olivLaw · US equity research
Optical Cable Corporation OCC
Drawing & Insulating of Nonferrous Wire · SIC 3357 · Vertical: Primary metal industries (SIC 335x)
Optical Cable Corporation, headquartered in Roanoke, Virginia, designs and manufactures fiber optic and copper cabling and connectivity products for enterprise, data center and harsh environment and specialty markets, including military. In the third quarter of fiscal 2026 net sales rose 22.0% to 24.3 million USD, and the sales order backlog reached 13.5 million USD, making the recent demand trend worth following.
At the close of 04 Nov 2026, Optical Cable Corporation (OCC) stock was 11.21 USD (−6.39% on the day), with market capitalisation 99.1 m USD, P/E 38.6 on diluted EPS of 0.29 USD over the last 12 months, dividend yield 0.00%, beta 1.60, 52-week range 4.16–26.92 USD. Latest reported quarter (Q3 2026): revenue of 24.3 m USD (+22.0% YoY), net income of 1.9 m USD (+515.5% YoY), diluted EPS 0.21 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 33.8
- weak (30–45)
- Bollinger (20, 2)
- 10.18 – 16.06
- in the lower half of the band · %B 0.17 · band width 44.8%
- SMA 50 / 200
- 14.00 / 12.32
- mixed trend
- MACD (12, 26, 9)
- -0.89 / -0.75
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −34.0% | −1.1% | −33.0 pp | — |
| 3 months | −28.3% | −0.5% | −27.8 pp | — |
| 6 months | +9.6% | +4.4% | +5.2 pp | — |
| Year to date | +151.8% | +12.3% | +139.5 pp | — |
| 1 year | +43.1% | +13.5% | +29.6 pp | +2.4% |
| 3 years | +326.0% | +76.4% | +249.6 pp | +73.8% |
| 5 years | +190.3% | +63.7% | +126.6 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q3 2026 · 31 Jul 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 19.5 m | 15.7 m | 17.5 m | 19.9 m | 19.8 m | 16.4 m | 22.2 m | 24.3 m |
| Cost of revenue | 13.0 m | 11.1 m | 12.2 m | 13.6 m | 13.5 m | 11.1 m | 14.6 m | 15.2 m |
| Gross profit | 6.5 m | 4.6 m | 5.3 m | 6.3 m | 6.3 m | 5.4 m | 7.6 m | 9.1 m |
| SG&A | 5.9 m | 5.5 m | 5.7 m | 5.7 m | 6.0 m | 5.6 m | 6.3 m | 7.0 m |
| Operating income | 662.1 k | -852.4 k | -429.2 k | 562.5 k | 268.7 k | -208.3 k | 1.3 m | 2.1 m |
| Depreciation & amortisation | 221.5 k | 212.0 k | 212.2 k ≈ | 183.9 k ≈ | 196.5 k | 196.6 k | 192.1 k ≈ | 196.1 k ≈ |
| Interest expense | 285.9 k | 263.7 k | 248.8 k | 260.0 k | 232.7 k | 210.6 k | 234.4 k | 247.1 k |
| Pre-tax income | 373.2 k | -1.1 m | -683.1 k | 306.4 k | 47.6 k | -419.0 k | 1.1 m | 1.9 m |
| Income tax | -287 | 12.1 k | 14.8 k | 4.5 k | -1.0 k | -21.5 k | 4.4 k | 8.6 k |
| Net income | 373.5 k | -1.1 m | -697.9 k | 301.9 k | 48.6 k | -397.5 k | 1.1 m | 1.9 m |
| Diluted EPS | 0.05 | -0.14 | -0.09 | 0.04 | 0.01 | -0.05 | 0.12 | 0.21 |
| Operating cash flow | -1.5 m | 2.7 m | 141.4 k ≈ | -2.2 m ≈ | 797.3 k | 1.2 m | -2.5 m ≈ | 1.5 m ≈ |
| Capex | 56.6 k | 71.9 k | 68.0 k ≈ | 77.2 k ≈ | 78.5 k | 138.0 k | 72.6 k ≈ | 214.1 k ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 78 percentile of its own 9-quarter history (min 4.4, median 8.2, max 85.8; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 87.8 m | 71.3 m | 55.3 m | 59.1 m | 69.1 m | 72.2 m | 66.7 m | 73.0 m |
| Revenue YoY | +37.0% | −18.8% | −22.5% | +7.0% | +16.8% | +4.5% | −7.6% | +9.5% |
| Net income | 1.1 m | -5.7 m | -6.1 m | 6.6 m | -347.1 k | 2.1 m | -4.2 m | -1.5 m |
| Net income YoY | unavailable | −630.5% | unavailable | unavailable | −105.3% | unavailable | −303.7% | unavailable |
| Diluted EPS | unavailable | unavailable | -0.83 | 0.87 | -0.05 | 0.26 | -0.54 | -0.18 |
| Diluted EPS YoY | unavailable | unavailable | unavailable | unavailable | −105.7% | unavailable | −307.7% | unavailable |
| net % | 1.2% | -7.9% | -11.1% | 11.2% | -0.5% | 2.9% | -6.3% | -2.0% |
| Free cash flow | 2.5 m | -771.4 k | -3.7 m | 2.0 m | -1.9 m | -916.5 k | -1.2 m | 1.1 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Oct 2025
- Cash
- 237.5 k USD
- Financial debt
- unavailable USD
- Net debt
- unavailable USD
- Equity
- 16.5 m USD
- Total assets
- 40.1 m USD
- Debt / equity
- unavailable
- Current ratio
- 1.82x
- ROE
- -7.8%
- ROA
- -3.6%
- FCF margin
- 1.5%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 55.3 m | 59.1 m | 69.1 m | 72.2 m | 66.7 m | 73.0 m | SEC (XBRL)· 18 Dec 2025verified |
| Cost of revenue | 41.2 m | 42.9 m | 48.6 m | 49.9 m | 48.5 m | 50.4 m | SEC (XBRL)· 18 Dec 2025verified |
| Gross profit | 14.1 m | 16.3 m | 20.5 m | 22.3 m | 18.2 m | 22.6 m | SEC (XBRL)· 18 Dec 2025verified |
| SG&A | 19.2 m | 18.2 m | 20.0 m | 21.2 m | 21.5 m | 23.0 m | SEC (XBRL)· 18 Dec 2025verified |
| Operating income | -5.5 m | -2.0 m | 472.9 k | 993.1 k | -3.4 m | -450.3 k | SEC (XBRL)· 18 Dec 2025verified |
| Depreciation & amortisation | 1.4 m | 1.2 m | 1.1 m | 946.5 k | 865.9 k | 804.5 k | SEC (XBRL)· 18 Dec 2025verified |
| EBITDA | -4.1 m ≈ | -766.6 k ≈ | 1.5 m ≈ | 1.9 m ≈ | -2.5 m ≈ | 354.2 k ≈ | SEC (XBRL)· 18 Dec 2025derived |
| Interest expense | 569.8 k | 690.4 k | 768.3 k | 1.2 m | 1.2 m | 1.0 m | SEC (XBRL)· 18 Dec 2025verified |
| Pre-tax income | -6.1 m | 6.6 m | -322.4 k | 2.2 m | -4.2 m | -1.4 m | SEC (XBRL)· 18 Dec 2025verified |
| Income tax | 18.0 k | -19.9 k | 24.7 k | 145.7 k | 20.7 k | 30.3 k | SEC (XBRL)· 18 Dec 2025verified |
| Net income | -6.1 m | 6.6 m | -347.1 k | 2.1 m | -4.2 m | -1.5 m | SEC (XBRL)· 18 Dec 2025verified |
| Diluted EPS | -0.83 | 0.87 | -0.05 | 0.26 | -0.54 | -0.18 | SEC (XBRL)· 18 Dec 2025verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 140.8 k | 132.2 k | 215.9 k | 1.5 m | 244.2 k | 237.5 k | SEC (XBRL)· 18 Dec 2025verified |
| Receivables | 7.6 m | 8.4 m | 11.0 m | 8.7 m | 10.9 m | 10.3 m | SEC (XBRL)· 18 Dec 2025verified |
| Inventories | 17.1 m | 16.3 m | 19.4 m | 23.8 m | 18.7 m | 19.8 m | SEC (XBRL)· 18 Dec 2025verified |
| Current assets | 25.3 m | 27.6 m | 31.2 m | 35.0 m | 30.6 m | 30.8 m | SEC (XBRL)· 18 Dec 2025verified |
| Property, plant & equipment, net | 8.8 m | 7.9 m | 7.4 m | 7.1 m | 6.9 m | 6.6 m | SEC (XBRL)· 18 Dec 2025verified |
| Intangibles (excl. goodwill) | 665.7 k | 646.9 k | 618.1 k | 566.2 k | 514.0 k | 481.2 k | SEC (XBRL)· 18 Dec 2025verified |
| Total assets | 36.6 m | 37.9 m | 40.6 m | 43.9 m | 40.4 m | 40.1 m | SEC (XBRL)· 18 Dec 2025verified |
| Accounts payable | 2.9 m | 4.3 m | 5.4 m | 5.8 m | 5.2 m | 6.8 m | SEC (XBRL)· 18 Dec 2025verified |
| Short-term debt | 312.1 k | 324.8 k | 338.1 k | 52.6 k | 57.2 k | — | SEC (XBRL)· 10 Mar 2025verified |
| Long-term debt | 4.9 m | 4.5 m | 4.2 m | 2.6 m | 2.6 m | — | SEC (XBRL)· 05 Jun 2025verified |
| Current liabilities | 6.3 m | 6.2 m | 7.5 m | 16.1 m | 15.1 m | 16.9 m | SEC (XBRL)· 18 Dec 2025verified |
| Total liabilities | 21.3 m | 15.7 m | 18.4 m | 19.2 m | 19.5 m | 18.5 m | SEC (XBRL)· 18 Dec 2025verified |
| Equity | 15.3 m | 22.2 m | 22.2 m | 24.7 m † | 20.8 m † | 16.5 m † | SEC (XBRL)· 18 Dec 2025verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -3.6 m | 2.1 m | -1.6 m | -395.7 k | -857.0 k | 1.4 m | SEC (XBRL)· 18 Dec 2025verified |
| Capex | 120.0 k | 166.2 k | 279.8 k | 520.8 k | 369.6 k | 295.5 k | SEC (XBRL)· 18 Dec 2025verified |
| Free cash flow | -3.7 m ≈ | 2.0 m ≈ | -1.9 m ≈ | -916.5 k ≈ | -1.2 m ≈ | 1.1 m ≈ | SEC (XBRL)· 18 Dec 2025derived |
| Investing cash flow | -168.5 k | -192.9 k | -292.5 k | 1.4 m | -67.1 k | -317.2 k | SEC (XBRL)· 18 Dec 2025verified |
| Financing cash flow | 3.3 m | -1.9 m | 2.0 m | 219.8 k | -300.3 k | -1.1 m | SEC (XBRL)· 18 Dec 2025verified |
| Share repurchases | 0 | 0 | — | — | — | — | SEC (XBRL)· 20 Dec 2021verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
Risk
Valuation
olivLaw classification
- score weight coverage: 50.0% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 99.1 m USD
Key indicators
Coverage and freshness
Score by group
50% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 2.41 – 8.17 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/E2.41 – 8.17 (Mid 5.33)8 companies used · median multiple 18.4x · quartiles 8.3x – 28.2xAPWC, BDC, GLW, HWM, KALU, MLI, NX, TG
- Dividend discount (DDM)unavailable · the base of the ratio is not positive
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: score weight coverage: 50.0% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | 3.1% | 29 (vs peers) | 13% |
| FCF conversion · Quality | 17.2% | 0 (on a fixed band) | 13% |
| Revenue CAGR 3Y · Growth | 1.9% | 16 (on a fixed band) | 17% |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | 3.8x | 35 (on a fixed band) | 13% |
| Current ratio · Balance sheet | 2.2x | 100 (on a fixed band) | 8% |
| P/E (TTM) · Valuation | 38.6x | 25 (vs peers) | 21% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | 0.4% | 6 (on a fixed band) | 17% |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet61/100 · 2/3 factors with a value
- Growth· partial16/100 · 1/2 factors with a value
- Quality14/100 · 2/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation16/100 · 2/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
OPTICAL CABLE CORPORATION (OCC). Latest full fiscal year: 2025; data up to 2026-07-31.
Figures computed from the financial statements: revenue 73.0 m USD in 2025; YoY growth 9.5%; net margin 3.1%; ROE 15.6%.
The estimated value range is 2.41–8.17 USD per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 5.33 USD, the price of 11.21 USD leaves a potential of -52.5% (value / price − 1) and a margin of safety of -110.3% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (score weight coverage: 50.0% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Current ratio: 2.2x
What contradicts it
- Net margin: 3.1%
- FCF conversion: 17.2%
- Revenue CAGR 3Y: 1.9%
- P/E (TTM): 38.6x
- FCF yield: 0.4%
- The price is above the estimated value range
Not assessed (insufficient data or a ratio without meaning): ROIC, EPS CAGR 3Y, Net debt / EBITDA, EV/EBITDA, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Primary metal industries (SIC 335x) · same industry group (3-digit SIC) · compared with 8 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| GLWCorning Inc | 102.3 bn | 48.1 | 17.1% | 12.1% | +19.1% | +41% / +317% |
| HWMHowmet Aerospace Inc. | 84.9 bn | 41.8 | 37.7% | 21.1% | +11.1% | +4% / +306% |
| MLIMueller Industries, Inc | 12.0 bn | 13.9 | 26.2% | 17.3% | +10.9% | +0% / +166% |
| BDCBelden Inc. | 4.1 bn | 23.6 | 13.4% | 5.6% | +10.3% | −7% / +58% |
| KALUKaiser Aluminum Corporation | 1.8 bn | 8.6 | 24.5% | 4.8% | +11.5% | +15% / +89% |
| NXQuanex Building Products Corporation | 1.0 bn | 22.8 | 6.2% | 2.4% | +43.8% | +74% / −27% |
| TGTredegar Corporation | 254.4 m | 7.6 | 15.8% | — | +16.1% | −7% / +55% |
| OCCOptical Cable Corporation | 99.1 m | 38.6 | 15.6% | 3.1% | +9.5% | +43% / +326% |
| APWCAsia Pacific Wire & Cable Corporation Limited | 23.1 m | 6.6 | 2.2% | 0.7% | +11.0% | −34% / −17% |
1- and 3-year price returns: for OCC from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 6.45 Total return -42% · Per year -42% | 11.41 Total return 2% · Per year 2% | 17.21 Total return 54% · Per year 54% |
| 3 years | 5.93 Total return -47% · Per year -19% | 11.85 Total return 6% · Per year 2% | 19.66 Total return 75% · Per year 21% |
| 5 years | 5.46 Total return -51% · Per year -13% | 12.29 Total return 10% · Per year 2% | 22.46 Total return 100% · Per year 15% |
- Exit P/E± 2.96
- Net margin± 2.07
- Annual revenue growth± 1.75
- Annual dilution± 0.17
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Optical Cable Corporation, headquartered in Roanoke, Virginia, designs and manufactures fiber optic and copper cabling and connectivity products for enterprise, data center and harsh environment and specialty markets, including military. In the third quarter of fiscal 2026 net sales rose 22.0% to 24.3 million USD 13, and the sales order backlog reached 13.5 million USD 3, making the recent demand trend worth following.
SWOT
Strengths
- The company offers a broad range of fiber and copper products and has a reputation for innovation, with 12 patents granted in the past five years 1.
- Its facilities are ISO registered, and its Dallas facility is MIL-STD certified, supporting its position in military and harsh environment markets 13.
- Growth in sales and gross margin in the third quarter shows the company's ability to benefit from manufacturing operating leverage 3.
Weaknesses
- By its own description the company has fewer financial, research and marketing resources than many of its larger competitors 1.
- SG&A expenses have grown faster than some other parts of the business, which could reduce profitability if the trend continues 3.
- The filings note dependence on a limited number of suppliers for certain components and on key customers, including distributors 2.
Opportunities
- If the Lightera collaboration widens the offering for data centers, it could open new customer segments 1.
- Rising sales outside the United States suggest international markets could keep contributing to growth 3.
- Demand from military and renewable energy sectors could support the harsh environment segment, where the company holds certified products 1.
Threats
- Larger competitors with considerable resources could reduce prices or the company's market share 1.
- Import and export tariffs and fluctuating raw material prices could raise costs that may be hard to pass on to customers 2.
- Concentration of sales among a few customers, particularly in the wireless market, could produce order volatility 2.
Risks
- Customer concentrationhigh
Sales depend on a limited number of customers, particularly in the wireless carrier market, and loss of a major customer could affect results 2.
- Raw material volatilitymedium
Fluctuations in the prices of optical fiber, copper, gold and plastics could affect margins, especially if costs cannot be passed on to customers 2.
- Trade tariffsmedium
Import and export tariffs imposed by the United States and other countries could raise costs and limit access to certain markets 2.
- Intense competitionmedium
Larger competitors with substantial financial and research resources could pressure prices and market share 1.
- Share dilutionlow
Restricted shares issued to Lightera and possible redemption of redeemable common stock could dilute existing shareholders and affect the capital structure 12.
Investment thesis
What would need to be true (bull case)
- Rising sales and gross margin in recent quarters suggest the business could benefit from operating leverage on higher volumes 3.
- A growing sales order backlog suggests better visibility on demand in the coming quarters 3.
- The strategic collaboration with Lightera could open access to new data center customers 1.
What would break the thesis
- Fewer resources than large competitors could limit investment in research and production capacity 1.
- Dependence on a small number of customers and suppliers could produce volatility in sales and costs 2.
- Rising personnel and shipping costs could reduce profitability if they are not offset by higher sales 3.
What to watch
- Development of the sales order backlog and quarterly sales in the fourth quarter of fiscal 2026Q4 2026
- Trend in gross margin as production volumes increaseQ4 2026
- Effect of the Lightera collaboration on sales of data center products2027
- Share of non-U.S. customers in total sales and the effect of import tariffsnext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
Optical Cable Corporation, incorporated in Virginia in 1983, manufactures a broad range of fiber optic and copper data communication cabling and connectivity solutions, primarily for the enterprise market and for harsh environment and specialty markets, as well as the wireless carrier market 1. Products include fiber and copper cabling, hybrid cabling, connectors, patch cords, pre-terminated cable trunks, racks, cabinets and cable management accessories 1. The company operates from facilities in Roanoke, near Asheville and near Dallas, all ISO 9001:2015 registered 13.
In July 2025 the company entered a strategic collaboration agreement with Lightera, part of the Furukawa Electric Company Group, to expand offerings for data center and enterprise customers; Lightera acquired 642,199 redeemable restricted shares, representing 7.24% of outstanding common shares at October 31, 2025 1. The company sold into approximately 50 countries in fiscal year 2025 1.
Segments
Fiber optic cable products
The fiber optic and hybrid cable line, including variants for military, industrial, mining and wireless carrier applications, is the company's fiber optic cable offering 1.
Enterprise connectivity (fiber and copper)
This line covers connectors, patch panels, jacks, patch cords, enclosures and racks for enterprise networks, data centers and residential installations, where the company says it pioneered copper connectivity technology 1.
Harsh environment and specialty connectivity
Through its subsidiary Applied Optical Systems, the company makes tactical fiber optic connectors conforming to U.S. Department of Defense standards and deployable reels and assemblies for military, petrochemical and renewable energy applications 1.
Market context
The company operates in fiber and copper data communications cabling and connectivity, a sector the source describes as highly competitive and whose demand depends on enterprise, data center and government spending 12. The third-quarter sales increase points to sustained demand in the enterprise, data center and specialty segments 3.
The filings also flag concentration risk: sales to a limited number of customers, particularly in the wireless carrier market, can fluctuate significantly from one period to another 2.
Competitive position
Fiber optic cable lines compete with large manufacturers such as Corning, CommScope, Prysmian, Belden and Leviton, while copper lines compete with Prysmian, CommScope and Belden, many of which have substantially greater financial and research resources 1. In harsh environment and specialty connectivity the named competitors are Amphenol and Aptiv 1.
The source warns that new market entrants or expanded product lines from existing competitors could intensify competition 1.
- CommScope Holding CompanyCOMM
Competes across fiber cable, copper cable and enterprise connectivity, and is described in the source as having greater resources than the company.
- Corning IncorporatedGLW
Competes in fiber optic cable and enterprise connectivity and also manufactures optical fiber.
- Belden Inc.BDC
Competes in fiber and copper cable for data networks.
- Amphenol CorporationAPH
Competes in specialty connectors for military and harsh environment applications.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- Optical Cable (OCC) Q3 2026 Earnings Call TranscriptYahoo Finance — News · 10 Sept 2026 · EN
- Optical Cable Corporation Q3 2026 Earnings Call SummaryYahoo Finance — News · 09 Sept 2026 · EN
- Optical Cable Q3 Earnings Call HighlightsYahoo Finance — News · 09 Sept 2026 · EN
- Optical cable maker WCFO to add Cambodia capacity amid AI boomNikkei Asia · 19 Jun 2026 · RO
The latest news item in our archive is from 10 Sept 2026; the newest SEC filing is from 11 Sept 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Current report11 Sept 2026Results of operations · Financial statements and exhibits
- Quarterly report09 Sept 2026
- Current report10 Jun 2026Results of operations · Financial statements and exhibits
- Quarterly report08 Jun 2026
- Current report06 May 2026Material agreement · Termination of a material agreement · Financial statements and exhibits
- Current report01 Apr 2026Shareholder vote · Regulation FD disclosure · Financial statements and exhibits
- Current report12 Mar 2026Results of operations · Financial statements and exhibits
- Quarterly report10 Mar 2026
- Proxy statement27 Feb 2026
- Current report19 Dec 2025Results of operations · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-10-31 · SEC / Optical Cable Corporation · 18 Dec 2025
- [2] Form 10-Q, quarter ended 2026-07-31 · SEC / Optical Cable Corporation · 09 Sept 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Optical Cable Corporation · 11 Sept 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.