AmpliTech Group, Inc. (AMPG) vs Optical Cable Corporation (OCC)

AmpliTech Group, Inc. and Optical Cable Corporation are both Communication Equipment companies. Optical Cable Corporation is the larger, with a market value of $126.3M against $109.2M — 1.2× the size. AmpliTech Group, Inc. has negative trailing earnings, so its P/E is not meaningful; Optical Cable Corporation trades at 50.1×. AmpliTech Group, Inc. grew revenue faster over the last twelve months: 24.2% against 13.9%. Optical Cable Corporation has the higher net margin (3.10% vs −33.4%) and the higher return on invested capital (12.7% vs −15.4%). Across the 18 metrics below, Optical Cable Corporation leads on 10 and AmpliTech Group, Inc. on 8.

Valuation

Metric AMPG OCC Communication Equipment median
P/E n/m 50.10 33.61
P/S 3.54 1.55 2.16
P/B 1.82 8.72 2.40
Price to free cash flow n/m 313.16 25.02
EV/EBITDA n/m 30.70 13.78
EV/Sales 3.04 1.58 2.27
Earnings yield (10.18%) 2.00% (0.65%)
Free cash flow yield (16.84%) 0.32% 1.61%

Profitability

Metric AMPG OCC Communication Equipment median
Gross margin 36.68% 34.28% 39.47%
Operating margin (34.68%) 4.20% 2.39%
Net margin (33.37%) 3.10% (0.74%)
Free cash flow margin (59.66%) 0.50% 1.39%
Return on equity (19.39%) 15.56% (1.91%)
Return on assets (14.94%) 6.03% (0.20%)
Return on invested capital (15.38%) 12.73% 0.72%

Growth

Metric AMPG OCC Communication Equipment median
Revenue growth (TTM) 24.22% 13.86% 11.48%
EPS growth (last fiscal year) 69.44% 66.67% —
Revenue growth, 5-year CAGR 48.76% 5.73% 4.92%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AMPG OCC Communication Equipment median
Debt to equity 0.00 0.18 0.06
Current ratio 3.76 2.17 2.01
Net debt to EBITDA 0.90 6.59 0.67

Dividend

Metric AMPG OCC Communication Equipment median
Dividend yield — — 2.63%
Payout ratio 0.00 0.00 0.00

Size

Metric AMPG OCC Communication Equipment median
Market cap 109.16m 126.26m 563.45m

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