ScoreWhy is IRIDEX Corp. ?
1
Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 0%
- Poor long term growth as Net Sales has grown by an annual rate of 7.18% and Operating profit at 10.03% over the last 5 years
- Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -7.70
2
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of 23.95%, its profits have risen by 53.9%
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Pharmaceuticals & Biotechnology)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is IRIDEX Corp. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
IRIDEX Corp.
25.49%
-0.61
72.62%
S&P 500
20.78%
1.67
13.28%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
7.18%
EBIT Growth (5y)
10.03%
EBIT to Interest (avg)
-7.70
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
3.52
Sales to Capital Employed (avg)
5.91
Tax Ratio
0.59%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
23.84%
ROCE (avg)
0
ROE (avg)
0
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
3.64
EV to EBIT
-5.29
EV to EBITDA
-10.40
EV to Capital Employed
4.21
EV to Sales
0.32
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-79.61%
ROE (Latest)
-108.67%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend12What is working for the Company
OPERATING CASH FLOW(Y)
Highest at USD -2.31 MM
INVENTORY TURNOVER RATIO(HY)
Highest at 3.49 times
PRE-TAX PROFIT(Q)
At USD -0.47 MM has Grown at 57.44%
NET PROFIT(Q)
At USD -0.52 MM has Grown at 52.76%
-3What is not working for the Company
RAW MATERIAL COST(Y)
Grown by 7.21% (YoY
NET SALES(Q)
Lowest at USD 11.8 MM
Here's what is working for IRIDEX Corp.
Operating Cash Flow
Highest at USD -2.31 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (USD MM)
Pre-Tax Profit
At USD -0.47 MM has Grown at 57.44%
over average net sales of the previous four periods of USD -1.1 MMMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (USD MM)
Net Profit
At USD -0.52 MM has Grown at 52.76%
over average net sales of the previous four periods of USD -1.11 MMMOJO Watch
Near term Net Profit trend is positive
Net Profit (USD MM)
Inventory Turnover Ratio
Highest at 3.49 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Here's what is not working for IRIDEX Corp.
Net Sales
Lowest at USD 11.8 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (USD MM)
Net Sales
At USD 11.8 MM has Fallen at -10.4%
over average net sales of the previous four periods of USD 13.17 MMMOJO Watch
Near term sales trend is negative
Net Sales (USD MM)
Raw Material Cost
Grown by 7.21% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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