IBCP vs LPTH

Comparison between Independent Bank Corporation (Ionia MI) (IBCP, Company) and Lightpath Technologies Inc - Class A (LPTH, Company).

IBCP is from the Financial Services sector, while LPTH is from the Technology sector.

5-Year PerformanceLPTH has outperformed IBCP, delivering a return of +39.4% compared to +17.1%

IBCP vs LPTH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IBCP(COMPANY)	LPTH(COMPANY)
Market Cap	$741M	$742M
Max Drawdown	98.00%	99.65%
Sharpe Ratio	0.40	1.64
5Y Beta	0.73	1.69
Industry	Banks - Regional	Electronic Components
P/E Ratio	10.64	-25.73
Forward P/E	12.05	217.39
PEG Ratio	1.61	-0.31
Dividend Yield	2.90%	N/A
5Y Dividends CAGR	5.61%	N/A
5Y EPS CAGR	0.15%	N/A
Debt to Equity	0.00%	0.00%
Free Cash Flow Yield	3.48%	-1.39%
P/S Ratio	3.30	N/A
P/B Ratio	1.47	N/A

Market Cap

IBCP

$741M

Winner

LPTH

$742M

Max Drawdown

Winner

IBCP

98.00%

LPTH

99.65%

Sharpe Ratio

IBCP

0.40

Winner

LPTH

1.64

5Y Beta

Winner

IBCP

0.73

LPTH

1.69

Industry

IBCP

Banks - Regional

LPTH

Electronic Components

P/E Ratio

IBCP

10.64

Winner

LPTH

-25.73

Forward P/E

Winner

IBCP

12.05

LPTH

217.39

PEG Ratio

IBCP

1.61

Winner

LPTH

-0.31

Dividend Yield

IBCP

2.90%

LPTH

N/A

5Y Dividends CAGR

IBCP

5.61%

LPTH

N/A

5Y EPS CAGR

IBCP

0.15%

LPTH

N/A

Debt to Equity

IBCP

0.00%

LPTH

0.00%

Free Cash Flow Yield

Winner

IBCP

3.48%

LPTH

-1.39%

P/S Ratio

IBCP

3.30

LPTH

N/A

P/B Ratio

IBCP

1.47

LPTH

N/A

IBCP vs LPTH - Historical Returns

Returns include dividend reinvestment.

Period	IBCP	LPTH
1 month	+4.09%	-9.18%
3 months	+10.99%	-15.39%
6 months	+7.32%	-0.56%
1 year	+10.82%	+285.36%
5 years(CAGR)	+17.10%	+39.41%
10 years(CAGR)	+13.19%	+22.54%
Max(CAGR)	+7.60%	+4.26%

Winner

IBCP

+4.09%

LPTH

-9.18%

Winner

IBCP

+10.99%

LPTH

-15.39%

Winner

IBCP

+7.32%

LPTH

-0.56%

IBCP

+10.82%

Winner

LPTH

+285.36%

5Y(CAGR)

IBCP

+17.10%

Winner

LPTH

+39.41%

10Y(CAGR)

IBCP

+13.19%

Winner

LPTH

+22.54%

Max(CAGR)

Winner

IBCP

+7.60%

LPTH

+4.26%

IBCP vs LPTH - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IBCP	LPTH
2026	+15.71%	+5.55%
2025	-2.22%	+184.96%
2024	+39.94%	+179.05%
2023	+12.93%	+5.00%
2022	+2.86%	-51.97%
2021	+32.60%	-35.62%
2020	-14.28%	+440.62%
2019	+9.60%	-52.61%
2018	-5.62%	-35.22%
2017	+3.33%	+46.05%
2016	+51.39%	-50.64%
2015	+22.89%	+217.98%
2014	+8.49%	-32.61%
2013	+242.86%	+47.83%
2012	+157.68%	-18.75%
2011	-2.21%	-45.13%
2010	+78.08%	+11.72%
2009	-67.38%	+119.48%
2008	-75.62%	-62.44%
2007	-60.53%	-58.47%
2006	-7.84%	+160.77%
2005	+0.96%	-60.73%
2004	+6.99%	+63.33%
2003	+57.58%	+812.90%
2002	+11.75%	-91.40%
2001	+54.45%	-69.48%
2000	N/A	-32.29%
1999	N/A	+360.34%

IBCP vs LPTH Drawdown Comparison

The maximum drawdown for IBCP was -97.75%, occurring on Dec 1, 2009. Recovery took 3117 trading sessions.

The maximum drawdown for LPTH was -99.65%, occurring on Feb 26, 2003. This drawdown has not yet recovered.

The current IBCP drawdown is -2.91%. The current LPTH drawdown is -81.06%.

Rank	IBCP	LPTH
#1	-97.75% Dec 1, 2005 - Apr 23, 2018	-99.65% Mar 7, 2000 - Feb 26, 2003
#2	-61.76% Jun 8, 2018 - Mar 12, 2021	-23.95% Jan 5, 2000 - Jan 18, 2000
#3	-36.44% Dec 1, 2022 - Dec 13, 2023	-23.03% Jan 24, 2000 - Feb 7, 2000
#4	-29.16% Jan 14, 2022 - Dec 1, 2022	-22.07% Dec 13, 1999 - Dec 30, 1999
#5	-27.46% Nov 11, 2024 - Jul 16, 2026	-19.93% Nov 26, 1999 - Dec 9, 1999
#6	-20.87% Dec 11, 2003 - Nov 29, 2004	-14.00% Nov 16, 1999 - Nov 23, 1999
#7	-18.51% Apr 12, 2021 - Nov 5, 2021	-12.78% Jan 3, 2000 - Jan 5, 2000
#8	-18.26% Aug 22, 2001 - Dec 11, 2001	-12.02% Feb 7, 2000 - Feb 18, 2000
#9	-17.08% Jun 14, 2002 - Aug 26, 2002	-7.64% Nov 1, 1999 - Nov 4, 1999
#10	-13.78% Mar 7, 2005 - Jul 28, 2005	-5.89% Feb 28, 2000 - Mar 6, 2000
#11	-13.47% Jan 30, 2024 - Jun 28, 2024	-5.44% Nov 8, 1999 - Nov 15, 1999
#12	-12.84% Oct 1, 2002 - Apr 22, 2003	-2.81% Feb 24, 2000 - Feb 28, 2000
#13	-12.05% May 31, 2001 - Jul 16, 2001	-0.55% Jan 18, 2000 - Jan 20, 2000
#14	-11.89% Jun 4, 2003 - Jul 2, 2003	-0.52% Dec 9, 1999 - Dec 13, 1999
#15	-11.09% Sep 19, 2024 - Nov 6, 2024	N/A