Quality Investor

OptimizeRx Corporation

Rank #109Op. Leverage

OPRX · Nasdaq · Healthcare

OptimizeRx Corporation (OPRX) — Rank #109 by gross profitability (GP/assets 0.45) · ROE 3.9% · Piotroski F-Score 8 / 9.

As-of 2026-09-15 · CIK 0001448431 · all metrics point-in-time as of the filing date.

About

OptimizeRx Corporation operates as a digital healthcare technology company.

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It offers Dynamic Audience Activation Platform, which generates dynamic audiences with predictive analytics through machine learning methods; Micro-Neighborhood Targeting, which creates consumer audiences using a privacy-first process; Profiler, which provides insights into its customers' target consumers; banner messages, including brand messaging, therapeutic support messaging, affordability messaging, limited distribution drug information, and patient support program messaging through healthcare professionals; and media execution solutions, which deliver messages through consumer omnichannel network, including through programmatic display, programmatic connected television/over-the-top, programmatic social media, addressable television, digital out-of-home, programmatic audio, and email/direct mail. The company also offers pharmacy alerts, which flag pharmacies that have prescription medications in stock; and financial messaging solutions, which provide prescribers visibility to branded copay offers for patients directly within electronic health record systems and ePrescribing platforms.

The company was founded in 2006 and is headquartered in Waltham, Massachusetts.

Industry
Health Information Services
Sector
Healthcare
State
NV
Filer Category
Non-accelerated filerSmaller reporting company
Fiscal Year End
December 31

Price History

OPRX-89.8% · -36.6% CAGRSPY+80.5% · +12.5% CAGR

Company Snapshot

P/E and reverse DCF are the primary valuation lenses at this stage.

Market Cap

$143.25M

P/E (annual)

28.2

P/S (annual)

1.3

P/B

1.1

P/OCF (annual)

7.7

Shareholder Yield

-3.9%

Employees

132

Industry

Health Information Services

Exchange

Nasdaq

Signal Flags

1 green1 yellow
Deferred revenue growingRevenue and deferred revenue both growing — retention signal
Dilution above 2%Annual share count increase exceeds 2%. May be acceptable for high-growth companies funding talent via stock compensation

Quality Profile

Profitability

1/1 pass
GP / assets
0.45
Return on equity
3.9%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.25
Current ratio
5.58×
Net cash
$5.09M

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
6.4%

Growth

1/2 pass
Revenue growth
18.8%
Piotroski F-Score
8 / 9
Share dilution
3.9%

Terry Smith quality gate

Passes 2/5 Terry Smith thresholds

1 of 5 threshold not computable from filed data.

What Growth Is Priced In

Implied revenue growth (10Y)

-5.5%

incredible deal

The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).

Dilution drag: 3.9% — per-share value needs a total required return of -1.7% once share-count change is priced in.

vs. own 6-year median revenue growth: 23.8%

within its own history

Cost-of-equity sensitivity (implied growth at different discount rates)

r = 8%

-9.0%

r = 10% (base)

-5.5%

r = 12%

-2.5%

Net debt / market cap: -3.5%

Note: current FCF margin is 1.6σ above its historical mean — implied growth may understate valuation risk if the margin reverts.

Base FCF: $18.7M3Y mean FCF: $5.4M

Valuation History

Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.

P / E

Price / diluted EPS

22.0xCheap
22.0xmed 762.5x2264.5x

P / S

Price / revenue per share

1.0xCheap
1.0xmed 6.5x14.4x

P / B

Price / book value per share

0.9xCheap
0.9xmed 4.3x21.1x

P / GP

Price / gross profit per share

1.5xCheap
1.5xmed 11.0x25.8x

P / FCF

Price / free cash flow per share

6.0xCheap
6.0xmed 33.7x1280.5x

Operating margin expansion and free cash flow are the primary reads at this stage.

Profitability

Gross profitability (GP / assets)

0.45

Primary signal (Novy-Marx).

5th of 9 SIC 7389 peers

Return on equity

3.9%

Gross margin

67.3%

4th of 9 SIC 7389 peers

Revenue growth (YoY)

18.8%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

20.6%

Revenue CAGR (5Y)

20.4%

Earnings CAGR (3Y)

FCF CAGR (3Y)

20.8%

Anti-fragile safety

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.25

1st of 7 SIC 7389 peers (best = lowest)

Current ratio

5.58×

1st of 9 SIC 7389 peers

Quick ratio

5.03×

Net cash

$5.09M

Cash & equivalents minus total debt.

Recession resistance

Revenue through recessions

Worst single-year YoY revenue decline, 16 years of history

Strong
2008-2009 (GFC)
N/AN/A
2020 (COVID)
76.1%Grew through it
Worst year on record(any fiscal year, not recession-limited)
1.9%Grew through it

Cash-flow health

Free cash flow

$18.66M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF / net income

2.64

Cash-backing of earnings.

FCF/NI divergence

Unfavorable divergence (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

6.4%

Stock-based comp intensity.

Piotroski F-Score

F-Score

8 / 9

Fundamental-strength score (0-9).

Lifecycle Phase History

20202025
Hypergrowth
Startup
Op. Leverage