NasdaqCM:LPTH

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LightPath Technologies

Executive Summary

LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies.


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

8.4%

LPTH

2.4%

US Electronic

2.6%

US Market


1 Year Return

539.5%

LPTH

12.7%

US Electronic

15.4%

US Market

Return vs Industry: LPTH exceeded the US Electronic industry which returned 14.4% over the past year.

Return vs Market: LPTH exceeded the US Market which returned 16.2% over the past year.


Shareholder returns

LPTHIndustryMarket
7 Day8.4%2.4%2.6%
30 Day54.6%9.6%6.1%
90 Day113.2%17.1%16.6%
1 Year539.5%539.5%13.9%12.7%17.8%15.4%
3 Year82.4%82.4%28.1%24.5%43.9%34.7%
5 Year183.0%183.0%79.7%71.5%76.2%57.3%

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 ($4.67) is trading below our estimate of fair value ($18.91)

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


Price To Earnings Ratio

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

PE vs Market: LPTH 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 LPTH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LPTH is overvalued based on its PB Ratio (3.6x) compared to the US Electronic industry average (2x).


Next Steps

Future Growth

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

182.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LPTH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: LPTH is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: LPTH's is expected to become profitable in the next 3 years.

Revenue vs Market: LPTH's revenue (6.6% per year) is forecast to grow slower than the US market (9.4% per year).

High Growth Revenue: LPTH's revenue (6.6% 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


Next Steps

Past Performance

How has LightPath Technologies performed over the past 5 years?

-20.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LPTH is currently unprofitable.

Growing Profit Margin: LPTH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LPTH is unprofitable, and losses have increased over the past 5 years at a rate of 20.4% per year.

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

Earnings vs Industry: LPTH is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-9.6%).


Return on Equity

High ROE: LPTH has a negative Return on Equity (-4.58%), as it is currently unprofitable.


Next Steps

Financial Health

How is LightPath Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: LPTH's short term assets ($19.8M) exceed its short term liabilities ($6.1M).

Long Term Liabilities: LPTH's short term assets ($19.8M) exceed its long term liabilities ($6.0M).


Debt to Equity History and Analysis

Debt Level: LPTH's debt to equity ratio (15.2%) is considered satisfactory.

Reducing Debt: LPTH's debt to equity ratio has increased from 0.01% to 15.2% over the past 5 years.

Debt Coverage: LPTH's debt is well covered by operating cash flow (43.7%).

Interest Coverage: LPTH is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

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?

0.4yrs

Average management tenure


CEO

Sam Rubin (46 yo)

0.42

Tenure

Mr. Sam Rubin 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 Systems Division of Thorl ...


Leadership Team

NamePositionTenureCompensationOwnership
Donald Retreage
Senior VP & CFO2.17yrsUS$241.25k0.0097%
$ 11.1k
Shmuel Rubin
President0.42yrno data0.044%
$ 50.3k
Mark Palvino
Vice President of Global Sales & Marketing0.17yrno datano data

0.4yrs

Average Tenure

Experienced Management: LPTH's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Shmuel Rubin
President0.42yrno data0.044%
$ 50.3k
Robert Ripp
Independent Chairman of the Board20.75yrsUS$160.00k3.03%
$ 3.5m
Sohail Khan
Independent Director15.5yrsUS$100.00k0.080%
$ 91.7k
Louis Leeburg
Independent Director24.25yrsUS$104.00k0.40%
$ 455.9k
Steven R. Brueck
Chairman of Technical Advisory Board & Independent Directorno dataUS$96.00k0.31%
$ 354.6k
M. Faris
Independent Director8.67yrsUS$96.00kno data
Craig Dunham
Independent Director4.33yrsUS$96.00k0.71%
$ 813.8k
Joseph Menaker
Director1.75yrsUS$96.00k1.87%
$ 2.1m
Darcie Peck
Director0.75yrno datano data

6.5yrs

Average Tenure

64yo

Average Age

Experienced Board: LPTH's board of directors are considered experienced (6.5 years average tenure).


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 not been meaningfully diluted in the past year.


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$114.830m
  • Shares outstanding: 25.86m
  • Website: https://www.lightpath.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LPTHNasdaqCM (Nasdaq Capital Market)YesClass A Common StockUSUSDFeb 1996
LPZBDB (Deutsche Boerse AG)YesClass A Common StockDEEURFeb 1996

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 Analysis2020/08/06 00:42
End of Day Share Price2020/08/05 00:00
Earnings2020/03/31
Annual Earnings2019/06/30


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.