Tearsheet

Optical Cable (OCC)

Market Price (12/4/2025): $8.4 | Market Cap: $70.5 Mil
Sector: Information Technology | Industry: Communications Equipment

Optical Cable (OCC)

Market Price (12/4/2025): $8.4
Market Cap: $70.5 Mil
Sector: Information Technology
Industry: Communications Equipment

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Megatrend and thematic drivers Megatrends include Artificial Intelligence, and 5G & Advanced Connectivity. Themes include Data Centers & Infrastructure, Network Equipment, Show more.	Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -56,992, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -0.1%
1		Stock price has recently run up significantly 6M Rtn6 month market price return is 166%, 12M Rtn12 month market price return is 315%
2		Not cash flow generative CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -1.2%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.6%
3		Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -8.9%
4		High stock price volatility Vol 12M is 126%

0	Megatrend and thematic drivers Megatrends include Artificial Intelligence, and 5G & Advanced Connectivity. Themes include Data Centers & Infrastructure, Network Equipment, Show more.
1	Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -56,992, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -0.1%
2	Stock price has recently run up significantly 6M Rtn6 month market price return is 166%, 12M Rtn12 month market price return is 315%
3	Not cash flow generative CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -1.2%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.6%
4	Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -8.9%
5	High stock price volatility Vol 12M is 126%

Valuation, Metrics & Events

	12/4/25	2024	2023	2022	2021
Share Price CYE	$8.40	$3.61	$2.70	$4.42	$5.37
Market Cap CYE ($ Mil)	70.5	27.9	21.3	33.2	41.5
Total Debt ($ Mil)	9.1	10.9	11.0	10.5	8.3
Total Cash ($ Mil)	0.4	0.2	1.5	0.2	0.1
Enterprise Value ($ Mil)	79.1	38.8	32.3	43.7	49.8
Valuation Ratios
P/S TTM	0.3	0.4	0.3	0.5	0.7
P/EBIT TTM	-600.7	-9.2	6.3	74.6	5.6
P/E TTM	-21.5	-6.6	10.3	-95.8	6.2
Sector Ratios
P/S TTM (Sector)	0.0	0.0	0.0	0.0	0.0
P/EBIT TTM (Sector)	0.0	0.0	0.0	0.0	0.0
P/E TTM (Sector)	0.0	0.0	0.0	0.0	0.0

	12/4/25	2024	2023
Share Price CYE	$8.40	$3.61	$2.70
Market Cap CYE ($ Mil)	70.5	27.9	21.3
Total Debt ($ Mil)	9.1	10.9	11.0
Total Cash ($ Mil)	0.4	0.2	1.5
Enterprise Value ($ Mil)	79.1	38.8	32.3
Valuation Ratios
P/S TTM	0.3	0.4	0.3
P/EBIT TTM	-600.7	-9.2	6.3
P/E TTM	-21.5	-6.6	10.3
Sector Ratios
P/S TTM (Sector)	0.0	0.0	0.0
P/EBIT TTM (Sector)	0.0	0.0	0.0
P/E TTM (Sector)	0.0	0.0	0.0

	OCC	S&P 500
REVENUE GROWTH	GOOD
Rev LTM ($ Bil)	0.1
Rev Chg Q	22.8%	7.1%
Rev Chg LTM	12.7%	6.1%
Rev Chg 3Y Avg	4.7%	5.5%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	-0.0
CFO LTM ($ Bil)	-0.0
Net Inc LTM ($ Bil)	-0.0
Op Mgn LTM	-0.1%	18.8%
CFO/Rev LTM	-1.2%	20.5%
Net Inc Mgn	-1.6%	13.1%
VALUATION	VERY LOW
P/S	0.3	3.2
P/CFO	-26.9	15.8
P/FCF	-20.3	20.5
P/E	-21.5	23.5
STABILITY	FAIR
Debt/Equity	0.37	0.20
Cash/Assets	0.01	0.07

AI Generated Analysis | Feedback

Metric	Value	Date	Source
Sales Order Backlog/Forward Load	$7.1 million	7312025	Link

Upcoming
12/22/2025	Earnings Release	Rev: - EPS: -
3/09/2026	Earnings Release	Rev: - EPS: -

OCC Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

Here are the key points for the movement of Optical Cable (OCC) stock from approximately August 31, 2025, to December 4, 2025:

1. Strong Q3 2025 Financial Performance: Optical Cable Corporation reported robust third-quarter fiscal year 2025 results, with net sales increasing by 22.8% to $19.9 million and gross profit margin improving to 31.7%. This substantial financial growth contributed significantly to positive investor sentiment.

2. Return to Profitability: The company achieved a net income of $302,000 in Q3 2025, marking a significant turnaround from a net loss of $1.6 million in the same quarter of the prior fiscal year. This return to profitability signaled a positive operational shift for OCC.

Stock Movement Drivers

Fundamental Drivers

The 33.2% change in OCC stock from 9/3/2025 to 12/3/2025 was primarily driven by a 36.1% change in the company's P/S Multiple.

	9032025	12032025	Change
Stock Price ($)	6.32	8.42	33.23%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	69.00	72.69	5.36%
P/S Multiple	0.71	0.97	36.13%
Shares Outstanding (Mil)	7.80	8.39	-7.65%
Cumulative Contribution			32.45%

LTM = Last Twelve Months as of date shown

Market Drivers

9/3/2025 to 12/3/2025

	Return	Correlation
OCC	33.2%
Market (SPY)	6.2%	29.1%
Sector (XLK)	11.0%	31.1%

Fundamental Drivers

The 166.5% change in OCC stock from 6/4/2025 to 12/3/2025 was primarily driven by a 166.0% change in the company's P/S Multiple.

	6042025	12032025	Change
Stock Price ($)	3.16	8.42	166.46%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	67.56	72.69	7.60%
P/S Multiple	0.37	0.97	166.02%
Shares Outstanding (Mil)	7.82	8.39	-7.42%
Cumulative Contribution			164.99%

LTM = Last Twelve Months as of date shown

Market Drivers

6/4/2025 to 12/3/2025

	Return	Correlation
OCC	166.5%
Market (SPY)	15.1%	27.0%
Sector (XLK)	22.7%	29.7%

Fundamental Drivers

The 314.8% change in OCC stock from 12/3/2024 to 12/3/2025 was primarily driven by a 299.3% change in the company's P/S Multiple.

	12032024	12032025	Change
Stock Price ($)	2.03	8.42	314.78%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	64.52	72.69	12.67%
P/S Multiple	0.24	0.97	299.31%
Shares Outstanding (Mil)	7.74	8.39	-8.47%
Cumulative Contribution			311.80%

LTM = Last Twelve Months as of date shown

Market Drivers

12/3/2024 to 12/3/2025

	Return	Correlation
OCC	314.8%
Market (SPY)	14.3%	23.1%
Sector (XLK)	23.1%	28.5%

Fundamental Drivers

The 125.1% change in OCC stock from 12/4/2022 to 12/3/2025 was primarily driven by a 124.5% change in the company's P/S Multiple.

	12042022	12032025	Change
Stock Price ($)	3.74	8.42	125.13%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	64.91	72.69	12.00%
P/S Multiple	0.43	0.97	124.50%
Shares Outstanding (Mil)	7.52	8.39	-11.68%
Cumulative Contribution			122.06%

LTM = Last Twelve Months as of date shown

Market Drivers

12/4/2023 to 12/3/2025

	Return	Correlation
OCC	228.9%
Market (SPY)	53.2%	20.0%
Sector (XLK)	60.2%	24.1%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
OCC Return	-18%	100%	-18%	-39%	34%	122%	147%
Peers Return	-13%	-5%	-12%	57%	61%	25%	130%
S&P 500 Return	16%	27%	-19%	24%	23%	16%	112%
Monthly Win Rates [3]
OCC Win Rate	50%	67%	42%	33%	33%	60%
Peers Win Rate	38%	35%	33%	52%	48%	67%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
OCC Max Drawdown	-34%	0%	-39%	-47%	-25%	-30%
Peers Max Drawdown	-50%	-23%	-32%	-8%	-10%	-13%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: POWL, AZZ, SXI, TISI, FIEE. See OCC Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

Unique Key	Event	OCC	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-63.4%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	172.9%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	687 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-40.1%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	67.0%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	193 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-52.9%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	112.4%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	796 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-75.9%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	314.6%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	6033 days	1480 days

Compare to POWL, AZZ, SXI, TISI, FIEE

In The Past

Optical Cable's stock fell -63.4% during the 2022 Inflation Shock from a high on 12/17/2021. A -63.4% loss requires a 172.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

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About Optical Cable (OCC)

Optical Cable Corporation, together with its subsidiaries, manufactures and sells fiber optic and copper data communications cabling and connectivity solutions primarily for the enterprise market in the United States and internationally. The company provides fiber optic and hybrid cables for high bandwidth transmission of data, video, and voice communications; and copper datacom cables, including unshielded and shielded twisted pair constructions. Its fiber optic connectivity products include fiber optic wall mounts, cabinet mount and rack mount enclosures, pre-terminated fiber optic enclosures, fiber optic connectors, splice trays, fiber optic jumpers, plug and play cassette modules, pre-terminated fiber optic cable assemblies, adapters, and accessories; and copper connectivity products comprising category compliant patch panels, jacks, plugs, patch cords, faceplates, surface mounted boxes, distribution and multi-media boxes, copper rack mount and wall mount enclosures, cable assemblies, cable organizers, and other wiring products for equipment rooms, telecommunications closets, data centers, and workstation applications. In addition, it offers network, data storage, and telecommunications management systems, such as data cabinets, wall mount enclosures, horizontal and vertical cable management systems, and open frame relay racks for enterprise and residential use; and datacom wiring products, including various enclosures, and modules and modular outlets for single dwelling and multiple dwelling residential uses. Further, the company provides specialty fiber optic connectors and connectivity components, copper datacom connectors, and related systems and solutions for military, other harsh environment, and special applications. It sells its products to distributors, original equipment manufacturers, value-added resellers, and end-users. Optical Cable Corporation was incorporated in 1983 and is headquartered in Roanoke, Virginia.

AI Generated Analysis | Feedback

Here are 1-3 brief analogies for Optical Cable Corporation (OCC):

A specialized Corning for rugged fiber optic cables.
A niche CommScope for high-performance fiber optic infrastructure.

AI Generated Analysis | Feedback

Fiber Optic Cables: These cables transmit data using light signals and are used in a wide range of networking and communication applications.
Copper Data Cables: Traditional electrical cables, such as Category 5e/6/6A, primarily used for data transmission in local area networks.
Connectivity Solutions: Components like connectors, patch panels, and adapters that facilitate the connection and management of both fiber optic and copper cabling systems.
Enclosures and Cabinets: Physical structures designed to protect, house, and organize networking equipment and cabling infrastructure.

AI Generated Analysis | Feedback

Optical Cable Corporation (symbol: OCC) primarily sells its products and solutions to other companies and organizations, not directly to individuals.

Based on the company's annual reports (e.g., its 2023 10-K filing), no single customer accounted for 10% or more of OCC's net sales for the fiscal years ended September 30, 2023, 2022, or 2021. Therefore, OCC does not have individually named "major customers" that are publicly disclosed due to sales concentration.

Instead, OCC serves a diversified customer base across various market sectors. These customer categories include:

Enterprise & Data Center: This category includes a broad range of businesses and organizations that require high-performance fiber optic and copper cabling and connectivity solutions for their internal networks, corporate campuses, and large-scale data storage and processing facilities.
Industrial & Government: Customers in this segment include organizations operating in demanding or challenging environments, such as manufacturing plants, utilities, and transportation infrastructure, as well as various government agencies (federal, state, and local) that require ruggedized, secure, or specialized cabling infrastructure.
Broadcast & Telecommunications: This category encompasses companies involved in media production, professional broadcasting, and telecommunications service providers (e.g., internet service providers, mobile network operators) that need reliable, high-bandwidth connectivity for their operations and communication networks.

AI Generated Analysis | Feedback

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AI Generated Analysis | Feedback

Neil D. Wilkin, Jr. Chairman of the Board, President and Chief Executive Officer

Neil D. Wilkin, Jr. serves as the Chairman of the Board, President, and Chief Executive Officer of Optical Cable Corporation (OCC). He is a key figure guiding the company's strategy and operations. OCC, founded in 1983, specializes in designing, manufacturing, and marketing fiber optic and copper communication cabling and connectivity products, primarily for harsh environments and specialized applications. Under his leadership, OCC entered into a strategic collaboration agreement with Lightera, LLC in July 2025 to expand product offerings and solutions, particularly for the data center and enterprise sectors.

Tracy G. Smith Senior Vice President and Chief Financial Officer

Tracy G. Smith is the Senior Vice President and Chief Financial Officer of Optical Cable Corporation (OCC). She is responsible for the company's financial operations. OCC became a publicly traded company on NASDAQ in 1996, which provided capital for expansion and raised its market profile.

AI Generated Analysis | Feedback

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AI Generated Analysis | Feedback

Optical Cable Corporation (OCC) manufactures high-performance fiber optic and copper cable solutions for various applications, with key addressable markets including military, harsh environment, data center, and enterprise sectors.

Addressable Markets for Optical Cable Corporation (OCC) Products and Services:

Global Military Fiber Optic Cable Market: This market was valued at USD 5.3 billion in 2023 and is projected to reach USD 9.3 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 11%. Another estimate places the market at USD 3.82 billion in 2025, with a projected growth to USD 5.5 billion by 2030. The military fiber optic cable market is also anticipated to reach approximately USD 3.9 billion by 2033, from USD 1.8 billion in 2024, reflecting a CAGR of 8.9% from 2025 to 2033. The defense/military industry accounted for 14.2% of the total global fiber optic cable market share in 2024.
Global Harsh Environment Fiber Optic Cable Market: The global harsh environment fiber optic cable market is estimated at USD 1.5 billion in 2025 and is expected to grow at a CAGR of 8% from 2025 to 2033. Other analyses project the market to grow from USD 1,891.5 million in 2025 to USD 3,451.8 million by 2035 at a CAGR of 6.2%. Another source indicates a market size of USD 2.48 billion in 2024, projected to reach USD 4.07 billion by 2034 with a CAGR of 5.1%. North America represents 28% of this market in 2025.
Global Data Center Cabling Market (including Fiber Optic Cables): The global data center cabling market was valued at USD 7.1 billion in 2024 and is projected to grow at a CAGR of 8.9% between 2025 and 2034. Within this, fiber optic cables accounted for 59% of the market share in 2024 and are expected to exceed USD 10 billion by 2034. Another report projects the data center cabling market to grow from USD 7.7 billion in 2025 to USD 18.1 billion by 2035, with fiber optic cables dominating at a 59.3% market share. The global data center optical fiber market itself was valued at USD 7.23 billion in 2024 and is expected to grow to USD 15 billion by 2035, at a CAGR of 6.8% from 2025 to 2035. Multimode fiber, a product area for OCC, constituted approximately 24% of global fiber deployments in 2023, primarily utilized in data centers and enterprise Local Area Networks (LANs).
North American Enterprise Fiber Optic Cable Market: OCC is the second-largest manufacturer of multimode fiber optic cable for the North American enterprise market. The enterprise segment of the global fiber optic cable market is projected to grow at a CAGR of 11.5%, reaching USD 10.9 billion by 2034. More broadly, the North American fiber optic cable market was valued at USD 4.5 billion in 2024 and is projected to reach USD 12.5 billion by 2034, registering a CAGR of 10.8%. North America accounted for 27.2% of the global fiber optic cable market share in 2024.
Overall Global Fiber Optic Cable Market: The global fiber optic cable market is estimated at USD 13.92 billion in 2025 and is expected to reach USD 20.94 billion by 2030, with a CAGR of 10.46%. Another estimate valued the market at USD 13 billion in 2024, with a projected growth to USD 34.5 billion by 2034 at a CAGR of 10.4%. Yet another source projects the market to grow from USD 9.9 billion in 2024 to USD 27.59 billion by 2035, representing a CAGR of 9.76%.

AI Generated Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Optical Cable Corporation (OCC) over the next 2-3 years:

Recovery and Growth in Enterprise and Specialty Markets: OCC has reported a rebound in the fiber optic sector, experiencing sequential sales growth in both fiscal year 2024 and continuing into 2025. This growth is evident across its enterprise and specialty markets, indicating a diversified demand recovery. The company expects opportunities for improved net sales to continue during fiscal year 2025 as the industry recovers from previous market weakness.
Strategic Collaborations and Partnerships: A significant driver is OCC's strategic collaboration with Lightera, LLC, which includes an investment by Lightera in OCC. This partnership is anticipated to expand market opportunities, accelerate sales growth, and create value by broadening fiber optic and copper cabling and connectivity solutions within the enterprise and data center sectors, as well as other specified markets.
Product Innovation and Expansion of Offerings: OCC is focused on continuous innovation and the introduction of new products, particularly in advanced fiber optic technology and related solutions. This ongoing development is crucial for maintaining a competitive edge, increasing market share, and driving revenue growth, especially within niche applications.
Expansion into Hyperscale Data Center and AI/ML Infrastructure: The collaboration with Lightera directly aligns OCC with the growth in hyperscale data centers and the increasing demands of Artificial Intelligence (AI) and Machine Learning (ML) infrastructure through research and development in silicon photonics and Quantum Key Distribution (QKD). This strategic alignment positions OCC to capture opportunities in these rapidly expanding high-growth sectors.
Increasing Sales Backlog and Forward Load: The consistent growth in OCC's sales backlog and forward load provides strong visibility into future revenue. This expanding backlog indicates positive underlying demand trends and suggests a sustained increase in order volumes for the company's products and solutions.

AI Generated Analysis | Feedback

Share Repurchases

Optical Cable Corporation's Board of Directors approved a plan to purchase and retire up to 320,000 shares of common stock, approximately 4.9% of outstanding shares, with anticipated purchases over the next 12 to 24 months as of September 3, 2025.

Share Issuance

On March 26, 2025, shareholders approved the authorization of an additional 350,000 common shares for issuance under the 2017 Stock Incentive Plan.
On July 7, 2025, Lightera, LLC purchased 642,199 redeemable restricted shares of OCC common stock for an aggregate price of $2.0 million.

Inbound Investments

On July 7, 2025, Lightera, LLC made a strategic investment in Optical Cable Corporation by purchasing shares of common stock for $2.0 million, resulting in Lightera holding 7.24% of OCC's outstanding shares.
This investment was part of a strategic collaboration aimed at expanding product offerings and solutions for the enterprise and data center sectors.

Capital Expenditures

In fiscal year 2023, Optical Cable Corporation incurred $521,000 in capital expenditures.
These capital expenditures focused on new manufacturing equipment, improvements to existing manufacturing equipment, new information technology equipment and software, and upgrades to existing information technology equipment and software.
Expected capital expenditures for fiscal year 2023 were projected not to exceed $1.0 million.

Better Bets than Optical Cable (OCC)

	OCC	Better Performance than OCC
Metric	Value	INDUSTRY: Communications Equipment
Rev Chg LTM	12.7%	ASTS (249.4%), UI (36.8%), LITE (33.6%), ANET (27.8%), CIEN (13.0%)
Rev Chg 3Y Avg	4.7%	ASTS (35.3%), ANET (29.4%), UI (17.5%), MSI (9.5%), CIEN (7.4%)
Op Mgn LTM	-0.1%	ANET (42.9%), UI (33.7%), MSI (25.1%), CSCO (22.1%), CIEN (5.6%)
CFO/Rev LTM	-1.2%	ANET (49.0%), CSCO (25.1%), MSI (23.5%), UI (21.9%), CIEN (17.3%)
FCF/Rev LTM	-1.6%	ANET (47.9%), CSCO (23.5%), MSI (21.5%), UI (21.4%), CIEN (13.3%)
Total Yield	-4.6%	CSCO (6.0%), MSI (3.7%), UI (2.4%), ANET (1.8%), CIEN (1.2%)
P/S	0.3	ASNS (0.1), CMTL (0.1), SONM (0.2)
P/Op Inc	-427.9

	OCC	Better Performance than OCC
Metric	Value	SECTOR: Information Technology
Rev Chg LTM	12.7%	NVDA (71.6%), PLTR (47.2%), AMD (31.8%), AVGO (28.0%), MSFT (15.6%)
Rev Chg 3Y Avg	4.7%	NVDA (92.0%), PLTR (29.3%), AVGO (24.0%), MSFT (13.2%), ORCL (10.2%)
Op Mgn LTM	-0.1%	NVDA (58.1%), MSFT (46.3%), AVGO (39.0%), AAPL (31.9%), ORCL (31.6%)
CFO/Rev LTM	-1.2%	MSFT (50.0%), NVDA (46.6%), AVGO (42.4%), ORCL (36.5%), AAPL (26.6%)
FCF/Rev LTM	-1.6%	PLTR (46.0%), NVDA (43.6%), AVGO (41.6%), MSFT (26.6%), AAPL (23.5%)
Total Yield	-4.6%	MSFT (3.4%), AAPL (3.0%), ORCL (2.8%), NVDA (2.3%), AVGO (1.5%)
P/S	0.3	INGM (0.1), PAGS (0.1), AVT (0.2), ARW (0.2), SNX (0.2)
P/Op Inc	-427.9

	OCC	Better Performance than OCC
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	12.7%	LLY (36.8%), META (21.3%), NFLX (15.4%), MA (14.6%), GOOGL (13.4%)
Rev Chg 3Y Avg	4.7%	BRK-B (19.8%), META (17.3%), AMZN (11.3%), GOOGL (11.0%), TSLA (9.3%)
Op Mgn LTM	-0.1%	META (43.2%), LLY (43.0%), GOOGL (32.2%), AMZN (11.4%), TSLA (5.1%)
CFO/Rev LTM	-1.2%	META (56.8%), GOOGL (39.3%), AMZN (18.1%), TSLA (16.5%), BRK-B (9.8%)
FCF/Rev LTM	-1.6%	META (23.7%), GOOGL (19.1%), TSLA (7.1%), BRK-B (4.8%), AMZN (2.0%)
Total Yield	-4.6%	BRK-B (6.2%), GOOGL (4.6%), META (3.5%), AMZN (3.0%), TSLA (0.4%)
P/S	0.3	COR (0.2), CVS (0.2), MCK (0.2), CI (0.3), GM (0.3)
P/Op Inc	-427.9

		Best Bets In Information Technology Sector
	OCC
What You Pay
P/E	-21.6
P/EBIT	-602.1
What You Get
Rev Chg Q	22.8%
Rev Chg LTM	12.7%
Rev Chg 3Y Avg	4.7%
FCF/Rev 3Y Avg	-0.7%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 24%, alpha of 2.9%, and sharpe of 1.04

Latest Trefis Analyses

	Title	Topic
0	DASHBOARDS
1	Can Optical Cable Stock Hold Up When Markets Turn?	Return
2	Day 5 of Loss Streak for Optical Cable Stock with -18% Return (vs. 17% YTD) [2/13/2025]	Notification
3	Optical Cable Market Price	Market Price
4	Optical Cable vs. S&P500 Correlation	Correlation
5	Optical Cable Price Volatility	Volatility
6	Better Bet Than OCC Stock: Pay Less Than Optical Cable To Get More From Sector Peer AL	Better Bets
7	Better Bet Than OCC Stock: Pay Less Than Optical Cable To Get More From S&P 500 Stock ALB	Better Bets
8	Optical Cable (OCC) Stock Has 49% Chance Of Rise In The Next One Month
9	Optical Cable (OCC) Stock Has 32% Chance Of Rise In The Next One Month
10	[12/22/2022] Optical Cable (OCC) Shares Moved 17% Today (Extremely rare event)

	Title
0	ARTICLES

Trade Ideas

Select past ideas related to OCC. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11302025	ENPH	Enphase Energy	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	0.9%	0.9%	-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11262025	PD	PagerDuty	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	0.8%	0.8%	0.0%
CRM_11212025_Dip_Buyer_FCFYield	11212025	CRM	Salesforce	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.3%	3.3%	-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11212025	HUBS	HubSpot	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	5.1%	5.1%	0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11212025	FIVN	Five9	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	4.0%	4.0%	0.0%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11302025	ENPH	Enphase Energy	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	0.9%	0.9%	-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11262025	PD	PagerDuty	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	0.8%	0.8%	0.0%
CRM_11212025_Dip_Buyer_FCFYield	11212025	CRM	Salesforce	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.3%	3.3%	-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11212025	HUBS	HubSpot	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	5.1%	5.1%	0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11212025	FIVN	Five9	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	4.0%	4.0%	0.0%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
OLMA	Olema Pharmaceuticals	2.3	223.6%	367.4%
COGT	Cogent Biosciences	5.4	152.6%	402.1%
CDTX	Cidara Therapeutics	5.9	115.1%	722.1%
IRWD	Ironwood Pharmaceuticals	0.6	100.5%	-15.8%
TERN	Terns Pharmaceuticals	2.5	95.9%	396.2%
FRGE	Forge Global	0.6	90.3%	217.8%
SGML	Sigma Lithium	1.1	87.3%	-10.6%
INSP	Inspire Medical Systems	4.0	82.8%	-27.3%
NPCE	NeuroPace	0.6	77.2%	48.9%
ALMS	Alumis	0.6	71.9%	-0.3%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
UP	Wheels Up Experience	0.4	-52.7%	-62.4%
CCOI	Cogent Communications	0.9	-51.9%	-72.9%
SMR	NuScale Power	3.0	-50.7%	12.3%
FRMI	Fermi	10.3	-47.5%
AMSC	American Superconductor	1.4	-47.2%	30.1%
TLRY	Tilray Brands	7.5	-46.1%	-46.9%
BTDR	Bitdeer Technologies	2.4	-44.8%	-41.8%
EXOD	Exodus Movement	0.4	-43.1%	-53.3%
STUB	Stubhub	3.5	-39.8%
METC	Ramaco Resources	1.0	-39.4%	66.9%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

Peer Comparisons for Optical Cable

Peers to compare with:

Financials

	OCC	POWL	AZZ	SXI	TISI	FIEE	Median
Name	Optical .	Powell I.	AZZ	Standex .	Team	FiEE
Mkt Price	8.42	323.48	105.82	241.03	15.16	1.90	60.49
Mkt Cap	0.1	3.9	3.2	2.9	0.1	-	2.9
Rev LTM	73	1,081	1,595	837	871	0	854
Op Inc LTM	-0	211	237	131	11	-1	71
FCF LTM	-1	81	407	41	-13	-1	20
FCF 3Y Avg	-1	130	241	66	-20	-1	33
CFO LTM	-1	101	504	69	-5	-1	34
CFO 3Y Avg	-0	141	337	91	-8	-1	45

Growth & Margins

	OCC	POWL	AZZ	SXI	TISI	FIEE	Median
Name	Optical .	Powell I.	AZZ	Standex .	Team	FiEE
Rev Chg LTM	12.7%	14.3%	1.6%	18.5%	2.6%	-99.5%	7.6%
Rev Chg 3Y Avg	4.7%	30.0%	25.6%	4.7%	2.5%	-65.6%	4.7%
Rev Chg Q	22.8%	-0.7%	2.0%	27.6%	8.5%	-	8.5%
QoQ Delta Rev Chg LTM	5.4%	-0.2%	0.5%	5.9%	2.3%	35,994.4%	3.8%
Op Mgn LTM	-0.1%	19.5%	14.9%	15.6%	1.3%	-3,292.4%	8.1%
Op Mgn 3Y Avg	-1.1%	14.1%	14.5%	15.6%	-0.1%	-1,146.9%	7.0%
QoQ Delta Op Mgn LTM	2.8%	0.3%	-0.0%	0.2%	0.1%	1,197,542.8%	0.3%
CFO/Rev LTM	-1.2%	9.3%	31.6%	8.2%	-0.5%	-1,599.2%	3.8%
CFO/Rev 3Y Avg	-0.2%	16.5%	21.6%	12.1%	-0.9%	-535.9%	6.0%
FCF/Rev LTM	-1.6%	7.5%	25.5%	4.9%	-1.5%	-1,599.2%	1.7%
FCF/Rev 3Y Avg	-0.7%	15.4%	15.4%	8.9%	-2.3%	-536.4%	4.1%

Valuation

	OCC	POWL	AZZ	SXI	TISI	FIEE	Median
Name	Optical .	Powell I.	AZZ	Standex .	Team	FiEE
Mkt Cap	0.1	3.9	3.2	2.9	0.1	-	2.9
P/S	0.3	2.3	2.1	3.0	0.1	-	2.1
P/EBIT	-602.1	12.1	6.8	25.8	-36.8	-	6.8
P/E	-21.6	14.5	10.4	48.4	-1.6	-	10.4
P/CFO	-26.9	25.2	6.5	37.0	-17.1	-	6.5
Total Yield	-4.6%	7.2%	9.9%	2.7%	-63.9%	-	2.7%
Dividend Yield	0.0%	0.3%	0.3%	0.6%	0.0%	-	0.3%
FCF Yield 3Y Avg	-1.8%	10.4%	11.2%	3.3%	-48.2%	-	3.3%
D/E	0.4	0.0	0.2	0.2	5.1	-	0.2
Net D/E	0.4	-0.2	0.2	0.2	4.8	-	0.2

Returns

	OCC	POWL	AZZ	SXI	TISI	FIEE	Median
Name	Optical .	Powell I.	AZZ	Standex .	Team	FiEE
1M Rtn	-2.1%	-17.1%	4.4%	2.9%	-6.8%	-23.1%	-4.5%
3M Rtn	33.2%	25.9%	-6.1%	21.0%	-19.1%	-33.8%	7.5%
6M Rtn	166.5%	82.7%	14.1%	60.3%	-21.8%	-	60.3%
12M Rtn	314.8%	20.8%	13.8%	16.6%	-15.5%	-	16.6%
3Y Rtn	125.1%	1,164.4%	160.4%	130.1%	108.8%	-	130.1%
1M Excs Rtn	-2.1%	-17.1%	4.4%	2.9%	-6.8%	-23.0%	-4.4%
3M Excs Rtn	26.2%	14.2%	-14.5%	11.9%	-26.6%	-37.5%	-1.3%
6M Excs Rtn	151.7%	67.9%	-0.6%	45.6%	-36.5%	-	45.6%
12M Excs Rtn	248.6%	8.0%	1.0%	3.2%	-23.7%	-	3.2%
3Y Excs Rtn	43.7%	1,121.7%	102.1%	64.3%	43.8%	-	64.3%

Comparison Analyses

	Title
0	OCC Could Deliver 30% Returns And Outperform AZZ
1	Optical Cable vs. CIRCOR: With Return Forecast Of 221%, Optical Cable Is A Better Bet
2	Optical Cable vs. Chicago Rivet & Machine: With Return Forecast Of 21%, Optical Cable Is A Better Bet
3	Optical Cable vs. Good Times Restaurants: With Return Forecast Of 58%, Good Times Restaurants Is A Better Bet
4	Optical Cable vs. Standex: With Return Forecast Of 24%, Optical Cable Is A Better Bet
5	Optical Cable vs. Veru: With Return Forecast Of 24%, Veru Is A Better Bet
6	Optical Cable vs. OptimizeRx: With Return Forecast Of 64%, OptimizeRx Is A Better Bet
7	Optical Cable vs. Natera: With Return Forecast Of 19%, Optical Cable Is A Better Bet

Financials

Annual
Quarterly

$ Mil \| FY: 10/31	LTM	2024	2023	2022	2021	2020	2019
Period End	7/31/2025	10/31/2024	10/31/2023	10/31/2022	10/31/2021	10/31/2020	10/31/2019
Filing Date	9/11/2025	12/23/2024	12/20/2023	12/22/2022	12/20/2021	12/21/2020	1/27/2020
Key Financials
Total Revenue	73	67	72	69	59	55	71
EBITDA	1	-2	4	2	8	-4	-3
Operating Income	-0	-3	1	0	-2	-6	-5
Net Income	-1	-4	2	-0	7	-6	-6
EPS	-0.14	-0.54	0.26	-0.05	0.87	-0.83	-0.77
Growth Rates
Total Revenue Growth	12.7%	-7.6%	4.5%	16.8%	7.0%	-22.5%	-18.8%
EBITDA Growth	121.1%	-150.0%	183.5%	-82.1%	306.7%	-19.6%	-198.7%
Operating Income Growth	98.9%	-440.0%	110.0%	124.0%	64.3%	-7.2%	-396.6%
Net Income Growth	80.7%	-303.7%	695.4%	-105.3%	208.0%	-8.0%	-630.5%
Margins
EBITDA Margin	1.1%	-3.2%	6.0%	2.2%	14.4%	-7.4%	-4.8%
Operating Income Margin	-0.1%	-5.1%	1.4%	0.7%	-3.3%	-10.0%	-7.2%
Net Income Margin	-1.6%	-6.3%	2.9%	-0.5%	11.2%	-11.1%	-7.9%
Cash & Debt
Total Cash	0	0	1	0	0	0	1
Total Debt	9	11	11	11	8	15	12
Net Debt / (Cash)	9	11	10	10	8	15	11
Cash Flows
Net Cash from Operations	-1	-1	-0	-2	2	-4	-0
Free Cash from Operations	-1	-1	-1	-2	2	-4	-1
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0	-0
Share Repurchases	-0	-0	-0	-0	-0	-0	0

$ Mil \| FY: 10/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	7/31/2025	4/30/2025	1/31/2025	10/31/2024	7/31/2024	4/30/2024	1/31/2024	10/31/2023	7/31/2023	4/30/2023	1/31/2023	10/31/2022
Filing Date	9/11/2025	6/5/2025	3/10/2025	12/23/2024	9/11/2024	6/10/2024	3/13/2024	12/20/2023	9/12/2023	6/12/2023	3/14/2023	12/22/2022
Key Financials Quarterly
Total Revenue	20	18	16	19	16	16	15	17	17	20	18	20
Ebitda	1	-0	-1	1	-1	-1	-1	-1	1	3	1	2
Operating Income	1	-0	-1	1	-1	-1	-1	-1	0	1	1	1
Net Income	0	-1	-1	0	-2	-2	-1	-1	0	2	1	1
EPS	0.04	-0.09	-0.14	0.05	-0.20	-0.21	-0.18	-0.16	0.01	0.31	0.10	0.15
Key Financials TTM
Total Revenue TTM	73	69	68	67	65	65	69	72	75	75	73	69
Ebitda TTM	1	-1	-2	-2	-4	-2	2	4	7	6	3	2
Operating Income TTM	-0	-2	-3	-3	-5	-4	-1	1	4	3	2	0
Net Income TTM	-1	-3	-4	-4	-6	-4	-0	2	5	4	1	-0
Growth Rates Quarterly
Total Revenue Growth	22.8%	8.9%	6.0%	12.4%	-4.2%	-17.9%	-18.8%	-13.6%	-2.5%	14.1%	26.6%	26.3%
EBITDA Growth	172.4%	79.7%	31.6%	225.7%	-267.7%	-136.1%	-166.6%	-141.7%	614.5%	1203.5%	391.2%	274.5%
Operating Income Growth	142.1%	67.0%	39.1%	151.3%	-1066.3%	-218.3%	-233.8%	-191.4%	183.2%	5335.9%	238.8%	529.4%
Net Income Growth	119.4%	56.4%	22.3%	129.5%	-1644.6%	-166.1%	-276.0%	-206.6%	127.1%	1162.8%	186.6%	20143.2%
Margins Quarterly
EBITDA Margin	3.8%	-1.3%	-3.9%	4.5%	-6.4%	-6.8%	-6.1%	-4.0%	3.6%	15.5%	7.4%	8.4%
Operating Income Margin	2.8%	-2.4%	-5.4%	3.4%	-8.2%	-8.1%	-9.4%	-7.5%	0.8%	5.6%	5.7%	7.0%
Net Income Margin	1.5%	-4.0%	-7.0%	1.9%	-9.6%	-9.9%	-9.6%	-7.3%	0.6%	12.4%	4.4%	5.9%
Cash & Debt
Total Cash	0	1	0	0	1	1	0	1	0	0	0	0
Total Debt	9	9	8	11	10	11	10	11	12	12	11	11
Net Debt / (Cash)	9	8	8	11	9	10	10	10	11	12	11	10
Cash Flows Quarterly
FCF from Operations	-2	0	3	-2	1	0	-0	1	1	-1	-1	0
Cash Flows TTM
FCF from Operations TTM	-1	2	2	-1	1	1	-0	-0	-1	-0	-0	-2
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	8.1%	-7.2%	-14.4%	10.1%	-21.9%	-20.9%	-22.3%	-20.9%	2.1%	15.9%	15.6%	22.5%
Return on Invested Capital (ROIC) TTM
ROIC TTM	-0.2%	-8.2%	-12.0%	-12.9%	-21.8%	-15.5%	-5.8%	3.8%	13.7%	12.3%	8.6%	1.9%

Price Behavior

Price Behavior

Market Price	$8.42
Market Cap ($ Bil)	0.1
First Trading Date	04/02/1996
Distance from 52W High	-21.2%
	50 Days	200 Days
DMA Price	$8.16	$5.01
DMA Trend	up	up
Distance from DMA	3.2%	68.2%
	3M	1YR
Volatility	131.2%	125.9%
Downside Capture	373.62	159.17
Upside Capture	407.61	281.03
Correlation (SPY)	28.7%	23.1%

OCC Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	4.67	2.55	2.94	2.99	1.45	0.88
Up Beta	7.16	-1.28	1.10	3.59	0.79	0.75
Down Beta	1.84	2.06	2.59	2.63	1.52	0.93
Up Capture	485%	397%	485%	711%	676%	84%
Bmk +ve Days	13	26	39	74	142	427
Stock +ve Days	9	19	31	61	122	332
Down Capture	404%	328%	281%	173%	125%	96%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	10	22	31	61	119	360

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of OCC With Other Asset Classes (Last 1Y)
	OCC	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	260.8%	25.9%	15.3%	58.9%	4.6%	-5.8%	-3.1%
Annualized Volatility	125.6%	27.6%	19.7%	19.4%	15.9%	17.8%	35.7%
Sharpe Ratio	1.55	0.81	0.60	2.26	0.09	-0.48	0.04
Correlation With Other Assets		28.1%	22.9%	1.0%	-10.0%	8.9%	13.8%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data

		Comparison of OCC With Other Asset Classes (Last 5Y)
	OCC	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	25.3%	19.9%	15.0%	17.9%	11.9%	4.9%	37.1%
Annualized Volatility	77.1%	24.6%	17.1%	15.5%	18.9%	19.0%	49.1%
Sharpe Ratio	0.62	0.73	0.71	0.93	0.52	0.17	0.64
Correlation With Other Assets		17.8%	16.6%	2.2%	2.1%	9.0%	8.9%

Based On 10-Year Data

		Comparison of OCC With Other Asset Classes (Last 10Y)
	OCC	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	10.7%	22.2%	14.5%	14.2%	5.6%	5.4%	76.3%
Annualized Volatility	70.2%	24.2%	18.0%	14.8%	17.7%	20.9%	55.9%
Sharpe Ratio	0.44	0.84	0.69	0.79	0.25	0.23	0.95
Correlation With Other Assets		13.8%	13.8%	1.3%	2.8%	8.3%	5.4%

Short Interest

Short Interest: As Of Date	11142025
Short Interest: Shares Quantity	19,465
Short Interest: % Change Since 10312025	6.1%
Average Daily Volume	60,951
Days-to-Cover Short Interest	1
Basic Shares Quantity	8,394,988
Short % of Basic Shares	0.2%

Returns Analyses

	Title
0	Can Optical Cable Stock Hold Up When Markets Turn?
1	Optical Cable Stock Return Comparison
2	[10/7/2021] Optical Cable (OCC) Stock Price Forecast: AI Forecasts OCC Stock Price To Be Around $3.77 In A Month (Up 2.4%)
3	Optical Cable Total Shareholder Return (TSR): -7.5% in 2022 and 6.6% 3-yr returns (above peer average)

SEC Filings

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Report Date	Filing Date	Filing
7312025	9112025	10-Q 7/31/2025
4302025	6052025	10-Q 4/30/2025
1312025	3102025	10-Q 1/31/2025
10312024	12232024	10-K 10/31/2024
7312024	9112024	10-Q 7/31/2024
4302024	6102024	10-Q 4/30/2024
1312024	3132024	10-Q 1/31/2024
10312023	12202023	10-K 10/31/2023
7312023	9122023	10-Q 7/31/2023
4302023	6122023	10-Q 4/30/2023
1312023	3142023	10-Q 1/31/2023
10312022	12222022	10-K 10/31/2022
7312022	9122022	10-Q 7/31/2022
4302022	6132022	10-Q 4/30/2022
1312022	3172022	10-Q 1/31/2022
10312021	12202021	10-K 10/31/2021

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Optical Cable (OCC)

Market Price (12/4/2025): $8.4 | Market Cap: $70.5 MilSector: Information Technology | Industry: Communications Equipment

Optical Cable (OCC)

Market Price (12/4/2025): $8.4Market Cap: $70.5 MilSector: Information TechnologyIndustry: Communications Equipment

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Market Price (12/4/2025): $8.4 | Market Cap: $70.5 Mil
Sector: Information Technology | Industry: Communications Equipment

Market Price (12/4/2025): $8.4
Market Cap: $70.5 Mil
Sector: Information Technology
Industry: Communications Equipment