd
TW:4306
|
$297.47 Million |
|
Shandong Zhangqiu Blower Co Ltd
SHE:002598
|
$297.27 Million |
|
Sinocat Environmental Technology Co Ltd
SHG:688737
|
$297.26 Million |
|
Elnusa Tbk
JK:ELSA
|
$297.23 Million |
|
Youngtek Electronics
TWO:6261
|
$297.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Omega Flex Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 83,114,000 to 84,186,000, a change of 1,072,000 (1.3%).
- Net income of 14,827,000 contributed positively to equity growth.
- Dividend payments of 13,729,000 reduced retained earnings.
- Other comprehensive income decreased equity by 41,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $14.83 Million | +17.61% |
| Dividends Paid | $13.73 Million | -16.31% |
| Other Comprehensive Income | $-41.00K | -0.05% |
| Other Changes | $15.00K | +0.02% |
| Total Change | $- | 1.29% |
Book Value vs Market Value Analysis
This analysis compares Omega Flex Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.53x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 17.15x to 3.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $1.72 | $29.46 | x |
| 2002-12-31 | $2.09 | $29.46 | x |
| 2003-12-31 | $2.54 | $29.46 | x |
| 2004-12-31 | $2.36 | $29.46 | x |
| 2005-12-31 | $2.56 | $29.46 | x |
| 2006-12-31 | $2.72 | $29.46 | x |
| 2007-12-31 | $2.81 | $29.46 | x |
| 2008-12-31 | $2.90 | $29.46 | x |
| 2009-12-31 | $1.35 | $29.46 | x |
| 2010-12-31 | $1.80 | $29.46 | x |
| 2011-12-31 | $2.26 | $29.46 | x |
| 2012-12-31 | $1.95 | $29.46 | x |
| 2013-12-31 | $2.53 | $29.46 | x |
| 2014-12-31 | $3.35 | $29.46 | x |
| 2015-12-31 | $4.05 | $29.46 | x |
| 2016-12-31 | $4.53 | $29.46 | x |
| 2017-12-31 | $5.50 | $29.46 | x |
| 2018-12-31 | $6.55 | $29.46 | x |
| 2019-12-31 | $3.70 | $29.46 | x |
| 2020-12-31 | $4.57 | $29.46 | x |
| 2021-12-31 | $5.98 | $29.46 | x |
| 2022-12-31 | $7.03 | $29.46 | x |
| 2023-12-31 | $7.80 | $29.46 | x |
| 2024-12-31 | $8.23 | $29.46 | x |
| 2025-12-31 | $8.34 | $29.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Omega Flex Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.61%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.08%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 1.25x
- Recent ROE (17.61%) is below the historical average (29.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 13.97% | 8.03% | 1.34x | 1.29x | $701.40K |
| 2002 | 16.79% | 10.17% | 1.22x | 1.35x | $1.44 Million |
| 2003 | 15.76% | 10.89% | 1.08x | 1.34x | $1.48 Million |
| 2004 | 25.01% | 12.46% | 1.19x | 1.69x | $3.60 Million |
| 2005 | 28.77% | 11.39% | 1.57x | 1.61x | $4.88 Million |
| 2006 | 18.68% | 7.02% | 1.40x | 1.90x | $2.40 Million |
| 2007 | 30.42% | 11.65% | 1.50x | 1.74x | $5.83 Million |
| 2008 | 25.24% | 11.63% | 1.63x | 1.33x | $4.46 Million |
| 2009 | 32.07% | 9.93% | 1.49x | 2.16x | $3.02 Million |
| 2010 | 25.17% | 9.74% | 1.73x | 1.49x | $2.75 Million |
| 2011 | 20.38% | 8.57% | 1.72x | 1.38x | $2.37 Million |
| 2012 | 34.94% | 10.74% | 1.96x | 1.66x | $4.91 Million |
| 2013 | 39.35% | 13.01% | 1.92x | 1.57x | $7.49 Million |
| 2014 | 39.76% | 15.80% | 1.55x | 1.63x | $10.08 Million |
| 2015 | 38.62% | 16.93% | 1.41x | 1.62x | $11.70 Million |
| 2016 | 31.47% | 15.29% | 1.33x | 1.54x | $9.81 Million |
| 2017 | 28.24% | 15.39% | 1.32x | 1.39x | $10.12 Million |
| 2018 | 30.48% | 18.59% | 1.25x | 1.31x | $13.53 Million |
| 2019 | 46.24% | 15.52% | 1.83x | 1.63x | $13.55 Million |
| 2020 | 43.17% | 18.82% | 1.48x | 1.55x | $15.30 Million |
| 2021 | 43.40% | 20.15% | 1.46x | 1.47x | $20.16 Million |
| 2022 | 33.28% | 18.82% | 1.28x | 1.38x | $16.52 Million |
| 2023 | 26.39% | 18.63% | 1.11x | 1.27x | $12.89 Million |
| 2024 | 21.67% | 17.72% | 0.96x | 1.27x | $9.70 Million |
| 2025 | 17.61% | 15.08% | 0.94x | 1.25x | $6.41 Million |
Industry Comparison
This section compares Omega Flex Inc's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $596,986,352
- Average return on equity (ROE) among peers: 9.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Omega Flex Inc (OFLX) | $82.61 Million | 13.97% | 0.23x | $297.38 Million |
| Ametek Inc (AME) | $219.70 Million | 15.89% | 0.82x | $53.06 Billion |
| American Superconductor Corporation (AMSC) | $555.45 Million | 24.09% | 0.35x | $1.40 Billion |
| Smith AO Corporation (AOS) | $312.75 Million | 18.34% | 1.71x | $6.82 Billion |
| ATS Corporation (ATS) | $568.45 Million | 8.45% | 0.47x | $2.64 Billion |
| Babcock & Wilcox Enterprises Inc (BW) | $561.00 Million | -20.61% | 1.73x | $1.39 Billion |
| Broadwind Energy Inc (BWEN) | $124.54 Million | -2.70% | 0.65x | $50.81 Million |
| Clean Energy Technologies, Inc. Common Stock (CETY) | $-5.25 Million | 0.00% | 0.00x | $10.34 Million |
| Cummins Inc (CMI) | $3.06 Billion | 23.40% | 1.44x | $87.51 Billion |
| Crane Company (CR) | $300.50 Million | 14.98% | 1.10x | $10.47 Billion |
| CSW Industrials, Inc. (CSW) | $276.74 Million | 16.52% | 0.33x | $4.86 Billion |
About Omega Flex Inc
Omega Flex, Inc. manufactures and sells flexible metal hoses, fittings, and accessories in the United States, Canada, and internationally. It offers flexible gas piping for use in residential and commercial buildings; fittings; containment pining; and corrugated copper tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilitie… Read more