Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Omni-Lite Industries Canada, Inc. develops, manufactures, and sells precision components to Fortune 100 companies in the United States, Canada, and Barbados. It operates through the following segments: Forged, Electronic, and Investment Casting Components. It offers vibration resistant stainless steel fastener components for the aerospace industry, brake, transmission, and engine parts, as well as transmission valves for the automotive industry, inventory control cups for inventory control systems that are used by the retail clothing industry, links and head caps for the military sector, and ceramic track spikes for the sports and recreation industry. The company also sells its track spikes online. The company was founded by David F. Grant in 1992 and is headquartered in Cerritos, CA.
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, neutral on EV/