LSI INDUSTRIES INC (LYTS) Stock Fundamental Analysis
NASDAQ:LYTS - Nasdaq - US50216C1080 - Common Stock - Currency: USD
Taking everything into account, LYTS scores 7 out of 10 in our fundamental rating. LYTS was compared to 97 industry peers in the Electrical Equipment industry. LYTS gets an excellent profitability rating and is at the same time showing great financial health properties. LYTS is valued quite cheap, while showing a decent growth score. This is a good combination! This makes LYTS very considerable for value and quality investing!
1. Profitability
1.1 Basic Checks
In the past year LYTS was profitable.
In the past year LYTS had a positive cash flow from operations.
In the past 5 years LYTS has always been profitable.
Of the past 5 years LYTS 4 years had a positive operating cash flow.
1.2 Ratios
LYTS's Return On Assets of 6.78% is amongst the best of the industry. LYTS outperforms 87.63% of its industry peers.
LYTS's Return On Equity of 10.76% is amongst the best of the industry. LYTS outperforms 84.54% of its industry peers.
LYTS has a Return On Invested Capital of 9.89%. This is amongst the best in the industry. LYTS outperforms 87.63% of its industry peers.
The Average Return On Invested Capital over the past 3 years for LYTS is in line with the industry average of 9.58%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.78% | ||
| ROE | 10.76% | ||
| ROIC | 9.89% |
ROA(3y)6.9%
ROA(5y)5.66%
ROE(3y)12.3%
ROE(5y)9.81%
ROIC(3y)10.1%
ROIC(5y)7.28%
1.3 Margins
The Profit Margin of LYTS (4.47%) is better than 80.41% of its industry peers.
LYTS's Profit Margin has improved in the last couple of years.
LYTS has a Operating Margin of 6.59%. This is in the better half of the industry: LYTS outperforms 76.29% of its industry peers.
LYTS's Operating Margin has improved in the last couple of years.
LYTS has a Gross Margin of 25.56%. This is comparable to the rest of the industry: LYTS outperforms 57.73% of its industry peers.
In the last couple of years the Gross Margin of LYTS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.59% | ||
| PM (TTM) | 4.47% | ||
| GM | 25.56% |
OM growth 3Y44.69%
OM growth 5Y55.25%
PM growth 3Y41.69%
PM growth 5YN/A
GM growth 3Y4.38%
GM growth 5Y4.48%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), LYTS is creating some value.
LYTS has more shares outstanding than it did 1 year ago.
The number of shares outstanding for LYTS has been increased compared to 5 years ago.
Compared to 1 year ago, LYTS has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.47 indicates that LYTS is not in any danger for bankruptcy at the moment.
LYTS has a Altman-Z score of 4.47. This is amongst the best in the industry. LYTS outperforms 83.51% of its industry peers.
LYTS has a debt to FCF ratio of 0.94. This is a very positive value and a sign of high solvency as it would only need 0.94 years to pay back of all of its debts.
The Debt to FCF ratio of LYTS (0.94) is better than 92.78% of its industry peers.
LYTS has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
LYTS has a Debt to Equity ratio of 0.16. This is in the better half of the industry: LYTS outperforms 61.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.94 | ||
| Altman-Z | 4.47 |
ROIC/WACC1.18
WACC8.39%
2.3 Liquidity
LYTS has a Current Ratio of 2.08. This indicates that LYTS is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.08, LYTS is in the better half of the industry, outperforming 61.86% of the companies in the same industry.
LYTS has a Quick Ratio of 1.20. This is a normal value and indicates that LYTS is financially healthy and should not expect problems in meeting its short term obligations.
LYTS has a Quick ratio (1.20) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.08 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
The earnings per share for LYTS have decreased strongly by -11.88% in the last year.
Measured over the past years, LYTS shows a very strong growth in Earnings Per Share. The EPS has been growing by 99.58% on average per year.
LYTS shows a decrease in Revenue. In the last year, the revenue decreased by -5.51%.
LYTS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.38% yearly.
EPS 1Y (TTM)-11.88%
EPS 3Y38.19%
EPS 5Y99.58%
EPS Q2Q%-38.1%
Revenue 1Y (TTM)-5.51%
Revenue growth 3Y14.17%
Revenue growth 5Y7.38%
Sales Q2Q%22.46%
3.2 Future
Based on estimates for the next years, LYTS will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.80% on average per year.
The Revenue is expected to grow by 9.76% on average over the next years. This is quite good.
EPS Next Y9.52%
EPS Next 2Y16.54%
EPS Next 3Y11.18%
EPS Next 5Y8.8%
Revenue Next Year18.38%
Revenue Next 2Y12.88%
Revenue Next 3Y11.52%
Revenue Next 5Y9.76%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 16.71, which indicates a correct valuation of LYTS.
Based on the Price/Earnings ratio, LYTS is valued a bit cheaper than the industry average as 79.38% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 28.79, LYTS is valued a bit cheaper.
With a Price/Forward Earnings ratio of 11.52, the valuation of LYTS can be described as very reasonable.
88.66% of the companies in the same industry are more expensive than LYTS, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.38, LYTS is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.71 | ||
| Fwd PE | 11.52 |
4.2 Price Multiples
LYTS's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. LYTS is cheaper than 84.54% of the companies in the same industry.
90.72% of the companies in the same industry are more expensive than LYTS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.75 | ||
| EV/EBITDA | 10.49 |
4.3 Compensation for Growth
LYTS's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
LYTS has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.76
PEG (5Y)0.17
EPS Next 2Y16.54%
EPS Next 3Y11.18%
5. Dividend
5.1 Amount
LYTS has a Yearly Dividend Yield of 1.36%. Purely for dividend investing, there may be better candidates out there.
In the last 3 months the price of LYTS has falen by -32.65%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 4.54, LYTS pays a better dividend. On top of this LYTS pays more dividend than 87.63% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.47, LYTS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
5.2 History
The dividend of LYTS decreases each year by -0.17%.
LYTS has paid a dividend for at least 10 years, which is a reliable track record.
LYTS has decreased its dividend recently.
Dividend Growth(5Y)-0.17%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
LYTS pays out 25.18% of its income as dividend. This is a sustainable payout ratio.
DP25.18%
EPS Next 2Y16.54%
EPS Next 3Y11.18%
14.87
+0.16 (+1.09%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners75.11%
Inst Owner Change0.12%
Ins Owners6.08%
Ins Owner Change0.48%
Market Cap444.91M
Analysts82.22
Price Target29.24 (96.64%)
Short Float %1.41%
Short Ratio2.29
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
Yearly Dividend0.2
Dividend Growth(5Y)-0.17%
DP25.18%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.37%
Min EPS beat(2)13.29%
Max EPS beat(2)27.45%
EPS beat(4)4
Avg EPS beat(4)19.54%
Min EPS beat(4)4.58%
Max EPS beat(4)32.83%
EPS beat(8)8
Avg EPS beat(8)25.76%
EPS beat(12)12
Avg EPS beat(12)41.17%
EPS beat(16)14
Avg EPS beat(16)46.98%
Revenue beat(2)2
Avg Revenue beat(2)6.25%
Min Revenue beat(2)0.39%
Max Revenue beat(2)12.11%
Revenue beat(4)3
Avg Revenue beat(4)3.14%
Min Revenue beat(4)-0.4%
Max Revenue beat(4)12.11%
Revenue beat(8)5
Avg Revenue beat(8)1.41%
Revenue beat(12)9
Avg Revenue beat(12)4.32%
Revenue beat(16)12
Avg Revenue beat(16)5.17%
PT rev (1m)0%
PT rev (3m)26.47%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-16%
EPS NY rev (1m)0%
EPS NY rev (3m)3.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.71 | ||
| Fwd PE | 11.52 | ||
| P/S | 0.85 | ||
| P/FCF | 10.75 | ||
| P/OCF | 9.83 | ||
| P/B | 2.05 | ||
| P/tB | 5.02 | ||
| EV/EBITDA | 10.49 |
EPS(TTM)0.89
EY5.99%
EPS(NY)1.29
Fwd EY8.68%
FCF(TTM)1.38
FCFY9.3%
OCF(TTM)1.51
OCFY10.17%
SpS17.48
BVpS7.26
TBVpS2.96
PEG (NY)1.76
PEG (5Y)0.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.78% | ||
| ROE | 10.76% | ||
| ROCE | 12.95% | ||
| ROIC | 9.89% | ||
| ROICexc | 10.06% | ||
| ROICexgc | 19.81% | ||
| OM | 6.59% | ||
| PM (TTM) | 4.47% | ||
| GM | 25.56% | ||
| FCFM | 7.91% |
ROA(3y)6.9%
ROA(5y)5.66%
ROE(3y)12.3%
ROE(5y)9.81%
ROIC(3y)10.1%
ROIC(5y)7.28%
ROICexc(3y)10.21%
ROICexc(5y)7.37%
ROICexgc(3y)20.19%
ROICexgc(5y)14.33%
ROCE(3y)13.23%
ROCE(5y)9.54%
ROICexcg growth 3Y48.25%
ROICexcg growth 5Y62.26%
ROICexc growth 3Y53.63%
ROICexc growth 5Y50.69%
OM growth 3Y44.69%
OM growth 5Y55.25%
PM growth 3Y41.69%
PM growth 5YN/A
GM growth 3Y4.38%
GM growth 5Y4.48%
F-Score3
Asset Turnover1.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.94 | ||
| Debt/EBITDA | 0.77 | ||
| Cap/Depr | 34.41% | ||
| Cap/Sales | 0.74% | ||
| Interest Coverage | 14.6 | ||
| Cash Conversion | 99.07% | ||
| Profit Quality | 177.12% | ||
| Current Ratio | 2.08 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 4.47 |
F-Score3
WACC8.39%
ROIC/WACC1.18
Cap/Depr(3y)36.02%
Cap/Depr(5y)33.45%
Cap/Sales(3y)0.75%
Cap/Sales(5y)0.77%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-11.88%
EPS 3Y38.19%
EPS 5Y99.58%
EPS Q2Q%-38.1%
EPS Next Y9.52%
EPS Next 2Y16.54%
EPS Next 3Y11.18%
EPS Next 5Y8.8%
Revenue 1Y (TTM)-5.51%
Revenue growth 3Y14.17%
Revenue growth 5Y7.38%
Sales Q2Q%22.46%
Revenue Next Year18.38%
Revenue Next 2Y12.88%
Revenue Next 3Y11.52%
Revenue Next 5Y9.76%
EBIT growth 1Y-7.51%
EBIT growth 3Y65.18%
EBIT growth 5Y66.71%
EBIT Next Year33.4%
EBIT Next 3Y25.45%
EBIT Next 5Y21.79%
FCF growth 1Y36.31%
FCF growth 3Y13.81%
FCF growth 5Y33.78%
OCF growth 1Y38.24%
OCF growth 3Y15.71%
OCF growth 5Y30.44%