LSI INDUSTRIES INC (LYTS)
US50216C1080 - Common Stock
Taking everything into account, LYTS scores 6 out of 10 in our fundamental rating. LYTS was compared to 86 industry peers in the Electrical Equipment industry. LYTS scores excellent points on both the profitability and health parts. This is a solid base for a good stock. LYTS is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
LYTS had positive earnings in the past year.
LYTS had a positive operating cash flow in the past year.
Of the past 5 years LYTS 4 years were profitable.
Of the past 5 years LYTS 4 years had a positive operating cash flow.
1.2 Ratios
LYTS has a Return On Assets of 9.61%. This is amongst the best in the industry. LYTS outperforms 89.41% of its industry peers.
The Return On Equity of LYTS (13.95%) is better than 83.53% of its industry peers.
LYTS's Return On Invested Capital of 13.08% is amongst the best of the industry. LYTS outperforms 89.41% of its industry peers.
LYTS had an Average Return On Invested Capital over the past 3 years of 7.79%. This is below the industry average of 10.94%.
The last Return On Invested Capital (13.08%) for LYTS is above the 3 year average (7.79%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.61% | ||
| ROE | 13.95% | ||
| ROIC | 13.08% |
ROA(3y)5.2%
ROA(5y)2.61%
ROE(3y)9.72%
ROE(5y)4.64%
ROIC(3y)7.79%
ROIC(5y)5.61%
1.3 Margins
LYTS's Profit Margin of 5.96% is fine compared to the rest of the industry. LYTS outperforms 76.47% of its industry peers.
LYTS's Profit Margin has improved in the last couple of years.
LYTS has a better Operating Margin (8.03%) than 71.76% of its industry peers.
In the last couple of years the Operating Margin of LYTS has grown nicely.
Looking at the Gross Margin, with a value of 29.24%, LYTS is in the better half of the industry, outperforming 65.88% of the companies in the same industry.
LYTS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.03% | ||
| PM (TTM) | 5.96% | ||
| GM | 29.24% |
OM growth 3Y58.07%
OM growth 5Y22.64%
PM growth 3Y18.23%
PM growth 5YN/A
GM growth 3Y4.13%
GM growth 5Y1.11%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so LYTS is still creating some value.
LYTS has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, LYTS has more shares outstanding
Compared to 1 year ago, LYTS has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.66 indicates that LYTS is not in any danger for bankruptcy at the moment.
LYTS has a better Altman-Z score (5.66) than 92.94% of its industry peers.
LYTS has a debt to FCF ratio of 0.40. This is a very positive value and a sign of high solvency as it would only need 0.40 years to pay back of all of its debts.
LYTS has a Debt to FCF ratio of 0.40. This is amongst the best in the industry. LYTS outperforms 92.94% of its industry peers.
A Debt/Equity ratio of 0.07 indicates that LYTS is not too dependend on debt financing.
LYTS has a better Debt to Equity ratio (0.07) than 65.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.4 | ||
| Altman-Z | 5.66 |
ROIC/WACC1.23
WACC10.61%
2.3 Liquidity
LYTS has a Current Ratio of 2.17. This indicates that LYTS is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.17, LYTS is in line with its industry, outperforming 57.65% of the companies in the same industry.
A Quick Ratio of 1.25 indicates that LYTS should not have too much problems paying its short term obligations.
The Quick ratio of LYTS (1.25) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.17 | ||
| Quick Ratio | 1.25 |
3. Growth
3.1 Past
LYTS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.99%, which is quite good.
Measured over the past years, LYTS shows a very strong growth in Earnings Per Share. The EPS has been growing by 35.37% on average per year.
The Revenue has decreased by -7.33% in the past year.
LYTS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.76% yearly.
EPS 1Y (TTM)10.99%
EPS 3Y102.74%
EPS 5Y35.37%
EPS growth Q2Q10.53%
Revenue 1Y (TTM)-7.33%
Revenue growth 3Y17.6%
Revenue growth 5Y7.76%
Revenue growth Q2Q-7.9%
3.2 Future
LYTS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.81% yearly.
Based on estimates for the next years, LYTS will show a small growth in Revenue. The Revenue will grow by 5.70% on average per year.
EPS Next Y-7.69%
EPS Next 2Y9.01%
EPS Next 3Y6.97%
EPS Next 5Y4.81%
Revenue Next Year-6.5%
Revenue Next 2Y2.65%
Revenue Next 3Y5.24%
Revenue Next 5Y5.7%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 15.69 indicates a correct valuation of LYTS.
LYTS's Price/Earnings ratio is rather cheap when compared to the industry. LYTS is cheaper than 82.35% of the companies in the same industry.
LYTS is valuated rather cheaply when we compare the Price/Earnings ratio to 28.60, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 13.34, LYTS is valued correctly.
85.88% of the companies in the same industry are more expensive than LYTS, based on the Price/Forward Earnings ratio.
LYTS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.15.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.69 | ||
| Fwd PE | 13.34 |
4.2 Price Multiples
LYTS's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. LYTS is cheaper than 87.06% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, LYTS is valued cheaply inside the industry as 92.94% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.65 | ||
| EV/EBITDA | 10.07 |
4.3 Compensation for Growth
The decent profitability rating of LYTS may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.44
EPS Next 2Y9.01%
EPS Next 3Y6.97%
5. Dividend
5.1 Amount
LYTS has a Yearly Dividend Yield of 1.27%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.22, LYTS pays a better dividend. On top of this LYTS pays more dividend than 91.76% of the companies listed in the same industry.
With a Dividend Yield of 1.27, LYTS pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
5.2 History
The dividend of LYTS decreases each year by -0.74%.
LYTS has been paying a dividend for at least 10 years, so it has a reliable track record.
As LYTS did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)-0.74%
Div Incr Years0
Div Non Decr Years8
5.3 Sustainability
20.41% of the earnings are spent on dividend by LYTS. This is a low number and sustainable payout ratio.
DP20.41%
EPS Next 2Y9.01%
EPS Next 3Y6.97%
LSI INDUSTRIES INC
NASDAQ:LYTS (5/17/2024, 7:11:47 PM)
After market: 15.85 0 (0%)15.85
+0.06 (+0.38%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap460.76M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.69 | ||
| Fwd PE | 13.34 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.61% | ||
| ROE | 13.95% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 8.03% | ||
| PM (TTM) | 5.96% | ||
| GM | 29.24% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.17 | ||
| Quick Ratio | 1.25 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)10.99%
EPS 3Y102.74%
EPS 5Y
EPS growth Q2Q
EPS Next Y-7.69%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-7.33%
Revenue growth 3Y17.6%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y