LITTELFUSE INC (LFUS) Stock Fundamental Analysis
USA - NASDAQ:LFUS - US5370081045 - Common Stock
271.84 USD
+2.49 (+0.92%)
271.84 USD
0 (0%)
LFUS gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 123 industry peers in the Electronic Equipment, Instruments & Components industry. Both the profitability and the financial health of LFUS get a neutral evaluation. Nothing too spectacular is happening here. 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.
LFUS had a positive operating cash flow in the past year.
LFUS had positive earnings in each of the past 5 years.
In the past 5 years LFUS always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of LFUS (2.64%) is better than 60.16% of its industry peers.
LFUS has a Return On Equity (4.13%) which is comparable to the rest of the industry.
With a decent Return On Invested Capital value of 6.15%, LFUS is doing good in the industry, outperforming 65.04% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for LFUS is in line with the industry average of 9.37%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.64% | ||
| ROE | 4.13% | ||
| ROIC | 6.15% |
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 (4.73%) than 66.67% of its industry peers.
In the last couple of years the Profit Margin of LFUS has declined.
LFUS has a better Operating Margin (13.81%) than 85.37% of its industry peers.
In the last couple of years the Operating Margin of LFUS has declined.
LFUS has a better Gross Margin (36.74%) than 60.98% of its industry peers.
LFUS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.81% | ||
| PM (TTM) | 4.73% | ||
| GM | 36.74% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so LFUS is destroying value.
LFUS has less shares outstanding than it did 1 year ago.
LFUS has more shares outstanding than it did 5 years ago.
The debt/assets ratio for LFUS is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.53 indicates that LFUS is not in any danger for bankruptcy at the moment.
LFUS has a Altman-Z score of 4.53. This is in the better half of the industry: LFUS outperforms 63.41% of its industry peers.
LFUS has a debt to FCF ratio of 2.57. This is a good value and a sign of high solvency as LFUS would need 2.57 years to pay back of all of its debts.
LFUS's Debt to FCF ratio of 2.57 is fine compared to the rest of the industry. LFUS outperforms 71.54% of its industry peers.
LFUS has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
LFUS has a Debt to Equity ratio of 0.31. This is in the lower half of the industry: LFUS underperforms 60.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.57 | ||
| Altman-Z | 4.53 |
ROIC/WACC0.69
WACC8.88%
2.3 Liquidity
LFUS has a Current Ratio of 4.06. This indicates that LFUS is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 4.06, LFUS is in the better half of the industry, outperforming 74.80% of the companies in the same industry.
LFUS has a Quick Ratio of 2.98. This indicates that LFUS is financially healthy and has no problem in meeting its short term obligations.
LFUS's Quick ratio of 2.98 is fine compared to the rest of the industry. LFUS outperforms 74.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.06 | ||
| Quick Ratio | 2.98 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.27% over the past year.
The Earnings Per Share has been growing slightly by 4.45% on average over the past years.
The Revenue has been growing slightly by 1.33% in the past year.
Measured over the past years, LFUS shows a small growth in Revenue. The Revenue has been growing by 7.81% on average per year.
EPS 1Y (TTM)12.27%
EPS 3Y-13.69%
EPS 5Y4.45%
EPS Q2Q%44.67%
Revenue 1Y (TTM)1.33%
Revenue growth 3Y1.75%
Revenue growth 5Y7.81%
Sales Q2Q%9.83%
3.2 Future
Based on estimates for the next years, LFUS will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.81% on average per year.
LFUS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.60% yearly.
EPS Next Y26.05%
EPS Next 2Y23.11%
EPS Next 3Y22.1%
EPS Next 5Y17.81%
Revenue Next Year9.28%
Revenue Next 2Y8.37%
Revenue Next 3Y8.21%
Revenue Next 5Y7.6%
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
The Price/Earnings ratio is 27.77, which means the current valuation is very expensive for LFUS.
Compared to the rest of the industry, the Price/Earnings ratio of LFUS indicates a somewhat cheap valuation: LFUS is cheaper than 67.48% of the companies listed in the same industry.
LFUS's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.08.
With a Price/Forward Earnings ratio of 21.15, LFUS is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LFUS indicates a somewhat cheap valuation: LFUS is cheaper than 72.36% of the companies listed in the same industry.
LFUS is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.09, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.77 | ||
| Fwd PE | 21.15 |
4.2 Price Multiples
LFUS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. LFUS is cheaper than 73.17% of the companies in the same industry.
LFUS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. LFUS is cheaper than 81.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.38 | ||
| EV/EBITDA | 15.28 |
4.3 Compensation for Growth
LFUS's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct 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 22.10% in the coming years.
PEG (NY)1.07
PEG (5Y)6.24
EPS Next 2Y23.11%
EPS Next 3Y22.1%
5. Dividend
5.1 Amount
LFUS has a Yearly Dividend Yield of 1.11%.
Compared to an average industry Dividend Yield of 1.94, LFUS pays a better dividend. On top of this LFUS pays more dividend than 86.99% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.30, LFUS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
5.2 History
The dividend of LFUS is nicely growing with an annual growth rate of 13.74%!
LFUS has been paying a dividend for at least 10 years, so it has a reliable track record.
LFUS has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)13.74%
Div Incr Years14
Div Non Decr Years14
5.3 Sustainability
LFUS pays out 64.76% 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.
DP64.76%
EPS Next 2Y23.11%
EPS Next 3Y22.1%
271.84
+2.49 (+0.92%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners105.88%
Inst Owner Change0.71%
Ins Owners0.88%
Ins Owner Change-1.1%
Market Cap6.74B
Revenue(TTM)2.26B
Net Income(TTM)107.19M
Analysts78
Price Target303.74 (11.73%)
Short Float %2.1%
Short Ratio3.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
Yearly Dividend2.7
Dividend Growth(5Y)13.74%
DP64.76%
Div Incr Years14
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.41%
Min EPS beat(2)18.62%
Max EPS beat(2)20.19%
EPS beat(4)3
Avg EPS beat(4)15.72%
Min EPS beat(4)-2.99%
Max EPS beat(4)27.07%
EPS beat(8)5
Avg EPS beat(8)9.59%
EPS beat(12)8
Avg EPS beat(12)8.63%
EPS beat(16)12
Avg EPS beat(16)11.63%
Revenue beat(2)2
Avg Revenue beat(2)2.48%
Min Revenue beat(2)0.61%
Max Revenue beat(2)4.34%
Revenue beat(4)2
Avg Revenue beat(4)0.92%
Min Revenue beat(4)-1.07%
Max Revenue beat(4)4.34%
Revenue beat(8)5
Avg Revenue beat(8)0.48%
Revenue beat(12)7
Avg Revenue beat(12)0.02%
Revenue beat(16)11
Avg Revenue beat(16)0.82%
PT rev (1m)0%
PT rev (3m)17.8%
EPS NQ rev (1m)0.27%
EPS NQ rev (3m)12.1%
EPS NY rev (1m)0.06%
EPS NY rev (3m)13.22%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)6.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.77 | ||
| Fwd PE | 21.15 | ||
| P/S | 2.97 | ||
| P/FCF | 21.38 | ||
| P/OCF | 17.3 | ||
| P/B | 2.59 | ||
| P/tB | 8.81 | ||
| EV/EBITDA | 15.28 |
EPS(TTM)9.79
EY3.6%
EPS(NY)12.85
Fwd EY4.73%
FCF(TTM)12.71
FCFY4.68%
OCF(TTM)15.71
OCFY5.78%
SpS91.39
BVpS104.86
TBVpS30.86
PEG (NY)1.07
PEG (5Y)6.24
Graham Number151.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.64% | ||
| ROE | 4.13% | ||
| ROCE | 8.48% | ||
| ROIC | 6.15% | ||
| ROICexc | 7.55% | ||
| ROICexgc | 19.42% | ||
| OM | 13.81% | ||
| PM (TTM) | 4.73% | ||
| GM | 36.74% | ||
| FCFM | 13.91% |
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%
ROICexgc growth 3Y-15.53%
ROICexgc 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-Score7
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.57 | ||
| Debt/EBITDA | 1.78 | ||
| Cap/Depr | 56.14% | ||
| Cap/Sales | 3.28% | ||
| Interest Coverage | 9.09 | ||
| Cash Conversion | 87.5% | ||
| Profit Quality | 293.95% | ||
| Current Ratio | 4.06 | ||
| Quick Ratio | 2.98 | ||
| Altman-Z | 4.53 |
F-Score7
WACC8.88%
ROIC/WACC0.69
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)12.27%
EPS 3Y-13.69%
EPS 5Y4.45%
EPS Q2Q%44.67%
EPS Next Y26.05%
EPS Next 2Y23.11%
EPS Next 3Y22.1%
EPS Next 5Y17.81%
Revenue 1Y (TTM)1.33%
Revenue growth 3Y1.75%
Revenue growth 5Y7.81%
Sales Q2Q%9.83%
Revenue Next Year9.28%
Revenue Next 2Y8.37%
Revenue Next 3Y8.21%
Revenue Next 5Y7.6%
EBIT growth 1Y3.64%
EBIT growth 3Y-12.14%
EBIT growth 5Y5.36%
EBIT Next Year93.12%
EBIT Next 3Y37.62%
EBIT Next 5Y24.81%
FCF growth 1Y-0.42%
FCF growth 3Y1.06%
FCF growth 5Y9.73%
OCF growth 1Y-4.12%
OCF growth 3Y-0.51%
OCF growth 5Y8.43%
LITTELFUSE INC / LFUS FAQ
What is the ChartMill fundamental rating of LITTELFUSE INC (LFUS) stock?
ChartMill assigns a fundamental rating of 6 / 10 to LFUS.
What is the valuation status of LITTELFUSE INC (LFUS) stock?
ChartMill assigns a valuation rating of 5 / 10 to LITTELFUSE INC (LFUS). This can be considered as Fairly Valued.
What is the profitability of LFUS stock?
LITTELFUSE INC (LFUS) has a profitability rating of 6 / 10.
What is the earnings growth outlook for LITTELFUSE INC?
The Earnings per Share (EPS) of LITTELFUSE INC (LFUS) is expected to grow by 26.05% in the next year.
How sustainable is the dividend of LITTELFUSE INC (LFUS) stock?
The dividend rating of LITTELFUSE INC (LFUS) is 6 / 10 and the dividend payout ratio is 64.76%.