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Lantronix Inc (LTRX) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of Lantronix Inc stock $3.07, price $5.17, that is 40.6% below the price, quality 50 out of 100. Rating: strongly overvalued. Calculated from audited financials with 7 of our 26 valuation models and 37 quality factors, updated daily.

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Technology US

LI Lantronix Inc logo Thin data Nov 6, 2026

Lantronix Inc

LTRX · US
Solid, but very expensive

Our calculation puts a fair price 41% below what the stock costs today.

Low debt
Generates free cash flow
Quality 50/100
Insiders bought $77,700 (6M)
Fair value $3.07 · Strongly overvalued
Weak Growth (revenue 3y −2.7 %/yr in USD)
Loss-making · -3.5% net margin (TTM)
Trails peers (1/12)
Narrow moat 19/100
Thin data
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Price vs Fair Value

$9.97 $1.96 Fair Value $3.07 Aug 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.

How to read this chart

60‑month range $1.96 – $9.97 · fair‑value band $2.51 – $3.76 · the $5.17 price screens above the $3.07 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 4 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 6, 2026.

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Company profile

Lantronix, Inc. develops, markets, and sells industrial and enterprise internet of things (IoT) products and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan.

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The company's embedded IoT solutions provides embedded products, including compute system-on-module and system-in-package solutions; and IoT compute products which offers application processing solutions for data transformation, computer vision, machine learning, augmented/virtual reality, and custom applications, as well as software tools for industrial automation, automotive systems, and smart city infrastructure.

It also provides IoT Systems Solutions, which include wired and wireless connections which enhances modern electronic systems and equipment by providing secure network connectivity, power for IoT end devices through power over ethernet (PoE), application hosting, protocol conversion, media conversion, secure access for distributed IoT deployments, and other functions; PoE products for support of remote devices, such as camera and wireless access points; smart tracking devices; and advanced out-of-band products, including console and power management, and IP-connected keyboard-video-mouse.

In addition, the company offers a SaaS platform that enables customers to deploy, monitor, manage, and automate deployments; multitenancy functionality for support of customer separation and data security; and multidisciplinary engineering services for IoT product development, including hardware, software, mechanical engineering, rapid prototyping, and quality assurance.

The company has a strategic partnership with Safe Pro Group Inc. to develop autonomous drone components integrating edge AI compute with flight control systems; has a collaboration with Cherry & White to Launch rapid Wi-Fi platform that brings enterprise-grade connectivity to critical infrastructure in minutes.

Lantronix, Inc. was incorporated in 1989 and is based in Irvine, California.

Stock analysis

Lantronix Inc (LTRX) currently trades at $5.17, while our model-based Fair Value estimate is $3.07, 41% below the price, so the stock looks overvalued today.

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Valuation

Bull case: the Multiples group reads highest at a median of $3.68 per share, and 0 of the 7 models we run sit above the $5.17 price.

Bear case: the Asset-Based group reads lowest at $1.63, and 7 of the 7 models stay below the price. Data coverage for this calculation is low.

Scenario range: $2.51 (bear) to $3.76 (bull), the price of $5.17 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 50/100 (solid quality), in the Technology sector.

Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.

Lantronix Inc reported revenue of $121M in FY2026 versus $130M in FY2022, a compound −1.7%/yr. Reported net income was −$4.2M in FY2026.

Key figures

Market cap $273M Micro · P/S ratio 2.26 · EPS (TTM) $−0.1000 · Net margin −3.5% · Return on equity −4.3% · Return on assets (EBIT) −4.3% (5-year average) · Operating margin −0.2% · Revenue (TTM) $121M.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 19 out of 100 (medium confidence).

What moves the price

The share trades about 39% below its 52-week high and 15% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Technology peers we cover trades at −45% fair-value upside, at −41%, LTRX screens cheaper than that median.

Fair Value models

Bear $2.51 Fair Value $3.07 Bull $3.76
Price $5.17 · Downside -40.6%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF $2.48 $2.87 $3.31 80
Growth DCF $2.49 $2.83 $3.19 78
5Y Revenue Exit $2.64 $3.39 $4.32 72
All 7 models by family
DCF Models
FCF DCF $2.48 $2.87 $3.31 80
5Y Revenue Exit $2.64 $3.39 $4.32 72
10Y Revenue Exit $2.51 $3.07 $3.76 66
Multiples
EV/Revenue $2.91 $3.68 $4.45 54
Asset-Based
NCAV (Graham) $1.08 $1.63 $2.04 55
Growth DCF
Growth DCF $2.49 $2.83 $3.19 78
Rev-Margin DCF $2.64 $3.40 $4.26 72

Open the full fair value analysis →

Quality Score breakdown

Overall quality 50/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 25
How much profit the company makes from its sales and capital
Quality Growth 51
Are margins and returns getting better?
Cashflow 59
Do the profits arrive as real cash?
Financial strength 99
Debt, balance sheet and risk of trouble
Investment 71
Does it invest with discipline instead of growing at any price?
Low Volatility 7
How calm the share price moves, does not count
Price momentum 43
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 32
Distance to the 52-week high, does not count
New shares 14
Buys back shares or issues new ones?

Open the full quality analysis →

Insider trades

In the last 6 months, one officer or director bought shares worth $77,700, on Sep 9, 2026.

  • BuySaleel AwsarePresident & CEO, Director15,000 shares at $5.18$77,700Sep 9, 2026
  • SaleMathi GurusamyChief Product & Strategy Ofcr14,467 shares at $6.21$89,840Mar 13, 2026

Plus 20 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.

Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.

Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−1.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−2.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+11.1%
Start year 2021 (pandemic). Over 10 years: +11.5% a year
Revenue growth 27 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.9%
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−4.7% (2021) → −3.1% (2026)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed

Growth Forecast

A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+18.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+11.9%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +16.0% a year for the price and +9.3% for the forecasts.
Forecast 2027 (sales)+14.7%
Forecast 2028 (sales)+13.4%
Projected 2029 (sales)+11.9%
Projected 2030 (sales)+10.5%
Projected 2031 (sales)+9.1%

LTRX screens overvalued: fair value 41% below the price. Compare with Cisco Systems, Inc →

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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Communication Equipment · 303 stocks

Beats the industry median on 1/11 measures
Overall it trails its industry peers.
Valuation
Quality Score 50 · Below median
Fair Value upside −40.6% · Below median
Profitability
Return on assets −2.6% · Bottom 25%
Net margin (12 months) −3.5% · Bottom 25%
Operating margin (12 months) −0.2% · Below median
Growth and dividend
Revenue growth (quarter YoY) 8.0% · Below median
Balance sheet
Debt / equity 0.07× · Above median

Valuation Multiplesvs Communication Equipment median · lower = cheaper

P/B 2.29× · Pricier than median
P/S (12 months) 2.26× · Pricier than median
Price / free cash flow (fiscal year) 29.5× · Pricier than median
PEG 0.91× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 0
FUTURE (revenue growth)40 · sector 57
PAST (return on equity)0 · sector 21
HEALTH (low debt)96 · sector 98
DIVIDEND (yield)0 · sector 24

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Communication Equipment stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Cisco Systems, Inc CSCO $93.85 $103.24 +10% vs LTRX
Eoptolink Technology Inc 300502 ¥172.10 ¥189.31 +10% vs LTRX
Ubiquiti Inc UI $592.84 $652.12 +10% vs LTRX
Zhongji Innolight Co 300308 ¥448.00 ¥342.18 −24% vs LTRX
Nokia Oyj NOKIA €6.98 €3.87 −45% vs LTRX
Motorola Solutions, Inc MSI $514.51 $249.63 −51% vs LTRX
Foxconn Industrial Internet Co 601138 ¥40.71 ¥13.93 −66% vs LTRX
Ciena Corporation CIEN $243.39 $74.58 −69% vs LTRX
Yangtze Optical Fibre And Cable Joint Stock Limited 601869 ¥240.00 ¥59.92 −75% vs LTRX
Lumentum Holdings LITE $538.59 $85.88 −84% vs LTRX

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Lantronix Inc: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Lantronix Inc Fair Value". https://www.fairvalue-calculator.com/stock/LTRX

Frequently asked questions

Is Lantronix Inc (LTRX) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of $3.07 versus a price of $5.17, about 41% lower (overvalued).
What is the fair value of LTRX?
Our model-based fair value for Lantronix Inc is $3.07 (as of Nov 6, 2026), built from audited fundamentals. The current price: $5.17.
What is the quality score of LTRX?
Lantronix Inc has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Lantronix Inc (LTRX)?
Our model-based price target is the fair value of $3.07 (as of Nov 6, 2026) from 7 valuation models. Cautious scenario $2.51, optimistic scenario $3.76. It is a calculation from audited fundamentals, not an analyst target.
What is the Lantronix Inc stock forecast for 2026?
Our models put fair value at $3.07, about 41% lower versus a price of $5.17 (overvalued). Cautious scenario $2.51, optimistic scenario $3.76. The calculation is refreshed regularly with new filings.
What is the revenue of Lantronix Inc (LTRX)?
Lantronix Inc reported trailing-twelve-month revenue of about $121M (latest available figure, as of Nov 6, 2026).
What growth is priced into Lantronix Inc (LTRX)?
For today's price to be fair in a discounted-cash-flow model, Lantronix Inc would have to grow free cash flow by +18.8 % per year for five years (discount rate 14.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +11.1 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of LTRX use?
Our models discount Lantronix Inc at 14.7 %: a base by market capitalisation (micro), damped by beta 1.62, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Lantronix Inc that is +18.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (14.7 %) and the same formula as our fair value.
How much growth has Lantronix Inc (LTRX) delivered so far?
Over the past 5 years revenue at Lantronix Inc grew +11.1 % a year. The price currently implies free-cash-flow growth of +18.8 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Lantronix Inc (LTRX) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Lantronix Inc (+18.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Lantronix Inc (LTRX)?
The free-cash-flow yield on the price is 4.25 %: that much free cash flow Lantronix Inc produces per unit of market value. When it exceeds the discount rate of our models (14.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Lantronix Inc (LTRX)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Lantronix Inc it is $3.07 per share (as of Nov 6, 2026), against a price of $5.17. It is the blended result of 7 valuation models in 4 families (DCF Models, Multiples, Asset-Based, Growth DCF).
Is Lantronix Inc stock overvalued or undervalued in 2026?
As of Nov 6, 2026, LTRX trades above its calculated fair value: price $5.17, fair value $3.07, a gap of about −41% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of LTRX?
No. The price is what the market pays today ($5.17); the fair value is what the company's own numbers justify ($3.07). For Lantronix Inc the two are $2.10 per share apart. That gap is exactly why we show both numbers side by side.
How much is Lantronix Inc worth?
The market values Lantronix Inc at about $273M (market capitalisation, as of Nov 6, 2026). Per share that is $5.17; our models calculate a fair value of $3.07 per share.
What do the bullish and bearish scenarios say about LTRX?
Our models span a range for Lantronix Inc: cautious scenario $2.51, base $3.07, optimistic $3.76 per share (as of Nov 6, 2026, price $5.17). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of LTRX?
The PEG ratio of Lantronix Inc is 0.91 (P/E divided by earnings growth, as of Nov 6, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Lantronix Inc (LTRX)?
Balance-sheet figures for Lantronix Inc (as of Nov 6, 2026): return on equity −4.3%, debt of 0.07 per unit of equity. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is LTRX from its 52-week high?
Lantronix Inc trades at $5.17, about 39% below its 52-week high of $8.45 and 15% above the low of $4.48 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $3.07 is for.
Which stocks are comparable to Lantronix Inc?
From the same area (Technology) we also value Cisco Systems, Inc, Foxconn Industrial Internet Co, Zhongji Innolight Co, Motorola Solutions, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Lantronix Inc stock attractive at the current price?
The data as of Nov 6, 2026: price $5.17, calculated fair value $3.07 (−41%), Quality Score 50/100, from 7 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of LTRX calculated?
We run Lantronix Inc through 7 models from 4 families: DCF Models, Multiples, Asset-Based, Growth DCF. Every model gets the same audited fundamentals; the fair value of $3.07 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Lantronix Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Lantronix Inc (LTRX)?
The closing price on Nov 6, 2026 was $5.17. Our model-based fair value is $3.07, about 41% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Lantronix Inc right now?
The price sits above even our optimistic bull case ($3.76). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.

Key figures of Lantronix Inc

How large is the market capitalisation of Lantronix Inc (LTRX)?
The market capitalisation of Lantronix Inc is $273M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Lantronix Inc (LTRX)?
The price-to-sales ratio of Lantronix Inc is 2.26 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Lantronix Inc (LTRX)?
Earnings per share at Lantronix Inc are $−0.1000. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Lantronix Inc (LTRX)?
The net margin of Lantronix Inc is −3.5% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Lantronix Inc (LTRX)?
The return on equity (ROE) of Lantronix Inc is −4.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Lantronix Inc (LTRX)?
On an EBIT basis the return on assets of Lantronix Inc is −4.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Lantronix Inc (LTRX)?
The operating margin of Lantronix Inc is −0.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Lantronix Inc (LTRX)?
Revenue at Lantronix Inc is growing +8.0% versus a year earlier (3y avg −2.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much net cash does Lantronix Inc (LTRX) hold?
Lantronix Inc holds more cash than debt, $52.2M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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