Optical Cable Corp. (OCC) intrinsic value & 10-year financials
Optical Cable Corp. (OCC) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 1.4% a year to $73.0M, with an average return on invested capital of -6.3%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $12.91
- Revenue (FY2025)
- $73.0M
- Revenue growth (10-yr CAGR)
- 1.4%
- ROIC (10-yr avg)
- -6.3%
- Free cash flow (FY2025)
- $1.1M
OCC 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $73.0M | -$1.5M | — | $1.1M | -0.6% | -2.3% |
| FY2024 | $66.7M | -$4.2M | — | -$1.2M | -5.1% | -13.9% |
| FY2023 | $72.2M | $2.1M | — | -$916.5K | 1.4% | 3.5% |
| FY2022 | $69.1M | -$347.1K | — | -$1.9M | 0.7% | 1.8% |
| FY2021 | $59.1M | $6.6M | — | $2.0M | -3.3% | -8.4% |
| FY2020 | $55.3M | -$6.1M | — | -$3.7M | -10.0% | -23.6% |
| FY2019 | $71.3M | -$5.7M | — | -$771.4K | -7.2% | -17.3% |
| FY2018 | $87.8M | $1.1M | — | $2.5M | 2.0% | 5.6% |
| FY2017 | $64.1M | -$1.7M | — | -$1.2M | -2.1% | -4.4% |
| FY2016 | $64.6M | -$1.8M | — | $2.5M | -1.9% | -4.1% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
OPTICAL CABLE CORP has demonstrated mature, steady growth, with revenue compounding at 1.4% annually over the past decade.
OPTICAL CABLE CORP has historically struggled to out-earn its cost of capital, averaging just -6.3% ROIC.
OPTICAL CABLE CORP has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, OPTICAL CABLE CORP is modeled at 1.4% normalized earnings growth with a 5.1% bond-yield adjustment.