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nLightLASR -0.38%62 Intrinsic Value: Projected FCF is $5.38 as of Sep. 02, 2026. GuruFocus rates LASR with a GF Score™ of 62/100 and a GF Value™ of $15.96 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 600 Semiconductors companies, nLight ranks worse than 83.17% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-09-02), nLight's Intrinsic Value: Projected FCF is $5.38. The stock price of nLight is $40.165. Therefore, nLight's Price-to-Intrinsic-Value-Projected-FCF of today is 7.5.
The historical rank and industry rank for nLight's Intrinsic Value: Projected FCF or its related term are showing as below:
LASR'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 7.37 Med: 12.94 Max: 51.09
Current: 7.47
During the past 10 years, the highest Price-to-Intrinsic-Value-Projected-FCF of nLight was 51.09. The lowest was 7.37. And the median was 12.94.
LASR's Price-to-Projected-FCF is ranked worse than 83.17% of 600
companies
in the Semiconductors industry
Industry Median: 2.62
vs LASR: 7.47
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
nLight's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
40.165
/
5.3798738566204
=
7.47
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
nLight Intrinsic Value: Projected FCF Related Terms
nLight Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for nLight's Intrinsic Value: Projected FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LASR vs HIMX, POWI, NVTS: Intrinsic Value: Projected FCF Comparison
For the Semiconductors subindustry, nLight's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
nLight Price-to-Projected-FCF vs Semiconductors Industry
For the Semiconductors industry and Technology sector, nLight's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where nLight's Price-to-Projected-FCF falls into.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Intrinsic Value: Projected FCF of $5.38 mean?
nLight (LASR) has a Intrinsic Value: Projected FCF of $5.38 as of Sep. 02, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on nLight and its competitors. According to the industry distribution chart, nLight ranks #499 out of 600 companies in the Semiconductors industry, placing it in the top 83.2%.
Is nLight's Intrinsic Value: Projected FCF too high?
nLight's current Intrinsic Value: Projected FCF is $5.38. The Semiconductors industry median Intrinsic Value: Projected FCF is 2.62. nLight's value of $5.38 is 105.3% above this industry median. Based on the distribution chart, nLight ranks #499 out of 600 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, nLight has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does nLight's Intrinsic Value: Projected FCF compare to HIMX and POWI?
According to the Semiconductors industry distribution chart, nLight ranks #499 out of 600 companies for Intrinsic Value: Projected FCF. This places nLight in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 2.62. nLight's value of $5.38 is 105.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Semiconductors company?
The median Intrinsic Value: Projected FCF among Semiconductors companies is 2.62, based on 600 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. nLight's current Intrinsic Value: Projected FCF of $5.38 is 105.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on nLight and its competitors. For the Semiconductors industry, the median Intrinsic Value: Projected FCF is 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. nLight's current Intrinsic Value: Projected FCF is $5.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is nLight stock overvalued right now?
Based on GuruFocus' analysis, nLight (LASR) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.96, compared to a current price of $40.17 — trading 151.7% above its estimated fair value. The current Intrinsic Value: Projected FCF is $5.38 and 105.3% above the Semiconductors industry median of 2.62. nLight's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For nLight (LASR), the current Intrinsic Value: Projected FCF is $5.38 as of Sep. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is nLight (LASR) Overvalued in 2026?
Based on GuruFocus' analysis, nLight stock appears to be overvalued.
The current stock price of $40.17 is trading 151.7% above its estimated GF Value™ of $15.96.
GuruFocus considers nLight to be Significantly Overvalued.
Key valuation signals for LASR:
Intrinsic Value: Projected FCF: $5.38
GF Value™: $15.96 vs. price of $40.17 (151.7% above fair value)
Industry Position: 105.3% above the Semiconductors median (#499 of 600)
No single metric tells the full story. See the LASR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
nLight Inc is a United States-based company provider of power semiconductor and fiber lasers for aerospace and defense, industrial, and microfabrication applications. It designs, manufactures, and sells a range of power semiconductor lasers and fiber lasers that are typically integrated into laser systems. It operates in two segments: Laser Products segment, which includes semiconductor lasers, fiber lasers, and directed energy products; and Advanced Development segment includes revenue earned from research and development contracts. The majority of its revenue is generated from the Laser segment. The company's geographical segments include North America, Asia Pacific, and EMEA, of which maximum revenue is derived from North America.
62GF Score
Get the complete analysis for LASR
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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