NasdaqCM:LPTH

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LightPath Technologies

Market Cap

US$65.9m

Last Updated

2021/06/20 23:12 UTC

Data Sources

Company Financials +

Share Price & News

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


Latest Share Price and Events

Stable Share Price: LPTH is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: LPTH's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

-10.1%

LPTH

-4.2%

US Electronic

-1.9%

US Market


1 Year Return

-15.9%

LPTH

49.3%

US Electronic

38.2%

US Market

Return vs Industry: LPTH underperformed the US Electronic industry which returned 49.3% over the past year.

Return vs Market: LPTH underperformed the US Market which returned 38.2% over the past year.


Shareholder returns

LPTHIndustryMarket
7 Day-10.1%-4.2%-1.9%
30 Day2.5%-1.3%1.0%
90 Day-26.4%0.1%3.8%
1 Year-15.9%-15.9%52.3%49.3%40.4%38.2%
3 Year13.8%13.8%59.7%53.2%57.5%47.8%
5 Year45.0%45.0%164.6%147.7%127.2%101.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is LightPath Technologies undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LPTH ($2.48) is trading below our estimate of fair value ($17.05)

Significantly Below Fair Value: LPTH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: LPTH is poor value based on its PE Ratio (168.1x) compared to the US Electronic industry average (23.8x).

PE vs Market: LPTH is poor value based on its PE Ratio (168.1x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: LPTH is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: LPTH is good value based on its PB Ratio (1.8x) compared to the US Electronic industry average (2.9x).


Future Growth

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

196.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LPTH's forecast earnings growth (196.3% per year) is above the savings rate (2%).

Earnings vs Market: LPTH's earnings (196.3% per year) are forecast to grow faster than the US market (15.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: LPTH's revenue (6.1% per year) is forecast to grow slower than the US market (9.5% per year).

High Growth Revenue: LPTH's revenue (6.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if LPTH's Return on Equity is forecast to be high in 3 years time


Past Performance

How has LightPath Technologies performed over the past 5 years?

-32.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LPTH has a large one-off loss of $710.8K impacting its March 31 2021 financial results.

Growing Profit Margin: LPTH became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: LPTH's earnings have declined by 32.4% per year over the past 5 years.

Accelerating Growth: LPTH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: LPTH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (13.7%).


Return on Equity

High ROE: LPTH's Return on Equity (1.1%) is considered low.


Financial Health

How is LightPath Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: LPTH's short term assets ($21.8M) exceed its short term liabilities ($7.7M).

Long Term Liabilities: LPTH's short term assets ($21.8M) exceed its long term liabilities ($5.0M).


Debt to Equity History and Analysis

Debt Level: LPTH's debt to equity ratio (14.3%) is considered satisfactory.

Reducing Debt: LPTH's debt to equity ratio has increased from 0% to 14.3% over the past 5 years.

Debt Coverage: LPTH's debt is well covered by operating cash flow (96%).

Interest Coverage: LPTH's interest payments on its debt are well covered by EBIT (9.7x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate LPTH'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 LPTH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LPTH'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 LPTH'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?

0.5yrs

Average management tenure


CEO

Sam Rubin (46 yo)

1.25yrs

Tenure

US$823,285

Compensation

Mr. Shmuel Rubin is also known as Sam has been President, Chief Executive Officer and Director at LightPath Technologies, Inc. since March 9, 2020. Mr. Rubin served as the General Manager for the Imaging S...


CEO Compensation Analysis

Compensation vs Market: Sam's total compensation ($USD823.29K) is above average for companies of similar size in the US market ($USD532.73K).

Compensation vs Earnings: Insufficient data to compare Sam's compensation with company performance.


Leadership Team

Experienced Management: LPTH's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: LPTH's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: LPTH insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.7%.


Top Shareholders

Company Information

LightPath Technologies, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: LightPath Technologies, Inc.
  • Ticker: LPTH
  • Exchange: NasdaqCM
  • Founded: 1985
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$65.883m
  • Shares outstanding: 26.57m
  • Website: https://www.lightpath.com

Number of Employees


Location

  • LightPath Technologies, Inc.
  • 2603 Challenger Tech Court
  • Suite 100
  • Orlando
  • Florida
  • 32826
  • United States

Listings


Biography

LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies. The company offers precision molded glass aspheric optics, molded and diamond-turned infrare...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/20 23:12
End of Day Share Price2021/06/18 00:00
Earnings2021/03/31
Annual Earnings2020/06/30


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.