LATTICE SEMICONDUCTOR CORP (LSCC) Stock Fundamental Analysis
NASDAQ:LSCC - US5184151042 - Common Stock
65.73 USD
+1.01 (+1.56%)
65.73 USD
0 (0%)
LSCC gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 110 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the health and profitability get an excellent rating, making LSCC a very profitable company, without any liquidiy or solvency issues. While showing a medium growth rate, LSCC is valued expensive at the moment. With these ratings, LSCC could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
In the past year LSCC was profitable.
In the past year LSCC had a positive cash flow from operations.
Each year in the past 5 years LSCC has been profitable.
In the past 5 years LSCC always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 3.91%, LSCC is doing good in the industry, outperforming 62.73% of the companies in the same industry.
LSCC has a Return On Equity (4.61%) which is in line with its industry peers.
LSCC has a Return On Invested Capital (3.38%) which is comparable to the rest of the industry.
LSCC had an Average Return On Invested Capital over the past 3 years of 17.21%. This is significantly above the industry average of 10.98%.
The last Return On Invested Capital (3.38%) for LSCC is well below the 3 year average (17.21%), which needs to be investigated, but indicates that LSCC had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.91% | ||
| ROE | 4.61% | ||
| ROIC | 3.38% |
ROA(3y)20.15%
ROA(5y)16.12%
ROE(3y)27.58%
ROE(5y)23.68%
ROIC(3y)17.21%
ROIC(5y)14.43%
1.3 Margins
With a Profit Margin value of 6.48%, LSCC perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
In the last couple of years the Profit Margin of LSCC has grown nicely.
LSCC has a Operating Margin (6.32%) which is comparable to the rest of the industry.
LSCC's Operating Margin has declined in the last couple of years.
LSCC's Gross Margin of 66.70% is amongst the best of the industry. LSCC outperforms 90.00% of its industry peers.
In the last couple of years the Gross Margin of LSCC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.32% | ||
| PM (TTM) | 6.48% | ||
| GM | 66.7% |
OM growth 3Y-15.82%
OM growth 5Y-5.45%
PM growth 3Y-13.61%
PM growth 5Y2.2%
GM growth 3Y2.29%
GM growth 5Y2.52%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), LSCC is creating some value.
Compared to 1 year ago, LSCC has more shares outstanding
Compared to 5 years ago, LSCC has more shares outstanding
There is no outstanding debt for LSCC. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
LSCC has an Altman-Z score of 45.21. This indicates that LSCC is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 45.21, LSCC belongs to the top of the industry, outperforming 96.36% of the companies in the same industry.
There is no outstanding debt for LSCC. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 45.21 |
ROIC/WACC0.29
WACC11.7%
2.3 Liquidity
A Current Ratio of 3.71 indicates that LSCC has no problem at all paying its short term obligations.
With a decent Current ratio value of 3.71, LSCC is doing good in the industry, outperforming 61.82% of the companies in the same industry.
LSCC has a Quick Ratio of 2.63. This indicates that LSCC is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.63, LSCC is in line with its industry, outperforming 57.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.71 | ||
| Quick Ratio | 2.63 |
3. Growth
3.1 Past
LSCC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -40.67%.
LSCC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.63% yearly.
LSCC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -22.15%.
The Revenue has been growing slightly by 4.74% on average over the past years.
EPS 1Y (TTM)-40.67%
EPS 3Y-3.89%
EPS 5Y9.63%
EPS Q2Q%4.35%
Revenue 1Y (TTM)-22.15%
Revenue growth 3Y-0.38%
Revenue growth 5Y4.74%
Sales Q2Q%-0.08%
3.2 Future
The Earnings Per Share is expected to grow by 24.48% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 11.62% on average over the next years. This is quite good.
EPS Next Y13.07%
EPS Next 2Y25.07%
EPS Next 3Y24.48%
EPS Next 5YN/A
Revenue Next Year1.94%
Revenue Next 2Y10.35%
Revenue Next 3Y11.62%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 73.85, which means the current valuation is very expensive for LSCC.
Compared to the rest of the industry, the Price/Earnings ratio of LSCC is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 27.03. LSCC is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 44.23, which means the current valuation is very expensive for LSCC.
LSCC's Price/Forward Earnings is on the same level as the industry average.
LSCC's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 22.63.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 73.85 | ||
| Fwd PE | 44.23 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LSCC is on the same level as its industry peers.
LSCC's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 67.35 | ||
| EV/EBITDA | 114.69 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates LSCC does not grow enough to justify the current Price/Earnings ratio.
LSCC has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as LSCC's earnings are expected to grow with 24.48% in the coming years.
PEG (NY)5.65
PEG (5Y)7.67
EPS Next 2Y25.07%
EPS Next 3Y24.48%
5. Dividend
5.1 Amount
LSCC does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
65.73
+1.01 (+1.56%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners118.85%
Inst Owner Change-7.15%
Ins Owners0.61%
Ins Owner Change2.47%
Market Cap9.00B
Analysts80
Price Target64.11 (-2.46%)
Short Float %8.42%
Short Ratio4.59
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.99%
Min EPS beat(2)-2.2%
Max EPS beat(2)-1.77%
EPS beat(4)0
Avg EPS beat(4)-1.42%
Min EPS beat(4)-2.2%
Max EPS beat(4)-0.19%
EPS beat(8)1
Avg EPS beat(8)-1.49%
EPS beat(12)4
Avg EPS beat(12)-0.34%
EPS beat(16)8
Avg EPS beat(16)2.13%
Revenue beat(2)0
Avg Revenue beat(2)-1.82%
Min Revenue beat(2)-1.94%
Max Revenue beat(2)-1.7%
Revenue beat(4)0
Avg Revenue beat(4)-1.82%
Min Revenue beat(4)-1.96%
Max Revenue beat(4)-1.68%
Revenue beat(8)0
Avg Revenue beat(8)-2.79%
Revenue beat(12)2
Avg Revenue beat(12)-1.89%
Revenue beat(16)6
Avg Revenue beat(16)-1.07%
PT rev (1m)-0.34%
PT rev (3m)-2.04%
EPS NQ rev (1m)1.94%
EPS NQ rev (3m)-2.02%
EPS NY rev (1m)0.29%
EPS NY rev (3m)0.29%
Revenue NQ rev (1m)0.88%
Revenue NQ rev (3m)-0.51%
Revenue NY rev (1m)0.5%
Revenue NY rev (3m)0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 73.85 | ||
| Fwd PE | 44.23 | ||
| P/S | 18.42 | ||
| P/FCF | 67.35 | ||
| P/OCF | 56.29 | ||
| P/B | 13.1 | ||
| P/tB | 24.54 | ||
| EV/EBITDA | 114.69 |
EPS(TTM)0.89
EY1.35%
EPS(NY)1.49
Fwd EY2.26%
FCF(TTM)0.98
FCFY1.48%
OCF(TTM)1.17
OCFY1.78%
SpS3.57
BVpS5.02
TBVpS2.68
PEG (NY)5.65
PEG (5Y)7.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.91% | ||
| ROE | 4.61% | ||
| ROCE | 4.28% | ||
| ROIC | 3.38% | ||
| ROICexc | 3.97% | ||
| ROICexgc | 8.29% | ||
| OM | 6.32% | ||
| PM (TTM) | 6.48% | ||
| GM | 66.7% | ||
| FCFM | 27.34% |
ROA(3y)20.15%
ROA(5y)16.12%
ROE(3y)27.58%
ROE(5y)23.68%
ROIC(3y)17.21%
ROIC(5y)14.43%
ROICexc(3y)21.34%
ROICexc(5y)18.26%
ROICexgc(3y)52.88%
ROICexgc(5y)49.22%
ROCE(3y)21.78%
ROCE(5y)18.26%
ROICexcg growth 3Y-33.52%
ROICexcg growth 5Y-16.93%
ROICexc growth 3Y-22.03%
ROICexc growth 5Y-9.19%
OM growth 3Y-15.82%
OM growth 5Y-5.45%
PM growth 3Y-13.61%
PM growth 5Y2.2%
GM growth 3Y2.29%
GM growth 5Y2.52%
F-Score5
Asset Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 57.76% | ||
| Cap/Sales | 5.37% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 209.47% | ||
| Profit Quality | 422.29% | ||
| Current Ratio | 3.71 | ||
| Quick Ratio | 2.63 | ||
| Altman-Z | 45.21 |
F-Score5
WACC11.7%
ROIC/WACC0.29
Cap/Depr(3y)57.89%
Cap/Depr(5y)52.41%
Cap/Sales(3y)3.46%
Cap/Sales(5y)3.05%
Profit Quality(3y)137.63%
Profit Quality(5y)149.09%
High Growth Momentum
Growth
EPS 1Y (TTM)-40.67%
EPS 3Y-3.89%
EPS 5Y9.63%
EPS Q2Q%4.35%
EPS Next Y13.07%
EPS Next 2Y25.07%
EPS Next 3Y24.48%
EPS Next 5YN/A
Revenue 1Y (TTM)-22.15%
Revenue growth 3Y-0.38%
Revenue growth 5Y4.74%
Sales Q2Q%-0.08%
Revenue Next Year1.94%
Revenue Next 2Y10.35%
Revenue Next 3Y11.62%
Revenue Next 5YN/A
EBIT growth 1Y-78.78%
EBIT growth 3Y-16.14%
EBIT growth 5Y-0.97%
EBIT Next Year39.84%
EBIT Next 3Y31.89%
EBIT Next 5YN/A
FCF growth 1Y-43.17%
FCF growth 3Y-8.77%
FCF growth 5Y2.02%
OCF growth 1Y-38.85%
OCF growth 3Y-5.64%
OCF growth 5Y2.57%