# Luna Innovations Fundamentals

LUNA | Stock | ## USD 6.76 0.35 5.46% |

Luna Innovations fundamentals help investors to digest information that contributes to Luna Innovations' financial success or failures. It also enables traders to predict the movement of Luna Innovations Stock. The fundamental analysis module provides a way to measure Luna Innovations' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Luna Innovations stock.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Luna Innovations | Select Account or Indicator |

**M**, whereas Direct Expenses is forecasted to decline to about 30.2

**M**.

## Luna Innovations Number of Employees Analysis

Luna Innovations' Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll. 2019 | 2020 | 2021 | 2022 (projected) | |

Interest Expense | 16 K | 25 K | 479 K | 516.82 K |

Gross Profit | 35.18 M | 35.88 M | 51.56 M | 55.63 M |

Number of Employees | = | Full Time | + | Part Time |

## Current Luna Innovations Number of Employees | 385 |

Most of Luna Innovations' fundamental indicators, such as Number of Employees, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Luna Innovations is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.

Compare to competition |

Based on the recorded statements, Luna Innovations is currently employing 385 people. This is 95.58% lower than that of the Technology sector and 90.72% lower than that of the Scientific & Technical Instruments industry. The number of employees for all United States stocks is 97.96% higher than that of the company.

## Luna Innovations Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Luna Innovations's current stock value. Our valuation model uses many indicators to compare Luna Innovations value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Luna Innovations competition to find correlations between indicators driving Luna Innovations's intrinsic value. More Info.Luna Innovations is rated**below average**in earnings per share category among related companies. It is rated

**below average**in shares outstanding category among related companies creating about 93,742,857 of Shares Outstanding per Earnings Per Share. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Luna Innovations by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Luna Innovations' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Luna Innovations' earnings, one of the primary drivers of an investment's value.

## Luna Innovations Price to Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Luna Innovations' direct or indirect competition against its Price to Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Luna Innovations could also be used in its relative valuation, which is a method of valuing Luna Innovations by comparing valuation metrics of similar companies.Luna Innovations is currently under evaluation in price to book category among related companies.

## Luna Innovations Current Valuation Drivers

We derive many important indicators used in calculating different scores of Luna Innovations from analyzing Luna Innovations' financial statements. These drivers represent accounts that assess Luna Innovations' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Luna Innovations' important valuation drivers and their relationship over time.

2017 | 2018 | 2019 | 2020 | 2021 | 2022 (projected) | ||

Net Income Per Employee | 73.81 K | 56.14 K | 20.01 K | 7.7 K | 3.53 K | 3.62 K | |

Revenue Per Employee | 233.52 K | 218.97 K | 264.1 K | 193.56 K | 223.25 K | 204.18 K | |

Average Assets | 59.07 M | 69.39 M | 83.79 M | 100.77 M | 129.54 M | 139.76 M | |

Earnings Before Interest Taxes and Depreciation Amortization EBITDA | 584.15 K | 1.91 M | 4.7 M | 6.2 M | (1.19 M) | (1.22 M) | |

Earnings Before Interest Taxes and Depreciation Amortization USD | 16.21 M | 12.39 M | 6.21 M | 5.83 M | 4.51 M | 5.23 M | |

Earnings before Tax | 13.47 M | 11.05 M | 3.69 M | 2.84 M | (598 K) | (613.74 K) | |

Average Equity | 41.71 M | 56.25 M | 65.39 M | 71.38 M | 78.81 M | 64.14 M | |

Enterprise Value | 33.52 M | 47.64 M | 198.49 M | 278.26 M | 278.02 M | 299.97 M | |

Free Cash Flow | (434.49 K) | (3.69 M) | 4.26 M | 2.58 M | 3.07 M | 3.31 M | |

Invested Capital | 15.24 M | 18.32 M | 27.08 M | 74.33 M | 65.71 M | 70.9 M | |

Invested Capital Average | 16.52 M | 16.67 M | 23.97 M | 40.68 M | 74.2 M | 80.06 M | |

Market Capitalization | 69.02 M | 93.59 M | 219.91 M | 304.68 M | 269.81 M | 291.11 M | |

Tangible Asset Value | 64.5 M | 72.2 M | 65.79 M | 92.89 M | 94.08 M | 79.79 M | |

Working Capital | 43.98 M | 56.09 M | 41.07 M | 45.38 M | 49.76 M | 43.44 M |

## Luna Innovations Fundamentals

Return On Equity | (1.97) % | |||

Return On Asset | (1.05) % | |||

Profit Margin | 9.80 % | |||

Operating Margin | 2.79 % | |||

Current Valuation | 220.53 M | |||

Shares Outstanding | 32.81 M | |||

Shares Owned by Insiders | 4.08 % | |||

Shares Owned by Institutions | 51.47 % | |||

Number of Shares Shorted | 364.13 K | |||

Price to Earning | 17.66 X | |||

Price to Book | 2.34 X | |||

Price to Sales | 2.02 X | |||

Revenue | 102.02 M | |||

Gross Profit | 51.56 M | |||

EBITDA | 2.85 M | |||

Net Income | (1.64 M) | |||

Cash and Equivalents | 7.89 M | |||

Cash per Share | 0.24 X | |||

Total Debt | 26.36 M | |||

Debt to Equity | 0.30 % | |||

Current Ratio | 2.38 X | |||

Book Value Per Share | 2.67 X | |||

Cash Flow from Operations | (32 K) | |||

Short Ratio | 6.48 X | |||

Earnings Per Share | 0.35 X | |||

Number of Employees | 385 | |||

Beta | 1.37 | |||

Market Capitalization | 206.01 M | |||

Total Asset | 58.13 M | |||

Retained Earnings | (17.53 M) | |||

Working Capital | 23.42 M | |||

Current Asset | 38.75 M | |||

Current Liabilities | 15.33 M | |||

Z Score | 5.2 |

## About Luna Innovations Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Luna Innovations's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Luna Innovations using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Luna Innovations based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.Last Reported | Projected for 2022 | ||

Deferred Revenue | 4.6 M | 3.8 M | |

Cost of Revenue | 36 M | 32.1 M | |

Revenues | 87.5 M | 94.4 M | |

Revenue to Assets | 0.67 | 0.92 | |

Revenue Per Employee | 223.2 K | 204.2 K |

## Luna Innovations Investors Sentiment

The influence of Luna Innovations' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Luna Innovations. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Investor biases related to Luna Innovations' public news can be used to forecast risks associated with investment in Luna Innovations. The trend in average sentiment can be used to explain how an investor holding Luna Innovations can time the market purely based on public headlines and social activities around Luna Innovations. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.

Luna Innovations' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Luna Innovations' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Luna Innovations' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Luna Innovations.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Luna Innovations in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Luna Innovations' short interest history, or implied volatility extrapolated from Luna Innovations options trading.

## Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Luna Innovations using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.## Build Optimal Portfolios

### Align your risk with return expectations

Additionally, see Luna Innovations Piotroski F Score and Luna Innovations Altman Z Score analysis. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

## Complementary Tools for analysis

When running Luna Innovations price analysis, check to measure Luna Innovations' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Luna Innovations is operating at the current time. Most of Luna Innovations' value examination focuses on studying past and present price action to predict the probability of Luna Innovations' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Luna Innovations' price. Additionally, you may evaluate how the addition of Luna Innovations to your portfolios can decrease your overall portfolio volatility.

Analyst RecommendationsAnalyst recommendations and target price estimates broken down by several categories | Go | |

Options AnalysisAnalyze and evaluate options and option chains as a potential hedge for your portfolios | Go | |

Idea OptimizerUse advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | Go | |

Equity AnalysisResearch over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | Go | |

Stock TickersUse high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | Go |

Is Luna Innovations' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Luna Innovations. If investors know Luna Innovations will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Luna Innovations listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth YOY 1.77 | Market Capitalization 211.1 M | Quarterly Revenue Growth YOY 0.43 | Return On Assets (0.0105) | Return On Equity (0.0197) |

The market value of Luna Innovations is measured differently than its book value, which is the value of Luna Innovations that is recorded on the company's balance sheet. Investors also form their own opinion of Luna Innovations' value that differs from its market value or its book value, called intrinsic value, which is Luna Innovations' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Luna Innovations' market value can be influenced by many factors that don't directly affect Luna Innovations' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Luna Innovations' value and its price as these two are different measures arrived at by different means. Investors typically determine Luna Innovations value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luna Innovations' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.