OPXS
Optex Systems Holdings, Inc
OPXS has lower modeled downside risk, despite its lower overall score.
RKLB
Rocket Lab USA, Inc.
RKLB has the edge over OPXS overall, supported by stronger fundamentals and stronger valuation.
OPXS Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| Under pressure | |
| Strong |
OPXS's balance sheet is currently strong, and its profitability is stable, but its revenue and cash flow are under pressure.
RKLB Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
RKLB's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
OPXS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.3x | $4.49 | -48% |
| Fair | 15x | $8.18 | -4.7% |
| Current | 16x | $8.58 | — |
| Expensive | 20x | $10.93 | +27% |
Historical ranges are pointers, not guarantees.
OPXS's PE is in its fair range at 16x.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
OPXS Forward outlook
There aren't enough analyst estimates for OPXS to show an outlook.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RKLB's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
OPXS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $0.54 | -28% |
| Q1 2026 | $0.58 | -18% |
| Q4 2025 | $0.65 | +6.6% |
| Q3 2025 | $0.74 | +35% |
| Q2 2025 | $0.75 | +23% |
| Q1 2025 | $0.71 | +37% |
| Q4 2024 | $0.61 | +42% |
| Q3 2024 | $0.55 | +62% |
OPXS has the edge over RKLB on earnings quality, reporting a profit while its opponent remains loss making.
RKLB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.36 | +$0.03 |
| Q2 2026 | -$0.27 | +$0.19 |
| Q1 2026 | -$0.32 | +$0.09 |
| Q4 2025 | -$0.37 | +$0.01 |
| Q3 2025 | -$0.39 | -$0.02 |
| Q2 2025 | -$0.46 | -$0.11 |
| Q1 2025 | -$0.41 | -$0.04 |
| Q4 2024 | -$0.38 | $0.00 |
RKLB is still losing money, but less than at its worst: $0.36 per share over the past year, against $0.46 at its worst in mid-2025.
OPXS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $9.7M | -12% |
| Q1 2026 | $9.6M | -10% |
| Q4 2025 | $9.1M | +12% |
| Q3 2025 | $11.3M | +20% |
| Q2 2025 | $11.1M | +23% |
| Q1 2025 | $10.7M | +26% |
| Q4 2024 | $8.2M | +18% |
| Q3 2024 | $9.4M | +17% |
OPXS's revenue has held roughly level: $10M last quarter, down 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 14% | -2.9 points |
| Q1 2026 | 17% | -3.6 points |
| Q4 2025 | 1.6% | -9.5 points |
| Q3 2025 | 18% | +4.5 points |
| Q2 2025 | 17% | -0.6 points |
| Q1 2025 | 21% | +4.9 points |
| Q4 2024 | 11% | +3.2 points |
| Q3 2024 | 14% | -7.3 points |
OPXS has the edge over RKLB on profitability, with a higher operating margin.
RKLB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $267.8M | +73% |
| Q2 2026 | $234.1M | +62% |
| Q1 2026 | $200.3M | +63% |
| Q4 2025 | $179.7M | +36% |
| Q3 2025 | $155.1M | +48% |
| Q2 2025 | $144.5M | +36% |
| Q1 2025 | $122.6M | +32% |
| Q4 2024 | $132.4M | +121% |
RKLB has the edge over OPXS on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -30% | +8.5 points |
| Q2 2026 | -25% | +17 points |
| Q1 2026 | -28% | +20 points |
| Q4 2025 | -28% | +11 points |
| Q3 2025 | -38% | +12 points |
| Q2 2025 | -41% | -0.5 points |
| Q1 2025 | -48% | -1.9 points |
| Q4 2024 | -39% | +41 points |
RKLB's operating margin was −30% last quarter, up 8.5 points from the same quarter a year ago.
OPXS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $2.1M | +53% |
| Q1 2026 | -$1.6M | -256% |
| Q4 2025 | -$548K | -122% |
| Q3 2025 | $1.5M | +179% |
| Q2 2025 | $1.4M | +$1.6M |
| Q1 2025 | $1.1M | +$2.4M |
| Q4 2024 | $2.5M | +13% |
| Q3 2024 | $545K | -50% |
OPXS has the edge over RKLB on cash generation, producing positive trailing cash flow while its opponent burns cash.
RKLB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$23.9M | +$45.5M |
| Q2 2026 | -$110.1M | -$54.8M |
| Q1 2026 | -$77.4M | +$5.5M |
| Q4 2025 | -$114.2M | -$90.2M |
| Q3 2025 | -$69.4M | -$27.5M |
| Q2 2025 | -$55.3M | -$26.9M |
| Q1 2025 | -$82.9M | -$61.1M |
| Q4 2024 | -$23.9M | +$28.7M |
RKLB has burned cash in almost every quarter: −$326M over the past year, against −$232M the year before.
OPXS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +9.8K shares |
| 1 year | +0.1% | +5.4K shares |
| 3 years | +3.7% | +249K shares |
| 5 years | -15% | -1.2M shares |
| Available history | -18% | -1.6M shares |
OPXS has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2021 | $74,000 |
RKLB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.6% | +22.6M shares |
| 1 year | +23% | +124M shares |
| 3 years | +35% | +168M shares |
| 5 years | +46% | +204M shares |
RKLB has 652M diluted shares, up 23% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
OPXS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -1.1x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
| Q4 2025 | -0.9x | Net Cash |
| Q4 2024 | -0.4x | Net Cash |
| Q3 2024 | -0.2x | Net Cash |
| Q2 2024 | -0.1x | Net Cash |
| Q1 2024 | -0.1x | Net Cash |
| Q4 2023 | -0.6x | Net Cash |
OPXS has more cash than debt.
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
OPXS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.4 | Neutral |
| Stochastic | 13.5 | Oversold |
OPXS's weekly RSI is 33 (neutral) and its Stochastic is 14 (oversold).
RKLB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.8 | Neutral |
| Stochastic | 27.6 | Neutral |
RKLB's weekly RSI is 47 (neutral) and its Stochastic is 28 (neutral).
OPXS PE vs Industrials Sector
| Metric | OPXS | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 24x | 34% below |
| PE % | 56 | 58 | 2 pts below |
OPXS is trading at 16x earnings, a 34% discount to the Industrials sector's median of 24x.
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
OPXS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.54 | 10% below |
| 20 week MA | $10.7 | 19% below |
| 50 week MA | $12.1 | 29% below |
| 100 week MA | $10.9 | 21% below |
| 200 week MA | $8.22 | 4.4% above |
OPXS has fallen below most of its moving averages, though it's still 4.4% above its 200-week average.
RKLB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.4 | 4.3% above |
| 20 week MA | $68.1 | 5.9% below |
| 50 week MA | $77.6 | 17% below |
| 100 week MA | $56.5 | 13% above |
| 200 week MA | $31.4 | 104% above |
RKLB has the edge over OPXS on trend strength, trading above more of its moving averages.
OPXS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.02 | $1.73 | -14% |
| 2021 | $1.73 | $1.79 | +3.5% |
| 2022 | $1.79 | $2.91 | +63% |
| 2023 | $2.91 | $6.55 | +125% |
| 2024 | $6.55 | $7.02 | +7.2% |
| 2025 | $7.02 | $14.1 | +100% |
| 2026 YTD | $14.1 | $8.58 | -39% |
OPXS is down 39% so far in 2026, after finishing higher in five of the previous six years.
RKLB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.82 | $10.3 | +4.9% |
| 2021 | $10.3 | $12.0 | +17% |
| 2022 | $12.0 | $3.77 | -69% |
| 2023 | $3.77 | $5.53 | +47% |
| 2024 | $5.53 | $27.2 | +392% |
| 2025 | $27.2 | $70.7 | +160% |
| 2026 YTD | $70.7 | $64.1 | -9.3% |
RKLB has the edge over OPXS on returns for 2026, with the stronger performance.