Lightpath Technologies Stock Fundamentals
| LPTH Stock | USD 1.49 0.01 0.67% |
LightPath Technologies fundamentals help investors to digest information that contributes to LightPath Technologies' financial success or failures. It also enables traders to predict the movement of LightPath Stock. The fundamental analysis module provides a way to measure LightPath Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to LightPath Technologies stock.
As of now, LightPath Technologies' Tax Provision is increasing as compared to previous years. The LightPath Technologies' current Non Recurring is estimated to increase to 8,459, while Depreciation And Amortization is projected to decrease to under 2.1 M. LightPath | Select Account or Indicator |
LightPath Technologies Company Return On Asset Analysis
LightPath Technologies' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current LightPath Technologies Return On Asset | -0.0944 |
Most of LightPath Technologies' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, LightPath Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, LightPath Technologies has a Return On Asset of -0.0944. This is 96.73% lower than that of the Electronic Equipment, Instruments & Components sector and 99.25% lower than that of the Information Technology industry. The return on asset for all United States stocks is 32.57% lower than that of the firm.
LightPath Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining LightPath Technologies's current stock value. Our valuation model uses many indicators to compare LightPath Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across LightPath Technologies competition to find correlations between indicators driving LightPath Technologies's intrinsic value. More Info.LightPath Technologies is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . As of now, LightPath Technologies' Return On Equity is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the LightPath Technologies' earnings, one of the primary drivers of an investment's value.LightPath Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LightPath Technologies' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of LightPath Technologies could also be used in its relative valuation, which is a method of valuing LightPath Technologies by comparing valuation metrics of similar companies.LightPath Technologies is currently under evaluation in return on asset category among its peers.
LightPath Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of LightPath Technologies from analyzing LightPath Technologies' financial statements. These drivers represent accounts that assess LightPath Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of LightPath Technologies' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 86.4M | 66.8M | 33.2M | 42.7M | 49.7M | 27.2M | |
| Enterprise Value | 88.6M | 74.3M | 42.5M | 50.4M | 56.6M | 59.4M |
LightPath Fundamentals
| Return On Equity | -0.26 | ||||
| Return On Asset | -0.0944 | ||||
| Profit Margin | (0.26) % | ||||
| Operating Margin | (0.15) % | ||||
| Current Valuation | 67.61 M | ||||
| Shares Outstanding | 39.66 M | ||||
| Shares Owned By Insiders | 2.70 % | ||||
| Shares Owned By Institutions | 45.80 % | ||||
| Number Of Shares Shorted | 67.66 K | ||||
| Price To Earning | 25.96 X | ||||
| Price To Book | 2.01 X | ||||
| Price To Sales | 1.84 X | ||||
| Revenue | 31.73 M | ||||
| Gross Profit | 11.07 M | ||||
| EBITDA | (3.7 M) | ||||
| Net Income | (8.01 M) | ||||
| Cash And Equivalents | 5.51 M | ||||
| Cash Per Share | 0.20 X | ||||
| Total Debt | 10.36 M | ||||
| Debt To Equity | 0.49 % | ||||
| Current Ratio | 2.35 X | ||||
| Book Value Per Share | 0.74 X | ||||
| Cash Flow From Operations | 521.04 K | ||||
| Short Ratio | 0.99 X | ||||
| Earnings Per Share | (0.21) X | ||||
| Target Price | 3.0 | ||||
| Number Of Employees | 304 | ||||
| Beta | 1.3 | ||||
| Market Capitalization | 59.1 M | ||||
| Total Asset | 48.09 M | ||||
| Retained Earnings | (215.84 M) | ||||
| Working Capital | 7.5 M | ||||
| Current Asset | 18.67 M | ||||
| Current Liabilities | 4.53 M | ||||
| Net Asset | 48.09 M |
About LightPath Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze LightPath Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LightPath Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LightPath Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | -3 B | -2.9 B | |
| Total Revenue | 31.7 M | 17.7 M | |
| Cost Of Revenue | 23.1 M | 12.9 M | |
| Stock Based Compensation To Revenue | 0.03 | 0.03 | |
| Sales General And Administrative To Revenue | 0.33 | 0.31 | |
| Research And Ddevelopement To Revenue | 0.08 | 0.07 | |
| Capex To Revenue | 0.07 | 0.07 | |
| Revenue Per Share | 0.84 | 0.79 | |
| Ebit Per Revenue | (0.25) | (0.26) |
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When determining whether LightPath Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LightPath Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lightpath Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lightpath Technologies Stock:Check out LightPath Technologies Piotroski F Score and LightPath Technologies Altman Z Score analysis. For more detail on how to invest in LightPath Stock please use our How to Invest in LightPath Technologies guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LightPath Technologies. If investors know LightPath will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LightPath Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 49.113 | Earnings Share (0.21) | Revenue Per Share 0.833 | Quarterly Revenue Growth 0.04 | Return On Assets (0.09) |
The market value of LightPath Technologies is measured differently than its book value, which is the value of LightPath that is recorded on the company's balance sheet. Investors also form their own opinion of LightPath Technologies' value that differs from its market value or its book value, called intrinsic value, which is LightPath Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LightPath Technologies' market value can be influenced by many factors that don't directly affect LightPath Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LightPath Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if LightPath Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LightPath Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.