Omnitek Engineering (OMTK) AI Stock Analysis

• Market Cap: $362.14K
• Dividend Yield: N/A
• Average Volume (3M): 15.87K
• Price to Earnings (P/E): 2.4
• Beta (1Y): 0.58
• Revenue Growth: 36.81%
• EPS Growth: N/A
• Country: US
• Employees: 6
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): <0.01
• Shares Outstanding: 21,948,092
• 10 Day Avg. Volume: 1,364
• 30 Day Avg. Volume: 15,867
• PEG Ratio: 0.12
• Price to Book (P/B): -0.34
• Price to Sales (P/S): 0.45
• P/FCF Ratio: 19.29
• Enterprise Value/Market Cap: 2.62
• Enterprise Value/Revenue: 0.64
• Enterprise Value/Gross Profit: 1.52
• Enterprise Value/Ebitda: 3.50
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 35 Underperform
• Price Target: ―

Omnitek Engineering's stock score is heavily impacted by its poor financial performance, marked by ongoing net losses and high leverage, raising concerns about its operational sustainability. Technical indicators also point to a bearish outlook, with the stock trading below key averages. The valuation provides little relief due to a negative P/E ratio and lack of dividends, making it less attractive to investors. Overall, significant improvements are necessary to enhance the stock's prospects.

Omnitek Engineering Business Overview & Revenue Model

Company Description

Omnitek Engineering (OMTK) is a company specializing in the development, manufacture, and distribution of advanced engine management systems and conversion technology for alternative fuels. The company operates in sectors related to automotive engineering and energy efficiency, focusing primarily on providing solutions that allow for the conversion of diesel engines to operate on natural gas and other alternative fuels, thereby promoting environmental sustainability and cost efficiency.

How the Company Makes Money

Omnitek Engineering generates revenue primarily through the sale of its proprietary engine conversion kits and components, which enable diesel engines to operate on alternative fuels such as natural gas. The company also offers engineering services, including custom engine development and conversion support, which contribute to its income stream. Additionally, Omnitek maintains partnerships with automotive manufacturers and fleet operators, which help in expanding its market reach and enhancing sales. These strategic relationships, along with the global push towards green energy solutions, play a significant role in driving the company's earnings.

Omnitek Engineering Financial Statement Overview

Summary

Omnitek Engineering is facing substantial financial challenges across all key financial verticals. While there are minor improvements in certain areas, such as modest increases in gross profit margins and free cash flow, the overarching issues of net losses, high leverage, and negative equity persist. These factors raise concerns about the company's ability to sustain operations and achieve financial stability in the future.

Income Statement

Omnitek Engineering's income statement reflects ongoing challenges with profitability. The gross profit margin has improved slightly, but the company remains in a net loss position with negative EBIT and EBITDA margins, indicating operational inefficiencies. Revenue has been declining over recent years, showing a concerning trend for growth prospects.

Balance Sheet

The balance sheet reveals significant financial distress. The company's negative stockholders' equity suggests insolvency, and the high debt-to-equity ratio signals potential liquidity issues. The equity ratio is negative, further highlighting the company's reliance on debt financing, which could be a risk in the long term.

Cash Flow

Cash flow analysis shows a modest improvement in free cash flow, but the operating cash flow to net income ratio remains low, indicating insufficient cash generation from operations. The company has managed to maintain positive free cash flow recently, yet historical volatility remains a concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.48M	1.02M	1.06M	1.07M	1.10M	876.00K
Gross Profit	626.07K	457.87K	410.65K	421.36K	475.81K	287.05K
EBITDA	271.34K	-9.50K	-62.63K	-44.66K	102.88K	-468.51K
Net Income	106.87K	-167.14K	-215.41K	-196.71K	17.41K	-489.71K
Balance Sheet
Total Assets	875.99K	1.12M	847.16K	1.11M	1.43M	976.77K
Cash, Cash Equivalents and Short-Term Investments	32.64K	104.44K	73.70K	56.38K	59.67K	60.73K
Total Debt	482.58K	508.28K	633.15K	751.79K	868.70K	314.00K
Total Liabilities	2.12M	2.46M	2.03M	2.10M	2.23M	1.85M
Stockholders Equity	-1.24M	-1.35M	-1.19M	-986.06K	-807.69K	-874.13K
Cash Flow
Free Cash Flow	-69.22K	23.74K	17.21K	7.79K	-144.65K	-247.51K
Operating Cash Flow	-69.22K	30.08K	17.21K	9.24K	-130.15K	-247.51K
Investing Cash Flow	0.00	-6.33K	0.00	-1.45K	-14.50K	0.00
Financing Cash Flow	64.00K	7.00K	113.00	-11.09K	143.59K	288.00K

Omnitek Engineering Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OMTK, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 45.17 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for OMTK.

Omnitek Engineering Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
SES	54 Neutral	$758.74M	―	-33.69%	―	―	-15.43%
FRSX	48 Neutral	$9.29M	-0.06	―	―	-12.27%	57.49%
AEVA	48 Neutral	$735.64M	―	-192.35%	―	89.90%	5.13%
INVZ	41 Neutral	$335.29M	―	-72.45%	―	17.32%	37.70%
LAZR	39 Underperform	$85.96M	―	―	―	-5.22%	84.74%
OMTK	35 Underperform	$362.14K	2.45	―	―	36.81%	―