LightPath Technologies Inc

Find Ratings Reports
LPTH : NASDAQ : Industrial Goods
$3.05 | %
Today's Range: 2.95 - 3.2
Avg. Daily Volume: 420100.0
05/26/17 - 4:00 PM ET

Financial Analysis

LIGHTPATH TECHNOLOGIES INC's gross profit margin for the second quarter of its fiscal year 2017 is essentially unchanged when compared to the same period a year ago. The company grew its sales and net income significantly quarter versus same quarter a year prior, and was able to outpace the average competitor in the industry when comparing revenue growth, but not when comparing net income growth. LIGHTPATH TECHNOLOGIES INC is extremely liquid. Currently, the Quick Ratio is 2.31 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has decreased from the same period last year.

At the same time, stockholders' equity ("net worth") has greatly increased by 151.01% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit

Income Statement Q2 FY17 Q2 FY16
Net Sales ($mil)5.874.24
EBITDA ($mil)1.730.83
EBIT ($mil)1.460.62
Net Income ($mil)1.1-0.54

Balance Sheet Q2 FY17 Q2 FY16
Cash & Equiv. ($mil)5.682.5
Total Assets ($mil)38.8113.67
Total Debt ($mil)11.870.41
Equity ($mil)21.88.68

Profitability Q2 FY17 Q2 FY16
Gross Profit Margin60.7360.63
EBITDA Margin29.4219.56
Operating Margin24.8414.63
Sales Turnover0.511.18
Return on Assets6.040.21
Return on Equity10.760.34
Debt Q2 FY17 Q2 FY16
Current Ratio3.364.09
Interest Expense0.010.01
Interest Coverage243.068.89

Share Data Q2 FY17 Q2 FY16
Shares outstanding (mil)23.7315.27
Div / share0.00.0
Book value / share0.920.57
Institutional Own % n/a n/a
Avg Daily Volume447705.0287408.0


BUY. This stock's P/E ratio indicates a discount compared to an average of 26.40 for the Electronic Equipment, Instruments & Components industry and a discount compared to the S&P 500 average of 25.02. To use another comparison, its price-to-book ratio of 2.98 indicates valuation on par with the S&P 500 average of 3.00 and a discount versus the industry average of 3.35. The current price-to-sales ratio is well above the S&P 500 average, but below the industry average. Upon assessment of these and other key valuation criteria, LIGHTPATH TECHNOLOGIES INC proves to trade at a discount to investment alternatives within the industry.

1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
LPTH 21.08 Peers 26.40   LPTH 29.04 Peers 15.91

Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.

LPTH is trading at a discount to its peers.


Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

LPTH is trading at a significant premium to its peers.

1 2 3 4 5
premium   discount
  Price to
1 2 3 4 5
premium   discount
LPTH 15.66 Peers 20.21   LPTH 0.84 Peers 0.87

Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations.

LPTH is trading at a significant premium to its peers.


Average. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

LPTH trades at a valuation on par to its peers.

1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
LPTH 2.98 Peers 3.35   LPTH NA Peers 126.91

Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

LPTH is trading at a discount to its peers.


Neutral. Higher earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

The growth rate for LPTH is not available.

1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
LPTH 3.30 Peers 3.66   LPTH 22.20 Peers 7.08

Average. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

LPTH is trading at a valuation on par with its industry on this measurement.


Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.

LPTH has a sales growth rate that significantly exceeds its peers.



Latest Stock Upgrades/Downgrades