LCI INDUSTRIES (LCII) Stock Fundamental Analysis
USA - NYSE:LCII - US50189K1034 - Common Stock
95.05 USD
+0.45 (+0.48%)
95.05 USD
0 (0%)
LCII gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 81 industry peers in the Automobile Components industry. While LCII has a great health rating, its profitability is only average at the moment. LCII has a correct valuation and a medium growth rate. Finally LCII also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year LCII was profitable.
In the past year LCII had a positive cash flow from operations.
LCII had positive earnings in each of the past 5 years.
Of the past 5 years LCII 4 years had a positive operating cash flow.
1.2 Ratios
LCII has a Return On Assets of 4.81%. This is amongst the best in the industry. LCII outperforms 91.36% of its industry peers.
The Return On Equity of LCII (11.01%) is better than 91.36% of its industry peers.
LCII's Return On Invested Capital of 6.79% is on the low side compared to the rest of the industry. LCII is outperformed by 66.67% of its industry peers.
LCII had an Average Return On Invested Capital over the past 3 years of 8.44%. This is in line with the industry average of 8.51%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.81% | ||
| ROE | 11.01% | ||
| ROIC | 6.79% |
ROA(3y)6.42%
ROA(5y)6.98%
ROE(3y)14.54%
ROE(5y)17.48%
ROIC(3y)8.44%
ROIC(5y)9.16%
1.3 Margins
LCII has a Profit Margin (3.94%) which is comparable to the rest of the industry.
LCII's Profit Margin has declined in the last couple of years.
LCII has a Operating Margin of 6.17%. This is in the lower half of the industry: LCII underperforms 65.43% of its industry peers.
LCII's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 23.53%, LCII is doing worse than 64.20% of the companies in the same industry.
LCII's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.17% | ||
| PM (TTM) | 3.94% | ||
| GM | 23.53% |
OM growth 3Y-13.19%
OM growth 5Y-7.15%
PM growth 3Y-15.93%
PM growth 5Y-9.15%
GM growth 3Y0.28%
GM growth 5Y0.67%
2. Health
2.1 Basic Checks
LCII has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
LCII has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, LCII has about the same amount of shares outstanding.
LCII has a better debt/assets ratio than last year.
2.2 Solvency
LCII has an Altman-Z score of 3.13. This indicates that LCII is financially healthy and has little risk of bankruptcy at the moment.
LCII has a Altman-Z score of 3.13. This is in the better half of the industry: LCII outperforms 70.37% of its industry peers.
The Debt to FCF ratio of LCII is 3.19, which is a good value as it means it would take LCII, 3.19 years of fcf income to pay off all of its debts.
LCII has a better Debt to FCF ratio (3.19) than 92.59% of its industry peers.
A Debt/Equity ratio of 0.68 indicates that LCII is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.68, LCII is doing worse than 77.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 3.19 | ||
| Altman-Z | 3.13 |
ROIC/WACC0.74
WACC9.13%
2.3 Liquidity
A Current Ratio of 2.81 indicates that LCII has no problem at all paying its short term obligations.
LCII has a better Current ratio (2.81) than 86.42% of its industry peers.
A Quick Ratio of 1.34 indicates that LCII should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.34, LCII is doing good in the industry, outperforming 75.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.81 | ||
| Quick Ratio | 1.34 |
3. Growth
3.1 Past
LCII shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 32.91%, which is quite impressive.
LCII shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.80% yearly.
Looking at the last year, LCII shows a small growth in Revenue. The Revenue has grown by 1.36% in the last year.
Measured over the past years, LCII shows a quite strong growth in Revenue. The Revenue has been growing by 9.55% on average per year.
EPS 1Y (TTM)32.91%
EPS 3Y-20.96%
EPS 5Y-0.8%
EPS Q2Q%-0.42%
Revenue 1Y (TTM)1.36%
Revenue growth 3Y-5.78%
Revenue growth 5Y9.55%
Sales Q2Q%5%
3.2 Future
LCII is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.34% yearly.
LCII is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.93% yearly.
EPS Next Y13.77%
EPS Next 2Y14.34%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.41%
Revenue Next 2Y4.86%
Revenue Next 3Y3.93%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
Based on the Price/Earnings ratio of 14.99, the valuation of LCII can be described as correct.
LCII's Price/Earnings ratio is in line with the industry average.
LCII is valuated rather cheaply when we compare the Price/Earnings ratio to 27.32, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 12.98, which indicates a correct valuation of LCII.
LCII's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.89, LCII is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.99 | ||
| Fwd PE | 12.98 |
4.2 Price Multiples
LCII's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, LCII is valued cheaply inside the industry as 92.59% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.76 | ||
| EV/EBITDA | 8.5 |
4.3 Compensation for Growth
LCII's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
LCII's earnings are expected to grow with 14.34% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.09
PEG (5Y)N/A
EPS Next 2Y14.34%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.86%, LCII is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.01, LCII pays a better dividend. On top of this LCII pays more dividend than 100.00% of the companies listed in the same industry.
LCII's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.86% |
5.2 History
On average, the dividend of LCII grows each year by 11.26%, which is quite nice.
LCII has paid a dividend for at least 10 years, which is a reliable track record.
As LCII did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)11.26%
Div Incr Years8
Div Non Decr Years8
5.3 Sustainability
LCII pays out 74.73% of its income as dividend. This is not a sustainable payout ratio.
LCII's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP74.73%
EPS Next 2Y14.34%
EPS Next 3YN/A
95.05
+0.45 (+0.48%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners112.18%
Inst Owner Change0.43%
Ins Owners2.23%
Ins Owner Change1.07%
Market Cap2.30B
Analysts73.33
Price Target107.11 (12.69%)
Short Float %9.63%
Short Ratio7.92
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.86% |
Yearly Dividend4.36
Dividend Growth(5Y)11.26%
DP74.73%
Div Incr Years8
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.07%
Min EPS beat(2)2.38%
Max EPS beat(2)37.76%
EPS beat(4)3
Avg EPS beat(4)16.46%
Min EPS beat(4)-0.22%
Max EPS beat(4)37.76%
EPS beat(8)5
Avg EPS beat(8)8.13%
EPS beat(12)7
Avg EPS beat(12)25.23%
EPS beat(16)10
Avg EPS beat(16)23.96%
Revenue beat(2)2
Avg Revenue beat(2)3.32%
Min Revenue beat(2)1.21%
Max Revenue beat(2)5.43%
Revenue beat(4)2
Avg Revenue beat(4)0.16%
Min Revenue beat(4)-3.27%
Max Revenue beat(4)5.43%
Revenue beat(8)2
Avg Revenue beat(8)-1.41%
Revenue beat(12)3
Avg Revenue beat(12)-0.81%
Revenue beat(16)7
Avg Revenue beat(16)1.33%
PT rev (1m)0%
PT rev (3m)2.83%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10.18%
EPS NY rev (1m)-3.33%
EPS NY rev (3m)-5.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.15%
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)0.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.99 | ||
| Fwd PE | 12.98 | ||
| P/S | 0.6 | ||
| P/FCF | 7.76 | ||
| P/OCF | 6.78 | ||
| P/B | 1.66 | ||
| P/tB | 6.72 | ||
| EV/EBITDA | 8.5 |
EPS(TTM)6.34
EY6.67%
EPS(NY)7.32
Fwd EY7.7%
FCF(TTM)12.25
FCFY12.89%
OCF(TTM)14.03
OCFY14.76%
SpS159.71
BVpS57.14
TBVpS14.15
PEG (NY)1.09
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.81% | ||
| ROE | 11.01% | ||
| ROCE | 8.89% | ||
| ROIC | 6.79% | ||
| ROICexc | 7.31% | ||
| ROICexgc | 12.54% | ||
| OM | 6.17% | ||
| PM (TTM) | 3.94% | ||
| GM | 23.53% | ||
| FCFM | 7.67% |
ROA(3y)6.42%
ROA(5y)6.98%
ROE(3y)14.54%
ROE(5y)17.48%
ROIC(3y)8.44%
ROIC(5y)9.16%
ROICexc(3y)8.72%
ROICexc(5y)9.43%
ROICexgc(3y)14.54%
ROICexgc(5y)16.26%
ROCE(3y)11.05%
ROCE(5y)11.99%
ROICexcg growth 3Y-14.41%
ROICexcg growth 5Y-6.83%
ROICexc growth 3Y-15.03%
ROICexc growth 5Y-6.07%
OM growth 3Y-13.19%
OM growth 5Y-7.15%
PM growth 3Y-15.93%
PM growth 5Y-9.15%
GM growth 3Y0.28%
GM growth 5Y0.67%
F-Score5
Asset Turnover1.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 3.19 | ||
| Debt/EBITDA | 2.62 | ||
| Cap/Depr | 35.54% | ||
| Cap/Sales | 1.11% | ||
| Interest Coverage | 7.97 | ||
| Cash Conversion | 94.43% | ||
| Profit Quality | 194.69% | ||
| Current Ratio | 2.81 | ||
| Quick Ratio | 1.34 | ||
| Altman-Z | 3.13 |
F-Score5
WACC9.13%
ROIC/WACC0.74
Cap/Depr(3y)60.47%
Cap/Depr(5y)65.52%
Cap/Sales(3y)1.76%
Cap/Sales(5y)1.9%
Profit Quality(3y)358.47%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)32.91%
EPS 3Y-20.96%
EPS 5Y-0.8%
EPS Q2Q%-0.42%
EPS Next Y13.77%
EPS Next 2Y14.34%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.36%
Revenue growth 3Y-5.78%
Revenue growth 5Y9.55%
Sales Q2Q%5%
Revenue Next Year5.41%
Revenue Next 2Y4.86%
Revenue Next 3Y3.93%
Revenue Next 5YN/A
EBIT growth 1Y21.45%
EBIT growth 3Y-18.21%
EBIT growth 5Y1.72%
EBIT Next Year66.59%
EBIT Next 3Y22.57%
EBIT Next 5YN/A
FCF growth 1Y-31.6%
FCF growth 3YN/A
FCF growth 5Y9.19%
OCF growth 1Y-35.62%
OCF growth 3YN/A
OCF growth 5Y6.54%