LPTH vs MBWM

Comparison between Lightpath Technologies Inc - Class A (LPTH, Company) and Mercantile Bank Corp (MBWM, Company).

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

5-Year PerformanceLPTH has outperformed MBWM, delivering a return of +43.6% compared to +16.7%

LPTH vs MBWM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LPTH(COMPANY)	MBWM(COMPANY)
Market Cap	$927M	$928M
Max Drawdown	99.65%	93.18%
Sharpe Ratio	1.96	0.96
5Y Beta	1.54	0.84
Industry	Electronic Components	Banks - Regional
P/E Ratio	-32.13	10.03
Forward P/E	217.39	10.87
PEG Ratio	-0.39	0.58
Dividend Yield	N/A	2.80%
5Y Dividends CAGR	N/A	10.87%
5Y EPS CAGR	N/A	13.92%
Debt to Equity	0.00%	0.00%
Free Cash Flow Yield	-1.11%	5.31%

Market Cap

LPTH

$927M

Winner

MBWM

$928M

Max Drawdown

LPTH

99.65%

Winner

MBWM

93.18%

Sharpe Ratio

Winner

LPTH

1.96

MBWM

0.96

5Y Beta

LPTH

1.54

Winner

MBWM

0.84

Industry

LPTH

Electronic Components

MBWM

Banks - Regional

P/E Ratio

Winner

LPTH

-32.13

MBWM

10.03

Forward P/E

LPTH

217.39

Winner

MBWM

10.87

PEG Ratio

Winner

LPTH

-0.39

MBWM

0.58

Dividend Yield

LPTH

N/A

MBWM

2.80%

5Y Dividends CAGR

LPTH

N/A

MBWM

10.87%

5Y EPS CAGR

LPTH

N/A

MBWM

13.92%

Debt to Equity

LPTH

0.00%

MBWM

0.00%

Free Cash Flow Yield

LPTH

-1.11%

Winner

MBWM

5.31%

LPTH vs MBWM - Historical Returns

Returns include dividend reinvestment.

Period	LPTH	MBWM
1 month	+21.78%	+5.76%
3 months	+29.82%	+9.06%
6 months	+111.00%	+9.99%
1 year	+415.31%	+27.28%
5 years(CAGR)	+43.62%	+16.68%
10 years(CAGR)	+23.40%	+12.47%
Max(CAGR)	+5.07%	+8.88%

Winner

LPTH

+21.78%

MBWM

+5.76%

Winner

LPTH

+29.82%

MBWM

+9.06%

Winner

LPTH

+111.00%

MBWM

+9.99%

Winner

LPTH

+415.31%

MBWM

+27.28%

5Y(CAGR)

Winner

LPTH

+43.62%

MBWM

+16.68%

10Y(CAGR)

Winner

LPTH

+23.40%

MBWM

+12.47%

Max(CAGR)

LPTH

+5.07%

Winner

MBWM

+8.88%

LPTH vs MBWM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	LPTH	MBWM
2026	+29.27%	+14.61%
2025	+184.96%	+13.50%
2024	+179.05%	+14.38%
2023	+5.00%	+25.12%
2022	-51.97%	-1.45%
2021	-35.62%	+34.53%
2020	+440.62%	-21.59%
2019	-52.61%	+29.33%
2018	-35.22%	-17.67%
2017	+46.05%	-3.54%
2016	-50.64%	+65.97%
2015	+217.98%	+22.78%
2014	-32.61%	+11.11%
2013	+47.83%	+29.13%
2012	-18.75%	+66.85%
2011	-45.13%	+14.84%
2010	+11.72%	+147.71%
2009	+119.48%	-30.05%
2008	-62.44%	-71.65%
2007	-58.47%	-55.38%
2006	+160.77%	+8.36%
2005	-60.73%	+3.12%
2004	+63.33%	+6.97%
2003	+812.90%	+64.44%
2002	-91.40%	+38.69%
2001	-69.48%	+60.25%
2000	-32.29%	-7.76%
1999	+360.34%	-16.06%

LPTH vs MBWM Drawdown Comparison

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

The maximum drawdown for MBWM was -92.59%, occurring on Jun 24, 2009. Recovery took 2855 trading sessions.

The current LPTH drawdown is -76.80%. The current MBWM drawdown is -2.63%.

Rank	LPTH	MBWM
#1	-99.65% Mar 7, 2000 - Feb 26, 2003	-92.59% Jul 13, 2005 - Nov 11, 2016
#2	-23.95% Jan 5, 2000 - Jan 18, 2000	-52.14% Dec 17, 2019 - Oct 19, 2021
#3	-23.03% Jan 24, 2000 - Feb 7, 2000	-37.90% Nov 2, 1999 - Jan 11, 2001
#4	-22.07% Dec 13, 1999 - Dec 30, 1999	-36.05% Jan 25, 2022 - Nov 14, 2023
#5	-19.93% Nov 26, 1999 - Dec 9, 1999	-29.29% Jul 9, 2018 - Dec 16, 2019
#6	-14.00% Nov 16, 1999 - Nov 23, 1999	-25.00% Feb 11, 2025 - Jan 8, 2026
#7	-12.78% Jan 3, 2000 - Jan 5, 2000	-24.92% May 28, 2002 - Dec 17, 2002
#8	-12.02% Feb 7, 2000 - Feb 18, 2000	-22.44% Dec 20, 2016 - Nov 29, 2017
#9	-7.64% Nov 1, 1999 - Nov 4, 1999	-20.60% Jan 5, 2004 - Nov 11, 2004
#10	-5.89% Feb 28, 2000 - Mar 6, 2000	-19.38% Jan 30, 2024 - Jul 11, 2024
#11	-5.44% Nov 8, 1999 - Nov 15, 1999	-19.02% Aug 13, 2001 - Jan 15, 2002
#12	-2.81% Feb 24, 2000 - Feb 28, 2000	-17.93% Nov 6, 2024 - Feb 11, 2025
#13	-0.55% Jan 18, 2000 - Jan 20, 2000	-17.66% Jul 26, 2024 - Nov 6, 2024
#14	-0.52% Dec 9, 1999 - Dec 13, 1999	-13.14% Feb 11, 2005 - Jun 17, 2005
#15	N/A	-11.95% Nov 29, 2017 - Jun 4, 2018