Tearsheet

Olenox Industries (OLOX)


Market Price (3/9/2026): $1.19 | Market Cap: $0.5 Mil
Sector: Industrials | Industry: Industrial Machinery & Supplies & Components

Olenox Industries (OLOX)


Market Price (3/9/2026): $1.19
Market Cap: $0.5 Mil
Sector: Industrials
Industry: Industrial Machinery & Supplies & Components

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Weak multi-year price returns
2Y Excs Rtn is -47%, 3Y Excs Rtn is -86%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -11 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -329%
1  Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -43%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -49%, Rev Chg QQuarterly Revenue Change % is -40%
2  Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 12%
3  Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -142%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -153%
4  High stock price volatility
Vol 12M is 144%
5  Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 66%
6  Key risks
OLOX key risks include [1] significant financial distress, Show more.
0 Weak multi-year price returns
2Y Excs Rtn is -47%, 3Y Excs Rtn is -86%
1 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -11 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -329%
2 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -43%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -49%, Rev Chg QQuarterly Revenue Change % is -40%
3 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 12%
4 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -142%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -153%
5 High stock price volatility
Vol 12M is 144%
6 Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 66%
7 Key risks
OLOX key risks include [1] significant financial distress, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Olenox Industries (OLOX) stock has lost about 15% since it went public on 1/22/2026 because of the following key factors:

1. Olenox Industries (OLOX) has reported consistently weak financial performance, including a net income of -$17.0 million (TTM) and a negative price-to-earnings (P/E) ratio of -0.02.

The company's revenue declined by 69.9% year-over-year, from $16.5 million to $5.0 million, and it maintains a significantly negative operating margin of -195.0%, indicating a fundamental lack of profitability.

2. The company exhibits poor liquidity and struggles with cash flow generation.

Olenox Industries has a current ratio of 0.08, signifying that its current assets are insufficient to cover short-term liabilities. Additionally, it reported negative operating cash flow of -$9.3 million and negative free cash flow of -$9.4 million, suggesting a reliance on capital investment rather than generating cash from operations.

Show more

Stock Movement Drivers

Fundamental Drivers

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Market Drivers

11/30/2025 to 3/8/2026
ReturnCorrelation
OLOX  
Market (SPY)-1.6%16.5%
Sector (XLI)10.6%-10.5%

Fundamental Drivers

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Market Drivers

8/31/2025 to 3/8/2026
ReturnCorrelation
OLOX  
Market (SPY)4.5%16.5%
Sector (XLI)12.3%-10.5%

Fundamental Drivers

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Market Drivers

2/28/2025 to 3/8/2026
ReturnCorrelation
OLOX  
Market (SPY)14.2%16.5%
Sector (XLI)25.9%-10.5%

Fundamental Drivers

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Market Drivers

2/28/2023 to 3/8/2026
ReturnCorrelation
OLOX  
Market (SPY)76.0%16.5%
Sector (XLI)75.6%-10.5%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
OLOX Return------21%-21%
Peers Return-7%-26%46%110%34%0%182%
S&P 500 Return27%-19%24%23%16%-0%82%

Monthly Win Rates [3]
OLOX Win Rate-----33% 
Peers Win Rate53%42%64%56%64%67% 
S&P 500 Win Rate75%42%67%75%67%33% 

Max Drawdowns [4]
OLOX Max Drawdown------43% 
Peers Max Drawdown-17%-41%-3%-8%-24%-20% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-1% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: GGG, GHM, GCDT, GPGI, OLOX.
[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] 2026 data is for the year up to 3/6/2026 (YTD)

How Low Can It Go

OLOX has limited trading history. Below is the Industrials sector ETF (XLI) in its place.

Unique KeyEventXLIS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-22.6%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven29.2%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven273 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-42.8%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven74.8%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven232 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-24.6%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven32.6%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven312 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-63.3%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven172.8%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1,463 days1,480 days

Compare to GGG, GHM, GCDT, GPGI, OLOX

In The Past

SPDR Select Sector Fund's stock fell -22.6% during the 2022 Inflation Shock from a high on 1/4/2022. A -22.6% loss requires a 29.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Olenox Industries (OLOX)

Safe & Green Holdings Corp. designs and modifies code-engineered cargo shipping containers and purpose-built modules for commercial, industrial, and residential building construction in the United States. The company redesigns, repurposes, and convert heavy-gauge steel cargo shipping containers into SGBlocks, which are green building blocks for construction. It serves architects, landowners, builders, and developers. The company was formerly known as SG Blocks, Inc and changes its name to Safe & Green Holdings Corp. in December 2022. The company was founded in 2007 and is headquartered in Miami, Florida.

AI Analysis | Feedback

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AI Analysis | Feedback

Note: Olenox Industries (symbol: OLOX) does not appear to be a real, publicly traded company according to available financial databases. The following products and services are illustrative examples of what a fictional company with such a name might offer, presented to demonstrate the requested formatting and structure.

Major Products and Services of Olenox Industries (Illustrative)

  • Advanced Materials Manufacturing

    Olenox Industries develops and manufactures specialized high-performance alloys and composite materials for aerospace, automotive, and industrial applications.

  • Industrial Automation Solutions

    The company provides integrated robotic systems, AI-driven process optimization software, and consulting services to enhance efficiency and productivity in manufacturing plants.

  • Renewable Energy Systems

    Olenox offers components and complete solutions for renewable energy generation, including advanced solar panel technologies and modular energy storage systems for commercial and utility clients.

AI Analysis | Feedback

I am unable to identify the major customers for "Olenox Industries" (symbol: OLOX) because it does not appear to be a real public company.

Searches for "Olenox Industries" and the stock symbol "OLOX" on major financial databases and exchanges do not yield results for an existing publicly traded entity.

Therefore, I cannot provide information regarding its customers or customer categories.

AI Analysis | Feedback

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AI Analysis | Feedback

Michael McLaren, Chief Executive Officer (CEO) and Chairman

Michael McLaren has over 30 years of experience in the energy industry. He is the developer and patent holder of Olenox since its inception and serves as CEO & Founding Shareholder of Olenox Ltd./Corp.. Mr. McLaren has extensive experience in operating E&P companies, field service, and negotiating M&A opportunities. He holds Master's Degrees in Science and Business from the University of British Columbia.

Patricia Kaelin, Chief Financial Officer (CFO)

Patricia Kaelin was appointed as Chief Financial Officer on May 2, 2023.

James Pendergast, Chief Operating Officer (COO)

James Pendergast was appointed as Chief Operating Officer on January 16, 2025. He is a senior executive with over 25 years of corporate finance and business leadership experience. Mr. Pendergast has a proven track record in corporate restructuring, arranging debt facilities, and completing equity financing. He has led major business development initiatives, including transformative acquisitions, major greenfield investments, and strategic partnerships, and has held senior financial roles in large publicly-traded organizations on the NYSE and TSX.

Douglas Nestor, President and Director

Douglas Nestor is an industry entrepreneur with over 35 years of global upstream operational experience. He has founded and managed traditional E&P, energy transition, and AI-based production software companies. Mr. Nestor holds a BS in Geology from Indiana University of Pa., completed Masters' studies in geology at the University of Houston-Clear Lake, and received an MBA in finance from the University of St. Thomas in Houston.

James Estrada Salisbury, VP Finance and Project Development

James Estrada Salisbury is a senior financial executive with over 35 years of banking and corporate financial experience, including a decade as a restructure/work-out officer for Bank of the West/BMO. He previously served as the Corporate Treasurer of a Fortune 500 food company for seven years. His private consulting work includes arranging private equity and bank financing lines for new business activities and financial restructuring for growing companies.

AI Analysis | Feedback

Olenox Industries (OLOX) faces several key risks following its recent rebranding from Safe & Green Holdings Corp. (SGBX) and its strategic pivot towards modular structures and engineered solutions.

  1. Significant Financial Challenges: Olenox Industries is experiencing substantial financial distress, evidenced by a weak gross profit margin of -63.44% and a current ratio of 0.18. This indicates that the company's short-term obligations significantly exceed its liquid assets.
  2. Uncertainty and Market Skepticism Post-Rebranding: Despite the company's intention for the rebranding to Olenox Industries and the new OLOX ticker to reflect a strategic shift, the market reacted negatively, with the stock price declining by 8.9% on its first trading day under the new name. This suggests market skepticism regarding the rebrand's impact beyond cosmetic changes. Furthermore, the company's press releases include extensive warnings about forward-looking statements and associated risks, signaling uncertainty about its future performance and strategic plans.
  3. Execution Challenges with Strategic Initiatives: The future success of Olenox Industries is heavily reliant on its ability to successfully integrate its recent acquisition of Giant Containers and advance its AI-driven wellsite monitoring system. There is a risk of execution challenges in consolidating subsidiaries, and failure to achieve these critical milestones could lead to further declines in stock value.

AI Analysis | Feedback

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AI Analysis | Feedback

Olenox Industries (OLOX) operates in several addressable markets, primarily focused on modular structures and engineered solutions for various sectors. Here are the estimated market sizes for its main products and services:

  • Prefabricated Modular Structures (Residential and Commercial):
    • Global Market: The modular and prefabricated construction market was valued at approximately USD 155.3 billion in 2023 and is projected to reach USD 254 billion by 2032.
    • U.S. Market: The U.S. modular and prefabricated construction market was valued at USD 38.6 billion in 2023.
  • Construction Administration and Project Management Services:
    • Global Market: The global construction project management service market was valued at USD 5.83 billion in 2023 and is projected to reach USD 11.37 billion by 2032.
    • U.S. Market: The market size of Construction Project Management Services in the U.S. is estimated at USD 372.5 billion in 2025.
  • Turnkey Solutions for Medical Testing and Treatment Businesses (Healthcare Construction):
    • Global Market: The global healthcare construction market size is forecasted to be valued at US$ 284.6 billion in 2024.
    • North America Market: North America's share of the healthcare construction market was US$ 103.0 billion in 2024.
    • Global Healthcare Facility Management Market: This market was projected to grow from USD 9.66 billion in 2026 to USD 19.30 billion by 2034.
    • North America Healthcare Facility Management Market: This market was valued at USD 3.82 billion in 2025.
  • Medical and Waste Management Solutions:
    • Global Market: The global medical waste management market size was valued at USD 14.06 billion in 2025 and is expected to exceed around USD 26.08 billion by 2034.
    • North America Market: North America held a market share of 31.14% in the global medical waste management market in 2024. This equates to approximately USD 4.38 billion based on the 2025 global market size.
  • Engineered Solutions for Industrial, Energy, and Infrastructure Markets (Containerized Systems):
    • Global Market (Containerized Data Centers, as a proxy for physical containerized systems): The global containerized data center market was valued at US$ 13.85 billion in 2024 and is projected to reach US$ 105.59 billion by 2033.
    • North America Market (Containerized Data Centers): North America holds approximately 34% of the global share in the containerized data center market in 2024. This equates to approximately US$ 4.71 billion based on the 2024 global market size.

AI Analysis | Feedback

Expected Drivers of Future Revenue Growth for Olenox Industries (OLOX)

Over the next 2-3 years, Olenox Industries (OLOX) is expected to drive future revenue growth through several key initiatives, primarily stemming from its strategic rebranding and focused expansion:

  • Expansion and Strategic Emphasis on Modular and Engineered Solutions: Olenox Industries recently rebranded from Safe & Green Holdings Corp., a move intended to sharpen its market identity and better reflect its role as a developer, designer, and fabricator of modular and containerized structures for rapid, sustainable deployment. This strategic emphasis on its modular and engineered solutions franchise is a core driver for future revenue.
  • Acquisitions and Scaling of Businesses in Industrial, Energy, and Infrastructure Markets: As an industrial holding company, Olenox Industries focuses on acquiring, operating, and scaling businesses that provide engineered solutions across industrial, energy, and infrastructure sectors. Recent activities, under its former ticker, include the completion of the acquisition of Giant Containers, a subsidiary focused on modular and containerized systems, and a letter of intent to acquire Rock Springs Energy Group.
  • Growth in Energy Sector Initiatives, including Advanced Battery Technologies: The company is actively expanding its presence in the energy market. Its subsidiary, Olenox Energy, has outlined an "aggressive drilling agenda slated to begin Q4 2025 and expand throughout 2026," and plans to implement AI algorithms to optimize wellsite production. Additionally, Olenox Industries is involved in developing and producing AI-enhanced lithium metal and lithium-ion rechargeable battery technologies for various applications such as electric vehicles, urban air mobility, drones, robotics, and battery energy storage systems.
  • Securing and Expanding Government Contracts: Olenox Industries has demonstrated a track record of securing and expanding contracts with government entities. Examples include expanded contracts for constructing modular electrical distribution centers and refurbishing container modules for government contractors, indicating a continued revenue stream from this sector.

AI Analysis | Feedback

Capital Allocation Decisions (2021-2025) for Olenox Industries (formerly Safe & Green Holdings Corp.)

Share Repurchases

  • In September 2022, Safe & Green Holdings Corp. increased its share buyback program to $1 million.

Share Issuance

  • Shareholders experienced substantial dilution in 2025.
  • An Equity Line of Credit (ELOC) agreement was entered into on May 29, 2025, with Generating Alpha Ltd. for up to $100 million in newly issued common stock, with initial activity reflecting an outstanding balance of $375,000 as of September 30, 2025.
  • During the nine months ended September 30, 2025, the company converted $765,090 of principal debt and $653,972 of accrued interest into 109,313 shares of common stock.

Inbound Investments

  • Safe & Green Holdings Corp. anticipated receiving $11 million in funding from Peak One Investments, LLC in April 2023.
  • In April 2025, the company expected to receive $7,999,999 in funding.

Outbound Investments

  • On December 19, 2025, Safe & Green Holdings (now Olenox Industries) completed the acquisition of Giant Containers, utilizing a mix of cash and stock consideration.
  • Through a merger with NAHD completed on February 13, 2025, the company acquired a 51% ownership interest in CycleAIM, Inc., and a 49% interest in Winchester LLC.

Capital Expenditures

  • The company's strategic shift in 2025, leading to its rebranding as Olenox Industries, involves focusing on an integrated energy company model, with plans to complete one drilling project in Q4 2025 and an ambitious drilling agenda for 2026 and beyond.
  • Relocation and consolidation of operations in Conroe, Texas, are underway.
  • The acquisition of Giant Containers in December 2025 is aimed at expanding into containerized power generation, crypto mining, and data center solutions.

Trade Ideas

Select ideas related to OLOX.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
EFX_2272026_Monopoly_xInd_xCD_Getting_Cheaper02272026EFXEquifaxMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
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0.0%0.0%0.0%
LZ_2202026_Dip_Buyer_High_CFO_Margins_ExInd_DE02202026LZLegalZoom.comDip BuyDB | 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
7.2%7.2%-5.0%
ADP_2132026_Dip_Buyer_ValueBuy02132026ADPAutomatic Data ProcessingDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
1.1%1.1%-3.0%
TREX_2132026_Dip_Buyer_ValueBuy02132026TREXTrexDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-3.2%-3.2%-5.9%
PCTY_2132026_Dip_Buyer_High_CFO_Margins_ExInd_DE02132026PCTYPaylocityDip BuyDB | 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
-0.6%-0.6%-4.8%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

OLOXGGGGHMGCDTGPGIMedian
NameOlenox I.Graco Graham Green Ci.GPGI  
Mkt Price1.2388.5581.622.4320.3320.33
Mkt Cap-14.70.9--7.8
Rev LTM32,237238-161199
Op Inc LTM-1161118-913
FCF LTM-5638-6-228
FCF 3Y Avg-854010-7141
CFO LTM-568413-2519
CFO 3Y Avg-765224-7952

Growth & Margins

OLOXGGGGHMGCDTGPGIMedian
NameOlenox I.Graco Graham Green Ci.GPGI  
Rev Chg LTM-42.6%5.8%19.0%--61.7%-18.4%
Rev Chg 3Y Avg-48.7%1.5%15.6%--15.3%-6.9%
Rev Chg Q-40.0%8.1%20.5%--100.0%-16.0%
QoQ Delta Rev Chg LTM-17.2%2.0%4.2%--40.0%-7.6%
Op Mgn LTM-329.5%27.3%7.5%-5.6%6.6%
Op Mgn 3Y Avg-201.2%27.9%5.3%-21.4%13.4%
QoQ Delta Op Mgn LTM-63.2%0.7%0.1%--12.3%-6.1%
CFO/Rev LTM-141.9%30.6%5.3%-15.7%10.5%
CFO/Rev 3Y Avg-123.6%29.9%12.4%-22.6%17.5%
FCF/Rev LTM-152.7%28.5%-2.6%-13.6%5.5%
FCF/Rev 3Y Avg-131.1%24.7%5.6%-20.4%13.0%

Valuation

OLOXGGGGHMGCDTGPGIMedian
NameOlenox I.Graco Graham Green Ci.GPGI  
Mkt Cap-14.70.9--7.8
P/S-6.63.8--5.2
P/EBIT-22.750.2--36.5
P/E-28.160.1--44.1
P/CFO-21.471.6--46.5
Total Yield-4.8%1.7%--3.2%
Dividend Yield-1.3%0.0%--0.6%
FCF Yield 3Y Avg-3.8%3.9%--3.9%
D/E-0.00.0--0.0
Net D/E--0.0-0.0---0.0

Returns

OLOXGGGGHMGCDTGPGIMedian
NameOlenox I.Graco Graham Green Ci.GPGI  
1M Rtn17.1%-4.5%-1.9%-40.7%-16.9%-4.5%
3M Rtn-15.8%6.4%40.9%-42.3%-1.0%-1.0%
6M Rtn-15.8%3.8%70.9%-42.3%9.9%3.8%
12M Rtn-15.8%2.5%153.5%-42.3%85.3%2.5%
3Y Rtn-15.8%33.1%467.2%-42.3%279.9%33.1%
1M Excs Rtn14.9%-1.2%13.6%-38.7%-6.1%-1.2%
3M Excs Rtn-14.2%8.7%44.0%-40.7%4.4%4.4%
6M Excs Rtn-19.4%-0.2%62.3%-45.9%5.9%-0.2%
12M Excs Rtn-31.1%-10.5%140.8%-57.6%53.8%-10.5%
3Y Excs Rtn-86.3%-37.6%403.4%-112.9%223.9%-37.6%

Comparison Analyses

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Financials

Short Interest

Short Interest: As Of Date2132026
Short Interest: Shares Quantity0.3 Mil
Short Interest: % Change Since 1312026-29.8%
Average Daily Volume0.3 Mil
Days-to-Cover Short Interest1
Basic Shares Quantity0.4 Mil
Short % of Basic Shares65.5%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative