NasdaqCM:LTBR

Stock Analysis Report

Executive Summary

Lightbridge Corporation operates as a nuclear fuel technology company.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Risks

  • Lightbridge is not covered by any analysts.

Share Price & News

How has Lightbridge's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-7.2%

NasdaqCM:LTBR

2.1%

US Professional Services

0.8%

US Market


1 Year Return

-29.5%

NasdaqCM:LTBR

10.8%

US Professional Services

1.9%

US Market

LTBR underperformed the Professional Services industry which returned 9.4% over the past year.

LTBR underperformed the Market in United States of America which returned 2.1% over the past year.


Share holder returns

LTBRIndustryMarket
7 Day-7.2%2.1%0.8%
30 Day6.4%0.7%3.4%
90 Day0.5%5.6%2.1%
1 Year-29.5%-29.5%11.9%10.8%4.2%1.9%
3 Year-64.0%-64.0%52.4%47.1%46.7%37.2%
5 Year-94.1%-94.1%84.1%74.2%62.3%44.5%

Price Volatility Vs. Market

How volatile is Lightbridge's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Lightbridge undervalued based on future cash flows and its price relative to the stock market?

1.13x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Lightbridge to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Lightbridge to establish if it is available at substantial discount.


Price Based on Earnings

Lightbridge is loss making, we can't compare its value to the US Professional Services industry average.

Lightbridge is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Lightbridge, we can't assess if its growth is good value.


Price Based on Value of Assets

Lightbridge is good value based on assets compared to the US Professional Services industry average.


Next Steps

Future Growth

How is Lightbridge expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

31.9%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Lightbridge has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Lightbridge performed over the past 5 years?

-37.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Lightbridge does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Lightbridge's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Lightbridge's 1-year growth to the US Professional Services industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Lightbridge has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Lightbridge has efficiently used its assets last year compared to the US Professional Services industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Lightbridge improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Lightbridge's financial position?


Financial Position Analysis

Lightbridge is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Lightbridge has no long term commitments.


Debt to Equity History and Analysis

Lightbridge has no debt.

Lightbridge currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet

Low level of unsold assets.

Lightbridge has no debt, it does not need to be covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Lightbridge has sufficient cash runway for 2.9 years based on current free cash flow.

Lightbridge has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 12.7% each year.


Next Steps

Dividend

What is Lightbridge's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Lightbridge's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Lightbridge's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Lightbridge has not reported any payouts.

Unable to verify if Lightbridge's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Lightbridge has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Lightbridge's salary, the management and board of directors tenure and is there insider trading?

1.7yrs

Average management tenure


CEO

Seth Grae (56yo)

13.5yrs

Tenure

US$1,110,738

Compensation

Mr. Seth Grae has been the Chief Executive Officer and President of Lightbridge Corp. (Alternate Name: Thorium Power Inc. and Thorium Power, Ltd) since March 17, 2006. Mr. Grae has been an Executive Direct ...


CEO Compensation Analysis

Seth's remuneration is higher than average for companies of similar size in United States of America.

Seth's compensation has increased whilst company is loss making.


Management Age and Tenure

1.7yrs

Average Tenure

63yo

Average Age

The average tenure for the Lightbridge management team is less than 2 years, this suggests a new team.


Board Age and Tenure

12.9yrs

Average Tenure

76yo

Average Age

The average tenure for the Lightbridge board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$1,22021 Dec 18
Thomas Graham
EntityIndividual
Role
Chairman of the Board
Executive Chairman & Secretary
Shares2,000
Max PriceUS$0.61
BuyUS$1,52007 Dec 18
Thomas Graham
EntityIndividual
Role
Chairman of the Board
Executive Chairman & Secretary
Shares2,000
Max PriceUS$0.76

Ownership Breakdown


Management Team

  • Thomas Graham (85yo)

    Executive Chairman & Secretary

    • Tenure: 13.4yrs
    • Compensation: US$236.20k
  • Larry Goldman (63yo)

    Chief Financial Officer

    • Tenure: 1yrs
    • Compensation: US$545.09k
  • Seth Grae (56yo)

    President

    • Tenure: 13.5yrs
    • Compensation: US$1.11m
  • Andrey Mushakov (42yo)

    Executive Vice President of Nuclear Operations

    • Tenure: 1.7yrs
    • Compensation: US$701.01k
  • Joel Grae

    Co-Founder

    • Tenure: 0yrs
  • Jim Malone (73yo)

    Senior VP & Chief Nuclear Fuel Development Officer

    • Tenure: 8.9yrs
  • Bob Ihde

    Senior Vice President of Nuclear Technology and Member of Technical Advisory Board

    • Tenure: 11.5yrs
  • Jon Johnson

    Senior Vice President

    • Tenure: 0yrs
  • Jim Fornof

    Vice President of Government Program Management

    • Tenure: 1.3yrs
  • Barbara Kanakry

    Controller

    • Tenure: 1yrs

Board Members

  • Weldon Turner

    Member of Advisory Board

    • Tenure: 0yrs
  • Royce Flippin (84yo)

    Member of Advisory Board

    • Tenure: 0yrs
  • Thomas Graham (85yo)

    Executive Chairman & Secretary

    • Tenure: 13.4yrs
    • Compensation: US$236.20k
  • Seth Grae (56yo)

    President

    • Tenure: 13.5yrs
    • Compensation: US$1.11m
  • Dan Magraw (72yo)

    Independent Director

    • Tenure: 12.9yrs
    • Compensation: US$70.36k
  • Annette Radkowsky

    Member of Advisory Board

    • Tenure: 0yrs
  • Victor Alessi (80yo)

    Independent Director

    • Tenure: 13.1yrs
    • Compensation: US$70.36k
  • Ernie Kennedy

    Member of Technical Advisory Board

    • Tenure: 12.5yrs
  • Bob Ihde

    Senior Vice President of Nuclear Technology and Member of Technical Advisory Board

    • Tenure: 11.5yrs
  • Kathleen Townsend (67yo)

    Independent Director

    • Tenure: 5.9yrs
    • Compensation: US$72.28k

Company Information

Lightbridge Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lightbridge Corporation
  • Ticker: LTBR
  • Exchange: NasdaqCM
  • Founded: 1992
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: US$26.198m
  • Shares outstanding: 37.90m
  • Website: https://ltbridge.com

Number of Employees


Location

  • Lightbridge Corporation
  • 11710 Plaza America Drive
  • Suite 2000
  • Reston
  • Virginia
  • 20190
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LTBRNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJun 2001
N7OMDB (Deutsche Boerse AG)YesCommon StockDEEURJun 2001

Biography

Lightbridge Corporation operates as a nuclear fuel technology company. It focuses on the development and commercialization of metallic fuel rods, which replace uranium oxide ceramic pellets that are used a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 00:17
End of Day Share Price2019/09/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.