nLIGHT, Inc. designs, develops, and manufactures semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. More Details
Mediocre balance sheet and slightly overvalued.
Share Price & News
How has nLIGHT's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LASR has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: LASR exceeded the US Electronic industry which returned 3.4% over the past year.
Return vs Market: LASR exceeded the US Market which returned 12.7% over the past year.
Price Volatility Vs. Market
How volatile is nLIGHT's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StnLIGHT, Inc. (NASDAQ:LASR) Shares Could Be 42% Below Their Intrinsic Value Estimate
2 months ago | Simply Wall StIs nLIGHT (NASDAQ:LASR) Weighed On By Its Debt Load?
3 months ago | Simply Wall StShould nLIGHT (NASDAQ:LASR) Be Disappointed With Their 22% Profit?
Is nLIGHT undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LASR ($23.71) is trading below our estimate of fair value ($39.94)
Significantly Below Fair Value: LASR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LASR is unprofitable, so we can't compare its PE Ratio to the US Electronic industry average.
PE vs Market: LASR 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 LASR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LASR is overvalued based on its PB Ratio (4.4x) compared to the US Electronic industry average (2x).
How is nLIGHT forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LASR is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: LASR is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: LASR is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: LASR's revenue (12% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: LASR's revenue (12% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LASR is forecast to be unprofitable in 3 years.
How has nLIGHT performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LASR is currently unprofitable.
Growing Profit Margin: LASR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LASR is unprofitable, and losses have increased over the past 5 years at a rate of 43.5% per year.
Accelerating Growth: Unable to compare LASR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LASR is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-18%).
Return on Equity
High ROE: LASR has a negative Return on Equity (-12.21%), as it is currently unprofitable.
How is nLIGHT's financial position?
Financial Position Analysis
Short Term Liabilities: LASR's short term assets ($205.3M) exceed its short term liabilities ($37.2M).
Long Term Liabilities: LASR's short term assets ($205.3M) exceed its long term liabilities ($32.9M).
Debt to Equity History and Analysis
Debt Level: LASR's debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if LASR's debt to equity ratio has reduced over the past 5 years.
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: Insufficient data to determine if LASR has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LASR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is nLIGHT current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LASR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LASR'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 LASR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LASR'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 LASR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Scott Keeney (55 yo)
Mr. Scott H. Keeney founded nLIGHT, Inc. (formerly, nLIGHT Corporation) in July 2000 and serves as its Chief Executive Officer, President and Director since July 2000. Mr. Keeney has been Chairman of nLIGH ...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD3.11M) is about average for companies of similar size in the US market ($USD3.01M).
Compensation vs Earnings: Scott's compensation has increased whilst the company is unprofitable.
|VP & CFO||2.67yrs||US$2.09m||0.41% |
|Chief Technology Officer||7yrs||US$968.72k||0.088% |
|Co-Founder||20.67yrs||no data||no data|
|Chief Operating Officer||no data||no data||no data|
|Vice President of Corporate Development & IR||0.67yr||no data||no data|
|VP & General Counsel||1.42yrs||no data||no data|
|Vice President of Sales & Marketing||no data||no data||no data|
|Managing Director of Industrial Laser Systems||no data||no data||no data|
|Managing Director of Fiber Division||no data||US$109.14k||no data|
|VP of Finance & Secretary||no data||US$254.95k||no data|
|VP & General Manager||no data||no data||no data|
Experienced Management: LASR's management team is considered experienced (4.8 years average tenure).
|Independent Director||19.42yrs||US$58.00k||0.59% |
|Independent Director||19.42yrs||US$56.40k||0.0054% |
|Independent Director||8yrs||US$60.00k||0.016% |
|Lead Independent Director||no data||US$66.50k||0.16% |
|Independent Director||3.08yrs||US$57.00k||0.015% |
Experienced Board: LASR's board of directors are considered experienced (6.2 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.1%.
nLIGHT, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: nLIGHT, Inc.
- Ticker: LASR
- Exchange: NasdaqGS
- Founded: 2000
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$921.700m
- Shares outstanding: 38.87m
- Website: https://www.nlight.net
Number of Employees
- nLIGHT, Inc.
- 5408 NE 88th Street
- Building E
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LASR||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Apr 2018|
nLIGHT, Inc. designs, develops, and manufactures semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. The company operates in two segments, Laser Product ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/23 06:07|
|End of Day Share Price||2020/09/22 00:00|