LSI INDUSTRIES INC (LYTS)
US50216C1080 - Common Stock
Taking everything into account, LYTS scores 6 out of 10 in our fundamental rating. LYTS was compared to 87 industry peers in the Electrical Equipment industry. LYTS scores excellent points on both the profitability and health parts. This is a solid base for a good stock. LYTS has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year LYTS was profitable.
LYTS had a positive operating cash flow in the past year.
Of the past 5 years LYTS 4 years were profitable.
Of the past 5 years LYTS 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of LYTS (9.39%) is better than 89.41% of its industry peers.
The Return On Equity of LYTS (14.00%) is better than 83.53% of its industry peers.
LYTS has a better Return On Invested Capital (13.07%) than 90.59% of its industry peers.
The Average Return On Invested Capital over the past 3 years for LYTS is below the industry average of 10.32%.
The 3 year average ROIC (7.79%) for LYTS is below the current ROIC(13.07%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.39% | ||
| ROE | 14% | ||
| ROIC | 13.07% |
ROA(3y)5.2%
ROA(5y)2.61%
ROE(3y)9.72%
ROE(5y)4.64%
ROIC(3y)7.79%
ROIC(5y)5.61%
1.3 Margins
LYTS has a Profit Margin of 5.70%. This is in the better half of the industry: LYTS outperforms 77.65% of its industry peers.
LYTS's Profit Margin has improved in the last couple of years.
The Operating Margin of LYTS (7.87%) is better than 70.59% of its industry peers.
LYTS's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 28.84%, LYTS is doing good in the industry, outperforming 67.06% of the companies in the same industry.
In the last couple of years the Gross Margin of LYTS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.87% | ||
| PM (TTM) | 5.7% | ||
| GM | 28.84% |
OM growth 3Y58.07%
OM growth 5Y22.64%
PM growth 3Y18.23%
PM growth 5YN/A
GM growth 3Y4.13%
GM growth 5Y1.11%
2. Health
2.1 Basic Checks
LYTS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, LYTS has more shares outstanding
LYTS has more shares outstanding than it did 5 years ago.
LYTS has a better debt/assets ratio than last year.
2.2 Solvency
LYTS has an Altman-Z score of 5.27. This indicates that LYTS is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of LYTS (5.27) is better than 89.41% of its industry peers.
The Debt to FCF ratio of LYTS is 0.52, which is an excellent value as it means it would take LYTS, only 0.52 years of fcf income to pay off all of its debts.
LYTS's Debt to FCF ratio of 0.52 is amongst the best of the industry. LYTS outperforms 92.94% of its industry peers.
LYTS has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.10, LYTS is doing good in the industry, outperforming 62.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.52 | ||
| Altman-Z | 5.27 |
ROIC/WACC1.31
WACC10%
2.3 Liquidity
LYTS has a Current Ratio of 2.16. This indicates that LYTS is financially healthy and has no problem in meeting its short term obligations.
LYTS has a Current ratio of 2.16. This is comparable to the rest of the industry: LYTS outperforms 55.29% of its industry peers.
LYTS has a Quick Ratio of 1.24. This is a normal value and indicates that LYTS is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of LYTS (1.24) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.16 | ||
| Quick Ratio | 1.24 |
3. Growth
3.1 Past
LYTS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.79%, which is quite good.
Measured over the past years, LYTS shows a very strong growth in Earnings Per Share. The EPS has been growing by 35.37% on average per year.
Looking at the last year, LYTS shows a decrease in Revenue. The Revenue has decreased by -4.05% in the last year.
LYTS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.76% yearly.
EPS 1Y (TTM)13.79%
EPS 3Y102.74%
EPS 5Y35.37%
EPS growth Q2Q-19.23%
Revenue 1Y (TTM)-4.05%
Revenue growth 3Y17.6%
Revenue growth 5Y7.76%
Revenue growth Q2Q-15.37%
3.2 Future
LYTS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.29% yearly.
Based on estimates for the next years, LYTS will show a small growth in Revenue. The Revenue will grow by 5.78% on average per year.
EPS Next Y-7.69%
EPS Next 2Y9.01%
EPS Next 3Y6.97%
EPS Next 5Y6.29%
Revenue Next Year-6.5%
Revenue Next 2Y2.65%
Revenue Next 3Y5.24%
Revenue Next 5Y5.78%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.83, the valuation of LYTS can be described as correct.
Based on the Price/Earnings ratio, LYTS is valued cheaply inside the industry as 84.71% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of LYTS to the average of the S&P500 Index (25.25), we can say LYTS is valued slightly cheaper.
With a Price/Forward Earnings ratio of 12.35, LYTS is valued correctly.
91.76% 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 21.67, LYTS is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.83 | ||
| Fwd PE | 12.35 |
4.2 Price Multiples
87.06% of the companies in the same industry are more expensive than LYTS, based on the Enterprise Value to EBITDA ratio.
LYTS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. LYTS is cheaper than 94.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.73 | ||
| EV/EBITDA | 9.49 |
4.3 Compensation for Growth
LYTS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.42
EPS Next 2Y9.01%
EPS Next 3Y6.97%
5. Dividend
5.1 Amount
LYTS has a Yearly Dividend Yield of 1.43%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.51, LYTS pays a better dividend. On top of this LYTS pays more dividend than 90.59% of the companies listed in the same industry.
With a Dividend Yield of 1.43, LYTS pays less dividend than the S&P500 average, which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.43% |
5.2 History
The dividend of LYTS decreases each year by -0.74%.
LYTS has been paying a dividend for at least 10 years, so it has a reliable track record.
LYTS has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)-0.74%
Div Incr Years0
Div Non Decr Years8
5.3 Sustainability
20.65% of the earnings are spent on dividend by LYTS. This is a low number and sustainable payout ratio.
DP20.65%
EPS Next 2Y9.01%
EPS Next 3Y6.97%
LSI INDUSTRIES INC
NASDAQ:LYTS (4/25/2024, 12:33:42 PM)
14.68
+0.09 (+0.62%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap426.75M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.43% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.83 | ||
| Fwd PE | 12.35 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.39% | ||
| ROE | 14% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 7.87% | ||
| PM (TTM) | 5.7% | ||
| GM | 28.84% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.16 | ||
| Quick Ratio | 1.24 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)13.79%
EPS 3Y102.74%
EPS 5Y
EPS growth Q2Q
EPS Next Y-7.69%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-4.05%
Revenue growth 3Y17.6%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y