LANDSEA HOMES CORP (LSEA) Stock Fundamental Analysis
NASDAQ:LSEA - Nasdaq - US51509P1030 - Common Stock - Currency: USD
Taking everything into account, LSEA scores 3 out of 10 in our fundamental rating. LSEA was compared to 63 industry peers in the Household Durables industry. LSEA may be in some trouble as it scores bad on both profitability and health. LSEA is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
LSEA had positive earnings in the past year.
LSEA had a positive operating cash flow in the past year.
Of the past 5 years LSEA 4 years were profitable.
Of the past 5 years LSEA 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.58%, LSEA is not doing good in the industry: 60.94% of the companies in the same industry are doing better.
With a Return On Equity value of 1.48%, LSEA is not doing good in the industry: 60.94% of the companies in the same industry are doing better.
LSEA has a worse Return On Invested Capital (0.89%) than 68.75% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for LSEA is significantly below the industry average of 10.29%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.58% | ||
| ROE | 1.48% | ||
| ROIC | 0.89% |
ROA(3y)2.66%
ROA(5y)-4.25%
ROE(3y)6%
ROE(5y)-8.19%
ROIC(3y)3.35%
ROIC(5y)N/A
1.3 Margins
LSEA's Profit Margin of 0.62% is on the low side compared to the rest of the industry. LSEA is outperformed by 60.94% of its industry peers.
In the last couple of years the Profit Margin of LSEA has declined.
LSEA has a worse Operating Margin (1.11%) than 65.63% of its industry peers.
LSEA's Operating Margin has declined in the last couple of years.
LSEA has a worse Gross Margin (14.29%) than 93.75% of its industry peers.
LSEA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.11% | ||
| PM (TTM) | 0.62% | ||
| GM | 14.29% |
OM growth 3Y-32.72%
OM growth 5YN/A
PM growth 3Y-39.59%
PM growth 5YN/A
GM growth 3Y-6.27%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so LSEA is destroying value.
LSEA has less shares outstanding than it did 1 year ago.
LSEA has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, LSEA has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.14 indicates that LSEA is not a great score, but indicates only limited risk for bankruptcy at the moment.
LSEA has a worse Altman-Z score (2.14) than 62.50% of its industry peers.
The Debt to FCF ratio of LSEA is 15.51, which is on the high side as it means it would take LSEA, 15.51 years of fcf income to pay off all of its debts.
LSEA has a Debt to FCF ratio (15.51) which is comparable to the rest of the industry.
LSEA has a Debt/Equity ratio of 1.10. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.10, LSEA is not doing good in the industry: 76.56% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | 15.51 | ||
| Altman-Z | 2.14 |
ROIC/WACC0.12
WACC7.51%
2.3 Liquidity
A Current Ratio of 4.80 indicates that LSEA has no problem at all paying its short term obligations.
With a decent Current ratio value of 4.80, LSEA is doing good in the industry, outperforming 73.44% of the companies in the same industry.
LSEA has a Quick Ratio of 4.80. This is a bad value and indicates that LSEA is not financially healthy enough and could expect problems in meeting its short term obligations.
LSEA has a Quick ratio of 0.14. This is amonst the worse of the industry: LSEA underperforms 93.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.8 | ||
| Quick Ratio | 0.14 |
3. Growth
3.1 Past
LSEA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -61.76%.
LSEA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 63.78% yearly.
Looking at the last year, LSEA shows a very strong growth in Revenue. The Revenue has grown by 24.16%.
The Revenue has been growing by 14.85% on average over the past years. This is quite good.
EPS 1Y (TTM)-61.76%
EPS 3Y-30.16%
EPS 5Y63.78%
EPS Q2Q%-2100%
Revenue 1Y (TTM)24.16%
Revenue growth 3Y14.85%
Revenue growth 5YN/A
Sales Q2Q%5.7%
3.2 Future
The Earnings Per Share is expected to decrease by -60.38% on average over the next years. This is quite bad
The Revenue is expected to decrease by -2.41% on average over the next years.
EPS Next Y-146.3%
EPS Next 2Y-60.38%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-7.42%
Revenue Next 2Y-2.41%
Revenue Next 3YN/A
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 decreasing.
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 43.50, the valuation of LSEA can be described as expensive.
70.31% of the companies in the same industry are cheaper than LSEA, based on the Price/Earnings ratio.
LSEA is valuated expensively when we compare the Price/Earnings ratio to 27.50, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 153.30, the valuation of LSEA can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LSEA indicates a slightly more expensive valuation: LSEA is more expensive than 71.88% of the companies listed in the same industry.
LSEA's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 36.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.5 | ||
| Fwd PE | 153.3 |
4.2 Price Multiples
73.44% of the companies in the same industry are cheaper than LSEA, based on the Enterprise Value to EBITDA ratio.
LSEA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. LSEA is cheaper than 84.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.78 | ||
| EV/EBITDA | 43.13 |
4.3 Compensation for Growth
A cheap valuation may be justified as LSEA's earnings are expected to decrease with -60.38% in the coming years.
PEG (NY)N/A
PEG (5Y)0.68
EPS Next 2Y-60.38%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for LSEA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
11.31
0 (0%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners60.71%
Inst Owner Change0%
Ins Owners14.2%
Ins Owner Change-11.31%
Market Cap411.80M
Analysts48.89
Price Target11.37 (0.53%)
Short Float %N/A
Short RatioN/A
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)-100.66%
Min EPS beat(2)-122.18%
Max EPS beat(2)-79.14%
EPS beat(4)1
Avg EPS beat(4)18.92%
Min EPS beat(4)-122.18%
Max EPS beat(4)297.46%
EPS beat(8)4
Avg EPS beat(8)16.67%
EPS beat(12)6
Avg EPS beat(12)12.26%
EPS beat(16)9
Avg EPS beat(16)35.14%
Revenue beat(2)0
Avg Revenue beat(2)-5.4%
Min Revenue beat(2)-8.47%
Max Revenue beat(2)-2.33%
Revenue beat(4)1
Avg Revenue beat(4)2.55%
Min Revenue beat(4)-8.47%
Max Revenue beat(4)24.84%
Revenue beat(8)5
Avg Revenue beat(8)7.09%
Revenue beat(12)7
Avg Revenue beat(12)5.14%
Revenue beat(16)9
Avg Revenue beat(16)6.09%
PT rev (1m)4.53%
PT rev (3m)1.36%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-217.77%
EPS NY rev (1m)-160.69%
EPS NY rev (3m)-141.2%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-11.43%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-7.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.5 | ||
| Fwd PE | 153.3 | ||
| P/S | 0.26 | ||
| P/FCF | 8.78 | ||
| P/OCF | 7.8 | ||
| P/B | 0.62 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 43.13 |
EPS(TTM)0.26
EY2.3%
EPS(NY)0.07
Fwd EY0.65%
FCF(TTM)1.29
FCFY11.39%
OCF(TTM)1.45
OCFY12.81%
SpS43.04
BVpS18.13
TBVpS13.86
PEG (NY)N/A
PEG (5Y)0.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.58% | ||
| ROE | 1.48% | ||
| ROCE | 1.24% | ||
| ROIC | 0.89% | ||
| ROICexc | 0.91% | ||
| ROICexgc | 1.14% | ||
| OM | 1.11% | ||
| PM (TTM) | 0.62% | ||
| GM | 14.29% | ||
| FCFM | 2.99% |
ROA(3y)2.66%
ROA(5y)-4.25%
ROE(3y)6%
ROE(5y)-8.19%
ROIC(3y)3.35%
ROIC(5y)N/A
ROICexc(3y)3.7%
ROICexc(5y)N/A
ROICexgc(3y)4.26%
ROICexgc(5y)N/A
ROCE(3y)4.7%
ROCE(5y)N/A
ROICexcg growth 3Y-34.43%
ROICexcg growth 5YN/A
ROICexc growth 3Y-36.82%
ROICexc growth 5YN/A
OM growth 3Y-32.72%
OM growth 5YN/A
PM growth 3Y-39.59%
PM growth 5YN/A
GM growth 3Y-6.27%
GM growth 5YN/A
F-Score5
Asset Turnover0.93
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | 15.51 | ||
| Debt/EBITDA | 28.46 | ||
| Cap/Depr | 71.3% | ||
| Cap/Sales | 0.37% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 206.38% | ||
| Profit Quality | 479.4% | ||
| Current Ratio | 4.8 | ||
| Quick Ratio | 0.14 | ||
| Altman-Z | 2.14 |
F-Score5
WACC7.51%
ROIC/WACC0.12
Cap/Depr(3y)108.2%
Cap/Depr(5y)N/A
Cap/Sales(3y)0.46%
Cap/Sales(5y)N/A
Profit Quality(3y)73.27%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-61.76%
EPS 3Y-30.16%
EPS 5Y63.78%
EPS Q2Q%-2100%
EPS Next Y-146.3%
EPS Next 2Y-60.38%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)24.16%
Revenue growth 3Y14.85%
Revenue growth 5YN/A
Sales Q2Q%5.7%
Revenue Next Year-7.42%
Revenue Next 2Y-2.41%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-49.43%
EBIT growth 3Y-22.72%
EBIT growth 5YN/A
EBIT Next Year49.97%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-2.48%
FCF growth 3Y-7.73%
FCF growth 5YN/A
OCF growth 1Y-1.6%
OCF growth 3Y-3.94%
OCF growth 5YN/A