Nlight Inc Stock Current Valuation
| LASR Stock | USD 12.14 0.58 5.02% |
Valuation analysis of nLIGHT Inc helps investors to measure NLIGHT's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of 05/04/2024, Enterprise Value Over EBITDA is likely to drop to -20.46. In addition to that, Enterprise Value Multiple is likely to drop to -20.46. Fundamental drivers impacting NLIGHT's valuation include:
Price Book 2.1293 | Enterprise Value 466.6 M | Enterprise Value Ebitda (14.81) | Price Sales 2.5807 | Forward PE 37.7358 |
Fairly Valued
Today
Please note that NLIGHT's price fluctuation is somewhat reliable at this time. Calculation of the real value of nLIGHT Inc is based on 3 months time horizon. Increasing NLIGHT's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for nLIGHT Inc is useful when determining the fair value of the NLIGHT stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of NLIGHT. Since NLIGHT is currently traded on the exchange, buyers and sellers on that exchange determine the market value of NLIGHT Stock. However, NLIGHT's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.14 | Real 12.4 | Target 18.5 | Hype 12.14 | Naive 13.17 |
The real value of NLIGHT Stock, also known as its intrinsic value, is the underlying worth of nLIGHT Inc Company, which is reflected in its stock price. It is based on NLIGHT's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of NLIGHT's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence NLIGHT's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of nLIGHT Inc helps investors to forecast how NLIGHT stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of NLIGHT more accurately as focusing exclusively on NLIGHT's fundamentals will not take into account other important factors: nLIGHT Inc Company Current Valuation Analysis
NLIGHT's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current NLIGHT Current Valuation | 466.6 M |
Most of NLIGHT's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, nLIGHT Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NLIGHT Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for NLIGHT is extremely important. It helps to project a fair market value of NLIGHT Stock properly, considering its historical fundamentals such as Current Valuation. Since NLIGHT's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NLIGHT's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NLIGHT's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, nLIGHT Inc has a Current Valuation of 466.6 M. This is 97.58% lower than that of the Electronic Equipment, Instruments & Components sector and 98.05% lower than that of the Information Technology industry. The current valuation for all United States stocks is 97.19% higher than that of the company.
NLIGHT Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NLIGHT's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NLIGHT could also be used in its relative valuation, which is a method of valuing NLIGHT by comparing valuation metrics of similar companies.NLIGHT is currently under evaluation in current valuation category among related companies.
NLIGHT Fundamentals
| Return On Equity | -0.19 | ||||
| Return On Asset | -0.1 | ||||
| Profit Margin | (0.24) % | ||||
| Operating Margin | (0.33) % | ||||
| Current Valuation | 466.6 M | ||||
| Shares Outstanding | 47.56 M | ||||
| Shares Owned By Insiders | 4.49 % | ||||
| Shares Owned By Institutions | 85.89 % | ||||
| Number Of Shares Shorted | 1.36 M | ||||
| Price To Earning | 41.86 X | ||||
| Price To Book | 2.13 X | ||||
| Price To Sales | 2.58 X | ||||
| Revenue | 209.92 M | ||||
| Gross Profit | 50.82 M | ||||
| EBITDA | (29.92 M) | ||||
| Net Income | (41.67 M) | ||||
| Cash And Equivalents | 120.63 M | ||||
| Cash Per Share | 2.67 X | ||||
| Total Debt | 14.16 M | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 6.30 X | ||||
| Book Value Per Share | 5.17 X | ||||
| Cash Flow From Operations | 10.09 M | ||||
| Short Ratio | 8.06 X | ||||
| Earnings Per Share | (0.90) X | ||||
| Price To Earnings To Growth | (0.74) X | ||||
| Target Price | 16.0 | ||||
| Number Of Employees | 930 | ||||
| Beta | 2.41 | ||||
| Market Capitalization | 577.41 M | ||||
| Total Asset | 309.29 M | ||||
| Retained Earnings | (264.3 M) | ||||
| Working Capital | 187.8 M | ||||
| Current Asset | 65.75 M | ||||
| Current Liabilities | 25.57 M | ||||
| Net Asset | 309.29 M |
About NLIGHT Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze nLIGHT Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NLIGHT using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of nLIGHT Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Complementary Tools for NLIGHT Stock analysis
When running NLIGHT's price analysis, check to measure NLIGHT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NLIGHT is operating at the current time. Most of NLIGHT's value examination focuses on studying past and present price action to predict the probability of NLIGHT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NLIGHT's price. Additionally, you may evaluate how the addition of NLIGHT to your portfolios can decrease your overall portfolio volatility.
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Is NLIGHT's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NLIGHT. If investors know NLIGHT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NLIGHT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.90) | Revenue Per Share 4.312 | Quarterly Revenue Growth (0.18) | Return On Assets (0.10) | Return On Equity (0.19) |
The market value of nLIGHT Inc is measured differently than its book value, which is the value of NLIGHT that is recorded on the company's balance sheet. Investors also form their own opinion of NLIGHT's value that differs from its market value or its book value, called intrinsic value, which is NLIGHT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NLIGHT's market value can be influenced by many factors that don't directly affect NLIGHT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NLIGHT's value and its price as these two are different measures arrived at by different means. Investors typically determine if NLIGHT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NLIGHT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.