CPI Aerostructures, Inc. (CVU) vs Optex Systems Holdings Inc. (OPXS)

CPI Aerostructures, Inc. and Optex Systems Holdings Inc. are both Aerospace & Defense companies. CPI Aerostructures, Inc. and Optex Systems Holdings Inc. are of similar size ($72.7M and $68.4M). CPI Aerostructures, Inc. trades at the lower P/E: 17.5× against 18.6×. CPI Aerostructures, Inc. grew revenue faster over the last twelve months: 2.59% against 0.81%. Optex Systems Holdings Inc. has the higher net margin (9.77% vs 5.06%) and the higher return on invested capital (15.3% vs 8.14%). Across the 21 metrics below, Optex Systems Holdings Inc. leads on 15 and CPI Aerostructures, Inc. on 6.

Valuation

Metric CVU OPXS Aerospace & Defense median
P/E 17.52 18.61 33.00
P/S 0.89 1.82 3.63
P/B 2.33 2.60 3.24
Price to free cash flow n/m 50.71 34.01
EV/EBITDA 13.24 11.87 18.69
EV/Sales 1.14 1.70 3.94
Earnings yield 5.71% 5.37% 1.31%
Free cash flow yield (3.61%) 1.97% 0.00%

Profitability

Metric CVU OPXS Aerospace & Defense median
Gross margin 22.54% 30.69% 25.48%
Operating margin 8.18% 13.25% 4.54%
Net margin 5.06% 9.77% 2.22%
Free cash flow margin (3.22%) 3.66% 0.00%
Return on equity 14.37% 15.28% 6.43%
Return on assets 4.94% 12.61% 2.70%
Return on invested capital 8.14% 15.28% 1.56%

Growth

Metric CVU OPXS Aerospace & Defense median
Revenue growth (TTM) 2.59% 0.81% 18.43%
EPS growth (last fiscal year) (126.92%) 34.55% —
Revenue growth, 5-year CAGR (7.70%) 9.81% 9.62%
Net income growth, 5-year CAGR 0.00% 33.21% 0.00%

Health

Metric CVU OPXS Aerospace & Defense median
Debt to equity 0.68 0.00 0.24
Current ratio 1.97 7.09 2.72
Net debt to EBITDA 54.35 (0.84) 1.12

Dividend

Metric CVU OPXS Aerospace & Defense median
Dividend yield — — 1.04%
Payout ratio 0.00 — 0.00

Size

Metric CVU OPXS Aerospace & Defense median
Market cap 68.37m 72.73m 2.52b

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