NasdaqCM:LTBR

Stock Analysis Report

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Executive Summary

Lightbridge Corporation, together with its subsidiaries, operates as a nuclear fuel technology company. More Details


Snowflake Analysis

Excellent balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: LTBR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.4%

LTBR

1.7%

US Professional Services

0.08%

US Market


1 Year Return

-56.1%

LTBR

10.0%

US Professional Services

12.8%

US Market

Return vs Industry: LTBR underperformed the US Professional Services industry which returned 10% over the past year.

Return vs Market: LTBR underperformed the US Market which returned 12.8% over the past year.


Shareholder returns

LTBRIndustryMarket
7 Day4.4%1.7%0.08%
30 Day-32.3%-1.6%-1.8%
90 Day-24.4%6.3%7.2%
1 Year-56.1%-56.1%10.9%10.0%15.3%12.8%
3 Year-70.3%-70.3%51.6%47.1%39.2%29.9%
5 Year-92.9%-92.9%97.5%86.8%88.3%67.1%

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 compared to its fair value and its price relative to the market?

0.79x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate LTBR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate LTBR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: LTBR is unprofitable, so we can't compare its PE Ratio to the US Professional Services industry average.

PE vs Market: LTBR is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LTBR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LTBR is good value based on its PB Ratio (0.8x) compared to the US Professional Services industry average (2.5x).


Next Steps

Future Growth

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

27.0%

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?

-27.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LTBR is currently unprofitable.

Growing Profit Margin: LTBR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LTBR is unprofitable, and losses have increased over the past 5 years at a rate of 27% per year.

Accelerating Growth: Unable to compare LTBR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LTBR is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (-1.7%).


Return on Equity

High ROE: LTBR has a negative Return on Equity (-47.13%), as it is currently unprofitable.


Next Steps

Financial Health

How is Lightbridge's financial position?


Financial Position Analysis

Short Term Liabilities: LTBR's short term assets ($17.3M) exceed its short term liabilities ($893.9K).

Long Term Liabilities: LTBR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: LTBR is debt free.

Reducing Debt: LTBR had no debt 5 years ago.


Balance Sheet


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.

Stable Cash Runway: LTBR has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if LTBR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate LTBR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate LTBR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if LTBR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LTBR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LTBR's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Seth Grae (57 yo)

14.5yrs

Tenure

US$688,352

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

Compensation vs Market: Seth's total compensation ($USD688.35K) is about average for companies of similar size in the US market ($USD589.30K).

Compensation vs Earnings: Seth's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Thomas Graham
Chairman & Secretary14.42yrsUS$210.76k0.075%
$ 11.3k
Seth Grae
President14.5yrsUS$688.35k0.33%
$ 49.0k
Lawrence Goldman
Chief Financial Officer2yrsUS$407.76k0.053%
$ 8.0k
Andrey Mushakov
Executive Vice President of Nuclear Operations2.67yrsUS$432.73k0.12%
$ 18.2k
Joel Grae
Co-Founder no datano datano data
Sherrie Holloway
Accounting Manager0.67yrno datano data
Darla Bond
Human Resources Manager0.67yrno datano data
Robert Ihde
Senior Vice President of Nuclear Technology and Member of Technical Advisory Board12.5yrsno datano data
Barbara Kanakry
Controller2yrsno datano data
James Fornof
Vice President of Government Program Management2.25yrsno datano data
Linda Zwobota
Part-Time Consultant2yrsUS$395.39kno data
Norton Shapiro
Senior Advisor & Member of Technical Advisory Boardno datano datano data

2.0yrs

Average Tenure

64yo

Average Age

Experienced Management: LTBR's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thomas Graham
Chairman & Secretary14.42yrsUS$210.76k0.075%
$ 11.3k
Seth Grae
President14.5yrsUS$688.35k0.33%
$ 49.0k
Robert Ihde
Senior Vice President of Nuclear Technology and Member of Technical Advisory Board12.5yrsno datano data
Norton Shapiro
Senior Advisor & Member of Technical Advisory Boardno datano datano data
Weldon Turner
Member of Advisory Boardno datano datano data
Royce Flippin
Member of Advisory Boardno datano datano data
Charles Ronald Guthrie
Member of International Advisory Board12.42yrsno datano data
Walter Haeussler
Member of Advisory Boardno datano datano data
Daniel Magraw
Independent Director13.92yrsUS$39.69k0.021%
$ 3.2k
Annette Radkowsky
Member of Advisory Boardno datano datano data
Victor Alessi
Independent Director14.08yrsUS$39.69k0.0070%
$ 1.0k
Ernie Kennedy
Member of Technical Advisory Board13.5yrsno datano data
Kathleen Townsend
Independent Director6.92yrsUS$41.78k0.0027%
$ 396.3

13.7yrs

Average Tenure

81yo

Average Age

Experienced Board: LTBR's board of directors are seasoned and experienced ( 13.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 25.3%.


Top Shareholders

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$14.953m
  • Shares outstanding: 3.96m
  • Website: https://www.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
N7ONDB (Deutsche Boerse AG)YesCommon StockDEEURJun 2001

Biography

Lightbridge Corporation, together with its subsidiaries, operates as a nuclear fuel technology company. It focuses on developing and commercializing metallic nuclear fuels that could enhance resistance of ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/21 06:57
End of Day Share Price2020/09/18 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.