NLIGHT INC (LASR) Fundamental Analysis & Valuation

NASDAQ:LASR • US65487K1007

Current stock price

71.56 USD
+1.61 (+2.3%)
At close:
74 USD
+2.44 (+3.41%)
Pre-Market:

This LASR fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

2

1. LASR Profitability Analysis

1.1 Basic Checks

  • LASR had positive earnings in the past year.
  • In the past year LASR had a positive cash flow from operations.
  • LASR had negative earnings in each of the past 5 years.
  • In multiple years LASR reported negative operating cash flow during the last 5 years.
LASR Yearly Net Income VS EBIT VS OCF VS FCFLASR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M -20M -40M -60M

1.2 Ratios

  • The Return On Assets of LASR (-7.44%) is worse than 62.10% of its industry peers.
  • LASR has a Return On Equity of -10.35%. This is in the lower half of the industry: LASR underperforms 61.29% of its industry peers.
Industry RankSector Rank
ROA -7.44%
ROE -10.35%
ROIC N/A
ROA(3y)-14.51%
ROA(5y)-13.61%
ROE(3y)-18.27%
ROE(5y)-16.96%
ROIC(3y)N/A
ROIC(5y)N/A
LASR Yearly ROA, ROE, ROICLASR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 -20 -30 -40

1.3 Margins

  • LASR has a Gross Margin (29.83%) which is comparable to the rest of the industry.
  • LASR's Gross Margin has improved in the last couple of years.
  • LASR does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 29.83%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y12.45%
GM growth 5Y2.27%
LASR Yearly Profit, Operating, Gross MarginsLASR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20

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ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. LASR Health Analysis

2.1 Basic Checks

  • LASR does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for LASR has been increased compared to 1 year ago.
  • LASR has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, LASR has a worse debt to assets ratio.
LASR Yearly Shares OutstandingLASR Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M 50M
LASR Yearly Total Debt VS Total AssetsLASR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M

2.2 Solvency

  • LASR has an Altman-Z score of 26.79. This indicates that LASR is financially healthy and has little risk of bankruptcy at the moment.
  • LASR has a Altman-Z score of 26.79. This is amongst the best in the industry. LASR outperforms 95.97% of its industry peers.
  • The Debt to FCF ratio of LASR is 1.63, which is an excellent value as it means it would take LASR, only 1.63 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 1.63, LASR belongs to the top of the industry, outperforming 82.26% of the companies in the same industry.
  • A Debt/Equity ratio of 0.09 indicates that LASR is not too dependend on debt financing.
  • LASR's Debt to Equity ratio of 0.09 is in line compared to the rest of the industry. LASR outperforms 52.42% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.09
Debt/FCF 1.63
Altman-Z 26.79
ROIC/WACCN/A
WACC9.48%
LASR Yearly LT Debt VS Equity VS FCFLASR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M

2.3 Liquidity

  • LASR has a Current Ratio of 3.79. This indicates that LASR is financially healthy and has no problem in meeting its short term obligations.
  • LASR's Current ratio of 3.79 is fine compared to the rest of the industry. LASR outperforms 70.97% of its industry peers.
  • LASR has a Quick Ratio of 3.08. This indicates that LASR is financially healthy and has no problem in meeting its short term obligations.
  • LASR's Quick ratio of 3.08 is fine compared to the rest of the industry. LASR outperforms 75.00% of its industry peers.
Industry RankSector Rank
Current Ratio 3.79
Quick Ratio 3.08
LASR Yearly Current Assets VS Current LiabilitesLASR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. LASR Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 136.92% over the past year.
  • The Earnings Per Share has been growing by 8.45% on average over the past years. This is quite good.
  • The Revenue has grown by 31.62% in the past year. This is a very strong growth!
  • The Revenue has been growing slightly by 3.24% on average over the past years.
EPS 1Y (TTM)136.92%
EPS 3YN/A
EPS 5Y8.45%
EPS Q2Q%146.67%
Revenue 1Y (TTM)31.62%
Revenue growth 3Y2.58%
Revenue growth 5Y3.24%
Sales Q2Q%71.35%

3.2 Future

  • The Earnings Per Share is expected to grow by 69.71% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, LASR will show a quite strong growth in Revenue. The Revenue will grow by 17.42% on average per year.
EPS Next Y28.11%
EPS Next 2Y43.97%
EPS Next 3Y69.71%
EPS Next 5YN/A
Revenue Next Year10.86%
Revenue Next 2Y12.66%
Revenue Next 3Y17.42%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
LASR Yearly Revenue VS EstimatesLASR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 100M 200M 300M 400M
LASR Yearly EPS VS EstimatesLASR Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.5 -0.5 1

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Find the best growth stocksShow best growing peers

2

4. LASR Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 298.17, which means the current valuation is very expensive for LASR.
  • The rest of the industry has a similar Price/Earnings ratio as LASR.
  • Compared to an average S&P500 Price/Earnings ratio of 25.50, LASR is valued quite expensively.
  • Based on the Price/Forward Earnings ratio of 232.75, the valuation of LASR can be described as expensive.
  • The rest of the industry has a similar Price/Forward Earnings ratio as LASR.
  • The average S&P500 Price/Forward Earnings ratio is at 22.67. LASR is valued rather expensively when compared to this.
Industry RankSector Rank
PE 298.17
Fwd PE 232.75
LASR Price Earnings VS Forward Price EarningsLASR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150 200 250

4.2 Price Multiples

  • LASR's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 324.63
EV/EBITDA N/A
LASR Per share dataLASR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • LASR's earnings are expected to grow with 69.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)10.61
PEG (5Y)35.3
EPS Next 2Y43.97%
EPS Next 3Y69.71%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. LASR Dividend Analysis

5.1 Amount

  • LASR does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

LASR Fundamentals: All Metrics, Ratios and Statistics

NLIGHT INC

NASDAQ:LASR (3/24/2026, 8:00:02 PM)

Premarket: 74 +2.44 (+3.41%)

71.56

+1.61 (+2.3%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-26
Earnings (Next)05-06
Inst Owners82.54%
Inst Owner Change5.11%
Ins Owners5.12%
Ins Owner Change-0.69%
Market Cap3.99B
Revenue(TTM)261.33M
Net Income(TTM)-23.47M
Analysts83.08
Price Target51.51 (-28.02%)
Short Float %4.57%
Short Ratio1.52
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)176.33%
Min EPS beat(2)24.78%
Max EPS beat(2)327.89%
EPS beat(4)4
Avg EPS beat(4)149.26%
Min EPS beat(4)24.78%
Max EPS beat(4)327.89%
EPS beat(8)7
Avg EPS beat(8)73.56%
EPS beat(12)10
Avg EPS beat(12)60.16%
EPS beat(16)12
Avg EPS beat(16)42.13%
Revenue beat(2)2
Avg Revenue beat(2)3.09%
Min Revenue beat(2)2.42%
Max Revenue beat(2)3.75%
Revenue beat(4)4
Avg Revenue beat(4)5.56%
Min Revenue beat(4)2.42%
Max Revenue beat(4)9.56%
Revenue beat(8)5
Avg Revenue beat(8)2.6%
Revenue beat(12)7
Avg Revenue beat(12)2.27%
Revenue beat(16)7
Avg Revenue beat(16)0.63%
PT rev (1m)3.06%
PT rev (3m)21.69%
EPS NQ rev (1m)44%
EPS NQ rev (3m)36.97%
EPS NY rev (1m)-8.31%
EPS NY rev (3m)-0.94%
Revenue NQ rev (1m)4.38%
Revenue NQ rev (3m)3.25%
Revenue NY rev (1m)1.17%
Revenue NY rev (3m)0.18%
Valuation
Industry RankSector Rank
PE 298.17
Fwd PE 232.75
P/S 15.28
P/FCF 324.63
P/OCF 187.17
P/B 17.61
P/tB 18.63
EV/EBITDA N/A
EPS(TTM)0.24
EY0.34%
EPS(NY)0.31
Fwd EY0.43%
FCF(TTM)0.22
FCFY0.31%
OCF(TTM)0.38
OCFY0.53%
SpS4.68
BVpS4.06
TBVpS3.84
PEG (NY)10.61
PEG (5Y)35.3
Graham Number4.68
Profitability
Industry RankSector Rank
ROA -7.44%
ROE -10.35%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 29.83%
FCFM 4.71%
ROA(3y)-14.51%
ROA(5y)-13.61%
ROE(3y)-18.27%
ROE(5y)-16.96%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y12.45%
GM growth 5Y2.27%
F-Score6
Asset Turnover0.83
Health
Industry RankSector Rank
Debt/Equity 0.09
Debt/FCF 1.63
Debt/EBITDA N/A
Cap/Depr 63.35%
Cap/Sales 3.46%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 3.79
Quick Ratio 3.08
Altman-Z 26.79
F-Score6
WACC9.48%
ROIC/WACCN/A
Cap/Depr(3y)47.25%
Cap/Depr(5y)84.65%
Cap/Sales(3y)3.33%
Cap/Sales(5y)5.39%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)136.92%
EPS 3YN/A
EPS 5Y8.45%
EPS Q2Q%146.67%
EPS Next Y28.11%
EPS Next 2Y43.97%
EPS Next 3Y69.71%
EPS Next 5YN/A
Revenue 1Y (TTM)31.62%
Revenue growth 3Y2.58%
Revenue growth 5Y3.24%
Sales Q2Q%71.35%
Revenue Next Year10.86%
Revenue Next 2Y12.66%
Revenue Next 3Y17.42%
Revenue Next 5YN/A
EBIT growth 1Y60.55%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year210.04%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y219.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y1004.2%
OCF growth 3YN/A
OCF growth 5Y10.34%

NLIGHT INC / LASR Fundamental Analysis FAQ

What is the ChartMill fundamental rating of NLIGHT INC (LASR) stock?

ChartMill assigns a fundamental rating of 5 / 10 to LASR.


What is the valuation status for LASR stock?

ChartMill assigns a valuation rating of 2 / 10 to NLIGHT INC (LASR). This can be considered as Overvalued.


How profitable is NLIGHT INC (LASR) stock?

NLIGHT INC (LASR) has a profitability rating of 2 / 10.


What is the expected EPS growth for NLIGHT INC (LASR) stock?

The Earnings per Share (EPS) of NLIGHT INC (LASR) is expected to grow by 28.11% in the next year.