(LTRX) Lantronix - Overview

Sector: Technology | Industry: Communication Equipment | Exchange: NASDAQ (USA) | Market Cap: 253m USD | Total Return: 226.3% in 12m

Embedded Modules, Network Gateways, Tracking Devices, Management Software
Total Rating 45
Safety 36
Buy Signal 0.48
Communication Equipment
Industry Rotation: -1.1
Market Cap: 253M
Avg Turnover: 4.79M
Risk 3d forecast
Volatility70.3%
VaR 5th Pctl10.3%
VaR vs Median-14.3%
Reward TTM
Sharpe Ratio1.76
Rel. Str. IBD94.1
Rel. Str. Peer Group71.2
Character TTM
Beta1.394
Beta Downside1.347
Hurst Exponent0.391
Drawdowns 3y
Max DD71.72%
CAGR/Max DD0.18
CAGR/Mean DD0.37
EPS (Earnings per Share) EPS (Earnings per Share) of LTRX over the last years for every Quarter: "2021-03": 0.05, "2021-06": 0.06, "2021-09": 0.08, "2021-12": 0.1, "2022-03": 0.08, "2022-06": 0.08, "2022-09": 0.07, "2022-12": 0.04, "2023-03": 0.06, "2023-06": 0.06, "2023-09": 0.07, "2023-12": 0.08, "2024-03": 0.11, "2024-06": 0.15, "2024-09": 0.06, "2024-12": 0.04, "2025-03": 0.03, "2025-06": 0.01, "2025-09": 0.04, "2025-12": 0.04, "2026-03": 0.04,
EPS CAGR: -27.70%
EPS Trend: -62.2%
Last SUE: 0.00
Qual. Beats: 0
Revenue Revenue of LTRX over the last years for every Quarter: 2021-03: 17.108, 2021-06: 20.638, 2021-09: 27.705, 2021-12: 33.681, 2022-03: 32.324, 2022-06: 35.945, 2022-09: 31.795, 2022-12: 31.506, 2023-03: 32.964, 2023-06: 34.924, 2023-09: 33.031, 2023-12: 37.038, 2024-03: 41.183, 2024-06: 49.075, 2024-09: 34.423, 2024-12: 31.161, 2025-03: 28.5, 2025-06: 28.839, 2025-09: 29.794, 2025-12: 29.774, 2026-03: 30.177,
Rev. CAGR: -6.17%
Rev. Trend: -48.0%
Last SUE: -0.66
Qual. Beats: 0

Warnings

Interest Coverage Ratio -48.1 is critical

Altman Z'' -9.64 < 1.0 - financial distress zone

Volatile

Tailwinds

Leader, Tailwind

Description: LTRX Lantronix

Lantronix, Inc. (LTRX) is a global provider of industrial and enterprise Internet of Things (IoT) solutions, specializing in embedded systems, connectivity hardware, and cloud-based management software. The company’s portfolio includes system-on-module (SoM) units, power-over-ethernet (PoE) devices, and out-of-band management tools designed for high-growth applications such as computer vision, machine learning, and smart city infrastructure.

Operating within the Communications Equipment sub-industry, Lantronix utilizes a hardware-enabled software business model, increasingly integrating its hardware with a SaaS platform for remote device monitoring and automation. The sector is characterized by high R&D requirements to keep pace with rapid advancements in edge AI and autonomous technologies, as evidenced by the company’s strategic partnership to develop drone flight control systems.

For a detailed breakdown of the companys financial health and valuation metrics, consider reviewing the latest data on ValueRay.

Founded in 1989 and headquartered in Irvine, California, the company maintains a diversified geographic presence across the Americas, EMEA, and Asia Pacific. Its multidisciplinary engineering services further support the business model by providing custom hardware and software prototyping for third-party industrial automation and automotive clients.

Headlines to Watch Out For
  • Enterprise demand for edge AI compute modules drives high-margin hardware revenue
  • Expansion of SaaS management platform increases recurring revenue and gross margins
  • Supply chain volatility impacts lead times for industrial IoT networking components
  • Strategic partnerships in autonomous drone technology diversify revenue into defense sectors
  • Global industrial automation spending cycles dictate volume of embedded IoT sales
Piotroski VR-10 (Strict) 3.5
Net Income: -6.54m TTM > 0 and > 6% of Revenue
FCF/TA: 0.07 > 0.02 and ΔFCF/TA 0.61 > 1.0
NWC/Revenue: 41.22% < 20% (prev 33.46%; Δ 7.77% < -1%)
CFO/TA 0.08 > 3% & CFO 9.00m > Net Income -6.54m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 2.74 > 1.5 & < 3
Outstanding Shares: last quarter (39.5m) vs 12m ago 1.68% < -2%
Gross Margin: 41.81% > 18% (prev 0.41%; Δ 4.14k% > 0.5%)
Asset Turnover: 97.12% > 50% (prev 115.3%; Δ -18.16% > 0%)
Interest Coverage Ratio: -48.12 > 6 (EBITDA TTM -2.24m / Interest Expense TTM 133k)
Altman Z'' -9.64
A: 0.41 (Total Current Assets 77.0m - Total Current Liabilities 28.1m) / Total Assets 120.0m
B: -1.99 (Retained Earnings -238.3m / Total Assets 120.0m)
C: -0.05 (EBIT TTM -6.40m / Avg Total Assets 122.1m)
D: -5.22 (Book Value of Equity -238.0m / Total Liabilities 45.5m)
Altman-Z'' = -9.64 = D
Beneish M -3.17
DSRI: 1.16 (Receivables 24.4m/25.3m, Revenue 118.6m/143.2m)
GMI: 0.98 (GM 41.81% / 41.13%)
AQI: 0.98 (AQ_t 0.28 / AQ_t-1 0.29)
SGI: 0.83 (Revenue 118.6m / 143.2m)
TATA: -0.13 (NI -6.54m - CFO 9.00m) / TA 120.0m)
Beneish M = -3.17 (Cap -4..+1) = AA
What is the price of LTRX shares?

As of May 25, 2026, the stock is trading at USD 6.44 with a total of 794,817 shares traded.
Over the past week, the price has changed by +12.92%, over one month by +10.62%, over three months by +20.61% and over the past year by +226.27%.

Is LTRX a buy, sell or hold?

Lantronix has received a consensus analysts rating of 4.60. Therefore, it is recommended to buy LTRX.

  • StrongBuy: 3
  • Buy: 2
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the LTRX price?
Analysts Target Price 9.1 41.8%
Lantronix (LTRX) - Fundamental Data Overview as of 21 May 2026
P/E Forward = 18.9753
P/S = 2.1355
P/B = 3.3497
P/EG = 0.905
Revenue TTM = 118.6m USD
EBIT TTM = -6.40m USD
EBITDA TTM = -2.24m USD
Long Term Debt = 8.69m USD (from longTermDebt, last quarter)
Short Term Debt = 1.55m USD (from shortTermDebt, last quarter)
Debt = 25.1m USD (from shortLongTermDebtTotal, last quarter) + Leases 8.18m
Net Debt = 1.54m USD (calculated: Debt 25.1m - CCE 23.5m)
Enterprise Value = 254.8m USD (253.2m + Debt 25.1m - CCE 23.5m)
Interest Coverage Ratio = -48.12 (Ebit TTM -6.40m / Interest Expense TTM 133k)
EV/FCF = 30.13x (Enterprise Value 254.8m / FCF TTM 8.46m)
FCF Yield = 3.32% (FCF TTM 8.46m / Enterprise Value 254.8m)
FCF Margin = 7.13% (FCF TTM 8.46m / Revenue TTM 118.6m)
Net Margin = -5.52% (Net Income TTM -6.54m / Revenue TTM 118.6m)
Gross Margin = 41.81% ((Revenue TTM 118.6m - Cost of Revenue TTM 69.0m) / Revenue TTM)
Gross Margin QoQ = 41.43% (prev 40.95%)
Tobins Q-Ratio = 2.12 (Enterprise Value 254.8m / Total Assets 120.0m)
Interest Expense / Debt = 0.53% (Interest Expense 133k / Debt 25.1m)
Taxrate = 21.0% (US default 21%)
NOPAT = -5.06m (EBIT -6.40m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.74 (Total Current Assets 77.0m / Total Current Liabilities 28.1m)
Debt / Equity = 0.34 (Debt 25.1m / totalStockholderEquity, last quarter 74.5m)
 Debt / EBITDA = -0.69 (negative EBITDA) (Net Debt 1.54m / EBITDA -2.24m)
 Debt / FCF = 0.18 (Net Debt 1.54m / FCF TTM 8.46m)
Total Stockholder Equity = 74.4m (last 4 quarters mean from totalStockholderEquity)
RoA = -5.36% (Net Income -6.54m / Total Assets 120.0m)
RoE = -2.09% (Net Income TTM -6.54m / Total Stockholder Equity 312.7m)
RoCE = -1.99% (EBIT -6.40m / Capital Employed (Equity 312.7m + L.T.Debt 8.69m))
 RoIC = -5.41% (negative operating profit) (NOPAT -5.06m / Invested Capital 93.5m)
 WACC = 9.94% (E(253.2m)/V(278.3m) * Re(10.88%) + D(25.1m)/V(278.3m) * Rd(0.53%) * (1-Tc(0.21)))
Discount Rate = 10.88% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.56 | Cagr: 2.48%
[DCF] Terminal Value 70.92% ; FCFF base≈8.27m ; Y1≈8.70m ; Y5≈10.1m
[DCF] Fair Price = 3.04 (EV 122.6m - Net Debt 1.54m = Equity 121.0m / Shares 39.8m; r=9.94% [WACC]; 5y FCF grow 5.81% → 2.50% )
EPS Correlation: -62.17 | EPS CAGR: -27.70% | SUE: 0.0 | # QB: 0
Revenue Correlation: -48.04 | Revenue CAGR: -6.17% | SUE: -0.66 | # QB: 0
EPS next Quarter (2026-09-30): EPS=0.05 | Chg30d=-16.67% | Revisions=+0% | Analysts=3
EPS current Year (2026-06-30): EPS=0.16 | Chg30d=-5.97% | Revisions=+0% | GrowthEPS=+12.5% | GrowthRev=-1.6%
EPS next Year (2027-06-30): EPS=0.32 | Chg30d=-1.53% | Revisions=-25% | GrowthEPS=+104.8% | GrowthRev=+16.0%
[Analyst] Revisions Ratio: -25%