China BAK Battery, Inc. (CBAT) vs Orion Energy Systems, Inc. (OESX)

China BAK Battery, Inc. and Orion Energy Systems, Inc. are both Electrical Equipment & Parts companies. China BAK Battery, Inc. and Orion Energy Systems, Inc. are of similar size ($123.3M and $123.2M). China BAK Battery, Inc. grew revenue faster over the last twelve months: 50.5% against 16.5%. Orion Energy Systems, Inc. has the higher net margin (0.04% vs −7.43%) and the higher return on invested capital (4.61% vs −139.1%). Across the 19 metrics below, China BAK Battery, Inc. leads on 10 and Orion Energy Systems, Inc. on 9.

Valuation

Metric CBAT OESX Electrical Equipment & Parts median
P/E n/m n/m 36.10
P/S 0.49 1.34 2.73
P/B 1.09 6.62 3.57
Price to free cash flow 3.12 165.15 33.31
EV/EBITDA n/m 42.10 18.07
EV/Sales 0.24 1.36 2.75
Earnings yield (14.40%) (0.10%) (5.84%)
Free cash flow yield 32.02% 0.61% 0.00%

Profitability

Metric CBAT OESX Electrical Equipment & Parts median
Gross margin 6.38% 33.63% 25.38%
Operating margin (11.00%) 1.60% 0.00%
Net margin (7.43%) 0.04% 0.00%
Free cash flow margin 16.04% 0.82% 0.00%
Return on equity (15.47%) 0.27% 0.94%
Return on assets (4.26%) 0.08% (1.50%)
Return on invested capital (139.05%) 4.61% 0.00%

Growth

Metric CBAT OESX Electrical Equipment & Parts median
Revenue growth (TTM) 50.51% 16.48% 9.28%
EPS growth (last fiscal year) (176.92%) 75.28% —
Revenue growth, 5-year CAGR 29.95% (5.88%) 9.80%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CBAT OESX Electrical Equipment & Parts median
Debt to equity 0.08 0.35 0.08
Current ratio 0.65 1.54 2.18
Net debt to EBITDA 9.10 19.06 0.26

Dividend

Metric CBAT OESX Electrical Equipment & Parts median
Dividend yield — — 0.84%
Payout ratio 0.00 0.00 0.00

Size

Metric CBAT OESX Electrical Equipment & Parts median
Market cap 123.18m 123.25m 177.98m

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