LAMAR ADVERTISING CO-A (LAMR) Stock Fundamental Analysis
NASDAQ:LAMR - US5128161099 - REIT
126.6 USD
-1.34 (-1.05%)
126.6 USD
0 (0%)
Overall LAMR gets a fundamental rating of 5 out of 10. We evaluated LAMR against 29 industry peers in the Specialized REITs industry. There are concerns on the financial health of LAMR while its profitability can be described as average. LAMR has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
LAMR had positive earnings in the past year.
In the past year LAMR had a positive cash flow from operations.
In the past 5 years LAMR has always been profitable.
LAMR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
LAMR has a better Return On Assets (6.58%) than 86.21% of its industry peers.
Looking at the Return On Equity, with a value of 48.51%, LAMR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
With an excellent Return On Invested Capital value of 7.18%, LAMR belongs to the best of the industry, outperforming 89.66% of the companies in the same industry.
LAMR had an Average Return On Invested Capital over the past 3 years of 7.98%. This is above the industry average of 4.79%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.58% | ||
| ROE | 48.51% | ||
| ROIC | 7.18% |
ROA(3y)6.6%
ROA(5y)6.08%
ROE(3y)37.3%
ROE(5y)32.79%
ROIC(3y)7.98%
ROIC(5y)7.52%
1.3 Margins
LAMR's Profit Margin of 19.70% is in line compared to the rest of the industry. LAMR outperforms 58.62% of its industry peers.
In the last couple of years the Profit Margin of LAMR has declined.
The Operating Margin of LAMR (24.01%) is worse than 68.97% of its industry peers.
In the last couple of years the Operating Margin of LAMR has declined.
Looking at the Gross Margin, with a value of 81.58%, LAMR belongs to the top of the industry, outperforming 86.21% of the companies in the same industry.
LAMR's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.01% | ||
| PM (TTM) | 19.7% | ||
| GM | 81.58% |
OM growth 3Y-6.38%
OM growth 5Y-3.92%
PM growth 3Y-8.94%
PM growth 5Y-5.03%
GM growth 3Y-1%
GM growth 5Y-1.65%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so LAMR is still creating some value.
The number of shares outstanding for LAMR has been increased compared to 1 year ago.
Compared to 5 years ago, LAMR has more shares outstanding
Compared to 1 year ago, LAMR has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.66, we must say that LAMR is in the distress zone and has some risk of bankruptcy.
LAMR's Altman-Z score of 1.66 is fine compared to the rest of the industry. LAMR outperforms 79.31% of its industry peers.
The Debt to FCF ratio of LAMR is 4.67, which is a neutral value as it means it would take LAMR, 4.67 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of LAMR (4.67) is better than 96.55% of its industry peers.
A Debt/Equity ratio of 3.45 is on the high side and indicates that LAMR has dependencies on debt financing.
LAMR has a Debt to Equity ratio of 3.45. This is in the lower half of the industry: LAMR underperforms 75.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.45 | ||
| Debt/FCF | 4.67 | ||
| Altman-Z | 1.66 |
ROIC/WACC0.93
WACC7.75%
2.3 Liquidity
A Current Ratio of 0.58 indicates that LAMR may have some problems paying its short term obligations.
The Current ratio of LAMR (0.58) is worse than 62.07% of its industry peers.
LAMR has a Quick Ratio of 0.58. This is a bad value and indicates that LAMR is not financially healthy enough and could expect problems in meeting its short term obligations.
LAMR's Quick ratio of 0.58 is on the low side compared to the rest of the industry. LAMR is outperformed by 62.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.58 |
3. Growth
3.1 Past
The earnings per share for LAMR have decreased strongly by -12.78% in the last year.
The Earnings Per Share has been decreasing by -0.56% on average over the past years.
LAMR shows a small growth in Revenue. In the last year, the Revenue has grown by 3.08%.
The Revenue has been growing slightly by 4.71% on average over the past years.
EPS 1Y (TTM)-12.78%
EPS 3Y-2.6%
EPS 5Y-0.56%
EPS Q2Q%13.43%
Revenue 1Y (TTM)3.08%
Revenue growth 3Y7.28%
Revenue growth 5Y4.71%
Sales Q2Q%2.49%
3.2 Future
LAMR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.81% yearly.
The Revenue is expected to grow by 3.54% on average over the next years.
EPS Next Y69.82%
EPS Next 2Y30.33%
EPS Next 3Y23.81%
EPS Next 5YN/A
Revenue Next Year2.44%
Revenue Next 2Y3.08%
Revenue Next 3Y3.54%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
LAMR is valuated quite expensively with a Price/Earnings ratio of 29.44.
Compared to the rest of the industry, the Price/Earnings ratio of LAMR indicates a somewhat cheap valuation: LAMR is cheaper than 65.52% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of LAMR to the average of the S&P500 Index (27.03), we can say LAMR is valued inline with the index average.
A Price/Forward Earnings ratio of 21.11 indicates a rather expensive valuation of LAMR.
75.86% of the companies in the same industry are more expensive than LAMR, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of LAMR to the average of the S&P500 Index (22.54), we can say LAMR is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.44 | ||
| Fwd PE | 21.11 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LAMR is valued a bit cheaper than 72.41% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, LAMR is valued a bit cheaper than 75.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.73 | ||
| EV/EBITDA | 16.25 |
4.3 Compensation for Growth
LAMR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of LAMR may justify a higher PE ratio.
A more expensive valuation may be justified as LAMR's earnings are expected to grow with 23.81% in the coming years.
PEG (NY)0.42
PEG (5Y)N/A
EPS Next 2Y30.33%
EPS Next 3Y23.81%
5. Dividend
5.1 Amount
LAMR has a Yearly Dividend Yield of 4.84%, which is a nice return.
LAMR's Dividend Yield is comparable with the industry average which is at 5.89.
LAMR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.84% |
5.2 History
The dividend of LAMR is nicely growing with an annual growth rate of 8.03%!
LAMR has paid a dividend for at least 10 years, which is a reliable track record.
LAMR has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)8.03%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
143.32% of the earnings are spent on dividend by LAMR. This is not a sustainable payout ratio.
The dividend of LAMR is growing, but earnings are growing more, so the dividend growth is sustainable.
DP143.32%
EPS Next 2Y30.33%
EPS Next 3Y23.81%
126.6
-1.34 (-1.05%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners98.7%
Inst Owner Change0.43%
Ins Owners0.78%
Ins Owner Change0.68%
Market Cap12.81B
Analysts75.38
Price Target134.9 (6.56%)
Short Float %6.61%
Short Ratio9.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.84% |
Yearly Dividend5.67
Dividend Growth(5Y)8.03%
DP143.32%
Div Incr Years1
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.56%
Min EPS beat(2)-3.55%
Max EPS beat(2)2.42%
EPS beat(4)1
Avg EPS beat(4)-26.15%
Min EPS beat(4)-100.67%
Max EPS beat(4)2.42%
EPS beat(8)2
Avg EPS beat(8)-14.26%
EPS beat(12)3
Avg EPS beat(12)-15.37%
EPS beat(16)6
Avg EPS beat(16)-10.6%
Revenue beat(2)0
Avg Revenue beat(2)-2.4%
Min Revenue beat(2)-2.61%
Max Revenue beat(2)-2.2%
Revenue beat(4)0
Avg Revenue beat(4)-3.56%
Min Revenue beat(4)-6.86%
Max Revenue beat(4)-2.2%
Revenue beat(8)0
Avg Revenue beat(8)-2.37%
Revenue beat(12)0
Avg Revenue beat(12)-2.03%
Revenue beat(16)4
Avg Revenue beat(16)-0.8%
PT rev (1m)1.54%
PT rev (3m)1.54%
EPS NQ rev (1m)2.79%
EPS NQ rev (3m)0.17%
EPS NY rev (1m)0.14%
EPS NY rev (3m)3.24%
Revenue NQ rev (1m)0.24%
Revenue NQ rev (3m)-0.43%
Revenue NY rev (1m)-0.52%
Revenue NY rev (3m)-0.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.44 | ||
| Fwd PE | 21.11 | ||
| P/S | 5.75 | ||
| P/FCF | 17.73 | ||
| P/OCF | 14.83 | ||
| P/B | 14.16 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.25 |
EPS(TTM)4.3
EY3.4%
EPS(NY)6
Fwd EY4.74%
FCF(TTM)7.14
FCFY5.64%
OCF(TTM)8.54
OCFY6.74%
SpS22.02
BVpS8.94
TBVpS-21.69
PEG (NY)0.42
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.58% | ||
| ROE | 48.51% | ||
| ROCE | 9.08% | ||
| ROIC | 7.18% | ||
| ROICexc | 7.24% | ||
| ROICexgc | 15.45% | ||
| OM | 24.01% | ||
| PM (TTM) | 19.7% | ||
| GM | 81.58% | ||
| FCFM | 32.43% |
ROA(3y)6.6%
ROA(5y)6.08%
ROE(3y)37.3%
ROE(5y)32.79%
ROIC(3y)7.98%
ROIC(5y)7.52%
ROICexc(3y)8.04%
ROICexc(5y)7.62%
ROICexgc(3y)18.03%
ROICexgc(5y)17.14%
ROCE(3y)10.1%
ROCE(5y)9.52%
ROICexcg growth 3Y-4.28%
ROICexcg growth 5Y-1.97%
ROICexc growth 3Y-2.39%
ROICexc growth 5Y-1.27%
OM growth 3Y-6.38%
OM growth 5Y-3.92%
PM growth 3Y-8.94%
PM growth 5Y-5.03%
GM growth 3Y-1%
GM growth 5Y-1.65%
F-Score7
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.45 | ||
| Debt/FCF | 4.67 | ||
| Debt/EBITDA | 3.12 | ||
| Cap/Depr | 30.28% | ||
| Cap/Sales | 6.34% | ||
| Interest Coverage | 3.43 | ||
| Cash Conversion | 86.26% | ||
| Profit Quality | 164.62% | ||
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.58 | ||
| Altman-Z | 1.66 |
F-Score7
WACC7.75%
ROIC/WACC0.93
Cap/Depr(3y)45.21%
Cap/Depr(5y)41.38%
Cap/Sales(3y)7.45%
Cap/Sales(5y)6.67%
Profit Quality(3y)156.47%
Profit Quality(5y)167.04%
High Growth Momentum
Growth
EPS 1Y (TTM)-12.78%
EPS 3Y-2.6%
EPS 5Y-0.56%
EPS Q2Q%13.43%
EPS Next Y69.82%
EPS Next 2Y30.33%
EPS Next 3Y23.81%
EPS Next 5YN/A
Revenue 1Y (TTM)3.08%
Revenue growth 3Y7.28%
Revenue growth 5Y4.71%
Sales Q2Q%2.49%
Revenue Next Year2.44%
Revenue Next 2Y3.08%
Revenue Next 3Y3.54%
Revenue Next 5YN/A
EBIT growth 1Y-21.82%
EBIT growth 3Y0.44%
EBIT growth 5Y0.6%
EBIT Next Year53.13%
EBIT Next 3Y18.72%
EBIT Next 5YN/A
FCF growth 1Y22.16%
FCF growth 3Y7.15%
FCF growth 5Y8.84%
OCF growth 1Y11.35%
OCF growth 3Y5.96%
OCF growth 5Y6.73%