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Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#1200
Positioning
Market Dominance
Manufacturing
Electronic Equipment
$354M
Shmuel Rubin
LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies. The company sells its products directly to customers in North America, Europe, and Asia, as well as through distributors and catalogs in the United States and internationally.
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Get full access to institutional-quality research tools with Blank Capital Pro.
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Get full access to institutional-quality research tools with Blank Capital Pro.
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| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$UL UNILEVER PLC | 78 | 96 | 98 | 59 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$ASML ASML HOLDING NV | 77 | 89 | 86 | 83 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$ESLT ELBIT SYSTEMS LTD | 76 | 81 | 87 | 85 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$MT ArcelorMittal | 75 | 71 | 98 | 85 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$AMAT APPLIED MATERIALS INC /DE | 75 | 85 | 87 | 84 | 20.9x | 13.6x | 32.9% | 20.5% | 48.8% | 30.6% | 24.4% | 7.7% | 0.9% | 32.0x | $148.6B | VS | |
$SIMO Silicon Motion Technology CORP | 75 | 84 | 86 | 85 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$CODA Coda Octopus Group, Inc. | 74 | 83 | 90 | 79 | 16.3x | 11.9x | 7.4% | 7.5% | 68.3% | 19.5% | 18.2% | 29.0% | 0.0% | 0.0x | $84M | VS | |
$GSK GSK plc | 74 | 84 | 90 | 70 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$EFXT Enerflex Ltd. | 74 | 80 | 91 | 83 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$BUD Anheuser-Busch InBev SA/NV | 74 | 84 | 97 | 63 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$LPTH LIGHTPATH TECHNOLOGIES INC | 56 | 50 | 56 | 93 | - | - | -23.7% | -12.4% | 30.4% | -34.7% | -37.7% | 94.7% | 0.0% | 47.0x | $354M | ||
| SECTOR BENCH | - | - | - | - | - | 22.3x | 11.5x | -1.9% | 0.9% | 44.1% | 2.5% | 1.0% | 6.7% | 0.0% | 0.2x | - | REF |
LIGHTPATH TECHNOLOGIES INC (LPTH) receives a "Hold" rating with a composite score of 55.5/100. It ranks #1200 out of 7,333 stocks in our coverage universe and carries a 3-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
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Outperforming peers — winners tend to keep winning over 3-12 months
Fair valuation relative to peers
Average quality profile
High volatility — wider range of outcomes increases timing risk
Aggressive spending — empire-building risk, dilutive growth
Mid-range overall rating
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Relative valuation derived from Manufacturing sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
No analyst ratings for LPTH.
View All Ratings| Factor | Global | Sector | Tilt |
|---|---|---|---|
| PROFITABILITY | 50 | 44 | +6ALPHA |
| MOMENTUM | 93 | 97 | -4NEUTRAL |
| VALUATION | 56 | 47 | +9ALPHA |
| INVESTMENT | 23 | 7 | +16ALPHA |
| STABILITY | 26 | 10 | +16ALPHA |
| SHORT INT | 53 | 60 | -7DRAG |
Global = full universe. Sector = relative to industry peers. Positive tilt indicates idiosyncratic strength.
ROE proxy -23.7% (sector -1.9%)
GM 30% vs sector 44%, OM -35% vs sector 3%
Capital turnover N/A, R&D intensity 5.1%
Rev growth 95%, 11yr history
Interest coverage N/A
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
We rate LIGHTPATH TECHNOLOGIES INC (LPTH) as a Hold with a composite score of 55.5/100 at a current price of $12.04. The stock presents a mixed quantitative picture — neither compelling enough to warrant new accumulation nor weak enough to justify selling.
LIGHTPATH TECHNOLOGIES INC holds a top-quartile position (#0 of 50) within the Manufacturing sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 55.5/100 places it at rank #1200 in our full universe.
The near-term outlook is constructive, with revenue growing at 95% and momentum in the 93th percentile confirming positive market sentiment. The combination of strong top-line growth and favorable price dynamics suggests the company is executing well on its growth strategy.
No Moat
Very High
Poor
Fair Value
Positive momentum indicates institutional accumulation.
Stable competitive position in a defensive sector.
Vulnerability to macroeconomic shocks and interest rate volatility.
LIGHTPATH TECHNOLOGIES INC represents a hold based on multi-factor quantitative performance.
Our model assigns LIGHTPATH TECHNOLOGIES INC a Hold rating, with a composite score of 55.5/100 and 3 out of 5 stars. Ranked #1200 of 7,333 stocks, LPTH presents a mixed quantitative picture — neither compelling enough to initiate new positions nor weak enough to warrant selling. Investors already holding may consider maintaining their position while monitoring for changes in the factor profile.
With a quality score of 50/100, LPTH shows adequate but unremarkable business quality. The company reports a return on equity of -23.7% (sector avg: -1.9%), gross margins of 30.4% (sector avg: 44.1%), net margins of -37.7% (sector avg: 1.0%). This suggests the company generates acceptable returns but may lack the competitive positioning or operational efficiency to stand out from peers.
LPTH's value score of 56/100 indicates the stock is fairly valued based on its current fundamentals. Key valuation metrics include a P/B ratio of 8.89x. At this level, neither a clear bargain nor overpriced, the stock's attractiveness depends more on forward growth expectations and qualitative factors.
LIGHTPATH TECHNOLOGIES INC's investment score of 23/100 suggests limited reinvestment activity. Key growth metrics include revenue growth of 94.7% vs. a sector average of 6.7% and a return on assets of -12.4% (sector: 0.9%). While this can be positive for mature, cash-generative businesses returning capital to shareholders, it may also signal a lack of growth opportunities or management conservatism.
LIGHTPATH TECHNOLOGIES INC (LPTH) is exhibiting exceptional momentum with a score of 93/100, placing it among the strongest trending stocks in the market. Revenue growth stands at 94.7% year-over-year, while a beta of 1.56 reflects its sensitivity to broader market moves. Stocks with momentum scores this high have historically outperformed over the following 3–12 months, suggesting LPTH may continue to benefit from strong institutional interest and positive price trends.
LPTH's stability score of 26/100 signals elevated volatility and/or leverage concerns. Key stability metrics include a beta of 1.56 and a debt-to-equity ratio of 47.00x (sector avg: 0.2x). Investors should be prepared for wider-than-average price swings and consider position sizing accordingly to manage portfolio risk.
The short interest score of 53/100 for LPTH suggests somewhat elevated bearish positioning by institutional traders. Specific risk factors include high market sensitivity (beta: 1.56), elevated leverage (D/E: 47.00x), small-cap liquidity risk. With a $354M market cap (small-cap), LIGHTPATH TECHNOLOGIES INC may experience above-average volatility. Investors should consider whether the short thesis has merit or if it creates a potential short-squeeze opportunity.
LIGHTPATH TECHNOLOGIES INC is a small-cap company in the Manufacturing sector, ranked #0 of 50 in its sector (100th percentile) and #1200 of 7,333 overall (84th percentile). Key comparisons include ROE of -23.7% trailing the -1.9% sector median and operating margins of -34.7% below the 2.5% sector average. This top-quartile standing reflects exceptional competitive strength relative to Manufacturing peers.
While LPTH currently exhibits a HOLD profile, superior opportunities exist within the MANUFACTURING sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
View Top Manufacturing Alpha →Quant Factor Profile
Key factor gap
Momentum (93) vs Investment (23) — closing this gap could shift the rating.
ROE 1149% ABOVE SECTOR MEDIAN (FAVORABLE)
Gross Margin 31% BELOW SECTOR MEDIAN
Op. Margin 1484% BELOW SECTOR MEDIAN
Above 50MA
37.18%
Net New Highs
+51081
LightPath Technologies, Inc. (NASDAQ:LPTH) saw a US$51 million increase in its market capitalization last week. The article highlights that individual investors hold the largest portion of the company's shares at 60%, making them the primary beneficiaries of this increase, while institutions own 39%. Despite the individual investor dominance, institutional ownership lends credibility, and insider ownership also shows alignment with shareholder interests.
LightPath Technologies, Inc. (NASDAQ:LPTH) has secured a $9.6 million purchase order for cooled infrared cameras from an existing defense customer, with deliveries scheduled throughout 2026. This significant repeat order highlights the demand for their advanced camera systems used in defense and security applications, including shipboard surveillance and border security. The company is also expanding its capabilities through recent acquisitions and is positioned to benefit from legislation favoring domestic optical component suppliers.
LightPath Technologies (NASDAQ: LPTH) has announced a $9.6 million purchase order for cooled infrared cameras from an existing defense customer, with deliveries scheduled throughout 2026. This significant repeat order validates the demand for their advanced camera systems, with production split between facilities in Florida and New Hampshire to leverage expanded domestic manufacturing capabilities. The company's G5 acquisition continues to drive revenue through established multi-year contracts for defense and security applications.
LightPath Technologies (NASDAQ: LPTH) has secured a $9.6 million purchase order for cooled infrared cameras from an existing defense customer, with deliveries expected throughout calendar year 2026. This repeat order reinforces the strategic value of their G5 acquisition and ongoing defense contracts. Production will be split between the company's Florida and New Hampshire facilities, highlighting expanded domestic manufacturing capabilities.
Shares of LightPath Technologies (NASDAQ: LPTH) jumped after the company announced an $18.2 million contract with a prime defense contractor. The deal involves the production of infrared optics and thermal imagers for a missile guidance system, with deliveries scheduled through 2029. This significant order highlights LightPath's expertise in defense technology and its potential for substantial revenue growth in the sector.