LightPath Technologies, Inc. LPTH

Competitive advantage analysis · technology

Corporate Default
Overall moat score
30/100
Developing

About LightPath Technologies, Inc.

LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical systems and assemblies in the United States. It offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, spherical lenses, and other optical components used to produce products that manipulate light; and infrared products, including catalog and custom infrared optics. The company also offers cooled and uncooled camera systems … Full LPTH analysis →

Competitive advantage assessment

Key strengths

  • Strong Liquidity Buffer Liquidity position is strong (score 0.84), providing operational cushion.

Key risks

  • ROIC Below WACC or Peers ROIC at 22.9th percentile suggests inefficient capital deployment.
  • Revenue Volatility Signals Weak Stickiness Revenue volatility is high (stability score 0.21), suggesting weak customer stickiness.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Developing
26

Where LPTH ranks in Electronic Components

LightPath Technologies, Inc. ranks #38 of 52 scored companies in Electronic Components by moat score — the top 73%. The widest moat in the group is Universal Display Corporation (OLED) at 82/100.

Moat scores for companies ranked near LPTH in Electronic Components
# Company Moat score Rating
34 Syntec Optics Holdings, Inc. OPTX 34/100 Developing
35 OPTXW OPTXW 33/100 Developing
36 Data I/O Corporation DAIO 32/100 Developing
37 Maris-Tech Ltd. MTEK 31/100 Developing
38 LightPath Technologies, Inc. LPTH 30/100 Developing
39 Maris-Tech Ltd. Warrants MTEKW 29/100 Developing
40 Ouster, Inc. Warrants OUSTW 29/100 Developing
41 Ouster, Inc. Warrants OUSTZ 29/100 Developing
42 Ouster, Inc. OUST 28/100 Developing

See every General Corporate company ranked by moat score →

How LPTH scores on the Corporate Default defenses

Pricing Power

Score 26 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 24 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 21 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 18 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 60 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 30 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding LPTH's moat

What is LightPath Technologies, Inc.'s moat score?

LightPath Technologies, Inc. (LPTH) scores 30 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as developing. It ranks #38 of 52 scored companies in Electronic Components, the top 73%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 51 companies in Electronic Components. Its strongest defense is Resilience (60/100) and its weakest is Capital Efficiency (18/100).

How does LightPath Technologies, Inc. compare with other Electronic Components companies?

LightPath Technologies, Inc. ranks #38 of 52 scored companies in Electronic Components by moat score. The widest moat in Electronic Components is Universal Display Corporation (OLED) at 82/100. The companies ranked closest are Maris-Tech Ltd. (MTEK) at 31 just above it and Maris-Tech Ltd. Warrants (MTEKW) at 29 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 51 companies in Electronic Components. The defenses are then weighted to produce the overall score out of 100.

Why is LightPath Technologies, Inc. scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for LightPath Technologies, Inc.?

The Corporate Default template measures 6 defenses, and LPTH scores: Pricing Power (26), Cost Advantage (24), Customer Stickiness (21), Capital Efficiency (18), Resilience (60), Scale & Market Position (30). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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