LITTELFUSE INC (LFUS) Stock Fundamental Analysis
NASDAQ:LFUS - Nasdaq - US5370081045 - Common Stock - Currency: USD
Taking everything into account, LFUS scores 6 out of 10 in our fundamental rating. LFUS was compared to 125 industry peers in the Electronic Equipment, Instruments & Components industry. While LFUS has a great health rating, its profitability is only average at the moment. LFUS has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year LFUS was profitable.
In the past year LFUS had a positive cash flow from operations.
LFUS had positive earnings in each of the past 5 years.
LFUS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 2.45%, LFUS is doing good in the industry, outperforming 62.40% of the companies in the same industry.
With a Return On Equity value of 3.88%, LFUS perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
LFUS has a better Return On Invested Capital (5.94%) than 67.20% of its industry peers.
LFUS had an Average Return On Invested Capital over the past 3 years of 8.41%. This is in line with the industry average of 9.39%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.45% | ||
| ROE | 3.88% | ||
| ROIC | 5.94% |
ROA(3y)6.21%
ROA(5y)6.47%
ROE(3y)10.5%
ROE(5y)10.91%
ROIC(3y)8.41%
ROIC(5y)8.36%
1.3 Margins
LFUS has a better Profit Margin (4.31%) than 72.00% of its industry peers.
In the last couple of years the Profit Margin of LFUS has declined.
LFUS's Operating Margin of 13.04% is amongst the best of the industry. LFUS outperforms 87.20% of its industry peers.
In the last couple of years the Operating Margin of LFUS has declined.
With a decent Gross Margin value of 36.52%, LFUS is doing good in the industry, outperforming 63.20% of the companies in the same industry.
LFUS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.04% | ||
| PM (TTM) | 4.31% | ||
| GM | 36.52% |
OM growth 3Y-13.65%
OM growth 5Y-2.27%
PM growth 3Y-30.54%
PM growth 5Y-13.14%
GM growth 3Y-1.06%
GM growth 5Y-0.21%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), LFUS is creating some value.
Compared to 1 year ago, LFUS has less shares outstanding
The number of shares outstanding for LFUS has been increased compared to 5 years ago.
Compared to 1 year ago, LFUS has a worse debt to assets ratio.
2.2 Solvency
LFUS has an Altman-Z score of 4.08. This indicates that LFUS is financially healthy and has little risk of bankruptcy at the moment.
LFUS has a better Altman-Z score (4.08) than 68.00% of its industry peers.
LFUS has a debt to FCF ratio of 2.75. This is a good value and a sign of high solvency as LFUS would need 2.75 years to pay back of all of its debts.
LFUS has a Debt to FCF ratio of 2.75. This is in the better half of the industry: LFUS outperforms 73.60% of its industry peers.
LFUS has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of LFUS (0.32) is worse than 62.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 2.75 | ||
| Altman-Z | 4.08 |
ROIC/WACC0.72
WACC8.24%
2.3 Liquidity
A Current Ratio of 3.88 indicates that LFUS has no problem at all paying its short term obligations.
LFUS has a Current ratio of 3.88. This is in the better half of the industry: LFUS outperforms 74.40% of its industry peers.
A Quick Ratio of 2.75 indicates that LFUS has no problem at all paying its short term obligations.
The Quick ratio of LFUS (2.75) is better than 71.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.88 | ||
| Quick Ratio | 2.75 |
3. Growth
3.1 Past
LFUS shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.73%.
Measured over the past 5 years, LFUS shows a small growth in Earnings Per Share. The EPS has been growing by 4.45% on average per year.
The Revenue has decreased by -3.43% in the past year.
LFUS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.81% yearly.
EPS 1Y (TTM)-9.73%
EPS 3Y-13.69%
EPS 5Y4.45%
EPS Q2Q%24.43%
Revenue 1Y (TTM)-3.43%
Revenue growth 3Y1.75%
Revenue growth 5Y7.81%
Sales Q2Q%3.53%
3.2 Future
LFUS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.75% yearly.
Based on estimates for the next years, LFUS will show a small growth in Revenue. The Revenue will grow by 6.74% on average per year.
EPS Next Y12.02%
EPS Next 2Y18.38%
EPS Next 3Y20.55%
EPS Next 5Y16.75%
Revenue Next Year4.3%
Revenue Next 2Y5.98%
Revenue Next 3Y6.71%
Revenue Next 5Y6.74%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 24.60 indicates a rather expensive valuation of LFUS.
Based on the Price/Earnings ratio, LFUS is valued a bit cheaper than the industry average as 65.60% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of LFUS to the average of the S&P500 Index (26.35), we can say LFUS is valued inline with the index average.
LFUS is valuated rather expensively with a Price/Forward Earnings ratio of 18.44.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LFUS indicates a somewhat cheap valuation: LFUS is cheaper than 68.00% of the companies listed in the same industry.
LFUS's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.6 | ||
| Fwd PE | 18.44 |
4.2 Price Multiples
71.20% of the companies in the same industry are more expensive than LFUS, based on the Enterprise Value to EBITDA ratio.
81.60% of the companies in the same industry are more expensive than LFUS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.5 | ||
| EV/EBITDA | 13.38 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of LFUS may justify a higher PE ratio.
A more expensive valuation may be justified as LFUS's earnings are expected to grow with 20.55% in the coming years.
PEG (NY)2.05
PEG (5Y)5.52
EPS Next 2Y18.38%
EPS Next 3Y20.55%
5. Dividend
5.1 Amount
LFUS has a Yearly Dividend Yield of 1.24%.
LFUS's Dividend Yield is rather good when compared to the industry average which is at 2.04. LFUS pays more dividend than 88.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, LFUS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
5.2 History
On average, the dividend of LFUS grows each year by 13.74%, which is quite nice.
LFUS has been paying a dividend for at least 10 years, so it has a reliable track record.
LFUS has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)13.74%
Div Incr Years14
Div Non Decr Years14
5.3 Sustainability
LFUS pays out 71.55% of its income as dividend. This is not a sustainable payout ratio.
LFUS's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP71.55%
EPS Next 2Y18.38%
EPS Next 3Y20.55%
219.17
-0.16 (-0.07%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners106.54%
Inst Owner Change3.57%
Ins Owners0.86%
Ins Owner Change11.54%
Market Cap5.42B
Analysts78.33
Price Target259.51 (18.41%)
Short Float %2.66%
Short Ratio2.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
Yearly Dividend2.7
Dividend Growth(5Y)13.74%
DP71.55%
Div Incr Years14
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.82%
Min EPS beat(2)-2.99%
Max EPS beat(2)18.62%
EPS beat(4)3
Avg EPS beat(4)13.19%
Min EPS beat(4)-2.99%
Max EPS beat(4)27.07%
EPS beat(8)4
Avg EPS beat(8)5.97%
EPS beat(12)8
Avg EPS beat(12)7.22%
EPS beat(16)12
Avg EPS beat(16)13.44%
Revenue beat(2)1
Avg Revenue beat(2)-0.23%
Min Revenue beat(2)-1.07%
Max Revenue beat(2)0.61%
Revenue beat(4)2
Avg Revenue beat(4)0.17%
Min Revenue beat(4)-1.07%
Max Revenue beat(4)1.34%
Revenue beat(8)4
Avg Revenue beat(8)-0.54%
Revenue beat(12)7
Avg Revenue beat(12)-0.28%
Revenue beat(16)11
Avg Revenue beat(16)1.1%
PT rev (1m)1.35%
PT rev (3m)-12.03%
EPS NQ rev (1m)1.53%
EPS NQ rev (3m)0.12%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.47%
Revenue NQ rev (1m)0.28%
Revenue NQ rev (3m)0.32%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.6 | ||
| Fwd PE | 18.44 | ||
| P/S | 2.45 | ||
| P/FCF | 18.5 | ||
| P/OCF | 14.4 | ||
| P/B | 2.21 | ||
| P/tB | 7.9 | ||
| EV/EBITDA | 13.38 |
EPS(TTM)8.91
EY4.07%
EPS(NY)11.88
Fwd EY5.42%
FCF(TTM)11.84
FCFY5.4%
OCF(TTM)15.22
OCFY6.94%
SpS89.39
BVpS99.37
TBVpS27.74
PEG (NY)2.05
PEG (5Y)5.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.45% | ||
| ROE | 3.88% | ||
| ROCE | 8.19% | ||
| ROIC | 5.94% | ||
| ROICexc | 7.2% | ||
| ROICexgc | 18.51% | ||
| OM | 13.04% | ||
| PM (TTM) | 4.31% | ||
| GM | 36.52% | ||
| FCFM | 13.25% |
ROA(3y)6.21%
ROA(5y)6.47%
ROE(3y)10.5%
ROE(5y)10.91%
ROIC(3y)8.41%
ROIC(5y)8.36%
ROICexc(3y)10.18%
ROICexc(5y)10.33%
ROICexgc(3y)27.42%
ROICexgc(5y)27.03%
ROCE(3y)11.6%
ROCE(5y)11.53%
ROICexcg growth 3Y-15.53%
ROICexcg growth 5Y-3.65%
ROICexc growth 3Y-17.78%
ROICexc growth 5Y-3.04%
OM growth 3Y-13.65%
OM growth 5Y-2.27%
PM growth 3Y-30.54%
PM growth 5Y-13.14%
GM growth 3Y-1.06%
GM growth 5Y-0.21%
F-Score6
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 2.75 | ||
| Debt/EBITDA | 1.88 | ||
| Cap/Depr | 63.83% | ||
| Cap/Sales | 3.78% | ||
| Interest Coverage | 8.2 | ||
| Cash Conversion | 89.81% | ||
| Profit Quality | 307.21% | ||
| Current Ratio | 3.88 | ||
| Quick Ratio | 2.75 | ||
| Altman-Z | 4.08 |
F-Score6
WACC8.24%
ROIC/WACC0.72
Cap/Depr(3y)69.1%
Cap/Depr(5y)71.53%
Cap/Sales(3y)3.75%
Cap/Sales(5y)3.9%
Profit Quality(3y)172.91%
Profit Quality(5y)154.72%
High Growth Momentum
Growth
EPS 1Y (TTM)-9.73%
EPS 3Y-13.69%
EPS 5Y4.45%
EPS Q2Q%24.43%
EPS Next Y12.02%
EPS Next 2Y18.38%
EPS Next 3Y20.55%
EPS Next 5Y16.75%
Revenue 1Y (TTM)-3.43%
Revenue growth 3Y1.75%
Revenue growth 5Y7.81%
Sales Q2Q%3.53%
Revenue Next Year4.3%
Revenue Next 2Y5.98%
Revenue Next 3Y6.71%
Revenue Next 5Y6.74%
EBIT growth 1Y-13.68%
EBIT growth 3Y-12.14%
EBIT growth 5Y5.36%
EBIT Next Year78.2%
EBIT Next 3Y33.59%
EBIT Next 5Y22.62%
FCF growth 1Y-8.84%
FCF growth 3Y1.06%
FCF growth 5Y9.73%
OCF growth 1Y-10.72%
OCF growth 3Y-0.51%
OCF growth 5Y8.43%