Obermatt

nLIGHT

NSQ:LASR · US65487K1007
Electronic Equipment, Instruments & ComponentsMedium

360

43
Profit price100
Owner Earnings Yield1
Dividend Yield1
Price/Sales23
EV / Gross Profit6
Price/Book37
Return on Capital12
Cash Return on Capital16
Return on Equity12
EBIT Margin10
Gross Profitability9
Accruals89
Owner Earnings Margin16
Sales growth49
Profit growth25
Reinvestment88
Price momentum85
Debt load67
Refinancing43
Debt Payback1
Liquidity10
Analyst ratings79
Opinion Changes50
Price Target Upside65
Market mood18
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

nLIGHT clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryElectronic Equipment, Instruments & Components
SizeMedium
TypePublic Company
ExchangeNASDAQGS
Founded2000
Employees350
Websitenlight.net
ISINUS65487K1007
Last UpdateApr 2, 2026
Themes
Optical InfrastructureDefenseTechDetectors, Sensors and MemsElectronicsLaserManufacturingSemiconductor

Description

nLIGHT, Inc. provides high-power lasers for mission-critical directed energy, optical sensing, and advanced manufacturing applications. The company designs, manufactures, and sells a range of high-power semiconductor lasers and fiber lasers that are…

Analysis

Weak and unloved

nLIGHT, Inc. scores below average on quality and is priced accordingly, a low-conviction position in either direction.

Valuation data is not available for this company.

Growth is solid; the safety picture is adequate. The company scores 10/20 on our value-creation score: creating some value.

Flags to be aware of: Some accounting patterns deserve a closer look. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
23
2023202420252026

All-time high

47

Jan 2025

All-time low

16

Mar 2026

Average rank

31

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
23
64
61
59
Price/Earnings
3
13
13
13
Price/Book
37
62
68
64
Dividend Yield
1
1
1
1
Value (overall)
13
51
47
39

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →