nLIGHT, Inc. (LASR) is a publicly traded company in the Technology — Semiconductors industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
nLIGHT, Inc. specializes in the development, production, and sale of advanced semiconductor and fiber lasers. These sophisticated laser systems find applications across diverse sectors such as industrial manufacturing, precision microfabrication, and the aerospace and defense industries. The company's operations are divided into two main segments: Laser Products and Advanced Development.
Analysis Summary
nLIGHT, Inc. reported revenue of $261.3M in the most recent fiscal year, growing at a 5-year CAGR of 3.2%.
Trailing-twelve-month margins: gross margin 31.5%, operating margin -5.4%, net margin -4.0%.
At the current price of $38.56, LASR has negative trailing earnings (P/E not meaningful) and an ROE of -3.80%. Market capitalisation stands at $2.2B.
Balance sheet quality for LASR: current ratio of 3.8, net cash position of $97.4M. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Price
| Price | $38.56 |
| Market Cap | $2.2B |
| Exchange | NASDAQ |
| Country | US |
Valuation Ratios
| Price / Book | 4.83 |
| EV / EBITDA | 214.91 |
| Dividend Yield | 0.00% |
Profitability
| Return on Equity | -3.80% |
| Return on Invested Capital | -3.59% |
| Return on Assets | -2.41% |
| Gross Margin | 31.52% |
| Operating Margin | -5.37% |
| Net Margin | -4.02% |
Financial Health
| Debt / Equity | 0.03 |
| Current Ratio | 8.17 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 12.23 |
What to look at in Technology companies
- Revenue growth 3y (>=15%/year) — Validates sustained traction, not a one-off.
- Gross margin (Sub-sector dependent) — SaaS >=70%, Internet >=55%, Semis >=45%, Hardware >=35%.
- FCF / Revenue (>=20%) — Real cash generated. Many tech firms dress up non-GAAP earnings.
- ROIC (>=15%) — Capital reinvested efficiency — Buffett's first metric.
- SBC / Revenue (<10% healthy) — Stock-based compensation. Silent dilution: >20% destroys value.
- Net Debt / EBITDA (<=2x (1.5x SaaS)) — Resilience in downturns and rate hikes.
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| LASR | nLIGHT, Inc. | $2.2B | 4.83 | -3.8% | |
| AAOI | Applied Optoelectronics, Inc. | $7.7B | 4.66 | -5.6% | |
| UCTT | Ultra Clean Holdings, Inc. | $3.0B | 4.45 | -3.5% | |
| MXL | MaxLinear, Inc. | $6.3B | 11.48 | -22.4% | |
| HIMX | Himax Technologies, Inc. | $2.3B | 58.97 | 2.27 | 3.9% |
| ROG | Rogers Corporation | $2.4B | 74.31 | 1.96 | 2.6% |
Price Performance
| 1 month | -24.16% |
| 3 months | -41.42% |
| Year-to-date | +1.09% |
| 1 year | +28.46% |
| 3 years | +259.43% |
| 5 years | +31.76% |
52-Week Range
| 52-week High | $86.95 |
| 52-week Low | $27.22 |
| Avg Volume (90d) | 1.3M |
Related companies: AAOI · HIMX · JAMF · LSPD · MXL · PLAB · ROG
Explore sector: Technology · Semiconductors
More sections of LASR: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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