Nlight Inc Stock Net Asset
| LASR Stock | USD 12.14 0.58 5.02% |
nLIGHT Inc fundamentals help investors to digest information that contributes to NLIGHT's financial success or failures. It also enables traders to predict the movement of NLIGHT Stock. The fundamental analysis module provides a way to measure NLIGHT's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NLIGHT stock.
NLIGHT | Net Asset |
nLIGHT Inc Company Net Asset Analysis
NLIGHT's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current NLIGHT Net Asset | 309.29 M |
Most of NLIGHT's fundamental indicators, such as Net Asset, 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 Net Asset 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 Net Asset. 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.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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NLIGHT Total Assets
Total Assets |
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Based on the recorded statements, nLIGHT Inc has a Net Asset of 309.29 M. This is much higher than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The net asset for all United States stocks is notably lower than that of the firm.
NLIGHT Net Asset 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 Net Asset 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 net asset category among related companies.
NLIGHT Institutional Holders
Institutional Holdings refers to the ownership stake in NLIGHT that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of NLIGHT's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing NLIGHT's value.| Shares | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.1 M | Stephens Inv Mgmt Group Llc | 2023-12-31 | 1 M | Neuberger Berman Group Llc | 2023-12-31 | 1 M | Geode Capital Management, Llc | 2023-12-31 | 1 M | State Street Corporation | 2023-12-31 | 972.9 K | Harvey Partners Llc | 2023-09-30 | 741.5 K | Awm Investment Company Inc | 2023-12-31 | 741.4 K | Northern Trust Corp | 2023-12-31 | 440.9 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 428.7 K | Vanguard Group Inc | 2023-12-31 | 5 M | Blackrock Inc | 2023-12-31 | 3.5 M |
NLIGHT Fundamentals
| Return On Equity | -0.16 | ||||
| Return On Asset | -0.0903 | ||||
| Profit Margin | (0.20) % | ||||
| Operating Margin | (0.26) % | ||||
| Current Valuation | 447.94 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 | 5.38 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 | 549.83 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NLIGHT in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NLIGHT's short interest history, or implied volatility extrapolated from NLIGHT options trading.
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Try AI Portfolio ArchitectCheck out NLIGHT Piotroski F Score and NLIGHT Altman Z Score analysis. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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 4.556 | Quarterly Revenue Growth (0.08) | Return On Assets (0.09) | Return On Equity (0.16) |
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.