Is ORION ENERGY SYSTEMS, INC. (OESX) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 23.5% / 30% | 13.6% / 30% | 36.9% / 30% | 0.01% / 5% | ✗ NOT HALAL |
| DJIM | 23.5% / 33% | 13.6% / 33% | 36.9% / 33% | 0.01% / 5% | ✗ NOT HALAL |
| MSCI | 19.7% / 33% | 11.4% / 33% | 30.9% / 33% | 0.01% / 5% | ✓ HALAL |
| S&P | 23.5% / 33% | 13.6% / 33% | 36.9% / 33% | 0.01% / 5% | ✗ NOT HALAL |
| FTSE | 19.7% / 33% | 11.4% / 33% | 30.9% / 50% | 0.01% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 30.0% | |
| Operating Margin | 1.8% | |
| Net Margin | -5.6% | |
| Return on Equity (ROE) | -34.8% | |
| Return on Assets (ROA) | -4.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $599,000 |
| Free Cash Flow | $494,000 |
| Total Debt | $10M |
| Debt-to-Equity | 108.8 |
| Current Ratio | 1.4 |
| Total Assets | $52M |
Price & Trading
| Last Close | $9.64 |
| 50-Day MA | $12.71 |
| 200-Day MA | $10.63 |
| Avg Volume | 53K |
| Beta | 0.6 |
|
52-Week Range
$5.50
| |
About ORION ENERGY SYSTEMS, INC. (OESX)
Orion Energy Systems, Inc., together with its subsidiaries, researches, 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 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 management, facility design commissioning, lighting and electrical system, and recycling. 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. The company was incorporated in 1996 and is headquartered in Manitowoc, Wisconsin.
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Frequently Asked Questions
Is ORION ENERGY SYSTEMS, INC. (OESX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ORION ENERGY SYSTEMS, INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is ORION ENERGY SYSTEMS, INC.'s debt ratio?
ORION ENERGY SYSTEMS, INC.'s debt ratio is 23.5% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 19.7%.
What are ORION ENERGY SYSTEMS, INC.'s key financial metrics?
ORION ENERGY SYSTEMS, INC. has a market capitalization of $37M, and revenue of $80M. The company maintains a gross margin of 30.0% and a net margin of -5.6%. Return on equity stands at -34.8%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.