Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
poLight ASA is a Norwegian technology company specializing in the development and commercialization of innovative tunable optical lenses that replicate the human eye's functionality for autofocus applications. Founded in 2005 and headquartered in Tønsberg, Norway, the company offers its flagship TLens® product, a shapeable polymer-based lens enabling extremely fast focus, compact size, ultra-low power consumption, no magnetic interference, and constant field of view. Complementary products include Packaged TLens for easy integration into camera modules, driver ASICs for capacitive loads, and evaluation kits for performance testing. poLight ASA serves diverse markets such as smartphones and wearables, augmented reality devices, industrial machine vision and barcode scanners, healthcare equipment, and webcams. Operating as a fabless company, it leverages established MEMS foundries and suppliers across Europe, Asia, and the United States, with a global team of optics and MEMS experts holding over 160 patents. With approximately 28 employees, poLight ASA plays a key role in advancing compact imaging solutions within the technology and electronic components sectors.
NOK 0.87
+NOK 0.02 (+2.00%)
EOD Jul 1, 2026
The business is unprofitable at the operating level (-621.81% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 112.8% YoY with margins expanding 506.6pp.
Negative free cash flow of -NOK 93M. The business is consuming cash, not generating it.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
NOK 20M
▲ +112.8% YoY
Net Income (TTM)
-NOK 118M
▼ -16.2% YoY
Op. Margin
-621.81%
▲ +506.6pp YoY
ROIC
-33.96%
▲ +4.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-NOK 93M
▼ -29.2% YoY
Op. Cash Flow (TTM)
-NOK 91M
▼ -31.3% YoY
Net Debt
-NOK 271M
Net Cash Position
Cash & Equiv.
NOK 282M
3Y CAGR: +15.3%
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poLight ASA (PLT.XOSL)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, poLight ASA scores 25/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full . This is analysis, not investment advice.
poLight ASA scores 25 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -621.8% operating margin and a -34.0% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. you should weigh PLT.XOSL's valuation and scores 25/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.