46.495 USD
+0.52 (+1.12%)
We assign a fundamental rating of 3 out of 10 to LASR. LASR was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. While LASR seems to be doing ok healthwise, there are quite some concerns on its profitability. LASR is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year LASR has reported negative net income.
- LASR had a negative operating cash flow in the past year.
- LASR had negative earnings in each of the past 5 years.
- The reported operating cash flow has been mixed in the past 5 years: LASR reported negative operating cash flow in multiple years.
1.2 Ratios
- With a Return On Assets value of -14.57%, LASR is not doing good in the industry: 67.48% of the companies in the same industry are doing better.
- LASR has a Return On Equity of -19.92%. This is in the lower half of the industry: LASR underperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -14.57% | ||
| ROE | -19.92% | ||
| ROIC | N/A |
ROA(3y)-17.55%
ROA(5y)-13.6%
ROE(3y)-21.54%
ROE(5y)-16.79%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- LASR's Gross Margin of 23.80% is in line compared to the rest of the industry. LASR outperforms 40.65% of its industry peers.
- In the last couple of years the Gross Margin of LASR has declined.
- LASR does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 23.8% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-16.55%
GM growth 5Y-10.9%
2. Health
2.1 Basic Checks
- LASR does not have a ROIC to compare to the WACC, probably because it is not profitable.
- LASR has more shares outstanding than it did 1 year ago.
- LASR has more shares outstanding than it did 5 years ago.
- There is no outstanding debt for LASR. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- LASR has an Altman-Z score of 16.92. This indicates that LASR is financially healthy and has little risk of bankruptcy at the moment.
- LASR has a better Altman-Z score (16.92) than 94.31% of its industry peers.
- LASR has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
- With a Debt to Equity ratio value of 0.09, LASR perfoms like the industry average, outperforming 55.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 16.92 |
ROIC/WACCN/A
WACC8.88%
2.3 Liquidity
- LASR has a Current Ratio of 5.63. This indicates that LASR is financially healthy and has no problem in meeting its short term obligations.
- LASR has a Current ratio of 5.63. This is amongst the best in the industry. LASR outperforms 83.74% of its industry peers.
- A Quick Ratio of 4.36 indicates that LASR has no problem at all paying its short term obligations.
- With an excellent Quick ratio value of 4.36, LASR belongs to the best of the industry, outperforming 82.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.63 | ||
| Quick Ratio | 4.36 |
3. Growth
3.1 Past
- LASR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 58.33%, which is quite impressive.
- LASR shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.05%.
- LASR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.37% yearly.
EPS 1Y (TTM)58.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%200%
Revenue 1Y (TTM)12.05%
Revenue growth 3Y-9.75%
Revenue growth 5Y2.37%
Sales Q2Q%18.91%
3.2 Future
- The Earnings Per Share is expected to grow by 38.49% on average over the next years. This is a very strong growth
- LASR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.25% yearly.
EPS Next Y133.84%
EPS Next 2Y58.24%
EPS Next 3Y38.49%
EPS Next 5YN/A
Revenue Next Year29.56%
Revenue Next 2Y20.31%
Revenue Next 3Y17.25%
Revenue Next 5YN/A
3.3 Evolution
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- LASR reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- A Price/Forward Earnings ratio of 141.89 indicates a quite expensive valuation of LASR.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of LASR is on the same level as its industry peers.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.83, LASR is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 141.89 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- LASR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- A more expensive valuation may be justified as LASR's earnings are expected to grow with 38.49% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y58.24%
EPS Next 3Y38.49%
5. Dividend
5.1 Amount
- LASR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NLIGHT INC / LASR FAQ
What is the ChartMill fundamental rating of NLIGHT INC (LASR) stock?
ChartMill assigns a fundamental rating of 3 / 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 1 / 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 133.84% in the next year.