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Inrad Optics Inc INRD

Morningstar Rating
$1.07 −0.01 (0.93%)
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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 52% discount.
Price
$1.08
Fair Value
$7.83
Uncertainty
Extreme
1-Star Price
$35.55
5-Star Price
$2.25
Economic Moat
Snyqs
Capital Allocation
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News

Trading Information

Previous Close Price
$1.08
Day Range
$1.071.07
52-Week Range
$0.451.73
Bid/Ask
$1.07 / $1.08
Market Cap
$15.24 Mil
Volume/Avg
10,000 / 49,543

Key Statistics

Price/Earnings (Normalized)
6.47
Price/Sales
1.43
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
61

Valuation

Metric
INRD
Price/Earnings (Normalized)
6.47
Price/Book Value
2.32
Price/Sales
1.43
Price/Cash Flow
9.68
Price/Earnings
INRD

Financial Strength

Metric
INRD
Quick Ratio
2.00
Current Ratio
3.67
Interest Coverage
12.48
Quick Ratio
INRD

Profitability

Metric
INRD
Return on Assets (Normalized)
27.27%
Return on Equity (Normalized)
57.39%
Return on Invested Capital (Normalized)
34.84%
Return on Assets
INRD
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