ScoreWhy is IRIDEX Corp. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 5.72% and Operating profit at 9.23% over the last 5 years
2
Risky - Negative EBITDA
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -47.86%, its profits have risen by 34.8%
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -47.86% returns in the last 1 year, the stock has also underperformed S&P 500 in each of the last 3 annual periods
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.
-50.56%
-0.69
81.30%
S&P 500
13.22%
0.61
20.17%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
5.72%
EBIT Growth (5y)
9.23%
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)
5.71
Tax Ratio
0.59%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
23.25%
ROCE (avg)
0
ROE (avg)
0
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
16.34
EV to EBIT
-3.81
EV to EBITDA
-5.21
EV to Capital Employed
4.54
EV to Sales
0.41
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-119.28%
ROE (Latest)
-713.20%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend11What is working for the Company
INVENTORY TURNOVER RATIO(HY)
Highest at 3.1 times
NET SALES(Q)
Highest at USD 13.57 MM
PRE-TAX PROFIT(Q)
At USD -0.97 MM has Grown at 45.11%
NET PROFIT(Q)
At USD -0.99 MM has Grown at 44.25%
-1What is not working for the Company
RAW MATERIAL COST(Y)
Grown by 15.59% (YoY
Here's what is working for IRIDEX Corp.
Net Sales
Highest at USD 13.57 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (USD MM)
Pre-Tax Profit
At USD -0.97 MM has Grown at 45.11%
over average net sales of the previous four periods of USD -1.77 MMMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (USD MM)
Net Profit
At USD -0.99 MM has Grown at 44.25%
over average net sales of the previous four periods of USD -1.78 MMMOJO Watch
Near term Net Profit trend is positive
Net Profit (USD MM)
Inventory Turnover Ratio
Highest at 3.1 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.
Raw Material Cost
Grown by 15.59% (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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