Optex Systems Holdings Inc. (OPXS) vs GrabAGun Digital Holdings Inc. (PEW)

Optex Systems Holdings Inc. and GrabAGun Digital Holdings Inc. are both Aerospace & Defense companies. Optex Systems Holdings Inc. is the larger, with a market value of $72.7M against $63.8M — 1.1× the size. GrabAGun Digital Holdings Inc. has negative trailing earnings, so its P/E is not meaningful; Optex Systems Holdings Inc. trades at 18.6×. Optex Systems Holdings Inc. has the higher net margin (9.77% vs −7.00%) and the higher return on invested capital (15.3% vs −51.1%). Across the 17 metrics below, Optex Systems Holdings Inc. leads on 12 and GrabAGun Digital Holdings Inc. on 5.

Valuation

Metric OPXS PEW Aerospace & Defense median
P/E 18.61 n/m 33.00
P/S 1.82 0.63 3.63
P/B 2.60 0.62 3.24
Price to free cash flow 50.71 n/m 34.01
EV/EBITDA 11.87 2.62 18.69
EV/Sales 1.70 (0.26) 3.94
Earnings yield 5.37% (10.65%) 1.31%
Free cash flow yield 1.97% (33.08%) 0.00%

Profitability

Metric OPXS PEW Aerospace & Defense median
Gross margin 30.69% 12.60% 25.48%
Operating margin 13.25% (10.30%) 4.54%
Net margin 9.77% (7.00%) 2.22%
Free cash flow margin 3.66% (20.73%) 0.00%
Return on equity 15.28% (13.79%) 6.43%
Return on assets 12.61% (11.62%) 2.70%
Return on invested capital 15.28% (51.12%) 1.56%

Growth

Metric OPXS PEW Aerospace & Defense median
Revenue growth (TTM) 0.81% — 18.43%
EPS growth (last fiscal year) 34.55% (128.83%) —
Revenue growth, 5-year CAGR 9.81% — 9.62%
Net income growth, 5-year CAGR 33.21% — 0.00%

Health

Metric OPXS PEW Aerospace & Defense median
Debt to equity 0.00 0.07 0.24
Current ratio 7.09 9.42 2.72
Net debt to EBITDA (0.84) 24.91 1.12

Dividend

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

Size

Metric OPXS PEW Aerospace & Defense median
Market cap 72.73m 63.75m 2.52b

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