LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies. More Details
Excellent balance sheet and good value.
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.
7 Day Return
1 Year Return
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.
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
2 weeks ago | Simply Wall StLightPath Technologies, Inc.'s (NASDAQ:LPTH) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
1 month ago | Simply Wall StIs Now The Time To Look At Buying LightPath Technologies, Inc. (NASDAQ:LPTH)?
2 months ago | Simply Wall StLightPath Technologies (NASDAQ:LPTH) Has A Pretty Healthy Balance Sheet
Is LightPath Technologies 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: 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).
How is LightPath Technologies forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
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
How has LightPath Technologies performed over the past 5 years?
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.
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 ($5.0M).
Debt to Equity History and Analysis
Debt Level: LPTH's debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: LPTH's debt to equity ratio has increased from 0% to 14.3% over the past 5 years.
Debt Coverage: LPTH's debt is well covered by operating cash flow (96%).
Interest Coverage: LPTH's interest payments on its debt are well covered by EBIT (9.7x coverage).
What is LightPath Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LPTH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LPTH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LPTH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LPTH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LPTH's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sam Rubin (46 yo)
Mr. Shmuel Rubin is also known as Sam has been President, Chief Executive Officer and Director at LightPath Technologies, Inc. since March 9, 2020. Mr. Rubin served as the General Manager for the Imaging S...
CEO Compensation Analysis
Compensation vs Market: Sam's total compensation ($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.
Experienced Management: LPTH's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Experienced Board: LPTH's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.7%.
LightPath Technologies, Inc.'s company bio, employee growth, exchange listings and data sources
- 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
- LightPath Technologies, Inc.
- 2603 Challenger Tech Court
- Suite 100
- United States
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/20 23:12|
|End of Day Share Price||2021/06/18 00:00|
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.