nLIGHT, Inc.

nLIGHT, Inc.

LASRยทNASDAQ

$76.39

-1.4%
TechnologySemiconductors

nLIGHT, Inc. designs, manufactures, and sells semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. It operates in two segments, Laser Products and Advanced Development. The company also provides fiber amplifiers, and beam combination and control systems for use in high-energy laser systems in directed energy applications. It sells its products through direct sales force in the United States, China, South Korea, and European countries, as well as through various independent sales representatives and distributors in Asia, Europe, and South America. The company was formerly known as nLight Photonics Corporation and changed its name to nLIGHT, Inc. in January 2016. nLIGHT, Inc. was incorporated in 2000 and is headquartered in Camas, Washington.

At a Glance

Live Snapshot
Market Cap$4.31B
EPS-0.4800
P/E Ratio-159.15
Earnings Date08/06/2026
nLIGHT, Inc.

nLIGHT, Inc. Fair Value Envelope

LASR ยท NASDAQ

Our analysis suggests that LASR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $76.39, this represents a potential HIDDEN relative to our calculated worth for nLIGHT, Inc..

Intrinsic Value
Current Price: $76.39

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$177.5B
+ Cash & Equivalents$98.7M
Firm Value$177.6B
- Debt$36.2M
Equity Value$177.6B
/ Shares Outstanding49,899,461B
DCF Value$3.6K
UNDERVALUED BY 4559%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$42.7M
$85.3M
$170.6M
$341.3M
$682.6M
$1.4B
$2.7B
$5.5B
$10.9B
$21.8B
Maintenance CapEx
-$3.6M
-$7.2M
-$14.5M
-$28.9M
-$57.8M
-$115.6M
-$231.2M
-$462.4M
-$924.9M
-$1.8B
Owner Earnings
$39.0M
$78.1M
$156.2M
$312.4M
$624.8M
$1.2B
$2.5B
$5.0B
$10.0B
$20.0B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$36.2M
$67.0M
$124.0M
$229.6M
$425.2M
$787.4M
$1.5B
$2.7B
$5.0B
$9.3B
Terminal Value represents 88.7% of Enterprise Value