OESX
Orion Energy Systems, Inc.
OESX's outlook is improving, though it still trails on the overall score.
VRT
Vertiv Holdings Co
VRT has the edge over OESX overall, supported by stronger valuation and lower modeled downside.
OESX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Under pressure | |
| Healthy |
OESX's revenue and balance sheet are currently healthy, and its profitability is stable, but its cash flow is under pressure.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
OESX PE Valuation
OESX has no meaningful PE right now: it lost money over the past year.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT's PE is in its cheap range at 39x. If earnings grow as analysts expect, today's price would be 23x next year's earnings.
OESX Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for OESX, with profitability improving. However, they disagree widely on these estimates.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for VRT, with profitability improving.
OESX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.92 | — |
| Q3 2026 | -$0.05 | +$1.82 |
| Q2 2026 | -$0.02 | +$2.78 |
| Q1 2026 | -$0.89 | +$2.71 |
| Q4 2025 | -$1.33 | +$0.97 |
| Q3 2025 | -$1.87 | +$0.63 |
| Q2 2025 | -$2.80 | $0.00 |
| Q1 2025 | -$3.60 | +$0.10 |
| Q4 2024 | -$2.30 | +$3.50 |
OESX lost $0.05 per share over the past year, a smaller loss than the year before.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over OESX on earnings quality, reporting a profit while its opponent remains loss making.
OESX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $21.7M | +8.9% |
| Q2 2026 | $25.7M | +32% |
| Q1 2026 | $25.7M | +23% |
| Q4 2025 | $21.1M | +7.7% |
| Q3 2025 | $19.9M | +2.9% |
| Q2 2025 | $19.6M | -1.7% |
| Q1 2025 | $20.9M | -21% |
| Q4 2024 | $19.6M | -25% |
OESX's revenue is recovering but still below its 2020 peak: $22M last quarter, up 8.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -3.4% | -2.2 points |
| Q2 2026 | 8.2% | +13 points |
| Q1 2026 | -3% | +9.7 points |
| Q4 2025 | 1.8% | +8.2 points |
| Q3 2025 | -1.2% | +16 points |
| Q2 2025 | -5.2% | +12 points |
| Q1 2025 | -13% | -20 points |
| Q4 2024 | -6.4% | +1.6 points |
OESX's operating margin was −3.4% last quarter, down 2.2 points from the same quarter a year ago.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over OESX on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over OESX on profitability, with a higher operating margin.
OESX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$3.4M | -319% |
| Q2 2026 | $1.3M | +$1.9M |
| Q1 2026 | -$1.5M | -$761K |
| Q4 2025 | -$645K | -117% |
| Q3 2025 | $1.6M | +217% |
| Q2 2025 | -$570K | +$2.4M |
| Q1 2025 | -$750K | -464% |
| Q4 2024 | $3.7M | +304% |
OESX's free cash flow was −$4M over the past year, against $4M the year before.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over OESX on cash generation, producing positive trailing cash flow while its opponent burns cash.
OESX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.6% | -64.7K shares |
| 1 year | +17% | +599K shares |
| 3 years | +26% | +848K shares |
| 5 years | +31% | +969K shares |
| Available history | +33% | +1M shares |
OESX has 4M diluted shares, up 17% from a year ago.
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has the edge over OESX on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
OESX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.6x | Healthy |
| Q2 2026 | 0.4x | Very low |
| Q1 2026 | 3.4x | Elevated |
| Q2 2022 | -3.2x | Net Cash |
| Q1 2022 | -1.5x | Net Cash |
| Q4 2021 | -1.3x | Net Cash |
| Q3 2021 | -0.9x | Net Cash |
| Q2 2021 | -1.1x | Net Cash |
OESX's net debt is about 1.6 years of its operating earnings (EBITDA), after holding more cash than debt a year ago.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has the edge over OESX on leverage, with a lower net debt burden relative to earnings.
OESX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.8 | Neutral |
| Stochastic | 23.3 | Neutral |
OESX's weekly RSI is 41 (neutral) and its Stochastic is 23 (neutral).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
OESX PE vs Industrials Sector
| Metric | OESX | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
OESX has no meaningful PE right now: it lost money over the past year.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
OESX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $21.9 | 40% below |
| 20 week MA | $19.7 | 33% below |
| 50 week MA | $15.1 | 13% below |
| 100 week MA | $11.5 | 13% above |
| 200 week MA | $11.9 | 9.9% above |
OESX has slipped below its 8-, 20- and 50-week averages, though it's still 9.9% above its 200-week average.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 70% above its 200-week average.
OESX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $34.7 | $100.9 | +191% |
| 2021 | $100.9 | $35.9 | -64% |
| 2022 | $35.9 | $19.5 | -46% |
| 2023 | $19.5 | $8.67 | -56% |
| 2024 | $8.67 | $7.80 | -10% |
| 2025 | $7.80 | $15.8 | +103% |
| 2026 YTD | $15.8 | $13.1 | -17% |
OESX's yearly returns have swung widely, from +191% in 2020 to −64% in 2021. It's down 17% so far in 2026.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over OESX on returns for 2026, with the stronger performance.