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← CockpitCompetitor Analysis › LPTH LightPath Technologies, Inc. Class AOpen in the cockpit ↗

LightPath Technologies, Inc. Class ALPTHCompetitor analysis, valuation and peers

United States · USD·Information Technology›Electronic Components
Momentum laggard 8
Mkt cap
$495M
US dollars, full cap
Free float
96%
of shares outstanding
$/day
$24.4M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-13.9 pp
WACC 12.4%
Hurdle
n/a
no reverse DCF
Next earnings
4 days
10 Nov 2026
Close · USD$7.06
1D+14.8%
1W-12.8%
1M-27.5%
3M-43.8%
6M-38.7%
YTD-34.6%
1Y-9.8%
ATR %10.2%
Beta2.93
52w lowhigh62.7% off high

What LightPath Technologies does

Employees: 425

LightPath Technologies at a glance

Size LightPath Technologies (LPTH) is a United States Information Technology company (Electronic Components) with a market value of $495M, the 2709th largest of 3,117 United States companies the cockpit tracks. Shares closed at $7.06 on 6 Nov 2026.

Performance Over six months the shares fell 38.7%, against -27.3% for the median peer and -1.1% for the United States market (cap-weighted) — 8th lowest of 21 in its peer set.

Growth Revenue grew 92.8% over the last twelve months (peer median +18.4%); the operating margin is -2.3% (peer median 3.2%).

Valuation It trades at 5.9× enterprise value to sales against a peer median of 3.6× (5th most expensive of 21).

Capital Return on invested capital runs 13.9 points below its cost of capital (12.4% WACC).

Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).

Relative performance

5010011 May 202611 Aug 20266 Nov 2026Peer median 72LPTH 55
Six months, rebased to 100: LightPath Technologies against the median of its 20 peers (local-currency closes).

LightPath Technologies financials

Reported figures in USD; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
Revenue$71.7M$71.7M$37.2M$31.7M$32.9M
Revenue growth—+93%+17%-4%—
Gross profit$24.0M$24.0M$8.72M$7.00M$9.95M
EBITDA$3.37M$3.87M-$3.41M-$3.56M-$189,340
Net income-$20.5M-$20.5M-$14.9M-$8.01M-$4.05M
Free cash flow-$16.5M-$16.5M-$9.59M-$1.66M-$5.89M
Capital expenditure$6.27M$6.27M$1.26M$2.18M$3.08M
Total debt$10.9M$10.9M$15.2M$10.4M$12.4M

Quarterly statements and history in the cockpit →

LightPath Technologies competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-40%-20%0%08566033626052586880106782SMOP3568605439SENS8042688291231641720030151700244923553010410653503526420770LPTH6-month return →1-month return →
Up and to the right = strong over both horizons. LightPath Technologies is the large dot.

Fundamentals: revenue growth against valuation

0%+25%+50%+75%+100%2.5×5×7.5×10×08566033626052586880106782SMOP3568605439SENS804268829123163015170024492355301041065350420770LPTHRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. LightPath Technologies is the large dot.

LightPath Technologies competitors and peer comparison

How LightPath Technologies compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

LightPath Technologies against its 20 peers (data as of 6 Nov 2026)
MeasureLPTHPeer medianRank in peer set
1-month return-27.5%-16.2%7th lowest of 21
6-month return-38.7%-27.3%8th lowest of 21
Distance from 52-week high-62.7%-50.4%7th lowest of 21
Revenue growth (TTM)+92.8%+18.4%3rd highest of 21
Operating margin-2.3%3.2%8th lowest of 21
EV / Sales5.9×3.6×5th most expensive of 21
ROIC minus cost of capital-13.9 pp-2.4 pp2nd lowest of 20
Net debt / EBITDA-24.4×0.6×least indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
LightPath Technologies LPTHUnited States$495M-39%+93%-2%5.9×n/an/a
CHA Biotech 085660.KSSouth Korea$499M-57%+14%-6%1.3×n/an/a
Ability Opto-Electronics Technology 3362.TWOTaiwan$513M+6%-3%-8%5.1×n/an/a
Jiangsu Xiehe Electronic 605258.SSChina$476M-2%+1%7%3.1×8.6%+9.7%
Fujian Forecam Optics 688010.SSChina$518M-35%-2%-15%5.8×n/an/a
Visco Vision 6782.TWTaiwan$523M+23%+23%29%3.6×n/an/a
Smartoptics SMOP.OLNorway$530M-8%+45%14%4.7×15.2%+19.1%
TLB 356860.KSSouth Korea$460M-34%+43%13%2.0×n/an/a
First Hi-tec Enterprise 5439.TWOTaiwan$458M-60%+93%17%1.4×-5.0%+31.1%
Senseonics SENSUnited States$454M+71%+91%-223%7.7×n/an/a
Taiwan Chinsan Electronic Industrial 8042.TWOTaiwan$541M+82%+22%7%4.5×n/an/a
Beijing JCZ Technology 688291.SSChina$452M-30%+12%1%9.7×n/an/a
WUS Printed Circuit 2316.TWTaiwan$549M-15%+24%-11%3.8×n/an/a
LS Materials 417200.KSSouth Korea$442M-70%+20%0%3.6×n/an/a
Shaanxi Huada Science Technology 301517.SZChina$554M-54%-9%-26%6.9×n/an/a
Foshan Nationstar Optoelectronics 002449.SZChina$557M-24%-17%-6%1.4×n/an/a
Chin-Poon Industrial 2355.TWTaiwan$568M-9%+1%4%0.8×7.2%+0.6%
Shenzhen King Brother Electronics Technology 301041.SZChina$430M-10%+18%5%3.1×22.5%+3.9%
Shinsung Delta Tech 065350.KSSouth Korea$572M-51%+10%3%1.2×n/an/a
Alltop Technology 3526.TWOTaiwan$428M-40%+19%31%2.8×-7.5%+12.9%
GigaVis 420770.KSSouth Korea$583M-40%+176%26%10.1×34.7%-5.1%

Questions

Which companies are LightPath Technologies's closest peers?
The cockpit's peer set: CHA Biotech (085660.KS), Ability Opto-Electronics Technology (3362.TWO), Jiangsu Xiehe Electronic (605258.SS), Fujian Forecam Optics (688010.SS), Visco Vision (6782.TW), Smartoptics (SMOP.OL), TLB (356860.KS), First Hi-tec Enterprise (5439.TWO).
Is LightPath Technologies expensive compared with its peers?
On ev / sales it trades at 5.9× against a peer median of 3.6×, 5th most expensive of 21 in its peer set.
How has LightPath Technologies stock performed?
Over six months to 6 Nov 2026 the shares returned -38.7% against -27.3% for the median peer; over one year -9.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.