LSI INDUSTRIES INC (LYTS) Stock Fundamental Analysis
USA - NASDAQ:LYTS - US50216C1080 - Common Stock
21.65 USD
-0.27 (-1.23%)
21.65 USD
0 (0%)
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 is not valued too expensively and it also shows a decent growth rate.
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.
LYTS had positive earnings in each of the past 5 years.
LYTS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
LYTS has a Return On Assets of 6.15%. This is amongst the best in the industry. LYTS outperforms 80.65% of its industry peers.
The Return On Equity of LYTS (10.57%) is better than 81.72% of its industry peers.
LYTS has a better Return On Invested Capital (9.02%) than 81.72% of its industry peers.
LYTS had an Average Return On Invested Capital over the past 3 years of 10.63%. This is in line with the industry average of 10.15%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.15% | ||
| ROE | 10.57% | ||
| ROIC | 9.02% |
ROA(3y)7.34%
ROA(5y)5.78%
ROE(3y)12.44%
ROE(5y)10.39%
ROIC(3y)10.63%
ROIC(5y)8.28%
1.3 Margins
LYTS's Profit Margin of 4.25% is fine compared to the rest of the industry. LYTS outperforms 77.42% of its industry peers.
In the last couple of years the Profit Margin of LYTS has grown nicely.
LYTS has a Operating Margin of 6.30%. This is in the better half of the industry: LYTS outperforms 75.27% of its industry peers.
LYTS's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 24.77%, LYTS perfoms like the industry average, outperforming 49.46% 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 | 6.3% | ||
| PM (TTM) | 4.25% | ||
| GM | 24.77% |
OM growth 3Y10.61%
OM growth 5Y26.71%
PM growth 3Y8.86%
PM growth 5Y6.24%
GM growth 3Y1.06%
GM growth 5Y0.29%
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.
Compared to 1 year ago, LYTS has more shares outstanding
The number of shares outstanding for LYTS has been increased compared to 5 years ago.
The debt/assets ratio for LYTS has been reduced compared to a year ago.
2.2 Solvency
LYTS has an Altman-Z score of 4.70. This indicates that LYTS is financially healthy and has little risk of bankruptcy at the moment.
LYTS has a better Altman-Z score (4.70) than 77.42% of its industry peers.
LYTS has a debt to FCF ratio of 1.40. This is a very positive value and a sign of high solvency as it would only need 1.40 years to pay back of all of its debts.
LYTS has a Debt to FCF ratio of 1.40. This is amongst the best in the industry. LYTS outperforms 91.40% of its industry peers.
A Debt/Equity ratio of 0.19 indicates that LYTS is not too dependend on debt financing.
LYTS's Debt to Equity ratio of 0.19 is fine compared to the rest of the industry. LYTS outperforms 62.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 1.4 | ||
| Altman-Z | 4.7 |
ROIC/WACC1.08
WACC8.35%
2.3 Liquidity
LYTS has a Current Ratio of 1.99. 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 Current ratio (1.99) which is in line with its industry peers.
LYTS has a Quick Ratio of 1.17. This is a normal value and indicates that LYTS is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.17, LYTS is in line with its industry, outperforming 55.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.99 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
LYTS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.58%, which is quite good.
The Earnings Per Share has been growing by 54.61% on average over the past years. This is a very strong growth
Looking at the last year, LYTS shows a very strong growth in Revenue. The Revenue has grown by 22.10%.
The Revenue has been growing by 13.41% on average over the past years. This is quite good.
EPS 1Y (TTM)11.58%
EPS 3Y18.32%
EPS 5Y54.61%
EPS Q2Q%41.67%
Revenue 1Y (TTM)22.1%
Revenue growth 3Y8.01%
Revenue growth 5Y13.41%
Sales Q2Q%20.2%
3.2 Future
The Earnings Per Share is expected to grow by 8.46% on average over the next years. This is quite good.
LYTS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.82% yearly.
EPS Next Y11.94%
EPS Next 2Y16.07%
EPS Next 3Y12%
EPS Next 5Y8.46%
Revenue Next Year6.9%
Revenue Next 2Y7.47%
Revenue Next 3Y7.32%
Revenue Next 5Y6.82%
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.
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
A Price/Earnings ratio of 20.42 indicates a rather expensive valuation of LYTS.
Based on the Price/Earnings ratio, LYTS is valued cheaply inside the industry as 84.95% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.02, LYTS is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 18.25, the valuation of LYTS can be described as rather expensive.
Based on the Price/Forward Earnings ratio, LYTS is valued cheaply inside the industry as 88.17% of the companies are valued more expensively.
LYTS's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.42 | ||
| Fwd PE | 18.25 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LYTS is valued cheaply inside the industry as 87.10% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LYTS indicates a rather cheap valuation: LYTS is cheaper than 90.32% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.1 | ||
| EV/EBITDA | 14.68 |
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 a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.71
PEG (5Y)0.37
EPS Next 2Y16.07%
EPS Next 3Y12%
5. Dividend
5.1 Amount
With a yearly dividend of 0.91%, LYTS is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.15, LYTS pays a better dividend. On top of this LYTS pays more dividend than 86.02% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.43, LYTS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.91% |
5.2 History
The dividend of LYTS decreases each year by -0.05%.
LYTS has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of LYTS decreased recently.
Dividend Growth(5Y)-0.05%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
24.48% of the earnings are spent on dividend by LYTS. This is a low number and sustainable payout ratio.
DP24.48%
EPS Next 2Y16.07%
EPS Next 3Y12%
21.65
-0.27 (-1.23%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners74.81%
Inst Owner Change0%
Ins Owners6.36%
Ins Owner Change16.43%
Market Cap661.84M
Analysts82
Price Target27.54 (27.21%)
Short Float %1.29%
Short Ratio1.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.91% |
Yearly Dividend0.2
Dividend Growth(5Y)-0.05%
DP24.48%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)18.11%
Min EPS beat(2)-6.63%
Max EPS beat(2)42.86%
EPS beat(4)3
Avg EPS beat(4)19.24%
Min EPS beat(4)-6.63%
Max EPS beat(4)42.86%
EPS beat(8)7
Avg EPS beat(8)18.61%
EPS beat(12)11
Avg EPS beat(12)27.57%
EPS beat(16)14
Avg EPS beat(16)40.91%
Revenue beat(2)2
Avg Revenue beat(2)4.89%
Min Revenue beat(2)0.13%
Max Revenue beat(2)9.66%
Revenue beat(4)4
Avg Revenue beat(4)5.57%
Min Revenue beat(4)0.13%
Max Revenue beat(4)12.11%
Revenue beat(8)5
Avg Revenue beat(8)1.8%
Revenue beat(12)9
Avg Revenue beat(12)2.78%
Revenue beat(16)13
Avg Revenue beat(16)4.97%
PT rev (1m)10.2%
PT rev (3m)3.85%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.82%
EPS NY rev (1m)4.18%
EPS NY rev (3m)5.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.36%
Revenue NY rev (1m)-0.9%
Revenue NY rev (3m)-0.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.42 | ||
| Fwd PE | 18.25 | ||
| P/S | 1.15 | ||
| P/FCF | 19.1 | ||
| P/OCF | 17.36 | ||
| P/B | 2.87 | ||
| P/tB | 7.53 | ||
| EV/EBITDA | 14.68 |
EPS(TTM)1.06
EY4.9%
EPS(NY)1.19
Fwd EY5.48%
FCF(TTM)1.13
FCFY5.24%
OCF(TTM)1.25
OCFY5.76%
SpS18.76
BVpS7.55
TBVpS2.88
PEG (NY)1.71
PEG (5Y)0.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.15% | ||
| ROE | 10.57% | ||
| ROCE | 12.09% | ||
| ROIC | 9.02% | ||
| ROICexc | 9.13% | ||
| ROICexgc | 17.66% | ||
| OM | 6.3% | ||
| PM (TTM) | 4.25% | ||
| GM | 24.77% | ||
| FCFM | 6.04% |
ROA(3y)7.34%
ROA(5y)5.78%
ROE(3y)12.44%
ROE(5y)10.39%
ROIC(3y)10.63%
ROIC(5y)8.28%
ROICexc(3y)10.75%
ROICexc(5y)8.38%
ROICexgc(3y)21.18%
ROICexgc(5y)16.61%
ROCE(3y)14.24%
ROCE(5y)11.1%
ROICexcg growth 3Y9.77%
ROICexcg growth 5Y30.35%
ROICexc growth 3Y10.13%
ROICexc growth 5Y22.71%
OM growth 3Y10.61%
OM growth 5Y26.71%
PM growth 3Y8.86%
PM growth 5Y6.24%
GM growth 3Y1.06%
GM growth 5Y0.29%
F-Score5
Asset Turnover1.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 1.4 | ||
| Debt/EBITDA | 0.92 | ||
| Cap/Depr | 27.55% | ||
| Cap/Sales | 0.6% | ||
| Interest Coverage | 12.76 | ||
| Cash Conversion | 78.23% | ||
| Profit Quality | 142.12% | ||
| Current Ratio | 1.99 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 4.7 |
F-Score5
WACC8.35%
ROIC/WACC1.08
Cap/Depr(3y)38.22%
Cap/Depr(5y)32.62%
Cap/Sales(3y)0.8%
Cap/Sales(5y)0.71%
Profit Quality(3y)158.01%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.58%
EPS 3Y18.32%
EPS 5Y54.61%
EPS Q2Q%41.67%
EPS Next Y11.94%
EPS Next 2Y16.07%
EPS Next 3Y12%
EPS Next 5Y8.46%
Revenue 1Y (TTM)22.1%
Revenue growth 3Y8.01%
Revenue growth 5Y13.41%
Sales Q2Q%20.2%
Revenue Next Year6.9%
Revenue Next 2Y7.47%
Revenue Next 3Y7.32%
Revenue Next 5Y6.82%
EBIT growth 1Y0.31%
EBIT growth 3Y19.47%
EBIT growth 5Y43.7%
EBIT Next Year86.63%
EBIT Next 3Y41.42%
EBIT Next 5Y28.82%
FCF growth 1Y-8.82%
FCF growth 3YN/A
FCF growth 5Y5.14%
OCF growth 1Y-12.15%
OCF growth 3YN/A
OCF growth 5Y5.11%