LightPath Technologies (LPTH) vs M-tron Industries (MPTI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
M-tron Industries (MPTI) has outperformed LightPath Technologies (LPTH) over the past year, gaining 36.3% versus a gain of 17.2%. LightPath Technologies is the larger company by market cap ($713.0 million vs $323.2 million), about 2.2 times the size. On valuation, M-tron Industries trades at a lower forward P/E (25.5x vs 92.5x for LightPath Technologies).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | LPTH | MPTI |
|---|---|---|
| Share price | $10.18 | $74.35 |
| Market cap | $712.97M | $323.16M |
| 1-day change | -2.12% | +0.08% |
| YTD return | -3.70% | +39.59% |
| 1-year return | +17.25% | +36.31% |
| 5-year return | +420.00% | — |
| P/E ratio (TTM) | — | 29.16 |
| Forward P/E | 92.55 | 25.51 |
| EPS (TTM) | $-0.38 | $2.55 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $18.94 | $104.85 |
| 52-week low | $5.83 | $43.55 |
| Distance from 52-week high | -46.25% | -29.09% |
| Analyst consensus | none | none |
| Avg. price target upside | +55.21% | +19.70% |
| Average volume | 2.94M | 160.39K |
| Shares outstanding | 70.04M | 4.35M |
| Employees | 414 | 239 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- LightPath Technologies is about 2.2 times larger than M-tron Industries by market value ($712.97M vs $323.16M).
- MPTI has outperformed LPTH by 19.1 percentage points over the past year.
About LightPath Technologies
LPTH stock →LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical systems and assemblies in the United States, the United Kingdom, Israel, China, Rest of Europe, Rest of Asia and internationally.
Technology · Semiconductors · 414 employees
About M-tron Industries
MPTI stock →M-tron Industries, Inc. designs, manufactures, and markets frequency and spectrum control products to control the frequency and timing of signals in electronic circuits in the United States and internationally.
Technology · Industrial Machinery/Components · 239 employees
LPTH vs MPTI FAQ
Which is bigger, LightPath Technologies or M-tron Industries?
LightPath Technologies (LPTH) is larger, with a market capitalization of $712.97M compared with $323.16M for M-tron Industries (MPTI).
Which stock has performed better over the past year, LPTH or MPTI?
MPTI returned +36.31% over the past 12 months, compared with +17.25% for LPTH (price return, excluding dividends). Past performance does not predict future results.
Are LightPath Technologies and M-tron Industries in the same industry?
Both are in the Technology sector, but in different industries: Semiconductors for LightPath Technologies and Industrial Machinery/Components for M-tron Industries.