NeoVolta, Inc. (NEOV) vs Orion Energy Systems, Inc. (OESX)

NeoVolta, Inc. and Orion Energy Systems, Inc. are both Electrical Equipment & Parts companies. NeoVolta, Inc. is the larger, with a market value of $141.6M against $123.3M — 1.1× the size. NeoVolta, Inc. grew revenue faster over the last twelve months: 324.7% against 16.5%. Orion Energy Systems, Inc. has the higher net margin (0.04% vs −63.4%) and the higher return on invested capital (4.61% vs −54.8%). Across the 18 metrics below, Orion Energy Systems, Inc. leads on 12 and NeoVolta, Inc. on 6.

Valuation

Metric NEOV OESX Electrical Equipment & Parts median
P/E n/m n/m 36.10
P/S 4.80 1.34 2.73
P/B 3.91 6.62 3.57
Price to free cash flow n/m 165.15 33.31
EV/EBITDA n/m 42.10 18.07
EV/Sales 4.20 1.36 2.75
Earnings yield (15.28%) (0.10%) (5.84%)
Free cash flow yield (10.46%) 0.61% 0.00%

Profitability

Metric NEOV OESX Electrical Equipment & Parts median
Gross margin 21.32% 33.63% 25.38%
Operating margin (51.96%) 1.60% 0.00%
Net margin (63.42%) 0.04% 0.00%
Free cash flow margin (50.25%) 0.82% 0.00%
Return on equity (88.13%) 0.27% 0.94%
Return on assets (73.05%) 0.08% (1.50%)
Return on invested capital (54.84%) 4.61% 0.00%

Growth

Metric NEOV OESX Electrical Equipment & Parts median
Revenue growth (TTM) 324.68% 16.48% 9.28%
EPS growth (last fiscal year) (114.29%) 75.28% —
Revenue growth, 5-year CAGR 11.80% (5.88%) 9.80%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric NEOV OESX Electrical Equipment & Parts median
Debt to equity 0.00 0.35 0.08
Current ratio 8.10 1.54 2.18
Net debt to EBITDA 0.09 19.06 0.26

Dividend

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

Size

Metric NEOV OESX Electrical Equipment & Parts median
Market cap 141.64m 123.25m 177.98m

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