LAM RESEARCH CORP (LAR0.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:LAR0 - US5128073062 - Common Stock
149.16 EUR
+0.16 (+0.11%)
LAR0 gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 61 industry peers in the Semiconductors & Semiconductor Equipment industry. While LAR0 belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. LAR0 is valued quite expensive, but it does show an excellent growth. This makes LAR0 very considerable for growth investing!
1. Profitability
1.1 Basic Checks
In the past year LAR0 was profitable.
LAR0 had a positive operating cash flow in the past year.
In the past 5 years LAR0 has always been profitable.
Each year in the past 5 years LAR0 had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 26.53%, LAR0 belongs to the best of the industry, outperforming 95.16% of the companies in the same industry.
With an excellent Return On Equity value of 57.01%, LAR0 belongs to the best of the industry, outperforming 93.55% of the companies in the same industry.
LAR0 has a better Return On Invested Capital (29.96%) than 88.71% of its industry peers.
LAR0 had an Average Return On Invested Capital over the past 3 years of 24.93%. This is significantly above the industry average of 14.58%.
The 3 year average ROIC (24.93%) for LAR0 is below the current ROIC(29.96%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 26.53% | ||
| ROE | 57.01% | ||
| ROIC | 29.96% |
ROA(3y)23.18%
ROA(5y)24.18%
ROE(3y)51.37%
ROE(5y)58.46%
ROIC(3y)24.93%
ROIC(5y)26.06%
1.3 Margins
LAR0's Profit Margin of 29.66% is amongst the best of the industry. LAR0 outperforms 83.87% of its industry peers.
LAR0's Profit Margin has improved in the last couple of years.
LAR0 has a Operating Margin of 33.00%. This is amongst the best in the industry. LAR0 outperforms 82.26% of its industry peers.
LAR0's Operating Margin has improved in the last couple of years.
The Gross Margin of LAR0 (49.31%) is comparable to the rest of the industry.
LAR0's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33% | ||
| PM (TTM) | 29.66% | ||
| GM | 49.31% |
OM growth 3Y0.81%
OM growth 5Y3.76%
PM growth 3Y2.83%
PM growth 5Y5.33%
GM growth 3Y2.15%
GM growth 5Y1.2%
2. Health
2.1 Basic Checks
LAR0 has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, LAR0 has less shares outstanding
Compared to 5 years ago, LAR0 has less shares outstanding
Compared to 1 year ago, LAR0 has an improved debt to assets ratio.
2.2 Solvency
LAR0 has a debt to FCF ratio of 0.81. This is a very positive value and a sign of high solvency as it would only need 0.81 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 0.81, LAR0 is doing good in the industry, outperforming 75.81% of the companies in the same industry.
LAR0 has a Debt/Equity ratio of 0.37. This is a healthy value indicating a solid balance between debt and equity.
LAR0's Debt to Equity ratio of 0.37 is on the low side compared to the rest of the industry. LAR0 is outperformed by 67.74% of its industry peers.
Even though the debt/equity ratio score it not favorable for LAR0, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 0.81 | ||
| Altman-Z | N/A |
ROIC/WACC2.82
WACC10.63%
2.3 Liquidity
A Current Ratio of 2.21 indicates that LAR0 has no problem at all paying its short term obligations.
The Current ratio of LAR0 (2.21) is comparable to the rest of the industry.
A Quick Ratio of 1.60 indicates that LAR0 should not have too much problems paying its short term obligations.
LAR0's Quick ratio of 1.60 is in line compared to the rest of the industry. LAR0 outperforms 45.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.6 |
3. Growth
3.1 Past
LAR0 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 41.65%, which is quite impressive.
Measured over the past years, LAR0 shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.02% on average per year.
The Revenue has grown by 25.66% in the past year. This is a very strong growth!
LAR0 shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.91% yearly.
EPS 1Y (TTM)41.65%
EPS 3Y7.72%
EPS 5Y21.02%
EPS Q2Q%46.51%
Revenue 1Y (TTM)25.66%
Revenue growth 3Y2.29%
Revenue growth 5Y12.91%
Sales Q2Q%27.74%
3.2 Future
LAR0 is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.46% yearly.
The Revenue is expected to grow by 10.31% on average over the next years. This is quite good.
EPS Next Y19.38%
EPS Next 2Y18.11%
EPS Next 3Y15.56%
EPS Next 5Y13.46%
Revenue Next Year16.4%
Revenue Next 2Y14.56%
Revenue Next 3Y11.64%
Revenue Next 5Y10.31%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 38.74, LAR0 can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as LAR0.
When comparing the Price/Earnings ratio of LAR0 to the average of the S&P500 Index (26.59), we can say LAR0 is valued slightly more expensively.
Based on the Price/Forward Earnings ratio of 30.44, the valuation of LAR0 can be described as expensive.
LAR0's Price/Forward Earnings ratio is in line with the industry average.
LAR0's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 24.03.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.74 | ||
| Fwd PE | 30.44 |
4.2 Price Multiples
67.74% of the companies in the same industry are cheaper than LAR0, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LAR0 indicates a somewhat cheap valuation: LAR0 is cheaper than 67.74% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.79 | ||
| EV/EBITDA | 31.87 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
LAR0 has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as LAR0's earnings are expected to grow with 15.56% in the coming years.
PEG (NY)2
PEG (5Y)1.84
EPS Next 2Y18.11%
EPS Next 3Y15.56%
5. Dividend
5.1 Amount
With a yearly dividend of 0.63%, LAR0 is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.79, LAR0 has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.87, LAR0's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.63% |
5.2 History
The dividend of LAR0 is nicely growing with an annual growth rate of 14.54%!
Dividend Growth(5Y)14.54%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
LAR0 pays out 20.32% of its income as dividend. This is a sustainable payout ratio.
The dividend of LAR0 is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP20.32%
EPS Next 2Y18.11%
EPS Next 3Y15.56%
FRA:LAR0 (12/23/2025, 7:00:00 PM)
149.16
+0.16 (+0.11%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners88.65%
Inst Owner ChangeN/A
Ins Owners0.25%
Ins Owner ChangeN/A
Market Cap187.35B
Revenue(TTM)19.59B
Net Income(TTM)5.81B
Analysts80
Price Target142.62 (-4.38%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.63% |
Yearly Dividend0.76
Dividend Growth(5Y)14.54%
DP20.32%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.44%
Min EPS beat(2)1.09%
Max EPS beat(2)7.79%
EPS beat(4)4
Avg EPS beat(4)3%
Min EPS beat(4)1.09%
Max EPS beat(4)7.79%
EPS beat(8)8
Avg EPS beat(8)3.8%
EPS beat(12)12
Avg EPS beat(12)5.49%
EPS beat(16)14
Avg EPS beat(16)5.37%
Revenue beat(2)1
Avg Revenue beat(2)0.49%
Min Revenue beat(2)-0.24%
Max Revenue beat(2)1.22%
Revenue beat(4)1
Avg Revenue beat(4)0.03%
Min Revenue beat(4)-0.48%
Max Revenue beat(4)1.22%
Revenue beat(8)2
Avg Revenue beat(8)-0.07%
Revenue beat(12)5
Avg Revenue beat(12)0.08%
Revenue beat(16)7
Avg Revenue beat(16)-0.14%
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.74 | ||
| Fwd PE | 30.44 | ||
| P/S | 11.27 | ||
| P/FCF | 39.79 | ||
| P/OCF | 34.59 | ||
| P/B | 21.66 | ||
| P/tB | 26.39 | ||
| EV/EBITDA | 31.87 |
EPS(TTM)3.85
EY2.58%
EPS(NY)4.9
Fwd EY3.28%
FCF(TTM)3.75
FCFY2.51%
OCF(TTM)4.31
OCFY2.89%
SpS13.23
BVpS6.89
TBVpS5.65
PEG (NY)2
PEG (5Y)1.84
Graham Number24.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 26.53% | ||
| ROE | 57.01% | ||
| ROCE | 42.56% | ||
| ROIC | 29.96% | ||
| ROICexc | 53.56% | ||
| ROICexgc | 68.22% | ||
| OM | 33% | ||
| PM (TTM) | 29.66% | ||
| GM | 49.31% | ||
| FCFM | 28.33% |
ROA(3y)23.18%
ROA(5y)24.18%
ROE(3y)51.37%
ROE(5y)58.46%
ROIC(3y)24.93%
ROIC(5y)26.06%
ROICexc(3y)41.85%
ROICexc(5y)43.06%
ROICexgc(3y)52.72%
ROICexgc(5y)54.52%
ROCE(3y)35.41%
ROCE(5y)37.02%
ROICexgc growth 3Y7.04%
ROICexgc growth 5Y0.35%
ROICexc growth 3Y5.47%
ROICexc growth 5Y4.28%
OM growth 3Y0.81%
OM growth 5Y3.76%
PM growth 3Y2.83%
PM growth 5Y5.33%
GM growth 3Y2.15%
GM growth 5Y1.2%
F-Score8
Asset Turnover0.89
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 0.81 | ||
| Debt/EBITDA | 0.54 | ||
| Cap/Depr | 211.81% | ||
| Cap/Sales | 4.26% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 93.06% | ||
| Profit Quality | 95.52% | ||
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.6 | ||
| Altman-Z | N/A |
F-Score8
WACC10.63%
ROIC/WACC2.82
Cap/Depr(3y)151.1%
Cap/Depr(5y)146.11%
Cap/Sales(3y)3.22%
Cap/Sales(5y)3.04%
Profit Quality(3y)105.3%
Profit Quality(5y)90.85%
High Growth Momentum
Growth
EPS 1Y (TTM)41.65%
EPS 3Y7.72%
EPS 5Y21.02%
EPS Q2Q%46.51%
EPS Next Y19.38%
EPS Next 2Y18.11%
EPS Next 3Y15.56%
EPS Next 5Y13.46%
Revenue 1Y (TTM)25.66%
Revenue growth 3Y2.29%
Revenue growth 5Y12.91%
Sales Q2Q%27.74%
Revenue Next Year16.4%
Revenue Next 2Y14.56%
Revenue Next 3Y11.64%
Revenue Next 5Y10.31%
EBIT growth 1Y41.9%
EBIT growth 3Y3.12%
EBIT growth 5Y17.15%
EBIT Next Year27.76%
EBIT Next 3Y16.88%
EBIT Next 5Y20.33%
FCF growth 1Y23.28%
FCF growth 3Y28.47%
FCF growth 5Y23%
OCF growth 1Y29.21%
OCF growth 3Y25.82%
OCF growth 5Y23.76%
LAM RESEARCH CORP / LAR0.DE FAQ
What is the fundamental rating for LAR0 stock?
ChartMill assigns a fundamental rating of 7 / 10 to LAR0.DE.
Can you provide the valuation status for LAM RESEARCH CORP?
ChartMill assigns a valuation rating of 3 / 10 to LAM RESEARCH CORP (LAR0.DE). This can be considered as Overvalued.
Can you provide the profitability details for LAM RESEARCH CORP?
LAM RESEARCH CORP (LAR0.DE) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for LAR0 stock?
The Price/Earnings (PE) ratio for LAM RESEARCH CORP (LAR0.DE) is 38.74 and the Price/Book (PB) ratio is 21.66.
How financially healthy is LAM RESEARCH CORP?
The financial health rating of LAM RESEARCH CORP (LAR0.DE) is 6 / 10.