Orbit International Corp

Orbit International Corp has a market price of $2.37 and a market cap of $7.92 million, with a price-to-book ratio of 0.62 and a price-to-tangible-book ratio of 0.62, indicating a discount to its book value. The company's enterprise value to EBITDA is negative at -2.06, reflecting its operating losses, while its enterprise value to revenue is 0.44, suggesting a low valuation relative to revenue. The company's return on equity is -39.3%, and its return on assets is -22.6%, both significantly below industry norms. The company's profitability is weak, with a net loss of $5.03 million and an operating loss of $4.78 million in the latest period. Gross profit of $5.75 million represents a 25.6% margin, which is below the median for its industry. The company's debt-to-equity ratio is 0.21, and its current ratio is 1.66, indicating moderate liquidity but limited capacity to absorb shocks. Orbit International Corp's revenue is concentrated in its Electronics and Power Groups, with no disclosed geographic breakdown. The company's exposure to military programs is a key differentiator, but this also introduces concentration risk in terms of customer and application. The company's long-term debt of $2.63 million and cash and equivalents of $684,000 suggest a net cash position of -$1.95 million, raising concerns about liquidity. The company's growth trajectory is uncertain, with no disclosed revenue growth in the latest period. The outlook for the current fiscal year is negative, with no clear path to profitability. The company's operating losses and negative returns suggest a need for significant operational improvements or restructuring. The company's risk profile is moderate, with a liquidity risk score of medium and a dilution risk score of low. The key risk flag is the negative net cash position after subtracting total debt, which could limit the company's ability to fund operations or invest in growth. The company has not disclosed any recent dilutive events, and its shares outstanding have not changed, suggesting no immediate dilution pressure. Recent events include the company's latest financial results, which show continued losses and a negative return on equity. The company has not disclosed any material events in its filings or transcripts that would suggest a change in strategy or operational performance.