Lite Access Technologies Stock Analysis
| LTE Stock | CAD 0.1 0.00 0.00% |
Lite Access Technologies is overvalued with Real Value of 0.0798 and Hype Value of 0.095. The main objective of Lite Access stock analysis is to determine its intrinsic value, which is an estimate of what Lite Access Technologies is worth, separate from its market price. There are two main types of Lite Access' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Lite Access' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Lite Access' stock to identify patterns and trends that may indicate its future price movements.
The Lite Access stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Lite Access is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Lite Stock trading window is adjusted to America/Toronto timezone.
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Lite Stock Analysis Notes
The company recorded a loss per share of 0.03. Lite Access Technologies had not issued any dividends in recent years. Lite Access Technologies Inc. manufactures, distributes, sells, and installs fiber optic technology specializing in micro ducts and air-blown fiber in Canada, the United States, the United Kingdom, and internationally. Lite Access Technologies Inc. was incorporated in 2003 and is headquartered in Langley, Canada. LITE ACCESS operates under Communication Equipment classification in Canada and is traded on TSX Venture Exchange. To find out more about Lite Access Technologies contact Michael Plotnikoff at 604-247-4704 or learn more at https://liteaccess.com.Lite Access Quarterly Total Revenue |
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Lite Access Technologies Investment Alerts
| Lite Access generated a negative expected return over the last 90 days | |
| Lite Access has some characteristics of a very speculative penny stock | |
| Lite Access has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 5 M. Net Loss for the year was (1.48 M) with loss before overhead, payroll, taxes, and interest of (626). | |
| Lite Access Technologies has accumulated about 1.94 M in cash with (326.37 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. |
Lite Largest EPS Surprises
Earnings surprises can significantly impact Lite Access' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2018-08-14 | 2018-06-30 | -0.05 | -0.04 | 0.01 | 20 | ||
2018-03-01 | 2017-12-31 | -0.05 | -0.04 | 0.01 | 20 | ||
2017-09-30 | 2017-09-30 | -0.05 | -0.04 | 0.01 | 20 |
Lite Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 8.29 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lite Access's market, we take the total number of its shares issued and multiply it by Lite Access's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Lite Profitablity
Lite Access' profitability indicators refer to fundamental financial ratios that showcase Lite Access' ability to generate income relative to its revenue or operating costs. If, let's say, Lite Access is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Lite Access' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Lite Access' profitability requires more research than a typical breakdown of Lite Access' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.39) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.16) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.16. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.59) | (0.62) | |
| Return On Capital Employed | (2.73) | (2.59) | |
| Return On Assets | (0.59) | (0.62) | |
| Return On Equity | 7.82 | 8.22 |
Management Efficiency
Lite Access Technologies has return on total asset (ROA) of (0.2383) % which means that it has lost $0.2383 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (34.7872) %, meaning that it generated substantial loss on money invested by shareholders. Lite Access' management efficiency ratios could be used to measure how well Lite Access manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to climb to 8.22 in 2024, whereas Return On Tangible Assets are likely to drop (0.62) in 2024. At this time, Lite Access' Other Current Assets are fairly stable compared to the past year. Intangibles To Total Assets is likely to climb to 0.44 in 2024, whereas Total Current Assets are likely to drop slightly above 2.3 M in 2024.| Last Reported | Projected for Next Year | ||
| Enterprise Value Over EBITDA | (8.17) | (7.76) | |
| Price Book Value Ratio | (42.45) | (40.33) | |
| Enterprise Value Multiple | (8.17) | (7.76) | |
| Price Fair Value | (42.45) | (40.33) | |
| Enterprise Value | 9.4 M | 8.9 M |
Leadership effectiveness at Lite Access Technologies is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin (0.16) | Profit Margin (0.39) | Beta 0.718 | Return On Assets (0.24) | Return On Equity (34.79) |
Technical Drivers
In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lite Access Technologies, as well as the relationship between them.Lite Access Technologies Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Lite Access middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Lite Access Technologies. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Lite Access Outstanding Bonds
Lite Access issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Lite Access Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Lite bonds can be classified according to their maturity, which is the date when Lite Access Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
About Lite Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Lite Access prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Lite shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Lite Access. By using and applying Lite Stock analysis, traders can create a robust methodology for identifying Lite entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (0.27) | (0.28) | |
| Operating Profit Margin | (0.27) | (0.28) | |
| Net Loss | (0.27) | (0.28) | |
| Gross Profit Margin | 0.08 | 0.06 |
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Lite Access to your portfolios without increasing risk or reducing expected return.Did you try this?
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Additional Tools for Lite Stock Analysis
When running Lite Access' price analysis, check to measure Lite Access' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lite Access is operating at the current time. Most of Lite Access' value examination focuses on studying past and present price action to predict the probability of Lite Access' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lite Access' price. Additionally, you may evaluate how the addition of Lite Access to your portfolios can decrease your overall portfolio volatility.