Syntec Optics Holdings Inc. Class A Common Stock (OPTX)

FairStock Score: 24/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for durable economics at a sensible price. Syntec Optics is a small maker of optics and photonics components—polymer optics, assemblies, coatings—for defense, medical, industrial, and consumer markets. The supplied record shows uneven economics. Revenue slipped from $29.4M in FY2023 (period ended 2023-12-31) to $28.4M in FY2024 (period ended 2024-12-31) and $28.1M in FY2025 (period ended 2025-12-31). Net income went from +$2.0M in FY2023 to -$2.5M in FY2024 and -$1.8M in FY2025. That is not a compounding machine; it is a turnaround. The latest filed quarter, fiscal Q2 2026 (quarter ended 2026-06-30), showed revenue of $8.3M and net income of $256,237, or diluted EPS $0.01, but fiscal Q1 2026 (quarter ended 2026-03-31) lost $897,857. Consistency is unproven. Financial health has some positives: debt/equity is 0.14, and Altman Z-Score is 23.36 (FairStock calculation). But trailing free cash flow is -$407,994, Piotroski F-Score is 5/9, ROE is -11.64%, and ROCE is -2.64%. At the 2026-10-13 close of $7.66, FairStock shows market cap $308.5M, P/B 10.08, EV/EBITDA 288.97, negative P/E -109.43, and a 24/100 FairStock Score. I see no clear moat in these numbers; scale is tiny with 164 employees. The Lynch category is TURNAROUND—loss in latest year after earlier profits—but turnarounds must be bought with a margin of safety. Here, hope looks fully priced.

In plain English: Syntec Optics makes optical and photonics parts used in defense, medical, industrial, and consumer products. The business has mostly lost money in recent years, though the latest reported quarter showed a small profit. At the recent price, the stock looks expensive based on its profits, sales, and net assets.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer