LAM RESEARCH CORP (1LRCX.MI) Stock Fundamental Analysis

Europe • Euronext Milan • BIT:1LRCX • US5128073062

198.58 EUR
-1.77 (-0.88%)
Last: Feb 3, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to 1LRCX. 1LRCX was compared to 69 industry peers in the Semiconductors & Semiconductor Equipment industry. While 1LRCX belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. 1LRCX is valued quite expensive, but it does show an excellent growth. With these ratings, 1LRCX could be worth investigating further for growth investing!.


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

  • In the past year 1LRCX was profitable.
  • 1LRCX had a positive operating cash flow in the past year.
  • Each year in the past 5 years 1LRCX has been profitable.
  • In the past 5 years 1LRCX always reported a positive cash flow from operatings.
1LRCX.MI Yearly Net Income VS EBIT VS OCF VS FCF1LRCX.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

1.2 Ratios

  • 1LRCX has a better Return On Assets (29.05%) than 95.65% of its industry peers.
  • 1LRCX's Return On Equity of 61.24% is amongst the best of the industry. 1LRCX outperforms 94.20% of its industry peers.
  • 1LRCX has a better Return On Invested Capital (40.64%) than 95.65% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for 1LRCX is significantly above the industry average of 14.30%.
  • The 3 year average ROIC (31.47%) for 1LRCX is below the current ROIC(40.64%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 29.05%
ROE 61.24%
ROIC 40.64%
ROA(3y)23.18%
ROA(5y)24.18%
ROE(3y)51.37%
ROE(5y)58.46%
ROIC(3y)31.47%
ROIC(5y)32.89%
1LRCX.MI Yearly ROA, ROE, ROIC1LRCX.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

1.3 Margins

  • 1LRCX has a Profit Margin of 30.22%. This is amongst the best in the industry. 1LRCX outperforms 86.96% of its industry peers.
  • 1LRCX's Profit Margin has improved in the last couple of years.
  • 1LRCX has a Operating Margin of 33.76%. This is amongst the best in the industry. 1LRCX outperforms 82.61% of its industry peers.
  • 1LRCX's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 49.80%, 1LRCX is in line with its industry, outperforming 52.17% of the companies in the same industry.
  • In the last couple of years the Gross Margin of 1LRCX has remained more or less at the same level.
Industry RankSector Rank
OM 33.76%
PM (TTM) 30.22%
GM 49.8%
OM growth 3Y0.81%
OM growth 5Y3.76%
PM growth 3Y2.83%
PM growth 5Y5.33%
GM growth 3Y2.15%
GM growth 5Y1.2%
1LRCX.MI Yearly Profit, Operating, Gross Margins1LRCX.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so 1LRCX is creating value.
  • The number of shares outstanding for 1LRCX has been reduced compared to 1 year ago.
  • The number of shares outstanding for 1LRCX has been reduced compared to 5 years ago.
  • 1LRCX has a better debt/assets ratio than last year.
1LRCX.MI Yearly Shares Outstanding1LRCX.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B
1LRCX.MI Yearly Total Debt VS Total Assets1LRCX.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

2.2 Solvency

  • 1LRCX has a debt to FCF ratio of 0.72. This is a very positive value and a sign of high solvency as it would only need 0.72 years to pay back of all of its debts.
  • 1LRCX has a Debt to FCF ratio of 0.72. This is in the better half of the industry: 1LRCX outperforms 78.26% of its industry peers.
  • A Debt/Equity ratio of 0.37 indicates that 1LRCX is not too dependend on debt financing.
  • 1LRCX's Debt to Equity ratio of 0.37 is on the low side compared to the rest of the industry. 1LRCX is outperformed by 65.22% of its industry peers.
  • Although 1LRCX does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
Industry RankSector Rank
Debt/Equity 0.37
Debt/FCF 0.72
Altman-Z N/A
ROIC/WACC3.69
WACC11%
1LRCX.MI Yearly LT Debt VS Equity VS FCF1LRCX.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.3 Liquidity

  • A Current Ratio of 2.26 indicates that 1LRCX has no problem at all paying its short term obligations.
  • 1LRCX's Current ratio of 2.26 is in line compared to the rest of the industry. 1LRCX outperforms 46.38% of its industry peers.
  • 1LRCX has a Quick Ratio of 1.61. This is a normal value and indicates that 1LRCX is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 1.61, 1LRCX is doing worse than 63.77% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.26
Quick Ratio 1.61
1LRCX.MI Yearly Current Assets VS Current Liabilites1LRCX.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 45.70% over the past year.
  • 1LRCX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.02% yearly.
  • The Revenue has grown by 26.85% in the past year. This is a very strong growth!
  • The Revenue has been growing by 12.91% on average over the past years. This is quite good.
EPS 1Y (TTM)45.7%
EPS 3Y7.72%
EPS 5Y21.02%
EPS Q2Q%39.56%
Revenue 1Y (TTM)26.85%
Revenue growth 3Y2.29%
Revenue growth 5Y12.91%
Sales Q2Q%22.14%

3.2 Future

  • The Earnings Per Share is expected to grow by 13.46% on average over the next years. This is quite good.
  • Based on estimates for the next years, 1LRCX will show a quite strong growth in Revenue. The Revenue will grow by 9.82% on average per year.
EPS Next Y29.23%
EPS Next 2Y28.88%
EPS Next 3Y24.32%
EPS Next 5Y13.46%
Revenue Next Year21.32%
Revenue Next 2Y21.72%
Revenue Next 3Y17.75%
Revenue Next 5Y9.82%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 decreasing.
1LRCX.MI Yearly Revenue VS Estimates1LRCX.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B
1LRCX.MI Yearly EPS VS Estimates1LRCX.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6

More info and screens

Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 47.85, 1LRCX can be considered very expensive at the moment.
  • 1LRCX's Price/Earnings ratio is in line with the industry average.
  • 1LRCX is valuated expensively when we compare the Price/Earnings ratio to 27.93, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 34.06, 1LRCX can be considered very expensive at the moment.
  • Based on the Price/Forward Earnings ratio, 1LRCX is valued a bit more expensive than the industry average as 63.77% of the companies are valued more cheaply.
  • The average S&P500 Price/Forward Earnings ratio is at 27.77. 1LRCX is valued slightly more expensive when compared to this.
Industry RankSector Rank
PE 47.85
Fwd PE 34.06
1LRCX.MI Price Earnings VS Forward Price Earnings1LRCX.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1LRCX indicates a slightly more expensive valuation: 1LRCX is more expensive than 73.91% of the companies listed in the same industry.
  • 62.32% of the companies in the same industry are more expensive than 1LRCX, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 47.33
EV/EBITDA 39.83
1LRCX.MI Per share data1LRCX.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

  • 1LRCX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The excellent profitability rating of 1LRCX may justify a higher PE ratio.
  • A more expensive valuation may be justified as 1LRCX's earnings are expected to grow with 24.32% in the coming years.
PEG (NY)1.64
PEG (5Y)2.28
EPS Next 2Y28.88%
EPS Next 3Y24.32%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.49%, 1LRCX is not a good candidate for dividend investing.
  • 1LRCX's Dividend Yield is comparable with the industry average which is at 0.82.
  • Compared to an average S&P500 Dividend Yield of 1.81, 1LRCX's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.49%

5.2 History

  • The dividend of 1LRCX is nicely growing with an annual growth rate of 14.54%!
Dividend Growth(5Y)14.54%
Div Incr YearsN/A
Div Non Decr YearsN/A

5.3 Sustainability

  • 19.48% of the earnings are spent on dividend by 1LRCX. This is a low number and sustainable payout ratio.
  • 1LRCX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP19.48%
EPS Next 2Y28.88%
EPS Next 3Y24.32%
1LRCX.MI Yearly Income VS Free CF VS Dividend1LRCX.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B
1LRCX.MI Dividend Payout.1LRCX.MI Dividend Payout, showing the Payout Ratio.1LRCX.MI Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

LAM RESEARCH CORP

BIT:1LRCX (2/3/2026, 7:00:00 PM)

198.58

-1.77 (-0.88%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)01-28
Earnings (Next)04-21
Inst Owners88.63%
Inst Owner ChangeN/A
Ins Owners0.24%
Ins Owner ChangeN/A
Market Cap249.42B
Revenue(TTM)20.56B
Net Income(TTM)6.21B
Analysts80
Price Target232.53 (17.1%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.49%
Yearly Dividend0.76
Dividend Growth(5Y)14.54%
DP19.48%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.75%
Min EPS beat(2)1.09%
Max EPS beat(2)6.41%
EPS beat(4)4
Avg EPS beat(4)4.18%
Min EPS beat(4)1.09%
Max EPS beat(4)7.79%
EPS beat(8)8
Avg EPS beat(8)4.13%
EPS beat(12)12
Avg EPS beat(12)5.57%
EPS beat(16)15
Avg EPS beat(16)5.88%
Revenue beat(2)0
Avg Revenue beat(2)-0.26%
Min Revenue beat(2)-0.28%
Max Revenue beat(2)-0.24%
Revenue beat(4)1
Avg Revenue beat(4)0.07%
Min Revenue beat(4)-0.4%
Max Revenue beat(4)1.22%
Revenue beat(8)2
Avg Revenue beat(8)-0.02%
Revenue beat(12)4
Avg Revenue beat(12)-0.1%
Revenue beat(16)7
Avg Revenue beat(16)0.23%
PT rev (1m)72.94%
PT rev (3m)131.53%
EPS NQ rev (1m)14.28%
EPS NQ rev (3m)23.2%
EPS NY rev (1m)8.23%
EPS NY rev (3m)15.57%
Revenue NQ rev (1m)7.85%
Revenue NQ rev (3m)15.38%
Revenue NY rev (1m)4.23%
Revenue NY rev (3m)9.91%
Valuation
Industry RankSector Rank
PE 47.85
Fwd PE 34.06
P/S 14.31
P/FCF 47.33
P/OCF 41.31
P/B 29
P/tB 35.52
EV/EBITDA 39.83
EPS(TTM)4.15
EY2.09%
EPS(NY)5.83
Fwd EY2.94%
FCF(TTM)4.2
FCFY2.11%
OCF(TTM)4.81
OCFY2.42%
SpS13.88
BVpS6.85
TBVpS5.59
PEG (NY)1.64
PEG (5Y)2.28
Graham Number25.29
Profitability
Industry RankSector Rank
ROA 29.05%
ROE 61.24%
ROCE 45.74%
ROIC 40.64%
ROICexc 68.56%
ROICexgc 86.48%
OM 33.76%
PM (TTM) 30.22%
GM 49.8%
FCFM 30.23%
ROA(3y)23.18%
ROA(5y)24.18%
ROE(3y)51.37%
ROE(5y)58.46%
ROIC(3y)31.47%
ROIC(5y)32.89%
ROICexc(3y)52.82%
ROICexc(5y)54.36%
ROICexgc(3y)66.54%
ROICexgc(5y)68.82%
ROCE(3y)35.41%
ROCE(5y)37.02%
ROICexgc growth 3Y7.04%
ROICexgc growth 5Y0.35%
ROICexc growth 3Y5.47%
ROICexc growth 5Y4.28%
OM growth 3Y0.81%
OM growth 5Y3.76%
PM growth 3Y2.83%
PM growth 5Y5.33%
GM growth 3Y2.15%
GM growth 5Y1.2%
F-Score8
Asset Turnover0.96
Health
Industry RankSector Rank
Debt/Equity 0.37
Debt/FCF 0.72
Debt/EBITDA 0.51
Cap/Depr 225.8%
Cap/Sales 4.41%
Interest Coverage 250
Cash Conversion 96.98%
Profit Quality 100.04%
Current Ratio 2.26
Quick Ratio 1.61
Altman-Z N/A
F-Score8
WACC11%
ROIC/WACC3.69
Cap/Depr(3y)151.1%
Cap/Depr(5y)146.11%
Cap/Sales(3y)3.22%
Cap/Sales(5y)3.04%
Profit Quality(3y)105.3%
Profit Quality(5y)90.85%
High Growth Momentum
Growth
EPS 1Y (TTM)45.7%
EPS 3Y7.72%
EPS 5Y21.02%
EPS Q2Q%39.56%
EPS Next Y29.23%
EPS Next 2Y28.88%
EPS Next 3Y24.32%
EPS Next 5Y13.46%
Revenue 1Y (TTM)26.85%
Revenue growth 3Y2.29%
Revenue growth 5Y12.91%
Sales Q2Q%22.14%
Revenue Next Year21.32%
Revenue Next 2Y21.72%
Revenue Next 3Y17.75%
Revenue Next 5Y9.82%
EBIT growth 1Y44.13%
EBIT growth 3Y3.12%
EBIT growth 5Y17.15%
EBIT Next Year29.47%
EBIT Next 3Y20.78%
EBIT Next 5Y10.27%
FCF growth 1Y27.79%
FCF growth 3Y28.47%
FCF growth 5Y23%
OCF growth 1Y35.55%
OCF growth 3Y25.82%
OCF growth 5Y23.76%

LAM RESEARCH CORP / 1LRCX.MI FAQ

Can you provide the ChartMill fundamental rating for LAM RESEARCH CORP?

ChartMill assigns a fundamental rating of 6 / 10 to 1LRCX.MI.


What is the valuation status of LAM RESEARCH CORP (1LRCX.MI) stock?

ChartMill assigns a valuation rating of 3 / 10 to LAM RESEARCH CORP (1LRCX.MI). This can be considered as Overvalued.


Can you provide the profitability details for LAM RESEARCH CORP?

LAM RESEARCH CORP (1LRCX.MI) has a profitability rating of 9 / 10.


What is the financial health of LAM RESEARCH CORP (1LRCX.MI) stock?

The financial health rating of LAM RESEARCH CORP (1LRCX.MI) is 6 / 10.


How sustainable is the dividend of LAM RESEARCH CORP (1LRCX.MI) stock?

The dividend rating of LAM RESEARCH CORP (1LRCX.MI) is 3 / 10 and the dividend payout ratio is 19.48%.