LIGHTPATH TECHNOLOGIES INC-A (LPTH) Stock Fundamental Analysis

NASDAQ:LPTH • US5322578056

10.43 USD
-0.71 (-6.37%)
At close: Feb 27, 2026
10.31 USD
-0.12 (-1.15%)
After Hours: 2/27/2026, 8:15:59 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

2

Taking everything into account, LPTH scores 2 out of 10 in our fundamental rating. LPTH was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. LPTH may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, LPTH is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • In the past year LPTH has reported negative net income.
  • In the past year LPTH has reported a negative cash flow from operations.
  • In the past 5 years LPTH always reported negative net income.
  • In multiple years LPTH reported negative operating cash flow during the last 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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -10M -20M

1.2 Ratios

  • Looking at the Return On Assets, with a value of -35.41%, LPTH is doing worse than 79.03% of the companies in the same industry.
  • LPTH has a Return On Equity of -55.50%. This is in the lower half of the industry: LPTH underperforms 78.23% of its industry peers.
Industry RankSector Rank
ROA -35.41%
ROE -55.5%
ROIC N/A
ROA(3y)-20.19%
ROA(5y)-14.68%
ROE(3y)-32.39%
ROE(5y)-23.71%
ROIC(3y)N/A
ROIC(5y)N/A
LPTH Yearly ROA, ROE, ROICLPTH Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 -40

1.3 Margins

  • Looking at the Gross Margin, with a value of 26.83%, LPTH is in line with its industry, outperforming 44.35% of the companies in the same industry.
  • 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 26.83%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-6.41%
GM growth 5Y-7.21%
LPTH Yearly Profit, Operating, Gross MarginsLPTH Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40 -60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

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.
  • LPTH has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for LPTH is higher compared to a year ago.
LPTH Yearly Shares OutstandingLPTH Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M
LPTH Yearly Total Debt VS Total AssetsLPTH Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M

2.2 Solvency

  • An Altman-Z score of 7.07 indicates that LPTH is not in any danger for bankruptcy at the moment.
  • LPTH has a better Altman-Z score (7.07) than 83.06% of its industry peers.
  • LPTH has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
  • LPTH's Debt to Equity ratio of 0.09 is in line compared to the rest of the industry. LPTH outperforms 52.42% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.09
Debt/FCF N/A
Altman-Z 7.07
ROIC/WACCN/A
WACC9.07%
LPTH Yearly LT Debt VS Equity VS FCFLPTH Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10M 20M 30M 40M

2.3 Liquidity

  • LPTH has a Current Ratio of 1.98. This is a normal value and indicates that LPTH is financially healthy and should not expect problems in meeting its short term obligations.
  • With a Current ratio value of 1.98, LPTH is not doing good in the industry: 61.29% of the companies in the same industry are doing better.
  • A Quick Ratio of 1.26 indicates that LPTH should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.26, LPTH is doing worse than 63.71% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.98
Quick Ratio 1.26
LPTH Yearly Current Assets VS Current LiabilitesLPTH Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M 20M 25M

More info and screens

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

5

3. Growth

3.1 Past

  • The earnings per share for LPTH have decreased strongly by -116.67% in the last year.
  • The Revenue has grown by 17.26% in the past year. This is quite good.
  • LPTH shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.25% yearly.
EPS 1Y (TTM)-116.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-185.71%
Revenue 1Y (TTM)17.26%
Revenue growth 3Y1.52%
Revenue growth 5Y1.25%
Sales Q2Q%120.23%

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 41.62% on average per year.
  • LPTH is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 49.36% yearly.
EPS Next Y56.08%
EPS Next 2Y41.62%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year77.48%
Revenue Next 2Y49.36%
Revenue Next 3YN/A
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.
LPTH Yearly Revenue VS EstimatesLPTH Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 20M 40M 60M 80M
LPTH Yearly EPS VS EstimatesLPTH Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.1 -0.1 -0.2 -0.3

More info and screens

Find the best growth stocksShow best growing peers

1

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for LPTH. In the last year negative earnings were reported.
  • A Price/Forward Earnings ratio of 5112.75 indicates a quite expensive valuation of LPTH.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of LPTH is on the same level as its industry peers.
  • When comparing the Price/Forward Earnings ratio of LPTH to the average of the S&P500 Index (28.05), we can say LPTH is valued expensively.
Industry RankSector Rank
PE N/A
Fwd PE 5112.75
LPTH Price Earnings VS Forward Price EarningsLPTH Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 1K 2K 3K 4K 5K

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 -0.5 1

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • LPTH's earnings are expected to grow with 41.62% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y41.62%
EPS Next 3YN/A

More info and screens

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

0

5. Dividend

5.1 Amount

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

More info and screens

Find the best dividend stocksShow peers with best dividend

LIGHTPATH TECHNOLOGIES INC-A

NASDAQ:LPTH (2/27/2026, 8:15:59 PM)

After market: 10.31 -0.12 (-1.15%)

10.43

-0.71 (-6.37%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-11
Earnings (Next)05-13
Inst Owners38.99%
Inst Owner Change38.26%
Ins Owners1.34%
Ins Owner Change1.85%
Market Cap556.13M
Revenue(TTM)37.20M
Net Income(TTM)-30.89M
Analysts83.64
Price Target15.4 (47.65%)
Short Float %5.36%
Short Ratio1.01
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)0
Avg EPS beat(2)-135.44%
Min EPS beat(2)-256.51%
Max EPS beat(2)-14.38%
EPS beat(4)0
Avg EPS beat(4)-101.43%
Min EPS beat(4)-256.51%
Max EPS beat(4)-14.38%
EPS beat(8)1
Avg EPS beat(8)-63.04%
EPS beat(12)3
Avg EPS beat(12)-47.83%
EPS beat(16)4
Avg EPS beat(16)-91.8%
Revenue beat(2)1
Avg Revenue beat(2)7.36%
Min Revenue beat(2)-1.9%
Max Revenue beat(2)16.61%
Revenue beat(4)2
Avg Revenue beat(4)1.01%
Min Revenue beat(4)-12.98%
Max Revenue beat(4)16.61%
Revenue beat(8)3
Avg Revenue beat(8)-0.8%
Revenue beat(12)6
Avg Revenue beat(12)-0.22%
Revenue beat(16)6
Avg Revenue beat(16)-3.23%
PT rev (1m)31.3%
PT rev (3m)52.91%
EPS NQ rev (1m)-8.57%
EPS NQ rev (3m)-26.67%
EPS NY rev (1m)1.07%
EPS NY rev (3m)3.13%
Revenue NQ rev (1m)0.58%
Revenue NQ rev (3m)0.65%
Revenue NY rev (1m)7.22%
Revenue NY rev (3m)11.65%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 5112.75
P/S 12.68
P/FCF N/A
P/OCF N/A
P/B 9.99
P/tB 21.08
EV/EBITDA N/A
EPS(TTM)-0.52
EYN/A
EPS(NY)0
Fwd EY0.02%
FCF(TTM)-0.17
FCFYN/A
OCF(TTM)-0.15
OCFYN/A
SpS0.82
BVpS1.04
TBVpS0.49
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -35.41%
ROE -55.5%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 26.83%
FCFM N/A
ROA(3y)-20.19%
ROA(5y)-14.68%
ROE(3y)-32.39%
ROE(5y)-23.71%
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 3Y-6.41%
GM growth 5Y-7.21%
F-Score2
Asset Turnover0.5
Health
Industry RankSector Rank
Debt/Equity 0.09
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 28.77%
Cap/Sales 2.87%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.98
Quick Ratio 1.26
Altman-Z 7.07
F-Score2
WACC9.07%
ROIC/WACCN/A
Cap/Depr(3y)60.5%
Cap/Depr(5y)63.31%
Cap/Sales(3y)6.54%
Cap/Sales(5y)6.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-116.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-185.71%
EPS Next Y56.08%
EPS Next 2Y41.62%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)17.26%
Revenue growth 3Y1.52%
Revenue growth 5Y1.25%
Sales Q2Q%120.23%
Revenue Next Year77.48%
Revenue Next 2Y49.36%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-66.76%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year110.69%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-79.04%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-522.56%
OCF growth 3YN/A
OCF growth 5YN/A

LIGHTPATH TECHNOLOGIES INC-A / LPTH FAQ

What is the ChartMill fundamental rating of LIGHTPATH TECHNOLOGIES INC-A (LPTH) stock?

ChartMill assigns a fundamental rating of 2 / 10 to LPTH.


What is the valuation status of LIGHTPATH TECHNOLOGIES INC-A (LPTH) stock?

ChartMill assigns a valuation rating of 1 / 10 to LIGHTPATH TECHNOLOGIES INC-A (LPTH). This can be considered as Overvalued.


What is the profitability of LPTH stock?

LIGHTPATH TECHNOLOGIES INC-A (LPTH) has a profitability rating of 1 / 10.