NLIGHT INC (LASR) Stock Fundamental Analysis
USA - NASDAQ:LASR - US65487K1007 - Common Stock
30.57 USD
-1.82 (-5.62%)
30 USD
-0.57 (-1.86%)
Overall LASR gets a fundamental rating of 3 out of 10. We evaluated LASR against 124 industry peers in the Electronic Equipment, Instruments & Components industry. While LASR seems to be doing ok healthwise, there are quite some concerns on its profitability. LASR is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year LASR has reported negative net income.
LASR had a negative operating cash flow in the past year.
LASR had negative earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: LASR reported negative operating cash flow in multiple years.
1.2 Ratios
LASR's Return On Assets of -15.91% is on the low side compared to the rest of the industry. LASR is outperformed by 68.55% of its industry peers.
The Return On Equity of LASR (-21.75%) is worse than 67.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -15.91% | ||
| ROE | -21.75% | ||
| ROIC | N/A |
ROA(3y)-17.55%
ROA(5y)-13.6%
ROE(3y)-21.54%
ROE(5y)-16.79%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
LASR has a worse Gross Margin (21.18%) than 64.52% of its industry peers.
In the last couple of years the Gross Margin of LASR has declined.
LASR does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 21.18% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-16.55%
GM growth 5Y-10.9%
2. Health
2.1 Basic Checks
LASR does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, LASR has more shares outstanding
LASR has more shares outstanding than it did 5 years ago.
There is no outstanding debt for LASR. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 11.58 indicates that LASR is not in any danger for bankruptcy at the moment.
LASR has a Altman-Z score of 11.58. This is amongst the best in the industry. LASR outperforms 89.52% of its industry peers.
LASR has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.09, LASR is in line with its industry, outperforming 55.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 11.58 |
ROIC/WACCN/A
WACC9.21%
2.3 Liquidity
A Current Ratio of 5.63 indicates that LASR has no problem at all paying its short term obligations.
The Current ratio of LASR (5.63) is better than 84.68% of its industry peers.
LASR has a Quick Ratio of 4.41. This indicates that LASR is financially healthy and has no problem in meeting its short term obligations.
LASR's Quick ratio of 4.41 is amongst the best of the industry. LASR outperforms 83.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.63 | ||
| Quick Ratio | 4.41 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 28.00% over the past year.
The Revenue has grown by 9.80% in the past year. This is quite good.
Measured over the past years, LASR shows a small growth in Revenue. The Revenue has been growing by 2.37% on average per year.
EPS 1Y (TTM)28%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%160%
Revenue 1Y (TTM)9.8%
Revenue growth 3Y-9.75%
Revenue growth 5Y2.37%
Sales Q2Q%22.22%
3.2 Future
LASR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 44.41% yearly.
LASR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.93% yearly.
EPS Next Y108.47%
EPS Next 2Y44.41%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year21.48%
Revenue Next 2Y14.93%
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.
4. Valuation
4.1 Price/Earnings Ratio
LASR reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
LASR is valuated quite expensively with a Price/Forward Earnings ratio of 550.63.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LASR is on the same level as its industry peers.
LASR is valuated expensively when we compare the Price/Forward Earnings ratio to 22.27, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 550.63 |
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 an expensive valuation of the company.
A more expensive valuation may be justified as LASR's earnings are expected to grow with 44.41% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y44.41%
EPS Next 3YN/A
5. Dividend
5.1 Amount
LASR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
30.57
-1.82 (-5.62%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners85.58%
Inst Owner Change1.78%
Ins Owners6%
Ins Owner Change4.4%
Market Cap1.53B
Revenue(TTM)216.91M
Net Income(TTM)-46981000
Analysts83.08
Price Target29.67 (-2.94%)
Short Float %4.92%
Short Ratio2.72
Dividend
| Industry Rank | Sector 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)2
Avg EPS beat(2)122.18%
Min EPS beat(2)79%
Max EPS beat(2)165.36%
EPS beat(4)3
Avg EPS beat(4)50.09%
Min EPS beat(4)-48.92%
Max EPS beat(4)165.36%
EPS beat(8)6
Avg EPS beat(8)27.29%
EPS beat(12)8
Avg EPS beat(12)20.48%
EPS beat(16)11
Avg EPS beat(16)13.02%
Revenue beat(2)2
Avg Revenue beat(2)8.03%
Min Revenue beat(2)6.5%
Max Revenue beat(2)9.56%
Revenue beat(4)2
Avg Revenue beat(4)3.82%
Min Revenue beat(4)-0.43%
Max Revenue beat(4)9.56%
Revenue beat(8)5
Avg Revenue beat(8)2.67%
Revenue beat(12)5
Avg Revenue beat(12)0.91%
Revenue beat(16)5
Avg Revenue beat(16)-0.07%
PT rev (1m)3.56%
PT rev (3m)69.42%
EPS NQ rev (1m)37.51%
EPS NQ rev (3m)124.67%
EPS NY rev (1m)22.73%
EPS NY rev (3m)119.69%
Revenue NQ rev (1m)0.45%
Revenue NQ rev (3m)13.65%
Revenue NY rev (1m)0%
Revenue NY rev (3m)9.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 550.63 | ||
| P/S | 7.03 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 7.06 | ||
| P/tB | 7.51 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.36
EYN/A
EPS(NY)0.06
Fwd EY0.18%
FCF(TTM)-0.4
FCFYN/A
OCF(TTM)-0.22
OCFYN/A
SpS4.35
BVpS4.33
TBVpS4.07
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -15.91% | ||
| ROE | -21.75% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 21.18% | ||
| FCFM | N/A |
ROA(3y)-17.55%
ROA(5y)-13.6%
ROE(3y)-21.54%
ROE(5y)-16.79%
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-16.55%
GM growth 5Y-10.9%
F-Score4
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 54.96% | ||
| Cap/Sales | 4.1% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 5.63 | ||
| Quick Ratio | 4.41 | ||
| Altman-Z | 11.58 |
F-Score4
WACC9.21%
ROIC/WACCN/A
Cap/Depr(3y)72.24%
Cap/Depr(5y)107.55%
Cap/Sales(3y)5.17%
Cap/Sales(5y)6.88%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)28%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%160%
EPS Next Y108.47%
EPS Next 2Y44.41%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)9.8%
Revenue growth 3Y-9.75%
Revenue growth 5Y2.37%
Sales Q2Q%22.22%
Revenue Next Year21.48%
Revenue Next 2Y14.93%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y10.62%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year118.89%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-20.3%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-75.1%
OCF growth 3YN/A
OCF growth 5YN/A
NLIGHT INC / LASR FAQ
What is the ChartMill fundamental rating of NLIGHT INC (LASR) stock?
ChartMill assigns a fundamental rating of 3 / 10 to LASR.
What is the valuation status of NLIGHT INC (LASR) stock?
ChartMill assigns a valuation rating of 1 / 10 to NLIGHT INC (LASR). This can be considered as Overvalued.
How profitable is NLIGHT INC (LASR) stock?
NLIGHT INC (LASR) has a profitability rating of 0 / 10.
Can you provide the financial health for LASR stock?
The financial health rating of NLIGHT INC (LASR) is 6 / 10.