Lightwave Logic, Inc.

Lightwave Logic, Inc.

LWLGยทNASDAQ

$12.18

-0.90%
Basic MaterialsChemicals - Specialty

Lightwave Logic, Inc., a development stage company, focuses on the development of photonic devices and non-linear optical polymer materials systems for fiber-optic data communications and optical computing markets in the United States. The company is involved in designing and synthesizing organic chromophores for use in its electro-optic polymer systems and photonic device designs. It also offers electro-optic modulators, which converts data from electric signals to optical signals for transmission over fiber-optic cables; and polymer photonic integrated circuits, a photonic device, which integrates various photonic functions on a single chip. In addition, the company provides the ridge waveguide modulator, a modulator that fabricates the waveguide within a layer of its electro-optic polymer system. It focuses on selling its products to electro-optic device manufacturers, such as telecommunications component and systems manufacturers, networking and switching suppliers, semiconductor companies, Web 2.0 media, computing companies, aerospace companies, and government agencies. The company was formerly known as Third-order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Englewood, Colorado.

At a Glance

Live Snapshot
Market Cap$1.88B
EPS-0.1600
P/E Ratio-76.12
Earnings Date08/13/2026
Lightwave Logic, Inc.

Lightwave Logic, Inc. Fair Value Envelope

LWLG ยท NASDAQ

Our analysis suggests that LWLG has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $12.18, this represents a potential HIDDEN relative to our calculated worth for Lightwave Logic, Inc..

Intrinsic Value
Current Price: $12.18

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-$227.7M
+ Cash & Equivalents$69.0M
Firm Value-$158.7M
- Debt$2.6M
Equity Value-$161.3M
/ Shares Outstanding129,280,385B
DCF Value-$1
OVERVALUED BY 110%

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
-$16.1M
-$18.9M
-$22.2M
-$26.1M
-$30.6M
-$35.9M
-$42.2M
-$49.5M
-$58.1M
-$68.1M
Maintenance CapEx
-$312.6K
-$366.8K
-$430.5K
-$505.2K
-$592.9K
-$695.9K
-$816.6K
-$958.4K
-$1.1M
-$1.3M
Owner Earnings
-$16.4M
-$19.3M
-$22.7M
-$26.6M
-$31.2M
-$36.6M
-$43.0M
-$50.4M
-$59.2M
-$69.5M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$15.2M
-$16.5M
-$18.0M
-$19.5M
-$21.2M
-$23.1M
-$25.1M
-$27.2M
-$29.6M
-$32.2M
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.