LANDSEA HOMES CORP (LSEA) Stock Fundamental Analysis
NASDAQ:LSEA - Nasdaq - US51509P1030 - Common Stock - Currency: USD
We assign a fundamental rating of 3 out of 10 to LSEA. LSEA was compared to 64 industry peers in the Household Durables industry. LSEA may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, LSEA is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year LSEA was profitable.
In the past year LSEA had a positive cash flow from operations.
LSEA had positive earnings in 4 of the past 5 years.
LSEA had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
LSEA's Return On Assets of 0.58% is on the low side compared to the rest of the industry. LSEA is outperformed by 60.94% of its industry peers.
LSEA's Return On Equity of 1.48% is on the low side compared to the rest of the industry. LSEA is outperformed by 60.94% of its industry peers.
LSEA has a Return On Invested Capital of 0.89%. This is in the lower half of the industry: LSEA underperforms 67.19% of its industry peers.
The Average Return On Invested Capital over the past 3 years for LSEA is significantly below the industry average of 11.72%.
| 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
With a Profit Margin value of 0.62%, LSEA is not doing good in the industry: 60.94% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of LSEA has declined.
Looking at the Operating Margin, with a value of 1.11%, LSEA is doing worse than 65.63% of the companies in the same industry.
In the last couple of years the Operating Margin of LSEA has declined.
Looking at the Gross Margin, with a value of 14.29%, LSEA is doing worse than 95.31% of the companies in the same industry.
In the last couple of years the Gross Margin of LSEA has declined.
| 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.
Compared to 1 year ago, LSEA has less shares outstanding
LSEA has more shares outstanding than it did 5 years ago.
The debt/assets ratio for LSEA is higher compared to a year ago.
2.2 Solvency
LSEA has an Altman-Z score of 2.14. This is not the best score and indicates that LSEA is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of LSEA (2.14) is worse than 64.06% of its industry peers.
LSEA has a debt to FCF ratio of 15.51. This is a negative value and a sign of low solvency as LSEA would need 15.51 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 15.51, LSEA is in line with its industry, outperforming 43.75% of the companies in the same industry.
A Debt/Equity ratio of 1.10 is on the high side and indicates that LSEA has dependencies on debt financing.
With a Debt to Equity ratio value of 1.10, LSEA is not doing good in the industry: 78.13% 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/WACC0.11
WACC7.81%
2.3 Liquidity
A Current Ratio of 4.80 indicates that LSEA has no problem at all paying its short term obligations.
LSEA's Current ratio of 4.80 is fine compared to the rest of the industry. LSEA outperforms 73.44% of its industry peers.
A Quick Ratio of 0.14 indicates that LSEA may have some problems paying its short term obligations.
The Quick ratio of LSEA (0.14) is worse than 96.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.8 | ||
| Quick Ratio | 0.14 |
3. Growth
3.1 Past
The earnings per share for LSEA have decreased strongly by -61.76% in the last year.
LSEA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 63.78% yearly.
The Revenue has grown by 24.16% in the past year. This is a very strong growth!
Measured over the past years, LSEA shows a quite strong growth in Revenue. The Revenue has been growing by 14.85% on average per year.
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 grow by 9.38% on average over the next years. This is quite good.
Based on estimates for the next years, LSEA will show a decrease in Revenue. The Revenue will decrease by -1.03% on average per year.
EPS Next Y-23.72%
EPS Next 2Y9.38%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-5.88%
Revenue Next 2Y-1.03%
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
LSEA is valuated quite expensively with a Price/Earnings ratio of 43.35.
70.31% of the companies in the same industry are cheaper than LSEA, based on the Price/Earnings ratio.
LSEA's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.19.
A Price/Forward Earnings ratio of 20.04 indicates a rather expensive valuation of LSEA.
LSEA's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. LSEA is more expensive than 68.75% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of LSEA to the average of the S&P500 Index (22.13), we can say LSEA is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.35 | ||
| Fwd PE | 20.04 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LSEA is valued a bit more expensive than the industry average as 76.56% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, LSEA is valued cheaper than 81.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.75 | ||
| EV/EBITDA | 43.07 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.68
EPS Next 2Y9.38%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for LSEA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
11.27
0 (0%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners63.41%
Inst Owner Change-1.06%
Ins Owners13.43%
Ins Owner Change-16.38%
Market Cap410.34M
Analysts82
Price Target10.88 (-3.46%)
Short Float %5.33%
Short Ratio3.56
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)-3.03%
PT rev (3m)-26.44%
EPS NQ rev (1m)-72.55%
EPS NQ rev (3m)-89.54%
EPS NY rev (1m)-5.38%
EPS NY rev (3m)-70.51%
Revenue NQ rev (1m)-9.64%
Revenue NQ rev (3m)-10.87%
Revenue NY rev (1m)-0.78%
Revenue NY rev (3m)-7.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.35 | ||
| Fwd PE | 20.04 | ||
| P/S | 0.26 | ||
| P/FCF | 8.75 | ||
| P/OCF | 7.78 | ||
| P/B | 0.62 | ||
| P/tB | 0.81 | ||
| EV/EBITDA | 43.07 |
EPS(TTM)0.26
EY2.31%
EPS(NY)0.56
Fwd EY4.99%
FCF(TTM)1.29
FCFY11.43%
OCF(TTM)1.45
OCFY12.86%
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
WACC7.81%
ROIC/WACC0.11
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-23.72%
EPS Next 2Y9.38%
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-5.88%
Revenue Next 2Y-1.03%
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