Opt-Sciences Corp
OPT-Sciences Corporation provides anti-glare solutions to the aerospace industry. It offers anti-glare optical coatings and panels for LCDs; LCD glass heaters; and EMI shielded glasses. The company was founded in 1950 and is headquartered in Cinnaminson, New Jersey.
Opt-Sciences Corp (OPST) - Net Assets
Latest net assets as of July 2015: $15.25 Million USD
Based on the latest financial reports, Opt-Sciences Corp (OPST) has net assets worth $15.25 Million USD as of July 2015.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.92 Million) and total liabilities ($669.15K). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $15.25 Million |
| % of Total Assets | 95.8% |
| Annual Growth Rate | 5.64% |
| 5-Year Change | 32.34% |
| 10-Year Change | 79.93% |
| Growth Volatility | 2.99 |
Opt-Sciences Corp - Net Assets Trend (2000–2014)
This chart illustrates how Opt-Sciences Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Opt-Sciences Corp (2000–2014)
The table below shows the annual net assets of Opt-Sciences Corp from 2000 to 2014.
| Year | Net Assets | Change |
|---|---|---|
| 2014-10-31 | $14.17 Million | +8.52% |
| 2013-10-31 | $13.06 Million | +3.30% |
| 2012-10-31 | $12.64 Million | +10.06% |
| 2011-10-31 | $11.49 Million | +7.26% |
| 2010-10-31 | $10.71 Million | +4.83% |
| 2009-10-31 | $10.22 Million | +4.16% |
| 2008-10-31 | $9.81 Million | +7.01% |
| 2007-10-31 | $9.16 Million | +10.12% |
| 2006-10-31 | $8.32 Million | +5.66% |
| 2005-10-31 | $7.88 Million | +4.51% |
| 2004-10-31 | $7.54 Million | +2.73% |
| 2003-10-31 | $7.34 Million | +1.69% |
| 2002-10-31 | $7.21 Million | +0.47% |
| 2001-10-31 | $7.18 Million | +9.20% |
| 2000-10-31 | $6.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Opt-Sciences Corp'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 120.4% over the analyzed period, indicating profitable operations and earnings retention.
- The company has 1.3% of equity in treasury stock, representing shares repurchased from the open market.
Current Equity Component Breakdown (October 2014)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $13.76 Million | 97.06% |
| Common Stock | $250.00K | 1.76% |
| Treasury Stock | $187.00K | 1.32% |
| Other Comprehensive Income | $81.31K | 0.57% |
| Other Components | $272.48K | 1.92% |
| Total Equity | $14.17 Million | 100.00% |
Opt-Sciences Corp Competitors by Market Cap
The table below lists competitors of Opt-Sciences Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wealth Invest Linde&Partners Gl Val Fond
CO:WEILPGVF
|
$220.65K |
|
Champion Gaming Group Inc.
PINK:WGRFF
|
$220.69K |
|
Marijuana Company Of America Inc
PINK:MCOA
|
$220.76K |
|
SCCG
NYSE MKT:SCCG
|
$220.89K |
|
CBOO
BATS:CBOO
|
$220.43K |
|
Zwipe A/S
ST:ZWIPE
|
$220.37K |
|
MultiMetaVerse Holdings Limited
NASDAQ:MMV
|
$220.22K |
|
BankInvest EM Aktier A
CO:BAIEMMAA
|
$220.21K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Opt-Sciences Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2013 to 2014, total equity changed from 13,059,569 to 14,172,656, a change of 1,113,087 (8.5%).
- Net income of 1,114,079 contributed positively to equity growth.
- Other comprehensive income decreased equity by 992.
Equity Change Factors (2013 to 2014)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.11 Million | +7.86% |
| Other Comprehensive Income | $-992.00 | -0.01% |
| Total Change | $- | 8.52% |
Book Value vs Market Value Analysis
This analysis compares Opt-Sciences Corp'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: 1.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.22x to 1.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-10-31 | $10.16 | $22.50 | x |
| 2006-10-31 | $10.73 | $22.50 | x |
| 2007-10-31 | $11.82 | $22.50 | x |
| 2008-10-31 | $12.65 | $22.50 | x |
| 2009-10-31 | $13.17 | $22.50 | x |
| 2010-10-31 | $13.81 | $22.50 | x |
| 2011-10-31 | $14.81 | $22.50 | x |
| 2012-10-31 | $16.30 | $22.50 | x |
| 2013-10-31 | $16.84 | $22.50 | x |
| 2014-10-31 | $18.27 | $22.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Opt-Sciences Corp 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): 7.86%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.75%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.04x
- Recent ROE (7.86%) is above the historical average (5.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 3.73% | 7.24% | 0.49x | 1.05x | $-412.60K |
| 2001 | 9.04% | 12.01% | 0.69x | 1.09x | $-69.10K |
| 2002 | 1.52% | 2.62% | 0.54x | 1.08x | $-611.50K |
| 2003 | 0.85% | 1.61% | 0.51x | 1.04x | $-671.70K |
| 2004 | 2.64% | 4.89% | 0.51x | 1.05x | $-554.70K |
| 2005 | 4.43% | 8.07% | 0.52x | 1.07x | $-438.66K |
| 2006 | 4.86% | 9.48% | 0.49x | 1.04x | $-428.06K |
| 2007 | 9.09% | 14.58% | 0.58x | 1.08x | $-83.71K |
| 2008 | 8.76% | 12.72% | 0.65x | 1.06x | $-122.06K |
| 2009 | 2.66% | 5.57% | 0.47x | 1.03x | $-749.78K |
| 2010 | 4.30% | 9.40% | 0.44x | 1.05x | $-610.27K |
| 2011 | 7.51% | 14.57% | 0.49x | 1.05x | $-285.99K |
| 2012 | 7.42% | 14.04% | 0.51x | 1.05x | $-325.57K |
| 2013 | 7.22% | 15.16% | 0.46x | 1.04x | $-362.84K |
| 2014 | 7.86% | 15.75% | 0.48x | 1.04x | $-303.19K |
Industry Comparison
This section compares Opt-Sciences Corp's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $301,480,945
- Average return on equity (ROE) among peers: 29.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Opt-Sciences Corp (OPST) | $15.25 Million | 3.73% | 0.04x | $220.61K |
| Alabama Aircraft Industries Inc (AAIIQ) | $3.00 Million | 70.00% | 22.83x | $0.97 |
| AAC Clyde Space AB (ACCMF) | $662.75 Million | -6.24% | 0.42x | $49.09 Million |
| Archer Aviation Inc (ACHR) | $698.90 Million | -49.76% | 0.10x | $3.44 Billion |
| American Defense Systems Inc (ADFS) | $9.01 Million | 34.56% | 0.45x | $4.85K |
| AAR Corp (AIR) | $866.00 Million | 7.82% | 1.54x | $4.16 Billion |
| Air Industries Group (AIRI) | $21.61 Million | 17.30% | 1.32x | $12.09 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $548.73 Million | -7.05% | 0.28x | $168.72 Million |
| Philly Shipyard ASA (AKRRF) | $155.58 Million | 43.21% | 0.63x | $13.32 Million |
| ASI Aviation Inc (ASAV) | $6.88 | 150.58% | 2.47x | $2.48 Million |
| Astronics Corporation (ATRO) | $49.23 Million | 31.26% | 1.11x | $2.35 Billion |