AAOI
Applied Optoelectronics, Inc.
AAOI lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
CETX
Cemtrex, Inc.
There isn't enough reported data to score CETX yet.
AAOI Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
AAOI's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
CETX Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Under pressure | |
| Weak | |
| Strong |
CETX's balance sheet is currently strong, but its revenue, profitability and cash flow are under pressure.
AAOI PE Valuation
AAOI has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 18x next year's earnings.
CETX PE Valuation
CETX has no meaningful PE right now: it lost money over the past year.
AAOI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect AAOI to return to profit, with revenue growing. However, they disagree widely on these estimates.
CETX Forward outlook
There aren't enough analyst estimates for CETX to show an outlook.
AAOI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.98 | — |
| Q3 2026 | -$0.42 | +$3.02 |
| Q2 2026 | -$0.77 | +$2.81 |
| Q1 2026 | -$0.65 | +$3.43 |
| Q4 2025 | -$0.64 | +$3.86 |
| Q3 2025 | -$3.44 | -$1.41 |
| Q2 2025 | -$3.58 | -$1.70 |
| Q1 2025 | -$4.08 | -$2.29 |
| Q4 2024 | -$4.50 | -$2.75 |
AAOI has the edge over CETX in the latest year-over-year earnings comparison.
CETX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q1 2024 | -$1,618,283.81 | +$2,641,087.30 |
| Q4 2023 | -$1,408,429.46 | +$4,826,192.34 |
| Q3 2023 | -$3,641,731.48 | +$2,091,268.52 |
CETX is still losing money, but far less than before: $1,618,283.81 per share over the past year, against $113,667,750.00 at its worst in mid-2019.
AAOI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $269.9M | +127% |
| Q2 2026 | $191.9M | +86% |
| Q1 2026 | $151.1M | +51% |
| Q4 2025 | $134.3M | +34% |
| Q3 2025 | $118.6M | +82% |
| Q2 2025 | $103M | +138% |
| Q1 2025 | $99.9M | +146% |
| Q4 2024 | $100.3M | +66% |
AAOI has the edge over CETX on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -0.5% | +15 points |
| Q2 2026 | -13% | +2.6 points |
| Q1 2026 | -8.6% | +0.3 points |
| Q4 2025 | -8.6% | -2.1 points |
| Q3 2025 | -15% | +10 points |
| Q2 2025 | -16% | +45 points |
| Q1 2025 | -8.9% | +44 points |
| Q4 2024 | -6.5% | +1 points |
AAOI has the edge over CETX on profitability, with a higher operating margin.
CETX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $18.4M | +8.7% |
| Q1 2026 | $18.1M | -34% |
| Q4 2025 | $16.1M | +17% |
| Q3 2025 | $18.5M | +2.2% |
| Q2 2025 | $17M | +16% |
| Q1 2025 | $27.3M | +59% |
| Q4 2024 | $13.7M | -19% |
| Q3 2024 | $18.1M | +9.3% |
CETX's revenue is recovering but still below its 2025 peak: $18M last quarter, up 8.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -6.5% | -2.7 points |
| Q1 2026 | -12% | -29 points |
| Q4 2025 | -17% | -0.8 points |
| Q3 2025 | -6.4% | -4.6 points |
| Q2 2025 | -3.8% | +18 points |
| Q1 2025 | 17% | +23 points |
| Q4 2024 | -17% | -12 points |
| Q3 2024 | -1.8% | -1.6 points |
CETX's operating margin was −6.5% last quarter, down 2.7 points from the same quarter a year ago.
AAOI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$369.9M | -$291.2M |
| Q2 2026 | -$265.3M | -$174.4M |
| Q1 2026 | -$143.6M | -$64.3M |
| Q4 2025 | -$104.6M | -$51.6M |
| Q3 2025 | -$78.7M | -$58M |
| Q2 2025 | -$91M | -$86M |
| Q1 2025 | -$79.3M | -$45.1M |
| Q4 2024 | -$53M | -$48.4M |
AAOI has burned cash in almost every quarter: −$883M over the past year, against −$302M the year before.
CETX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$219.6K | -113% |
| Q1 2026 | -$4.6M | -293% |
| Q4 2025 | -$1.1M | +$1.1M |
| Q3 2025 | -$3.7M | -$1M |
| Q2 2025 | $1.7M | +188% |
| Q1 2025 | $2.4M | +635% |
| Q4 2024 | -$2.1M | +$1.3M |
| Q3 2024 | -$2.7M | -$1.4M |
CETX has the edge over AAOI on cash flow, with more consistent year-over-year improvement.
AAOI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +7.7% | +6.3M shares |
| 1 year | +39% | +24.5M shares |
| 3 years | +168% | +55.1M shares |
| 5 years | +224% | +60.7M shares |
| Available history | +340% | +67.9M shares |
AAOI has the edge over CETX on shareholder dilution, with a more favorable share count trend.
CETX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +34% | +347K shares |
| 1 year | +10018% | +1.4M shares |
| 3 years | +68562400% | +1.4M shares |
| 5 years | +137124900% | +1.4M shares |
CETX has 1M diluted shares, up 10018% from a year ago.
AAOI Net Leverage
AAOI's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
CETX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2025 | -5.5x | Net Cash |
| Q3 2025 | 4.6x | High |
| Q2 2025 | 4.2x | High |
| Q1 2025 | 102.4x | High |
| Q4 2023 | 74.3x | High |
CETX has more cash than debt.
AAOI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.1 | Neutral |
| Stochastic | 4.8 | Oversold |
AAOI's weekly RSI is 35 (neutral) and its Stochastic is 5 (oversold).
CETX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 23.9 | Oversold |
| Stochastic | 1.6 | Oversold |
CETX's weekly RSI is 24 (oversold) and its Stochastic is 2 (oversold).
AAOI PE vs Technology Sector
AAOI has no meaningful PE right now: it lost money over the past year.
CETX PE vs Technology Sector
CETX has no meaningful PE right now: it lost money over the past year.
AAOI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $80.2 | 34% below |
| 20 week MA | $100.6 | 47% below |
| 50 week MA | $100.3 | 47% below |
| 100 week MA | $62.3 | 15% below |
| 200 week MA | $36.9 | 43% above |
AAOI has the edge over CETX on trend strength, trading above more of its moving averages.
CETX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.51 | 58% below |
| 20 week MA | $2.18 | 71% below |
| 50 week MA | $9.02 | 93% below |
| 100 week MA | $108.0 | 99% below |
| 200 week MA | $665,139.0 | 100% below |
CETX is in a downtrend: it's below all five of its weekly moving averages, and 100% below its 200-week average.
AAOI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.5 | $8.77 | -24% |
| 2021 | $8.77 | $5.64 | -36% |
| 2022 | $5.64 | $1.95 | -65% |
| 2023 | $1.95 | $19.3 | +891% |
| 2024 | $19.3 | $37.7 | +95% |
| 2025 | $37.7 | $37.2 | -1.5% |
| 2026 YTD | $37.2 | $52.9 | +42% |
AAOI has the edge over CETX on returns for 2026, with the stronger performance.
CETX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13,671,000.0 | $17,309,250.0 | +27% |
| 2021 | $17,309,250.0 | $9,427,477.5 | -46% |
| 2022 | $9,427,477.5 | $1,093,051.6 | -88% |
| 2023 | $1,093,051.6 | $1,578,150.0 | +44% |
| 2024 | $1,578,150.0 | $460.5 | -100% |
| 2025 | $460.5 | $22.8 | -95% |
| 2026 YTD | $22.8 | $0.63 | -97% |
CETX has finished lower in four of the last six years. It's down 97% so far in 2026.