Logo image of LPTH

LIGHTPATH TECHNOLOGIES INC-A (LPTH) Stock Fundamental Analysis

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

2.21  -0.25 (-10.16%)

Fundamental Rating

2

Taking everything into account, LPTH scores 2 out of 10 in our fundamental rating. LPTH was compared to 125 industry peers in the Electronic Equipment, Instruments & Components industry. LPTH may be in some trouble as it scores bad on both profitability and health. 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

LPTH had negative earnings in the past year.
LPTH had a negative operating cash flow in the past year.
LPTH had negative earnings in 4 of the past 5 years.
Of the past 5 years LPTH 4 years had a positive operating cash flow.
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

LPTH has a Return On Assets of -20.04%. This is in the lower half of the industry: LPTH underperforms 71.20% of its industry peers.
LPTH has a Return On Equity of -34.40%. This is in the lower half of the industry: LPTH underperforms 71.20% of its industry peers.
Industry RankSector Rank
ROA -20.04%
ROE -34.4%
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 (27.70%) which is in line with its industry peers.
In the last couple of years the Gross Margin of LPTH has declined.
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 27.7%
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

2

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.
The debt/assets ratio for LPTH has been reduced compared to a year ago.
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 -3.66. This is a bad value and indicates that LPTH is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of LPTH (-3.66) is worse than 87.20% of its industry peers.
A Debt/Equity ratio of 0.03 indicates that LPTH is not too dependend on debt financing.
The Debt to Equity ratio of LPTH (0.03) is better than 60.80% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.03
Debt/FCF N/A
Altman-Z -3.66
ROIC/WACCN/A
WACC9.36%
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 1.53 indicates that LPTH should not have too much problems paying its short term obligations.
With a Current ratio value of 1.53, LPTH is not doing good in the industry: 71.20% of the companies in the same industry are doing better.
A Quick Ratio of 0.90 indicates that LPTH may have some problems paying its short term obligations.
The Quick ratio of LPTH (0.90) is worse than 80.00% of its industry peers.
Industry RankSector Rank
Current Ratio 1.53
Quick Ratio 0.9
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

The earnings per share for LPTH have decreased strongly by -50.00% in the last year.
Looking at the last year, LPTH shows a decrease in Revenue. The Revenue has decreased by -3.66% in the last year.
The Revenue has been decreasing by -1.23% on average over the past years.
EPS 1Y (TTM)-50%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-42.86%
Revenue 1Y (TTM)-3.66%
Revenue growth 3Y-6.21%
Revenue growth 5Y-1.23%
Sales Q2Q%19.1%

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 24.57% on average per year.
The Revenue is expected to grow by 33.03% on average over the next years. This is a very strong growth
EPS Next Y7.27%
EPS Next 2Y24.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year15.85%
Revenue Next 2Y33.03%
Revenue Next 3YN/A
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 10M 20M 30M 40M 50M
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 0 0.1 -0.1 -0.2

More info and screens

1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for LPTH. In the last year negative earnings were reported.
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 40

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 0.2 -0.2 0.4 0.6

4.3 Compensation for Growth

A more expensive valuation may be justified as LPTH's earnings are expected to grow with 24.57% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y24.57%
EPS Next 3YN/A

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 (5/20/2025, 8:12:44 PM)

2.21

-0.25 (-10.16%)

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)09-17 2025-09-17/amc
Inst Owners39.7%
Inst Owner Change-1.08%
Ins Owners1.59%
Ins Owner Change2.35%
Market Cap90.28M
Analysts84
Price Target4.34 (96.38%)
Short Float %0.87%
Short Ratio2.63
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)1
Avg EPS beat(2)-18.41%
Min EPS beat(2)-58.38%
Max EPS beat(2)21.57%
EPS beat(4)1
Avg EPS beat(4)-33.61%
Min EPS beat(4)-71.57%
Max EPS beat(4)21.57%
EPS beat(8)2
Avg EPS beat(8)-33.48%
EPS beat(12)4
Avg EPS beat(12)-77.27%
EPS beat(16)5
Avg EPS beat(16)-104.28%
Revenue beat(2)0
Avg Revenue beat(2)-7.07%
Min Revenue beat(2)-12.98%
Max Revenue beat(2)-1.17%
Revenue beat(4)1
Avg Revenue beat(4)-4.38%
Min Revenue beat(4)-12.98%
Max Revenue beat(4)2.04%
Revenue beat(8)3
Avg Revenue beat(8)-2.9%
Revenue beat(12)4
Avg Revenue beat(12)-5.42%
Revenue beat(16)6
Avg Revenue beat(16)-3.75%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-15.39%
EPS NY rev (1m)0%
EPS NY rev (3m)-22.45%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.97%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.84%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 2.81
P/FCF N/A
P/OCF N/A
P/B 3.38
P/tB 5.32
EV/EBITDA N/A
EPS(TTM)-0.27
EYN/A
EPS(NY)-0.1
Fwd EYN/A
FCF(TTM)-0.09
FCFYN/A
OCF(TTM)-0.07
OCFYN/A
SpS0.79
BVpS0.65
TBVpS0.42
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -20.04%
ROE -34.4%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 27.7%
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-Score2
Asset Turnover0.7
Health
Industry RankSector Rank
Debt/Equity 0.03
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 21.47%
Cap/Sales 2.67%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.53
Quick Ratio 0.9
Altman-Z -3.66
F-Score2
WACC9.36%
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)-50%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-42.86%
EPS Next Y7.27%
EPS Next 2Y24.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-3.66%
Revenue growth 3Y-6.21%
Revenue growth 5Y-1.23%
Sales Q2Q%19.1%
Revenue Next Year15.85%
Revenue Next 2Y33.03%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-73.41%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year57.24%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-2517.2%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-418.07%
OCF growth 3Y-52.06%
OCF growth 5Y4.91%