Orion Energy Systems, Inc.
We provide state-of-the-art light emitting diode ( LED ) lighting systems, wireless Internet of Things ( IoT ) enabled control solutions, commercial and industrial e…
$19.69
-$0.43 (-2.14%)
EOD Oct 23, 2026
Operating margin is thin at 1.60%. Limited cushion if revenue slows or costs rise.
Revenue grew 8.3% in the fiscal year ended Mar 2026, steady but not accelerating. Free cash flow declined 332% despite revenue growth, conversion is weakening.
Free cash flow declined 332% in the fiscal year ended Mar 2026 versus the year before, cash generation momentum has weakened. Net debt of $4M represents 5.8x FCF, leverage limits flexibility.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$92M
▲ +8.3% YoY
Net Income (TTM)
$40K
▲ +73.2% YoY
Op. Margin
1.60%
▲ +11.4pp YoY
ROIC
5.45%
▲ +22.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$754K
▼ -332.4% YoY
Op. Cash Flow (TTM)
$788K
▼ -280.1% YoY
Net Debt
$4M
Cash & Equiv.
$5M
5Y CAGR: -5.9%
Continue Research
SourceComputed from the 10-Q filed 4 Feb 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 14 Oct 2026. How this is calculated.
Price from market data, last close as of 23 Oct 2026. Fiscal year ends Mar. Sector medians are approximate S&P 500 benchmarks and update periodically.
Is Orion Energy Systems (OESX) overvalued?
Orion Energy Systems (OESX) trades above a two-stage DCF intrinsic value of about $8.09 per share, so at $19.69 the stock looks overvalued (58.9% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Orion Energy Systems scores 44/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Orion Energy Systems's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $8.09 per share for OESX, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $6.07. At today's $19.69, that puts the stock about 58.9% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Orion Energy Systems a high-quality business?+
Orion Energy Systems scores 44 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 1.6% operating margin and a 5.5% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is Orion Energy Systems a good stock to buy right now?+
That depends on valuation and quality together, not either alone. OESX currently trades above its estimated intrinsic value and scores 44/100 on quality (mixed). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.
Related stocks: Electric Lighting & Wiring Equipment
Spot a number that looks wrong? Check it in OESX's SEC filings or
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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