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1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year.
LightPath Technologies's 1-Year ROIIC % for the quarter that ended in Mar. 2026 was 64.67%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for LightPath Technologies's 1-Year ROIIC % or its related term are showing as below:
FRA:LPZB's 1-Year ROIIC % is ranked better than 84% of 2418
companies
in the Hardware industry
Industry Median: 4.365
vs FRA:LPZB: 64.67
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
LightPath Technologies 1-Year ROIIC % Related Terms
LightPath Technologies 1-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for LightPath Technologies's 1-Year ROIIC % 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.
FRA:LPZB vs KOPN, MEI, LYTS: 1-Year ROIIC % Comparison
For the Electronic Components subindustry, LightPath Technologies's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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.
LightPath Technologies 1-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, LightPath Technologies's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where LightPath Technologies's 1-Year ROIIC % falls into.
LightPath Technologies's 1-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( -5.2749 (Mar. 2026) - -8.5183 (Mar. 2025) )
/
( 59.737 (Mar. 2026) - 59.545 (Mar. 2025) )
=
3.2434
/
0.19200000000001
=
1,689.27%***
* 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.
** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
LightPath Technologies (FRA:LPZB) has a 1-Year ROIIC % of 64.67 as of Mar. 2026. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on LightPath Technologies and its competitors. According to the industry distribution chart, LightPath Technologies ranks #387 out of 2418 companies in the Hardware industry, placing it in the top 16%.
Is LightPath Technologies' 1-Year ROIIC % too high?
LightPath Technologies' current 1-Year ROIIC % is 64.67. The Hardware industry median 1-Year ROIIC % is 4.37. LightPath Technologies' value of 64.67 is 1381.6% above this industry median. Based on the distribution chart, LightPath Technologies ranks #387 out of 2418 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, LightPath Technologies has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LightPath Technologies' 1-Year ROIIC % compare to KOPN and MEI?
According to the Hardware industry distribution chart, LightPath Technologies ranks #387 out of 2418 companies for 1-Year ROIIC %. This places LightPath Technologies in the top 16% of its industry — outperforming the majority of peers. The industry median 1-Year ROIIC % is 4.37. LightPath Technologies' value of 64.67 is 1381.6% 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 1-Year ROIIC % for a Hardware company?
The median 1-Year ROIIC % among Hardware companies is 4.37, based on 2,418 companies in the industry. Companies in the top quartile (top 25%) have a 1-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 1-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LightPath Technologies's current 1-Year ROIIC % of 64.67 is 1381.6% 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 1-Year ROIIC % mean?
A high 1-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on LightPath Technologies and its competitors. For the Hardware industry, the median 1-Year ROIIC % is 4.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LightPath Technologies's current 1-Year ROIIC % is 64.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LightPath Technologies stock overvalued right now?
Based on GuruFocus' analysis, LightPath Technologies (FRA:LPZB) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.11, compared to a current price of €10.60 — trading 402.4% above its estimated fair value. The current 1-Year ROIIC % is 64.67 and 1381.6% above the Hardware industry median of 4.37. LightPath Technologies' overall GF Score™ is 49/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year ROIIC % calculated?
1-Year ROIIC % is calculated from a company's financial statements. For LightPath Technologies (FRA:LPZB), the current 1-Year ROIIC % is 64.67 as of Mar. 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 LightPath Technologies (FRA:LPZB) Overvalued in 2026?
Based on GuruFocus' analysis, LightPath Technologies stock appears to be overvalued.
The current stock price of €10.60 is trading 402.4% above its estimated GF Value™ of €2.11.
GuruFocus considers LightPath Technologies to be Significantly Overvalued.
Key valuation signals for FRA:LPZB:
1-Year ROIIC %: 64.67
GF Value™: €2.11 vs. price of €10.60 (402.4% above fair value)
Industry Position: 1381.6% above the Hardware median (#387 of 2418)
No single metric tells the full story. See the FRA:LPZB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LightPath Technologies Inc manufactures, distributes, and integrates proprietary optical components and assemblies. It develops optical solutions for traditional optics and communications markets. The company's products include precision molded optics and infrared products, serving markets such as distribution, laser, industrial, instrumentation, telecommunications, and defense. Its products are categorized as infrared components, visible components, assemblies and modules, and engineering services. G5 Infrared's revenue mainly comes from infrared components and assemblies.
49GF Score
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