LSI INDUSTRIES INC (LYTS) Stock Fundamental Analysis
NASDAQ:LYTS - Nasdaq - US50216C1080 - Common Stock - Currency: USD
Taking everything into account, LYTS scores 6 out of 10 in our fundamental rating. LYTS was compared to 93 industry peers in the Electrical Equipment industry. While LYTS has a great profitability rating, there are some minor concerns on its financial health. LYTS has a decent growth rate and is not valued too expensively.
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.
Each year in the past 5 years LYTS has been profitable.
LYTS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of LYTS (5.69%) is better than 79.57% of its industry peers.
LYTS's Return On Equity of 9.87% is amongst the best of the industry. LYTS outperforms 80.65% of its industry peers.
LYTS has a Return On Invested Capital of 8.50%. This is amongst the best in the industry. LYTS outperforms 80.65% 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 9.68%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.69% | ||
| ROE | 9.87% | ||
| ROIC | 8.5% |
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 (4.00%) is better than 76.34% of its industry peers.
In the last couple of years the Profit Margin of LYTS has grown nicely.
With a decent Operating Margin value of 6.01%, LYTS is doing good in the industry, outperforming 76.34% of the companies in the same industry.
In the last couple of years the Operating Margin of LYTS has grown nicely.
LYTS has a Gross Margin of 24.70%. This is comparable to the rest of the industry: LYTS outperforms 53.76% of its industry peers.
LYTS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.01% | ||
| PM (TTM) | 4% | ||
| GM | 24.7% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so LYTS is still creating some value.
The number of shares outstanding for LYTS has been increased compared to 1 year ago.
LYTS has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, LYTS has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.24 indicates that LYTS is not in any danger for bankruptcy at the moment.
LYTS has a Altman-Z score of 4.24. This is in the better half of the industry: LYTS outperforms 76.34% of its industry peers.
LYTS has a debt to FCF ratio of 1.54. This is a very positive value and a sign of high solvency as it would only need 1.54 years to pay back of all of its debts.
LYTS has a Debt to FCF ratio of 1.54. This is amongst the best in the industry. LYTS outperforms 91.40% of its industry peers.
A Debt/Equity ratio of 0.24 indicates that LYTS is not too dependend on debt financing.
LYTS has a Debt to Equity ratio of 0.24. This is in the better half of the industry: LYTS outperforms 61.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.54 | ||
| Altman-Z | 4.24 |
ROIC/WACC1
WACC8.47%
2.3 Liquidity
A Current Ratio of 2.08 indicates that LYTS has no problem at all paying its short term obligations.
LYTS has a Current ratio (2.08) which is in line with its industry peers.
LYTS has a Quick Ratio of 1.25. 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 (1.25) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.08 | ||
| Quick Ratio | 1.25 |
3. Growth
3.1 Past
The earnings per share for LYTS have decreased by -4.95% in the last year.
LYTS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 99.58% yearly.
LYTS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 17.91%.
Measured over the past years, LYTS shows a small growth in Revenue. The Revenue has been growing by 7.38% on average per year.
EPS 1Y (TTM)-4.95%
EPS 3Y38.19%
EPS 5Y99.58%
EPS Q2Q%-4.76%
Revenue 1Y (TTM)17.91%
Revenue growth 3Y14.17%
Revenue growth 5Y7.38%
Sales Q2Q%22.46%
3.2 Future
The Earnings Per Share is expected to grow by 8.49% on average over the next years. This is quite good.
Based on estimates for the next years, LYTS will show a quite strong growth in Revenue. The Revenue will grow by 9.81% on average per year.
EPS Next Y3.07%
EPS Next 2Y8.68%
EPS Next 3Y13.31%
EPS Next 5Y8.49%
Revenue Next Year19.1%
Revenue Next 2Y13.35%
Revenue Next 3Y11.17%
Revenue Next 5Y9.81%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
With a Price/Earnings ratio of 19.11, LYTS is valued on the expensive side.
Based on the Price/Earnings ratio, LYTS is valued cheaply inside the industry as 81.72% of the companies are valued more expensively.
LYTS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.48.
LYTS is valuated correctly with a Price/Forward Earnings ratio of 16.35.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LYTS indicates a rather cheap valuation: LYTS is cheaper than 83.87% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.04, LYTS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.11 | ||
| Fwd PE | 16.35 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LYTS indicates a rather cheap valuation: LYTS is cheaper than 84.95% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, LYTS is valued cheaply inside the industry as 90.32% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.11 | ||
| EV/EBITDA | 13.38 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
LYTS has a very decent profitability rating, which may justify a higher PE ratio.
LYTS's earnings are expected to grow with 13.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)6.22
PEG (5Y)0.19
EPS Next 2Y8.68%
EPS Next 3Y13.31%
5. Dividend
5.1 Amount
LYTS has a Yearly Dividend Yield of 1.10%.
LYTS's Dividend Yield is rather good when compared to the industry average which is at 4.18. LYTS pays more dividend than 87.10% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, LYTS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.1% |
5.2 History
The dividend of LYTS decreases each year by -0.17%.
LYTS has been paying a dividend for at least 10 years, so it has 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 27.08% of its income as dividend. This is a sustainable payout ratio.
DP27.08%
EPS Next 2Y8.68%
EPS Next 3Y13.31%
18.35
+0.11 (+0.6%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners76.09%
Inst Owner Change-1.59%
Ins Owners6.1%
Ins Owner Change0.74%
Market Cap550.50M
Analysts82
Price Target24.99 (36.19%)
Short Float %1.76%
Short Ratio4.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.1% |
Yearly Dividend0.2
Dividend Growth(5Y)-0.17%
DP27.08%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)10.41%
Min EPS beat(2)-6.63%
Max EPS beat(2)27.45%
EPS beat(4)3
Avg EPS beat(4)9.67%
Min EPS beat(4)-6.63%
Max EPS beat(4)27.45%
EPS beat(8)7
Avg EPS beat(8)20.8%
EPS beat(12)11
Avg EPS beat(12)28.53%
EPS beat(16)14
Avg EPS beat(16)46.69%
Revenue beat(2)2
Avg Revenue beat(2)6.12%
Min Revenue beat(2)0.13%
Max Revenue beat(2)12.11%
Revenue beat(4)3
Avg Revenue beat(4)3.06%
Min Revenue beat(4)-0.4%
Max Revenue beat(4)12.11%
Revenue beat(8)5
Avg Revenue beat(8)0.87%
Revenue beat(12)9
Avg Revenue beat(12)3.2%
Revenue beat(16)13
Avg Revenue beat(16)5.46%
PT rev (1m)0%
PT rev (3m)-9.3%
EPS NQ rev (1m)-2.78%
EPS NQ rev (3m)-15.15%
EPS NY rev (1m)0%
EPS NY rev (3m)-5.88%
Revenue NQ rev (1m)-0.18%
Revenue NQ rev (3m)-0.18%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)0.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.11 | ||
| Fwd PE | 16.35 | ||
| P/S | 1.01 | ||
| P/FCF | 15.11 | ||
| P/OCF | 13.86 | ||
| P/B | 2.48 | ||
| P/tB | 6.98 | ||
| EV/EBITDA | 13.38 |
EPS(TTM)0.96
EY5.23%
EPS(NY)1.12
Fwd EY6.11%
FCF(TTM)1.21
FCFY6.62%
OCF(TTM)1.32
OCFY7.21%
SpS18.24
BVpS7.39
TBVpS2.63
PEG (NY)6.22
PEG (5Y)0.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.69% | ||
| ROE | 9.87% | ||
| ROCE | 11.13% | ||
| ROIC | 8.5% | ||
| ROICexc | 8.62% | ||
| ROICexgc | 16.93% | ||
| OM | 6.01% | ||
| PM (TTM) | 4% | ||
| GM | 24.7% | ||
| FCFM | 6.66% |
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 Turnover1.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.54 | ||
| Debt/EBITDA | 1.17 | ||
| Cap/Depr | 27.59% | ||
| Cap/Sales | 0.6% | ||
| Interest Coverage | 11.66 | ||
| Cash Conversion | 88.72% | ||
| Profit Quality | 166.53% | ||
| Current Ratio | 2.08 | ||
| Quick Ratio | 1.25 | ||
| Altman-Z | 4.24 |
F-Score3
WACC8.47%
ROIC/WACC1
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)-4.95%
EPS 3Y38.19%
EPS 5Y99.58%
EPS Q2Q%-4.76%
EPS Next Y3.07%
EPS Next 2Y8.68%
EPS Next 3Y13.31%
EPS Next 5Y8.49%
Revenue 1Y (TTM)17.91%
Revenue growth 3Y14.17%
Revenue growth 5Y7.38%
Sales Q2Q%22.46%
Revenue Next Year19.1%
Revenue Next 2Y13.35%
Revenue Next 3Y11.17%
Revenue Next 5Y9.81%
EBIT growth 1Y-11.72%
EBIT growth 3Y65.18%
EBIT growth 5Y66.71%
EBIT Next Year30.41%
EBIT Next 3Y23.69%
EBIT Next 5Y21.74%
FCF growth 1Y-6.02%
FCF growth 3Y13.81%
FCF growth 5Y33.78%
OCF growth 1Y-3.98%
OCF growth 3Y15.71%
OCF growth 5Y30.44%