LAM RESEARCH CORP (1LRCX.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1LRCX - US5128073062 - Common Stock
193.5 EUR
+5.3 (+2.82%)
Overall 1LRCX gets a fundamental rating of 6 out of 10. We evaluated 1LRCX against 68 industry peers in the Semiconductors & Semiconductor Equipment industry. 1LRCX scores excellent on profitability, but there are some minor concerns on its financial health. 1LRCX is valued quite expensive, but it does show an excellent growth. These ratings could make 1LRCX a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
- 1LRCX had positive earnings in the past year.
- In the past year 1LRCX had a positive cash flow from operations.
- In the past 5 years 1LRCX has always been profitable.
- 1LRCX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- 1LRCX has a better Return On Assets (26.53%) than 95.83% of its industry peers.
- The Return On Equity of 1LRCX (57.01%) is better than 94.44% of its industry peers.
- 1LRCX has a better Return On Invested Capital (37.82%) than 94.44% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for 1LRCX is significantly above the industry average of 14.62%.
- The last Return On Invested Capital (37.82%) for 1LRCX is above the 3 year average (31.47%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 26.53% | ||
| ROE | 57.01% | ||
| ROIC | 37.82% |
ROA(3y)23.18%
ROA(5y)24.18%
ROE(3y)51.37%
ROE(5y)58.46%
ROIC(3y)31.47%
ROIC(5y)32.89%
1.3 Margins
- 1LRCX has a better Profit Margin (29.66%) than 86.11% of its industry peers.
- In the last couple of years the Profit Margin of 1LRCX has grown nicely.
- The Operating Margin of 1LRCX (33.00%) is better than 84.72% of its industry peers.
- 1LRCX's Operating Margin has improved in the last couple of years.
- With a Gross Margin value of 49.31%, 1LRCX perfoms like the industry average, outperforming 54.17% of the companies in the same industry.
- 1LRCX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33% | ||
| PM (TTM) | 29.66% | ||
| GM | 49.31% |
OM growth 3Y0.81%
OM growth 5Y3.76%
PM growth 3Y2.83%
PM growth 5Y5.33%
GM growth 3Y2.15%
GM growth 5Y1.2%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 1LRCX is creating value.
- 1LRCX has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for 1LRCX has been reduced compared to 5 years ago.
- Compared to 1 year ago, 1LRCX has an improved debt to assets ratio.
2.2 Solvency
- The Debt to FCF ratio of 1LRCX is 0.81, which is an excellent value as it means it would take 1LRCX, only 0.81 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 0.81, 1LRCX is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
- 1LRCX has a Debt/Equity ratio of 0.37. This is a healthy value indicating a solid balance between debt and equity.
- Looking at the Debt to Equity ratio, with a value of 0.37, 1LRCX is doing worse than 65.28% of the companies in the same industry.
- Even though the debt/equity ratio score it not favorable for 1LRCX, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 0.81 | ||
| Altman-Z | N/A |
ROIC/WACC3.5
WACC10.82%
2.3 Liquidity
- 1LRCX has a Current Ratio of 2.21. This indicates that 1LRCX is financially healthy and has no problem in meeting its short term obligations.
- 1LRCX's Current ratio of 2.21 is in line compared to the rest of the industry. 1LRCX outperforms 43.06% of its industry peers.
- 1LRCX has a Quick Ratio of 1.60. This is a normal value and indicates that 1LRCX is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of 1LRCX (1.60) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.6 |
3. Growth
3.1 Past
- 1LRCX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 41.65%, which is quite impressive.
- The Earnings Per Share has been growing by 21.02% on average over the past years. This is a very strong growth
- The Revenue has grown by 25.66% in the past year. This is a very strong growth!
- 1LRCX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.91% yearly.
EPS 1Y (TTM)41.65%
EPS 3Y7.72%
EPS 5Y21.02%
EPS Q2Q%46.51%
Revenue 1Y (TTM)25.66%
Revenue growth 3Y2.29%
Revenue growth 5Y12.91%
Sales Q2Q%27.74%
3.2 Future
- Based on estimates for the next years, 1LRCX will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.46% on average per year.
- 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 Y19.4%
EPS Next 2Y18.27%
EPS Next 3Y15.91%
EPS Next 5Y13.46%
Revenue Next Year16.29%
Revenue Next 2Y15.36%
Revenue Next 3Y12.73%
Revenue Next 5Y9.82%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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.
4. Valuation
4.1 Price/Earnings Ratio
- 1LRCX is valuated quite expensively with a Price/Earnings ratio of 49.49.
- Compared to the rest of the industry, the Price/Earnings ratio of 1LRCX indicates a slightly more expensive valuation: 1LRCX is more expensive than 62.50% of the companies listed in the same industry.
- 1LRCX's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.38.
- With a Price/Forward Earnings ratio of 38.82, 1LRCX can be considered very expensive at the moment.
- 68.06% of the companies in the same industry are cheaper than 1LRCX, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of 1LRCX to the average of the S&P500 Index (24.29), we can say 1LRCX is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.49 | ||
| Fwd PE | 38.82 |
4.2 Price Multiples
- 72.22% of the companies in the same industry are cheaper than 1LRCX, based on the Enterprise Value to EBITDA ratio.
- The rest of the industry has a similar Price/Free Cash Flow ratio as 1LRCX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 50.87 | ||
| EV/EBITDA | 40.84 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates 1LRCX does not grow enough to justify the current Price/Earnings ratio.
- 1LRCX has an outstanding profitability rating, which may justify a higher PE ratio.
- 1LRCX's earnings are expected to grow with 15.91% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.55
PEG (5Y)2.35
EPS Next 2Y18.27%
EPS Next 3Y15.91%
5. Dividend
5.1 Amount
- 1LRCX has a yearly dividend return of 0.48%, which is pretty low.
- In the last 3 months the price of 1LRCX has falen by -80.47%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
- 1LRCX's Dividend Yield is comparable with the industry average which is at 0.72.
- With a Dividend Yield of 0.48, 1LRCX pays less dividend than the S&P500 average, which is at 1.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.48% |
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
- 20.32% of the earnings are spent on dividend by 1LRCX. This is a low number and sustainable payout ratio.
- The dividend of 1LRCX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP20.32%
EPS Next 2Y18.27%
EPS Next 3Y15.91%
BIT:1LRCX (1/16/2026, 7:00:00 PM)
193.5
+5.3 (+2.82%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)10-22 2025-10-22/amc
Earnings (Next)01-28 2026-01-28/amc
Inst Owners88.63%
Inst Owner ChangeN/A
Ins Owners0.24%
Ins Owner ChangeN/A
Market Cap243.04B
Revenue(TTM)19.59B
Net Income(TTM)5.81B
Analysts80
Price Target159.28 (-17.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.48% |
Yearly Dividend0.77
Dividend Growth(5Y)14.54%
DP20.32%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.44%
Min EPS beat(2)1.09%
Max EPS beat(2)7.79%
EPS beat(4)4
Avg EPS beat(4)3%
Min EPS beat(4)1.09%
Max EPS beat(4)7.79%
EPS beat(8)8
Avg EPS beat(8)3.8%
EPS beat(12)12
Avg EPS beat(12)5.49%
EPS beat(16)14
Avg EPS beat(16)5.37%
Revenue beat(2)1
Avg Revenue beat(2)0.49%
Min Revenue beat(2)-0.24%
Max Revenue beat(2)1.22%
Revenue beat(4)1
Avg Revenue beat(4)0.03%
Min Revenue beat(4)-0.48%
Max Revenue beat(4)1.22%
Revenue beat(8)2
Avg Revenue beat(8)-0.07%
Revenue beat(12)5
Avg Revenue beat(12)0.08%
Revenue beat(16)7
Avg Revenue beat(16)-0.14%
PT rev (1m)11.92%
PT rev (3m)58.59%
EPS NQ rev (1m)0.24%
EPS NQ rev (3m)12.31%
EPS NY rev (1m)0.02%
EPS NY rev (3m)7.96%
Revenue NQ rev (1m)0.04%
Revenue NQ rev (3m)8.58%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)5.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.49 | ||
| Fwd PE | 38.82 | ||
| P/S | 14.41 | ||
| P/FCF | 50.87 | ||
| P/OCF | 44.23 | ||
| P/B | 27.7 | ||
| P/tB | 33.75 | ||
| EV/EBITDA | 40.84 |
EPS(TTM)3.91
EY2.02%
EPS(NY)4.98
Fwd EY2.58%
FCF(TTM)3.8
FCFY1.97%
OCF(TTM)4.38
OCFY2.26%
SpS13.43
BVpS6.99
TBVpS5.73
PEG (NY)2.55
PEG (5Y)2.35
Graham Number24.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 26.53% | ||
| ROE | 57.01% | ||
| ROCE | 42.56% | ||
| ROIC | 37.82% | ||
| ROICexc | 67.6% | ||
| ROICexgc | 86.11% | ||
| OM | 33% | ||
| PM (TTM) | 29.66% | ||
| GM | 49.31% | ||
| FCFM | 28.33% |
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 Turnover0.89
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 0.81 | ||
| Debt/EBITDA | 0.54 | ||
| Cap/Depr | 211.81% | ||
| Cap/Sales | 4.26% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 93.06% | ||
| Profit Quality | 95.52% | ||
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.6 | ||
| Altman-Z | N/A |
F-Score8
WACC10.82%
ROIC/WACC3.5
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)41.65%
EPS 3Y7.72%
EPS 5Y21.02%
EPS Q2Q%46.51%
EPS Next Y19.4%
EPS Next 2Y18.27%
EPS Next 3Y15.91%
EPS Next 5Y13.46%
Revenue 1Y (TTM)25.66%
Revenue growth 3Y2.29%
Revenue growth 5Y12.91%
Sales Q2Q%27.74%
Revenue Next Year16.29%
Revenue Next 2Y15.36%
Revenue Next 3Y12.73%
Revenue Next 5Y9.82%
EBIT growth 1Y41.9%
EBIT growth 3Y3.12%
EBIT growth 5Y17.15%
EBIT Next Year27.78%
EBIT Next 3Y17.33%
EBIT Next 5Y10.27%
FCF growth 1Y23.28%
FCF growth 3Y28.47%
FCF growth 5Y23%
OCF growth 1Y29.21%
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 2 / 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 20.32%.