Stocktoria
ORION ENERGY SYSTEMS, INC. OESX
ORION ENERGY SYSTEMS, INC. (OESX) earns a Piotroski F-score of 6/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2026 revenue was $86.3M at a -3.7% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.54 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 6/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.213 |
| Retained earnings / assets | -2.288 |
| EBIT / assets | -0.032 |
| Equity / liabilities | 0.475 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| OESX | ORION ENERGY SYSTEMS, INC. | 6/9 | -5.77 | — | +8.3% |
| SKYX | SKYX Platforms Corp. | 2/9 | -16.73 | — | +6.6% |
| CCTG | CCSC Technology International Holdings Ltd | 2/9 | 3.56 | — | -1.9% |
| EFOI | ENERGY FOCUS, INC/DE | 3/9 | — | — | — |
| PCLA | PicoCELA Inc. | 2/9 | -8.22 | — | -30.6% |
| LYTS | LSI INDUSTRIES INC | 5/9 | 4.22 | 40 | +22.1% |
| AYI | ACUITY INC. (DE) | 4/9 | 6.26 | 27.7 | +13.1% |
About ORION ENERGY SYSTEMS, INC.
Orion Energy Systems, Inc., together with its subsidiaries, research, designs, develops, manufactures, markets, sells, installs, and implements energy management systems for commercial office and retail, area lighting, industrial applications, and government in North America and Germany. It operates through three segments: Lighting, Maintenance, and Electric Vehicle (EV). The company offers light emitting diode LED lighting products; construction and engineering services for commercial lighting and energy management system; lighting and electrical system maintenance, repair, and replacement services; and EV charging station and turnkey installation solutions. It also provides LED high bay fixtures and LED troffer retrofits; smart lighting controls, a wireless Internet of Things enabled control solution that provides lighting control options and data intelligence capabilities for building managers; and various LED fixtures for lighting and energy management needs comprising fixtures for agribusinesses, parking lots, retail, mezzanine, outdoor applications, and private label resale. In addition, the company offers lighting-related energy management services, such as site assessment, site field verification, utility incentive and government subsidy management, engineering design, project engineering, project management, facility design commissioning, lighting and electrical system, and recycling. Further, it serves customers directly and through independent sales agencies and distributors, turnkey installation services national, account end-users, federal and state government facilities, regional account end-users, electrical distributors, electrical contractors, and energy service companies. Orion Energy Systems, Inc. was incorporated in 1996 and is headquartered in Manitowoc, Wisconsin.
FAQ
Is OESX financially healthy?
ORION ENERGY SYSTEMS, INC.'s Piotroski F-score is 6/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does OESX pay a dividend?
No, ORION ENERGY SYSTEMS, INC. does not currently pay a dividend.
How profitable is OESX?
In FY2026, ORION ENERGY SYSTEMS, INC. had a net margin of -3.7% and a return on equity of -19.0%.
Is OESX overvalued or undervalued?
ORION ENERGY SYSTEMS, INC. trades at about 108.4× trailing earnings — below its 10-year norm (10-year range 72.5×–1050.0×, median 141.6×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for OESX?
The average Wall-Street price target for ORION ENERGY SYSTEMS, INC. is $22.00, about 6.8% above the recent price, from 2 analysts.
Is OESX a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on ORION ENERGY SYSTEMS, INC.: a Piotroski F-score of 6/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2026-03-31. Facts plus Stocktoria's own computed scores — not investment advice.