LightPath Technologies Key Fundamental Indicators

LPTH Stock  USD 11.40  0.84  7.95%   
As of the 9th of February, LightPath Technologies secures the Mean Deviation of 4.98, downside deviation of 7.23, and Risk Adjusted Performance of 0.0824. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of LightPath Technologies, as well as the relationship between them.

LightPath Technologies Total Revenue

44.92 Million

LightPath Technologies' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing LightPath Technologies' valuation are provided below:
Gross Profit
11.8 M
Profit Margin
(0.37)
Market Capitalization
563.1 M
Enterprise Value Revenue
12.9254
Revenue
43.9 M
We have found one hundred twenty available fundamental ratios for LightPath Technologies, which can be analyzed and compared to other ratios and to its peers in the industry. Traders should compare all of LightPath Technologies last-minute fundamentals against the fundamentals between 2010 and 2026 to make sure the company is sustainable this year. The LightPath Technologies' current Market Cap is estimated to increase to about 119 M. The LightPath Technologies' current Enterprise Value is estimated to increase to about 128.7 M This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
As of now, LightPath Technologies' Cost Of Revenue is increasing as compared to previous years. The LightPath Technologies' current Total Operating Expenses is estimated to increase to about 26.5 M, while Depreciation And Amortization is projected to decrease to under 2.1 M.
  
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LightPath Technologies Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets98.4 M93.7 M42.9 M
Slightly volatile
Other Current Liabilities9.7 M9.3 M3.2 M
Slightly volatile
Total Current Liabilities20.6 M19.7 M7.4 M
Slightly volatile
Total Stockholder Equity21.4 M18 M21 M
Slightly volatile
Property Plant And Equipment Net28.1 M26.8 M13.5 M
Slightly volatile
Accounts PayableM8.5 M3.1 M
Slightly volatile
CashM4.4 M4.2 M
Slightly volatile
Non Current Assets Total64.2 M61.1 M25.5 M
Slightly volatile
Cash And Short Term InvestmentsM4.4 M4.2 M
Slightly volatile
Common Stock Shares Outstanding49.4 M47 M25.4 M
Slightly volatile
Liabilities And Stockholders Equity98.4 M93.7 M42.9 M
Slightly volatile
Non Current Liabilities Total58.9 M56.1 M14.6 M
Slightly volatile
Inventory15.5 M14.8 M6.7 M
Slightly volatile
Other Current Assets1.4 M1.4 M841.3 K
Slightly volatile
Other Stockholder Equity204 M281.7 M216.2 M
Slightly volatile
Total Liabilities79.5 M75.7 M22 M
Slightly volatile
Property Plant And Equipment Gross53.7 M51.2 M18.8 M
Slightly volatile
Total Current Assets34.3 M32.6 M17.4 M
Slightly volatile
Net Receivables11.4 M10.9 M5.4 M
Slightly volatile
Common Stock Total Equity325.9 K310.3 K228.3 K
Slightly volatile
Common Stock518.6 K493.9 K273.2 K
Slightly volatile
Property Plant Equipment27 M25.7 M13.7 M
Slightly volatile
Short and Long Term Debt Total18.3 M17.5 M8.1 M
Slightly volatile
Short Term DebtM1.9 M1.1 M
Slightly volatile
Other Assets310.5 K185.3 K487 K
Slightly volatile
Long Term Debt5.8 M5.5 MM
Slightly volatile
Other Liabilities650.5 K418.5 K752.2 K
Slightly volatile
Net Tangible Assets16.5 M30.8 M16.7 M
Slightly volatile
Long Term Debt Total3.6 M4.7 M3.2 M
Slightly volatile
Capital Surpluse242.6 M266.2 M226.4 M
Slightly volatile
Capital Lease Obligations12.3 M11.7 M4.7 M
Slightly volatile
Short and Long Term Debt188.5 K198.5 K509.7 K
Pretty Stable
Net Invested Capital28.8 M18.6 M36.2 M
Slightly volatile
Net Working Capital9.9 M10.1 M12.6 M
Slightly volatile
Deferred Long Term Asset Charges125.7 K132.3 K289.6 K
Slightly volatile
Capital Stock354 K493.9 K303.9 K
Slightly volatile

LightPath Technologies Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization2.1 M3.7 M2.5 M
Slightly volatile
Interest Expense956.1 KM519.8 K
Very volatile
Selling General Administrative19.1 M18.2 M9.6 M
Slightly volatile
Total Revenue44.9 M42.8 M27 M
Slightly volatile
Gross Profit6.3 M11.6 M9.2 M
Slightly volatile
Other Operating Expenses59.2 M56.4 M30.1 M
Slightly volatile
Total Operating Expenses26.5 M25.2 M12.6 M
Slightly volatile
Research Development1.4 M2.8 M1.7 M
Slightly volatile
Interest Income560 K801.7 K592.5 K
Slightly volatile
Reconciled Depreciation3.8 M4.8 M3.1 M
Slightly volatile
Extraordinary Items80 K90 K98.2 K
Slightly volatile

LightPath Technologies Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation2.1 M3.7 M2.5 M
Slightly volatile
Capital Expenditures1.7 M1.5 M1.7 M
Slightly volatile
End Period Cash Flow5.1 M4.4 M4.5 M
Slightly volatile
Begin Period Cash Flow5.1 M3.1 M4.2 M
Slightly volatile
Stock Based Compensation892.2 K939.1 K848.7 K
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.73.8912.244
Slightly volatile
PTB Ratio9.729.253.607
Slightly volatile
Days Sales Outstanding80.3110775.5507
Pretty Stable
Book Value Per Share0.420.441.1238
Slightly volatile
Average PayablesM4.8 MM
Slightly volatile
Stock Based Compensation To Revenue0.03060.03230.0632
Slightly volatile
Capex To Depreciation0.330.350.8665
Slightly volatile
PB Ratio9.729.253.607
Slightly volatile
EV To Sales4.04.2111.0699
Slightly volatile
Inventory Turnover4.142.422.805
Pretty Stable
Days Of Inventory On Hand155199187
Slightly volatile
Sales General And Administrative To Revenue0.310.330.8549
Slightly volatile
Average Inventory9.2 M8.7 M6.2 M
Slightly volatile
Research And Ddevelopement To Revenue0.090.09470.1331
Slightly volatile
Capex To Revenue0.03710.0390.1539
Slightly volatile
Cash Per Share0.130.140.474
Slightly volatile
Days Payables Outstanding94.11115112
Slightly volatile
Intangibles To Total Assets0.340.330.2456
Slightly volatile
Current Ratio1.811.913.0864
Slightly volatile
Receivables Turnover4.383.545.0693
Pretty Stable
Shareholders Equity Per Share0.420.441.1238
Slightly volatile
Debt To Equity0.920.870.3401
Slightly volatile
Capex Per Share0.03370.03550.0937
Slightly volatile
Average Receivables6.8 M6.5 M4.8 M
Slightly volatile
Revenue Per Share0.991.051.0702
Pretty Stable
Interest Debt Per Share0.180.360.2648
Slightly volatile
Debt To Assets0.10.170.1399
Slightly volatile
Graham Number1.170.91.0994
Very volatile
Operating Cycle219306205
Slightly volatile
Price Book Value Ratio9.729.253.607
Slightly volatile
Days Of Payables Outstanding94.11115112
Slightly volatile
Ebt Per Ebit1.11.441.127
Very volatile
Company Equity Multiplier4.924.692.1254
Slightly volatile
Long Term Debt To Capitalization0.170.270.1388
Pretty Stable
Total Debt To Capitalization0.470.440.2163
Slightly volatile
Debt Equity Ratio0.920.870.3401
Slightly volatile
Quick Ratio0.991.042.1143
Slightly volatile
Net Income Per E B T1.681.151.3221
Very volatile
Cash Ratio0.310.331.1088
Slightly volatile
Cash Conversion Cycle98.1149142
Very volatile
Days Of Inventory Outstanding155199187
Slightly volatile
Days Of Sales Outstanding80.3110775.5507
Pretty Stable
Price To Book Ratio9.729.253.607
Slightly volatile
Fixed Asset Turnover3.631.842.7592
Slightly volatile
Debt Ratio0.10.170.1399
Slightly volatile
Price Sales Ratio3.73.8912.244
Slightly volatile
Asset Turnover0.670.410.7696
Slightly volatile
Gross Profit Margin0.40.310.4513
Slightly volatile
Price Fair Value9.729.253.607
Slightly volatile

LightPath Technologies Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap119 M113.3 M51.9 M
Slightly volatile
Enterprise Value128.7 M122.6 M55.5 M
Slightly volatile

LightPath Fundamental Market Drivers

Forward Price Earnings217.3913
Cash And Short Term Investments4.9 M

LightPath Upcoming Events

8th of February 2024
Upcoming Quarterly Report
View
9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
12th of September 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
30th of June 2023
Last Financial Announcement
View

LightPath Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for LightPath Technologies is extremely important. It helps to project a fair market value of LightPath Stock properly, considering its historical fundamentals such as Return On Asset. Since LightPath Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of LightPath Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of LightPath Technologies' interrelated accounts and indicators.
Is there potential for Electronic Equipment, Instruments & Components market expansion? Will LightPath introduce new products? Factors like these will boost the valuation of LightPath Technologies. Expected growth trajectory for LightPath significantly influences the price investors are willing to assign. Understanding fair value requires weighing current performance against future potential. 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
(0.39)
Revenue Per Share
1.049
Quarterly Revenue Growth
0.793
Return On Assets
(0.08)
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. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. 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.
Understanding that LightPath Technologies' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether LightPath Technologies represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, LightPath Technologies' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

LightPath Technologies 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to LightPath Technologies' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of LightPath Technologies.
0.00
11/11/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/09/2026
0.00
If you would invest  0.00  in LightPath Technologies on November 11, 2025 and sell it all today you would earn a total of 0.00 from holding LightPath Technologies or generate 0.0% return on investment in LightPath Technologies over 90 days. LightPath Technologies is related to or competes with Microvision, Commerce, Nano Dimension, Lesaka Technologies, Frequency Electronics, 3D Systems, and Veritone. LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies More

LightPath Technologies Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure LightPath Technologies' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess LightPath Technologies upside and downside potential and time the market with a certain degree of confidence.

LightPath Technologies Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for LightPath Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LightPath Technologies' standard deviation. In reality, there are many statistical measures that can use LightPath Technologies historical prices to predict the future LightPath Technologies' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LightPath Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
3.029.9516.88
Details
Intrinsic
Valuation
LowRealHigh
3.9210.8517.78
Details
5 Analysts
Consensus
LowTargetHigh
12.1913.4014.87
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.0075-0.0075-0.0075
Details

LightPath Technologies February 9, 2026 Technical Indicators

LightPath Technologies Backtested Returns

LightPath Technologies appears to be slightly risky, given 3 months investment horizon. LightPath Technologies has Sharpe Ratio of 0.0982, which conveys that the firm had a 0.0982 % return per unit of risk over the last 3 months. By analyzing LightPath Technologies' technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please exercise LightPath Technologies' Downside Deviation of 7.23, mean deviation of 4.98, and Risk Adjusted Performance of 0.0824 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, LightPath Technologies holds a performance score of 7. The company secures a Beta (Market Risk) of 1.69, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, LightPath Technologies will likely underperform. Please check LightPath Technologies' potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether LightPath Technologies' current price movements will revert.

Auto-correlation

    
  0.09  

Virtually no predictability

LightPath Technologies has virtually no predictability. Overlapping area represents the amount of predictability between LightPath Technologies time series from 11th of November 2025 to 26th of December 2025 and 26th of December 2025 to 9th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of LightPath Technologies price movement. The serial correlation of 0.09 indicates that less than 9.0% of current LightPath Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient0.09
Spearman Rank Test0.04
Residual Average0.0
Price Variance1.74
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.
Competition

LightPath Total Assets

Total Assets

98.42 Million

As of now, LightPath Technologies' Total Assets are increasing as compared to previous years.
Based on the latest financial disclosure, LightPath Technologies has a Return On Asset of -0.0827. This is 97.14% lower than that of the Electronic Equipment, Instruments & Components sector and 99.34% lower than that of the Information Technology industry. The return on asset for all United States stocks is 40.93% 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 is rated below average in return on asset category among its peers . As of now, LightPath Technologies' Return On Equity is decreasing 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 Technologies' Earnings Breakdown by Geography

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.
202120222023202420252026 (projected)
Market Cap33.2M42.7M49.7M125.9M113.3M119.0M
Enterprise Value42.5M50.4M56.6M136.2M122.6M128.7M

LightPath Technologies ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, LightPath Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to LightPath Technologies' managers, analysts, and investors.
Environmental
Governance
Social

LightPath Fundamentals

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 ReportedProjected for Next Year
Current Deferred Revenue-3 B-2.9 B
Total Revenue42.8 M44.9 M
Cost Of Revenue31.1 M32.7 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 0.09  0.09 
Capex To Revenue 0.04  0.04 
Revenue Per Share 1.05  0.99 
Ebit Per Revenue(0.29)(0.30)

Currently Active Assets on Macroaxis

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:
Is there potential for Electronic Equipment, Instruments & Components market expansion? Will LightPath introduce new products? Factors like these will boost the valuation of LightPath Technologies. Expected growth trajectory for LightPath significantly influences the price investors are willing to assign. Understanding fair value requires weighing current performance against future potential. 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
(0.39)
Revenue Per Share
1.049
Quarterly Revenue Growth
0.793
Return On Assets
(0.08)
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. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. 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.
Understanding that LightPath Technologies' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether LightPath Technologies represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, LightPath Technologies' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.