MeritValue

OMNIQ Corp.

OMQSdata completeness 100%16 fiscal years on file
The thesis, from the filings

The estimate methods put fair value between $3.46 and $3.78 a share.Whether it’s worth owning at today’s price is the last question — and yours to answer, below.

i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$78.3M1$100.8M2$81.2M3$34.9M4$33M4
Net income−$13.4M5−$13.7M6−$29.4M6−$10M7−$137,0007
Operating cash flow−$3.18M8$1.2M9$170,00010$2.37M11$7.5M11
Capital expenditure$299,00012$451,00013$479,00014$42,00014$690,00015
Free cash flow (derived)−$3.47M8$752,0009−$309,00010$2.33M11$6.81M11
Total debt————$3.14M16
Cash & equivalents$7.09M17$1.31M18$1.68M19$2.35M20$679,00020
Diluted shares6.1M7.6M8.4M10.7M11.2M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
Net assets behind them
−$11.33
your share of equity
Profit it earned you last year
−$0.12
Free cash flow it threw off
$6.08
Debt you’d be carrying
$2.8

10 shares is a claim on −$11.33 of net worth that earned you −$0.12 and generated $6.08 of cash last year, against $2.8 of debt.

iii. Is this a good business?
Moat signal · return on equity
— avg · 5y

Not enough data in the filings for a return-on-capital reading.

seeing a moat in the numbers →
Management signal · capital allocation
+84% shares · 5y

Share count is up 84% over 5 years — owners have been diluted. Worth asking what they got for it. Total debt has held roughly steady.

reading capital allocation →

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth — engine v0.1.0

The 2 estimate methods that apply put fair value between $3.46 and $3.78 a share. They rest on different assumptions, so where they diverge is the story.

DCF · Growth Exit 10Y
$3.78
assumptions (10)
  • riskFreeRate4.7%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • terminalGrowth2.5%
  • projectionYears10
  • fcfGrowth5.0%
  • fcfBase$2.33M
DCF · Growth Exit 5Y
$3.46
assumptions (10)
  • riskFreeRate4.7%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • terminalGrowth2.5%
  • projectionYears5
  • fcfGrowth5.0%
  • fcfBase$2.33M
Earnings Power Value
not applicable
normalized (5y-median) earnings non-positive — EPV undefined
Graham Number
not applicable
diluted EPS missing or non-positive — Graham Number undefined

Different models answer different questions — which to trust when →

v. The price question — last, on purpose
Is today’s price fair?
See live price ↗
Type a price. The ledger answers.
Or set your own belief
FCF growth, next 5 years5.0%
Discount rate (WACC)8.93%
Terminal growth2.5%
At your growth, a share is worth $3.46
The three cases
Bear0.0%$2.75
Base5.0%$3.46
Bull10.0%$4.32

Bear/base/bull growth = 0% / filed history / history + 5pp. Type a price to see the return each case implies.

Default growth 5.0%= this company’s own filed history (median-to-median FCF CAGR, clamped 0–20%). Your adjustments are recorded anonymously. They become the “what do owners actually believe” dataset.

Sources — the receipts
  1. 10-K · period ending 2021-12-31 · accession 0001493152-23-009866 (RevenueFromContractWithCustomerExcludingAssessedTax)
  2. 10-K · period ending 2022-12-31 · accession 0001493152-24-012457 (RevenueFromContractWithCustomerExcludingAssessedTax)
  3. 10-K · period ending 2023-12-31 · accession 0001641172-25-001813 (RevenueFromContractWithCustomerExcludingAssessedTax)
  4. 10-K · period ending 2024-12-31 · accession 0001493152-26-016891 (RevenueFromContractWithCustomerExcludingAssessedTax)
  5. 10-K · period ending 2021-12-31 · accession 0001493152-23-009866 (NetIncomeLoss)
  6. 10-K · period ending 2022-12-31 · accession 0001493152-24-012457 (NetIncomeLoss)
  7. 10-K · period ending 2024-12-31 · accession 0001493152-26-016891 (NetIncomeLoss)
  8. 10-K · period ending 2021-12-31 · accession 0001493152-23-009866 (NetCashProvidedByUsedInOperatingActivities)
  9. 10-K · period ending 2022-12-31 · accession 0001493152-24-012457 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2023-12-31 · accession 0001641172-25-001813 (NetCashProvidedByUsedInOperatingActivities)
  11. 10-K · period ending 2024-12-31 · accession 0001493152-26-016891 (NetCashProvidedByUsedInOperatingActivities)
  12. 10-K · period ending 2021-12-31 · accession 0001493152-23-009866 (PaymentsToAcquirePropertyPlantAndEquipment)
  13. 10-K · period ending 2022-12-31 · accession 0001493152-24-012457 (PaymentsToAcquirePropertyPlantAndEquipment)
  14. 10-K · period ending 2023-12-31 · accession 0001641172-25-001813 (PaymentsToAcquirePropertyPlantAndEquipment)
  15. 10-K · period ending 2025-12-31 · accession 0001493152-26-016891 (PaymentsToAcquireProductiveAssets)
  16. 10-K · period ending 2025-12-31 · accession 0001493152-26-016891 (ShortTermBorrowings)
  17. 10-K · period ending 2021-12-31 · accession 0001493152-23-009866 (CashAndCashEquivalentsAtCarryingValue)
  18. 10-K · period ending 2022-12-31 · accession 0001493152-24-012457 (CashAndCashEquivalentsAtCarryingValue)
  19. 10-K · period ending 2023-12-31 · accession 0001641172-25-001813 (CashAndCashEquivalentsAtCarryingValue)
  20. 10-K · period ending 2024-12-31 · accession 0001493152-26-016891 (CashAndCashEquivalentsAtCarryingValue)