Logo image of LPTH

LIGHTPATH TECHNOLOGIES INC-A (LPTH) Stock Fundamental Analysis

NASDAQ:LPTH - Nasdaq - US5322578056 - Common Stock - Currency: USD

3.52  -0.07 (-1.95%)

Fundamental Rating

2

Overall LPTH gets a fundamental rating of 2 out of 10. We evaluated LPTH against 124 industry peers in the Electronic Equipment, Instruments & Components industry. Both the profitability and financial health of LPTH have multiple concerns. LPTH is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

1

1. Profitability

1.1 Basic Checks

In the past year LPTH has reported negative net income.
LPTH had a negative operating cash flow in the past year.
LPTH had negative earnings in 4 of the past 5 years.
LPTH had a positive operating cash flow in 4 of the past 5 years.
LPTH Yearly Net Income VS EBIT VS OCF VS FCFLPTH Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5M -5M

1.2 Ratios

Looking at the Return On Assets, with a value of -30.60%, LPTH is doing worse than 78.23% of the companies in the same industry.
LPTH has a worse Return On Equity (-49.71%) than 76.61% of its industry peers.
Industry RankSector Rank
ROA -30.6%
ROE -49.71%
ROIC N/A
ROA(3y)-10.4%
ROA(5y)-7.04%
ROE(3y)-16.56%
ROE(5y)-11.33%
ROIC(3y)N/A
ROIC(5y)N/A
LPTH Yearly ROA, ROE, ROICLPTH Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 -20

1.3 Margins

LPTH has a Gross Margin (29.63%) which is in line with its industry peers.
LPTH's Gross Margin has declined in the last couple of years.
The Profit Margin and Operating Margin are not available for LPTH so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 29.63%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.03%
GM growth 5Y-6.01%
LPTH Yearly Profit, Operating, Gross MarginsLPTH Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40

More info and screens

3

2. Health

2.1 Basic Checks

LPTH does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for LPTH has been increased compared to 1 year ago.
The number of shares outstanding for LPTH has been increased compared to 5 years ago.
Compared to 1 year ago, LPTH has an improved debt to assets ratio.
LPTH Yearly Shares OutstandingLPTH Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
LPTH Yearly Total Debt VS Total AssetsLPTH Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M

2.2 Solvency

LPTH has an Altman-Z score of -0.62. This is a bad value and indicates that LPTH is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -0.62, LPTH is not doing good in the industry: 79.03% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.10 indicates that LPTH is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.10, LPTH is in line with its industry, outperforming 54.84% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF N/A
Altman-Z -0.62
ROIC/WACCN/A
WACC9.5%
LPTH Yearly LT Debt VS Equity VS FCFLPTH Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M 20M 30M

2.3 Liquidity

A Current Ratio of 2.30 indicates that LPTH has no problem at all paying its short term obligations.
With a Current ratio value of 2.30, LPTH perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
LPTH has a Quick Ratio of 1.26. This is a normal value and indicates that LPTH is financially healthy and should not expect problems in meeting its short term obligations.
LPTH has a worse Quick ratio (1.26) than 64.52% of its industry peers.
Industry RankSector Rank
Current Ratio 2.3
Quick Ratio 1.26
LPTH Yearly Current Assets VS Current LiabilitesLPTH Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M

More info and screens

4

3. Growth

3.1 Past

LPTH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -44.44%.
Looking at the last year, LPTH shows a small growth in Revenue. The Revenue has grown by 2.60% in the last year.
The Revenue has been decreasing by -1.23% on average over the past years.
EPS 1Y (TTM)-44.44%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-28.57%
Revenue 1Y (TTM)2.6%
Revenue growth 3Y-6.21%
Revenue growth 5Y-1.23%
Sales Q2Q%19.06%

3.2 Future

Based on estimates for the next years, LPTH will show a very strong growth in Earnings Per Share. The EPS will grow by 26.96% on average per year.
Based on estimates for the next years, LPTH will show a very strong growth in Revenue. The Revenue will grow by 23.48% on average per year.
EPS Next Y-9.42%
EPS Next 2Y22.44%
EPS Next 3Y26.96%
EPS Next 5YN/A
Revenue Next Year18.5%
Revenue Next 2Y30.86%
Revenue Next 3Y23.48%
Revenue Next 5YN/A

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
LPTH Yearly Revenue VS EstimatesLPTH Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 20M 40M 60M
LPTH Yearly EPS VS EstimatesLPTH Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.1 -0.1 -0.2

More info and screens

1

4. Valuation

4.1 Price/Earnings Ratio

LPTH reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year LPTH is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
LPTH Price Earnings VS Forward Price EarningsLPTH Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
LPTH Per share dataLPTH EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1

4.3 Compensation for Growth

LPTH's earnings are expected to grow with 26.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y22.44%
EPS Next 3Y26.96%

More info and screens

0

5. Dividend

5.1 Amount

LPTH does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

LIGHTPATH TECHNOLOGIES INC-A

NASDAQ:LPTH (8/20/2025, 10:06:23 AM)

3.52

-0.07 (-1.95%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)05-15 2025-05-15/amc
Earnings (Next)09-11 2025-09-11/amc
Inst Owners36.07%
Inst Owner Change1.11%
Ins Owners1.5%
Ins Owner Change0.05%
Market Cap151.01M
Analysts83.64
Price Target4.59 (30.4%)
Short Float %0.71%
Short Ratio1.23
Dividend
Industry RankSector Rank
Dividend Yield N/A
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)0
Avg EPS beat(2)-67.43%
Min EPS beat(2)-76.47%
Max EPS beat(2)-58.38%
EPS beat(4)1
Avg EPS beat(4)-34.83%
Min EPS beat(4)-76.47%
Max EPS beat(4)21.57%
EPS beat(8)1
Avg EPS beat(8)-45.03%
EPS beat(12)3
Avg EPS beat(12)-86.53%
EPS beat(16)5
Avg EPS beat(16)-99.14%
Revenue beat(2)1
Avg Revenue beat(2)-5.33%
Min Revenue beat(2)-12.98%
Max Revenue beat(2)2.31%
Revenue beat(4)2
Avg Revenue beat(4)-2.45%
Min Revenue beat(4)-12.98%
Max Revenue beat(4)2.31%
Revenue beat(8)3
Avg Revenue beat(8)-2.78%
Revenue beat(12)5
Avg Revenue beat(12)-3.83%
Revenue beat(16)6
Avg Revenue beat(16)-4.03%
PT rev (1m)0%
PT rev (3m)5.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10%
EPS NY rev (1m)0%
EPS NY rev (3m)-18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.82%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.29%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 4.49
P/FCF N/A
P/OCF N/A
P/B 3.01
P/tB 7.99
EV/EBITDA N/A
EPS(TTM)-0.26
EYN/A
EPS(NY)-0.11
Fwd EYN/A
FCF(TTM)-0.15
FCFYN/A
OCF(TTM)-0.13
OCFYN/A
SpS0.78
BVpS1.17
TBVpS0.44
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -30.6%
ROE -49.71%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 29.63%
FCFM N/A
ROA(3y)-10.4%
ROA(5y)-7.04%
ROE(3y)-16.56%
ROE(5y)-11.33%
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
ROICexcg growth 3YN/A
ROICexcg 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 3Y-8.03%
GM growth 5Y-6.01%
F-Score3
Asset Turnover0.41
Health
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 19.71%
Cap/Sales 2.59%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.3
Quick Ratio 1.26
Altman-Z -0.62
F-Score3
WACC9.5%
ROIC/WACCN/A
Cap/Depr(3y)65.37%
Cap/Depr(5y)71.5%
Cap/Sales(3y)6.94%
Cap/Sales(5y)7.2%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-44.44%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-28.57%
EPS Next Y-9.42%
EPS Next 2Y22.44%
EPS Next 3Y26.96%
EPS Next 5YN/A
Revenue 1Y (TTM)2.6%
Revenue growth 3Y-6.21%
Revenue growth 5Y-1.23%
Sales Q2Q%19.06%
Revenue Next Year18.5%
Revenue Next 2Y30.86%
Revenue Next 3Y23.48%
Revenue Next 5YN/A
EBIT growth 1Y-43.29%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year39.02%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-184.75%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-3058.68%
OCF growth 3Y-52.06%
OCF growth 5Y4.91%