Inrad Optics, Inc. Logo

Inrad Optics, Inc.

INRD

(1.2)
Stock Price

1,09 USD

14.04% ROA

34.52% ROE

11.75x PER

Market Cap.

17.751.250,00 USD

62.63% DER

0% Yield

11.82% NPM

Inrad Optics, Inc. Stock Analysis

Inrad Optics, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Inrad Optics, Inc. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (19.38%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

The stock's ROA (7.77%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

3 DER

The stock has a reasonable amount of debt compared to its ownership (75%), suggesting a balanced financial position and a moderate level of risk.

4 Assets Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

5 PBV

The stock's elevated P/BV ratio (4.16x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

6 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

7 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

8 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

9 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

10 Dividend

Investors should be cautious as the company hasn't distributed dividends in the last three years, possibly indicating financial challenges.

11 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is overpriced (-1.067), presenting a possible disadvantage for investors as its market price surpasses its estimated intrinsic value.

Inrad Optics, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Inrad Optics, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Inrad Optics, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Inrad Optics, Inc. Revenue
Year Revenue Growth
1999 6.206.092
2000 7.909.967 21.54%
2001 8.075.205 2.05%
2002 5.569.118 -45%
2003 5.388.184 -3.36%
2004 9.221.857 41.57%
2005 13.785.057 33.1%
2006 13.921.127 0.98%
2007 15.099.878 7.81%
2008 16.301.209 7.37%
2009 11.051.127 -47.51%
2010 11.054.178 0.03%
2011 13.177.194 16.11%
2012 11.403.827 -15.55%
2013 11.235.654 -1.5%
2014 9.726.145 -15.52%
2015 10.492.229 7.3%
2016 9.766.525 -7.43%
2017 9.859.201 0.94%
2018 11.488.727 14.18%
2019 10.007.655 -14.8%
2020 9.007.562 -11.1%
2021 11.352.527 20.66%
2022 10.631.032 -6.79%
2023 13.471.080 21.08%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Inrad Optics, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
1999 1.289.335
2000 1.558.290 17.26%
2001 201.603 -672.95%
2002 134.424 -49.98%
2003 153.843 12.62%
2004 97.685 -57.49%
2005 20.279 -381.71%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Inrad Optics, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Inrad Optics, Inc. EBITDA
Year EBITDA Growth
1999 110.552
2000 414.265 73.31%
2001 636.880 34.95%
2002 -1.009.016 163.12%
2003 -514.515 -96.11%
2004 302.641 270.01%
2005 1.248.821 75.77%
2006 1.736.723 28.09%
2007 3.522.997 50.7%
2008 2.016.525 -74.71%
2009 -115.263 1849.5%
2010 345.903 133.32%
2011 1.143.034 69.74%
2012 -198.546 675.7%
2013 -317.919 37.55%
2014 -1.040.388 69.44%
2015 234.112 544.4%
2016 -109.409 313.98%
2017 -129.079 15.24%
2018 1.143.325 111.29%
2019 -355.062 422.01%
2020 -493.993 28.12%
2021 1.101.336 144.85%
2022 568.322 -93.79%
2023 3.324.904 82.91%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Inrad Optics, Inc. Gross Profit
Year Gross Profit Growth
1999 2.951.207
2000 4.446.671 33.63%
2001 2.996.853 -48.38%
2002 906.519 -230.59%
2003 1.471.061 38.38%
2004 2.603.351 43.49%
2005 3.828.932 32.01%
2006 4.543.814 15.73%
2007 5.958.829 23.75%
2008 4.814.589 -23.77%
2009 2.154.588 -123.46%
2010 2.509.025 14.13%
2011 3.562.319 29.57%
2012 2.490.649 -43.03%
2013 1.988.139 -25.28%
2014 1.046.095 -90.05%
2015 2.234.595 53.19%
2016 1.954.277 -14.34%
2017 1.922.667 -1.64%
2018 3.101.200 38%
2019 1.992.507 -55.64%
2020 1.789.443 -11.35%
2021 3.478.451 48.56%
2022 3.101.139 -12.17%
2023 6.118.188 49.31%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Inrad Optics, Inc. Net Profit
Year Net Profit Growth
1999 21.789
2000 707.869 96.92%
2001 43.634 -1522.29%
2002 -1.715.972 102.54%
2003 -1.777.309 3.45%
2004 -672.937 -164.11%
2005 -11.398 -5803.99%
2006 772.266 101.48%
2007 1.880.081 58.92%
2008 1.098.421 -71.16%
2009 -2.799.992 139.23%
2010 -733.813 -281.57%
2011 164.746 545.42%
2012 -1.420.833 111.6%
2013 -1.649.961 13.89%
2014 -2.514.851 34.39%
2015 -478.935 -425.09%
2016 -605.085 20.85%
2017 -682.531 11.35%
2018 706.608 196.59%
2019 -929.598 176.01%
2020 -1.048.935 11.38%
2021 1.748.897 159.98%
2022 -13.907 12675.66%
2023 2.869.764 100.48%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Inrad Optics, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Inrad Optics, Inc. Free Cashflow
Year Free Cashflow Growth
1999 -215.352
2000 -432.437 50.2%
2001 -2.693.790 83.95%
2002 -1.360.391 -98.02%
2003 -384.428 -253.87%
2004 -382.066 -0.62%
2005 -93.354 -309.27%
2006 1.685.121 105.54%
2007 2.754.180 38.82%
2008 -236.138 1266.34%
2009 551.330 142.83%
2010 297.546 -85.29%
2011 -979.659 130.37%
2012 -1.000.443 2.08%
2013 -525.883 -90.24%
2014 -1.387.811 62.11%
2015 -171.628 -708.62%
2016 471.274 136.42%
2017 -91.144 617.07%
2018 397.570 122.93%
2019 -159.914 348.61%
2020 -788.165 79.71%
2021 639.433 223.26%
2022 237.025 -169.77%
2023 680.299 65.16%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Inrad Optics, Inc. Operating Cashflow
Year Operating Cashflow Growth
1999 111.348
2000 149.083 25.31%
2001 -469.940 131.72%
2002 -806.835 41.76%
2003 -283.383 -184.72%
2004 631.503 144.87%
2005 360.261 -75.29%
2006 2.671.853 86.52%
2007 3.000.698 10.96%
2008 548.396 -447.18%
2009 815.431 32.75%
2010 575.787 -41.62%
2011 -358.143 260.77%
2012 -207.840 -72.32%
2013 -69.901 -197.33%
2014 -978.172 92.85%
2015 -141.139 -593.06%
2016 614.818 122.96%
2017 30.213 -1934.95%
2018 551.977 94.53%
2019 150.152 -267.61%
2020 -587.328 125.57%
2021 861.271 168.19%
2022 776.141 -10.97%
2023 796.737 2.59%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Inrad Optics, Inc. Capital Expenditure
Year Capital Expenditure Growth
1999 326.700
2000 581.520 43.82%
2001 2.223.850 73.85%
2002 553.556 -301.74%
2003 101.045 -447.83%
2004 1.013.569 90.03%
2005 453.615 -123.44%
2006 986.732 54.03%
2007 246.518 -300.27%
2008 784.534 68.58%
2009 264.101 -197.06%
2010 278.241 5.08%
2011 621.516 55.23%
2012 792.603 21.59%
2013 455.982 -73.82%
2014 409.639 -11.31%
2015 30.489 -1243.56%
2016 143.544 78.76%
2017 121.357 -18.28%
2018 154.407 21.4%
2019 310.066 50.2%
2020 200.837 -54.39%
2021 221.838 9.47%
2022 539.116 58.85%
2023 116.438 -363.01%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Inrad Optics, Inc. Equity
Year Equity Growth
1999 2.995.161
2000 6.388.780 53.12%
2001 6.745.489 5.29%
2002 5.049.879 -33.58%
2003 3.284.439 -53.75%
2004 3.965.129 17.17%
2005 3.929.407 -0.91%
2006 5.236.703 24.96%
2007 7.712.799 32.1%
2008 10.124.175 23.82%
2009 7.777.715 -30.17%
2010 7.373.752 -5.48%
2011 7.857.995 6.16%
2012 6.794.848 -15.65%
2013 5.363.840 -26.68%
2014 2.995.647 -79.05%
2015 2.622.028 -14.25%
2016 2.182.098 -20.16%
2017 1.685.447 -29.47%
2018 2.566.742 34.34%
2019 2.017.266 -27.24%
2020 1.354.711 -48.91%
2021 3.322.664 59.23%
2022 3.667.792 9.41%
2023 5.352.458 31.47%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Inrad Optics, Inc. Assets
Year Assets Growth
1999 4.113.227
2000 7.829.755 47.47%
2001 8.599.072 8.95%
2002 8.508.925 -1.06%
2003 8.851.121 3.87%
2004 13.526.634 34.57%
2005 13.481.021 -0.34%
2006 15.316.260 11.98%
2007 16.077.947 4.74%
2008 15.732.149 -2.2%
2009 12.610.740 -24.75%
2010 12.621.803 0.09%
2011 11.838.003 -6.62%
2012 11.425.139 -3.61%
2013 9.848.055 -16.01%
2014 7.396.415 -33.15%
2015 7.074.989 -4.54%
2016 6.734.632 -5.05%
2017 6.542.505 -2.94%
2018 6.932.425 5.62%
2019 7.135.246 2.84%
2020 7.028.091 -1.52%
2021 7.271.951 3.35%
2022 9.098.939 20.08%
2023 10.759.890 15.44%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Inrad Optics, Inc. Liabilities
Year Liabilities Growth
1999 1.118.066
2000 1.440.975 22.41%
2001 1.853.583 22.26%
2002 3.459.046 46.41%
2003 5.566.682 37.86%
2004 9.561.505 41.78%
2005 9.551.614 -0.1%
2006 10.079.557 5.24%
2007 8.365.148 -20.49%
2008 5.607.974 -49.17%
2009 4.833.025 -16.03%
2010 5.248.051 7.91%
2011 3.980.008 -31.86%
2012 4.630.291 14.04%
2013 4.484.215 -3.26%
2014 4.400.768 -1.9%
2015 4.452.961 1.17%
2016 4.552.534 2.19%
2017 4.857.058 6.27%
2018 4.365.683 -11.26%
2019 5.117.980 14.7%
2020 5.673.380 9.79%
2021 3.949.287 -43.66%
2022 5.431.147 27.28%
2023 5.407.432 -0.44%

Inrad Optics, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.9
Net Income per Share
0.11
Price to Earning Ratio
11.75x
Price To Sales Ratio
1.39x
POCF Ratio
10.67
PFCF Ratio
14.87
Price to Book Ratio
3.32
EV to Sales
1.42
EV Over EBITDA
9.1
EV to Operating CashFlow
10.95
EV to FreeCashFlow
15.26
Earnings Yield
0.09
FreeCashFlow Yield
0.07
Market Cap
0,02 Bil.
Enterprise Value
0,02 Bil.
Graham Number
0.95
Graham NetNet
0.04

Income Statement Metrics

Net Income per Share
0.11
Income Quality
1.07
ROE
0.35
Return On Assets
0.14
Return On Capital Employed
0.2
Net Income per EBT
0.98
EBT Per Ebit
0.91
Ebit per Revenue
0.13
Effective Tax Rate
0.02

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.36
Operating Profit Margin
0.13
Pretax Profit Margin
0.12
Net Profit Margin
0.12

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0.12
Free CashFlow per Share
0.08
Capex to Operating CashFlow
-0.28
Capex to Revenue
-0.04
Capex to Depreciation
-1.57
Return on Invested Capital
0.18
Return on Tangible Assets
0.14
Days Sales Outstanding
57.91
Days Payables Outstanding
0
Days of Inventory on Hand
135.02
Receivables Turnover
6.3
Payables Turnover
0
Inventory Turnover
2.7
Capex per Share
-0.03

Balance Sheet

Cash per Share
0,20
Book Value per Share
0,38
Tangible Book Value per Share
0.38
Shareholders Equity per Share
0.38
Interest Debt per Share
0.25
Debt to Equity
0.63
Debt to Assets
0.31
Net Debt to EBITDA
0.23
Current Ratio
3.43
Tangible Asset Value
0,01 Bil.
Net Current Asset Value
0,00 Bil.
Invested Capital
0.63
Working Capital
0,01 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
2911808.5
Debt to Market Cap
0.19

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Inrad Optics, Inc. Dividends
Year Dividends Growth

Inrad Optics, Inc. Profile

About Inrad Optics, Inc.

Inrad Optics, Inc., together with its subsidiaries, develops, manufactures, and markets crystal-based optical components and devices, custom optical components, and precision optical and opto-mechanical assemblies worldwide. The company provides optical components, optical coatings, and subassemblies; and UV filter optical components for use in critical applications in defense systems, such as missile warning sensors, as well as opto-mechanical design and assembly services. Its optical components include planar, prismatic, and spherical components fabricated from glass and synthetic crystals; and various components consist of large form factor transmission flats, optical windows for airborne applications, multi-element optical assemblies, lenses, mirrors, polarizing optics, prisms, wave plates, and x-ray monochromators. The company also offers laser devices and instrumentation products comprising electro-optic and nonlinear crystal devices for altering the intensity, polarization, or wavelength of a laser beam, as well as other crystal components for use in laser research, in commercial laser systems, and in detection of fast neutrons; and pockels' cells and associated electronics. It also serves corporations in the laser system, process control, and metrology sectors of the photonics industry, as well as the United States Government, national laboratories, universities, and institutions. The company markets its products through sales, marketing, and customer service teams, as well as through independent sales agents. Inrad Optics, Inc. also exports its products Europe, Israel, and Asia. The company was formerly known as Photonic Products Group, Inc. and changed its name to Inrad Optics, Inc. in 2012. Inrad Optics, Inc. was incorporated in 1973 and is based in Northvale, New Jersey.

CEO
Ms. Amy Eskilson
Employee
59
Address
181 Legrand Avenue
Northvale, 07647

Inrad Optics, Inc. Executives & BODs

Inrad Optics, Inc. Executives & BODs
# Name Age
1 Ms. Amy Eskilson
President, Chief Executive Officer & Director
70
2 Ms. Theresa A. Balog
Chief Financial Officer, Corporate Secretary & Treasurer
70
3 Mr. George F. Murray
Vice President of Sales & Marketing
70

Inrad Optics, Inc. Competitors