Skip to Content

Inrad Optics Inc INRD

Morningstar Rating
$1.20 −0.06 (4.76%)
View Full Chart
Unlock our analysis with Morningstar Investor

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

INRD is trading at a 49% discount.
Price
$1.21
Fair Value
$2.80
Uncertainty
Extreme
1-Star Price
$23.43
5-Star Price
$4.66
Economic Moat
Tpkr
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if INRD is a good fit for your portfolio.

Trading Information

Previous Close Price
$1.26
Day Range
$1.201.20
52-Week Range
$0.451.73
Bid/Ask
$0.95 / $1.30
Market Cap
$17.04 Mil
Volume/Avg
350 / 2,608

Key Statistics

Price/Earnings (Normalized)
12.85
Price/Sales
1.63
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Inrad Optics Inc develops, manufactures and markets products and services for use in photonics industry sectors. It is a vertically integrated manufacturer focusing on crystal-based optical components and devices, custom optical components from both glass and metal, and precision optical and optomechanical assemblies. Its product categories include Optical Components and Laser System Devices/Instrumentation. The company's customers include corporations in the defense, aerospace, laser systems, process control, and metrology sectors of the photonics industry, as well as the United States Government, National Laboratories and universities around the world.
Sector
Technology
Industry
Electronic Components
Stock Style Box
Small Value
Total Number of Employees
59

Valuation

Metric
INRD
Price/Earnings (Normalized)
12.85
Price/Book Value
3.32
Price/Sales
1.63
Price/Cash Flow
12.94
Price/Earnings
INRD

Financial Strength

Metric
INRD
Quick Ratio
2.03
Current Ratio
3.43
Interest Coverage
11.22
Quick Ratio
INRD

Profitability

Metric
INRD
Return on Assets (Normalized)
17.57%
Return on Equity (Normalized)
39.57%
Return on Invested Capital (Normalized)
23.49%
Return on Assets
INRD
See how this stock stacks up to its competitors with Morningstar Investor

Electronic Components Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
APH
Amphenol Corp Class APlvq$64.8 Bil
HNHPF
Hon Hai Precision Industry Co Ltd DRRbbc$45.3 Bil
TEL
TE Connectivity LtdCgqxlm$44.1 Bil
MRAAY
Murata Manufacturing Co Ltd ADRCgvrcr$38.0 Bil
MRAAF
Murata Manufacturing Co LtdXxmwvt$38.0 Bil
GLW
Corning IncZmnbm$27.7 Bil
TTDKF
TDK CorpYfl$19.9 Bil
TTDKY
TDK Corp ADRQkglh$19.9 Bil
JBL
Jabil IncMwfz$17.9 Bil
LFUS
Littelfuse IncTlrlc$6.0 Bil

Sponsor Center