LIGHTPATH TECHNOLOGIES INC-A (LPTH) Fundamental Analysis & Valuation
NASDAQ:LPTH • US5322578056
11.8 USD
-0.18 (-1.5%)
At close: Mar 4, 2026
11.79 USD
-0.01 (-0.08%)
Pre-Market: 3/5/2026, 4:21:08 AM
This LPTH fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 2 out of 10 to LPTH. LPTH was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. Both the profitability and financial health of LPTH have multiple concerns. While showing a medium growth rate, LPTH is valued expensive at the moment.
1. LPTH Profitability Analysis
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 each of the past 5 years.
- In multiple years LPTH reported negative operating cash flow during the last 5 years.
1.2 Ratios
- The Return On Assets of LPTH (-35.41%) is worse than 79.03% of its industry peers.
- LPTH has a worse Return On Equity (-55.50%) than 77.42% of its industry peers.
| Industry Rank | Sector 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
1.3 Margins
- With a Gross Margin value of 26.83%, LPTH perfoms like the industry average, outperforming 44.35% of the companies in the same industry.
- 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 Rank | Sector 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%
2. LPTH Health Analysis
2.1 Basic Checks
- LPTH does not have a ROIC to compare to the WACC, probably because it is not profitable.
- Compared to 1 year ago, LPTH has more shares outstanding
- LPTH has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, LPTH has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 8.46 indicates that LPTH is not in any danger for bankruptcy at the moment.
- The Altman-Z score of LPTH (8.46) is better than 84.68% 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 has a Debt to Equity ratio (0.09) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 8.46 |
ROIC/WACCN/A
WACC8.97%
2.3 Liquidity
- A Current Ratio of 1.98 indicates that LPTH should not have too much problems paying its short term obligations.
- The Current ratio of LPTH (1.98) is worse than 61.29% of its industry peers.
- A Quick Ratio of 1.26 indicates that LPTH should not have too much problems paying its short term obligations.
- The Quick ratio of LPTH (1.26) is worse than 63.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.26 |
3. LPTH Growth Analysis
3.1 Past
- The earnings per share for LPTH have decreased strongly by -116.67% in the last year.
- LPTH shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 17.26%.
- The Revenue has been growing slightly by 1.25% on average over the past years.
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.
4. LPTH Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings Ratio is negative for LPTH. In the last year negative earnings were reported.
- With a Price/Forward Earnings ratio of 5784.31, LPTH can be considered very expensive at the moment.
- The rest of the industry has a similar Price/Forward Earnings ratio as LPTH.
- LPTH is valuated expensively when we compare the Price/Forward Earnings ratio to 25.11, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 5784.31 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates LPTH does not grow enough to justify the current Price/Earnings ratio.
- 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
5. LPTH Dividend Analysis
5.1 Amount
- No dividends for LPTH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
LPTH Fundamentals: All Metrics, Ratios and Statistics
11.8
-0.18 (-1.5%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-11 2026-02-11/amc
Earnings (Next)05-13 2026-05-13
Inst Owners38.99%
Inst Owner Change38.26%
Ins Owners1.34%
Ins Owner Change1.85%
Market Cap629.18M
Revenue(TTM)37.20M
Net Income(TTM)-30.89M
Analysts83.64
Price Target15.4 (30.51%)
Short Float %6.25%
Short Ratio1.07
Dividend
| Industry Rank | Sector 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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 5784.31 | ||
| P/S | 14.34 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 11.3 | ||
| P/tB | 23.85 | ||
| 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 Rank | Sector 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 Rank | Sector 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 | 8.46 |
F-Score2
WACC8.97%
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.