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 97 industry peers in the Electrical Equipment industry. Both the health and profitability get an excellent rating, making LYTS a very profitable company, without any liquidiy or solvency issues. LYTS has a decent growth rate and is not valued too expensively. This makes LYTS very considerable for 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.
Each year in the past 5 years LYTS has been profitable.
Of the past 5 years LYTS 4 years had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 6.78%, LYTS belongs to the best of the industry, outperforming 86.60% of the companies in the same industry.
LYTS's Return On Equity of 10.76% is amongst the best of the industry. LYTS outperforms 84.54% of its industry peers.
With an excellent Return On Invested Capital value of 9.89%, LYTS belongs to the best of the industry, outperforming 86.60% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for LYTS is in line with the industry average of 9.66%.
| 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
LYTS has a Profit Margin of 4.47%. This is in the better half of the industry: LYTS outperforms 79.38% of its industry peers.
In the last couple of years the Profit Margin of LYTS has grown nicely.
LYTS has a better Operating Margin (6.59%) than 76.29% of its industry peers.
In the last couple of years the Operating Margin of LYTS has grown nicely.
Looking at the Gross Margin, with a value of 25.56%, LYTS is in line with its industry, outperforming 57.73% of the companies in the same industry.
LYTS's Gross Margin has improved in the last couple of years.
| 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
LYTS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for LYTS has been increased compared to 1 year ago.
Compared to 5 years ago, LYTS has more shares outstanding
The debt/assets ratio for LYTS is higher compared to a year ago.
2.2 Solvency
LYTS has an Altman-Z score of 4.57. This indicates that LYTS is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of LYTS (4.57) is better than 84.54% of its industry peers.
The Debt to FCF ratio of LYTS is 0.94, which is an excellent value as it means it would take LYTS, only 0.94 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.94, LYTS belongs to the best of the industry, outperforming 92.78% of the companies in the same industry.
A Debt/Equity ratio of 0.16 indicates that LYTS is not too dependend on debt financing.
The Debt to Equity ratio of LYTS (0.16) is better than 61.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.94 | ||
| Altman-Z | 4.57 |
ROIC/WACC1.18
WACC8.4%
2.3 Liquidity
A Current Ratio of 2.08 indicates that LYTS has no problem at all paying its short term obligations.
The Current ratio of LYTS (2.08) is better than 61.86% of its industry peers.
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 in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.08 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
LYTS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.88%.
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.
The Revenue has grown by 17.91% in the past year. This is quite good.
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)17.91%
Revenue growth 3Y14.17%
Revenue growth 5Y7.38%
Sales Q2Q%22.46%
3.2 Future
LYTS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.80% yearly.
LYTS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.76% yearly.
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
With a Price/Earnings ratio of 18.08, LYTS is valued on the expensive side.
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.
The average S&P500 Price/Earnings ratio is at 24.12. LYTS is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 12.47, LYTS is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LYTS indicates a rather cheap valuation: LYTS is cheaper than 86.60% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.42. LYTS is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.08 | ||
| Fwd PE | 12.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LYTS is valued cheaper than 84.54% of the companies in the same industry.
LYTS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. LYTS is cheaper than 89.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.63 | ||
| EV/EBITDA | 10.95 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates LYTS does not grow enough to justify the current Price/Earnings ratio.
LYTS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.9
PEG (5Y)0.18
EPS Next 2Y16.54%
EPS Next 3Y11.18%
5. Dividend
5.1 Amount
LYTS has a Yearly Dividend Yield of 1.31%. Purely for dividend investing, there may be better candidates out there.
The stock price of LYTS dropped by -23.49% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
LYTS's Dividend Yield is rather good when compared to the industry average which is at 4.65. LYTS pays more dividend than 87.63% of the companies in the same industry.
With a Dividend Yield of 1.31, LYTS pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
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.
The dividend of LYTS decreased 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%
16.09
+0.51 (+3.27%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners75.11%
Inst Owner Change-0.72%
Ins Owners6.08%
Ins Owner Change0.48%
Market Cap481.41M
Analysts82.22
Price Target29.24 (81.73%)
Short Float %1.28%
Short Ratio2.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
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)4.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.08 | ||
| Fwd PE | 12.47 | ||
| P/S | 0.92 | ||
| P/FCF | 11.63 | ||
| P/OCF | 10.64 | ||
| P/B | 2.22 | ||
| P/tB | 5.44 | ||
| EV/EBITDA | 10.95 |
EPS(TTM)0.89
EY5.53%
EPS(NY)1.29
Fwd EY8.02%
FCF(TTM)1.38
FCFY8.6%
OCF(TTM)1.51
OCFY9.4%
SpS17.48
BVpS7.26
TBVpS2.96
PEG (NY)1.9
PEG (5Y)0.18
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 | 4.57 |
F-Score3
WACC8.4%
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)17.91%
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%