OTCPK:LMGR

Stock Analysis Report

Light Management Group

Executive Summary

Light Management Group, Inc., through its subsidiaries, develops new applications for optical and light technologies.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Light Management Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

LMGR

-0.1%

US Electronic

0.6%

US Market


1 Year Return

-99.0%

LMGR

29.0%

US Electronic

24.6%

US Market

Return vs Industry: LMGR underperformed the US Electronic industry which returned 30.2% over the past year.

Return vs Market: LMGR underperformed the US Market which returned 24.7% over the past year.


Shareholder returns

LMGRIndustryMarket
7 Day0%-0.1%0.6%
30 Day-99.9%1.9%3.0%
90 Day0%9.4%10.6%
1 Year-99.0%-99.0%30.3%29.0%27.3%24.6%
3 Year-99.9%-99.9%48.8%44.6%50.5%40.8%
5 Year-90.0%-90.0%88.8%79.2%78.9%59.1%

Price Volatility Vs. Market

How volatile is Light Management Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Light Management Group undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Light Management Group is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Light Management Group has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of LMGR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Light Management Group regulatory filings here.
  • Explore potentially undervalued companies in the Tech industry.

Future Growth

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

22.9%

Forecasted Tech 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 Light Management Group 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

  • Take a look at our analysis of LMGR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Light Management Group's filings and announcements here.
  • Explore growth companies in the Tech industry.

Past Performance

How has Light Management Group performed over the past 5 years?

11.9%

Historical Tech annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Light Management Group has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Light Management Group's financial position?


In this section we usually analyse Light Management Group's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Light Management Group has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of LMGR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Light Management Group's financial data was last updated here.
  • Explore more healthy companies in the Tech industry.

Dividend

What is Light Management Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if LMGR'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 LMGR's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Light Management Group's salary, the management and board of directors tenure and is there insider trading?

US$500k

CEO Compensation


CEO

Barrington Simon (73yo)

20.7yrs

Tenure

US$500,000

Compensation

Mr. Barrington L. Simon, C.G.A., has been Chief Executive Officer and Director of Light Management Group, Inc. since May 19, 1999 and also serves as its Chairman of the Board, Chief Financial Officer and C ...


Insider Trading

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


Management Team

  • Harry Wall (74yo)

    Corporate Controller

    • Arkadi Rozenchtein (71yo)

      Director of Science and Director

      • Tenure: 19.4yrs
    • Barrington Simon (73yo)

      Chairman of the Board

      • Tenure: 20.7yrs
      • Compensation: US$500.00k

    Board Members

    • Arkadi Rozenchtein (71yo)

      Director of Science and Director

      • Tenure: 19.4yrs
    • Barrington Simon (73yo)

      Chairman of the Board

      • Tenure: 20.7yrs
      • Compensation: US$500.00k
    • Ian Brock (79yo)

      Director

      • Tenure: 20.9yrs

    Company Information

    Light Management Group, Inc.'s company bio, employee growth, exchange listings and data sources


    Key Information

    • Name: Light Management Group, Inc.
    • Ticker: LMGR
    • Exchange: OTCPK
    • Founded: 1985
    • Industry: Electronic Equipment and Instruments
    • Sector: Tech
    • Market Cap: US$60.000
    • Shares outstanding: 60.30m
    • Website: https://null

    Location

    • Light Management Group, Inc.
    • 3060 Mainway Drive
    • Suite 301
    • Burlington
    • Ontario
    • L7M 1A3
    • Canada

    Listings

    TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
    LMGROTCPK (Pink Sheets LLC)YesCommon StockUSUSDJul 1998

    Biography

    Light Management Group, Inc., through its subsidiaries, develops new applications for optical and light technologies. It offers products based on its proprietary acousto-optic deflection and related non-diode laser, photonics, and optic technologies. These technologies are used in the fiber optic communications, biomedical, out-of-home advertising, industrial and aerospace markets. The company’s main product lines include Acousto-Optic Switch, RGB Projection System, and Solid-State Diode-Pumped Lasers. Light Management Group, Inc. was founded in 1985 and is based in Burlington, Canada. 


    Company Analysis and Financial Data Status

    All financial data provided by Standard & Poor's Capital IQ.
    DataLast Updated (UTC time)
    Company Analysis2020/01/22 23:54
    End of Day Share Price2020/01/14 00:00
    Earnings2002/09/30
    Annual Earnings2001/12/31


    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.